Nandan Denim

Which are the latest news on Nandan Denim?

Why is Nandan Denim Ltd falling/rising?

As of 22-Jun, Nandan Denim Ltd's stock price is at 2.52, reflecting a decline of 3.82% and significant underperformance compared to the Sensex over various periods. The stock has fallen 14.86% year-to-date and 33.16% over the past year, indicating a bearish trend despite increased investor participation.

As of 22-Jun, Nandan Denim Ltd's stock price is falling, currently at 2.52, which reflects a change of -0.1 or -3.82%. This decline is evident in the stock's performance over various periods, where it has underperformed compared to the benchmark Sensex. Over the past week and month, the stock has decreased by 3.82%, while the Sensex has increased by 1.09% and 2.23%, respectively. Year-to-date, Nandan Denim's stock has fallen by 14.86%, compared to a smaller decline of 9.54% in the Sensex. Additionally, the stock has experienced a significant drop of 33.16% over the past year, while the Sensex has only decreased by 6.45%.<BR><BR>Today's performance indicates that Nandan Denim has underperformed its sector by 2.77%. The stock is also trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which suggests a bearish trend. Although there has been a rise in investor participation, with a delivery volume increase of 15.72% on June 19, the overall liquidity remains adequate for trading. However, these factors do not counterbalance the negative price movements and overall underperformance relative to the market.

How big is Nandan Denim?

As of 10th June, Nandan Denim Ltd has a market capitalization of 372.00 Cr, with net sales of 2871.88 Cr and a net profit of 33.13 Cr reported in the latest four quarters.

As of 10th June, Nandan Denim Ltd has a market capitalization of 372.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nandan Denim reported net sales of 2871.88 Cr and a net profit of 33.13 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 618.82 Cr and total assets of 1,274.49 Cr.

Who are in the management team of Nandan Denim?

The management team of Nandan Denim includes Jyotiprasad Chiripal (Managing Director), Shaktidan Gadhavi (Whole-time Director), and several Independent Directors: Giraj Mohan Sharma, Falguni Vasavada, Nalini Nageswaran, Kirit V Joshi, and Rahul Mehta, along with Rinku Patel as Company Secretary & Compliance Officer. This team combines leadership with independent oversight.

The management team of Nandan Denim includes the following individuals:<BR><BR>1. **Jyotiprasad Chiripal** - Managing Director<BR>2. **Shaktidan Gadhavi** - Whole-time Director<BR>3. **Giraj Mohan Sharma** - Independent Director<BR>4. **Falguni Vasavada** - Independent Director<BR>5. **Nalini Nageswaran** - Independent Director<BR>6. **Kirit V Joshi** - Independent Director<BR>7. **Rahul Mehta** - Independent Director<BR>8. **Rinku Patel** - Company Secretary & Compliance Officer<BR><BR>This team brings a mix of leadership and independent oversight to the company. If you need more details about any specific member or their roles, feel free to ask!

Who are the peers of the Nandan Denim?

Nandan Denim's peers include Suditi Industrie, AB Cotspin, Raghuvir Synth, Thomas Scott, Ginni Filaments, Varvee Global, Bhatia Communic., Vardhman Polytex, and Vardhman Acrylic. Nandan Denim has below average management risk and a 1-year return of -37.19%, lower than its peers, with Suditi Industrie showing the highest return at 60.82%.

Peers: The peers of Nandan Denim are Suditi Industrie, AB Cotspin, Raghuvir Synth, Thomas Scott, Ginni Filaments, Varvee Global, Bhatia Communic., Vardhman Polytex, and Vardhman Acrylic.<BR><BR>Quality Snapshot: Below Average management risk is observed at Suditi Industrie, AB Cotspin, Ginni Filaments, Raghuvir Synth, and Varvee Global, while Average management risk is found at Thomas Scott, Bhatia Communic., and Vardhman Acrylic. Nandan Denim also has Below Average management risk. Excellent growth is noted at Thomas Scott and Nandan Denim, while Average growth is found at Suditi Industrie and AB Cotspin, and Below Average growth is observed at Raghuvir Synth, Ginni Filaments, Varvee Global, and Vardhman Acrylic. Below Average capital structure is present at Suditi Industrie, AB Cotspin, Ginni Filaments, Nandan Denim, and Varvee Global, while Good capital structure is noted at Thomas Scott, Average at Bhatia Communic., and Excellent at Vardhman Acrylic.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Suditi Industrie at 60.82%, while Raghuvir Synth has the lowest at -20.16%. Nandan Denim's 1-year return is -37.19%, which is lower than both. Additionally, the six-month return is negative for Suditi Industrie, AB Cotspin, Raghuvir Synth, Thomas Scott, and Vardhman Polytex.

What does Nandan Denim do?

Nandan Denim Ltd is a Micro Cap company in the Garments & Apparels industry, incorporated in 1994 and rebranded in 2013-14. As of March 2026, it reported net sales of 540 Cr and a net profit of 10 Cr.

Overview: <BR>Nandan Denim Ltd operates in the Garments & Apparels industry and is classified as a Micro Cap company.<BR><BR>History: <BR>Nandan Denim Limited was incorporated in 1994 as Nandan Exim Pvt Ltd, converted to a public limited company in 2004 as Nandan Exim Ltd, and rebranded to Nandan Denim Limited in 2013-14. The most recent quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 540 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 10 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 372 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.30 <BR>Return on Equity: 5.18% <BR>Price to Book: 0.58 <BR><BR>Contact Details: <BR>Address: 198/1 203/2 Saijpur-Gopalpur, Pirana Road Piplej Ahmedabad Gujarat : 382405 <BR>Tel: 91-9879200199 <BR>Email: cs.ndl@chiripalgroup.com <BR>Website: http://www.nandandenim.com

Should I buy, sell or hold Nandan Denim Ltd?

Are Nandan Denim Ltd latest results good or bad?

Nandan Denim Ltd's latest results are poor, with a 15.09% decline in net profit and a staggering 48.51% drop in revenue year-on-year, alongside the lowest operating margin in seven quarters and heavy reliance on non-operating income, indicating significant operational challenges.

Nandan Denim Ltd's latest results indicate a challenging situation for the company. In Q4 FY26, the company reported a net profit of ₹9.51 crore, which represents a decline of 15.09% quarter-on-quarter and 10.37% year-on-year. More concerning is the significant drop in revenue, which fell to ₹539.98 crore, marking a staggering 48.51% decrease compared to the same quarter last year. This decline in revenue reflects a troubling trend, as it also represents an 8.10% drop from the previous quarter.<BR><BR>Additionally, the operating margin has decreased to 2.41%, the lowest in seven quarters, indicating deteriorating profitability. The return on equity stands at a mere 5.35%, which is well below industry standards, further highlighting the company's struggles in generating adequate returns for shareholders.<BR><BR>Moreover, the company's reliance on non-operating income has raised red flags, as this income constituted 62.52% of profit before tax in Q4 FY26. This suggests that the core operations are not generating sustainable profitability, which is a significant concern for the overall health of the business.<BR><BR>In summary, the latest results for Nandan Denim Ltd are quite poor, characterized by declining revenues, compressed margins, and a heavy reliance on non-operating income, indicating serious operational challenges.

When is the next results date for Nandan Denim Ltd?

The next results date for Nandan Denim Ltd is 28 May 2026.

The next results date for Nandan Denim Ltd is scheduled for 28 May 2026.

How has been the historical performance of Nandan Denim?

Nandan Denim has experienced significant sales growth, increasing from 1,090.23 Cr in Mar'21 to 3,546.68 Cr in Mar'25, but faced challenges with rising raw material costs and declining profits, with profit after tax dropping from 67.82 Cr in Mar'22 to 33.46 Cr in Mar'25. Overall, while sales have increased, profitability has been impacted by fluctuating costs.

Answer:<BR>The historical performance of Nandan Denim shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Nandan Denim's net sales have seen a substantial increase, rising from 1,090.23 Cr in Mar'21 to 3,546.68 Cr in Mar'25, with a notable jump from 2,010.09 Cr in Mar'24. Total operating income followed a similar trend, reaching 3,546.68 Cr in Mar'25. However, the raw material costs surged dramatically, from 784.80 Cr in Mar'21 to 3,118.24 Cr in Mar'25, impacting the operating profit, which was 128.20 Cr in Mar'25, slightly up from 118.29 Cr in Mar'24 but down from 160.21 Cr in Mar'22. Profit before tax also decreased from 92.27 Cr in Mar'22 to 45.87 Cr in Mar'25, while profit after tax showed a decline from 67.82 Cr in Mar'22 to 33.46 Cr in Mar'25. The company's total liabilities increased from 1,183.22 Cr in Mar'21 to 1,274.49 Cr in Mar'25, with total debt decreasing from 558.22 Cr in Mar'22 to 248.61 Cr in Mar'25. Cash flow from operating activities was 95.00 Cr in Mar'25, down from 230.00 Cr in Mar'24, leading to a net cash outflow of 12.00 Cr in Mar'25. Overall, while Nandan Denim has experienced growth in sales, rising costs and fluctuating profits indicate challenges in maintaining profitability.

Is Nandan Denim technically bullish or bearish?

As of September 23, 2025, Nandan Denim's technical trend is bearish with moderate strength, driven by daily moving averages and weekly indicators, despite a mildly bullish weekly MACD.

As of 23 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance for Nandan Denim is bearish, with a moderate strength. Key indicators driving this stance include the daily moving averages indicating bearishness, the weekly KST and Bollinger Bands also showing bearish signals, and the monthly MACD being mildly bearish. Despite a mildly bullish MACD on the weekly timeframe, the overall trend and other indicators suggest a bearish outlook.

Who are the top shareholders of the Nandan Denim?

The top shareholders of Nandan Denim include Chiripal Industries Limited with 24.96%, individual investors with 36.85%, and Nakshatra Stressed Assets Fund Scheme I at 1.25%. There are no pledged promoter holdings, indicating a strong position among promoters.

The top shareholders of Nandan Denim include Chiripal Industries Limited, which holds the largest stake at 24.96%. The company has a diverse shareholder base, with individual investors collectively owning 36.85%. Additionally, there are six foreign institutional investors (FIIs) holding a total of 0.58%. The highest public shareholder is Nakshatra Stressed Assets Fund Scheme I, with a holding of 1.25%. Notably, there are no pledged promoter holdings, indicating a strong position among the promoters.

Is Nandan Denim overvalued or undervalued?

As of January 2, 2025, Nandan Denim is considered very attractive and undervalued with a PE ratio of 17.18, an EV to EBITDA of 6.22, and a Price to Book Value of 0.93, especially when compared to peers like K P R Mill Ltd and Trident, despite a recent stock performance lagging behind the Sensex.

As of 2 January 2025, Nandan Denim's valuation grade has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued, particularly when considering its key ratios: a PE ratio of 17.18, an EV to EBITDA of 6.22, and a Price to Book Value of 0.93. These metrics suggest that the stock is trading at a discount relative to its earnings and asset value.<BR><BR>In comparison to its peers, Nandan Denim stands out favorably; for instance, K P R Mill Ltd is categorized as very expensive with a PE ratio of 47.51, while Trident is rated fair with a PE of 42.6. Additionally, the company's PEG ratio of 0.00 further emphasizes its undervaluation relative to growth expectations. Despite recent stock performance trailing behind the Sensex over the past year, with a return of -8.91% compared to the Sensex's 7.59%, the long-term outlook remains promising, particularly given its substantial 5-year return of 551.85%.

What is the bonus history of the Nandan Denim?

Nandan Denim's recent bonus history includes a 2:1 bonus announced on March 24, 2022, and a 1:1 bonus issued on January 18, 2007. This demonstrates the company's commitment to rewarding its shareholders.

Nandan Denim has a notable bonus history. The most recent bonus issue was a 2:1 bonus announced with an ex-date of March 24, 2022, and a record date of March 25, 2022. Prior to that, the company issued a 1:1 bonus on January 18, 2007, with a record date of January 19, 2007. This reflects the company's approach to rewarding its shareholders over the years.

Has Nandan Denim declared dividend?

Nandan Denim Ltd has declared a 5% dividend, but the dividend yield is 0%. Despite the lack of dividend contributions, the company has shown significant price appreciation over various periods, particularly in the long term.

Nandan Denim Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Ex-date: 05 Sep 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -21.26%, with a dividend return of 0%, resulting in a total return of -21.26%.<BR><BR>In the 1 year period, the price return was -13.46%, with a dividend return of 0%, leading to a total return of -13.46%.<BR><BR>Over the 2 years period, the price return was 96.08%, with a dividend return of 0%, resulting in a total return of 96.08%.<BR><BR>In the 3 years period, the price return was 5.26%, with a dividend return of 0%, leading to a total return of 5.26%.<BR><BR>For the 4 years period, the price return was 160.39%, with a dividend return of 0%, resulting in a total return of 160.39%.<BR><BR>In the 5 years period, the price return was 426.55%, with a dividend return of 0%, leading to a total return of 426.55%.<BR><BR>Overall, while Nandan Denim has declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the lack of dividend contributions in recent years.