National Standard (India) Ltd.

National Standard (India) Ltd.

102.10
INR
-2.80
(-2.67%)
3.97EPS
320.37P/E
25.45BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
55.36
73.83
91.85
55.6
17.74
6.63
1.09
7.76
12.22
8.64
10.59
10.94
10.21
1.08
Basic EPS, GAAP
15.62
21.19
30.37
20.71
5.56
2.38
3.26
5.53
12.3
4.12
7.37
6.6
4.83
3.97
Free Cash Flow per Basic Share
24.77
26.79
38.99
-5.87
-9.83
3.57
1.07
0.68
1.44
6.41
-0.49
-4.13
-3.01
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
16.66
37.96
68.33
89.04
94.6
96.98
100.24
105.77
118.08
122.2
129.57
136.17
141
- -
Tangible Book Value per Share
16.66
37.96
68.33
89.04
94.6
96.98
100.24
105.77
118.08
122.2
129.57
136.17
141
- -
Basic Weighted Avg Shares
20
20
20
20
20
20
20
20
20
20
20
20
20
20
Sales/Revenue/Turnover
1,107
1,477
1,837
1,112
355
133
22
155
244
173
212
219
204
22
Operating Margin (%)
41.13
44.16
48.66
56.92
31.52
-33.84
-47.16
9.35
59.75
8.65
16.2
-0.97
-16.43
-325.05
Depreciation Expense
3
3
- -
1
- -
- -
2
2
1
- -
- -
- -
- -
- -
Net Income, GAAP
312
424
607
414
111
48
65
111
246
82
147
132
97
79
Effective Tax Rate (%)
32.9
36.24
33.49
42.21
35.29
20.79
21.27
29.82
27.44
31.37
26.11
27.76
27.26
26.75
Profit Margin (%)
28.22
28.7
33.07
37.24
31.35
35.9
300.25
71.21
100.66
47.72
69.62
60.32
47.31
369.32
Working Capital
343
775
1,410
1,776
1,871
1,857
1,913
2,018
2,329
2,388
2,525
2,654
2,754
- -
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
333
759
1,367
1,781
1,892
1,940
2,005
2,115
2,362
2,444
2,591
2,723
2,820
- -
Return on Invested Capital (%)
- -
20.4
21.19
12.95
3.12
-1.83
-0.41
0.49
4.73
0.43
1.01
-0.06
-1.65
- -
Return on Capital (%)
- -
28.48
30.69
18.73
6.54
2.6
3.36
5.44
11.02
3.45
5.85
4.97
3.48
- -
Return on Common Equity (%)
- -
77.59
57.15
26.32
6.06
2.48
3.31
5.37
10.99
3.43
5.85
4.97
3.48
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
- -
- -
25,446

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
2,783
- -
Cash, Cash Equivalents & STI
- -
274
- -
Accounts Receivable, Net
- -
24
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
29
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.77%
5.96%
3.55%
Free Cash Flow
77.47%
212.93%
-27.06%
Net Income, GAAP
4.19%
19.52%
-26.82%
Sales/Revenue/Turnover
40.78%
9.47%
-6.69%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
38
157
28
219
2026
- -
- -
32
- -
204
2027
-10
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.32
2.4
1.08
1.8
6.6
2026
0.49
- -
1.63
0.58
4.83
2027
1.27
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

CEO
Darshan Multani
Full Time Employees
8
Sector
Finance
Industry
Real estate development
Address
One Lodha Place Mumbai MA India 400013
IPO Date
Feb 27, 2008
Business
National Standard (India) Limited engages in real estate development in India, focusing on residential and mixed-use projects; it develops aspirational residential towers and commercial office spaces targeting higher and upper middle-income segments. Incorporated in 1962 as National Standard Duncan Limited and headquartered in Mumbai, Maharashtra, the company changed its name to National Standard (India) Limited and became part of the Lodha Group in May 2011 as a subsidiary of Ananthnath Constructions and Farms Private Limited. Its flagship project, Lodha Grandezza in Thane's Wagle Estate central business district, features twin 18-storey residential towers alongside three Supremus commercial towers offering boutique office spaces from 2,000 to 20,000 square feet; operations are concentrated in Mumbai and surrounding regions with listing on the Bombay Stock Exchange under ticker NATIONSTD.BO and Calcutta Stock Exchange, ISIN INE166R01015. Historically involved in manufacturing tyre bead-wire, tyre moulds, and related machinery including hi-tensile wires and engraved steel moulds for radial and off-the-road tyres, the company shifted to real estate following financial challenges and BIFR proceedings. Recent developments include strong Q2 FY26 results with operational revenue rising to ₹1,725.18 lakhs from ₹380.25 lakhs year-over-year and H1 FY26 total income doubling to ₹2,777.74 lakhs; the board approved a merger scheme with Lodha Developers Limited (formerly Macrotech Developers Limited) on July 30, 2024, with a modification on August 11, 2025, pending regulatory approvals.