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

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

VTM

K P R Mill Ltd

Vardhman Textile

Ambika Cotton

R&B Denims

Nahar Spinning

Welspun Living

Trident

Swan Energy

Rajapalayam Mill

Karnika Industri

Why is Nahar Spinning Mills Ltd ?

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

Flat results in Dec 24

NON-OPERATING INCOME(Q) is 133.33 % of Profit Before Tax (PBT)

Stock is technically in a Mildly Bearish range

Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST

Consistent Underperformance against the benchmark over the last 3 years

Along with generating -23.16% returns in the last 1 year, the stock has also underperformed BSE 500 in each of the last 3 annual periods

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Textile )

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Nahar Spinning for you?

High Risk, Low Return

Absolute

Risk Adjusted

Volatility

Nahar Spinning

-23.19%

-0.47

48.86%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

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)

Sales to Capital Employed (avg)

1.33

Tax Ratio

5.87%

Dividend Payout Ratio

-7.07%

Pledged Shares

Institutional Holding

0.85%

ROCE (avg)

9.10%

ROE (avg)

10.11%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

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

Dividend Yield

0.44%

ROCE (Latest)

0.95%

ROE (Latest)

-0.49%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Mildly Bullish

Bearish

RSI

No Signal

Bollinger Bands

Bearish

Mildly Bearish

Moving Averages

Mildly Bearish (Daily)

KST

Bearish

Dow Theory

No Trend

Mildly Bearish

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

5What is working for the Company

PAT(Q)

At Rs 1.53 cr has Grown at 111.1 %

OPERATING PROFIT TO INTEREST(Q)

Highest at 2.54 times

-1What is not working for the Company

NON-OPERATING INCOME(Q)

is 133.33 % of Profit Before Tax (PBT

Loading Valuation Snapshot...

Here's what is working for Nahar Spinning

Profit After Tax (PAT) - Quarterly

At Rs 1.53 cr has Grown at 111.1 %

Year on Year (YoY)

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Operating Profit to Interest - Quarterly

Highest at 2.54 times

in the last five quarters

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Here's what is not working for Nahar Spinning

Non Operating Income - Quarterly

is 133.33 % of Profit Before Tax (PBT)

MOJO Watch

The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT