Nandan Denim Ltd

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

Nandan Denim Ltd

₹ 2.62 -0.76%
29 May - 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 ₹ 379 Cr.
  • Current Price ₹ 2.62
  • High / Low ₹ 4.42 / 1.80
  • Stock P/E 11.4
  • Book Value ₹ 4.52
  • Dividend Yield 0.00 %
  • ROCE 7.32 %
  • ROE 5.22 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Stock is trading at 0.58 times its book value
  • Company has delivered good profit growth of 72.1% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.11% over last 3 years.
  • Promoter holding has decreased over last 3 years: -13.9%

* 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 Consumer Discretionary

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Quarterly Results

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
457.16 554.37 414.42 462.18 579.12 721.62 850.25 926.15 1,048.65 1,047.68 784.69 499.53 539.98
434.04 534.03 387.75 429.85 540.13 689.38 817.70 897.13 1,014.27 1,015.27 761.26 478.49 526.95
Operating Profit 23.12 20.34 26.67 32.33 38.99 32.24 32.55 29.02 34.38 32.41 23.43 21.04 13.03
OPM % 5.06% 3.67% 6.44% 7.00% 6.73% 4.47% 3.83% 3.13% 3.28% 3.09% 2.99% 4.21% 2.41%
5.83 3.39 4.01 1.39 25.79 2.24 1.92 1.85 1.62 1.54 1.83 1.45 9.39
Interest 17.37 11.81 10.33 10.46 14.63 9.59 9.46 8.62 9.07 7.52 6.90 6.74 -3.50
Depreciation 8.13 9.68 9.72 9.77 11.39 13.59 13.60 13.62 12.41 11.61 10.05 11.65 10.90
Profit before tax 3.45 2.24 10.63 13.49 38.76 11.30 11.41 8.63 14.52 14.82 8.31 4.10 15.02
Tax % 19.71% 24.11% 22.86% 40.99% 30.08% 33.72% 23.05% 23.75% 26.86% 24.43% -13.60% 27.56% 36.68%
2.76 1.71 8.20 7.96 27.11 7.49 8.78 6.58 10.61 11.20 9.45 2.97 9.51
EPS in Rs 0.02 0.01 0.06 0.06 0.19 0.05 0.06 0.05 0.07 0.08 0.07 0.02 0.07
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,097 1,157 1,220 1,589 1,456 1,524 1,090 2,176 2,027 2,010 3,547 2,872
931 966 1,034 1,363 1,307 1,419 1,008 2,015 1,943 1,892 3,418 2,782
Operating Profit 165 191 187 226 149 105 82 160 84 118 128 90
OPM % 15% 17% 15% 14% 10% 7% 8% 7% 4% 6% 4% 3%
3 4 21 14 13 19 7 19 12 35 8 14
Interest 38 41 36 58 27 43 42 42 53 47 37 18
Depreciation 60 66 86 121 104 88 78 45 37 41 53 44
Profit before tax 71 88 85 61 31 -7 -31 92 5 65 46 42
Tax % 28% 28% 15% 24% 32% -92% -40% 27% 90% 31% 27% 22%
51 63 73 46 21 -1 -19 68 1 45 33 33
EPS in Rs 0.38 0.46 0.50 0.32 0.15 -0.00 -0.13 0.47 0.00 0.31 0.23 0.23
Dividend Payout % 14% 12% 11% 8% 11% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 21%
3 Years: 12%
TTM: -19%
Compounded Profit Growth
10 Years: -6%
5 Years: 72%
3 Years: 679%
TTM: -1%
Stock Price CAGR
10 Years: -6%
5 Years: 12%
3 Years: 8%
1 Year: -35%
Return on Equity
10 Years: 6%
5 Years: 6%
3 Years: 6%
Last Year: 5%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 46 46 48 48 48 48 48 144 144 144 144 144
Reserves 213 293 390 426 443 442 423 395 396 441 475 507
471 511 638 640 603 522 552 558 465 330 249 118
130 168 205 231 170 201 160 346 262 267 407 263
Total Liabilities 860 1,018 1,280 1,345 1,264 1,213 1,183 1,443 1,267 1,182 1,274 1,032
437 480 798 737 632 584 503 544 534 508 459 421
CWIP 11 90 6 0 15 0 2 0 5 1 1 1
Investments 7 7 2 1 1 1 0 0 0 0 1 1
405 440 475 607 615 627 678 899 727 673 814 609
Total Assets 860 1,018 1,280 1,345 1,264 1,213 1,183 1,443 1,267 1,182 1,274 1,032

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
133 147 169 66 79 155 35 101 141 230 95
-94 -180 -286 -0 -26 -18 -24 -55 -21 -50 10
-26 32 116 -65 -68 -124 -9 -34 -145 -168 -117
Net Cash Flow 13 -2 -0 1 -15 13 1 12 -25 12 -13
Free Cash Flow 54 -35 -115 21 60 130 11 52 124 194 87
CFO/OP 88% 87% 105% 36% 58% 152% 43% 73% 175% 197% 78%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 49 39 40 63 69 76 93 75 64 68 53 48
Inventory Days 68 93 96 83 77 52 94 52 46 38 21 21
Days Payable 33 49 60 56 39 46 55 56 40 42 37 25
Cash Conversion Cycle 84 82 76 90 107 83 132 71 69 63 36 43
Working Capital Days 10 8 -1 22 36 36 64 33 27 28 24 39
ROCE % 16% 16% 13% 11% 5% 4% 3% 13% 5% 11% 9% 7%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Denim Installed Capacity
MMPA

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Spinning Installed Capacity
TPD
Denim Capacity Utilization
%
Denim Sales Volume
Million Meters
Shirting Installed Capacity
MMPA
Denim Average Realization
Rs/meter
Captive Power Generation
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
64.87% 64.87% 64.87% 64.87% 58.46% 51.01% 51.01% 51.01% 51.01% 51.01% 51.01% 51.01%
0.56% 0.35% 0.35% 0.48% 0.60% 0.57% 0.58% 0.58% 1.40% 0.68% 0.68% 0.68%
0.00% 0.00% 0.00% 0.00% 0.07% 1.48% 1.48% 1.25% 1.25% 1.31% 1.31% 1.31%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
34.56% 34.77% 34.77% 34.65% 40.87% 46.92% 46.91% 47.14% 46.33% 46.98% 46.99% 46.99%
No. of Shareholders 34,67034,49336,88935,58572,14896,0031,35,0941,69,0511,82,2381,88,9341,85,9731,85,111

* 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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