Nihar Info Global Limited (NIHARINF.BO) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

-12996.4%

-₹754.44

vs ₹5.85 price

Levered DCF

-₹137.21

After debt service

Piotroski score

5 / 9

Average

Altman Z-score

—

Rating

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	8.35×	-1.31×	-1.79×	62×	29.93×	7.79×	13.46×	1,097×
P/B	0.85×	0.79×	0.71×	0.43×	0.89×	0.28×	0.41×	0.88×
P/S	0.27×	0.61×	2.1×	1.08×	1.03×	0.63×	0.57×	1.54×
EV / EBITDA	8.97×	-2.06×	-2.43×	23.5×	20.67×	13.5×	10.63×	134.3×
Gross margin	7.6%	1.4%	0.5%	11.1%	9.0%	17.8%	12.0%	20.2%
Operating margin	4.0%	-43.5%	-111.4%	8.3%	7.4%	17.1%	6.8%	2.9%
Net margin	3.2%	-46.6%	-117.4%	1.7%	3.4%	8.0%	4.2%	0.2%
Current ratio	1.4×	1.17×	2.22×	3.78×	2.27×	2.25×	1.95×	4.3×
Debt / equity	0.36×	0.38×	0.19×	0.11×	0.12×	0.15×	0.13×	0.11×
Interest coverage	5.63×	-20.51×	-15.27×	2.78×	4.48×	6.22×	0×	4.05×
Dividend yield	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Payout ratio	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	10.1%	-60.2%	-39.4%	0.7%	3.0%	3.6%	3.0%	0.1%
Return on invested capital	8.8%	-40.4%	-31.3%	2.3%	5.1%	6.6%	3.5%	1.5%
Return on assets	3.8%	-25.5%	-31.6%	0.6%	2.2%	2.8%	1.7%	0.1%
Free cash flow yield	-36.8%	-0.9%	-3.9%	-14.3%	1.5%	-1.0%	-0.2%	-28.3%
Earnings yield	11.9%	-76.1%	-55.8%	1.5%	3.3%	12.8%	7.3%	0.1%
Enterprise value	₹80.3M	₹68.9M	₹85.1M	₹70.6M	₹111.3M	₹45M	₹55.6M	₹99.9M
Net debt / EBITDA	2.55×	-0.64×	-0.5×	4.52×	2.54×	4.54×	2.44×	14.02×
Cash conversion cycle (days)	92	154	234	363	138	244	435	-1