National Standar

What does National Standar do?

National Standard (India) Ltd is a mid-cap real estate development company, incorporated in 1962, with recent quarterly net sales of 3 Cr and net profit of 4 Cr as of March 2025. The company has a market cap of Rs 5,831 Cr and key financial metrics include a P/E ratio of 447.00 and a return on equity of 4.95%.

Overview:<BR>National Standard (India) Ltd is engaged in real estate development and operates within the mid-cap segment of the realty industry.<BR><BR>History:<BR>The company was incorporated on August 20, 1962, and changed its name from National-Standard Duncan Limited to National Standard (India) Limited in September 2003. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 4 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 5,831 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 447.00 <BR>Industry P/E: 275 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.00 <BR>Return on Equity: 4.95% <BR>Price to Book: 22.13 <BR><BR>Contact Details:<BR>Address: 412 Fl-4 17G Vardhaman Chamber, Horniman Circle Fort Mumbai Maharashtra : 400001 <BR>Tel: 91-022-23024400 <BR>Email: investors.nsil@lodhagroup.com <BR>Website: http://www.nsil.net.in

Has National Standar declared dividend?

No Dividend History Available

When is the next results date for National Standar?

National Standar will declare its results on July 17, 2025.

National Standar will declare its results on 17 July 2025.

Who are the peers of the National Standar?

Peers of National Standar include Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, Raymond Realty, Marathon Nextgen, Raymond, Hubtown, and Arkade. National Standar has Below Average management risk, Good capital structure, and a 1-year return of -47.72%, the lowest among its peers.

Peers: The peers of National Standar are Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, Raymond Realty, Marathon Nextgen, Raymond, Hubtown, and Arkade.<BR><BR>Quality Snapshot: Excellent management risk is observed at Raymond, while Average management risk is found at Mahindra Life, Puravankara, Sunteck Realty, and Arkade, and the rest. Below Average management risk is present at TARC Ltd, Marathon Nextgen, Hubtown, and National Standar. Growth ratings show Average growth at Marathon Nextgen and National Standar, Below Average growth at Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, and the rest, while Raymond Realty does not qualify. Capital Structure ratings indicate Good capital structure at National Standar, Excellent at Arkade, and Below Average at Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, Marathon Nextgen, Raymond, and Hubtown.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Hubtown at 66.34%, while the lowest is National Standar at -47.72%. National Standar's 1-year return is significantly lower than that of Hubtown. Additionally, Mahindra Life, Puravankara, Sunteck Realty, TARC Ltd, and Marathon Nextgen all have negative six-month returns.

Who are in the management team of National Standar?

As of March 2023, the management team of National Standar includes Smita Ghag (Chairperson), K L Arimpur, Ravi Dodhia (Directors), Madhur Mittal (Company Secretary), and several Independent Directors: Bhushan Shah, Prakash Lavji Vaghela, Vinod Panalal Shah, and Ritika Bhalla. They collectively oversee the company's governance and compliance.

As of March 2023, the management team of National Standar includes the following individuals:<BR><BR>1. Smita Ghag - Chairperson<BR>2. Bhushan Shah - Independent Director<BR>3. Prakash Lavji Vaghela - Independent Director<BR>4. K L Arimpur - Director<BR>5. Madhur Mittal - Company Secretary & Compliance Officer<BR>6. Vinod Panalal Shah - Independent Director<BR>7. Ritika Bhalla - Independent Director<BR>8. Ravi Dodhia - Director<BR><BR>These members play various roles within the company, contributing to its governance and compliance.

Who are the top shareholders of the National Standar?

The top shareholders of National Standar include Macrotech Developers Limited with 73.94%, followed by public shareholder Gurpreet Kaur Shinh at 6.8%, and individual investors holding 21.06%. There are no mutual funds or foreign institutional investors in the company's shareholding.

The top shareholders of National Standar are primarily its promoters, with Macrotech Developers Limited holding the largest share at 73.94%. The highest public shareholder is Gurpreet Kaur Shinh, who owns 6.8%. Additionally, individual investors collectively hold 21.06% of the shares. There are currently no mutual funds or foreign institutional investors involved in the company's shareholding.

Is National Standar overvalued or undervalued?

As of July 18, 2025, National Standar is considered overvalued and risky due to its extremely high PE ratio of 433.28, negative EV to EBIT and EBITDA ratios, low ROCE of 1.94%, and poor stock performance with a year-to-date return of -42.79%, contrasting sharply with its peers and the positive market trend.

As of 18 July 2025, the valuation grade for National Standar has moved from very expensive to risky, indicating a significant shift in its perceived value. The company is currently assessed as overvalued, given its exceptionally high PE ratio of 433.28 and negative EV to EBIT and EV to EBITDA ratios of -2631.44 and -2659.44, respectively. Additionally, the ROCE stands at a mere 1.94%, and the ROE is 4.24%, which further underscores the company's financial challenges.<BR><BR>In comparison to its peers, National Standar's valuation metrics are starkly higher than Mahamaya Steel, which has a PE ratio of 82.12 and is classified as very expensive, and Azad India, also risky, with a PE of 559.62. The company’s recent stock performance has been notably poor, with a year-to-date return of -42.79%, contrasting sharply with the Sensex's positive return of 4.63% over the same period. This further reinforces the conclusion that National Standar is overvalued in the current market environment.

How big is National Standar?

As of 24th July, National Standard (India) Ltd has a market capitalization of 5,040.00 Cr, with recent Net Sales of 22.30 Cr and a Net Profit of 11.54 Cr. Shareholder's Funds are 272.34 Cr and Total Assets are 276.92 Cr as of March 2025.

As of 24th July, National Standard (India) Ltd has a market capitalization of 5,040.00 Cr, classifying it as a Mid Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 22.30 Cr and a Net Profit of 11.54 Cr.<BR><BR>As of March 2025, the Shareholder's Funds amounted to 272.34 Cr, while the Total Assets were valued at 276.92 Cr.

How has been the historical performance of National Standar?

National Standar has shown fluctuating financial performance, with net sales increasing from 5.39 Cr in Mar'20 to 22.33 Cr in Mar'25, but profitability metrics like operating profit and profit after tax peaked in Mar'22 and declined by Mar'25. Despite growth in total assets, cash flow turned negative in Mar'25, indicating challenges in maintaining profitability.

Answer:<BR>The historical performance of National Standar shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>National Standar's net sales have seen a gradual increase from 5.39 Cr in Mar'20 to 22.33 Cr in Mar'25, with a peak of 25.46 Cr in Mar'22. Total operating income followed a similar pattern, reaching 22.33 Cr in Mar'25, while total expenditure (excluding depreciation) rose from 6.20 Cr in Mar'20 to 22.17 Cr in Mar'25. Operating profit (PBDIT) exhibited volatility, peaking at 34.11 Cr in Mar'22 before declining to 18.29 Cr in Mar'25. Profit before tax also fluctuated, with a high of 33.92 Cr in Mar'22 and a decrease to 18.27 Cr in Mar'25. Profit after tax mirrored this trend, peaking at 24.61 Cr in Mar'22 and dropping to 13.20 Cr in Mar'25. The company's earnings per share (EPS) peaked at 12.3 in Mar'22 but fell to 6.6 in Mar'25. On the balance sheet, total assets increased from 212.12 Cr in Mar'20 to 276.92 Cr in Mar'25, while total liabilities rose from 212.12 Cr to 276.92 Cr over the same period. Cash flow from operating activities turned negative in Mar'25 at -8.00 Cr, contrasting with positive cash flows in previous years. Overall, National Standar's financial performance reflects significant growth in sales and assets, but also highlights challenges in maintaining profitability and cash flow stability in recent years.

Is National Standar technically bullish or bearish?

As of December 4, 2025, the technical trend has shifted to a bearish stance, driven by bearish signals from moving averages and MACD, despite some mixed indicators like the monthly RSI showing bullishness.

As of 4 December 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this include the bearish signals from the daily moving averages and the monthly MACD, which is also bearish. The weekly Bollinger Bands and KST are bearish, while the Dow Theory indicates a mildly bearish stance on both weekly and monthly time frames. The RSI shows a bullish signal on the monthly but lacks clarity on the weekly, contributing to the overall bearish outlook.

Are National Standard (India) Ltd latest results good or bad?

National Standard (India) Ltd's latest results show a significant increase in net profit and sales, but the company faces serious operational challenges, including an operating loss and reliance on non-operating income. Overall, caution is advised for investors due to these underlying weaknesses.

The latest results for National Standard (India) Ltd present a mixed picture. On one hand, the company reported a significant quarter-on-quarter increase in net profit, rising by 330.30% to ₹4.26 crore in Q2 FY26. Additionally, net sales surged to ₹17.25 crore, reflecting a remarkable year-on-year growth of 353.95%. However, these positive figures are overshadowed by serious operational challenges.<BR><BR>Despite the increase in sales, the company posted an operating loss of ₹0.36 crore, leading to a negative operating margin of -2.09%. This indicates that the core real estate operations are struggling to generate profits. Furthermore, the profitability is heavily reliant on other income, which accounted for 106.19% of the profit before tax, raising concerns about the sustainability of earnings.<BR><BR>The return on equity (ROE) stands at a low 6.15%, which is below industry standards, suggesting inefficiencies in capital utilization. The company’s stock has also underperformed significantly compared to the broader real estate sector, declining by 56.70% over the past year.<BR><BR>In summary, while there are some positive indicators in terms of profit and sales growth, the underlying operational weaknesses and reliance on non-operating income paint a concerning picture for the company's future. Caution is advised for investors considering the stock.

Should I buy, sell or hold National Standard (India) Ltd?

Why is National Standard (India) Ltd falling/rising?

As of 04-Mar, the stock price of National Standard (India) Ltd is experiencing a slight increase, currently at 1,306.00, but it has significantly underperformed over the past year and three years, with declines of 64.22% and 72.94%, respectively. The stock's bearish trend, low investor interest, and fundamental challenges raise concerns about its long-term growth prospects.

As of 04-Mar, the stock price of National Standard (India) Ltd is rising slightly, with a current price of 1,306.00, reflecting a change of 2.15 (0.16%) upward. This increase comes after a trend reversal, as the stock has gained after four consecutive days of decline. Today, it reached an intraday high of Rs 1,339.95, indicating some positive momentum.<BR><BR>However, despite this short-term rise, the stock has shown significant underperformance over longer periods. For instance, it has declined by 64.22% over the past year and 72.94% over the last three years, while the benchmark Sensex has increased by 8.39% and 32.28%, respectively. The stock's performance over the past month is also concerning, with a drop of 18.44%, compared to a 5.61% decline in the Sensex.<BR><BR>The stock is currently trading below its moving averages across various time frames, which suggests a bearish trend. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 52.08% against the five-day average. This lack of interest from investors may indicate a lack of confidence in the stock's future performance.<BR><BR>Furthermore, the company faces several challenges, including poor management efficiency, as evidenced by a low return on equity (ROE) of 6.15% and negative EBITDA. The operating profit has also declined at an alarming rate of -212.72% over the last five years, which raises concerns about its long-term growth prospects. The low cash reserves and the fact that domestic mutual funds hold no stake in the company further highlight the risks associated with investing in National Standard (India) Ltd.<BR><BR>In summary, while there is a slight rise in the stock price today, the overall trend and fundamental issues suggest that the stock is still under significant pressure, reflecting a complex situation for investors.

Which are the latest news on National Standar?