NB Footwear

What does NB Footwear do?

NB Footwear Ltd. specializes in tanning, processing, and manufacturing animal leather and footwear, classified as a micro-cap company with a market cap of Rs 17 Cr. The company reported a net profit of 0 Cr for the quarter ending March 2025.

Overview:<BR>NB Footwear Ltd. is engaged in the business of tanning, processing, manufacturing, and dealing in animal leather, leather goods, and footwear, 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 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: N/A<BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2025)<BR>Market-cap value: Rs 17 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 43<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: 8.05%<BR>Price to Book: -10.38<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

Who are in the management team of NB Footwear?

As of March 2023, the management team of NB Footwear includes Kannan A Yadav (Managing Director & CEO), S Krishnan (Executive Director & CFO), Bina Shah (Chairperson), along with Rajen K Desai, Krishnaveni Kannan Yadav, and Neerav Merchant in various director roles. They oversee the company's operations and strategic direction.

As of March 2023, the management team of NB Footwear includes the following individuals:<BR><BR>- Rajen K Desai, Non Executive Director<BR>- Kannan A Yadav, Managing Director & CEO<BR>- Krishnaveni Kannan Yadav, Non Executive Director<BR>- S Krishnan, Executive Director & CFO<BR>- Neerav Merchant, Independent Director<BR>- Bina Shah, Chairperson<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

Has NB Footwear declared dividend?

No Dividend History Available

Who are the peers of the NB Footwear?

Peers of NB Footwear include Kajaria Ceramics, Safari Inds., Cera Sanitary, V I P Inds., Borosil, Pokarna, Olympic Cards, Solve, and Ahimsa Industrie, with varying management risks and growth classifications. Notably, NB Footwear has a 1-year return of 86.76%, slightly surpassing Pokarna's 86.66%.

Peers: Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, Pokarna, Olympic Cards, Solve, Ahimsa Industrie.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., Cera Sanitary., and Pokarna, while Average management risk is found at V I P Inds. and the rest. Below Average management risk is noted for Borosil, Olympic Cards, Solve, Ahimsa Industrie, and the rest. Growth is classified as Excellent for Borosil, Good for Safari Inds. and the rest, Below Average for Kajaria Ceramics, Cera Sanitary., V I P Inds., and the rest, and Average for Pokarna. Capital Structure is Excellent for Kajaria Ceramics, Safari Inds., Cera Sanitary., and Borosil, while Below Average is seen at V I P Inds., Pokarna, Olympic Cards, Solve, Ahimsa Industrie, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Pokarna at 86.66%, while the lowest is Olympic Cards at -18.11%. NB Footwear's 1-year return is 86.76%, which is slightly higher than Pokarna's. Additionally, the six-month return is negative for V I P Inds., Borosil, Pokarna, Olympic Cards, and Ahimsa Industrie.

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.

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.

How big is NB Footwear?

As of 22nd July, NB Footwear Ltd. has a market capitalization of 19.00 Cr, classified as a Micro Cap, with recent net sales of 0.00 Cr and a net profit loss of 0.23 Cr over the last four quarters. Shareholder's funds are at a loss of 1.36 Cr, and total assets are reported as 0.00 Cr.

As of 22nd July, <BR><BR>Market Cap: NB Footwear Ltd. has a market capitalization of 19.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 0.00 Cr, while the sum of Net Profit for the same period shows a loss of 0.23 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds at a loss of 1.36 Cr and Total Assets reported as 0.00 Cr.

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.

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

The next results date for NB Footwear Ltd. is January 30, 2026.

The next results date for NB Footwear Ltd. is scheduled for January 30, 2026.

Why is NB Footwear Ltd. falling/rising?

As of 29-Jan, NB Footwear Ltd. is facing a significant decline in its stock price, currently at Rs. 6.13, marking a new 52-week low and a year-to-date drop of -40.14%. Despite increased investor participation, the stock continues to underperform against the benchmark Sensex and shows a bearish trend.

As of 29-Jan, NB Footwear Ltd. is experiencing a decline in its stock price, currently at Rs. 6.13, which reflects a change of -0.21 or -3.31%. The stock has hit a new 52-week low today, indicating a significant drop in value. Over the past week, the stock has underperformed, with a decrease of -6.41%, while the benchmark Sensex has shown a slight increase of +0.31%. <BR><BR>In the last month, the stock has plummeted by -43.08%, compared to a smaller decline of -2.51% in the Sensex. Year-to-date, the stock is down -40.14%, again significantly worse than the Sensex's -3.11%. Over the past year, the decline is even more pronounced, with a drop of -65.09%, while the Sensex has gained +7.88%. <BR><BR>The stock has been on a downward trend for the last three days, with a total decline of -10.38% during this period. Additionally, it is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically indicates a bearish sentiment among investors. <BR><BR>Despite these negative trends, there has been a notable increase in investor participation, with delivery volume rising by 122.96% against the 5-day average. However, this increase in participation has not translated into a positive price movement, as the stock continues to fall. Overall, the combination of significant price declines, underperformance relative to the benchmark, and the recent consecutive falls contribute to the current downward trajectory of NB Footwear Ltd.'s stock price.

Which are the latest news on NB Footwear?

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 with no revenue for seven consecutive quarters, negative book value per share, and a 48.06% decline in stock value over the past year. Overall, the company is in a distressing financial position with no clear path to recovery.

The latest results for NB Footwear Ltd. indicate a challenging situation for the company. In Q2 FY26, the company reported a net loss of ₹0.03 crores, which shows a 62.50% improvement sequentially from a loss of ₹0.08 crores in the previous quarter. However, this improvement is minimal and reflects only a slight reduction in operating expenses rather than any operational recovery, as the company continues to report zero revenue.<BR><BR>The absence of any sales for at least seven consecutive quarters highlights a complete operational shutdown. Furthermore, the company's book value per share is negative at -₹1.92, indicating negative shareholder equity, which means its liabilities exceed its assets. This situation places the company in a precarious financial position.<BR><BR>Over the past year, the stock has declined by 48.06%, significantly underperforming the Sensex, which gained 10.38% during the same period. This sharp decline reflects the market's recognition of the company's non-operational status and deteriorating financial health.<BR><BR>In summary, while there has been a slight sequential improvement in losses, the overall picture remains bleak due to ongoing operational inactivity, negative equity, and a lack of revenue generation. Therefore, the latest results can be characterized as bad, indicating a company in distress with no clear path to recovery.

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