Operates as an investment and holding entity structured as a Non-Banking Financial Company (NBFC), and is in the process of transitioning to a Type-I NBFC-ND classification — a category that does not accept public funds and has no customer interface. The amended Memorandum of Association removes all 'lending' and 'borrowing' provisions from its object clauses and widens its permitted activities to include commodities trading, manufacturing, IT services and transport. For FY26, total income rose roughly 42% year-on-year to Rs. 19.86 crore, yielding a profit after tax of Rs. 12.43 crore. With zero material costs and no depreciation booked, the cost base is largely employee expenses at 11.6% of revenue and other operating costs at 4.3%. During FY26 it disposed of its investment in associate Shree Cement Marketing Limited and held no subsidiaries, joint ventures or associates as of 31 March 2026. The Board has recommended a 15% dividend (Rs. 0.75 per share) for FY26, up from 10% the previous year. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Investment and other income. Asset-light investment holding company transitioning to a non-operating NBFC
| ₹ crore · consolidated | FY25 |
|---|---|
| Revenue | 14 |
| EBITDA (ex other income) | 11 |
| margin % | 77.6 |
| Owners' profit | 8 |
| EPS, as reported (₹) | 28.71 |
| ROE % · ROCE % | 0.3 · — |
| Debt / equity (x) | 0.00 |
| Cash from operations | 5 |
| Capex | (227) |
| ₹ crore | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|
| Revenue | 1 | 13 | 0 | 9 | 10 |
| Profit before tax | (0) | 11 | (0) | 8 | 9 |
| Net profit | 0 | 8 | (0) | 6 | 6 |
| EPS (₹) | 1.37 | 27.57 | (1.18) | 20.41 | 21.95 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 2 Sept 2026 · N.B.I. Industrial Finance responds to NSE clarification under Reg 33 | regulatory legal | medium | — | — |
| 24 Aug 2026 · Re-appointment of Shri S P Pichumani Kumar as Manager and CFO for 2 years | management changes | medium | — | — |
| 21 Aug 2026 · AGM 2026: All 6 resolutions pass with 99.99 percent majority | compliance | minimal | — | — |
| 21 Aug 2026 · 91st AGM held on Aug 21, 2026; dividend of Rs 0.75 per share declared | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Exchange seeks clarification on Q1 FY27 financial results | regulatory legal | medium | — | — |
| 12 Aug 2026 · NBI Industrial Finance publishes Q1 FY26 results in newspapers | compliance | minimal | — | — |
| 11 Aug 2026 · Q1 FY27 financial results submitted to NSE | results | high | — | — |
| 3 Aug 2026 · Chairman Shri Ashok Bhandari passes away | management changes | critical | — | — |
| 28 Jul 2026 · NBI Industrial Finance publishes 91st AGM notice in newspapers | compliance | minimal | — | — |
| 25 Jul 2026 · AGM on Aug 21; dividend record date Aug 14, 2026 | corporate actions | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| — |
| — |
| 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 29.4 | 18.2 | 145 of 212 | 32% |
| P/B | 0.2 | 1.1 | 8 of 245 | 97% |
| ROE | 0.2 | 3.0 | 198 of 266 | 26% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 91.6 | 48.6 | 34 of 249 | 87% |
| Revenue growth | 1427.9 | 12.6 | 9 of 231 | 97% |
| Profit growth | 1826.6 | 7.8 | 6 of 251 | 98% |
| Market cap | 597 | 37 | 45 of 260 | 83% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.