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Annual Revenue,rose 79.47%, in the last year to ₹512.25 Cr. Its sector's average revenue growth for the last fiscal year was 12.23%.Annual Net Profit,rose 40.83% in the last year to ₹26.73 Cr. Its sector's average net profit growth for the last fiscal year was 13.32%.Interest Coverage Ratio,is 8.49, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
Nibe Limited is an Indian engineering and manufacturing company with a growing presence in defence and allied technologies. The Company issued its 20th Annual Report for FY 2024-25, underlining two decades of operations. It is headquartered at Chakan, Pune, with a corporate office in Mumbai, and manufacturing plants at Chakan (Pune) and Bengaluru. The registered office is at Plot No. E-2/2, Phase III, MIDC Industrial Area, Nanekarwadi, Taluka–Khed, Chakan, Pune, Maharashtra – 410501; the corporate office is in Andheri (East), Mumbai; and plants are located in the Chakan Industrial Area, Pune.
What Nibe does: the Company focuses on precision weapons, surveillance and communication equipment, protective vehicles, and defensive/deterrence systems and components. It operates two plants in Pune (including facilities for heavy fabrication, a Missile Complex, and Small Arms Production with 16 m and 12 m Vertical Machining Centres with 7-micron accuracy) and an electronics manufacturing plant in Bengaluru. Nibe serves the domestic market primarily, with operations and customer deliveries centred in India.
Subsidiaries: As on March 31, 2025, the Company has six subsidiaries.
Key milestones in recent years include expansion of manufacturing capacity to three plants and a technology licensing agreement from DRDO for Solar Heated Shelters. The DRDO licence is non-exclusive for 10 years from execution, enabling manufacture in India and sale within the licensing region.
– Ganesh Ramesh Nibe – Chairman & Managing Director
– Ranjan Choudhary – Chief Executive Officer (w.e.f. May 29, 2025)
– Rajesh Khatri – Chief Financial Officer (w.e.f. May 29, 2025)
– Komal Bhagat – Company Secretary & Compliance Officer
Nibe manufactures and supplies precision weapons, surveillance and communication equipment, protective vehicles, and defensive/deterrence systems and components. Its capabilities include heavy fabrication, a Missile Complex, Small Arms Production, and electronics manufacturing.
The Company operates two plants in Pune and one in Bengaluru; the registered office is in Chakan and the corporate office is in Mumbai. Sales are primarily domestic; in FY 2024-25, revenue from operations was fully domestic, with no exports.
As on March 31, 2025, Nibe had six subsidiaries. The Company also reported that it had no associates or joint ventures during the year.
