BSE: 542231 | NSE: NILASPACES | Construction - Real Estate | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nila Spaces Ltd is a below average quality company.
The key valuation ratios of Nila Spaces Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Nila Spaces Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 3.8% | 3.5% | 5% | 2.3% | 1.1% | -3.3% | - |
| Value Creation Index ⓘ | -0.7 | -0.8 | -0.6 | -0.8 | -0.9 | -1.2 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 19.8 | 9.6 | 87.7 | 45.1 | 5.3 | 1 | 58 |
| Sales YoY Gr. | - | -51.3% | 809.2% | -48.5% | -88.2% | -81.1% | - |
| Adj EPS ⓘ | 0.1 | 0.1 | 0.1 | 0 | 0 | -0.1 | 0 |
| YoY Gr. | - | 16.7% | 57.1% | -90.9% | 200% | -466.7% | - |
| BVPS (₹) ⓘ | 3 | 3.1 | 3.2 | 3.2 | 3.2 | 3.1 | 3.2 |
| Adj Net Profit ⓘ | 2.2 | 2.8 | 4.3 | 0.3 | 1.2 | -4.1 | 2 |
| Cash Flow from Ops. ⓘ | 18 | -3.7 | 33.9 | 24.7 | -21.8 | 13.2 | - |
| Debt/CF from Ops. ⓘ | 3.2 | -20.6 | 0.7 | 0.4 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | -44.8% | -77.4% | -81.1% | ||||
| Adj EPS ⓘ | NA | -212.9% | -200% | -466.7% | ||||
| BVPSⓘ | NA | 0.9% | -0.6% | -3.4% | ||||
| Share Price | - | 30.3% | 77.4% | 166.7% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 1.9 | 2.3 | 3.5 | 0.2 | 1 | -3.3 | 1.3 |
| Op. Profit Mgn % ⓘ | 2.1 | 12 | 3 | 4.3 | -54.5 | -773.6 | 12.5 |
| Net Profit Mgn % ⓘ | 11.1 | 28.8 | 4.9 | 0.7 | 22.7 | -409.3 | 2.7 |
| Debt to Equity ⓘ | 0.5 | 0.6 | 0.2 | 0.1 | 0 | 0 | - |
| Working Cap Days ⓘ | 0 | 6,262 | 583 | 930 | 7,785 | 47,159 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 4,567 | 403 | 442 | 3,971 | 30,293 | 0 |
Return on Equity has increased versus last 3 years average to 1.30%
Sales growth has been subdued in last 3 years -77.41%
Net Profit has been subdued in last 3 years -200.00%
Sales growth is not so good in last 4 quarters at -50.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0 | 0.2 |
| TTM Sales (₹ Cr.) | 58.4 | 58.4 |
| BVPS (₹.) ⓘ | 3.2 | 3.2 |
| Reserves (₹ Cr.) ⓘ | 88 | 86 |
| P/BV ⓘ | 2.31 | 2.35 |
| PE ⓘ | 168.81 | 34.71 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 2.40 / 7.99 |
| All Time Low / High (₹) | 0.51 / 7.99 |
| Market Cap (₹ Cr.) | 294 |
| Equity (₹ Cr.) | 39.4 |
| Face Value (₹) | 1 |
| Industry PE ⓘ | 79.3 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|
| Sales | 20 | 10 | 88 | 45 | 5 | 1 |
| Operating Expenses ⓘ | 19 | 8 | 85 | 43 | 8 | 9 |
| Manufacturing Costs | 0 | 2 | 2 | 5 | -8 | -24 |
| Material Costs | 18 | 4 | 79 | 31 | 13 | 25 |
| Employee Cost | 1 | 0 | 1 | 1 | 1 | 1 |
| Other Costs ⓘ | 1 | 3 | 2 | 6 | 2 | 7 |
| Operating Profit ⓘ | 0 | 1 | 3 | 2 | -3 | -8 |
| Operating Profit Margin (%) | 1.9% | 12.0% | 3.0% | 4.3% | -57.9% | -778.0% |
| Other Income ⓘ | 9 | 7 | 6 | 6 | 5 | 2 |
| Interest ⓘ | 6 | 5 | 6 | 4 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 3 | 3 | 2 | 4 | 2 | -6 |
| Tax ⓘ | 1 | 0 | -3 | 3 | 1 | -2 |
| Profit After Tax | 2 | 3 | 5 | 0 | 1 | -4 |
| PAT Margin (%) | 11.0% | 28.8% | 5.7% | 0.6% | 24.2% | -397.0% |
| Adjusted EPS (₹) | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | -0.1 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 118 | 120 | 125 | 126 | 127 | 123 | ||||
| Share Capital ⓘ | 39 | 39 | 39 | 39 | 39 | 39 | ||||
| Reserves ⓘ | 78 | 81 | 86 | 86 | 88 | 84 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 57 | 76 | 23 | 10 | 0 | 0 | ||||
| Long Term Debt | 57 | 76 | 23 | 10 | 0 | 0 | ||||
| Short Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Trade Payables | 0 | 1 | 3 | 20 | 2 | 9 | ||||
| Others Liabilities ⓘ | 16 | 16 | -3 | 0 | 4 | 56 | ||||
| Total Liabilities ⓘ | 191 | 214 | 148 | 156 | 133 | 188 | ||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Accumulated Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Net Fixed Assetsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Investmentsⓘ | 28 | 44 | 35 | 38 | 15 | 18 | ||||
| Inventories | 118 | 124 | 72 | 62 | 70 | 99 | ||||
| Trade Receivables | 0 | 0 | 1 | 0 | 1 | 0 | ||||
| Cash Equivalents | 0 | 3 | 1 | 0 | 1 | 12 | ||||
| Others Assetsⓘ | 44 | 43 | 40 | 55 | 46 | 59 | ||||
| Total Assets ⓘ | 191 | 214 | 148 | 156 | 133 | 188 | ||||
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 18 | -4 | 34 | 25 | -22 | 13 |
| PBT ⓘ | 3 | 3 | 2 | 4 | 2 | -6 |
| Adjustment ⓘ | -3 | -2 | 0 | -2 | -4 | -2 |
| Changes in Working Capital ⓘ | 18 | -4 | 32 | 23 | -19 | 21 |
| Tax Paid ⓘ | 0 | -1 | -1 | 0 | 0 | 0 |
| Cash Flow From Investing Activity ⓘ | 7 | -7 | 25 | -8 | 32 | -2 |
| Capex | 0 | -13 | 6 | -1 | 2 | 0 |
| Net Investments | -2 | 0 | 4 | -3 | 14 | -5 |
| Others ⓘ | 9 | 6 | 15 | -4 | 16 | 3 |
| Cash Flow From Financing Activityⓘ | -25 | 14 | -60 | -17 | -10 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | -18 | 21 | -46 | -13 | -10 | 0 |
| Interest Paid ⓘ | -6 | -5 | -6 | -4 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | -2 | -8 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 3 | -2 | -1 | 0 | 11 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 1.84 | 2.34 | 4.09 | 0.23 | 1.02 | -3.21 | ||||
| ROCE (%) | 5.37 | 4.51 | 4.97 | 5.54 | 1.64 | -4.45 | ||||
| Asset Turnover Ratio | 0.1 | 0.05 | 0.48 | 0.3 | 0.04 | 0.01 | ||||
| PAT to CFO Conversion(x) | 9 | -1.33 | 6.8 | N/A | -22 | N/A | Working Capital Days | |||
| Receivable Days | 7 | 14 | 2 | 4 | 33 | 122 | ||||
| Inventory Days | 2,186 | 4,596 | 409 | 542 | 4,499 | 0 | ||||
| Payable Days | 10 | 76 | 9 | 134 | 304 | 81 | ||||
Nila Spaces Limited is a latest enterprise of Ahmedabad headquartered Sambhaav Group, pursuant to the Scheme of Arrangement for Demerger of Real Estate (RE) Undertaking of Nila Infrastructures Ltd (the Demerged Company) into Nila Spaces Ltd (the Resultant Company) under section 230 to 232 and other applicable provisions of the Companies Act, 2013 with Appointed Date of April 1, 2017.
The company is a progressive Real-Estate company that believes in changing the paradigm of the industry by adopting innovative technologies, benchmark quality, robust engineering and uncompromising business ethics. Since its inception, Nila Spaces Limited has functioned with marked distinction in the real estate arena and has demonstrated timeless values and transparency in all spheres of business conduct. Every challenge to provide unswerving real estate to contribute to the growth of the home buyer has been met with tenacity and unmatched dedication.
Business area of the company
The company is engaged in the development of real estate comprising of residential and commercial projects.
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