The shares of Nibe Limited (BSE: 535136), a company working in the defence and e-vehicle sectors, are continuously seeing good growth. Although the promoters have sold some of their stake, FIIs are continuously increasing their stake in the company. Additionally, the promoters of the company acquire additional shares in a gems and jewelry company through open offers.
In the last trading session, shares of Nibe Limited closed at Rs 1,677 with an upper circuit of 5%. Nibe Limited’s 52-week high is Rs 1,770 and its 52-week low is Rs 312. The Shares of the company have seen a remarkable surge of 40% in a month, and more than 100% in the last two months, with multibagger returns of 400% over the last 12 months.
FIIs Increases Stake
| Period | Promoters | FIIs | DIIs | Public |
| Mar 2021 | 62.64% | 0.00% | 0.00% | 37.36% |
| Mar 2022 | 62.85% | 0.00% | 0.00% | 37.15% |
| Mar 2023 | 55.32% | 1.42% | 1.63% | 41.63% |
| Jun 2023 | 55.32% | 2.04% | 1.23% | 41.40% |
| Sep 2023 | 55.32% | 3.88% | 0.87% | 39.91% |
| Dec 2023 | 49.96% | 10.43% | 0.78% | 38.83% |
FIIs are taking an interest in this stock and have been buying into it for the last four quarters. Till March 2023, FII’s share in it was 1.42%, which has now increased to 10.43%. FIIs have increased their stake by 6.55% in the last quarter.
The company’s promoters have sold more than 13 percent of their stake in the last five quarters, including a 5.36 percent stake in the last quarter.
If we talk about DIIs, till March 2023 DIIs held 1.63% stock, which has now reduced to 0.78% and public shareholding is 38.83%.
Promoter Acquires Additional Shares in Gem & Jewelry Company
In a notable development, Nibe Ganesh Ramesh, promoter of NIBE Limited, has executed a significant acquisition through an open offer. The acquisition involved the acquisition of 2,39,800 shares representing 19.98% of Ansuni Commercial Limited, engaged in the business of trading in gems and jewelry.
Before this acquisition, Ganesh Ramesh Nibe held 50% shares, Manjusha Ganesh Nibe held 20% shares and Nibe Limited held 5% shares of the same company.
Nibe Limited Shares Performance & Return
Nibe Limited was listed on BSE in Mar 2013 and since its listing, it has delivered quite good returns. This stock doubled in only two months and surged 142.94% in three months, and 191.71% in four months. You can check the tables below to know the performance in detail.
Nibe Ltd. Shares Zoom 400% in Just 1 Year
| Period | Closing | Growth | Returns on ₹1 Lakh |
| 1M | ₹1,208.70 | 38.79% | ₹138,785 |
| 2M | ₹794.40 | 111.17% | ₹211,166 |
| 3M | ₹690.50 | 142.94% | ₹242,940 |
| 4M | ₹575.05 | 191.71% | ₹291,714 |
| 5M | ₹530.35 | 216.30% | ₹316,301 |
| 6M | ₹493.00 | 240.26% | ₹340,264 |
| 7M | ₹454.90 | 268.76% | ₹368,762 |
| 8M | ₹347.95 | 382.11% | ₹482,109 |
| 9M | ₹359.75 | 366.30% | ₹466,296 |
| 10M | ₹359.55 | 366.56% | ₹466,555 |
| 11M | ₹359.90 | 366.10% | ₹466,102 |
| 12M | ₹341.55 | 391.14% | ₹491,143 |
Nibe Ltd’s overall performance over the last 12 months is 391.14% and for investors who invested ₹1 lakh in it 12 months ago, its value has grown to ₹491,143 today.
Nibe Ltd Stock UP 165% in 2024 YTD
| Month | Opening | Closing | Gain/ Fall |
| Jan | ₹634.15 | ₹912.85 | 43.95% |
| Feb | ₹916.50 | ₹1,529.25 | 66.86% |
| Mar | ₹1,605.70 | ₹1,677.50 | 4.47% |
| Total Returns in 2024 | 164.53% | ||
Nibe Ltd’s share price was ₹634.15 in January and today it is trading at ₹1,677.50 in BSE, representing a total gain of 164.53% in 2024 YTD.
₹1 Lakh Became ₹2.77 Crore in 5 Years
In the table below, you can check the company’s Growth (absolute returns) and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 1 lakh, then what is the value of those shares today…
| Period | Growth | CAGR | Returns on ₹1 Lakh |
| 1Y | 391% | 391.14% | ₹4.91 lakh |
| 2Y | 3607% | 508.87% | ₹37.07 lakh |
| 3Y | 7560% | 324.69% | ₹76.6 lakh |
| 4Y | 14411% | 247.08% | ₹1.45 crore |
| 5Y | 27627% | 208.02% | ₹2.77 crore |
| 6Y | 22447% | 146.71% | ₹2.25 crore |
| 7Y | 16443% | 107.47% | ₹1.65 crore |
| 8Y | 20062% | 94.12% | ₹2.02 crore |
| 9Y | 13213% | 72.20% | ₹1.33 crore |
| 10Y | 11882% | 61.38% | ₹1.20 crore |
| MAX | 12171% | 54.87% | ₹1.23 crore |
- If we look at the performance of the last 12 months, it has seen a rise of 391 percent.
- In the last five years, it has increased investors’ money by more than 277 times.
- For investors who had invested Rs 1 lakh in Nibe Ltd’s shares five years ago, the value of those ₹1 lakh worth of shares has increased to ₹2.77 crore today.
- The company’s last five-year stock CAGR growth is 208.02%, ten-year stock CAGR growth is 61.38%, and since the listing is 54.87%.
Nibe Ltd Share Performance (Year-wise)
| Year | Open | Close | Gain/ Fall |
| 2024 | ₹634.15 | ₹1,677.50 | 164.53% |
| 2023 | ₹406.55 | ₹630.20 | 55.01% |
| 2022 | ₹53.65 | ₹400.10 | 645.76% |
| 2021 | ₹15.01 | ₹51.10 | 240.44% |
| 2020 | ₹7.80 | ₹14.33 | 83.72% |
| 2019 | ₹6.05 | ₹8.21 | 35.70% |
| 2018 | ₹6.84 | ₹6.32 | -7.60% |
| 2017 | ₹8.40 | ₹6.84 | -18.57% |
| 2016 | ₹8.00 | ₹8.40 | 5.00% |
| 2015 | ₹9.50 | ₹8.00 | -15.79% |
| 2014 | ₹13.50 | ₹9.60 | -28.89% |
| 2013 | ₹13.67 | ₹14.97 | 9.51% |
About the Company
Established in 2005, Nibe Limited operates in the manufacturing sector, specializing in critical components for defence, electric vehicles, and software development. The company engages in the trading of electronic components, and construction materials, and provides services such as job work and consultancy in technical efforts for construction projects.
Additionally, Nibe Limited acts as a major player in the design, supply, testing, construction, and commissioning of low-voltage and medium-voltage lines including substations on a turnkey basis.
Nibe Limited Fundamentals
| Market Cap | ₹ 2,202 Cr. |
| Current Price | ₹ 1,677 |
| High / Low | ₹ 1,770 / 312 |
| Intrinsic Value | ₹ 249 |
| Book Value | ₹ 62.6 |
| Face Value | ₹ 10 |
| ROCE | 15.9 % |
| ROE | 11.8 % |
| PEG Ratio | 1.14 |
| EPS | ₹ 9.89 |
| P/B Value | 26.8 |
| Dividend Yield | 0.01 % |
| Stock P/E | 180 |
| Industry PE | 69.2 |
| OPM | 11.2 % |
| Quick Ratio | 0.90 |
| Debt | ₹ 30.3 Cr. |
| Debt to equity | 0.37 |
| Current liabilities | ₹ 52.2 Cr. |
| Current assets | ₹ 56.6 Cr. |
| NCAVPS | ₹ 5.66 |
| Return on Assets | 4.59 % |
| Reserves | ₹ 70.3 Cr. |
| Cash Equivalents | ₹ 1.53 Cr. |
| Inventory | ₹ 9.88 Cr. |
Quarter 3 Financial Year 2024 Result
Standalone Figures in Rs. Crores
| Period | Sales | Profit | OPM |
| Dec 2022 | 15.18 | 0.93 | 18% |
| Sep 2023 | 41.18 | 3.36 | 14% |
| Dec 2023 | 62.69 | 5.21 | 11% |
In Q3FY24, the companies’ net sales grew by 312.98% to Rs 62.69 crore compared to Rs 15.18 crore in Q3FY23, and net profit grew by 460.22% to Rs 5.21 crore compared to Rs 0.93 crore in Q3FY23.
Last 10 Years Compounded Sales & Profit Growth
| Period | Sales Growth | Profit Growth |
| 10 Years | 34% | 46% |
| 5 Years | 87% | 157% |
| 3 Years | 318% | – |
| TTM | 277% | 129% |
Return on Equity
| Period | ROE |
| 10 Years: | 3% |
| 5 Years: | 5% |
| 3 Years: | 7% |
| Last Year: | 12% |
Disclaimer: This article is for informational purposes only and should not be considered investment advice.