Nahar Spinning Mills Ltd
Incorporated in 1980, Nahar Spinning Mills Limited is engaged in the business of manufacturing cotton yarn/blended yarn and hosiery knitwears. [1]
- Market Cap ₹ 1,017 Cr.
- Current Price ₹ 282
- High / Low ₹ 362 / 232
- Stock P/E
- Book Value ₹ 422
- Dividend Yield 0.54 %
- ROCE 7.48 %
- ROE 7.01 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Stock is trading at 0.66 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.57% over past five years.
- Company might be capitalizing the interest cost
* 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
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,695 | 1,960 | 2,203 | 2,149 | 2,029 | 2,132 | 2,133 | 2,305 | 2,083 | 2,112 | 3,594 | 2,797 | 2,958 | |
1,679 | 1,638 | 1,846 | 1,929 | 1,804 | 1,944 | 2,040 | 2,070 | 2,019 | 1,914 | 2,783 | 2,581 | 2,882 | |
Operating Profit | 16 | 322 | 357 | 220 | 225 | 188 | 94 | 236 | 64 | 198 | 811 | 216 | 76 |
OPM % | 1% | 16% | 16% | 10% | 11% | 9% | 4% | 10% | 3% | 9% | 23% | 8% | 3% |
9 | 8 | 7 | 12 | 18 | 22 | 9 | 12 | 6 | 7 | 14 | 40 | 14 | |
Interest | 114 | 109 | 71 | 86 | 63 | 47 | 55 | 60 | 67 | 69 | 75 | 33 | 53 |
Depreciation | 84 | 88 | 88 | 131 | 101 | 96 | 94 | 84 | 82 | 82 | 75 | 73 | 84 |
Profit before tax | -173 | 134 | 204 | 15 | 79 | 68 | -46 | 104 | -78 | 54 | 675 | 150 | -47 |
Tax % | 32% | 42% | 29% | -37% | 36% | 32% | 30% | 37% | 32% | 23% | 26% | 26% | |
-117 | 78 | 146 | 20 | 51 | 46 | -32 | 65 | -53 | 41 | 502 | 111 | -41 | |
EPS in Rs | -32.51 | 21.71 | 40.37 | 5.64 | 14.09 | 12.73 | -8.91 | 18.04 | -14.70 | 11.47 | 139.11 | 30.69 | -11.34 |
Dividend Payout % | 0% | 5% | 2% | 18% | 11% | 12% | -6% | 6% | 0% | 13% | 3% | 5% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 6% |
3 Years: | 10% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 40% |
3 Years: | 60% |
TTM: | -117% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 25% |
3 Years: | 43% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 12% |
3 Years: | 18% |
Last Year: | 7% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 | 18 |
Reserves | 531 | 604 | 745 | 742 | 793 | 838 | 800 | 859 | 801 | 880 | 1,583 | 1,536 | 1,507 |
1,208 | 1,227 | 1,159 | 1,078 | 1,015 | 738 | 996 | 887 | 924 | 1,074 | 1,013 | 730 | 707 | |
113 | 166 | 252 | 165 | 144 | 161 | 170 | 145 | 162 | 230 | 338 | 230 | 177 | |
Total Liabilities | 1,870 | 2,015 | 2,174 | 2,003 | 1,970 | 1,756 | 1,985 | 1,908 | 1,906 | 2,202 | 2,951 | 2,514 | 2,409 |
838 | 802 | 900 | 867 | 813 | 770 | 709 | 747 | 756 | 724 | 752 | 838 | 843 | |
CWIP | 40 | 38 | 61 | 20 | 1 | 3 | 6 | 13 | 7 | 28 | 21 | 101 | 60 |
Investments | 14 | 12 | 18 | 9 | 27 | 28 | 25 | 22 | 22 | 61 | 306 | 163 | 165 |
979 | 1,163 | 1,195 | 1,106 | 1,129 | 955 | 1,245 | 1,126 | 1,121 | 1,389 | 1,872 | 1,412 | 1,340 | |
Total Assets | 1,870 | 2,015 | 2,174 | 2,003 | 1,970 | 1,756 | 1,985 | 1,908 | 1,906 | 2,202 | 2,951 | 2,514 | 2,409 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
153 | 134 | 209 | 134 | 163 | 382 | -240 | 250 | 61 | -85 | 261 | 609 | |
-150 | -45 | -211 | -89 | -58 | -61 | -19 | -128 | -78 | -53 | -161 | -257 | |
-2 | -88 | -3 | -44 | -121 | -120 | -122 | -123 | 20 | 136 | -99 | -303 | |
Net Cash Flow | 1 | 1 | -5 | 1 | -17 | 201 | -382 | -1 | 3 | -3 | 2 | 49 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 82 | 69 | 68 | 65 | 65 | 52 | 59 | 49 | 48 | 53 | 53 | 41 |
Inventory Days | 145 | 224 | 180 | 163 | 205 | 140 | 195 | 164 | 175 | 207 | 198 | 155 |
Days Payable | 12 | 11 | 16 | 9 | 11 | 14 | 18 | 7 | 7 | 9 | 4 | 19 |
Cash Conversion Cycle | 215 | 282 | 232 | 219 | 258 | 178 | 236 | 205 | 215 | 251 | 247 | 177 |
Working Capital Days | 162 | 168 | 143 | 141 | 158 | 108 | 161 | 141 | 156 | 198 | 151 | 139 |
ROCE % | -3% | 13% | 15% | 5% | 8% | 7% | 0% | 9% | -1% | 7% | 33% | 7% |
Documents
Announcements
-
Compliance Certificate For The Year Ended March 31, 2024
15 Apr - Compliance Certificate under Regulation 7(3) of SEBI (LODR), Regulations, 2015 for the year ended March 31, 2024 is enclosed
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended March 31, 2024 is enclosed.
- DEMAT REPORT FOR THE MONTH OF MARCH, 2024 4 Apr
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 3 Apr
- Closure of Trading Window 27 Mar
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Products
Yarns (90%): Raw white & dyed yarns available in Single, Double, Multi-fold, Slub & Compact cones.
Knitted Garments (10%): Single knit and double knit fabrics [1] [2] [3]