Nimbus Projects Partnership

Nimbus Projects Debt & Borrowing: ₹60 Cr

Nimbus Projects' board finalised terms for a Rs 60 Crore unsecured loan from associate Nimbus (India) Limited. The loan carries 12% interest for two years.

Value

₹60.00 Cr

Execution

2 years

Nimbus Projects Management Change

Nimbus Projects Ltd's Chairman Bipin Agarwal is stepping down from the Chairman role effective November 5, 2026, while remaining Managing Director. No change to his directorship, MD role or remuneration.

Nimbus Projects Investor Presentation: Key Takeaways

Q2 FY27 revenue ₹69.2mn (+58% YoY) but Adj EBITDA ₹(55.3)mn and PAT ₹(88.7)mn loss. Net debt ₹2,674mn, 0.76x D/E. Management targets ₹9,022mn PAT by FY29 via ongoing and new projects.

Call

Guides 94% growth

Nimbus Projects Q2 FY27 Results: Net Loss of ₹8.4 Cr

Nimbus Projects Ltd reported revenue from operations of ₹6.9 Cr (+56.8% YoY) and a net loss of ₹8.4 Cr for Q2 FY27.

Key figure

Net loss ₹8.4 Cr

Nimbus Projects Board Meeting Date

Nimbus Projects Ltd announced a board meeting for November 5, 2026, to approve Q1 and H1 FY27 results. No financial figures have been disclosed yet.

Nimbus Projects Promoter Reclassification

Nimbus Projects reclassified four individuals from the Promoter category to the Public category, following approval from BSE and NSE. The promoter count reduced from 18 to 14.

Adani Enterprises Partnership

Adani's Kutch Copper signed a non-binding MoU with Codelco for a strategic exploration partnership at Chile's Kaburkaala copper project. No monetary value or investment amount is disclosed.

delaPlex Partnership

Delaplex Limited announced a strategic partnership with UKG to deliver workforce management consulting and implementation across India and Asia-Pacific. No monetary value or financial impact was disclosed.

Annu Projects Partnership

Annu Projects signed an MoU with GEIE Solar Products to supply materials for a JVVNL rooftop solar project. No Annu-specific consideration is stated.

Odyssey Corporation Partnership

Odyssey Corporation signed an MOU with Sinton Agribid Trading for agricultural commodity trading. The partner returns the invested capital plus a minimum profit and bears any shortfall.

Adarsh Plant Protect Partnership

Adarsh Plant Protect signed an MoU with Rapid Group and Smart Solar to form a contractual joint venture. The venture targets Nepal cook stove supply tenders.

Everest Kanto Cylinder Partnership

Everest Kanto's subsidiary EKC Egypt signed an MoU with CARGAS to study CNG transport unit manufacturing. No monetary value or orders have been committed yet.

Execution

One-year framework MoU, renewable for additional periods