Natl. Gen. Inds.

Why is National General Industries Ltd falling/rising?

As of 01-Sep, National General Industries Ltd's stock price is rising to 59.78, driven by strong recent performance and increased investor interest, despite underlying challenges such as operating losses and declining profits. The stock's positive trend is supported by trading above moving averages and higher delivery volumes.

As of 01-Sep, National General Industries Ltd's stock price is rising, currently at 59.78, with a change of 0.13 (0.22%) upwards. This upward movement can be attributed to several factors. The stock has shown strong performance over the past week, with a return of +1.32%, while the benchmark Sensex has declined by -0.92%. Additionally, the stock is trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive trend.<BR><BR>Moreover, there has been a notable increase in investor participation, with delivery volume rising by 25.3% against the 5-day average, suggesting growing interest in the stock. The liquidity of the stock is also favorable, as it is liquid enough for trading purposes.<BR><BR>However, it is important to note that despite the current rise, the company faces significant challenges, including operating losses and a weak long-term fundamental strength, as indicated by a poor EBIT to Interest ratio of -1.09 and negative EBITDA of Rs. -2.24 cr. While the stock has generated an 8.69% return over the past year, the company's profits have fallen by -80%, which poses risks for investors. Nonetheless, the immediate price increase reflects positive short-term market sentiment and investor activity.

Which are the latest news on Natl. Gen. Inds.?

Who are in the management team of Natl. Gen. Inds.?

The management team of Natl. Gen. Inds. includes Pawan Kumar Modi (Chairman, Managing Director, CFO), Vasu Modi (Director), Vandana Gupta (Company Secretary), and several independent directors: Anirudh Vimalkumar Goenka, Anantshri Gupta, and Sanjana Bharat, along with Manhar Modi (Director).

The management team of Natl. Gen. Inds. includes the following individuals:<BR><BR>1. **Pawan Kumar Modi** - Chairman, Managing Director, and Chief Financial Officer<BR>2. **Vasu Modi** - Director<BR>3. **Vandana Gupta** - Company Secretary and Compliance Officer<BR>4. **Anirudh Vimalkumar Goenka** - Independent Director<BR>5. **Anantshri Gupta** - Independent Director<BR>6. **Sanjana Bharat** - Independent Director<BR>7. **Manhar Modi** - Director<BR><BR>If you have any more questions about the company or its management, feel free to ask!

What does Natl. Gen. Inds. do?

National General Industries Ltd operates in the Iron & Steel Products industry as a Micro Cap company, reporting net sales of 3 Cr and a net profit of 1 Cr for June 2026. It was established in 1967 and became a public limited company in 1993.

Overview: <BR>National General Industries Ltd operates in the Iron & Steel Products industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>The company commenced operations in 1967 as a sole proprietorship and transitioned to a partnership in 1986. It was incorporated as a Private Limited Company in January 1987 and later converted to a Public Limited Company in September 1993. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 3 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 1 Cr (Quarterly Results - Jun 2026) <BR>Market cap: INR 27 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 25 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.22 <BR>Return on Equity: -0.76% <BR>Price to Book: 0.73<BR><BR>Contact Details: <BR>Address: 3rd Flr Surya Plaza K-185/1, Sarai Julena New Friends Colny New Delhi New Delhi : 110025 <BR>Tel: 91-011-26829517/26829519 <BR>Email: cs@modisteel.net <BR>Website: http://www.modisteel.com

Who are the peers of the Natl. Gen. Inds.?

Peers of Natl. Gen. Inds. include Umiya Tubes, Ashirwad Steels, Inducto Steel, Rathi Bars, Unison Metals, Rish.Digh.Steel, and Kalana Ispat. Inducto Steel shows the best growth and returns, while Rathi Bars has the lowest performance metrics.

Peers: The peers of Natl. Gen. Inds. are Umiya Tubes, Ashirwad Steels, Inducto Steel, Rathi Bars, Unison Metals, Rish.Digh.Steel, and Kalana Ispat.<BR><BR>Quality Snapshot: Below Average management risk is observed at Umiya Tubes, Inducto Steel, Natl. Gen. Inds., Rathi Bars, Unison Metals, and Kalana Ispat, while Average management risk is found at Ashirwad Steels and Rish.Digh.Steel. Growth is rated as Good for Inducto Steel, Average for Umiya Tubes, and Below Average for Ashirwad Steels, Natl. Gen. Inds., Rathi Bars, Unison Metals, and Kalana Ispat, with Rish.Digh.Steel also rated Below Average. Capital Structure is rated as Average for Kalana Ispat, and Below Average for Umiya Tubes, Ashirwad Steels, Inducto Steel, Natl. Gen. Inds., Rathi Bars, Unison Metals, and Rish.Digh.Steel.<BR><BR>Return Snapshot: Inducto Steel has the highest 1-year return at 13.17%, while Rathi Bars has the lowest at -46.68%. Natl. Gen. Inds. has a 1-year return of 9.19%, which is higher than Rathi Bars but lower than Inducto Steel. Additionally, Rathi Bars, Unison Metals, and Kalana Ispat all have negative six-month returns.

How big is Natl. Gen. Inds.?

As of 31st August, National General Industries Ltd has a market capitalization of 27.00 Cr, with recent net sales of 10.55 Cr and a net profit of 0.49 Cr. Shareholder's funds are 36.28 Cr, and total assets amount to 39.74 Cr as of March 2025.

As of 31st August, National General Industries Ltd has a market capitalization of 27.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 10.55 Cr and a Net Profit of 0.49 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 36.28 Cr and Total Assets of 39.74 Cr.

Should I buy, sell or hold National General Industries Ltd?

When is the next results date for National General Industries Ltd?

The next results date for National General Industries Ltd is 14 August 2026.

The next results date for National General Industries Ltd is scheduled for 14 August 2026.

Are National General Industries Ltd latest results good or bad?

National General Industries Ltd's latest results are mixed but lean negative, showing a net profit of ₹0.15 crore mainly due to other income, despite a 29.38% increase in net sales. The company continues to face significant operational inefficiencies, with a deeply negative operating margin of -11.36%, raising concerns about its long-term sustainability.

National General Industries Ltd's latest results present a mixed picture, leaning towards the negative side overall. While the company reported a net profit of ₹0.15 crore for Q3 FY26, which is an improvement from a loss of ₹0.21 crore in the previous quarter, this profit is largely dependent on other income rather than core operational performance. <BR><BR>Net sales grew significantly by 29.38% quarter-on-quarter to ₹2.73 crores, indicating some positive momentum in revenue generation. However, the operating margin, excluding other income, remains deeply negative at -11.36%, reflecting ongoing operational inefficiencies and losses in core manufacturing activities. This marks the third consecutive quarter of core operating losses, raising concerns about the sustainability of the business model.<BR><BR>Additionally, the company's profitability is heavily reliant on other income, which accounted for a substantial portion of total revenues. This dependency suggests that the underlying business operations are struggling to generate adequate returns.<BR><BR>In summary, while there are some positive signs in terms of sales growth and a return to profit, the fundamental issues with operational profitability and reliance on non-operating income indicate that the overall results are not strong and suggest significant challenges ahead for National General Industries.

How has been the historical performance of Natl. Gen. Inds.?

Natl. Gen. Inds. has experienced a significant decline in net sales and profitability from Mar'20 to Mar'25, with net sales dropping from 19.60 Cr to 10.35 Cr and profit after tax decreasing from 5.80 Cr to 0.94 Cr. Despite an increase in total assets from 26.24 Cr to 39.74 Cr, the company's earnings per share fell sharply from 12.42 to 1.98, indicating a downturn in financial performance.

Answer:<BR>The historical performance of Natl. Gen. Inds. shows a declining trend in net sales and profitability over the past several years, with net sales decreasing from 19.60 Cr in Mar'20 to 10.35 Cr in Mar'25. Operating profit has fluctuated, with a notable drop to 1.68 Cr in Mar'25 from 6.24 Cr in Mar'21. Profit before tax also saw a decline, reaching 1.21 Cr in Mar'25 compared to 5.67 Cr in Mar'21. The profit after tax followed a similar trend, decreasing from 5.80 Cr in Mar'21 to 0.94 Cr in Mar'25. The company's total assets increased from 26.24 Cr in Mar'20 to 39.74 Cr in Mar'25, while total liabilities rose from 26.24 Cr to 39.74 Cr in the same period, indicating a growing debt level. The earnings per share (EPS) significantly dropped from 12.42 in Mar'21 to 1.98 in Mar'25, reflecting the overall decline in profitability.<BR><BR>Breakdown:<BR>Natl. Gen. Inds. has experienced a significant decline in net sales, which fell from 19.60 Cr in Mar'20 to 10.35 Cr in Mar'25. This decline in revenue has been accompanied by fluctuating operating profits, with the company reporting a small operating profit of 1.68 Cr in Mar'25 after a peak of 6.24 Cr in Mar'21. Profit before tax decreased from 5.67 Cr in Mar'21 to 1.21 Cr in Mar'25, and profit after tax also saw a decline from 5.80 Cr to 0.94 Cr in the same timeframe. Despite these challenges, total assets increased from 26.24 Cr to 39.74 Cr, indicating growth in the company's asset base, while total liabilities also rose correspondingly, suggesting an increase in debt levels. The earnings per share have notably decreased from 12.42 in Mar'21 to 1.98 in Mar'25, highlighting the overall downturn in profitability.

Who are the top shareholders of the Natl. Gen. Inds.?

The top shareholders of National General Industries include Modi Asset Management Private Limited with 9.04%, Mahan Syntex Pvt. Ltd. at 4.47%, and individual investors collectively holding 25.69%. There are no pledged promoter holdings, mutual funds, or foreign institutional investors involved.

The top shareholders of National General Industries include the promoters as the majority shareholders, with no pledged promoter holdings. The promoter with the highest holding is Modi Asset Management Private Limited, which holds 9.04% of the shares. The highest public shareholder is Mahan Syntex Pvt. Ltd., owning 4.47%. Additionally, individual investors collectively hold 25.69% of the company's shares. There are currently no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

Is Natl. Gen. Inds. overvalued or undervalued?

As of April 25, 2023, Natl. Gen. Inds. is considered risky and overvalued with a PE ratio of 32.61 and negative ROCE of -2.54%, underperforming the Sensex with a year-to-date return of -7.67%.

As of 25 April 2023, the valuation grade for Natl. Gen. Inds. moved from does not qualify to risky, indicating a shift in perception regarding its investment potential. The company appears to be overvalued, with a PE ratio of 32.61, an EV to EBITDA of 24.78, and a negative ROCE of -2.54%. These metrics suggest that the stock is trading at a premium compared to its earnings and capital efficiency.<BR><BR>In comparison to its peers, Natl. Gen. Inds. has a significantly higher PE ratio than JSW Steel, which stands at 64.98, and Tata Steel, which is at 51.92. Moreover, while Natl. Gen. Inds. has an EV to Sales ratio of 2.40, Jindal Steel, considered attractive, has a much lower EV to EBITDA of 11.66. The company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -7.67% compared to the Sensex's 5.66%, reinforcing the notion that it may be overvalued in the current market environment.

What is the technical trend for Natl. Gen. Inds.?

As of June 6, 2025, Natl. Gen. Inds. shows a neutral trend with mixed signals, as key indicators reflect a weakly bullish to sideways outlook across various time frames.

As of 6 June 2025, the technical trend for Natl. Gen. Inds. has changed from mildly bearish to sideways. The current stance is neutral, with key indicators showing mixed signals. The MACD is mildly bullish on both weekly and monthly time frames, while the RSI is bullish on a monthly basis but shows no signal weekly. Bollinger Bands indicate a bullish weekly trend but are mildly bearish monthly. Moving averages are mildly bearish on a daily basis, and the KST is mildly bullish weekly but bearish monthly. Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. Overall, the strength of the trend is weakly bullish to neutral, reflecting the mixed signals across different indicators.

Has Natl. Gen. Inds. declared dividend?

No Dividend History Available