Nila Infrastructures Limited (NILAINFRA) AI Stock Analysis

• Market Cap: ₹2.74B
• Dividend Yield: N/A
• Average Volume (3M): 30.94K
• Price to Earnings (P/E): 20.2
• Beta (1Y): 1.37
• Revenue Growth: 64.41%
• EPS Growth: 22.85%
• Country: IN
• Employees: 49
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 0.12
• Shares Outstanding: 393,889,220
• 10 Day Avg. Volume: 33,723
• 30 Day Avg. Volume: 30,937
• PEG Ratio: 0.22
• Price to Book (P/B): 2.21
• Price to Sales (P/S): 1.47
• P/FCF Ratio: 6.35
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹7.50 ▼(-21.79% Downside)
• Action: Reiterated Date: 12/10/25
• Date: Action: Reiterated 12/10/25

Nila Infrastructures Limited shows strong financial performance with robust revenue and net income growth, supported by effective debt management and cash flow generation. However, technical indicators suggest a bearish trend, and the valuation is moderate without a dividend yield. These factors collectively result in a balanced stock score.

Positive Factors

Improving financial leverage

Reduced debt and an improved debt-to-equity ratio enhance balance sheet resilience, lowering interest burdens and refinancing risk. That durable improvement gives the company more headroom to bid on contracts, invest in projects, and withstand sector cyclicality over the next several months.

Robust free cash flow

Consistent free cash flow provides a stable internal funding source for capex, working capital and land or project investment without heavy reliance on external financing. Strong cash generation supports sustainable operations and strategic execution over a multi-month horizon.

Strong revenue growth and margin improvement

Material year-over-year revenue growth combined with improving gross margins indicates expanding market traction and better cost control. That revenue scale and margin expansion support lasting profitability and capacity to reinvest in projects across the coming months.

Negative Factors

Moderate return on equity

A moderate ROE implies the company is not yet converting equity into proportionately strong returns, which can limit long-term shareholder value creation. Without sustained margin or asset-turn improvements, ROE may constrain capital attraction and valuation over time.

EBITDA margin contraction

A drop in EBITDA margin signals operational or cost pressures that reduce core operating profitability. For construction and development firms, persistent margin erosion undermines cash available for reinvestment and makes results more sensitive to input-cost volatility over the medium term.

Execution and real estate cyclicality risk

Revenue and cash generation are tied to approvals, sales pace and construction timelines, creating lumpy results and execution risk. This structural exposure to project timing and market cycles can cause multi-month variability in earnings and working-capital needs.

Nila Infrastructures Limited Business Overview & Revenue Model

Company Description

Nila Infrastructures Limited constructs and develops infrastructure and real estate projects in India. The company is involved in the construction of civic urban infrastructure projects, including bus stations, multilevel parking, medical college, bus port, office complex, community hall, and other projects. It also develops residential real estate properties, such as flats and apartments; and leases commercial properties. The company was incorporated in 1990 and is based in Ahmedabad, India.

How the Company Makes Money

Nila Infrastructures Limited primarily makes money through (1) revenue from construction/contracting activities and (2) revenue from real estate development. 1) Construction / contracting income: The company undertakes civil construction and infrastructure-related works where it earns revenue based on executed work (typically recognized over time in line with project progress, subject to the applicable accounting policies). Earnings in this stream are driven by the value of contracts won, project execution pace, billing milestones, and the spread between contract value and the company’s direct/indirect project costs. 2) Real estate development income: The company also earns revenue by developing real estate projects and monetizing them through sales/allocations of units (and/or other development rights, depending on the specific project structure). In this stream, cash flows and profits depend on project approvals, construction progress, sales velocity, pricing, and cost control (land, materials, labor, financing, and overheads). Revenue recognition typically occurs based on the company’s stated policy in its financial statements (for example, over time or at completion/hand-over depending on the nature of the arrangement and applicable accounting standards). Other revenue streams, significant named partnerships, or segment-wise revenue splits are null (not provided here) because specific, current breakdowns and counterparties cannot be confirmed without the company’s latest annual report/financial filings or credible, citable disclosures.

Nila Infrastructures Limited Financial Statement Overview

Summary

Nila Infrastructures Limited exhibits strong financial health with significant revenue and net income growth. The balance sheet reflects prudent debt management, and cash flow statements indicate consistent cash generation. While profitability margins are strong, there's potential for further improvement in operational efficiency and return metrics.

Income Statement

Nila Infrastructures Limited has shown strong revenue growth with a significant increase from ₹1,834.25M in 2024 to ₹2,468.81M in 2025. The Gross Profit Margin improved, indicating better cost management. Net Profit Margin also increased substantially, reflecting enhanced profitability. However, there was a decrease in EBITDA margin, highlighting some operational inefficiencies.

Balance Sheet

The company's Debt-to-Equity Ratio improved over the years, with a reduction in total debt, suggesting better financial leverage management. The Equity Ratio is stable, indicating a solid capital structure. However, the Return on Equity remains moderate, suggesting room for improvement in generating returns on shareholders' equity.

Cash Flow

Cash flow performance is robust with consistent Free Cash Flow generation. The Operating Cash Flow to Net Income ratio is strong, indicating efficient cash generation relative to income. Free Cash Flow growth has been positive, supporting the company’s ability to reinvest in growth and manage its capital expenditures effectively.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	3.32B	2.47B	1.83B	1.14B	817.47M	955.48M
Gross Profit	413.94M	322.74M	127.16M	69.86M	78.89M	100.99M
EBITDA	405.70M	221.39M	248.33M	145.94M	173.29M	179.91M
Net Income	230.63M	204.99M	112.55M	-4.50M	-19.82M	-6.50M
Balance Sheet
Total Assets	9.72B	8.70B	8.42B	8.18B	4.19B	3.64B
Cash, Cash Equivalents and Short-Term Investments	107.22M	362.91M	2.41M	32.15M	3.16M	131.47M
Total Debt	241.45M	261.12M	345.87M	657.79M	1.08B	1.45B
Total Liabilities	7.95B	7.06B	6.99B	6.85B	2.86B	2.29B
Stockholders Equity	1.77B	1.64B	1.44B	1.33B	1.33B	1.35B
Cash Flow
Free Cash Flow	-158.42M	570.23M	647.63M	579.77M	637.48M	182.94M
Operating Cash Flow	-146.40M	602.14M	653.77M	580.54M	641.04M	183.07M
Investing Cash Flow	-48.24M	-249.66M	-278.11M	-30.56M	-257.51M	-157.09M
Financing Cash Flow	-34.38M	-123.40M	-389.81M	-536.58M	-511.85M	98.81M

Nila Infrastructures Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 9.59
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NILAINFRA, the sentiment is Negative. The current price of 9.59 is above the 20-day moving average (MA) of 7.77, above the 50-day MA of 8.35, and below the 200-day MA of 10.20, indicating a bearish trend. The MACD of -0.35 indicates Positive momentum. The RSI at 25.74 is Positive, neither overbought nor oversold. The STOCH value of 27.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NILAINFRA.

Nila Infrastructures Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PANSARI	67 Neutral	₹4.85B	30.89	―	―	-10.59%	101.05%
NILAINFRA	66 Neutral	₹2.74B	20.17	―	―	64.41%	22.85%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
PROZONER	54 Neutral	₹6.66B	119.39	―	―	4.65%	-154.71%
SUMIT	53 Neutral	₹1.80B	68.77	―	―	-36.78%	-26.62%
EMAMIREAL	42 Neutral	₹2.42B	-2.38	―	―	62.06%	-51.93%
PARSVNATH	40 Underperform	₹2.87B	-0.76	―	―	-37.98%	40.32%

Nila Infrastructures Limited Corporate Events

Nila Infrastructures Opens SEBI-Mandated Special Window for Legacy Physical Share Transfers

Nila Infrastructures Limited has notified shareholders that, pursuant to a recent SEBI circular, a special window has been opened to facilitate the re-lodgement of transfer requests for physical shares that were originally lodged before 1 April 2019 but were rejected or returned due to deficiencies in documentation. Shareholders eligible under this framework may re-lodge their transfer requests with the company’s registrar and transfer agent, MCS Share Transfer Agent Limited in Ahmedabad, by 6 January 2026, submitting original transfer documents along with corrected or missing details, with all re-lodged shares to be transferred only in dematerialised form. The move is expected to help legacy investors regularise pending physical share transfers, improve compliance with SEBI’s drive toward demat-only transfers, and potentially clean up the company’s shareholder records, enhancing transparency and ease of trading for stakeholders.