Narmada Gelatines Ltd.
•₹ 16-6.02%
2001-02-27
PROS
- Company is almost debt free
- Latest quarter profit grew 56.0% YoY, showing strong momentum
- Company comfortably covers its interest (41.5x coverage)
CONS
- Inventory has been piling up - inventory days up from 55 to 81
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 6663.70 | 1789.77 | 36682.00 | 1602.62 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | SHAWGELTIN | 490.45 | 8.52 | 296.70 | 2.04 | 9.33 | 56.02 | 56.37 | 23.16 | 29.54 | 22.81 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|
| 48 | 50 | 46 | 51 | 57 | 62 | 56 | |
| 41 | 42 | 38 | 42 | 46 | 48 | 46 | |
| Operating Profit | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 6 | 7 | 7 | 9 | 10 | 13 | 12 | |
| Tax % | 25.69% | 18.79% | 25.34% | 30.06% | 24.34% | 24.51% | 22.83% |
| Net Profit | 4 | 6 | 6 | 7 | 8 | 10 | 9 |
| 7 | 10 | 10 | 11 | 14 | 17 | 2 | |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Dec 2024
- 48
- 41
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 1
- 6
- Tax %
- 25.69%
- Net Profit
- 4
- 7
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 50
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 18.79%
- Net Profit
- 6
- 10
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 46
- 38
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 7
- Tax %
- 25.34%
- Net Profit
- 6
- 10
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 51
- 42
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 9
- Tax %
- 30.06%
- Net Profit
- 7
- 11
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 57
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 10
- Tax %
- 24.34%
- Net Profit
- 8
- 14
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 62
- 48
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 13
- Tax %
- 24.51%
- Net Profit
- 10
- 17
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 56
- 46
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 12
- Tax %
- 22.83%
- Net Profit
- 9
- 2
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 6
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| 189 | 215 | 226 | |
| 164 | 174 | 181 | |
| Operating Profit | 26 | 42 | — |
| OPM % | 14 | 19 | — |
| Other Income | 2 | 0 | 0 |
| Interest | 1 | 1 | 1 |
| Depreciation | 2 | 3 | 3 |
| 24 | 41 | 43 | |
| Tax % | 24 | 24 | 25 |
| Net Profit | 18 | 31 | 32 |
| EPS | 30 | 52 | — |
| Dividend Payout % | 34 | 19 | — |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 4 |
| Adjusted EPS | 30 | 52 | — |
| Minority Interest | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 4 |
| Adjusted EPS | 30 | 52 | — |
Mar 2025
- 189
- 164
- Operating Profit
- 26
- OPM %
- 14
- Other Income
- 2
- Interest
- 1
- Depreciation
- 2
- 24
- Tax %
- 24
- Net Profit
- 18
- EPS
- 30
- Dividend Payout %
- 34
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 30
Mar 2026
- 215
- 174
- Operating Profit
- 42
- OPM %
- 19
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 41
- Tax %
- 24
- Net Profit
- 31
- EPS
- 52
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 52
TTM
- 226
- 181
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 1
- Depreciation
- 3
- 43
- Tax %
- 25
- Net Profit
- 32
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 4
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 4
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- -9%
- 1 Year:
- -42%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- Last Year:
- 24%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| LIABILITIES | - | - |
| Equity Capital | 6 | 6 |
| 114 | 139 | |
| 5 | 1 | |
| Trade Payables | 17 | 12 |
| 18 | 21 | |
| Total Liabilities | 160 | 179 |
| ASSETS | - | - |
| 33 | 41 | |
| Capital Work in Progress | 7 | 5 |
| 42 | 45 | |
| 47 | 49 | |
| 25 | 29 | |
| Cash & Bank | 0 | 4 |
| 7 | 6 | |
| Total Assets | 160 | 179 |
| Total Debt | 13 | 8 |
| Net Working Capital | 46 | 61 |
| Contingent Liabilities | 3 | 2 |
| Book Value per Share | 198.79 | 240.09 |
| Face Value | 10.00 | 10.00 |
| Total Debt | 13 | 8 |
| Net Working Capital | 46 | 61 |
| Contingent Liabilities | 3 | 2 |
| Book Value per Share | 198.79 | 240.09 |
| Face Value | 10.00 | 10.00 |
Mar 2025
- Equity Capital
- 6
- 114
- 5
- Trade Payables
- 17
- 18
- Total Liabilities
- 160
- 33
- Capital Work in Progress
- 7
- 42
- 47
- 25
- Cash & Bank
- 0
- 7
- Total Assets
- 160
- Total Debt
- 13
- Net Working Capital
- 46
- Contingent Liabilities
- 3
- Book Value per Share
- 198.79
- Face Value
- 10.00
- Total Debt
- 13
- Net Working Capital
- 46
- Contingent Liabilities
- 3
- Book Value per Share
- 198.79
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 6
- 139
- 1
- Trade Payables
- 12
- 21
- Total Liabilities
- 179
- 41
- Capital Work in Progress
- 5
- 45
- 49
- 29
- Cash & Bank
- 4
- 6
- Total Assets
- 179
- Total Debt
- 8
- Net Working Capital
- 61
- Contingent Liabilities
- 2
- Book Value per Share
- 240.09
- Face Value
- 10.00
- Total Debt
- 8
- Net Working Capital
- 61
- Contingent Liabilities
- 2
- Book Value per Share
- 240.09
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 16 | 25 | |
| Cash from Investing | -29 | -13 |
| Cash from Financing | 6 | -12 |
| -6 | -0 | |
| Free Cash Flow | 16 | 15 |
| OCF / Net Profit | 0.89 | 0.78 |
| Cumulative 5-Year FCF | 0 | 0 |
| OCF / Net Profit | 0.89 | 0.78 |
| Cumulative 5-Year FCF | 0 | 0 |
Mar 2025
- 16
- Cash from Investing
- -29
- Cash from Financing
- 6
- -6
- Free Cash Flow
- 16
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.89
- Cumulative 5-Year FCF
- 0
Mar 2026
- 25
- Cash from Investing
- -13
- Cash from Financing
- -12
- -0
- Free Cash Flow
- 15
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.78
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| PER SHARE | - | - |
| EPS (₹) | 29.80 | 52.05 |
| Book Value (₹) | 198.79 | 240.09 |
| Dividend per Share (₹) | 10.00 | 10.00 |
| Cash EPS (₹) | 33.48 | 56.79 |
| PROFITABILITY | - | - |
| Operating Margin % | 13.01% | 19.18% |
| Net Margin % | 9.54% | 14.62% |
| ROE % | 23.99% | 23.72% |
| ROCE % | 29.03% | 29.54% |
| 15.47% | 18.57% | |
| EFFICIENCY | - | - |
| Debtor Days | 30 | 46 |
| Inventory Days | 55 | 81 |
| Payable Days | 45 | 47 |
| 41 | 79 | |
| FINANCIAL HEALTH | - | - |
| Debt to Equity (x) | 0.11x | 0.05x |
| Interest Coverage (x) | 20.34x | 41.48x |
| 2.55x | 3.59x | |
| GROWTH | - | - |
| Revenue Growth % | 308.41% | 14.02% |
| Operating Profit Growth % | 844.90% | 58.51% |
| Net Profit Growth % | 4614.12% | 74.64% |
| 3663.85% | 74.64% | |
| VALUATION | - | - |
| P/E (x) | 10.69x | 6.57x |
| P/B (x) | 1.60x | 1.42x |
| Dividend Yield % | 3.14% | 2.92% |
| 7.81x | 5.07x |
Mar 2025
- EPS (₹)
- 29.80
- Book Value (₹)
- 198.79
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 33.48
- Operating Margin %
- 13.01%
- Net Margin %
- 9.54%
- ROE %
- 23.99%
- ROCE %
- 29.03%
- 15.47%
- Debtor Days
- 30
- Inventory Days
- 55
- Payable Days
- 45
- 41
- Debt to Equity (x)
- 0.11x
- Interest Coverage (x)
- 20.34x
- 2.55x
- Revenue Growth %
- 308.41%
- Operating Profit Growth %
- 844.90%
- Net Profit Growth %
- 4614.12%
- 3663.85%
- P/E (x)
- 10.69x
- P/B (x)
- 1.60x
- Dividend Yield %
- 3.14%
- 7.81x
Mar 2026
- EPS (₹)
- 52.05
- Book Value (₹)
- 240.09
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 56.79
- Operating Margin %
- 19.18%
- Net Margin %
- 14.62%
- ROE %
- 23.72%
- ROCE %
- 29.54%
- 18.57%
- Debtor Days
- 46
- Inventory Days
- 81
- Payable Days
- 47
- 79
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 41.48x
- 3.59x
- Revenue Growth %
- 14.02%
- Operating Profit Growth %
- 58.51%
- Net Profit Growth %
- 74.64%
- 74.64%
- P/E (x)
- 6.57x
- P/B (x)
- 1.42x
- Dividend Yield %
- 2.92%
- 5.07x
Documents
Announcements
Nothing filed yet.
Annual Reports
Nothing filed yet.
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.

