Nimbus Projects Limited · NSE:NIMBSPROJ
Nimbus Projects — Q2 FY27 Earnings Presentation
47 slides from Nimbus Projects's earnings presentation, Nov 5, 2026
Slide 1: Exchange filing cover letter: Investor Presentation
NPL/BSE/NSE/2026-27/64 November 05, 2026 To, To, The Manager The Manager BSE limited National Stock Exchange of India Limited Corporate Relationship Department Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Tower, Bandra Kurla Complex, Bandra(E) Dalal Street, Mumbai- 400001 Mumbai – 400051 Scrip C
Slide 2: Nimbus Group Corporate presentation Q2 FY27
Real estate · Hospitality · NBFC Nimbus Group Corporate presentation Q2 FY27
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by Nimbus Group for information only. It is not an offer or invitation to buy or sell any securities, and no investment decision should be based on it. Certain statements in this presentation are forward-looking. They reflect management’s current expect
Slide 4: Nimbus at a glance
Nimbus at a glance 30+ 13 5,400+ ~10 mn Years as a trusted name in Projects, across residential, Families in Nimbus homes Sq ft portfolio real estate commercial and hospitality Real estate Hospitality Financial services Nimbus Realty builds mid-income, The Golden Palms Hotel & Spa, Nimbus (India) Li
Slide 5: The Nimbus advantage
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Slide 6: Nimbus in brief: steady growth, sound balance sheet
Nimbus in brief: steady growth, sound balance sheet Focused on delivery, a trusted brand and financial prudence A record of delivery A trusted brand Prudent borrowing FY26 highlights A trusted name in Delhi-NCR real estate for 30+ years Net debt to equity of 0.76× (September 2026) Pre-sales of ₹4,17
Slide 7: How we create value (1/2)
How we create value (1/2) Balanced growth, with no single point of dependence Sales spread across segments, micro-markets and projects Demand Presence across luxury, premium and mid-income homes in Noida, Greater Noida and on the Yamuna Expressway Margins protected by brand strength and cost discipl
Slide 8: How we create value (2/2)
How we create value (2/2) Quicker cash and better returns on capital The Arista Luxe went from co-developer approval (September 2024) to launch (July 2025) in under a year Speed to market The Palm Village sold 83% of its 1,176 homes within ~2.5 years of launch 5,400+ homes handed over and equivalent
Slide 9: A large market & a large potential
A large market & a large potential India’s second-largest housing market Primary home sales in Delhi- Delhi-NCR is second only to Mumbai by value of homes sold NCR, FY26 ₹1,355,000 mn Infrastructure-led growth Noida International Airport, expressways and metro lines are opening up new corridors wher
Slide 10: Leadership
Leadership Board of Directors · Nimbus Projects Limited Management team · Nimbus Group Mr. Anand Kumar Mr. Bipin Agarwal Mr. Lalit Agarwal Mr. Sahil Agarwal Non-Executive Chairman of Managing Director Head - Legal & Secretarial Chief Executive Officer the Board IAS (1984); former Secretary to the Fe
Slide 11: Awards and recognition
Recognition Awards and recognition The Group and its projects · 2025–26 Iconic Project – Residential Most Trusted Real Estate Brand Excellence in Customer Focused Leading Residential Real Estate (North, Completed) Nimbus Realty Real Estate Development Developer – NCR The Golden Palms Realty+ India B
Slide 12: Brand and lifestyle partners
Brand and lifestyle partners Brand ambassador M.C. Mary Kom Six-time world boxing champion and Olympic medallist. Her dedication and discipline reflect how Nimbus builds. The Arista Luxe clubhouse partners Michael Phelps MMA Matrix Gym Swimming Mixed martial arts and fitness by Swimming programme Ti
Slide 13: Real Estate Portfolio
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Slide 14: Delhi NCR: Our presence
Ghaziabad Our presence 1 Pearls Business Park Pitampura, Delhi 2 Delhi NCR Golden Palms Hotel & Spa Patparganj, Delhi Delhi 3 The Hyde Park ✈ IGI Airport Sector 78, Noida ← Gurugram Noida 4 Yamuna River The Arista Luxe Our projects Sector 168, Noida Pearls Business Park Greater Noida 1 Pitampura, De
Slide 15: Well-connected locations
Well-connected locations Projects sits on one of NCR’s main growth corridors Sector 78, Noida Chi-V, Greater Noida The Hyde Park Express Park View I & II Close to the metro and the At the Yamuna Expressway Noida Expressway Own retail high street, The Park Street Schools, hospitals and shopping nearb
Slide 16: Retail: high streets built and sold alongside our homes
Retail High streets built and sold alongside our homes Hyde Park Crown The Park Street Sector 78, Noida Express Park View, Greater Noida 58 40 shops · sold out shops · sold out Golden Palms Downtown The Palm Street Sector 168, Noida The Palm Village, Yamuna Expressway 52 44 shops · 49 sold shops · u
Slide 17: Residential portfolio: Completed and sold out
Residential portfolio Completed and sold out Three delivered communities in Noida and Greater Noida: 4,161 homes, 4,153 sold Developed area by project (mn sq ft) 4,161 Homes delivered The Hyde Park 2,092 homes 2.56 5.14 mn The Golden Palms 1,403 homes 1.61 Sq ft developed ~100% Express Park View I 6
Slide 18: Residential portfolio: Ongoing projects
Residential portfolio ongoing PROJECTS Three projects in market: ~4 mn sq.ft., 3,146 homes, over 80% already sold Sales progress (homes sold of total) 3,146 Express Park View II Homes across three projects Completed · Chi-V, Greater Noida 1,546 / 1,630 95% 4.02 mn The Palm Village 981 / 1,176 83% Sq
Slide 19: Collections: ongoing projects
Collections: ongoing projects Express Park View II The Palm Village The Arista Luxe All three projects 99% collected 49% collected 13% collected 67% collected ₹7,590 mn of ₹7,651 mn ₹4,238 mn of ₹8,696 mn ₹203 mn of ₹1,559 mn ₹12,032 mn of ₹17,906 mn Project Sales value (₹ mn) Collected (₹ mn) % col
Slide 20: Construction progress: ongoing projects
Construction progress: ongoing projects Area constructed and construction cost incurred so far Construction progress · area Construction cost · ₹ mn The Palm Village 60% ~38% incurred Yamuna Expressway · 1,176 homes ~0.60 ~0.40 1.00 ~1,500 ~2,500 ~4,000 60% approx Constructed mn sq ft Remaining Tota
Slide 21: Upcoming project: Govardhan, Mathura
Upcoming project NH 44 · ↑ Delhi Prem Mandir Govardhan, Ral Chhatikara Vrindavan Mathura to Vrindavan via Ral Nimbus township Yamuna ~24 acres Proposed integrated township, developed jointly with Radha Kund landowners on a 54 : 46 revenue share. Land Govardhan station Govardhan Parikrama · 21 km agg
Slide 22: The road ahead: Upcoming projects
The road ahead: UPCOMING PROJECTS Six launches of about 25 acres each over three years, each delivered in about two years New regions Mathura & Vrindavan Uttarakhand Tier-2 cities such as Meerut The plan Focus formats Plotted Townships Joint development 6 2 ~25 24 projects in launches acres per mont
Slide 23: Highlights
03 Highlights 23
Slide 24: Revenue, profit and debt at a glance
Revenue, profit and debt at a glance Revenue, earnings and borrowing in recent years · consolidated, ₹ mn Revenue Profit after tax Net debt ₹2,288 mn ₹637 mn 0.76× revenue from operations in FY26; +28% over profit in FY25; 6.5× growth from FY22 net debt to equity, September 2026 (net FY25 and 6.4× s
Slide 25: Pre-sales growth
Pre-sales growth Value of homes and shops booked each year · ₹ mn · FY27–FY30 projected The Palm Village + The Arista Luxe New launches (slide 21) 16,894 16,016 ₹4,171 mn pre-sales in FY26 13,500 ₹16,894 mn projected peak, FY29 6,234 4,171 3,879 ₹50,289 mn 1,564 1,303 projected, FY27–FY30 FY23 FY24
Slide 26: PAT target: ₹9,022 mn by FY29
PAT target: ₹9,022 mn by FY29 PAT, ₹ mn Ongoing projects New launches (slide 21) 9,022 ~94% CAGR 2,128 1,078 637 FY25 FY27P FY28P FY29P Growth funded prudently 26
Slide 27: Q2FY27 operational performance
Q2FY27 operational performance Pre-sales Collections Area sold ₹2,355 mn ₹1,299 mn 48% (+36% YoY) from customers in H1FY27, +13% YoY 1.21 mn of 2.54 mn sq ft in H1FY27 ongoing projects Net debt ₹2,674 mn Net debt to equity at 0.76× 27
Slide 28: Q2FY27 financial performance
Q2FY27 financial performance ₹ mn Revenue Adj. EBITDA PAT 69.2 275.3 174.6 43.7 Q2FY27 Q2FY27 Q2FY26 Q2FY27 Q2FY26 Q2FY26 (55.3) (88.7) Revenue from operations up 58% year on year in Q2FY27; H1FY27 pre-sales up 36% to ₹2,355 mn 28
Slide 29: H1FY27 cash flow
H1FY27 cash flow Operations Funding and investments ₹ mn H1FY27 ₹ mn H1FY27 Loss before tax –144 Operating cash flow –349 Non-cash and other adjustments –60 Investments realised (net) 76 Construction spend (inventories) –850 Net new borrowings 365 Customer advances and other liabilities 520 Finance
Slide 30: Q2FY27 results
Q2FY27 results Assets (₹ mn) Sep-26 Mar-26 Equity and liabilities (₹ mn) Sep-26 Mar-26 Fixed assets 108 120 Equity share capital 193 193 Goodwill 421 421 Other equity 2,886 2,593 Investments 996 1,254 Non-controlling interests 445 403 Financial assets 2,064 1,880 Total equity 3,525 3,189 Inventories
Slide 31: Profits step up as projects complete
Profits step up as projects complete Projected consolidated profit and loss · ₹ mn · current projects plus new launches Turnover EBITDA ₹32,895 mn ₹12,205 mn projected for FY29, incl. ₹9,000 mn from new launches projected for FY29, incl. ₹2,500 mn from new launches 32,895 Ongoing projects New launch
Slide 32: Growth outlook
FY27 outlook Growth drivers Growth outlook Sector 168, Noida The Arista Luxe Launched July 2025: 340 luxury homes, about 1.1 mn sq ft. A revived stalled project, with ₹1,410 mn booked ₹3,980 mn +74% in FY26. FY27 turnover target Yamuna Expressway FY26 2,288 The Palm Village FY27 3,980 962 of 1,176 h
Slide 33: Share price
Share price Nimbus Projects Limited · BSE 511714 · NSE NIMBSPROJ Last close Price, ₹ per share Last 12 months · BSE ₹178.00 4 November 2026, BSE Market capitalisation 300 ₹3,439 mn 19.3 mn shares 250 52-week range ₹145 – ₹303 low and high, BSE 200 Promoter holding 70.46% as on 5 Nov 2026 150 Listed
Slide 34: Building responsibly
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Slide 35: Our sustainability strategy: build well, give back
Our sustainability strategy: build well, give back We see environmental, social and governance issues as long-term risks that are also opportunities to create value. Our approach puts homebuyers, communities and shareholders at the centre of how we plan, build and govern. Green & open spaces Water E
Slide 36: Caring for the places we build
Environment Caring for the places we build Green, landscaped estates Light, air and open layouts Nearly 80% of the landscaped area at The Low-rise G+4 homes at The Palm Village Golden Palms is greenery: palms, flowering use open-plan layouts that bring in natural plants and hedges. light and ventila
Slide 37: Our foundation
Giving back Our foundation Lala Ram Kumar Agarwal Memorial Trust Set up in his memory to support mothers, children and families through nutrition, “ Blessed are the hands that lend support to the helpless education and counselling, with an ashram in Vrindavan, Uttar Pradesh Focus areas persons and h
Slide 38: Giving back, in the news
Giving back, in the news How our community partnerships have been reported Realty n More Realty n More Nimbus Realty Partners with Sankalp Cancer Care Nimbus Realty and Niveda Foundation Foundation for Labour Day Health Initiative at Join Hands to Uplift Young Learners on Children’s Day Yamuna Expre
Slide 39: Why real estate, why now
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Slide 40: A strong market backdrop
Market context A strong market backdrop 7.4% ₹6 tn+ +23% India’s real GDP growth in FY26, with Value of homes sold in India’s top 7 Rise in Delhi-NCR average home prices 6.8–7.2% projected for FY27 cities in 2025; average prices up 8% in 2025, the highest of the top 7 cities Economic Survey 2025-26
Slide 41: A rising India needs more homes
A rising India needs more homes The sector is set to outpace the wider economy GDP US$ ~3 tn US$ ~7–8 tn ~2.5× FY22 FY31 FY22–31 Real estate share of GDP 6–7% 13–15% Doubling of share FY22 FY31 FY22–31 Real estate industry size US$ 200 bn US$ ~1 tn ~5× (20% CAGR) FY22 FY31 FY22–31 As incomes rise, h
Slide 42: Million new homes needed this decade
14 million new homes needed this decade By high-income households — against a likely supply of ~2.75 million Households by annual income 2021 · GDP US$3 tn · 2030 · GDP US$7–8 tn · 296 mn households 386 mn households Housing completions in the top 7 cities High 9 mn (3%) 23 mn (6%) > ₹2.8 mn ~2.75 m
Slide 43: Homes are more within reach
Homes are more within reach Turning the need for a home into a purchase Rapid urbanisation creates demand for quality urban housing Smaller families mean more households 53% 35% 40% ~4.4 28% people per household in India today, down from 4.9 in 2011 23% 17% Nuclear families add households faster tha
Slide 44: Rising pay keeps buyers in the market
Rising pay keeps buyers in the market Salaries in India have risen 9–10% a year for over a decade 10.7% 10.4% 10.4% 10.6% 10.4% 10.2% 10.2% 9.3% 9.5% 9.3% 9.3% 9.3% 9.1% 8.9% 6.1% 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 At 60 large listed companies outside big IT,
Slide 45: Buyers now choose the brand
Buyers now choose the brand A home is the biggest purchase most families make, and it is bought on trust Lived in for decades Why this favours Nimbus 01 A 30-year name in Delhi-NCR, with ~10 mn A family’s sq ft delivered and underway A step up in largest lifestyle investment 02 5,400+ homes handed o
Slide 46: Margins well protected from cost inflation
Margins well protected from cost inflation Construction is only part of the price 01 Construction costs typically form 25–45% of a home’s sale price. At The Palm Village 02 Labour supply is ample About one-third of construction cost is low- and semi-skilled labour, with plentiful supply from rural I
Slide 47: Thank you
Thank you For further information, please contact info@nimbusgroup.net