NSB BPO Solutions Ltd
Incorporated in 2005, NSB BPO Solutions Limited is a Business Process Outsourcing (BPO) company.[1]
- Market Cap ₹ 129 Cr.
- Current Price ₹ 64.8
- High / Low ₹ 128 / 61.0
- Stock P/E 10.1
- Book Value ₹ 107
- Dividend Yield 0.00 %
- ROCE 8.15 %
- ROE 7.26 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.61 times its book value
- Company has delivered good profit growth of 41.3% CAGR over last 5 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -10.4% over past five years.
- Promoter holding is low: 33.6%
- Company has a low return on equity of 7.58% over last 3 years.
- Company has high debtors of 181 days.
- Working capital days have increased from 123 days to 210 days
* 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.
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 216 | 278 | 285 | 116 | 123 | 160 | |
| 220 | 275 | 274 | 103 | 104 | 141 | |
| Operating Profit | -4 | 3 | 11 | 13 | 18 | 19 |
| OPM % | -2% | 1% | 4% | 11% | 15% | 12% |
| 4 | 7 | 0 | 0 | 0 | 0 | |
| Interest | 6 | 6 | 4 | 3 | 3 | 3 |
| Depreciation | 8 | 7 | 7 | 3 | 4 | 4 |
| Profit before tax | -14 | -3 | 1 | 6 | 12 | 13 |
| Tax % | 5% | 12% | -20% | 26% | 28% | 27% |
| -15 | -4 | 2 | 7 | 11 | 13 | |
| EPS in Rs | -1,753.52 | -411.97 | 180.75 | 5.65 | 7.53 | 6.41 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -10% |
| 3 Years: | -17% |
| TTM: | 31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 103% |
| TTM: | 16% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 7% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.09 | 0.09 | 0.09 | 12 | 15 | 20 |
| Reserves | 14 | 18 | 102 | 94 | 125 | 193 |
| 140 | 146 | 42 | 28 | 24 | 10 | |
| -10 | -10 | 67 | 14 | 12 | 9 | |
| Total Liabilities | 144 | 154 | 211 | 148 | 175 | 232 |
| 57 | 57 | 130 | 15 | 20 | 23 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 7 |
| Investments | 0 | 0 | 0 | 70 | 72 | 75 |
| 87 | 97 | 81 | 63 | 83 | 127 | |
| Total Assets | 144 | 154 | 211 | 148 | 175 | 232 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 1 | 30 | 9 | -7 | -23 | ||
| -3 | -70 | -6 | -11 | -18 | ||
| 4 | 40 | 5 | 15 | 45 | ||
| Net Cash Flow | 2 | 0 | 8 | -3 | 4 | |
| Free Cash Flow | -2 | 14 | 5 | -16 | -37 | |
| CFO/OP | -20% | 265% | 82% | -19% | -100% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 90 | 67 | 49 | 134 | 176 | 181 |
| Inventory Days | 40 | 45 | 55 | 0 | 0 | |
| Days Payable | 57 | 37 | 52 | |||
| Cash Conversion Cycle | 73 | 76 | 51 | 134 | 176 | 181 |
| Working Capital Days | 43 | 50 | 8 | 41 | 117 | 210 |
| ROCE % | 3% | 6% | 10% | 8% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Geographic Revenue Share - Madhya Pradesh (Services) Percentage |
|
||
| Geographic Revenue Share - Uttar Pradesh Percentage |
|||
| Service Revenue Share from BFSI Sector Percentage |
|||
| Service Revenue Share from Government Sector Percentage |
|||
| Service Revenue Share from Retail Sector Percentage |
|||
| Krishi Rakshak Portal & Helpline (KRPH) Contract Value INR Lakhs |
|||
| National Consumer Helpline Contract Value INR Lakhs |
|||
| UIDAI Call Center Contract Value INR Lakhs |
|||
Extracted by Screener AI
Documents
Announcements
-
Disclosure Under Regulation 23(9) Of SEBI LODR Regulation - Related Party Transaction Report For Half Year Ended 31St March ,2026.
30 May - Submitted related party transactions disclosure for half year and FY ended March 31, 2026.
-
Statement Of Deviation & Variation
30 May - No deviation in utilization of ₹64.13 crore IPO proceeds for half year ended 31 March 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 May - Board appointed Akash Saxena & Co. as internal auditor for FY 2026-27 on 30 May 2026.
-
Financial Results For Half Year And Year Ended March 31, 2026.
30 May - Board approved audited FY2026 results, appointed internal auditor, noted independent director resignation, and no IPO fund deviation.
-
Board Meeting Outcome for For Submission Of Financial Results For Half Year And Year Ended 31St March 2026.
30 May - Board approved FY26 audited results, appointed internal auditor, noted independent director resignation, and reported no IPO fund deviation.
Business Profile[1]
NSB BPO offers Business Process Outsourcing (BPO) and support services, backed by a 21-year track record across sectors such as telecom, BFSI, insurance, retail, food delivery, healthcare, education, hospitality, and government. Additionally, leveraging its pan-India network and sourcing strengths, the company trades FMCG and staple goods—including pulses, rice, sugar, fruits, and vegetables—on a B2B basis.