Nandan Denim Limited
NSE: NDL · Other Textile Products · sector
₹2.52NSE close 2026-10-26
Key numbers
Market cap₹363 cr
Price₹2.52
52w high / low₹3 / ₹2
P/E9.7xSector median 13.7x
P/B0.6xSector median 1.1x
Book value₹4.5
Dividend yield–Sector median 0.51%
ROE5.8%Sector median 5.4%
ROCE6.9%Sector median 7.5%
OPM3.4%Sector median 6.6%
Debt / equity0.18xSector median 0.43x
EV/EBITDA5.6xSector median 9.6x
Interest cover3.5x
Current ratio2.25x
Sales growth 3y+12.3%Sector median +0.6%
Profit growth 3y+245.5%Sector median +1.1%
PEG0.04x
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹24 cr vs borrowings ₹117 cr (FY26): borrowings are higher by ₹94 cr.
- Borrowings fell in each of the last 3 years (₹465 cr → ₹117 cr).
- Operating profit covered interest 3.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 41% of net profit in the last 12 months.
- Debtor days went from 68 (FY24) to 48 (FY26).
- No dividend in the last 5 financial years.
- Price ₹2.52 on 2026-10-26: -27.6% from the 52-week high, +40.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹6.80 · low ₹2.08
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 850 | 926 | 1,049 | 1,048 | 785 | 500 | 540 | 622 |
| EBITDA | 33 | 29 | 34 | 32 | 23 | 21 | 13 | 24 |
| OPM % | 3.8% | 3.1% | 3.3% | 3.1% | 3.0% | 4.2% | 2.4% | 3.9% |
| Other income | 2 | 2 | 2 | 2 | 2 | 1 | 9 | 2 |
| Net profit | 9 | 7 | 11 | 11 | 9 | 3 | 10 | 15 |
| EPS (₹) | 0.06 | 0.05 | 0.07 | 0.08 | 0.07 | 0.02 | 0.07 | 0.10 |
| Revenue YoY | -7.7% | -46.1% | -48.5% | -40.6% | ||||
| Profit YoY | +7.6% | -54.9% | -10.5% | +32.1% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,176 | 2,027 | 2,010 | 3,547 | 2,872 | 2,447 |
| EBITDA | 160 | 84 | 118 | 128 | 90 | 82 |
| Net profit | 68 | 1 | 45 | 33 | 33 | 37 |
| EPS (₹) | 0.47 | 0.01 | 0.31 | 0.23 | 0.23 | 0.26 |
| Revenue growth | -6.8% | -0.8% | +76.4% | -19.0% | -36.8% | |
| Profit growth | -98.8% | +5,521.2% | -25.6% | -1.0% | -1.2% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +12.3% | +21.4% | -36.8% |
| Net profit | +245.5% | – | -1.2% |
| EPS | +237.2% | – | – |
| Share price | – | -31.0% (2y) | -25.6% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 540 | 585 | 619 | 651 |
| Borrowings | – | 465 | 330 | 249 | 117 |
| Cash & equivalents | – | 28 | 56 | 26 | 24 |
| Total assets | – | 1,267 | 1,182 | 1,274 | 1,032 |
| Fixed assets | – | 534 | 508 | 459 | 420 |
| Capital work in progress | – | 5 | 1 | 1 | 1 |
| Investments | – | 0 | 0 | 1 | 1 |
| Receivables | – | 353 | 372 | 511 | 377 |
| Inventory | – | 207 | 168 | 177 | 143 |
| Payables | – | 183 | 187 | 319 | 174 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 101 | 141 | 230 | 95 | 144 |
| Cash from investing | -55 | -21 | -50 | 10 | 6 |
| Cash from financing | -35 | -145 | -168 | -117 | -149 |
| Capex | 52 | 18 | 45 | 8 | 5 |
| Free cash flow | 49 | 123 | 186 | 87 | 139 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.1% | 7.7% | 5.4% | 5.1% |
| ROCE % | – | 5.8% | 12.3% | 9.5% | 7.8% |
| Debtor days | – | 64 | 68 | 53 | 48 |
| Inventory days | – | 46 | 38 | 21 | 21 |
| Payable days | – | 40 | 42 | 37 | 25 |
| Cash conversion cycle (days) | – | 70 | 64 | 37 | 44 |
| Working capital days | – | 32 | 38 | 27 | 42 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 51.01% |
| FIIs | 0.63% |
| DIIs | 1.31% |
| Government | 0.01% |
| Public (non-institutions) | 47.04% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% | 51.01% |
| Promoter group | % |
|---|---|
| Chiripal Industries Limited | 24.96% |
| Chiripal Exim LLP | 9.30% |
| Devkinandan Corporation LLP | 6.04% |
| Brijmohan Devkinandan Chiripal | 3.36% |
| Urmiladevi Jyotiprasad Chiripal | 1.31% |
| Jyotiprasad D Chiripal | 1.31% |
| Nandan Terry Private Limited | 1.25% |
| Nishi J Agarwal | 1.00% |
| Jaiprakash D Chiripal | 0.78% |
| Vineeta Chiripal | 0.53% |
| Chiripal Textile Mills Private Limited | 0.51% |
| Vedprakash Chiripal | 0.37% |
| Deepak J Chiripal | 0.27% |
| Jaiprakash Chiripal (On Behalf of JAI Trust) | 0.00% |
| Brijmohan Devkinandan Chiripal (On Behalf of Brij Trust) | 0.00% |
| Public holders above 1% | % |
|---|---|
| Nakshatra Stressed Assets Fund Scheme I | 1.31% |
1,83,297 shareholders. Pledged: 0.00% of promoter shares.
Peers in Other Textile Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| SHRMFGC | ₹77,110 cr | – | – | – | – | – | – | – |
| SIYSIL | ₹43,629 cr | 184.0x | 29.9x | 17.3% | 19.4% | 12.6% | +4.8% | 0.12% |
| KPRMILL | ₹34,532 cr | 37.9x | 6.1x | 17.1% | 19.8% | 19.5% | +2.4% | 0.50% |
| WELSPUNLIV | ₹19,740 cr | 71.8x | 4.0x | 5.7% | 8.0% | 8.7% | +5.1% | 1.06% |
| VTL | ₹14,110 cr | 16.6x | 1.3x | 8.3% | 9.2% | 13.6% | -0.9% | 1.04% |
| TRIDENT | ₹10,513 cr | 26.4x | 2.2x | 8.4% | 10.0% | 12.9% | +1.9% | 2.41% |
| ICIL | ₹7,906 cr | 52.4x | 3.4x | 6.5% | 9.8% | 9.7% | +11.2% | 0.50% |
| GARFIBRES | ₹7,048 cr | 34.0x | 5.2x | 14.6% | 21.4% | 17.7% | +5.4% | 1.33% |
| KUSUMGAR | ₹5,714 cr | – | – | – | – | – | – | – |
| NDL | ₹363 cr | 9.7x | 0.6x | 5.8% | 6.9% | 3.4% | +12.3% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-09-19 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2024-08-30 | Other | Annual General Meeting |
| 2023-08-21 | Other | Annual General Meeting |
| 2022-09-22 | Other | Annual General Meeting |
| 2022-03-24 | Bonus | Bonus 2:1 |
| 2021-09-22 | Other | Annual General Meeting |
| 2020-12-23 | Other | Annual General Meeting |
| 2019-09-05 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2018-09-19 | Dividend | Annual General Meeting/Dividend Re 0.8 Per Share |
| 2017-09-21 | Dividend | Annual General Meeting/Dividend-Rs 1.60 Per Share |
| 2016-09-21 | Other | Annual Book Closure |
| 2016-03-22 | Dividend | Interim Dividend - Re 0.80/- Per Share (Purpose Revised) |
| 2016-02-23 | Dividend | Interim Dividend - Re 0.80/- Per Share |
| 2015-09-21 | Dividend | Annual General Meeting/Dividend Re 1/- Per Share |
| 2015-02-12 | Dividend | Interim Dividend - Re 0.60/- Per Share |
| 2014-09-09 | Dividend | Annual General Meeting / Final Dividend - Rs 1.2/- Per Share |
| 2014-02-17 | Dividend | Interim Dividend - Re 0.60/- Per Share |
| 2013-08-21 | Dividend | Annual Book Closure And Dividend Rs.1.20 Per Share |
| 2012-09-20 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Textile, leather and apparel products
| Sector | Consumer Discretionary |
| Industry | Other Textile Products |
| Sub-industry | Other Textile Products |
| Symbol | NDL |
| BSE code | 532641 |
| ISIN | INE875G01048 |
| Face value | ₹1.0 |
| Incorporated | 1994-08-09 |
| Website | www.nandandenim.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.