Nahar Capital and Financial Services (NAHARCAP) had a P/E of 3.2× on 6 Nov 2026, below the industry P/E of 18.4×, and the shares are 23% below their 52-week high. Its ROCE of 4.5% is the lowest among the 7 largest Capital Markets peers, and sales grew 3.4% a year over 3 years while net profit fell 16%, though net profit is above operating profit, which points to a one-off gain. It has almost no debt, and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹378 Cr, ranked 48th of 219 Capital Markets companies by market cap; the shares fell 20% over the past year.
- ₹229.04
- ₹231.00
- ₹225.90
- ₹229.04
- 459
Health check
- ReturnsBehind
−20.3% over a year, better than 0 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthSlow
Sales +3.4%, profit −16.0% a year over 3 years.
- ProfitabilityWeak
ROCE 4.5% vs peer median 22.1%.
- Balance sheetFair
Practically debt-free, Piotroski 5 of 9.
- Red flags2 to check
Return on equity is low at 7.3%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹378 Cr
- Small cap
- P/E
- 3.2
- Industry 18.4
- Price to book
- 0.21
- Peers 4.53
- Dividend yield
- 0.66%
- ROE
- 7.3%
- Peers 18.9%
- ROCE
- 4.5%
- Peers 22.1%
- Debt to equity
- 0.00
- Debt ₹7.98 Cr
- EPS (TTM)
- ₹71.11
- Face value ₹5
- OPM (TTM)
- 134.3%
- Net margin 254.9%
- Sales growth
- +44.5%
- Latest quarter vs a year ago
- Profit growth
- +487.4%
- Latest quarter vs a year ago
- Price to sales
- 7.66
- EV/EBITDA 10.6
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 487.4% on a year ago.
- Quarterly sales up 44.5% on a year ago.
Risks to check
- Return on equity is low at 7.3%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
About Nahar Capital and Financial Services
Nahar Capital and Financial Services Limited operates as a non-deposit-taking, non-banking financial company in India. It operates through two segments: Investment/Financial activities and Real Estate segment. The company invests in various financial securities, including equity, bonds, debentures, commodities, term deposits, stock, and securities of various kinds issued by companies, banks, mutual funds, and other authorities, as well as central, state,…
- Headquarters
- Ludhiana
- Employees
- 18
- Sector
- Financial Services
- ISIN
- INE049I01012
- Website
- owmnahar.com
Price range
- Avg volume (3M)
- 2.8K
- 1-year return
- minus 20.3%
- From 52-week high
- minus 22.9%
Peers · Capital Markets
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GROWWBillionbrains Garage Ventures | 215.08 | minus 3.93% | 1,33,585 | 50.3 | 13.78 | 29.3% | 21.6% | 62.9% | – | – | 0.00% | plus 63.8% |
| MOTILALOFSMotilal Oswal Financial Services | 1,102.00 | plus 0.64% | 66,448 | 25.0 | 4.27 | 18.1% | 18.9% | 52.4% | 29.0% | 26.1% | 0.54% | plus 11.1% |
| AIILAuthum Investment & Infrastructure | 570.05 | plus 0.08% | 48,410 | 27.6 | 3.29 | 15.2% | 13.1% | 74.0% | 44.4% | −23.5% | 0.00% | minus 0.7% |
| ANGELONEAngel One | 331.00 | plus 1.49% | 30,290 | 26.8 | 4.53 | 26.9% | 18.4% | 39.7% | 20.3% | 0.9% | 1.95% | plus 29.5% |
| CDSLCentral Depository Services (India) | 1,331.40 | minus 0.19% | 27,826 | 55.1 | 14.03 | 29.7% | 26.4% | 51.3% | 27.3% | 18.2% | 0.96% | minus 13.3% |
| CHOICEINChoice International | 748.20 | minus 0.09% | 16,668 | 62.9 | 8.90 | 17.6% | 15.8% | 35.3% | 42.2% | 53.6% | 0.00% | minus 7.4% |
| IIFLCAPSIIFL Capital Services | 349.80 | plus 0.13% | 13,036 | 18.8 | 3.15 | 22.1% | 19.5% | 36.1% | 19.9% | 30.9% | 0.86% | plus 4.1% |
| NAHARCAPNahar Capital and Financial Services | 225.93 | minus 1.36% | 378 | 3.2 | 0.21 | 4.5% | 7.3% | 72.9% | 3.4% | −16.0% | 0.66% | minus 20.3% |
| Median of 7 peers | – | 0.08% | 30,290 | 27.6 | 4.53 | 22.1% | 18.9% | 51.3% | 28.2% | 22.2% | 0.54% | 4.1% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 4.4 | 9.5 | 4.8 | 7.9 | 6.3 | |
| −7.4 | −2.2 | −6.4 | 7.3 | −8.5 | |
| 11.8 | 11.7 | 11.2 | 0.5 | 14.8 | |
| 269.8% | 123.0% | 235.3% | 6.8% | 233.9% | |
| 15 | 6.5 | 3.7 | 20.8 | 36.3 | |
| 0.2 | 0.2 | 0.1 | 0.1 | 0.2 | |
| 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | |
| 26.4 | 17.7 | 14.6 | 20.8 | 50.5 | |
| 56.5% | −15.4% | 10.1% | 12.5% | −33.5% | |
| 11.5 | 20.4 | 13.1 | 18.2 | 67.4 | |
| 6.86 | 12.17 | 7.81 | 10.86 | 40.27 |
Profit & loss
- Sales CAGR 3Y
- +3.4%
- Profit CAGR 3Y
- −16.0%
- EPS CAGR 3Y
- −16.0%
- ROE
- 7.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 24 | 22.4 | 24.7 | 26.5 | |
| – | minus 6.8% | +10.6% | +7.3% | |
| −1.1 | 6.2 | −12 | −8.7 | |
| 25.1 | 16.1 | 36.7 | 35.3 | |
| 104.6% | 72.2% | 148.5% | 132.9% | |
| 69.3 | 0 | 23.2 | 46 | |
| 0.1 | 0.1 | 0.5 | 0.7 | |
| 1 | 1 | 1.1 | 1.2 | |
| 93.2 | 15 | 58.4 | 79.4 | |
| −14.5% | 21.3% | 14.7% | 20.5% | |
| 107 | 11.8 | 49.8 | 63.1 | |
| – | minus 89.0% | +323.4% | +26.8% | |
| 63.73 | 7.03 | 29.75 | 37.71 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8.4 | 8.4 | 8.4 | 8.4 | |
| 1,520 | 1,533 | 1,556 | 1,599 | |
| – | 4.3 | 5.4 | 9.7 | |
| 152 | 153 | 157 | 165 | |
| 1,681 | 1,700 | 1,726 | 1,782 | |
| 0 | 7.2 | 16.5 | 8 | |
| 0 | 6.9 | 16.3 | 7.8 | |
| 1,559 | 1,567 | 1,609 | 1,681 | |
| 59.8 | 54.8 | 0.9 | 0.5 | |
| 61.8 | 63.3 | 83.2 | 84.8 | |
| 1,681 | 1,700 | 1,726 | 1,782 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −22.9 | −13.3 | −0.2 | 10.6 | |
| 25.5 | 14.9 | 3.3 | −7.6 | |
| −2.6 | −2.7 | −3 | −3.2 | |
| −0.1 | −1 | 0.1 | −0.1 | |
| – | −7.1 | −9.4 | −8.8 | |
| −22.9 | −20.4 | −9.5 | 1.8 | |
| −2.5 | −2.5 | −2.5 | −2.5 |
Shareholding pattern
- Promoters72.53%
- Public27.47%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 72.53% | 27.47% | 0.00 | |
| 30 Jun 2026 | 72.53% | 27.47% | 0.00 | |
| 31 Mar 2026 | 72.53% | 27.47% | plus 0.33 | |
| 31 Dec 2025 | 72.20% | 27.80% | 0.00 | |
| 30 Sep 2025 | 72.20% | 27.80% | – |
Major shareholders
Filings & events
News
No recent news coverage found.