Noida / Greater Noida, July 13: Nimbus Projects Limited one of North India’s real estate developers, today announced a strong operational performance for the first quarter of FY 2026-27, reporting 134.31percentage year-on-year growth in pre-sales booking value, supported by robust residential demand, healthy customer collections, and continued execution across its project portfolio.
The Company recorded pre-sales booking value of Rs.157.36 crore during Q1 FY27, compared with Rs.67.16 crore in the corresponding quarter of the previous financial year. Customer collections also increased significantly to Rs.75.91 crore from Rs.50.69 crore, registering a growth of 49.75percentage, reflecting improved cash flow realization, sustained customer confidence, and efficient project execution.
The strong quarterly performance demonstrates the Company’s disciplined execution strategy, customer-centric approach, and growing brand recognition in the rapidly expanding real estate markets of Noida, Greater Noida and the Yamuna Expressway region, which continue to benefit from large-scale infrastructure development, enhanced connectivity, and increasing end-user demand.
Key Operational Highlights – Q1 FY27
|
Particulars |
Q1 FY 25-26 |
Q1 FY 26-27 |
Growth |
|
Presales Booking Value (INR Cr.) |
67.16 |
157.36 |
134.31% |
|
Customer Collection (INR Cr.) |
50.69 |
75.91 |
49.75% |
The Company’s operational performance reflects resilient demand from both end-users and investors, supported by improving market fundamentals and infrastructure-led growth across the National Capital Region .
Commenting on the Performance, Mr. Bipin Agarwal, Chairman and Managing Director, said:
“The strong growth in pre-sales reflects sustained homebuyer confidence and healthy demand across our key markets. Our focus on timely execution and a disciplined sales strategy continues to support the steady conversion of bookings into collections, strengthening our cash flow position.
Looking ahead, the NCR, particularly Noida, Greater Noida and the Yamuna Expressway corridor, is witnessing unprecedented infrastructure-led transformation. The launch of Noida International Airport, Ganga Expressway, expanding metro connectivity, industrial and logistics hubs, along with the proposed Japan City and Singapore City developments, have the potential to significantly enhance the region’s investment appeal and reinforce long-term demand for quality residential and mixed-use developments.
As part of our long-term growth strategy, Nimbus is expanding beyond the NCR into high-potential markets across Uttar Pradesh. We have recently signed a Memorandum of Understanding (MoU) for the development of an integrated township project in Mathura, one of India’s most revered holy cities, under the Uttar Pradesh Township Policy, 2023. We believe Mathura’s growing religious tourism, improving infrastructure and increasing demand for organised real estate make it an attractive long-term growth market.
Building on this milestone, we are actively evaluating opportunities in other high-growth Tier II and Tier III cities, including Meerut, Vrindavan, Hapur, Rudrapur, Muzaffarnagar, Bareilly and Rohtak, through integrated townships and mixed-use developments. With our disciplined execution capabilities and customer-first philosophy, Nimbus is well-positioned to capitalize on these emerging opportunities while creating sustainable long-term value for our customers, investors and all stakeholders.”