NIBE share price today

NIBE Ltd's share price was ₹1,175.40 at the close on 4 November 2026. It has been falling for 1 week. That is 9.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹871 and ₹1,816, and at that close it sat 32% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today NIBE Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 15 weeks running.

Over the last 11 years the share price moved +14,304% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 24 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: operating margin down 24 points on a year earlier and indian funds and insurers (DIIs) raised their stake for 3 quarters in a row.

1. Operating margin down 24 points on a year earlier

   -15% in the June 2026 quarter, from 9%.

2. Indian funds and insurers (DIIs) raised their stake for 3 quarters in a row

   From 0.4% to 0.6% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), NIBE reported revenue of ₹63.0 crore, down 23.2% from ₹82.0 crore a year earlier, and a loss of ₹12.0 crore, down 1,300.0% from ₹1.00 crore.

NIBE results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

NIBE closed at ₹1,175.40 on 4 November 2026, down 2.0% from ₹1,200.00 a year earlier (7 November 2025) and up 2,460.8% over five years. Its highest weekly close since March 2016 was ₹2,138.50 on 5 July 2024.

NIBE share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

425 weekly closes from 9 March 2016 to 4 November 2026.

4 Nov 2026: NIBE closed at ₹1,175.40, up 6.2% on the week and down 4.8% on the month. 22 Sep 2026: ex-date for a dividend of ₹1.30 a share.

Earlier

• Results for April to June 2026: Revenue down 23.2% and profit down 1,300.0% on a year earlier.

NIBE paid ₹1.30 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.11% at the ₹1,175.40 close on 4 November 2026. The last was a dividend of ₹1.30 a share, ex-date 22 September 2026.

NIBE dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. NIBE Ltd paid out 34% of its profit as dividends in FY26, and it paid a dividend in 4 of its last 12 reported years.

From the NSE corporate-actions record, read 5 November 2026.

NIBE is on one of our India lists: Defence stocks.

NIBE Ltd posted a net loss of ₹12.0 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹0.0 Cr. That loss is 19.0% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr. 3 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was −₹12.0 Cr, −1,300.0% on a year earlier. For the full year, FY26 profit was ₹0.0 Cr (−100.0% on the year before).

Why profit moved: revenue changed −23.2% on a year earlier and the margin moved −24.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed −587.5% and revenue +0.1%. Profit is growing slower than sales: rising costs are taking part of the growth.

NIBE Ltd reported ₹63.0 Cr of revenue in the Jun 2026 quarter, −23.2% on the same quarter a year earlier. Over 10 years it has grown 48.6% a year on average. The last full year, FY26, came in at ₹474 Cr. The last four reported quarters add to ₹455 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹474 Cr, −6.3% on the year before.

Recent pace: the last four quarters grew +0.1% on average, against 48.6% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −5.2%, against +11.5% a year over the last 8 quarters (rolling over).

NIBE Ltd's operating margin was −15.0% in the Jun 2026 quarter, 24.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between −17.0% and 13.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −24.2 percentage points on the year while gross margin changed −4.7 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 25% of NIBE Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹35.0 Cr of cash, against ₹0.0 Cr of profit. After ₹124 Cr of spending on assets, free cash was −₹159 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

NIBE Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹474 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹273 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 19.2% of FY26 revenue a year.

Spending on assets: ₹273 Cr over the last 3 years, against ₹53.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹62.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

NIBE Ltd's P/E is 389.7×, near the high end of its own history: higher than 84% of past readings. Its usual P/E (the middle reading) is 139.1×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Why the multiple is where it is: over the past year earnings per share moved −79.8% while the price moved −2.0%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +31.7% a year; about +14.8% a year came from earnings growth and about +16.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple.

A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 9.5% on reported income across 14 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

NIBE Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −5.2% in the latest quarter, against +217.9% at its best in 12 quarters, with ROCE falling at 5.0%. This is based on 8 quarters of 4 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

NIBE Ltd earned a ROCE of 5% in FY26. That is up from a low of 0% in FY19. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 0.0% net margin and 0.73× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY26): a 0.0% net margin × 0.73× asset turnover × 1.88× leverage (assets divided by equity) ≈ 0.0% on equity. The margin does its share; borrowing is a big part of it.

The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 9.5% on reported income across 14 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

NIBE Ltd had ₹120 Cr of borrowings against ₹348 Cr of equity in FY26, so its debt is 0.34× its equity. Its operating profit is 3 times its interest bill. Over 5 years borrowings went from ₹2.0 Cr to ₹120 Cr. Over the last 3 of those years it spent ₹273 Cr on assets.

Debt-to-equity shows how much of the business is paid for with borrowed money. Interest cover shows how many times operating profit pays the interest bill. Low debt and high cover are the safe combination.

Part of the spending on assets is being paid for with borrowed money.