| PE TTM | 9.89Sector PE 34.43 |
|---|---|
| Market Cap | ₹247.36 CrRealty Sector |
| Promoter Holding | 61.9%Unchanged QoQ |
| 1-Year Price | -38.37%Annual change |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 118 | 74.2 | 74.0 |
| Other Income | 3.8 | 4.0 | 3.7 |
| Total Income | 122 | 78.2 | 77.8 |
| Profit Before Tax | 17.3 | 10.3 | 10.6 |
| Net Profit | 10.8 | 8.4 | 6.1 |
| Operating Margin | 14.1% | 13.2% | 13.6% |
| Net Profit QoQ | +28.6% | ||
| Net Profit YoY | +77.0% | ||
| Adj. Profit QoQ | +114.3% | ||
| Adj. Profit YoY | +95.7% | ||
Key highlights
- Consolidated net profit reached ₹10.8 crore, representing a 77.0% growth year-on-year
- Revenue from operations surged to ₹118 crore compared to ₹74.0 crore in Q2 FY2026
- Operating margins expanded to 14.1%, up from 13.6% in the corresponding previous year quarter
- Sequential net profit grew by 28.6% from the ₹8.4 crore reported in Q1 FY2027
- Half-year consolidated net profit for FY2027 climbed to ₹19.29 crore from ₹12.79 crore YoY
Topline Momentum and Profitability Expansion
Nila Infrastructures Limited recorded a sharp expansion in its topline during the second quarter of FY2027, with revenue from operations reaching ₹118 crore. This represents a 59.4% increase compared to the ₹74.0 crore reported in the same quarter of the previous year. The growth was consistent on a sequential basis as well, rising from ₹74.2 crore in Q1 FY2027.
Total income for the quarter stood at ₹122 crore, providing a robust base for bottom-line performance. The company demonstrated enhanced operational efficiency as consolidated net profit jumped to ₹10.8 crore from ₹6.1 crore in Q2 FY2026, supported by margins improving to 14.1%.
Audit Observations and Regulatory Context
The statutory auditors, MBD & Co LLP, issued a limited review report on the results, which included an emphasis of matter regarding a 2021 search operation by the Income-tax Department. While assessment orders were passed for certain joint ventures, the company has filed appeals that are currently pending. Management maintains that these proceedings are not expected to have a material adverse impact on the financial position.
Operationally, the company continues to function as a single operating segment focused on construction and development of infrastructure projects, which encompasses its various subsidiaries and joint ventures.
Valuation and Market Performance
- The stock currently trades at a TTM P/E of 9.89, significantly below the sector average of 34.43
- Company order book was valued at ₹1,414 crore as of March 31, 2026, ensuring project visibility
- Promoter holding remains stable at 61.9% with zero shares under pledge
- FII holding stands at 0.28% as of the latest ownership filing
- The stock has a Piotroski Score of 7, indicating relatively strong financial health despite price volatility
Operational Segment Profile
The entire operations of the Company constitute a single operating segment i.e. construction and development of infrastructure projects as per Ind AS 108 Operating segments.
| Date | Announcement | Amount |
|---|---|---|
| 25 Jul 2026 | Q1 FY2026-27 consolidated net profitSource: scanx.trade | ₹8.44 Cr |
| 02 May 2026 | Q4 FY2025-26 consolidated net profitSource: steelcitynettrade.com | ₹5.85 Cr |
| 27 Jan 2026 | Q3 FY2025-26 consolidated net profitSource: kotakneo.com | ₹4.65 Cr |
| 11 Nov 2025 | Q2 FY2025-26 standalone net profitSource: scanx.trade | ₹7.02 Cr |
| 30 Jul 2025 | Q1 FY2025-26 consolidated net profitSource: scanx.trade | ₹6.71 Cr |
| 03 May 2025 | Q4 FY2024-25 consolidated net profitSource: steelcitynettrade.com | ₹5.36 Cr |
What to watch next
- Resolution of pending Income Tax appeals filed against assessment orders
- Execution progress of the ₹1,414 crore order book through the second half of FY2027
- Announcement of Q3 FY2027 financial results in January 2027
“The Board has considered and approved the Unaudited Standalone & Consolidated Financial results for the second quarter and half year ended on September 30, 2026.”
| Share price | ₹6.28 |
|---|---|
| Market capitalisation | ₹247.36 Cr |
| Revenue (annual) | ₹322.71 Cr |
| Net profit (annual) | ₹23.29 Cr |
| Revenue (latest quarter) | ₹74.20 Cr-8.43% vs previous quarter |
| Net profit (latest quarter) | ₹8.44 Cr+44.30% vs previous quarter |
| P/E (TTM) | 9.89×Sector 34.43× |
| Promoter holding | 61.9%0.00% QoQ |
| FII holding | 0.28%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Nila Infrastructures Limited announcing its consolidated financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.



