On 6 Nov 2026, Narendra Properties was priced at ₹34.01, or 11.5× trailing earnings, against an industry P/E of 22.1×, and the shares are 24% below their 52-week high. Its ROCE of 6.8% is the second-lowest among the 7 largest Real Estate (Development) peers, and sales and net profit fell 17% and 23% a year over 3 years, though net profit is above operating profit, which points to a one-off gain. Its dividend yield is 2.9%. It is a small-cap company with a market cap of ₹24 Cr, ranked 90th of 112 Real Estate (Development) companies by market cap; the shares fell 16% over the past year.
- ₹34.01
- ₹34.01
- ₹34.01
- ₹35.05
- 50
Health check
- ReturnsIn line
−15.7% over a year, better than 4 of 7 peers.
- Price tagDistorted
A one-off gain inflates profit, so P/E isn’t comparable right now.
- GrowthShrinking
Sales −17.2%, profit −22.9% a year over 3 years.
- ProfitabilityWeak
ROCE 6.8% vs peer median 10.4%.
- Balance sheetFair
Piotroski 6 of 9.
- Red flags3 to check
Return on equity is low at 5.0%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹24 Cr
- Small cap
- P/E
- 11.5
- Industry 22.1
- Price to book
- 0.61
- Peers 2.88
- Dividend yield
- 2.94%
- ROE
- 5.0%
- Peers 11.1%
- ROCE
- 6.8%
- Peers 10.4%
- Debt to equity
- n/a
- Debt ₹0.00 Cr
- EPS (TTM)
- ₹2.95
- OPM (TTM)
- 37.6%
- Net margin 48.2%
- Sales growth
- n/a
- Year-ago quarter not reported
- Profit growth
- +14.6%
- Latest quarter vs a year ago
- Price to sales
- 5.96
- EV/EBITDA −32.2
Strengths and risks
Strengths
- Dividend yield of 2.94%.
Risks to check
- Return on equity is low at 5.0%.
- Net profit is above operating profit, so a one-off gain is likely flattering earnings.
- Interest coverage of only −603.0×.
About Narendra Properties
Narendra Properties Limited engages in the property development and civil construction activities in India. It is involved in the development projects of residential and commercial multi-storied apartment complexes. Narendra Properties Limited was founded in 1971 and is based in Chennai, India.
- Headquarters
- Chennai
- Employees
- 8
- Sector
- Real Estate
- ISIN
- INE603F01012
- Website
- narendraproperties.com
Price range
- Avg volume (3M)
- 490
- 1-year return
- minus 15.7%
- From 52-week high
- minus 23.5%
Peers · Real Estate - Development
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| BRIGADEBrigade Enterprises | 558.15 | minus 0.89% | 18,205 | 25.1 | 15.6 | 9.8% | 29.2% | 0.83 | 18.5% | minus 26.2% |
| ANANTRAJAnant Raj | 445.45 | minus 4.41% | 16,031 | 26.5 | 24.1 | 10.4% | 27.8% | 0.13 | 37.9% | minus 27.8% |
| SOBHASobha | 1,275.40 | minus 1.28% | 13,642 | 71.4 | 46.7 | 7.4% | 6.5% | 0.33 | 16.3% | minus 20.2% |
| NARPROPNarendra Properties | 34.01 | minus 2.97% | 24 | 11.5 | – | 6.8% | −28.7% | – | −17.2% | minus 15.7% |
| Median of 7 peers | – | −0.31% | 54,501 | 27.1 | 24.7 | 10.4% | 27.8% | 0.33 | 18.5% | −20.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 2.8 | – | 3.6 | – | – | |
| 2.8 | – | 3.7 | – | – | |
| −0 | −0.3 | −0 | −0.4 | −0.3 | |
| −0.8% | – | −1.1% | – | – | |
| 0.8 | 0.8 | 0.9 | 1.1 | 1.2 | |
| – | 0 | 0 | 0 | – | |
| 0 | 0 | 0 | 0 | 0 | |
| 0.8 | 0.4 | 0.8 | 0.7 | 0.9 | |
| 0.1% | −1.4% | 2.2% | 99.0% | −0.1% | |
| 0.8 | 0.4 | 0.8 | 0 | 0.9 | |
| 1.09 | 0.57 | 1.12 | 0.01 | 1.25 |
Profit & loss
- Sales CAGR 3Y
- −17.2%
- Profit CAGR 3Y
- −22.9%
- EPS CAGR 3Y
- −22.8%
- ROE
- 5.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.2 | 18.6 | 7.4 | 6.4 | |
| – | +66.0% | minus 60.5% | minus 13.3% | |
| 5.6 | 16.5 | 7.7 | 7.2 | |
| 5.6 | 2.2 | −0.4 | −0.8 | |
| 50.1% | 11.6% | −5.3% | −12.3% | |
| 0 | 0.8 | 1.7 | 3.5 | |
| 0.7 | 0 | 0 | 0 | |
| 0 | 0 | 0 | 0.1 | |
| – | 0.1 | – | – | |
| 4.9 | 3 | 1.2 | 2.7 | |
| 12.6% | 25.1% | 25.2% | 25.6% | |
| 4.3 | 2.2 | 0.9 | 2 | |
| – | minus 47.7% | minus 58.9% | +113.7% | |
| 6.05 | 3.16 | 1.30 | 2.78 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.2 | 7.2 | 7.2 | 7.2 | |
| 28.7 | 30.2 | 30.5 | 31.7 | |
| 1.1 | 0.5 | 0.3 | 0.2 | |
| 37 | 37.9 | 37.9 | 39.1 | |
| 0 | 0.2 | 0.2 | 0.6 | |
| – | 12 | 10.7 | 6.2 | |
| 3.3 | 6.8 | 0.2 | 3.9 | |
| 33.8 | 18.8 | 26.9 | 28.4 | |
| 37 | 37.9 | 37.9 | 39.1 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.8 | −0.2 | 7.5 | 3.5 | |
| 0 | 0.5 | −9.4 | −2 | |
| −0.7 | −0.7 | −0.7 | −0.7 | |
| 3.1 | −0.5 | −2.6 | 0.9 | |
| – | −0.3 | – | – | |
| 3.8 | −0.4 | 7.5 | 3.5 | |
| – | −0.7 | −0.7 | −0.7 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.