Announcement
Announcement 26 Sep - Reminds physical shareholders to update KYC details and use SEBI transfer window.
Source: Bse
Nila Spaces Limited (NILASPACES)
Small CapReal Estate stocks · Small cap · NSE
Nila Spaces Limited operates in the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals06 Oct 2026 · screener
Latest result03 Aug, 06:48 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
32Bearishfull bear SMA stack · SMA20 -9.9% / mo · MACD + · near 52W low · sector -6.4pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 44
Sector 3M: -12.0% vs Nifty 500 -5.6%
Real Estate FPI tailwindBuilding
Latest FPI flow is positive, but a second consecutive positive fortnight is still required. View sector evidence
Technical chart
NILASPACESD candles · FIT view-16.5%Latest close ₹10.97 on 2026-10-19
Bar
-2.1%
RSI
37
MACD hist
0.02
52W pos
3%
2026-10-19O ₹11.21H ₹11.35L ₹10.85C ₹10.97Vol 4.7L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
NILASPACESNifty RealtyNifty 500
- NILASPACES
- -10.2%
- Nifty 500
- -5.6%
- Nifty Realty
- -11.0%
- Vs Nifty 500
- -4.7 pp
Chart stats
19 Oct 2026- From 52W high
- -45.1%
- 52W range position
- 3%
- ATR (14)
- 4.6%
- Volume vs 20D
- 0.61x
- Avg traded value
- ₹0.8 Cr
- 20D price channel
- ₹10.7 - ₹12.6
₹20
₹10.7 - ₹20
₹0.5
Latest completed session
20-session average
25.0% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · UNDERVALUED70
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent80
Revenue +14.3% · PAT +47.3% YoY
Technical
Bearish32
Price trend and sector-relative-strength timing.
Valuation
Legacy model+58.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence78
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 80/100Rev +14% YoY · PAT +47% YoY · margin expansion · operating leverage
Filed 03 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹46.7 Cr | +14.3% | -6.3% |
| EBITDA | ₹18.1 Cr | +49.3% | +3.7% |
| Operating margin | 38.7% | +907 bps | +372 bps |
| PAT | ₹8.6 Cr | +47.3% | -8.5% |
| PAT margin | 18.4% | +413 bps | -45 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 13.80
- P/B
- 2.53
- EV/EBITDA
- 7.39
- Market Cap
- 431.00Cr
Profitability
- ROE
- 16.90%
- ROCE
- 30.50%
- ROA
- 8.79%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 33.00%
- EPS 5Y
- 67.00%
- Revenue 3Y
- 66.00%
- EPS 3Y
- 102.00%
Balance Sheet
- Debt/Equity
- 0.46
- Interest Coverage
- 2.25×
- Altman Z
- 3.10
- Book Value
- 4.34
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 6/5
- OCF
- -29.00 Cr
- EPS TTM
- 0.79
Shareholding
- Promoter Hold
- 61.90%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 3%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 46.7-6.3% vs prev
Net Profit
₹ CrLatest: 8.6-8.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 37.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~11.0% over last month) — short-term momentum negative.
- RSI(14) at 37 — falling, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
17
RS percentile
Stage 4 Downtrend
1M return
-10.8%
3M return
-10.2%
6M return
-18.9%
1Y return
-40.8%
RS 1D
0
RS 20D
-6
Sector rank
#18
Industry rank
#71
Stage evidence
- Price is 12.8% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -2.2%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
lagging
Industry
lagging
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 62.66+0.30%
RS vs Nifty 50063
Valuation & peers
U-Score 70 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 70 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · UNDERVALUEDValuation16/30
Growth25/25
Quality18/20
Balance Sheet7/15
Cash Flow3/10
Piotroski
5/9 (+3)
Penalties
-2
Raw sum
70
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
70/100 · legacy band UNDERVALUED
Positive drivers
- Fair-value margin of safety is positive at 58.3%.
- Growth contributes 25/25 to the score.
- Quality contributes 18/20 to the score.
Main drags
- Penalty bucket subtracts 2 points.
- Cash flow is weaker at 3/10; verify the latest quarterly trend.
- Balance sheet is weaker at 7/15; verify the latest quarterly trend.
Sector valuation model
Real estate valuation: NAV, pre-sales, debt, and inventory quality
Real estate valuation depends more on project economics and balance sheet than simple PE.
Primary lens
NAV and market cap versus project pipeline and pre-sales.
Secondary checks
Inventory age, net debt, collections, execution record.
Main risk check
Book value can overstate value if inventory is slow or debt is high.
PE
13.8
PB
2.5
EV/EBITDA
7.4
ROE
16.9%
ROCE
30.5%
FCF Yield
—
Debt/Equity
0.5
MoS
+58.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
70
Previous: 70
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+58.3%
Previous: +58.3%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
70
70
70
70
70
70
70
70
70
70
70
70
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹8.78
-24.9% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹26.31
+58.3% MoS
PEG
0.17
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
RVHL
Small
Ravinder Heights Limited
Real Estate
match 162
89
4.8
16.2%
+85%
DEEP VALUE
MERCANTILE
Small
Mercantile Ventures Limited
Real Estate
match 160
23
39.0
2.0%
-937%
OVERVALUED
NATIONSTD
Small
National Standard (India) Limited
Real Estate
match 160
31
20.1
3.5%
-71%
OVERVALUED
UMIYA-MRO
Small
UMIYA BUILDCON LIMITED
Real Estate
match 157
14
41.7
-3.6%
-150%
OVERVALUED
LANDSMILL
Small
Landsmill Green Limited
Real Estate
match 157
18
73.8
0.6%
-329%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Nila Spaces Limited operates in the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
78Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 86th percentile of the scored universe and 95th percentile within Real Estate. Main check: cash conversion is weak at 52/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
8 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
86th percentile
overall median 67 · Real Estate: 95th pctile, median 61 · Small: 89th pctile, median 66
Evidence depth
Financial-only
8 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
52
watch · profit to cash conversion
Balance sheet
81
strong · leverage and solvency
Discipline
98
strong · capital discipline
Results
77
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 61.9%.
- ▸Promoter pledge is zero.
- ▸6 years of positive FCF.
- ▸ROCE is 31.3%.
Trust risks
- ▸Operating cash flow is negative at ₹-29 Cr.
- ▸OPM spread across recent quarters is 15.3%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Nila Spaces Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 7 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 24 Jun
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.