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Nandan Denim

  • Market Cap: Micro Cap
  • Industry: Textile
  • ISIN: INE875G01048
  • NSEID: NDL
  • BSEID: 532641
INR
3.88
0.19 (5.15%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 18.61 lacs

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

3.753.90

52 Week

2.967.33
Valuation
Technical
Day's Volume

CASH

18.61 lacs (-39.72%) Volume

Shareholding (Dec 2024)

FII

0.59%

Held by 6 FIIs

DII

1.49%

Held by 3 DIIs

Promoter

51.01%

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

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 6.64%

  • Poor long term growth as Net Sales has grown by an annual rate of 13.91% and Operating profit at 11.33% over the last 5 years
  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.49 times
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Despite the size of the company, domestic mutual funds hold only 0% of the company

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

Textile

stock-summary
Market cap

INR 559 Cr (Micro Cap)

stock-summary
P/E

11.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.47

stock-summary
Return on Equity

8.31%

stock-summary
Price to Book

0.88

Revenue and Profits (1 Year):
Net Sales:
926 Cr
(Quarterly Results - Dec 2024)
Net Profit:
7 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-36.18%
0%
-36.18%
1 Year
5.29%
0%
5.29%
2 Years
63.99%
0%
63.99%
3 Years
-39.09%
0%
-39.09%
4 Years
253.08%
0%
253.08%
5 Years
681.23%
0%
681.23%

Latest dividend: 0 per share ex-dividend date: Sep-05-2019

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)
13.91%
EBIT Growth (5y)
11.33%
EBIT to Interest (avg)
1.12
Debt to EBITDA (avg)
5.95
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.78
Tax Ratio
28.74%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
2.08%
ROCE (avg)
4.22%
ROE (avg)
5.59%
Valuation key factors
Factor
Value
P/E Ratio
11
Industry P/E
18
Price to Book Value
0.88
EV to EBIT
10.12
EV to EBITDA
6.14
EV to Capital Employed
0.92
EV to Sales
0.27
PEG Ratio
0.08
Dividend Yield
NA
ROCE (Latest)
9.91%
ROE (Latest)
8.31%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
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 0 Schemes

FIIs

Held by 6 FIIs (0.59%)

Promoter with highest holding

Chiripal Industries Limited (24.96%)

Highest Public shareholder

Nakshatra Stressed Assets Fund Scheme I (1.26%)

Individual Investors Holdings

36.34%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 8.93% vs 17.83% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -25.06% vs 17.22% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "926.15",
          "val2": "850.25",
          "chgp": "8.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "29.02",
          "val2": "32.55",
          "chgp": "-10.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "8.62",
          "val2": "9.46",
          "chgp": "-8.88%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.58",
          "val2": "8.78",
          "chgp": "-25.06%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.13%",
          "val2": "3.83%",
          "chgp": "-0.70%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 62.25% vs -25.90% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 64.18% vs -11.12% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,571.87",
          "val2": "968.79",
          "chgp": "62.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "64.78",
          "val2": "47.01",
          "chgp": "37.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "19.05",
          "val2": "22.14",
          "chgp": "-13.96%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "16.27",
          "val2": "9.91",
          "chgp": "64.18%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "4.12%",
          "val2": "4.85%",
          "chgp": "-0.73%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 74.57% vs -8.83% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 27.87% vs 901.35% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,498.02",
          "val2": "1,430.97",
          "chgp": "74.57%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "93.80",
          "val2": "79.33",
          "chgp": "18.24%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "27.67",
          "val2": "32.60",
          "chgp": "-15.12%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "22.85",
          "val2": "17.87",
          "chgp": "27.87%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "3.75%",
          "val2": "5.54%",
          "chgp": "-1.79%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "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 -0.82% vs -6.84% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 5,521.25% vs -98.82% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,010.09",
          "val2": "2,026.76",
          "chgp": "-0.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.00",
          "val2": "84.36",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "47.23",
          "val2": "53.38",
          "chgp": "-11.52%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "44.97",
          "val2": "0.80",
          "chgp": "5,521.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "4.16%",
          "chgp": "-4.16%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
926.15
850.25
8.93%
Operating Profit (PBDIT) excl Other Income
29.02
32.55
-10.84%
Interest
8.62
9.46
-8.88%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.58
8.78
-25.06%
Operating Profit Margin (Excl OI)
3.13%
3.83%
-0.70%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 8.93% vs 17.83% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is -25.06% vs 17.22% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,571.87
968.79
62.25%
Operating Profit (PBDIT) excl Other Income
64.78
47.01
37.80%
Interest
19.05
22.14
-13.96%
Exceptional Items
0.00
0.00
Standalone Net Profit
16.27
9.91
64.18%
Operating Profit Margin (Excl OI)
4.12%
4.85%
-0.73%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 62.25% vs -25.90% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 64.18% vs -11.12% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,498.02
1,430.97
74.57%
Operating Profit (PBDIT) excl Other Income
93.80
79.33
18.24%
Interest
27.67
32.60
-15.12%
Exceptional Items
0.00
0.00
Standalone Net Profit
22.85
17.87
27.87%
Operating Profit Margin (Excl OI)
3.75%
5.54%
-1.79%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 74.57% vs -8.83% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 27.87% vs 901.35% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,010.09
2,026.76
-0.82%
Operating Profit (PBDIT) excl Other Income
0.00
84.36
-100.00%
Interest
47.23
53.38
-11.52%
Exceptional Items
0.00
0.00
Standalone Net Profit
44.97
0.80
5,521.25%
Operating Profit Margin (Excl OI)
0.00%
4.16%
-4.16%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -0.82% vs -6.84% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 5,521.25% vs -98.82% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Nandan Denim Ltd stock-summary
stock-summary
Nandan Denim Ltd
Micro Cap
Textile
Nandan Denim Limited was incorporated on August 9, 1994 as a private limited company with the name Nandan Exim Pvt Ltd. On January 16, 2004, the company got converted into public limited company and the name was changed to Nandan Exim Ltd. Then again, Company's name was changed from Nandan Exim Limited to `Nandan Denim Limited during the year 2013-14. Vedprakash D Chiripal and Brijmohan Chiripal founded the Company with the intent of manufacturing, trading, and exporting textiles.
Company Coordinates stock-summary
Company Details
198/1 203/2 Saijpur-Gopalpur, Pirana Road Piplej Ahmedabad Gujarat : 382405
stock-summary
Tel: 91-9879200199
stock-summary
http://www.nandandenim.com
stock-summary
cs.ndl@chiripalgroup.com
Registrar Details
Datamatics Financial Services Ltd , (Formerly Datamatics Financial Services Ltd) , Plot No A / 16 & A / 17, MIDC, Part B, Cross Lane, Marol , Andheri (E), Mumbai
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