National Fitting

Why is National Fittings Ltd falling/rising?

As of 16-Jul, National Fittings Ltd's stock price is Rs 167.50, up 4.98%. This rise is driven by strong performance against the Sensex, positive moving averages, and increased investor participation.

As of 16-Jul, National Fittings Ltd's stock price is rising, currently at Rs 167.50, reflecting an increase of Rs 7.95 or 4.98%. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 11.67% compared to the Sensex's 0.58%. Additionally, the stock has shown a strong performance over the last three days, with a total return of 10.27%. <BR><BR>The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 13.07% against the 5-day average. This suggests growing interest and confidence among investors in National Fittings Ltd, contributing to the stock's rise. Overall, these factors collectively support the stock's upward trajectory.

Which are the latest news on National Fitting?

Should I buy, sell or hold National Fittings Ltd?

How big is National Fitting?

As of 10th June, National Fittings Ltd has a market capitalization of 144.00 Cr, with recent net sales of 45.02 Cr and a net profit of 4.35 Cr. Shareholder's funds are 80.98 Cr, and total assets amount to 102.80 Cr.

As of 10th June, National Fittings Ltd has a market capitalization of 144.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 45.02 Cr and a Net Profit of 4.35 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 80.98 Cr and Total Assets of 102.80 Cr.

Who are in the management team of National Fitting?

The management team of National Fitting includes A V Palaniswamy (Managing Director), R Alagar and Chenniappan Selvakumar (Non-Executive & Independent Directors), S Aravinthan (Company Secretary), and Whole-time Directors Amburose Panath Anitha and Jayaram Govindarajan, along with Independent Director Susheela Baiakrishnan. This team is responsible for overseeing the company's operations and governance.

The management team of National Fitting includes the following members:<BR><BR>1. **A V Palaniswamy** - Managing Director<BR>2. **R Alagar** - Non-Executive & Independent Director<BR>3. **S Aravinthan** - Company Secretary & Compliance Officer<BR>4. **Amburose Panath Anitha** - Whole-time Director<BR>5. **Jayaram Govindarajan** - Whole-time Director<BR>6. **Chenniappan Selvakumar** - Non-Executive & Independent Director<BR>7. **Susheela Baiakrishnan** - Independent Director<BR><BR>This team oversees the company's operations and governance. If you have any more questions about National Fitting or its management, feel free to ask!

Who are the peers of the National Fitting?

National Fitting's peers include Incredible Indus, Rathi Steel, Bansal Roofing, Kanishk Steel, Shah Alloys, Maiden Forgings, Sarthak Metals, Kritika Wires, and Pattech Fitwell. Bansal Roofing leads in 1-year returns at 10.11%, while National Fitting has a return of -16.84%, better than Sarthak Metals' -45.06%.

Peers: The peers of National Fitting are Incredible Indus, Rathi Steel, Bansal Roofing, Kanishk Steel, Shah Alloys, Maiden Forgings, Sarthak Metals, Kritika Wires, and Pattech Fitwell.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bansal Roofing and Sarthak Metals, while Average management risk is found at Rathi Steel, National Fitting, and Shah Alloys, and the rest have Below Average management risk. Growth is Excellent at Pattech Fitwell, Good at Bansal Roofing and Sarthak Metals, Average at National Fitting, Rathi Steel, and Kritika Wires, and the rest have Below Average growth. For Capital Structure, Excellent is noted at National Fitting and Sarthak Metals, Good at Bansal Roofing, Average at Rathi Steel, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Bansal Roofing at 10.11%, while the lowest is Sarthak Metals at -45.06%. National Fitting's 1-year return of -16.84% is better than Sarthak Metals but worse than Bansal Roofing. Additionally, peers with negative six-month returns include Incredible Indus, Rathi Steel, Kanishk Steel, Maiden Forgings, Sarthak Metals, and National Fitting.

What does National Fitting do?

National Fittings Ltd manufactures stainless steel pipe fittings and operates in the Iron & Steel Products industry as a Micro Cap company. As of March 2026, it reported net sales of 24 Cr and a net profit of 2 Cr, with a market cap of INR 144 Cr.

Overview:<BR>National Fittings Ltd manufactures stainless steel pipe fittings and operates within the Iron & Steel Products industry, categorized as a Micro Cap company.<BR><BR>History:<BR>National Fittings Ltd was incorporated as a public limited company on April 21, 1993, originally known as Interfit Techno Products Ltd. The company commenced production in January 1995 and the latest reported quarter for sales and profit is March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 24 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market-cap: INR 144 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 15.00 <BR>Industry P/E: 46 <BR>Dividend Yield: 0.59% <BR>Debt Equity: -0.39 <BR>Return on Equity: 10.23% <BR>Price to Book: 1.59 <BR><BR>Contact Details:<BR>Address: SF No 112 Madhapur Road, Kaniyur Village Karumathampatt Coimbatore Tamil Nadu : 641659 <BR>Tel: 91 99432 93000 <BR>Email: admin@naionalfitting.com <BR>Website: http://www.nationalfitting.com

Are National Fittings Ltd latest results good or bad?

National Fittings Ltd's latest results show strong profit growth and record revenue, but concerns about declining operating margins and reliance on non-operating income suggest a cautious outlook. Investors should monitor future performance for signs of improved operational efficiency.

National Fittings Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit for Q3 FY26, reaching ₹2.93 crores, which is a remarkable 181.70% increase year-on-year. Additionally, revenue grew by 12.63%, marking the highest quarterly revenue in the company’s history at ₹23.64 crores.<BR><BR>However, there are notable concerns regarding the quality of these earnings. The operating margin has deteriorated sharply to 8.88%, down from 13.84% a year ago, indicating operational challenges. Furthermore, a substantial portion of the profit before tax—35.62%—came from other income, raising questions about the sustainability of the profit growth derived from core operations.<BR><BR>While the stock has rallied recently, reflecting some investor optimism, the longer-term performance has been less favorable, with negative returns over the past three and six months. The company's current valuation metrics suggest it is trading at a discount compared to peers, but the underlying operational issues and reliance on non-operating income could justify this discount.<BR><BR>In summary, while the latest results show strong profit growth and revenue performance, the significant margin compression and concerns over earnings quality suggest a cautious outlook. Investors may want to monitor upcoming quarters closely to assess whether the company can stabilize its margins and improve operational efficiency.

How has been the historical performance of National Fitting?

National Fitting has shown steady growth, with profit before tax increasing from 11.97 Cr in March 2018 to 26.00 Cr in March 2025, and cash flow from operations reaching 8.00 Cr. By March 2025, total assets and cash equivalents rose significantly, reflecting a strong financial position.

Answer:<BR>The historical performance of National Fitting shows a steady growth trajectory over the years, particularly highlighted in the financial year ending March 2025.<BR><BR>Breakdown:<BR>In March 2018, National Fitting reported net sales of 61.85 Cr, with total operating income also at 61.85 Cr. The total expenditure, excluding depreciation, was 48.99 Cr, leading to an operating profit (PBDIT) of 15.38 Cr. The profit before tax stood at 11.97 Cr, resulting in a profit after tax of 7.51 Cr, which corresponds to a PAT margin of 12.15%. By March 2025, the company demonstrated significant growth, with profit before tax increasing to 26.00 Cr. The total assets rose to 102.80 Cr, while total liabilities were recorded at 102.80 Cr as well. Cash flow from operating activities showed a positive trend, reaching 8.00 Cr in March 2025, and the closing cash and cash equivalents surged to 44.00 Cr. The book value per share also improved significantly, reaching 89.15 by March 2025, indicating a robust financial position and operational efficiency over the years.

Is National Fitting overvalued or undervalued?

As of October 9, 2025, National Fitting's valuation has shifted from attractive to fair, with a PE ratio of 22.01 and strong year-to-date performance of 44.35%, indicating it is reasonably priced relative to growth potential despite a more cautious outlook.

As of 9 October 2025, the valuation grade for National Fitting has moved from attractive to fair, indicating a shift in its perceived value. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 22.01, an EV to EBITDA of 12.57, and a PEG ratio of 0.46, which suggests that the stock may be reasonably priced relative to its growth potential.<BR><BR>In comparison to its peers, National Fitting's PE ratio aligns closely with Bharat Forge at 56.41 and Ramkrishna Forging at 27.85, both of which are also rated fair, while CIE Automotive, rated attractive, has a lower PE of 20.14. Additionally, National Fitting has outperformed the Sensex significantly over various periods, with a year-to-date return of 44.35% compared to the Sensex's 5.16%. This strong performance may indicate investor confidence, but the recent grade change suggests a more cautious outlook moving forward.

When is the next results date for National Fitting?

The next results date for National Fitting is 15 October 2025.

The next results date for National Fitting is scheduled for 15 October 2025.

What is the technical trend for National Fitting?

As of June 4, 2025, National Fitting's technical trend is bullish, supported by positive MACD and Bollinger Bands indicators, although the KST shows a mildly bearish signal on the monthly chart.

As of 4 June 2025, the technical trend for National Fitting has changed from mildly bullish to bullish. The weekly and monthly MACD indicators are both bullish, supporting the positive trend. Bollinger Bands also indicate a bullish stance on both time frames. The daily moving averages confirm a bullish outlook as well. However, the KST shows a mildly bearish signal on the monthly chart, and Dow Theory indicates no clear trend on both weekly and monthly levels. Overall, the current technical stance is bullish with moderate strength, driven primarily by the MACD and Bollinger Bands.

Who are the top shareholders of the National Fitting?

The top shareholder of National Fitting is Ackanaickenpalayam Venkataswamy Palaniswamy with 34.04%, followed by Kumudha Palaniswamy at 7.37%. Individual investors hold 41.28%, with no pledged promoter holdings or foreign institutional investors involved.

The top shareholders of National Fitting include Ackanaickenpalayam Venkataswamy Palaniswamy, who holds the largest stake at 34.04%. Following him, the highest public shareholder is Kumudha Palaniswamy with a 7.37% holding. Additionally, individual investors collectively hold 41.28% of the shares. There are no pledged promoter holdings, and the company does not have any foreign institutional investors (FIIs) involved. The only mutual fund investment is from one scheme, which holds a minimal 0.01%.

Has National Fitting declared dividend?

Yes, National Fittings Ltd has declared a 15% dividend, amounting to 1.5 per share, with an ex-date of August 30, 2024. The company has shown strong total returns across various periods, with a total return of 469.46% over the past five years.

National Fittings Ltd has declared a 15% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 15%<BR>- Amount per share: 1.5<BR>- Ex-date: Aug-30-2024<BR><BR>Dividend Yield: 0.81%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 21.13%, with a dividend return of 0%, resulting in a total return of 21.13%.<BR><BR>For the 1-year period, the price return was 42.46%, the dividend return was 1.19%, leading to a total return of 43.65%.<BR><BR>Over the 2-year period, the price return was 83.44%, the dividend return was 3.31%, culminating in a total return of 86.75%.<BR><BR>In the 3-year period, the price return reached 210.59%, with a dividend return of 7.81%, resulting in a total return of 218.4%.<BR><BR>For the 4-year period, the price return was 261.69%, the dividend return was 6.46%, leading to a total return of 268.15%.<BR><BR>In the 5-year period, the price return was 457.0%, with a dividend return of 12.46%, resulting in a total return of 469.46%.<BR><BR>Overall, National Fittings Ltd has declared a significant dividend while also demonstrating strong total returns across all periods, indicating a positive financial performance for the company.