Debut Plus

₹38

▲ +3.5 +10.14%

As of 23 Oct 2026 · delayed

BSE Listed

Novateor Research Laboratories Ltd. (542771)

Volume: 6,000Avg Vol 1W: 4,800Avg Vol 1M: 3,95552W Range:₹20.08₹39
Market Cap₹23 Cr
Current Price₹38
Previous Close₹34.5
High / Low (52w)₹39 / ₹20.08
Volume6,000
Avg Vol (1W)4,800
Avg Vol (1M)3,955
Stock P/E223.53
Book Value₹18.51
Dividend Yield0%
ROE87.97%
ROA-22.75%
Revenue (TTM)—
Revenue Growth—
Profit Margin-15.38%
Total Debt—
Shares Outstanding1 Cr
Face Value—
EPS (TTM)₹0.17
P/B2.05
Debt / Equity0.09
50 DMA₹32.75
200 DMA—
Day change+10.14%
Price Chart
₹38▲ 51.39% · 1Y
₹40₹2012K
2025-11-18
2026-10-23

20-day avg volume: 4K shares

Pros
  • Healthy return on equity of 88.0%.
  • Company is almost debt-free.
  • Revenue grew 33% YoY.
  • Net profit is growing year over year.
Cons
  • Stock trades at a high P/E of 224.
Quarterly Results
MetricMar 2020
Revenue₹0 Cr
EBITDA₹0 Cr
Net Profit₹0 Cr
EPS—
Profit & Loss (Annual)
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue₹1 Cr₹1 Cr₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹3 Cr₹4 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS0.74-0.020.02-0.470.080.050.170.17
Balance Sheet
MetricMar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets₹4 Cr₹9 Cr₹9 Cr₹8 Cr₹9 Cr₹10 Cr₹13 Cr₹14 Cr
Total Liabilities₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹1 Cr₹2 Cr₹2 Cr₹3 Cr
Equity₹4 Cr₹9 Cr₹9 Cr₹8 Cr₹8 Cr₹9 Cr₹11 Cr₹12 Cr
Total Debt————————
Cash Flow
MetricMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating₹0 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹0 Cr
Investing₹0 Cr₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹-1 Cr
Financing₹0 Cr₹0 Cr₹1 Cr₹1 Cr₹1 Cr₹1 Cr
Free Cash Flow₹0 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹-1 Cr₹0 Cr
Shareholding
Promoter 50.75% Institutions 0% Public 49.25%
Efficiency & Working Capital
ROCE1.6%
Interest Coverage2.2
Dividend Payout—
Debtor Days269 d
Inventory Days100 d
Payable Days137 d
Cash Conversion Cycle232 d
Working Capital Days369 d
Shareholding Details

As of 2026-09-30

Promoter50.8%
FII0%
DII0%
Institutions0%
Public49.2%
Promoter Pledge0%
No. of Shareholders171
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodMar 2021Sept 2021Mar 2022Sept 2022Mar 2023Sept 2023Mar 2024Sept 2024Mar 2025Sept 2025Mar 2026Sept 2026
Promoters60.9%60.9%60.9%60.9%60.9%60.9%60.9%60.9%51.6%50.9%50.8%50.8%
FIIs0%0%0%0%0%0%0%0%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public39.1%39.1%39.1%39.1%39.1%39.1%39.1%39.1%48.4%49.1%49.2%49.2%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders164146138118113118122160164172172171
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202603————
Major Shareholders (>1%)
NameCategoryStakeShares
Navdeep Subhashbhai MehtaShareholding of Promoter and Promoter Group24.8%15,00,858
Jyotiben Subhashchandra MehtaShareholding of Promoter and Promoter Group10.9%6,59,898
Tejal Navdeep MehtaShareholding of Promoter and Promoter Group8.4%5,07,378
Jitin Jaysukhlal DoshiPublic Shareholding8%4,86,000
Subhashchandra Maganlal MehtaShareholding of Promoter and Promoter Group5.9%3,57,588
Reshma Nitin DoshiPublic Shareholding2.9%1,74,000
Shah Investor's Home LimitedPublic Shareholding2.5%1,50,000
Preeti Jitin DoshiPublic Shareholding2.2%1,32,000
Rushabh Jitin DoshiPublic Shareholding2.1%1,26,000
Jaysukhlal Shantilal DoshiPublic Shareholding1.9%1,14,000
Kailashben Ashokkumar PatelPublic Shareholding1.7%1,02,000
Bakulbhai ParekhPublic Shareholding1.4%87,000
Nishit Mukundbhai BadaniPublic Shareholding1.4%84,000
Himani Nitin DoshiPublic Shareholding1.3%78,000
Jainam Nitin DoshiPublic Shareholding1.1%66,000
Navdeep Mehta HufShareholding of Promoter and Promoter Group0.6%34,830
Shourya Navdeep MehtaShareholding of Promoter and Promoter Group0.2%9,720
Nainaben Ashokbhai MehtaShareholding of Promoter and Promoter Group0%1,458
Board of Directors
NameDesignationYear
Navdeep Subhashbhai MehtaExecutive Director / Managing Director / CFO2025
Imran Zuber KhanIndependent Non Exe. Director2025
Hiral Nischal BaneIndependent Non Exe. Director2025
Jitin Jaysukh DoshiNon Executive Director2025
Bhavya Himanshu DoshiIndependent Non Exe. Director2025
Anil Tilakraj AroraIndependent Non Exe. Director2025
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2026₹10766
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2026000001
2026000001
2026000000
Company Information
Incorporated2011
AuditorH K Shah & Co
Investor Emailcompliancenovateor&gmail.com
🌐 www.novateor.com ↗

📍 B-1001 10th Floor Block-B, Titanium City Center 100ftRoad, Ahmedabad, Gujarat, 380015

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

More stocks

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search