Nihar Info Global Ltd
Incorporated in 1995, Nihar Info Global Ltd is
in the business of Software and e-Commerce[1]
- Market Cap ₹ 5.57 Cr.
- Current Price ₹ 5.35
- High / Low ₹ 8.65 / 4.19
- Stock P/E 10.3
- Book Value ₹ 6.21
- Dividend Yield 0.00 %
- ROCE 8.72 %
- ROE 8.73 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.86 times its book value
- Debtor days have improved from 203 to 141 days.
- Company's working capital requirements have reduced from 130 days to 80.0 days
Cons
- Promoter holding is low: 27.5%
- Company has a low return on equity of -27.2% over last 3 years.
- Promoters have pledged 26.9% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1.62 | 0.91 | 1.53 | 4.88 | 5.80 | 7.49 | 4.75 | 9.52 | 5.30 | 3.18 | 4.83 | 15.02 | |
| 1.33 | 0.42 | 1.26 | 4.65 | 5.81 | 7.10 | 4.46 | 8.98 | 5.00 | 6.72 | 8.30 | 14.33 | |
| Operating Profit | 0.29 | 0.49 | 0.27 | 0.23 | -0.01 | 0.39 | 0.29 | 0.54 | 0.30 | -3.54 | -3.47 | 0.69 |
| OPM % | 17.90% | 53.85% | 17.65% | 4.71% | -0.17% | 5.21% | 6.11% | 5.67% | 5.66% | -111.32% | -71.84% | 4.59% |
| 0.01 | 0.02 | 0.02 | 0.11 | 0.09 | 0.13 | 0.23 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.05 | 0.12 | 0.13 | 0.17 | 0.18 | 0.24 | 0.17 | 0.15 |
| Depreciation | 0.03 | 0.01 | 0.04 | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 |
| Profit before tax | 0.27 | 0.50 | 0.25 | 0.30 | 0.01 | 0.39 | 0.38 | 0.36 | 0.12 | -3.79 | -3.65 | 0.54 |
| Tax % | -3.70% | 22.00% | 20.00% | 20.00% | 0.00% | 17.95% | 0.00% | 11.11% | 25.00% | 0.00% | 0.00% | 0.00% |
| 0.27 | 0.39 | 0.20 | 0.25 | 0.01 | 0.31 | 0.38 | 0.33 | 0.09 | -3.79 | -3.64 | 0.54 | |
| EPS in Rs | 0.54 | 0.78 | 0.40 | 0.41 | 0.01 | 0.38 | 0.47 | 0.40 | 0.09 | -3.64 | -3.50 | 0.52 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 26% |
| 3 Years: | 42% |
| TTM: | 211% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 7% |
| 3 Years: | 82% |
| TTM: | 115% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -10% |
| 5 Years: | -4% |
| 3 Years: | -4% |
| 1 Year: | 7% |
| Return on Equity | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | -13% |
| 3 Years: | -27% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 | 5.00 | 5.00 | 5.00 | 6.15 | 8.16 | 8.16 | 8.16 | 8.16 | 10.41 | 10.41 | 10.41 | 10.41 |
| Reserves | 0.19 | 0.58 | 0.77 | 1.51 | 2.02 | 2.33 | 2.53 | 2.85 | 2.94 | -0.85 | -4.49 | -3.95 |
| 0.51 | 0.50 | 0.09 | 0.15 | 1.12 | 1.35 | 1.56 | 1.37 | 1.47 | 1.54 | 1.81 | 1.64 | |
| 1.39 | 0.55 | 0.91 | 1.31 | 1.20 | 6.96 | 1.29 | 2.12 | 0.64 | 0.84 | 3.53 | 4.70 | |
| Total Liabilities | 7.09 | 6.63 | 6.77 | 9.12 | 12.50 | 18.80 | 13.54 | 14.50 | 15.46 | 11.94 | 11.26 | 12.80 |
| 0.06 | 0.12 | 0.08 | 0.05 | 0.07 | 0.05 | 0.04 | 0.03 | 0.03 | 0.02 | 0.02 | 3.06 | |
| CWIP | 0.38 | 1.31 | 1.44 | 1.65 | 2.38 | 2.46 | 7.46 | 7.46 | 7.46 | 7.46 | 5.00 | 0.00 |
| Investments | 2.56 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.04 | 0.00 |
| 4.09 | 5.20 | 5.25 | 7.42 | 10.05 | 16.29 | 6.04 | 7.01 | 7.97 | 4.42 | 6.20 | 9.74 | |
| Total Assets | 7.09 | 6.63 | 6.77 | 9.12 | 12.50 | 18.80 | 13.54 | 14.50 | 15.46 | 11.94 | 11.26 | 12.80 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.26 | 0.44 | 0.05 | -1.36 | -1.75 | 0.06 | 4.97 | 0.15 | -2.06 | 0.06 | -2.41 | -1.31 | |
| -1.14 | -0.54 | 0.14 | -0.27 | -0.78 | -0.07 | -5.00 | 0.00 | -0.01 | -0.04 | 2.28 | 1.53 | |
| 1.53 | 0.01 | -0.12 | 1.64 | 2.51 | 0.00 | 0.00 | -0.15 | 1.67 | -0.10 | 0.12 | -0.15 | |
| Net Cash Flow | 0.13 | -0.09 | 0.06 | 0.01 | -0.02 | -0.01 | -0.03 | 0.00 | -0.40 | -0.08 | -0.01 | 0.07 |
| Free Cash Flow | -0.69 | 0.37 | -0.09 | -1.57 | -2.53 | -0.01 | -0.03 | 0.15 | -2.07 | 0.06 | 0.05 | -1.31 |
| CFO/OP | -90% | 90% | 19% | -591% | 17,500% | 15% | 1,714% | 35% | -677% | -2% | 69% | -190% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 344.72 | 292.80 | 310.13 | 164.55 | 186.91 | 449.79 | 286.62 | 197.07 | 359.49 | 173.32 | 295.48 | 141.43 |
| Inventory Days | 0.00 | 31.06 | 11.77 | 45.21 | 12.97 | 49.06 | 12.46 | |||||
| Days Payable | 77.66 | 41.74 | 46.04 | 373.26 | 93.21 | 75.23 | ||||||
| Cash Conversion Cycle | 344.72 | 292.80 | 263.53 | 134.58 | 186.07 | 89.51 | 242.47 | 134.31 | 359.49 | 173.32 | 295.48 | 141.43 |
| Working Capital Days | 67.59 | 108.30 | 985.26 | 434.56 | 477.02 | 382.54 | 253.58 | 149.14 | 395.30 | 236.45 | 74.06 | 79.95 |
| ROCE % | 5.66% | 8.49% | 4.19% | 4.54% | 0.63% | 4.41% | 4.23% | 4.30% | 2.21% | -27.39% | -36.96% | 8.72% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Permanent Employees Number |
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| B2B Product Portfolio / SKUs Number |
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| Nihar Market eCenter Services Portfolio Number |
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| Total Marketplace Warehouses (APOB) Number |
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| Healthcare Portal Planned SKUs Number |
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| Marketplace Warehouse Presence (States) Number |
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| Number of Brand Partnerships Number |
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| Private Label SKUs (ONVO Brand) Number |
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| Total Satisfied Customers Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Financials results for the FY ended 31.03.2026 published in news paper
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Financial Results For The Year Ended 31.03.2026
29 May - FY26 audited results: standalone revenue Rs 1,501.97 lakh, profit Rs 53.94 lakh; consolidated revenue Rs 2,169.12 lakh, profit Rs 68.70 lakh.
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - CFO Pujitha Gudipudi resigned effective May 29, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
29 May - Ms. Anuja Agrawal appointed CFO and KMP effective 29 May 2026.
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Board Meeting Outcome for Outcome Of 1St Board Meeting For FY 2026-27 Dated 29.05.2026
29 May - 29 May 2026 board approved audited FY26 results, CFO/CS changes, ECLGS 5.0 credit, and digital gold/silver agreements.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
NIGL is India’s first listed e-commerce company, operating with a dual focus on B2B2C and D2C e-commerce models. It is a premium seller on Amazon and Flipkart and has also launched its own D2C brand, ONVO, catering to the home and kitchen category. The company has partnered with 50+ brands, and its B2B division covers corporate gifting, bulk sales, and channel sales to dealers and retail counters