Nibe Limited
NSE: NIBE · Aerospace & Defense · sector
₹1,126.10NSE close 2026-10-26
Key numbers
Market cap₹1,719 cr
Price₹1,126.10
52w high / low₹1,848 / ₹810
P/E–Sector median 75.3x
P/B4.9xSector median 8.2x
Book value₹228.3
Dividend yield0.11%Sector median 0.15%
ROE-2.5%Sector median 12.6%
ROCE0.8%Sector median 13.7%
OPM6.1%Sector median 20.9%
Debt / equity0.31xSector median 0.11x
EV/EBITDA64.1xSector median 59.6x
Interest cover0.2x
Current ratio1.49x
Sales growth 3y–Sector median +15.9%
Profit growth 3y–Sector median +32.2%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Aerospace & Defense (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹48 cr vs borrowings ₹107 cr (FY26): borrowings are higher by ₹59 cr.
- Operating profit covered interest 0.2x in the last 12 months.
- Promoter holding fell by 3.47 percentage points in a year, to 51.46% (2026-09-30).
- Net loss in 3 of the last 7 quarters.
- Dividend paid in 1 of the last 2 financial years.
- Price ₹1,126.10 on 2026-10-26: -39.1% from the 52-week high, +39.1% 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 ₹1,953.60 · low ₹768.15
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 149 | 113 | 82 | 73 | 59 | 260 | 63 |
| EBITDA | 7 | 19 | 8 | -4 | -10 | 51 | -10 |
| OPM % | 4.8% | 17.0% | 9.1% | -6.1% | -16.2% | 19.8% | -15.1% |
| Other income | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Net profit | 2 | 8 | 2 | -8 | -17 | 29 | -11 |
| EPS (₹) | 1.35 | 6.11 | 0.72 | -6.69 | -11.76 | 20.11 | -7.34 |
| Revenue YoY | -60.3% | +130.5% | -23.6% | ||||
| Profit YoY | -924.2% | +282.6% | -680.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 507 | 474 | 455 |
| EBITDA | 60 | 45 | 28 |
| Net profit | 27 | 6 | -7 |
| EPS (₹) | 19.76 | 3.88 | -5.68 |
| Revenue growth | -6.5% | – | |
| Profit growth | -78.9% | – | |
| Dividend / share (₹) | – | 1.25 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | -7.9% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 232 | 348 |
| Borrowings | 73 | 107 |
| Cash & equivalents | 19 | 48 |
| Total assets | 442 | 653 |
| Fixed assets | 117 | 174 |
| Capital work in progress | 33 | 62 |
| Investments | 0 | 0 |
| Receivables | 151 | 231 |
| Inventory | 12 | 40 |
| Payables | 86 | 121 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 25 | -35 |
| Cash from investing | -60 | -77 |
| Cash from financing | 30 | 127 |
| Capex | 49 | 113 |
| Free cash flow | -24 | -147 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 11.5% | 1.6% |
| ROCE % | 15.5% | 4.2% |
| Debtor days | 109 | 178 |
| Inventory days | 11 | 43 |
| Payable days | 76 | 129 |
| Cash conversion cycle (days) | 44 | 92 |
| Working capital days | 53 | 87 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.46% |
| FIIs | 10.88% |
| DIIs | 0.60% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 37.06% |
| Quarter | Sep 2025 | Dec 2025 | Mar 2026 | Mar 2026 | Jun 2026 | Jun 2026 | Jul 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 54.93% | 55.01% | 53.39% | 53.39% | 52.27% | 52.27% | 51.46% | 51.46% |
| Promoter group | % |
|---|---|
| Nibe Ganesh Ramesh | 46.84% |
| Manjusha Ganesh Nibhe | 4.35% |
| Bhagesh Ganesh Nibe | 0.18% |
| Dnyaneshwar Karbhari Nibe | 0.04% |
| Mandatai Ramesh Nibe | 0.02% |
| Nibe Pooja Kishor | 0.02% |
| Late Kishor Ramesh Nibe | 0.00% |
| Varun Ganesh Nibe | 0.00% |
| Harshada Kishor Nibe | 0.00% |
| Sayali Dnyaneshwar Nibe | 0.00% |
| Public holders above 1% | % |
|---|---|
| Venus Investments VCC - Venus Stellar Fund | 4.25% |
| Eminence Global Fund PCC- Eubilia Capital Partners Fund I | 3.62% |
| Jayachandran C R | 1.68% |
| North Star Opportunities Fund Vcc-bull Value Incorporated VCC Sub-fund | 1.34% |
| Ranka Pramod Bhagchand | 1.06% |
45,640 shareholders. Pledged: – of promoter shares.
Peers in Aerospace & Defense
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| HAL | ₹3,19,342 cr | 34.3x | 7.8x | 24.5% | 30.2% | 29.6% | +7.1% | 1.05% |
| BEL | ₹2,65,346 cr | 43.2x | 11.1x | 28.0% | 34.1% | 28.6% | +15.9% | 0.79% |
| BDL | ₹37,719 cr | 72.4x | 8.9x | 12.6% | 16.8% | 12.7% | -0.6% | 0.51% |
| GRSE | ₹21,411 cr | 26.7x | 8.2x | 34.0% | 41.2% | 11.1% | +39.8% | 0.95% |
| DATAPATTNS | ₹21,133 cr | 78.8x | 12.2x | 16.5% | 21.4% | 39.3% | +26.8% | 0.21% |
| AEQUS | ₹16,257 cr | – | 10.9x | -7.6% | 1.1% | 7.6% | – | – |
| APOLLO | ₹15,269 cr | 118.8x | 11.6x | 12.7% | 11.6% | 22.6% | +44.9% | 0.06% |
| ASTRAMICRO | ₹14,226 cr | 75.3x | 10.8x | 15.7% | 18.6% | 28.6% | +12.6% | 0.15% |
| ZENTEC | ₹13,947 cr | 77.1x | 7.4x | 10.3% | 14.6% | 32.6% | +46.5% | 0.13% |
| NIBE | ₹1,719 cr | – | 4.9x | -2.5% | 0.8% | 6.1% | – | 0.11% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Defence | ₹434 cr | 91.2% | ₹20 cr | 4.7% |
| Aeronautics | ₹42 cr | 8.8% | ₹-16 cr | -39.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-22 | Dividend | Dividend - Rs 1.30 Per Share |
| 2025-09-23 | Dividend | Dividend - Rs 1.25 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- 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 | Industrials |
| Industry | Aerospace & Defense |
| Sub-industry | Aerospace & Defense |
| Symbol | NIBE |
| BSE code | 535136 |
| ISIN | INE149O01018 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.