Nandan Denim Limited

BSE: NDL532641ISIN INE875G01048

Consumer Discretionary
Other Textile Products
BSE Consumer Discretionary

Share price

₹2.49-0.30 (-10.75%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

Splits and bonuses

19 Sep 2024 · Split 10:1 (₹10 → ₹1)

52W high: ₹3.57
52W low: ₹1.80
Off 52W high: -30.25%
1M return: -3.86%
3M return: +4.62%
6M return: -9.78%
1Y return: -24.09%
20D avg volume: 1,21,967
50 DMA: ₹2.71
200 DMA: ₹2.62

Key ratios Standalone

Market cap: ₹358.93 Cr
Current price: ₹2.49
52W high / low: ₹3.57 / ₹1.80
Face value: ₹1.00
P/E: 9.22
P/B: 0.60
EPS (TTM): ₹0.27
Book value / share: ₹4.15
ROE: 6.44%
ROCE: 7.80%
Operating margin: 4.33%
Net margin: 1.89%
Debt / equity: 0.18
Net debt: ₹113.80 Cr
Interest cover: 3.39
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 44.0 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	607.98	622.39	539.98	499.53	784.69	1,048	1,049	926.15	850.25	721.62	579.12	462.18
	1.99	2.43	9.39	1.45	1.83	1.54	1.62	1.85	1.92	2.24	25.79	1.39
	609.98	624.82	549.37	500.97	786.52	1,049	1,050	928.00	852.17	723.86	604.91	463.57
	600.42	614.50	534.34	496.88	778.20	1,034	1,036	919.37	840.76	712.55	566.15	450.09
	490.96	519.44	452.10	411.21	686.58	936.16	933.61	828.70	726.01	629.92	469.76	355.24
	0.00	0.01	0.57	0.01	3.96	2.98	10.67	4.32	—	6.98	2.65	1.84
	24.73	23.19	20.70	21.44	23.72	22.10	23.34	21.63	22.15	20.69	18.96	18.08
	5.08	4.86	-3.50	6.74	6.90	7.52	9.07	8.62	9.46	9.59	14.63	10.46
	11.68	11.63	10.90	11.65	10.05	11.61	12.41	13.62	13.60	13.59	11.39	9.77
	58.62	55.67	42.94	40.58	46.20	48.36	48.80	46.21	49.48	54.37	48.27	44.28
	9.56	10.32	15.02	4.10	8.32	14.82	14.54	8.63	11.41	11.31	38.76	13.48
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	9.56	10.32	15.02	4.10	8.32	14.82	14.54	8.63	11.41	11.31	38.76	13.48
	-1.91	-4.48	5.51	1.13	-1.13	3.62	3.90	2.05	2.63	3.81	11.66	5.53
	11.47	14.80	9.51	2.97	9.45	11.20	10.63	6.58	8.78	7.49	27.11	7.96
	0.08	0.10	0.07	0.02	0.07	0.08	0.07	0.05	0.06	0.52	1.88	0.55
Key metrics
	26.32	26.81	22.42	22.49	25.27	33.95	36.02	30.87	34.47	34.49	64.78	33.71
	4.30%	4.30%	4.20%	4.50%	3.20%	3.20%	3.40%	3.30%	4.10%	4.80%	11.20%	7.30%
	1.90%	2.40%	1.80%	0.60%	1.20%	1.10%	1.00%	0.70%	1.00%	1.00%	4.70%	1.70%
	1.80%	—	1.50%	—	2.00%	—	3.20%	—	—	—	—	—
	-22.50%	-40.60%	-48.50%	-46.10%	-7.70%	45.20%	81.10%	100.40%	—	—	—	—
	21.40%	32.10%	-10.50%	-54.90%	7.60%	49.50%	-60.80%	-17.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	2,270	2,872	3,547	2,010	2,027	2,176
	15.26	14.20	7.63	34.59	11.62	18.61
	2,285	2,886	3,554	2,045	2,038	2,194
	2,246	2,844	3,508	1,980	2,033	2,102
	1,874	2,486	3,118	1,594	1,601	1,686
	0.59	7.51	21.97	7.86	57.86	32.13
	90.06	87.95	87.81	74.23	74.11	80.57
	13.18	17.66	36.74	47.23	53.38	42.06
	45.86	44.21	53.21	40.55	37.19	44.49
	197.81	178.08	198.85	187.37	210.56	236.80
	39.00	42.26	45.88	65.12	5.42	92.27
	0.00	0.00	0.00	—	—	—
	39.00	42.26	45.88	65.12	5.42	92.27
	0.25	9.13	12.40	20.15	4.61	24.45
	38.75	33.13	33.48	44.97	0.80	67.82
	0.27	0.23	0.23	3.12	0.06	4.70
Key metrics
	98.04	104.13	135.83	152.90	95.99	178.82
	4.32%	3.60%	3.80%	7.60%	4.70%	8.20%
	1.71%	1.20%	0.90%	2.20%	0.00%	3.10%
	—	7.80%	11.20%	—	—	—
	-40.38%	-19.00%	76.40%	-0.80%	-6.80%	—
	2.35%	-1.00%	-25.60%	5,521.20%	-98.80%	—
	—	139.14	86.69	—	—	—
	—	4.36	2.84	—	—	—
	—	0.18	0.40	—	—	—
	—	113.80	246.11	—	—	—
	—	44.0	37.9	—	—	—
Balance sheet
	—	1,032	1,274	—	—	—
	—	602.54	798.13	—	—	—
	—	3.54	2.51	—	—	—
	—	376.65	510.53	—	—	—
	—	142.85	176.81	—	—	—
	—	25.49	21.28	—	—	—
	—	420.46	458.84	—	—	—
	—	174.24	318.79	—	—	—
	—	268.18	535.98	—	—	—
	—	117.34	248.62	—	—	—
	—	67.44	185.30	—	—	—
	—	49.90	63.32	—	—	—
	—	651.18	618.82	—	—	—
Cash flow
	—	144.45	95.07	—	—	—
	—	5.78	9.56	—	—	—
	—	-149.20	-117.43	—	—	—
	—	5.31	8.38	—	—	—

Compounded growth

Sales CAGR 3Y: +12.32%
Sales CAGR 5Y: —
Profit CAGR 3Y: +245.97%
Profit CAGR 5Y: —
Sales YoY (TTM): -40.38%
Profit YoY (TTM): +2.35%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 50.99%

Quarter	September 2026	June 2026
Promoter %	50.99%	50.99%

Holder	Type	Holding	Previous	Change
CHIRIPAL INDUSTRIES LIMITED	Promoter Group	24.96%	24.96%	0.00%
CHIRIPAL EXIM LLP	Promoter Group	9.30%	9.30%	0.00%
DEVKINANDAN CORPORATION LLP	Promoter Group	6.04%	6.04%	0.00%
BRIJMOHAN DEVKINANDAN CHIRIPAL	Promoter	3.36%	3.36%	0.00%
JYOTIPRASAD D CHIRIPAL	Promoter Group	1.31%	1.31%	0.00%
NAKSHATRA STRESSED ASSETS FUND SCHEME I	Public	1.31%	1.31%	0.00%
URMILADEVI JYOTIPRASAD CHIRIPAL	Promoter Group	1.31%	1.31%	0.00%
NANDAN TERRY PRIVATE LIMITED	Promoter Group	1.25%	1.25%	0.00%
NISHI J AGARWAL	Promoter Group	1.00%	1.00%	0.00%
JAIPRAKASH D CHIRIPAL	Promoter Group	0.78%	0.78%	0.00%
VINEETA CHIRIPAL	Promoter Group	0.53%	0.53%	0.00%
CHIRIPAL TEXTILE MILLS PRIVATE LIMITED	Promoter Group	0.51%	0.51%	0.00%
VEDPRAKASH CHIRIPAL	Promoter Group	0.37%	0.37%	0.00%
DEEPAK J CHIRIPAL	Promoter Group	0.27%	0.27%	0.00%
JYOTIPRASAD DEVKINANDAN CHIRIPAL (ON BEHALF OF JYOTI TRUST)	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
K.P.R. Mill Ltd.	40,131	1,174.05	38.61	20.20%	+6.43% TTM	+24.09% TTM	+11.22%
WELSPUN LIVING LIMITED	24,989	264.50	56.66	6.20%	+5.02% TTM	+22.56% TTM	+104.96%
Vardhman Textiles Limted	15,353	530.20	17.85	8.20%	+3.29% TTM	+0.64% TTM	+21.08%
Trident Ltd	12,184	23.91	25.39	10.50%	-4.44% TTM	+7.98% TTM	-16.52%
Indo Count Industries Ltd	10,394	524.80	68.89	9.80%	+19.19% TTM	+49.07% TTM	+86.46%
GARWARE TECHNICAL FIBRES LIMITED	7,352	752.95	31.05	19.60%	+17.37% TTM	+16.09% TTM	-1.09%
Kusumgar Limited	6,123	583.20	—	—	—	—	—
Sanathan Textiles Limited	4,584	543.10	45.01	6.40%	+77.27% TTM	-26.39% TTM	+13.48%
Alok Industries Ltd.	4,121	8.30	-5.45	-3.10%	+6.01% TTM	-11.07% TTM	-52.68%
Filatex India Ltd.	4,071	91.68	21.30	16.70%	+0.22% TTM	+34.38% TTM	+42.07%
Jindal Worldwide Ltd.	3,923	39.13	46.28	13.80%	-1.72% TTM	+12.65% TTM	+8.33%
Nitin Spinners Ltd. S	3,797	675.30	14.29	14.30%	+8.88% TTM	+59.17% TTM	+111.03%
Raymond Lifestyle Limited	3,116	511.50	87.19	2.80%	+10.82% TTM	-52.08% TTM	-56.32%
Sangam (India) Ltd	3,063	609.55	20.18	12.10%	+16.32% TTM	+307.66% TTM	+36.64%
Ganesha Ecosphere Limited	2,466	920.45	28.99	5.60%	+19.07% TTM	+33.52% TTM	-23.41%
Sportking India Ltd. S	2,422	190.60	10.54	14.20%	+12.88% TTM	+98.30% TTM	+90.98%
Siyaram Silk Mills Ltd.	2,171	478.50	9.65	21.40%	+13.93% TTM	+7.80% TTM	-42.13%
Pashupati Cotspin Limited	2,113	133.90	134.27	12.10%	—	—	+64.30%
AAYUSH ART AND BULLION LIMITED S	2,047	1,336.85	182.38	17.60%	—	—	+32.65%
Indo Rama Synthetics (India) Ltd.	2,041	78.15	9.68	27.50%	-4.69% TTM	+48.44% TTM	+10.63%
Bombay Dyeing & Mfg. Co. Ltd.	1,972	95.49	97.68	1.90%	-2.55% TTM	-95.87% TTM	-40.91%
AYM Syntex Limited	1,640	278.95	48.03	6.30%	+5.51% TTM	+2,222.45% TTM	+64.38%
Ruby Mills Ltd. S	1,624	485.65	37.47	6.10%	+43.42% TTM	-4.87% TTM	+113.66%
Faze Three Ltd.	1,329	540.20	26.00	12.20%	+23.57% TTM	+50.87% TTM	+13.29%
United Polyfab Gujarat Limited	1,186	51.66	—	22.00%	—	—	—
Nandan Denim Limited S	359	2.49	9.22	7.80%	-40.38% TTM	+2.35% TTM	-24.09%

Filings & corporate actions

Recent announcements

Submission of Newspaper publication of Unaudited Financial Results for the Quarter and Half Year ended on September 30, 20263 Nov 2026 · Company Update / Newspaper Publication
Unaudited Financial Results for the quarter and half year ended on 30th September 2026.2 Nov 2026 · Result / Financial Results
Approved Unaudited Financial Results for the Quarter and Half Year ended on September 30, 2026.2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Nandan Denim Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve Unaudited Financial Results of ....21 Oct 2026 · Board Meeting / Board Meeting
Submission of Compliance Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2015 for the quarter ended 30.09.2026.8 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for closure of trading window as per the SEBI (Prohibition of Insider Trading) Regulation, 2015.28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
The Shareholders have approved re-appointment of Mr. Jyotiprasad Chiripal, Managing Director of the Company26 Sep 2026 · Company Update / General
Submission of Scrutinizer''s Report and Voting results of 32nd Annual General Meeting of the Company held on 24th September, 2026.26 Sep 2026 · AGM/EGM / AGM
Proceeding of 32nd Annual General Meeting of the Company held on September 24, 2026.24 Sep 2026 · AGM/EGM / AGM
Newspaper publication regarding dispatch of Notice of 32nd Annual General Meeting and E-voting Information2 Sep 2026 · Company Update / Newspaper Publication
Intimation regarding letter dispatched to the shareholders of the company informing weblink of Annual Report for FY 2025-26 whose E-mail address not registered with the company.1 Sep 2026 · Company Update / General
Submission of Business Responsibility and Sustainability Reporting for Financial Year 2025-26.1 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 32nd Annual General Meeting of the Company.1 Sep 2026 · AGM/EGM / AGM
Annual Report for the Financial Year 2025-261 Sep 2026 · Others / Reg. 34 (1) Annual Report
32nd AGM to be held through video conferencing / Other Audio Visual Means.1 Sep 2026 · Company Update / Newspaper Publication
Submission of Newspaper Publication of Unaudited Financial Results for the Quarter ended on June 30, 2026.13 Aug 2026 · Company Update / Newspaper Publication
Re-appointment of Mr. Jyotiprasad Devkinandan Chiripal as a Managing Director of the Company.12 Aug 2026 · Company Update / Change in Management
Unaudited Financial Results for the Quarter Ended on June 30, 2026.12 Aug 2026 · Result / Financial Results
Unaudited Financial Results for The Quarter ended on June 30, 2026.12 Aug 2026 · Board Meeting / Outcome of Board Meeting
Nandan Denim Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve Unaudited Financial Results of ....4 Aug 2026 · Board Meeting / Board Meeting
Intimation under regulation 74(5) of SEBI (Depositories and participants) Regulation, 2018 for the quarter ended June 30,2026.15 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015 - updates on Acquisition14 Jul 2026 · Company Update / General
The Attached disclosure are required as per Regulation 30 of the SEBI (LODR) Regulations, 2015. In earlier disclosure made today was wrongly selected in Category section Regulation 30A of LODR1 Jul 2026 · Company Update / General
Intimation Under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.1 Jul 2026 · Others
Intimation for closure of trading window as per the SEBI (Prohibition of Insider Trading) Regulation, 2015.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Annual Secretarial Compliance for the Financial Year 2025-2630 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Submission of Newspaper publication of Audited Financial Results for the Quarter and Year ended on March 31, 2026.29 May 2026 · Company Update / Newspaper Publication
Audited Financial Results for the Quarter and Year Ended on March 31, 2026.28 May 2026 · Result / Financial Results
Re-appointment of Internal Auditor and Cost Auditor.28 May 2026 · Company Update / Change in Management
Audited Financial Results for the Quarter and year ended on March 31, 2026 and other matters noted and approved.28 May 2026 · Board Meeting / Outcome of Board Meeting
Nandan Denim Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve Audited Financial Results of the ....20 May 2026 · Board Meeting / Board Meeting
Non-applicability of SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023 issued with respect to Fund Raising by Issuance of Debt Securities by Large Corporates.25 Apr 2026 · Company Update / General
Intimation under Regulation 30 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 201517 Apr 2026 · Company Update / Acquisition
Intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015. - Acquisition17 Apr 2026 · Others / Outcome without intimation
Intimation under regulation 74(5) of SEBI (Depositories and participants) Regulation, 2018 for the quarter ended March 31, 2026.8 Apr 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for closure of Trading Window as per the SEBI (Prohibition of Insider Trading) Regulation, 2015.25 Mar 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.19 Feb 2026 · Company Update / General
Submission of Newspaper Publication of Unaudited Financial Results for the Quarter and Nine Months ended on December 31, 2025.13 Feb 2026 · Company Update / Newspaper Publication
Unaudited Financial Results for Quarter and Nine Months ended on 31st December, 2025.12 Feb 2026 · Result / Financial Results
Unaudited Financial Result for The Quarter and Nine Months ended on 31st December, 2025.12 Feb 2026 · Board Meeting / Outcome of Board Meeting

Corporate actions

Purpose	Ex date	Record date	Payment date
Stock Split From Rs.10/- to Rs.1/-	19 Sep 2024	19 Sep 2024	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results