NOIDATOLL share price, P/E, ROE & financials

As of 6 Nov 2026, Noida Toll Bridge Company trades at 2.4× trailing earnings, below the industry P/E of 13.5×, and the shares are 50% below their 52-week high. It earns ROCE of 172%, and sales grew 22% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹43 Cr. It is a small-cap company with a market cap of ₹70 Cr, ranked 11th of 17 Infrastructure Operations companies by market cap; the shares fell 12% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹3.89
Day high: ₹3.89
Day low: ₹3.60
Prev. close: ₹3.85
Volume: 42.5K

Health check

1 good · 1 fair · 3 to check

ReturnsIn line
−11.7% over a year, better than 4 of 7 peers.
Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
GrowthStrong
Sales +21.8% a year over 3 years.
ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
Balance sheetStretched
Negative net worth: liabilities exceed assets.
Red flags3 to check
Negative net worth: liabilities exceed assets.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Infrastructure Operations

16 listed peers. Screen the industry

Small cap

₹70 Cr, #11 of 17 in its industry by size.

Moves with the market

Beta 0.94 vs the NIFTY 50: tracks the market closely.

Key metrics

Last 12 months to Jun 2026: sales ₹44 Cr · profit ₹28 Cr

Market cap: ₹70 Cr; Small cap
P/E: 2.4; Industry 13.5
Price to book: −5.48; Peers 2.12
Dividend yield: 0.00%
ROE: n/a; Peers 18.8%
ROCE: 172.2%; Peers 22.9%
Debt to equity: n/a; Debt ₹43 Cr
EPS (TTM): ₹1.53; Face value ₹10
OPM (TTM): 28.4%; Net margin 64.8%
Sales growth: +8.2%; Latest quarter vs a year ago
Profit growth: +27.5%; Latest quarter vs a year ago
Price to sales: 1.59; EV/EBITDA 4.8

Strengths

Return on capital employed of 172.2%.
Quarterly profit up 27.5% on a year ago.

Risks to check

Negative net worth: liabilities exceed assets.
Net profit is above operating profit, so a one-off gain is likely flattering earnings.
50% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Noida Toll Bridge Company

Noida Toll Bridge Company Limited engages in the development, establishment, construction, operation, and maintenance of Delhi Noida toll bridge on a build-own-operate-transfer basis in India. It also provides space rentals for advertisements and offices. Noida Toll Bridge Company Limited was founded in 1976 and is based in Noida, India.

Headquarters: Noida
Employees: 3
Sector: Industrials
ISIN: INE781B01015
Website: ntbcl.com

Price range

52 weeks

₹2.87₹7.43

Today

₹3.60₹3.89

Avg volume (3M): 1.1 L
1-year return: minus 11.7%
From 52-week high: minus 49.7%

Peers · Infrastructure Operations

Capital-heavy industry columns

Compare with peers Screen the whole industry

Company
IRBIRB Infrastructure Developers	17.02	minus 0.93%	20,557	19.1	13.5	5.8%	43.7%	0.94	−0.4%	minus 23.1%
LCCPROJECTLCC Projects	134.78	plus 0.25%	3,904	13.1	9.0	45.2%	14.0%	0.69	43.1%	minus 20.8%
TECHNOCRAFTechnocraft Ventures	510.30	plus 0.95%	2,021	45.2	29.6	35.1%	18.9%	0.55	24.6%	plus 64.0%
BFUTILITIEBF Utilities	440.75	minus 3.56%	1,660	12.1	2.9	26.4%	66.5%	–	7.7%	minus 35.7%
HILINFRAHighway Infrastructure	72.05	plus 0.53%	517	19.4	19.6	19.4%	2.3%	0.45	10.1%	minus 7.2%
MARKOLINESMarkolines Pavement Technologies	164.28	minus 4.67%	365	13.5	7.4	–	10.2%	0.43	9.2%	plus 4.3%
ATLANTAAATLANTAA	35.16	minus 4.84%	287	–	12.4	3.0%	41.3%	1.48	13.0%	minus 20.5%
NOIDATOLLNoida Toll Bridge Company	3.74	minus 2.86%	70	2.4	2.2	172.2%	28.4%	–	21.8%	minus 11.7%
Median of 7 peers	–	−0.93%	1,660	16.3	12.4	22.9%	18.9%	0.62	10.1%	−20.5%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
10.5	10.5	10.6	11.2	11.4
6.8	7.8	7.6	8.7	7.3
3.7	2.7	3	2.6	4.1
35.5%	25.8%	28.7%	22.8%	36.1%
0.6	1.2	12.7	1.5	1.4
0	–	0	0	0
0.2	0.2	0.2	0.2	0.2
4.1	3.8	15.5	3.8	5.4
0.0%	–	0.3%	−0.5%	0.4%
4.2	3.8	15.4	3.9	5.3
0.22	0.20	0.83	0.21	0.29

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +21.8%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
23.7	20.8	39.6	42.9
–	minus 12.2%	+90.2%	+8.2%
20.7	16.9	26.9	30.3
3	4	12.7	12.5
12.7%	19.0%	32.0%	29.3%
3.1	2.9	3	15.5
0	0	0	0
41.2	38.5	27.4	0.7
–	–	−232	–
−35.1	−31.7	−244	27.3
0.0%	0.0%	0.0%	0.1%
−35.2	−31.7	−244	27.2
-1.89	-1.70	-13.11	1.46

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
186	186	186	186
50	18.2	−226	−199
66.7	66.7	42.9	42.9
79.4	76.4	78.7	76.3
382	348	81.8	107
3.9	2.6	2.2	2.8
0.3	3.3	3.3	3.4
40.5	40.5	34.5	85.4
338	301	41.8	14.9
382	348	81.8	107

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
23.8	−3.9	15.1	37.4
−23.7	3.1	9.4	−38.7
−0	−0	−23.8	−0
0.1	−0.9	0.7	−1.2
−0.1	−0.3	−0.1	−1.4
23.7	−4.2	15	36

Shareholding pattern

Source: NSE filings

26.4%

promoters

Promoters26.37%
Public73.63%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	26.37%	73.63%	0.00
30 Jun 2026	26.37%	73.63%	0.00
31 Mar 2026	26.37%	73.63%	0.00
31 Dec 2025	26.37%	73.63%	0.00
30 Sep 2025	26.37%	73.63%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you