# NIBE share price today (NIBE Ltd, NSE: NIBE)

> NIBE share price today: ₹1,175.40 at the NSE close on 4 November 2026, down 2.0% in a year. NIBE (NSE: NIBE) is worth ₹1,821 crore, trades at a P/E of 389.7 and has closed between ₹870.50 and ₹1,816.10 over the past 52 weeks. > NIBE Ltd's share price has risen faster than its earnings: −2.0% in a year, against −79.8% for earnings per share. NIBE · Aerospace & Defence - Equipments · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/nibe-ltd

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹1,175.40 (−2.0% in a year)
- P/E: 389.7× (higher than 84% of the last 10 years)
- Revenue (Jun 2026): ₹63.0 Cr (−23.2% on a year ago)
- Profit (Jun 2026): −₹12.0 Cr (−1,300.0% on a year ago)
- Operating margin: −15.0% (−24.0 points on a year ago)
- ROCE: 5%, FY26
- Profit that came in as cash: 25%, last 3 years

The main question: the share price moved −2.0% in a year while yearly earnings per share moved −79.8%. The difference came from the market paying a higher multiple. ## What is the 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. 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. ## What changed at NIBE this quarter? 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. ## What are NIBE's latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹63.0 crore | ₹82.0 crore | −23.2% |
| Profit | loss of ₹12.0 crore | ₹1.00 crore | −1,300.0% |
| Earnings per share | ₹−7.23 | ₹1.31 | −651.9% |
| Operating margin | −15.0% | 9.0% | −24.0 points |

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.)

## What is the NIBE share price history? 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

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹1,106.50 | +6.2% |
| 1 month ago · 1 Oct 2026 | ₹1,234.95 | −4.8% |
| 6 months ago · 8 May 2026 | ₹1,055.10 | +11.4% |
| 1 year ago · 7 Nov 2025 | ₹1,200.00 | −2.0% |
| 3 years ago · 3 Nov 2023 | ₹514.75 | +128.3% |
| 5 years ago · 4 Nov 2021 | ₹45.90 | +2,460.8% |
| 10 years ago · 3 Nov 2016 | ₹8.40 | +13,892.9% |
| Earliest weekly close in our records · 9 Mar 2016 | ₹8.16 | +14,304.4% |
| Highest weekly close since March 2016 · 5 Jul 2024 | ₹2,138.50 | −45.0% |
| Lowest weekly close since March 2016 · 12 Jul 2019 | ₹5.85 | +19,992.3% |
| 52-week high (weekly close) · 19 Jun 2026 | ₹1,816.10 | −35.3% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹870.50 | +35.0% |

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.)

## What is the latest news on NIBE? 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. ## What dividend does NIBE pay? 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

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 22 Sep 2026 | ₹1.30 | Dividend |
| 23 Sep 2025 | ₹1.25 | Dividend |

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. 1 of 5 Of the last 5 financial years, years with an NSE dividend record

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.)

## Which stock lists is NIBE on? NIBE is on one of our India lists: Defence stocks. [Defence stocks Group on the list: Defence equipment and electronics](https://www.sectoralpha.in/sectors/aerospace-defence-equipments)

## Is NIBE profitable? 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. 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. ## How much revenue does NIBE make, and is it growing? 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. 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). ## How much of every ₹100 of sales does NIBE keep? 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. 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. ## Is NIBE's profit turning into cash? 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. 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. ## Where does NIBE's cash go? 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. 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. ## What is NIBE's P/E ratio, and how does it compare with its own history? 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. 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. ## Is the NIBE business getting better or worse? 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. 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. ## How much does NIBE earn on its capital? 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). 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. ## Does NIBE have too much debt? 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. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, 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. ## What is the NIBE shareholding pattern? Foreign institutions raised their stake in NIBE Ltd by 2.6 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 10.9% of the company. Promoters moved −1.6 points over the same period, to 51.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +2.6 points over 8 quarters, to 10.9%; Promoters: −1.6 points over 8 quarters, to 51.5%; Domestic institutions: +0.1 points over 8 quarters, to 0.6%. Why the owners changed: foreign institutions drove it (+2.6 points), with the other side taken by promoters (−1.6 points). They raised their stake step by step. ## How far is NIBE from balance-sheet trouble? For NIBE Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does NIBE rank in its industry? 27.8 out of 100, rank 23 of 25 in Aerospace & Defence - Equipments, with 53% of the evidence available. NIBE Ltd scores 27.8 out of 100 against the 25 companies it is compared with in Aerospace & Defence - Equipments, ranking 23. Some evidence is missing, so the score is pulled toward the middle on purpose. The four parts add up to the total exactly: 4.3 + 5.3 + 10 + 8.2 = 27.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is NIBE compared with? NIBE ranks 23 of 25 Aerospace & Defence - Equipments companies on the 4-Factor Sector Score, with 27.8 out of 100. 1. [Apollo Micro Systems Ltd](https://www.sectoralpha.in/stocks/apollo-micro-systems-ltd) APOLLO · turning · Most evidence points up · 100% evidence 70.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.9/35 · Revenue 77% · Profit 63.8% · Operating margin change 3 points · 100% evidence Capital efficiency 15.7/25 · ROCE 14.5% · Operating margin 29% · 100% evidence Valuation 9.2/20 · P/E 107× · PEG 1.7 · 100% evidence Relative strength 16.4/20 · Lead over its industry 10% · Lead over NIFTY 500 31% · 1 year 44.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 28.9 + 15.7 + 9.2 + 16.4 = 70.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [MTAR Technologies Ltd](https://www.sectoralpha.in/stocks/mtar-technologies-ltd) MTARTECH · breaking out · Most evidence points up · 90% evidence 70.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.3/35 · Revenue 53.5% · Profit 100% · Operating margin change 10.2 points · 100% evidence Capital efficiency 15.5/25 · ROCE 15.1% · Operating margin 23.2% · 100% evidence Valuation 7.4/20 · P/E 155× · PEG n/a · 50% evidence Relative strength 14.9/20 · Lead over its industry 18.6% · Lead over NIFTY 500 37.1% · 1 year 168.4% · 100% evidence · 5 of 12 weeks ahead Exact sum: 32.3 + 15.5 + 7.4 + 14.9 = 70.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Paras Defence and Space Technologies Ltd](https://www.sectoralpha.in/stocks/paras-defence-and-space-technologies-ltd) PARAS · breaking out · Evidence leans up · 82% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 41.5% · Profit 58.8% · Operating margin change 1 points · 95% evidence Capital efficiency 17.5/25 · ROCE 17.2% · Operating margin 29% · 76% evidence Valuation 8.7/20 · P/E 98.6× · PEG n/a · 50% evidence Relative strength 13.3/20 · Lead over its industry 17.1% · Lead over NIFTY 500 37.9% · 1 year 76.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 24.4 + 17.5 + 8.7 + 13.3 = 63.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 4. [Rossell Techsys Ltd](https://www.sectoralpha.in/stocks/rossell-techsys-ltd) ROSSTECH · leader · Evidence leans up · 79% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.5/35 · Revenue 82.9% · Profit 68.8% · Operating margin change 1.8 points · 88% evidence Capital efficiency 8.1/25 · ROCE 11.5% · Operating margin 14.4% · 100% evidence Valuation 8.8/20 · P/E 194× · PEG n/a · 15% evidence Relative strength 19.5/20 · Lead over its industry 28.7% · Lead over NIFTY 500 52.7% · 1 year 107.2% · 100% evidence · 11 of 12 weeks ahead Exact sum: 27.5 + 8.1 + 8.8 + 19.5 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Sigma Advanced System Ltd](https://www.sectoralpha.in/stocks/sigma-advanced-system-ltd) SIGMAADV · leader · Evidence leans up · 78% evidence 58.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.4/35 · Revenue 100% · Profit 20.3% · Operating margin change 307 points · 83% evidence Capital efficiency 9.8/25 · ROCE 11.7% · Operating margin 16% · 76% evidence Valuation 6.9/20 · P/E 102× · PEG n/a · 50% evidence Relative strength 15.0/20 · Lead over its industry 96.2% · Lead over NIFTY 500 116.7% · 1 year 318.8% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.4 + 9.8 + 6.9 + 15 = 58.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Azad Engineering Ltd](https://www.sectoralpha.in/stocks/azad-engineering-ltd) AZAD · leader · Evidence leans up · 89% evidence 57.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.0/35 · Revenue 29% · Profit 41.4% · Operating margin change 1 points · 88% evidence Capital efficiency 12.5/25 · ROCE 11.9% · Operating margin 37% · 100% evidence Valuation 9.0/20 · P/E 114× · PEG 1.94 · 65% evidence Relative strength 14.9/20 · Lead over its industry 4.2% · Lead over NIFTY 500 24.6% · 1 year 44.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21 + 12.5 + 9 + 14.9 = 57.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Jaykay Enterprises Ltd](https://www.sectoralpha.in/stocks/jaykay-enterprises-ltd) JAYKAY · breaking out · Too little evidence to rank firmly · 51% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.3/43.75 · Revenue 100% · Profit 100% · Operating margin change 1.8 points · 83% evidence Capital efficiency 9.2/31.25 · ROCE 4.8% · Operating margin 14.2% · 76% evidence Valuation 12.9/25 · P/E 72.3× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.3 + 9.2 + 12.9 = 56.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 8. [Sika Interplant Systems Ltd](https://www.sectoralpha.in/stocks/sika-interplant-systems-ltd) SIKA · quiet · Evidence leans up · 81% evidence 55.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.1/35 · Revenue 0.5% · Profit 9.8% · Operating margin change 1.1 points · 88% evidence Capital efficiency 21.7/25 · ROCE 34.6% · Operating margin 19.5% · 100% evidence Valuation 12.9/20 · P/E 51.9× · PEG 1.01 · 100% evidence Relative strength 7.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.8% · 1 year -27.7% · 25% evidence · 5 of 12 weeks ahead Exact sum: 13.1 + 21.7 + 12.9 + 7.8 = 55.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Data Patterns (India) Ltd](https://www.sectoralpha.in/stocks/data-patterns-indialtd) DATAPATTNS · quiet · Evidence leans up · 96% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 33.9% · Profit 24.2% · Operating margin change -5 points · 88% evidence Capital efficiency 21.3/25 · ROCE 21.9% · Operating margin 27% · 100% evidence Valuation 7.4/20 · P/E 78.7× · PEG 3.94 · 100% evidence Relative strength 5.5/20 · Lead over its industry -9.4% · Lead over NIFTY 500 8.8% · 1 year 38.5% · 100% evidence · 5 of 12 weeks ahead Exact sum: 20.8 + 21.3 + 7.4 + 5.5 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [High Energy Batteries (India) Ltd](https://www.sectoralpha.in/stocks/high-energy-batteries-indialtd) losing its lead · Evidence leans up · 72% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.9/35 · Revenue 1.5% · Profit -3.5% · Operating margin change 32.4 points · 95% evidence Capital efficiency 19.5/25 · ROCE 20.4% · Operating margin 28.1% · 95% evidence Valuation 11.8/20 · P/E 27.3× · PEG n/a · 50% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -2% · 1 year n/a · 25% evidence · 7 of 11 weeks ahead Exact sum: 12.9 + 19.5 + 11.8 + 8.9 = 53.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Hindustan Aeronautics Ltd](https://www.sectoralpha.in/stocks/hindustan-aeronautics-ltd) HAL · breaking out · Evidence leans up · 96% evidence 52.3 out of 100 Growth Capital Valuation Relative
12. [Dynamatic Technologies Ltd](https://www.sectoralpha.in/stocks/dynamatic-technologies-ltd) DYNAMATECH · breaking out · Evidence leans up · 79% evidence 50.9 out of 100 Growth Capital Valuation Relative
13. [Bharat Electronics Ltd](https://www.sectoralpha.in/stocks/bharat-electronics-ltd) BEL · turning · Evidence leans up · 100% evidence 50.7 out of 100 Growth Capital Valuation Relative
14. [Astra Microwave Products Ltd](https://www.sectoralpha.in/stocks/astra-microwave-products-ltd) ASTRAMICRO · quiet · Evidence leans down · 96% evidence 47.8 out of 100 Growth Capital Valuation Relative
15. [Zen Technologies Ltd](https://www.sectoralpha.in/stocks/zen-technologies-ltd) ZENTEC · turning · Evidence leans down · 60% evidence 47.6 out of 100 Growth Capital Valuation Relative
16. [Mishra Dhatu Nigam Ltd](https://www.sectoralpha.in/stocks/mishra-dhatu-nigam-ltd) MIDHANI · losing its lead · Evidence leans down · 96% evidence 42.4 out of 100 Growth Capital Valuation Relative
17. [AXISCADES Technologies Ltd](https://www.sectoralpha.in/stocks/axiscades-technologies-ltd) AXISCADES · breaking out · Evidence leans down · 89% evidence 41.5 out of 100 Growth Capital Valuation Relative
18. [Ideaforge Technology Ltd](https://www.sectoralpha.in/stocks/ideaforge-technology-ltd) IDEAFORGE · quiet · Evidence leans down · 71% evidence 41.5 out of 100 Growth Capital Valuation Relative
19. [BEML Ltd](https://www.sectoralpha.in/stocks/beml-ltd) BEML · breaking out · Evidence leans down · 88% evidence 40.8 out of 100 Growth Capital Valuation Relative
20. [Bharat Dynamics Ltd](https://www.sectoralpha.in/stocks/bharat-dynamics-ltd) BDL · basing · Evidence leans down · 96% evidence 35.4 out of 100 Growth Capital Valuation Relative
21. [Avantel Ltd](https://www.sectoralpha.in/stocks/avantel-ltd) AVANTEL · basing · Most evidence points down · 83% evidence 34.6 out of 100 Growth Capital Valuation Relative
22. [Aequs Ltd](https://www.sectoralpha.in/stocks/aequs-ltd) AEQUS · losing its lead · Too little evidence to rank firmly · 51% evidence 28.8 out of 100 Growth Capital Valuation Relative
23. NIBE Ltd this page NIBE · quiet · Too little evidence to rank firmly · 53% evidence 27.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.3/35 · Revenue -5.2% · Profit -80% · Operating margin change -24 points · 83% evidence Capital efficiency 5.3/25 · ROCE 4.9% · Operating margin -15% · 76% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.3% · 1 year -8.4% · 25% evidence · 1 of 12 weeks ahead Exact sum: 4.3 + 5.3 + 10 + 8.2 = 27.8 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 24. [DCX Systems Ltd](https://www.sectoralpha.in/stocks/dcx-systems-ltd) DCXINDIA · quiet · Most evidence points down · 61% evidence 23.7 out of 100 Growth Capital Valuation Relative
25. [Vinyas Innovative Technologies Ltd](https://www.sectoralpha.in/stocks/vinyas-innovative-technologies-ltd) VINYAS · turning · Too little evidence to rank firmly · 44% evidence 62.0 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Aerospace & Defence - Equipments](https://www.sectoralpha.in/sectors/aerospace-defence-equipments), all 25 compared on one page. ## Which companies are close to NIBE in size? NIBE is the 23rd largest of 25 Aerospace & Defence - Equipments companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Ideaforge Technology, Jaykay Enterprises, Vinyas Innovative Technologies and Sika Interplant Systems. Just below it: DCX Systems and High Energy Batteries (India). ### Aerospace & Defence - Equipments companies close in size

1. [Ideaforge Technology Ltd](https://www.sectoralpha.in/stocks/ideaforge-technology-ltd) ₹3,125 crore
2. [Jaykay Enterprises Ltd](https://www.sectoralpha.in/stocks/jaykay-enterprises-ltd) ₹2,947 crore
3. [Vinyas Innovative Technologies Ltd](https://www.sectoralpha.in/stocks/vinyas-innovative-technologies-ltd) ₹1,866 crore
4. [Sika Interplant Systems Ltd](https://www.sectoralpha.in/stocks/sika-interplant-systems-ltd) ₹1,799 crore
5. NIBE Ltd ₹1,717 crore
6. [DCX Systems Ltd](https://www.sectoralpha.in/stocks/dcx-systems-ltd) ₹1,478 crore
7. [High Energy Batteries (India) Ltd](https://www.sectoralpha.in/stocks/high-energy-batteries-indialtd) ₹476 crore

[All 25 Aerospace & Defence - Equipments companies, largest first](https://www.sectoralpha.in/sectors/aerospace-defence-equipments#all-companies)

### Companies close in size in other industries

1. [Zelio E-Mobility Ltd](https://www.sectoralpha.in/stocks/zelio-e-mobility-ltd) ₹1,725 crore · Automobiles - Scooters & 3 - Wheelers
2. [Nucleus Software Exports Ltd](https://www.sectoralpha.in/stocks/nucleus-software-exports-ltd) ₹1,718 crore · IT Product Companies
3. NIBE Ltd ₹1,717 crore
4. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) ₹1,713 crore · IT - Software
5. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) ₹1,702 crore · IT - Software

## What else do people ask about NIBE? ### What is NIBE's share price today? NIBE Ltd's share price is ₹1,175.40, −2.0% over the past year. The whole company is worth ₹1,821 Cr on the market. In the last 52 weeks it traded between ₹871 to ₹1,816; today it is 32% of the way up from the low, 9.9% below its 200-day average (as of 4 November 2026). ### What were NIBE's latest quarterly results? NIBE Ltd reported revenue of ₹63.0 Cr and a net loss of ₹12.0 Cr for the Jun 2026 quarter. Revenue fell 23.2% and profit fell 1,300.0% compared with a year earlier. Earnings per share were −₹7.23. The operating margin was −15.0%, 24.0 percentage points lower than a year earlier (as of 4 November 2026). ### What is NIBE's market cap? NIBE Ltd's market capitalisation is ₹1,821 Cr at a share price of ₹1,175.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is NIBE performing? NIBE Ltd's share price has been falling for 1 weeks. In its latest quarter, revenue fell 23.2% and profit fell 1,300.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 15 weeks running (as of 4 November 2026). ### Will NIBE's share price go up? This page does not forecast NIBE Ltd's share price. What it shows instead: the share price is ₹1,175.40, and it has been falling for 1 weeks. Its P/E of 389.7× is higher than 84% of its own last 10 years (as of 4 November 2026). ### Where is NIBE in its business cycle? NIBE Ltd's FY26 operating margin was 10.0%, against a 13-year range of −17.0% to 13.0%: the middle of its own range, neither a peak nor a low. The latest quarter was −15.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the NIBE story? The main question: the share price moved −2.0% in a year while yearly earnings per share moved −79.8%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is NIBE a stock worth studying right now? What the numbers show: NIBE Ltd's share price has risen faster than its earnings: −2.0% in a year, against −79.8% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ## Lists

- Defence stocks: https://www.sectoralpha.in/sectors/aerospace-defence-equipments

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