🔍

NDLVENTURE - NDL Ventures

📊 NSE: NDLVENTURE 🏢 Entertainment / Electronic Media Software 📅 Last Updated: 12/14/2025 10:26

📢 Recent Corporate Announcements

NDL Ventures Clarifies Q2 FY26 Filing Discrepancies; Reports Net Profit of ₹28.35 Lakh

🟡 NEUTRAL ⭐ 6/10

REGULATORY 📅 04 Feb 2026, 12:09 PM

NDL Ventures Limited has provided clarifications to the NSE regarding technical discrepancies in its Q2 FY26 financial filings, including machine-readability and segment reporting. The company reported a net profit of ₹28.35 lakh for the quarter ended September 30, 2025, up from ₹20.92 lakh in the corresponding quarter of the previous year. Total income for the quarter stood at ₹120.15 lakh, while the company maintains a single business segment in 'Other Financial Services'. A key ongoing development is the proposed merger with Hinduja Leyland Finance Limited, which has received a No Objection Certificate from the RBI.

Net Profit for Q2 FY26 increased to ₹28.35 lakh compared to ₹20.92 lakh in Q2 FY25.
Total Income for the quarter was ₹120.15 lakh, a slight decrease from ₹124.23 lakh YoY.
Company confirmed it operates as a single segment entity under 'Other Financial Services'.
RBI has granted a No Objection Certificate (NOC) for the merger of Hinduja Leyland Finance Limited into the company.
Cash and bank balances as of September 30, 2025, stood at ₹506.67 lakh.

💡 Investors should focus on the progress of the Hinduja Leyland Finance merger as it is the primary catalyst for the company's future valuation. The current standalone financials are relatively small and the regulatory clarifications are procedural in nature.

NDL Ventures Issues Clarification to NSE on Q3 FY26 Segment Reporting

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 02 Feb 2026, 01:18 PM

NDL Ventures Limited has addressed a clarification request from the National Stock Exchange regarding its financial results for the quarter ended December 31, 2025. The exchange had flagged a discrepancy concerning the absence of segment details in the initial filing. The company clarified that it operates exclusively in a single segment, "Other Financial Services," and has now provided the necessary XBRL data. This response resolves the regulatory query and ensures compliance with SEBI listing requirements.

NSE requested clarification on January 23, 2026, regarding missing segment reporting data for Q3 FY26.
Company confirmed it operates in a single segment identified as "Other Financial Services."
Updated segment details have been submitted via XBRL to the exchange to rectify the discrepancy.
The clarification was issued under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

💡 This is a routine regulatory matter with no impact on the company's fundamentals. Investors should focus on the actual financial performance of the business rather than this administrative correction.

NDL Ventures Q3 Net Profit Surges 254% YoY to ₹23.32 Lakhs; Merger with HLFL Progressing

🟢 POSITIVE ⭐ 8/10

EARNINGS 📅 19 Jan 2026, 05:02 PM

NDL Ventures reported a strong year-on-year performance for the quarter ended December 31, 2025, with net profit rising to ₹23.32 lakhs from ₹6.59 lakhs in the previous year. Total income saw a steady increase to ₹126.08 lakhs compared to ₹116.70 lakhs in the same quarter last year. For the nine-month period, the company's profit reached ₹75.85 lakhs, a 68% increase over the previous year's ₹45.09 lakhs. A critical update for investors is the ongoing merger with Hinduja Leyland Finance Limited (HLFL), which has already received an RBI No Objection Certificate and is awaiting NCLT approval.

Net Profit for Q3 FY26 grew 254% YoY to ₹23.32 lakhs.
Total Income for the quarter increased to ₹126.08 lakhs from ₹116.70 lakhs YoY.
Nine-month (9M FY26) net profit stands at ₹75.85 lakhs, up from ₹45.09 lakhs in 9M FY25.
The company has filed the draft 'Scheme of Merger by Absorption' of Hinduja Leyland Finance Limited with stock exchanges.
Earnings Per Share (EPS) for the quarter improved to ₹0.07 from ₹0.02 in the corresponding quarter last year.

💡 Investors should focus on the regulatory progress of the merger with Hinduja Leyland Finance, as this transaction will significantly transform the company's balance sheet and business operations. The standalone financial growth is positive but the merger remains the primary value driver.

NDL Ventures Submits Quarterly SEBI Compliance Certificate for Q3 FY26

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 09 Jan 2026, 03:25 PM

NDL Ventures Limited has submitted its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended December 31, 2025. The certificate, issued by KFin Technologies Limited, confirms that all dematerialization requests were processed within the mandatory 15-day period. This filing ensures that physical share certificates received were mutilated, cancelled, and the depository's name was updated in the records. This is a standard administrative procedure to maintain the integrity of electronic shareholding.

Compliance certificate issued for the quarter ended December 31, 2025.
KFin Technologies Limited confirmed processing of dematerialization requests within 15 days.
Physical share certificates were mutilated and cancelled as per SEBI regulations.
The depository has been substituted as the registered owner in the company records for dematerialized shares.

💡 No action is required from investors as this is a routine regulatory filing confirming the company's compliance with share processing standards.

NDL Ventures Announces Trading Window Closure from Jan 1, 2026 for Q3 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Dec 2025, 10:14 PM

NDL Ventures Limited has announced the closure of its trading window for all designated persons and their immediate relatives starting January 1, 2026. This action is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the announcement of financial results for the quarter and nine months ending December 31, 2025. The window will remain closed until 48 hours after the results are made public. The specific date for the board meeting to approve these results will be shared later.

Trading window closure begins on January 1, 2026, for all designated persons.
Closure is in anticipation of the Un-Audited Financial Results for the quarter ending December 31, 2025.
The window will reopen 48 hours after the financial results are officially declared.
The date for the Board meeting to approve the results will be communicated separately.

💡 This is a routine regulatory filing with no immediate impact on stock fundamentals. Investors should wait for the announcement of the board meeting date to evaluate the upcoming quarterly performance.

View All NDLVENTURE Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Total income decreased by 16.24% YoY, falling from INR 5.90 Cr in FY 2023-24 to INR 4.94 Cr in FY 2024-25. The company operates in Real Estate and Financial Services segments, though specific revenue splits per segment were not detailed in the provided financials.

Geographic Revenue Split

Not specifically disclosed, but the company is headquartered in Mumbai, Maharashtra, and its primary operations and registered office are located in India.

Profitability Margins

Net Profit Margin for FY 2024-25 was 11.95% (INR 0.59 Cr profit on INR 4.94 Cr income). Profit after tax saw a significant decline from the previous year, though the exact prior year PAT was not explicitly listed in the summary table, the PBT dropped from INR 1.80 Cr to INR 1.04 Cr (a 42.22% decrease).

EBITDA Margin

EBITDA margin was 21.01% in FY 2024-25 (INR 1.04 Cr), representing a sharp decline from 30.52% in FY 2023-24 (INR 1.80 Cr).

Capital Expenditure

Not disclosed in available documents; however, the company maintains a net worth of INR 60.05 Cr as of March 31, 2025.

Credit Rating & Borrowing

Finance costs were reported as nil for both FY 2024-25 and FY 2023-24, indicating no active interest-bearing debt during the period.

⚙️ Operational Drivers

Raw Materials

Not applicable as NDL Ventures is a service and investment-oriented entity focused on Real Estate and Financial Services.

Capacity Expansion

The company is undergoing a major structural expansion through the merger of Hinduja Leyland Finance Limited (HLFL) into NDL Ventures, which will pivot the company into a full-scale NBFC.

Raw Material Costs

Not applicable; total operating expenses were INR 3.90 Cr in FY 2024-25, a decrease of 4.77% from INR 4.10 Cr in FY 2023-24.

📈 Strategic Growth

Growth Strategy

The core strategy is the 'Merger by Absorption' of Hinduja Leyland Finance Limited (HLFL). This will allow the company to transition into a Non-Banking Financial Company (NBFC) once the Certificate of Registration (CoR) is granted by the RBI post-merger, enabling a massive scale-up in financial service offerings.

Products & Services

Real estate development services and financial services. Post-merger, the company will provide vehicle finance and other NBFC-related credit products.

Brand Portfolio

NDL Ventures, Hinduja Group, NXTHUB (broadband brand mentioned in historical context).

New Products/Services

Launch of comprehensive NBFC financial products following the merger and receipt of the RBI Certificate of Registration.

Market Expansion

Expansion into the pan-India financial services market through the existing network of Hinduja Leyland Finance Limited.

Market Share & Ranking

The broadband division (NXTDIGITAL) was previously ranked among the top 4 private ISPs in India with over 1 million customers; current market ranking for the real estate/financial services entity is not provided.

Strategic Alliances

Merger agreement with Hinduja Leyland Finance Limited (Transferor Company).

🌍 External Factors

Industry Trends

The industry is shifting toward consolidated NBFC platforms with strong parentage; NDL Ventures is positioning itself within the Hinduja Group ecosystem to leverage this trend.

Competitive Landscape

Competes with established Indian NBFCs and diversified financial service providers.

Competitive Moat

The company's moat is derived from its association with the Hinduja Group, providing superior access to capital, regulatory expertise, and a pre-established customer base in the vehicle finance sector via HLFL.

Macro Economic Sensitivity

Highly sensitive to Indian interest rate environments and credit demand cycles, which will dictate the profitability of the post-merger NBFC business.

Consumer Behavior

Increasing demand for organized retail and commercial credit in India is driving the strategic shift toward financial services.

Geopolitical Risks

Low, as the business is focused on Indian domestic real estate and financial services.

⚖️ Regulatory & Governance

Industry Regulations

Subject to RBI regulations for NBFCs, SEBI Listing Obligations, and NCLT approvals for the scheme of merger under Sections 230 to 232 of the Companies Act, 2013.

Environmental Compliance

Business Responsibility and Sustainability Report (BRSR) was not applicable as the company did not fall under the top 1000 listed entities by market capitalization.

Taxation Policy Impact

The effective tax rate for FY 2024-25 was 43.11%, with a total tax expense of INR 44.77 Lakh (INR 25.48 Lakh current tax and INR 19.29 Lakh deferred tax) on a PBT of INR 103.85 Lakh.

Legal Contingencies

The company reported no pending applications or proceedings under the Insolvency and Bankruptcy Code, 2016 during the financial year.

⚠️ Risk Analysis

Key Uncertainties

The primary uncertainty is the timeline for the NCLT approval of the merger, which is a prerequisite for the RBI to grant the NBFC Certificate of Registration.