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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Nila Spaces Ltd

About the Company - Nila Spaces Ltd

Nila Spaces Ltd. is a Public Limited Listed company incorporated on 03/05/2000 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L45100GJ2000PLC083204 and registration number is 083204. Currently Company is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs. 5.33 Cr. and Equity Capital is Rs. 39.39 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Construction & Contracting1st Floor, Sambhaav House, Ahmedabad Gujarat 380015secretarial@nilaspaces.com
http://www.nilaspaces.com
Management
NamePosition Held
Mr. Jasvinder S RanaChairman
Mr. Anand B PatelManaging Director
Mr. Prashant H SarkhediDirector - Finance & CFO
Mr. Deep S VadodariaDirector
Ms. Rajal B MehtaDirector
Mr. Shrinjay S JoshiDirector

Nila Spaces Ltd. Share Price Update

Share PriceValue
Today₹5.17
Previous Day₹4.93

Basic Stock Data of Nila Spaces Ltd

Market Cap 208 Cr.
Current Price 5.27
High / Low5.77/2.40
Stock P/E24.5
Book Value 2.89
Dividend Yield0.00 %
ROCE4.98 %
ROE3.65 %
Face Value 1.00

Data Source: screener.in

Competitors of Nila Spaces Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ahluwalia Contracts (India) Ltd 8,000 Cr. 1,1941,209/44832.3 1990.03 %24.7 %17.0 % 2.00
Vipul Ltd 321 Cr. 26.826.8/10.013.3 6.850.00 %3.82 %17.1 % 1.00
A B Infrabuild Ltd 243 Cr. 55.059.8/15.240.5 17.50.00 %20.2 %19.0 % 10.0
Mangalam Cement Ltd 2,045 Cr. 744784/23435.2 2830.20 %7.79 %3.37 % 10.0
Salasar Exteriors & Contour Ltd 250 Cr. 24.336.8/18.6 1.150.00 %3.18 %7.01 % 1.00
Industry Average2,171.80 Cr408.8224.26101.500.05%11.94%12.70%4.80

Nila Spaces Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales16.0912.3511.741.392.050.881.001.010.000.000.000.000.00
Expenses12.5311.9115.191.563.381.451.881.221.032.554.131.031.14
Operating Profit3.560.44-3.45-0.17-1.33-0.57-0.88-0.21-1.03-2.55-4.13-1.03-1.14
OPM %22.13%3.56%-29.39%-12.23%-64.88%-64.77%-88.00%-20.79%
Other Income0.741.040.881.041.230.691.050.610.840.630.330.720.98
Interest1.591.290.560.220.000.000.040.000.000.000.000.01-0.01
Depreciation0.040.040.040.040.040.040.040.030.030.030.030.030.03
Profit before tax2.670.15-3.170.61-0.140.080.090.37-0.22-1.95-3.83-0.35-0.18
Tax %110.86%6.67%-1.58%8.20%-85.71%0.00%655.56%37.84%36.36%28.72%27.68%28.57%22.22%
Net Profit-0.290.14-3.220.56-0.260.07-0.500.23-0.14-1.39-2.77-0.25-0.14
EPS in Rs-0.010.00-0.080.01-0.010.00-0.010.01-0.00-0.04-0.07-0.01-0.00

Nila Spaces Ltd Quarterly Chart

Nila Spaces Ltd Profit & Loss

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales28.5619.789.4887.6545.125.331.010.00
Expenses18.7020.158.4985.2143.248.409.248.85
Operating Profit9.86-0.370.992.441.88-3.07-8.23-8.85
OPM %34.52%-1.87%10.44%2.78%4.17%-57.60%-814.85%
Other Income10.469.007.673.333.344.142.732.66
Interest8.856.385.416.234.270.270.000.00
Depreciation0.000.000.150.230.160.150.110.12
Profit before tax11.472.253.10-0.690.790.65-5.61-6.31
Tax %36.44%37.78%6.45%398.55%401.27%118.46%27.63%
Net Profit7.291.402.892.06-2.38-0.12-4.06-4.55
EPS in Rs0.070.05-0.06-0.00-0.10-0.12
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Nila Spaces Ltd Profit & Loss Yearly Chart

Nila Spaces Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:-45%
3 Years:-77%
TTM:2806%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:571%
Stock Price CAGR
10 Years:%
5 Years:11%
3 Years:37%
1 Year:52%
Return on Equity
10 Years:%
5 Years:0%
3 Years:-2%
Last Year:-4%

Nila Spaces Ltd Balance Sheet

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital0.0839.3939.3939.3939.3939.3939.3939.39
Reserves143.3976.4079.2781.3078.9578.8474.7974.41
Borrowings67.1357.4276.6322.639.600.000.000.00
Other Liabilities4.4216.1317.083.0220.655.6767.34136.64
Total Liabilities215.02189.34212.37146.34148.59123.90181.52250.44
Fixed Assets0.000.0013.097.758.476.926.857.11
CWIP0.000.000.000.000.000.000.007.68
Investments24.5026.0729.0022.1522.076.619.6323.84
Other Assets190.52163.27170.28116.44118.05110.37165.04211.81
Total Assets215.02189.34212.37146.34148.59123.90181.52250.44

Nila Spaces Ltd Reserves and Borrowings Chart

Nila Spaces Ltd Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 0.0017.20-3.2833.9224.68-21.8413.18
Cash from Investing Activity 0.007.44-7.7124.69-8.0632.13-2.27
Cash from Financing Activity 0.00-24.6413.62-60.14-17.36-9.930.00
Net Cash Flow0.000.012.62-1.54-0.740.3710.90

Nila Spaces Ltd Financial Efficiency Indicators

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days30.037.2012.712.372.6743.1418.07
Inventory Days
Days Payable
Cash Conversion Cycle30.037.2012.712.372.6743.1418.07
Working Capital Days2,362.152,669.965,792.26454.87784.857,329.4531,090.05
ROCE %4.51%4.62%2.63%3.73%0.51%-4.98%

Nila Spaces Ltd Financial Efficiency Indicators Chart

Nila Spaces Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%61.90%
FIIs5.69%5.67%5.67%5.67%5.67%5.67%5.67%3.71%2.79%2.79%2.79%2.51%
Public32.41%32.43%32.43%32.43%32.43%32.43%32.43%34.38%35.30%35.32%35.31%35.59%
No. of Shareholders33,72134,04438,63638,75642,36950,13853,73353,63551,73751,77252,70056,366

Nila Spaces Ltd Shareholding Pattern Chart

No. of Nila Spaces Ltd Shareholders

This stock is not held by any mutual fund

Nila Spaces Ltd ROCE Trend

Nila Spaces Ltd EPS Trend

Nila Spaces Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-0.100.00-0.060.050.07
Diluted EPS (Rs.)-0.100.00-0.060.050.07
Cash EPS (Rs.)-0.090.00-0.050.060.07
Book Value[Excl.RevalReserv]/Share (Rs.)2.903.003.003.063.01
Book Value[Incl.RevalReserv]/Share (Rs.)2.903.003.003.063.01
Revenue From Operations / Share (Rs.)0.020.131.152.230.24
PBDIT / Share (Rs.)-0.130.020.130.150.21
PBIT / Share (Rs.)-0.140.020.130.140.20
PBT / Share (Rs.)-0.140.010.02-0.010.07
Net Profit / Share (Rs.)-0.100.00-0.050.050.06
NP After MI And SOA / Share (Rs.)-0.100.00-0.060.050.07
PBDIT Margin (%)-539.1220.7511.716.8188.47
PBIT Margin (%)-550.2117.8711.366.5486.87
PBT Margin (%)-550.6512.891.90-0.5629.75
Net Profit Margin (%)-396.92-1.55-5.112.5727.59
NP After MI And SOA Margin (%)-401.88-2.27-5.272.3430.48
Return on Networth / Equity (%)-3.55-0.10-2.011.702.43
Return on Capital Employeed (%)-4.670.784.003.994.20
Return On Assets (%)-2.23-0.09-1.601.401.36
Long Term Debt / Equity (X)0.000.000.080.180.64
Total Debt / Equity (X)0.000.000.080.180.64
Asset Turnover Ratio (%)0.010.030.290.480.04
Current Ratio (X)2.6150.425.7740.0310.66
Quick Ratio (X)1.0318.502.7414.462.83
Inventory Turnover Ratio (X)0.010.070.540.820.04
Interest Coverage Ratio (X)-1238.524.171.240.951.55
Interest Coverage Ratio (Post Tax) (X)-910.840.680.451.361.48
Enterprise Value (Cr.)100.64158.8164.4041.63171.51
EV / Net Operating Revenue (X)99.5629.811.430.4718.09
EV / EBITDA (X)-18.47143.6412.186.9720.45
MarketCap / Net Operating Revenue (X)111.0629.951.220.2210.31
Price / BV (X)0.981.350.460.160.82
Price / Net Operating Revenue (X)111.3329.961.220.2210.31
EarningsYield-0.030.00-0.040.100.02

Nila Spaces Ltd Profitability Ratios (%)

Nila Spaces Ltd Liquidity Ratios

Nila Spaces Ltd Liquidity Ratios (%)

Nila Spaces Ltd Interest Coverage Ratios (%)

Nila Spaces Ltd Valuation Ratios

Fair Value of Nila Spaces Ltd Stock

Fair Value: ₹2.64

The stock is overvalued by 49.98% compared to the current price ₹5.27

*Investments are subject to market risks

Strength and Weakness of Nila Spaces Ltd Stock

StrengthWeakness
  1. The company has higher reserves (85.92 cr) compared to borrowings (29.18 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (24.62 cr) and profit (0.71 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 0.07 and average Dividend Yield of -85.51%.
  2. The stock has a low average ROCE of 1.57%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 183.82, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 16.60, which may not be favorable.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Nila Spaces Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE