Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · NATRAJ PROTEINS LTD. · 29 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
NATRAJ PROTEINS LTD.
BSE: 530119
BSE: 530119
Fast Moving Consumer Goods › Fast Moving Consumer Goods › Agricultural Food & other Products › Edible Oil
NATRAJ PROTEINS LTD.
StateQ1 FY27 filed
Last close · 28 Oct 2026₹35.80
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA3.0 · 0.40 · 6.8
NATRAJ PROTEINS LTD. is a Agricultural Food & other Products company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 145 | 144 | 194 | 118 | 101 |
| EBITDA (ex other income) | 14 | 3 | (9) | 1 | 4 |
| margin % | 9.8 | 2.2 | (4.8) | 0.8 | 3.6 |
| Owners' profit | 9 | 1 | (13) | (1) | 1 |
| EPS, as reported (₹) | 24.99 | 1.89 | (33.41) | (3.90) | 3.03 |
| ROE % · ROCE % | 20.6 · 28.4 | 1.5 · 5.6 | (37.1) · (26.5) | (4.5) · 3.1 | 3.4 · 10.2 |
| Debt / equity (x) | 0.60 | 0.73 | 1.19 | 0.70 | 1.08 |
| Cash from operations | 6 | 3 | (6) | 22 | (14) |
| Capex | (2) | (2) | (0) | (1) | (0) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · NATRAJ PROTEINS LTD. · 29 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 23 | 33 | 23 | 27 | 27 | 29 | 19 | 31 |
| Profit before tax | (1) | 0 | 1 | (1) | (2) | 3 | 1 | 2 |
| Net profit | (1) | 0 | 1 | (1) | (2) | 3 | 1 | 2 |
| EPS (₹) | (2.71) | 0.09 | 3.37 | (3.24) | (4.41) | 7.72 | 2.96 | 5.62 |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Manufacturing | 24 | 91.6 |
| Rice Mill | 2 | 6.8 |
| Other Segments | 0 | 1.3 |
| Unallocated | 0 | 0.2 |
| Total, before eliminations | 27 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| MARICO LIMITED | 1,00,055 | 52.8 | 22.26 | 39.5 | 40.3 | 38.1 | 11.1 | 21.9 |
| PATANJALI FOODS LIMITED | 40,393 | 20.5 | 3.08 | 24.6 | 13.9 | 10.3 | — | 4.8 |
| AWL AGRI BUSINESS LIMITED | 21,415 | 18.5 | 2.05 | 8.2 | 10.0 | 11.1 | — | 3.8 |
| GOKUL AGRO RESOURCES LTD | 6,128 | 11.8 | 4.31 | 9.1 | 26.0 | 26.9 | 23.5 | 4.1 |
| CIAN Agro Ind & Infra Ltd | 2,551 | 7.9 | 1.15 | 7.2 | 10.0 | 7.7 | 53.1 | 32.3 |
| SUNDROP BRANDS LIMITED | 2,394 | 85.8 | 1.62 | 38.2 | 1.4 | 1.7 | — | 6.1 |
| Shri Venkatesh Refineries Limi | 1,659 | 33.5 | — | — | — | 22.2 | — | — |
| KN AGRI RESOURCES LIMITED | 472 | 10.5 | 1.23 | 8.6 | 8.2 | 11.4 | — | 4.3 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 3.0 | 17.6 | 4 of 28 | 89% |
| P/B | 0.4 | 1.2 | 3 of 25 | 92% |
| ROCE | 3.2 | 7.4 | 22 of 30 | 28% |
| ROE | 3.4 | 8.2 | 18 of 25 | 29% |
| Debt / Equity | 1.1 | 0.2 | 23 of 25 | 8% |
| EBITDA margin | 9.1 | 4.4 | 7 of 26 | 76% |
| Revenue growth | 18.3 | 5.0 | 7 of 25 | 75% |
| Profit growth | 273.3 | 27.1 | 3 of 23 | 91% |
| Market cap | 13 | 104 | 27 of 31 | 13% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · NATRAJ PROTEINS LTD. · 29 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board to approve September 2026 quarter and half-year results | results | low | — | — |
| 12 Oct 2026 · Quarterly compliance certificate for dematerialization of securities | compliance | minimal | — | — |
| 29 Sept 2026 · Sharad Kumar Jain reappointed as Whole-time Director for 3 years | management changes | medium | — | — |
| 29 Sept 2026 · Natraj Proteins 35th AGM: All Four Resolutions Approved by Members | board shareholder meetings | low | — | — |
| 29 Sept 2026 · All 4 resolutions passed at 35th AGM with over 99.99% approval | compliance | minimal | — | — |
| 29 Sept 2026 · Natraj Proteins 35th AGM held on 29 Sep 2026; 4 resolutions passed | board shareholder meetings | low | — | — |
| 28 Sept 2026 · The window for trading in shares of the company shall remain close from 1st October,2026 till the completion of 48 hours after declaration of Quarterly and Half-yearly Un-Audited financial .... | compliance | minimal | — | — |
| 9 Sept 2026 · Letters dispatched to unregistered shareholders about 35th AGM and Annual Report | compliance | minimal | — | — |
| 8 Sept 2026 · Natraj Proteins 35th AGM notice published, book closure Sept 23 to 29 | compliance | minimal | — | — |
| 7 Sept 2026 · Natraj Proteins files 35th AGM notice for 29 Sept 2026 meeting | board shareholder meetings | low | — | — |
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in