National E-Repository Limited (NeRL)

National E-Repository Limited (NeRL)

Fundamentals

National E-Repository Limited (NeRL)
₹63 Per Equity Share

Lot Size 2000 Shares

52 Week High 69

52 Week Low 47

Depository NSDL & CDSL

PAN Number AAFCN4933R

ISIN Number INE878X01013

CIN U93090MH2017PLC291035

RTA Link Intime
Market Cap (in cr.) 510

P/E Ratio N/A

P/B Ratio 9.12

Debt to Equity 0

ROE (%) -8.7

Book Value 6.91

Face Value 10

Total Shares 81004165

P&L Statement

P&L Statement 2022 2023 2024 2025
Revenue 10 7 9 9.6
Cost of Material Consumed 0 0 0 0
Change in Inventory 0 0 0 0
Gross Margins 100 100 100 100
Employee Benefit Expenses 6 7 9 9.5
Other Expenses 4 4 5 5.6
EBITDA 0 -4 -5 -5.5
OPM 0 -57.14 -55.56 -57.29
Other Income 2 2 2 2.3
Finance Cost 0 0 0 0
D&A 6 5 4 2.1
EBIT -6 -9 -9 -7.6
EBIT Margins -60 -128.57 -100 -79.17
PBT -4 -7 -7 -5.3
PBT Margins -40 -100 -77.78 -55.21
Tax -1 -2 -2 -1.3
PAT -3 -5 -5 -4
NPM -30 -71.43 -55.56 -41.67
EPS -0.37 -0.62 -0.62 -0.49

Financial Ratios

Financial Ratios 2022 2023 2024 2025
Operating Profit Margin 0 -57.14 -55.56 -57.29
Net Profit Margin -30 -71.43 -55.56 -41.67
Earning Per Share (Diluted) -0.37 -71.43 -0.62 -0.49

Balance Sheet

Assets 2022 2023 2024 2025
Fixed Assets 11 6 2.5 0.98
CWIP 0 0.3 0.4 0.8
Investments 0 0 0 0
Trade Receivables 2 1.5 1.8 1.97
Inventory 0 0 0 0
Other Assets 59 59.2 57.3 54.25
Total Assets 72 67 62 58

Liabilities

Liabilities 2022 2023 2024 2025
Share Capital 81 81 81 81
FV 10 10 10 10
Reserves -20 -26 -31 -35
Borrowings 0 0 0 0
Trade Payables 0.6 0.6 0.54 1
Other Liabilities 10.4 11.4 11.46 11
Total Liabilities 72 67 62 58

Cash-Flow Statement

Cash-Flow Statement 2022 2023 2024 2025
PBT -4 -7 -7 -5.3
OPBWC 7.2 -4.28 -4.91 -5.3
Change in Receivables 0.07 0.57 -0.38 -0.12
Change in Inventories 0 0 0 0
Change in Payables -0.24 0.05 0.11 0.64
Other Changes -6.13 -0.18 -0.33 -0.6
Working Capital Change -6.3 0.44 -0.6 -0.08
Cash Generated From Operations 0.9 -3.84 -5.51 -5.38
Tax 0.2 -0.11 0.64 0.26
Cash Flow From Operations 1.1 -3.95 -4.87 -5.12
Purchase of PPE 1.11 -0.35 -0.18 -0.75
Sale of PPE 0 0 0 0
Cash Flow From Investment -0.75 3.76 6.4 4.35
Borrowing 0 0 0 0
Dividend 0 0 0 0
Equity 0 0 0 0
Others From Financing 0 0 0 0
Cash Flow from Financing 0 0 0 0
Net Cash Generated 0.35 -0.19 1.53 -0.77
Cash at the Start 0.19 0.54 0.35 1.88
Cash at the End 0.54 0.35 1.88 1.11

Shareholding Pattern

NCDEX 67.22%
NABARD 13.00%
ICICI Bank Limited 9.90%
State Bank Of India 9.88%
NCDEX 67.22%
NABARD 13.00%
ICICI Bank Limited 9.90%
State Bank Of India 9.88%
NCDEX 67.22%
NABARD 13.00%
ICICI Bank Limited 9.90%
State Bank Of India 9.88%
NCDEX 51%
NABARD 13%
ICICI Bank Limited 9.9%
State Bank Of India 9.88%
Others 16.22%

Promoters or Management

Name Designation Experience LinkedIn Profile
Saurabh Khanna CEO & MD 25
Kalyani Mundada CFO 12
Ankit Shah CS 15


National E-Repository Limited (NeRL) is a leading institution in India’s digital warehousing and electronic document management space. Promoted by the National Commodity & Derivatives Exchange (NCDEX), NeRL plays a critical role in strengthening agricultural markets by offering a secure and transparent platform for issuing electronic Negotiable Warehouse Receipts (e-NWRs). These receipts serve as digital proof of commodity ownership stored in accredited warehouses, helping farmers, traders, processors, and lending institutions participate in an organized ecosystem. As part of India’s broader push towards digitization of agriculture and supply chain efficiency, NeRL has become an essential link, ensuring better price realization, reduced post-harvest losses, and seamless commodity financing.

The platform’s reliability comes from its strong technological framework and regulatory oversight under the Warehousing Development and Regulatory Authority (WDRA). NeRL’s systems enable real-time information flow, traceability, and secure storage of commodity data, significantly reducing the risks associated with physical warehouse receipts. Through partnerships with banks, NBFCs, warehouse service providers, and government agencies, NeRL facilitates collateral-based lending, making it easier for farmers and traders to access credit against stored commodities. This digital infrastructure not only improves transparency but also strengthens trust in agricultural markets, contributing to a more formalized and efficient supply chain that benefits stakeholders across the value chain.

From an investment perspective, NeRL’s unlisted ecosystem offers strong strategic relevance, driven by rising adoption of e-NWRs, increasing warehouse accreditation, and the government’s continuous focus on agricultural reforms. With greater emphasis on boosting rural credit, reducing physical handling of commodities, and minimizing disputes in quality and ownership, NeRL is well-positioned for long-term growth. As India moves toward a more digitized and integrated agricultural market, institutions like NeRL are expected to play a transformative role. Although unlisted shares typically come with challenges such as limited liquidity and lower public financial disclosures, NeRL’s importance in the agricultural infrastructure landscape and its strong parentage provide investors with confidence in its long-term potential.


FAQs about National E-Repository Limited (NeRL)



Q:1 How do I confirm the booking of National E-Repository Limited (NeRL) Unlisted Shares?Answer: You can confirm the booking by reaching out to us and specifying the trading price for the shares you wish to purchase.

Q:2 What documents do I need to provide to buy NeRL shares?Answer: You need to provide your client master report, PAN Card, and a cancelled cheque if you are not transferring funds from the bank account mentioned in the CMR copy.These are required as per SEBI regulations.

Q:3 Where do I get my client master report (CMR)?

Answer: You can obtain your client master report from your broker.If you do not have access to it, please contact them for assistance.

Q:4 How will I receive the bank details for the payment?

Answer: We will provide you with the necessary bank details once you confirm your booking for the shares.

Q:5 What payment methods are accepted for purchasing NeRL shares?

Answer: Payments must be made via RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.

Q:6 Can I use a different bank account for the payment than the one where shares will be credited?Answer: No, the payment must be made from the same bank account where the shares will be credited.

Q:7 Is there a specific time frame for making the payment after booking NeRL shares?Answer: While there is no specific time frame mentioned, it is advisable to make the payment promptly after confirming your booking to avoid any delays.

Q:8 Are there any additional charges when buying NeRL shares?Answer: The information provided does not specify any additional charges.Please contact us for detailed information regarding any potential fees.



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