Nahar Capital And Financial Services Ltd.

•

₹ 255.090%

2026-08-21

owmnahar.comBSE: 532952NSE: NAHARCAP

Market Cap₹ 430 Cr.

Current Price₹ 255

High / Low₹ 307 / 191

Stock P/E3.6

Book Value₹ 979

Price to Book0.24

Dividend Yield0.58 %

ROCE3.8 %

ROE3.2 %

Face Value₹ 5

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ABOUT

KEY POINTS

Revenue Breakup Mar 2025 • Investment/Financial Activity: 87.8% • Real Estate Activity: 12.2%

PROS

Company has delivered good profit growth of 35.1% CAGR over last 5 years
Comfortable capital adequacy - CAR of 95.0%
Solid return on assets for a lender - ROA of 3.3%
Asset quality is healthy - gross NPA of just 0.0%
Company has consistently been profitable over the last 5 years

CONS

Recent results are weak - TTM profit is down 21.3% versus prior year
A large part of profit comes from other income (34.8% of PBT)
Company has a low return on capital employed of 3.6%
Company has a low return on equity of 3.6% over last 3 years
Operating margins have contracted to 63.2% from 117.8%
Thin net interest margin of 0.0%

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

Peer comparison

EDIT COLUMNS

Financial ServicesFinanceFinance - NBFC

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

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	BAJFINANCE	1078.60	33.07	671531.43	0.56	6080.60	27.60	23165.45	20.37	10.87	70.70
2.	SHRIRAMFIN	1104.90	22.97	259981.15	0.98	3452.77	59.90	13400.43	17.46	11.49	74.63
3.	JIOFIN	242.70	77.55	160258.25	0.25	830.25	155.73	2004.47	227.28	2.11	69.71
4.	CHOLAFIN	1866.25	27.72	159390.07	0.11	1656.22	45.56	8856.29	21.89	9.70	70.07
5.	TATACAP	365.15	28.68	155001.39	0.16	16281.80	1464.16	88219.30	1051.00	8.66	75.72
6.	BAJAJHLDNG	11322.85	14.23	126015.97	1.72	2708.08	-92.27	394.33	23.34	14.81	684.72
7.	MUTHOOTFIN	2859.20	10.09	114787.87	1.05	2824.84	43.08	8671.60	36.25	15.87	83.76
8.	ABCAPITAL	396.75	26.46	108592.29	0.00	1223.85	43.85	12179.54	137.84	8.82	41.91
9.	LTF	315.00	24.80	78940.44	0.87	915.99	30.70	5212.92	22.38	8.54	62.13
10.	SBICARD	626.30	0.00	59601.37	0.40	664.44	19.51	5040.55	7.60	11.75	29.83
11.	HDBFS	681.15	26.00	56579.31	0.59	785.20	38.31	4937.90	18.71	9.09	57.98
12.	NAHARCAP	256.81	3.61	430.06	0.58	67.44	-41.26	9.39	90.16	3.78	447.43

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	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
	4	6	2	5	5	10	3	3	5	9	4	6	9
	2	3	2	2	2	3	2	2	3	3	3	4	4
Operating Profit	—	—	—	—	—	—	—	—	—	—	—	—	—
OPM %	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Income	8	5	10	5	11	7	0	2	9	5	9	-3	9
Interest	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0
	11	10	12	9	15	16	2	2	12	11	11	0	51
Tax %	23.73%	7.15%	5.70%	-10.39%	55.86%	23.05%	-45.73%	-108.82%	128.02%	-23.99%	13.35%	2600.00%	-33.54%
Net Profit	0	0	0	0	117	10	65	212	115	20	13	182	67
	-1	3	-0	5	7	6	4	13	7	12	8	11	4
Equity Capital	8	8	8	8	8	8	8	8	8	8	8	8	8
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Equity Capital	8	8	8	8	8	8	8	8	8	8	8	8	8
Reserves	0	0	0	0	0	0	0	0	0	0	0	0	0
Promoter Pledge %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Jun 2023

: 4
: 2
Operating Profit: —
OPM %: —
Other Income: 8
Interest: 0
Depreciation: 0
: 11
Tax %: 23.73%
Net Profit: 0
: -1
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2023

: 6
: 3
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 0
Depreciation: 0
: 10
Tax %: 7.15%
Net Profit: 0
: 3
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2023

: 2
: 2
Operating Profit: —
OPM %: —
Other Income: 10
Interest: 0
Depreciation: 0
: 12
Tax %: 5.70%
Net Profit: 0
: -0
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2024

: 5
: 2
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 0
Depreciation: 0
: 9
Tax %: -10.39%
Net Profit: 0
: 5
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2024

: 5
: 2
Operating Profit: —
OPM %: —
Other Income: 11
Interest: 0
Depreciation: 0
: 15
Tax %: 55.86%
Net Profit: 117
: 7
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2024

: 10
: 3
Operating Profit: —
OPM %: —
Other Income: 7
Interest: 0
Depreciation: 0
: 16
Tax %: 23.05%
Net Profit: 10
: 6
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2024

: 3
: 2
Operating Profit: —
OPM %: —
Other Income: 0
Interest: 0
Depreciation: 0
: 2
Tax %: -45.73%
Net Profit: 65
: 4
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2025

: 3
: 2
Operating Profit: —
OPM %: —
Other Income: 2
Interest: 0
Depreciation: 0
: 2
Tax %: -108.82%
Net Profit: 212
: 13
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2025

: 5
: 3
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 0
Depreciation: 0
: 12
Tax %: 128.02%
Net Profit: 115
: 7
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Sep 2025

: 9
: 3
Operating Profit: —
OPM %: —
Other Income: 5
Interest: 0
Depreciation: 0
: 11
Tax %: -23.99%
Net Profit: 20
: 12
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Dec 2025

: 4
: 3
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 0
Depreciation: 0
: 11
Tax %: 13.35%
Net Profit: 13
: 8
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Mar 2026

: 6
: 4
Operating Profit: —
OPM %: —
Other Income: -3
Interest: 0
Depreciation: 0
: 0
Tax %: 2600.00%
Net Profit: 182
: 11
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Jun 2026

: 9
: 4
Operating Profit: —
OPM %: —
Other Income: 9
Interest: 0
Depreciation: 0
: 51
Tax %: -33.54%
Net Profit: 67
: 4
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%
Equity Capital: 8
Reserves: 0
Promoter Pledge %: 0.00%

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
	7	15	14	10	13	22	30	26	24	26	29
	11	15	6	10	9	5	8	8	8	10	14
Operating Profit	12	27	21	15	12	41	35	26	43	37	—
OPM %	185	187	149	145	93	187	118	101	181	141	—
Other Income	17	27	13	14	9	25	13	8	28	20	21
Interest	0	0	0	0	1	0	0	0	0	0	1
Depreciation	0	0	0	0	1	1	1	1	1	1	1
	12	27	20	14	11	84	306	93	15	58	73
Tax %	16	18	-5	41	-1	27	26	-14	21	15	-21
Net Profit	10	22	21	8	11	61	226	107	12	50	89
EPS	0	0	0	0	0	36	135	64	7	30	—
Dividend Payout %	6	4	13	10	23	4	2	2	21	5	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	30	41	-3	17	-7	0	0	0	0	0	67
Adjusted EPS	24	38	11	15	2	36	135	64	7	30	—
Minority Interest	0	0	0	0	0	0	0	0	0	0	0
Share of Associates	30	41	-3	17	-7	0	0	0	0	0	67
Adjusted EPS	24	38	11	15	2	36	135	64	7	30	—

Mar 2016

: 7
: 11
Operating Profit: 12
OPM %: 185
Other Income: 17
Interest: 0
Depreciation: 0
: 12
Tax %: 16
Net Profit: 10
EPS: 0
Dividend Payout %: 6
Minority Interest: 0
Share of Associates: 30
Adjusted EPS: 24
Minority Interest: 0
Share of Associates: 30
Adjusted EPS: 24

Mar 2017

: 15
: 15
Operating Profit: 27
OPM %: 187
Other Income: 27
Interest: 0
Depreciation: 0
: 27
Tax %: 18
Net Profit: 22
EPS: 0
Dividend Payout %: 4
Minority Interest: 0
Share of Associates: 41
Adjusted EPS: 38
Minority Interest: 0
Share of Associates: 41
Adjusted EPS: 38

Mar 2018

: 14
: 6
Operating Profit: 21
OPM %: 149
Other Income: 13
Interest: 0
Depreciation: 0
: 20
Tax %: -5
Net Profit: 21
EPS: 0
Dividend Payout %: 13
Minority Interest: 0
Share of Associates: -3
Adjusted EPS: 11
Minority Interest: 0
Share of Associates: -3
Adjusted EPS: 11

Mar 2019

: 10
: 10
Operating Profit: 15
OPM %: 145
Other Income: 14
Interest: 0
Depreciation: 0
: 14
Tax %: 41
Net Profit: 8
EPS: 0
Dividend Payout %: 10
Minority Interest: 0
Share of Associates: 17
Adjusted EPS: 15
Minority Interest: 0
Share of Associates: 17
Adjusted EPS: 15

Mar 2020

: 13
: 9
Operating Profit: 12
OPM %: 93
Other Income: 9
Interest: 1
Depreciation: 1
: 11
Tax %: -1
Net Profit: 11
EPS: 0
Dividend Payout %: 23
Minority Interest: 0
Share of Associates: -7
Adjusted EPS: 2
Minority Interest: 0
Share of Associates: -7
Adjusted EPS: 2

Mar 2021

: 22
: 5
Operating Profit: 41
OPM %: 187
Other Income: 25
Interest: 0
Depreciation: 1
: 84
Tax %: 27
Net Profit: 61
EPS: 36
Dividend Payout %: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 36
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 36

Mar 2022

: 30
: 8
Operating Profit: 35
OPM %: 118
Other Income: 13
Interest: 0
Depreciation: 1
: 306
Tax %: 26
Net Profit: 226
EPS: 135
Dividend Payout %: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 135
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 135

Mar 2023

: 26
: 8
Operating Profit: 26
OPM %: 101
Other Income: 8
Interest: 0
Depreciation: 1
: 93
Tax %: -14
Net Profit: 107
EPS: 64
Dividend Payout %: 2
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 64
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 64

Mar 2024

: 24
: 8
Operating Profit: 43
OPM %: 181
Other Income: 28
Interest: 0
Depreciation: 1
: 15
Tax %: 21
Net Profit: 12
EPS: 7
Dividend Payout %: 21
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 7

Mar 2025

: 26
: 10
Operating Profit: 37
OPM %: 141
Other Income: 20
Interest: 0
Depreciation: 1
: 58
Tax %: 15
Net Profit: 50
EPS: 30
Dividend Payout %: 5
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 30
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 30

TTM

: 29
: 14
Operating Profit: —
OPM %: —
Other Income: 21
Interest: 1
Depreciation: 1
: 73
Tax %: -21
Net Profit: 89
EPS: —
Dividend Payout %: —
Minority Interest: 0
Share of Associates: 67
Adjusted EPS: —
Minority Interest: 0
Share of Associates: 67
Adjusted EPS: —

COMPOUNDED SALES GROWTH

10 Years:: 3%
5 Years:: 15%
3 Years:: -4%

COMPOUNDED PROFIT GROWTH

10 Years:: 10%
5 Years:: 68%
3 Years:: -40%

STOCK PRICE CAGR

10 Years:: 11%
5 Years:: 1%
3 Years:: -3%
1 Year:: -16%

RETURN ON EQUITY

10 Years:: 4%
5 Years:: 7%
3 Years:: 4%
Last Year:: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
LIABILITIES	-	-	-	-	-	-	-	-	-	-
Equity Capital	8	8	8	8	8	8	8	8	8	8
	613	675	994	997	783	1,035	1,551	1,520	1,533	1,556
	15	15	24	5	4	6	2	0	0	0
Trade Payables	0	2	0	0	0	0	0	0	0	1
	6	7	77	77	73	114	182	156	164	169
Total Liabilities	643	707	1,103	1,087	868	1,163	1,743	1,685	1,706	1,733
ASSETS	-	-	-	-	-	-	-	-	-	-
	7	17	20	38	41	0	0	0	0	0
Capital Work in Progress	25	18	10	11	16	0	1	0	7	16
	589	634	1,035	1,000	739	1,014	1,652	1,617	1,621	1,632
	16	27	6	33	31	28	15	3	1	0
Cash & Bank	0	1	1	1	9	8	7	2	1	1
	6	9	31	6	34	113	68	62	76	84
Total Assets	643	707	1,103	1,087	868	1,163	1,743	1,685	1,706	1,733
Total Debt	15	15	24	5	4	6	2	0	4	5
Net Working Capital	0	14	-0	21	57	70	18	4	58	24
Contingent Liabilities	0	0	0	0	0	0	0	0	0	0
Book Value per Share	371.10	408.32	598.40	600.43	472.35	623.08	931.13	912.70	920.71	933.94
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00
Total Debt	15	15	24	5	4	6	2	0	4	5
Net Working Capital	0	14	-0	21	57	70	18	4	58	24
Contingent Liabilities	0	0	0	0	0	0	0	0	0	0
Book Value per Share	371.10	408.32	598.40	600.43	472.35	623.08	931.13	912.70	920.71	933.94
Face Value	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00	5.00

Mar 2016

Equity Capital: 8
: 613
: 15
Trade Payables: 0
: 6
Total Liabilities: 643
: 7
Capital Work in Progress: 25
: 589
: 16
Cash & Bank: 0
: 6
Total Assets: 643
Total Debt: 15
Net Working Capital: 0
Contingent Liabilities: 0
Book Value per Share: 371.10
Face Value: 5.00
Total Debt: 15
Net Working Capital: 0
Contingent Liabilities: 0
Book Value per Share: 371.10
Face Value: 5.00

Mar 2017

Equity Capital: 8
: 675
: 15
Trade Payables: 2
: 7
Total Liabilities: 707
: 17
Capital Work in Progress: 18
: 634
: 27
Cash & Bank: 1
: 9
Total Assets: 707
Total Debt: 15
Net Working Capital: 14
Contingent Liabilities: 0
Book Value per Share: 408.32
Face Value: 5.00
Total Debt: 15
Net Working Capital: 14
Contingent Liabilities: 0
Book Value per Share: 408.32
Face Value: 5.00

Mar 2018

Equity Capital: 8
: 994
: 24
Trade Payables: 0
: 77
Total Liabilities: 1,103
: 20
Capital Work in Progress: 10
: 1,035
: 6
Cash & Bank: 1
: 31
Total Assets: 1,103
Total Debt: 24
Net Working Capital: -0
Contingent Liabilities: 0
Book Value per Share: 598.40
Face Value: 5.00
Total Debt: 24
Net Working Capital: -0
Contingent Liabilities: 0
Book Value per Share: 598.40
Face Value: 5.00

Mar 2019

Equity Capital: 8
: 997
: 5
Trade Payables: 0
: 77
Total Liabilities: 1,087
: 38
Capital Work in Progress: 11
: 1,000
: 33
Cash & Bank: 1
: 6
Total Assets: 1,087
Total Debt: 5
Net Working Capital: 21
Contingent Liabilities: 0
Book Value per Share: 600.43
Face Value: 5.00
Total Debt: 5
Net Working Capital: 21
Contingent Liabilities: 0
Book Value per Share: 600.43
Face Value: 5.00

Mar 2020

Equity Capital: 8
: 783
: 4
Trade Payables: 0
: 73
Total Liabilities: 868
: 41
Capital Work in Progress: 16
: 739
: 31
Cash & Bank: 9
: 34
Total Assets: 868
Total Debt: 4
Net Working Capital: 57
Contingent Liabilities: 0
Book Value per Share: 472.35
Face Value: 5.00
Total Debt: 4
Net Working Capital: 57
Contingent Liabilities: 0
Book Value per Share: 472.35
Face Value: 5.00

Mar 2021

Equity Capital: 8
: 1,035
: 6
Trade Payables: 0
: 114
Total Liabilities: 1,163
: 0
Capital Work in Progress: 0
: 1,014
: 28
Cash & Bank: 8
: 113
Total Assets: 1,163
Total Debt: 6
Net Working Capital: 70
Contingent Liabilities: 0
Book Value per Share: 623.08
Face Value: 5.00
Total Debt: 6
Net Working Capital: 70
Contingent Liabilities: 0
Book Value per Share: 623.08
Face Value: 5.00

Mar 2022

Equity Capital: 8
: 1,551
: 2
Trade Payables: 0
: 182
Total Liabilities: 1,743
: 0
Capital Work in Progress: 1
: 1,652
: 15
Cash & Bank: 7
: 68
Total Assets: 1,743
Total Debt: 2
Net Working Capital: 18
Contingent Liabilities: 0
Book Value per Share: 931.13
Face Value: 5.00
Total Debt: 2
Net Working Capital: 18
Contingent Liabilities: 0
Book Value per Share: 931.13
Face Value: 5.00

Mar 2023

Equity Capital: 8
: 1,520
: 0
Trade Payables: 0
: 156
Total Liabilities: 1,685
: 0
Capital Work in Progress: 0
: 1,617
: 3
Cash & Bank: 2
: 62
Total Assets: 1,685
Total Debt: 0
Net Working Capital: 4
Contingent Liabilities: 0
Book Value per Share: 912.70
Face Value: 5.00
Total Debt: 0
Net Working Capital: 4
Contingent Liabilities: 0
Book Value per Share: 912.70
Face Value: 5.00

Mar 2024

Equity Capital: 8
: 1,533
: 0
Trade Payables: 0
: 164
Total Liabilities: 1,706
: 0
Capital Work in Progress: 7
: 1,621
: 1
Cash & Bank: 1
: 76
Total Assets: 1,706
Total Debt: 4
Net Working Capital: 58
Contingent Liabilities: 0
Book Value per Share: 920.71
Face Value: 5.00
Total Debt: 4
Net Working Capital: 58
Contingent Liabilities: 0
Book Value per Share: 920.71
Face Value: 5.00

Mar 2025

Equity Capital: 8
: 1,556
: 0
Trade Payables: 1
: 169
Total Liabilities: 1,733
: 0
Capital Work in Progress: 16
: 1,632
: 0
Cash & Bank: 1
: 84
Total Assets: 1,733
Total Debt: 5
Net Working Capital: 24
Contingent Liabilities: 0
Book Value per Share: 933.94
Face Value: 5.00
Total Debt: 5
Net Working Capital: 24
Contingent Liabilities: 0
Book Value per Share: 933.94
Face Value: 5.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	4	-8	-23	29	138	-55	-69	-23	-13	-0
Cash from Investing	-1	12	27	-25	-134	56	75	26	15	3
Cash from Financing	-3	-3	-3	-3	-4	-1	-5	-3	-3	-3
	-1	1	-0	0	-0	1	1	-0	-1	0
Free Cash Flow	2	-12	-23	10	129	-55	-70	-23	-20	-10
OCF / Net Profit	0.35	-0.38	-1.09	3.56	12.40	-0.90	-0.31	-0.21	-1.13	-0.00
Cumulative 5-Year FCF	0	0	0	0	106	49	-9	-9	-39	-177
OCF / Net Profit	0.35	-0.38	-1.09	3.56	12.40	-0.90	-0.31	-0.21	-1.13	-0.00
Cumulative 5-Year FCF	0	0	0	0	106	49	-9	-9	-39	-177

Mar 2016

: 4
Cash from Investing: -1
Cash from Financing: -3
: -1
Free Cash Flow: 2
OCF / Net Profit: 0.35
Cumulative 5-Year FCF: 0
OCF / Net Profit: 0.35
Cumulative 5-Year FCF: 0

Mar 2017

: -8
Cash from Investing: 12
Cash from Financing: -3
: 1
Free Cash Flow: -12
OCF / Net Profit: -0.38
Cumulative 5-Year FCF: 0
OCF / Net Profit: -0.38
Cumulative 5-Year FCF: 0

Mar 2018

: -23
Cash from Investing: 27
Cash from Financing: -3
: -0
Free Cash Flow: -23
OCF / Net Profit: -1.09
Cumulative 5-Year FCF: 0
OCF / Net Profit: -1.09
Cumulative 5-Year FCF: 0

Mar 2019

: 29
Cash from Investing: -25
Cash from Financing: -3
: 0
Free Cash Flow: 10
OCF / Net Profit: 3.56
Cumulative 5-Year FCF: 0
OCF / Net Profit: 3.56
Cumulative 5-Year FCF: 0

Mar 2020

: 138
Cash from Investing: -134
Cash from Financing: -4
: -0
Free Cash Flow: 129
OCF / Net Profit: 12.40
Cumulative 5-Year FCF: 106
OCF / Net Profit: 12.40
Cumulative 5-Year FCF: 106

Mar 2021

: -55
Cash from Investing: 56
Cash from Financing: -1
: 1
Free Cash Flow: -55
OCF / Net Profit: -0.90
Cumulative 5-Year FCF: 49
OCF / Net Profit: -0.90
Cumulative 5-Year FCF: 49

Mar 2022

: -69
Cash from Investing: 75
Cash from Financing: -5
: 1
Free Cash Flow: -70
OCF / Net Profit: -0.31
Cumulative 5-Year FCF: -9
OCF / Net Profit: -0.31
Cumulative 5-Year FCF: -9

Mar 2023

: -23
Cash from Investing: 26
Cash from Financing: -3
: -0
Free Cash Flow: -23
OCF / Net Profit: -0.21
Cumulative 5-Year FCF: -9
OCF / Net Profit: -0.21
Cumulative 5-Year FCF: -9

Mar 2024

: -13
Cash from Investing: 15
Cash from Financing: -3
: -1
Free Cash Flow: -20
OCF / Net Profit: -1.13
Cumulative 5-Year FCF: -39
OCF / Net Profit: -1.13
Cumulative 5-Year FCF: -39

Mar 2025

: -0
Cash from Investing: 3
Cash from Financing: -3
: 0
Free Cash Flow: -10
OCF / Net Profit: -0.00
Cumulative 5-Year FCF: -177
OCF / Net Profit: -0.00
Cumulative 5-Year FCF: -177

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
PER SHARE	-	-	-	-	-	-	-	-	-	-
EPS (₹)	23.87	37.59	11.21	14.92	2.21	36.41	135.23	63.73	7.03	29.75
Book Value (₹)	371.10	408.32	598.40	600.43	472.35	623.08	931.13	912.70	920.71	933.94
Dividend per Share (₹)	1.50	1.50	1.50	1.50	0.50	1.50	3.00	1.50	1.50	1.50
Cash EPS (₹)	6.14	13.37	12.96	5.09	7.06	36.91	135.84	64.34	7.64	30.38
PROFITABILITY	-	-	-	-	-	-	-	-	-	-
Operating Margin %	184.82%	186.92%	148.59%	144.78%	92.80%	187.07%	117.76%	101.07%	64.58%	63.21%
Net Margin %	150.86%	152.27%	150.97%	79.89%	84.21%	278.91%	754.15%	417.88%	49.28%	190.28%
ROE %	1.68%	3.41%	2.54%	0.81%	1.23%	6.65%	17.40%	6.91%	0.77%	3.21%
ROCE %	2.01%	4.06%	2.40%	1.40%	1.27%	9.09%	23.42%	6.05%	0.98%	3.78%
	1.64%	3.29%	2.36%	0.74%	1.13%	6.00%	15.58%	6.23%	0.69%	2.90%
EFFICIENCY	-	-	-	-	-	-	-	-	-	-
Debtor Days	0	0	0	0	0	0	0	0	0	0
Inventory Days	732	532	425	704	880	492	263	130	33	11
Payable Days	14	28	0	0	0	0	0	0	0	0
	718	504	425	704	880	492	263	130	33	11
FINANCIAL HEALTH	-	-	-	-	-	-	-	-	-	-
Debt to Equity (x)	0.02x	0.02x	0.02x	0.00x	0.01x	0.01x	0.00x	0.00x	0.00x	0.00x
Interest Coverage (x)	85.06x	156.10x	55.17x	34.90x	22.24x	479.29x	3321.92x	696.32x	105.83x	128.75x
	1.01x	1.60x	0.99x	2.15x	4.93x	4.01x	2.07x	1.57x	60.02x	20.27x
GROWTH	-	-	-	-	-	-	-	-	-	-
Revenue Growth %	-66.82%	117.20%	-2.93%	-28.49%	29.95%	66.04%	37.37%	-14.96%	-6.50%	9.63%
Operating Profit Growth %	-41.87%	119.66%	-22.83%	-30.32%	-16.70%	234.69%	-13.53%	-27.01%	67.84%	-14.92%
Net Profit Growth %	-41.55%	119.23%	-3.76%	-62.16%	36.99%	449.93%	1219.86%	-52.88%	-88.97%	323.37%
	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-88.97%	323.37%
VALUATION	-	-	-	-	-	-	-	-	-	-
P/E (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	39.56x	7.54x
P/B (x)	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.30x	0.24x
Dividend Yield %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.54%	0.67%
	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	0.00x	10.83x	10.31x

Mar 2016

EPS (₹): 23.87
Book Value (₹): 371.10
Dividend per Share (₹): 1.50
Cash EPS (₹): 6.14
Operating Margin %: 184.82%
Net Margin %: 150.86%
ROE %: 1.68%
ROCE %: 2.01%
: 1.64%
Debtor Days: 0
Inventory Days: 732
Payable Days: 14
: 718
Debt to Equity (x): 0.02x
Interest Coverage (x): 85.06x
: 1.01x
Revenue Growth %: -66.82%
Operating Profit Growth %: -41.87%
Net Profit Growth %: -41.55%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2017

EPS (₹): 37.59
Book Value (₹): 408.32
Dividend per Share (₹): 1.50
Cash EPS (₹): 13.37
Operating Margin %: 186.92%
Net Margin %: 152.27%
ROE %: 3.41%
ROCE %: 4.06%
: 3.29%
Debtor Days: 0
Inventory Days: 532
Payable Days: 28
: 504
Debt to Equity (x): 0.02x
Interest Coverage (x): 156.10x
: 1.60x
Revenue Growth %: 117.20%
Operating Profit Growth %: 119.66%
Net Profit Growth %: 119.23%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 11.21
Book Value (₹): 598.40
Dividend per Share (₹): 1.50
Cash EPS (₹): 12.96
Operating Margin %: 148.59%
Net Margin %: 150.97%
ROE %: 2.54%
ROCE %: 2.40%
: 2.36%
Debtor Days: 0
Inventory Days: 425
Payable Days: 0
: 425
Debt to Equity (x): 0.02x
Interest Coverage (x): 55.17x
: 0.99x
Revenue Growth %: -2.93%
Operating Profit Growth %: -22.83%
Net Profit Growth %: -3.76%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 14.92
Book Value (₹): 600.43
Dividend per Share (₹): 1.50
Cash EPS (₹): 5.09
Operating Margin %: 144.78%
Net Margin %: 79.89%
ROE %: 0.81%
ROCE %: 1.40%
: 0.74%
Debtor Days: 0
Inventory Days: 704
Payable Days: 0
: 704
Debt to Equity (x): 0.00x
Interest Coverage (x): 34.90x
: 2.15x
Revenue Growth %: -28.49%
Operating Profit Growth %: -30.32%
Net Profit Growth %: -62.16%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2020

EPS (₹): 2.21
Book Value (₹): 472.35
Dividend per Share (₹): 0.50
Cash EPS (₹): 7.06
Operating Margin %: 92.80%
Net Margin %: 84.21%
ROE %: 1.23%
ROCE %: 1.27%
: 1.13%
Debtor Days: 0
Inventory Days: 880
Payable Days: 0
: 880
Debt to Equity (x): 0.01x
Interest Coverage (x): 22.24x
: 4.93x
Revenue Growth %: 29.95%
Operating Profit Growth %: -16.70%
Net Profit Growth %: 36.99%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2021

EPS (₹): 36.41
Book Value (₹): 623.08
Dividend per Share (₹): 1.50
Cash EPS (₹): 36.91
Operating Margin %: 187.07%
Net Margin %: 278.91%
ROE %: 6.65%
ROCE %: 9.09%
: 6.00%
Debtor Days: 0
Inventory Days: 492
Payable Days: 0
: 492
Debt to Equity (x): 0.01x
Interest Coverage (x): 479.29x
: 4.01x
Revenue Growth %: 66.04%
Operating Profit Growth %: 234.69%
Net Profit Growth %: 449.93%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2022

EPS (₹): 135.23
Book Value (₹): 931.13
Dividend per Share (₹): 3.00
Cash EPS (₹): 135.84
Operating Margin %: 117.76%
Net Margin %: 754.15%
ROE %: 17.40%
ROCE %: 23.42%
: 15.58%
Debtor Days: 0
Inventory Days: 263
Payable Days: 0
: 263
Debt to Equity (x): 0.00x
Interest Coverage (x): 3321.92x
: 2.07x
Revenue Growth %: 37.37%
Operating Profit Growth %: -13.53%
Net Profit Growth %: 1219.86%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2023

EPS (₹): 63.73
Book Value (₹): 912.70
Dividend per Share (₹): 1.50
Cash EPS (₹): 64.34
Operating Margin %: 101.07%
Net Margin %: 417.88%
ROE %: 6.91%
ROCE %: 6.05%
: 6.23%
Debtor Days: 0
Inventory Days: 130
Payable Days: 0
: 130
Debt to Equity (x): 0.00x
Interest Coverage (x): 696.32x
: 1.57x
Revenue Growth %: -14.96%
Operating Profit Growth %: -27.01%
Net Profit Growth %: -52.88%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2024

EPS (₹): 7.03
Book Value (₹): 920.71
Dividend per Share (₹): 1.50
Cash EPS (₹): 7.64
Operating Margin %: 64.58%
Net Margin %: 49.28%
ROE %: 0.77%
ROCE %: 0.98%
: 0.69%
Debtor Days: 0
Inventory Days: 33
Payable Days: 0
: 33
Debt to Equity (x): 0.00x
Interest Coverage (x): 105.83x
: 60.02x
Revenue Growth %: -6.50%
Operating Profit Growth %: 67.84%
Net Profit Growth %: -88.97%
: -88.97%
P/E (x): 39.56x
P/B (x): 0.30x
Dividend Yield %: 0.54%
: 10.83x

Mar 2025

EPS (₹): 29.75
Book Value (₹): 933.94
Dividend per Share (₹): 1.50
Cash EPS (₹): 30.38
Operating Margin %: 63.21%
Net Margin %: 190.28%
ROE %: 3.21%
ROCE %: 3.78%
: 2.90%
Debtor Days: 0
Inventory Days: 11
Payable Days: 0
: 11
Debt to Equity (x): 0.00x
Interest Coverage (x): 128.75x
: 20.27x
Revenue Growth %: 9.63%
Operating Profit Growth %: -14.92%
Net Profit Growth %: 323.37%
: 323.37%
P/E (x): 7.54x
P/B (x): 0.24x
Dividend Yield %: 0.67%
: 10.31x

Shareholding Pattern

Numbers in percentages

TRADES

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	71.65	71.65	71.65	71.65	71.94	72.20	72.20	72.53	72.53
	0.34	0.34	0.36	0.32	0.32	0.32	0.31	0.31	0.31
	0.02	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	27.99	28.00	27.98	28.02	27.72	27.47	27.47	27.15	27.15

Jun 2024

: 71.65
: 0.34
: 0.02
Government: 0.00
: 27.99

Sep 2024

: 71.65
: 0.34
: 0.02
Government: 0.00
: 28.00

Dec 2024

: 71.65
: 0.36
: 0.02
Government: 0.00
: 27.98

Mar 2025

: 71.65
: 0.32
: 0.02
Government: 0.00
: 28.02

Jun 2025

: 71.94
: 0.32
: 0.02
Government: 0.00
: 27.72

Sep 2025

: 72.20
: 0.32
: 0.02
Government: 0.00
: 27.47

Dec 2025

: 72.20
: 0.31
: 0.02
Government: 0.00
: 27.47

Mar 2026

: 72.53
: 0.31
: 0.01
Government: 0.00
: 27.15

Jun 2026

: 72.53
: 0.31
: 0.01
Government: 0.00
: 27.15

Documents

Announcements

Copy of Newspaper Publication
2026-08-10 - Nahar Capital and Financial Services Limited has informed the Exchange about Copy of Newspaper Publication
Copy of Newspaper Publication
2026-08-06 - Nahar Capital and Financial Services Limited has informed the Exchange about Copy of Newspaper Publication

Annual Reports

Credit Ratings

Credit Rating
2026-07-27 - Nahar Capital and Financial Services Limited has informed the Exchange about Credit Rating

Concalls

Nothing filed yet.