Is NIBE Ltd (NIBE) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that NIBE Ltd is a average quality company .

Is NIBE Ltd (NIBE) undervalued or overvalued?

The key valuation ratios of NIBE Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is NIBE Ltd (NIBE) share price return in the past 10 years?

NIBE Ltd share price has appreciated 62.6% annually (CAGR) over the past ten years.

Is NIBE Ltd (NIBE) a good buy now?

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

What is the share price of NIBE Ltd (NIBE)?

Company share prices are keep on changing according to the market conditions. The current trading price of NIBE Ltd (NIBE) on 17-Apr-2026 16:59:59 at 16:59 is 1053.55.

What is the market cap of NIBE Ltd (NIBE)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 17-Apr-2026 at 16:59, the market cap of NIBE stood at Rs. 1574.14 Cr.

What is the P/E ratio of NIBE?

The latest standalone P/E ratio of NIBE as of 17-Apr-2026 is 0.00.

What is the P/B ratio of NIBE Ltd (NIBE)?

The latest standalone P/B ratio of NIBE Ltd (NIBE) as of 17-Apr-2026 is 5.75.

What is the 52-week high and low of NIBE Ltd (NIBE)?

The 52-week high of NIBE Ltd (NIBE) is Rs. 2000.55 and the 52-week low is Rs. 810.00.

What is the TTM revenue of NIBE Ltd (NIBE)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of NIBE is Rs. 287.77 (Cr.).

NIBE Ltd (NIBE) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: NIBE Ltd (NIBE)
Brand: NIBE

10 Year X-Ray :

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	1.4%	1.2%	1.5%	0.3%	-4.3%	1.7%	6.9%	17.5%	20.6%	17.6%	-
Value Creation Index ⓘ	-0.9	-0.9	-0.9	-1.0	-1.3	-0.9	-0.5	0.3	0.5	0.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	8.6	3.4	4.7	1.9	1.4	2.5	21.2	105	279	481	288
Sales YoY Gr.	-	-60.9%	40%	-59.3%	-24.6%	74.3%	746.2%	394.1%	165.8%	72.6%	-
Adj EPS ⓘ	0.1	0	0	-0	-0.1	0.1	-0.4	3.8	16.7	19	-5
YoY Gr.	-	-50%	0%	-175%	NA	NA	-458.3%	NA	336.3%	13.7%	-
BVPS (₹) ⓘ	10.2	10.3	10.4	10.3	9.9	10	9.6	56.4	117.1	155.5	183.2
Adj Net Profit ⓘ	0.1	0.1	0	-0	-0.1	0.1	-0.5	4.5	21.9	27.2	-8
Cash Flow from Ops. ⓘ	0.6	0	-0.4	0.7	-3.3	0.2	5.5	-7.9	5.1	7.3	-
Debt/CF from Ops. ⓘ	1.3	0.2	-0	0	0	6.5	0	-2.7	12	8.7	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	56.5%	219.8%	183%	72.6%
Adj EPS ⓘ	83.6%	NA	NA	13.7%
BVPSⓘ	35.3%	73.5%	153.4%	32.8%
Share Price	62.6%	100.6%	42.3%	-24.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.8	0.4	0.3	-0.3	-1.2	1.2	-4.4	10.4	18	13.9	-3
Op. Profit Mgn % ⓘ	3.3	6.2	-0.7	-16.8	-14.9	5.4	11	8.1	13.2	12.2	5.7
Net Profit Mgn % ⓘ	1	1.4	0.8	-1.4	-8.6	5	-2.1	4.3	7.9	5.6	-2.6
Debt to Equity ⓘ	0.1	0	0	0	0	0.1	0	0.3	0.4	0.3	-
Working Cap Days ⓘ	356	889	716	1,941	2,588	1,453	319	199	134	126	106
Cash Conv. Cycle ⓘ	280	715	489	1,051	1,517	1,029	149	89	49	37	53

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 183.01%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -44.55%

	Standalone	Consolidated
TTM EPS (₹)	-5	-10.7
TTM Sales (₹ Cr.)	288	328
BVPS (₹) ⓘ	183.2	180.5
Reserves (₹ Cr.) ⓘ	259	255
P/BV ⓘ	5.75	5.84
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	810.00 / 2000.55
All Time Low / High (₹)	5.85 / 2245.40
Market Cap (₹ Cr.)	1,574
Equity (₹ Cr.)	14.9
Face Value (₹)	10
Industry PE ⓘ	47.2

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	9	3	5	2	1	3	21	105	279	481
Operating Expenses ⓘ +	8	3	5	2	2	2	19	96	242	423
Manufacturing Costs	2	1	1	0	0	0	6	15	40	36
Material Costs	6	2	3	2	1	2	6	65	186	353
Employee Cost	0	0	0	0	0	0	3	6	10	14
Other Costs ⓘ	0	1	0	0	1	0	4	10	7	20
Operating Profit ⓘ	0	0	-0	-0	-1	0	2	9	37	59
Operating Profit Margin (%)	3.3%	6.2%	-0.7%	-16.8%	-50.1%	5.4%	11.0%	8.1%	13.2%	12.2%
Other Income ⓘ +	0	0	0	0	0	0	1	5	3	3
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	1	3	4	8
Depreciation ⓘ	0	0	0	0	0	0	3	4	6	16
Profit Before Tax ⓘ	0	0	0	0	-0	0	-0	6	29	38
Tax ⓘ	0	0	0	0	0	0	0	2	7	11
Profit After Tax	0	0	0	-0	-0	0	-0	5	22	27
PAT Margin (%)	1.0%	1.5%	1.7%	-0.2%	-33.2%	5.0%	-2.1%	4.4%	7.9%	5.6%
Adjusted EPS (₹)	0.1	0.1	0.1	0.0	-0.5	0.1	-0.4	3.9	16.8	18.9
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	3%	6%	7%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	11	11	11	11	10	10	10	67	154	222
Share Capital ⓘ	10	10	10	10	10	10	10	12	13	14
Reserves ⓘ	0	0	0	0	-0	0	-0	55	141	208
Debt +	1	0	0	0	0	2	0	21	59	59
Long Term Debt	0	0	0	0	0	2	0	21	59	56
Short Term Debt	1	0	0	0	0	0	0	0	0	3
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	1	0	0	0	0	0	4	3	23	79
Others Liabilities ⓘ	0	0	0	0	-0	0	26	65	55	37
Total Liabilities ⓘ	12	11	11	11	10	12	41	156	291	398
Fixed Assets
Net Fixed Assets ⓘ +	0	0	0	0	0	0	12	39	111	129
Gross Block	1	0	1	0	0	0	15	46	123	158
Accumulated Depreciation	0	0	1	0	0	0	3	6	12	29
CWIP ⓘ	0	0	0	0	0	0	0	10	22	27
Investments ⓘ	4	1	0	1	0	2	0	6	21	16
Inventories	4	5	5	3	6	6	12	9	23	12
Trade Receivables	4	1	2	3	0	1	3	35	38	144
Cash Equivalents	0	1	1	0	0	0	1	13	11	5
Others Assets ⓘ	0	2	4	5	4	2	13	42	65	66
Total Assets ⓘ	12	11	11	11	10	12	41	156	291	398

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	1	0	-0	1	-3	0	5	-8	5	7
PBT ⓘ	0	0	0	0	-0	0	-0	6	29	38
Adjustment ⓘ	0	0	-0	-0	-0	-0	4	6	7	27
Changes in Working Capital ⓘ	0	-0	-0	1	-3	0	2	-19	-29	-50
Tax Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-1	-2	-7
Cash Flow From Investing Activity ⓘ +	-0	2	-0	-1	3	-1	1	-62	-105	-35
Capex	0	0	0	0	0	0	-2	-40	-89	-40
Net Investments	-0	2	1	-1	1	-2	2	-6	-20	5
Others ⓘ	0	-1	-1	-1	3	1	0	-16	4	1
Cash Flow From Financing Activity ⓘ +	-0	-1	-0	-0	-0	2	-5	77	102	22
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	63	68	32
Net Proceeds from Borrowing ⓘ	-0	-0	0	0	0	2	-1	21	41	2
Interest Paid ⓘ	-0	-0	-0	-0	-0	-0	-1	-3	-4	-7
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	-0	-1
Others ⓘ	-0	-1	-0	-0	0	0	-3	-3	-2	-3
Net Cash Flow ⓘ	-0	1	-0	-0	-0	0	1	7	2	-5

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.77	0.47	0.73	-0.04	-4.56	1.21	-4.37	11.9	20	14.34
ROCE (%)	1.43	1.16	1.51	0.25	-4.26	1.65	6.85	17.53	20.57	17.62
Asset Turnover Ratio	0.67	0.29	0.43	0.18	0.14	0.22	0.81	1.07	1.25	1.4
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	-1.6	0.23	0.26
Working Capital Days
Receivable Days	178	277	116	419	395	141	37	66	48	69
Inventory Days	143	486	387	724	1,123	891	156	37	21	13
Payable Days	62	137	19	8	2	3	133	21	26	53

About NIBE Ltd

Nibe Limited (formerly known as Kavita fabrics Limited) is responsible for a range of business initiatives to fulfill its mission and to build its presence as a global organization. The company run its business through different verticals like Defence, E-Vehicles and BVM R&D Foundation. Each business branch thoroughly by implementing category strategies & deliver the best to achieve its goal of being recognized as a global organization.

Business area of the company

The company offers strategic products & related research advancement. The e-vehicals branch deals in the Design, Development, Manufacturing & Trading of E-vehicles and delivers the best in class eco-friendly E-bikes. Electricals, the Hardware & Software Development branch is the collaboration of technology & passion that delivers innovative solutions. BVM R &D Foundation is responsible for the Research and Development of advanced Lithium-ion Battery packs and solutions.

Business Verticals

Defence: Nibe Defence Limited is a State of the Art, new Integrated Defence Components Manufacturing Plant in Chakan, Pune. The plant manufactures a wide spectrum of Critical Components catering to the Defence industry. The objective of Nibe Limited is to strengthen strategic self-reliance under the Flagship Atma Nirbhar Bharat Initiative of the government.

E-Vehicles: A Branch whose core is to be Eco-friendly and is responsible for the Design, Development, Manufacturing and Trading of feature-rich E-vehicles and delivering an on the go transport solution while being environment friendly.

BVM R&D Foundation: It is a department that works in the various segment for the research and development of Lithium-ion Battery packs and solutions to improve its performance & help it sustain a durable and long lifespan.

IT Services: India is on cusp of 5 Trillion economy, a truly transformed digital India in coming years. Consultancy envisages to be the go-to trusted Partner for public & private sector organizations involved intricately in this Digital India success driver.

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NIBE Ltd (NIBE) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

NIBE Share Price

NIBE Ltd (NIBE)

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Overall Rating ⓘ

1. Quality

2. Valuation ⓘ

3. Price Trend

NIBE stock performance

Is NIBE Ltd an attractive stock to invest in?

1. Is NIBE Ltd a good quality company?

2. Is NIBE Ltd undervalued or overvalued?

3. Is NIBE Ltd a good buy now?

10 Year X-Ray :

Analysis of Financial Track Record

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Recent Performance Summary

Latest Financials

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Valuation of NIBE - Standalone Basis

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Event Update

Analyst's Notes

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Finance Ratio

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

NIBE Ltd FAQs

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What is the P/B ratio of NIBE?

What is the 52-week high and low of NIBE?

What is the TTM revenue of NIBE?

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