NDL Ventures Limited
NSE: NDLVENTURE · Other Financial Services · sector
₹110.21NSE close 2026-10-26
Key numbers
Market cap₹371 cr
Price₹110.21
52w high / low₹140 / ₹80
P/E479.2xSector median 15.7x
P/B6.3xSector median 1.6x
Book value₹17.6
Dividend yield0.45%Sector median 1.27%
ROE1.3%Sector median 1.3%
ROCE1.7%Sector median 0.7%
OPM–Sector median 6.2%
Debt / equity0.00xSector median 0.03x
EV/EBITDA–Sector median 17.7x
Interest cover–
Current ratio11.48x
Sales growth 3y–Sector median +22.5%
Profit growth 3y+49.2%Sector median +28.4%
PEG9.59x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 96 companies in Other Financial Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹6 cr vs borrowings ₹0 cr (FY26): cash is higher (net cash).
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY22).
- Other income was 658% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹110.21 on 2026-10-26: -21.3% from the 52-week high, +37.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹133.54 · low ₹57.47
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | -1 | -1 | -1 | -1 | -1 | -1 | -1 | -1 |
| OPM % | – | – | – | – | – | – | – | – |
| Other income | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.06 | 0.02 | 0.04 | 0.07 | 0.08 | 0.07 | 0.05 | 0.03 |
| Revenue YoY | – | – | – | – | ||||
| Profit YoY | +33.3% | +228.6% | +7.1% | -62.5% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 702 | 0 | 0 | 0 | 0 | 0 |
| EBITDA | 126 | -2 | -4 | -4 | -4 | -4 |
| Net profit | -41 | 0 | 2 | 1 | 1 | 1 |
| EPS (₹) | -15.06 | 0.08 | 0.48 | 0.18 | 0.27 | 0.23 |
| Revenue growth | -100.0% | – | – | – | – | |
| Profit growth | – | +500.0% | -63.6% | +54.2% | +15.3% | |
| Dividend / share (₹) | 4.00 | 4.00 | 2.00 | 1.00 | 0.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | +49.2% | – | +15.3% |
| EPS | +50.0% | – | – |
| Share price | – | -1.3% (2y) | +31.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 68 | 63 | 60 | 59 |
| Borrowings | – | 0 | 0 | 0 | 0 |
| Cash & equivalents | – | 11 | 5 | 17 | 6 |
| Total assets | – | 81 | 69 | 66 | 65 |
| Fixed assets | – | 0 | 0 | 0 | 0 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 0 | 0 | 0 | 0 |
| Inventory | – | 12 | 12 | 0 | 12 |
| Payables | – | 0 | 1 | 1 | 0 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -82 | 75 | -11 | -4 | -5 |
| Cash from investing | -54 | -54 | 10 | 8 | 7 |
| Cash from financing | 138 | -13 | -7 | -3 | -2 |
| Capex | 158 | 0 | 0 | 0 | 0 |
| Free cash flow | -240 | 75 | -11 | -4 | -5 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.4% | 2.6% | 1.0% | 1.5% |
| ROCE % | – | 0.4% | 2.9% | 1.7% | 2.1% |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 66.20% |
| FIIs | 5.39% |
| DIIs | 0.04% |
| Government | 0.00% |
| Public (non-institutions) | 28.38% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 66.20% | 66.20% | 66.20% | 66.20% | 66.20% | 66.20% | 66.20% | 66.20% |
| Promoter group | % |
|---|---|
| Hinduja Group Limited | 42.18% |
| Amas Mauritius Limited | 9.42% |
| Hinduja Realty Ventures Ltd | 7.39% |
| Ashok Parmanand Hinduja | 2.21% |
| Harsha Ashok Hinduja | 2.18% |
| Ambika Ashok Hinduja | 0.79% |
| Hinduja Properties Limited | 0.63% |
| Shom Ashok Hinduja | 0.62% |
| Ashok Parmanand Hinduja | 0.34% |
| A P Hinduja HUF | 0.24% |
| Vinoo Srichand Hinduja | 0.18% |
| Shanoo S. Mukhi | 0.00% |
| Public holders above 1% | % |
|---|---|
| Indusind International Holdings Ltd | 6.51% |
| Bridge India Fund | 2.60% |
| Indusind Communications Limited | 1.77% |
| Dilipkumar Lakhi | 1.34% |
| Allstars Investments Limited | 1.30% |
| Unico Global Opportunities Fund Limited | 1.07% |
9,945 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Financial Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| ARCFIN | ₹37,47,491 cr | 43.0x | 37,875.8x | 0.8% | – | – | +66.4% | – |
| CRISIL | ₹34,926 cr | 39.5x | 10.7x | 29.1% | – | 29.8% | – | – |
| RRP | ₹10,960 cr | 1,406.3x | 1,211.9x | -60.1% | -47.5% | 105.2% | – | – |
| ARCIL | ₹3,972 cr | – | – | – | – | – | – | – |
| KISSHT | ₹3,472 cr | 6.5x | 2.6x | 21.0% | – | 29.9% | – | – |
| GYFTR | ₹1,229 cr | – | – | – | – | – | – | – |
| PRIMESECU | ₹929 cr | 35.5x | 4.4x | 13.2% | – | – | +23.5% | 0.54% |
| CENTRUM | ₹860 cr | – | 2.8x | -73.4% | – | – | +42.1% | – |
| REGENCY | ₹565 cr | 23.9x | 3.0x | 14.1% | – | – | +277.6% | – |
| NDLVENTURE | ₹371 cr | 479.2x | 6.3x | 1.3% | 1.7% | – | – | 0.45% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-15 | Dividend | Dividend - Re 0.50 Per Share |
| 2025-08-22 | Dividend | Dividend - Re 0.50 Per Share |
| 2024-09-06 | Other | Annual General Meeting |
| 2024-09-06 | Dividend | Dividend - Re 1 Per Sh |
| 2023-08-31 | Other | Annual General Meeting |
| 2023-08-25 | Dividend | Dividend - Rs 2 Per Share |
| 2022-11-22 | Restructuring | Demerger |
| 2022-09-15 | Dividend | Dividend - Rs 4 Per Share |
| 2022-09-15 | Other | Annual General Meeting |
| 2021-10-22 | Rights | Rights 2:5 @ Premium Rs 290/- |
| 2021-09-17 | Dividend | Dividend - Rs 4 Per Share |
| 2020-09-22 | Dividend | Dividend - Rs 5 Per Share |
| 2020-09-22 | Other | Annual General Meeting |
| 2019-09-09 | Dividend | Annual General Meeting/Dividend - Rs 17.50 Per Share |
| 2018-09-14 | Dividend | Annual General Meeting/Dividend- Rs 17.50 Per Share |
| 2017-09-20 | Dividend | Annual General Meeting/Dividend - Re 17.50 Per Share |
| 2016-09-12 | Other | Annual General Meeting |
| 2016-03-21 | Dividend | Interim Dividend - Rs 17.50/- Per Share (Purpose Revised) |
| 2015-09-14 | Other | Annual General Meeting |
| 2015-05-08 | Dividend | Interim Dividend - Rs 15/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Financial Services |
| Industry | Other Financial Services |
| Sub-industry | Other Financial Services |
| Symbol | NDLVENTURE |
| BSE code | 500189 |
| ISIN | INE353A01023 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.