NDL Ventures Ltd
NSE: NDLVENTURE BSE: 500189Finance
Incorporated in 1985, NDL Ventures provides Financial services, except insurance and pension funding[1]
₹119
52W: ₹58.2 — ₹140
PE 440 · Book ₹17.6 · +576% vs bookMarket Cap₹401 Cr
Stock P/E440Price to Earnings
ROCE2.04%Return on Capital
ROE1.53%Return on Equity
Div. Yield0.44%Face Value ₹10
Strengths
- +Company is almost debt free.
- +Company has been maintaining a healthy dividend payout of 226%
Weaknesses
- −Stock is trading at 6.71 times its book value
- −Company has a low return on equity of 1.67% over last 3 years.
- −Earnings include an other income of Rs.4.89 Cr.
Shareholding Pattern
Promoters66.2%
FIIs5.39%
DIIs0.04%
Public28.36%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 66.2% | 66.2% | 66.2% | 66.2% | 66.2% | 66.2% | 66.2% | 66.2% |
| FIIs | 5.32% | 5.32% | 5.38%▲0.1 | 5.38% | 5.38% | 5.38% | 5.32%▼0.1 | 5.39%▲0.1 |
| DIIs | 1.25% | 1.29%▲0.0 | 1.29% | 0.04%▼1.3 | 0.04% | 0.04% | 0.04% | 0.04% |
| Public | 27.23% | 27.18%▼0.1 | 27.14%▼0.0 | 28.38%▲1.2 | 28.38% | 28.37%▼0.0 | 28.43%▲0.1 | 28.36%▼0.1 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.92 | 1.22 | 0.93 | 0.98 | 1.07 | 0.93 | 0.84 | 0.82 | 0.95 | 1.06 |
| Operating Profit | -0.92 | -1.22 | -0.93 | -0.98 | -1.07 | -0.93 | -0.84 | -0.82 | -0.95 | -1.06 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 0.36 | 0.32 | 0.18 | 0.21 | 0.07 | 0.14 | 0.24 | 0.28 | 0.23 | 0.15 |
| EPS ₹ | 0.11 | 0.09 | 0.05 | 0.06 | 0.02 | 0.04 | 0.07 | 0.08 | 0.07 | 0.04 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹0Cr, down 100% YoY. OPM at 0%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0.04% (-1.21pp change). FIIs: 5.39% (+0.07pp change). Promoters hold 66.2%.
Margin & Efficiency
ROCE declining from 11.83% (Mar 2015) to 2.04% (Mar 2026). Working capital days: 0.
Valuation
PE 440x with 2.04% ROCE. Price is 576% above book value of ₹17.6. Dividend yield: 0.44%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 9 May - Please find the enclosed newspaper cuttings dated May 09,2026 wherein notice for postal ballot has been published in following newspapers 1. The Free Press Journal …
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 8 May - Postal ballot seeks reappointment of Munesh Narinder Khanna as independent director for five years from May 13, 2026.
- Announcement under Regulation 30 (LODR)-Change in Management Control 7 May - Munesh Narinder Khanna reappointed as Independent Director for five years from May 13, 2026, subject to approval.
- Board Meeting Outcome for Re-Appointment Of Mr.Munesh Narinder Khanna As Non Consecutive Independent For Second Term Of 5 Years 7 May - Board reappointed Munesh Narinder Khanna for five years from May 13, 2026 and Sudhanshu Tripathi at 41st AGM.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 22 Apr - NDL Ventures confirms it is not a Large Corporate as of March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse