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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Nahar Capital and Financial Services Limited is a non-deposit accepting non-banking financial company. The Company is engaged in investment/financial activities. Its segments include Investment/Financial Activity and Real Estate Activity. The Investment/Financial Activity…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, stagnant business, reasonably priced.
Nahar Capital is scored on the nbfc / financials framework.
Over the last 3 years revenue compounded at 3%/yr and profit at -16%/yr. Book value has been broadly flat (1.7%/yr). Return on equity is a weak 7.1%. In the latest quarter profit fell 60% versus the prior quarter.
At 6× earnings, the stock sits at the 30th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-20%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 2.99 | 11.61 | better |
| P/B | 0.21 | — | — |
| EV/EBITDA | 2.71 | 13.86 | better |
| ROE | 7.08 | — | — |
| ROCE | 7.98 | — | — |
| ROA | 6.48 | — | — |
| Quick Ratio | 0.24 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Bajaj Finance | 30.6 | 5.5 | 17.6% |
| Bajaj Finserv | 13.6 | 3.5 | 12.7% |
| Shriram Finance | 17.8 | 2.0 | 11.4% |
Not applicable for this sector.
3% CAGR — growing but slowly.
Revenue is outpacing profit (3% vs -16%) — costs are rising faster than the top line.
ROE at 4% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
-16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 0.2× PAT — reported profit isn't translating into cash, raising earnings quality questions. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 7% sequentially — momentum is building. Wide quarterly swings (53% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 55% above earlier ones.
Profit fell 60% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (277% → 271%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 72.5% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.