Nandan Denim
- Market cap
- ₹ 364 Cr.
- P/E
- 9.8x
- P/B
- 0.54x
- 52-week range
- 1.8 – 3.41
- ROE
- 5%
- ROCE
- 7%
- Dividend yield
- 0%
- Debt / equity
- 0.18
- Sector
- Textiles & Apparels
- Industry
- Other Textile Products
- Listed on
- NSE, BSE
About
Nandan Denim Limited is an India-based company, which is engaged in the manufacturing and sale of fabrics including denim, yarn and shirting. The Company has manufacturing facilities located at Piplej and Bareja, Gujarat. The Company designs customized products for its domestic and international clientele. Its core products include knit denim, basic denim, lightweight shirting, classical twill denim and dobby. The Craft Core Collection of Nandan Denim provides sustainable products. The Craft Core Collection includes Cradle Collection, Re-Flow with Basic Nature and New Me. The Cradle Collection manufactures crafted clothing using green fabric or indigo fashion made from recycled material, special fibers, regenerated or recycled fiber and blends. Under Re-Flow with Basic Nature collection, the Company develops hand drape luxe-soft denim fabrics. The New Me collection range includes tailored high-waist styles, slouchy and baggy silhouettes, and subtle wash with high-street fashion look.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Textile Products: 275 companies →Nandan Denim against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.8 against a typical 16.6: cheaper than most peers (1st = cheapest).85th of 268
- Sales growth−40.6% against a typical +6.7% from a year earlier.204th of 234
- Profit growth+36.4% against a typical +12.9% from a year earlier.59th of 166
- Share price, 3 months+7.2% against a typical −4%.48th of 240
- Size₹ 363.8 Cr. market value against a typical ₹ 58.7 Cr. (1st = largest).49th of 256
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB | Stable | 6 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Jan 2026 | Reaffirmed | IVR BBB | — | Infomerics | ₹ 339.74 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 12 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 12 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 13 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 6 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 23 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 414 | 462 | 579 | 722 | 850 | 926 | 1,049 | 1,048 | 785 | 500 | 540 | 622 |
| Expenses | 388 | 430 | 540 | 689 | 818 | 897 | 1,014 | 1,015 | 761 | 478 | 527 | 598 |
| Operating Profit | 27 | 32 | 39 | 32 | 33 | 29 | 34 | 32 | 23 | 21 | 13 | 24 |
| OPM % | 6% | 7% | 7% | 4.5% | 3.8% | 3.1% | 3.3% | 3.1% | 3% | 4.2% | 2.4% | 3.9% |
| Other Income | 4 | 1 | 26 | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 9 | 2 |
| Interest | 10 | 10 | 15 | 10 | 9 | 9 | 9 | 8 | 7 | 7 | −4 | 5 |
| Depreciation | 10 | 10 | 11 | 14 | 14 | 14 | 12 | 12 | 10 | 12 | 11 | 12 |
| Profit before tax | 11 | 13 | 39 | 11 | 11 | 9 | 15 | 15 | 8 | 4 | 15 | 10 |
| Tax % | 23% | 41% | 30% | 34% | 23% | 24% | 27% | 24% | −14% | 28% | 37% | −43% |
| Net Profit | 8 | 8 | 27 | 7 | 9 | 7 | 11 | 11 | 9 | 3 | 10 | 15 |
| EPS in Rs | 0.06 | 0.06 | 0.19 | 0.05 | 0.06 | 0.05 | 0.07 | 0.08 | 0.07 | 0.02 | 0.07 | 0.1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 21%
- 3 Years
- 12%
- TTM
- −37%
- 10 Years
- −6%
- 5 Years
- 72%
- 3 Years
- 679%
- TTM
- −1%
- 10 Years
- −6%
- 5 Years
- −2%
- 3 Years
- 3%
- TTM
- —
- 10 Years
- 6%
- 5 Years
- 6%
- 3 Years
- 6%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Nandan Denim | ₹ 2.53 | ₹ 364 Cr. | 9.8x | 0.5x | 5% | — |
| Page Industries | ₹ 33,830.00 | ₹ 37,734 Cr. | 56.1x | 29.6x | 52.5% | 14.6% |
| Vardhman Textiles | ₹ 495.00 | ₹ 14,319 Cr. | 23.5x | 1.8x | 7.3% | 7.6% |
| Indo Count Industries | ₹ 390.35 | ₹ 7,721 Cr. | 57.5x | 3.3x | 5.4% | 3% |
| Alok Industries | ₹ 8.10 | ₹ 4,022 Cr. | — | — | — | −20% |
| Gokaldas Exports | ₹ 673.70 | ₹ 4,937 Cr. | 63.1x | 2.8x | 4.7% | 2.5% |
Management
- Deepak J. Chiripal
- Chief Executive Officer
- Mahesh Jain
- Chief Financial Officer
- Rinku Patel
- Compliance Officer, Company Secretary
- Jyotiprasad Devkinanda Chiripal
- Managing Director, Executive Promoter Director
- Shaktidan Gadhavi
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.