Nandani Creation Ltd
Incorporated in 2012, Nandini Creations Ltd manufactures and sells fabrics and ladies garments[1]
- Market Cap ₹ 72.8 Cr.
- Current Price ₹ 38.2
- High / Low ₹ 58.0 / 26.0
- Stock P/E 31.1
- Book Value ₹ 34.1
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 9.03 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.12 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
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -4.38%
- 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 40.6% of their holding.
- Company has high debtors of 186 days.
* 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 | 88.71 | |
| 17.69 | 17.48 | 31.02 | 42.93 | 43.04 | 59.75 | 44.96 | 40.85 | 60.52 | 80.83 | |
| Operating Profit | 1.34 | 2.39 | 3.19 | 3.23 | 4.64 | 2.89 | 3.88 | 4.26 | 9.12 | 7.88 |
| OPM % | 7.04% | 12.03% | 9.32% | 7.00% | 9.73% | 4.61% | 7.94% | 9.44% | 13.10% | 8.88% |
| 0.03 | -0.03 | 0.02 | 0.10 | 0.41 | 0.68 | 0.66 | 0.75 | 1.17 | 0.71 | |
| Interest | 0.38 | 0.68 | 1.19 | 1.69 | 1.76 | 1.56 | 2.56 | 2.54 | 3.09 | 3.54 |
| Depreciation | 0.14 | 0.33 | 0.47 | 0.38 | 1.11 | 1.33 | 1.84 | 1.90 | 2.03 | 1.92 |
| Profit before tax | 0.85 | 1.35 | 1.55 | 1.26 | 2.18 | 0.68 | 0.14 | 0.57 | 5.17 | 3.13 |
| 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 | 2.34 | |
| EPS in Rs | 0.52 | 0.89 | 1.03 | 0.71 | 1.11 | 0.34 | 0.07 | 0.34 | 2.15 | 1.30 |
| 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: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 32% |
| 3 Years: | 114% |
| TTM: | -58% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | -23% |
| 1 Year: | -33% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2.95 | 2.95 | 2.95 | 8.23 | 10.03 | 10.03 | 11.43 | 11.48 | 17.26 | 19.09 |
| Reserves | 3.65 | 4.61 | 5.71 | 2.14 | 5.25 | 5.76 | 17.57 | 18.39 | 35.01 | 46.08 |
| 1.10 | 7.35 | 10.49 | 10.36 | 9.68 | 17.11 | 14.39 | 26.47 | 26.68 | 28.88 | |
| 2.23 | 7.00 | 8.90 | 14.20 | 10.99 | 9.97 | 4.76 | 13.40 | 13.76 | 20.12 | |
| Total Liabilities | 9.93 | 21.91 | 28.05 | 34.93 | 35.95 | 42.87 | 48.15 | 69.74 | 92.71 | 114.17 |
| 0.62 | 1.41 | 1.44 | 1.20 | 3.14 | 5.43 | 6.45 | 9.90 | 7.31 | 7.78 | |
| CWIP | 0.22 | 0.22 | 0.22 | 0.27 | 0.01 | 0.00 | 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 | 0.04 |
| 9.09 | 20.07 | 26.18 | 33.25 | 32.48 | 37.38 | 41.63 | 59.75 | 85.27 | 106.35 | |
| Total Assets | 9.93 | 21.91 | 28.05 | 34.93 | 35.95 | 42.87 | 48.15 | 69.74 | 92.71 | 114.17 |
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
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Price movement
7 January 2026 - Reply to NSE on price surge; says disclosures made, price market-driven.
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Price movement
7 January 2026 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Press Release
7 January 2026 - Jaipur Kurti achieved ₹100+ crore sales in CY2025, ~46% YoY; expanded omni-channel retail presence.
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Trading Window
31 December 2025 - Trading window closed 01-Jan-2026 until 48 hours after Q4 (31-Dec-2025) unaudited results declaration.
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Press Release
10 December 2025 - Jaipur Kurti partners with Reliance Centro to enter 12+ stores nationwide.
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