Announcement
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 2 Sep - 33rd AGM approved new MOA clause for property development and leasing.
Source: Bse
N R Agarwal Industries Limited (NRAIL)
Small CapConsumer stocks · Small cap · NSE
N R Agarwal Industries Limited operates in Retail / E-Commerce, within the Consumer sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals05 Oct 2026 · screener
Latest result05 Aug, 09:33 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Consumer P/E 22.2 (n=441)
Technical timing lens
Trend score and candlestick chart
64Bullishfull bull SMA stack · SMA20 +21.2% / mo · MACD + · sector -3.7pp vs Nifty 500 (3M)
Stock trend: 83
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
NRAILD candles · FIT view+50.5%Latest close ₹712.10 on 2026-10-19
Bar
-1.5%
RSI
59
MACD hist
2.49
52W pos
73%
2026-10-19O ₹723.00H ₹731.75L ₹689.10C ₹712.10Vol 33,392 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
NRAILNifty Consumer DurablesNifty 500
- NRAIL
- +66.2%
- Nifty 500
- -5.6%
- Nifty Consumer Durables
- -9.7%
- Vs Nifty 500
- +71.7 pp
Chart stats
19 Oct 2026- From 52W high
- -14.6%
- 52W range position
- 73%
- ATR (14)
- 7.3%
- Volume vs 20D
- 0.55x
- Avg traded value
- ₹4.4 Cr
- 20D price channel
- ₹612.4 - ₹834
₹834
₹385 - ₹834
₹51.7
Latest completed session
20-session average
60.3% 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 is neutral, 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 · OVERVALUED24
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent100
Revenue +43.1% · PAT +105.9% YoY
Technical
Bullish64
Price trend and sector-relative-strength timing.
Valuation
Legacy model-232.2%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence67
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
Excellent · 100/100Rev +43% YoY · PAT +106% YoY · margin expansion · +7% QoQ · operating leverage
Filed 05 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹647 Cr | +43.1% | +6.9% |
| EBITDA | ₹74 Cr | +335.3% | +29.8% |
| Operating margin | 11.0% | +740 bps | +200 bps |
| PAT | ₹35 Cr | +105.9% | +150.0% |
| PAT margin | 5.4% | +165 bps | +310 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 17.00
- P/B
- 1.38
- EV/EBITDA
- 6.43
- Market Cap
- 1122.00Cr
Profitability
- ROE
- 6.04%
- ROCE
- 8.49%
- ROA
- 3.50%
- Dividend Y
- 0.30%
Growth (CAGR)
- Revenue 5Y
- 13.00%
- EPS 5Y
- -3.00%
- Revenue 3Y
- 7.00%
- EPS 3Y
- -22.00%
Balance Sheet
- Debt/Equity
- 1.01
- Interest Coverage
- 3.57×
- Altman Z
- 3.26
- Book Value
- 479.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 9/5
- OCF
- 95.00 Cr
- EPS TTM
- 36.51
Shareholding
- Promoter Hold
- 74.28%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 86%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 647+6.9% vs prev
Net Profit
₹ CrLatest: 35.0+150.0% 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 uptrend intact. RSI 59. Wait for confirmation.
- Price > SMA20 > SMA50 > SMA200 — full bullish stack.
- SMA20 rising (~17.5% over last month) — short-term momentum positive.
- RSI(14) at 59 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 15% off 52W high · 85% 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
92
RS percentile
Stage 2 UptrendEstablished S2
1M return
+13.9%
3M return
+66.2%
6M return
+52.4%
1Y return
+58.3%
RS 1D
0
RS 20D
+5
Sector rank
#9
Industry rank
#22
Stage evidence
- Price is 41.8% above the 30-week proxy.
- The 50-DMA is above the 30-week proxy and its slope is rising +7.0%.
- Both 3-month and 6-month returns are positive.
50-DMA
price above
200-DMA
price above
S2 entered
14 Aug 2026
S2 age
45 trading sessions
Sector
neutral
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
261 observations
19 Oct 2026Value 173.86-1.67%
RS vs Nifty 500174
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 24 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation6/30
Growth5/25
Quality0/20
Balance Sheet7/15
Cash Flow4/10
Piotroski
6/9 (+3)
Penalties
-1
Raw sum
24
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
24/100 · legacy band OVERVALUED
Positive drivers
- Balance sheet contributes 7/15 to the score.
- Cash flow contributes 4/10 to the score.
- Valuation contributes 6/30 to the score.
Main drags
- Penalty bucket subtracts 1 points.
- Fair-value margin of safety is negative at -232.2%.
- 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
17.0
PB
1.4
EV/EBITDA
6.4
ROE
6.0%
ROCE
8.5%
FCF Yield
—
Debt/Equity
1.0
MoS
-232.2%
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: 21 Oct 2026
v4.3-runtime-valuation
Final score
24
Previous: 24
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-232.2%
Previous: -232.2%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
27
27
27
24
23
23
23
23
23
23
24
24
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
₹627.29
-13.5% MoS
Growth-justified P/E
5.9
Growth-justified Value
₹214.31
-232.2% MoS
PEG
—
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
SIGACHI
Small
Sigachi Industries Limited
Retail
match 109
18
49.0
5.8%
-395%
OVERVALUED
KRISHIVAL
Small
Krishival Foods Limited
Retail
match 108
40
52.3
13.0%
-28%
WATCHLIST
MMP
Small
MMP Industries Limited
Retail
match 108
40
26.7
11.6%
+27%
WATCHLIST
UTTAMSUGAR
Small
Uttam Sugar Mills Limited
Retail
match 108
47
12.8
12.0%
+34%
FAIR VALUE
RAJRILTD
Small
Raj Rayon Industries Limited
Retail
match 108
47
32.0
29.7%
-7%
FAIR VALUE
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
N R Agarwal Industries Limited operates in Retail / E-Commerce, 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
67Limited 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 52nd percentile of the scored universe and 55th percentile within Consumer. Main check: financial discipline is weak at 52/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
17 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
52nd percentile
overall median 67 · Consumer: 55th pctile, median 66 · Small: 56th pctile, median 66
Evidence depth
Financial-only
17 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
86
strong · holding, pledge, alignment
Cash flow
67
acceptable · profit to cash conversion
Balance sheet
61
acceptable · leverage and solvency
Discipline
52
watch · capital discipline
Results
72
acceptable · quarterly consistency
Trust positives
- ▸Promoter holding is 74.3%.
- ▸Promoter pledge is zero.
- ▸9 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸Debt/equity is 1.01.
- ▸ROE is low at 6%.
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching N R Agarwal Industries 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 15 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 5 Aug - Newspaper publication post dispatch of AGM Notice
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 17 Jul - ICRA reaffirmed NRAIL’s A-/A2+ ratings and raised rated facilities to Rs 1,137.57 crore.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026 from bse
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.