Nila Infrastructures Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹247 Cr
- P/E
- 9.90
- ROE
- 12.92%
- PEG
- 0.04
- Price to sales
- 0.80
- Debt to equity
- 0.13
- 52W high / low
- ₹10.2 / ₹5.95
- Sales growth (5Y)
- 27.22%
- EBITDA margin
- 10.19%
- Net profit margin
- 7.04%
- Promoter holding
- 61.90%
- Sales (last year)
- ₹304 Cr
Incorporated in 1990, Nila Infrastructures Ltd is involved in the construction and development of infrastructures projects[1]
Guidance scorecard · Q2 FY27 call
What Nila Infrastructures Ltd's management guided
and where it ranks in Realty
RevenueQ3 FY22 call
10–20%- Execution of most projects has begun, with some PPP projects taking a couple of quarters to gain full execution speed due to land vacating and tenant possession processes.
- Revenue for the next financial year is expected to be comparable to pre-pandemic levels.
- Growth focus is on sustainable, profitable growth primarily through PPP projects, which offer higher profitability than EPC projects.
- The company now has an unexecuted order book of Rs. 680 crores, with 91% coming from PPP projects, indicating a strong pipeline.
2 more points from Nila Infrastructures Ltd's call on revenue
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MarginsQ3 FY22 call
FlatSee what Nila Infrastructures Ltd said on margins — free account, 30 seconds.
CapexQ3 FY22 call
Ask what Nila Infrastructures Ltd said on capex →
Full Q3 FY22 analysisFundraisingQ3 FY22 call
See what Nila Infrastructures Ltd said on fundraising — free account, 30 seconds.
Order bookQ3 FY22 call
- Confirmed and practically executable order book as of December 31, 2021: Rs. 6,803.2 million.
- Unexecuted order book currently stands at Rs. 680 crores (Rs. 6,800 million approx), considered sizeable.
- 91% of the unexecuted order book comprises Public Private Partnership (PPP) projects.
- 85% of orders are from the state of Gujarat.
- 92% of orders pertain to affordable housing, amounting to Rs. 6,230.3 million.
- The average execution cycle for the order book is approximately 27 to 28 months.
2 more points from Nila Infrastructures Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Realty
on management's own guidance
- Sobha LtdGood growth2
- Strong growth1
- Man Infraconstruction LtdGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Realty companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹12,035 Cr | 41.1 | |
| 2 | Sobha Ltd | 20–40% | Up 2%+ | ₹12,548 Cr | 54.4 |
| 3 | Man Infraconstruction Ltd | 20–40% | Up 2%+ | ₹4,602 Cr | 21.2 |
| 4 | 20–40% | Up 2%+ | ₹1,157 Cr | 12.7 | |
| 5 | 20–40% | Flat | ₹1.06L Cr | 25.6 | |
| 6 | 20–40% | Flat | ₹61,922 Cr | 23.4 |
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Pro shows every company guiding 40%+ revenue growth →Full Realty rankingFinancials of Nila Infrastructures Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Nila Infrastructures Ltd
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% | 61.90% |
| FIIs + | 0.94% | 0.95% | 1.05% | 1.36% | 0.60% | 0.57% | 0.49% | 0.35% | 0.28% | 0.34% | 0.28% | 0.28% |
| DIIs + | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.03% | 0.03% |
| Public + | 37.17% | 37.15% | 37.05% | 36.75% | 37.49% | 37.54% | 37.59% | 37.75% | 37.82% | 37.75% | 37.78% | 37.79% |
| No. of Shareholders | 56,698 | 71,410 | 72,605 | 82,305 | 89,036 | 94,944 | 97,197 | 96,106 | 93,801 | 91,285 | 90,172 | 89,096 |
Financials of Nila Infrastructures Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 39 | 34 | 87 | 41 | 40 | 52 | 113 | 93 | 74 | 75 | 81 | 74 | 119 |
| Expenses + | 37 | 30 | 82 | 37 | 34 | 47 | 106 | 84 | 66 | 68 | 73 | 67 | 103 |
| Operating Profit | 2 | 4 | 5 | 4 | 5 | 5 | 7 | 9 | 8 | 7 | 8 | 7 | 15 |
| OPM % | 6% | 12% | 6% | 10% | 14% | 10% | 6% | 10% | 11% | 9% | 10% | 10% | 13% |
| Other Income + | 4 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Interest | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | 7 | 7 | 8 | 8 | 10 | 11 | 11 | 9 | 10 | 10 | 17 |
| Tax % | 25% | 26% | 29% | 26% | 26% | 26% | 26% | 26% | 25% | 27% | 26% | 26% | 24% |
| Net Profit + | 2 | 3 | 5 | 5 | 5 | 5 | 5 | 7 | 6 | 5 | 6 | 8 | 11 |
| EPS in Rs | 0.06 | 0.08 | 0.14 | 0.13 | 0.13 | 0.12 | 0.14 | 0.17 | 0.15 | 0.12 | 0.15 | 0.21 | 0.28 |
Financials of Nila Infrastructures Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 124 | 183 | 195 | 202 | 214 | 244 | 97 | 83 | 115 | 185 | 247 | 323 | 349 |
| Expenses + | 101 | 156 | 167 | 166 | 177 | 215 | 87 | 76 | 112 | 173 | 225 | 290 | 311 |
| Operating Profit | 23 | 27 | 28 | 36 | 36 | 29 | 10 | 7 | 3 | 11 | 22 | 32 | 38 |
| OPM % | 18% | 15% | 14% | 18% | 17% | 12% | 10% | 9% | 2.4% | 6% | 9% | 10% | 11% |
| Other Income + | 7 | 12 | 6 | 6 | 7 | 11 | 9 | 11 | 12 | 14 | 15 | 15 | 15 |
| Interest | 10 | 15 | 9 | 11 | 13 | 17 | 16 | 15 | 11 | 8 | 4 | 4 | 5 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 19 | 23 | 23 | 29 | 28 | 21 | 1 | 2 | 2 | 16 | 32 | 41 | 47 |
| Tax % | 36% | 38% | 36% | 31% | 29% | 22% | 41% | 32% | 37% | 28% | 26% | 26% | |
| Net Profit + | 12 | 14 | 15 | 20 | 20 | 16 | -1 | -2 | -0 | 11 | 20 | 23 | 30 |
| EPS in Rs | 0.32 | 0.38 | 0.38 | 0.51 | 0.51 | 0.42 | -0.02 | -0.05 | -0.01 | 0.29 | 0.52 | 0.59 | 0.76 |
| Dividend Payout % | 31% | 29% | 29% | 22% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Financials of Nila Infrastructures Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 37 | 37 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 | 39 |
| Reserves | 120 | 129 | 19 | 64 | 79 | 96 | 96 | 94 | 93 | 104 | 125 | 148 | 167 |
| Borrowings + | 148 | 159 | 79 | 103 | 122 | 119 | 145 | 108 | 66 | 35 | 26 | 24 | 15 |
| Other Liabilities + | 47 | 55 | 104 | 71 | 76 | 90 | 84 | 178 | 620 | 664 | 680 | 682 | 736 |
| Total Liabilities | 352 | 379 | 241 | 277 | 316 | 345 | 364 | 419 | 818 | 842 | 870 | 894 | 957 |
| Fixed Assets + | 33 | 33 | 35 | 34 | 32 | 31 | 38 | 36 | 34 | 35 | 38 | 36 | 36 |
| CWIP | -0 | -0 | 22 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | 7 | 10 | 10 | 6 | 5 | 6 | 7 | 71 | 78 | 89 | 102 | 90 | 92 |
| Other Assets + | 312 | 336 | 174 | 236 | 280 | 308 | 318 | 311 | 706 | 719 | 731 | 767 | 829 |
| Total Assets | 352 | 379 | 241 | 277 | 316 | 345 | 364 | 419 | 818 | 842 | 870 | 894 | 957 |
Financials of Nila Infrastructures Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -76 | -11 | 34 | 3 | -18 | 29 | 18 | 64 | 58 | 65 | 60 | -26 |
| Cash from Investing Activity + | -13 | 8 | -22 | -12 | 17 | -9 | -16 | -26 | -3 | -28 | -25 | 10 |
| Cash from Financing Activity + | 88 | 2 | -10 | 8 | 1 | -19 | 10 | -51 | -54 | -39 | -12 | -7 |
| Net Cash Flow | -0 | -1 | 2 | -1 | -1 | -0 | 12 | -13 | 1 | -1 | 23 | -23 |
| Free Cash Flow | -79 | -11 | 26 | 2 | -18 | 28 | 18 | 68 | 59 | 65 | 57 | -27 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -331% | -7% | 149% | 40% | -19% | 123% | 209% | 883% | 2,138% | 597% | 306% | -52% |
Financials of Nila Infrastructures Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 91 | 73 | 56 | 63 | 54 | 96 | 245 | 164 | 62 | 16 | 7 | 31 |
| Inventory Days | 562 | 1,195 | 1,056 | 1,135 | ||||||||
| Days Payable | 495 | 169 | 247 | 440 | ||||||||
| Cash Conversion Cycle | 91 | 73 | 56 | 63 | 54 | 163 | 245 | 164 | 62 | 1,042 | 815 | 726 |
| Working Capital Days | 643 | 423 | 21 | 124 | 192 | 182 | 400 | 260 | -23 | 29 | 14 | 78 |
| ROCE % | 11% | 12% | 14% | 23% | 19% | 16% | 6% | 6% | 6% | 12% | 19% | 22% |
Guidance history
How Nila Infrastructures Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q3 FY22 call → | 10–20% | Flat | — | — | — |
| Q1 FY22 call → | 10–20% | Flat | Planned | — | Flat |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What Nila Infrastructures Ltd's management said in earlier quarters
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