Nahar Spinning Mills Ltd

Nahar Spinning Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nahar Spinning Mills Ltd

₹ 203 -3.01%
14 Nov - close price
owmnahar.com BSE: 500296 NSE: NAHARSPING
About

Incorporated in 1980, Nahar Spinning Mills Ltd manufactures cotton yarn/blended yarn and hosiery knitwear[1]

Key Points

Business Overview:[1]
NSML is a part of the Nahar Group. It is one of the largest cotton yarn manufacturers and exporter of knitted garments.

Website BSE NSE
  • Market Cap ₹ 734 Cr.
  • Current Price ₹ 203
  • High / Low ₹ 316 / 185
  • Stock P/E 20.1
  • Book Value ₹ 425
  • Dividend Yield 0.49 %
  • ROCE 3.71 %
  • ROE 0.71 %
  • Face Value ₹ 5.00
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.48 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 9.54% over past five years.
  • Company has a low return on equity of 1.78% over last 3 years.
  • Dividend payout has been low at 9.02% of profits over last 3 years
  • Debtor days have increased from 53.7 to 68.7 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 Other Textile Products

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary

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Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
656.87 554.41 723.74 748.90 727.82 757.87 815.42 820.88 775.92 812.17 875.60 819.28 779.27
595.42 550.66 689.58 739.79 714.98 739.49 775.13 768.37 771.38 774.01 809.37 761.32 753.48
Operating Profit 61.45 3.75 34.16 9.11 12.84 18.38 40.29 52.51 4.54 38.16 66.23 57.96 25.79
OPM % 9.35% 0.68% 4.72% 1.22% 1.76% 2.43% 4.94% 6.40% 0.59% 4.70% 7.56% 7.07% 3.31%
16.01 6.08 8.24 3.11 3.41 0.64 5.48 0.68 16.31 2.17 9.95 3.45 1.50
Interest 6.99 6.23 8.00 15.10 13.20 16.29 21.57 20.75 18.15 15.01 20.29 17.19 11.41
Depreciation 17.46 17.97 19.71 20.22 21.32 22.86 24.07 23.51 24.13 24.03 23.54 23.16 22.92
Profit before tax 53.01 -14.37 14.69 -23.10 -18.27 -20.13 0.13 8.93 -21.43 1.29 32.35 21.06 -7.04
Tax % 25.00% -23.31% 33.36% -24.24% -1.48% -24.49% 384.62% 25.64% -18.57% 41.86% 30.70% 24.17% -33.95%
39.76 -11.02 9.79 -17.51 -18.00 -15.21 -0.37 6.64 -17.46 0.76 22.41 15.96 -4.64
EPS in Rs 11.01 -3.05 2.71 -4.85 -4.99 -4.21 -0.10 1.84 -4.84 0.21 6.21 4.42 -1.29
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
2,203 2,149 2,029 2,132 2,133 2,305 2,083 2,112 3,594 2,797 3,050 3,285 3,286
1,846 1,929 1,804 1,944 2,040 2,070 2,019 1,914 2,783 2,585 2,951 3,124 3,098
Operating Profit 357 220 225 188 94 236 64 198 811 212 99 161 188
OPM % 16% 10% 11% 9% 4% 10% 3% 9% 23% 8% 3% 5% 6%
7 12 18 22 9 12 6 7 14 44 -1 34 17
Interest 71 86 63 47 55 60 67 69 75 33 70 79 64
Depreciation 88 131 101 96 94 84 82 82 75 73 88 95 94
Profit before tax 204 15 79 68 -46 104 -78 54 675 150 -61 21 48
Tax % 29% -37% 36% 32% -30% 37% -32% 23% 26% 26% -17% 42%
146 20 51 46 -32 65 -53 41 502 111 -51 12 34
EPS in Rs 40.37 5.64 14.09 12.73 -8.91 18.04 -14.70 11.47 139.11 30.69 -14.15 3.42 9.55
Dividend Payout % 2% 18% 11% 12% -6% 6% -0% 13% 3% 5% -7% 29%
Compounded Sales Growth
10 Years: 4%
5 Years: 10%
3 Years: -3%
TTM: 4%
Compounded Profit Growth
10 Years: -6%
5 Years: 17%
3 Years: -72%
TTM: 261%
Stock Price CAGR
10 Years: 7%
5 Years: 38%
3 Years: -10%
1 Year: -18%
Return on Equity
10 Years: 6%
5 Years: 9%
3 Years: 2%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

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 18 18 18 18 18 18 18 18 18 18 18 18 18
Reserves 745 742 793 838 800 859 801 880 1,583 1,536 1,463 1,471 1,517
1,159 1,078 1,015 738 996 887 924 1,074 1,013 730 1,151 1,101 760
252 165 144 161 170 145 162 230 338 230 257 160 186
Total Liabilities 2,174 2,003 1,970 1,756 1,985 1,908 1,906 2,202 2,951 2,514 2,889 2,750 2,481
900 867 813 770 709 747 756 724 752 838 918 864 821
CWIP 61 20 1 3 6 13 7 28 21 101 3 5 11
Investments 18 9 27 28 25 22 22 61 306 163 134 139 185
1,195 1,106 1,129 955 1,245 1,126 1,121 1,389 1,872 1,412 1,835 1,741 1,464
Total Assets 2,174 2,003 1,970 1,756 1,985 1,908 1,906 2,202 2,951 2,514 2,889 2,750 2,481

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
209 134 163 382 -240 250 61 -85 261 609 -395 93
-211 -89 -58 -61 -19 -128 -78 -53 -161 -257 -49 14
-3 -44 -121 -120 -122 -123 20 136 -99 -303 393 -76
Net Cash Flow -5 1 -17 201 -382 -1 3 -3 2 49 -51 32

Ratios

Figures in Rs. Crores

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 68 65 65 52 59 49 48 53 53 41 51 69
Inventory Days 180 163 205 140 195 164 175 207 198 155 194 141
Days Payable 16 9 11 14 18 7 7 9 4 19 5 4
Cash Conversion Cycle 232 219 258 178 236 205 215 251 247 177 240 205
Working Capital Days 26 35 42 30 21 21 28 46 64 72 70 70
ROCE % 15% 5% 8% 7% 0% 9% -1% 7% 33% 7% 1% 4%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
66.31% 66.44% 66.44% 66.61% 66.71% 67.03% 67.07% 67.07% 67.07% 67.42% 67.42% 67.42%
0.38% 0.35% 0.27% 0.25% 0.22% 0.14% 0.11% 0.11% 0.12% 0.00% 0.08% 0.09%
0.56% 0.56% 0.56% 0.56% 0.59% 0.59% 0.59% 0.74% 0.74% 0.59% 0.59% 0.59%
32.75% 32.63% 32.72% 32.58% 32.48% 32.24% 32.24% 32.09% 32.06% 31.96% 31.90% 31.89%
No. of Shareholders 32,70532,41732,15531,73031,41631,83930,81330,22529,45729,13128,86228,690

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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