NIBE Share Price & Earnings Call Analysis

₹1,130.30-1.70% today
Market cap
₹1,752 Cr
ROE
1.57%
Price to sales
3.84
Debt to equity
0.34
52W high / low
₹1,835 / ₹817
EBITDA margin
6.09%
Net profit margin
-0.22%
Promoter holding
51.46%
Sales (last year)
₹455 Cr

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

Potential multibaggers · Q2 FY27

Potential multibaggers in Aerospace & Defense
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Aerospace & Defense companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹5,129 Cr193.7
240%+Up 0–2%₹1,098 Cr40.9
340%+Flat₹14,818 Cr106.9
440%+Flat₹14,300 Cr—
540%+Flat₹8,040 Cr91.2
640%+Flat₹7,979 Cr243.3

Financials of NIBE

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of NIBE

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +1563264163152110136149113827359
Expenses +12582335561339511814293757869
Operating Profit353671915187198-4-10
OPM %18%8%12%14%11%13%14%13%5%17%9%-6%-16%
Other Income +0-300211121111
Interest1111222222224
Depreciation1111134554578
Profit before tax101461511122152-13-22
Tax %27%664%43%27%21%31%28%26%-1%41%42%-26%-13%
Net Profit +1-01341089291-10-19
EPS in Rs0.70-0.380.692.393.348.316.026.381.455.341.31-5.82-11.76

Financials of NIBE

Profit & Loss

Annual income statement trend

Mar 2023Mar 2024Mar 2025TTM
Sales +105282507328
Expenses +93246448315
Operating Profit12366013
OPM %11%13%12%4%
Other Income +-2453
Interest3789
Depreciation461725
Profit before tax32640-18
Tax %52%29%31%
Net Profit +21927-19
EPS in Rs1.3414.1118.70-10.93
Dividend Payout %7%7%7%

Financials of NIBE

Balance Sheet

Capital structure and asset base

Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital12131414
Reserves63148218219
Borrowings +49737791
Other Liabilities +308213398
Total Liabilities153316442422
Fixed Assets +35119138190
CWIP1022331
Investments117102
Other Assets +107158261228
Total Assets153316442422

Financials of NIBE

Cash Flows

Operating, investing and financing cash movement

Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-311825
Cash from Investing Activity +-56-124-60
Cash from Financing Activity +9611130
Net Cash Flow95-5
Free Cash Flow-87-95-43
CFO/OP-255%58%55%

Financials of NIBE

Ratios

Working capital efficiency and return ratios

Mar 2023Mar 2024Mar 2025
Debtor Days12354109
Inventory Days524411
Days Payable204676
Cash Conversion Cycle1555343
Working Capital Days955446
ROCE %16%16%
28out of 100

Momentum score · price trend

28 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−4.8%54%
Last 6 months+10.1%68%
Last 3 months−15.7%30%

The price is 46.2% below its all-time high of ₹2,138.5 (5 Jul 2024). Stocks more than 20% below their peak have their score halved, so 55 became 28.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For NIBE: 0.4 × 54 + 0.4 × 68 + 0.2 × 30 = 55, halved to 28 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 2 Nov 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

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