What the business is, and whether it's a good one at a fair price.
Leases commercial office space at two Mumbai properties — Nirlon Knowledge Park in Goregaon (~3.08 million sq ft) and a 75% stake in Nirlon House in Worli. Revenue comes from licensing these premises to corporate tenants, with global banks and Global Capability Centres among the key occupiers; recent re-licensing of 2,60,000 sq ft went to Deutsche Bank, Barclays, MUFG, Citi and EY, with annual escalations now embedded in most recent agreements. As of 31 March 2026, occupancy across the two properties stood at 99.7%, with only ~8,000 sq ft vacant. FY26 revenue from operations was Rs. 669.17 cr, and the cost shape is dominated by other operating expenses at 21.2% of revenue and depreciation at 8.3%, with employee costs just 0.9%. GIC Singapore holds a 63.92% stake through an affiliate, and the company carries HSBC debt of Rs. 1,150 cr at 7.75% against Rs. 287 cr parked in FDs at 5.5%. FY26 PAT of Rs. 346 cr includes a Rs. 69.5 cr one-time deferred tax reversal from migrating to the new concessional tax regime in Q2 FY26.
Measured from the filed financials, judged against its Diversified Commercial Services peers · as of FY26 — not investment advice
How has the market priced it — with filings on the timeline?
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
How does it stack up on valuation, returns and growth?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Who owns it — and is the promoter stake clean?
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Answered from NIRLON LTD's filed financials and exchange disclosures
NIRLON LTD is a Commercial Services & Supplies company listed on NSE and BSE, trading under the symbol NIRLON.
Yes. Over the trailing twelve months NIRLON LTD reported a net profit of ₹346 Cr on revenue of ₹669 Cr.
Yes. The dividend yield is 4.24% at the current price. It paid out 68% of its profit as dividend in FY26.
No. Debt stands at 2.45× equity, and it carries net debt of ₹1,137 Cr. That is lower than 4% of its 116 Diversified Commercial Services peers.
On trailing P/E, NIRLON LTD ranks 50 of 89 in Diversified Commercial Services — cheaper than 44% of them, against an industry median of 14.3×. This is a position, not a valuation judgement.
On a typical session NIRLON LTD moves 0.24% — that is the median absolute close-to-close move across its last 100 trading days. Announcement days are routinely larger.
Every NSE and BSE filing by NIRLON LTD 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.
