NDL

Nandan Denim Ltd.

NSE: NDL

BSE: 532641

Sector: Textiles

Industry Group: Textiles & Apparels

Industry: Other Textile Products

2.60+0.2 (+6.56%)

23 Oct, 3:30 PM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

43.4 / 100

Value Score

94.8 / 100

Price Momentum Score

40.3 / 100

QVM Score

68.0 / 100

Key Metrics

Market Cap

351.72

P/E (TTM)

9.58

P/B

0.54

P/S (TTM)

0.14

EV/EBITDA

5.07

CAPE (5Y)

9.47

ROE (TTM)

5.22

ROCE (TTM)

5.59

ROA (TTM)

2.87

Avg 3Y ROE

6.25

Earnings 3Y CAGR

245.02

Sales 3Y CAGR

10.74

Sales 5Y CAGR

11.89

Debt/Equity

0.18

Consensus TP

Strong Buy %

Promoter Holding

51.01

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Nandan Denim Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Stock is cheap and PE TTM is at a discount to industry median

PE TTM of 9.58 indicates that the stock is cheap on a standalone basis. Discount to industry median P/E is decent at -35.31%

What is P/E Ratio?

Median: 14.81

Value 9.58

-575.81758.36

Company's earnings are of high quality

Earnings quality score of 94.5 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

94.5 / 100

Negative

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Nandan Denim Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Nandan Denim Ltd. Shareholding Pattern

Quarterly breakdown of Nandan Denim Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Total Promoter	64.73	64.73	64.73	64.73	64.73	64.73	64.73	64.73	64.73	64.73	64.73	64.73	64.87	64.87	64.87	64.87	64.87	58.47	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01
Indian Promoter	59.84	59.84	59.84	59.84	59.84	59.84	59.84	59.84	59.31	59.31	59.31	59.31	59.31	59.31	59.31	59.31	59.31	52.91	50.11	50.11	50.11	50.11	50.11	50.11	50.11	50.11	50.11
Foreign Promoter	4.89	4.89	4.89	4.89	4.89	4.89	4.89	4.89	5.42	5.42	5.42	5.42	5.55	5.55	5.55	5.55	5.55	5.55	0.90	0.90	0.90	0.90	0.90	0.90	0.90	0.90	0.90
Institutions	0.72	0.56	1.24	1.52	1.99	2.25	1.66	2.09	1.08	0.89	0.48	0.53	0.80	0.57	0.36	0.36	0.49	0.68	2.07	2.08	1.84	2.66	2.00	2.00	2.00	1.95	1.95
Mutual Funds / UTI	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	0.19	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	-	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
FII	0.53	0.55	1.24	1.51	1.98	2.24	1.66	2.08	1.07	0.88	0.47	0.52	0.79	0.56	0.35	0.35	0.48	0.60	0.57	0.58	0.58	1.40	0.68	0.68	0.68	0.63	0.63
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.07	1.48	1.48	1.25	1.25	1.31	1.31	1.31	1.31	1.31
Non-Institution	34.55	34.70	34.02	33.75	33.27	33.02	33.60	33.18	34.19	34.38	34.79	34.74	34.33	34.56	34.77	34.77	34.64	40.85	46.92	46.91	47.14	46.33	46.99	46.99	46.99	47.04	47.04
Bodies Corporate	2.59	1.91	1.32	1.36	1.08	1.20	1.47	1.60	-	0.52	0.52	0.44	0.51	0.83	2.01	2.05	2.20	2.04	7.13	6.13	6.34	4.65	3.92	3.77	3.61	3.56	3.55
Others (incl. Retail) No. of shareholders	31.96 29,533	32.79 29,732	32.70 29,393	32.39 28,496	32.19 27,447	31.82 26,794	32.13 25,468	31.58 24,838	34.19 28,855	33.86 31,241	34.27 33,836	34.30 33,920	33.82 33,599	33.73 34,502	32.76 34,323	32.72 36,716	32.44 35,411	38.81 71,924	39.79 95,701	40.78 1,34,783	40.80 1,68,760	41.68 1,81,947	43.07 1,88,653	43.22 1,85,698	43.38 1,84,845	43.48 1,83,502	43.49 1,83,042

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Nandan Denim Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
BRIJMOHAN CHIRIPAL Promoter	September-2024	Market Sale (Disposal) 30th Sep 2024	4.73 %	₹ 6.85	1.97 cr	₹ 13.53 cr
VEDPRAKASH CHIRIPAL Promoter Group	September-2024	Market Sale (Disposal) 30th Sep 2024	0.59 %	₹ 6.63	31.56 lac	₹ 2.09 cr
CHIRIPAL EXIM LLP Promoter Group	September-2024	Market Sale (Disposal) 30th Sep 2024	9.34 %	₹ 6.63	5.92 lac	₹ 39.24 lac
VEDPRAKASH CHIRIPAL Promoter Group	September-2024	Market Sale (Disposal) 27th Sep 2024	0.94 %	₹ 7.04	50.00 lac	₹ 3.52 cr
CHIRIPAL EXIM LLP Promoter Group	September-2024	Market Sale (Disposal) 27th Sep 2024	10.16 %	₹ 7.13	1.19 cr	₹ 8.47 cr
BRIJMOHAN CHIRIPAL Promoter	September-2024	Market Sale (Disposal) 25th Sep 2024	4.75 %	₹ 6.80	2.60 lac	₹ 17.67 lac
VEDPRAKASH CHIRIPAL Promoter Group	September-2024	Market Sale (Disposal) 25th Sep 2024	1.41 %	₹ 6.79	68.44 lac	₹ 4.65 cr
CHIRIPAL EXIM LLP Promoter Group	September-2024	Market Sale (Disposal) 25th Sep 2024	10.34 %	₹ 6.91	25.24 lac	₹ 1.74 cr
VINEETA CHIRIPAL Promoter Group	July-2024	Market Sale (Disposal) 1st Jul 2024	0.67 %	₹ 47.95	1.92 lac	₹ 92.26 lac
DEVKINANDAN CORPORATION LLP Promoter Group	June-2024	Market Sale (Disposal) 29th Jun 2024	6.42 %	₹ 48.00	5.40 lac	₹ 2.59 cr

Corporate Actions

History of Nandan Denim Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Stock Split1 : 10
Ex-date: 19th Sep 2024Announced on: 17th Jun 2024
Nominal value change from INR 10 to INR 01.
Bonus2 new shares for 1 existing shares
Ex-date: 24th Mar 2022Announced on: 10th Feb 2022
Dividend₹ 0.50/share
Record date: 6th Sep 2019Ex-date: 5th Sep 2019
Announced on: 25th May 2019
Dividend₹ 0.80/share
Record date: 22nd Sep 2018Ex-date: 19th Sep 2018
Announced on: 26th May 2018
Dividend₹ 1.60/share
Record date: 22nd Sep 2017Ex-date: 21st Sep 2017
Announced on: 29th May 2017

Company Profile

Overview of Nandan Denim Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

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 cli...

Key personnel

Mr. Deepak J. Chiripal

Chief Executive Officer

Mr. Mahesh Jain

Chief Financial Officer

Ms. Rinku Patel

Compliance Officer, Company Secretary

Mr. Jyotiprasad Devkinandan ChiripalD

Managing Director, Executive Promoter Director

Mr. Shaktidan GadhaviD

Whole Time Director

Mr. Suresh ChatterjeeD

Additional Independent Director

Shri. Ambalal C. PatelD

Independent Director

Mr. Kiritkumar Vaikunthraya JoshiD

Non-Executive Independent Director

View all

Incorporated on

09 Aug 1994

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

1,726

IPO date

19 Jun 2005

Free Float

68,22,73,808

Website

https://www.nandandenim.com/

Phone no.

+917926473301

Address

CHIRIPAL HOUSE, NEAR SHIVRANJANI CROSS ROADS, SATELLITE, , 380015, India

Frequently Asked Questions

What is the current share price of Nandan Denim Ltd.?

The current share price of Nandan Denim Ltd. is ₹ 2.60 as of 23 Oct 2026.

What is the market capitalisation of Nandan Denim Ltd.?

The market capitalisation of Nandan Denim Ltd. stands at ₹ 351.72 Cr.

What is the PE ratio of Nandan Denim Ltd.?

The Price-to-Earnings (PE) ratio of Nandan Denim Ltd. is 9.58 as of the latest trailing twelve months data.

What is the ROE and ROCE of Nandan Denim Ltd.?

Nandan Denim Ltd. has a Return on Equity (ROE) of 5.22% and a Return on Capital Employed (ROCE) of 5.59% as per the latest financial reports.

What is the 52-week high and low of Nandan Denim Ltd.?

The 52-week high of Nandan Denim Ltd. is - and the 52-week low is -.

What is the dividend yield of Nandan Denim Ltd.?

The dividend yield of Nandan Denim Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Nandan Denim Ltd.?

Foreign Institutional Investors (FII) hold 0.63%, Domestic Institutional Investors (DII) hold 0.00% and retail/public investors hold 43.49% of Nandan Denim Ltd. shares.

What sector does Nandan Denim Ltd. belong to?

Nandan Denim Ltd. operates in the Textiles sector.

What is the beta of Nandan Denim Ltd.?

The beta of Nandan Denim Ltd. is 1.31, indicating its price volatility relative to the broader market. Over the past 1 year, Nandan Denim Ltd. has delivered an absolute return of -23.03%.

What is the RSI of Nandan Denim Ltd.?

The 14-day Relative Strength Index (RSI) of Nandan Denim Ltd. is 34.12, placing it approaching oversold territory. An RSI above 70 is considered overbought and below 30 is considered oversold.

Nandan Denim Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Nandan Denim Ltd. Shareholding Pattern

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions