NIBE Ltd Share Price – NSE  / BSE

Aerospace & Defence, Small Cap

Nibe Space, a subsidiary of NIBE has received letter of award amounting to Rs. 12.58 crore (inclusive of all taxes and duties) from Maharashtra State Electricity Distribution Co. (MSEDCL), a Government of Maharashtra undertaking for the execution of the project titled GIS Survey, mapping & data preparation of MSEDCL's Distribution Network.

NIBE announced that Ganesh Nibe has acquired 15,20,000 shares of Nibe Aeronautics (NAL) held by Nibe Defence and Aerospace (NDAL), a wholly owned subisidiary of NIBE. Consequently with effect from 09 April 2026, NAL has ceased to be a subsidiary of NDAL and, accordingly, also ceases to be a step-down subsidiary of the company.

Revenue from operations fell 60.3% year-on-year (YoY) to Rs 59.08 crore in the quarter ended 31 December 2025.

The company reported a pre-tax loss of Rs 21.81 crore in Q3 FY26 as compared to a profit before tax of Rs 1.91 crore reported in the same quarter last year.

Total expenses fell 45.15% YoY to Rs 81.39 crore during the quarter. The cost of materials consumed stood at Rs 13.15 crore (up 40.49% YoY), while employee benefit expenses fell 11.02% YoY to Rs 6.70 crore during the period under review.

NIBE operates in manufacturing critical components for the defence sector, electric vehicles (E-Vehicles), and software development. The company is engaged in the fabrication and machining of components used in the defence sector, as well as the assembly of components for E-vehicles.

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Net loss of NIBE reported to Rs 17.06 crore in the quarter ended December 2025 as against net profit of Rs 2.07 crore during the previous quarter ended December 2024. Sales declined 60.26% to Rs 59.08 crore in the quarter ended December 2025 as against Rs 148.68 crore during the previous quarter ended December 2024.

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