Novateor Research Laboratories Ltd

Novateor Research Laboratories Ltd (NOVATEOR) is a micro-cap Consumer Goods company valued at ₹24 crore operating in Personal Care on the NSE and BSE.

Recent price move

Novateor Research Laboratories Ltd last traded at ₹39, up 4.00% on the day.

Recent developments

On 2026-03-31, the company reported its latest quarter results, showing revenue of ₹1 crore, flat with the prior year's quarter, but down 31.3% from the same quarter a year earlier. The company's revenue has grown at a 44.9% annual rate over the past three years and 82.3% over the past five years.

Financial performance

The company's revenue grew 37.8% annually, but net profit remained at ₹0 crore, with a net profit margin that fell 0.2 percentage points to 2.6%. The latest quarter saw revenue drop 31.3% year-on-year to ₹1 crore, while net profit stayed at ₹0 crore, though it rose 140.0% from the previous quarter's ₹0 crore.

Valuation multiples

The stock trades at 229.4 times earnings, 1.90 times book value.

Things to watch

The company has not reported any net profit in the latest fiscal year or the latest quarter, despite revenue growth. The net profit margin has declined, and the company's return on equity is very low at 0.9%. The stock is trading at its 52-week high, but the company's net profit remains at zero.

Where it stands

Novateor Research Laboratories Ltd has seen strong revenue growth, but net profit remains at zero. The stock is at its 52-week high, but the company's financials show no profitability. The most significant figure is the company's revenue, which has grown rapidly over the past five years.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.