What does National Standar do?

National Standard (India) Ltd is a mid-cap real estate development company, incorporated in 1962, with recent quarterly net sales of 3 Cr and net profit of 4 Cr as of March 2025. The company has a market cap of Rs 5,831 Cr and key financial metrics include a P/E ratio of 447.00 and a return on equity of 4.95%.

Overview:<BR>National Standard (India) Ltd is engaged in real estate development and operates within the mid-cap segment of the realty industry.<BR><BR>History:<BR>The company was incorporated on August 20, 1962, and changed its name from National-Standard Duncan Limited to National Standard (India) Limited in September 2003. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 5,831 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 447.00 <BR>Industry P/E: 275 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 4.95% <BR>Price to Book: 22.13 <BR><BR>Contact Details:<BR>Address: 412 Fl-4 17G Vardhaman Chamber, Horniman Circle Fort Mumbai Maharashtra : 400001 <BR>Tel: 91-022-23024400 <BR>Email: investors.nsil@lodhagroup.com <BR>Website: http://www.nsil.net.in

Has National Standar declared dividend?

No Dividend History Available

When is the next results date for National Standar?

National Standar will declare its results on July 17, 2025.

National Standar will declare its results on 17 July 2025.

Who are the peers of the National Standar?

Peers of National Standar include Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, Raymond Realty, Marathon Nextgen, Raymond, Hubtown, and Arkade. National Standar has Below Average management risk, Good capital structure, and a 1-year return of -47.72%, the lowest among its peers.

Peers: The peers of National Standar are Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, Raymond Realty, Marathon Nextgen, Raymond, Hubtown, and Arkade.<BR><BR>Quality Snapshot: Excellent management risk is observed at Raymond, while Average management risk is found at Mahindra Life, Puravankara, Sunteck Realty, and Arkade, and the rest. Below Average management risk is present at TARC Ltd, Marathon Nextgen, Hubtown, and National Standar. Growth ratings show Average growth at Marathon Nextgen and National Standar, Below Average growth at Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, and the rest, while Raymond Realty does not qualify. Capital Structure ratings indicate Good capital structure at National Standar, Excellent at Arkade, and Below Average at Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, Marathon Nextgen, Raymond, and Hubtown.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hubtown at 66.34%, while the lowest is National Standar at -47.72%. National Standar's 1-year return is significantly lower than that of Hubtown. Additionally, Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, and Marathon Nextgen all have negative six-month returns.

Who are in the management team of National Standar?

As of March 2023, the management team of National Standar includes Smita Ghag (Chairperson), K L Arimpur, Ravi Dodhia (Directors), Madhur Mittal (Company Secretary), and several Independent Directors: Bhushan Shah, Prakash Lavji Vaghela, Vinod Panalal Shah, and Ritika Bhalla. They collectively oversee the company's governance and compliance.

As of March 2023, the management team of National Standar includes the following individuals:<BR><BR>1. Smita Ghag - Chairperson<BR>2. Bhushan Shah - Independent Director<BR>3. Prakash Lavji Vaghela - Independent Director<BR>4. K L Arimpur - Director<BR>5. Madhur Mittal - Company Secretary & Compliance Officer<BR>6. Vinod Panalal Shah - Independent Director<BR>7. Ritika Bhalla - Independent Director<BR>8. Ravi Dodhia - Director<BR><BR>These members play various roles within the company, contributing to its governance and compliance.

Who are the top shareholders of the National Standar?

The top shareholders of National Standar include Macrotech Developers Limited with 73.94%, followed by public shareholder Gurpreet Kaur Shinh at 6.8%, and individual investors holding 21.06%. There are no mutual funds or foreign institutional investors in the company's shareholding.

The top shareholders of National Standar are primarily its promoters, with Macrotech Developers Limited holding the largest share at 73.94%. The highest public shareholder is Gurpreet Kaur Shinh, who owns 6.8%. Additionally, individual investors collectively hold 21.06% of the shares. There are currently no mutual funds or foreign institutional investors involved in the company's shareholding.

Is National Standar overvalued or undervalued?

As of July 18, 2025, National Standar is considered overvalued and risky due to its extremely high PE ratio of 433.28, negative EV to EBIT and EBITDA ratios, low ROCE of 1.94%, and poor stock performance with a year-to-date return of -42.79%, contrasting sharply with its peers and the positive market trend.

As of 18 July 2025, the valuation grade for National Standar has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently assessed as overvalued, given its exceptionally high PE ratio of 433.28 and negative EV to EBIT and EV to EBITDA ratios of -2631.44 and -2659.44, respectively. Additionally, the ROCE stands at a mere 1.94%, and the ROE is 4.24%, which further underscores the company's financial challenges.<BR><BR>In comparison to its peers, National Standar's valuation metrics are starkly higher than Mahamaya Steel, which has a PE ratio of 82.12 and is classified as very expensive, and Azad India, also risky, with a PE of 559.62. The company’s recent stock performance has been notably poor, with a year-to-date return of -42.79%, contrasting sharply with the Sensex's positive return of 4.63% over the same period. This further reinforces the conclusion that National Standar is overvalued in the current market environment.

How big is National Standar?

As of 24th July, National Standard (India) Ltd has a market capitalization of 5,040.00 Cr, with recent Net Sales of 22.30 Cr and a Net Profit of 11.54 Cr. Shareholder's Funds are 272.34 Cr and Total Assets are 276.92 Cr as of March 2025.

As of 24th July, National Standard (India) Ltd has a market capitalization of 5,040.00 Cr, classifying it as a Mid Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 22.30 Cr and a Net Profit of 11.54 Cr.<BR><BR>As of March 2025, the Shareholder's Funds amounted to 272.34 Cr, while the Total Assets were valued at 276.92 Cr.

Are National Standar latest results good or bad?

National Standard's latest results show strong revenue and net profit growth, but concerns arise from a negative operating profit margin and reliance on non-operating income, indicating underlying operational challenges. Investors should be cautious about the company's outlook.

National Standard's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q2 FY26, reaching ₹4.26 crores, which is a remarkable 330.30% improvement compared to the previous quarter. Additionally, revenue surged to ₹17.25 crores, reflecting a 353.95% year-on-year growth from ₹3.80 crores in Q2 FY24.<BR><BR>However, despite these impressive growth figures, there are serious concerns regarding the company's operational health. The operating profit margin, excluding other income, was negative at -2.09%, indicating that the company is struggling to generate profits from its core manufacturing activities. Furthermore, the net profit heavily relied on non-operating income, which constituted over 106% of profit before tax, raising questions about the sustainability and quality of earnings.<BR><BR>Year-on-year, the net profit has actually declined by 11.25% from ₹4.80 crores in Q2 FY24, and the PAT margin has significantly compressed from 126.32% in the same quarter last year. This volatility in revenue and the reliance on non-operating income suggest that while the company has shown some recovery, it still faces fundamental challenges in achieving consistent operational performance.<BR><BR>In summary, while the latest results show positive growth in net profit and revenue, the underlying operational issues and reliance on non-core income indicate that the overall performance is concerning. Investors should approach the company's outlook with caution.

How has been the historical performance of National Standar?

National Standar has shown fluctuating financial performance, with net sales increasing from 5.39 Cr in Mar'20 to 22.33 Cr in Mar'25, but profitability metrics like operating profit and profit after tax peaked in Mar'22 and declined by Mar'25. Despite growth in total assets, cash flow turned negative in Mar'25, indicating challenges in maintaining profitability.

Answer:<BR>The historical performance of National Standar shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>National Standar's net sales have seen a gradual increase from 5.39 Cr in Mar'20 to 22.33 Cr in Mar'25, with a peak of 25.46 Cr in Mar'22. Total operating income followed a similar pattern, reaching 22.33 Cr in Mar'25, while total expenditure (excluding depreciation) rose from 6.20 Cr in Mar'20 to 22.17 Cr in Mar'25. Operating profit (PBDIT) exhibited volatility, peaking at 34.11 Cr in Mar'22 before declining to 18.29 Cr in Mar'25. Profit before tax also fluctuated, with a high of 33.92 Cr in Mar'22 and a decrease to 18.27 Cr in Mar'25. Profit after tax mirrored this trend, peaking at 24.61 Cr in Mar'22 and dropping to 13.20 Cr in Mar'25. The company's earnings per share (EPS) peaked at 12.3 in Mar'22 but fell to 6.6 in Mar'25. On the balance sheet, total assets increased from 212.12 Cr in Mar'20 to 276.92 Cr in Mar'25, while total liabilities rose from 212.12 Cr to 276.92 Cr over the same period. Cash flow from operating activities turned negative in Mar'25 at -8.00 Cr, contrasting with positive cash flows in previous years. Overall, National Standar's financial performance reflects significant growth in sales and assets, but also highlights challenges in maintaining profitability and cash flow stability in recent years.

Why is National Standar falling/rising?

As of 02-Dec, National Standard (India) Ltd's stock price is Rs 1,409.25, down 1.71%, and has significantly underperformed the Sensex with a year-to-date drop of 67.75%. The company's financial health is poor, indicated by a low ROE of 6.15% and a concerning decline in operating profit, contributing to a bearish trend in its stock performance.

As of 02-Dec, National Standard (India) Ltd's stock price is falling, currently at Rs 1,409.25, reflecting a decrease of Rs 24.55 or 1.71%. This decline is part of a broader trend, as the stock has underperformed significantly against the benchmark Sensex, with a year-to-date drop of 67.75% compared to the Sensex's gain of 8.96%. <BR><BR>Today, the stock hit a new 52-week low of Rs 1,303.15 and has shown high volatility, trading within a wide range of Rs 196.85. The performance today indicates that it underperformed its sector by 1.86%. Additionally, the stock has been trading below its moving averages across various time frames, which suggests a bearish trend.<BR><BR>The company's financial health is concerning, with a low Return on Equity (ROE) of 6.15%, indicating poor management efficiency and profitability. Furthermore, the operating profit has declined at an alarming annual rate of -225.15% over the last five years. The recent financial results show a decline in profit after tax (PAT) by 24.10%, and the non-operating income constitutes a significant portion of the profit before tax, raising further concerns about sustainability.<BR><BR>Moreover, the stock's performance has consistently lagged behind the benchmark over the past three years, with a return of -68.04% in the last year alone. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the company's prospects. All these factors contribute to the stock's current downward trajectory.

Which are the latest news on National Standar?

Should I buy, sell or hold National Standar?

Is National Standar technically bullish or bearish?

As of December 3, 2025, the trend is mildly bearish, supported by daily moving averages and monthly indicators, despite some short-term bullish signals from the weekly MACD and RSI.

As of 3 December 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum and the monthly MACD and KST also showing bearish signals. However, the weekly MACD and RSI are mildly bullish, suggesting some short-term strength. The Bollinger Bands and Dow Theory both confirm a bearish outlook on the weekly and monthly time frames. Overall, while there are some bullish indicators in the short term, the prevailing trend remains mildly bearish.