Debut Plus

₹642.65

■ +0 +0.00%

17 Jul 2026

BSE Listed

Nirav Commercials Ltd. (512425)

Volume: 0Avg Vol 1W: 60Avg Vol 1M: 3952W Range:₹551₹953.3
BSE www.associatedgroup.com/NCL
Key Ratios
Checked just now
Market Cap₹25 Cr
Current Price₹642.65
Previous Close₹642.65
High / Low (52w)₹953.3 / ₹551
Volume0
Avg Vol (1W)60
Avg Vol (1M)39
Stock P/E526.76
Book Value₹804.94
Dividend Yield0%
ROE28.67%
ROA129.42%
Revenue (TTM)—
Revenue Growth—
Profit Margin318.08%
Total Debt—
Shares Outstanding0 Cr
Face Value—
EPS (TTM)₹1.22
P/B0.8
Debt / Equity0.01
50 DMA₹743.36
200 DMA₹707.6
Day change+0.00%
Price Chart
₹642.65▼ 14.54% · 1Y
₹908₹563275
2025-07-21
2026-07-17

20-day avg volume: 42 shares

Pros
  • Healthy return on equity of 28.7%.
  • Company is almost debt-free.
  • Revenue grew 28% YoY.
  • Net profit is growing year over year.
  • Stock trades below its book value.
Cons
  • Stock trades at a high P/E of 527.
Quarterly Results
MetricJun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Revenue₹2 Cr₹2 Cr₹3 Cr₹4 Cr₹3 Cr₹2 Cr₹2 Cr₹6 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹6 Cr₹5 Cr₹15 Cr₹12 Cr₹11 Cr₹11 Cr₹11 Cr₹13 Cr
EBITDA₹0 Cr₹0 Cr₹9 Cr₹1 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹9 Cr₹1 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr
EPS3.910.94236.836.7417.118.181.1110.85
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹19 Cr₹19 Cr₹28 Cr₹30 Cr₹31 Cr₹32 Cr₹34 Cr₹32 Cr
Total Liabilities₹2 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹3 Cr₹0 Cr
Equity₹18 Cr₹17 Cr₹27 Cr₹29 Cr₹29 Cr₹30 Cr₹30 Cr₹31 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹-11 Cr₹14 Cr₹4 Cr₹4 Cr₹0 Cr₹-3 Cr
Investing₹11 Cr₹-14 Cr₹-3 Cr₹-6 Cr₹-1 Cr₹-1 Cr
Financing₹1 Cr₹1 Cr₹0 Cr₹1 Cr₹1 Cr₹4 Cr
Free Cash Flow₹-11 Cr₹14 Cr₹4 Cr₹4 Cr₹0 Cr₹-3 Cr
Shareholding
Promoter 51.95% Institutions 0% Public 48.05%
Efficiency & Working Capital
ROCE0.9%
Interest Coverage1
Dividend Payout—
Debtor Days0 d
Inventory Days0 d
Payable Days0 d
Cash Conversion Cycle0 d
Working Capital Days0 d
Shareholding Details

As of 2026-06-30

Promoter51.9%
FII0%
DII0%
Institutions0%
Public48.1%
Promoter Pledge0%
No. of Shareholders1,266
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Promoters51.9%51.9%51.9%51.9%51.9%51.9%51.9%51.9%51.9%51.9%51.9%51.9%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public48.1%48.1%48.1%48.1%48.1%48.1%48.1%48.1%48.1%48.1%48.1%48.1%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,3191,3371,3441,3501,3121,3171,3061,3071,3011,2861,2731,266
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Raghav DagaShareholding of Promoter and Promoter Group14.2%55,603
Shailesh DagaShareholding of Promoter and Promoter Group12.8%50,343
Judicious Consultants Pvt. Ltd.Public Shareholding9.6%37,540
Dynavent Airsystems Pvt. Ltd.Shareholding of Promoter and Promoter Group8.3%32,460
Associated Aluminium Products Pvt LtdShareholding of Promoter and Promoter Group7.1%27,649
Ekta Exportronics LlpPublic Shareholding4.7%18,599
Daga Rubber Works Pvt LtdShareholding of Promoter and Promoter Group4.1%16,060
Associated Non-ferrous Metals Pvt LtdShareholding of Promoter and Promoter Group4.1%16,060
Janki Textiles & Inds. Ltd.Public Shareholding4.1%16,000
Kadambini Udyog LimitedPublic Shareholding3.8%14,800
Kandoi Securities Pvt LtdPublic Shareholding3.1%12,000
Gemco Engineering Inds. Ltd.Public Shareholding2.6%10,200
Panchmukhi Properties LimitedPublic Shareholding2.6%9,992
Luv-kush Projects LimitedPublic Shareholding2.5%9,800
Prachi Chemical & Inds. Ltd.Public Shareholding2.2%8,800
Arena Textiles & Inds. Ltd.Public Shareholding2%8,000
Bhaskar Chemical & Inds. Ltd.Public Shareholding1.5%6,000
Rashmi DagaShareholding of Promoter and Promoter Group1.3%5,260
Anjana Projects LimitedPublic Shareholding1%4,000
Shubhmangal Portfolio Pvt LtdShareholding of Promoter and Promoter Group0%140
Daga Capital Management Pvt LtdShareholding of Promoter and Promoter Group0%60
Lalit Kumar DagaShareholding of Promoter and Promoter Group0%0
L K Daga & Sons HufShareholding of Promoter and Promoter Group0%0
Lalit Raghav DagaShareholding of Promoter and Promoter Group0%0
Lalit Shailesh DagaShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
L K Daga & Sons Huf00%2026-06-30
Lalit Raghav Daga00%2026-06-30
Lalit Shailesh Daga00%2026-06-30
Rashmi Daga00%2026-06-30
Lalit Kumar Daga00%2026-06-30
Raghav Daga00%2026-06-30
Sheela Daga00%2026-06-30
Shailesh Daga00%2026-06-30
Associated Non-ferrous Metals Pvt Ltd00%2026-06-30
Dynavent Airsystems Pvt. Ltd.00%2026-06-30
Daga Rubber Works Pvt Ltd00%2026-06-30
Daga Capital Management Pvt Ltd00%2026-06-30
Board of Directors
NameDesignationYear
Lalit Kumar DagaChairman & Non Executive Dir.2026
Raghav DagaExecutive Director & MD2026
Navin ShahIndependent Non Exe. Director2026
Santosh MundhraIndependent Non Exe. Director2026
AMEY ASHOK BORKARCompany Sec. & Compli. Officer2026
Segments — Product
SegmentRevenueShare
Manufacturing₹10 Cr100%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10200
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
202600014849
202600004747
2026000111
Substantial Acquisitions (SAST)

11 disclosure(s)

-30/07/2025 · 41,383
Off Market30/07/2025 · 7,660
Off Market30/07/2025 · 41,383
Off Market30/07/2025 · 16,583
Off Market30/07/2025 · 17,140
-18/07/2025 · 38,983
Company Information
Incorporated1985
ChairmanLalit Kumar Daga
AuditorSuryaprakash Maurya & Co. LLP
Investor Email[email protected]; deepak@associatedgroup.
🌐 www.associatedgroup.com/NCL ↗

📍 Plot No W-50, MIDC Industrial Area Taloja, Raigad, Maharashtra, 410208

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Cressanda Railway SolutioSera Investments & FinancBengal Steel Industries LimitedI-power Solutions India LimitedUniworth Securities Ltd.Mercury Trade Links Ltd.White Hall Commercial Co.Asutosh Enterprises Ltd.Apollo Finvest (India) Ltd.Esquire Money GuaranteesEnbee Trade & FinanceGanon Products LimitedAll “51” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search