---
title: "Naval Technoplast Industries Ltd (532014) — Share Price, Financials & Analysis"
symbol: "532014"
company: "Naval Technoplast Industries Ltd"
canonical: "https://tapetide.com/stocks/532014"
bse_code: "532014"
sector: "Industrials"
industry: "Industrial Manufacturing"
generated_at: "2026-09-13T19:02:54.262Z"
---

# Naval Technoplast Industries Ltd (532014)

Canonical page: https://tapetide.com/stocks/532014

## Company

- **BSE Code:** 532014
- **Sector:** Industrials
- **Industry:** Industrial Manufacturing
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** navalgroup.com

## About

Naval Technoplast Industries Ltd. is an India-based company engaged in the provision of general machinery, textile business activities.

## Latest Price

## Key Insights

### Strengths

- Debtor days have improved from 25.8 to 17.7 days.
- Company's working capital requirements have reduced from 115 days to 91.4 days

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.98% over past five years.
- Company has a low return on equity of 2.88% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -11% | -50% | -6% |
| revenue growth | 34% | -4% | 6% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 148.88 | 117 | 152.59 | 158.92 | 186.08 | 139.44 | 151.56 | 166.24 | 172.36 | 135.22 | 117.91 | 194.28 |
| Expenses | 136.72 | 110.69 | 129.76 | 135.34 | 164.39 | 121.28 | 136.83 | 146.39 | 155.27 | 121.09 | 123.19 | 176.52 |
| Operating Profit | 12.16 | 6.31 | 22.83 | 23.58 | 21.69 | 18.16 | 14.73 | 19.85 | 17.09 | 14.13 | -5.28 | 17.76 |
| OPM % | 8.17 | 5.39 | 14.96 | 14.84 | 11.66 | 13.02 | 9.72 | 11.94 | 9.92 | 10.45 | -4.48 | 9.14 |
| Other Income | 3.78 | 2.39 | 0.13 | 2.43 | 9.67 | 2.63 | 1 | 0.17 | 3.26 | 2.56 | 0.03 | 0.07 |
| Interest | 1.78 | 1.83 | 1.94 | 2.24 | 2.59 | 2.18 | 2.23 | 2.16 | 2.77 | 2.54 | 2.09 | 2.67 |
| Depreciation | 3.24 | 3.26 | 2.77 | 3.27 | 3.59 | 3.87 | 3.85 | 4 | 3.87 | 4.26 | 4.28 | 4.42 |
| Profit before tax | 10.92 | 3.61 | 18.25 | 20.5 | 25.18 | 14.74 | 9.65 | 13.86 | 13.71 | 9.89 | -11.62 | 10.74 |
| Tax % | 26.37 | 22.99 | 24.55 | 23.02 | 26.01 | 24.69 | 23.42 | 24.96 | 29.39 | 24.67 | -14.63 | 13.04 |
| Net Profit | 8.04 | 2.77 | 13.77 | 15.79 | 18.62 | 11.1 | 7.38 | 10.4 | 9.68 | 7.45 | -9.92 | 9.34 |
| EPS in Rs | 1.67 | 0.57 | 2.86 | 3.28 | 3.86 | 2.3 | 1.53 | 2.16 | 2.01 | 1.54 | -2.06 | 1.94 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 16.31 | 21.95 | 24.53 | 17.85 | 16.31 | 21.81 |
| Expenses | 15.02 | 19.93 | 21.7 | 15.16 | 13.98 | 19.39 |
| Operating Profit | 1.29 | 2.02 | 2.83 | 2.69 | 2.33 | 2.42 |
| OPM % | 7.91 | 9.2 | 11.54 | 15.07 | 14.29 | 11.1 |
| Other Income | 0.05 | 0.06 | 0.18 | 0.05 | 0.01 | 0.02 |
| Interest | 0.34 | 0.7 | 1.22 | 1.32 | 1.12 | 1.15 |
| Depreciation | 0.34 | 0.47 | 0.67 | 0.81 | 0.87 | 1.04 |
| Profit before tax | 0.66 | 0.91 | 1.12 | 0.61 | 0.35 | 0.25 |
| Tax % | 65.15 | 69.23 | -20.54 | 37.7 | 48.57 | 32 |
| Net Profit | 0.23 | 0.28 | 1.35 | 0.38 | 0.18 | 0.17 |
| Dividend Payout % | 88.91 | 91.29 | 24.24 | 53.82 | 22.72 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 4.09 | 4.09 | 4.09 | 4.09 | 4.09 | 4.09 |
| Reserves | 3.31 | 3.3 | 4.26 | 4.4 | 4.53 | 4.7 |
| Borrowings | 4.43 | 7.18 | 10.64 | 10 | 9.29 | 8.68 |
| Other Liabilities | 3.65 | 7.11 | 8.07 | 5.69 | 6.79 | 7.23 |
| Total Liabilities | 15.48 | 21.68 | 27.06 | 24.18 | 24.7 | 24.7 |
| Fixed Assets | 5.04 | 8.04 | 11.86 | 11.67 | 11.71 | 12.03 |
| CWIP | 1.42 | 1.21 | 0.24 | 1.34 | 1.35 | 0.71 |
| Investments | 0 | 0 | 0 | 0.16 | 0.16 | 0.16 |
| Other Assets | 9.02 | 12.43 | 14.96 | 11.01 | 11.48 | 11.8 |
| Total Assets | 15.48 | 21.68 | 27.06 | 24.18 | 24.7 | 24.7 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.54 | 1.68 | 1.35 | 4.04 | 3.07 | 2.48 |
| Cash from Investing Activity | -2.44 | -3.25 | -3.56 | -1.88 | -0.92 | -0.72 |
| Cash from Financing Activity | 1.95 | 1.88 | 2 | -2.31 | -1.98 | -1.73 |
| Net Cash Flow | 0.05 | 0.31 | -0.21 | -0.15 | 0.17 | 0.03 |
| Free Cash Flow | -1.9 | -1.57 | -2.21 | 2.32 | 2.14 | 1.75 |
| CFO/OP | 45 | 108 | 53 | 155 | 134 | 105 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 33.57 | 40.08 | 43.6 | 23.92 | 35.58 | 17.74 |
| Inventory Days | 129.44 | 139.92 | 151.03 | 170.31 | 190.09 | 161.32 |
| Days Payable | 72.25 | 127.75 | 142.48 | 13.72 | 63.22 | 58.03 |
| Cash Conversion Cycle | 90.76 | 52.24 | 52.16 | 180.52 | 162.45 | 121.03 |
| Working Capital Days | 138.53 | 103.76 | 112.64 | 128.21 | 124.87 | 91.38 |
| ROCE % | — | 12.2 | 14.18 | 10.3 | 8.13 | 7.91 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 44.95% | 43.78% | 43.78% | 43.78% | 43.78% | 44.25% | 44.29% | 44.49% | 44.42% | 44.43% |
| FIIs | 1.06% | 0% | 0% | 0% | 0% | 0.53% | 0.41% | 0.84% | 1.11% | 0.36% |
| DIIs | 2.75% | 2.59% | 2.9% | 2.41% | 2.29% | 0.14% | 0.14% | 1.2% | 0% | 0% |
| Public | 51.23% | 53.63% | 53.33% | 53.81% | 53.93% | 55.07% | 55.15% | 53.47% | 54.45% | 55.21% |
| No. of Shareholders | 31601 | 34329 | 32602 | 31408 | 35833 | 39906 | 41567 | 50850 | 58652 | 60886 |

### Quarterly

| Category | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 44.29% | 44.49% | 44.49% | 44.49% | 44.49% | 44.49% | 44.49% | 44.45% | 44.42% | 44.43% | 44.43% | 44.43% |
| FIIs | 0.41% | 0.34% | 0.39% | 0.48% | 0.84% | 0.68% | 1.31% | 0.86% | 1.11% | 0.76% | 0.6% | 0.36% |
| DIIs | 0.14% | 0.14% | 0.35% | 0.14% | 1.2% | 0.14% | 0.22% | 0% | 0% | 0% | 0% | 0% |
| Public | 55.15% | 55.03% | 54.78% | 54.88% | 53.47% | 54.68% | 53.98% | 54.68% | 54.45% | 54.81% | 54.99% | 55.21% |
| No. of Shareholders | 41567 | 44038 | 53791 | 51636 | 50850 | 51492 | 57154 | 60560 | 58652 | 60194 | 62222 | 60886 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 28 Feb - NSE issued 'no objection' Feb 27, 2026 for Kopran merger; scheme to be filed with NCLT. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 28 Feb - NSE issued 'no objection' Feb 27, 2026 for Kopran merger; scheme to be filed with NCLT.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de8e01d1-8df0-49fc-8c83-67a95dc32208.pdf) |
| 27 Feb - BSE issued 'no adverse observations' (26 Feb 2026) for Kopran-Kopran Laboratories merger; scheme to be filed with NCLT. | [Announcement under Regulation 30 (LODR)-Scheme of Arrangement 27 Feb - BSE issued 'no adverse observations' (26 Feb 2026) for Kopran-Kopran Laboratories merger; scheme to be filed with NCLT.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/38535b9b-5cbc-4ac6-84de-64f29959f517.pdf) |
| 23 Jan - Newspaper Advertisement for the Q3 Results FY 2025-26 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Jan - Newspaper Advertisement for the Q3 Results FY 2025-26](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ec58c7f9-75f7-4948-90d0-08d543b38b03.pdf) |
| 22 Jan - Unaudited Q3 results (Dec 31, 2025); consolidated revenue Rs 19,427.98 lakh; profit Rs 933.96 lakh. | [Board Meeting Outcome for Results For Q3 FY 2025-26 22 Jan - Unaudited Q3 results (Dec 31, 2025); consolidated revenue Rs 19,427.98 lakh; profit Rs 933.96 lakh.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d8fbcb28-8051-4464-beab-ea77875a80db.pdf) |
| 21 Jan - Maharashtra SGST search at Kopran's Mumbai and Khopoli facilities on Jan 21, 2026; probe ongoing, no violations disclosed. | [Announcement Under Regulation 30 (LODR) 21 Jan - Maharashtra SGST search at Kopran's Mumbai and Khopoli facilities on Jan 21, 2026; probe ongoing, no violations disclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b3f8e31e-bd34-4b85-8686-8854772dd61a.pdf) |
| 20 Feb - Unauthorized access to Khopoli factory server detected Feb 20, 2026; access restricted, investigation ongoing. | [Cyber-Attack At Khopoli Factory 20 Feb - Unauthorized access to Khopoli factory server detected Feb 20, 2026; access restricted, investigation ongoing.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/44cb798b-0dbc-467d-9830-d84192e68b23.pdf) |
| 13 Jan - Board meeting Jan 22, 2026 to approve unaudited standalone and consolidated Q3 results for quarter ended Dec 31, 2025. | [Board Meeting Intimation for Results Of Q3 FY 2025-26 13 Jan - Board meeting Jan 22, 2026 to approve unaudited standalone and consolidated Q3 results for quarter ended Dec 31, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7fe3ab3f-0aba-411c-9e84-700c0ec054d5.pdf) |
| — | [Announcement under Regulation 30 (LODR)-Investor Presentation 23 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3f303848-f87d-40a5-8766-3c3283823b81.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/65a66e2c-558b-47e5-a3e2-828e945a9a16.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5efeeebf-c74b-4ca5-95ff-e03ddf133bc5.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7feeb324-fc40-44dc-9bad-6efec1bef250.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1ad403b2-9cba-4844-90cd-bb65fb21b2e0.pdf) |
| Nov 2021 | [Concall - Nov 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b057f86f-68bb-4ec6-94cf-b9702759f32d.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://www.bseindia.com/xml-data/corpfiling/AttachHis/997d3d92-7028-41d8-bf8e-97318d86c495.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9466910b-b0dc-41b4-93c4-23916a7400f8.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/181b0159-96d1-4ed5-aa65-730aaa9f1c8b.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3feb643a-88ab-4330-a4ab-c443c671dba1.pdf) |
| Mar 2025 | [Concall - Mar 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5a06d9ca-4aae-4068-b5bc-b346d65b82aa.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2012 from nse](https://archives.nseindia.com/annual_reports/AR_KOPRAN_2011_2012_25092012120808.zip) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/98339b95-0717-45c4-9598-bfd24de37a4c.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ab8100fc-a204-4cf5-9858-80e5fa5cfeff.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6d733ef8-1d2e-4f33-b320-73c6626c91dd.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/524280/74169524280.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/524280/69219524280.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/524280/64946524280.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/524280/5242800319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/524280/5242800318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/524280/5242800317.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:02:54.262Z.