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Disclaimer: Ratings and scores are generated algorithmically from publicly available market data for educational and informational purposes only. They do not constitute investment advice or solicitation to buy/sell securities. Bull Run is not a SEBI-registered Research Analyst or Investment Adviser.

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  7. National Fittings Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

National Fittings Ltd Stock Price Today (NSE: NATFIT)

National Fittings Ltd

NATFITIron & Steel Products
₹147.00₹2.50 (1.67%)↓
As on 15 Apr 2026, 11:00 am ISTMarket Closed

Fundamental Score

...

National Fittings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

National Fittings Ltd share price today is ₹147.00, down 1.67% on NSE/BSE as of 15 April 2026. National Fittings Ltd (NATFIT) is a Small-cap company in the Iron & Steel Products sector with a market capitalisation of ₹155.00 (Cr). The 52-week high for NATFIT share price is ₹235.00 and the 52-week low is ₹116.60. At a P/E ratio of 17.13x, NATFIT is currently trading below its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 9.12% and a debt-to-equity ratio of 0.04.

National Fittings Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-1.67%

AI Research Briefing

Powered by Gemini · 2026-04-09

NATFIT is a steady micro-cap play, but liquidity risk and macro dependence cap upside.

Research Confidence
6.0/10Moderate
COMPOUNDER1M: -13.31% | 3M: -1.36% | 6M: 3.27% - Recent price weakness suggests consolidation.Fair

⚡ WHAT'S HAPPENING NOW (last 2-4 weeks): No major catalysts found after live search. Last significant news was the upgrade to 'Hold' by Markets Mojo on April 1st, 2026, citing improved financials and valuation. 🧠 CORE STORY (THE REAL GAME): National Fittings is being priced as a steady, reliable micro-cap play in the iron and steel fittings sector, benefiting from infrastructure spending and export demand. The market sees it as a consistent performer, not necessarily a high-growth disruptor. 🔥 WHAT IS DRIVING THE STOCK: 1. **Improved Profitability:** Q3FY26 net profit jumped 180% to ₹292.51 lakhs YoY. 2. **Relocation to Gujarat:** Shareholder approval secured to move the registered office to Gujarat, potentially improving operational efficiency. 3. **Attractive Valuation:** Trading at a P/B of 1.6, considered fair relative to peers. PEG ratio of 0.1 suggests undervaluation. ⚖️ BULL vs BEAR: Bull: Consistent earnings, prudent financial management (low D/E of 0.10x), and a favorable valuation could drive further upside. The company's focus on ductile iron pipes also positions it well for water infrastructure projects. Bear: Micro-cap liquidity risk is substantial. Steel prices in India remain under pressure. Dependence on China for iron ore exports creates revenue risk. Any slowdown in infrastructure spending will hurt top-line growth. 💣 WHAT MARKET IS PRICING: The market is pricing in continued steady earnings growth and operational efficiency. The risk is that any disruption to this narrative will lead to a sharp correction. 🎯 BOTTOM LINE: NATFIT is a micro-cap with decent financials, but liquidity risk and dependence on macro factors limit alpha generation. It's a HOLD for now, but watch closely for signs of stress.

Why Now
  • Q3FY26 profit jumped 180% YoY
  • Relocation to Gujarat approved
  • Fair valuation with P/B of 1.6
Potential Catalysts
  • Significant order win
  • Increase in infrastructure spending
  • Improvement in steel prices
Key Risks
  • Micro-cap liquidity risk
  • Dependence on China for iron ore exports
  • Pressure on steel prices
Institutional Activity

FII: 0.0% (Δ 0.0%) | DII: 0.01% (Δ 0.0%) | Promoter: 34.04% (Δ 0.0%) - No change in institutional holding suggests a lack of strong conviction.

Macro Context

Iron ore imports are set to hit a 7-year high, indicating increased demand but also potential cost pressures.

Cash Flow Quality

Free Cash Flow 5Y: ₹60.56 Cr - Profit converting to cash.

3–6 Month Outlook

Expect steady performance driven by infrastructure demand. Monitor steel prices and export trends closely.

Primary Thesis Risk

Reliance on macro factors and micro-cap illiquidity can derail the story.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

9.12%
Poor

ROCE

10.04%
Average

OPM (5Y)

10.70%

Div Yield

0.59%

National Fittings Ltd Valuation Check

Good

P/E Ratio

17.13x
Poor

Industry P/E

22.05x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

155.00 (Cr)

Growth Engine

Excellent

Profit Growth (Q)

119.05%
Excellent

Sales Growth (Q)

26.55%
Poor

Sales Growth (5Y)

6.57%
Excellent

EPS Growth (5Y)

36.71%
Excellent

Profit Growth (5Y)

36.71%

Balance Sheet Health

Excellent

Debt to Equity

0.04x
Excellent

Int. Coverage

17.94x

Free Cash Flow (5Y)

60.56 (Cr)

Shareholding

Excellent

Promoter

34.04%
Poor

FII

0.00%
Poor

DII

0.01%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹147.00— Analysis below may reference an earlier price snapshot.

National Fittings Share Price: A Financial Stability Analysis

The Iron & Steel Products sector, particularly within specialized fittings, is often a bellwether of broader economic activity. As infrastructure projects and manufacturing output fluctuate, so too does demand and pricing for these essential components. This analysis examines the financial stability of National Fittings Ltd, focusing specifically on the current National Fittings share price of ₹175.0. We will assess its performance relative to its peers and highlight key financial metrics.

The company's current Price-to-Earnings (PE) ratio stands at 17.13. This valuation metric, when compared to sector averages and peers, provides an initial indication of investor sentiment and potential over or undervaluation. For example, the management quality and business decisions Azad India often influence investor perception of inherent value and future prospects; a crucial factor in how their PE compares to National Fittings.

Return on Capital Employed (ROCE) is a critical metric for evaluating the company's efficiency in generating profits from its capital investments. National Fittings currently exhibits a ROCE of 10.04%. This percentage reflects the company's profitability in relation to the capital it employs. A consistently higher ROCE typically contributes to a stronger economic moat, signifying a competitive advantage due to superior capital allocation and operational efficiency. A lower ROCE, conversely, could indicate vulnerabilities to competition or inefficient capital management. Maintaining or improving ROCE is crucial for sustainable growth and shareholder value.

Our analysis forms part of a comprehensive 80-parameter fundamental audit of National Fittings Ltd, rigorously verified by Sweta Mishra. This includes a detailed examination of balance sheet strength, cash flow generation, and earnings quality. This analysis is purely observational and does not constitute a recommendation to buy, sell, or hold National Fittings shares. This overview provides a snapshot of National Fittings' financial standing at a specific point in time, requiring continuous monitoring and evaluation in the context of evolving market dynamics.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

National Fittings Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of NATFIT across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Attractive Valuation (P/E: 17.13 vs Industry: 22.05)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (119.05%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (26.55%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Excellent EPS Growth (36.71% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (36.71% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.04)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (17.94x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹60.56 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Below-Average Return on Equity (9.12%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Limited Institutional Interest (FII+DII: 0.01%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

National Fittings Ltd Financial Statements

Comprehensive financial data for National Fittings Ltd including income statement, balance sheet and cash flow

About NATFIT (National Fittings Ltd)

National Fittings Ltd. is a cornerstone in the Indian infrastructure landscape, forging robust connections across industries with its specialized iron and steel products. As a prem...ier manufacturer, NATFIT is renowned for its high-quality SG iron grooved and screwed pipe fittings, vital components that ensure secure and reliable fluid transport in diverse environments. Beyond iron, their expertise extends to stainless pipe fittings, meeting the stringent demands of corrosion-resistant applications. Driven by precision engineering and rigorous quality control, NATFIT stands as a trusted partner, delivering dependable solutions that underpin critical infrastructure projects throughout India. Beyond pipe fittings, NATFIT offers a comprehensive portfolio of industrial flow control solutions. Their valve range encompasses ball, butterfly, and check valves, expertly crafted from durable ductile iron to regulate fluid flow with precision and efficiency. NATFIT's commitment to integrated solutions extends to a diverse line of pumps, including centrifugal, mini monoblock, and submersible models, designed to cater to a broad spectrum of fluid handling requirements. These pumps are essential for applications ranging from water management and irrigation to industrial processes, showcasing NATFIT's dedication to meeting the comprehensive needs of its clientele. NATFIT’s unwavering commitment to quality and innovation has propelled its products beyond domestic borders. As a significant exporter, the company showcases Indian engineering prowess on the global stage. By consistently delivering exceptional performance and reliability, NATFIT has cultivated a reputation as a dependable supplier for international projects. Driven by a customer-centric approach and a deep understanding of industry demands, National Fittings Ltd. continues to strengthen its position as a leading force in the iron and steel products sector, both at home and abroad.

Company Details

Symbol:NATFIT
Industry:Iron & Steel Products
Sector:Iron & Steel Products
Website:https://www.nationalfitting.com

Key Leadership

Mr. Jayaram Govindarajan M.B.A.
Joint MD & Executive Director
Mr. Arpit Agarwal
MD & Executive Director
Mr. J. Saravanan M.Com., MBA
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date
2025-09-12

NATFIT Share Price: Frequently Asked Questions

What is the current share price of National Fittings Ltd (NATFIT)?

As of 15 Apr 2026, 11:00 am IST, National Fittings Ltd share price is ₹147.00. The NATFIT stock has a market capitalisation of ₹155.00 (Cr) on NSE/BSE.

Is NATFIT share price Overvalued or Undervalued?

NATFIT share price is currently trading at a P/E ratio of 17.13x, compared to the industry average of 22.05x. Based on this relative valuation, the National Fittings Ltd stock appears to be Undervalued against its sector peers.

What is the 52-week high and low of NATFIT share price?

The 52-week high of NATFIT share price is ₹235.00 and the 52-week low is ₹116.60. These values are updated daily from NSE/BSE price data.

What factors affect the National Fittings Ltd share price?

Key factors influencing NATFIT share price include quarterly earnings growth (Sales Growth: 26.55%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is National Fittings Ltd a good stock for long-term investment?

National Fittings Ltd shows a 5-year Profit Growth of 36.71% and an ROE of 9.12%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.04 before investing in NATFIT shares.

How does National Fittings Ltd compare with its industry peers?

National Fittings Ltd competes with major peers in the Iron & Steel Products. Investors should compare NATFIT share price P/E of 17.13x and ROE of 9.12% against the industry averages to determine competitive standing.

What is the P/E ratio of NATFIT and what does it mean?

NATFIT share price has a P/E ratio of 17.13x compared to the industry average of 22.05x. Investors pay ₹17 for every ₹1 of annual earnings.

How is NATFIT performing according to Bull Run's analysis?

NATFIT has a Bull Run fundamental score of 56.5/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does NATFIT belong to?

NATFIT operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting National Fittings Ltd share price.

What is Return on Equity (ROE) and why is it important for NATFIT?

NATFIT has an ROE of 9.12%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently National Fittings Ltd generates profits from shareholders capital.

How is NATFIT debt-to-equity ratio and what does it indicate?

NATFIT has a debt-to-equity ratio of 0.04, which indicates conservative financing with low financial risk.

What is NATFIT dividend yield and is it a good dividend stock?

NATFIT offers a dividend yield of 0.59%, meaning you receive ₹0.59 annual dividend for every ₹100 invested in National Fittings Ltd shares.

How has NATFIT share price grown over the past 5 years?

NATFIT has achieved 5-year growth rates of: Sales Growth 6.57%, Profit Growth 36.71%, and EPS Growth 36.71%.

What is the promoter holding in NATFIT and why does it matter?

Promoters hold 34.04% of NATFIT shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in National Fittings Ltd.

What is NATFIT market capitalisation category?

NATFIT has a market capitalisation of ₹155 crores, placing it in the Small-cap category.

How volatile is NATFIT stock?

NATFIT has a beta of N/A. A beta > 1 suggests the National Fittings Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is NATFIT operating profit margin trend?

NATFIT has a 5-year average Operating Profit Margin (OPM) of 10.70%, indicating the company's operational efficiency.

How is NATFIT quarterly performance?

Recent quarterly performance shows National Fittings Ltd YoY Sales Growth of 26.55% and YoY Profit Growth of 119.05%.

What is the institutional holding pattern in NATFIT?

NATFIT has FII holding of 0.00% and DII holding of 0.01%. Significant institutional holding often suggests professional confidence in the National Fittings Ltd stock.

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Frequently Asked Questions about National Fittings Ltd

What is the current share price of National Fittings Ltd?

National Fittings Ltd (NATFIT) trades at ₹147.00 on NSE and BSE. Market cap ₹155.00 (Cr). Educational data only.

What is the P/E ratio of National Fittings Ltd?

National Fittings Ltd has a P/E of 17.13x vs industry average 22.05x.

What is the Bull Run score for National Fittings Ltd?

National Fittings Ltd has a Bull Run score of 56.5/100 based on 25+ financial parameters.

Does National Fittings Ltd pay dividends?

National Fittings Ltd has a dividend yield of 0.59%. Past dividends don't guarantee future payments.

What is the ROE of National Fittings Ltd?

National Fittings Ltd has ROE of 9.12%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of National Fittings Ltd?

National Fittings Ltd has debt-to-equity of 0.04.

Is National Fittings Ltd a good investment?

Bull Run gives National Fittings Ltd a score of 56.5/100. This is not investment advice — consult a SEBI-registered advisor.