Nirlon

₹635.65As of Sun 8 Nov 2026, 12:00 UTC

NSE:NIRLONReal Estate

Country India

P/FFO 11.85

TSR 10Y CAGR —

Div yield 4.72%

ROE —

Real Estate Services

Beta (5Y) 0.17

P/FFO TTM 14.27

TSR TTM —

Mkt cap ₹56.95B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹676

6.29%

(23.71%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

6.692

Revenue₹B

—

3.839

5.726

6.031

6.361

6.692

7.493

14.90%

5.20

Revenue growth%

—

49.15

5.32

5.46

5.20

11.97

5.39

—

100.00

Gross margin%

—

100.00

69.68

Operating margin%

—

58.21

62.11

69.79

70.18

69.68

69.80

69.68

51.70

Net margin%

—

28.86

27.58

34.08

34.30

51.70

51.66

34.08

14.27

P/FFO (avg)x

—

12.94

—

12.29

EV/EBITx

—

10.95

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

100

—

Return on assets%

—

100

44.56

FFO per sh₹

—

20.67

28.93

29.07

30.40

44.56

49.12

21.16%

—

46.57

FFO growth%

—

39.93

0.49

4.57

46.57

10.25

22.25

—

Bookvalue per sh₹

—

FCF per share₹

—

30.00

Dividend per sh₹

—

26.00

30.00

31.34

3.64%

—

4.72

Div yield (avg)%

—

4.93

—

67.33

FFO payout%

—

125.77

89.88

89.44

85.53

67.33

63.80

89.44

90.12

Shares (diluted)M

—

90.12

◌90.12

—

Buyback yield%

—

◌—

—

D/E ratiox

—

57.28

Enterprise value₹B

—

57.28

—

LT debt₹M

—

Peers (US$610.2M)

Cap (US$)

WeWork India Managemen…

1.006B

97.56x

Smartworks Coworking…

627.8M

104.1x

IndiQube Spaces Limited

424.4M

—

Ki-Star Real Estate…

620.9M

5.503x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

4.345

4.213

Own earn%

—

Sh yield%

4.72

—

Owners

Insiders/Inst%

8.28

6.13

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

58–70

$1 testx

—

Incr. ROIC%

—

Nirlon Limited engages in the development and management of an industrial/information technology park. The company’s primary business activity is the development, management, and operation of Nirlon Knowledge Park (NKP), an approximately 23-acre campus located in Goregaon (East), Mumbai. The company was incorporated in 1958 and is based in Mumbai, India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹6.692B

14.90%

1.00×

Operating expenses

₹2.029B

6.05%

0.73×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m