Nandan Denim Ltd

₹ 30.8 -3.29%
23 Sep - close price
About

Nandan Denim Limited is principally engaged in the manufacturing and Sale of fabrics including Denim, Yarn and Shirting etc. [1]

Key Points

Products
The Company manufactures Denim - Knit Denim, Basic Denim, Lightweight shirting, Poly Dobby and Cotton Dobby, Shirting - Indigo dyed checks, Indigo with sulphur, Mélange, grindle, space dyed, slubs and injections types of yarns, and Seasonal collection and Yarn - 100% Cotton, Blended, Special, Open End, Organic Cotton, Core-Spun and 100% dyed. [1][2]

  • Market Cap 445 Cr.
  • Current Price 30.8
  • High / Low 70.0 / 21.6
  • Stock P/E 6.54
  • Book Value 37.4
  • Dividend Yield 0.00 %
  • ROCE 12.7 %
  • ROE 13.4 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.83 times its book value
  • Company is expected to give good quarter

Cons

  • Company has a low return on equity of 4.69% for last 3 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

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Quarterly Results

Figures in Rs. Crores

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
460 390 366 308 55 351 312 372 360 511 583 721 780
423 363 334 306 56 362 285 322 327 464 535 689 742
Operating Profit 37 27 32 2 -1 -10 26 50 33 47 48 32 38
OPM % 8% 7% 9% 1% -1% -3% 8% 14% 9% 9% 8% 4% 5%
4 3 1 16 0 15 6 2 2 6 4 6 3
Interest 12 9 11 12 9 13 8 13 11 12 11 7 12
Depreciation 27 19 20 21 16 19 22 22 9 10 14 12 13
Profit before tax 3 2 3 -15 -25 -27 3 18 15 31 27 19 16
Tax % -28% -19% 46% 48% 23% 35% 0% 14% 30% 29% 27% 19% 35%
Net Profit 3 2 2 -8 -19 -18 3 15 10 22 20 15 11
EPS in Rs 0.22 0.15 0.12 -0.53 -1.34 -1.23 0.21 1.06 0.72 1.54 1.37 1.07 0.73
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
507 574 703 894 1,097 1,157 1,220 1,589 1,456 1,524 1,090 2,176 2,595
439 496 596 761 931 966 1,034 1,363 1,307 1,419 1,008 2,015 2,430
Operating Profit 68 78 107 133 165 191 187 226 149 105 82 160 165
OPM % 13% 14% 15% 15% 15% 17% 15% 14% 10% 7% 8% 7% 6%
0 9 2 4 3 4 21 14 13 19 7 19 20
Interest 17 28 32 32 38 41 36 58 27 43 42 42 42
Depreciation 25 33 41 50 60 66 86 121 104 88 78 44 49
Profit before tax 26 26 36 55 71 88 85 61 31 -7 -31 92 94
Tax % 33% 29% 13% 28% 28% 28% 15% 24% 32% 92% 40% 26%
Net Profit 17 19 31 39 51 63 73 46 21 -1 -19 68 68
EPS in Rs 1.27 1.38 2.27 2.88 3.77 4.64 5.03 3.22 1.47 -0.04 -1.30 4.70 4.71
Dividend Payout % 0% 24% 18% 14% 14% 12% 11% 8% 11% 0% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 12%
3 Years: 14%
TTM: 86%
Compounded Profit Growth
10 Years: 16%
5 Years: -1%
3 Years: 47%
TTM: 517%
Stock Price CAGR
10 Years: 12%
5 Years: -8%
3 Years: 34%
1 Year: 35%
Return on Equity
10 Years: 11%
5 Years: 6%
3 Years: 5%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
46 46 46 46 46 46 48 48 48 48 48 144
Reserves 100 113 138 171 213 268 390 426 443 442 423 395
260 285 402 452 471 511 638 640 603 522 552 558
88 82 92 124 130 193 205 231 170 201 160 346
Total Liabilities 494 526 677 792 860 1,018 1,280 1,345 1,264 1,213 1,183 1,443
266 301 341 452 437 480 798 737 632 584 503 537
CWIP 15 5 54 0 11 90 6 0 15 0 2 7
Investments 3 0 0 4 7 7 2 1 1 1 0 0
209 220 282 335 405 440 475 607 615 627 678 899
Total Assets 494 526 677 792 860 1,018 1,280 1,345 1,264 1,213 1,183 1,443

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
62 81 56 88 133 147 169 66 79 155 35 101
-35 -68 -146 -94 -94 -180 -286 -0 -26 -18 -24 -55
-26 -3 78 10 -26 32 116 -65 -68 -124 -9 -34
Net Cash Flow 1 10 -11 4 13 -2 -0 1 -15 13 1 12

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 40 44 47 50 49 39 40 63 69 76 93 75
Inventory Days 117 88 90 81 68 93 96 83 77 52 94 52
Days Payable 46 33 34 34 33 49 60 56 39 46 55 56
Cash Conversion Cycle 110 99 103 97 84 82 76 90 107 83 132 71
Working Capital Days 71 59 69 54 58 48 46 69 93 87 131 84
ROCE % 11% 12% 13% 14% 16% 17% 13% 11% 5% 4% 3% 13%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73 64.73
0.32 0.32 0.53 0.55 1.24 1.51 1.98 2.24 1.66 2.08 1.07 0.88
0.00 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.01 0.01 0.19 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01
34.93 34.83 34.55 34.70 34.02 33.75 33.27 33.02 33.60 33.18 34.19 34.38

Documents

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