NIBE Ltd
- Market cap
- ₹ 1,717 Cr.
- P/E
- 389.7x
- P/B
- 5.16x
- 52-week range
- 809.6 – 1,848
- ROE
- 2%
- ROCE
- 5%
- Dividend yield
- 0.1%
- Debt / equity
- 0.34
- Sector
- Aerospace & Defense
- Industry
- Aerospace & Defense
- Listed on
- NSE, BSE
About
Nibe Limited is a holding company engaged in the fabrication and machining of components used in the defense sector as well as the assembly of components of electronic (E) vehicles. Its defense activities are primarily focused on precision weapons, surveillance communication equipment, protective vehicles, defensive/ deterrence systems, and components. Its Defence Structures division offers tank turrets, modular bridges, VMC and CNC machinery. Its Small Arm division offers advanced small arms and firearms. Its Aeronautics division offers aerial defense capabilities and charter aviation services. Its Electronics division offers precision manufacturing of electrical and electronic assemblies. Its Space division is engaged in satellite manufacturing and Earth observation. Its products include BrahMos Missiles Canister, K9 Vajra Tank-Hull and Turret, Pinaka Launcher System, Universal Vertical Launch Mechanism, Road Mobile Launcher, Ruggedized Ethernet Switch, and Network Switch.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Aerospace & Defense: 33 companies →NIBE Ltd against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)389.7 against a typical 72.2: pricier than most peers (1st = cheapest).32nd of 33
- Sales growth−23.2% against a typical +30.4% from a year earlier.25th of 28
- Profit growth−1,300% against a typical +8.9% from a year earlier.26th of 27
- Share price, 3 months−17.4% against a typical −2%.27th of 32
- Size₹ 1,717.1 Cr. market value against a typical ₹ 4,442.2 Cr. (1st = largest).20th of 28
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB- by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB- | Stable | 8 Oct 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 8 Oct 2026 | New rating | IVR BBB- | Low | Infomerics | ₹ 180 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 29 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend if any |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 23 Dec 2025 | Fund Raising | Board Meeting Intimation for Consideration and Approval of Fund-Raising Proposal |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 12 Aug 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended Jun 30, 2025 and Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 41 | 63 | 152 | 110 | 136 | 149 | 113 | 82 | 73 | 59 | 260 | 63 |
| Expenses | 35 | 56 | 133 | 95 | 118 | 142 | 93 | 75 | 78 | 69 | 208 | 73 |
| Operating Profit | 6 | 7 | 19 | 15 | 18 | 7 | 19 | 8 | −4 | −10 | 51 | −10 |
| OPM % | 14% | 11% | 13% | 14% | 13% | 4.8% | 17% | 9% | −6% | −16% | 20% | −15% |
| Other Income | 0 | 2 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Interest | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 4 | 7 | 3 |
| Depreciation | 1 | 1 | 3 | 4 | 5 | 5 | 4 | 5 | 7 | 8 | 8 | 4 |
| Profit before tax | 4 | 6 | 15 | 11 | 12 | 2 | 15 | 2 | −13 | −22 | 37 | −15 |
| Tax % | 27% | 21% | 31% | 28% | 26% | −1% | 41% | 42% | −26% | −13% | 26% | −21% |
| Net Profit | 3 | 4 | 10 | 8 | 9 | 2 | 9 | 1 | −10 | −19 | 28 | −12 |
| EPS in Rs | 2.39 | 3.34 | 8.31 | 6.02 | 6.38 | 1.45 | 5.34 | 1.31 | −5.82 | −11.76 | 19.56 | −7.23 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 65%
- TTM
- −5%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 25%
- TTM
- −135%
- 10 Years
- 69%
- 5 Years
- 89%
- 3 Years
- 47%
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| NIBE Ltd | ₹ 1,158.00 | ₹ 1,717 Cr. | 389.7x | 5.2x | 2% | — |
| Arvind | ₹ 482.00 | ₹ 13,095 Cr. | 33x | 3.5x | 10.6% | 4.6% |
| Trident | ₹ 20.48 | ₹ 10,437 Cr. | 34.3x | 2.7x | 8% | 5.6% |
| Garware Technical Fibres | ₹ 740.25 | ₹ 7,202 Cr. | 35.8x | 5.6x | 16.4% | 13.9% |
| Filatex India | ₹ 91.60 | ₹ 4,068 Cr. | 17.3x | 2.1x | 12.9% | 4.4% |
| Nitin Spinners | ₹ 602.30 | ₹ 3,386 Cr. | 17.4x | 2.1x | 12.8% | 5.5% |
Management
- Ganesh Ramesh Nibe
- Chairman of the Board and Managing Director, Executive Director
- Jigar Shah
- Chief Financial Officer
- Balakrishnan Govind Swamy
- Chief Technical Officer
- Komal Prashant Bhagat
- Company Secretary and Compliance Officer
Prices are delayed and for information only. Nothing on this page is investment advice.