Nirav Commercials
Commercial Services
512425 BSE
₹659.25
Close ·
- P/E
- 42.37
Close 4 Nov 2026 ₹659.25 −43.55 −6.20% 1Y
Start ₹702.80
Key Fundamentals
MicrocapCommercial ServicesServicesPrice-based figures at the close · EPS basis: Standalone · TTM
- ROCE
- 0.76%
- Debt to Equity
- 0.00
- EPS (TTM)
- ₹15.56
- Book Value
- ₹804.94
- Market Cap
- —
- P/E (TTM)
- 42.37
- P/B
- 0.82
- ROE
- 0.16%
- Dividend Yield
- 0.00%
- EBITDA
- ₹40.00 L
- 52W High
- ₹953.30
- 52W Low
- ₹551.00
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.87 times its book value
Weaknesses
2- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -0.07% over last 3 years.
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 12 | 5 | 2 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 10 | 0 | 0 |
Oscillators
Neutral
Bearish
2
Neutral
5
Bullish
2
Overall
Strong Bearish
Bearish
12
Neutral
5
Bullish
2
Moving Averages
Strong Bearish
Bearish
10
Neutral
0
Bullish
0
Key readings
- RSI (14)
- 43.61
- Neutral
- MACD (12,26,9)
- −2.51
- Bearish
- SMA (50)
- 695.07
- Bearish
- SMA (200)
- 694.37
- Bearish
As of
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | +5.98% |
|---|---|
| 5Y | +19.63% |
| 3Y | +10.25% |
| 1Y | +32.48% |
| TTM | −20.38% |
Net profit
| 10Y | +9.72% |
|---|---|
| 5Y | −45.90% |
| 3Y | −13.74% |
| 1Y | +975.00% |
| TTM | Turned to profit |
Operating cash flow
| 10Y | Outflow widened by ₹2.77 Cr |
|---|---|
| 5Y | Outflow narrowed by ₹8.21 Cr |
| 3Y | Turned negative |
| 1Y | Outflow widened by ₹2.99 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | +0.85 pp |
|---|---|
| 5Y | +7.28 pp |
| 3Y | −4.83 pp |
| 1Y | +3.12 pp |
| TTM | +1.63 pp |
Revenue by year
| Mar 2017 | ₹11.72 Cr |
|---|---|
| Mar 2018 | ₹6.08 Cr |
| Mar 2019 | ₹5.06 Cr |
| Mar 2020 | ₹3.72 Cr |
| Mar 2021 | ₹5.26 Cr |
| Mar 2022 | ₹11.09 Cr |
| Mar 2023 | ₹9.62 Cr |
| Mar 2024 | ₹10.52 Cr |
| Mar 2025 | ₹9.73 Cr |
| Mar 2026 | ₹12.89 Cr |
Net profit by year
| Mar 2017 | ₹0.40 Cr |
|---|---|
| Mar 2018 | ₹6.57 Cr |
| Mar 2019 | ₹0.15 Cr |
| Mar 2020 | ₹0.04 Cr |
| Mar 2021 | ₹9.28 Cr |
| Mar 2022 | ₹1.44 Cr |
| Mar 2023 | ₹0.67 Cr |
| Mar 2024 | ₹0.32 Cr |
| Mar 2025 | ₹0.04 Cr |
| Mar 2026 | ₹0.43 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.34 | 2.91 | 1.98 | 2.53 | 2.28 | 2.48 | 3.49 | 3.76 | 2.88 | 2.2 | 1.5 | 6.31 | 0.03 |
| Expenses | 3.08 | 2.68 | 2.27 | 4.41 | 2.19 | 2.42 | 3.65 | 4.07 | 2.99 | 2.23 | 1.81 | 6.02 | 0.23 |
| Operating Profit | 0.26 | 0.23 | −0.29 | −1.88 | 0.09 | 0.06 | −0.16 | −0.31 | −0.11 | −0.03 | −0.31 | 0.29 | −0.2 |
| OPM % | 7.78% | 7.9% | −14.65% | −74.31% | 3.95% | 2.42% | −4.58% | −8.24% | −3.82% | −1.36% | −20.67% | 4.6% | −666.67% |
| Other Income | 0 | 0.31 | 0.2 | 0.06 | 0 | 0.01 | 0.17 | 0.65 | 0.12 | 0.12 | 0.09 | 0.58 | 0.22 |
| Interest | 0.01 | 0.07 | 0.01 | 0.03 | 0.02 | 0.06 | 0.12 | 0.07 | 0.09 | 0.07 | 0.04 | 0.04 | 0 |
| Depreciation | 0.02 | 0.04 | 0.03 | 0.05 | 0.03 | 0.03 | 0.07 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0 |
| PBT | 0.23 | 0.43 | −0.13 | −1.9 | 0.04 | −0.02 | −0.18 | 0.23 | −0.12 | −0.02 | −0.3 | 0.79 | 0.02 |
| Tax % | 34.78% | −11.63% | 46.15% | −1.05% | 25% | −50% | −22.22% | 13.04% | −25% | −500% | −36.67% | 22.78% | −450% |
| Net Profit | 0.15 | 0.48 | −0.19 | −1.88 | 0.03 | −0.01 | −0.14 | 0.2 | −0.09 | 0.08 | −0.19 | 0.61 | 0.11 |
| EPS (₹) | 3.83 | 12.24 | −4.85 | −47.96 | 0.77 | −0.26 | −3.57 | 5.1 | −2.3 | 2.04 | −4.85 | 15.56 | 2.81 |
Profit & Loss
₹ Cr| Particulars | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9.11 | 7.21 | 11.72 | 6.08 | 5.06 | 3.72 | 5.26 | 11.09 | 9.62 | 10.52 | 9.73 | 12.89 | 10.04 |
| Expenses | 9.06 | 7.35 | 11.28 | 6.32 | 5.71 | 4.92 | 5.7 | 11.13 | 9.26 | 10.67 | 10.14 | 13.03 | 10.29 |
| Operating Profit | 0.05 | −0.14 | 0.44 | −0.24 | −0.65 | −1.2 | −0.44 | −0.04 | 0.36 | −0.15 | −0.41 | −0.14 | −0.25 |
| OPM % | 0.55% | −1.94% | 3.75% | −3.95% | −12.85% | −32.26% | −8.37% | −0.36% | 3.74% | −1.43% | −4.21% | −1.09% | −2.49% |
| Other Income | 0.4 | 0.41 | 0.31 | 8.51 | 0.86 | 1.3 | 9.82 | 0.8 | 0.6 | 0.8 | 0.83 | 0.91 | 1.01 |
| Interest | 0.05 | 0.01 | 0.17 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.04 | 0.14 | 0.25 | 0.26 | 0.15 |
| Depreciation | 0.08 | 0.06 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.12 | 0.14 | 0.15 | 0.12 |
| PBT | 0.32 | 0.2 | 0.53 | 8.21 | 0.15 | 0.04 | 9.32 | 0.69 | 0.88 | 0.39 | 0.03 | 0.36 | 0.49 |
| Tax % | 15.62% | 20% | 26.42% | 19.98% | 0% | 0% | 0.54% | −108.7% | 22.73% | 15.38% | −66.67% | −16.67% | — |
| Net Profit | 0.27 | 0.17 | 0.4 | 6.57 | 0.15 | 0.04 | 9.28 | 1.44 | 0.67 | 0.32 | 0.04 | 0.43 | 0.61 |
| EPS (₹) | 6.89 | 4.34 | 10.2 | 168 | 3.83 | 1.02 | 237 | 36.73 | 17.09 | 8.16 | 1.02 | 10.97 | 15.56 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | 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 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 | 0.39 |
| Reserves | 9.85 | 10.01 | 10.41 | 16.98 | 17.13 | 17.07 | 26.36 | 28.13 | 28.73 | 29.48 | 30.08 | 31 |
| Borrowings | 0.1 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.2 | 0.93 | 0 |
| Other Liabilities | 0.5 | 0.64 | 1.85 | 1.64 | 1.54 | 1.28 | 0.77 | 1.31 | 2.03 | 1.78 | 2.2 | 0.3 |
| Total Liabilities | 10.84 | 11.14 | 12.65 | 19.01 | 19.06 | 18.74 | 27.52 | 29.83 | 31.15 | 31.85 | 33.6 | 31.69 |
| Fixed Assets | 0.35 | 0.29 | 0.32 | 0.42 | 0.37 | 0.38 | 0.37 | 0.33 | 0.3 | 0.62 | 0.8 | 0.28 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 4.17 | 4.17 | 4.17 | 11.99 | 12.36 | 3.72 | 2.03 | 16.41 | 19.04 | 24.94 | 25.66 | 26.27 |
| Other Assets | 6.32 | 6.68 | 8.16 | 6.6 | 6.33 | 14.64 | 25.12 | 13.09 | 11.81 | 6.29 | 7.14 | 5.14 |
| Total Assets | 10.84 | 11.14 | 12.65 | 19.01 | 19.06 | 18.74 | 27.52 | 29.83 | 31.15 | 31.85 | 33.6 | 31.69 |
Cash Flow
₹ Cr| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | −0.21 | −0.5 | −0.08 | −0.45 | −0.07 | −9.74 | −11.48 | 13.56 | 3.86 | 3.75 | −0.28 | −3.27 |
| Investing | 0.07 | 0.09 | 0.02 | 0.12 | 0.13 | 8.73 | 10.79 | −14.01 | −2.79 | −6.29 | −1.03 | −0.67 |
| Financing | 0.17 | 0.24 | 0.15 | 0.3 | 0.17 | 0.95 | 0.55 | 0.55 | 0.4 | 1 | 1.2 | 3.9 |
| Net Cash Flow | 0.03 | −0.17 | 0.08 | −0.03 | 0.23 | −0.06 | −0.14 | 0.09 | 1.47 | −1.54 | −0.11 | −0.04 |
| Free Cash Flow | −0.26 | −0.5 | −0.16 | −0.59 | 0.04 | −9.71 | −11.32 | 13.56 | 3.85 | 3.31 | −0.59 | −3.35 |
| CFO/EBITDA | −100 | 321 | −7 | −496 | −6 | 803 | 2,593 | −33,775 | 1,103 | −2,527 | 85 | 2,286 |
Ratios
| Particulars | 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 | 44.47 | 62.77 | 96.23 | 79.84 | 63.48 | 79.48 | 99.23 | 37.19 | 86.89 | 36.78 | 60.4 | 0 |
| Inventory Days | 126 | 151 | 104 | 292 | 317 | 376 | 172 | 94.61 | 158 | 124 | 177 | 0 |
| Days Payable | 13.28 | 18.29 | 49.61 | 92.03 | 104 | 30.19 | 9.84 | 7.62 | 64.15 | 10.25 | 23.89 | — |
| Cash Conversion Cycle | 158 | 195 | 151 | 279 | 276 | 425 | 262 | 124 | 181 | 151 | 213 | 0 |
| Working Capital Days | 217 | 294 | 189 | 285 | 313 | 1,270 | 1,676 | 375 | 306 | 148 | 174 | 139 |
| ROCE % | 1.66% | −0.29% | 5.63% | 56.94% | −1.83% | −0.8% | 41.35% | 2.57% | 2.91% | 0.14% | 0.75% | 0.76% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Nirav Commercials insights
61 extracted metrics across FY10–FY27.
Documents
- Q3 FY26 concall · Feb 2026PPT
- 28 May 2026
- 10 Feb 2026
- General announcements 12 Oct 2026
- Intimation 10 Aug 2026
Frequently Asked Questions about Nirav Commercials
What does Nirav Commercials Ltd do?
Incorporated in 1985, Nirav Commercials Ltd manufactures Aluminium Doors & Windows
Where is Nirav Commercials Ltd (NIRAVCOM) listed?
Nirav Commercials Ltd trades under code 512425 on the BSE.
Which sector does Nirav Commercials Ltd belong to?
Nirav Commercials Ltd is classified under the Commercial Services sector, in the Trading & Distributors industry.
What is the PE ratio of Nirav Commercials Ltd?
Nirav Commercials Ltd trades at a PE ratio of 42.37 as of 4 Nov 2026, on earnings per share of ₹15.56, against a book value of ₹804.94 per share.
What is the 52-week high and low of Nirav Commercials Ltd?
Over the last 52 weeks Nirav Commercials Ltd has traded between ₹551 and ₹953.3 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Nirav Commercials Ltd?
Nirav Commercials Ltd reported a return on equity of 0.16%. Its debt-to-equity ratio is 0.00.
Company Information
Incorporated in 1985, Nirav Commercials Ltd manufactures Aluminium Doors & Windows
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