Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹27 Cr.
Stock P/E
64.3
P/B
0.9
Current Price
₹698.5
Book Value
₹ 803.7
Face Value
10
52W High
₹953.3
52W Low
₹ 0
Dividend Yield
0%

Nirav Commercials Overview

Business

Nirav Commercials Ltd. operates in the Aluminium & Aluminium Products sector in India. Based on its sector classification, the company is primarily involved in the trading, distribution, or potentially light manufacturing/processing of aluminium and its related products. Its core business model likely revolves around sourcing aluminium products and supplying them to various industrial or commercial clients, generating revenue through sales margins.

Revenue Mix

Specific information regarding key business segments or a detailed revenue mix for Nirav Commercials Ltd. is not publicly available. The company is primarily categorized under a single industry segment: Aluminium & Aluminium Products.

Industry

The Aluminium & Aluminium Products industry in India is a foundational sector, supporting various downstream industries like construction, automotive, packaging, electrical, and consumer durables. It is often cyclical and commodity-driven, sensitive to global aluminium prices, raw material costs, and overall economic growth. Without specific market share data or production capacity details, Nirav Commercials Ltd.'s precise positioning relative to larger integrated players or niche competitors is not discernible. It likely operates as a smaller player, potentially focused on specific regional markets or product types within the broader aluminium value chain.

MOAT

Based solely on the provided information, Nirav Commercials Ltd. does not exhibit clear, durable competitive advantages typically associated with a "moat" (e.g., strong brand recognition, proprietary technology, vast economies of scale, or high switching costs). Companies in this commodity-oriented sector often compete on price, operational efficiency, supply chain management, customer relationships, and geographic reach. Any advantage it possesses would likely stem from efficient procurement, effective distribution networks, or established client relationships rather than a proprietary edge.

Growth Drivers

Infrastructure Development: Government initiatives and investments in infrastructure (roads, railways, smart cities) drive demand for aluminium in construction and related applications.

Automotive Sector Growth: Increasing vehicle production and the trend towards lightweighting in automobiles boost demand for aluminium components.

Urbanization and Industrialization: Growing urban populations and industrial expansion increase overall consumption of aluminium products for various uses.

Diversification of Product Offerings: Expanding into new aluminium product categories or value-added processing could open new markets.

Export Opportunities: Tapping into international markets for aluminium products could provide additional revenue streams.

Risks

Commodity Price Volatility: Fluctuations in global aluminium prices directly impact raw material costs and sales realizations, affecting profitability.

Economic Downturns: A slowdown in the Indian or global economy can reduce demand from end-user industries, impacting sales volumes.

Intense Competition: The sector is competitive with numerous domestic and international players, leading to pricing pressure.

Raw Material Availability & Cost: Dependence on a consistent supply of primary aluminium or scrap at competitive prices is crucial.

Regulatory Changes: Changes in environmental regulations, import/export duties, or trade policies could affect operations and profitability.

Supply Chain Disruptions: Issues in logistics, transportation, or raw material sourcing can impact operational efficiency.

Management & Ownership

Specific details regarding the promoters, management team's experience, or detailed ownership structure (e.g., breakdown between promoter holding, institutional, and public) are not provided. Without this information, a qualitative assessment of management quality or governance structure cannot be made.

Outlook

Nirav Commercials Ltd. operates within a critical industrial sector that is poised to benefit from India's long-term economic growth, infrastructure push, and rising industrialization. The growing demand from key end-user segments like automotive and construction provides a positive demand backdrop. However, the company faces inherent challenges associated with a commodity-driven business, including price volatility, intense competition, and sensitivity to economic cycles. Its future performance will largely depend on its ability to efficiently manage costs, navigate market fluctuations, maintain robust supply chains, and build strong customer relationships in a competitive landscape.

Nirav Commercials Share Price

Live · BSE · Inception: 1985
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Standalone · annual

Nirav Commercials Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 3 2 2 3 4 3 2 2 7 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 3 2 2 4 4 3 2 2 7 0
Total Expenditure 4 2 2 4 4 3 2 2 6 0
Operating Profit -2 0 0 0 0 0 0 -0 1 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -2 0 -0 -0 0 -0 -0 -0 1 0
Provision for Tax -0 0 0 -0 0 -0 -0 -0 0 -0
Profit After Tax -2 0 -0 -0 0 -0 0 -0 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -2 0 -0 -0 0 -0 0 -0 1 0
Adjusted Earnings Per Share -48.2 0.8 -0.5 -3.6 5.1 -2.3 2.1 -4.9 15.6 2.8

Nirav Commercials Profit & Loss

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 7 12 6 5 4 5 11 10 11 10 13 11
Other Income 0 0 9 1 1 10 1 1 1 1 1 0
Total Income 7 12 15 6 5 15 12 11 11 11 13 11
Total Expenditure 7 11 6 6 5 6 11 10 11 10 13 10
Operating Profit 0 1 8 0 0 9 1 1 1 0 0 1
Interest 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
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 1 8 0 0 9 1 1 0 0 0 1
Provision for Tax 0 0 2 -0 0 0 -1 0 0 -0 -0 0
Profit After Tax 0 0 7 0 0 9 1 1 0 0 0 1
Adjustments 0 0 0 0 0 0 0 -0 -0 0 0 0
Profit After Adjustments 0 0 7 0 0 9 2 1 0 0 0 1
Adjusted Earnings Per Share 4.3 10.2 167.5 3.9 0.9 236.8 36.7 17.1 8.2 1.1 10.9 15.6

Nirav Commercials Balance Sheet

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 10 11 17 18 17 27 29 29 30 30 31
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 1 0
Other Non-Current Liabilities -0 -0 -0 -0 -0 0 0 0 0 0 0
Total Current Liabilities 1 2 2 2 1 1 1 2 2 2 0
Total Liabilities 11 13 19 19 19 28 30 31 32 34 32
Fixed Assets 0 0 0 0 0 0 0 0 1 1 0
Other Non-Current Assets 4 4 4 4 4 1 14 12 24 26 26
Total Current Assets 7 8 15 15 15 26 16 19 7 7 5
Total Assets 11 13 19 19 19 28 30 31 32 34 32

Nirav Commercials Cash Flow

#(Fig in Cr.) Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 0 0 0 0 0 0 0 0 2 0 0
Cash Flow from Operating Activities -0 -0 -0 -0 -10 -11 14 4 4 -0 -3
Cash Flow from Investing Activities 0 0 0 0 9 11 -14 -3 -6 -1 -1
Cash Flow from Financing Activities 0 0 0 0 1 1 1 0 1 1 4
Net Cash Inflow / Outflow -0 0 -0 0 -0 -0 0 1 -2 -0 -0
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 2 0 0 0

Nirav Commercials Ratios

# Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 4.31 10.18 167.5 3.91 0.94 236.8 36.74 17.11 8.18 1.11 10.85
CEPS(Rs) 5.82 11.35 168.53 5.25 2.16 237.95 37.93 18.19 11.26 4.75 14.61
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 265.48 275.66 443.16 447.08 445.35 682.47 727.67 743.03 762.02 777.41 800.89
Core EBITDA Margin(%) -1.91 3.75 -3.9 -12.39 -32.22 -8.36 -0.38 0.62 -1.47 -4.25 -1.08
EBIT Margin(%) 2.99 5.95 133.76 3.11 1.37 177.63 6.43 9.51 5.02 2.84 4.81
Pre Tax Margin(%) 2.83 4.52 133.51 2.9 1.06 177.42 6.23 9.08 3.7 0.28 2.8
PAT Margin (%) 2.34 3.37 106.77 2.94 0.99 176.61 12.99 6.98 3.05 0.45 3.3
Cash Profit Margin (%) 3.16 3.76 107.42 3.95 2.27 177.47 13.41 7.41 4.2 1.92 4.44
ROA(%) 1.54 3.36 41.49 0.81 0.2 40.14 5.01 2.19 1.02 0.13 1.3
ROE(%) 1.64 3.76 46.6 0.88 0.21 41.99 5.21 2.33 1.09 0.14 1.38
ROCE(%) 2.07 6.62 58.39 0.93 0.29 42.24 2.58 3.17 1.79 0.9 1.98
Receivable days 59.47 66.76 131.38 77.75 83.14 77.68 42.06 64.89 58.13 50.13 0
Inventory Days 114.46 72.67 160.13 195.52 270.15 156.21 63.58 86.9 80.72 90.96 0
Payable days 17.9 30.13 109.87 98.5 77.89 16 6.12 37.59 33.57 18.09 0
PER(x) 25.92 22.97 1.37 60.62 0 1.49 10.67 27.6 79.21 773.59 59.57
Price/Book(x) 0.42 0.85 0.52 0.53 0 0.52 0.54 0.64 0.85 1.1 0.81
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.62 0.77 1.46 1.71 0.02 2.6 1.36 1.74 2.41 3.53 1.96
EV/Core EBITDA(x) 15.93 11.97 1.07 41.56 0.74 1.46 19.87 17.53 39.1 82.01 57.7
Net Sales Growth(%) -20.84 65.99 -48.15 -14.25 -28.56 41.22 110.98 -13.28 9.42 -7.56 32.52
EBIT Growth(%) -42.18 226.53 1066.23 -98.03 -68.52 0 -92.36 28.21 -42.21 -47.76 124.7
PAT Growth(%) -37.9 136.09 1544.84 -97.66 -75.96 0 -84.48 -53.43 -52.21 -86.43 878.16
EPS Growth(%) -37.9 136.09 1544.84 -97.66 -75.96 0 -84.48 -53.43 -52.21 -86.43 878.16
Debt/Equity(x) 0.01 0 0 0 0 0 0 0 0.01 0.03 0
Current Ratio(x) 9.1 4.4 9.05 9.74 11.52 35.09 10.92 9 4.21 3.14 33.71
Quick Ratio(x) 6.16 3 7.34 7.96 9.38 32.7 9.5 7.8 2.86 2.39 33.71
Interest Cover(x) 17.69 4.15 526.32 14.96 4.35 826.22 31.84 22.2 3.79 1.11 2.39
Total Debt/Mcap(x) 0.02 0 0 0 0 0 0 0 0.01 0.02 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +30% +9% +21% +6%
Operating Profit CAGR — -100% -100% —
PAT CAGR — -100% -100% —
Share Price CAGR +3% +15% +6% +13%
ROE Average +1% +1% +2% +10%
ROCE Average +2% +2% +2% +11%

Nirav Commercials Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 51.95 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 48.05 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 51.9551.9551.9551.9551.9551.9551.9551.9551.9551.95
FII 0000000000
DII 0000000000
Public 48.0548.0548.0548.0548.0548.0548.0548.0548.0548.05
Others 0000000000
Total 100100100100100100100100100100

Nirav Commercials Peer Comparison

Aluminium & Aluminium Products Edit Columns

Nirav Commercials Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Nirav Commercials Pros & Cons

Pros

  • Stock is trading at 0.9 times its book value
  • Debtor days have improved from 18.09 to 0days.
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 1% over the last 3 years.
  • The company has delivered a poor profit growth of -100% over past five years.
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