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NSE:NIBE

NIBE LIMITED

Capital Goods › Aerospace & Defense
₹1,161.00
at close · 27 Oct 2026
▲ 31.10 (+2.75%)

Latest filings

  1. NIBE Limited files SEBI Regulation 74(5) certificate for Sep 2026 quarter · Compliance
  2. NIBE Limited gets credit rating of BBB minus Stable from Infomerics · Credit & Debt
  3. NIBE AGM 2026 results: All 16 resolutions passed, dividend of Rs 1.30 declared · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures and supplies defence equipment to the Indian armed forces, with a small aeronautics line that is currently loss-making. The Defence segment accounts for 91.2% of FY26 segment revenue at Rs 434.02 crore and is profitable, while Aeronautics contributes the remaining 8.8% at Rs 41.72 crore and reported a negative EBIT. Product portfolio includes rocket launchers (Suryastra, a 300km system), loitering munitions (Vayu Astra-1), and vehicle-mounted mortars (Garudastra 120mm). A Rs 293 crore Indian Army contract under the Emergency Procurement framework was awarded in January 2026 for the Suryastra system, which completed trials at ITR Chandipur in May 2026 with 1.5m and 2.0m CEP accuracy. The company operates a 200-acre Shirdi defence facility and, through its subsidiary Nibe Defence and Aerospace Limited, has secured a DPIIT licence to manufacture and proof-test firearms. Customers are government defence buyers, primarily the Indian Army, and the cost structure is dominated by materials (19.2% of revenue) and capital expenditure (23.7% of revenue), reflecting the asset-heavy nature of defence manufacturing.

Revenue mix · reported segments
Defence91.2%
Aeronautics8.8%
Operating scale
FY26 revenue
Rs 474.45 croreFY26
Defence segment revenue
Rs 434.02 croreFY26
Indian Army Suryastra contract
Rs 293 croreJanuary 2026
Shirdi defence facility
200 acres
Suryastra rocket range
300 km
Capex intensity
23.7% of revenueFY26
Who pays it
Indian armed forces and government defence buyers, primarily the Indian Army
Biggest cost
Materials at 19.2% of revenue, with capex at 23.7% reflecting asset-heavy defence manufacturing
Kind of business
Asset-heavy defence manufacturing with a small, loss-making aeronautics line
Where it sits
A small Indian-listed defence manufacturer supplying rocket launchers, mortars and munitions to the Army, with a single large Rs 293 crore contract underpinning most FY26 revenue
Market Cap
₹1,772 Cr
P / E (TTM)
—
EV / EBITDA
57.2×
Div Yield
0.10%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
4.6%·
ROCE (FY26)
ROE 0.0% · margin 10.3%
Leverage
0.30·
Debt / Equity · low
Net debt ₹83 Cr
Revenue FY23→FY26
4.5×▲
Margin −1.5 pts
₹105 Cr → ₹474 Cr
Cash conversion
0.19×▼
Operating cash ÷ profit · 3 yrs
₹9 Cr on ₹46 Cr
Moves on a normal day
1.70%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 25 Aerospace & Defense peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#4/23
ROCE#24/26
ROE#20/23
Debt / Equity#19/23
EBITDA margin#23/23
Revenue growth#19/23
Profit growth#21/21

Scorecard

Measured from the filed financials, judged against its Aerospace & Defense peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Returns on capital 4.6%
#24 of 26 in Aerospace & Defense on the latest reported figures
Carries more debt than its peers — 0.30× equity
higher than 82% of its 23 Aerospace & Defense peers
Over 3 years it reported ₹46 Cr of profit and ₹8.69 Cr of operating cash — 0.19×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 123 → 178 days of receivables
FY23 → FY26

Charts

How has the market priced it — with filings on the timeline?

NIBE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from NIBE LIMITED's filed financials and exchange disclosures

What does NIBE LIMITED do?

NIBE LIMITED is a Aerospace & Defense company listed on NSE and BSE, trading under the symbol NIBE.

Is NIBE LIMITED profitable?

No. Over the trailing twelve months NIBE LIMITED reported a net loss of ₹13 Cr on revenue of ₹455 Cr.

Does NIBE LIMITED pay a dividend?

Yes. The dividend yield is 0.10% at the current price. It paid out 2824% of its profit as dividend in FY26.

Is NIBE LIMITED debt-free?

No. It reported borrowings of ₹107 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹83 Cr after cash. Debt stands at 0.30× equity. That is higher than 82% of its 23 Aerospace & Defense peers.

How much does the NIBE LIMITED share price move in a day?

On a typical session NIBE LIMITED moves 1.70% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track NIBE LIMITED's announcements?

Every NSE and BSE filing by NIBE LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.