Nila Spaces (NSE:NILASPACES) Net-Net Working Capital: ₹-1.32 (As of Mar. 2026)

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NSE:NILASPACES Nila Spaces Ltd NSE:NILASPACES
82 GF Score
Price ₹12.23
GF Value ₹19.29
Valuation Possible Value Trap
! 4 Warning Signs
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What is Nila Spaces Net-Net Working Capital?

Nila Spaces NSE:NILASPACES -4.00% 82 Net-Net Working Capital is ₹-1.32 as of Mar. 2026. GuruFocus rates NSE:NILASPACES with a GF Score™ of 82/100 and a GF Value™ of ₹19.29 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 324 Real Estate companies, Nila Spaces ranks worse than 308641.67% on this metric.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Nila Spaces's Net-Net Working Capital for the quarter that ended in Mar. 2026 was ₹-1.32.

The industry rank for Nila Spaces's Net-Net Working Capital or its related term are showing as below:

NSE:NILASPACES's Price-to-Net-Net-Working-Capital is not ranked *
in the Real Estate industry.
Industry Median: 4.36
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Nila Spaces  (NSE:NILASPACES) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Nila Spaces Net-Net Working Capital Related Terms


Nila Spaces Net-Net Working Capital Historical Data

* Premium members only.

The historical data trend for Nila Spaces's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nila Spaces Net-Net Working Capital Chart

Nila Spaces Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 -0.08 -0.48 -1.52 -1.32

Nila Spaces Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.52 0.00 -1.43 0.00 -1.32

Nila Spaces Net-Net Working Capital Competitor Comparison

For the Real Estate - Development subindustry, Nila Spaces's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nila Spaces Price-to-Net-Net-Working-Capital vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nila Spaces's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Nila Spaces's Price-to-Net-Net-Working-Capital falls into.


NSE:NILASPACES
82GF Score
Nila Spaces Ltd NSE:NILASPACES
Net-Net Working Capital is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nila Spaces Net-Net Working Capital Calculation

Nila Spaces's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net-Net Working Capital(A: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(131.824+0.75 * 10.361+0.5 * 2551.14-1935.078
-0-1.643)/393.889
=-1.32

Nila Spaces's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2026 is calculated as

Net-Net Working Capital(Q: Mar. 2026 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(131.824+0.75 * 10.361+0.5 * 2551.14-1935.078
-0-1.643)/393.889
=-1.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.

What does a Net-Net Working Capital of ₹-1.32 mean?
Nila Spaces (NSE:NILASPACES) has a Net-Net Working Capital of ₹-1.32 as of Mar. 2026. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Nila Spaces According to the industry distribution chart, Nila Spaces ranks #999999 out of 324 companies in the Real Estate industry.
Is Nila Spaces' Net-Net Working Capital too high?
Nila Spaces' current Net-Net Working Capital is ₹-1.32. Based on the distribution chart, Nila Spaces ranks #999999 out of 324 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Nila Spaces has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nila Spaces' Net-Net Working Capital compare to competitors?
According to the Real Estate industry distribution chart, Nila Spaces ranks #999999 out of 324 companies for Net-Net Working Capital. This places Nila Spaces in the lower half of its industry. The industry median Net-Net Working Capital is 4.36. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net-Net Working Capital for a Real Estate company?
The median Net-Net Working Capital among Real Estate companies is 4.36, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Net-Net Working Capital significantly above this median, while those in the bottom quartile fall well below. However, Net-Net Working Capital should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net-Net Working Capital mean?
A high Net-Net Working Capital can signal that a stock is expensive relative to its fundamentals. Ben Graham defined net-net working capital as the per-share sum of cash, 75% of receivables and 50% of inventory less total liabilities. View historical data on Nila Spaces For the Real Estate industry, the median Net-Net Working Capital is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nila Spaces's current Net-Net Working Capital is ₹-1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nila Spaces stock overvalued right now?
Based on GuruFocus' analysis, Nila Spaces (NSE:NILASPACES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹19.29, compared to a current price of ₹12.23 — trading 36.6% below its estimated fair value. The current Net-Net Working Capital is ₹-1.32. Nila Spaces' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net-Net Working Capital calculated?
Net-Net Working Capital is calculated from a company's financial statements. For Nila Spaces (NSE:NILASPACES), the current Net-Net Working Capital is ₹-1.32 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nila Spaces (NSE:NILASPACES) Overvalued in 2026?

Based on GuruFocus' analysis, Nila Spaces stock appears to be undervalued. The current stock price of ₹12.23 is trading 36.6% below its estimated GF Value™ of ₹19.29. GuruFocus considers Nila Spaces to be Possible Value Trap.

Key valuation signals for NSE:NILASPACES:

  • Net-Net Working Capital: ₹-1.32
  • GF Value™: ₹19.29 vs. price of ₹12.23 (36.6% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the NSE:NILASPACES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nila Spaces Business Description

Other Exchanges 542231:India
Address 1st Floor, Sambhaav House, Opposite Chief Justices Bungalow, Bodakdev, Ahmedabad, GJ, IND, 380015
Nila Spaces Ltd is a real estate development company. It is engaged in developing real estate, which comprises residential and commercial projects. It operates under one segment, Construction and Development of Buildings for sale and other Real Estate activities.
82GF Score

Get the complete analysis for NSE:NILASPACES

Net-Net Working Capital is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹12.23
Price
₹19.29
GF Value