MarketFriction

Nahar Capital & Financial Services Ltd

NSE NAHARCAP · BSE 532952 · Investment Company
₹237.31 -3.10%
NSE close2026-10-01
52 week range191.00 - 307.00
Market cap₹396 Cr.
P/E3.32
Price band 20% Delivery 56.9%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales84671253610589
Expenses7133242233343
Operating Profit1-93472136246
OPM %14%-239%53%62%62%48%36%52%66%42%45%65%
Other Income51051674182412131845
Interest000000000000
Depreciation000000000000
Profit before tax61820146192618152150
Tax %12%126%-11%42%26%-16%-14%57%-15%10%13%-34%
Net Profit5-0912106211120131867
EPS in Rs3.11-0.095.306.976.233.8812.676.8612.177.8110.8640.27
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales183027241846423352464832
Expenses63991458836101314
Operating Profit12271815440342516373518
OPM %69%90%68%61%25%88%81%76%31%79%73%57%
Other Income00017045273690234688
Interest000010000011
Depreciation000011111111
Profit before tax1227183148430693155879104
Tax %16%18%-6%19%-3%27%26%-14%21%15%21%
Net Profit40631925461226107125063119
EPS in Rs23.8737.5811.2114.922.2136.41135.2363.737.0329.7437.7071.11
Dividend Payout %6%4%13%10%23%4%2%2%21%5%4%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth10%1%13%25%
Compounded Profit Growth5%1%-16%140%
Stock Price CAGR11%-3%-9%-15%
Return on Equity5%6%3%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital888888888888
Reserves5776136759949977831,0351,5511,5201,5331,5561,599
Borrowings0151524546204510
Other Liabilities978717472106173152153157165
Total Liabilities5936437071,0981,0858671,1561,7331,6811,7001,7261,782
Fixed Assets8717203841565554535268
CWIP242518011160107168
Investments5425896341,0351,0007391,0141,6521,6171,6211,6321,678
Other Assets20223743377286269182628
Total Assets5936437071,0981,0858671,1561,7331,6811,7001,7261,782
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity84-8-2329138-55-69-23-13-011
Cash from Investing Activity-17-11227-25-134567526153-8
Cash from Financing Activity8-3-3-3-3-4-1-5-3-3-3-3
Net Cash Flow-0-01-00-011-0-10-0
Free Cash Flow82-12-1811129-55-70-23-20-102
CFO/OP59%46%-12%-97%211%3,192%-116%-177%-91%-38%13%50%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days000000000000
Inventory Days
Days Payable
Cash Conversion Cycle000000000000
Working Capital Days162-332823064621911163711-16-17
ROCE %2%4%2%3%0%9%23%6%1%4%5%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters71.55%71.55%71.55%71.65%71.65%71.65%71.65%71.95%72.20%72.20%72.53%72.53%
FIIs0.31%0.31%0.31%0.34%0.34%0.36%0.32%0.32%0.32%0.31%0.31%0.31%
DIIs0.02%0.02%0.02%0.02%0.02%0.37%0.37%0.37%0.37%0.37%0.36%0.36%
Public28.13%28.12%28.12%27.98%28.00%27.63%27.68%27.38%27.13%27.13%26.81%26.79%
No. of Shareholders13,88113,44413,71113,02313,18113,69513,51013,18812,85612,38312,18211,981

Fundamentals

Market Cap₹ 396 Cr.
Current Price₹ 238
Stock P/E3.32
Book Value₹ 960
ROCE5.03 %
ROE3.98 %
Dividend Yield0.63 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)25%
Compounded Profit Growth (TTM)140%
Consolidated figures.
Valuation
Market capRs 397 Cr
Enterprise valueRs 407 Cr
P/E (TTM)3.34x
Price to book0.25x
Price to sales12.59x
EV / EBITDA3.85x
EV / EBIT3.90x
EV / sales12.88x
Price to cash flow37.46x
Earnings yield29.97%
Dividend yield0.63%
P/E, 3-year average17.37x
P/B, 3-year average0.25x
P/E, 5-year average12.07x
P/B, 5-year average0.33x
Profitability
Operating margin (excl. other income)73.08%
Operating margin (incl. other income)168.36%
EBITDA margin334.28%
Pre-tax margin327.98%
Net profit margin377.34%
Net margin, latest quarter718.21%
ROE3.98%
ROCE5.03%
ROA3.60%
ROE, 3-year average2.65%
ROCE, 3-year average3.26%
ROA, 3-year average2.40%
ROE, 5-year average6.45%
ROCE, 5-year average7.85%
ROA, 5-year average5.83%
ROIC (approx.)5.12%
Tax rate20.51%
Other income / net worth2.86%
Growth
Sales growth (latest year)4.10%
Profit growth (latest year)26.76%
Sales CAGR, 3 years13.21%
Sales CAGR, 5 years1.11%
Profit CAGR, 3 years-16.05%
Profit CAGR, 5 years0.70%
Sales growth QoQ19.92%
Profit growth QoQ270.75%
Sales growth YoY (latest quarter)65.61%
Profit growth YoY (latest quarter)487.46%
Per share
EPS (TTM)Rs 71.11
EPS (latest year)Rs 37.70
EPS (latest quarter)Rs 40.27
EPS, 3-year averageRs 24.83
EPS, 5-year averageRs 54.69
Book value per shareRs 960.06
Sales per shareRs 18.85
Cash flow per shareRs 6.34
Free cash flow per shareRs 1.19
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.50
Dividend per share, 5-year averageRs 1.80
Dividends
Dividend payout3.98%
Dividend payout, 3-year average10.11%
Dividend payout, 5-year average6.98%
Efficiency
Asset turnover0.03x
Fixed asset turnover0.71x
Inventory turnover3.07x
Inventory days119 days
Cash conversion cycle0 days
Working capital days-17 days
Leverage
Total debtRs 10 Cr
Cash and bankRs 1 Cr
Net debtRs 9 Cr
Debt to equity0.01x
Net debt / EBITDA0.09x
Interest coverage144.76x
Owners' fund to total sources90.22%
Debt to assets0.54%
Cash flow
Cash from Operating Activity (latest year)Rs 11 Cr
Cash from Investing Activity (latest year)Rs -8 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -0 Cr
Free cash flow (latest year)Rs 2 Cr
FCFE (approx.: FCF + change in debt)Rs 6 Cr
Cash from ops / profit, 5 years-0.21x
Sales to cash flow4.55x
Statement figures
Net sales (TTM)Rs 32 Cr
Net sales (latest year)Rs 48 Cr
Sales (latest quarter)Rs 9 Cr
Operating profit excl. other income (latest year)Rs 35 Cr
Operating profit (latest quarter)Rs 6 Cr
Other income (TTM)Rs 88 Cr
EBITDA (TTM)Rs 106 Cr
PBDT (TTM)Rs 105 Cr
Profit before tax (TTM)Rs 104 Cr
Tax (latest year)Rs 16 Cr
Net profit (TTM)Rs 119 Cr
Net profit (latest year)Rs 63 Cr
Net profit (latest quarter)Rs 67 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 1 Cr
Total expenditure (latest year)Rs 13 Cr
Total income (latest year)Rs 94 Cr
Share capitalRs 8 Cr
ReservesRs 1,599 Cr
Shareholders' fundsRs 1,608 Cr
Total assetsRs 1,782 Cr
Net blockRs 68 Cr
Capital work in progressRs 8 Cr
InvestmentsRs 1,678 Cr
InventoryRs 0 Cr
Other liabilitiesRs 165 Cr
Shares outstanding (crore)1.67
Ownership
Promoter holding72.53% (+0.58 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 3.3 is at the 15th percentile of its own 9.4-year range (median 6.6, low 1.8, high 56.6).
P/B 0.25 is at the 33th percentile (median 0.29).
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.
PeriodNAHARCAPNifty 50Difference
1 week-4.3%-2.8% -1.5 pts
1 month-8.0%-6.8% -1.2 pts
3 months-4.6%-7.6% +3.1 pts
6 months+21.8%+0.4% +21.4 pts
1 year-17.3%-9.9% -7.4 pts
2 years-25.6%-13.6% -12.0 pts
3 years-23.5%+14.2% -37.7 pts
5 years-16.7%+27.9% -44.6 pts

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -2% of net profit over the last 3 years
lookProfit leans on other income Other income was 58% of pre-tax profit 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 2026
Sales ₹9 Cr +50.0% vs Jun 2025. Net profit ₹67 Cr +509.1%.
Against our estimate for Jun 2026: sales -6.3%, profit +228.4% big beat. Our estimate for Sep 2026: sales Rs 16 Cr, profit Rs 39 Cr (how).

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-09-04Dividend - Rs 1.50 Per Share
2025-09-04Dividend - Rs 1.50 Per Share
2024-09-06Dividend - Rs 1.50 Per Share
2023-09-08Dividend - Rs 1.50 Per Share
2022-08-11Dividend - Rs 1.50 Per Share
2021-11-16 Interim Dividend - Rs 1.50 Per Share
2021-09-16 Dividend - Rs 1.50 Per Share
2020-09-17 Dividend - Rs 0.50 Per Share
2019-09-12 Dividend - Rs 1.50 Per Share
2018-09-10 Annual General Meeting/Dividend Rs 1.50 Per Share
2017-08-31 Dividend - Rs 1.50 Per Share
2016-09-08 Dividend Rs 1.50 Per Share
2015-09-10 Annual General Meeting/ Dividend - Rs 1.50 Per Share
2014-09-11Dividend - Rs 1.50/- Per Share
2013-09-19Dividend - Rs 1.50/- Per Share
2012-09-18Dividend Rs.1.50 Per Share
2011-09-08Dividend - Rs. 1.50 Per Share
2010-09-16Dividend-Rs.1.50 Per Share
2009-09-18Dividend-Re.0.50 Pr Share
2008-11-19Dividend - 30%
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.
Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Nahar Capital & Financial Services Ltd?

Nahar Capital & Financial Services Ltd (NAHARCAP) has a market capitalisation of Rs 396 Cr. at the 2026-10-01 close.

What is the P/E ratio of Nahar Capital & Financial Services Ltd?

Nahar Capital & Financial Services Ltd trades at a P/E of 3.32 on trailing twelve-month profit, at the 2026-10-01 close.

What were Nahar Capital & Financial Services Ltd's latest quarterly results?

In the Jun 2026 quarter, Nahar Capital & Financial Services Ltd sales was Rs 9 Cr (+50.0% vs Jun 2025) and net profit was Rs 67 Cr.

What is the 52-week high and low of Nahar Capital & Financial Services Ltd?

The 52-week high is Rs 307.00 and the 52-week low is Rs 191.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03