Narmada Gelatines logo

Narmada Gelatines share price

BSE: 526739Chemicals & PetrochemicalsSmall Cap

Last close ₹402.90down ₹21.70 (5.11%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹424.60.

52-week range of traded prices to 23 Oct 2026
₹330.00Low, 28 Oct 2025₹545.00High, 11 Aug 2026
Market cap
₹244 Cr2,291st largest listed
P/E
7.0
P/B
1.7
Dividend yield
2.73%
ROE
26.2%
ROCE
27.8%
Debt to equity
0.05
Volume, BSE
3,646

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+18.2%over a year · Nifty 500 −9.8%

Dividend20-session average 2,494 shares a day

Results

Standalone, as consolidated accounts are on record for only 2 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹56 Crdown 8.64%
Net profit
₹8.19 Crdown 14.51%
Net margin
14.5%

Revenue by year

Peak revenue ₹215 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 4 NovDec 2024Filed 24 FebMar 2025Filed 4 AugJun 2025Filed 13 AugSep 2025Filed 12 NovDec 2025Filed 12 FebMar 2026Filed 25 MayJun 2026Filed 12 Aug
Revenue47.948.049.845.851.256.761.756.4
Net profit3.84.35.45.06.57.49.68.2
Net margin8.0%8.9%10.8%10.9%12.7%13.0%15.5%14.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Gelatine, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 7% of 2,195 trading days since May 2017.

LowestHighest
Its median11.5Industry median24.5
Price to book

At or below today's level on 59% of 1,955 trading days since Nov 2018.

LowestHighest
Its median1.0Industry median2.5
EV to EBITDA5.4

At or below today's level on 4% of 1,902 trading days since Feb 2019.

LowestHighest
Its median8.9Industry median16.2
Dividend yield

At or below today's level on 28% of 2,459 trading days over the last 10 years.

LowestHighest
Its median3.10%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+10.6%+65.2%−35.0%3.2%
3 years+8.5%+23.0%−14.3%3.1%
5 years+26.9%+27.5%−8.0%9.7%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters75.00%
  • Indian institutions0.01%
  • Individuals and others24.99%
Holder
Pioneer Jellice India Private LimitedPromoter40.06%
Ashok Matches and Timber Industries Private LimitedPromoter34.94%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Specialty Chemicals, 130 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Narmada Gelatines in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Dynemic Products logoDynemic ProductsDYNPRO27813.71.16.7−2.9%+19.3%8.7%11.2%0.67%
Silkflex Polymers (India) logoSilkflex Polymers (India)SILKFLEX27522.65.8–+37.5%+73.6%29.2%–0.00%
HP Adhesives logoHP AdhesivesHPAL275–1.543.4−2.7%––0.3%1.34%
India Gelatine & Chemicals logoIndia Gelatine & ChemicalsINDGELA2549.71.38.0−5.9%+34.3%14.3%13.3%1.68%
Diamines & Chemicals logoDiamines & ChemicalsDIAMINESQ231–1.5–−39.3%−704.8%−6.3%−8.0%0.00%
Indian Toners & DevelopersINDTONER2319.11.06.6+3.9%−3.7%11.7%11.9%2.70%
Dai-Ichi Karkaria logoDai-Ichi KarkariaDAICHI229105.81.229.3−3.9%−74.8%1.2%−1.1%0.49%
Chembond Material Technologies logoChembond Material TechnologiesCHEMBOND22315.31.312.0−26.4%–9.1%8.1%1.20%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹100.00 a share, year to Mar 2023.
Ex-dateTypePer share
12 Aug 2026Final₹11.00
15 Sep 2025Final₹10.00
17 Sep 2024Final₹10.00
19 Dec 2022Special₹100.00
14 Sep 2022Final₹10.00
13 Sep 2021Final₹10.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Narmada Gelatines share price by year

Each calendar year to 2025.Narmada Gelatines share price history

YearClose at year endChangeHighest closeLowest close
2025345.30−10.1%399.15309.30
2024383.90−11.1%444.45332.20
2023431.85+39.9%505.20252.85
2022308.75+68.7%566.15175.35
2021183.05+11.5%240.75149.00
2020164.10+4.6%201.90112.00
2019156.95+43.6%173.05108.50
2018109.30−37.4%180.80106.60
2017174.70+29.9%186.85123.05
2016134.50−25.2%180.20122.70
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 2026424.60425.00401.00402.90407.213,646
22 Oct 2026420.00426.85420.00424.60424.62370
21 Oct 2026435.00436.40405.10420.30415.544,528
19 Oct 2026438.80439.80428.30430.20435.541,075
16 Oct 2026434.95438.00431.10433.25432.821,576
15 Oct 2026440.90446.45430.30432.00435.121,481
14 Oct 2026437.00441.80436.00440.90438.82445
13 Oct 2026427.55436.80427.55436.75434.33863
12 Oct 2026424.30437.80424.30430.30431.01815
9 Oct 2026432.85433.85424.00427.60427.015,048
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
19 Dec 2022Price move–A corporate action went ex within three days of this move (Special Dividend - Rs. - 100.0000, ex-date 19 Dec 2022), and its terms do not account for the move. Not adjusted for.
26 Sep 2014Bonus0.6667Holders received 1 bonus share for every 2 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

Company details

Legal name
Narmada Gelatines Ltd.
BSE code
526739
ISIN
INE869A01010
Industry
Chemicals & Petrochemicals
Listed
Mar 1995
Face value
₹10
CIN
L24111MP1961PLC016023
Corporate identity number, the registrar of companies' code for it