Nandan Denim Ltd
NDL NSE
Nandan Denim Ltd
TextilesNSE: NDL BSE: 532641 Textile Products
Key Fundamentals
MicrocapTextile ProductsTextilesMarket Cap
₹334 Cr
Volatility
Moderate
P/E Ratio
9.67
EBITDA
₹89.92 Cr
Return on Equity
5.41%
Debt to Equity
0.18
Book Value
₹4.52
52W High
₹3.75
52W Low
₹1.8
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Nandan Denim Ltd insights
51 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
3- Company has reduced debt.
- Stock is trading at 0.51 times its book value
- Company has delivered good profit growth of 72.1% CAGR over last 5 years
Weaknesses
3- 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%
Growth Rate
Revenue Growth
-19.20% ↘
Net Income Growth
26.15% ↘
Cash Flow Change
-58.74% ↘
ROE
-29.56% ↘
ROCE
-27.38% ↘
EBITDA Margin (Avg.)
-18.32% ↘
Quarterly Results
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 457 | 554 | 414 | 462 | 579 | 722 | 850 | 926 | 1,049 | 1,048 | 785 | 500 | 540 |
| Expenses | 434 | 534 | 388 | 430 | 540 | 689 | 818 | 897 | 1,014 | 1,015 | 761 | 478 | 527 |
| 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% | 6.73% | 4.47% | 3.83% | 3.13% | 3.28% | 3.09% | 2.99% | 4.21% | 2.41% |
| Other Income | 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 | 6.9 | 6.74 | -3.5 |
| Depreciation | 8.13 | 9.68 | 9.72 | 9.77 | 11.39 | 13.59 | 13.6 | 13.62 | 12.41 | 11.61 | 10.05 | 11.65 | 10.9 |
| PBT | 3.45 | 2.24 | 10.63 | 13.49 | 38.76 | 11.3 | 11.41 | 8.63 | 14.52 | 14.82 | 8.31 | 4.1 | 15.02 |
| Tax % | 19.71% | 24.11% | 22.86% | 40.99% | 30.08% | 33.72% | 23.05% | 23.75% | 26.86% | 24.43% | -13.6% | 27.56% | 36.68% |
| Net Profit | 2.76 | 1.71 | 8.2 | 7.96 | 27.11 | 7.49 | 8.78 | 6.58 | 10.61 | 11.2 | 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 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,097 | 1,157 | 1,220 | 1,589 | 1,456 | 1,524 | 1,090 | 2,176 | 2,027 | 2,010 | 3,547 | 2,872 |
| Expenses | 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% | 4.2% | 6% | 3.6% | 3.1% |
| Other Income | 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 |
| PBT | 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% |
| Net Profit | 51 | 63 | 73 | 46 | 21 | -1 | -19 | 68 | 1 | 45 | 33 | 33 |
| EPS in Rs | 0.38 | 0.46 | 0.5 | 0.32 | 0.15 | 0 | -0.13 | 0.47 | 0 | 0.31 | 0.23 | 0.23 |
| Div. Payout % | 14% | 12% | 11% | 8% | 11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| 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 |
| Borrowings | 471 | 511 | 638 | 640 | 603 | 522 | 552 | 558 | 465 | 330 | 249 | 118 |
| Other Liabilities | 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 |
| Fixed Assets | 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 |
| Other Assets | 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 Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 133 | 147 | 169 | 66 | 79 | 155 | 35 | 101 | 141 | 230 | 95 | 144 |
| Investing | -94 | -180 | -286 | 0 | -26 | -18 | -24 | -55 | -21 | -50 | 10 | 6 |
| Financing | -26 | 32 | 116 | -65 | -68 | -124 | -9 | -34 | -145 | -168 | -117 | -149 |
| Net Cash Flow | 13 | -2 | 0 | 1 | -15 | 13 | 1 | 12 | -25 | 12 | -13 | 1 |
| Free Cash Flow | 54 | -35 | -115 | 21 | 60 | 130 | 11 | 52 | 124 | 194 | 87 | 139 |
| CFO/OP | 88 | 87 | 105 | 36 | 58 | 152 | 43 | 73 | 175 | 197 | 78 | 149 |
Ratios
| 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% |
Documents
1
Non-Applicability Of SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/ 2023/172 Dated October 19, 2023
25 Apr - Company confirms it is not a Large Corporate under SEBI debt circular as of March 31, 2026. 25 Apr - Company confirms it is not a Large Corporate under SEBI debt circular as of March 31, 2026.
2
Non-Applicability Of SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/ 2023/172 Dated October 19, 2023
11h - Company confirms it is not a Large Corporate under SEBI debt circular as of March 31, 2026. 11h - Company confirms it is not a Large Corporate under SEBI debt circular as of March 31, 2026.
3
Board Meeting Outcome for Intimation Under Regulation 30 Of SEBI (LODR) Regulation, 2015
17 Apr - Board approves ₹4.00 crore acquisition of 6.1% SPV stake for captive wind-solar power by 30 June 2026. 17 Apr - Board approves ₹4.00 crore acquisition of 6.1% SPV stake for captive wind-solar power by 30 June 2026.
4
Announcement under Regulation 30 (LODR)-Acquisition
17 Apr - Board approved 6.1% SPV acquisition for captive renewable power; ₹4.00 crore investment, completion by June 30, 2026. 17 Apr - Board approved 6.1% SPV acquisition for captive renewable power; ₹4.00 crore investment, completion by June 30, 2026.
5
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Depositories and participants) Regulation, 2018 for the quarter ended March 31, 2026. 8 Apr - Depositories and participants) Regulation, 2018 for the quarter ended March 31, 2026.
Frequently Asked Questions about Nandan Denim Ltd
What does Nandan Denim Ltd do?
Incorporated in 1994, Nandan Denim Ltd manufactures Denim, Shirting materials, Yarn and various types of fabrics[1]
Where is Nandan Denim Ltd (NDL) listed?
Nandan Denim Ltd is listed on the Indian stock exchanges. It is listed on NSE: NDL and BSE: 532641. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Nandan Denim Ltd belong to?
Nandan Denim Ltd operates in the Textiles sector within the Textile Products industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Nandan Denim Ltd?
Nandan Denim Ltd has a market capitalisation of approximately ₹334.42 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Nandan Denim Ltd?
The Price-to-Earnings (PE) ratio of Nandan Denim Ltd is 9.67. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Nandan Denim Ltd?
Over the past 52 weeks, Nandan Denim Ltd has traded between a low of ₹1.8 and a high of ₹3.75. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Nandan Denim Ltd?
Nandan Denim Ltd has a Return on Equity (ROE) of 5.41%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Nandan Denim Ltd on Tapetide?
On Tapetide, you can view Nandan Denim Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.
Company Information
Incorporated in 1994, Nandan Denim Ltd manufactures Denim, Shirting materials, Yarn and various types of fabrics[1]
Website nandandenim.com
CEO Mr. Jyotiprasad Devkinandan Chiripal
Employees 2,126
Listed 2012-03-23
Face Value ₹ 1
Issued Size 1,44,14,71,680