# National Standard (India) share price today (National Standard (India) Ltd, NSE: NATIONSTD)

> National Standard (India) share price today: ₹104.23 at the NSE close on 3 November 2026, down 93.9% in a year. National Standard (India) (NSE: NATIONSTD) is worth ₹208 crore, trades at a P/E of 18.6 and has closed between ₹100.89 and ₹2,165.20 over the past 52 weeks. > National Standard (India) Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NATIONSTD · Engineering - General · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/national-standard-indialtd

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹104.23 (−93.9% in a year)
- P/E: 18.6× (lower than 95% of the last 8.7 years)
- Revenue (Jun 2026): −₹1.0 Cr
- Profit (Jun 2026): ₹2.5 Cr (+156.6% on a year ago)
- Operating margin: 106.9%
- ROCE: 5%, FY26
- Profit that came in as cash: −39%, last 3 years

The main question: yearly earnings per share moved −26.8% while the share price moved −93.9%. ## What is the National Standard (India) share price today? National Standard (India) Ltd's share price was ₹104.23 at the close on 3 November 2026. It has been falling for 124 weeks. That is 89.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹101 and ₹2,165, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 18 weeks running. Over the last 8.8 years the share price moved +376% while the NIFTY 500 moved +126%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 8 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What are National Standard (India)'s latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), National Standard (India) reported revenue of ₹−1.02 crore, and a profit of ₹2.54 crore, up 156.6% from ₹0.99 crore. ### National Standard (India) results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | loss of ₹1.02 crore | ₹0.00 crore | n/a |
| Profit | ₹2.54 crore | ₹0.99 crore | +156.6% |
| Earnings per share | ₹1.27 | ₹0.50 | +154.0% |
| Operating margin | 106.9% | n/a | n/a |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the National Standard (India) share price history? National Standard (India) closed at ₹104.23 on 3 November 2026, down 93.9% from ₹1,719.75 a year earlier (31 October 2025) and down 99.2% over five years. Its highest weekly close since January 2018 was ₹17,785.90 on 18 November 2021. ### National Standard (India) share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹100.89 | +3.3% |
| 1 month ago · 1 Oct 2026 | ₹114.91 | −9.3% |
| 6 months ago · 30 Apr 2026 | ₹1,344.75 | −92.2% |
| 1 year ago · 31 Oct 2025 | ₹1,719.75 | −93.9% |
| 3 years ago · 3 Nov 2023 | ₹4,672.20 | −97.8% |
| 5 years ago · 4 Nov 2021 | ₹12,671.95 | −99.2% |
| Earliest and lowest weekly close in our records · 23 Jan 2018 | ₹21.90 | +375.9% |
| Highest weekly close since January 2018 · 18 Nov 2021 | ₹17,785.90 | −99.4% |
| 52-week high (weekly close) · 9 Jan 2026 | ₹2,165.20 | −95.2% |
| 52-week low (weekly close) · 23 Oct 2026 | ₹100.89 | +3.3% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (339 weekly closes from 23 January 2018 to 3 November 2026.)

## What is the latest news on National Standard (India)? 3 Nov 2026: National Standard (India) closed at ₹104.23, up 3.3% on the week and down 9.3% on the month. Results for April to June 2026: Profit up 156.6% on a year earlier. ## What dividend does National Standard (India) pay? National Standard (India) has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. National Standard (India) Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is National Standard (India) on? National Standard (India) is not on any of our India lists this week. ## Is National Standard (India) profitable? National Standard (India) Ltd earned ₹2.5 Cr of net profit in the Jun 2026 quarter, +156.6% on the same quarter a year earlier. Full-year FY26 profit was ₹10.0 Cr. Over 10 years profit has grown −16.5% a year on average. That is −249.0% of the quarter's revenue. The same quarter a year earlier earned ₹1.0 Cr. For the full year, FY26 profit was ₹10.0 Cr (−23.1% on the year before). On average over the last four quarters, profit changed +32.2% and revenue +58.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does National Standard (India) make, and is it growing? National Standard (India) Ltd reported −₹1.0 Cr of revenue in the Jun 2026 quarter. Over 10 years it has grown −19.9% a year on average. The last full year, FY26, came in at ₹20.0 Cr. The last four reported quarters add to ₹19.4 Cr. FY26 revenue was ₹20.0 Cr, −9.1% on the year before. Recent pace: the last four quarters grew +58.0% on average, against −19.9% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −13.0%, against −3.8% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −2.9%, against −12.3% a year (accelerating). ## How much of every ₹100 of sales does National Standard (India) keep? National Standard (India) Ltd's operating margin was 106.9% in the Jun 2026 quarter. Across 13 years it has been between −36.0% and 58.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −55.6 percentage points on the year while gross margin changed −56.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is National Standard (India)'s profit turning into cash? Over the last 3 years National Standard (India) Ltd's operations used more cash than they brought in, so cash conversion was −39%, a gap worth watching. In FY26 its operations used ₹6.0 Cr of cash, against ₹10.0 Cr of profit. After ₹0.0 Cr of spending on assets, free cash was −₹6.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it spends almost nothing on new assets, so the cash goes on running the business. The next section shows the spending figures. ## Where does National Standard (India)'s cash go? National Standard (India) Ltd's customer, stock and supplier day counts are not a useful reading on sales this small (₹20.0 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹0.0 Cr on assets over the last 3 years. Spending on assets: ₹0.0 Cr over the last 3 years. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: almost nothing is being spent on new assets, so the cash goes on running the business. ## What is National Standard (India)'s P/E ratio, and how does it compare with its own history? National Standard (India) Ltd's P/E is 18.6×, near the low end of its own history: it has been lower only 5% of the time. Its usual P/E (the middle reading) is 434.7×, over 8.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −26.8% while the price moved −93.9%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −61.7% a year; about +1.1% a year came from earnings growth and about −62.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the National Standard (India) business getting better or worse? National Standard (India) Ltd's business is getting worse. Revenue, profit and EPS growth are shrinking: revenue growth is −13.0% in the latest quarter, against +49.6% at its best in 12 quarters, with ROCE steady at 5.0%. This is based on 12 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does National Standard (India) earn on its capital? National Standard (India) Ltd earned a ROCE of 5% in FY26. That is up from a low of 3% in FY19. Its return on capital used (ROIC) is left out: on sales this small it reads 5%, a number that says nothing useful about the business. It comes from a 50.0% net margin and 0.07× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 50.0% net margin × 0.07× asset turnover × 1.01× leverage (assets divided by equity) ≈ 3.5% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. ## Does National Standard (India) have too much debt? National Standard (India) Ltd had ₹0.0 Cr of borrowings against ₹282 Cr of equity in FY26, so its debt is 0.00× its equity. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Over the last 3 of those years it spent ₹0.0 Cr on assets. The spending on assets is being paid for from cash, not new debt. ## What is the National Standard (India) shareholding pattern? No group of National Standard (India) Ltd's owners changed its stake by a full percentage point over the last two years. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +0.0 points over 8 quarters, to 73.9%. ## How far is National Standard (India) from balance-sheet trouble? For National Standard (India) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does National Standard (India) rank in its industry? 38.5 out of 100, rank 2 of 4 in Engineering - General, with 52% of the evidence available. National Standard (India) Ltd scores 38.5 out of 100 against the 4 companies it is compared with in Engineering - General, ranking 2. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 18.5 + 7.5 + 12.5 = 38.5 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is National Standard (India) compared with? National Standard (India) ranks 2 of 4 Engineering - General companies on the 4-Factor Sector Score, with 38.5 out of 100. 1. [KRN Heat Exchanger and Refrigeration Ltd](https://www.sectoralpha.in/stocks/krn-heat-exchanger-and-refrigeration-ltd) KRN · turning · Most evidence points up · 90% evidence 65.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 77.1% · Profit 94.9% · Operating margin change -5 points · 100% evidence Capital efficiency 16.5/25 · ROCE 16% · Operating margin 15% · 100% evidence Valuation 5.0/20 · P/E 65.3× · PEG 3 · 50% evidence Relative strength 20.0/20 · Lead over its industry 20.4% · Lead over NIFTY 500 11.9% · 1 year 45.7% · 100% evidence · 10 of 12 weeks ahead Exact sum: 24.4 + 16.5 + 5 + 20 = 65.9 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. National Standard (India) Ltd this page NATIONSTD · Too little evidence to rank firmly · 52% evidence 38.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.5/43.75 · Revenue -8.6% · Profit -26.8% · Operating margin change 4.3 points · 88% evidence Capital efficiency 7.5/31.25 · ROCE 4.8% · Operating margin n/a · 84% evidence Valuation 12.5/25 · P/E 20.7× · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 18.5 + 7.5 + 12.5 = 38.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Mamata Machinery Ltd](https://www.sectoralpha.in/stocks/mamata-machinery-ltd) MAMATA · quiet · Most evidence points down · 71% evidence 33.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 4.4/35 · Revenue -13.3% · Profit -79.3% · Operating margin change -21 points · 88% evidence Capital efficiency 7.3/25 · ROCE 12.6% · Operating margin -13% · 100% evidence Valuation 14.4/20 · P/E 80.7× · PEG 0.85 · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.9% · 1 year -18.7% · 25% evidence · 6 of 12 weeks ahead Exact sum: 4.4 + 7.3 + 14.4 + 7.5 = 33.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. Forbes & Company Ltd Too little evidence to rank firmly · 33% evidence 56.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.7/43.75 · Revenue -25.6% · Profit -14.8% · Operating margin change 9.5 points · 45% evidence Capital efficiency 20.8/31.25 · ROCE 20% · Operating margin 16.2% · 71% evidence Valuation 12.5/25 · P/E 18.8× · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.7 + 20.8 + 12.5 = 56 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Engineering - General](https://www.sectoralpha.in/sectors/engineering-general), all 4 compared on one page. ## Which companies are close to National Standard (India) in size? National Standard (India) is the 3rd largest of 3 Engineering - General companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: KRN Heat Exchanger and Refrigeration and Mamata Machinery. It is the smallest. ### Engineering - General companies close in size

1. [KRN Heat Exchanger and Refrigeration Ltd](https://www.sectoralpha.in/stocks/krn-heat-exchanger-and-refrigeration-ltd) ₹6,667 crore
2. [Mamata Machinery Ltd](https://www.sectoralpha.in/stocks/mamata-machinery-ltd) ₹886 crore
3. National Standard (India) Ltd ₹232 crore

[All 3 Engineering - General companies, largest first](https://www.sectoralpha.in/sectors/engineering-general#all-companies)

### Companies close in size in other industries

1. [Polo Queen Industrial and Fintech Ltd](https://www.sectoralpha.in/stocks/polo-queen-industrial-and-fintech-ltd) ₹237 crore · FMCG - Personal Care
2. [Shree Salasar Investments Ltd](https://www.sectoralpha.in/stocks/shree-salasar-investments-ltd) ₹234 crore
3. National Standard (India) Ltd ₹232 crore
4. [Take Ltd](https://www.sectoralpha.in/stocks/take-solutions-ltd) ₹229 crore · Miscellaneous
5. [DU Digital Global Ltd](https://www.sectoralpha.in/stocks/du-digital-global-ltd) ₹226 crore

## What else do people ask about National Standard (India)? ### What is National Standard (India)'s share price today? National Standard (India) Ltd's share price is ₹104.23, −93.9% over the past year. The whole company is worth ₹208 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹101 to ₹2,165), 89.7% below its 200-day average. The price has been falling for 124 weeks (as of 3 November 2026). ### What were National Standard (India)'s latest quarterly results? National Standard (India) Ltd reported revenue of −₹1.0 Cr and net profit of ₹2.5 Cr for the Jun 2026 quarter. Earnings per share were ₹1.27. The operating margin was 106.9% (as of 3 November 2026). ### What is National Standard (India)'s market cap? National Standard (India) Ltd's market capitalisation is ₹208 Cr at a share price of ₹104.23. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is National Standard (India) performing? National Standard (India) Ltd's share price has been falling for 124 weeks. Over the past 13 weeks it has done worse than the NIFTY 500, for 18 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will National Standard (India)'s share price go up? This page does not forecast National Standard (India) Ltd's share price. What it shows instead: the share price is ₹104.23, and it has been falling for 124 weeks. Its P/E of 18.6× is higher than 5% of its own last 9 years (as of 3 November 2026). ### Who owns National Standard (India)? Promoters own 73.9% of National Standard (India) Ltd, foreign institutions , domestic institutions, and the public 26.1% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Where is National Standard (India) in its business cycle? National Standard (India) Ltd's FY26 operating margin was −31.0%, against a 13-year range of −36.0% to 58.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 106.9%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the National Standard (India) story? The main question: yearly earnings per share moved −26.8% while the share price moved −93.9%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is National Standard (India) a stock worth studying right now? What the numbers show: National Standard (India) Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.