Narmada Gelatines Ltd
The short version
A slow-growing, highly profitable business — priced low for what it earns.
What Narmada Gelatines does
Incorporated in 1969, Narmada Gelatines Ltd manufactures and sells Gelatine and Ossein
Worked out from Narmada Gelatines's own filed results and exchange data, in plain words. Where a finance term matters, we say what it means.
01What does it do?
Narmada Gelatines is a micro-sized company in specialty chemicals.
Incorporated in 1969, Narmada Gelatines Ltd manufactures and sells Gelatine and Ossein
- Whole company is worth
- ₹283 crore
- Run by
- Ashok Kumar Kapur B.E.
- Employees
- 198
- Shareholders
- 7,723 people
A very small company by stock-market value — prices can swing hard and trading can be thin.
02Is it growing?
Sales have grown 10% a year for 5 years.
At that pace a business doubles in size roughly every 7 years. Profit grew even faster, at 32% a year — the business is keeping more of each rupee it brings in.
03Does it make money?
Out of every ₹100 it sells, it keeps ₹15 as profit.
Here is where the money from Narmada Gelatines's sales went in FY26, the latest full year it has reported.
- ₹84Costs of running the businessstaff, rent, marketing, power and everything else
- ₹0.5Interest on its loansthe cost of borrowed money
- ₹1.4Wear and tearmachines, stores and buildings losing value over time
- ₹15Profit it keepswhat is left for the company's owners
On the money its owners have put in
It earns ₹22 a year on every ₹100 its owners have invested.
That figure is called return on equity (ROE). Above ₹20 is rare and usually means the business has something competitors struggle to copy. For comparison, a bank fixed deposit pays roughly ₹6–7.
Does the profit turn into cash?
For every ₹100 of profit it reported, ₹90 actually came in as cash.
Over the last 3 years: ₹64 crore of profit but ₹57 crore of cash. Some of the profit is tied up — often in unsold stock or money customers still owe.
04Is the price high or low?
You pay ₹8.2 for every ₹1 of profit it makes in a year.
This is the P/E ratio: share price divided by a year's profit per share. A P/E of 8.2 means buyers are paying for about 8.2 years of today's profit up front.
The share price over the past year
05Who owns it?
Its founders and parent group own 75 of every 100 shares — they control the company.
If the company were split into 100 equal shares, this is who would hold them. 7,723 people and institutions hold its shares.
As filed for the quarter ending 30 Jun 2026. Arrows show the change since the quarter before, in percentage points.
06What is going well, and what to watch
Nothing in the figures stands out as a worry.
Picked out of the numbers above by fixed rules — the same rules for every company — so nothing here is somebody's opinion.
Going well
- Earns ₹22 a year on every ₹100 of shareholders' money.
- Has almost no debt — it is not at the mercy of lenders.
- Pays a dividend of about 2.3% of its share price each year.
Worth watching
No warning signs in the figures we have.
07What happened lately?
Its latest quarter.
Apr–Jun 2026 is the most recent quarter it has reported. Each figure is compared with the same three months a year earlier, because many businesses sell more in some seasons than others.
Sales
₹56 Cr
Profit
₹8.2 Cr
No notable developments in the last few weeks.
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This page describes Narmada Gelatines using its reported figures and exchange data. It is for information only and is not investment advice or a recommendation to buy, sell or hold. DocStoX is not a SEBI-registered investment adviser or research analyst.
Narmada Gelatines Ltd (NARMADAGELATINESLTD): company summary
Narmada Gelatines Ltd (NARMADAGELATINESLTD) is a micro-cap Chemicals company valued at ₹283 crore operating in Specialty Chemicals on the NSE and BSE.
Narmada Gelatines Ltd (NARMADAGELATINESLTD) is a micro-cap Chemicals company valued at ₹283 crore operating in Specialty Chemicals on the NSE and BSE.
- Financial performance
- Revenue has been growing steadily at 4.1% a year over three years; profit grew 28.1% a year, ahead of revenue — margins are expanding. Return on equity is 21.8%.
- Valuation multiples
- The stock trades at 8.2 times earnings, 1.97 times book value. It yields 2.3%.
Generated from DocStoX data. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.
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