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Nimbus Projects Limited (NIMBSPROJ) Fair Value & Analysis

Real Estate · IN · Market cap ₹4.1B

NP Nimbus Projects Limited NIMBSPROJ · BSE
Price₹213.40
Fair Value₹96.63
Upside-54.7%
Quality32/100
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Evidence: Low Range ₹72.11 – ₹144.23

Fair value as of: Jul 5, 2026

From 1 valuation models · updated today

Share price −5.6% over the past month.

Price vs Fair Value (12 months)

₹301.00 ₹166.85 Fair Value ₹96.63 Jul 2025 Jul 2026

12‑month range ₹166.85 – ₹301.00 · fair‑value band ₹72.11 – ₹144.23 · the ₹213.40 price screens above the ₹96.63 fair value. As of Jul 5, 2026.

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Analysis

Nimbus Projects Limited (NIMBSPROJ) currently trades at ₹213.40, while our model-based Fair Value estimate is ₹96.63 — implying the stock looks roughly 54.7% overvalued today. We read business quality at 32/100 (below-average quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at ₹114M. It earns a return on equity of -44.7%. Net debt stands at ₹2.4B. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹72.11 (bear case) to ₹144.23 (bull case); at ₹213.40, the current price sits above that range. The share trades about 30% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -13% fair-value upside — at -55%, NIMBSPROJ screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹114M
Revenue growth (YoY) +304%
Return on equity -44.7%
Free cash flow −₹296M FY2026
Operating margin -953%
EPS (TTM) ₹-45.54
More key figures
EPS growth (YoY) -38.2%
Net debt ₹2.4B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Nimbus Projects Limited develops real estate properties for residential, commercial, and retail purposes in India. The company develops townships, group housing, office spaces, commercial-shopping malls, and hotel and resorts. It is also involved in the land identification and acquisition, project planning and management, designing, marketing, and execution activities; and provision of real estate consultancy, investment advisory, and construction services. The company was formerly known as NCJ International Limited and changed its name to Nimbus Projects Limited in December 2010. Nimbus Projects Limited was incorporated in 1993 and is based in New Delhi, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Nimbus Projects Limited reported revenue of ₹2.3B in FY2026 versus ₹38.6M in FY2022, a compound +177.4%/yr. Reported net income was −₹682M in FY2026.

Revenue +177.4%/yr
FY22 ₹38.6M
FY23 ₹22.7M
FY24 ₹71.8M
FY25 ₹1.8B
FY26 ₹2.3B
Net income
FY22 ₹142M
FY23 ₹221M
FY24 ₹666M
FY25 ₹629M
FY26 −₹682M

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Cite: Fair Value Calculator (2026). "Nimbus Projects Limited Fair Value". https://www.fairvalue-calculator.com/stock/NIMBSPROJ

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 5, 2026).

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DLF Limited DLF ₹627.60 ₹215.17 -66%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,650 IDR 1,330 IDR -80%
Lodha Developers Limited LODHA ₹926.65 ₹774.29 -16%
Oberoi Realty Limited OBEROIRLTY ₹1,633 ₹1,368 -16%
Godrej Properties Limited GODREJPROP ₹1,799 ₹1,034 -43%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 2,000 IDR +85%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,363 IDR +129%
Khang Dien House Trading and Investment Joint Stock Company KDH 23,650 VND 20,496 VND -13%
PT Ciputra Development Tbk, CTRA 575.00 IDR 1,438 IDR +150%

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Frequently asked questions

Is Nimbus Projects Limited (NIMBSPROJ) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹96.63 versus a price of ₹213.40 — about −55% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NIMBSPROJ?
Our model-based fair value for Nimbus Projects Limited is ₹96.63 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹213.40.
What is the quality score of NIMBSPROJ?
Nimbus Projects Limited has a Quality Score of 32/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Nimbus Projects Limited (NIMBSPROJ)?
Nimbus Projects Limited reported trailing-twelve-month revenue of about ₹114M (latest available figure, as of Jul 5, 2026).
What is the net profit margin of NIMBSPROJ?
The net profit margin of Nimbus Projects Limited is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.