National Fitting

Why is National Fittings Ltd falling/rising?

As of 02-Sep, National Fittings Ltd's stock price is Rs 231.85, having risen 4.98% today and 32.49% over the past week. The stock has significantly outperformed the benchmark Sensex, increasing 37.19% year-to-date, despite a drop in investor participation.

As of 02-Sep, National Fittings Ltd's stock price is rising, currently at Rs 231.85, reflecting a change of Rs 11.0 or 4.98%. The stock has shown significant performance over various periods, with a remarkable increase of 32.49% over the past week and 55.87% over the past month, while the benchmark Sensex has declined by 1.17% and 1.95%, respectively. Year-to-date, the stock has risen by 37.19%, contrasting sharply with the Sensex's drop of 10.15%. <BR><BR>Today, the stock opened with a gain of 4.98% and has been on a consecutive gain streak for the last seven days, accumulating a total return of 42.02% during this period. It is also close to its 52-week high, just 1.36% away from Rs 235. Furthermore, National Fittings Ltd is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.<BR><BR>Despite a notable decrease in investor participation, with delivery volume falling by 80.54% against the 5-day average, the stock remains liquid enough for trading. Overall, the combination of strong recent performance, positive price movements, and outperformance against the sector contributes to the rising stock price of National Fittings Ltd.

Which are the latest news on National Fitting?

Should I buy, sell or hold National Fittings Ltd?

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.

The management team of National Fitting includes the following individuals:<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>If you need more specific information about any of these members or their roles, feel free to ask!

What does National Fitting do?

National Fittings Ltd manufactures SG Iron and Stainless Pipe Fittings and Ball Valves, operating in the Iron & Steel Products industry. As of June 2026, it reported net sales of 27 Cr and a net profit of 4 Cr, with a market cap of INR 191 Cr.

Overview: <BR>National Fittings Ltd manufactures and markets SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves, operating within the Iron & Steel Products industry and classified as a Micro Cap company.<BR><BR>History: <BR>National Fittings Limited was initially incorporated as 'Interfit Techno Products Limited' in 1993. The company changed its name to 'National Fittings Limited' in 2013. The latest quarterly results report net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 27 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 4 Cr (Quarterly Results - Jun 2026) <BR>Market-cap: INR 191 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.48% <BR>Debt Equity: -0.39 <BR>Return on Equity: 11.71% <BR>Price to Book: 1.94<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

Who are the peers of the National Fitting?

National Fitting's peers include Shah Alloys, Rudra Global, Bansal Roofing, and others, with varying management risks and growth ratings. National Fitting has an average management risk, excellent capital structure, and a 1-year return of 22.65%, while Shah Alloys leads in returns at 89.92%.

Peers: The peers of National Fitting are Shah Alloys, Rudra Global, Bansal Roofing, Vibhor Steel, Sh. Bajrang All., Incredible Indus, Maiden Forgings, Jay Bee Laminati, Surani Steel Tub, and Kritika Wires.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bansal Roofing and Jay Bee Laminati, while Average management risk is found at National Fitting, Shah Alloys, and Rudra Global. Below Average management risk is noted at Vibhor Steel, Sh. Bajrang All., Incredible Indus, Maiden Forgings, Surani Steel Tub, and Kritika Wires. Growth ratings show that Bansal Roofing has Good growth, while Average growth is seen at National Fitting, Shah Alloys, Rudra Global, and Jay Bee Laminati. The rest have Below Average growth. For Capital Structure, National Fitting stands out with Excellent, while Good is noted at Bansal Roofing and Jay Bee Laminati, and the rest have Below Average.<BR><BR>Return Snapshot: Shah Alloys has the highest 1-year return at 89.92%, while Rudra Global has the lowest at -31.45%. National Fitting's 1-year return of 22.65% is significantly higher than Rudra Global's. Additionally, Incredible Indus, Vibhor Steel, Sh. Bajrang All., and Surani Steel Tub all have negative six-month returns.

How big is National Fitting?

As of 31st August, National Fittings Ltd has a market capitalization of 191.00 Cr, with recent net sales of 45.02 Cr and a net profit of 4.35 Cr. The company's shareholder's funds are 89.05 Cr, and total assets amount to 119.84 Cr as of March 2026.

As of 31st August, National Fittings Ltd has a market capitalization of 191.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest three quarters, the company reported Net Sales of 45.02 Cr and a Net Profit of 4.35 Cr. This reflects the financial performance over the periods ending in December 2018, September 2018, and June 2018.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds of 89.05 Cr and Total Assets of 119.84 Cr.

When is the next results date for National Fittings Ltd?

The next results date for National Fittings Ltd is 05 August 2026.

The next results date for National Fittings Ltd is scheduled for 05 August 2026.

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.

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.