| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 38.2 | 42.2 | −9.5% |
| EBITDA | 15.8 | 9.9 | +59.9% |
| EBITDA margin | 41.4% | 23.4% | +17.9 pts |
| Profit before tax | 8.1 | 7.7 | +5.3% |
| Net profit | 5.9 | 5.3 | +10.3% |
| EPS | ₹0.15 | ₹0.14 | +7.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 432 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 0.7 | 13.2 | 9.4 | 13.7 | 11.6 | ||
| 0.3 | 0.2 | −0.1 | 0.0 | 0.0 | ||
| 78.1 | 78.1 | 21.6 | 0.2 | 0.0 | ||
| 509 | — | — | — | — | ||
| 187 | 185 | 136 | 90.7 | 1.0 | ||
| — | +36.2% | +49.7% | +8,874.4% | — | ||
| 69.3 | 57.4 | 33.1 | 11.0 | −7.9 | ||
| 37.1% | 31.0% | 24.4% | 12.1% | −778.2% | ||
| 63.5 | 51.9 | 28.0 | 9.8 | −8.0 | ||
| 32.1 | 28.8 | 14.7 | 13.4 | −4.1 | ||
| 17.2% | 15.5% | 10.8% | 14.8% | −401.9% | ||
| ₹0.80 | ₹0.72 | ₹0.37 | ₹0.34 | −₹0.10 | ||
| — | +93.8% | +9.7% | +430.4% | — | ||
| — | −28.9 | −40.5 | 28.6 | 13.2 | ||
| — | −3.1 | −1.6 | −26.1 | −0.5 | ||
| −32.0 | −32.0 | −42.1 | 2.5 | 12.7 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 431.7 | |
| - Cash, Equiv & ST Investments | 11.6 | 13.7 | 9.4 | 13.2 | 0.7 | |
| + Minority Interest | 0.0 | 0.0 | -0.1 | 0.2 | 0.3 | |
| + Total Debt | 0.0 | 0.2 | 21.6 | 78.1 | 78.1 | |
| Enterprise Value | — | — | — | — | 509.4 | |
| Revenue | 1.0 | 90.7 | 135.8 | 185.0 | 186.8 | |
| Growth %, YoY | — | +8,874.4 | +49.7 | +36.2 | — | |
| EBITDA | -7.9 | 11.0 | 33.1 | 57.4 | 69.3 | |
| Margin % | -778.19 | 12.11 | 24.41 | 31.02 | 37.06 | |
| EBIT | -8.0 | 9.8 | 28.0 | 51.9 | 63.5 | |
| Net Income | -4.1 | 13.4 | 14.7 | 28.8 | 32.1 | |
| Margin % | -401.89 | 14.80 | 10.81 | 15.54 | 17.16 | |
| EPS, Adj (current shares) | -0.10 | 0.34 | 0.37 | 0.72 | 0.80 | |
| Growth %, YoY | — | +430.4 | +9.7 | +93.8 | — | |
| Cash from Operations | 13.2 | 28.6 | -40.5 | -28.9 | — | |
| Capital Expenditures | -0.5 | -26.1 | -1.6 | -3.1 | — | |
| Free Cash Flow | 12.7 | 2.5 | -42.1 | -32.0 | -32.0 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Nila Spaces (NSE: NILASPACES) had a market capitalisation of ₹409 crore at the 30 October 2026 close (₹10.38 a share), a PE ratio of 12.9 on the last four quarters' profit and a price-to-book ratio of 2.21. In FY26 its consolidated net profit was ₹28.5 crore on revenue of ₹185 crore; in Q2 FY27 (July–September 2026) it was ₹5.9 crore, up 8.0% year on year. Its debt-to-equity ratio was 1.88 on 30 September 2026. Promoters held 60.12% of the shares on 30 September 2026.
Nila Spaces' PE ratio is 12.9 at the 30 October 2026 close (₹10.38 a share): a market capitalisation of ₹409 crore divided by consolidated net profit of ₹31.6 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹28.5 crore) it is 14.3.
Nila Spaces' net worth — shareholders' equity in its consolidated balance sheet — was ₹185 crore on 30 September 2026, up 20.5% from ₹154 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹409 crore at the 30 October 2026 close.
Nila Spaces' book value per share was ₹4.70 on 30 September 2026: shareholders' equity of ₹185 crore divided by the 39.39 crore shares in issue, up 20.5% from ₹3.90 a year earlier. The share price at the 30 October 2026 close was ₹10.38.
Nila Spaces' price-to-book (PB) ratio is 2.21 at the 30 October 2026 close: a market capitalisation of ₹409 crore divided by shareholders' equity (book value) of ₹185 crore on 30 September 2026. That is a book value of ₹4.70 per share against a share price of ₹10.38.
In FY26, Nila Spaces' return on equity (ROE) was 18.2% and its return on capital employed (ROCE) was 25.9%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.9% and ROCE 19.3%.
Promoters held 60.12% of Nila Spaces on 30 September 2026, down 1.78 percentage points from 61.90% the previous quarter and down 1.78 percentage points from 61.90% a year earlier, according to the shareholding pattern filed with NSE.
Nila Spaces' market capitalisation was ₹409 crore at the 30 October 2026 close: 39.39 crore shares at ₹10.38 each.
No. Nila Spaces had borrowings of ₹348 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 1.88. Its cash and current investments were ₹74 lakh, so its net debt was ₹348 crore.
Nila Spaces' basic earnings per share (EPS) were ₹0.73 in FY26, against ₹0.37 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹0.80.
Nila Spaces' debt-to-equity ratio was 1.88 on 30 September 2026: borrowings of ₹348 crore against total equity of ₹185 crore. A year earlier, on 30 September 2025, it was 0.62.
On 30 September 2026, Nila Spaces' shares were held by promoters 60.12%, foreign portfolio investors (FII/FPI) 0.00% and retail and other non-institutional investors 39.88%. Over the year, FII holding was down 0.33 percentage points from 0.33%.
Nila Spaces has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
In FY26, Nila Spaces generated ₹28.9 crore of cash from operations and spent ₹3.1 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹32 crore. In FY25 it was −₹42.1 crore.
In FY26 (April 2025–March 2026), Nila Spaces' consolidated net profit was ₹28.5 crore, up 93.8% from ₹14.7 crore in FY25, on revenue from operations of ₹185 crore (up 36.2%).
On FY26 consolidated figures, against Atal Realtech, Suratwwala Business Group and Emami Realty: Nila Spaces' operating margin of 28.1% is the second highest of the four (Atal Realtech 8.4%, Suratwwala Business Group 35.8%, Emami Realty −159.3%; peer average −38.4%).
Nila Spaces' latest results are for Q2 FY27 (July–September 2026), filed on 30 October 2026: consolidated net profit ₹5.9 crore, up 8.0% from ₹5.5 crore in Q2 FY26; revenue from operations ₹38.2 crore, down 9.5% year on year.
In FY26, Nila Spaces earned net profit of ₹28.5 crore on revenue of ₹185 crore, against ₹6.5 crore on ₹120 crore for Atal Realtech. Nila Spaces' operating margin was 28.1% (Atal Realtech 8.4%) and its return on equity 18.2% (Atal Realtech 6.8%). At the 30 October 2026 close, Nila Spaces' market capitalisation was ₹409 crore against ₹169 crore for Atal Realtech, and its PE ratio on FY26 profit 14.3 against 26.1.
From Nila Spaces' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.