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Narmadesh Brass Industries Ltd (544680)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544680 NSE: Metal - Non Ferrous | Small Cap | Narmadesh BrassInds. Share Price

₹314 0.00 (0.00%)

As on 01-Jul'26 16:59

Narmadesh Brass Industries Ltd (544680)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 544680 NSE: Metal - Non Ferrous | Small Cap | Narmadesh BrassInds. Share Price

₹314 0.00 (0.00%)

As on 01-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹97 Cr.
Current Price
₹314
52-Week Low / High
₹150 / 495
TTM EPS
₹11.5
TTM Sales
₹95.2 Cr.
Book Value per Share
₹186.2
P/E Ratio
27.42
Higher than its 5-year historical median
Industry PE
19.8
Price to Book (P/B)
1.69
Higher than its 5-year historical median
Price to Sales (P/S)
1.02
Higher than its 5-year historical median
EV/EBITDA
18.54
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
48.01%
Outperforms industry median
Return on Capital Employed (ROCE)
24.14%
Outperforms industry median
Return on Assets (ROA)
10.66%
Operating Profit Margin
10.2%
Net Profit Margin
6.46%
Gross Profit Margin
8.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
11.21%
Operating Profit Growth (1 Year)
-
-20.27%
Net Profit Growth (1 Year)
-
-20.14%
Asset Quality
Promoter Holding
71.84%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹55 Cr.
Equity
₹3.1 Cr.
Face Value
₹10
All Time Low / High
₹150.00 / 495.00

Narmadesh Brass Industries stock performance

Key Ratios
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Check Before You Invest

Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Narmadesh Brass Industries Ltd a good quality company?
Narmadesh Brass Industries Ltd is a weak quality company, based on a inconsistent 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.

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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.

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How does Narmadesh Brass Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Narmadesh Brass Industries Ltd vs industry peers?
Narmadesh Brass Industries Ltd revenue CAGR is %, compared to the industry median CAGR of 6.43%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Narmadesh Brass Industries Ltd?
Promoters hold 71.84% of the Narmadesh Brass Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Narmadesh Brass Industries Ltd over the last decade?
Over the last - year(s), the stock has delivered a CAGR of N/A% based on the current price.
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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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Narmadesh Brass Industries Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation ⓘ

Mar'24Mar'25TTM
ROCE % ⓘ34%24.1%-
Value Creation
Index ⓘ		1.40.7-

Growth Parameters ⓘ
Sales ⓘ78.987.795
Sales YoY Gr.-11.2%-
Adj EPS ⓘ35.428.111.5
YoY Gr.--20.7%-
BVPS (₹) ⓘ44.973.2186.2
Adj Net
Profit ⓘ		7.15.64
Cash Flow from Ops. ⓘ-7.91.1-
Debt/CF from Ops. ⓘ-2.821.9-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNANANA11.2%
Adj EPS ⓘNANANA-20.7%
BVPSⓘNANANA63.2%
Share Price - - - -

Key Financial Parameters ⓘ

Mar'24Mar'25TTM
Return on
Equity % ⓘ		7947.68.8
Op. Profit
Mgn % ⓘ		14.310.2NAN
Net Profit
Mgn % ⓘ		96.43.7
Debt to
Equity ⓘ		2.51.7-
Working Cap
Days ⓘ		01640
Cash Conv.
Cycle ⓘ		0980

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'24Mar'25
Sales78.8887.72
Operating Expenses ⓘ + 67.6378.75
Manufacturing Costs1.851.93
Material Costs63.1474.22
Employee Cost 1.982.15
Other Costs ⓘ 0.670.46
Operating Profit ⓘ 11.258.97
Operating Profit Margin (%) 14.3%10.2%
Other Income ⓘ + 0.180.33
Exceptional Items ⓘ 00
Interest ⓘ 1.011.48
Depreciation ⓘ 0.740.75
Profit Before Tax ⓘ 9.687.07
Tax ⓘ 2.581.40
Profit After Tax 7.105.67
PAT Margin (%) 9.0%6.5%
Adjusted EPS (₹)35.528.3
Dividend Payout Ratio (%)0%0%

Valuation of Narmadesh BrassInds. - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'24Mar'25

Equity and Liabilities

Shareholders Fund + 8.9714.64
Share Capital ⓘ 22
Reserves ⓘ 6.9712.64
Debt +2224.28
Long Term Debt0.920.96
Short Term Debt21.0823.32
Minority Interest00
Trade Payables2.986.42
Others Liabilities ⓘ 12.7314.26
Total Liabilities ⓘ 46.6859.59

Fixed Assets

Net Fixed Assets ⓘ +10.8114.50
Gross Block12.7417.18
Accumulated Depreciation1.932.68
CWIP ⓘ 00
Investments ⓘ 00
Inventories15.3819.31
Trade Receivables6.9014.96
Cash Equivalents 2.270.03
Others Assets ⓘ 11.3310.79
Total Assets ⓘ 46.6859.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'24Mar'25
Cash Flow From Operating Activity ⓘ + -7.911.13
PBT ⓘ 9.687.07
Adjustment ⓘ 1.722.20
Changes in Working Capital ⓘ -17.04-6.78
Tax Paid ⓘ -2.27-1.36
Cash Flow From Investing Activity ⓘ + -3.60-4.16
Capex -3.80-4.16
Net Investments 0.180
Others ⓘ 0.010
Cash Flow From Financing Activity ⓘ + 13.760.79
Net Proceeds from Shares ⓘ -1.730
Net Proceeds from Borrowing ⓘ -0.120.04
Interest Paid ⓘ -0.99-1.45
Dividend Paid ⓘ 00
Others ⓘ 16.592.20
Net Cash Flow ⓘ 2.25-2.24

Financial Ratio

PARTICULARSMar'24Mar'25
Ratios
ROE (%)79.1148.01
ROCE (%)34.0224.14
Asset Turnover Ratio1.691.65
PAT to CFO Conversion(x)-1.110.2
Working Capital Days
Receivable Days31.9045.50
Inventory Days71.2072.20
Payable Days17.2023.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Narmadesh Brass Industries Ltd FAQs

The current trading price of Narmadesh BrassInds. on 01-Jul-2026 16:59 is ₹314.0.

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 30-Jun-2026 the market cap of Narmadesh BrassInds. stood at ₹97.37 Cr

The latest P/E ratio of Narmadesh BrassInds. as of 30-Jun-2026 is 27.42.

The latest P/B ratio of Narmadesh BrassInds. as of 30-Jun-2026 is 1.69.

The 52-week high of Narmadesh BrassInds. is ₹495.0 and the 52-week low is ₹150.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Narmadesh BrassInds. is ₹95.22 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Narmadesh Brass Industries Ltd is a below average quality company.

The key valuation ratios of Narmadesh Brass Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

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

About Narmadesh Brass Industries Ltd

Narmadesh Brass Industries was originally formed as a partnership firm under the Indian Partnership Act, 1932 in the name and style of ‘M/s. Narmada Brass Industries’, pursuant to a deed of partnership entered on August 28, 2019. Vide subsequent Partnership Deeds, while certain partners were introduced in order to raise capital or to obtain their industry expertise, some of them retired at will and the name of the Partnership was changed. Further, the Partnership Firm ‘M/s. Narmada Brass industries’ was converted into Public Limited Company ‘Narmadesh Brass Industries Limited’ on October 30, 2023.

It is engaged in manufacturing of diverse range of brass products catering to both domestic and international market. The Registered office of the company is situated at Shree Ganesh Industrial hub, Changa, Jamnagar, Gujarat, India.  Its manufacturing premises are equipped with the technology and also ISO 9001:2015 certified for Quality Management. It also offers casting and forging services related to brass components at its manufacturing facility. It maintains complete control over the manufacturing process, with every stage - from production to quality control and dispatch taking place within its manufacturing facility.

Business area of the company

The company is engaged in manufacturing of diverse range of brass products catering to both domestic and international market. Its product offering includes brass rods, brass billets, agricultural sprayer parts, brass compression fittings etc. It also offers casting and forging services related to brass components at its manufacturing facility.

Products of the company

  • Brass Rods
  • Brass Billets
  • Ball Valves
  • Non-Return Valves (NRVs)
  • Agri-Sprayer Parts
  • Brass Fittings & Lead Free Brass Fittings
  • Brass Pipe & Plumbing Fittings
  • Sanitary Fittings
  • Forging Specialty
  • Brass Compression Fittings
  • Turning Components

History and milestones

  • 2019: Establishment of Partnership Firm in the Name of ‘M/s. Narmada Brass Industries’
  • 2023: Mr. Ghanshyamlal Somani has exited the Partnership Firm and later Sprayking Agro Equipment Ltd. has entered into the business as a partner under the reconstituted partnership agreement.
  • 2023: Conversion from the partnership firm into a Public Limited Company in the name of ‘M/s. Narmadesh Brass Industries Limited’

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