National Standard (India) share price & results
- Sept 2026
- Sept 2026
Lodha Developers subsidiary winding down leftover inventory from a real estate project completed in 2018.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 0.00 | −100.0% YoY | Quarterly, as filed | Quarter to Sept 2026 | Revenue from operations as filed. |
| Operating margin | Operating profit / revenue | Quarter to Sept 2026 | Not in the filed figures for the quarter to sept 2026. No older figure is substituted. | ||
| Net profit | 3.3 | −21.6% YoY | Quarterly, as filed | Quarter to Sept 2026 | Profit after tax as filed. |
| Return on equity | 3.57 | −1.3 pts | Trailing twelve months | TTM to Sept 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | Fiscal year | FY ending Mar 2026 | Not in the analysed materials. No older figure is substituted. | ||
| Revenue growth (YoY) | -93.99 | −13.9 pts | Trailing twelve months | TTM to Sept 2026 | Revenue change against the same period one year earlier. |
Price
Performance −93.9% 1Y
1Y: ₹1,716.15 on 24 Oct 2025 → ₹105.5. High ₹2,165.2 (9 Jan 2026), low ₹102.5 (23 Oct 2026).
- Previous close
- ₹104.1
- Market cap
- ₹210 Cr
- 52-week range
- ₹102.5 – ₹2,165.2
- One year
- −93.84%
- Price to earnings (TTM to Sept 2026)
- 20.41×
- Return on equity (TTM to Sept 2026)
- 3.57%
Overview
- Symbol
- NSE:NATIONSTD
- Sector
- Realty
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What National Standard (India) Limited does
Based on the company's own presentations, annual report and earnings calls.
National Standard (India) Limited is a subsidiary of Lodha Developers Limited (formerly Macrotech Developers Limited), with Sambhavnath Infrabuild and Farms Private Limited as the ultimate holding company. The company has no ongoing or newly envisaged project; its entire revenue is derived from the sale of leftover inventory of a past real estate project that was completed in 2018. The company has no employees of its own — its Key Managerial Personnel are on deputation from the holding company. It remains listed on the BSE (Scrip Code 504882) and was voluntarily delisted from the Calcutta Stock Exchange effective February 1, 2025.
- Ongoing/planned projects
- None — no active or newly envisaged real estate project
- Revenue source
- Sale of leftover inventory from a real estate project completed in 2018
- Employees
- 0 (no employees; Key Managerial Personnel deputed from holding company)
- Parent company
- Lodha Developers Limited (formerly Macrotech Developers Limited)
- Ultimate holding company
- Sambhavnath Infrabuild and Farms Private Limited
- Stock exchange listing
- Listed on BSE; voluntarily delisted from Calcutta Stock Exchange effective Feb 1, 2025
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −22% (quarter to sept 2026 against sept 2025).
| Line item | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 16 | 3 | 0 | 17 | 3 | 0 | -1 | 0 |
| Expenses | 17 | 3 | 3 | 18 | 3 | 3 | 0 | 0 |
| Operating profit | -1 | -0 | -3 | -0 | -0 | -3 | -1 | -0 |
| Operating margin | −6.2% | −3.9% | — | −2.1% | −1.9% | — | — | — |
| Other income | 4 | 5 | 4 | 6 | 4 | 5 | 4 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 5 | 1 | 6 | 4 | 2 | 3 | 4 |
| Tax rate | 32.1% | 26.4% | 33.6% | 26.9% | 24.6% | 29.7% | 25.1% | 25.1% |
| Net profit | 2 | 4 | 1 | 4 | 3 | 1 | 3 | 3 |
| EPS (₹ per share) | 1.08 | 1.80 | 0.50 | 2.13 | 1.62 | 0.58 | 1.27 | 1.67 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 17 | 21 | 22 | 20 |
| Expenses | 16 | 18 | 22 | 27 |
| Operating profit | 2 | 3 | 0 | -6 |
| Other income | 11 | 17 | 18 | 20 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 12 | 20 | 18 | 13 |
| Net profit | 8 | 15 | 13 | 10 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 | Sept 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 224 | 239 | 252 | 258 | 262 | 268 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 |
| Other liabilities | 9 | 8 | 5 | 6 | 3 | 3 |
| Total liabilities | 253 | 268 | 277 | 284 | 285 | 291 |
| Fixed assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other assets | 253 | 268 | 277 | 284 | 285 | 291 |
| Total assets | 253 | 268 | 277 | 284 | 285 | 291 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 1 | 3 | 13 | -1 | -8 | -6 |
| Cash from investing | -3 | -2 | -14 | 1 | 8 | 17 |
| Cash from financing | 0 | 0 | 0 | 0 | 0 | 0 |
| Net cash flow | -2 | 1 | -1 | 0 | -1 | 11 |
| Free cash flow | 1 | 3 | 13 | -1 | -8 | -6 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 76 | 237 | 23 | 19 | 47 | 42 |
| Cash conversion cycle | 76 | 237 | 23 | 19 | 47 | 42 |
| Working capital days | 4201 | 2888 | 5002 | 4296 | 4334 | 4713 |
| Return on capital employed | 6.0% | 15.0% | 5.0% | 8.0% | 7.0% | 5.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Ownership
Who owns it
Promoters hold 73.94% as of Sept 2026.
- Promoters 73.94%
- Public 26.06%
Who is on the register
Named in the Sep 2026 filing
Every holder of National Standard (India) Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 73.94% | unchanged | |
| 6.80% | unchanged | |
| 4.87% | unchanged | |
| 4.40% | unchanged | |
| 2.54% | unchanged | |
| 1.14% | unchanged | |
| — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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