Nandan Denim

Which are the latest news on Nandan Denim?

Why is Nandan Denim Ltd falling/rising?

As of 05-Sep, Nandan Denim Ltd's stock price is stable at 2.83, with a recent decline of 5.98% over the past week and a year-to-date drop of 4.39%. Despite some short-term positive indicators, the long-term outlook remains weak due to poor growth and high debt levels.

As of 05-Sep, Nandan Denim Ltd's stock price is currently stable at 2.83, showing no change (0.00%). The stock has experienced a mixed performance recently, with a notable decline of 5.98% over the past week, contrasting with a significant increase of 18.41% over the past month. Year-to-date, the stock has fallen by 4.39%, while it has underperformed over the last year with a decline of 17.25%.<BR><BR>Today's performance indicates a slight positive trend, as the stock has outperformed its sector by 0.38% and has shown signs of a trend reversal after two consecutive days of decline. However, there is a concerning drop in investor participation, with delivery volume falling by 42.54% compared to the five-day average, which may indicate reduced interest from investors.<BR><BR>Despite the stock trading at a discount compared to its peers and having an attractive valuation with a return on capital employed (ROCE) of 8.6, the long-term fundamentals appear weak. The company has shown poor growth in net sales and operating profit over the last five years, and its ability to service debt is limited due to a high debt to EBITDA ratio of 1.85 times. Furthermore, the stock has underperformed the broader market, which has generated positive returns over the past year.<BR><BR>In summary, while there are some positive indicators in the short term, the overall trend suggests that Nandan Denim Ltd is facing challenges that contribute to its falling stock performance, particularly in the long-term outlook.

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.

The management team of Nandan Denim includes the following members:<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>If you have any more questions about Nandan Denim or its operations, feel free to ask!

What does Nandan Denim do?

Nandan Denim Ltd produces and sells garments and apparels, operating in the micro-cap market. As of June 2026, it reported net sales of ₹622 Cr and a net profit of ₹15 Cr, with a market cap of ₹430 Cr.

Overview: <BR>Nandan Denim Ltd is engaged in the production and sale of garments and apparels, operating within the micro-cap market segment.<BR><BR>History: <BR>Nandan Denim Limited was incorporated on August 9, 1994, originally as a private limited company named Nandan Exim Pvt Ltd. It transitioned to a public limited company on January 16, 2004, changing its name to Nandan Exim Ltd. In the fiscal year 2013-14, the company rebranded to its current name, Nandan Denim Limited. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 622 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 15 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 430 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 11.00 <BR>Industry P/E: 28 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.30 <BR>Return on Equity: 5.74% <BR>Price to Book: 0.68 <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

Who are the peers of the Nandan Denim?

Nandan Denim's peers include Vishal Fabrics, AB Cotspin, Donear Industries, Bhatia Communications, Manomay Tex India, Thomas Scott, Banswara Syntex, and Suditi Industries. Nandan Denim has below-average growth and capital structure, with a 1-year return of -14.71%.

Peers: The peers of Nandan Denim are Vishal Fabrics, AB Cotspin, Donear Inds., Bhatia Communic., Manomay Tex Indi, Thomas Scott, Banswara Syntex, and Suditi Industrie.<BR><BR>Quality Snapshot: Excellent management risk is observed at Thomas Scott, while Average management risk is found at Vishal Fabrics, Donear Inds., Bhatia Communic., Manomay Tex Indi, and the rest. Below Average management risk is noted at AB Cotspin, Nandan Denim, Suditi Industrie. Growth is Good at Bhatia Communic. and Donear Inds., Average at AB Cotspin, Vishal Fabrics, Manomay Tex Indi, and Thomas Scott, while Below Average growth is seen at Nandan Denim, Suditi Industrie, Banswara Syntex. Capital Structure is Good at Bhatia Communic. and Thomas Scott, Average at Vishal Fabrics, and Below Average at AB Cotspin, Donear Inds., Nandan Denim, Manomay Tex Indi, Banswara Syntex, and Suditi Industrie.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Manomay Tex Indi at 29.02%, while the lowest is Vishal Fabrics at -43.14%. Nandan Denim's 1-year return is -14.71%, which is better than Vishal Fabrics but worse than Manomay Tex Indi. Additionally, the six-month return is negative for AB Cotspin, Donear Inds., Thomas Scott, Banswara Syntex, Suditi Industrie, and Vishal Fabrics.

How big is Nandan Denim?

As of 31st August, Nandan Denim Ltd has a market capitalization of 430.00 Cr, with net sales of 2446.59 Cr and a net profit of 36.73 Cr in the latest four quarters. Shareholder's funds are 618.82 Cr and total assets amount to 1,274.49 Cr as of March 2025.

As of 31st August, Nandan Denim Ltd has a market capitalization of 430.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nandan Denim reported net sales of 2446.59 Cr and a net profit of 36.73 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.

Should I buy, sell or hold Nandan Denim Ltd?

When is the next results date for Nandan Denim Ltd?

The next results date for Nandan Denim Ltd is 12 August 2026.

The next results date for Nandan Denim Ltd is scheduled for 12 August 2026.

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.

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.