Natl. Oxygen

Why is National Oxygen Ltd falling/rising?

As of 01-Sep, National Oxygen Ltd's stock price is at Rs 57.54, down 2.31%, reflecting significant underperformance with a 52.39% drop over the past year. The company's declining investor interest, negative financial health, and reduced promoter stake further indicate a lack of confidence in its future prospects.

As of 01-Sep, National Oxygen Ltd's stock price is falling, currently at Rs 57.54, reflecting a decrease of Rs 1.36 or 2.31%. This decline is part of a broader trend, as the stock has underperformed significantly over various time frames, including a year-to-date drop of 23.53% compared to a 9.71% decline in the benchmark index. Over the past year, the stock has plummeted by 52.39%, while the benchmark has only decreased by 4.26%.<BR><BR>Today's performance indicates that the stock has underperformed its sector by 1.98%, with an intraday low of Rs 57.25, marking a 2.8% drop. The stock's moving averages show it is currently higher than the 50-day average but lower than the 5-day, 20-day, 100-day, and 200-day averages, suggesting a lack of upward momentum.<BR><BR>Investor participation is also declining, as evidenced by a 12.89% drop in delivery volume compared to the 5-day average. This reduced trading activity may reflect waning interest and confidence among investors. Additionally, the company's financial health is concerning, with a negative book value and a weak long-term growth rate of -16.93% in net sales over the past five years. The company has reported negative results for the last seven consecutive quarters, with net sales and profit after tax both showing a significant decline of 55.30% in the most recent nine-month period.<BR><BR>Furthermore, the company's ability to service its debt is weak, highlighted by a poor EBIT to interest ratio of 0.95. Promoter confidence is also diminishing, as they have reduced their stake by 4.07% in the last quarter, which may signal a lack of faith in the company's future prospects. Overall, these factors contribute to the stock's ongoing decline.

Who are in the management team of Natl. Oxygen?

The management team of Natl. Oxygen includes G N Saraf (Whole-time Director), Rajesh Kumar Saraf (Managing Director), S Shanmugavadivel, Sarita Saraf, Mona Milan Parekh, and Amit Kumar Aggarwal (all Independent Directors), along with Akhil Paliwal (Company Secretary & Compliance Officer).

The management team of Natl. Oxygen includes the following individuals:<BR><BR>1. G N Saraf - Whole-time Director<BR>2. Rajesh Kumar Saraf - Managing Director<BR>3. S Shanmugavadivel - Independent Director<BR>4. Sarita Saraf - Director<BR>5. Mona Milan Parekh - Independent Director<BR>6. Akhil Paliwal - Company Secretary & Compliance Officer<BR>7. Amit Kumar Aggarwal - Independent Director<BR><BR>If you need more information about any specific member or their roles, feel free to ask!

What does Natl. Oxygen do?

National Oxygen Ltd is a micro-cap company that manufactures industrial gases in liquid and gaseous forms. As of June 2026, it reported net sales of 3 Cr and a net loss of 2 Cr, with a market cap of INR 30 Cr.

Overview:<BR>National Oxygen Ltd is a micro-cap company in the Other Chemical products industry that manufactures industrial gases in both liquid and gaseous forms.<BR><BR>History:<BR>Incorporated in December 1974, National Oxygen Ltd was promoted by RajesH Kumar Saraf. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 3 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: -2 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 30 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -4.60 <BR>Return on Equity: 105.07% <BR>Price to Book: -4.84 <BR><BR>Contact Details:<BR>Address: No 1 B 1 St Floor, Arihant Jashn 32 121 Egmore Chennai Tamil Nadu : 600008 <BR>Tel: 044-28520096 <BR>Email: contact@nolgroup.com <BR>Website: http://www.nolgroup.com

Who are the peers of the Natl. Oxygen?

Peers of Natl. Oxygen include Beezaasan Exp., DIC India, Patel Chem, Hilltone Softwar, Gagan Gases, and Snehaa Organics. Natl. Oxygen has below-average management risk, good growth, and the lowest 1-year return at -50.92% among its peers.

Peers: The peers of Natl. Oxygen are Beezaasan Exp., DIC India, Patel Chem, Hilltone Softwar, Gagan Gases, and Snehaa Organics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Patel Chem, Gagan Gases, and Snehaa Organics, while Average management risk is found at Beezaasan Exp. and DIC India. Below Average management risk is noted for Hilltone Softwar and Natl. Oxygen. In terms of growth, Good growth is seen at Natl. Oxygen, while Below Average growth is present at Beezaasan Exp., DIC India, Gagan Gases, and Snehaa Organics, with Average growth at Patel Chem and Below Average growth at Hilltone Softwar. Excellent capital structure is attributed to Beezaasan Exp., DIC India, and Patel Chem, while Good capital structure is noted for Gagan Gases, and Below Average capital structure is found at Hilltone Softwar and Natl. Oxygen.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Beezaasan Exp. at 181.32%, while the peer with the lowest is Natl. Oxygen at -50.92%. Natl. Oxygen's 1-year return is significantly lower than all peers. Additionally, Hilltone Softwar, Natl. Oxygen, Gagan Gases, and DIC India all have negative six-month returns.

How big is Natl. Oxygen?

As of 31st August, National Oxygen Ltd has a market capitalization of 30.00 Cr, with recent net sales of 18.43 Cr and a net profit of 1.70 Cr. The company's shareholder's funds show a loss of 6.11 Cr against total assets of 28.26 Cr.

As of 31st August, National Oxygen Ltd has a market capitalization of 30.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, National Oxygen reported Net Sales of 18.43 Cr and a Net Profit of 1.70 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, showing Shareholder's Funds at a loss of 6.11 Cr and Total Assets valued at 28.26 Cr.

Which are the latest news on Natl. Oxygen?

Should I buy, sell or hold National Oxygen Ltd?

Are National Oxygen Ltd latest results good or bad?

National Oxygen Ltd's latest Q4 FY26 results are poor, with a net loss of ₹1.78 crores and a 53.94% year-on-year revenue decline, marking the weakest quarterly performance in its history. The company faces significant operational challenges, indicated by a negative operating margin and negative book value, raising serious concerns about its financial viability.

National Oxygen Ltd's latest results for Q4 FY26 indicate a troubling financial situation. The company reported a net loss of ₹1.78 crores, which is a 14.84% increase in losses compared to the previous quarter. Revenue also saw a significant decline, dropping to ₹3.97 crores, which is a staggering 53.94% decrease year-on-year. This marks the weakest quarterly revenue performance in the company's history.<BR><BR>Additionally, the operating margin is deeply negative at -27.46%, reflecting severe operational challenges, as the company is unable to cover its basic costs from sales. The negative book value of ₹-15.88 per share indicates that liabilities exceed assets, which is a critical red flag for investors.<BR><BR>Overall, the financial performance suggests that National Oxygen is facing significant operational and financial distress, making the latest results decidedly bad. The combination of persistent losses, declining revenues, and negative equity raises serious concerns about the company's viability moving forward.

When is the next results date for National Oxygen Ltd?

The next results date for National Oxygen Ltd is 25 May 2026.

The next results date for National Oxygen Ltd is scheduled for 25 May 2026.

How has been the historical performance of Natl. Oxygen?

Natl. Oxygen has experienced significant financial decline, with net sales dropping from 50.61 Cr in Mar'22 to 40.58 Cr in Mar'25, and operating losses increasing, resulting in negative shareholder funds of -8.01 Cr by Mar'25. The company has faced worsening profitability, with cash flow stagnating and no inflow reported in Mar'25.

Answer:<BR>The historical performance of Natl. Oxygen has shown significant fluctuations over the years, particularly in revenue and profitability.<BR><BR>Breakdown:<BR>Natl. Oxygen's net sales have declined from 50.61 Cr in Mar'22 to 40.58 Cr in Mar'25, reflecting a downward trend in total operating income as well, which decreased from 50.61 Cr to 40.58 Cr over the same period. The company has faced increasing total expenditure, which rose from 39.18 Cr in Mar'22 to 43.05 Cr in Mar'25, contributing to operating losses. Operating profit (PBDIT) has turned negative, dropping from a profit of 12.87 Cr in Mar'22 to a loss of 2.19 Cr in Mar'25. Profit before tax has also worsened, moving from a profit of 7.63 Cr in Mar'22 to a loss of 7.00 Cr in Mar'25. Consequently, profit after tax has followed suit, declining from a profit of 7.63 Cr to a loss of 7.00 Cr. The company's financial position is further reflected in its shareholder's funds, which have turned negative, reaching -8.01 Cr in Mar'25, while total liabilities decreased to 31.10 Cr from 34.91 Cr in Mar'23. Cash flow from operating activities has stagnated, with no cash inflow reported in Mar'25, compared to a peak of 11.00 Cr in Mar'22. Overall, Natl. Oxygen has experienced a challenging financial trajectory, marked by declining revenues, increasing losses, and a deteriorating balance sheet.

Who are the top shareholders of the Natl. Oxygen?

The top shareholder of Natl. Oxygen is Rajesh Kumar Saraf, holding 39.64%. The highest public shareholder is F L Dadabhoy at 4.17%, while individual investors collectively own 27.42% of the shares.

The top shareholders of Natl. Oxygen include the promoters, with Rajesh Kumar Saraf holding the highest stake at 39.64%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is F L Dadabhoy, who owns 4.17%. Additionally, individual investors collectively hold 27.42% of the shares.

Is Natl. Oxygen overvalued or undervalued?

As of April 25, 2023, Natl. Oxygen is considered a risky investment due to its negative PE ratio of -8.92, overvaluation compared to peers like Linde India and Petronet LNG, and a year-to-date return of -8.93%, significantly underperforming the Sensex's 5.65% return.

As of 25 April 2023, the valuation grade for Natl. Oxygen has moved from does not qualify to risky, indicating a significant shift in its financial standing. The company is currently overvalued, as evidenced by its negative PE ratio of -8.92, an EV to EBITDA ratio of -36.76, and a ROCE of -12.77%. These ratios reflect a concerning financial health and performance relative to its peers.<BR><BR>In comparison to its industry peers, Natl. Oxygen's valuation metrics starkly contrast with Linde India's PE ratio of 139.48 and Petronet LNG's PE ratio of 11.56, highlighting the latter's more favorable valuation. The company's recent stock performance has also been underwhelming, with a year-to-date return of -8.93%, significantly lagging behind the Sensex's 5.65% return. Overall, the financial indicators and peer comparisons suggest that Natl. Oxygen is not a sound investment at its current price of 121.90.

What is the technical trend for Natl. Oxygen?

As of May 20, 2025, the technical trend for Natl. Oxygen is mildly bearish, with mixed signals from various indicators, including a mildly bullish weekly MACD and a mildly bearish monthly MACD.

As of 20 May 2025, the technical trend for Natl. Oxygen 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 daily moving averages are mildly bearish, suggesting short-term weakness. The Bollinger Bands are bullish on the weekly chart but mildly bearish on the monthly, indicating mixed signals across time frames. The KST and Dow Theory both reflect a mildly bullish outlook on the weekly, but are mildly bearish monthly. Overall, the current technical stance is mildly bearish, with key indicators such as the daily moving averages and monthly MACD contributing to this view.

Has Natl. Oxygen declared dividend?

Yes, National Oxygen Ltd has declared a 10% dividend, amounting to ₹1 per share, with an ex-date of September 18, 2013. However, the dividend yield is currently 0%, and total returns have varied significantly over different periods, showing growth in the longer term.

National Oxygen Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 18 Sep 13<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -0.8%, the dividend return was 0%, resulting in a total return of -0.8%.<BR><BR>For the 1-year period, the price return was -11.62%, the dividend return was 0%, leading to a total return of -11.62%.<BR><BR>Over the 2-year period, the price return was 42.53%, the dividend return was 0%, culminating in a total return of 42.53%.<BR><BR>In the 3-year period, the price return was 20.92%, the dividend return was 0%, resulting in a total return of 20.92%.<BR><BR>For the 4-year period, the price return was 104.28%, the dividend return was 0%, leading to a total return of 104.28%.<BR><BR>In the 5-year period, the price return was 304.57%, the dividend return was 0%, culminating in a total return of 304.57%.<BR><BR>Overall, National Oxygen Ltd has declared a dividend, but the dividend yield is currently 0%. The total returns show significant growth over longer periods, particularly in the 4 and 5-year spans, despite negative returns in the shorter terms.