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NEIL Industries Overview

1. Business Overview

NEIL Industries Ltd. is an Indian Non-Banking Financial Company (NBFC). As an NBFC, its core business involves providing various financial services, primarily extending credit facilities and making investments, without holding a full banking license. NBFCs typically cater to segments often underserved by traditional banks, offering products such as loans (e.g., business loans, personal loans, asset finance) and other forms of credit. The company generates revenue primarily through interest income earned on the loans and advances it provides.

2. Key Segments / Revenue Mix

Specific details regarding NEIL Industries Ltd.'s key business segments or a detailed breakdown of its revenue mix are not publicly available from the provided information. As a typical NBFC, its operations would generally involve different lending verticals (e.g., retail finance, corporate finance, asset-backed lending) or investment activities, but the specific contribution of each is not disclosed.

3. Industry & Positioning

NEIL Industries Ltd. operates within the highly competitive and regulated Indian NBFC sector. This sector is characterized by a diverse range of players, from large, diversified entities to smaller, specialized lenders. NBFCs play a crucial role in India's financial system by providing credit to various segments, including individuals, SMEs, and corporates. Without specific market share data or a defined niche, NEIL is likely a smaller player competing against a multitude of NBFCs, including larger, well-established diversified finance companies and specialized lenders.

4. Competitive Advantage (Moat)

Based solely on the provided information, it is challenging to identify a strong, durable competitive advantage (moat) for NEIL Industries Ltd. in the highly fragmented and competitive Indian NBFC landscape. Smaller NBFCs often try to establish moats through niche specialization, superior local customer relationships, efficient credit assessment and collection mechanisms, or proprietary technology. However, without specific details on these aspects, it is difficult to confirm a clear and sustainable moat such as significant brand power, economies of scale, network effects, or high switching costs typically seen in larger financial institutions.

5. Growth Drivers

Key factors that can drive growth for NEIL Industries Ltd. over the next 3-5 years include:

Economic Growth: A growing Indian economy typically leads to increased demand for credit from both individuals and businesses.

Credit Demand: Sustained demand for credit in underserved segments, particularly SMEs and consumers, where NBFCs often play a significant role.

Financial Inclusion: Government and regulatory pushes for greater financial inclusion can expand the addressable market for NBFCs.

Digitalization: Adoption of digital lending platforms and processes can enhance reach, efficiency, and customer acquisition.

Expansion into Niche Segments: Successfully identifying and dominating specific, underserved lending niches.

6. Risks

Asset Quality and Credit Risk: The primary risk for any lending institution is the deterioration of its loan book, leading to Non-Performing Assets (NPAs), which directly impacts profitability.

Interest Rate Volatility: Fluctuations in interest rates can impact funding costs and net interest margins.

Liquidity Risk: Difficulty in raising funds at competitive rates or managing asset-liability mismatches.

Regulatory Changes: Changes in RBI regulations for NBFCs (e.g., capital adequacy norms, NPA recognition, lending limits) can impact operations and profitability.

Competition: Intense competition from banks, larger NBFCs, and emerging FinTech players can pressure margins and market share.

Economic Slowdown: A general economic downturn can reduce credit demand and increase defaults.

7. Management & Ownership

Specific details regarding the promoters, management quality, and detailed ownership structure for NEIL Industries Ltd. are not provided in the input. In many Indian companies, promoter groups often hold significant stakes and play a crucial role in strategic decision-making and long-term vision.

8. Outlook

The outlook for NEIL Industries Ltd. presents a balanced view of opportunities and challenges. On the bullish side, India's robust economic growth trajectory and the persistent demand for credit from various segments (especially those underserved by traditional banks) offer a favorable environment for NBFCs. If NEIL can effectively manage its asset quality, efficiently raise capital, and identify specific niche markets where it can offer competitive and tailored financial solutions, it has the potential for growth. However, the bearish case highlights significant headwinds. The intense competition within the NBFC sector, the inherent risks associated with lending (credit and liquidity risks), and the potential for adverse regulatory changes or interest rate volatility pose substantial threats. An inability to maintain strong asset quality, effectively manage funding costs, or adapt to evolving market dynamics could significantly impact its profitability and long-term sustainability.

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NEIL Industries Key Financials

Market Cap ₹12 Cr.

Stock P/E 10.1

P/B 0.2

Current Price ₹6.2

Book Value ₹ 30.6

Face Value 10

52W High ₹12.8

Dividend Yield 0%

52W Low ₹ 5.6

NEIL Industries Share Price

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Volume
Price

NEIL Industries Quarterly Price

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NEIL Industries Peer Comparison

NEIL Industries Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Operating Revenue 1 1 1 1 1 1 1 1 1 1
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 1 1 1 1 1 1 1 1 1 1
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit 1 1 1 1 1 1 1 1 1 1
Interest Expense 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 0 0 1 1 0 1 1
Provision for Tax 0 0 -0 0 0 0 0 0 0 0
Profit After Tax 1 0 1 0 0 0 0 0 0 0
Adjustments 0 0 0 0 0 0 -0 0 0 -0
Profit After Adjustments 1 0 1 0 0 0 0 0 0 0
Adjusted Earnings Per Share 0.3 0.3 0.5 0.2 0.2 0.2 0.1 0.2 0.3 0.2

NEIL Industries Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 6 24 14 18 9 7 3 3 3 3 3 4
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 6 24 14 18 9 7 3 3 3 3 3 4
Total Expenditure 6 23 13 17 8 5 1 5 1 0 1 0
Operating Profit 1 1 1 2 1 2 2 -2 2 3 3 4
Interest Expense 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 1 1 1 2 1 2 2 -2 2 3 2 3
Provision for Tax 0 0 0 0 1 0 1 1 1 0 1 0
Profit After Tax 1 1 1 1 1 1 1 -3 2 3 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1 1 1 1 1 1 1 -3 2 3 1 0
Adjusted Earnings Per Share 0.3 0.4 0.3 0.6 0.4 0.6 0.5 -1.4 0.9 1.3 0.6 0.8

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% -16% -7%
Operating Profit CAGR 0% 0% 8% 12%
PAT CAGR -67% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -33% -4% -3% -13%
ROE Average 2% 3% 1% 1%
ROCE Average 3% 4% 3% 2%

NEIL Industries Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 50 51 52 53 54 55 56 53 55 57 59
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 6
Current Liability 0 1 0 1 1 2 3 1 1 0 1
Other Liabilities & Provisions -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Total Liabilities 51 52 52 54 55 57 59 54 55 58 66
Loans 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 9 0 0 4 17 17
Fixed Assets 0 0 0 0 0 0 0 0 0 0 3
Other Loans 47 47 50 42 51 47 49 43 40 29 34
Other Non Current Assets 0 0 0 0 0 0 0 0 0 0 0
Current Assets 4 5 2 11 4 1 1 1 1 2 1
Total Assets 51 52 52 54 55 57 59 54 55 58 66

NEIL Industries Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 0 1 0 3 0 0 0 1 0 0
Cash Flow from Operating Activities -3 -0 3 -1 11 2 -0 1 1 0 -3
Cash Flow from Investing Activities 3 0 -3 4 -13 -3 0 0 -1 -0 -4
Cash Flow from Financing Activities -0 0 0 0 0 0 0 0 0 0 6
Net Cash Inflow / Outflow -0 0 -0 3 -2 -0 -0 1 -1 0 -0
Closing Cash & Cash Equivalent 0 1 0 3 0 0 0 1 0 0 0

NEIL Industries Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0.29 0.41 0.28 0.58 0.37 0.59 0.5 -1.43 0.95 1.28 0.61
CEPS(Rs) 0.34 0.5 0.32 0.6 0.4 0.62 0.51 -1.41 0.95 1.29 0.84
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 25.82 26.23 26.51 27.09 27.46 28.05 28.55 27.12 28.07 29.35 29.96
Net Profit Margin 8.85 3.37 3.9 6.18 8.02 16.98 35.01 -94.32 61.82 79.44 38.65
Operating Margin 12.77 4.71 6.62 8.51 13.87 22.11 71.09 -69.98 81.45 88.71 68.79
PBT Margin 12.75 4.7 6.6 8.51 13.85 22.1 71.08 -69.98 81.45 88.71 65.74
ROA(%) 1.07 1.58 1.06 2.13 1.35 2.07 1.68 -4.98 3.39 4.43 1.92
ROE(%) 1.13 1.59 1.07 2.15 1.37 2.13 1.76 -5.13 3.43 4.47 2.05
ROCE(%) 1.63 2.23 1.81 2.96 2.36 2.78 3.57 -3.8 4.52 5 3.45
Price/Earnings(x) 202.71 57.85 133.06 0 0 31.23 14.29 0 7.02 13.31 13.07
Price/Book(x) 2.29 0.91 1.41 0 0 0.66 0.25 0.2 0.24 0.58 0.27
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 17.87 1.92 5.18 0.93 2.12 5.29 4.97 3.43 4.32 10.49 7.04
EV/Core EBITDA(x) 124.6 35.85 72.01 10.6 14.67 23.25 6.88 -4.96 5.28 11.76 8.43
Interest Earned Growth(%) -69.92 274.84 -41.39 28.94 -50.06 -24.97 -59.3 6.61 1.22 5.55 -2.85
Net Profit Growth 23.14 42.58 -32.07 104.24 -35.21 58.85 -16.1 -387.23 166.34 35.65 -52.73
EPS Growth(%) 0 42.58 -32.07 104.24 -35.22 58.86 -16.1 -387.24 166.34 35.64 -52.72
Interest Coverage(x) % 618.56 405.17 294.66 1934.33 702.52 2361.61 7377.56 0 0 0 22.58

NEIL Industries Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 1.88 1.88 1.88 1.88 1.88 1.88 1.88 1.88 1.88 1.88
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 98.12 98.12 98.12 98.12 98.12 98.12 98.12 98.12 98.12 98.12
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

NEIL Industries News

NEIL Industries Pros & Cons

Pros

  • Stock is trading at 0.2 times its book value
  • Company is almost debt free.

Cons

  • Promoter holding is low: 1.88%.
  • Company has a low return on equity of 3% over the last 3 years.
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