NIRLON

Nirlon Limited

Nirlon Limited (NIRLON) financial statements and selected valuation metrics through 30 June 2026.

Services›Services›Commercial Services & Supplies›Diversified Commercial Services

nirlonltd.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹626.30
Market cap
5,644 Cr
Stock P/E
15.8
P/B
12.04
Dividend yield
4.2%
ROE (FY26)
73.8%
ROCE (FY26)
29.7%
Operating margin (FY26)
69.6%
Debt / equity (FY26)
2.45
OCF / EBITDA (FY26)
106.1%
OCF / EBITDA (3Y)
99.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Owns and rents out a single large office campus, Nirlon Knowledge Park, in Goregaon (East), Mumbai, licensing space to international and Indian companies; it is almost fully let.

Company snapshot

7thBy market cap

Ranked among 36 companies in Diversified Commercial Services.

What we see

Positives
  • ✓Net margin of 51.7% — the business keeps a healthy share of every rupee it earns.
3 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales149 Cr152 Cr153 Cr157 Cr160 Cr161 Cr158 Cr163 Cr165 Cr170 Cr171 Cr168 Cr
Operating expenses (approx.)30 Cr32 Cr32 Cr36 Cr32 Cr30 Cr35 Cr35 Cr36 Cr38 Cr39 Cr39 Cr
EBITDA120 Cr120 Cr122 Cr120 Cr129 Cr131 Cr123 Cr128 Cr129 Cr132 Cr132 Cr129 Cr
OPM %80.1%78.8%79.4%76.9%80.3%81.1%77.8%78.4%78.3%77.5%77.4%76.8%
Other income1 Cr1 Cr0.99 Cr1 Cr2 Cr3 Cr3 Cr4 Cr4 Cr3 Cr3 Cr4 Cr
Interest30 Cr30 Cr33 Cr30 Cr30 Cr29 Cr28 Cr28 Cr26 Cr28 Cr26 Cr26 Cr
Depreciation14 Cr14 Cr15 Cr14 Cr14 Cr14 Cr13 Cr14 Cr14 Cr14 Cr14 Cr14 Cr
Profit before tax77 Cr77 Cr75 Cr78 Cr87 Cr90 Cr84 Cr90 Cr93 Cr93 Cr96 Cr93 Cr
Tax %31.6%31.9%32.1%36.0%35.0%35.0%36.2%35.2%-58.7%25.6%26.1%25.6%
Net profit52 Cr52 Cr51 Cr50 Cr56 Cr58 Cr54 Cr58 Cr148 Cr69 Cr71 Cr69 Cr
EPS (₹)₹5.82₹5.78₹5.68₹5.53₹6.27₹6.47₹5.94₹6.48₹16.39₹7.69₹7.83₹7.70

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales288 Cr291 Cr299 Cr310 Cr317 Cr384 Cr573 Cr603 Cr636 Cr669 CrSign in free for the trailing twelve months
Operating expenses (approx.)66 Cr71 Cr73 Cr79 Cr80 Cr87 Cr115 Cr126 Cr133 Cr148 CrSign in free for the trailing twelve months
EBITDA222 Cr220 Cr226 Cr231 Cr237 Cr297 Cr458 Cr477 Cr503 Cr521 CrSign in free for the trailing twelve months
OPM %77.1%75.7%75.7%74.5%74.8%77.4%80.0%79.1%79.1%77.9%Sign in free for the trailing twelve months
Other income5 Cr3 Cr1 Cr0.99 Cr2 Cr3 Cr3 Cr4 Cr9 Cr14 CrSign in free for the trailing twelve months
Interest78 Cr66 Cr70 Cr32 Cr14 Cr35 Cr126 Cr123 Cr117 Cr108 CrSign in free for the trailing twelve months
Depreciation71 Cr72 Cr59 Cr53 Cr49 Cr75 Cr103 Cr56 Cr56 Cr56 CrSign in free for the trailing twelve months
Profit before tax78 Cr85 Cr99 Cr146 Cr177 Cr190 Cr233 Cr302 Cr338 Cr372 CrSign in free for the trailing twelve months
Tax %34.6%34.7%35.5%25.3%28.0%41.7%32.1%31.8%35.5%7.0%Sign in free for the trailing twelve months
Net profit51 Cr56 Cr64 Cr109 Cr127 Cr111 Cr158 Cr206 Cr218 Cr346 CrSign in free for the trailing twelve months
EPS (₹)₹5.67₹6.18₹7.07₹12.15₹14.14₹12.30₹17.52₹22.81₹24.21₹38.39Sign in free for the trailing twelve months
Dividend payout %————-5.3%187.1%148.4%114.0%107.4%67.7%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital90 Cr90 Cr90 Cr90 Cr90 Cr90 Cr90 Cr90 Cr90 Cr90 Cr
Reserves283 Cr330 Cr262 Cr364 Cr484 Cr388 Cr312 Cr283 Cr267 Cr378 Cr
Borrowings529 Cr611 Cr853 Cr989 Cr978 Cr1,178 Cr1,145 Cr1,146 Cr1,146 Cr1,147 Cr
Other liabilities289 Cr212 Cr251 Cr345 Cr353 Cr542 Cr554 Cr608 Cr740 Cr634 Cr
Total liabilities1,191 Cr1,243 Cr1,457 Cr1,788 Cr1,906 Cr2,199 Cr2,101 Cr2,126 Cr2,243 Cr2,250 Cr
Fixed assets (net)0.62 Cr0.55 Cr0.51 Cr0.47 Cr0.45 Cr0.45 Cr0.44 Cr0.43 Cr0.41 Cr0.40 Cr
CWIP55 Cr165 Cr559 Cr948 Cr1,140 Cr13 Cr6 Cr3 Cr9 Cr7 Cr
Investments——791 Cr741 Cr705 Cr1,985 Cr1,932 Cr1,910 Cr1,869 Cr1,831 Cr
Trade receivables4 Cr3 Cr2 Cr4 Cr2 Cr3 Cr3 Cr3 Cr4 Cr3 Cr
Cash & bank17 Cr37 Cr4 Cr12 Cr2 Cr96 Cr17 Cr54 Cr164 Cr10 Cr
Other assets1,115 Cr1,038 Cr100 Cr83 Cr57 Cr101 Cr143 Cr157 Cr197 Cr398 Cr
Total assets1,191 Cr1,243 Cr1,457 Cr1,788 Cr1,906 Cr2,199 Cr2,101 Cr2,126 Cr2,243 Cr2,250 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity217 Cr211 Cr224 Cr311 Cr349 Cr473 Cr392 Cr428 Cr512 Cr553 Cr
Cash from investing-63 Cr-119 Cr-405 Cr-325 Cr122 Cr-161 Cr-90 Cr-54 Cr-70 Cr-385 Cr
Cash from financing-140 Cr-71 Cr148 Cr22 Cr-10 Cr-7 Cr-381 Cr-337 Cr-332 Cr-322 Cr
Net cash flow14 Cr20 Cr-33 Cr8 Cr461 Cr305 Cr-79 Cr37 Cr110 Cr-154 Cr
Free cash flow (OCF − Capex)138 Cr90 Cr-181 Cr-17 Cr349 Cr312 Cr392 Cr428 Cr465 Cr553 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %17.3%14.6%14.0%12.4%12.3%13.6%23.2%28.0%30.3%29.7%
ROE %13.7%13.2%18.1%24.1%22.2%23.2%39.3%55.1%61.1%73.8%
Debtor days5335232222
Inventory days——00000000
Days payable98910824118129
Cash conversion cycle-4-5-7-6-6-21-9-6-10-7
OCF / EBITDA %98.0%95.6%99.1%134.7%147.0%159.2%85.7%89.8%101.9%106.1%
OCF / EBITDA % (3 years)——97.6%110.1%127.3%148.0%122.4%105.0%92.7%99.5%
Debt / equity1.421.452.422.181.702.472.853.073.212.45
Current ratio0.220.780.250.310.190.390.200.400.821.77
Net debt / EBITDA2.312.613.764.234.123.642.462.291.952.18
Nirlon Limited (NIRLON) Financials | BullKarma