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NIBE Ltd

₹ 1,240-0.47%
07 Jan 3:25 p.m. – close price
🔗nibelimited.com•BSE: 535136•NSE: NIBE
Market Cap₹ 1,798 Cr.
Current Price₹ 1,240
High / Low₹ 2,001
Stock P/E208
Book Value₹ 160
Dividend Yield0.10 %
ROCE17.0 %
ROE13.5 %
Face Value₹ 10.0
Sales₹ 389 Cr.
OPM8.25 %
Mar Cap₹ 1,798 Cr.

ABOUT

Incorporated in 2005. Nibe Ltd is in the business of manufacturing critical components for Defence, E-Vehicles and Software Development.

KEY POINTS

Business DivisionDefence Platforms & Systems:The company designs and manufactures advanced defence infrastructure with state-of-the-art precision engineering. Its cutting-edge capabilities, Robotic Welding, Laser Cutting, Bending, and CNC/VMC Machining enable mission-critical systems built for durability and reliability.[1]

Also present in buckets:
Aggressive Growth TriggersAggressive Growth TriggersAsset Base ExpansionAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuancePreferential IssuanceOrder Book PositionOrder Book PositionLarge Order ReceiptsLarge Order ReceiptsJv Partnerships AcquisitionsJv Partnerships AcquisitionsRevenue Guidance Vs ActualsRed Flags And Poor PerformanceRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Bharat Electron415.7553.38303904.050.581287.1617.885792.0925.7838.8825152.1129.525695.671287.7714.0313.210.00
2.Hind.Aeronautics4523.8035.68302540.390.891669.0510.826628.6110.9233.8832104.7830.588469.331669.078.138.820.00
3.Bharat Dynamics1540.8086.2756479.860.30215.8876.191147.03110.5519.664004.0814.19654.13215.8813.394.940.00
4.Garden Reach Sh.2507.9546.4928729.070.56153.7957.301677.3845.4936.645900.309.56616.41153.7912.485.020.01
5.Data Pattern2688.4564.4515050.980.2949.1962.45307.46237.7921.00920.0433.05233.4349.199.8812.180.00
6.Zen Technologies1313.0047.9011855.130.1561.91-6.29173.57-28.2337.22808.9738.44247.2558.736.6221.380.01
7.Aequs141.05–9459.810.00-16.9841.02537.1617.041.11924.618.60-63.19-16.69–-3.371.10
8.NIBE1239.70207.611797.730.10-4.93-152.4562.59-50.8016.96388.758.258.66-4.937.767.660.34
–Median: 26 Co.652.7562.125102.270.1115.6438.59130.3819.2118.09521.3221.8244.5615.648.137.880.08

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
15.1862.69138.8825.75109.2881.1962.27149.38106.0917.2241.18127.2262.59
Expenses
12.4055.57130.6622.1493.8070.9557.53129.0989.9313.4835.25108.8265.15
Operating Profit
2.787.128.223.6115.4810.244.7420.2916.163.745.9318.40-2.56
Other Income
0.271.491.380.230.760.650.260.460.640.600.390.571.29
Profit before tax
1.276.463.121.9310.895.373.0916.6810.951.684.3512.64-7.36
Tax %
26.77%19.35%9.62%32.12%27.82%27.56%23.62%26.92%37.26%34.52%22.76%25.55%-33.02%
Net Profit
0.935.212.821.317.863.892.3512.196.881.093.369.40-4.93
EPS in Rs
0.893.971.971.105.992.681.989.284.811.052.836.57-3.40

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
101193521321105279481389
Expenses
9118352221993242422357
Operating Profit
0000-0-0-00212375932
Other Income
000000-0011334
Interest
0000000013487
Depreciation
000000003461617
Profit before tax
000000-00-06293812
Net Profit
000000-00-0522279
EPS in Rs
0.060.100.080.050.080.00-0.460.12-0.433.8516.8018.866.06
Dividend Payout %
0%0%0%0%0%–0%0%0%3%6%7%–

Compounded Profit Growth

10 Years:75%
5 Years:%
3 Years:277%
TTM:-75%

Compounded Sales Growth

10 Years:46%
5 Years:220%
3 Years:183%
TTM:-13%

Return on Equity

10 Years:12%
5 Years:13%
3 Years:14%
Last Year:13%

Stock Price CAGR

10 Years:66%
5 Years:131%
3 Years:37%
1 Year:-26%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
3101010101010101012131414
Reserves
700000-00-066154211217
Borrowings
111000021131696678
Other Liabilities
1110000019485510876
Total Liabilities
131312111111101241156291398386
Fixed Assets
110000001239119137159
Gross Block
0.750.900.900.340.820.210.060.0615.0045.65130.92165.41–
Accumulated Depreciation
0.230.360.470.000.580.190.050.062.946.4412.3128.75–
CWIP
0000000001022270
Investments
4441010206211610
Other Assets
89891110101029101130219216
Total Assets
131312111111101241156291398386

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
1010-01-305-857
Cash from Investing Activity
0-1-02-0-13-11-62-105-35
Cash from Financing Activity
-0-0-0-1-0-0-02-57710222
Net Cash Flow
1-1-01-0-0-00172-5

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
1591471651391375061192144812350109
Inventory Days
1201261837804425001,6021,093759524512
Days Payable
384844338054265194582
Cash Conversion Cycle
2402253048865711,0061,7161,3035421575039
Working Capital Days
1962092737365391,1181,7081,110-32285461
ROCE %
1%2%1%1%1%-0%1%2%4%15%19%17%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
62.97%55.32%55.32%55.32%49.96%49.96%49.96%53.08%53.08%53.08%53.74%54.93%
FIIs
0.00%1.42%2.04%3.88%10.43%11.03%9.58%7.80%8.27%8.72%7.81%4.77%
DIIs
0.99%1.63%1.23%0.87%0.78%0.78%0.74%0.49%0.46%0.45%0.59%0.70%
Public
36.04%41.63%41.40%39.91%38.83%38.23%39.70%38.64%38.19%37.76%37.85%39.60%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Nibe Limited's CFO, Jigar Shah, Resigns Due to Health Reasons

12th April 2026, 2:12 am

Nibe Limited CFO Jigar Shah Resigns Due to Health Reasons

12th April 2026, 2:08 am

Nibe Limited Files Non-Applicability Certificate for SEBI Demat Regulations for Q4 FY26

10th April 2026, 9:20 pm

Nibe Limited Announces NAL Ceases to be Subsidiary Post Share Transfer

10th April 2026, 4:52 pm

Nibe Ltd's subsidiary to sell step-down subsidiary Nibe Aeronautics to promoter for ₹1.52 crore

31st March 2026, 3:13 am

Published by Other Websites

External media mentions & references

Banks Surge as Q3 Earnings Beat Expectations; Bajaj Finance Climbs

5th January 2026, 7:34 am

Multibagger Defence Stock Rockets: NIBE Secures ₹292 Cr Indian Army Contract for Rocket Launchers!

3rd January 2026, 1:14 pm

Defence Giant Nibe Secures Massive ₹292 Crore Indian Army Order! Stock Skyrockets 🚀

2nd January 2026, 6:41 pm

NIBE Stock Skyrockets 6% After Board Approves Massive ₹250 Crore Fundraising Plan!

24th December 2025, 9:49 am

Nibe Limited Secures Rs 26.67 Crore Order for Defence Structures

12th August 2025, 9:33 pm

News Articles

Editorial & research coverage

Defence Giant Nibe Secures Massive ₹292 Crore Indian Army Order! Stock Skyrockets 🚀
Defence Giant Nibe Secures Massive ₹292 Crore Indian Army Order! Stock Skyrockets 🚀

2nd January 2026, 6:41 pm

NIBE Stock Skyrockets 6% After Board Approves Massive ₹250 Crore Fundraising Plan!
NIBE Stock Skyrockets 6% After Board Approves Massive ₹250 Crore Fundraising Plan!

24th December 2025, 9:49 am

Documents

Announcements

Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order

2 Jan - Entered Rs.292.69 crore contract with Indian Army to supply rocket launcher equipment and ammunition; delivery within 12 months.

Announcement under Regulation 30 (LODR)-Newspaper Publication

31 Dec - Newspaper Publication regarding dispatch of Notice of Extra Ordinary General Meeting of the Company and E-Voting Information.

Letter To The Shareholders Pursuant To Regulation 36(1)(B) Of SEBI (LODR) Regulations, 2015.

30 Dec - EGM Jan 22, 2026; voting Jan 19–21; cut-off Jan 15, 2026; KYC/demat update reminder.

Intimation Of Extra-Ordinary General Meeting (EGM)
Announcement under Regulation 30 (LODR)-Newspaper Publication

27 Dec - Newspaper Publication of Information regarding Extra Ordinary General Meeting (EOGM) of the Company.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Financial Year 2017

(from bse)

Financial Year 2016

(from bse)

Financial Year 2015

(from bse)

Financial Year 2014

(from bse)

Financial Year 2013

(from bse)

Credit Ratings

No credit ratings.

Concalls

Nov 2022

PPT

Stock Analysis

Corporate Announcements

11th Apr 26
Impact Rating: 8
Nibe Limited's Chief Financial Officer and Key Managerial Personnel, Mr. Jigar Shah, has resigned from his position. The resignation is effective from April 11, 2026, due to health grounds, with no other material reasons cited.
11th Apr 26
Impact Rating: 7
Nibe Limited announced the resignation of its Chief Financial Officer, Mr. Jigar Shah, who will be stepping down on April 11, 2026. The company stated the resignation is due to health issues.
10th Apr 26
Impact Rating: 4
Nibe Limited has filed a Non-applicability Certificate for SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026, as all shares are in demat form.
10th Apr 26
Impact Rating: 6
Nibe Limited has completed the sale of 15,20,000 shares of Nibe Aeronautics Limited (NAL) by its subsidiary NDAL to Mr. Ganesh Nibe. NAL will no longer be a step-down subsidiary of Nibe Limited.
30th Mar 26
Impact Rating: 7
Nibe Limited announced its subsidiary, Nibe Defence and Aerospace, will sell equity shares of Nibe Aeronautics Limited to promoter Mr. Nibe Ganesh Ramesh for ₹1.52 crore. NAL's FY25 turnover was ₹0.00 lakh.