Nalwa Sons Investments Ltd
Nalwa Sons Investments Ltd (NSIL) is an RBI-registered, non-deposit-taking NBFC–Middle Layer that holds strategic investments, mainly in O.P. Jindal-group companies, and lends to group companies. Consolidated accounts also include a small goods-trading activity.[1]
- Market Cap ₹ 2,874 Cr.
- Current Price ₹ 5,609
- High / Low ₹ 8,778 / 4,659
- Stock P/E 51.9
- Book Value ₹ 29,541
- Dividend Yield 0.00 %
- ROCE 0.48 %
- ROE 0.34 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.19 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.43% over past five years.
- Company has a low return on equity of 0.39% over last 3 years.
* 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
Financial Services Financial Services Finance Investment Company
Part of BSE Financial Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 | 30 | 34 | 36 | 43 | 59 | 67 | 97 | 134 | 89 | 125 | 101 | 98 | |
| 17 | 6 | 12 | 26 | 19 | 50 | 21 | 17 | 8 | 14 | 61 | 26 | 22 | |
| Operating Profit | 13 | 24 | 22 | 10 | 24 | 9 | 46 | 80 | 125 | 75 | 64 | 76 | 76 |
| OPM % | 43% | 80% | 65% | 29% | 56% | 16% | 68% | 82% | 94% | 84% | 51% | 75% | 77% |
| 0 | 1 | 0 | 0 | 60 | 0 | 2 | 0 | 0 | 1 | 1 | 1 | 2 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 13 | 24 | 22 | 11 | 84 | 9 | 48 | 80 | 124 | 76 | 65 | 76 | 77 |
| Tax % | 9% | 23% | 18% | 19% | 7% | -110% | 9% | 18% | 26% | 25% | 29% | 26% | |
| 12 | 19 | 18 | 8 | 79 | 19 | 43 | 66 | 93 | 56 | 46 | 57 | 58 | |
| EPS in Rs | 23.54 | 36.53 | 36.47 | 22.21 | 151.96 | 38.18 | 83.74 | 128.64 | 177.02 | 109.56 | 90.94 | 106.13 | 107.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 8% |
| 3 Years: | -9% |
| TTM: | -20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 5% |
| 3 Years: | -16% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 27% |
| 3 Years: | 28% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 1% |
| 3 Years: | 0% |
| Last Year: | 0% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 |
| Reserves | 318 | 334 | 354 | 365 | 443 | 3,182 | 5,101 | 7,934 | 7,988 | 12,600 | 16,678 | 15,168 |
| 31 | 33 | 32 | 33 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 3 | |
| 43 | 44 | 44 | 42 | 32 | 208 | 663 | 1,477 | 1,448 | 1,951 | 2,264 | 2,009 | |
| Total Liabilities | 397 | 416 | 436 | 445 | 481 | 3,397 | 5,769 | 9,417 | 9,442 | 14,556 | 18,947 | 17,184 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 167 | 197 | 232 | 235 | 254 | 3,141 | 5,492 | 9,079 | 9,081 | 14,148 | 18,507 | 16,744 |
| 230 | 220 | 203 | 210 | 227 | 256 | 277 | 338 | 361 | 407 | 440 | 440 | |
| Total Assets | 397 | 416 | 436 | 445 | 481 | 3,397 | 5,769 | 9,417 | 9,442 | 14,556 | 18,947 | 17,184 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17 | 18 | 24 | 22 | 25 | 20 | 50 | 42 | 72 | 41 | 62 | 49 | |
| -18 | -19 | -26 | -13 | -3 | -20 | -48 | -41 | -68 | -30 | -75 | -49 | |
| 1 | 2 | -1 | 0 | -31 | 0 | -2 | 0 | -1 | -0 | -0 | 3 | |
| Net Cash Flow | 1 | 1 | -2 | 10 | -10 | -0 | 0 | 1 | 4 | 11 | -14 | 2 |
| Free Cash Flow | 17 | 18 | 24 | 22 | 24 | 20 | 50 | 42 | 72 | 41 | 62 | 49 |
| CFO/OP | 181% | 100% | 130% | 252% | 112% | 241% | 112% | 65% | 81% | 75% | 128% | 89% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 27 | 91 | 30 | 26 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 15 |
| Inventory Days | 676 | 197 | 147 | 1,142 | 1,368 | 1,252 | 764 | 1,099 | 758 | 658 | ||
| Days Payable | 1,158 | 330 | 331 | 0 | 0 | 2 | 1 | 2 | 22 | 0 | ||
| Cash Conversion Cycle | 27 | -391 | -103 | -158 | 1,142 | 1,368 | 1,249 | 763 | 0 | 1,097 | 738 | 674 |
| Working Capital Days | 2,436 | 1,908 | 1,244 | 1,083 | 1,229 | 363 | 232 | 175 | 113 | 186 | 128 | 160 |
| ROCE % | 4% | 6% | 5% | 2% | 10% | 0% | 1% | 1% | 2% | 1% | 0% | 0% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Income from Investments INR Lakhs ・Standalone data |
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| Gross Non-Performing Assets (Gross NPA) INR Lakhs ・Standalone data |
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| Loans Outstanding (Net of Impairment) INR Lakhs ・Standalone data |
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| Number of Permanent Employees Count ・Standalone data |
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| Total Investments INR Lakhs ・Standalone data |
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| Net NPA to Net Advances Ratio % ・Standalone data |
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| Capital to Risk-Weighted Assets Ratio (CRAR) % ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Letter To Shareholders Pursuant To Regulation 36(1)(B) Of The SEBI (LODR) Regulations, 2015 ('SEBI Listing Regulations')
- 55th AGM scheduled for September 30, 2026; annual report and KYC/demat reminder sent to shareholders.
-
Annual Report For The Financial Year 2025-26 Including Notice Of The 55Th Annual General Meeting Pursuant To Regulation 30 & 34 Of The SEBI (LODR) Regulations, 2015('SEBI Listing Regulations').
- 55th AGM on 30 Sep 2026 via VC/OAVM; annual report issued; Mahender Kumar Goel reappointed WTD for five years.
- Reg. 34 (1) Annual Report.
- Annual Report For The Financial Year 2025-26 Including Notice Of The 55Th Annual General Meeting Pursuant To Regulation 30 & 34 Of The SEBI (LODR) Regulations, 2015('SEBI Listing Regulations').
-
Business Responsibility and Sustainability Reporting (BRSR)
- Submitted BRSR for FY 2025-26 on September 5, 2026.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
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Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
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Annual Report 2021
from bse
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Annual Report 2020
from bse
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Annual Report 2019
from bse
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Annual Report 2018
from bse
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Annual Report 2017
from bse
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Annual Report 2016
from bse
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Annual Report 2015
from bse
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Annual Report 2014
from bse
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Annual Report 2013
from nse
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Annual Report 2013
from bse
Current vs legacy business:[1]
Formerly Jindal Strips, the company’s manufacturing business was reorganised/ demerged, and it now operates as
an investment-and-finance holding
co.; it has no manufacturing activity.
NSIL is currently an RBI-registered
NBFC-ML, not a non NBFC.[2][3]