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Narendra Properties Ltd (531416)

📊 BSE: 531416 🏢 Residential, Commercial Projects 📢 Latest filing: 13 Oct 2026

Latest quarterly results (Q4 FY26)

In its latest reported quarter, Q4 FY26, Narendra Properties' revenue was ₹0.0 Cr (-100.0% year on year, -100.0% on the previous quarter), and net profit ₹0.0 Cr (-97.1% year on year).

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹0.0	-100.0%	-100.0%
Operating profit	₹-0.4	to loss	loss widened
Net profit	₹0.0	-97.1%	-98.8%
EPS (₹)	0.01	-98.0%	-99.1%

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Narendra Properties Shareholders Approve ₹50 Cr Loan & Investment Limit at 31st AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 13 Oct 2026, 05:54 PM

Narendra Properties has submitted the minutes of its 31st AGM held on September 29, 2026. Shareholders approved a special resolution under Section 186 authorizing the Board to make loans, give guarantees, or invest up to ₹50 crore, which exceeds the company's current net worth of ₹39 crore. The resolution passed with 99.35% votes in favor (51,80,966 votes). Management also noted that its NPL Grand Melody Project was completed and fully sold out during FY26.

Approved ₹50,00,00,000 (₹50 crore) authorization for loans, guarantees, and securities under Section 186.
Section 186 special resolution passed with 99.35% approval (51,80,966 votes in favour vs 34,055 against).
Company completed and fully sold out its NPL Grand Melody Project during FY 2025-26.
A total of 23 members were recorded present via Video Conferencing during the AGM.

💡 Track subsequent announcements for deployment of the ₹50 crore enabling limit into new real estate projects or corporate loans, and monitor upcoming Q2 FY27 results.

Narendra Properties 31st AGM: Proposes ₹1 Dividend, Highlights FY26 PAT of ₹1.97 Cr

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Sep 2026, 10:50 AM

Narendra Properties conducted its 31st Annual General Meeting on September 29, 2026. The Chairman highlighted FY26 total income of ₹9.89 cr (Rs. 988.68 lakhs) versus ₹9.02 cr in FY25, and a PAT increase to ₹1.97 cr (Rs. 197.32 lakhs) compared to ₹0.92 cr in FY25. The company proposed a dividend of ₹1 per share (10% on face value of ₹10), alongside routine director reappointment and approval of Section 186 loan/investment limits. Final voting outcomes will be announced by October 1, 2026.

Total Income for FY26 stood at Rs. 988.68 lakhs compared to Rs. 902.27 lakhs in FY25
Profit After Tax reached Rs. 197.32 lakhs for FY26 versus Rs. 92.35 lakhs in FY25
Proposed a dividend of Re. 1/- per equity share (10% of Rs. 10 face value)
Voting results covering 6 resolutions to be declared on or before 1st October 2026

💡 Track the declaration of voting results by October 1, 2026, and monitor subsequent quarters for monetization of inventory and new project launch announcements in Chennai.

Narendra Properties sets Sept 18 as Record Date for FY26 Dividend

🟢 POSITIVE ⭐ 5/10

DIVIDEND 📅 12 Aug 2026, 05:54 PM

Narendra Properties has announced its 31st Annual General Meeting (AGM) for September 29, 2026. The company has fixed September 18, 2026, as the record date to determine shareholder eligibility for the FY 2025-26 dividend. If approved at the AGM, the dividend will be disbursed by October 28, 2026. This follows a profitable FY26 where the company reported a net profit of ₹1.97 crore on a revenue of ₹6.38 crore.

31st Annual General Meeting scheduled for September 29, 2026, at 9:00 AM
Record date for dividend eligibility fixed as September 18, 2026
Cut-off date for e-voting eligibility set for September 22, 2026
Dividend payment to be completed on or before October 28, 2026
Company maintains a debt-free status with a net worth of ₹39 crore

💡 Investors interested in the dividend should ensure they hold the stock before the ex-dividend date. Monitor the AGM proceedings for the final dividend amount and management's outlook on upcoming residential/commercial projects.

Rs 50 Cr investment limit approved; Rs 48 Lakhs annual consultancy fees for promoters/directors

🔵 WATCH ⭐ 6/10

BOARD_MEETING 📅 11 Aug 2026, 02:26 PM

Narendra Properties has approved new consultancy remuneration for one director and two promoters totaling Rs 48 lakhs per annum, effective January 2027. This annual outflow represents approximately 8% of TTM revenue (Rs 6 cr) and 24% of TTM PAT (Rs 2 cr), which is significant for a micro-cap entity. Furthermore, the board authorized an investment and loan limit of Rs 50 crore under Section 186, which exceeds the company's current market cap of Rs 28 crore and net worth of Rs 39 crore. The board also re-appointed Ms. Kavita Patel as an Independent Director for a second five-year term.

Approved consultancy fee for Mr. Nishank Sakariya (Director) up to Rs 2.5 lakh per month (Rs 30 lakh per annum)
Approved consultancy fees for promoters Mr. Narendra C Maher and Mr. Narendra Sakariya up to Rs 9 lakh each per annum
Total new annual consultancy remuneration of Rs 48 lakh starting from January 1, 2027
Authorized investments, loans, and guarantees up to a limit of Rs 50 crore
Re-appointed Ms. Kavita Patel as Independent Director for a term ending December 26, 2031

💡 Investors should monitor the specific deployment of the Rs 50 crore investment limit and assess if the increased consultancy costs further strain the already negative operating margins (-12.2%).

₹1 Dividend Recommended; 31st AGM Scheduled for September 29, 2026

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 11 Aug 2026, 02:10 PM

Narendra Properties has scheduled its 31st Annual General Meeting (AGM) for September 29, 2026. The Board has recommended a dividend of ₹1 per equity share (10% of face value), which translates to a dividend yield of approximately 2.57% based on the current price of ₹38.9. The book closure for dividend eligibility is set from September 18 to September 29, 2026. With an estimated total payout of ~₹0.72 crore, the dividend represents approximately 36% of the company's FY26 PAT of ₹1.97 crore.

Dividend of ₹1 per equity share of ₹10 each recommended for FY26
Book closure period for dividend eligibility: September 18, 2026, to September 29, 2026
Dividend payment to be completed on or before October 28, 2026
31st AGM to be held via Video Conferencing on September 29, 2026
Electronic voting period scheduled from September 26 to September 28, 2026

💡 Investors should track the ex-dividend date (typically one day before the book closure start of September 18) and monitor the AGM for management commentary on the project pipeline, especially given the zero revenue reported in the March 2026 quarter.

Rs 0.88 Cr PAT in Q1; Board seeks Rs 50 Cr investment limit

🟡 NEUTRAL ⭐ 6/10

EARNINGS 📅 11 Aug 2026, 12:46 PM

Narendra Properties reported a net profit of Rs 0.88 Cr for Q1 FY27, a 14.6% increase from Rs 0.77 Cr in the same quarter last year. This profit was achieved despite zero revenue from operations, as the company relied entirely on 'Other Income' of Rs 1.24 Cr. A significant proposal was made to increase the limit for investments, loans, and guarantees to Rs 50 Cr, which is approximately 1.8x the company's current market capitalization of Rs 28 Cr. The board also approved consultancy fees for promoters and scheduled the 31st AGM for September 29, 2026.

Net Profit for Q1 FY27 stood at Rs 88.48 Lakhs compared to Rs 77.21 Lakhs in Q1 FY26.
Revenue from operations was Rs 0.00 for the quarter, indicating no project-based revenue recognition during this period.
Proposed a new limit of Rs 50 Cr for investments and loans under Section 186, exceeding current market cap.
Other Income contributed Rs 123.95 Lakhs, serving as the sole source of total income for the quarter.
Approved consultancy fees for promoters Narendra C Maher and Narendra Sakariya.

💡 Investors should monitor the upcoming AGM for details on the proposed Rs 50 Cr investment limit and track the progress of underlying real estate projects to see when operational revenue will resume.

Rs 7.5 Cr Investment: Narendra Properties to Acquire 35% Stake in Two Real Estate LLPs

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 05 Aug 2026, 01:18 PM

Narendra Properties Ltd has approved a strategic investment of up to Rs 3.75 crore each in two entities: Solidus Developers LLP and Sugal Earthen Spaces Developers LLP. The total investment of Rs 7.5 crore represents a 35% stake in each LLP, which are both engaged in real estate and property development. This is a highly material transaction for the company, as the total investment amount exceeds its TTM revenue of Rs 6 crore by approximately 25% and represents nearly 29% of its current market capitalization of Rs 26 crore.

Investment of up to Rs 3.75 crore in Solidus Developers LLP for a 35% stake
Investment of up to Rs 3.75 crore in Sugal Earthen Spaces Developers LLP for a 35% stake
Total capital commitment of Rs 7.5 crore against a TTM revenue of Rs 6 crore
Investment represents approximately 19.2% of the company's current net worth of Rs 39 crore
Board meeting concluded within 30 minutes on August 5, 2026, to approve these agreements

💡 Investors should monitor the specific project pipelines within these two LLPs and the timeline for capital deployment and subsequent revenue recognition.

Rs 7.5 Cr Investment Approved in Two Real Estate LLPs by Narendra Properties

🟢 POSITIVE ⭐ 9/10

EXPANSION 📅 05 Aug 2026, 01:12 PM

Narendra Properties has approved a total investment of Rs 7.50 crore into two Limited Liability Partnerships (LLPs) to facilitate project development. The company will invest up to Rs 3.75 crore each in Solidus Developers LLP and Sugal Earthen Spaces Developers LLP. This total commitment is highly significant for the company, representing approximately 125% of its TTM revenue (Rs 6 crore) and 28.8% of its current market capitalization (Rs 26 crore). The investment will be funded from the company's net worth of Rs 39 crore, as it currently maintains a debt-free balance sheet.

Approved investment of up to Rs 3.75 crore in Solidus Developers LLP
Approved investment of up to Rs 3.75 crore in Sugal Earthen Spaces Developers LLP
Total investment commitment of Rs 7.50 crore exceeds the TTM revenue of Rs 6.38 crore
Board meeting conducted at short notice on August 5, 2026, lasting 30 minutes
Investment represents approximately 28.8% of the company's current market capitalization

💡 Investors should monitor for subsequent disclosures regarding the specific real estate projects these LLPs will undertake and the expected internal rate of return (IRR). Watch for the impact on cash flows in the upcoming quarterly results as the capital is deployed.

August 11 Board Meeting to Approve Q1 Results and Related Party Transactions

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 04 Aug 2026, 07:46 PM

Narendra Properties has scheduled a board meeting on August 11, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. The agenda includes the approval of Related Party Transactions (RPTs) with promoters Narendra C Maher and Narendra Sakariya. Additionally, the board will consider the re-appointment of an Independent Director for a second five-year term and fix the date for the 31st Annual General Meeting. Given the company's small market cap of Rs 25 Cr and lumpy revenue history, these results are critical for assessing operational momentum.

Board meeting scheduled for August 11, 2026, to approve Q1 FY27 financial results.
Approval sought for Related Party Transactions with two promoters, Narendra C Maher and Narendra Sakariya.
Proposed re-appointment of Ms. Kavita Patel as Independent Director for a 5-year term from December 2026 to 2031.
Trading window for designated persons to remain closed until August 13, 2026.
Company reported zero revenue in the most recent March 2026 quarter, making this Q1 update significant.

💡 Monitor the Q1 results on August 11 to see if the company has resumed revenue recognition after reporting zero revenue in the previous quarter (March 2026).

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