NSIL share price, P/E, ROE & financials

On 6 Nov 2026, Nalwa Sons Investments was priced at ₹4,882.50, or 43.8× trailing earnings, against an industry P/E of 25.9×, and the shares are 33% below their 52-week high. It earns ROCE of 0.4% and ROE of 0.3%, and sales and net profit fell 10% and 16% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹2,508 Cr, ranked 21st of 69 Asset Management companies by market cap; the shares fell 28% 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: ₹4,916.50
Day high: ₹4,975.00
Day low: ₹4,825.00
Prev. close: ₹4,916.50
Volume: 502

Health check

1 fair · 5 to check

ReturnsBehind
−27.6% over a year, better than 0 of 7 peers.
Price tagPricier
P/E 43.8 vs industry 25.9.
GrowthShrinking
Sales −10.1%, profit −15.7% a year over 3 years.
ProfitabilityWeak
ROCE 0.4% vs peer median 38.5%.
Balance sheetFair
Practically debt-free, Piotroski 4 of 9.
Red flags4 to check
Return on equity is low at 0.3%.

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

Asset Management

68 listed peers. Screen the industry

Small cap

₹2,508 Cr, #21 of 69 in its industry by size.

Defensive

Beta 0.25 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Jun 2026: sales ₹98 Cr · profit ₹55 Cr

Market cap: ₹2,508 Cr; Small cap
P/E: 43.8; Industry 25.9
Price to book: 0.17; Peers 13.19
Dividend yield: 0.00%
ROE: 0.3%; Peers 35.3%
ROCE: 0.4%; Peers 38.5%
Debt to equity: 0.00; Debt ₹2.91 Cr
EPS (TTM): ₹111.43; Face value ₹10
OPM (TTM): 87.5%; Net margin 56.3%
Sales growth: −9.0%; Latest quarter vs a year ago
Profit growth: +3.4%; Latest quarter vs a year ago
Price to sales: 25.48; EV/EBITDA −178.4

Strengths

Practically debt-free.
Net margin of 56.3%.
Positive operating cash flow in each of the last 4 years.

Risks to check

Return on equity is low at 0.3%.
Quarterly sales down 9.0% on a year ago.
P/E of 43.8 against an industry P/E of 25.9.
33% below its 52-week high.

Derived automatically from reported figures. Not a recommendation.

About Nalwa Sons Investments

Nalwa Sons Investments Limited, a non-banking financial company, engages in the investment and financing business in India. The company operates through the Investment & Finance; and Trading of Goods segments. The company holds investments in equity shares of steel manufacturing companies of O.P. Jindal Group. The company was formerly known as Jindal Strips Limited and changed its name to Nalwa Sons Investments Limited. The company was incorporated in…

Headquarters: New Delhi
Employees: 4
Sector: Financial Services
ISIN: INE023A01030
Website: nalwasons.com

Price range

52 weeks

₹4,700.00₹7,290.00

Today

₹4,825.00₹4,975.00

Avg volume (3M): 2K
1-year return: minus 27.6%
From 52-week high: minus 33.0%

Peers · Asset Management

Compare with peers Screen the whole industry

Company
JIOFINJio Financial Services	231.20	plus 0.69%	1,58,445	87.9	1.19	1.7%	1.3%	75.8%	431.5%	268.2%	0.26%	minus 23.9%
ICICIAMCICICI Prudential Asset Management Company	2,935.80	minus 1.45%	1,45,104	41.1	27.16	98.3%	76.2%	74.1%	28.9%	29.6%	1.44%	plus 13.5%
BAJAJHLDNGBajaj Holdings & Investment	11,044.00	plus 1.80%	1,22,913	13.2	1.67	–	11.6%	78.8%	19.0%	25.7%	1.18%	minus 10.3%
HDFCAMCHDFC Asset Management Company	2,649.80	plus 0.37%	1,13,701	38.3	13.19	38.5%	36.4%	81.4%	23.9%	26.2%	2.04%	minus 2.3%
SBIFUNDSSBI Funds Management	499.55	minus 1.30%	1,01,750	33.3	13.47	–	40.4%	78.5%	–	–	0.00%	minus 18.1%
NAM-INDIANippon Life India Asset Management	1,065.20	minus 0.37%	68,177	42.8	14.29	40.0%	35.3%	67.3%	26.1%	28.3%	2.07%	plus 21.3%
360ONE360 ONE WAM	1,145.00	plus 0.36%	49,107	38.7	4.50	13.5%	12.7%	47.3%	24.0%	22.7%	1.18%	plus 5.7%
NSILNalwa Sons Investments	4,882.50	minus 0.69%	2,508	43.8	0.17	0.4%	0.3%	98.3%	−10.1%	−15.7%	0.00%	minus 27.6%
Median of 7 peers	–	0.36%	1,13,701	38.7	13.19	38.5%	35.3%	75.8%	25.0%	27.2%	1.18%	−2.3%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
33.9	22	9.3	25.5	30.9
1.2	0.6	−2.2	15.6	−2.9
32.8	21.4	11.5	9.9	33.8
96.6%	97.3%	124.1%	38.9%	109.5%
0	1.6	−0.3	−0.4	0.1
–	0.2	0	0.2	0
0	0	0	0	0
–	–	−0	0	–
32.8	22.8	11.2	9.3	33.8
21.3%	21.6%	33.1%	41.0%	21.1%
25.8	15.7	7.5	5.5	26.7
50.20	34.79	14.59	10.71	51.96

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: −10.1%
Profit CAGR 3Y: −15.7%
EPS CAGR 3Y: −15.1%
ROE: 0.3%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
132	81.8	109	95.8
–	minus 37.9%	+32.9%	minus 11.9%
7.7	8.5	46.6	20.7
124	73.3	62.2	75.1
94.2%	89.6%	57.2%	78.4%
1.1	2.4	2.9	1.4
0.9	0.2	0	0.4
0	0	0	0
−0.1	−0.1	−0	−0
124	75.5	65	76.2
25.5%	25.5%	29.3%	25.6%
90.9	56.3	46.7	54.5
–	minus 38.1%	minus 17.0%	+16.7%
180.26	109.59	89.54	110.37

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
5.1	5.1	5.1	5.1
7,988	12,600	16,678	15,168
–	–	–	2.9
1,448	1,951	2,264	2,009
9,442	14,556	18,947	17,184
0.1	0	0	0
8,891	13,791	18,150	16,276
74.9	104	153	198
476	660	645	711
9,442	14,556	18,947	17,184

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
72.2	41.1	61.7	49.1
−67.7	−29.7	−75.4	−49.3
−0.9	−0.2	−0	2.5
3.6	11.3	−13.7	2.3
–	–	−0	−0
72.2	41.1	61.7	49.1

Shareholding pattern

Source: NSE filings

55.6%

promoters

Promoters55.62%
Public44.38%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	55.62%	44.38%	0.00
30 Jun 2026	55.62%	44.38%	0.00
31 Mar 2026	55.62%	44.38%	0.00
31 Dec 2025	55.62%	44.38%	0.00
30 Sep 2025	55.62%	44.38%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you