NIMBSPROJ · price
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Nimbus Projects reported a 43% year-on-year jump in Q3 FY26 pre-sales, with booking value rising to Rs 147.58 crore from Rs 103.14 crore a year earlier. Customer collections more than tripled to Rs 75.87 crore from Rs 21.46 crore, indicating much stronger cash flow realisation. The company also announced full completion of its Express Park View-II project in Greater Noida, having received the completion certificate on 28 January 2026 for the balance 310 flats covering 4.26 lakh sq ft. Of the project's total 1,630 flats and 40 shops, 1,539 flats and all shops have been sold so far, generating Rs 835.16 crore in total sales consideration. Management attributed the strong quarter to steady homebuyer demand in the NCR market and disciplined project execution.
Strong sales growth and a sharp rise in collections should boost near-term cash flows and earnings visibility, while the full completion of Express Park View-II reinforces the developer's track record of timely delivery — both positive signals for shareholder sentiment and the stock in the short term.