The shares of this leading critical components for Defence, E-Vehicles and Software Development manufacturer are in focus after it announced that it had bagged an order worth Rs 23 crore.
With a market capitalisation of Rs 2,716 crores, the shares of NIBE Ltd closed at Rs 1899.70 per share, down by 15.4 percent from its 52-week high of Rs 2,245.40 per share. Over the last five years, the stock has delivered a multibagger return of 19,031 percent.
On Wednesday, the company, through a stock exchange filing, announced that it has secured a Purchase order worth Rs 23.33 crore (inclusive of all taxes) from a leading Infra and Defence Company (name not disclosed). The scope of the order includes the Supply of Armor Plate MIL12560 (ARMOUR), and it has to be executed by 31 May 2026.
Financial Highlights
The company reported a revenue of Rs 507 crore in FY25, up by 80 percent from its FY24 revenue of Rs 282 crore. Coming to its profitability, it reported a net profit growth of 47 percent to Rs 27 crore in FY25 from Rs 19 crore in FY24.
The stock has delivered an ROE and ROCE of 13.61 percent and 16.20 percent respectively, and is currently trading at a P/E of 101.60x as compared to its industry average of 76.97x.
The NIBE Group operates in defence, sustainable electric mobility, and advanced technology. It manufactures missiles, naval structures, sonar and surveillance sensors, military software, and EV products, specifically e-bikes, e-rickshaws, battery packs, and solar systems.
NIBE focuses on research and development for disruptive electric vehicle technology, lithium battery products, hybrid power conversion units, and strengthening electronic systems.
NIBE Limited also designs and manufactures electronic components and fabrication, as well as providing turnkey services for low-voltage and medium-voltage power projects.
Written by Satyajeet Mukherjee
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