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Nahar Capital & Financial Services Ltd. (IN:NAHARCAP)
:NAHARCAP
India Market
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Nahar Capital & Financial Services Ltd. (NAHARCAP) AI Stock Analysis

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IN:NAHARCAP

Nahar Capital & Financial Services Ltd.

(NAHARCAP)

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Outperform 71 (OpenAI - Gpt-5.6Sol)
Rating:71Outperform
Price Target:
₹280.00
▲(7.05% Upside)
Action:Reiterated
Date:08/29/26
The score is primarily driven by strong financial stability from a conservatively positioned balance sheet and an attractive low P/E valuation. Offsetting these positives are weaker cash-flow conversion historically and only mixed/neutral technical conditions, which reduce confidence in the durability of recent performance improvements.
Positive Factors
Conservative Balance Sheet
Minimal leverage and a stable-to-growing equity base reduce refinancing risk and provide financial flexibility. This conservative structure can help the NBFC withstand earnings volatility and support continued operations through changing market conditions.
Negative Factors
Historically Weak Cash Conversion
Repeated negative operating and free cash flow indicates that reported earnings have not consistently translated into cash. This creates a durable funding and sustainability risk, particularly if recent cash-flow improvement reverses or working-capital needs rise.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Minimal leverage and a stable-to-growing equity base reduce refinancing risk and provide financial flexibility. This conservative structure can help the NBFC withstand earnings volatility and support continued operations through changing market conditions.
Read all positive factors

Nahar Capital & Financial Services Ltd. (NAHARCAP) vs. iShares MSCI India ETF (INDA)

Nahar Capital & Financial Services Ltd. Business Overview & Revenue Model

Company Description
Nahar Capital and Financial Services Limited operates as a non-deposit taking non-banking financial company. Its activities are primarily segmented into Investment/Financial services and Real Estate. Within the financial segment, the company strat...
How the Company Makes Money
Detailed, company-specific information on NAHARCAP’s revenue model and key revenue streams is not available from the provided context. null...

Nahar Capital & Financial Services Ltd. Financial Statement Overview

Summary
Strong balance sheet strength (very low leverage; stable-to-growing equity) supports resilience, and FY2026 showed a sharp revenue rebound. However, earnings have been volatile across years and cash flow quality is a major concern given multiple years of negative operating/free cash flow, despite improvement in the last two years.
Income Statement
74
Positive
Balance Sheet
88
Very Positive
Cash Flow
38
Negative
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue525.84M489.41M248.93M223.62M239.91M258.42M
Gross Profit494.33M465.80M177.74M158.73M177.97M206.82M
EBITDA1.05B805.94M599.10M161.37M944.09M3.07B
Net Income1.19B631.41M498.12M117.66M1.07B2.26B
Balance Sheet
Total Assets0.0017.82B17.26B17.00B16.81B17.33B
Cash, Cash Equivalents and Short-Term Investments5.29M5.29M229.61M548.13M597.52M574.53M
Total Debt0.0096.88M53.52M43.02M0.0015.08M
Total Liabilities-16.08B1.74B1.62B1.58B1.52B1.74B
Stockholders Equity16.08B16.08B15.64B15.42B15.28B15.59B
Cash Flow
Free Cash Flow-507.94M187.46M219.77M-178.05M-340.02M-696.72M
Operating Cash Flow-454.34M275.20M313.27M-106.67M-229.25M-692.11M
Investing Cash Flow482.10M-325.35M-268.00M123.17M255.00M748.91M
Financing Cash Flow-29.25M18.24M-14.62M-26.54M-26.45M-51.15M

Nahar Capital & Financial Services Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price261.55
Price Trends
50DMA
252.66
Positive
100DMA
252.88
Positive
200DMA
247.40
Positive
Market Momentum
MACD
1.18
Positive
RSI
52.01
Neutral
STOCH
57.17
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NAHARCAP, the sentiment is Positive. The current price of 261.55 is above the 20-day moving average (MA) of 256.79, above the 50-day MA of 252.66, and above the 200-day MA of 247.40, indicating a bullish trend. The MACD of 1.18 indicates Positive momentum. The RSI at 52.01 is Neutral, neither overbought nor oversold. The STOCH value of 57.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NAHARCAP.

Nahar Capital & Financial Services Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (55)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
₹4.32B3.680.57%21.36%140.06%
66
Neutral
₹6.22B6.300.29%-12.59%1.11%
64
Neutral
₹3.68B24.621.87%-48.97%
64
Neutral
₹4.87B42.240.04%8.77%11.86%
56
Neutral
₹8.00B264.612.43%-11.30%
55
Neutral
$6.65B3.83-15.92%6.20%10.91%7.18%
55
Neutral
₹4.96B14.85-20.72%-15.18%
* General Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:NAHARCAP
Nahar Capital & Financial Services Ltd.
258.00
-26.47
-9.30%
IN:AVONMORE
Avonmore Capital & Management Services Limited
14.07
-5.04
-26.37%
IN:DHUNINV
Dhunseri Investments Limited
1,000.00
-406.58
-28.91%
IN:NBIFIN
N.B.I. Industrial Finance Company Ltd
1,967.70
-579.60
-22.75%
IN:THEINVEST
Investment Trust of India Limited
96.95
-53.10
-35.39%
IN:WELINV
Welspun Investments & Commercials Ltd.
2,187.90
1,130.90
106.99%

Nahar Capital & Financial Services Ltd. Corporate Events

Nahar Capital Files SEBI Demat Compliance Certificate for June Quarter
Jul 8, 2026
Nahar Capital Financial Services Ltd., a listed non-banking financial company, has reported compliance with depository-related norms for its equity shares. The firm works with Alankit Assignments Ltd. as its registrar and transfer agent to manage...
Nahar Capital Urges Physical Shareholders to Update PAN, KYC and Nomination Details
Jun 18, 2026
Nahar Capital and Financial Services Limited has notified the stock exchanges that it has completed dispatching intimation letters for FY 2025-26 to shareholders holding equity shares in physical form, instructing them to furnish or update their P...
Nahar Capital Reports No Share Dematerialization in May 2026
Jun 9, 2026
Nahar Capital Financial Services Ltd. reported that no shares were dematerialized during May 2026, in compliance with Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. As of May 31, 2026, the company confirmed that t...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 29, 2026