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Companies›Consumer Discretionary›Realty›Realty
NSE:NATIONSTD

NATIONAL STAND (INDIA) L

Realty › Realty
₹105.50
at close · 28 Oct 2026
▲ 4.00 (+3.94%)

Latest filings

  1. Newspaper publication of September 2026 unaudited results · Compliance
  2. Q2 FY27 results: PAT 333.68L, revenue reverses, merger with Lodha pending · Results
  3. Q2 FY27 results: PAT at 333.68 lakhs, Lodha Developers merger pending NCLT nod · Results
All filings ↓
Ask Nexa about NATIONAL STAND (INDIA) L

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

A real estate development company that earns revenue from the sale and development of residential and commercial properties, with a focus on Mumbai's Fort area. In FY26, revenue from operations was ₹2,041.81 lakhs, down from ₹2,232.97 lakhs in FY25. The company's costs are dominated by materials at 98.9% of revenue, with employee costs at 0.6% and other operating expenses at 31.1%. The company reported no depreciation or capital expenditure in FY26, and net cash from operating activities was negative at ₹(602.43) lakhs. It is part of the Lodha Group and has a scheme of merger with holding company Lodha Developers Limited pending before NCLT, with BSE approval received in December 2025. Q1 FY27 results showed revenue from operations of negative ₹101.57 lakhs due to reversal of a previously sold unit, though other income supported total income of ₹346.67 lakhs.

Operating scale
FY26 revenue from operations
₹2,041.81 lakhsFY26
FY26 total income
₹3,995.77 lakhsFY26
FY26 profit after tax
₹965.89 lakhsFY26
FY26 operating cash flow
₹(602.43) lakhsFY26
Q1 FY27 revenue from operations
₹(101.57) lakhsQ1 FY27
Merger status
Scheme with Lodha Developers filed with NCLT on June 11, 2026, pending approvalFY27
Who pays it
Buyers of residential and commercial real estate units
Biggest cost
Materials at 98.9% of revenue
Kind of business
Small, asset-light real estate development company, part of the Lodha Group
Where it sits
Listed realty company focused on residential and commercial projects, with a pending merger into Lodha Developers
Market Cap
₹211 Cr
P / E (TTM)
21.8×
EV / EBITDA
15.0×
Div Yield
—
Growth
3.9%▲
Revenue 5y CAGR
PAT -2.7% · EBITDA -3.9%
Quality
6.7%·
ROCE (5y median)
ROE 4.8% (5y median) · margin 65.0%
Leverage
0.00·
Debt / Equity · low
Net cash ₹12 Cr
Revenue FY21→FY26
1.2×▲
Margin −18.3 pts
₹17 Cr → ₹20 Cr
Cash conversion
0.01×▼
Operating cash ÷ profit · 5 yrs
₹0 Cr on ₹70 Cr
Moves on a normal day
3.50%·
Median daily move
Last 129 sessions · the yardstick for filing-day moves
Where it sits among 66 Residential Commercial Projects peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#33/57
P/B#9/64
ROCE#43/66
ROE#45/64
Debt / Equity#1/64
Revenue growth#67/67
Profit growth#59/66

Scorecard

Measured from the filed financials, judged against its Residential Commercial Projects peers · as of FY26 — not investment advice

Strengths
No borrowings on the balance sheet
lower than 95% of its 64 Residential Commercial Projects peers
Concerns
Slow revenue growth — 4% a year over 5 years
Profit shrinking over 5 years (−3% a year)
Erratic profits — up in only 2 of the last 5 years
Returns on capital 6.7% (5-year median)
#43 of 66 in Residential Commercial Projects on the latest reported figures · down from 7.5% in FY21
Over 5 years it reported ₹70 Cr of profit and ₹0.45 Cr of operating cash — 0.01×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

NATIONSTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from NATIONAL STAND (INDIA) L's filed financials and exchange disclosures

What does NATIONAL STAND (INDIA) L do?

NATIONAL STAND (INDIA) L is a Realty company listed on NSE and BSE, trading under the symbol NATIONSTD.

Is NATIONAL STAND (INDIA) L profitable?

Yes. Over the trailing twelve months NATIONAL STAND (INDIA) L reported a net profit of ₹9.66 Cr on revenue of ₹20 Cr.

Does NATIONAL STAND (INDIA) L pay a dividend?

Not in the latest reported year — NATIONAL STAND (INDIA) L's dividend payout for FY26 was nil.

Is NATIONAL STAND (INDIA) L debt-free?

Yes. It reported no borrowings on its 31 Mar 2026 balance sheet, and ₹12 Cr of cash.

Is NATIONAL STAND (INDIA) L expensive compared with its peers?

On trailing P/E, NATIONAL STAND (INDIA) L ranks 33 of 57 in Residential Commercial Projects — cheaper than 43% of them, against an industry median of 20.5×. This is a position, not a valuation judgement.

How much does the NATIONAL STAND (INDIA) L share price move in a day?

On a typical session NATIONAL STAND (INDIA) L moves 3.50% — that is the median absolute close-to-close move across its last 129 trading days. MarketPing measures each filing's price reaction against it.

Where can I track NATIONAL STAND (INDIA) L's announcements?

Every NSE and BSE filing by NATIONAL STAND (INDIA) L appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.