Disclosure Context
Nimbus Projects Limited submitted a disclosure under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 to BSE Limited (Scrip Code: 511714) and National Stock Exchange of India Limited (Symbol: NIMBSPROJ) on July 08, 2026. The disclosure contained a press release dated July 09, 2026, issued by the Company.
Operational Performance - Q1 FY27
The Company reported strong operational performance for Q1 FY 2026-27:
Pre-Sales Performance:
- Q1 FY27 pre-sales booking value: ₹157.36 crore
- Q1 FY26 pre-sales booking value: ₹67.16 crore
- Year-on-year growth: 134.31%
Customer Collections:
- Q1 FY27 collections: ₹75.91 crore
- Q1 FY26 collections: ₹50.69 crore
- Year-on-year growth: 49.75%
The performance was attributed to robust residential demand, healthy customer collections, continued execution across project portfolio, disciplined execution strategy, customer-centric approach, and growing brand recognition in Noida, Greater Noida and Yamuna Expressway (YEIDA) region.
Market Context and Expansion Plans
NCR Market Fundamentals: The Company highlighted that Noida, Greater Noida and Yamuna Expressway region are benefiting from large-scale infrastructure development including:
- Noida International Airport launch
- Ganga Expressway
- Expanding metro connectivity
- Industrial and logistics hubs
- Proposed Japan City and Singapore City developments
Expansion Strategy:
- Signed Memorandum of Understanding (MoU) for development of integrated township project in Mathura under Uttar Pradesh Township Policy, 2023
- Evaluating opportunities in Tier II and Tier III cities including Meerut, Vrindavan, Hapur, Rudrapur, Muzaffarnagar, Bareilly and Rohtak
- Expansion through integrated townships and mixed-use developments
Management Commentary
Mr. Bipin Agarwal, Chairman and Managing Director, commented that the strong growth reflects sustained homebuyer confidence and healthy demand. He emphasized the region's infrastructure-led transformation and the Company's positioning to capitalize on emerging opportunities while creating long-term value for stakeholders.
Company Background
Nimbus Group is a diversified real estate and infrastructure development company established in 1993 with over three decades of experience. The Group develops residential, commercial, mixed-use and integrated township projects across the National Capital Region (NCR) with presence in Noida, Greater Noida, Greater Noida West and Yamuna Expressway (YEIDA) region.