| Revenue growth | Q2 total income +3.1% YoY; H1 +3.2% |
|---|---|
| Margins | Q2 EBITDA margin 78.40%; -29 bps YoY, +110 bps QoQ |
| Demand visibility | Q2 occupancy ~99.8%; NIUM renewed 37,000 sq ft at NKP |
Growth
Q2 license fees +2.4% YoY; H1 total income +3.2%. Q2 PAT -51.3% YoY, distorted by the prior-year deferred tax reversal.
Outlook
No explicit revenue or profit guidance given. FY26 dividend ₹30/share. H1 FY27 CWIP ₹233 Mn, indicating minimal capex.
Risks
Vacancy of ~6,800 sq ft across NKP and NH. EBITDA margin down 29 bps YoY in Q2 and 95 bps in H1. HSBC debt outstanding ₹1,150 Cr.
Investor Presentation filed with BSE, NSE: NIRLON. Summary written with AI assistance from the document.
Nirlon Ltd: key numbers
- Share price
- ₹623.05
- Market cap
- ₹5,615 Cr
- Revenue (annual)
- ₹669.2 Cr
- Net profit (annual)
- ₹346.0 Cr
- P/E (TTM)
- 15.7×Sector 34.4×
- 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 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%.
Nirlon Promoter Selling: ₹0.12 Cr
Nirlon Ltd's promoter group entity, Shital Trading & Interiors Pvt. Ltd., sold 2,000 equity shares via a market sale. The transaction was valued at Rs.0.12 Crore.
- Value
- ₹0.12 Cr