Is Nahar Spinning overvalued or undervalued?

As of 14 November 2025, the valuation grade for Nahar Spinning has moved from very attractive to attractive. The company is currently considered undervalued based on its financial ratios, which include a PE ratio of 20.11, an EV to EBITDA of 9.58, and a Price to Book Value of 0.49. These figures suggest that the stock is trading at a discount compared to its intrinsic value.
In comparison to its peers, Nahar Spinning's valuation appears favorable, especially when contrasted with K P R Mill Ltd, which has a PE ratio of 43.91, indicating it is very expensive, and Trident, which has a PE ratio of 32.4 and is rated as fair. Despite a challenging year-to-date performance of -24.00% against the Sensex's 8.22%, the long-term outlook remains positive, with a remarkable 5-year return of 404.70%. This reinforces the notion that Nahar Spinning is currently undervalued in the market.