NIMBSPROJBSENimbus Projects LtdLowNeutral
Announced Fri, 17 Oct · 16:13 IST

Press Release

NIMBSPROJ · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Nimbus Projects reported an 8.63% year-on-year surge in sales bookings to Rs.239 crore in Q2 FY26, compared with Rs.220 crore a year ago. Collections for the quarter also rose 8.63% to Rs.70 crore, while pre-sales for the first half of FY26 stood at Rs.311 crore. The company recently entered the premium real estate segment by acquiring the 'Sunworld Arista Ph-2' project with a saleable area of 1.10 million sq ft, primarily operating in Noida and Greater Noida. Additionally, its joint venture IITL-Nimbus The Palm Village received a favorable government order, expected to result in an additional 24,365 sq mts of land with roughly 1.10 million sq ft of saleable area at FAR of 3.

Likely market impact

The strong sales and collection growth, combined with the new premium project acquisition and a favorable JV land outcome, signals healthy demand and expanding project pipeline — likely to be viewed positively by investors and supportive of future revenue visibility.