Northern Spirits Limited

BSE: NSL · Trading & Distributors · sector

₹105.90BSE close 2026-10-26

Key numbers

Market cap₹170 cr

Price₹105.90

52w high / low₹193 / ₹97

P/E5.9xSector median 13.7x

P/B1.1xSector median 1.0x

Book value₹92.9

Dividend yield0.28%Sector median 0.89%

ROE21.4%Sector median 2.2%

ROCE15.1%Sector median 2.5%

OPM2.2%Sector median 1.1%

Debt / equity1.40xSector median 0.08x

EV/EBITDA6.1xSector median 20.9x

Interest cover3.5x

Current ratio1.60x

Sales growth 3y+36.6%Sector median +13.7%

Profit growth 3y+34.6%Sector median +20.7%

PEG0.17x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 157 companies in Trading & Distributors (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹55 cr vs borrowings ₹209 cr (FY26): borrowings are higher by ₹154 cr.
Operating profit covered interest 3.5x in the last 12 months.
Other income was 7% of net profit in the last 12 months.
Dividend paid in 2 of the last 5 financial years.
Price ₹105.90 on 2026-10-26: -45.1% from the 52-week high, +9.6% 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 ₹231.40 · low ₹105.90

Quarterly results

₹ cr	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	466	534	563	596	616	599
EBITDA	6	14	14	13	10	16
OPM %	1.3%	2.5%	2.4%	2.1%	1.6%	2.7%
Other income	0	0	0	0	1	0
Net profit	2	7	8	7	5	9
EPS (₹)	1.32	4.60	4.73	4.47	3.04	5.78
Revenue YoY					+32.0%	+12.1%
Profit YoY					+138.3%	+25.6%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY22	FY23	FY24	FY25	FY26	TTM
Revenue	268	905	1,235	1,943	2,309	2,374
EBITDA	13	23	31	46	50	53
Net profit	6	11	17	23	27	29
EPS (₹)	3.74	6.94	10.32	14.33	16.85	18.02
Revenue growth		+238.3%	+36.4%	+57.3%	+18.9%	–
Profit growth		+85.5%	+48.9%	+38.6%	+18.2%	–
Dividend / share (₹)	–	–	–	0.25	0.30

Compounded growth	3 years	5 years	Last 12 months
Sales	+36.6%	–	–
Net profit	+34.6%	–	–
EPS	+34.4%	–	–
Share price	–	-14.0% (2y)	-31.1%

Balance sheet

₹ cr	FY25	FY26
Shareholders' equity	123	149
Borrowings	171	209
Cash & equivalents	26	55
Total assets	295	381
Fixed assets	12	11
Investments	0	0
Receivables	167	187
Inventory	83	125
Payables	0	21

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY25	FY26
Cash from operations	-7	7
Cash from investing	-1	-0
Cash from financing	17	22
Capex	1	0
Free cash flow	-8	7

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY25	FY26
ROE %	18.7%	18.2%
ROCE %	16.0%	14.3%
Debtor days	31	30
Inventory days	17	22
Payable days	0	4
Cash conversion cycle (days)	48	48
Working capital days	21	22

Peers in Trading & Distributors

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
REDINGTON	₹28,671 cr	16.9x	2.8x	18.0%	18.4%	1.9%	+14.5%	1.85%
MMTC	₹7,599 cr	17.0x	3.6x	23.4%	25.6%	10,805.5%	-90.1%	–
MSTCLTD	₹4,097 cr	17.5x	4.5x	28.5%	30.1%	61.1%	-20.0%	1.30%
CNL	₹1,607 cr	24.7x	4.4x	22.4%	16.3%	3.6%	+25.2%	0.05%
BNAGROCHEM	₹1,267 cr	45.5x	2.7x	4.0%	0.7%	-0.5%	–	–
YSL	₹757 cr	8.3x	0.6x	7.1%	0.3%	2.1%	+0.3%	2.03%
SHIVAUM	₹738 cr	64.9x	6.1x	10.2%	11.3%	3.1%	–	–
STCINDIA	₹594 cr	0.9x	1.0x	228.5%	108.2%	–	–	–
PERVASIVE	₹587 cr	0.1x	6.5x	-0.2%	-0.1%	-0.9%	–	–
NSL	₹170 cr	5.9x	1.1x	21.4%	15.1%	2.2%	+36.6%	0.28%

All 157 companies in Trading & Distributors →

Dividends & corporate actions

Ex-date	Action	Detail
2026-09-16	Dividend	Final Dividend Rs 0.35
2025-09-12	Dividend	Final Dividend Rs 0.3
2024-09-20	Dividend	Final Dividend Rs 0.25

Documents

Links go to the original files on the exchange website.

About the company


Sector	Services
Industry	Trading & Distributors
Sub-industry	Trading & Distributors
Symbol	NSL
BSE code	542628
ISIN	INE01BL01012
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.