Narendra Prop.

Why is Narendra Properties Ltd falling/rising?

As of 15-Jul, the stock price of Narendra Properties Ltd is at 38.92, down 0.26% and reflecting a downward trend with a significant drop in investor participation. Despite a slight short-term increase, the stock's overall performance is weak, marked by operating losses and poor debt servicing ability.

As of 15-Jul, the stock price of Narendra Properties Ltd is currently at 38.92, reflecting a change of -0.1, or a decrease of 0.26%. The stock has been experiencing a downward trend, having fallen for the last two consecutive days, resulting in a total decline of 0.89% during this period. This decline is compounded by a significant drop in investor participation, with delivery volume on 14 July falling by 95.43% compared to the 5-day average, indicating reduced interest from investors.<BR><BR>Despite outperforming the sector by 0.56% today, the stock's overall performance has been inconsistent. Over the past year, it has generated a return of -2.41%, which is part of a broader trend of underperformance against the benchmark indices, including the BSE500. The company's financial health is also concerning, as it has reported operating losses and a negative EBITDA of Rs. -0.79 crore, alongside a weak ability to service its debt, evidenced by a poor EBIT to Interest ratio of 1.12.<BR><BR>While the stock has shown some positive movements in the short term, such as a 3.32% increase over the past month and trading above its moving averages, the underlying financial weaknesses and recent declines in trading volume suggest that the stock is currently facing downward pressure.

Which are the latest news on Narendra Prop.?

Should I buy, sell or hold Narendra Properties Ltd?

What does Narendra Prop. do?

Narendra Properties Ltd is a Chennai-based micro-cap real estate company focused on commercial and residential development, with no net profit reported for March 2026. Established in 1995, it has a market cap of INR 27 Cr and key metrics include a P/E of 13.00 and a dividend yield of 2.67%.

Overview:<BR>Narendra Properties Ltd is a leading real estate company in Chennai, engaged in commercial and residential property development, categorized as a micro-cap in the realty industry.<BR><BR>History:<BR>Incorporated in 1995, Narendra Properties Ltd has been involved in property development and civil construction for over 40 years. The latest quarterly results reported are for March 2026, showing no net profit.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026)<BR>Market-cap value: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00<BR>Industry P/E: 33<BR>Dividend Yield: 2.67%<BR>Debt Equity: -0.10<BR>Return on Equity: 5.09%<BR>Price to Book: 0.69<BR><BR>Contact Details:<BR>Address: Makanji House 2nd Floor, New No49 Barnaby Road Kilpauk Chennai Tamil Nadu : 600010<BR>Tel: 91-044-42696600/49586600/26446600<BR>Email: info@narendraproperties.com<BR>Website: http://www.narendraproperties.com

How big is Narendra Prop.?

As of 10th June, Narendra Properties Ltd has a market capitalization of 27.00 Cr, with Net Sales of 6.38 Cr and a Net Profit of 1.98 Cr over the latest four quarters. The company reports Shareholder's Funds of 37.62 Cr and Total Assets of 37.92 Cr.

As of 10th June, Narendra Properties Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 6.38 Cr and a Net Profit of 1.98 Cr.<BR><BR>The latest annual reporting period shows Shareholder's Funds of 37.62 Cr and Total Assets of 37.92 Cr.

Who are in the management team of Narendra Prop.?

The management team of Narendra Prop. includes Chirag N Maher (Managing Director & CEO), along with directors Narendra Sakariya, Nishank Sakariya, Preeti S Maher, Narendra C Maher, Mahendra K Maher, and independent directors Babubhai P Patel, K S Subramanian, and Kavita Patel.

The management team of Narendra Prop. includes the following individuals:<BR><BR>1. **Chirag N Maher** - Managing Director & CEO<BR>2. **Narendra Sakariya** - Director<BR>3. **Nishank Sakariya** - Director<BR>4. **Babubhai P Patel** - Independent Director<BR>5. **K S Subramanian** - Independent Director<BR>6. **Preeti S Maher** - Director<BR>7. **Narendra C Maher** - Director<BR>8. **Mahendra K Maher** - Director<BR>9. **Kavita Patel** - Independent Director<BR><BR>If you need more specific information about any of these individuals or their roles, feel free to ask!

Who are the peers of the Narendra Prop.?

Narendra Prop.'s peers include Citadel Realty, Krishna Vent., Tirupati Sarjan, MPDL Ltd, SSPDL Ltd, Prime Urban, Kamanwala Housin, Rap Corp, and Martin Burn. In terms of management risk, growth, and capital structure, Narendra Prop. has average ratings, with a 1-year return of -15.04%, better than Tirupati Sarjan but lower than Krishna Vent. at 47.69%.

Peers: The peers of Narendra Prop. are Citadel Realty, Krishna Vent., Tirupati Sarjan, MPDL Ltd, SSPDL Ltd, Prime Urban, Kamanwala Housin, Rap Corp, Martin Burn.<BR><BR>Quality Snapshot: Excellent management risk is observed at SSPDL Ltd and Rap Corp, while Average management risk is found at Citadel Realty and Narendra Prop. Below Average management risk is present at Krishna Vent., Tirupati Sarjan, MPDL Ltd, Kamanwala Housin, and Martin Burn, and the rest. Growth is Excellent at SSPDL Ltd and Rap Corp, Average at Krishna Vent. and Narendra Prop., and Below Average at Citadel Realty, Tirupati Sarjan, MPDL Ltd, Kamanwala Housin, and Martin Burn, and the rest. Good capital structure is noted at Narendra Prop. and Rap Corp, while Below Average capital structure is seen at Citadel Realty, Krishna Vent., Tirupati Sarjan, MPDL Ltd, SSPDL Ltd, Kamanwala Housin, and Martin Burn, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Krishna Vent. at 47.69%, while the lowest is Tirupati Sarjan at -44.34%. Narendra Prop.'s 1-year return is -15.04%, which is higher than Tirupati Sarjan's but lower than Krishna Vent.'s. Additionally, the six-month return is negative for Citadel Realty, Tirupati Sarjan, MPDL Ltd, Kamanwala Housin, and Martin Burn.

Are Narendra Properties Ltd latest results good or bad?

Narendra Properties Ltd's latest results are concerning, with a net profit of only ₹0.01 crore, a 97.14% decline year-on-year, and zero revenue for the third time in seven quarters. This indicates significant operational challenges and raises doubts about the sustainability of its business model.

The latest results for Narendra Properties Ltd are quite concerning. In Q4 FY26, the company reported a net profit of only ₹0.01 crore, which represents a staggering decline of 97.14% year-on-year. Additionally, revenue was reported at ₹0.00 crore, marking a complete drop of 100% compared to both the previous quarter and the same quarter last year. This is particularly alarming as it indicates that the company has not generated any sales revenue for the third time in the last seven quarters.<BR><BR>The operating margin has also deteriorated significantly, dropping to 0.00% from 4.36% year-on-year. The company's reliance on non-operating income is evident, as the minimal profit was sustained entirely through other income, which accounted for 159.70% of profit before tax. This heavy dependence on non-operating sources raises serious questions about the sustainability of its business model.<BR><BR>Overall, the financial performance reflects severe operational challenges, with the company struggling to maintain consistent project handovers or sales bookings. Given these results, it would be fair to characterize the latest performance as bad, highlighting critical operational red flags and a troubling outlook for the company.

When is the next results date for Narendra Properties Ltd?

The next results date for Narendra Properties Ltd is April 30, 2026.

The next results date for Narendra Properties Ltd is scheduled for April 30, 2026.

How has been the historical performance of Narendra Prop.?

Narendra Prop. has experienced a significant decline in financial performance, with net sales dropping from 18.63 Cr in March 2024 to 7.36 Cr in March 2025, and operating profit turning negative at -0.40 Cr. The company also faced negative cash flow from operations of -3.00 Cr in the latest fiscal year.

Answer:<BR>The historical performance of Narendra Prop. shows a fluctuating trend in net sales and profitability over the years, with a notable decline in recent periods.<BR><BR>Breakdown:<BR>Narendra Prop. reported net sales of 7.36 Cr in March 2025, a significant decrease from 18.63 Cr in March 2024 and 11.22 Cr in March 2023, marking a decline from its peak sales in the previous year. The total operating income followed a similar trend, dropping to 7.36 Cr in March 2025 from 18.63 Cr in March 2024. The total expenditure, excluding depreciation, was 7.76 Cr in March 2025, up from 16.47 Cr in March 2024, indicating increased costs despite lower sales. Operating profit (PBDIT) turned negative at -0.40 Cr in March 2025, contrasting with a profit of 2.16 Cr in March 2024. Profit before tax also decreased to 1.24 Cr in March 2025 from 3.00 Cr in March 2024, while profit after tax fell to 0.92 Cr from 2.25 Cr in the same period. The company's total assets slightly increased to 37.92 Cr in March 2025 from 37.90 Cr in March 2024, while total liabilities remained stable at 37.92 Cr. Cash flow from operating activities was negative at -3.00 Cr in March 2025, compared to a positive cash flow of 0.00 Cr in March 2024, indicating challenges in generating cash from operations. Overall, the financial metrics reflect a downturn in performance for Narendra Prop. in the latest fiscal year.

Who are the top shareholders of the Narendra Prop.?

The top shareholders of Narendra Prop. include promoter Navin C Maher with 17.28%, public shareholder Jagdish Maher at 5.39%, and individual investors collectively holding 25.29%. There are no mutual funds or foreign institutional investors involved.

The top shareholders of Narendra Prop. are primarily the promoters, with Navin C Maher holding the largest share at 17.28%. The highest public shareholder is Jagdish Maher, who owns 5.39%. Additionally, individual investors collectively hold 25.29% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

Is Narendra Prop. overvalued or undervalued?

As of November 11, 2024, Narendra Prop. is considered overvalued and risky, with a PE ratio of 28.60, a Price to Book Value of 0.76, and an EV to EBIT of -28.42, indicating poor financial health and underperformance compared to the Sensex.

As of 11 November 2024, the valuation grade for Narendra Prop. has moved from very attractive to risky, indicating a significant shift in the company's perceived value. The company is currently considered overvalued. Key ratios include a PE ratio of 28.60, a Price to Book Value of 0.76, and an EV to EBIT of -28.42, which raises concerns about its profitability and financial health.<BR><BR>In comparison to its peers, Narendra Prop. has a PE ratio that is notably higher than many in the realty sector, while its EV to EBITDA ratio also reflects negative performance, suggesting inefficiencies. For instance, other companies in the industry may have more favorable ratios, highlighting the risk associated with investing in Narendra Prop. Additionally, the stock has underperformed relative to the Sensex over the past year, with a return of -9.86% compared to the Sensex's 7.60%, further supporting the view that the stock is overvalued at its current price of 39.60.

What is the technical trend for Narendra Prop.?

As of April 30, 2025, Narendra Prop. shows a mildly bearish trend overall, influenced by daily moving averages and the monthly MACD, despite some mildly bullish indicators on the weekly charts.

As of 30 April 2025, the technical trend for Narendra Prop. has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the monthly MACD shows a mildly bearish trend. The moving averages on a daily basis are mildly bearish, and the Bollinger Bands reflect a bullish outlook on the weekly chart but mildly bearish on the monthly chart. The KST is mildly bullish weekly and mildly bearish monthly, while Dow Theory supports a mildly bullish view on both weekly and monthly time frames. Overall, the current technical stance is mildly bearish, influenced primarily by the daily moving averages and the monthly MACD.

Has Narendra Prop. declared dividend?

Narendra Properties Ltd has declared a 10% dividend, amounting to 1 per share, with an ex-date of September 21, 2023. Despite the dividend declaration, the yield is 0%, and total returns have varied, showing significant growth over 3 to 5 years but negative returns in the shorter terms.

Narendra Properties Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 21 Sep 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>Over the 6-month period, the price return was -7.14%, the dividend return was 0%, resulting in a total return of -7.14%.<BR><BR>In the 1-year period, the price return was -5.82%, the dividend return was 0%, leading to a total return of -5.82%.<BR><BR>For the 2-year period, the price return was 17.9%, the dividend return was 3.92%, culminating in a total return of 21.82%.<BR><BR>During the 3-year period, the price return was 114.29%, the dividend return was 5.95%, resulting in a total return of 120.24%.<BR><BR>In the 4-year period, the price return was 156.58%, the dividend return was 5.65%, leading to a total return of 162.23%.<BR><BR>Over the 5-year period, the price return was 122.22%, the dividend return was 6.29%, resulting in a total return of 128.51%.<BR><BR>Overall, while Narendra Properties Ltd has declared a dividend, the dividend yield remains at 0%. The total returns indicate significant growth over longer periods, particularly in the 3 to 5-year spans, despite negative returns in the shorter terms.