NIBE (NIBE)
TurnaroundScore breakdown: P/E: 0/3 · ROCE: 1/2 · Growth: 0/2 · Dividend: 0/1
Key Financials
| Current Price | ₹1,490.1 |
| Market Cap | ₹2,309.92 Cr |
| P/E Ratio | 434.43 |
| ROCE | 16.2% |
| ROE | -3.48% |
| Dividend Yield | 0.08% |
| Profit Growth | -924.15% |
| Debt/Equity | 0.34 |
| Sales Growth | -21.1% |
| Promoter Holding | 55.01% |
| 52-Week Range | ₹809.6 — ₹1,849.8 |
| Sector | Aerospace & Defense |
| Book Value | ₹239.66 |
Strengths
- Promoter holding at 55.01% indicates owner alignment
- ROCE of 16.20% suggests operating capital is still generating some positive return despite the net loss
- Aerospace & defense positioning offers structural policy tailwinds in India
- Current price is 43% below the 52-week high, indicating some de-rating already
Concerns
- No earnings: P/E is 0.00, and the latest quarter posted a net loss of ₹19 Cr on sales of only ₹59 Cr
- Sales growth is -60.26% and profit growth is -924.15%, showing severe deterioration
- ROE is -3.48% and Piotroski F-Score is 3/9, indicating weak financial health
- At P/B of 7.19 with book value of ₹146.46, the stock is too expensive for a loss-making business
AI Analysis
At first glance this is not the kind of business I want to own. NIBE has no earnings: P/E is meaningless, latest quarter sales were ₹59 Cr and net loss was ₹19 Cr. Sales have collapsed 60.26% and profit growth is -924.15%. A shareholder cannot sleep well when ROE is -3.48%; every rupee of book value is losing money. The stock trades at ₹1,053.75, or 7.19 times book value of ₹146.46. That is a rich price for a company whose FairStock Score is 0/100 and Piotroski F-Score is only 3/9. In Graham's terms, this offers no margin of safety. The one positive is ROCE of 16.20%, which suggests operating capital is not entirely inefficient; but with negative net profits and a 60% revenue decline, I need proof that this is a temporary defense cycle, not a permanent loss of demand. Promoter holding of 55.01% is helpful for alignment, and being in aerospace/defense in India gives policy tailwinds. Dividend yield of 0.12% offers no compensation while waiting. The 52-week range of ₹809.60 to ₹1,849.80 tells me this is a volatile, falling knife: current price is above the low but 43% below the high. I never buy a business based on hope. I need to see quarter-on-quarter stabilization, a clear path to positive net profit, and a price that makes sense against conservative earnings power. Until then, this is a possible turnaround, not a value investment. I will keep it on my watchlist, not in my portfolio.
Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer