National Fittings Ltd
Incorporated in 1993, National Fittings Ltd manufactures spheroidal graphite pipe fittings, stainless steel fittings and stainless steel ball valves
- Market Cap ₹ 152 Cr.
- Current Price ₹ 167
- High / Low ₹ 235 / 134
- Stock P/E 14.6
- Book Value ₹ 98.0
- Dividend Yield 0.58 %
- ROCE 15.5 %
- ROE 11.3 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 44.0% CAGR over last 5 years
Cons
- Promoter holding is low: 34.3%
- Company has a low return on equity of 8.37% over last 3 years.
- Earnings include an other income of Rs.4.81 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Products Iron & Steel Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 50 | 52 | 67 | 62 | 58 | 57 | 51 | 66 | 86 | 77 | 78 | 91 | 98 | |
| 40 | 41 | 52 | 48 | 51 | 52 | 46 | 62 | 76 | 65 | 70 | 79 | 84 | |
| Operating Profit | 10 | 11 | 16 | 14 | 7 | 5 | 5 | 4 | 10 | 12 | 8 | 13 | 14 |
| OPM % | 19% | 22% | 23% | 22% | 12% | 8% | 9% | 7% | 11% | 15% | 10% | 14% | 14% |
| 1 | 2 | 2 | 3 | 2 | 1 | 1 | 1 | 1 | 1 | 22 | 4 | 5 | |
| Interest | 1 | 1 | 1 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 1 | 1 | 3 | 3 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 8 | 11 | 16 | 12 | 4 | 2 | 2 | 2 | 7 | 8 | 26 | 13 | 15 |
| Tax % | 34% | 33% | 36% | 37% | 33% | 11% | 30% | 20% | 33% | 27% | 11% | 30% | |
| 6 | 7 | 10 | 8 | 3 | 1 | 2 | 1 | 4 | 6 | 23 | 9 | 10 | |
| EPS in Rs | 6.61 | 8.88 | 12.19 | 9.31 | 3.29 | 1.48 | 1.81 | 1.48 | 4.83 | 6.43 | 25.65 | 10.03 | 11.49 |
| Dividend Payout % | 15% | 34% | 33% | 0% | 46% | 0% | 55% | 68% | 31% | 23% | 4% | 10% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 12% |
| 3 Years: | 2% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 44% |
| 3 Years: | 30% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 29% |
| 3 Years: | 13% |
| 1 Year: | 2% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 7% |
| 3 Years: | 8% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 9 |
| Reserves | 7 | 11 | 19 | 38 | 41 | 41 | 42 | 43 | 46 | 50 | 72 | 80 |
| 8 | 6 | 5 | 22 | 26 | 21 | 17 | 18 | 20 | 15 | 5 | 13 | |
| 4 | 6 | 7 | 11 | 16 | 13 | 13 | 15 | 14 | 14 | 16 | 18 | |
| Total Liabilities | 27 | 32 | 39 | 80 | 91 | 83 | 81 | 85 | 89 | 88 | 103 | 120 |
| 5 | 6 | 10 | 41 | 47 | 47 | 46 | 48 | 47 | 45 | 27 | 26 | |
| CWIP | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 5 | 0 | 5 |
| Investments | 0 | 0 | 1 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 6 | 7 |
| 22 | 26 | 27 | 37 | 42 | 34 | 33 | 35 | 36 | 36 | 69 | 82 | |
| Total Assets | 27 | 32 | 39 | 80 | 91 | 83 | 81 | 85 | 89 | 88 | 103 | 120 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4 | 10 | 13 | 9 | 6 | 2 | 9 | 4 | 6 | 10 | 8 | -4 | |
| 0 | -1 | -5 | -7 | -7 | -1 | -1 | -4 | -5 | -2 | 37 | -2 | |
| -3 | -5 | -5 | -1 | 2 | -8 | -5 | -0 | -0 | -8 | -12 | 6 | |
| Net Cash Flow | 2 | 3 | 2 | 1 | 1 | -8 | 2 | -1 | 0 | 0 | 33 | 0 |
| Free Cash Flow | 4 | 8 | 6 | 1 | -2 | -0 | 7 | -0 | -0 | 7 | 47 | -9 |
| CFO/OP | 67% | 113% | 119% | 103% | 116% | 29% | 182% | 76% | 70% | 103% | 114% | -5% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 18 | 18 | 14 | 18 | 29 | 22 | 30 | 26 | 24 | 28 | 33 | 35 |
| Inventory Days | 65 | 84 | 79 | 263 | 254 | 327 | 242 | 222 | 173 | 214 | 148 | 188 |
| Days Payable | 17 | 27 | 37 | 112 | 148 | 136 | 129 | 125 | 76 | 70 | 82 | 66 |
| Cash Conversion Cycle | 65 | 75 | 57 | 168 | 136 | 213 | 142 | 124 | 121 | 172 | 99 | 157 |
| Working Capital Days | 45 | 26 | 20 | -15 | -31 | -9 | -10 | -19 | -13 | -2 | 35 | 51 |
| ROCE % | 44% | 49% | 58% | 27% | 8% | 4% | 5% | 4% | 10% | 13% | 10% | 16% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Capital expenditure on Property, plant and equipment Rs. lakhs |
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| Number of permanent employees count |
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| Export share of total product sales % |
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| SG Iron Fittings share of total product sales % |
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Extracted by Screener AI
Documents
Announcements
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33Rd Annual General Meeting - Notice
- 33rd AGM on 16 Sep 2026; merger of Banil/Avisa, promoter change, and 2,500 MT Gujarat plant.
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Reg. 34 (1) Annual Report.
- 33rd AGM on 16 Sep 2026; merger of Banil/Avisa and 2,500 MT/month Gujarat facility discussed.
-
33Rd Annual General Meeting - 16.09.2026
- Book closure 10-16 Sep 2026; record date 9 Sep; 33rd AGM on 16 Sep 2026, e-voting dates announced.
- Limited Review Report - 30.06.2026
- Un-Audited Financial Results - 30.06.2026
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Business Overview:[1]
Company is an export oriented ISO 9001 certified manufacturer of quality Piping components and Pumps for industrial and non-industrial applications. It operates multiple foundries including an investment casting foundry utilizing lost wax process and an exclusive supply source for its entire casting requirements. Company exports these products mainly to Middle East and also to United States of America, Europe, South America and Australia