Nila Spaces Ltd
NILASPACESNila Spaces Ltd's earnings have outrun its stock. EPS grew +94.6% in a year against a +8.3% price move.
The sharpest disagreement: profits are rising, but only −33% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch.
The price is in a downtrend (19 weeks in) while the P/E sits at the 24th percentile of its own 7-year range. Underneath, the last four quarters read improving — profit +100.4% year on year, and −33% of the last 3 years' profit arrived as cash. What settles it: whether the cash starts following the profit.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Nila Spaces Ltd trades at ₹12.7, in a downtrend and 19 weeks into that stage. That is −8.0% against its own 200-day average. It sits at 13% of a 52-week range of ₹12 to ₹19. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (24 weeks and counting).
Today the stock is in a downtrend — week 19 of stage 4, confirmed. At ₹12.7 it trades −8.0% versus its 200-day average and sits at 13% of its 52-week range (₹12–₹19).
Against the market, two honest reads. Cumulative: over the last 7.5 years the stock moved +259% while the NIFTY 500 moved +156% — ahead of the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (24 weeks and counting; last ahead the week of 2025-12-12) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 24th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Nila Spaces Ltd trades at 17.6× P/E, near the bottom of its own range — cheaper only 24% of the time. Its long-run median P/E is 25.2×, measured across 7.1 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 17.6× is near the bottom of its own range — cheaper only 24% of the time, against a long-run median of 25.2× measured over 7.1 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +94.6% against a +8.3% price move — earnings outran the price, pushing the multiple DOWN its own range.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Nila Spaces Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 6 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +36.0% | +469.8% | +32.7% | — |
| Profit | +93.3% | — | — | — |
| EPS | +94.6% | — | — | — |
| Share price | +8.3% | +50.3% | +44.8% | — |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
68.7/100 — rank 1 of 25 in Entertainment & Media · 77% evidence confidence
Nila Spaces Ltd scores 68.7 out of 100 against the 25 companies it is compared with in Entertainment & Media, ranking 1. Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
The four contributions add to the total exactly: 27.6 + 17.5 + 11.7 + 11.9 = 68.7. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Nila Spaces Ltd reported ₹49.8 Cr of revenue in the Mar 26 quarter, +25.3% year on year. That is the 5th straight quarter of year-on-year growth. Over 9 years it has compounded at 22.9% a year. The last full year, FY26, came in at ₹185 Cr. The last four reported quarters add to ₹185 Cr.
Nila Spaces Ltd reported ₹49.8 Cr of revenue in the Mar 26 quarter, +25.3% year on year. That is the 5th straight quarter of year-on-year growth. Over 9 years it has compounded at 22.9% a year. The last full year, FY26, came in at ₹185 Cr. The last four reported quarters add to ₹185 Cr.
FY26 revenue came in at ₹185 Cr (+36.0% on the year), capping 9 years at 22.9% compound. The latest quarter (Mar 26) printed ₹49.8 Cr, +25.3% year on year — the 5th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +36.7% growth against the decade's 22.9% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +36.2% over the last 4 quarters against +42.8%/yr over the last 8 — rolling over; TTM profit +95.9% vs +46.4%/yr — accelerating.
→ Revenue grew — did margins hold as it scaled? Next: 35.0% this quarter (+9.5 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Nila Spaces Ltd's operating margin is 35.0% in the Mar 26 quarter, +9.5 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −815.0% to 35.0%. The current quarter sits inside that band.
Nila Spaces Ltd's operating margin is 35.0% in the Mar 26 quarter, +9.5 percentage points against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −815.0% to 35.0%. The current quarter sits inside that band.
The latest quarter's operating margin is 35.0%, +9.5 pp against the same quarter a year ago. Across 10 fiscal years the operating margin has ranged −815.0%–35.0%.
Why the margin moved: operating margin went +9.5 pp year on year while gross margin went +9.5 pp — the gain came mostly from the gross line: input costs and pricing.
→ Margins held — did that reach the bottom line? Next: profit +100.4% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Nila Spaces Ltd earned ₹9.4 Cr of net profit in the Mar 26 quarter, +100.4% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹29.0 Cr. The 9-year compound rate is 17.1%. That is 18.9% of the quarter's revenue. The same quarter a year earlier earned ₹4.7 Cr.
Nila Spaces Ltd earned ₹9.4 Cr of net profit in the Mar 26 quarter, +100.4% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹29.0 Cr. The 9-year compound rate is 17.1%. That is 18.9% of the quarter's revenue. The same quarter a year earlier earned ₹4.7 Cr.
Mar 26 profit was ₹9.4 Cr, +100.4% year on year — the 5th consecutive quarter of growth. On the full year, FY26 printed ₹29.0 Cr (+93.3%), and the 9-year compound rate is 17.1%.
Why profit moved: revenue contributed +25.3% and the margin +9.5 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +97.9% vs revenue +36.7%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
→ Profit rose — but did the cash follow? Next: −33% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years −33% of Nila Spaces Ltd's reported profit arrived as operating cash — a gap worth watching. In FY26 that was ₹−29.0 Cr of operating cash against ₹29.0 Cr of profit. After ₹6.0 Cr of capital spending, ₹−35.0 Cr was left as free cash.
FY26: operating cash of ₹−29.0 Cr against reported profit of ₹29.0 Cr, leaving free cash of ₹−35.0 Cr after ₹6.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is −33% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
🚨 Why conversion sits at −33%: the cash cycle stretched 833 days between FY21 and FY26 — more of each rupee of profit waits inside the cycle before arriving. Less than 70% of profit arriving as cash is the thing to watch on this page.
Router verdict: conversion is below par and the cash cycle has stretched 833 days — the next section's job is to find where the cash is stuck.
→ So follow the cash to where it goes. Next: the 836-day cycle, in money terms.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Nila Spaces Ltd's cash conversion cycle runs 836 days in FY26, up from 3 days in FY21. Capital spending ran ₹31.0 Cr over the last 3 years. At FY26 sales of ₹185 Cr each day of that cycle holds about ₹0.5 Cr, so roughly ₹424 Cr sits inside the business at any moment.
FY26: debtors at 2 days, inventory at 878 days — roughly 28.9 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 836 days, looser than FY21's 3.
The full loop: cash goes out to suppliers and production on day 0; stock waits 878 days to sell; customers pay about 2 days after that; and suppliers themselves are paid at 44 days — netting out to the 836-day cycle.
In money terms: at FY26 sales of ₹185 Cr, each day of the cycle holds about ₹0.5 Cr — so the 836-day loop keeps roughly ₹424 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹31.0 Cr over the last 3 fiscal years against ₹11.0 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the working-capital loop is the cash sink the router flagged — watch the cycle, not the P&L.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 31% and the ROIC − WACC spread is +5.9 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Nila Spaces Ltd earns a ROCE of 31% in FY26. That is up from a trough of −5% in FY23. Return on invested capital clears the cost of that capital by +5.9 percentage points, so growth here adds value rather than only size. The wiring behind it is 15.7% net margin on 0.51× asset turns.
FY26 ROCE is 31%, recovered from a FY23 trough of −5% — the full ladder below shows the fall and the climb, undoctored.
Why the return is what it is — the wiring (FY26): 15.7% net margin × 0.51× asset turns × 2.14× balance-sheet leverage ≈ 17.1% on equity. Margin is doing the heavy lifting; leverage is a meaningful part of the equation.
The capstone test — ROIC − WACC: 17.9% − 12.0% = a +5.9 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.46.
Debt Debt-to-equity says how much of the business is funded by borrowings; interest cover says how many times operating profit pays the interest bill. Low and high, respectively, is the safe corner.
Nila Spaces Ltd carries ₹79.0 Cr of borrowings against ₹170 Cr of equity in FY26, a debt-to-equity of 0.46. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹10.0 Cr to ₹79.0 Cr. Capital spending ran ₹31.0 Cr across the last 3 of those years.
FY26: borrowings of ₹79.0 Cr against equity of ₹170 Cr — a debt-to-equity of 0.46. Operating profit covers the interest bill 2×. Over 5 years borrowings went from ₹10.0 Cr to ₹79.0 Cr while capital spending ran ₹31.0 Cr in just the last 3 — part of the build-out is riding on borrowed money.
→ Who owns this, and are they adding or leaving? Next: the register is quiet.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
No holder of Nila Spaces Ltd moved a full percentage point over the last two years — the register is quiet. Promoters moved +0.0 points over the same window, to 61.9%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −0.8 points over 8 quarters to 0.1%; Promoters: +0.0 points over 8 quarters to 61.9%.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Nila Spaces Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Nila Spaces Ltd this page | 17.6× | ₹501 Cr | No read | |||
| Prime Focus Ltd | 95.6× | ₹22,463 Cr | No read | |||
| Sun TV Network Ltd | 12.8× | ₹19,188 Cr | Mixed | |||
| Amagi Media Labs Ltd | 184.0× | ₹13,176 Cr | — | — | — | — |
| Nazara Technologies Ltd | 11.6× | ₹11,236 Cr | No read | |||
| Nazara Technologies Ltd | 11.6× | ₹11,199 Cr | No read | |||
| PVR Inox Ltd | 32.9× | ₹10,448 Cr | No read | |||
| Zee Entertainment Enterprises Ltd | 36.3× | ₹10,130 Cr | Deteriorating | |||
| Network 18 Media & Investments Ltd | — | ₹4,413 Cr | No read | |||
| City Pulse Multiventures Ltd | 2,154.0× | ₹4,329 Cr | No read | |||
| Hathway Cable & Datacom Ltd | 25.1× | ₹1,905 Cr | Deteriorating | |||
| Media Matrix Worldwide Ltd | 271.0× | ₹1,585 Cr | Turning around | |||
| Den Networks Ltd | 8.7× | ₹1,296 Cr | Deteriorating | |||
| Panorama Studios International Ltd | 80.8× | ₹1,266 Cr | Deteriorating | |||
| Panorama Studios International Ltd | 30.2× | ₹1,116 Cr | Topping out | |||
| Balaji Telefilms Ltd | — | ₹1,024 Cr | No read | |||
| Bright Outdoor Media Ltd | 43.7× | ₹875 Cr | No read | |||
| New Delhi Television Ltd | — | ₹865 Cr | No read | |||
| City Pulse Multiventures Ltd | 426.0× | ₹779 Cr | No read | |||
| T.V. Today Network Ltd | 26.8× | ₹695 Cr | Mixed | |||
| Hindustan Media Ventures Ltd | 4.4× | ₹688 Cr | No read | |||
| GTPL Hathway Ltd | 85.5× | ₹682 Cr | Deteriorating | |||
| H T Media Ltd | 4.3× | ₹565 Cr | No read | |||
| Dish TV India Ltd | — | ₹519 Cr | No read | |||
| Entertainment Network (India) Ltd | 258.0× | ₹504 Cr | No read | |||
| Zee Media Corporation Ltd | 74.8× | ₹498 Cr | No read | |||
| Basilic Fly Studio Ltd | 9.4× | ₹481 Cr | No read | |||
| DAPS Advertising Ltd | 8.5× | ₹11 Cr | No read |
Frequently asked questions
What is Nila Spaces Ltd's share price today?
Nila Spaces Ltd trades at ₹12.7, +8.3% over the past year. The company is valued at ₹501 Cr. The stock sits at 13% of its 52-week range of ₹12–₹19, −8.0% versus its 200-day average. On the tape, the price is in a downtrend, 19 weeks in. — as of 24 July 2026.
What were Nila Spaces Ltd's latest quarterly results?
Nila Spaces Ltd reported revenue of ₹49.8 Cr and net profit of ₹9.4 Cr for the Mar 26 quarter. Revenue rose 25.3% and profit rose 100.4% year on year. Earnings per share were ₹0.23. The operating margin was 35.0%, 9.5 pp higher than a year earlier. — as of 24 July 2026.
What is Nila Spaces Ltd's revenue?
Nila Spaces Ltd reported revenue of ₹49.8 Cr in the Mar 26 quarter, +25.3% year on year. For the full FY26 fiscal year, revenue was ₹185 Cr (+36.0%). Over the last 9 years revenue compounded at 22.9% a year. — as of 24 July 2026.
What is Nila Spaces Ltd's profit?
Nila Spaces Ltd earned ₹9.4 Cr of net profit in the Mar 26 quarter, +100.4% year on year — the 5th straight quarter of growth. Full-year FY26 profit was ₹29.0 Cr. The operating margin ran 35.0% in the latest quarter. — as of 24 July 2026.
What is Nila Spaces Ltd's market cap?
Nila Spaces Ltd's market capitalisation is ₹501 Cr at a share price of ₹12.7. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Nila Spaces Ltd's P/E ratio?
Nila Spaces Ltd trades at a P/E of 17.6×, at the 24th percentile of its own 7-year range, against a long-run median of 25.2×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Nila Spaces Ltd pay a dividend?
No — Nila Spaces Ltd has recorded a dividend payout of 0% of profit in each of its last 10 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 24 July 2026.
Is Nila Spaces Ltd overvalued?
On its own history, Nila Spaces Ltd looks cheap against its own history: its P/E of 17.6× has been cheaper only 24% of the time in 7 years (long-run median 25.2×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Nila Spaces Ltd growing?
Yes — Nila Spaces Ltd is growing: latest-quarter revenue +25.3% year on year, profit +100.4%, and the margin +9.5 pp at 35.0%. The 9-year compound rates are 22.9% (revenue) and 17.1% (profit). The earnings engine currently reads: improving — as of 24 July 2026.
How is Nila Spaces Ltd performing?
Nila Spaces Ltd is in a downtrend, 19 weeks in. Its latest quarter's revenue rose 25.3% and profit rose 100.4% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 24 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
Is Nila Spaces Ltd in an uptrend?
No — the price is in a downtrend (week 19 of stage 4), trading −8.0% versus its 200-day average and at 13% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Nila Spaces Ltd beating the market?
Not lately — on a trailing-13-week view Nila Spaces Ltd is currently behind the NIFTY 500 (24 weeks and counting; last ahead the week of 2025-12-12), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 7.5 years the stock moved +259% against the NIFTY 500's +156% — ahead of the index over the full window. — as of 24 July 2026.
Will Nila Spaces Ltd's share price go up?
This page publishes no price forecast for Nila Spaces Ltd. What it measures instead: the share price is ₹12.7, the price is in a downtrend 19 weeks in. Its P/E of 17.6× sits at the 24th percentile of its own 7-year range. — as of 24 July 2026.
Who owns Nila Spaces Ltd?
Promoters hold 61.9% of Nila Spaces Ltd, foreign institutions 0.1%, domestic institutions null% and the public 38.0% (latest quarter). No holder moved a full point over the last two years — the register is quiet. — as of 24 July 2026.
Does Nila Spaces Ltd have too much debt?
It is moderate — Nila Spaces Ltd's debt-to-equity is 0.46, and operating profit covers the interest bill 2×. FY26 borrowings were ₹79.0 Cr against equity of ₹170 Cr. Read the returns on this page with that leverage in mind — as of 24 July 2026.
What is Nila Spaces Ltd's capex?
Nila Spaces Ltd spent ₹31.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹6.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Nila Spaces Ltd's cash flow?
Nila Spaces Ltd generated ₹−29.0 Cr of operating cash flow in FY26 and ₹−35.0 Cr of free cash flow after ₹6.0 Cr of capital spending. Reported profit that year was ₹29.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Nila Spaces Ltd's profit real cash?
Not fully — over the last 3 fiscal years, −33% of Nila Spaces Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−29.0 Cr against reported profit of ₹29.0 Cr. The cash then goes mostly into the working-capital cycle. Cash-flow resolution is annual — as of 24 July 2026.
Where is Nila Spaces Ltd in its business cycle?
Nila Spaces Ltd's FY26 operating margin was 31.0%, against a 10-year band of −815.0%–35.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 35.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Nila Spaces Ltd story?
The sharpest disagreement: profits are rising, but only −33% of the last 3 years' profit arrived as operating cash — the gap between the P&L and the bank account is the thing to watch. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Nila Spaces Ltd a stock worth studying right now?
This is not investment advice. The machine read: Nila Spaces Ltd's earnings have outrun its stock. EPS grew +94.6% in a year against a +8.3% price move. The sharpest open question: whether the cash starts following the profit. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.