NBI Industrial (NBIFIN) | Financial Analysis & Statements
NBI Industrial Finance Co. Ltd. Small-cap Financial Services
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Dec 2025Income Metrics
Revenue
85.9M
Gross Profit
79.9M
93.04%
Operating Income
87.2M
101.44%
Net Income
64.9M
75.50%
EPS (Diluted)
₹21.95
Balance Sheet Metrics
Total Assets
35.1B
Total Liabilities
2.1B
Shareholders Equity
33.1B
Debt to Equity
0.06
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Dec 31, 2025
Annual Income Flow
2025
NBI Industrial Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 131.4M | 128.1M | 101.6M | 113.2M | 14.7M |
| Cost of Goods Sold | 20.0M | 15.0M | 13.8M | 8.2M | 6.6M |
| Gross Profit | 120.4M | 113.1M | 87.8M | 105.0M | 8.2M |
| Gross Margin % | 91.7% | 88.3% | 86.4% | 92.7% | 55.5% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | - | 2.0M | 4.0M | 2.5M | 1.5M |
| Other Operating Expenses | 11.0M | 1.9M | 2.5M | 5.7M | 1.8M |
| Total Operating Expenses | 11.0M | 3.9M | 6.6M | 8.2M | 3.4M |
| Operating Income | 108.0M | 106.9M | 78.7M | 108.7M | 5.6M |
| Operating Margin % | 82.2% | 83.4% | 77.4% | 96.0% | 38.2% |
| Non-Operating Items | |||||
| Interest Income | - | 143.0K | 140.0K | 4.1M | 4.2M |
| Interest Expense | 9.0K | 2.0K | 0 | - | - |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 108.6M | 107.1M | 78.8M | 108.9M | 9.8M |
| Income Tax | 23.7M | 28.4M | 26.1M | 29.4M | -6.3M |
| Effective Tax Rate % | 21.8% | 26.5% | 33.1% | 27.0% | -64.7% |
| Net Income | 84.8M | 78.7M | 52.7M | 79.4M | 16.1M |
| Net Margin % | 64.6% | 61.4% | 51.9% | 70.2% | 109.6% |
| Key Metrics | |||||
| EBITDA | 108.6M | 107.1M | 78.8M | 108.7M | 5.7M |
| EPS (Basic) | ₹28.71 | ₹32.02 | ₹21.46 | ₹32.34 | ₹6.57 |
| EPS (Diluted) | ₹28.71 | ₹32.02 | ₹21.46 | ₹32.34 | ₹6.57 |
| Basic Shares Outstanding | 2955138 | 2456806 | 2456806 | 2456648 | 2456806 |
| Diluted Shares Outstanding | 2955138 | 2456806 | 2456806 | 2456648 | 2456806 |
Income Statement Trend
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NBI Industrial Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 2.5M | 430.0K | 304.0K | 61.0M | 368.9M |
| Short-term Investments | 1.8M | 331.7M | 5.4M | 21.9B | 26.2B |
| Accounts Receivable | - | 826.0K | 0 | 0 | 1.3M |
| Inventory | - | - | - | - | - |
| Other Current Assets | - | - | - | - | - |
| Total Current Assets | 12.0M | 337.7M | 11.1M | 22.0B | 26.6B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | - | - | - | - | - |
| Goodwill | - | - | - | - | - |
| Intangible Assets | - | - | - | - | - |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 204.0K | 826.0K | 73.0K | 74.0K | 348.0K |
| Total Non-Current Assets | 35.1B | 23.9B | 24.6B | 4.3M | 69.6M |
| Total Assets | 35.1B | 24.3B | 24.6B | 22.0B | 26.6B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | - | - | 0 | 104.0K | 0 |
| Short-term Debt | - | - | - | - | - |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | - | - | - | - | - |
| Total Current Liabilities | - | 2.3M | 1.7M | 6.4M | 6.4M |
| Non-Current Liabilities | |||||
| Long-term Debt | - | - | - | - | - |
| Deferred Tax Liabilities | 2.0B | 874.3M | 996.6M | 628.7M | 1.2B |
| Other Non-Current Liabilities | 791.0K | - | -200.0M | 416.0K | 197.0K |
| Total Non-Current Liabilities | 2.1B | 881.1M | 1.0B | 628.7M | 1.2B |
| Total Liabilities | 2.1B | 883.4M | 1.0B | 635.1M | 1.2B |
| Equity | |||||
| Common Stock | 14.8M | 12.3M | 12.3M | 12.3M | 12.3M |
| Retained Earnings | - | 922.8M | 669.7M | 627.8M | 548.5M |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 33.1B | 23.4B | 23.6B | 21.4B | 25.4B |
| Key Metrics | |||||
| Total Debt | 0 | 0 | 0 | 0 | 0 |
| Working Capital | 12.0M | 335.4M | 9.4M | 22.0B | 26.6B |
Balance Sheet Composition
NBI Industrial Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 108.6M | 107.1M | 78.8M | 108.9M | 9.8M |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | 3.0M | -1.3M | 1.6M | 4.5M | -2.6M |
| Operating Cash Flow | 110.7M | 105.6M | 80.2M | 113.0M | 3.1M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | 0 | -83.0K |
| Acquisitions | - | - | - | - | - |
| Investment Purchases | -2.3B | -773.8M | -305.2M | -590.6M | -112.0M |
| Investment Sales | 2.2B | 718.1M | 187.0M | 203.8M | 474.6M |
| Investing Cash Flow | -47.5M | -55.7M | -118.2M | -386.8M | 362.6M |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | - | - | - | - | - |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | - | - |
| Financing Cash Flow | -1.2M | -983.0K | 1.0K | 3.0K | - |
| Free Cash Flow | 49.7M | 56.8M | 57.4M | 79.0M | 1.3M |
| Net Change in Cash | 62.0M | 48.9M | -37.9M | -273.8M | 365.6M |
Cash Flow Trend
NBI Industrial Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
41.18
Price to Book
0.20
Price to Sales
25.62
PEG Ratio
0.03
Profitability Ratios
Profit Margin
65.80%
Operating Margin
91.56%
Return on Equity
0.26%
Return on Assets
0.24%
Financial Health
Current Ratio
0.73
Debt to Equity
0.00
Beta
0.18
Per Share Data
EPS (TTM)
₹51.78
Book Value per Share
₹10,887.51
Revenue per Share
₹73.88
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| NBIFIN | 6.2B | 41.18 | 0.20 | 0.26% | 65.80% | 0.00 |
| Motilal Oswal | 470.6B | 24.07 | 3.69 | 22.47% | 30.54% | 121.04 |
| Authum Investment | 426.1B | 11.72 | 2.62 | 28.87% | 110.11% | 20.29 |
| Delphi World Money | 48.7B | 73.72 | 0.65 | 2.21% | 0.30% | 2,547.19 |
| Indo Thai Securities | 39.0B | 106.49 | 17.17 | 4.56% | 56.96% | 1.43 |
| SG Finserve | 35.8B | 24.51 | 2.13 | 10.32% | 38.26% | 185.19 |
Financial data is updated regularly. All figures are in the company's reporting currency.




