Nandani Creation Ltd
Incorporated in 2012, Nandini Creations Ltd manufactures and sells fabrics and ladies garments[1]
- Market Cap ₹ 57.8 Cr.
- Current Price ₹ 30.3
- High / Low ₹ 54.6 / 26.0
- Stock P/E 35.2
- Book Value ₹ 33.5
- Dividend Yield 0.00 %
- ROCE 11.2 %
- ROE 7.85 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.90 times its book value
- Company is expected to give good quarter
- Company's median sales growth is 20.8% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.82% over past five years.
- Company has a low return on equity of 4.17% over last 3 years.
- Promoters have pledged 40.6% of their holding.
- Company has high debtors of 187 days.
- Promoter holding has decreased over last 3 years: -17.3%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Textiles Textiles & Apparels Garments & Apparels
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 5 | 14 | 19 | 21 | 36 | 44 | 46 | 55 | 45 | 44 | 70 | 101 | |
| 2 | 5 | 13 | 18 | 19 | 33 | 41 | 42 | 53 | 42 | 40 | 61 | 95 | |
| Operating Profit | 0 | 0 | 1 | 1 | 2 | 3 | 3 | 4 | 2 | 3 | 4 | 8 | 7 |
| OPM % | 2% | 2% | 6% | 6% | 10% | 8% | 6% | 9% | 4% | 7% | 8% | 12% | 6% |
| 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 |
| Profit before tax | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 0 | 0 | 1 | 5 | 2 |
| Tax % | 50% | 40% | 31% | 35% | 29% | 28% | 31% | 26% | 50% | 29% | 11% | 28% | |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 0 | 0 | 0 | 4 | 2 | |
| EPS in Rs | 0.33 | 1.00 | 15.00 | 0.49 | 0.81 | 0.94 | 0.62 | 1.03 | 0.07 | 0.07 | 0.30 | 2.07 | 0.88 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 31% |
| 5 Years: | 10% |
| 3 Years: | 8% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 59% |
| 5 Years: | 32% |
| 3 Years: | 215% |
| TTM: | -68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | -26% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 5% |
| 3 Years: | 4% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.09 | 0.09 | 0.09 | 3 | 3 | 3 | 8 | 10 | 10 | 11 | 11 | 17 | 19 |
| Reserves | 0 | 0 | 1 | 4 | 4 | 6 | 2 | 5 | 5 | 17 | 17 | 34 | 45 |
| 1 | 1 | 2 | 0 | 6 | 8 | 8 | 8 | 15 | 13 | 24 | 25 | 25 | |
| 1 | 1 | 2 | 3 | 3 | 4 | 7 | 4 | 3 | 3 | 7 | 11 | 19 | |
| Total Liabilities | 2 | 2 | 5 | 9 | 16 | 20 | 25 | 26 | 33 | 43 | 60 | 87 | 108 |
| 0 | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 4 | 5 | 9 | 6 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| 2 | 2 | 5 | 9 | 15 | 19 | 23 | 23 | 28 | 38 | 51 | 80 | 101 | |
| Total Assets | 2 | 2 | 5 | 9 | 16 | 20 | 25 | 26 | 33 | 43 | 60 | 87 | 108 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -0 | -1 | -2 | -2 | 0 | 1 | 1 | -4 | -4 | -7 | -18 | |
| -0 | -0 | -0 | -1 | -1 | -0 | -0 | -1 | -2 | -2 | -1 | -0 | |
| 1 | 0 | 1 | 3 | 3 | 0 | -0 | -1 | 6 | 9 | 5 | 19 | |
| Net Cash Flow | -0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | 0 | 3 | -3 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 147 | 105 | 90 | 80 | 118 | 63 | 45 | 40 | 48 | 56 | 174 | 187 |
| Inventory Days | 448 | 99 | 116 | 364 | 303 | 363 | 408 | 271 | 208 | 439 | 347 | 376 |
| Days Payable | 551 | 173 | 156 | 237 | 112 | 106 | 172 | 63 | 40 | 34 | 97 | 78 |
| Cash Conversion Cycle | 44 | 31 | 50 | 207 | 309 | 321 | 281 | 248 | 216 | 460 | 424 | 485 |
| Working Capital Days | 116 | 53 | 37 | 111 | 132 | 95 | 100 | 110 | 102 | 184 | 270 | 265 |
| ROCE % | 12% | 15% | 42% | 23% | 18% | 17% | 15% | 18% | 6% | 6% | 6% | 11% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Number of EBOs Number |
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| Own Sales Channel Contribution to Total Sales % |
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| Sales Volume Number of Pieces Sold |
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| Average Selling Price (ASP) ₹ per Piece |
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| Number of Shop-in-Shop (SIS) / MBO Outlets Number |
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| Number of SKUs Number |
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Documents
Announcements
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Copy of Newspaper Publication
13 February 2026 - Newspaper ad of unaudited standalone and consolidated results for quarter and nine months ended 31-Dec-2025, published 11-Feb-2026.
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Press Release
10 February 2026 - Q3/9M FY26 results: Net sales +65% (9M), Q3 +100%; Jaipur Kurti crossed ₹100 crore sales in 2025.
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Outcome of Board Meeting
9 February 2026 - Nandani Creation Limited has informed regarding Board meeting held on February 09, 2026.
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Outcome of Board Meeting
9 February 2026 - Nandani Creation Limited has informed regarding Board meeting held on February 09, 2026.
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Price movement
7 January 2026 - Reply to NSE on price surge; says disclosures made, price market-driven.
Business Overview:[1][2]
NCL does manufacturing and trading of women's apparel like kurtis, dresses, ethnic tops, palazzo, pants, patiala, salwar suits, dupattas, skirts, etc. Their brand is known for ethnic wear, kurtis with many traditional designs ,having a wide range of colors, patterns, and sizes. It has its manufacturing set-up at Jaipur with sales channels comprising 3rd party online platforms, own website, and retail stores