Nandani Creation Ltd
Incorporated in 2012, Nandini Creations Ltd manufactures and sells fabrics and ladies garments[1]
- Market Cap ₹ 67.3 Cr.
- Current Price ₹ 35.2
- High / Low ₹ 59.0 / 31.9
- Stock P/E 20.5
- Book Value ₹ 30.3
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 9.03 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.16 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 8.57% over past five years.
- Company has a low return on equity of 4.79% over last 3 years.
- Promoters have pledged or encumbered 40.6% of their holding.
- Company has high debtors of 186 days.
- Promoter holding has decreased over last 3 years: -25.0%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
19.03 | 19.87 | 34.21 | 46.16 | 47.68 | 62.64 | 48.84 | 45.11 | 69.64 | 78.76 | |
17.69 | 17.48 | 31.02 | 42.93 | 43.04 | 59.75 | 44.96 | 40.85 | 60.52 | 70.12 | |
Operating Profit | 1.34 | 2.39 | 3.19 | 3.23 | 4.64 | 2.89 | 3.88 | 4.26 | 9.12 | 8.64 |
OPM % | 7.04% | 12.03% | 9.32% | 7.00% | 9.73% | 4.61% | 7.94% | 9.44% | 13.10% | 10.97% |
0.03 | -0.03 | 0.02 | 0.10 | 0.41 | 0.68 | 0.66 | 0.75 | 1.17 | 1.01 | |
Interest | 0.38 | 0.68 | 1.19 | 1.69 | 1.76 | 1.56 | 2.56 | 2.54 | 3.09 | 3.09 |
Depreciation | 0.14 | 0.33 | 0.47 | 0.38 | 1.11 | 1.33 | 1.84 | 1.90 | 2.03 | 1.95 |
Profit before tax | 0.85 | 1.35 | 1.55 | 1.26 | 2.18 | 0.68 | 0.14 | 0.57 | 5.17 | 4.61 |
Tax % | 34.12% | 29.63% | 29.03% | 32.54% | 26.15% | 26.47% | 21.43% | 1.75% | 28.24% | |
0.56 | 0.96 | 1.11 | 0.85 | 1.61 | 0.50 | 0.11 | 0.56 | 3.71 | 3.28 | |
EPS in Rs | 0.52 | 0.89 | 1.03 | 0.71 | 1.11 | 0.34 | 0.07 | 0.34 | 2.15 | 1.86 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 4% |
TTM: | 42% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 32% |
3 Years: | 114% |
TTM: | 27% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | -21% |
1 Year: | -10% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 9% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 2.95 | 2.95 | 2.95 | 8.23 | 10.03 | 10.03 | 11.43 | 11.48 | 17.26 |
Reserves | 3.65 | 4.61 | 5.71 | 2.14 | 5.25 | 5.76 | 17.57 | 18.39 | 35.01 |
1.10 | 7.35 | 10.49 | 10.36 | 9.68 | 17.11 | 14.39 | 26.47 | 26.68 | |
2.23 | 7.00 | 8.90 | 14.20 | 10.99 | 9.97 | 4.76 | 13.40 | 13.76 | |
Total Liabilities | 9.93 | 21.91 | 28.05 | 34.93 | 35.95 | 42.87 | 48.15 | 69.74 | 92.71 |
0.62 | 1.41 | 1.44 | 1.20 | 3.14 | 5.43 | 6.45 | 9.90 | 7.31 | |
CWIP | 0.22 | 0.22 | 0.22 | 0.27 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.21 | 0.21 | 0.21 | 0.32 | 0.06 | 0.07 | 0.09 | 0.13 |
9.09 | 20.07 | 26.18 | 33.25 | 32.48 | 37.38 | 41.63 | 59.75 | 85.27 | |
Total Assets | 9.93 | 21.91 | 28.05 | 34.93 | 35.95 | 42.87 | 48.15 | 69.74 | 92.71 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
-5.33 | -2.71 | -0.30 | 1.07 | 2.96 | -3.13 | -1.77 | -7.34 | -16.94 | |
-1.03 | -1.39 | -0.54 | -0.33 | -0.80 | -3.36 | -2.67 | -0.84 | -0.53 | |
6.64 | 3.93 | 0.96 | -0.84 | -2.14 | 6.58 | 7.72 | 4.93 | 17.67 | |
Net Cash Flow | 0.28 | -0.17 | 0.12 | -0.11 | 0.03 | 0.09 | 3.28 | -3.25 | 0.20 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 79.60 | 132.44 | 75.75 | 58.91 | 49.38 | 67.53 | 54.93 | 177.85 | 186.22 |
Inventory Days | 453.55 | 715.31 | 1,252.45 | 1,169.41 | 440.62 | 258.53 | 501.70 | 470.33 | 413.77 |
Days Payable | 218.14 | 376.76 | 564.68 | 674.19 | 206.62 | 113.69 | 63.86 | 199.67 | 103.59 |
Cash Conversion Cycle | 315.01 | 470.99 | 763.53 | 554.12 | 283.38 | 212.37 | 492.77 | 448.51 | 496.40 |
Working Capital Days | 115.47 | 150.45 | 117.90 | 108.33 | 110.23 | 97.31 | 174.65 | 269.04 | 269.50 |
ROCE % | 18.40% | 16.44% | 15.40% | 17.47% | 7.02% | 6.82% | 6.24% | 12.21% |
Documents
Announcements
-
Shareholders meeting
1 October 2025 - Scrutinizer report: 13th AGM on 30 Sep 2025 — all six resolutions approved, 7,935,359 votes in favor.
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Trading Window
1 October 2025 - Trading window closed 01-Oct-2025 until 48 hours after unaudited Q2/H1 results for period ended 30-Sep-2025.
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Shareholders meeting
30 September 2025 - 13th AGM held 30 Sep 2025 via VC; financials, director reappointment, secretarial auditor and related-party transactions approved.
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Shareholders meeting
5 September 2025 - Annual Report FY2024-25; AGM on 30 Sep 2025 (3:30 PM VC); remote e-voting 26–29 Sep; cut-off 23 Sep.
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Outcome of Board Meeting
5 September 2025 - AGM on Sep 30, 2025; appointed secretarial auditor; reappointed internal auditor; RPT approvals; register closed Sep 24-30, 2025; Board's report approved.
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