NB Footwear

Why is NB Footwear Ltd. falling/rising?

As of 19-Aug, NB Footwear Ltd. is facing a stock price decline to Rs. 5.17, down 4.96%, and has lost 18.84% over the past five days. The company has significantly underperformed the market with a year-to-date decline of 49.51% and negative financial indicators, indicating weak growth potential.

As of 19-Aug, NB Footwear Ltd. is experiencing a decline in its stock price, currently at Rs. 5.17, which represents a decrease of Rs. 0.27 or 4.96%. This drop is part of a broader trend, as the stock has been falling for the past five days, resulting in a significant loss of 18.84% during this period. The stock has also hit a new 52-week low today, indicating a continued downward trajectory.<BR><BR>The company's performance has notably underperformed compared to the broader market, with a year-to-date decline of 49.51% against a market decline of only 9.75%. Over the past year, NB Footwear has generated a return of -48.91%, while the market has seen a modest gain of 1.01%. This stark contrast highlights the company's struggles relative to its peers.<BR><BR>Additionally, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals a bearish trend. Investor participation has also decreased, with delivery volume falling by 41.8% compared to the 5-day average, suggesting waning interest among investors.<BR><BR>The company's fundamentals further exacerbate the situation, as it has a negative book value of Rs. 1.76 crore and has recorded a negative EBITDA of Rs. -0.17 crore. These financial indicators reflect weak long-term growth potential, contributing to the stock's poor performance. Overall, the combination of declining stock price, poor financial health, and underperformance against the market are key factors driving the stock's fall.

Which are the latest news on NB Footwear?

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

Who are in the management team of NB Footwear?

The management team of NB Footwear includes Bina Shah (Chairperson), Kannan A Yadav (Managing Director & CEO), S Krishnan (Executive Director & CFO), Rajen K Desai (Non Executive Director), Krishnaveni Kannan Yadav (Non Executive Director), and Neerav Merchant (Independent Director).

The management team of NB Footwear includes the following individuals:<BR><BR>- **Bina Shah** - Chairperson<BR>- **Kannan A Yadav** - Managing Director & CEO<BR>- **S Krishnan** - Executive Director & CFO<BR>- **Rajen K Desai** - Non Executive Director<BR>- **Krishnaveni Kannan Yadav** - Non Executive Director<BR>- **Neerav Merchant** - Independent Director<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does NB Footwear do?

NB Footwear Ltd. specializes in tanning, processing, and manufacturing hides, leather goods, and footwear, classified as a micro-cap company with a market cap of INR 9 Cr. The company reported a net profit of 0 Cr for the quarter ending March 2026.

Overview:<BR>NB Footwear Ltd. is engaged in the business of tanning, processing, manufacturing, and dealing in hides, 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, initially 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 9 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A<BR>Industry P/E: 42<BR>Dividend Yield: 0.00%<BR>Debt-Equity: 0.00<BR>Return on Equity: 7.27%<BR>Price to Book: -5.06<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, Technopack Poly., Amin Tannery, Olympic Cards, SMVD Poly Pack, Solve Plastic, Ahimsa Industrie, SPP Polymer, Medistep Health, and Lexus Granito. Medistep Health stands out with good management and excellent growth, while most peers exhibit below-average performance and negative returns.

Peers: The peers of NB Footwear are Pearl Polymers, Technopack Poly., Amin Tannery, Olympic Cards, SMVD Poly Pack, Solve Plastic, Ahimsa Industrie, SPP Polymer, Medistep Health, and Lexus Granito.<BR><BR>Quality Snapshot: Below Average management risk is observed at Pearl Polymers, Technopack Poly., Amin Tannery, Olympic Cards, SMVD Poly Pack, Solve Plastic, Ahimsa Industrie, and SPP Polymer, while Good management risk is found at Medistep Health. All peers except Medistep Health have Below Average growth, while Medistep Health shows Excellent growth. Capital Structure is Below Average for Pearl Polymers, Amin Tannery, Olympic Cards, SMVD Poly Pack, Solve Plastic, Ahimsa Industrie, and the rest, while SPP Polymer has Average capital structure and Medistep Health has Good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Medistep Health at -40.67%, while the peer with the lowest is Pearl Polymers at -49.12%, indicating that NB Footwear's own 1-year return of -40.67% is equal to that of Medistep Health. Additionally, the peers with negative six-month returns include Pearl Polymers, Amin Tannery, Olympic Cards, and NB Footwear.

Are NB Footwear Ltd. latest results good or bad?

NB Footwear Ltd.'s latest results are concerning, showing a net loss of ₹0.02 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.

How big is NB Footwear?

As of 14th August, NB Footwear Ltd. has a market capitalization of 9.00 Cr, categorized as a Micro Cap company, with recent net sales of 0.00 Cr and a net loss of 0.16 Cr over the last four quarters. Shareholder's funds are reported at a loss of 1.59 Cr, and total assets stand at 0.00 Cr.

As of 14th August, NB Footwear Ltd. has a market capitalization of 9.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In terms of 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>For the balance sheet snapshot, the reporting period is the latest annual period ending in March 2025. Shareholder's Funds are reported at a loss of 1.59 Cr, and Total Assets stand at 0.00 Cr.

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