AnnouncementSep 2026
Sep 2026 · Announcement Under Regulation 30 Of SEBI (LODR) - Intimation Of Purchase Order 8 Aug - Received domestic order for 300 MT delinted cotton seed worth Rs. 17.43 lakh, executable by September 2026.
Source: Bse
Narmada Agrobase Limited (NARMADA)
Small CapConsumer stocks · Small cap · NSE
Narmada Agrobase Limited operates in Agro Products, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹10.97
-0.39 · -3.43%
Market cap ₹92.7 Cr
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:50 pm ISTDetails
Quote19 Oct, 05:50 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result14 Aug, 07:29 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage10/14 · 71%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
25Bearishfull bear SMA stack · SMA20 -13.2% / mo · MACD − · near 52W low · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 18
Sector RS: 36
Sector 3M: -9.3% vs Nifty 500 -5.6%
Consumer FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
NARMADAD candles · FIT view-36.3%Latest close ₹10.97 on 2026-10-19
Bar
-5.9%
RSI
32
MACD hist
-0.01
52W pos
8%
2026-10-19O ₹11.66H ₹11.66L ₹10.96C ₹10.97Vol 1.2L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
NARMADANifty Consumer DurablesNifty 500
- NARMADA
- -43.4%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- -37.8 pp
Chart stats
19 Oct 2026- From 52W high
- -51.4%
- 52W range position
- 8%
- ATR (14)
- 7.2%
- Volume vs 20D
- 0.24x
- Avg traded value
- ₹0.6 Cr
- 20D price channel
- ₹10.5 - ₹14.2
₹22.6
₹10 - ₹22.6
₹0.8
Latest completed session
20-session average
50.8% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · OVERVALUED22
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Bearish25
Price trend and sector-relative-strength timing.
Valuation
Legacy model+35.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence68
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 14 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹22.3 Cr | NDF | -34.5% |
| EBITDA | ₹1 Cr | -28.0% | -3.1% |
| Operating margin | 4.3% | -764 bps | +139 bps |
| PAT | ₹0.8 Cr | NDF | -6.3% |
| PAT margin | 3.4% | -584 bps | +102 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 25.80
- P/B
- —
- EV/EBITDA
- 17.83
- Market Cap
- 92.70Cr
Profitability
- ROE
- —
- ROCE
- —
- ROA
- —
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 19.00%
- EPS 5Y
- 19.00%
- Revenue 3Y
- 19.00%
- EPS 3Y
- 19.00%
Balance Sheet
- Debt/Equity
- 0.00
- Interest Coverage
- 6.07×
- Altman Z
- 0.00
- Book Value
- —
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- —
- EPS TTM
- 0.51
Shareholding
- Promoter Hold
- 50.30%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 19%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 22.3-34.5% vs prev
Net Profit
₹ CrLatest: 0.8-6.3% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 32. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~15.2% over last month) — short-term momentum negative.
- RSI(14) at 32 — rising, no extreme reading.
- MACD below signal but histogram contracting — bearish momentum easing.
- 51% off 52W high · 10% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
24
RS percentile
Stage 4 Downtrend
1M return
-20.0%
3M return
-43.4%
6M return
-36.7%
1Y return
-8.1%
RS 1D
-3
RS 20D
-19
Sector rank
#9
Industry rank
#35
Stage evidence
- Price is 32.4% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -3.1%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 98.3-2.43%
RS vs Nifty 50098
Valuation & peers
U-Score 22 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 22 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation7/30
Growth14/25
Quality0/20
Balance Sheet7/15
Cash Flow0/10
Piotroski
4/9 (+1)
Penalties
-7
Raw sum
22
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
22/100 · legacy band OVERVALUED
Positive drivers
- Fair-value margin of safety is positive at 35.4%.
- Growth contributes 14/25 to the score.
- Balance sheet contributes 7/15 to the score.
Main drags
- Altman Z is 0.0, in distress territory.
- Penalty bucket subtracts 7 points.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
25.8
PB
—
EV/EBITDA
17.8
ROE
—
ROCE
—
FCF Yield
—
Debt/Equity
0.0
MoS
+35.4%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
22
Previous: 22
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
+35.4%
Previous: +35.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
22
22
22
22
22
22
22
22
22
22
22
22
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
—
Growth-justified P/E
33.3
Growth-justified Value
₹16.98
+35.4% MoS
PEG
1.36
Comparable companies
Peers
Business-comparable peers in Consumer — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
ANIKINDS
Small
Anik Industries Limited
Agro Processing
match 87
21
58.5
0.6%
-67%
OVERVALUED
BOHRAIND
Small
Bohra Industries Limited
Agro Processing
match 83
12
—
-4.7%
—
OVERVALUED
SHBAJRG
Small
Shri Bajrang Alliance Limited
Agro Processing
match 81
53
3.3
12.3%
+84%
FAIR VALUE
SHYAMDHANI
SME
Shyam Dhani Industries Ltd.
Agro Processing
match 80
54
12.8
18.5%
+61%
FAIR VALUE
SHANTI
Small
Shanti Overseas (India) Limited
Agro Processing
match 79
2
—
-120.0%
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Narmada Agrobase Limited operates in Agro Products, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
68Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 56th percentile of the scored universe and 60th percentile within Consumer. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
13 docs text-extracted · 4 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
56th percentile
overall median 67 · Consumer: 60th pctile, median 66 · Small: 60th pctile, median 66
Evidence depth
Financial-only
13 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
88
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
69
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Debt/equity is 0.00.
- ▸4/4 latest quarters had positive YoY revenue growth.
- ▸3/4 latest quarters had positive YoY PAT growth.
Trust risks
- ▸Only 0 years of positive FCF.
- ▸OPM spread across recent quarters is 18.1%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Narmada Agrobase Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Aug - Please find the copies of Newspaper Advertisement regarding the publication of unaudited standalone and consolidated financial results of the Company for the quarter ended on …
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Jun - Newspaper Publication regarding completion of dispatch of Postal ballot notice and intimation of remote e-voting facility
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Jun - Pls find the Newspaper Publication regarding the Notice of 14th AGM in the attached PDF.
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 25 Jun
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Submission of copies of Newspaper Advertisement of Financial Results of the Company for the quarter and year ended on 31-03-2026.
Source: Bse
Announcement
Results - 31-03-2026 29 May
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Investor presentationFeb 2026
Feb 2026 · PPT
Source: Bse
Investor presentationFeb 2026
Feb 2026 · PPT
Source: Bse
Investor presentationNov 2025
Nov 2025 · PPT
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.