SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Nihar Info Global Ltd (531083)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531083 NSE: IT - Software | Small Cap | Nihar Info Global Share Price

₹5.63 -0.28 (-4.74%)

As on 04-Jun'26 16:59

Nihar Info Global Ltd (531083)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531083 NSE: IT - Software | Small Cap | Nihar Info Global Share Price

₹5.63 -0.28 (-4.74%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹6 Cr.
Current Price
₹5.6
52-Week Low / High
₹4 / 9
TTM EPS
₹0.5
TTM Sales
₹15 Cr.
Book Value per Share
₹6.1
P/E Ratio
10.87
Industry PE
22.2
Price to Book (P/B)
0.92
Higher than its 5-year historical median
Price to Sales (P/S)
0.39
Lower than its 5-year historical median
EV/EBITDA
10.61
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-47.10%
Underperforms industry median
Return on Capital Employed (ROCE)
-36.91%
Underperforms industry median
Return on Assets (ROA)
-31.43%
Operating Profit Margin
-71.8%
Net Profit Margin
-75.42%
Gross Profit Margin
-75.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
51.89%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
27.49%
Pledged shares (%) of Promoter's holding (%)
26.90%
Reserves
₹-4 Cr.
Equity
₹10.4 Cr.
Face Value
₹10
All Time Low / High
₹0.27 / 38.05

Nihar Info Global stock performance

Key Ratios
mw4me loader

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Nihar Info Global Ltd a good quality company?
Nihar Info Global Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nihar Info Global Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nihar Info Global Ltd vs industry peers?
Nihar Info Global Ltd revenue CAGR is -8.40%, compared to the industry median CAGR of 2.48%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Nihar Info Global Ltd?
Promoters hold 27.49% of the Nihar Info Global Ltd, with 26.90% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Nihar Info Global Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -8% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nihar Info Global Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 8.5%4.3%4.5%0.6%4.4%4.3%4.3%2.1%-27.4%-36.9%-
Value Creation
Index
-0.4-0.7-0.7-1.0-0.7-0.7-0.7-0.9-3.0-3.6-

Growth Parameters

Sales 0.91.54.95.87.54.89.55.33.24.815
Sales YoY Gr.-68.1%219%18.9%29.1%-36.6%100.4%-44.3%-40%51.9%-
Adj EPS 0.80.40.40.10.40.50.40.1-3.6-3.50.5
YoY Gr.--46.8%-2.4%-65.9%178.6%20.5%-14.9%-80%-4650%NA-
BVPS (₹) 11.211.512.512.212.613.113.512.89.25.76.1
Adj Net
Profit
0.40.20.30.10.30.40.30.1-3.8-3.61
Cash Flow from Ops. 0.40.1-1.4-1.80.150.2-2.10.10-
Debt/CF from Ops. 1.11.9-0.1-0.620.80.39.3-0.726.20-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 20.4%-8.4%-20.2%51.9%
Adj EPS -218%-255.1%-306.1%NA
BVPS-7.2%-14.8%-25.1%-38.1%
Share Price -9.7% -2.4% -0.1% 7.2%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
7.33.73.71.33.13.630.7-33.1-47.18.8
Op. Profit
Mgn %
55.318.44.82.45.46.25.75.5-111.4-71.83.9
Net Profit
Mgn %
43.313.65.124.38.13.41.7-119.1-75.43.6
Debt to
Equity
0.1000.10.10.20.10.10.20.30
Working Cap
Days
1,8281,22946654463885324951170139993
Cash Conv.
Cycle
-93117224-22-1,873-1,691-1,298-704-359-3,75728

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales0.911.534.885.807.494.759.525.303.184.83
Operating Expenses > + 0.411.264.655.807.094.468.985.016.728.30
Manufacturing Costs0.030.020.030.060.020.030.010.040.010
Material Costs0-0.03-0.07-0.440.32-0.280.22-0.02-0.41-0.14
Employee Cost 0.070.420.480.260.400.110.170.140.150.15
Other Costs > 0.300.854.215.916.354.608.594.836.988.28
Operating Profit > 0.500.270.23-0.010.400.290.540.29-3.54-3.47
Operating Profit Margin (%) 54.8%17.9%4.6%-0.1%5.3%6.1%5.7%5.5%-111.0%-71.8%
Other Income > + 0.020.020.110.090.130.2300.0100
Exceptional Items > 0000000000
Interest > 000.010.050.120.130.170.180.240.17
Depreciation > 0.010.040.030.020.010.010.010.010.010.01
Profit Before Tax > 0.500.260.300.010.390.380.360.11-3.79-3.64
Tax > 0.110.050.05-00.07-00.040.0300
Profit After Tax 0.390.200.250.010.310.380.330.09-3.79-3.64
PAT Margin (%) 43.0%13.3%5.0%0.2%4.2%8.0%3.4%1.7%-119.0%-75.4%
Adjusted EPS (₹)0.80.40.40.00.40.50.40.1-3.6-3.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Nihar Info Global - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5.585.777.659.9910.3010.6811.0113.359.565.91
Share Capital 556.158.168.168.168.1610.4110.4110.41
Reserves 0.580.771.511.832.142.532.852.94-0.85-4.49
Debt +0.500.090.151.121.341.551.371.471.541.82
Long Term Debt0.2000000.190.410.010.080.35
Short Term Debt0.300.090.151.121.341.360.961.461.461.46
Minority Interest0000000000
Trade Payables0.110.100.390.556.330.951.690.260.523.24
Others Liabilities 0.430.810.930.830.830.350.420.370.300.29
Total Liabilities 6.626.769.1112.4918.8013.5314.4915.4511.9211.26

Fixed Assets

Net Fixed Assets +0.120.080.050.070.050.040.030.030.020.02
Gross Block1.071.081.081.131.121.121.121.131.131.13
Accumulated Depreciation0.9511.031.061.071.081.091.101.111.12
CWIP 1.311.441.652.382.467.467.467.467.465
Investments 000000000.040.04
Inventories00.040.110.540.220.500.280.300.710.85
Trade Receivables0.731.302.202.979.233.735.145.221.513.91
Cash Equivalents 0.030.090.100.080.070.040.010.110.030.02
Others Assets 4.433.8156.456.771.771.572.332.151.41
Total Assets 6.626.769.1112.4918.8013.5314.4915.4511.9211.26

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0.440.05-1.36-1.750.064.970.15-2.060.060
PBT 0.500.260.300.010.390.380.360.11-3.790
Adjustment 0.010.040.030.020.010.010.010.193.470
Changes in Working Capital -0.07-0.24-1.7-1.79-0.344.58-0.19-2.330.370
Tax Paid 000000-0.04-0.0300
Cash Flow From Investing Activity + -0.54-0.14-0.21-0.78-0.07-50-0.01-0.040
Capex -1.01-0.01-0-0.04-0-50-0.01-00
Net Investments 0000000000
Others 0.47-0.13-0.21-0.74-0.07000-0.040
Cash Flow From Financing Activity + 0.060.161.582.5100-0.151.67-0.100
Net Proceeds from Shares 001.642.510-0.1902.2500
Net Proceeds from Borrowing 000000.19-0.15-0.400.070
Interest Paid 0000000-0.17-0.170
Dividend Paid 0000000000
Others 0.060.16-0.060000-000
Net Cash Flow -0.040.060.01-0.02-0.01-0.030-0.40-0.080

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)7.263.593.650.143.13.6330.72-33.08-47.1
ROCE (%)8.524.324.450.614.434.274.312.14-27.41-36.91
Asset Turnover Ratio0.130.230.610.540.480.290.680.350.230.42
PAT to CFO Conversion(x)1.130.25-5.44-1750.1913.080.45-22.89N/AN/A
Working Capital Days
Receivable Days454.70242.40131.10162.90297.30497.90170356.90385.70204.80
Inventory Days095.4020.5018.6027.7015.1020.2058.3059.20
Payable Days0-1,543.50-1,292.40-393.803,964.90-4,733.602,225.800-346.30-4,992.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *26.9026.9026.9026.9026.9026.9026.9026.9026.9026.90
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nihar Info Global Ltd FAQs

The current trading price of Nihar Info Global on 04-Jun-2026 16:59 is ₹5.63.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Nihar Info Global stood at ₹5.86 Cr

The latest P/E ratio of Nihar Info Global as of 03-Jun-2026 is 10.87.

The latest P/B ratio of Nihar Info Global as of 03-Jun-2026 is 0.92.

The 52-week high of Nihar Info Global is ₹8.65 and the 52-week low is ₹4.19.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nihar Info Global is ₹15.02 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nihar Info Global Ltd is a below average quality company.

The key valuation ratios of Nihar Info Global Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nihar Info Global Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nihar Info Global Ltd

Nihar Info Global (NIGL) was established in 1995. It is India’s fast growing IT solutions and products company. It is a 15-year old public limited company listed on the Bombay Stock Exchange (BSE). Nihar aims to provide the very best in bringing cost effective solutions with quality processes, good infrastructure and a committed people force.

Nihar is an IBM business partner and IBM valuenet partner for enterprise content management solutions. It is also IBM filenet software valuenet - technical service provider.

The company has executed more than 100 software projects in the last ten years related to IBM filenet solutions, ERP, customized ERP solutions, testing, e- learning, e-governance, intranet and extranet portals, multimedia, web technologies and interactive portals.

The company has executed projects in India, Saudi Arabia, United Arab Emirates and USA.

Services provided by the company

  • ECM Solutions
  • Customized Application Development 
  • Customized ERP Solutions 
  • E-Governance
  • IN Domain Registrar 

Certification / Recognition

ISO 9001: 2000

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×