NB Footwear

Why is NB Footwear Ltd. falling/rising?

As of 13-Jul, NB Footwear Ltd. is facing a stock price decline to 6.17, down 3.59%, due to poor long-term growth, negative financial indicators, and reduced promoter confidence. The stock has significantly underperformed the market, with a year-to-date drop of 39.75% and a negative book value, raising concerns about its viability.

As of 13-Jul, NB Footwear Ltd. is experiencing a decline in its stock price, currently at 6.17, which reflects a change of -0.23 or -3.59%. This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has significantly underperformed in the market over various time frames, with a year-to-date decline of -39.75% and a one-year drop of -51.61%, compared to a much smaller decline of -8.92% in the benchmark index. This stark contrast indicates that investor sentiment towards NB Footwear is negative, particularly as the company has shown poor long-term growth, with net sales and operating profit stagnating over the past five years.<BR><BR>Moreover, the company has a negative book value of Rs 1.76 crore and has recorded a negative EBITDA of Rs -0.17 crore, which raises concerns about its financial health and long-term viability. The reduction in promoter confidence, evidenced by a 7.41% decrease in their stake, further signals a lack of faith in the company's future prospects. <BR><BR>Despite a slight increase in investor participation, with delivery volume rising by 62.95% against the five-day average, the overall performance remains weak, as the stock is trading below all its moving averages. This combination of negative financial indicators and declining promoter confidence contributes to the stock's falling price.

Which are the latest news on NB Footwear?

How big is NB Footwear?

As of 10th June, NB Footwear Ltd. has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company, with recent net sales of 0.00 Cr and a net profit loss of 0.16 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: NB Footwear Ltd. has a market capitalization of 10.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest four quarters is 0.00 Cr, while the sum of Net Profit for the same period shows a loss of 0.16 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are recorded at a loss of 1.59 Cr, and Total Assets are 0.00 Cr.

Who are in the management team of NB Footwear?

The management team of NB Footwear includes Chairperson Bina Shah, Managing Director & CEO Kannan A Yadav, Executive Director & CFO S Krishnan, Non-Executive Directors Rajen K Desai and Krishnaveni Kannan Yadav, and Independent Director Neerav Merchant. They oversee the company's operations and strategic direction.

The management team of NB Footwear includes the following individuals:<BR><BR>1. **Bina Shah** - Chairperson<BR>2. **Kannan A Yadav** - Managing Director & CEO<BR>3. **S Krishnan** - Executive Director & CFO<BR>4. **Rajen K Desai** - Non Executive Director<BR>5. **Krishnaveni Kannan Yadav** - Non Executive Director<BR>6. **Neerav Merchant** - Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction. If you have any more questions about NB Footwear or its management, feel free to ask!

Who are the peers of the NB Footwear?

Peers of NB Footwear include Amin Tannery, Technopack Poly, and Olympic Cards, among others. Medistep Health shows excellent management and growth, while Olympic Cards has the highest 1-year return at 4.23%, compared to NB Footwear's -31.95%.

Peers: Amin Tannery, Technopack Poly., Olympic Cards, Solve Plastic, SMVD Poly Pack, Ahimsa Industrie, SPP Polymer, Medistep Health., Pearl Polymers, Lexus Granito.<BR><BR>Quality Snapshot: Excellent management risk is observed at Medistep Health., while Below Average management risk is found at Amin Tannery, Technopack Poly., Olympic Cards, Solve Plastic, SMVD Poly Pack, Ahimsa Industrie, Pearl Polymers, and Lexus Granito, and the rest. Excellent growth is seen at Medistep Health., while Below Average growth is noted at Amin Tannery, Technopack Poly., Olympic Cards, Solve Plastic, SMVD Poly Pack, Ahimsa Industrie, SPP Polymer, Pearl Polymers, and Lexus Granito, and the rest. Good capital structure is present at Technopack Poly. and Medistep Health., while Below Average capital structure is found at Amin Tannery, Olympic Cards, Solve Plastic, SMVD Poly Pack, Ahimsa Industrie, Pearl Polymers, and Lexus Granito, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Olympic Cards at 4.23%, while Technopack Poly. has the lowest at -55.40%. NB Footwear's 1-year return is -31.95%, which is better than Technopack Poly. but worse than Olympic Cards. Additionally, Amin Tannery, Technopack Poly., Solve Plastic, SMVD Poly Pack, Ahimsa Industrie, SPP Polymer, Pearl Polymers, and Lexus Granito all have a six-month return of 0.00%.

What does NB Footwear do?

NB Footwear Ltd. is a micro-cap company involved in the tanning, processing, manufacturing, and retail of leather goods and footwear. It was incorporated in 1987 and reported a market cap of INR 10 Cr with a net profit of 0 Cr as of March 2026.

Overview: <BR>NB Footwear Ltd. is engaged in the business of tanners, processors, manufacturers, and dealers in hides of skins of all animal leather, leather goods, and footwear of all kinds, operating within the diversified consumer products industry and classified as a micro-cap company.<BR><BR>History: <BR>NB Footwear Limited was incorporated on September 24, 1987, as a Private Limited Company and later converted to a Public Limited Company. The latest quarterly results reported are for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 10 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 38 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 7.27% <BR>Price to Book: -5.24<BR><BR>Contact Details: <BR>Address: 87/84 Mosque Street, Seduvalai Village Vellore Tamil Nadu : 632104 <BR>Email: nbfootwearltd@gmail.com <BR>Website: http://www.nbfootwear.in

Should I buy, sell or hold NB Footwear Ltd.?

When is the next results date for NB Footwear Ltd.?

The next results date for NB Footwear Ltd. is 27 May 2026.

The next results date for NB Footwear Ltd. is scheduled for 27 May 2026.

Are NB Footwear Ltd. latest results good or bad?

NB Footwear Ltd.'s latest results are concerning, showing a net loss of ₹0.03 crores and zero revenue for Q2 FY26, marking seven consecutive quarters without sales. The company has negative shareholder funds and a significant decline in stock performance, indicating a critical financial situation with no signs of recovery.

The latest results for NB Footwear Ltd. are quite concerning. In Q2 FY26, the company reported a net loss of ₹0.03 crores with zero revenue, indicating a continuation of its operational struggles. This marks seven consecutive quarters without any sales, highlighting a complete operational shutdown.<BR><BR>The financial position is critical, with negative shareholder funds of ₹-1.59 crores and a book value per share of ₹-1.92, reflecting the total erosion of equity. The company has also experienced a severe decline in its stock performance, with a one-year return of -63.38%, significantly underperforming compared to broader market indices.<BR><BR>Overall, the financial metrics suggest that NB Footwear is in a state of terminal decline, with no visible turnaround prospects. Investors should be cautious, as the company's situation appears dire with ongoing losses and no operational activity.

How has been the historical performance of NB Footwear?

NB Footwear has consistently reported zero revenue and significant losses from March 2019 to March 2025, with negative operating profit and reserves, indicating a deteriorating financial position. The company's book value per share has declined from -1.09 in March 2020 to -1.92 in March 2025.

Answer:<BR>The historical performance of NB Footwear shows a consistent lack of revenue generation and significant losses over the years.<BR><BR>Breakdown:<BR>NB Footwear has reported zero net sales and zero other operating income from March 2019 to March 2025, indicating no revenue generation during this period. The total operating income has also remained at zero, with raw material costs, finished goods purchases, and other operating expenses consistently reported as zero. Employee costs have shown a slight increase from 0.01 crore in March 2019 to 0.06 crore in March 2025, while other expenses have fluctuated, peaking at 0.33 crore in March 2021 before decreasing to 0.17 crore in March 2025. The total expenditure, excluding depreciation, has varied slightly, with a high of 0.34 crore in March 2021 and a low of 0.19 crore in March 2024. Operating profit has consistently been negative, culminating in a loss of 0.23 crore in March 2025, similar to the losses reported in previous years. The profit after tax has also remained negative, with a loss of 0.23 crore in March 2025. The company's reserves have been negative throughout this period, reaching -16.09 crore in March 2025. Shareholder's funds have also been negative, indicating a deteriorating financial position. The book value per share has declined from -1.09 in March 2020 to -1.92 in March 2025, reflecting ongoing financial challenges. Overall, NB Footwear has not demonstrated any positive financial performance or growth over the years.

Who are the top shareholders of the NB Footwear?

The top shareholder of NB Footwear is Nitin K Minocha, with a 29.63% stake, followed by Lemon Management Consultancy Private Limited at 4.79%. Individual investors collectively own 45.67%, with no institutional holdings reported.

The top shareholders of NB Footwear include Nitin K Minocha, who holds the largest stake at 29.63%. Following him, the highest public shareholder is Lemon Management Consultancy Private Limited, with a holding of 4.79%. Additionally, individual investors collectively own 45.67% of the company. There are no institutional holdings from mutual funds or foreign institutional investors.

Is NB Footwear overvalued or undervalued?

As of April 25, 2023, NB Footwear is rated as risky and overvalued due to its negative PE ratio of -17.33 and poor financial metrics, significantly underperforming compared to peers like Bhartiya International and Lehar Footwear, and has a year-to-date return of -24.88% versus the Sensex's 5.62%.

As of 25 April 2023, the valuation grade for NB Footwear has moved from does not qualify to risky, indicating a significant downgrade in its financial health. The company is currently assessed as overvalued, given its negative PE ratio of -17.33, price to book value of -10.90, and EV to EBITDA of -17.33. These ratios suggest that the company is struggling to generate positive earnings and is not effectively utilizing its capital.<BR><BR>In comparison to its peers, NB Footwear's valuation metrics starkly contrast with Bhartiya International, which has a PE ratio of 61.23 and an EV to EBITDA of 15.060, indicating a much healthier financial position. Similarly, Lehar Footwears, rated as fair, has a PE ratio of 40.42 and an EV to EBITDA of 19.080. The recent performance of NB Footwear has also lagged behind the Sensex, with a year-to-date return of -24.88% compared to the Sensex's 5.62%, further reinforcing the notion that the stock is overvalued in its current state.

What is the technical trend for NB Footwear?

As of June 2, 2025, NB Footwear's trend is mildly bearish, indicated by daily moving averages and weekly Dow Theory, despite some mixed signals from MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for NB Footwear has changed from does not qualify to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating bearish momentum and the weekly Dow Theory also reflecting a mildly bearish outlook. While the weekly MACD shows mildly bullish signals, the monthly MACD and KST are both mildly bearish, suggesting mixed signals across different time frames. The Bollinger Bands indicate a bearish trend on the weekly chart, further supporting the bearish sentiment. Overall, the strength of the bearish trend is moderate, influenced by recent price action and broader market comparisons.

Has NB Footwear declared dividend?

No Dividend History Available