NDL Ventures Ltd.
•₹ 119.040.03%
2026-08-21
PROS
- Company is almost debt free
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 24.16x)
- Company generates healthy free cash flow
- Company has a consistent dividend-paying track record
CONS
- A large part of profit comes from other income (476.0% of PBT)
- Operating cash flow has been negative in recent years
- Company has a low return on capital employed of 1.5%
- Company has a low return on equity of 1.2% over last 3 years
- Interest coverage is weak at 0.0x - earnings barely cover interest
- Company's sales have been declining over the last five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| 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. | SUNTV | 477.40 | 12.30 | 18813.60 | 2.62 | 619.07 | 16.98 | 1457.88 | 12.99 | 20.11 | 50.64 |
| 2. | ZEEL | 108.10 | 50.48 | 10383.21 | 1.85 | 74.30 | -48.30 | 1907.30 | 4.52 | 8.50 | 5.22 |
| 3. | NETWORK18 | 30.58 | 0.00 | 4715.44 | 0.00 | -38.36 | -102.58 | 516.26 | 10.34 | 4.63 | 8.76 |
| 4. | DEN | 27.93 | 8.99 | 1332.89 | 0.00 | 34.59 | -35.52 | 242.77 | 0.62 | 5.67 | 4.74 |
| 5. | NDTV | 75.65 | 0.00 | 853.52 | 0.00 | -818.80 | -1064.56 | 1172.30 | 988.99 | -91.45 | -58.02 |
| 6. | TVTODAY | 117.45 | 40.84 | 700.81 | 0.00 | 10.26 | 39.59 | 206.22 | 4.58 | 3.58 | 7.66 |
| 7. | ZEEMEDIA | 9.41 | 0.00 | 616.76 | 0.00 | -12.12 | -37.57 | 190.85 | 4.66 | -35.79 | 8.52 |
| 8. | GTPL | 54.53 | 81.58 | 613.26 | 3.67 | 1.38 | -81.20 | 1015.41 | 12.36 | 6.75 | 10.31 |
| 9. | DISHTV | 2.79 | 0.00 | 513.71 | 0.00 | -2863.00 | -2928.67 | 2658.30 | 707.11 | 0.00 | -40.89 |
| 10. | ENIL | 102.75 | 0.00 | 489.81 | 1.95 | -6.01 | -14.22 | 113.68 | -1.26 | 4.29 | 7.94 |
| 11. | NDLVENTURE | 117.85 | 0.00 | 396.82 | 0.42 | -46.36 | -69.15 | 245.22 | -9.40 | 1.69 | 12.47 |
| 12. | RADIOCITY | 6.66 | 4.91 | 230.23 | 0.00 | 0.00 | — | 44.14 | — | -8.67 | 9.64 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 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 |
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax % | 0.00% | 17.86% | 26.53% | -14.29% | 61.70% | 19.23% | 40.00% | 33.33% | 25.00% | 26.32% | 25.81% | 28.57% | 22.61% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Equity Capital | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
| 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 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 | 34 |
| 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
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0.00%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 17.86%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 26.53%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- -14.29%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 61.70%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 19.23%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 40.00%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 33.33%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 25.00%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 26.32%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 25.81%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 28.57%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 0
- 1
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 22.61%
- Net Profit
- 0
- 0
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 34
- Reserves
- 0
- Promoter Pledge %
- 0.00%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 332 | 202 | 253 | 604 | 817 | 695 | 702 | 0 | 0 | 0 | 0 | |
| 169 | 28 | 32 | 848 | 939 | 547 | 572 | 2 | 4 | 4 | 4 | |
| Operating Profit | 164 | 175 | 222 | -223 | 34 | 161 | 191 | 0 | 2 | 1 | — |
| OPM % | 49 | 87 | 88 | -37 | 4 | 23 | 27 | — | — | — | — |
| Other Income | 0 | 2 | 1 | 21 | 156 | 13 | 62 | 3 | 6 | 5 | 5 |
| Interest | 38 | 46 | 51 | 154 | 155 | 134 | 121 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 4 | 157 | 184 | 179 | 176 | 0 | 0 | 0 | 0 |
| 124 | 128 | 167 | -534 | -305 | -152 | -105 | 0 | 2 | 1 | 1 | |
| Tax % | 19 | 20 | 42 | 5 | 62 | 64 | 61 | 0 | 10 | 43 | 26 |
| Net Profit | 101 | 103 | 97 | -510 | -117 | -55 | -41 | 0 | 2 | 1 | 1 |
| EPS | 0 | 0 | 0 | 0 | 0 | -20 | -15 | 0 | 0 | 0 | — |
| Dividend Payout % | 36 | 35 | 37 | -7 | -9 | -18 | -33 | 2,457 | 208 | 285 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 43 | 44 | 42 | -219 | -50 | -20 | -12 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 43 | 44 | 42 | -219 | -50 | -20 | -12 | 0 | 0 | 0 | — |
Mar 2016
- 332
- 169
- Operating Profit
- 164
- OPM %
- 49
- Other Income
- 0
- Interest
- 38
- Depreciation
- 1
- 124
- Tax %
- 19
- Net Profit
- 101
- EPS
- 0
- Dividend Payout %
- 36
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 43
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 43
Mar 2017
- 202
- 28
- Operating Profit
- 175
- OPM %
- 87
- Other Income
- 2
- Interest
- 46
- Depreciation
- 1
- 128
- Tax %
- 20
- Net Profit
- 103
- EPS
- 0
- Dividend Payout %
- 35
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 44
Mar 2018
- 253
- 32
- Operating Profit
- 222
- OPM %
- 88
- Other Income
- 1
- Interest
- 51
- Depreciation
- 4
- 167
- Tax %
- 42
- Net Profit
- 97
- EPS
- 0
- Dividend Payout %
- 37
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 42
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 42
Mar 2019
- 604
- 848
- Operating Profit
- -223
- OPM %
- -37
- Other Income
- 21
- Interest
- 154
- Depreciation
- 157
- -534
- Tax %
- 5
- Net Profit
- -510
- EPS
- 0
- Dividend Payout %
- -7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -219
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -219
Mar 2020
- 817
- 939
- Operating Profit
- 34
- OPM %
- 4
- Other Income
- 156
- Interest
- 155
- Depreciation
- 184
- -305
- Tax %
- 62
- Net Profit
- -117
- EPS
- 0
- Dividend Payout %
- -9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -50
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -50
Mar 2021
- 695
- 547
- Operating Profit
- 161
- OPM %
- 23
- Other Income
- 13
- Interest
- 134
- Depreciation
- 179
- -152
- Tax %
- 64
- Net Profit
- -55
- EPS
- -20
- Dividend Payout %
- -18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -20
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -20
Mar 2022
- 702
- 572
- Operating Profit
- 191
- OPM %
- 27
- Other Income
- 62
- Interest
- 121
- Depreciation
- 176
- -105
- Tax %
- 61
- Net Profit
- -41
- EPS
- -15
- Dividend Payout %
- -33
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -12
Mar 2023
- 0
- 2
- Operating Profit
- 0
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 0
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 2,457
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 0
- 4
- Operating Profit
- 2
- OPM %
- —
- Other Income
- 6
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 10
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 208
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 0
- 4
- Operating Profit
- 1
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 43
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 285
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
TTM
- 0
- 4
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 26
- Net Profit
- 1
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- -40%
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -4%
- 1 Year:
- 33%
RETURN ON EQUITY
- 10 Years:
- -6%
- 5 Years:
- -6%
- 3 Years:
- 1%
- Last Year:
- 1%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 21 | 21 | 21 | 21 | 21 | 24 | 34 | 34 | 34 | 34 |
| 905 | 1,008 | 2,015 | 638 | 272 | 209 | 435 | 34 | 29 | 26 | |
| 139 | 37 | 91 | 459 | 395 | 577 | 599 | 0 | 0 | 0 | |
| Trade Payables | 95 | 0 | 1 | 213 | 255 | 211 | 122 | 0 | 1 | 1 |
| 307 | 351 | 965 | 1,283 | 866 | 482 | 247 | 12 | 5 | 6 | |
| Total Liabilities | 1,466 | 1,417 | 3,092 | 2,613 | 1,809 | 1,504 | 1,437 | 81 | 69 | 66 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 13 | 12 | 237 | 891 | 906 | 837 | 808 | 0 | 0 | 0 | |
| Capital Work in Progress | 0 | 0 | 0 | 25 | 13 | 5 | 4 | 0 | 0 | 0 |
| 614 | 434 | 2,569 | 1,271 | 349 | 355 | 354 | 0 | 0 | 0 | |
| 499 | 431 | 37 | 38 | 42 | 43 | 20 | 12 | 12 | 12 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Cash & Bank | 5 | 6 | 8 | 100 | 102 | 89 | 10 | 11 | 5 | 5 |
| 336 | 535 | 241 | 289 | 397 | 175 | 241 | 57 | 52 | 49 | |
| Total Assets | 1,466 | 1,417 | 3,092 | 2,613 | 1,809 | 1,504 | 1,437 | 81 | 69 | 66 |
| Total Debt | 427 | 374 | 745 | 1,204 | 952 | 874 | 767 | 0 | 0 | 0 |
| Net Working Capital | 472 | 724 | 48 | -409 | -709 | -839 | -742 | 67 | 61 | 58 |
| Contingent Liabilities | 86 | 100 | 36 | 753 | 767 | 771 | 902 | 0 | 0 | 0 |
| Book Value per Share | 450.27 | 500.28 | 990.06 | 320.38 | 142.43 | 96.96 | 139.26 | 20.16 | 18.64 | 17.83 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 427 | 374 | 745 | 1,204 | 952 | 874 | 767 | 0 | 0 | 0 |
| Net Working Capital | 472 | 724 | 48 | -409 | -709 | -839 | -742 | 67 | 61 | 58 |
| Contingent Liabilities | 86 | 100 | 36 | 753 | 767 | 771 | 902 | 0 | 0 | 0 |
| Book Value per Share | 450.27 | 500.28 | 990.06 | 320.38 | 142.43 | 96.96 | 139.26 | 20.16 | 18.64 | 17.83 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 21
- 905
- 139
- Trade Payables
- 95
- 307
- Total Liabilities
- 1,466
- 13
- Capital Work in Progress
- 0
- 614
- 499
- 0
- Cash & Bank
- 5
- 336
- Total Assets
- 1,466
- Total Debt
- 427
- Net Working Capital
- 472
- Contingent Liabilities
- 86
- Book Value per Share
- 450.27
- Face Value
- 10.00
- Total Debt
- 427
- Net Working Capital
- 472
- Contingent Liabilities
- 86
- Book Value per Share
- 450.27
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 21
- 1,008
- 37
- Trade Payables
- 0
- 351
- Total Liabilities
- 1,417
- 12
- Capital Work in Progress
- 0
- 434
- 431
- 0
- Cash & Bank
- 6
- 535
- Total Assets
- 1,417
- Total Debt
- 374
- Net Working Capital
- 724
- Contingent Liabilities
- 100
- Book Value per Share
- 500.28
- Face Value
- 10.00
- Total Debt
- 374
- Net Working Capital
- 724
- Contingent Liabilities
- 100
- Book Value per Share
- 500.28
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 21
- 2,015
- 91
- Trade Payables
- 1
- 965
- Total Liabilities
- 3,092
- 237
- Capital Work in Progress
- 0
- 2,569
- 37
- 0
- Cash & Bank
- 8
- 241
- Total Assets
- 3,092
- Total Debt
- 745
- Net Working Capital
- 48
- Contingent Liabilities
- 36
- Book Value per Share
- 990.06
- Face Value
- 10.00
- Total Debt
- 745
- Net Working Capital
- 48
- Contingent Liabilities
- 36
- Book Value per Share
- 990.06
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 21
- 638
- 459
- Trade Payables
- 213
- 1,283
- Total Liabilities
- 2,613
- 891
- Capital Work in Progress
- 25
- 1,271
- 38
- 0
- Cash & Bank
- 100
- 289
- Total Assets
- 2,613
- Total Debt
- 1,204
- Net Working Capital
- -409
- Contingent Liabilities
- 753
- Book Value per Share
- 320.38
- Face Value
- 10.00
- Total Debt
- 1,204
- Net Working Capital
- -409
- Contingent Liabilities
- 753
- Book Value per Share
- 320.38
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 21
- 272
- 395
- Trade Payables
- 255
- 866
- Total Liabilities
- 1,809
- 906
- Capital Work in Progress
- 13
- 349
- 42
- 0
- Cash & Bank
- 102
- 397
- Total Assets
- 1,809
- Total Debt
- 952
- Net Working Capital
- -709
- Contingent Liabilities
- 767
- Book Value per Share
- 142.43
- Face Value
- 10.00
- Total Debt
- 952
- Net Working Capital
- -709
- Contingent Liabilities
- 767
- Book Value per Share
- 142.43
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 24
- 209
- 577
- Trade Payables
- 211
- 482
- Total Liabilities
- 1,504
- 837
- Capital Work in Progress
- 5
- 355
- 43
- 0
- Cash & Bank
- 89
- 175
- Total Assets
- 1,504
- Total Debt
- 874
- Net Working Capital
- -839
- Contingent Liabilities
- 771
- Book Value per Share
- 96.96
- Face Value
- 10.00
- Total Debt
- 874
- Net Working Capital
- -839
- Contingent Liabilities
- 771
- Book Value per Share
- 96.96
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 34
- 435
- 599
- Trade Payables
- 122
- 247
- Total Liabilities
- 1,437
- 808
- Capital Work in Progress
- 4
- 354
- 20
- 0
- Cash & Bank
- 10
- 241
- Total Assets
- 1,437
- Total Debt
- 767
- Net Working Capital
- -742
- Contingent Liabilities
- 902
- Book Value per Share
- 139.26
- Face Value
- 10.00
- Total Debt
- 767
- Net Working Capital
- -742
- Contingent Liabilities
- 902
- Book Value per Share
- 139.26
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 34
- 34
- 0
- Trade Payables
- 0
- 12
- Total Liabilities
- 81
- 0
- Capital Work in Progress
- 0
- 0
- 12
- 0
- Cash & Bank
- 11
- 57
- Total Assets
- 81
- Total Debt
- 0
- Net Working Capital
- 67
- Contingent Liabilities
- 0
- Book Value per Share
- 20.16
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 67
- Contingent Liabilities
- 0
- Book Value per Share
- 20.16
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 34
- 29
- 0
- Trade Payables
- 1
- 5
- Total Liabilities
- 69
- 0
- Capital Work in Progress
- 0
- 0
- 12
- 0
- Cash & Bank
- 5
- 52
- Total Assets
- 69
- Total Debt
- 0
- Net Working Capital
- 61
- Contingent Liabilities
- 0
- Book Value per Share
- 18.64
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 61
- Contingent Liabilities
- 0
- Book Value per Share
- 18.64
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 34
- 26
- 0
- Trade Payables
- 1
- 6
- Total Liabilities
- 66
- 0
- Capital Work in Progress
- 0
- 0
- 12
- 0
- Cash & Bank
- 5
- 49
- Total Assets
- 66
- Total Debt
- 0
- Net Working Capital
- 58
- Contingent Liabilities
- 0
- Book Value per Share
- 17.83
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 58
- Contingent Liabilities
- 0
- Book Value per Share
- 17.83
- Face Value
- 10.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -4 | -129 | -73 | -173 | 225 | 121 | -82 | 75 | -11 | -4 | |
| Cash from Investing | 67 | 231 | 21 | 29 | 187 | 49 | -54 | -54 | 10 | 8 |
| Cash from Financing | -60 | -101 | 43 | 134 | -421 | -179 | 138 | -13 | -7 | -3 |
| 3 | 1 | -10 | -11 | -8 | -8 | 2 | 7 | -7 | 0 | |
| Free Cash Flow | -4 | -129 | -289 | -1,239 | 69 | 121 | -82 | 75 | -11 | -4 |
| OCF / Net Profit | -0.04 | -1.25 | -0.75 | 0.34 | -1.93 | -2.20 | 1.98 | 273.26 | -6.64 | -7.13 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -1,592 | -1,467 | -1,420 | -1,056 | 172 | 99 |
| OCF / Net Profit | -0.04 | -1.25 | -0.75 | 0.34 | -1.93 | -2.20 | 1.98 | 273.26 | -6.64 | -7.13 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -1,592 | -1,467 | -1,420 | -1,056 | 172 | 99 |
Mar 2016
- -4
- Cash from Investing
- 67
- Cash from Financing
- -60
- 3
- Free Cash Flow
- -4
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.04
- Cumulative 5-Year FCF
- 0
Mar 2017
- -129
- Cash from Investing
- 231
- Cash from Financing
- -101
- 1
- Free Cash Flow
- -129
- OCF / Net Profit
- -1.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.25
- Cumulative 5-Year FCF
- 0
Mar 2018
- -73
- Cash from Investing
- 21
- Cash from Financing
- 43
- -10
- Free Cash Flow
- -289
- OCF / Net Profit
- -0.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.75
- Cumulative 5-Year FCF
- 0
Mar 2019
- -173
- Cash from Investing
- 29
- Cash from Financing
- 134
- -11
- Free Cash Flow
- -1,239
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.34
- Cumulative 5-Year FCF
- 0
Mar 2020
- 225
- Cash from Investing
- 187
- Cash from Financing
- -421
- -8
- Free Cash Flow
- 69
- OCF / Net Profit
- -1.93
- Cumulative 5-Year FCF
- -1,592
- OCF / Net Profit
- -1.93
- Cumulative 5-Year FCF
- -1,592
Mar 2021
- 121
- Cash from Investing
- 49
- Cash from Financing
- -179
- -8
- Free Cash Flow
- 121
- OCF / Net Profit
- -2.20
- Cumulative 5-Year FCF
- -1,467
- OCF / Net Profit
- -2.20
- Cumulative 5-Year FCF
- -1,467
Mar 2022
- -82
- Cash from Investing
- -54
- Cash from Financing
- 138
- 2
- Free Cash Flow
- -82
- OCF / Net Profit
- 1.98
- Cumulative 5-Year FCF
- -1,420
- OCF / Net Profit
- 1.98
- Cumulative 5-Year FCF
- -1,420
Mar 2023
- 75
- Cash from Investing
- -54
- Cash from Financing
- -13
- 7
- Free Cash Flow
- 75
- OCF / Net Profit
- 273.26
- Cumulative 5-Year FCF
- -1,056
- OCF / Net Profit
- 273.26
- Cumulative 5-Year FCF
- -1,056
Mar 2024
- -11
- Cash from Investing
- 10
- Cash from Financing
- -7
- -7
- Free Cash Flow
- -11
- OCF / Net Profit
- -6.64
- Cumulative 5-Year FCF
- 172
- OCF / Net Profit
- -6.64
- Cumulative 5-Year FCF
- 172
Mar 2025
- -4
- Cash from Investing
- 8
- Cash from Financing
- -3
- 0
- Free Cash Flow
- -4
- OCF / Net Profit
- -7.13
- Cumulative 5-Year FCF
- 99
- OCF / Net Profit
- -7.13
- Cumulative 5-Year FCF
- 99
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 48.94 | 50.06 | 47.22 | -247.91 | -56.77 | -22.85 | -12.29 | 0.08 | 0.48 | 0.18 |
| Book Value (₹) | 450.27 | 500.28 | 990.06 | 320.38 | 142.43 | 96.96 | 139.26 | 20.16 | 18.64 | 17.83 |
| Dividend per Share (₹) | 17.50 | 17.50 | 17.50 | 17.50 | 5.00 | 4.00 | 4.00 | 2.00 | 1.00 | 0.50 |
| Cash EPS (₹) | 43.88 | 44.82 | 43.68 | -151.85 | 29.05 | 45.47 | 39.94 | 0.08 | 0.48 | 0.18 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 49.28% | 86.97% | 87.75% | -36.93% | 4.16% | 22.95% | 27.03% | 0.00% | 0.00% | 0.00% |
| Net Margin % | 30.26% | 51.01% | 38.38% | -84.38% | -14.28% | -7.85% | -5.85% | 0.00% | 0.00% | 0.00% |
| ROE % | 11.55% | 10.53% | 6.34% | -37.84% | -24.53% | -20.90% | -11.79% | 0.10% | 2.47% | 0.96% |
| ROCE % | 14.98% | 12.65% | 10.40% | -16.36% | -9.65% | -1.52% | 1.33% | 0.04% | 2.76% | 1.69% |
| 8.65% | 7.14% | 4.30% | -17.86% | -5.28% | -3.32% | -2.81% | 0.04% | 2.16% | 0.87% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 50 | 85 | 6 | 26 | 25 | 19 | 23 | 0 | 0 | 0 |
| Inventory Days | 329 | 841 | 338 | 23 | 18 | 22 | 16 | 0 | 0 | 0 |
| Payable Days | 112 | 1399 | 23 | 3327 | 7437 | 0 | 2114 | 0 | 0 | 0 |
| 267 | -473 | 321 | -3278 | -7394 | 42 | -2075 | 0 | 0 | 0 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.46x | 0.36x | 0.37x | 1.83x | 3.25x | 3.75x | 1.64x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 4.23x | 3.79x | 4.29x | -2.47x | -0.97x | -0.13x | 0.13x | 0.00x | 0.00x | 0.00x |
| 2.69x | 5.46x | 1.25x | 0.66x | 0.40x | 0.23x | 0.16x | 6.30x | 11.06x | 10.33x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 201.06% | -39.32% | 25.35% | 138.81% | 35.34% | -15.00% | 1.00% | -100.00% | 0.00% | 0.00% |
| Operating Profit Growth % | 72.86% | 7.10% | 26.48% | -200.49% | 115.24% | 372.70% | 19.14% | -99.86% | 557.34% | -42.34% |
| Net Profit Growth % | 8.64% | 2.30% | -5.69% | -625.06% | 77.10% | 52.90% | 24.69% | 100.66% | 489.71% | -63.44% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 489.52% | -63.44% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 192.24x | 304.69x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 4.95x | 3.00x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.08% | 0.94% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 169.90x | 168.55x |
Mar 2016
- EPS (₹)
- 48.94
- Book Value (₹)
- 450.27
- Dividend per Share (₹)
- 17.50
- Cash EPS (₹)
- 43.88
- Operating Margin %
- 49.28%
- Net Margin %
- 30.26%
- ROE %
- 11.55%
- ROCE %
- 14.98%
- 8.65%
- Debtor Days
- 50
- Inventory Days
- 329
- Payable Days
- 112
- 267
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 4.23x
- 2.69x
- Revenue Growth %
- 201.06%
- Operating Profit Growth %
- 72.86%
- Net Profit Growth %
- 8.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 50.06
- Book Value (₹)
- 500.28
- Dividend per Share (₹)
- 17.50
- Cash EPS (₹)
- 44.82
- Operating Margin %
- 86.97%
- Net Margin %
- 51.01%
- ROE %
- 10.53%
- ROCE %
- 12.65%
- 7.14%
- Debtor Days
- 85
- Inventory Days
- 841
- Payable Days
- 1399
- -473
- Debt to Equity (x)
- 0.36x
- Interest Coverage (x)
- 3.79x
- 5.46x
- Revenue Growth %
- -39.32%
- Operating Profit Growth %
- 7.10%
- Net Profit Growth %
- 2.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 47.22
- Book Value (₹)
- 990.06
- Dividend per Share (₹)
- 17.50
- Cash EPS (₹)
- 43.68
- Operating Margin %
- 87.75%
- Net Margin %
- 38.38%
- ROE %
- 6.34%
- ROCE %
- 10.40%
- 4.30%
- Debtor Days
- 6
- Inventory Days
- 338
- Payable Days
- 23
- 321
- Debt to Equity (x)
- 0.37x
- Interest Coverage (x)
- 4.29x
- 1.25x
- Revenue Growth %
- 25.35%
- Operating Profit Growth %
- 26.48%
- Net Profit Growth %
- -5.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -247.91
- Book Value (₹)
- 320.38
- Dividend per Share (₹)
- 17.50
- Cash EPS (₹)
- -151.85
- Operating Margin %
- -36.93%
- Net Margin %
- -84.38%
- ROE %
- -37.84%
- ROCE %
- -16.36%
- -17.86%
- Debtor Days
- 26
- Inventory Days
- 23
- Payable Days
- 3327
- -3278
- Debt to Equity (x)
- 1.83x
- Interest Coverage (x)
- -2.47x
- 0.66x
- Revenue Growth %
- 138.81%
- Operating Profit Growth %
- -200.49%
- Net Profit Growth %
- -625.06%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -56.77
- Book Value (₹)
- 142.43
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 29.05
- Operating Margin %
- 4.16%
- Net Margin %
- -14.28%
- ROE %
- -24.53%
- ROCE %
- -9.65%
- -5.28%
- Debtor Days
- 25
- Inventory Days
- 18
- Payable Days
- 7437
- -7394
- Debt to Equity (x)
- 3.25x
- Interest Coverage (x)
- -0.97x
- 0.40x
- Revenue Growth %
- 35.34%
- Operating Profit Growth %
- 115.24%
- Net Profit Growth %
- 77.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -22.85
- Book Value (₹)
- 96.96
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 45.47
- Operating Margin %
- 22.95%
- Net Margin %
- -7.85%
- ROE %
- -20.90%
- ROCE %
- -1.52%
- -3.32%
- Debtor Days
- 19
- Inventory Days
- 22
- Payable Days
- 0
- 42
- Debt to Equity (x)
- 3.75x
- Interest Coverage (x)
- -0.13x
- 0.23x
- Revenue Growth %
- -15.00%
- Operating Profit Growth %
- 372.70%
- Net Profit Growth %
- 52.90%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- -12.29
- Book Value (₹)
- 139.26
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 39.94
- Operating Margin %
- 27.03%
- Net Margin %
- -5.85%
- ROE %
- -11.79%
- ROCE %
- 1.33%
- -2.81%
- Debtor Days
- 23
- Inventory Days
- 16
- Payable Days
- 2114
- -2075
- Debt to Equity (x)
- 1.64x
- Interest Coverage (x)
- 0.13x
- 0.16x
- Revenue Growth %
- 1.00%
- Operating Profit Growth %
- 19.14%
- Net Profit Growth %
- 24.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.08
- Book Value (₹)
- 20.16
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 0.08
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 0.10%
- ROCE %
- 0.04%
- 0.04%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 6.30x
- Revenue Growth %
- -100.00%
- Operating Profit Growth %
- -99.86%
- Net Profit Growth %
- 100.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.48
- Book Value (₹)
- 18.64
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 0.48
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 2.47%
- ROCE %
- 2.76%
- 2.16%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 11.06x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 557.34%
- Net Profit Growth %
- 489.71%
- 489.52%
- P/E (x)
- 192.24x
- P/B (x)
- 4.95x
- Dividend Yield %
- 1.08%
- 169.90x
Mar 2025
- EPS (₹)
- 0.18
- Book Value (₹)
- 17.83
- Dividend per Share (₹)
- 0.50
- Cash EPS (₹)
- 0.18
- Operating Margin %
- 0.00%
- Net Margin %
- 0.00%
- ROE %
- 0.96%
- ROCE %
- 1.69%
- 0.87%
- Debtor Days
- 0
- Inventory Days
- 0
- Payable Days
- 0
- 0
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.00x
- 10.33x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- -42.34%
- Net Profit Growth %
- -63.44%
- -63.44%
- P/E (x)
- 304.69x
- P/B (x)
- 3.00x
- Dividend Yield %
- 0.94%
- 168.55x
Documents
Announcements
- General Updates
2026-08-20 - NDL Ventures Limited has informed the Exchange about General Updates
- Copy of Newspaper Publication
2026-08-12 - NDL Ventures Limited has informed the Exchange about Copy of Newspaper Publication
Annual Reports
Credit Ratings
Nothing filed yet.

