National Oxygen Ltd (NOL) — shareholding pattern, promoter holding, financials and share price
About National Oxygen Ltd (NOL)
National Oxygen Ltd operates in the Industrial Gases industry, within the Chemicals sector. It trades on the NSE as NOL and on the BSE under scrip code 507813. Its ISIN is INE296D01010.
Incorporated in 1974, National Oxygen Ltd is engaged in the manufacturing of Industrial Gases. [1]
National Oxygen Limited (NOL) specializes in manufacturing industrial gases, both in liquid and gaseous forms, serving diverse sectors like government workshops, petrochemicals, and pharmaceuticals.
Founded in 1974, NOL has expanded its operational scope with major installations of oxygen and nitrogen plants, emphasizing its growth from trading to manufacturing.
Listed peers in Industrial Gases: Linde India Ltd, Refex Industries Ltd, Ellenbarrie Industrial Gases Ltd, Stallion India Fluorochemicals Ltd, Hilltone Software & Gases Ltd, Gagan Gases Ltd.
Valuation & Returns
10 Jul 2026At ₹61.66 a share on 10 Jul 2026, National Oxygen Ltd (NOL) was valued at a price-to-earnings ratio of 16.89x against an industry P/E of 45.11x. Solomo computes return on equity of 102.96% and return on capital employed of 14.37% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 16.89x
- Industry P/E
- 45.11x
- EPS (TTM)
- ₹3.65
- Book value / share
- ₹-15.88
- ROE
- 102.96%
- ROCE
- 14.37%
- ROA
- 5.92%
- Debt / equity
- -4.69x
- Dividend yield
- 0%
- EBITDA margin
- 24.26%
- 52-week range
- ₹42.5 – ₹147.45
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, National Oxygen Ltd (NOL) reported revenue of ₹22.96 crore, net profit of ₹1.84 crore and earnings per share of ₹3.65. That compares with revenue of ₹40.58 crore and net profit of ₹-7 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹3.97 crore and net profit ₹-1.78 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 50.61 | 47.11 | 45.26 | 40.58 | 22.96 |
| Net profit (₹ cr) | 7.63 | -0.79 | -3.23 | -7 | 1.84 |
| EPS (₹) | 15.89 | -1.65 | -6.41 | -13.88 | 3.65 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 1.25% | -1.57% | -7.09% | -10.34% |
| Profit growth | - | - | - | -116.72% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 65.56% of National Oxygen Ltd (NOL) (down 4.07 pp QoQ). Market capitalisation was ₹31 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: F L DADABHOY 5.47%, HITESH RAMJI JAVERI 4.51%, R F DADABHOY 1.8%, N F DADABHOY 1.8%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 65.56% | - | - | - | 34.44% |
| Mar 2026 | 69.63% | - | - | - | 30.37% |
| Dec 2025 | 70.16% | - | - | - | 29.84% |
| Sep 2025 | 71.24% | - | - | - | 28.76% |
| Jun 2025 | 71.29% | - | - | - | 28.71% |
| Mar 2025 | 71.29% | - | - | - | 28.71% |
| Dec 2024 | 71.29% | - | - | - | 28.71% |
| Sep 2024 | 71.29% | - | - | - | 28.71% |