NIBE Ltd.

•

nibelimited.comBSE: 535136NSE: NIBE

Market Cap₹ 1,987 Cr.

Current Price

High / Low₹ 1,848 / 810

Stock P/E468.6

Book Value₹ 267

Price to Book6.72

Dividend Yield0.10 %

ROCE17.6 %

ROE14.3 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Capital Goods

Buy

Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.

Confidence

72%

View full sector analysis →

PROS

Promoters have been increasing their shareholding - up 2.3pp over 2 years
Company has delivered good sales growth of 219.7% CAGR over last 5 years
Institutional investors have been accumulating - FII+DII up 2.7pp
Company maintains a comfortable, low leverage position

CONS

Receivables are growing faster than sales - a possible quality concern
Recent results are weak - TTM profit is down 81.9% versus prior year
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.08x)
Free cash flow has been persistently negative
Equity base is being diluted - shares outstanding up 37.2%
Operating margins have contracted to 12.2% from 17.1%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Capital GoodsCapital GoodsAerospace & Defense

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	HAL	4898.75	35.15	327616.15	0.92	1589.66	14.88	5515.17	14.45	31.99	27.89
2.	BEL	405.50	48.23	296411.53	0.62	1054.53	8.82	5546.98	24.94	36.68	25.22
3.	BDL	1190.50	83.80	43639.27	0.41	118.79	547.36	572.24	147.63	13.91	14.52
4.	DATAPATTNS	4832.90	3517.81	27056.49	0.21	220.60	765.10	1160.30	1068.13	23.18	27.04
5.	ASTRAMICRO	1677.95	84.27	15931.30	0.14	12.35	-24.12	176.66	-11.55	20.29	20.40
6.	APOLLO	421.95	129.24	15679.64	0.06	25.22	42.58	251.29	88.12	14.52	21.38
7.	ZENTEC	1722.85	86.35	15556.12	0.06	31.85	-39.99	141.64	-10.48	16.83	27.13
8.	AEQUS	226.05	304.43	15160.40	0.00	-532.28	-6067.26	3955.45	1486.69	1.50	4.47
9.	PARAS	1433.00	122.27	11548.16	0.07	20.74	45.34	127.91	37.26	18.68	24.95
10.	UNIMECH	1609.30	113.74	8191.66	0.00	27.86	45.70	107.62	70.85	12.10	36.35
11.	AXISCADES	1831.10	214.34	7788.31	0.00	-14.76	-170.76	183.35	-24.77	14.56	4.73
12.	NIBE	1282.10	468.64	1987.48	0.10	-12.00	-1250.24	63.01	-23.62	17.98	-15.12

Detailed Comparison with:

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	26	41	63	149	109	127	139	106	81	63	38	235	57
	22	35	56	129	94	109	131	90	71	65	45	181	71
Operating Profit	4	6	7	20	15	18	8	16	10	-3	-7	54	-14
OPM %	14.02%	14.38%	11.36%	13.58%	14.17%	14.46%	5.93%	15.23%	12.61%	-4.09%	-19.29%	22.88%	-24.76%
	0	0	1	0	1	1	1	1	1	1	1	2	2
Interest	1	1	1	1	2	2	2	2	2	2	4	7	3
Depreciation	1	1	1	3	4	4	4	4	4	4	5	5	3
Profit before Tax	2	4	6	17	11	13	3	11	5	-7	-15	44	-12
Tax %	32.29%	22.76%	19.35%	26.92%	27.82%	25.63%	9.58%	37.26%	27.70%	33.02%	12.83%	27.59%	24.88%
Net Profit	1	3	5	12	8	9	3	7	4	-5	-13	32	-9
	1.10	2.83	4.11	9.28	5.99	6.80	1.98	4.81	2.69	-3.44	-9.22	21.70	-5.99

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	9	3	5	2	1	3	21	105	279	481	393
	8	3	5	2	2	2	19	96	242	423	363
Operating Profit	0	0	-0	-0	-1	0	2	9	37	59	30
OPM %	3.27%	6.20%	-0.67%	-16.79%	-50.15%	5.35%	11.04%	8.11%	13.24%	12.18%	7.59%
	0	0	0	0	0	0	1	5	3	3	7
Interest	0	0	0	0	0	0	1	3	4	8	16
Depreciation	0	0	0	0	0	0	3	4	6	16	18
Profit before Tax	0	0	0	0	-0	0	-0	6	29	38	9
Tax %	30.75%	42.56%	42.03%	118.60%	-5.28%	31.27%	-33.93%	27.11%	24.99%	28.30%	52.30%
Net Profit	0	0	0	-0	-0	0	-0	5	22	27	4
EPS	0.00	0.00	0.00	0.00	0.00	0.12	-0.43	4.32	16.80	18.86	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	2.59%	5.95%	6.63%	—

COMPOUNDED SALES GROWTH

10 Years:: 46%
5 Years:: 220%
3 Years:: 183%

COMPOUNDED PROFIT GROWTH

10 Years:: 76%
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: 9%

RETURN ON EQUITY

10 Years:: 4%
5 Years:: 9%
3 Years:: 15%
Last Year:: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	10	10	10	10	10	10	10	12	13	14
	0	0	0	0	-0	0	-0	55	141	208
	1	0	0	0	0	2	9	28	64	61
Trade Payables	1	0	0	0	0	0	4	3	23	79
	0	0	0	0	-0	0	17	58	50	36
Total Liabilities	12	11	11	11	10	12	41	156	291	398
	0	0	0	0	0	0	12	39	111	129
Capital Work in Progress	0	0	0	0	0	0	0	10	22	27
	4	1	0	1	0	2	0	6	21	16
	4	5	5	3	6	6	12	9	23	12
	0	0	0	0	0	0	0	0	38	144
Cash & Bank	0	1	1	0	0	0	1	13	11	5
	4	3	5	7	4	4	15	78	65	66
Total Assets	12	11	11	11	10	12	41	156	291	398

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	1	0	-0	1	-3	0	6	-7	5	7
Cash from Investing	-0	2	-0	-1	3	-1	1	-62	-105	-35
Cash from Financing	-0	-1	-0	-0	-0	2	-5	77	102	22
	-0	1	-0	-0	-0	0	1	7	2	-5

Ratios

Standalone Figures in Rs. Crores / View Consolidated

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	49.96	53.08	53.08	53.08	53.74	54.93	55.01	53.39	52.27
	9.58	7.80	8.27	8.72	7.81	4.77	5.99	8.67	10.59
	0.74	0.49	0.46	0.45	0.59	0.70	0.35	0.35	0.55
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	39.72	38.64	38.19	37.76	37.85	39.60	38.65	37.59	36.60

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-08

Copy of Newspaper Publication

2026-09-08 - NIBE Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-07

General Updates

2026-09-07 - Letter to Shareholders pursuant to Regulation 36(1)(b) of SEBI (LODR) Regulation, 2015

2026-09-07

Shareholders meeting

2026-09-07 - NIBE Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 29, 2026

2026-09-05

Copy of Newspaper Publication

2026-09-05 - NIBE Limited has informed the Exchange about Copy of Newspaper Publication

2026-09-04

General Updates

2026-09-04 - NIBE Limited has informed the Exchange about Intimation for 21st Annual General Meeting (AGM) scheduled to be held on Tuesday, September 29, 2026.

2026-09-04

Record Date

2026-09-04 - NIBE Limited has informed the Exchange that Record date for the purpose of Dividend is 22-Sep-2026.

2026-08-18

Bagging/Receiving of orders/contracts

2026-08-18 - NIBE Limited has informed the Exchange that Nibe Space Private Limited (Subsidiary Company) has received Letter of Award.

2026-08-15

Copy of Newspaper Publication

2026-08-15 - NIBE Limited has informed the Exchange about Copy of Newspaper Publication regarding Unaudited Financial Results (Standalone and Consolidated) for the quarter ended June 30, 2026

2026-08-14

Monitoring Agency Report

2026-08-14 - Nibe Limited has informed about Monitoring Agency Report for June 30, 2026

News

Recent coverage and analyst commentary for NIBE

Loading news…

🤖

AI Stock Analyst

NIBE Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

HAL

4898.75

35.15

327616.15

0.92

1589.66

14.88

5515.17

14.45

31.99

27.89

BEL

405.50

48.23

296411.53

0.62

1054.53

8.82

5546.98

24.94

36.68

25.22

BDL

1190.50

83.80

43639.27

0.41

118.79

547.36

572.24

147.63

13.91

14.52

DATAPATTNS

4832.90

3517.81

27056.49

0.21

220.60

765.10

1160.30

1068.13

23.18

27.04

ASTRAMICRO

1677.95

84.27

15931.30

0.14

12.35

-24.12

176.66

-11.55

20.29

20.40

APOLLO

421.95

129.24

15679.64

0.06

25.22

42.58

251.29

88.12

14.52

21.38

ZENTEC

1722.85

86.35

15556.12

0.06

31.85

-39.99

141.64

-10.48

16.83

27.13

AEQUS

226.05

304.43

15160.40

0.00

-532.28

-6067.26

3955.45

1486.69

1.50

4.47

PARAS

1433.00

122.27

11548.16

0.07

20.74

45.34

127.91

37.26

18.68

24.95

UNIMECH

1609.30

113.74

8191.66

0.00

27.86

45.70

107.62

70.85

12.10

36.35

AXISCADES

1831.10

214.34

7788.31

0.00

-14.76

-170.76

183.35

-24.77

14.56

4.73

NIBE

1282.10

468.64

1987.48

0.10

-12.00

-1250.24

63.01

-23.62

17.98

-15.12

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

149

109

127

139

106

235

129

109

131

181

Operating Profit

-3

-7

-14

OPM %

14.02%

14.38%

11.36%

13.58%

14.17%

14.46%

5.93%

15.23%

12.61%

-4.09%

-19.29%

22.88%

-24.76%

Interest

Depreciation

Profit before Tax

-7

-15

-12

Tax %

32.29%

22.76%

19.35%

26.92%

27.82%

25.63%

9.58%

37.26%

27.70%

33.02%

12.83%

27.59%

24.88%

Net Profit

-5

-13

-9

1.10

2.83

4.11

9.28

5.99

6.80

1.98

4.81

2.69

-3.44

-9.22

21.70

-5.99

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

TTM

105

279

481

393

242

423

363

Operating Profit

-0

-1

OPM %

3.27%

6.20%

-0.67%

-16.79%

-50.15%

5.35%

11.04%

8.11%

13.24%

12.18%

7.59%

Interest

Depreciation

Profit before Tax

-0

Tax %

30.75%

42.56%

42.03%

118.60%

-5.28%

31.27%

-33.93%

27.11%

24.99%

28.30%

52.30%

Net Profit

-0

EPS

0.00

0.12

-0.43

4.32

16.80

18.86

—

Dividend Payout %

0.00%

2.59%

5.95%

6.63%

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

-0

141

208

Trade Payables

-0

Total Liabilities

156

291

398

111

129

Capital Work in Progress

144

Cash & Bank

Total Assets

156

291

398

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-0

-3

-7

Cash from Investing

-0

-1

-62

-105

-35

Cash from Financing

-0

-1

-0

-5

102

-0

-5

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

49.96

53.08

53.74

54.93

55.01

53.39

52.27

9.58

7.80

8.27

8.72

7.81

4.77

5.99

8.67

10.59

0.74

0.49

0.46

0.45

0.59

0.70

0.35

0.55

Government

0.00

39.72

38.64

38.19

37.76

37.85

39.60

38.65

37.59

36.60

NIBE Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

NIBE Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI