NBI Indl. Fin. (NBIFIN)

FairStock Score: 27/100 — RISKY

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a margin of safety and a business that earns good returns on capital. NBI Indl. Fin. is an NBFC priced at ₹2,092.50, with market cap ₹618 Cr. The first thing that catches my eye is P/B 0.23 against book value ₹8,928.89. That is a Graham-style asset discount: I'm paying roughly 23 paise for a rupee of stated book. Promoter holding 74.17% is high, Piotroski F-Score 7/9 suggests balance-sheet and earnings momentum are improving, and growth is explosive: sales +423.70%, profit +416.95%, 5yr revenue CAGR 58.49%, PEG 0.03. Latest quarter showed sales ₹10 Cr and net profit ₹6 Cr, so there is actual profitability. But I must not confuse a cheap asset with a wonderful business. P/E is 49.75, ROCE is only 0.35%, ROE and debt/equity are not available, and dividend yield is 0.04%. For an NBFC, low return on capital is a serious warning: book value may be large, but if it cannot be converted into durable earnings, the discount can persist. FairStock Score 27/100 RISKY also tells me Mr. Market has doubts. The 52-week range ₹1,539–₹2,698 shows volatility. So this is not a stalwart or a wide-moat compounder. It looks more like an asset play: a deep discount to book, supported by promoter ownership and improving Piotroski signals, but offset by poor capital efficiency, high P/E, and limited disclosure. I would only be interested if I can verify the quality and realizability of the book value and see ROCE improving. Otherwise, a cheap-looking NBFC can be a value trap.

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Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer