Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015-Pre-Sales, Collection performance and project update
NIMBSPROJ · price
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Nimbus Projects reported strong Q3 FY25-26 performance with pre-sales booking value of ₹147.58 Cr, up 43% from ₹103.14 Cr in Q3 FY24-25. Customer collections jumped 254% to ₹75.87 Cr from ₹21.46 Cr year-on-year. The Express Park View-II project in Greater Noida received its completion certificate for the remaining 310 flats on January 28, 2026, marking full project completion. Out of 1630 total flats and 40 shops in the project, 1539 flats and all 40 shops have been sold, with ₹724.66 Cr of inventory sold against a total sales consideration of ₹835.16 Cr. The company is a real estate developer focused on middle-income housing in Noida and Greater Noida.
Sharp growth in pre-sales and collections signals strong demand and improved cash flows, while the completion certificate reduces execution risk and enables final revenue recognition from the project.