Synopsis:
Nimbus Projects Limited surged by approximately 5 percent today after it secured approval from Uttar Pradesh Real Estate Regulatory Authority (UP RERA) to act as its Co-Promoter for its Project titled Sunworld Arista.
The shares of this Real Estate major is in focus after the company has secured approval from Uttar Pradesh Real Estate Regulatory Authority (UP RERA) to act as its Co-Promoter for its Project titled Sunworld Arista. In this article, we will discuss more about it in detail.
With a market capitalization of Rs 217 crore, the shares of Nimbus Projects Ltd are currently trading at Rs 200 per share, down by 28.6 percent from its 52-week high of Rs 280 per share. Over the past five years, the stock has delivered a robust return of 669 percent.
Nimbus Projects Limited announced that it has received the green light from UP-RERA to act as Co-Promoter for Sunworld Arista (Phase-II) in Noida. This enables Nimbus to co-promote towers T-5, T-7, T-8, and T-9 of the Sunworld Arista (Phase-II) project, situated in Sector 168, Noida, in partnership with Sunworld Residency Private Limited. The project is officially registered with UP-RERA under the registration number UPRERAPRJ11625.
This is a big milestone for Nimbus Projects as they broadened their presence in the NCR real estate market. They received the official approval letter on July 22, 2025, and have confirmed that there are no withdrawals, suspensions, or penalties tied to the license.
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Financial Highlights
The company reported revenue of Rs 178 crore in FY25, a 2,384 percent increase from its FY24 revenue of Rs 7 crore. Additionally, it reported a net profit decrease of 31.62 percent to Rs 63.67 crore in FY25 from Rs 93.12 crore in FY24.
The stock has delivered an ROE and ROCE of 48.34 percent and 31.80 percent respectively, and is currently trading at a P/E of 3.43x as compared to its industry average of 40.49x.
Nimbus Projects Limited is a real estate development firm based in India, focusing on creating a variety of properties, including residential, commercial, and retail spaces.
Their impressive portfolio features everything from townships and group housing to office buildings, shopping malls, hotels, and resorts. Beyond just construction, the company also provides a range of services such as land acquisition, project planning, design, marketing, and construction management. Additionally, they offer real estate consultancy and investment advisory services to help clients navigate the market.
Written by Satyajeet Mukherjee
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