Narendra Prop.

Why is Narendra Properties Ltd falling/rising?

As of 31-Aug, Narendra Properties Ltd's stock price has risen to 38.99, reflecting a 2.58% increase. This growth is driven by strong performance over the past week and month, outperforming the Sensex, despite a decline in investor participation.

As of 31-Aug, Narendra Properties Ltd is experiencing a rise in its stock price, currently at 38.99, which reflects an increase of 0.98 or 2.58%. This upward movement can be attributed to several factors. Over the past week, the stock has gained 5.38%, significantly outperforming the Sensex, which has declined by 0.53%. Additionally, in the last month, the stock has risen by 11.37%, while the Sensex has fallen by 1.46%. <BR><BR>The stock has shown consistent performance, gaining for the last three days and achieving a total return of 4.67% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend. Despite a notable decline in investor participation, with delivery volume dropping by 85.39% against the 5-day average, the stock remains liquid enough for trading. Overall, these factors contribute to the positive momentum in the stock price of Narendra Properties Ltd.

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, and Mahendra K Maher, as well as 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!

What does Narendra Prop. do?

Narendra Properties Ltd is a Chennai-based real estate company specializing in commercial and residential property development, with a market cap of INR 27 Cr and a recent net profit of 1 Cr for Q2 2026. Established in 1995, it operates in the micro-cap market and has key metrics including a P/E of 13.00 and a dividend yield of 2.63%.

Overview:<BR>Narendra Properties Ltd is a leading Chennai-based real estate company engaged in commercial and residential property development, operating within the micro-cap market.<BR><BR>History:<BR>Incorporated in 1995, Narendra Properties Ltd has been involved in the real estate sector for over 40 years. The latest financial results reported are for the quarter ending June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 1 Cr (Quarterly Results - Jun 2026)<BR>Market-cap value: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 13.00<BR>Industry P/E: 36<BR>Dividend Yield: 2.63%<BR>Debt Equity: -0.10<BR>Return on Equity: 5.38%<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

Who are the peers of the Narendra Prop.?

Narendra Prop.'s peers include Poddar Housing, Bhanderi Infra., Citadel Realty, and others. It has average management risk and growth, with a 1-year return of -1.89%, better than Kretto Syscon but worse than Parshwanath Corp at 17.23%.

Peers: The peers of Narendra Prop. are Poddar Housing, Bhanderi Infra., Citadel Realty, Kretto Syscon, Parshwanath Corp, MPDL Ltd, Tirupati Sarjan, IITL Projects, Kamanwala Housin.<BR><BR>Quality Snapshot: Below Average management risk is observed at Poddar Housing, Bhanderi Infra., MPDL Ltd, Tirupati Sarjan, Kamanwala Housin, and the rest. Average management risk is found at Narendra Prop. and Citadel Realty, while Parshwanath Corp, IITL Projects, and Prime Urban do not qualify. Below Average growth is noted at Poddar Housing, Bhanderi Infra., Citadel Realty, Kretto Syscon, MPDL Ltd, Tirupati Sarjan, Kamanwala Housin, and the rest, while Average growth is seen at Narendra Prop. and the rest do not qualify. Good capital structure is noted at Kretto Syscon and Narendra Prop., while the rest have Below Average or do not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Parshwanath Corp at 17.23%, while Kretto Syscon has the lowest at -73.71%. Narendra Prop.'s 1-year return is -1.89%, which is better than Kretto Syscon but worse than Parshwanath Corp. Additionally, Kretto Syscon, Citadel Realty, Kamanwala Housin, and Tirupati Sarjan have negative six-month returns.

How big is Narendra Prop.?

As of 31st August, Narendra Properties Ltd has a market capitalization of 27.00 Cr, with recent Net Sales of 3.63 Cr and a Net Profit of 2.09 Cr. Shareholder's Funds are valued at 37.62 Cr, and Total Assets amount to 37.92 Cr.

As of 31st August, 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 3.63 Cr and a Net Profit of 2.09 Cr.<BR><BR>For the latest annual period ending in March 2025, the Shareholder's Funds were valued at 37.62 Cr, while the Total Assets amounted to 37.92 Cr.

Which are the latest news on Narendra Prop.?

Should I buy, sell or hold Narendra Properties Ltd?

When is the next results date for Narendra Properties Ltd?

The next results date for Narendra Properties Ltd is 11 August 2026.

The next results date for Narendra Properties Ltd is scheduled for 11 August 2026.

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.

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.