NILE share price

NILE Ltd's share price was ₹1,551.80 at the close on 7 August 2026. It has been rising for 11 weeks. That is 9.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,375 and ₹2,006, and at that close it sat 28% 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 NILE Ltd is in stage 2. 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 1 week running.

Over the last 10 years the share price moved +860% while the NIFTY 500 moved +280%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 31 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.

Three changes stood out: profit fell in the June 2026 quarter, lowest operating margin in 15 quarters and revenue up on a year earlier for 4 quarters in a row.

1. Profit fell in the June 2026 quarter

   Profit was ₹8 crore, -45.4% on a year earlier (₹15 crore), after 5 quarters of growth.

2. Lowest operating margin in 15 quarters

   Operating margin was 3.8% in the June 2026 quarter, against 9.1% a year earlier.

3. Revenue up on a year earlier for 4 quarters in a row

   In the June 2026 quarter revenue was ₹281 crore, +14.4% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), NILE reported revenue of ₹281 crore, up 14.4% from ₹245 crore a year earlier, and a profit of ₹8.14 crore, down 45.4% from ₹14.9 crore.

NILE 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.

NILE closed at ₹1,551.80 on 7 August 2026, down 25.8% from ₹2,091.15 a year earlier (8 August 2025) and up 126.2% over five years. Its highest weekly close since March 2016 was ₹2,720.75 on 23 August 2024.

NILE share price: then and now

Weekly closing prices. Each change is the move from that price to the 7 Aug 2026 close. A day's intraday high or low can go beyond these weekly closes.

546 weekly closes from 11 March 2016 to 7 August 2026.

7 Aug 2026: NILE closed at ₹1,551.80, down 17.1% on the week and down 19.5% on the month. Results for April to June 2026: Revenue up 14.4% and profit down 45.4% on a year earlier.

The NSE corporate-actions record has no dividend for NILE since 1 April 2021, so this page cannot show amounts per share.

Yes. NILE Ltd paid out 3% of its profit as dividends in FY26, and it paid a dividend in each of its last 7 reported years.

From the NSE corporate-actions record, read 6 November 2026.

NILE's management made 0 promises we could check against what it later reported.

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

What is changing at NILE, from the latest results and calls: regulatory tailwind: battery waste management rules 2022, lithium-ion recycling optionality (nile li-cycle pvt ltd) and operating leverage from capacity utilization headroom.

• Regulatory Tailwind: Battery Waste Management Rules 2022. India's BWM Rules mandate 70% recovery by FY25 and 90% by FY27, informal recyclers face crackdowns, channeling scrap to licensed operators like NILE. ⚠ estimate
• Lithium-Ion Recycling Optionality (Nile Li-Cycle Pvt Ltd). ₹60 Cr two-phase Li-Cycle subsidiary goals first commercial year FY27; Phase 2 commissioning date unconfirmed as of May 2026. ⚠ estimate
• Operating Leverage from Capacity Utilization Headroom. 70-75% utilization of 120,000 TPA means revenue growth to ~₹1,300+ Cr is achievable without capital spending, but only if volumes last. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Gravita India operates a recycling facility approximately 70 km from NILE's Tirupati plant, competing for AREML order book.

⚠ estimate

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

AREML self-supply could compress NILE's anchor order book by up to 25-30%.

The main risks

• Amara Raja backward integration (structural volume ceiling): AREML self-supply could compress NILE's anchor order book by up to 25-30%. ⚠ estimate
• Commodity margin fragility (LME lead price): 80%+ of COGS is lead scrap (input cost) priced to LME; contracts reset LME + premium, giving revenue visibility but not margin stability. ⚠ estimate
• Competitor pressure from Gravita India: Gravita India operates a plant ~70 km from NILE's Tirupati unit, competes for AREML volumes, and operates at higher margins with global scale. ⚠ estimate
• Governance and promoter alignment: Analyst coverage flags high promoter pay and related-party deposits (~₹12 Cr); family-run board structure limits independent oversight. ⚠ estimate

Our read after the January to March 2026 results, written 31 May 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When NILE reports July to September 2026, these are the 5 checks that show whether the story is still on course. First: AREML volume off-take from NILE in H1 FY27 vs H1 FY26.

NILE is not on any of our India lists this week.

NILE Ltd earned ₹8.1 Cr of net profit in the Jun 2026 quarter, −45.4% on the same quarter a year earlier. Full-year FY26 profit was ₹55.0 Cr. Over 6 years profit has grown 30.8% a year on average. That is 2.9% of the quarter's revenue. The same quarter a year earlier earned ₹14.9 Cr.

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

For the full year, FY26 profit was ₹55.0 Cr (+52.8% on the year before).

Why profit moved: revenue changed +14.4% on a year earlier and the margin moved −5.3 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +20.3% and revenue +17.4%. Profit and revenue are moving at about the same pace.

FY26-Q4. revenue ₹230 Cr and profit ₹14 Cr as reported.

FY27-Q1. revenue ₹281 Cr and profit ₹8 Cr as reported.

Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.

NILE Ltd reported ₹281 Cr of revenue in the Jun 2026 quarter, +14.4% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 6 years it has grown 9.8% a year on average. The last full year, FY26, came in at ₹1,041 Cr.

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

Why this happened. Unorganized recyclers operating without proper licenses are being squeezed out, potentially improving raw material availability for licensed formal players like NILE with ISO 9001:2015 certification and Ramky Enviro partnerships for waste disposal.

The last four reported quarters add to ₹1,076 Cr.

FY26 revenue was ₹1,041 Cr, +13.2% on the year before.

Recent pace: the last four quarters grew +17.4% on average, against 9.8% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +17.0%, against +8.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +12.0%, against +18.9% a year (rolling over).

FY26-Q4. revenue ₹230 Cr and profit ₹14 Cr as reported.

FY27-Q1. revenue ₹281 Cr and profit ₹8 Cr as reported.

Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.

NILE Ltd's operating margin was 3.8% in the Jun 2026 quarter, 5.3 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 7 years it has been between 3.6% and 7.0%. 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 this happened. Two plants running at 70-75% utilization leave room for volume growth without additional capital spending. Revenue reached ₹1,041 Cr in FY26 at these utilization levels. If the AREML backward integration risk does not fully materialize and new customers are added (Exide, exports), incremental volume drops to EBIT at high conversion given fixed-cost structure.

Why the margin moved: operating margin changed −5.3 percentage points on the year while gross margin changed −3.7 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY26-Q4. revenue ₹230 Cr and profit ₹14 Cr as reported.

FY27-Q1. revenue ₹281 Cr and profit ₹8 Cr as reported.

Why-sources: our stock research file (31 May 2026) and the company’s own results for those quarters.

Over the last 3 years, 88% of NILE Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹83.0 Cr of operating cash against ₹55.0 Cr of profit. After ₹16.0 Cr of spending on assets, ₹67.0 Cr was left over as free cash.

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 88% of profit came in as cash: the cash cycle got 48 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 4.5× depreciation over three years. The next section checks what that spending is building.

NILE Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 75 days in FY26, down from 123 days in FY21. It spent ₹50.0 Cr on assets over the last 3 years. Customers take 30 days to pay, and stock sits for 47 days on average.

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.

At FY26 sales of ₹1,041 Cr, each day of that cycle ties up about ₹2.9 Cr, so roughly ₹214 Cr is tied up in the business at any time.

FY26: customers took 30 days to pay and stock sat for 47 days, about 1.5 months of sales sitting as stock, for a full cycle of 75 days, shorter than FY21's 123.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 47 days. Customers pay about 30 days after that. Suppliers are paid at 1 days. Together that makes the 75-day cycle.

Spending on assets: ₹50.0 Cr over the last 3 years, against ₹11.0 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 ₹25.0 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.

NILE Ltd's P/E is 9.6×, in the middle of its own history: higher than 45% of past readings. Its usual P/E (the middle reading) is 9.8×, over 6.5 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.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.