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

Total Valuation

INR

As of March 31, 2026, Narmadesh Brass Industries Limited carries a market capitalization of 465.12M, placing it among publicly traded companies globally. Its enterprise value stands at 571.95M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap465.12M
Enterprise Value571.95M

Share Statistics

As of March 31, 2026, Narmadesh Brass Industries Limited has 3.10M shares outstanding.

Shares Outstanding3.10M

Valuation Ratios

As of March 31, 2026, Narmadesh Brass Industries Limited trades at a trailing price-to-earnings ratio of 13.13. The price-to-sales ratio is 0.49, and the price-to-book ratio stands at 0.87.

PE Ratio13.13
PS Ratio0.49
PB Ratio0.87
P/TBV Ratio0.87
P/FCF Ratio-2.45
P/OCF Ratio-3.28

Enterprise Valuation

As of March 31, 2026, Narmadesh Brass Industries Limited trades at an EV/EBITDA multiple of 12.48 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.60 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 16.06 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. These enterprise value multiples are built on an enterprise value of 571.95M versus a market cap of 465.12M, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.60
EV / EBITDA12.48
EV / EBIT16.06

Financial Position

As of March 31, 2026, Narmadesh Brass Industries Limited maintains a current ratio of 3.13, meaning it holds 3.1x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 20.23, indicating elevated leverage, while an interest coverage ratio of 2.93 demonstrates limited ability to service its debt obligations.

Current Ratio3.13
Debt / Equity20.23
Debt / EBITDA2.35
Interest Coverage2.93

Financial Efficiency

Over the twelve months ended March 31, 2026, Narmadesh Brass Industries Limited posted a return on equity (ROE) of 11.18, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 6.03 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 5.32, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 9.59, useful for judging operating efficiency across full business cycles. Inventory turnover of 3.27 indicates how many times Narmadesh Brass Industries Limited sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)11.18
Return on Assets (ROA)5.32
Return on Invested Capital (ROIC)6.03
Return on Capital Employed (ROCE)9.59
Inventory Turnover3.27

Taxes

INR

Over the twelve months ended March 31, 2026, Narmadesh Brass Industries Limited recorded 4.49M in income tax expense. That works out to an effective tax rate of 11.22, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 40.00M, leaving 35.51M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax4.49M
Effective Tax Rate11.22

Stock Price Statistics

INR

These figures are as of the close on October 16, 2026.

50-Day Moving Average312.35

Income Statement

INR

Over the twelve months ended March 31, 2026, Narmadesh Brass Industries Limited generated 952.25M in revenue and converted that into 35.51M in net income, yielding earnings per share of 11.43. EBITDA reached 45.83M, while operating income came in at 35.62M.

Revenue952.25M
Gross Profit103.04M
Operating Income35.62M
Pretax Income40.00M
Net Income35.51M
EBITDA45.83M
EBIT35.62M
Earnings Per Share (EPS)11.43

Balance Sheet

INR

As of March 31, 2026, Narmadesh Brass Industries Limited holds 898,000.00 in cash and equivalents against 107.73M in total debt, resulting in a net debt position of 100.07M. Total book value stands at 532.63M, with working capital of 408.41M providing operational flexibility.

Cash & Cash Equivalents898,000.00
Total Debt107.73M
Net Debt100.07M
Equity (Book Value)532.63M
Book Value Per Share171.77
Working Capital408.41M

Cash Flow

INR

Narmadesh Brass Industries Limited produced -142.20M in operating cash flow over the twelve months ended March 31, 2026. After subtracting -48.12M in capital expenditures, free cash flow totaled -190.32M - equivalent to -61.24 per share.

Operating Cash Flow-142.20M
Capital Expenditures-48.12M
Free Cash Flow-190.32M
FCF Per Share-61.24

Margins

Over the twelve months ended March 31, 2026, Narmadesh Brass Industries Limited posted a gross margin of 10.82, reflecting its pricing power and cost economics. The operating margin of 3.74 and net profit margin of 3.73 provide insight into operational efficiency.

Gross Margin10.82
Operating Margin3.74
Pretax Margin4.20
Profit Margin3.73
EBITDA Margin4.81

Dividends & Yields

These figures cover the twelve months ended March 31, 2026. Free cash flow yield is negative at -40.82: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -42.84, meaning Narmadesh Brass Industries Limited raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Shareholder Yield-42.84
FCF Yield-40.82