NIBE Ltd
NSE: NIBE BSE: 535136IT / Software
Incorporated in 2005. Nibe Ltd is in the business of manufacturing critical components for Defence, E-Vehicles and Software Development.
₹1,063
52W: ₹810 — ₹2001
PE 0 · Book ₹160 · +564% vs bookMarket Cap₹1,589 Cr
Stock P/E—Price to Earnings
ROCE17%Return on Capital
ROE13.5%Return on Equity
Div. Yield0.12%Face Value ₹10
Strengths
- +Company's median sales growth is 57.5% of last 10 years
Weaknesses
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -1.62%
Shareholding Pattern
Promoters53.39%
FIIs8.67%
DIIs0.35%
Public37.59%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 49.96% | 53.08%▲3.1 | 53.08% | 53.08% | 53.74%▲0.7 | 54.93%▲1.2 | 55.01%▲0.1 | 53.39%▼1.6 |
| FIIs | 9.58% | 7.8%▼1.8 | 8.27%▲0.5 | 8.72%▲0.5 | 7.81%▼0.9 | 4.77%▼3.0 | 5.99%▲1.2 | 8.67%▲2.7 |
| DIIs | 0.74% | 0.49%▼0.3 | 0.46%▼0.0 | 0.45%▼0.0 | 0.59%▲0.1 | 0.7%▲0.1 | 0.35%▼0.3 | 0.35% |
| Public | 39.7% | 38.64%▼1.1 | 38.19%▼0.5 | 37.76%▼0.4 | 37.85%▲0.1 | 39.6%▲1.8 | 38.67%▼0.9 | 37.59%▼1.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41 | 63 | 149 | 109 | 127 | 139 | 106 | 81 | 63 | 38 |
| Expenses | 35 | 56 | 129 | 94 | 109 | 131 | 90 | 71 | 65 | 45 |
| Operating Profit | 6 | 7 | 20 | 15 | 18 | 8 | 16 | 10 | -3 | -7 |
| OPM % | 14% | 11% | 14% | 14% | 14% | 6% | 15% | 13% | -4% | -19% |
| Net Profit | 3 | 5 | 12 | 8 | 9 | 3 | 7 | 4 | -5 | -13 |
| EPS ₹ | 2.83 | 3.97 | 9.28 | 5.99 | 6.57 | 1.97 | 4.81 | 2.68 | -3.4 | -9.23 |
AI Insights
Revenue Trend
TTM revenue at ₹288Cr, down 40.1% YoY. OPM at 6%.
Debt Position
Borrowings at ₹78Cr. Debt-to-equity ratio: 0.36x. Healthy balance sheet.
Institutional Flow
DIIs: 0.35% (-0.88pp change). FIIs: 8.67% (+6.63pp change). Promoters hold 53.39%.
Margin & Efficiency
ROCE improving from 1% (Mar 2014) to 17% (Mar 2025). Working capital days: 61.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 14 May - Crisil monitoring report for Nibe’s ₹251.85 crore preferential issue for quarter ended March 31, 2026.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 4 May - Nibe Space won Rs. 12.58 crore MSEDCL GIS survey order, executable in 42 months.
- Announcement under Regulation 30 (LODR)-Change in Management 11 Apr - Nibe Ltd CFO Jigar Shah resigned effective close of business April 11, 2026 due to health issue.
- Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO) 11 Apr - NIBE CFO Jigar Shah resigned effective April 11, 2026 due to health issues.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr - Compliance Certificate under Reg. 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse