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Nandan Denim
Small Cap•2,078 Employees•IPO 2005
Current Price
₹2.55
-0.12 (-4.49%)Updated
Valuation vs Sector
P/E Ratio
10.71vs 36.89
P/B Ratio
0.58vs 9.16
Div Yield
0.00%vs 1.61%
Today's Range
₹2.51
₹2.61
₹2.55
52 Week Range
52W Low₹2.65
52W High₹4.42
₹2.55
Downside-3.77%
Upside73.33%
Price Chart
Compare with Peers
Historical Ratios
Track top 12 most important financial ratios
P/E Ratio: Price to Earnings - Most used valuation metric
Loading chart...
Analyzing Investment Quality
Processing 9 key metrics...
Key Metrics
Hover for details
Valuation
Market Cap
₹416.59 Cr
Market Cap
Total market value of companyP/E Ratio
10.97
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)P/B Ratio
0.75
P/B Ratio
Price to Book Value. <3 may indicate undervaluationEPS
₹0.27
EPS
Earnings Per Share. Higher and growing is positiveProfitability
ROE
3.19%
ROE
Return on Equity. >15% is good, >20% is excellentROCE
9.27%
ROCE
Return on Capital Employed. >15% is goodNet Margin
0.99%
Net Margin
Net profit as % of revenue. >10% is goodOperating Margin
-%
Operating Margin
Operating profit margin. >15% is goodGrowth
EPS Growth (5Y)
-%
EPS Growth (5Y)
5-year EPS growth. >15% is strongRevenue Growth (5Y)
18.40%
Revenue Growth (5Y)
5-year revenue growth. >10% is goodQtr Sales Growth
45.20%
Qtr Sales Growth
Quarter-over-quarter sales growthQtr Profit Growth
49.50%
Qtr Profit Growth
Quarter-over-quarter profit growthFinancial Health
Debt/Equity
0.40
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellentBook Value
₹4.29
Book Value
Net asset value per shareDividend Yield
-%
Dividend Yield
Annual dividend as % of price. >2% is goodPromoter Holding
51.00%
Promoter Holding
Promoter stake. >50% shows confidenceGood
Average
Needs Attention
SWOT Analysis
Strengths
4 points- •Nandan Denim Ltd. demonstrated robust quarterly performance with sales growing by 45.20% and net profit by 49.50%, indicating strong operational momentum and potential for future expansion.
- •The company's stock trades at a P/E ratio of 13.00, which is below the sector P/E of 15.89, and at a Price-to-Book Value of 0.76, suggesting it may be undervalued compared to its intrinsic worth.
Weaknesses
4 points- •Promoter shareholding has significantly decreased from 64.73% in June 2022 to 51.01% in September 2024, which could signal a reduction in insider confidence or a strategic shift in ownership.
- •The company's Return on Equity (ROE) is 5.56% and Return on Capital Employed (ROCE) is 9.27%, which are relatively low compared to many industry peers, indicating suboptimal capital utilization.
Opportunities
4 points- •The broader Textiles sector, where Nandan Denim operates, may offer growth opportunities driven by increasing consumer demand, evolving fashion trends, and favorable government initiatives.
- •Given its strong quarterly sales growth of 45.20%, Nandan Denim has the potential to capture a larger market share within the "Other Textile Products" industry through strategic expansion and marketing.
Threats
4 points- •The "Other Textile Products" industry is highly competitive, with larger and more established players potentially impacting Nandan Denim's pricing power, market position, and profitability.
- •As a textile company, Nandan Denim is susceptible to fluctuations in raw material costs, such as cotton or synthetic fibers, which could compress profit margins if not effectively managed.
Segment-wise Financial Analysis
Financial Results
Balance Sheet
Standalone • Annual • All amounts in ₹ Crores • CA Schedule III Format
No Balance Sheet Data Available
Standalone annual data is not available for this symbol.
Try switching to Consolidated view.
Shareholding Pattern
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Company Insider Trading Activity
No insider trading data available
Corporate Action
Company Announcements
Technical Analysis & Indicators
Standard pivot points - most widely used
Pivot Points (CLASSIC)
| Level | Price | Distance | % Change |
|---|---|---|---|
| R4 | ₹2.80 | +₹0.25 | +9.93% |
| R3 | ₹2.70 | +₹0.15 | +6.01% |
| R2 | ₹2.66 | +₹0.11 | +4.18% |
| R1 | ₹2.60 | +₹0.05 | +2.09% |
| PIVOT | ₹2.56 | 0.01 | 0.26% |
| CURRENT | ₹2.55 | - | - |
| S1 | ₹2.30 | -₹0.25 | -9.67% |
| S2 | ₹2.40 | -₹0.15 | -5.75% |
| S3 | ₹2.46 | -₹0.09 | -3.66% |
| S4 | ₹2.50 | -₹0.05 | -1.83% |
CPR Levels
Support
Resistance
S4
N/A
S3
N/A
S2
N/A
S1
N/A
| CPR |
BC: N/AP: N/ATC: N/A
R1
N/A
R2
N/A
R3
N/A
R4
N/A
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment
is trading CPR, indicating
● CPR Width
CPR is
● Opening Range
Day's range: ~
● Price Position
Trading Inside opening range
Delivery Volume Analysis & Trading Activity
Latest Volume+40.2% vs avg
3.03M
(02 Mar 2026)Delivery %+7.2% vs avg
65.1%
(02 Mar 2026)Avg Volume (20D)20-day average
2.16M
(03 Feb - 02 Mar)Avg Delivery %Trend ↑
57.9%
(03 Feb - 02 Mar)Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.
Peer Comparison & Industry Benchmarking
Quick Compare
Largest by Market Cap
Vardhman Textiles Ltd
14,690.71 ₹ Cr
Best Profit Growth
Varvee Global Ltd
1870.00 %
Highest Dividend Yield
Trident Ltd
1.89 %
Peer Comparison
| Company Name |
|---|
 Ashima Ltd |
 Axita Cotton Ltd |
 Banswara Syntex Ltd |
 Donear Industries Ltd |
 Ginni Filaments Ltd |
 Manomay Tex India Ltd |
 Nahar Industrial Enterprises Ltd |
 Orbit Exports Ltd |
 Pasupati Acrylon Ltd |
 Precot Ltd |
 Soma Textiles & Industries Ltd |
 Sutlej Textiles and Industries Ltd |
 Trident Ltd |
 Vardhman Polytex Ltd |
 Varvee Global Ltd |
 Vardhman Textiles Ltd |
About
Nandan Denim Ltd
Nandan Denim Limited (NDL) is an Indian textile company primarily focused on the manufacturing and sale of a diverse range of denim and cotton fabrics. Their product portfolio is extensive and caters to various market segments and fashion trends. This includes a wide array of denim fabrics encompassing core classic styles, updated classic designs, novelty options, structured fabrics, knits, lightweight materials, blended fabrics, specialized "feather touch" and "stretch tech" denims, and printed denim varieties. The company's commitment to offering a broad selection allows them to meet the varying demands of their diverse clientele.
Beyond denim, NDL also produces a significant selection of shirting fabrics. These include a variety of weaves and constructions such as plain, twill, dobby, chambray, fil a fil, herringbone, basket weave, and pin-point oxford fabrics. The inclusion of shirting fabrics broadens NDL's market reach and allows them to engage with different sectors of the textile industry. In addition to these core offerings, NDL also manufactures grey cotton fabrics and khakis, further demonstrating their commitment to a wide spectrum of textile production.
NDL's distribution network extends to a broad range of customers across the textile value chain. Their products are sold to fabric re-sellers, garment converters, distributors, wholesalers, dealers, brand owners, and exporters, both domestically in India and internationally. This diverse customer base indicates the company's successful penetration into various market segments and its ability to provide tailored solutions to various client needs. The company's export operations also highlight its competitiveness in the global textile market.
Established in 1994 and headquartered in Ahmedabad, India, NDL has a significant history in the Indian textile industry. Initially operating under the name Nandan Exim Limited, the company rebranded as Nandan Denim Limited in 2013, reflecting a shift in focus towards denim production while still maintaining its broader textile manufacturing capabilities. The company's longevity and adaptability suggest a strong foundation and a strategic approach to navigating the ever-evolving textile industry landscape.
COMPANY FACTS - NDL
Registered Address
'Chiripal House',, Shivranjani Cross Roads,, Satellite,
Ahmedabad
GUJARAT
IN
Tel: 917926473301
Website:https://www.nandandenim.com/
Investor Relations:http://www.nandandenim.com/annual-reports/#
Company Details
Group: Consumer Durables & Apparel
Sector: Consumer Discretionary
Industry: Textiles, Apparel & Luxury Goods
Exchange: NATIONAL STOCK EXCHANGE OF INDIA
Employees: 2,078
IPO Date: 19/06/2005
MANAGEMENT - NDL
Mr. Shaktidan Gadhavi
Whole Time Director
Mr. Deepak Chiripal
Chief Executive Officer
Mr. Mahesh Jain
Chief Financial Officer
Ms. Rinku Patel
Compliance Officer, Company Secretary
Mr. Jyotiprasad Chiripal
Managing Director, Executive Promoter Director
Mr. Kiritkumar Joshi
Non-Executive Independent Director
Ms. Nalini Nageswaran
Additional Non-Executive Independent Director
Mr. Rahul Narendra
Non-Executive Independent Director
Mr. Giraj Sharma
Non-Executive Independent Director
Investor Questions Answered
Nandan Denim Ltd (NDL) Stock FAQs
Get answers to the most common questions about Nandan Denim Ltd stock price, fundamentals, financial metrics, and investment analysis
The current share price of Nandan Denim Ltd (NDL) is ₹2.55. Today, the stock has declined by ₹0.12 (4.49%), trading in a range of ₹2.51 to ₹2.61. The stock opened at ₹2.58 with a trading volume of 30,32,703 shares.
Nandan Denim Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹416.59 crores, P/E ratio of 10.97, ROE of 3.19%, and ROCE of 9.27%. The dividend yield stands at 0.00%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
The 52-week high price of Nandan Denim Ltd (NDL) is ₹4.42, while the 52-week low is ₹2.65. Currently trading at ₹2.55, the stock is -5.6% away from its 52-week low and 42.3% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Nandan Denim Ltd stock at ₹2.55 depends on multiple factors. The stock is currently trading with a P/E ratio of 10.97 and P/B ratio of N/A. Today's performance shows a loss of 4.49%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
Nandan Denim Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹2.55, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
Nandan Denim Ltd's key financial metrics include: P/E Ratio: 10.97, P/B Ratio: N/A, ROE: 3.19%, ROCE: 9.27%, Dividend Yield: 0.00%, EPS: ₹0.27, Book Value: ₹4.29, Debt-to-Equity: 0.40, and Current Ratio: N/A. The company's market cap stands at ₹416.59 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Nandan Denim Ltd stock opened at ₹2.58 and is currently trading at ₹2.55, showing a decline of ₹0.12 (4.49%). The intraday high is ₹2.61 and low is ₹2.51. The trading volume stands at 30,32,703 shares, indicating strong market participation today.
Nandan Denim Ltd has a Price-to-Earnings (P/E) ratio of 10.97, which means investors are willing to pay ₹10.97 for every ₹1 of earnings. With an EPS of ₹0.27, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
Nandan Denim Ltd has a market capitalization of ₹416.59 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹2.55) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Nandan Denim Ltd has a book value of ₹4.29 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹2.55, which is 40.6% below the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Nandan Denim Ltd has a Return on Equity (ROE) of 3.19% and Return on Capital Employed (ROCE) of 9.27%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Nandan Denim Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Nandan Denim Ltd has a debt-to-equity ratio of 0.40, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Nandan Denim Ltd has an Earnings Per Share (EPS) of ₹0.27, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹2.55 and P/E ratio of 10.97, investors are paying 10.97 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Nandan Denim Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Nandan Denim Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Nandan Denim Ltd stock, consider: 1) Fundamental Analysis - Review P/E (10.97), ROE (3.19%), debt-to-equity (0.40), and growth rates. 2) Technical Analysis - Check 52-week range (₹2.65 - ₹4.42), moving averages, and chart patterns. 3) Valuation - Compare current price (₹2.55) with book value (₹4.29) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Nandan Denim Ltd share is ₹1.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹2.55 is 155x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Nandan Denim Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹2.65 - ₹4.42). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.40 indicates leverage. 4) Liquidity Risk - Based on trading volume of 30,32,703 shares. 5) Valuation Risk - P/E of 10.97 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Nandan Denim Ltd operates in the industry with key metrics: P/E ratio of 10.97, ROE of 3.19%, market cap of ₹416.59 crores, and dividend yield of 0.00%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.40), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Nandan Denim Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹2.55, with a 52-week range of ₹2.65 to ₹4.42. Based on fundamentals like P/E (10.97), ROE (3.19%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Nandan Denim Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹2.55. 2) Fundamental Deterioration - Declining ROE (currently 3.19%), increasing debt (D/E: 0.40), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Nandan Denim Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.00%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.
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