Nila Spaces Limited (NILASPACES) - Net Assets
Based on the latest financial reports, Nila Spaces Limited (NILASPACES) has net assets worth Rs1.71 Billion INR (≈ $18.49 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs3.64 Billion ≈ $39.41 Million USD) and total liabilities (Rs1.94 Billion ≈ $20.93 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Nila Spaces Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs1.71 Billion |
| % of Total Assets | 46.9% |
| Annual Growth Rate | 111.1% |
| 5-Year Change | 44.57% |
| 10-Year Change | 19.14% |
| Growth Volatility | 135711.65 |
Nila Spaces Limited - Net Assets Trend (2014–2026)
This chart illustrates how Nila Spaces Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see NILASPACES stock market capitalisation.
Annual Net Assets for Nila Spaces Limited (2014–2026)
The table below shows the annual net assets of Nila Spaces Limited from 2014 to 2026. Also explore Nila Spaces Limited (NILASPACES) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs1.71 Billion ≈ $18.49 Million |
+20.19% |
| 2025-03-31 | Rs1.42 Billion ≈ $15.38 Million |
+11.48% |
| 2024-03-31 | Rs1.28 Billion ≈ $13.80 Million |
+11.73% |
| 2023-03-31 | Rs1.14 Billion ≈ $12.35 Million |
-3.43% |
| 2022-03-31 | Rs1.18 Billion ≈ $12.79 Million |
-0.09% |
| 2021-03-31 | Rs1.18 Billion ≈ $12.80 Million |
-1.95% |
| 2020-03-31 | Rs1.21 Billion ≈ $13.05 Million |
+1.72% |
| 2019-03-31 | Rs1.19 Billion ≈ $12.83 Million |
+2.47% |
| 2018-03-31 | Rs1.16 Billion ≈ $12.52 Million |
-19.29% |
| 2017-03-31 | Rs1.43 Billion ≈ $15.52 Million |
+5.35% |
| 2016-03-31 | Rs1.36 Billion ≈ $14.73 Million |
+491028.23% |
| 2015-03-31 | Rs277.28K ≈ $3.00K |
+27.02% |
| 2014-03-31 | Rs218.30K ≈ $2.36K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nila Spaces Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 109369900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs393.89 Million | 23.07% |
| Other Components | Rs1.31 Billion | 76.93% |
| Total Equity | Rs1.71 Billion | 100.00% |
Nila Spaces Limited Competitors by Market Cap
The table below lists competitors of Nila Spaces Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asian Phytoceuticals Public Company Limited
BK:APCO
|
$47.13 Million |
|
PJ Metal Co. Ltd
KQ:128660
|
$47.15 Million |
|
AC S.A.
WAR:ACG
|
$47.16 Million |
|
Elauwit Connection, Inc. Common Stock
NASDAQ:ELWT
|
$47.17 Million |
|
Jourdeness Group Ltd
TW:4190
|
$47.10 Million |
|
Ado Optronics
TWO:3516
|
$47.10 Million |
|
Nam Hwa Construction Co.Ltd
KQ:091590
|
$47.10 Million |
|
Dae Won Chem
KO:024890
|
$47.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nila Spaces Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,422,758,000 to 1,707,689,000, a change of 284,931,000 (20.0%).
- Net income of 285,427,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 754,755,000.
- Other factors increased equity by 754,259,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs285.43 Million | +16.71% |
| Other Comprehensive Income | Rs-754.75 Million | -44.2% |
| Other Changes | Rs754.26 Million | +44.17% |
| Total Change | Rs- | 20.03% |
Book Value vs Market Value Analysis
This analysis compares Nila Spaces Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.53x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4030.42x to 2.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-03-31 | Rs0.00 | Rs11.06 | x |
| 2015-03-31 | Rs0.00 | Rs11.06 | x |
| 2016-03-31 | Rs17.03 | Rs11.06 | x |
| 2017-03-31 | Rs3.64 | Rs11.06 | x |
| 2018-03-31 | Rs2.94 | Rs11.06 | x |
| 2019-03-31 | Rs3.01 | Rs11.06 | x |
| 2020-03-31 | Rs3.06 | Rs11.06 | x |
| 2021-03-31 | Rs3.00 | Rs11.06 | x |
| 2022-03-31 | Rs3.00 | Rs11.06 | x |
| 2023-03-31 | Rs2.90 | Rs11.06 | x |
| 2024-03-31 | Rs3.23 | Rs11.06 | x |
| 2025-03-31 | Rs3.57 | Rs11.06 | x |
| 2026-03-31 | Rs4.37 | Rs11.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nila Spaces Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.43%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.13x
- Recent ROE (16.71%) is above the historical average (2.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -9.11% | 0.00% | 0.00x | 1.24x | Rs-41.72K |
| 2015 | 0.35% | 3.51% | 0.08x | 1.26x | Rs-26.75K |
| 2016 | 0.00% | 0.00% | 0.00x | 1.44x | Rs-136.20 Million |
| 2017 | 5.08% | 27.06% | 0.13x | 1.50x | Rs-70.57 Million |
| 2018 | 1.21% | 7.08% | 0.10x | 1.64x | Rs-101.79 Million |
| 2019 | 2.44% | 30.48% | 0.04x | 1.78x | Rs-89.76 Million |
| 2020 | 1.70% | 2.34% | 0.60x | 1.21x | Rs-100.14 Million |
| 2021 | -2.01% | -5.27% | 0.30x | 1.26x | Rs-142.13 Million |
| 2022 | -0.10% | -2.28% | 0.04x | 1.05x | Rs-119.44 Million |
| 2023 | -3.56% | -401.89% | 0.01x | 1.59x | Rs-154.81 Million |
| 2024 | 10.52% | 14.80% | 0.39x | 1.80x | Rs6.65 Million |
| 2025 | 10.35% | 10.84% | 0.44x | 2.19x | Rs4.99 Million |
| 2026 | 16.71% | 15.43% | 0.51x | 2.13x | Rs114.66 Million |
Industry Comparison
This section compares Nila Spaces Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,569,187,091
- Average return on equity (ROE) among peers: 17.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nila Spaces Limited (NILASPACES) | Rs1.71 Billion | -9.11% | 1.13x | $47.11 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $5.57 Billion | 11.60% | 1.58x | $257.14 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.39 Billion | 11.91% | 1.37x | $16.72 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $14.32 Billion | 4.96% | 2.51x | $6.69 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $2.03 Billion | 20.37% | 3.21x | $113.52 Million |
| Arkade Developers Ltd (ARKADE) | $2.00 Billion | 25.34% | 1.77x | $251.95 Million |
| Art Nirman Limited (ARTNIRMAN) | $450.00 Million | 0.05% | 0.40x | $10.79 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $28.40 Million | 95.23% | 13.74x | $304.59 Million |
| Ashiana Housing Limited (ASHIANA) | $7.64 Billion | 2.39% | 3.57x | $423.66 Million |
| Ashima Limited (ASHIMASYN) | $-2.18 Billion | 0.00% | 0.00x | $33.08 Million |
| Valor Estate Limited (DBREALTY) | $34.45 Billion | -0.72% | 1.14x | $587.06 Million |
About Nila Spaces Limited
Nila Spaces Limited engages in the real estate development activities. It is involved in the construction and development of residential buildings. The company was formerly known as Parmananday Superstructure Limited and changed its name to Nila Spaces Limited in November 2017. The company was incorporated in 2000 and is headquartered in Ahmedabad, India.