Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 36.25 | 78.04 | 38.85 | 38.53 | 22.79 | 33.41 | 23.06 | 26.56 | 26.92 | 28.77 | 18.87 | 31.42 |
| Expenses | 41.00 | 79.14 | 36.97 | 39.51 | 23.19 | 32.78 | 21.19 | 27.19 | 27.94 | 25.23 | 17.15 | 28.61 |
| Operating Profit | -4.75 | -1.10 | 1.88 | -0.98 | -0.40 | 0.63 | 1.87 | -0.63 | -1.02 | 3.54 | 1.72 | 2.81 |
| OPM % | -13.10% | -1.41% | 4.84% | -2.54% | -1.76% | 1.89% | 8.11% | -2.37% | -3.79% | 12.30% | 9.11% | 8.94% |
| Other Income | 0.05 | 0.03 | 0.19 | 0.05 | 0.06 | 0.02 | 0.35 | 0.07 | 0.05 | 0.04 | 0.10 | 0.05 |
| Interest | 0.79 | 0.55 | 0.93 | 0.72 | 0.55 | 0.50 | 0.66 | 0.55 | 0.58 | 0.59 | 0.66 | 0.63 |
| Depreciation | 0.10 | 0.11 | 0.13 | 0.09 | 0.09 | 0.10 | 0.07 | 0.09 | 0.09 | 0.09 | 0.11 | 0.11 |
| Profit before tax | -5.59 | -1.73 | 1.01 | -1.74 | -0.98 | 0.05 | 1.49 | -1.20 | -1.64 | 2.90 | 1.05 | 2.12 |
| Tax % | 0.18% | 2.31% | -0.00% | -0.00% | 4.08% | 40.00% | 15.44% | 0.83% | 0.61% | 0.34% | -5.71% | 0.47% |
| Net Profit | -5.60 | -1.76 | 1.00 | -1.74 | -1.01 | 0.03 | 1.26 | -1.21 | -1.65 | 2.89 | 1.11 | 2.11 |
| EPS in Rs | -14.95 | -4.70 | 2.67 | -4.64 | -2.70 | 0.08 | 3.36 | -3.23 | -4.40 | 7.71 | 2.96 | 5.63 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 201 | 258 | 196 | 191 | 154 | 146 | 145 | 144 | 194 | 118 | 101 | 106 |
| Expenses | 203 | 254 | 189 | 185 | 150 | 143 | 130 | 140 | 203 | 117 | 98 | 99 |
| Operating Profit | -2 | 4 | 6 | 6 | 5 | 3 | 14 | 3 | -9 | 1 | 4 | 7 |
| OPM % | -0.9% | 1.5% | 3.3% | 3.1% | 2.9% | 2.1% | 10% | 2.2% | -4.8% | 0.9% | 3.6% | 7% |
| Other Income | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 3 | 4 | 4 | 4 | 4 | 2 | 1 | 2 | 3 | 2 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -5 | 0 | 2 | 1 | 0 | 1 | 13 | 1 | -12 | -1 | 1 | 4 |
| Tax % | -0% | 25% | 10% | 16% | -3% | 59% | 28% | 29% | 0% | 25% | -3% | |
| Net Profit | -5 | 0 | 2 | 1 | 0 | 0 | 9 | 1 | -13 | -1 | 1 | 4 |
| EPS in Rs | -14.17 | 0.61 | 4.30 | 3.07 | 0.91 | 1.04 | 24.98 | 1.89 | -33.41 | -3.90 | 3.04 | 11.90 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | -7% | -7% | -11% | 0% | ||
| Compounded Profit Growth | 8% | 24% | 17% | 580% | ||
| Stock Price CAGR | 3% | -10% | -7% | -2% | ||
| Return on Equity | 0% | -1% | -12% | 3% |
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 34 | 29 | 29 | 31 | 32 | 32 | 32 | 42 | 42 | 30 | 28 | 30 |
| Borrowings | 43 | 19 | 19 | 54 | 31 | 31 | 22 | 27 | 34 | 40 | 23 | 36 |
| Other Liabilities | 15 | 19 | 14 | 18 | 6 | 4 | 10 | 3 | 9 | 4 | 4 | 7 |
| Total Liabilities | 95 | 71 | 65 | 106 | 72 | 71 | 68 | 76 | 89 | 78 | 59 | 76 |
| Fixed Assets | 6 | 5 | 4 | 4 | 4 | 3 | 3 | 4 | 4 | 5 | 5 | 6 |
| CWIP | 2 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 2 | -0 | 1 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 1 | 0 | 0 | 0 | 0 |
| Other Assets | 87 | 66 | 61 | 102 | 69 | 68 | 66 | 71 | 83 | 72 | 52 | 70 |
| Total Assets | 95 | 71 | 65 | 106 | 72 | 71 | 68 | 76 | 89 | 78 | 59 | 76 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 25 | 9 | 3 | -37 | 30 | 2 | 9 | 6 | 3 | -6 | 22 | -14 |
| Cash from Investing Activity | -2 | 4 | -2 | 3 | 2 | 0 | -0 | -3 | -3 | 0 | -2 | 3 |
| Cash from Financing Activity | -13 | -27 | -4 | 31 | -28 | -4 | -10 | 2 | -2 | 3 | -20 | 11 |
| Net Cash Flow | 10 | -14 | -3 | -3 | 4 | -2 | -2 | 5 | -2 | -2 | -1 | 0 |
| Free Cash Flow | 24 | 11 | 3 | -37 | 29 | 2 | 9 | 4 | 1 | -6 | 21 | -14 |
| CFO/OP | 415% | -494% | 67% | -583% | 500% | 42% | 264% | 63% | 96% | 60% | 1,970% | -378% |
| 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 | 16 | 10 | 16 | 27 | 38 | 42 | 37 | 43 | 31 | 32 | 28 | 27 |
| Inventory Days | 58 | 85 | 55 | 174 | 87 | 108 | 122 | 119 | 154 | 84 | 109 | 207 |
| Days Payable | 15 | 24 | 16 | 32 | 8 | 5 | 20 | 3 | 18 | 3 | 4 | 17 |
| Cash Conversion Cycle | 59 | 71 | 55 | 168 | 117 | 145 | 139 | 159 | 167 | 113 | 133 | 217 |
| Working Capital Days | 7 | 32 | 27 | 50 | 50 | 68 | 73 | 81 | 82 | 38 | 54 | 68 |
| ROCE % | 7% | -3% | 8% | 9% | 7% | 6% | 4% | 21% | 4% | -12% | 2% | 6% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 44.38% | 43.80% | 43.68% | 43.25% | 42.63% | 42.23% | 42.16% | 42.16% | 42.14% | 41.82% | 41.82% | 41.82% |
| DIIs | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.93% | 1.90% | 1.90% |
| Public | 53.67% | 54.26% | 54.40% | 54.82% | 55.43% | 55.85% | 55.91% | 55.91% | 55.93% | 56.25% | 56.29% | 56.28% |
| No. of Shareholders | 2,755 | 2,798 | 2,826 | 2,871 | 2,911 | 2,996 | 3,065 | 3,064 | 3,140 | 3,163 | 3,194 | 3,099 |
Fundamentals
Market Cap₹ 15.3 Cr.
Current Price₹ 40.7
Stock P/E3.43
Book Value₹ 89.0
ROCE5.63 %
ROE3.48 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)0%
Compounded Profit Growth (TTM)580%
Standalone figures.
Valuation
Market capRs 14 Cr
Enterprise valueRs 50 Cr
P/E (TTM)3.22x
Price to book0.43x
Price to sales0.14x
EV / EBITDA6.89x
EV / EBIT7.29x
EV / sales0.47x
Earnings yield31.08%
P/E, 3-year average11.44x
P/B, 3-year average0.42x
P/E, 5-year average12.02x
P/B, 5-year average0.49x
Profitability
Operating margin (excl. other income)3.57%
Operating margin (incl. other income)3.84%
EBITDA margin6.88%
Pre-tax margin4.18%
Net profit margin4.21%
Net margin, latest quarter6.72%
ROE3.48%
ROCE5.63%
ROA1.69%
ROE, 3-year average-10.76%
ROCE, 3-year average-1.60%
ROA, 3-year average-5.15%
ROE, 5-year average-1.55%
ROCE, 5-year average4.05%
ROA, 5-year average-0.32%
ROIC (approx.)10.22%
Tax rate-2.70%
Other income / net worth0.81%
Growth
Sales growth (latest year)-14.14%
Sales CAGR, 3 years-11.03%
Sales CAGR, 5 years-7.11%
Profit CAGR, 3 years17.10%
Profit CAGR, 5 years23.93%
Sales growth QoQ66.51%
Profit growth QoQ90.09%
Sales growth YoY (latest quarter)18.30%
Per share
EPS (TTM)Rs 11.90
EPS (latest year)Rs 3.04
EPS (latest quarter)Rs 5.63
EPS, 3-year averageRs -11.42
EPS, 5-year averageRs -1.48
Book value per shareRs 88.98
Sales per shareRs 282.84
Cash flow per shareRs -36.40
Free cash flow per shareRs -37.36
Efficiency
Asset turnover1.33x
Fixed asset turnover17.74x
Inventory turnover1.82x
Inventory days200 days
Debtor days27 days
Debtors turnover13.46x
Creditor days17 days
Cash conversion cycle217 days
Working capital days68 days
Leverage
Total debtRs 36 Cr
Cash and bankRs 0 Cr
Net debtRs 36 Cr
Debt to equity1.08x
Net debt / EBITDA4.92x
Interest coverage2.80x
Owners' fund to total sources43.86%
Debt to assets47.47%
Cash flow
Cash from Operating Activity (latest year)Rs -14 Cr
Cash from Investing Activity (latest year)Rs 3 Cr
Cash from Financing Activity (latest year)Rs 11 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -14 Cr
FCFE (approx.: FCF + change in debt)Rs -1 Cr
Statement figures
Net sales (TTM)Rs 106 Cr
Net sales (latest year)Rs 101 Cr
Sales (latest quarter)Rs 31 Cr
Operating profit excl. other income (latest year)Rs 4 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 7 Cr
PBDT (TTM)Rs 5 Cr
Profit before tax (TTM)Rs 4 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 2 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 2 Cr
Cost of goods sold (latest year)Rs 95 Cr
Total expenditure (latest year)Rs 98 Cr
Total income (latest year)Rs 101 Cr
Share capitalRs 4 Cr
ReservesRs 30 Cr
Shareholders' fundsRs 33 Cr
Total assetsRs 76 Cr
Net blockRs 6 Cr
InvestmentsRs 0 Cr
ReceivablesRs 8 Cr
InventoryRs 52 Cr
Other liabilitiesRs 7 Cr
Shares outstanding (crore)0.37
Ownership
Promoter holding41.82% (-0.34 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 3.2 is at the 12th percentile of its own 7.7-year range
(median 18.9, low 1.6, high 174.3).
P/B 0.43 is at the 60th percentile (median 0.40).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 530119 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.9% | -2.8% | -3.1 pts |
| 1 month | -2.3% | -6.8% | +4.5 pts |
| 3 months | +5.7% | -7.6% | +13.4 pts |
| 3 years | -24.9% | +14.2% | -39.1 pts |
| 5 years | -46.1% | +27.9% | -74.0 pts |
Red flags
F-score 4 of 8| explain | High accruals Profit exceeded operating cash by 19% of total assets in 2026 |
| explain | Low interest cover Interest cover 1.5x in 2026 |
| look | Inventory outrunning sales Inventory grew 59% vs sales -14% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹31 Cr +18.3% vs Jun 2025.
Net profit ₹2 Cr +274.4%.
Activity
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|---|---|---|---|
| Marico Ltd | 102,346 | 54.2 | 47.0 % |
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| CIAN Agro Industries & Infrastructure Ltd | 3,115 | 9.67 | 12.3 % |
| Sundrop Brands Ltd | 2,831 | 101 | 1.93 % |
| Shri Venkatesh Refineries Ltd | 1,452 | 38.0 | 19.8 % |
| KN Agri Resources Ltd | 500 | 14.0 | 13.6 % |
| Gokul Refoils and Solvent Ltd | 386 | 18.6 | 8.25 % |
| Kriti Nutrients Ltd | 364 | 10.8 | 20.0 % |
| Integrated Proteins Ltd | 249 | 429 | 1.26 % |
| Vijay Solvex Ltd | 207 | 8.69 | 9.00 % |
| Ramdevbaba Solvent Ltd | 204 | 17.8 | 5.39 % |
| Ajanta Soya Ltd | 183 | 12.7 | 8.87 % |
| Prime Industries Ltd | 177 | 19.8 | 26.9 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Natraj Proteins Ltd?
Natraj Proteins Ltd (530119) has a market capitalisation of Rs 15.3 Cr. at the 2026-10-01 close.
What is the P/E ratio of Natraj Proteins Ltd?
Natraj Proteins Ltd trades at a P/E of 3.43 on trailing twelve-month profit, at the 2026-10-01 close.
What were Natraj Proteins Ltd's latest quarterly results?
In the Jun 2026 quarter, Natraj Proteins Ltd sales was Rs 31 Cr (+18.3% vs Jun 2025) and net profit was Rs 2 Cr.