National Fitting

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%.

how big is National Fitting?

As of Mar'24, National Fittings Ltd has a market capitalization of 155.10 Cr, with net sales of 45.02 Cr and net profit of 4.35 Cr over the last three quarters. Shareholder's funds are valued at 59.35 Cr, and total assets amount to 88.25 Cr.

Market Cap: National Fittings Ltd has a market capitalization of 155.10 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest three quarters, which includes Dec'18, Sep'18, and Jun'18, is 45.02 Cr. The sum of Net Profit for the same quarters is 4.35 Cr. This data is consolidated.<BR><BR>Balance Sheet Snapshot: This is standalone data for the reporting period of Mar'24. Shareholder's Funds are valued at 59.35 Cr, while Total Assets amount to 88.25 Cr.

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.

Who are the peers of the National Fitting?

Peers of National Fitting include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others. National Fitting has average management risk, below average growth, and a good capital structure, with a 1-year return of 37.52%.

Peers: The peers of National Fitting are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Bansal Roofing, Prakash Steelage, Shah Alloys, Hisar Met.Inds., and Kanishk Steel.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes, while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, and Bansal Roofing. Average management risk is present at Jindal Saw, National Fitting, Shah Alloys, and Hisar Met.Inds. Below Average management risk is noted at Prakash Steelage and Kanishk Steel. For Growth, Excellent growth is seen at APL Apollo Tubes and Jindal Saw, while Average growth is noted at Shyam Metalics and Ratnamani Metals. Below Average growth is observed at National Fitting, Welspun Corp, Bansal Roofing, Prakash Steelage, Shah Alloys, Hisar Met.Inds., and Kanishk Steel. Excellent capital structure is found at APL Apollo Tubes, Shyam Metalics, and Ratnamani Metals, while Good capital structure is noted at National Fitting and Bansal Roofing. Below Average capital structure is present at Jindal Saw, Prakash Steelage, Shah Alloys, Hisar Met.Inds., and Kanishk Steel.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while Jindal Saw has the lowest at -22.99%. National Fitting's 1-year return of 37.52% is significantly higher than Jindal Saw's but lower than Welspun Corp's. Additionally, Ratnamani Metals, Jindal Saw, Prakash Steelage, Shah Alloys, and Hisar Met.Inds. all have negative six-month returns.

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 in the management team of National Fitting?

As of March 2023, 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 & Compliance Officer), and Amburose Panath Anitha and Jayaram Govindarajan (Whole-time Directors), along with Susheela Baiakrishnan (Independent Director). These members are responsible for the company's operations and governance.

As of March 2023, 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>These individuals play key roles in overseeing the company's operations and governance.

What does National Fitting do?

National Fittings Ltd manufactures stainless steel pipe fittings and operates in the Iron & Steel Products industry. As of March 2025, it reported net sales of 235 Cr and a net profit of 145 Cr, with a market cap of INR 159 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 Limited was incorporated as a public limited company on April 21, 1993, originally known as Interfit Techno Products Ltd. The company commenced production of its first phase in January 1995. The latest reported quarterly results indicate net sales and net profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 235 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 145 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 159 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 28.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.79% <BR>Debt Equity: -0.55 <BR>Return on Equity: 7.19% <BR>Price to Book: 1.96<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

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.

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.

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.

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.

Should I buy, sell or hold National Fittings Ltd?

Why is National Fittings Ltd falling/rising?

As of 10-Feb, the stock price of National Fittings Ltd is currently Rs 171.25, reflecting a decline of 2.23% despite earlier gains. The stock has underperformed its sector and shows a significant drop in investor participation, indicating a potential bearish trend.

As of 10-Feb, the stock price of National Fittings Ltd is falling, currently at Rs 171.25, which reflects a decrease of Rs 3.9 or 2.23%. Despite opening the day with a gain of 3.28% and reaching an intraday high of Rs 180.9, the stock has since declined to its current price, indicating a significant drop from its earlier performance. <BR><BR>The stock has underperformed its sector by 4.56% today, which suggests that while the broader market, represented by the Sensex, has shown positive movement, National Fittings Ltd has not kept pace. Additionally, the stock's performance over the last month shows a decline of 3.79%, contrasting with a 0.83% increase in the Sensex, further highlighting its recent struggles.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 62.21% compared to the 5-day average. This decline in trading activity may contribute to the stock's downward pressure. Although the stock remains above its 5-day, 20-day, and 50-day moving averages, it is below its 100-day and 200-day moving averages, indicating a potential bearish trend in the longer term. Overall, these factors collectively explain the current decline in the stock price of National Fittings Ltd.

Which are the latest news on National Fitting?