Is Narmada Gelatines the Best Stock in Its Sector? A Look at the Numbers

Narmada Gelatines CMP Rs 430 (21 Oct 2026). Market cap Rs 260 Cr. ROE 21.68%. P/E 7.47x versus Industry P/E 35.13x.

Is Narmada Gelatines the best stock in its sector? The stock trades on the BSE at Rs 430 as of 21 October 2026, within its 52-week range of Rs 330.00 to Rs 545.00. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.

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About Narmada Gelatines

Narmada Gelatines Ltd manufactures and sells gelatine and ossein, and company information says it was incorporated in 1969. Its facility at Jabalpur makes ossein and gelatine from crushed bones, acid, lime and water. At a market capitalisation of Rs 260 Cr, it is tracked as part of the Gelatine and Ossein sector on Univest.

Is Narmada Gelatines the Best Stock in Its Sector?

Narmada Gelatines makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. Narmada Gelatines’ 7.47x P/E is below the 35.13x Industry P/E, Fine Organic Industries at 38.57x and Vinati Organics at 26.50x, while its 21.68% ROE is higher than Fine Organic Industries at 15.65% and Vinati Organics at 14.03%, and its debt to equity ratio of 0.05 is above Fine Organic Industries at 0.03 and Vinati Organics at 0.00.

Metric	Narmada Gelatines
CMP (BSE)	Rs 430.20
52-Week High / Low	Rs 545.00 / Rs 330.00
Market Cap	Rs 260 Cr
P/E (TTM) vs Industry P/E	7.47x vs 35.13x
P/B	1.79
ROE	21.68%
EPS (TTM)	Rs 57.57
Dividend Yield	2.32%
Debt to Equity	0.05

Compare Narmada Gelatines Against Other Gelatine and Ossein Sector Stocks

How Narmada Gelatines Compares Against Its Gelatine and Ossein Sector Peers

The table below sets Narmada Gelatines against 2 other Gelatine and Ossein sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Narmada Gelatines	260	7.47	21.68%	0.05
Fine Organic Industries	16,899	38.57	15.65%	0.03
Vinati Organics	11,885	26.50	14.03%	0.00
Peer average (2 companies)	–	32.53	14.84%	0.01

Measured against the peer averages, Narmada Gelatines’ P/E is 77 percent below the 32.53x average, and its ROE is 6.84 percentage points above the 14.84% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.

What Makes Narmada Gelatines Worth Watching in Gelatine and Ossein

• Scale: At Rs 260 Cr, its market capitalisation is smaller than Fine Organic Industries (Rs 16,899 Cr) and Vinati Organics (Rs 11,885 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
• Sector drivers: Gelatine demand from capsule, food and photographic users, and the cost of crushed bones, shape its margins.
• Key risk: A narrow product range leaves it exposed to bone supply and to swings in gelatine prices, and the company is small, so trading can be thin.

Narmada Gelatines Valuation: Is It Justified?

At a P/B ratio of 1.79, the market pays about Rs 1.79 for every rupee of book value, and the EPS (TTM) of Rs 57.57 is the earnings base behind the P/E. The stock trades about 21 percent below its 52-week high and about 30 percent above its 52-week low. The dividend yield of 2.32% adds a meaningful income component on top of any price movement. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.

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Download the Univest iOS App or Univest Android App to track Narmada Gelatines and other Gelatine and Ossein sector stocks.

How to Track Narmada Gelatines Before You Invest

Before deciding whether Narmada Gelatines deserves its label as the best stock in its sector for your own portfolio, compare it directly against Gelatine and Ossein sector peers using the steps below.

1. Open the Univest Screener and search for Narmada Gelatines to view live price, valuation ratios, and peer comparisons within the Gelatine and Ossein sector.
2. Compare its P/E, P/B, and ROE against other Gelatine and Ossein sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Narmada Gelatines gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Gelatine and Ossein depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Narmada Gelatines the best stock in its sector?

Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Narmada Gelatines has a 21.68% ROE and trades at 7.47x P/E against a 35.13x Industry P/E. Against the 2 peers compared in this article, its ROE is above the 14.84% peer average and its P/E is below the 32.53x peer average. Its debt to equity ratio of 0.05 is above the 0.01 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.

What is the current share price of Narmada Gelatines?

Ans. Narmada Gelatines was trading at Rs 430.20 on the BSE as of 21 October 2026, and its 52-week range runs from Rs 330.00 to Rs 545.00. That leaves the share price 21 percent short of the 52-week high and 30 percent clear of the 52-week low. Its market capitalisation is Rs 260 Cr and its EPS (TTM) is Rs 57.57, which is the earnings figure behind the 7.47x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.

What sector does Narmada Gelatines belong to?

Ans. Narmada Gelatines is classified under the Gelatine and Ossein sector on Univest, and that group of listed companies is the reference point for the 35.13x Industry P/E used in this article. The 2 named peers compared here are Fine Organic Industries and Vinati Organics, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Gelatine and Ossein sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.

How does Narmada Gelatines compare to its sector peers on P/E?

Ans. Narmada Gelatines’ P/E of 7.47x is below the 32.53x average of the 2 named peers, with Fine Organic Industries at 38.57x and Vinati Organics at 26.50x. It also sits below the 35.13x Industry P/E, which is the benchmark for the wider Gelatine and Ossein sector. A P/E that is below a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 1.79 gives one more view of how the market values its book value.

What is Narmada Gelatines’ return on equity?

Ans. Narmada Gelatines reported a return on equity of 21.68%, which is above the 14.84% average of its named peers, with Fine Organic Industries at 15.65% and Vinati Organics at 14.03%. ROE shows how much profit a company generates on every rupee of shareholders’ equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.05 against a peer average of 0.01. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.

Should I invest in Narmada Gelatines based on its sector position?

Ans. Sector position is only one input into an investment decision. Narmada Gelatines has a 21.68% ROE and a 7.47x P/E, which make it worth researching further, and its dividend yield is 2.32%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.