What is Narmada Gelatines Ltd (SHAWGELTIN) share price return in the past 10 years?

Narmada Gelatines Ltd share price has appreciated 14.5% annually (CAGR) over the past ten years.

What is the share price of Narmada Gelatines Ltd (SHAWGELTIN)?

Company share prices are keep on changing according to the market conditions. The current trading price of Narmada Gelatines Ltd (SHAWGELTIN) on 04-Jun-2026 16:59:59 at 16:59 is 502.45.

What is the P/E ratio of Narmada Gelatines?

The latest standalone P/E ratio of Narmada Gelatines as of 04-Jun-2026 is 10.69.

What is the P/B ratio of Narmada Gelatines Ltd (SHAWGELTIN)?

The latest standalone P/B ratio of Narmada Gelatines Ltd (SHAWGELTIN) as of 04-Jun-2026 is 2.15.

What is the 52-week high and low of Narmada Gelatines Ltd (SHAWGELTIN)?

The 52-week high of Narmada Gelatines Ltd (SHAWGELTIN) is Rs. 530.00 and the 52-week low is Rs. 327.30.

Narmada Gelatines Ltd (SHAWGELTIN) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Narmada Gelatines Ltd (SHAWGELTIN)
Brand: Narmada Gelatines

Narmada Gelatines Ltd (SHAWGELTIN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526739 NSE: SHAWGELTIN Chemicals | Small Cap | Narmada Gelatines Share Price

Narmada Gelatines Ltd (SHAWGELTIN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526739 NSE: SHAWGELTIN Chemicals | Small Cap | Narmada Gelatines Share Price

Key Metrics

Valuation Multiples

Market Cap

₹304 Cr.

Current Price

₹502.5

52-Week Low / High

₹327 / 530

TTM EPS

₹47

TTM Sales

₹215 Cr.

Book Value per Share

₹233.6

P/E Ratio

10.69

Lower than its 5-year historical median

Industry PE

50.2

Price to Book (P/B)

2.15

Higher than its 5-year historical median

Price to Sales (P/S)

1.41

Higher than its 5-year historical median

EV/EBITDA

7.31

Lower than its 5-year historical median

Dividend Yield

3.14%

Profitability Efficiency

Return on Equity (ROE)

15.07%

Outperforms industry median

Return on Capital Employed (ROCE)

19.92%

Outperforms industry median

Return on Assets (ROA)

11.75%

Operating Profit Margin

13%

Net Profit Margin

9.11%

Gross Profit Margin

13.2%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

3.92%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

15.62%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

12.26%

Asset Quality

Promoter Holding

75.00%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹135 Cr.

Equity

₹6.1 Cr.

Face Value

₹10

All Time Low / High

₹5.63 / 566.15

Narmada Gelatines stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Narmada Gelatines Ltd a good quality company?

Narmada Gelatines Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Narmada Gelatines Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Narmada Gelatines Ltd vs industry peers?

Narmada Gelatines Ltd revenue CAGR is 7.07%, compared to the industry median CAGR of 7.53%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Narmada Gelatines Ltd?

Promoters hold 75.00% of the Narmada Gelatines Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Narmada Gelatines Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 10.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	12.1%	7.3%	7.1%	10.4%	13.6%	8.4%	10.9%	16.8%	20.6%	19.9%	-
Value Creation Index ⓘ	-0.1	-0.5	-0.5	-0.3	0.0	-0.4	-0.2	0.2	0.5	0.4	-
Growth Parameters ⓘ
Sales ⓘ	131	113	118	126	134	135	157	191	182	189	215
Sales YoY Gr.	-	-14.2%	4.3%	6.9%	6.8%	0.5%	16.7%	21.5%	-4.9%	3.9%	-
Adj EPS ⓘ	13.1	9.4	10.4	11.7	21.2	14	20.6	25.3	25.3	28.4	47
YoY Gr.	-	-28.3%	11.1%	11.8%	82%	-34.2%	47.4%	22.9%	0.3%	12.2%	-
BVPS (₹) ⓘ	180.1	195.9	204.6	216.2	225.5	229.4	240	155.2	180.1	197.4	233.6
Adj Net Profit ⓘ	7.9	5.7	6.3	7.1	12.8	8.4	12.4	15.3	15.3	17.2	28
Cash Flow from Ops. ⓘ	6.8	7.2	9.2	12	4.7	3.1	1.9	13.8	14.6	17	-
Debt/CF from Ops. ⓘ	0.2	0	0	0.2	0.1	0	0	0	0	0.8	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.1%	7.1%	6.3%	3.9%
Adj EPS ⓘ	9%	6.1%	11.4%	12.2%
BVPSⓘ	1%	-2.6%	-6.3%	9.6%
Share Price	14.5%	23.4%	19.2%	28.2%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	7.4	5	5.2	5.5	9.6	6.1	8.8	12.8	15.1	15.1	21.8
Op. Profit Mgn % ⓘ	8.4	3.4	4.6	7.3	10.5	5.6	9.2	10.3	11.7	13	19.2
Net Profit Mgn % ⓘ	6	5	5.4	5.6	9.6	6.3	7.9	8	8.4	9.1	13.2
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0.1	0
Working Cap Days ⓘ	4,801	226	170	150	152	180	170	143	151	147	65
Cash Conv. Cycle ⓘ	122	135	125	108	102	112	108	95	104	101	52

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	131	113	118	126	134	135	157	191	182	189
Operating Expenses ⓘ +	120	109	112	117	120	127	143	171	161	164
Manufacturing Costs	26	22	23	29	29	23	29	41	36	33
Material Costs	79	73	75	73	76	90	98	112	105	110
Employee Cost	11	10	10	11	11	11	12	14	15	16
Other Costs ⓘ	5	4	4	4	4	4	4	4	4	6
Operating Profit ⓘ	11	4	5	9	14	8	14	20	21	25
Operating Profit Margin (%)	8.4%	3.3%	4.5%	7.3%	10.5%	5.6%	9.1%	10.3%	11.7%	13.0%
Other Income ⓘ +	3	6	4	5	6	6	3	2	2	2
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	0	0	0	0	0	0	0	0	0	1
Depreciation ⓘ	1	1	1	1	1	1	2	2	2	2
Profit Before Tax ⓘ	13	8	8	13	18	11	15	20	21	23
Tax ⓘ	5	2	0	3	5	3	3	5	5	6
Profit After Tax	8	6	8	10	13	8	12	15	15	17
PAT Margin (%)	6.3%	5.4%	6.8%	8.0%	9.6%	6.3%	7.8%	8.0%	8.4%	9.1%
Adjusted EPS (₹)	13.7	10.1	13.3	16.6	21.3	14.0	20.4	25.3	25.3	28.5
Dividend Payout Ratio (%)	29.20%	39.60%	30.10%	60.10%	47%	71.50%	49%	395.80%	39.50%	35.20%

Valuation of Narmada Gelatines - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	109	119	124	131	136	139	145	94	109	119
Share Capital ⓘ	6	6	6	6	6	6	6	6	6	6
Reserves ⓘ	103	112	118	125	130	133	139	88	103	113
Debt +	2	0	0	2	0	0	0	0	0	11
Long Term Debt	0	0	0	0	0	0	0	0	0	6
Short Term Debt	2	0	0	2	0	0	0	0	0	5
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	5	10	8	12	13	15	15	13	14	17
Others Liabilities ⓘ	44	11	8	10	11	11	9	10	10	12
Total Liabilities ⓘ	160	140	140	155	161	165	170	117	134	159
Fixed Assets
Net Fixed Assets ⓘ +	23	22	25	24	26	29	27	28	27	33
Gross Block	55	22	27	26	27	33	32	34	35	42
Accumulated Depreciation	32	0	1	1	2	3	5	6	8	9
CWIP ⓘ	0	0	0	1	2	0	0	0	0	7
Investments ⓘ	34	45	53	68	65	50	48	4	10	41
Inventories	36	38	30	29	34	41	50	47	47	47
Trade Receivables	17	16	19	19	20	18	16	19	22	25
Cash Equivalents	13	14	10	10	9	12	20	9	22	0
Others Assets ⓘ	37	6	3	4	5	14	9	9	6	7
Total Assets ⓘ	160	140	140	155	161	165	170	117	134	159

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	7	7	9	12	5	3	2	14	15	17
PBT ⓘ	13	8	8	13	18	11	15	20	21	23
Adjustment ⓘ	-1	-4	-2	-4	-3	-3	-1	-0	0	2
Changes in Working Capital ⓘ	-1	4	5	5	-7	-1	-8	0	-2	-2
Tax Paid ⓘ	-4	-2	-2	-2	-3	-4	-4	-6	-5	-6
Cash Flow From Investing Activity ⓘ +	-7	-2	-2	-5	-4	6	10	44	-12	-29
Capex	-0	-0	-5	-1	-4	-4	-0	-2	-2	-15
Net Investments	-7	-3	-2	-4	-1	8	9	46	-11	-16
Others ⓘ	0	1	5	0	1	1	1	1	1	2
Cash Flow From Financing Activity ⓘ +	-2	-5	-3	-1	-9	-7	-6	-67	-0	5
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	6
Interest Paid ⓘ	-0	-0	-0	-0	-0	-0	-0	-0	-0	-1
Dividend Paid ⓘ	-3	-3	-3	-3	-7	-6	-6	-67	0	-6
Others ⓘ	0	-2	-0	2	-2	-0	0	0	0	7
Net Cash Flow ⓘ	-2	0	4	6	-8	2	6	-9	2	-6

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	7.8	5.37	6.63	7.91	9.64	6.15	8.69	12.78	15.12	15.07
ROCE (%)	12.11	7.32	7.05	10.38	13.59	8.4	10.92	16.83	20.55	19.92
Asset Turnover Ratio	0.07	0.81	0.86	0.85	0.85	0.83	0.94	1.33	1.45	1.29
PAT to CFO Conversion(x)	0.88	1.17	1.13	1.2	0.38	0.38	0.17	0.93	1	1
Working Capital Days
Receivable Days	41.20	49.30	53.60	55.50	53.40	51.40	38.80	33.50	41.50	45.20
Inventory Days	94.80	111.60	103.20	84.60	85.90	101.70	104.90	92.20	93.70	89.90
Payable Days	20.70	38.20	45.30	51.10	60.60	57.40	56.70	45.90	47.60	52.50

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Narmada Gelatines Ltd FAQs

The current trading price of Narmada Gelatines on 04-Jun-2026 16:59 is ₹502.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Narmada Gelatines stood at ₹304.0 Cr

The latest P/E ratio of Narmada Gelatines as of 03-Jun-2026 is 10.69.

The latest P/B ratio of Narmada Gelatines as of 03-Jun-2026 is 2.15.

The 52-week high of Narmada Gelatines is ₹530.0 and the 52-week low is ₹327.3.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Narmada Gelatines is ₹215 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Narmada Gelatines Ltd is a average quality company.

The key valuation ratios of Narmada Gelatines Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Narmada Gelatines Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Narmada Gelatines Ltd

Narmada Gelatines, erstwhile Shaw Wallace Gelatines Ltd and a member of Jumbo Group, was set up in 1961. The company is strategically located in the central Indian state of Madhya Pradesh and has convenient access to its main and essential inputs of crushed bones, acid, lime and good quality water.

Narmada Gelatines, has pioneered the manufacture of ossein and gelatin in India and is today a frontrunner in India's gelatine Industry meeting exacting standards of various users worldwide.

Narmada has successfully applied sophisticated technology to ensure quality at each stage of its manufacturing process so that our products meet international quality standards and is commercially worthy of a broad spectrum of usages in the dynamic domestic and international markets.

The company has a government recognized in house R & D facility; a professional marketing set up with stock points / warehouses in major Indian metros; an all India purchase set up tied up with backward integrated units and a dominant position in the domestic market.

Production of gelatine at Narmada Gelatines Limited is undertaken at strictly controlled and stable conditions. Quality is a byword at Narmada Gelatines Limited and is closely monitored at each stage of the process. Quality techniques are constantly improved as these exacting quality control systems and standards have naturally resulted in recognition and awards.

Product range of the company:

The company is engaged in the manufacturing of gelatine for use in different purposes like:

Pharmaceutical
Edible
Industrial
Photographic

Achievements/ recognition:

Award for Ossein Export by Capexil in 1975
National award for Import substitute by the Government of India in 1992
Export performance award from Madhya Pradesh Industrial Organisation in 1994
Highest Gelatine export by Capexil in 1995
National Award for outstanding contribution in Environment to an employee in 1998
Capexil Award for Gelatine Export in 2001
Capexil Award for Gelatine Export in 2004

Certifications:

ISO 9000:2001 by BVQI
HACCP by DNV
EDQM
HALAL - Jamait - E - ULAMA
KOSHER
Drug Licence - Govt. of MP
GMP -Govt. of MP

Narmada Gelatines Ltd (SHAWGELTIN)

Narmada Gelatines Ltd (SHAWGELTIN)

Narmada Gelatines stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Narmada Gelatines - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Narmada Gelatines Ltd FAQs

About Narmada Gelatines Ltd

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Our Vision

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
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Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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Narmada Gelatines Ltd (SHAWGELTIN)

Narmada Gelatines Ltd (SHAWGELTIN)

Narmada Gelatines stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Narmada Gelatines - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Narmada Gelatines Ltd FAQs

What is the share price of Narmada Gelatines?

What is the market cap of Narmada Gelatines?

What is the P/E ratio of Narmada Gelatines?

What is the P/B ratio of Narmada Gelatines?

What is the 52-week high and low of Narmada Gelatines?

What is the TTM revenue of Narmada Gelatines?

Is Narmada Gelatines Ltd a good quality company?

Is Narmada Gelatines Ltd undervalued or overvalued?

Is Narmada Gelatines Ltd a good buy now?

About Narmada Gelatines Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.