Nandan Denim Ltd

Nandan Denim Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nandan Denim Ltd

₹ 3.80 -2.06%
11 Jul - close price
nandandenim.com BSE: 532641 NSE: NDL
About

Incorporated in 1994, Nandan Denim Ltd manufactures Denim, Shirting materials, Yarn and various types of fabrics[1]

Key Points

Business Overview:[1][2]
NDL is a part of the Ahmedabad-based Chiripal Group. It is an ISO 17050-1, OEKO-TEX certified manufacturer and distributor of denim fabric, yarn/dyed yarn, cotton fabric, and shirting fabric to consumers in different parts of the globe. Additionally, they provide grey cotton fabric and blend textiles.

Website BSE NSE
  • Market Cap ₹ 548 Cr.
  • Current Price ₹ 3.80
  • High / Low ₹ 7.35 / 2.96
  • Stock P/E 16.4
  • Book Value ₹ 4.29
  • Dividend Yield 0.00 %
  • ROCE 9.27 %
  • ROE 5.56 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.89 times its book value
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 64.9 days to 43.3 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 4.51% over last 3 years.
  • Promoter holding has decreased over last 3 years: -13.7%

* 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

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Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
721 780 528 262 457 554 414 462 579 722 850 926 1,049
689 742 505 262 434 534 388 430 540 689 818 897 1,014
Operating Profit 32 38 23 -0 23 20 27 32 39 32 33 29 34
OPM % 4% 5% 4% -0% 5% 4% 6% 7% 7% 4% 4% 3% 3%
6 3 1 2 6 3 4 1 26 2 2 2 2
Interest 7 12 13 11 17 12 10 10 15 10 9 9 9
Depreciation 12 13 8 8 8 10 10 10 11 14 14 14 12
Profit before tax 19 16 3 -18 3 2 11 13 39 11 11 9 15
Tax % 19% 35% 81% -25% 20% 24% 23% 41% 30% 34% 23% 24% 27%
15 11 1 -13 3 2 8 8 27 7 9 7 11
EPS in Rs 0.11 0.07 0.00 -0.09 0.02 0.01 0.06 0.06 0.19 0.05 0.06 0.05 0.07
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
894 1,097 1,157 1,220 1,589 1,456 1,524 1,090 2,176 2,027 2,010 3,547
761 931 966 1,034 1,363 1,307 1,419 1,008 2,015 1,943 1,892 3,418
Operating Profit 133 165 191 187 226 149 105 82 160 84 118 128
OPM % 15% 15% 17% 15% 14% 10% 7% 8% 7% 4% 6% 4%
4 3 4 21 14 13 19 7 19 12 35 8
Interest 32 38 41 36 58 27 43 42 42 53 47 37
Depreciation 50 60 66 86 121 104 88 78 45 37 41 53
Profit before tax 55 71 88 85 61 31 -7 -31 92 5 65 46
Tax % 28% 28% 28% 15% 24% 32% -92% -40% 27% 90% 31% 27%
39 51 63 73 46 21 -1 -19 68 1 45 33
EPS in Rs 0.29 0.38 0.46 0.50 0.32 0.15 -0.00 -0.13 0.47 0.00 0.31 0.23
Dividend Payout % 14% 14% 12% 11% 8% 11% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 18%
3 Years: 18%
TTM: 76%
Compounded Profit Growth
10 Years: -4%
5 Years: 53%
3 Years: -21%
TTM: -23%
Stock Price CAGR
10 Years: 0%
5 Years: 41%
3 Years: 12%
1 Year: -23%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 5%
Last Year: 6%

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
Equity Capital 46 46 46 48 48 48 48 48 144 144 144 144
Reserves 171 213 293 390 426 443 442 423 395 396 441 475
452 471 511 638 640 603 522 552 558 465 330 249
124 130 168 205 231 170 201 160 346 262 267 407
Total Liabilities 792 860 1,018 1,280 1,345 1,264 1,213 1,183 1,443 1,267 1,182 1,274
452 437 480 798 737 632 584 503 544 534 508 459
CWIP 0 11 90 6 0 15 0 2 0 5 1 1
Investments 4 7 7 2 1 1 1 0 0 0 0 1
335 405 440 475 607 615 627 678 899 727 673 814
Total Assets 792 860 1,018 1,280 1,345 1,264 1,213 1,183 1,443 1,267 1,182 1,274

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
88 133 147 169 66 79 155 35 101 141 230 95
-94 -94 -180 -286 -0 -26 -18 -24 -55 -21 -50 10
10 -26 32 116 -65 -68 -124 -9 -34 -145 -168 -117
Net Cash Flow 4 13 -2 -0 1 -15 13 1 12 -25 12 -13

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 50 49 39 40 63 69 76 93 75 64 68 53
Inventory Days 81 68 93 96 83 77 52 94 52 46 38 21
Days Payable 34 33 49 60 56 39 46 55 56 40 42 37
Cash Conversion Cycle 97 84 82 76 90 107 83 132 71 69 63 36
Working Capital Days 54 58 48 46 69 93 87 161 84 81 70 43
ROCE % 14% 16% 16% 13% 11% 5% 4% 3% 13% 5% 11% 9%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
64.73% 64.74% 64.74% 64.87% 64.87% 64.87% 64.87% 64.87% 58.46% 51.01% 51.01% 51.01%
0.88% 0.47% 0.52% 0.79% 0.56% 0.35% 0.35% 0.48% 0.60% 0.57% 0.58% 0.58%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 1.48% 1.48% 1.25%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
34.38% 34.79% 34.75% 34.32% 34.56% 34.77% 34.77% 34.65% 40.87% 46.92% 46.91% 47.14%
No. of Shareholders 31,43134,00334,09133,76034,67034,49336,88935,58572,14896,0031,35,0941,69,051

* 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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