Narmadesh Brass Industries Limited

Narmadesh Brass Industries Limited

BBSE:NARMADESH
261.00
INR
+1.30
(+0.50%)
11.43EPS
13.13P/E
465.12MMarket Cap
2023 Y
2024 Y
2025 Y
2026 Y
Revenue per Share
193.38
254.4
283.14
306.39
Basic EPS, GAAP
2.88
22.88
16.34
11.43
Free Cash Flow per Basic Share
-17.08
-37.77
3.45
-61.24
Dividend per Share
- -
- -
- -
- -
Book Value per Share
26.77
28.93
33.05
171.77
Tangible Book Value per Share
26.77
27.17
30.69
171.77
Basic Weighted Avg Shares
3
3
3
3
Sales/Revenue/Turnover
600
789
878
952
Operating Margin (%)
2.5
13.41
9.41
3.74
Depreciation Expense
5
7
8
10
Net Income, GAAP
9
71
51
36
Effective Tax Rate (%)
23.62
26.67
28.28
11.22
Profit Margin (%)
1.49
9
5.77
3.73
Working Capital
22
48
46
408
LT Debt
10
14
16
31
Total Equity
83
90
102
533
Return on Invested Capital (%)
- -
31.22
15.77
6.03
Return on Capital (%)
- -
33.02
17.22
9.59
Return on Common Equity (%)
- -
82.18
52.74
11.18

Capital Structure

INR

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

INR

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
419.78%
Free Cash Flow
- -
- -
-1,879.04%
Net Income, GAAP
- -
- -
-29.91%
Sales/Revenue/Turnover
- -
- -
8.46%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
789
2025
- -
- -
878
2026
- -
- -
952

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
22.88
2025
- -
- -
16.34
2026
- -
- -
11.43

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Sector
Producer manufacturing
Industry
Metal fabrication
Address
Jamnagar India
IPO Date
Jan 21, 2026
Business
Narmadesh Brass Industries Limited manufactures, processes, and supplies non-ferrous metal products, precision brass components, and intermediate raw materials for industrial and commercial applications. The company's product portfolio comprises basic brass and metal materials, including brass billets, extruded brass rods, continuous casting rods, and copper ingots; plumbing and sanitary components, including brass pipe fittings, sanitary fittings, compression fittings, lead-free brass connectors, and tap parts; flow control devices, including brass ball valves, non-return valves, and valve components; agricultural and garden hardware, including agricultural sprayer components, spray nozzles, and garden hose fittings; precision turned parts, including customized computer numerical control (CNC) machined components, vertical machining center (VMC) turned parts, and electrical brass hardware; and specialized manufacturing services, including in-house forging, casting, and precision metal machining. The company serves original equipment manufacturers, industrial distributors, and commercial enterprises across the electrical, plumbing, agricultural machinery, automotive, and construction sectors in domestic Indian markets as well as overseas markets across the Middle East and Asia. Founded in August 2019 as a partnership firm named M/s Narmada Brass Industries, the entity was converted into a public limited company under the name Narmadesh Brass Industries Limited in October 2023. The company operates as a key manufacturing subsidiary of Sprayking Limited, which acquired a controlling majority stake to consolidate brass forging and machining capabilities. In January 2026, Narmadesh Brass Industries completed its initial public offering and listed its equity shares on the BSE SME platform under ticker BSE: 544680 to fund capital expenditures for advanced machinery, augment working capital, and reduce debt obligations. Recent operational expansions include scaling plant processing capacity to 2,000 metric tons per annum and securing multi-million export supply agreements for brass billets with international trade partners in Dubai and mainland China. Narmadesh Brass Industries Limited is headquartered in Jamnagar, Gujarat, India.