Narendra Prop.

What does Narendra Prop. do?

Narendra Properties Ltd is a micro-cap real estate company specializing in commercial and residential property development, with a market cap of Rs 28 Cr. As of March 2025, it reported net sales of 4 Cr and a net profit of 0 Cr.

Overview: <BR>Narendra Properties Ltd is a leading real estate company engaged in commercial and residential property development, operating within the micro-cap market in the realty industry.<BR><BR>History: <BR>Narendra Properties Ltd was incorporated in 1995 and has been involved in property development and civil construction for over 40 years. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 4 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 28 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 29.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 2.47% <BR>Price to Book: 0.76 <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

Who are in the management team of Narendra Prop.?

As of March 2022, the management team of Narendra Prop. includes Chirag N Maher (Managing Director & CEO), Narendra Sakariya, Nishank Sakariya, Preeti S Maher, Narendra C Maher, Mahendra K Maher (all Directors), and independent directors Babubhai P Patel, K S Subramanian, and Kavita Patel. They collectively contribute to the company's governance and strategic direction.

As of March 2022, 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>These members play various roles within the company, contributing to its governance and strategic direction.

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.

Who are the peers of the Narendra Prop.?

Narendra Prop.'s peers include DLF, Macrotech Development, Godrej Properties, Prestige Estates, Oberoi Realty, Kamanwala Housing, Prime Urban, Krishna Ventures, and IITL Projects. In terms of management risk, growth, and capital structure, Narendra Prop. shows average performance, with a 1-year return of -5.93%.

Peers: The peers of Narendra Prop. are DLF, Macrotech Devel., Godrej Propert., Prestige Estates, Oberoi Realty, Kamanwala Housin, Prime Urban, Krishna Vent., and IITL Projects.<BR><BR>Quality Snapshot: Excellent management risk is observed at Macrotech Devel. and Oberoi Realty, while Average management risk is found at DLF, Godrej Propert., Prestige Estates, and Narendra Prop. Below Average management risk is seen at Kamanwala Housin and Krishna Vent., and the rest have management risk that does not qualify. In terms of Growth, Excellent growth is noted at Macrotech Devel. and Oberoi Realty, while Average growth is found at DLF and the rest, with Below Average growth at Godrej Propert., Prestige Estates, Narendra Prop., Kamanwala Housin, and Krishna Vent. Capital Structure ratings show Good at DLF and Narendra Prop., Excellent at Oberoi Realty, and Below Average at Macrotech Devel., Godrej Propert., Prestige Estates, Kamanwala Housin, and Krishna Vent., with the rest not qualifying.<BR><BR>Return Snapshot: Kamanwala Housin has the highest 1-year return at 31.13%, while Krishna Vent. has the lowest at -70.93%. Narendra Prop.'s 1-year return is -5.93%, which is higher than Krishna Vent.'s but lower than Kamanwala Housin's. Additionally, several peers, including Godrej Propert., Prestige Estates, Oberoi Realty, and others, have negative six-month returns.

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.

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.

When is the next results date for Narendra Prop.?

The next results date for Narendra Prop. is 01 August 2025.

The next results date for Narendra Prop. is scheduled for 01 August 2025.

How big is Narendra Prop.?

As of 24th July, Narendra Properties Ltd has a market capitalization of 28.00 Cr, with Net Sales of 7.36 Cr and a Net Profit of 0.93 Cr reported in the latest four quarters. The company's Shareholder's Funds are 37.40 Cr and Total Assets amount to 37.90 Cr as of March 2024.

As of 24th July, Narendra Properties Ltd has a market capitalization of 28.00 Cr, classified as a Micro Cap.<BR><BR>In the latest four quarters, the company reported Net Sales of 7.36 Cr and a Net Profit of 0.93 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 37.40 Cr and Total Assets of 37.90 Cr.

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.

Are Narendra Properties Ltd latest results good or bad?

The latest results for Narendra Properties Ltd are concerning, as despite a 100% increase in net profit to ₹0.80 crore, the company faces significant operational challenges, including an operating loss and volatile revenue. Investors should be cautious due to reliance on non-operating income and deteriorating return on equity.

The latest results for Narendra Properties Ltd present a mixed picture, leaning towards the negative due to several concerning factors. While the company reported a net profit of ₹0.80 crore for Q3 FY26, which is a 100% increase from the previous quarter, this improvement is overshadowed by significant issues.<BR><BR>The net profit margin improved to 22.04%, but this figure is heavily influenced by other income, which accounted for 24.24% of total income. The core operations generated an operating loss of ₹0.04 crore, indicating that the company's primary business activities are struggling. Additionally, revenue generation remains highly volatile, with alternating quarters showing zero sales, which raises serious questions about the sustainability of its business model.<BR><BR>Over the past seven quarters, the company has faced extreme revenue fluctuations, typical of project-based real estate developers but particularly pronounced in this case. The return on equity (ROE) has also deteriorated significantly from an average of 14.50% to just 4.12%, reflecting ongoing challenges in profitability.<BR><BR>Overall, while there are some positive indicators, such as a debt-free balance sheet and recent profitability improvements, the fundamental weaknesses in operational performance and revenue consistency suggest that the latest results are more concerning than promising. Investors should be cautious, as the company's reliance on non-operating income and the volatility in sales could pose risks to future performance.

Should I buy, sell or hold Narendra Properties Ltd?

Why is Narendra Properties Ltd falling/rising?

As of 04-Mar, Narendra Properties Ltd's stock price is declining at Rs 33.01, down 7.01% with significant underperformance against the market and its sector. The stock is trading below key moving averages, indicating bearish sentiment amid broader sector challenges.

As of 04-Mar, Narendra Properties Ltd is experiencing a decline in its stock price, currently at Rs 33.01, which reflects a change of -2.49 (-7.01%). This drop is evident in the stock's performance over various periods, with a 1-week decline of -4.95%, a 1-month decrease of -8.31%, and a year-to-date fall of -12.65%. In contrast, the benchmark Sensex has shown less severe declines during these periods, indicating that Narendra Properties Ltd is underperforming relative to the market.<BR><BR>Today's trading session has also highlighted negative trends, with the stock underperforming its sector by -4.29%. It reached an intraday low of Rs 32.91, marking a decrease of -7.3%. Furthermore, the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals bearish sentiment.<BR><BR>The construction and real estate sector, in which Narendra Properties operates, has also faced challenges, with a sector-wide decline of -2.76%. Although there has been a slight increase in delivery volume, this has not been sufficient to counteract the overall negative trends affecting the stock. Thus, the combination of underperformance against benchmarks, sector declines, and unfavorable moving averages contributes to the falling stock price of Narendra Properties Ltd.

Which are the latest news on Narendra Prop.?