Nirlon Ltd, Fundamental analysis

Industry Industry name	Infrastructure Developers & Operators
Variance Full Year Net Profit Variance	58
Equity Latest Equity	90.12
Face Value Latest Face Value	10
Reserves Total Reserve	378.49
Dividend Full Year Dividend %	150
Sales Turnover Full Year Net Sales	669.17
Net Profit Full Year Net Profit	345.98
Full Year CPS Full Year Cash Per Share	44.6
Earning Per Share Full Year Earning Per Share	38.4
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	170.94
Previous EPS Previous earnings per share	0
Book Value Book value	52
Networth Full Year Return on Networth	59.78
Price/Book Value Price to Book value	11.903846
Yearly PE ratio Full Year Price to Earning per share	16.1
Yearly PC ratio Full Year Price to Cash Per Share	13.9
Bse value BSE Value in lakhs	2.05
Nse value NSE Value in lakhs	16.94
High 52 week high	664
Low 52 week low	445
Price NSE Current market price	621
CPM Current market price	619

Market cap BSE / NSE Market Cap	5579.78
Net profit Latest Quarter Net Profit	70.59
Net profit variance Latest Quarter Net Profit variance	32
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	622.16
TTM OP Trailing Twelve 12 month Operating Profit	490.4
TTM OPM Trailing Twelve 12 month Operating Profit Margin	78.82
TTM GP Trailing Twelve 12 month Gross Profit	427.52
TTM GPM Trailing Twelve 12 month Gross Profit Margin	63.89
TTM NP Trailing Twelve 12 month Net Profit	209.61
TTM NPV Trailing Twelve 12 month Net Profit Variane	58.3
TTM EPS Trailing Twelve 12 month EPS	38.39
TTM PE Trailing Twelve 12 month PE	16.13
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	57.15
Equity Latest Equity	90.12
LTP Latest Price (BSE/NSE)	619
Gross block Latest Gross Block	2864.43
Loans Total loans	0
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	77.9
Year GPM Full Year Gross Profit Margin	63.9
Quarter OPM Latest quater Operation Profit Margin	77.4

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	157	160	161	158	163	165	170	171
YOY Sales Growth %	6%	7%	6%	3%	4%	3%	5%	8%
Gross Sales	157	160	161	158	163	165	170	171
+ Expenses	36	32	30	35	35	36	38	39
Manufacturing Cost %	14%	10%	9%	10%	12%	12%	13%	11%
Employee Cost %	1%	1%	1%	1%	1%	1%	1%	1%
Other Cost %	8%	9%	9%	11%	8%	9%	9%	11%
Other Manufacturing Expenses %	14%	10%	9%	10%	12%	12%	13%	11%
Development & Construction Cost %	8%	9%	9%	11%	8%	9%	9%	11%
Operating Profit	120	129	131	123	128	129	132	132
OPM %	77%	80%	81%	78%	78%	78%	78%	77%
+ Other Income	1	2	3	3	4	4	3	3
Miscellaneous Income	1	2	3	3	4	4	3	3
Interest	30	30	29	28	28	26	28	26
Depreciation	14	14	14	13	14	14	14	14
Profit before tax	78	87	90	84	90	93	93	96
+ Tax %	36%	35%	35%	36%	35%	-59%	26%	26%
Current Tax	14	15	16	24	24	12	19	25
Deferred Tax	14	15	16	7	7	-67	5	0
Net Profit	50	56	58	54	58	148	69	71
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	289	288	291	299	310	317	384	573	603	636
Sales Growth %		-0%	1%	3%	4%	2%	21%	49%	5%	5%
Gross Sales	252	288	291	299	310	317	384	573	603	636
Other Operating Income	37	0	0	0	0	0	0	0	0	0
+ Expenses	69	67	70	73	79	80	87	115	126	133
Manufacturing Cost %	1%	12%	11%	12%	11%	10%	10%	8%	9%	10%
Employee Cost %	3%	2%	2%	2%	2%	2%	1%	1%	1%	1%
Other Cost %	21%	9%	10%	11%	13%	13%	12%	11%	11%	10%
Power & Fuel %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Other Manufacturing Expenses %	0%	12%	11%	11%	11%	10%	9%	8%	9%	10%
Selling & Administration %	18%	8%	9%	10%	11%	12%	10%	10%	10%	9%
Miscellaneous Expenses %	2%	1%	2%	1%	2%	2%	1%	1%	1%	1%
Development & Construction Cost %	11%	11%	11%	11%	10%	10%	8%	8%	9%	9%
Operating Profit	220	221	221	226	231	237	297	458	477	503
OPM %	76%	77%	76%	76%	74%	75%	77%	80%	79%	79%
+ Other Income	2	5	3	1	1	2	3	3	4	9
Miscellaneous Income	2	5	3	1	1	2	3	3	4	9
Exceptional Income	1	0	0	0	0	0	0	0	0	0
Interest	72	78	66	70	32	14	35	126	123	117
Depreciation	80	71	72	59	53	49	75	103	56	56
Profit before tax	69	78	85	99	146	177	190	233	302	338
+ Tax %	37%	35%	35%	36%	25%	28%	42%	32%	32%	36%
Current Tax	0	17	21	24	28	33	35	41	53	68
Deferred Tax	26	9	9	11	9	16	44	34	43	52
+ Net Profit	44	51	56	64	109	127	111	158	206	218
Profit Growth %		17%	9%	14%	72%	16%	-13%	43%	30%	6%
Extraordinary Income / Expense	-3	0	0	0	0	0	0	0	0	0
Exceptional Item	-3	0	0	0	0	0	0	0	0	0
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	90	90	90	90	90	90	90	90	90	90
Reserves	1,366	283	207	262	364	484	388	312	283	267
+ Borrowings	663	608	611	853	989	978	1,178	1,145	1,146	1,146
Secured Borrowings	596	608	611	853	989	978	1,178	1,145	1,146	1,146
Unsecured Borrowings	67	0	0	0	0	0	0	0	0	0
+ Other Liabilities	253	210	212	251	345	353	542	554	607	740
Current Liabilities	211	128	146	169	151	206	361	385	414	504
Provisions	40	2	0	0	0	0	6	0	14	68
Other liability items	47	125	100	108	199	148	210	199	217	236
Total Liabilities	2,371	1,191	1,120	1,457	1,788	1,906	2,199	2,101	2,126	2,243
+ Fixed Assets	2,251	1,026	835	791	741	705	1,986	1,932	1,910	1,870
Gross Block	2,608	1,098	1,322	1,342	1,355	1,371	2,739	2,798	2,851	2,864
Accumulated Depreciation	357	72	487	551	613	665	753	866	941	995
CWIP	26	55	141	559	948	1,140	13	6	3	9
Investments	0	0	0	0	0	0	0	0	0	0
+ Other Assets	94	109	143	106	99	60	200	163	214	364
Trade receivables	4	4	3	2	4	2	3	3	3	4
Cash Equivalents	4	17	38	5	13	3	100	23	61	174
Loans n Advances	48	54	52	41	22	18	41	43	38	32
Other asset items	38	34	51	58	60	38	55	94	112	155
Total Assets	2,371	1,191	1,120	1,457	1,788	1,906	2,199	2,101	2,126	2,243

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	205	217	212	224	311	209	340	377	425	480
Profit Before Tax & Extraordinary Items	69	78	85	99	146	177	190	233	302	338
Depreciation	80	71	72	59	53	49	75	103	56	56
Interest (Net)	72	77	64	69	31	13	33	107	119	109
Profit / Loss on Sale of Assets	0	-1	2	0	0	0	0	0	0	1
Provisions & Write-offs (Net)	-1	2	2	7	10	14	15	20	19	18
Profit / Loss in Forex	0	0	0	0	1	-1	0	0	0	0
Receivables	2	0	1	0	-2	2	-1	0	0	-1
Trade Payables	-4	-1	3	-1	1	-2	19	-9	-3	8
Loans & Advances	0	0	0	0	0	0	0	0	0	0
Change in Deposits	0	0	0	0	0	0	0	0	0	0
Direct Taxes Paid	-15	-15	-21	-27	-28	-32	-30	-55	-55	-58
+ Cash from Investing Activity	-75	-63	-118	-405	-325	-120	-159	-90	-51	-38
Purchase of Fixed Assets	-76	-80	-121	-405	-327	-121	-161	-85	-55	-47
Sale of Fixed Assets	0	15	1	0	1	0	0	1	0	1
Interest Received	1	1	1	1	1	1	1	3	4	8
Others	0	0	0	-1	0	0	0	-9	0	0
+ Cash from Financing Activity	-136	-140	-74	148	22	-100	-86	-365	-337	-332
Proceeds from Issue of Shares	0	0	0	0	0	0	0	0	0	0
Proceeds from Other Long-Term Borrowings	0	0	0	0	0	15	200	1,146	0	0
Proceeds from Short-Term Borrowings	0	0	97	243	162	0	0	0	0	0
Repayment of Long-Term Borrowings	0	-54	-80	0	0	0	0	-1,178	0	0
Repayment of Short-Term Borrowings	0	0	-15	0	-28	-25	0	0	0	0
Dividend Paid	-8	-8	-7	-7	-7	-7	-207	-234	-234	-234
Others	-53	0	-1	-1	-1	0	0	0	0	0
Net Cash Flow	-6	14	20	-33	8	-10	95	-79	37	110