Novateor Research Laboratories Ltd

Novateor Research Laboratories Ltd is a micro-cap company in the FMCG industry, incorporated in 2011 and converted to a public company in 2019. As of March 2020, it reported net sales of 1 Cr and a market cap of INR 25 Cr, with a P/E ratio of 24.00.

The top shareholders of Novateor Resear include Navdeep Subhashbhai Mehta with 29.56%, individual investors with 26.45%, and public shareholder Jitin Jaysukhlal Doshi at 3.85%. There are currently no mutual funds or foreign institutional investors holding shares in the company.

As of March 2020, the management team of Novateor Resear includes Navdeep Subhashbhai Mehta (Managing Director & CFO), Tejal Navdeep Mehta (Whole-time Director), and four independent directors: Anand Rajendra Shah, Chintan Pankaj Shah, Sindhav Vipulbhai, and Jitin Jaysukh Doshi (Non-Executive Director). This diverse team guides the company's governance and strategy.

Novateor Resear.'s peers include Indong Tea Co, Hipolin, Sinnar Bidi Udy., KMG Milk Food, Paramount Cosmet, Tasty Dairy, BKV Industries, and Shanthala FMCG. Most peers exhibit below-average management risk, growth, and capital structure, with KMG Milk Food showing the highest 1-year return at 44.01% and Novateor Resear. at 4.91%.

As of May 15, 2025, Novateor Research's technical trend is neutral, with no clear bullish or bearish indicators, as the stock price remains unchanged at 57.50 despite strong long-term performance relative to the Sensex.

As of May 19, 2025, Novateor Research is rated as risky and overvalued, with a PE Ratio of 27.80, negative ROCE of -4.59%, and ROE of 0.38%, despite outperforming the Sensex with an 18.9% return over the past year.