Nila SpacesNSE:NILASPACES -0.31%85 ROE % is 21.54% as of Mar. 2026, which is 931% above its 10-year median of 2.09. GuruFocus rates NSE:NILASPACES with a GF Score™ of 85/100 and a GF Value™ of ₹18.91 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,732 Real Estate companies, Nila Spaces ranks better than 89.2% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nila Spaces's annualized net income for the quarter that ended in Mar. 2026 was ₹368 Mil. Nila Spaces's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,708 Mil. Therefore, Nila Spaces's annualized ROE % for the quarter that ended in Mar. 2026 was 21.54%.
The historical rank and industry rank for Nila Spaces's ROE % or its related term are showing as below:
NSE:NILASPACES'
s ROE % Range Over the Past 10 Years
Min: -3.5 Med: 2.09 Max: 18.36
Current: 18.36
During the past 11 years, Nila Spaces's highest ROE % was 18.36%. The lowest was -3.50%. And the median was 2.09%.
NSE:NILASPACES's ROE % is ranked better than 89.2% of 1732
companies
in the Real Estate industry
Industry Median: 3.97
vs NSE:NILASPACES: 18.36
Nila Spaces (NSE:NILASPACES) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Nila Spaces ROE % Related Terms
Nila Spaces ROE % Historical Data
* Premium members only.
The historical data trend for Nila Spaces's ROE % 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.
For the Real Estate - Development subindustry, Nila Spaces's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Nila Spaces's ROE % distribution charts can be found below:
* The bar in red indicates where Nila Spaces's ROE % falls into.
* 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 the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Nila Spaces (NSE:NILASPACES) has a ROE % of 21.54% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nila Spaces and its competitors. This is 931% above median its historical median of 2.09. According to the industry distribution chart, Nila Spaces ranks #187 out of 1732 companies in the Real Estate industry, placing it in the top 10.8%.
Is Nila Spaces' ROE % too high?
Nila Spaces' current ROE % of 21.54% is 931% above median its 10-year median of 2.09. The Real Estate industry median ROE % is 3.97. Nila Spaces' value of 21.54% is 442.6% above this industry median. Based on the distribution chart, Nila Spaces ranks #187 out of 1732 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Nila Spaces has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nila Spaces' ROE % compare to competitors?
According to the Real Estate industry distribution chart, Nila Spaces ranks #187 out of 1732 companies for ROE %. This places Nila Spaces in the top 11% of its industry — outperforming the majority of peers. The industry median ROE % is 3.97. Nila Spaces' value of 21.54% is 442.6% above this benchmark. While the company's 10-year median is 2.09 vs. the industry median of 3.97, Nila Spaces has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Real Estate company?
The median ROE % among Real Estate companies is 3.97, based on 1,732 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nila Spaces's current ROE % of 21.54% is 442.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nila Spaces and its competitors. For the Real Estate industry, the median ROE % is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nila Spaces's current ROE % is 21.54%, which is 931% above median its own 10-year median of 2.09. 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 ₹18.91, compared to a current price of ₹12.86 — trading 32% below its estimated fair value. The current ROE % is 21.54%, which is 931% above median its 10-year median of 2.09 and 442.6% above the Real Estate industry median of 3.97. Nila Spaces' overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nila Spaces (NSE:NILASPACES), the current ROE % is 21.54% 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 ₹12.86 is trading 32% below its estimated GF Value™ of ₹18.91.
GuruFocus considers Nila Spaces to be Possible Value Trap.
Key valuation signals for NSE:NILASPACES:
ROE %: 21.54% (931% above median its 10-year median of 2.09)
GF Value™: ₹18.91 vs. price of ₹12.86 (32% below fair value)
Industry Position: 442.6% above the Real Estate median (#187 of 1732)
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 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.
85GF Score
Get the complete analysis for NSE:NILASPACES
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:NILASPACES has been successfully added to your 
