NB Footwear

Why is NB Footwear Ltd. falling/rising?

As of 01-Sep, NB Footwear Ltd. is facing a significant decline in its stock price, currently at Rs. 3.28, marking a 4.93% drop and a new 52-week low. The company shows weak financial health with negative EBITDA and a 67.97% year-to-date decline, reflecting severe underperformance and negative investor sentiment.

As of 01-Sep, NB Footwear Ltd. is experiencing a decline in its stock price, currently at Rs. 3.28, which reflects a decrease of Rs. 0.17 or 4.93%. The stock has hit a new 52-week low today and has been on a consecutive downward trend for the last 14 days, resulting in a significant drop of 48.51% during this period. <BR><BR>In terms of performance relative to the broader market, the stock has underperformed its sector by 6.81% today, and over the past week, it has fallen by 22.46%, while the Sensex has only decreased by 0.92%. The stock's year-to-date performance shows a staggering decline of 67.97%, compared to a 9.71% drop in the Sensex, indicating a severe underperformance.<BR><BR>Additionally, the company's financial health is concerning, as it has a negative book value of Rs. 1.76 crore and has recorded a negative EBITDA of Rs. -0.17 crore. This reflects weak long-term fundamental strength and poor growth prospects, with net sales and operating profit showing no improvement over the last five years. The lack of investor participation is also evident, with delivery volume dropping by 80.91% against the five-day average, further contributing to the stock's liquidity issues.<BR><BR>Overall, the combination of poor financial performance, significant declines in stock price, and negative investor sentiment are key factors driving the stock's downward trajectory.

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.

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>If you have any more questions about the company or its management, feel free to ask!

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 5 Cr with no recent net profit as of June 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 June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: N/A <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 5 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 33 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 7.27% <BR>Price to Book: -2.78 <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 the peers of the NB Footwear?

NB Footwear's peers include Pearl Polymers, Amin Tannery, Technopack Poly., Olympic Cards, Solve Plastic, Ahimsa Industrie, SMVD Poly Pack, SPP Polymer, and Lexus Granito. Most peers have below-average growth and management risk, with Technopack Poly. showing a good capital structure; NB Footwear's 1-year return is -62.86%, worse than its peers.

Peers: The peers of NB Footwear are Pearl Polymers, Amin Tannery, Technopack Poly., Olympic Cards, Solve Plastic, Ahimsa Industrie, SMVD Poly Pack, SPP Polymer, and Lexus Granito.<BR><BR>Quality Snapshot: Below Average management risk is observed at Pearl Polymers, Amin Tannery, Olympic Cards, Solve Plastic, Ahimsa Industrie, SMVD Poly Pack, SPP Polymer, and Lexus Granito, while Technopack Poly. has a Good capital structure. All peers have Below Average growth, except for Technopack Poly., which has Good capital structure, and the rest have Below Average ratings.<BR><BR>Return Snapshot: Amin Tannery has the highest 1-year return at 3.06%, while Pearl Polymers has the lowest at -50.95%, with NB Footwear's 1-year return at -62.86%, indicating a worse performance than both. Additionally, Technopack Poly., Olympic Cards, and NB Footwear have negative six-month returns.

How big is NB Footwear?

As of 31st August, NB Footwear Ltd. has a market capitalization of 5.00 Cr, with reported Net Sales of 0.00 Cr and a Net Profit loss of 0.14 Cr in the latest four quarters. The company has Shareholder's Funds of -1.59 Cr and Total Assets of 0.00 Cr as of March 2025.

As of 31st August, NB Footwear Ltd. has a market capitalization of 5.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, NB Footwear reported Net Sales of 0.00 Cr and a Net Profit loss of 0.14 Cr.<BR><BR>As of the latest annual period in March 2025, the company had Shareholder's Funds of -1.59 Cr and Total Assets of 0.00 Cr.

Which are the latest news on NB Footwear?

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

Are NB Footwear Ltd. latest results good or bad?

NB Footwear Ltd.'s latest results are concerning, showing a net loss of ₹0.02 crores and zero revenue in Q4 FY26, with negative equity and a 48.67% decline in stock value over the past year. Overall, the financial situation is bad, indicating a company in decline with no clear recovery path.

The latest results for NB Footwear Ltd. are concerning and indicate a troubling financial situation. In Q4 FY26, the company reported a net loss of ₹0.02 crores with zero revenue, a pattern that has persisted for several years. This lack of sales highlights the company's dormant operations and raises significant questions about its viability.<BR><BR>Additionally, the book value per share is negative at ₹-1.92, reflecting negative equity and accumulated losses of ₹16.09 crores. The promoter holding has also decreased significantly by 7.41% quarter-over-quarter, now standing at 29.63%, which may signal a lack of confidence from insiders regarding the company's future.<BR><BR>Over the past year, the stock has plummeted by 48.67%, underperforming the broader market (Sensex), which declined by only 7.01%. This performance, combined with the company's negative financial metrics and absence of institutional interest, leads to a strong recommendation to avoid investing in NB Footwear. Overall, the results can be classified as bad, indicating a company in decline with no clear path to recovery.

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.

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