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What is the Narmadesh Brass Industries Ltd (NARMADESH) share price today?

Narmadesh Brass Industries Ltd (NARMADESH) is trading at ₹309.75 on the BSE, up 5.00% on the day. Source: DocStoX.

What is the PE ratio of Narmadesh Brass Industries Ltd?

Narmadesh Brass Industries Ltd has a price-to-earnings (PE) ratio of 10.9 in the Industrials sector.

What is the market capitalisation of Narmadesh Brass Industries Ltd?

Narmadesh Brass Industries Ltd has a market capitalisation of approximately ₹92 crore.

Narmadesh Brass Industries Ltd

NARMADESH·BSE·Industrials

₹309.75▲ +14.75 (+5.00%)

Industrials · Industrial Products

A steady, established business

Day₹294.00

₹309.75

52W₹150

₹49546%

Open

₹294.00

High

₹309.75

Low

₹294.00

Prev Close

₹295.00

Volume

65.5K

VWAP

₹309.66

Snapshot

Key fundamentals

Market Cap

₹92 Cr

P/E Ratio

10.93Cheap

P/B Ratio

1.72

EPS

₹28.35

Book Value

₹171.73

ROE

10.50%Average

ROCE

23.72%Efficient

Dividend Yield

0.00%

Debt / Equity

0.20Low

Face Value

₹10.00

52W High

₹495.00

52W Low

₹150.00

Sector

Industrials

Industry

Industrial Products

Buy

Narrow moatHigh uncertainty

Fair value estimate

₹464

▲ 49.7%upside

Trading at ₹310 — 50% below our estimate

BearFair valueBull

₹210₹464₹534

/100

Business quality — Solid

Growth 50Profitability 26Efficiency 79Valuation 94

Plain English

Our view

A steady, established business
Low debt relative to equity

Strengths

Low debt relative to equity
Capital is working hard (ROCE 24%)
Reasonably priced at 11× earnings
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

39% ROE fading to 12% over ~10 yrs, on ₹172 book

₹534

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹210

Analyst target

No analyst coverage

—

Blended fair value₹464

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Capital is working hard (ROCE 24%)
Reasonably priced at 11× earnings
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

10.9Cheap

Below 15× is value territory; above 35× prices in strong growth

ROE

10.5%Average

Above 15% is considered healthy for Indian equities

ROCE

23.7%Efficient

Above 18% means capital is working hard

Debt/Eq

0.20Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹92 Cr

P/B

1.72

EPS

₹28.35

Div Yield

—

What changed

Recent changes

Promoters-28.08% stake last quarter

What matters

News impact

Overview

Valuation

Attractive

P/E 10.9×

Growth

Strong

+17% rev CAGR

Profitability

Modest

10.5% ROE

Financial health

Rock solid

D/E 0.20

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹202.89L Cr

Trades40

VWAP₹309.66

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+16.7%

—

10Y

—

Profit

+55.1%

—

10Y

—

EPS

—

10Y

—

Profile

Pros

Company has reduced debt.
Company has a good return on equity (ROE) track record: 3 Years ROE 29.8%

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Tax rate seems low
Earnings include an other income of Rs.2.00 Cr.
Working capital days have increased from 65.7 days to 156 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Promoters trimmed their stake by 28.08 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

72%

Promoter

Promoters

71.8%-28.08

Public

25.1%+25.14

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

3.0%

Total shareholders

628+620 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter71.84%

Public25.14%

Others3.02%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Narmadesh Brass Industries Ltd. is a modern brass manufacturing company based in Jamnagar, Gujarat.[1]