Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.69 | 1.84 | 1.61 | 1.85 | 1.74 | 1.62 | 1.22 | 2.05 | 1.78 | 1.89 | 0.98 | 2.14 |
| Interest | 0.10 | 0.11 | 0.16 | 0.12 | 0.13 | 0.11 | 0.06 | 0.06 | 0.10 | 0.18 | 0.20 | 0.24 |
| Expenses | 0.43 | 0.54 | 0.52 | 0.45 | 0.60 | 0.61 | 0.63 | 0.64 | 0.63 | 0.66 | 0.80 | 0.60 |
| Financing Profit | 1.16 | 1.19 | 0.93 | 1.28 | 1.01 | 0.90 | 0.53 | 1.35 | 1.05 | 1.05 | -0.02 | 1.30 |
| Financing Margin % | 68.64% | 64.67% | 57.76% | 69.19% | 58.05% | 55.56% | 43.44% | 65.85% | 58.99% | 55.56% | -2.04% | 60.75% |
| Other Income | 0.30 | 0.41 | 0.24 | 0.17 | 0.19 | 0.44 | 0.06 | 0.04 | 0.05 | 0.04 | 0.75 | 0.29 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.05 | 0.05 | 0.06 |
| Profit before tax | 1.42 | 1.56 | 1.13 | 1.41 | 1.16 | 1.30 | 0.55 | 1.35 | 1.08 | 1.04 | 0.68 | 1.53 |
| Tax % | 27.46% | 30.13% | 14.16% | 10.64% | 40.52% | 23.85% | -3.64% | 31.85% | 28.70% | 26.92% | -8.82% | 28.10% |
| Net Profit | 1.03 | 1.08 | 0.96 | 1.26 | 0.69 | 1.00 | 0.57 | 0.92 | 0.76 | 0.75 | 0.74 | 1.11 |
| EPS in Rs | 1.57 | 1.65 | 1.46 | 1.92 | 1.05 | 1.52 | 0.87 | 1.40 | 1.16 | 1.14 | 1.13 | 1.69 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.41 | 2.73 | 3.54 | 4.49 | 5.07 | 4.89 | 5.62 | 5.95 | 7.73 | 7.30 | 7.70 | 6.79 |
| Interest | 0.03 | 0.15 | 0.86 | 0.94 | 0.75 | 0.09 | 0.10 | 0.08 | 0.43 | 0.42 | 0.54 | 0.72 |
| Expenses | 1.21 | 1.13 | 1.19 | 1.12 | 1.65 | 1.35 | 1.90 | 1.68 | 1.90 | 2.28 | 2.79 | 2.69 |
| Financing Profit | 1.17 | 1.45 | 1.49 | 2.43 | 2.67 | 3.45 | 3.62 | 4.19 | 5.40 | 4.60 | 4.37 | 3.38 |
| Financing Margin % | 48.55% | 53.11% | 42.09% | 54.12% | 52.66% | 70.55% | 64.41% | 70.42% | 69.86% | 63.01% | 56.75% | 49.78% |
| Other Income | 0.02 | 0.00 | -0.01 | 0.00 | 0.21 | -0.01 | -0.01 | -0.05 | -0.06 | -0.01 | -0.06 | 1.13 |
| Depreciation | 0.09 | 0.09 | 0.06 | 0.07 | 0.11 | 0.13 | 0.10 | 0.15 | 0.17 | 0.16 | 0.17 | 0.18 |
| Profit before tax | 1.10 | 1.36 | 1.42 | 2.36 | 2.77 | 3.31 | 3.51 | 3.99 | 5.17 | 4.43 | 4.14 | 4.33 |
| Tax % | 35.45% | 32.35% | 28.17% | 27.12% | 28.16% | 23.87% | 25.93% | 25.31% | 25.53% | 20.54% | 23.19% | |
| Net Profit | 0.71 | 0.93 | 1.01 | 1.72 | 1.99 | 2.52 | 2.60 | 2.99 | 3.85 | 3.52 | 3.18 | 3.36 |
| EPS in Rs | 2.18 | 2.85 | 3.10 | 5.27 | 3.03 | 3.84 | 3.96 | 4.56 | 5.87 | 5.37 | 4.85 | 5.12 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 13.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 12% | 10% | 9% | 2% | ||
| Compounded Profit Growth | 16% | 5% | 3% | 6% | ||
| Stock Price CAGR | 11% | 3% | 3% | -28% | ||
| Return on Equity | 11% | 11% | 11% | 9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.26 | 3.26 | 3.26 | 3.26 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 | 6.56 |
| Reserves | 5.04 | 5.77 | 6.58 | 7.60 | 11.35 | 13.34 | 15.86 | 18.13 | 21.13 | 24.98 | 28.50 | 31.68 |
| Borrowing | 2.43 | 1.01 | 3.76 | 7.38 | 6.14 | 4.38 | 0.16 | 0.45 | 1.55 | 4.31 | 1.52 | 10.39 |
| Other Liabilities | 0.33 | 0.44 | 0.22 | 0.29 | 0.41 | 0.83 | 0.93 | 0.95 | 1.08 | 1.39 | 1.07 | 1.05 |
| Total Liabilities | 11.06 | 10.48 | 13.82 | 18.53 | 24.46 | 25.11 | 23.51 | 26.09 | 30.32 | 37.24 | 37.65 | 49.68 |
| Fixed Assets | 0.54 | 0.46 | 0.39 | 0.28 | 0.48 | 0.34 | 0.24 | 0.52 | 0.97 | 1.61 | 1.25 | 1.48 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.77 | 1.02 | 4.57 | 9.87 | 4.64 | 2.00 |
| Other Assets | 10.52 | 10.02 | 13.43 | 18.25 | 23.98 | 24.77 | 22.50 | 24.55 | 24.69 | 25.76 | 31.76 | 46.20 |
| Total Assets | 11.06 | 10.48 | 13.82 | 18.53 | 24.46 | 25.11 | 23.51 | 26.09 | 30.32 | 37.24 | 37.65 | 49.68 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -0.29 | -0.41 | -3.54 | -4.00 | 1.20 | 4.03 | 2.09 | 0.78 | 3.65 | 1.14 | -3.04 | -11.20 |
| Cash from Investing Activity | 0.40 | -0.01 | 0.03 | 0.04 | 0.04 | 0.49 | -0.82 | -0.56 | -4.27 | -4.50 | 5.60 | 2.37 |
| Cash from Financing Activity | 2.04 | -1.42 | 2.75 | 3.63 | -1.24 | -1.77 | -4.21 | -0.03 | 1.09 | 2.74 | -2.84 | 8.86 |
| Net Cash Flow | 2.15 | -1.84 | -0.76 | -0.33 | 0.00 | 2.76 | -2.94 | 0.18 | 0.48 | -0.63 | -0.29 | 0.03 |
| Free Cash Flow | -0.63 | -0.42 | -3.55 | -4.00 | 1.04 | 4.18 | 2.04 | 0.46 | 2.95 | 1.07 | -3.12 | -11.94 |
| CFO/OP | -23% | -34% | -194% | -150% | 53% | 136% | 86% | 44% | 105% | 42% | -41% | -205% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 9.48% | 8.19% | 9.86% | 9.86% | 11.96% | 9.73% | 11.91% | 11.08% | 11.53% | 13.14% | 10.60% | 8.89% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.04% | 71.20% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.90% | 72.06% | 73.30% | 74.87% | 74.87% |
| Public | 28.96% | 28.81% | 28.62% | 28.61% | 28.61% | 28.61% | 28.61% | 28.11% | 27.95% | 26.71% | 25.12% | 25.13% |
| No. of Shareholders | 1,691 | 1,865 | 3,420 | 3,301 | 3,577 | 3,512 | 3,460 | 3,359 | 3,305 | 3,231 | 3,155 | 3,117 |
Fundamentals
Market Cap₹ 23.8 Cr.
Current Price₹ 36.3
Stock P/E7.08
Book Value₹ 58.3
ROCE11.1 %
ROE8.89 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)6%
Standalone figures.
Valuation
Market capRs 25 Cr
Enterprise valueRs 35 Cr
P/E (TTM)7.50x
Price to book0.66x
Price to sales3.71x
EV / EBITDA6.64x
EV / EBIT6.88x
EV / sales5.12x
Earnings yield13.34%
P/E, 3-year average8.95x
P/B, 3-year average0.90x
P/E, 5-year average8.47x
P/B, 5-year average0.87x
Profitability
Operating margin (excl. other income)63.77%
Operating margin (incl. other income)62.99%
EBITDA margin77.03%
Pre-tax margin63.77%
Net profit margin49.48%
Net margin, latest quarter51.87%
ROE8.68%
ROCE10.98%
ROA7.28%
ROE, 3-year average10.75%
ROCE, 3-year average13.86%
ROA, 3-year average9.36%
ROE, 5-year average10.94%
ROCE, 5-year average14.34%
ROA, 5-year average9.83%
ROIC (approx.)8.12%
Tax rate23.19%
Other income / net worth-0.16%
Growth
Sales growth (latest year)5.48%
Profit growth (latest year)-9.66%
Sales CAGR, 3 years8.97%
Sales CAGR, 5 years9.51%
Profit CAGR, 3 years2.07%
Profit CAGR, 5 years4.76%
Sales growth QoQ118.37%
Profit growth QoQ50.00%
Sales growth YoY (latest quarter)4.39%
Profit growth YoY (latest quarter)20.65%
Per share
EPS (TTM)Rs 5.12
EPS (latest year)Rs 4.85
EPS (latest quarter)Rs 1.69
EPS, 3-year averageRs 5.36
EPS, 5-year averageRs 4.92
Book value per shareRs 58.31
Sales per shareRs 10.35
Cash flow per shareRs -17.08
Free cash flow per shareRs -18.21
Efficiency
Asset turnover0.15x
Fixed asset turnover5.20x
Inventory turnover5.00x
Inventory days73 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 1 Cr
Net debtRs 10 Cr
Debt to equity0.27x
Net debt / EBITDA1.83x
Interest coverage7.01x
Owners' fund to total sources76.97%
Debt to assets20.91%
Cash flow
Cash from Operating Activity (latest year)Rs -11 Cr
Cash from Investing Activity (latest year)Rs 2 Cr
Cash from Financing Activity (latest year)Rs 9 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -12 Cr
FCFE (approx.: FCF + change in debt)Rs -3 Cr
Cash from ops / profit, 5 years-0.54x
Statement figures
Net sales (TTM)Rs 7 Cr
Net sales (latest year)Rs 8 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs 5 Cr
Operating profit (latest quarter)Rs 2 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 5 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 3 Cr
Net profit (latest year)Rs 3 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 3 Cr
Total income (latest year)Rs 8 Cr
Share capitalRs 7 Cr
ReservesRs 32 Cr
Shareholders' fundsRs 38 Cr
Total assetsRs 50 Cr
Net blockRs 1 Cr
InvestmentsRs 2 Cr
InventoryRs 0 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)0.66
Ownership
Promoter holding74.87% (+2.97 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.5 is at the 27th percentile of its own 9.4-year range
(median 8.3, low 4.0, high 20.7).
P/B 0.66 is at the 12th percentile (median 0.87).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 531212 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.1% | -2.8% | +3.9 pts |
| 1 month | -3.9% | -6.8% | +2.9 pts |
| 3 months | -1.5% | -7.6% | +6.1 pts |
| 3 years | +16.1% | +14.2% | +1.9 pts |
| 5 years | +21.9% | +27.9% | -6.0 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -124% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 29% of total assets in 2026 |
| explain | Debt up, profit down Borrowings up 584% while net profit fell in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Revenue ₹2 Cr +4.4% vs Jun 2025.
Net profit ₹1 Cr +20.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Nalin Lease Finance Ltd?
Nalin Lease Finance Ltd (531212) has a market capitalisation of Rs 23.8 Cr. at the 2026-10-01 close.
What is the P/E ratio of Nalin Lease Finance Ltd?
Nalin Lease Finance Ltd trades at a P/E of 7.08 on trailing twelve-month profit, at the 2026-10-01 close.
What were Nalin Lease Finance Ltd's latest quarterly results?
In the Jun 2026 quarter, Nalin Lease Finance Ltd revenue was Rs 2 Cr (+4.4% vs Jun 2025) and net profit was Rs 1 Cr.