N.B.I. Industrial Finance Company Ltd (NBIFIN) AI Stock Analysis

N.B.I. Industrial Finance Company Ltd

(NSE:NBIFIN)

Select Model

Rating:65Neutral

Price Target:INR 1,981.00▲(13.73% Upside)

Action:downgraded

Date:10/12/26

Strong financial position driven by high margins and debt-free balance sheet is the main positive; weak technical momentum with price below moving averages and negative MACD limits the score.

Positive Factors

Very high profitabilityPersistently high net and operating margins indicate strong earnings power and substantial profitability relative to revenue. If maintained, this margin profile can support internal reinvestment, resilience through moderate business fluctuations, and durable value creation over the next several quarters.

Negative Factors

Very low return on equityExtremely low returns on shareholder capital indicate that strong reported profitability has not translated into efficient use of the equity base. This can constrain compounding potential and raise questions about capital deployment quality despite the absence of debt.

N.B.I. Industrial Finance Company Ltd (NBIFIN) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 4.28B
Dividend Yield: 0.04%
Average Volume (3M): 1,327
Price to Earnings (P/E): 37.1
Beta (1Y): 1.01
Revenue Growth: 8.77%
EPS Growth: 11.86%
Country: India
Employees: 6
Sector: General
Sector Strength: 55
Industry: Financial - Capital Markets

N.B.I. Industrial Finance Company Ltd Business Overview & Revenue Model

Company Description

N.B.I. Industrial Finance Company Limited operates as a non-banking financial firm, with its primary activities centered around investments in equities and other securities, alongside providing various financial services. This entity was formerly kno...

N.B.I. Industrial Finance Company Ltd Financial Statement Overview

Summary

Robust profitability with margins often above 80%, zero debt, and steadily growing positive cash flows; revenue volatility and low ROE are offsetting factors.

Income Statement

82Very Positive

Balance Sheet

88Very Positive

Cash Flow

75Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	208.67M	198.58M	131.36M	128.15M	101.64M	113.21M
Gross Profit	187.12M	198.58M	110.98M	112.69M	87.80M	104.97M
EBITDA	185.07M	166.97M	108.56M	107.06M	78.82M	108.71M
Net Income	138.86M	124.29M	84.84M	78.66M	52.73M	79.45M
Balance Sheet
Total Assets	0	27.26B	35.13B	24.26B	24.58B	22.02B
Cash, Cash Equivalents and Short-Term Investments	468.31M	19.67M	4.25M	332.15M	9.24M	65.27M
Total Debt	0	0	0	0	0	0
Total Liabilities	-26.38B	874.88M	2.05B	883.37M	1.00B	635.14M
Stockholders Equity	26.38B	26.38B	33.08B	23.38B	23.58B	21.39B
Cash Flow
Free Cash Flow	40.87M	51.01M	49.68M	56.81M	57.45M	79.01M
Operating Cash Flow	40.87M	60.06M	49.68M	56.81M	57.45M	79.01M
Investing Cash Flow	-37.42M	-52.24M	-47.47M	-55.70M	-118.16M	-386.85M
Financing Cash Flow	-1.48M	-1.48M	-1.23M	-983.00K	1,000	3,000

N.B.I. Industrial Finance Company Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price1741.90

Price Trends

50DMA1901.01Negative

100DMA1969.08Negative

200DMA1957.24Negative

Market Momentum

MACD-51.91Positive

RSI33.42Neutral

STOCH30.74Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NBIFIN, the sentiment is Negative. The current price of 1741.90 is below the 20-day moving average (MA) of 1799.46, below the 50-day MA of 1901.01, and below the 200-day MA of 1957.24, indicating a bearish trend. The MACD of -51.91 indicates Positive momentum. The RSI at 33.42 is Neutral, neither overbought nor oversold. The STOCH value of 30.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NBIFIN.

N.B.I. Industrial Finance Company Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:NBIFIN against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:NAHARCAP	71Outperform	INR 3.69B	3.14	―	0.67%	24.90%	111.43%
IN:NBIFIN	65Neutral	INR 4.28B	37.07	―	0.04%	8.77%	11.86%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:DHUNINV	51Neutral	INR 5.01B	5.06	―	0.37%	-12.59%	1.11%
IN:THEINVEST	46Neutral	INR 4.41B	13.49	―	―	-20.72%	-15.18%
IN:VLSFINANCE	46Neutral	INR 6.45B	13.63	―	0.72%	-4.48%	134.30%
IN:WELINV	45Neutral	INR 7.18B	233.33	―	―	178.09%	148.89%

* General Sector Average

Performance Comparison

IN:NBIFIN and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:NBIFIN	N.B.I. Industrial Finance Company Ltd	1741.90	-789.30	-31.18%
IN:DHUNINV	Dhunseri Investments Limited	822.50	-591.06	-41.81%
IN:NAHARCAP	Nahar Capital & Financial Services Ltd.	220.35	-69.04	-23.86%
IN:THEINVEST	Investment Trust of India Limited	84.33	-56.07	-39.94%
IN:VLSFINANCE	V L S Finance Limited	209.70	-9.86	-4.49%
IN:WELINV	Welspun Investments & Commercials Ltd.	1963.35	764.45	63.76%

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: Oct 11, 2026

N.B.I. Industrial Finance Company Ltd AI Stock Analysis