Nimbus Projects
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Nimbus Projects’ board decided to renew an unsecured loan and credit facility of up to ₹60 crore from Nimbus (India) Limited, an associate and related party, subject to shareholder approval. The business loan was to be drawn in tranches at 12% a year for a further two years, with the agreement to be executed after approval at the company’s 33rd annual general meeting. A ₹40 crore ICICI term loan was announced in July, following a ₹250 crore secured facility from Piramal Finance in May. At the end of FY26, Nimbus Projects had borrowings of about ₹270 crore against cash of ₹32.5 crore, while operating cash flow was negative ₹23.3 crore.
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Nimbus Projects’ board decided to renew an unsecured loan and credit facility of up to ₹60 crore from Nimbus (India) Limited, an associate and related party, subject to shareholder approval. The business loan was to be drawn in tranches at 12% a year for a further two years, with the agreement to be executed after approval at the company’s 33rd annual general meeting. A ₹40 crore ICICI term loan was announced in July, following a ₹250 crore secured facility from Piramal Finance in May. At the end of FY26, Nimbus Projects had borrowings of about ₹270 crore against cash of ₹32.5 crore, while operating cash flow was negative ₹23.3 crore.
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Nimbus Projects Ltd. finalised terms to act as a guarantor for a ₹23 crore term loan being taken by its partnership firm, IITL-Nimbus, The Express Park View, from ICICI Bank. The board approved the arrangement at a meeting on July 27, 2026. The loan carries an interest rate of 10.10% and a tenure of 36 months, with the facility secured by a first pari passu charge on land in Greater Noida, unsold units, future receivables, and escrow accounts of the project. Nimbus Projects' guarantee extends to all monies payable under the facility.
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Nimbus Projects Ltd. finalised terms to act as a guarantor for a ₹23 crore term loan being taken by its partnership firm, IITL-Nimbus, The Express Park View, from ICICI Bank. The board approved the arrangement at a meeting on July 27, 2026. The loan carries an interest rate of 10.10% and a tenure of 36 months, with the facility secured by a first pari passu charge on land in Greater Noida, unsold units, future receivables, and escrow accounts of the project. Nimbus Projects' guarantee extends to all monies payable under the facility.
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Nimbus Projects Ltd. has obtained a ₹40 crore term loan from ICICI Bank, the real estate developer informed stock exchanges on Monday. The board approved the facility at a meeting held the same day, with the loan carrying an interest rate of 10.10% per annum and a tenure of 36 months. Proceeds will be used partly to repay borrowings from other lenders that were taken for ongoing projects, with the remaining amount directed toward project costs. The loan is secured by a first pari passu charge on a land parcel in Greater Noida, unsold inventory, future receivables, and escrow accounts. The company's partnership firm, IITL-Nimbus, The Express Park View, will act as guarantor.
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Nimbus Projects Ltd. has obtained a ₹40 crore term loan from ICICI Bank, the real estate developer informed stock exchanges on Monday. The board approved the facility at a meeting held the same day, with the loan carrying an interest rate of 10.10% per annum and a tenure of 36 months. Proceeds will be used partly to repay borrowings from other lenders that were taken for ongoing projects, with the remaining amount directed toward project costs. The loan is secured by a first pari passu charge on a land parcel in Greater Noida, unsold inventory, future receivables, and escrow accounts. The company's partnership firm, IITL-Nimbus, The Express Park View, will act as guarantor.
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July 8 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS - Q1 FY27 PRE-SALES BOOKING VALUE AT 1.57 BILLION RUPEES
NIMBUS PROJECTS - EVALUATING INTEGRATED TOWNSHIP AND MIXED-USE PROJECTS IN TIER II AND III CITIES
Source text: ID:nBSE2k8SwM
Further company coverage: NIMU.BO
(([email protected];))
July 8 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS - Q1 FY27 PRE-SALES BOOKING VALUE AT 1.57 BILLION RUPEES
NIMBUS PROJECTS - EVALUATING INTEGRATED TOWNSHIP AND MIXED-USE PROJECTS IN TIER II AND III CITIES
Source text: ID:nBSE2k8SwM
Further company coverage: NIMU.BO
(([email protected];))
April 9 (Reuters) - Nimbus Projects Ltd NIMU.BO:
Q4 PRESALES AT 2.81 BILLION RUPEES
Q4 CUSTOMER COLLECTION AT 1.01 BILLION RUPEES
Source text: ID:nnAZN4SPY0Y
Further company coverage: NIMU.BO
(([email protected];))
April 9 (Reuters) - Nimbus Projects Ltd NIMU.BO:
Q4 PRESALES AT 2.81 BILLION RUPEES
Q4 CUSTOMER COLLECTION AT 1.01 BILLION RUPEES
Source text: ID:nnAZN4SPY0Y
Further company coverage: NIMU.BO
(([email protected];))
Feb 10 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - NITESH KUMAR GUPTA APPOINTED AS CFO EFFECTIVE FEBRUARY 10, 2026
Source text: ID:nBSE51VHMs
Further company coverage: NIMU.BO
(([email protected];;))
Feb 10 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - NITESH KUMAR GUPTA APPOINTED AS CFO EFFECTIVE FEBRUARY 10, 2026
Source text: ID:nBSE51VHMs
Further company coverage: NIMU.BO
(([email protected];;))
Feb 5 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - Q3 PRESALES BOOKING VALUE INCREASES 43% Y/Y TO 1.48 BILLION RUPEES
NIMBUS PROJECTS LTD - Q3 CUSTOMER COLLECTION INCREASES 254% Y/Y TO 758.7 MILLION RUPEES
Source text: ID:nBSE9CnSjL
Further company coverage: NIMU.BO
(([email protected];;))
Feb 5 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - Q3 PRESALES BOOKING VALUE INCREASES 43% Y/Y TO 1.48 BILLION RUPEES
NIMBUS PROJECTS LTD - Q3 CUSTOMER COLLECTION INCREASES 254% Y/Y TO 758.7 MILLION RUPEES
Source text: ID:nBSE9CnSjL
Further company coverage: NIMU.BO
(([email protected];;))
Jan 15 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - CFO JITENDRA KUMAR RESIGNS EFFECTIVE JANUARY 15, 2026
Source text: ID:nBSE3DFb7t
Further company coverage: NIMU.BO
(([email protected];))
Jan 15 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - CFO JITENDRA KUMAR RESIGNS EFFECTIVE JANUARY 15, 2026
Source text: ID:nBSE3DFb7t
Further company coverage: NIMU.BO
(([email protected];))
Dec 29 (Reuters) - Nimbus Projects Ltd NIMU.BO:
APPROVES AVAILING SECURED LOAN OF 74.5 MILLION RUPEES
Source text: ID:nBSE7GQ5nr
Further company coverage: NIMU.BO
(([email protected];))
Dec 29 (Reuters) - Nimbus Projects Ltd NIMU.BO:
APPROVES AVAILING SECURED LOAN OF 74.5 MILLION RUPEES
Source text: ID:nBSE7GQ5nr
Further company coverage: NIMU.BO
(([email protected];))
Oct 7 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS - DEVELOPING HOUSING PROJECT WITH NIMBUS PROPMART
NIMBUS PROJECTS - ESTIMATED COST OF PROJECT 6.6 BILLION RUPEES, SALES REVENUE 8.5 BILLION RUPEES
Further company coverage: NIMU.BO
(([email protected];))
Oct 7 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS - DEVELOPING HOUSING PROJECT WITH NIMBUS PROPMART
NIMBUS PROJECTS - ESTIMATED COST OF PROJECT 6.6 BILLION RUPEES, SALES REVENUE 8.5 BILLION RUPEES
Further company coverage: NIMU.BO
(([email protected];))
Aug 12 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS- TO DISINVEST STAKE IN PARTNERSHIP FIRM INDOGREEN INTERNATIONAL OF 450.3 MILLION RUPEES
Source text for Eikon: ID:nBSE4t0J8V
Further company coverage: NIMU.BO
(([email protected];))
Aug 12 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS- TO DISINVEST STAKE IN PARTNERSHIP FIRM INDOGREEN INTERNATIONAL OF 450.3 MILLION RUPEES
Source text for Eikon: ID:nBSE4t0J8V
Further company coverage: NIMU.BO
(([email protected];))
Oct 6 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - HAS APPROVED EXECUTION OF TRIPARTITE AGREEMENT FOR ACQUISITION OF STAKE OF IITL-NIMBUS EXPRESS PARK VIEW
Source text for Eikon: ID:nBSE6rPDbR
Further company coverage: NIMU.BO
(([email protected];;))
Oct 6 (Reuters) - Nimbus Projects Ltd NIMU.BO:
NIMBUS PROJECTS LTD - HAS APPROVED EXECUTION OF TRIPARTITE AGREEMENT FOR ACQUISITION OF STAKE OF IITL-NIMBUS EXPRESS PARK VIEW
Source text for Eikon: ID:nBSE6rPDbR
Further company coverage: NIMU.BO
(([email protected];;))
Aug 29 (Reuters) - Nimbus Projects Ltd NIMU.BO:
GOT IN-PRINCIPLE APPROVAL OF IITL PROJECTS TO SELL ITS CAPITAL INVESTMENT HELD IN SPVS IITL-NIMBUS EXPRESS PARK VIEW
SALE CONSIDERATION OF 30.2 MILLION RUPEES
Source text for Eikon: ID:nBSEbMRljK
Further company coverage: NIMU.BO
(([email protected];;))
Aug 29 (Reuters) - Nimbus Projects Ltd NIMU.BO:
GOT IN-PRINCIPLE APPROVAL OF IITL PROJECTS TO SELL ITS CAPITAL INVESTMENT HELD IN SPVS IITL-NIMBUS EXPRESS PARK VIEW
SALE CONSIDERATION OF 30.2 MILLION RUPEES
Source text for Eikon: ID:nBSEbMRljK
Further company coverage: NIMU.BO
(([email protected];;))
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What does Nimbus Projects do?
NIMBUS PROJECTS LIMITED, formerly known as NCJ Financial Services Private Limited, transitioned from a Private to a Public company in 1994. Its primary objective is in the real estate and construction sector.
Who are the competitors of Nimbus Projects?
Nimbus Projects major competitors are Dev Accelerator, Atal Realtech, SAB Industries, Deepak Builders&Eng., RDB Infra. & Power, Mason Infratech, RPP Infra Projects. Market Cap of Nimbus Projects is ₹297 Crs. While the median market cap of its peers are ₹297 Crs.
Is Nimbus Projects financially stable compared to its competitors?
Nimbus Projects seems to be less financially stable compared to its competitors. Altman Z score of Nimbus Projects is 0.67 and is ranked 8 out of its 8 competitors.
Does Nimbus Projects pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Nimbus Projects latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Nimbus Projects allocated its funds?
Companies resources are allocated to majorly unproductive assets like Inventory
How strong is Nimbus Projects balance sheet?
Nimbus Projects balance sheet is weak and might have solvency issues
Is the profitablity of Nimbus Projects improving?
The profit is oscillating. The profit of Nimbus Projects is -₹46.09 Crs for TTM, ₹62.93 Crs for Mar 2025 and ₹0.01 Crs for Mar 2024.
Is the debt of Nimbus Projects increasing or decreasing?
Yes, The net debt of Nimbus Projects is increasing. Latest net debt of Nimbus Projects is ₹237 Crs as of Mar-26. This is greater than Mar-25 when it was ₹161 Crs.
Is Nimbus Projects stock expensive?
Nimbus Projects is not expensive. Latest PE of Nimbus Projects is 0, while 3 year average PE is 7.26. Also latest EV/EBITDA of Nimbus Projects is 0.0 while 3yr average is 3.81.
Has the share price of Nimbus Projects grown faster than its competition?
Nimbus Projects has given better returns compared to its competitors. Nimbus Projects has grown at ~-30.26% over the last 1yrs while peers have grown at a median rate of -46.0%
Is the promoter bullish about Nimbus Projects?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Nimbus Projects is 70.5% and last quarter promoter holding is 70.5%.
Are mutual funds buying/selling Nimbus Projects?
There is Insufficient data to gauge this.