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Nimbus Projects Limited (NIMBSPROJ)

₹190.80 +4.40% last close, 16 Oct

📊 NSE: NIMBSPROJ 🏢 Residential, Commercial Projects 📢 Latest filing: 10 Oct 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Nimbus Projects' revenue was ₹218 Cr, and net profit ₹-31.0 Cr (a smaller loss than a year earlier); the operating margin was -11.0%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹218	—	—
Operating profit	₹-24.0	loss narrowed	loss widened
Net profit	₹-31.0	loss narrowed	loss narrowed
EPS (₹)	-8.24	loss narrowed	loss narrowed
Operating margin	-11.0%	—	—

Full quarterly financials → Results calendar →

NIMBSPROJ delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 94.04% of the NIMBSPROJ shares traded on NSE were taken to delivery, against the stock's own 20-session average of 40.78%. That is higher than usual for this stock. Turnover was only ₹1 lakh, so a handful of trades can move this figure. Volume was under a tenth of its average. It closed at a price band (circuit) on 7 sessions in about the last 20.

94.04%Delivery, 16 Oct

40.78%Own 20-session average

<0.1×Volume vs its average

₹190.80NSE close · +4.40%

Delivery in the last 5 sessions: 94.2% · 32.5% · 48.7% · 72.3% · 94.0%

Delivery across the market →Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Nimbus Projects Converts Partnership into 95% Owned Subsidiary with ₹220.29 Cr FY26 Turnover

🟢 POSITIVE ⭐ 7/10

M&A 📅 10 Oct 2026, 10:01 PM

Nimbus Projects Limited has converted its existing partnership firm, IITL-Nimbus The Express Park View, into a corporate subsidiary named IITL Nimbus The Express Park View Private Limited on October 10, 2026. The company holds a 95% stake (10,23,750 equity shares) via conversion of its capital contribution of ₹1,02,37,500, while MD & Promoter Bipin Agarwal holds the remaining 5%. The converted entity generated a turnover of ₹220.29 Cr in FY26, comparable to Nimbus Projects' standalone TTM revenue of ₹228 Cr.

Nimbus Projects holds 95% shareholding (10,23,750 equity shares) in the new subsidiary.
Cost of acquisition / capital conversion stands at ₹1,02,37,500.
Target partnership firm posted turnovers of ₹220.29 Cr (FY26), ₹172.69 Cr (FY25), and ₹15.05 Cr (FY24).
Promoter and MD Bipin Agarwal holds the remaining 5% (53,882 equity shares) in the entity.

💡 Track the upcoming quarterly earnings to see how the financial consolidation of the newly incorporated subsidiary impacts consolidated top-line and operating margins.

Nimbus Projects Converts Partnership into 66.66% Subsidiary with ₹25 Lakh Capital

🟡 NEUTRAL ⭐ 4/10

M&A 📅 09 Oct 2026, 05:21 PM

Nimbus Projects Limited has converted its partnership firm, IITL Nimbus The Hyde Park, into a private limited subsidiary named IITL Nimbus The Hyde Park Private Limited. The company holds a 66.66% stake (2,50,000 equity shares) for a capital contribution conversion of ₹25 lakh, while promoter Bipin Agarwal holds the remaining 33.37%. The converted entity recorded turnovers of ₹1.60 crore in FY26, ₹0.07 crore in FY25, and ₹3.86 crore in FY23-24, representing less than 1% of Nimbus's TTM revenue of ₹228 crore.

Converted partnership firm into a subsidiary with ₹25,00,000 paid-up share capital
Nimbus Projects holds 66.66% (2,50,000 shares) and Managing Director Bipin Agarwal holds 33.37% (1,25,000 shares)
Target entity generated a turnover of ₹1.60 crore in FY26, ₹0.07 crore in FY25, and ₹3.86 crore in FY24
Authorized share capital of the new entity is ₹50,00,000

💡 Track subsequent quarterly filings to see whether the subsidiary's project execution and financials are consolidated smoothly into Nimbus Projects' accounts.

Nimbus Projects to Invest ₹15 Cr in Hari Nagar Commercial Real Estate Project

🟡 NEUTRAL ⭐ 5/10

EXPANSION 📅 07 Oct 2026, 05:13 PM

Nimbus Projects Limited has entered into a Strategic Investment Agreement with Sankalp Agencies Private Limited (SAPL) to invest ₹15.00 crore in tranches. The investment funds a commercial real estate project on 6,252.60 sq. m. (67,303 sq. ft.) of freehold land in Hari Nagar, New Delhi, acquired by SAPL via DDA e-auction. Nimbus Projects does not acquire equity in SAPL but will receive its principal back along with a return tied to overall project profitability until the Completion Certificate is issued. The ₹15 crore commitment represents approximately 6.6% of Nimbus Projects' TTM revenue of ₹228 crore and 7.0% of its net worth.

Strategic investment of ₹15.00 crore payable in one or more tranches
Commercial project land area admeasures 6,252.60 sq. m. (67,303 sq. ft.) in Hari Nagar, New Delhi
Investment agreement signed on October 07, 2026, with Sankalp Agencies Private Limited
Tenure extends until the issuance of the Completion Certificate, subject to early exit terms

💡 Track the deployment timeline of the ₹15 crore capital and monitor regulatory/construction approvals achieved by SAPL for the Hari Nagar project.

Nimbus Projects to Invest ₹15 Cr in Hari Nagar Commercial Real Estate Project

🟡 NEUTRAL ⭐ 5/10

EXPANSION 📅 07 Oct 2026, 05:03 PM

Strategic investment of ₹15.00 crore payable in one or more tranches
Commercial project land area admeasures 6,252.60 sq. m. (67,303 sq. ft.) in Hari Nagar, New Delhi
Investment agreement signed on October 07, 2026, with Sankalp Agencies Private Limited
Tenure extends until the issuance of the Completion Certificate, subject to early exit terms

💡 Track the deployment timeline of the ₹15 crore capital and monitor regulatory/construction approvals achieved by SAPL for the Hari Nagar project.

Nimbus Projects Appoints Ex-IAS Anand Kumar as Non-Executive Director at 33rd AGM

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 30 Sep 2026, 04:35 PM

Shareholders of Nimbus Projects Limited approved the appointment of Mr. Anand Kumar (DIN: 03194060) as a Non-Executive, Non-Independent Director at the 33rd AGM held on September 29, 2026. Mr. Kumar, 65, is a retired 1984-batch IAS officer who previously served as Chairman of the Real Estate Regulatory Authorities (RERA) of Delhi and Chandigarh. The appointment comes as the company manages a turnaround after reporting FY26 revenue of Rs 228 Cr and a net loss of Rs 88 Cr with Rs 211 Cr in debt.

Shareholders approved the appointment at the 33rd AGM held on September 29, 2026
Mr. Anand Kumar is a 65-year-old former 1984-batch IAS officer with experience as RERA Chairman for Delhi and Chandigarh
Appointed as a Non-Executive, Non-Independent Director liable to retire by rotation
Company confirmed the appointee is not related to any Director or Key Managerial Personnel

💡 Monitor upcoming quarterly financial filings to evaluate if board additions translate into improved corporate governance and execution given the company's FY26 net loss of Rs 88 Cr.

Nimbus Projects Approves All 9 AGM Resolutions, Including Related Party Transactions

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 30 Sep 2026, 04:13 PM

Nimbus Projects Limited declared the voting results of its 33rd Annual General Meeting held on September 29, 2026. All 9 resolutions, including ordinary business and special resolutions for material related party transactions, were passed with requisite majority. Out of 19,318,735 total shares, 14,990,705 votes were polled (77.60% turnout) for ordinary resolutions, receiving 99.999% approval. For related party resolutions where promoters abstained, 1,379,528 public non-institution votes were cast, with 99.99% voting in favour.

All 9 resolutions passed with over 99.99% approval of votes polled
Overall voter turnout was 77.60% (14,990,705 votes polled on 19,318,735 outstanding shares) for ordinary business
Special resolutions approved material related party transactions with Indogreen International, promoters, promoter group companies, and associates
M/s Doogar & Associates appointed as Statutory Auditors of the company
109 total shareholders attended the meeting via Video Conferencing (14 promoter, 95 public)

💡 Track the upcoming quarterly financial results and disclosures on actual execution/values of approved material related party transactions.

Nimbus Projects AGM Update: 25-Acre Vrindavan Township JDA Signed; FY26 Revenue at ₹228.76 Cr

🟡 NEUTRAL ⭐ 5/10

EXPANSION 📅 29 Sep 2026, 04:15 PM

At its 33rd AGM, Nimbus Projects reported FY26 consolidated revenue from operations of ₹228.76 Cr (up from ₹178.30 Cr in FY25) alongside a consolidated net loss of ₹87.99 Cr compared to a ₹64.12 Cr profit in the prior year. The company announced a Joint Development Agreement (JDA) for a residential plotted township spanning approximately 25 acres in Vrindavan, marking an expansion into Tier-2 markets with land acquisition already completed. Ongoing projects include Nimbus The Palm Village (978 units sold for ₹792.49 Cr; target delivery March 2028) and Nimbus Sunworld Arista (16 units sold for ₹99.79 Cr; target delivery December 2029).

Entered into a JDA for a ~25-acre residential plotted township in Vrindavan with land acquisition completed
Consolidated FY26 revenue rose to ₹22,875.62 Lakh (₹228.76 Cr) vs ₹17,829.71 Lakh in FY25, while net loss widened to ₹8,798.85 Lakh (₹87.99 Cr)
Nimbus The Palm Village achieved ₹79,249 Lakh (₹792.49 Cr) in sales across 978 units out of 1,172 residential units, targeting completion by March 2028
Nimbus Sunworld Arista logged sales of ₹9,979.21 Lakh (₹99.79 Cr) across 16 units, with targeted possession by December 2029
Successfully delivered 4 projects historically totaling approximately 65.31 lakh sq. ft. of saleable area

💡 Monitor upcoming quarterly disclosures for launch timelines, regulatory approvals, and revenue recognition schedules for the new 25-acre Vrindavan township project.

Nimbus Projects Issues KYC and PAN Updation Notice to Physical Mode Shareholders

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 09 Sep 2026, 01:49 PM

Nimbus Projects Limited has dispatched communications to shareholders holding shares in physical form to update their PAN, KYC details, and nomination records in compliance with SEBI circulars. Physical folios lacking updated KYC details will not be eligible for service requests or dividend payouts, which are disbursed purely via electronic mode since April 1, 2024. The filing also reminds investors that transfer of physical shares is prohibited unless they are dematerialized. This is a standard regulatory compliance requirement with no financial impact on the company.

SEBI Master Circular reference SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024, followed for compliance
Electronic payment rule for dividends effective since April 1, 2024, for non-compliant physical folios
Requirement to submit Form ISR-1, ISR-2, and SH-13/ISR-3 for KYC, signature, and nomination updates
Shareholders urged to dematerialize physical shares to enable future transfers

💡 Physical shareholders must submit the prescribed forms (ISR-1, ISR-2, SH-13) to RTA Alankit Assignments to avoid disruption in corporate benefits and service requests.

BSE Approves Reclassification of 4 Promoter Group Members Holding 0.05% Stake

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 07 Sep 2026, 01:13 PM

Nimbus Projects Limited has received the formal approval letter dated September 04, 2026, from BSE Limited for the reclassification of four promoter group members to the public category. The four individuals—Nem Chand Jain, Sunil Jain, Anil Jain, and Raj Kumar Agarwal—collectively hold 8,800 equity shares, representing approximately 0.05% of the company's paid-up share capital. This filing serves as an update to their previous intimation with the full BSE approval document attached.

BSE approval letter dated September 04, 2026, received for reclassification under Regulation 31A
4 promoter group members reclassified to public category
Combined shareholding of reclassified entities stands at 8,800 shares (~0.05% of paid-up capital)
Largest individual holding among reclassified members is 5,200 shares (0.03%) held by Nem Chand Jain

💡 This is a routine administrative compliance update with negligible impact on control or operations; investors should continue tracking quarterly financial turnaround and cash flows.

BSE & NSE Approve Reclassification of 4 Promoter Group Entities Holding 8,800 Shares to Public

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 05 Sep 2026, 05:53 PM

Nimbus Projects Limited has received approval from BSE and NSE on September 04, 2026, to reclassify four promoter group members to the public category under Regulation 31A of SEBI LODR. The reclassified individuals include Nem Chand Jain (5,200 shares / 0.03%), Sunil Jain (1,000 shares / 0.01%), Anil Jain (800 shares / 0.00%), and Raj Kumar Agarwal (1,800 shares / 0.01%). In total, 8,800 equity shares (approximately 0.05% of total paid-up share capital) have shifted from promoter to public category, leaving overall promoter control largely unchanged.

Stock exchanges (BSE and NSE) approved the reclassification application dated May 30, 2026, on September 04, 2026.
A total of 4 members of the promoter group were reclassified to the public category.
The cumulative shareholding reclassified is 8,800 equity shares, representing ~0.05% of paid-up share capital.
Largest individual holding among reclassified members was Nem Chand Jain with 5,200 shares (0.03%).

💡 Track subsequent shareholding pattern filings to observe updated promoter vs. public holding disclosures.

Nimbus Projects Dispatches 33rd AGM Notice and FY26 Annual Report Link; AGM on Sep 29, 2026

🟡 NEUTRAL ⭐ 1/10

ROUTINE 📅 04 Sep 2026, 01:30 PM

Nimbus Projects Limited has dispatched physical letters containing the web-link to its FY2025-26 Integrated Annual Report and 33rd Annual General Meeting (AGM) Notice to unregistered email shareholders. The 33rd AGM is scheduled to take place on Tuesday, September 29, 2026, at 12:30 PM IST via Video Conferencing. The cut-off date for e-voting entitlement is fixed as September 22, 2026, with remote e-voting running from September 26 to September 28, 2026.

33rd AGM scheduled for September 29, 2026, at 12:30 PM IST via VC/OAVM
Cut-off date to determine e-voting eligibility set for September 22, 2026
Remote e-voting window opens September 26, 2026 (9:00 AM) and closes September 28, 2026 (5:00 PM)
Dispatched physical intimation under Regulation 36(1)(b) for accessing the FY26 Integrated Annual Report

💡 Eligible shareholders should verify their holdings as of the September 22, 2026 cut-off date to participate in e-voting and review the FY26 Annual Report ahead of the September 29 AGM.

Nimbus Projects Issues Notice for 33rd AGM on Sep 29, 2026; Proposes Key RPT Approvals

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 03 Sep 2026, 07:47 PM

Nimbus Projects Limited has issued the notice convening its 33rd Annual General Meeting (AGM) on September 29, 2026, along with its FY2025-26 Integrated Annual Report. The agenda includes ordinary business such as the adoption of FY26 financial statements and appointment of M/s Doogar & Associates as statutory auditors. Shareholders will also vote on special resolutions to approve material Related Party Transactions (RPTs) with promoters, promoter group entities, Indogreen International, and associate companies. Remote e-voting is scheduled from September 26 to September 28, 2026, with the cut-off date fixed as September 22, 2026.

33rd AGM scheduled for September 29, 2026 at 12:30 PM IST via VC/OAVM
Cut-off date for e-voting eligibility set for Tuesday, September 22, 2026
Remote e-voting window runs from September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
Proposed appointment of M/s Doogar & Associates, Chartered Accountants, as Statutory Auditors
Special resolutions tabled for approving material Related Party Transactions with promoters and associate companies

💡 Track voting outcomes of the AGM resolutions on September 29, 2026, particularly regarding material Related Party Transactions and auditor appointments.

Nimbus Projects Issues Corrigendum Correcting FY2025-26 Board Report Approval Year

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Aug 2026, 05:20 PM

Nimbus Projects Limited has issued a corrigendum to its previous filing dated August 12, 2026, to correct a typographical error. The company clarified that the Board's Report approved was for the Financial Year 2025-26 (ended March 31, 2026), rather than the incorrectly stated FY 2026-27. This is a purely administrative update with no impact on the company's financial position or operations. The company currently reports a TTM revenue of Rs 228 Cr and a net loss of Rs 88 Cr.

Corrected the Financial Year for Board Report approval from 2026-27 to 2025-26
Clarified the reporting period ended on March 31, 2026
Corrigendum follows the initial intimation submitted on August 12, 2026
All other details in the previous intimation remain unchanged

💡 No action is required as this is a routine clerical correction. Investors should monitor the actual FY26 annual report for details on the company's path to profitability given the TTM net loss of Rs 88 Cr.

Nimbus Projects Proposes Re-appointment of Rajeev Kumar Asopa as Director

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 12 Aug 2026, 09:53 PM

Nimbus Projects Limited has proposed the re-appointment of Mr. Rajeev Kumar Asopa as a Non-Executive, Non-Independent Director at its upcoming 33rd Annual General Meeting. Mr. Asopa is a Fellow Member of the Institute of Company Secretaries of India with 31 years of experience in finance, secretarial, and legal compliances. The board meeting for this recommendation was held on August 12, 2026, lasting 4.5 hours. This is a routine procedural filing as the director is liable to retire by rotation.

Re-appointment of Mr. Rajeev Kumar Asopa (DIN: 00001277) proposed for the 33rd Annual General Meeting
Director brings 31 years of professional experience in finance and legal compliance
Board meeting conducted on August 12, 2026, from 03:30 p.m. to 08:00 p.m.
Confirmation provided that the director is not debarred by SEBI or MCA orders

💡 Investors should monitor the voting results of the 33rd Annual General Meeting to confirm shareholder approval for the re-appointment.

Nimbus Projects proposes re-appointment of Mr. Rajeev Kumar Asopa as Director

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 12 Aug 2026, 09:51 PM

Nimbus Projects Limited has proposed the re-appointment of Mr. Rajeev Kumar Asopa as a Non-Executive, Non-Independent Director, subject to shareholder approval. The proposal was cleared by the Board of Directors in a meeting held on August 12, 2026, following a recommendation from the Nomination & Remuneration Committee. Mr. Asopa, a Fellow Member of the ICSI, brings approximately 31 years of experience in finance, secretarial, and legal compliances. This is a routine administrative filing as the director is liable to retire by rotation at the upcoming 33rd Annual General Meeting.

Mr. Rajeev Kumar Asopa proposed for re-appointment at the ensuing 33rd Annual General Meeting
Director possesses approximately 31 years of experience in finance and legal compliance
Board meeting conducted on August 12, 2026, spanning 4.5 hours from 03:30 p.m. to 08:00 p.m.
Verification confirmed the director is not debarred by SEBI, MCA, or any other authority

💡 Investors should monitor the 33rd AGM proceedings for the formal approval of this re-appointment, though it is a routine governance matter.

View All NIMBSPROJ Announcements on Live Market Tracking →