ALFA Finder| Revenue growth | Total income +3% YoY to ₹174 Cr; H1 ₹347 Cr, +3%. |
|---|---|
| Margins | EBITDA margin 78.4% in Q2; H1 77.88%; no peer comparison. |
| Demand visibility | GCC demand called stable; few live enquiries given near-zero vacancy. |
| Management confidence | Defensive; repeatedly deflected on dividends, prepayment, tenants, NH. |
Growth
Total income and EBITDA both rose 3% YoY, so growth is flat and rent-driven at 99.8% occupancy. PAT YoY is not comparable due to a prior-year tax one-off.
Outlook
No numeric guidance. Cash was ₹345 Cr at H1. The FY27 dividend is undecided, and an as-is sale valuation of NH has begun.
Risks
290,000 sq ft of NKP leases expire in FY28 with no tenant commitments. A ₹57 Cr loan moved to current, and the dividend is undecided.
Earnings Call Transcript filed with BSE, NSE: NIRLON. Summary written with AI assistance from the document.
Nirlon Ltd: key numbers
- Share price
- ₹635.85
- Market cap
- ₹5,730 Cr
- Revenue (annual)
- ₹669.2 Cr
- Net profit (annual)
- ₹346.0 Cr
- P/E (TTM)
- 20.4×Sector 38.2×
- Promoter holding
- 67.64%-0.01% QoQ
- FII holding
- 4.61%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Nirlon Ltd
All →Nirlon Q2 FY27 Results: Net Profit ₹71.9 Cr, Down 51.3% YoY
Nirlon Ltd reported revenue from operations of ₹169.1 Cr (+2.3% YoY) and net profit of ₹71.9 Cr (-51.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹71.9 Cr · -51.3% YoY
Nirlon Board Meeting Outcome
Nirlon Ltd's board approved a modification to its Dividend Distribution Policy on November 2, 2026. This is a routine governance update with no dividend declared or cash impact.
Nirlon Investor Presentation: Key Takeaways
Q2 FY27 total income ₹1,741 Mn (+3.1% YoY), EBITDA ₹1,365 Mn (78.40% margin), PAT ₹719 Mn. PAT fell 51.3% YoY against a prior-year ₹69.50 Cr one-time tax reversal.
Nirlon Other Announcement
Nirlon Ltd has submitted its quarterly shareholding pattern pursuant to Regulation 31(1)(b) of SEBI (LODR) Regulations, 2015, for the quarter ending September 30, 2026.
Nirlon Capital Structure Change
BSREP IV FPI Two Holdings (DIFC) Limited acquired 23,25,000 equity shares (2.58%) of Nirlon Ltd from InRe Fund II via an inter-se off-market transfer.
Nirlon Capital Structure Change
InRe Fund II acquired a 2.58% stake in Nirlon Limited through an open market transaction. The acquisition increases the combined holding of the acquirer and PAC to 15.06%.