Nandan Denim Ltd

About [ edit ]

Nandan Denim is principally engaged in the manufacturing and Sale of fabrics including Denim, Yarn and Shirting.

  • Market Cap 384 Cr.
  • Current Price 79.9
  • High / Low 84.1 / 18.2
  • Stock P/E
  • Book Value 98.0
  • Dividend Yield 0.00 %
  • ROCE 1.12 %
  • ROE -3.89 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.82 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -1.18% over past five years.
  • Company has a low return on equity of 0.45% for last 3 years.
  • Earnings include an other income of Rs.23.52 Cr.

Peer comparison

Sector: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
357 371 340 389 460 390 366 308 55 351 312 372
310 339 304 352 423 363 334 306 56 362 285 322
Operating Profit 47 31 36 36 37 27 32 2 -1 -10 26 50
OPM % 13% 8% 11% 9% 8% 7% 9% 1% -1% -3% 8% 14%
Other Income 3 7 3 1 4 3 1 16 0 15 6 2
Interest 14 -8 14 7 12 9 11 12 9 13 8 13
Depreciation 30 32 24 20 27 19 20 21 16 19 22 22
Profit before tax 6 14 1 11 3 2 3 -15 -25 -27 3 18
Tax % 6% 44% -281% 62% -28% -19% 46% 48% 23% 35% 0% 14%
Net Profit 5 8 5 4 3 2 2 -8 -19 -18 3 15
EPS in Rs 1.09 1.65 1.01 0.85 0.67 0.46 0.35 -1.58 -4.02 -3.69 0.63 3.18

Profit & Loss

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
371 507 574 703 894 1,097 1,157 1,220 1,589 1,456 1,524 1,090
318 439 491 596 761 931 966 1,034 1,363 1,307 1,419 1,024
Operating Profit 53 68 83 107 133 165 191 187 226 149 105 66
OPM % 14% 13% 14% 15% 15% 15% 17% 15% 14% 10% 7% 6%
Other Income 5 0 5 2 4 3 4 21 14 13 19 24
Interest 17 17 28 32 32 38 41 36 58 27 43 42
Depreciation 23 25 33 41 50 60 66 86 121 104 88 78
Profit before tax 18 26 26 36 55 71 88 85 61 31 -7 -31
Tax % 37% 33% 29% 13% 28% 28% 28% 15% 24% 32% 93% 40%
Net Profit 12 17 19 31 39 51 63 73 46 21 -1 -19
EPS in Rs 2.54 3.81 4.13 6.82 8.63 11.29 13.90 15.10 9.65 4.41 -0.11 -3.90
Dividend Payout % 0% 0% 24% 18% 14% 14% 12% 11% 8% 11% 0% 0%
Compounded Sales Growth
10 Years:8%
5 Years:-1%
3 Years:-12%
TTM:-28%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-562%
Stock Price CAGR
10 Years:13%
5 Years:-10%
3 Years:1%
1 Year:303%
Return on Equity
10 Years:10%
5 Years:5%
3 Years:0%
Last Year:-4%

Balance Sheet

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
46 46 46 46 46 46 46 48 48 48 48 48
Reserves 83 100 113 138 171 213 268 390 426 443 442 423
Borrowings 272 260 285 402 452 471 511 638 640 603 522 466
90 88 82 92 124 130 193 205 231 170 201 246
Total Liabilities 490 494 526 677 792 860 1,018 1,280 1,345 1,264 1,213 1,183
197 266 301 341 452 437 480 798 737 632 584 503
CWIP 66 15 5 54 0 11 90 6 0 15 0 2
Investments 3 3 0 0 4 7 7 2 1 1 1 0
224 209 220 282 335 405 440 475 607 615 627 678
Total Assets 490 494 526 677 792 860 1,018 1,280 1,345 1,264 1,213 1,183

Cash Flows

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
32 62 81 56 88 133 147 169 66 79 155 35
-15 -35 -68 -146 -94 -94 -180 -286 -0 -26 -18 -24
-18 -26 -3 78 10 -26 32 116 -65 -68 -124 -9
Net Cash Flow -1 1 10 -11 4 13 -2 -0 1 -15 13 1

Ratios

Figures in Rs. Crores

Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
ROCE % 9% 11% 12% 13% 14% 16% 17% 13% 11% 5% 4% 1%
Debtor Days 126 40 44 47 50 49 39 40 63 69 76 93
Inventory Turnover 5.01 4.33 4.07 4.88 5.27 5.99 5.04 4.45 5.22 4.93 6.63 4.33

Shareholding Pattern

Numbers in percentages

Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021
63.14 64.21 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73
8.08 5.86 0.32 0.32 0.32 0.32 0.53 0.55 1.24 1.51 1.98 2.24
0.06 0.04 0.06 0.04 0.00 0.10 0.00 0.00 0.00 0.00 0.00 0.00
0.01 0.01 0.01 0.01 0.01 0.01 0.19 0.01 0.01 0.01 0.01 0.01
28.71 29.88 34.88 34.90 34.93 34.83 34.55 34.70 34.02 33.75 33.27 33.02

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