Annual report
Business Responsibility and Sustainability Reporting (BRSR) 17 Aug - Nirlon filed its FY2025-26 BRSR in the 67th Annual Report and XBRL mode.
Source: Bse
Nirlon Limited (NIRLON)
Small CapReal Estate stocks · Small cap · NSE
Nirlon Limited operates in the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:16 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Real Estate P/E 22.2 (n=72)
Technical timing lens
Trend score and candlestick chart
51NeutralSMA20 -1.2% / mo · MACD + · sector -5.2pp vs Nifty 500 (3M)
Stock trend: 55
Sector RS: 45
Sector 3M: -10.8% vs Nifty 500 -5.6%
Real Estate FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
NIRLOND candles · FIT view+14.7%Latest close ₹625.00 on 2026-10-21
Daily history is available from 2026-04-20; the requested 1Y window is partially covered.
Bar
-0.0%
RSI
58
MACD hist
1.75
52W pos
77%
2026-10-21O ₹625.25H ₹626.85L ₹623.60C ₹625.00Vol 6,311 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
NIRLONNifty RealtyNifty 500
- NIRLON
- +0.1%
- Nifty 500
- -6.5%
- Nifty Realty
- -13.1%
- Vs Nifty 500
- +6.6 pp
Chart stats
21 Oct 2026- From 52W high
- -4.9%
- 52W range position
- 77%
- ATR (14)
- 1.9%
- Volume vs 20D
- 1.51x
- Avg traded value
- ₹0.3 Cr
- 20D price channel
- ₹580 - ₹635
₹657
₹516 - ₹657
₹11.6
Latest completed session
20-session average
10.6% annualized volatility
Research snapshot
What the evidence says now
Investable fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · UNDERVALUED72
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad27
Revenue +3.1% · PAT +19.0% YoY
Technical
Neutral51
Price trend and sector-relative-strength timing.
Valuation
Legacy model+52.6%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence77
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 27/100margin compression · Rev +3% YoY · PAT +19% YoY · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹168 Cr | +3.1% | -1.8% |
| EBITDA | ₹129 Cr | +0.8% | -2.3% |
| Operating margin | 77.0% | -100 bps | +0 bps |
| PAT | ₹69 Cr | +19.0% | -2.8% |
| PAT margin | 41.1% | +549 bps | -45 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 15.50
- P/B
- 11.83
- EV/EBITDA
- 11.56
- Market Cap
- 5546.00Cr
Profitability
- ROE
- 83.80%
- ROCE
- 30.80%
- ROA
- 15.87%
- Dividend Y
- 4.87%
Growth (CAGR)
- Revenue 5Y
- 16.00%
- EPS 5Y
- 22.00%
- Revenue 3Y
- 5.00%
- EPS 3Y
- 30.00%
Balance Sheet
- Debt/Equity
- 2.45
- Interest Coverage
- 4.93×
- Altman Z
- 3.24
- Book Value
- 52.00
Cash Flow
- FCF Yield
- 3.03%
- FCF Positive Y
- 10/5
- OCF
- 477.00 Cr
- EPS TTM
- 39.61
Shareholding
- Promoter Hold
- 67.66%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 74%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 168-1.8% vs prev
Net Profit
₹ CrLatest: 69.0-2.8% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 58. Wait for confirmation.
- SMA20 falling (~1.2% over last month) — short-term momentum negative.
- RSI(14) at 58 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 5% off 52W high · 21% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
75
RS percentile
Insufficient history
1M return
+5.2%
3M return
+0.1%
6M return
+14.6%
1Y return
-
RS 1D
+2
RS 20D
-
Sector rank
#18
Industry rank
#69
Stage evidence
- At least 170 daily sessions are required for the trend-stage read.
50-DMA
price above
200-DMA
unavailable
Sector
lagging
Industry
lagging
Partial-history RS: the 3M and 6M weights are re-normalised because 12M history is unavailable.
Relative-strength line vs Nifty 500 (base 100)
128 observations
21 Oct 2026Value 121.24+0.90%
RS vs Nifty 500121
Valuation & peers
U-Score 72 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 72 · legacy U-Score band UNDERVALUED · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · UNDERVALUEDValuation14/30
Growth21/25
Quality20/20
Balance Sheet6/15
Cash Flow6/10
Piotroski
7/9 (+5)
Penalties
0
Raw sum
72
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
72/100 · legacy band UNDERVALUED
Positive drivers
- FCF yield is supportive at 3.0%.
- Piotroski is strong at 7/9.
- Fair-value margin of safety is positive at 52.6%.
Main drags
- Balance sheet is weaker at 6/15; verify the latest quarterly trend.
- Valuation is weaker at 14/30; verify the latest quarterly trend.
- Cash flow is weaker at 6/10; verify the latest quarterly trend.
Sector valuation model
Real estate valuation: NAV, pre-sales, debt, and inventory quality
Real estate valuation depends more on project economics and balance sheet than simple PE.
Primary lens
NAV and market cap versus project pipeline and pre-sales.
Secondary checks
Inventory age, net debt, collections, execution record.
Main risk check
Book value can overstate value if inventory is slow or debt is high.
PE
15.5
PB
11.8
EV/EBITDA
11.6
ROE
83.8%
ROCE
30.8%
FCF Yield
3.0%
Debt/Equity
2.5
MoS
+52.6%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
72
Previous: 72
Legacy U-Score band
UNDERVALUED
Previous: UNDERVALUED
Margin of safety
+52.6%
Previous: +52.6%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
72
72
72
72
72
72
72
72
72
72
72
72
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹215.28
-190.3% MoS
Growth-justified P/E
33.3
Growth-justified Value
₹1,319.01
+52.6% MoS
PEG
0.62
Comparable companies
Peers
Business-comparable peers in Real Estate — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ELPROINTL
Small
Elpro International Limited
Real Estate
match 161
41
22.9
4.3%
+33%
WATCHLIST
NILASPACES
Small
Nila Spaces Limited
Real Estate
match 159
70
13.8
16.9%
+58%
UNDERVALUED
RVHL
Small
Ravinder Heights Limited
Real Estate
match 157
89
4.8
16.2%
+85%
DEEP VALUE
GKWLIMITED
Small
GKW Limited
Real Estate
match 156
29
—
-0.1%
—
OVERVALUED
NATIONSTD
Small
National Standard (India) Limited
Real Estate
match 155
31
20.1
3.5%
-71%
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Nirlon Limited operates in the Real Estate sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
77Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 83rd percentile of the scored universe and 94th percentile within Real Estate. Main check: balance sheet trust is weak at 48/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
116 docs text-extracted · 44 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
83rd percentile
overall median 67 · Real Estate: 94th pctile, median 61 · Small: 86th pctile, median 66
Evidence depth
Financial-only
116 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
48
watch · leverage and solvency
Discipline
82
strong · capital discipline
Results
95
strong · quarterly consistency
Trust positives
- ▸Promoter holding is 67.7%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 3%.
- ▸10 years of positive FCF.
Trust risks
- ▸Debt/equity is 2.45.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Nirlon Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Aug - Company has made a publication in newspapers regarding the date for holding 67th AGM of the Company for the F.Y. 2025-26 , Book closure date …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 May - Company has issued newspaper notice as required under SEBI circular as required for share transfer objection claim
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
Source: Bse
Annual report
Annual Report 2025
Source: Bse
Annual report
67TH ANNUAL REPORT (INCLUDING THE 67TH AGM NOTICE AND BRSR FOR THE FY 2025-26 17 Aug
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.