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Nahar Spinning

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE290A01027
  • NSEID: NAHARSPING
  • BSEID: 500296
INR
225.40
-1.15 (-0.51%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 17.44 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

224.50233.15

52 Week

184.90383.40
Valuation
Technical
Day's Volume

CASH

17.44 k (-76.09%) Volume

Shareholding (Dec 2024)

FII

0.12%

Held by 11 FIIs

DII

0.73%

Held by 1 DIIs

Promoter

67.07%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.24 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.24 times
2

Flat results in Dec 24

3

Stock is technically in a Mildly Bearish range

4

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 813 Cr (Micro Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.44%

stock-summary
Debt Equity

0.48

stock-summary
Return on Equity

-0.49%

stock-summary
Price to Book

0.55

Revenue and Profits (1 Year):
Net Sales:
812 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.44%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-20.63%
0%
-20.63%
1 Year
-23.19%
0.35%
-22.84%
2 Years
-17.74%
0.36%
-17.38%
3 Years
-59.08%
0.72%
-58.36%
4 Years
116.73%
4.75%
121.48%
5 Years
686.74%
19.02%
705.76%

Latest dividend: 1 per share ex-dividend date: Sep-06-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.62%
EBIT Growth (5y)
33.12%
EBIT to Interest (avg)
3.54
Debt to EBITDA (avg)
7.08
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.33
Tax Ratio
5.87%
Dividend Payout Ratio
-7.07%
Pledged Shares
0
Institutional Holding
0.85%
ROCE (avg)
9.10%
ROE (avg)
10.11%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
18
Price to Book Value
0.55
EV to EBIT
38.74
EV to EBITDA
11.36
EV to Capital Employed
0.70
EV to Sales
0.48
PEG Ratio
NA
Dividend Yield
0.44%
ROCE (Latest)
0.95%
ROE (Latest)
-0.49%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Mildly Bearish
OBV
No Trend
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 4 Schemes (0.58%)

FIIs

Held by 11 FIIs (0.12%)

Promoter with highest holding

Nahar Capital And Financial Services Ltd. (46.12%)

Highest Public shareholder

Anil Kumar Goel (5.12%)

Individual Investors Holdings

26.99%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 7.16% vs 36.70% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 105.00% vs -38.02% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "812.17",
          "val2": "757.87",
          "chgp": "7.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "38.16",
          "val2": "18.37",
          "chgp": "107.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "15.01",
          "val2": "16.29",
          "chgp": "-7.86%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-1.31",
          "val2": "-1.46",
          "chgp": "10.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.76",
          "val2": "-15.21",
          "chgp": "105.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.70%",
          "val2": "2.42%",
          "chgp": "2.28%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 8.13% vs -2.77% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 69.52% vs -131.69% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,596.80",
          "val2": "1,476.72",
          "chgp": "8.13%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "57.06",
          "val2": "23.41",
          "chgp": "143.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "38.90",
          "val2": "28.30",
          "chgp": "37.46%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-2.62",
          "val2": "-2.92",
          "chgp": "10.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-10.82",
          "val2": "-35.50",
          "chgp": "69.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.57%",
          "val2": "1.59%",
          "chgp": "1.98%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 7.80% vs 7.79% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 80.16% vs -150.21% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,408.97",
          "val2": "2,234.59",
          "chgp": "7.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "95.22",
          "val2": "41.78",
          "chgp": "127.91%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "53.91",
          "val2": "44.59",
          "chgp": "20.90%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-3.93",
          "val2": "-4.38",
          "chgp": "10.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-10.06",
          "val2": "-50.71",
          "chgp": "80.16%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.95%",
          "val2": "1.87%",
          "chgp": "2.08%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 9.05% vs -22.18% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -146.11% vs -77.94% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,050.02",
          "val2": "2,796.91",
          "chgp": "9.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "83.56",
          "val2": "212.81",
          "chgp": "-60.73%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "66.15",
          "val2": "29.88",
          "chgp": "121.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-5.87",
          "val2": "-4.34",
          "chgp": "-35.25%",
          "chgp_class": "negative"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "-51.08",
          "val2": "110.79",
          "chgp": "-146.11%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "2.74%",
          "val2": "7.61%",
          "chgp": "-4.87%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
812.17
757.87
7.16%
Operating Profit (PBDIT) excl Other Income
38.16
18.37
107.73%
Interest
15.01
16.29
-7.86%
Exceptional Items
-1.31
-1.46
10.27%
Standalone Net Profit
0.76
-15.21
105.00%
Operating Profit Margin (Excl OI)
4.70%
2.42%
2.28%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 7.16% vs 36.70% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 105.00% vs -38.02% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,596.80
1,476.72
8.13%
Operating Profit (PBDIT) excl Other Income
57.06
23.41
143.74%
Interest
38.90
28.30
37.46%
Exceptional Items
-2.62
-2.92
10.27%
Standalone Net Profit
-10.82
-35.50
69.52%
Operating Profit Margin (Excl OI)
3.57%
1.59%
1.98%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 8.13% vs -2.77% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 69.52% vs -131.69% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,408.97
2,234.59
7.80%
Operating Profit (PBDIT) excl Other Income
95.22
41.78
127.91%
Interest
53.91
44.59
20.90%
Exceptional Items
-3.93
-4.38
10.27%
Standalone Net Profit
-10.06
-50.71
80.16%
Operating Profit Margin (Excl OI)
3.95%
1.87%
2.08%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 7.80% vs 7.79% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 80.16% vs -150.21% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
3,050.02
2,796.91
9.05%
Operating Profit (PBDIT) excl Other Income
83.56
212.81
-60.73%
Interest
66.15
29.88
121.39%
Exceptional Items
-5.87
-4.34
-35.25%
Standalone Net Profit
-51.08
110.79
-146.11%
Operating Profit Margin (Excl OI)
2.74%
7.61%
-4.87%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 9.05% vs -22.18% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -146.11% vs -77.94% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Nahar Spinning Mills Ltd stock-summary
stock-summary
Nahar Spinning Mills Ltd
Micro Cap
Textile
Nahar Spinning Mills Limited incorporated as a Private Limited Company in December, 1980 which became a Public Limited Company in 1983. The Company is engaged in the business of manufacture of cotton yarn/blended and synthetic yarn and hosiery knitwears. The Company's units are located at various places in Ludhiana. It has its own dyeing unit, equipped with modern machinery, at Ludhiana. It set up a new spinning unit to manufacture cotton/synthetic yarn at Simrai, Mandideep, Madhya Pradesh.
Company Coordinates stock-summary
Company Details
373 Industrial Area A, Nahar Tower Ludhiana Punjab : 141003
stock-summary
Tel: 91-0161-2600701 to 2600705
stock-summary
http://www.owmnahar.com
stock-summary
secnsm@owmnahar.com
Registrar Details
Stock List
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