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Nandan Denim Limited (NDL.NS)

INR2.38 +0.02 (+0.85%)
IN NSE Consumer Cyclical Apparel - Manufacturers
Address Chiripal House 380015
Ahmedabad, IN
CEO Deepak J. Chiripal
IPO 2005-12-29
ISIN INE875G01048

Explore sections of this company profile

Also trades on Bombay Stock Exchange · NDL.BO (INR) National Stock Exchange of India · NDL.NS (INR)
Description

Headquartered in Ahmedabad, India, Nandan Denim Limited, founded in 1994, is a textile producer focused on the creation and distribution of denim, along with various denim, shirting, and cotton fabrics, as well as yarns. Beyond its domestic operations in India, the company maintains a robust global presence, exporting its textile products to approximately 28 countries. The organization adopted its current name, Nandan Denim Limited, in November 2013, having previously operated as Nandan Exim Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR2.38 +0.02 (+0.85%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.71
Float Shares
682.61M
Free Float %
47.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.76% -1.13% -6.09% -1.87% -15.76% -11.19% -36.41% +24.76% +73.51% -46.75% +48.02%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
2.38
DCF (Unlevered) 2.43 +2.0%
DCF (Levered) 24.62 +934.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2024-11 Change
Strong Buy 1 0
Buy 2 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.93
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
5 / 5
High
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Manufacturers: +3.9%
    -19.0% Q1'26: -48.5% (vs Q1'25)
  • EPS growth Apparel - Manufacturers: +10.5%
    +0.0% Q1'26: -0.4% (vs Q1'25)
  • FCF margin FCF growth · Apparel - Manufacturers: +37.5%
    +3.8% Q1'26: +7.5% (vs Q1'25)
  • EBIT margin Apparel - Manufacturers: +8.0%
    +1.6% Q1'26: +0.4% (vs Q1'25)
  • ROIC Apparel - Manufacturers: +6.0%
    +4.8% Q1'26: +0.7% (vs Q1'25)
  • Share dilution Apparel - Manufacturers: +0.0%
    -1.1% Q1'26: -10.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Manufacturers: 0.02×
    1.31× Q1'26: 2.25× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.83) × ERP
WACC = 76% × Ke + 24% × Kd (15.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 2.43 Current price: 2.38
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2025
actual
Mar 2026
1 Rev. Ana.
1 EPS Ana.
Mar 2027
1 Rev. Ana.
1 EPS Ana.
Mar 2028
1 Rev. Ana.
1 EPS Ana.
Mar 2029
1 Rev. Ana.
1 EPS Ana.
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Revenue
10.97B
est: 11.03B (-0.6%)
11.57B
est: 13.16B (-12.1%)
12.04B
est: 11.52B (+4.5%)
15.75B
est: 16.28B (-3.2%)
14.16B
est: 17.18B (-17.6%)
14.88B
est: 15.50B (-4.0%)
10.92B
est: 16.15B (-32.4%)
35.47B
est: 11.03B (+221.5%)
13.16B
13.16B – 13.16B
+19.3% YoY
11.52B
11.52B – 11.52B
-12.5% YoY
16.28B
16.28B – 16.28B
+41.3% YoY
17.18B
17.18B – 17.18B
+5.5% YoY
15.50B
15.50B – 15.50B
-9.8% YoY
16.15B
16.15B – 16.15B
+4.2% YoY
EBITDA
1.64B
est: 735.50M (+122.9%)
1.91B
est: 1.04B (+84.0%)
2.05B
est: 767.77M (+166.6%)
2.35B
est: 2.02B (+16.1%)
1.59B
est: 1.47B (+8.2%)
1.20B
est: 1.45B (-17.7%)
1.03B
est: 1.08B (-4.4%)
1.28B
est: 596.46M (+114.9%)
711.41M
711.41M – 711.41M
+19.3% YoY
622.63M
622.63M – 622.63M
-12.5% YoY
880.06M
880.06M – 880.06M
+41.3% YoY
928.78M
928.78M – 928.78M
+5.5% YoY
837.99M
837.99M – 837.99M
-9.8% YoY
873.30M
873.30M – 873.30M
+4.2% YoY
EBIT
1.04B
est: 412.75M (+152.9%)
1.25B
est: 1.12B (+11.5%)
1.19B
est: 430.86M (+175.4%)
1.14B
est: 1.42B (-19.4%)
541.92M
est: 1.15B (-52.9%)
318.91M
est: 575.57M (-44.6%)
245.96M
est: 604.33M (-59.3%)
749.99M
est: 398.17M (+88.4%)
474.90M
474.90M – 474.90M
+19.3% YoY
415.64M
415.64M – 415.64M
-12.5% YoY
587.49M
587.49M – 587.49M
+41.3% YoY
620.01M
620.01M – 620.01M
+5.5% YoY
559.40M
559.40M – 559.40M
-9.8% YoY
582.97M
582.97M – 582.97M
+4.2% YoY
Net Income
514.34M
est: 546.60M (-5.9%)
633.22M
est: 545.28M (+16.1%)
725.47M
est: 1.27B (-42.7%)
463.53M
est: 1.03B (-54.8%)
211.67M
est: 508.23M (-58.4%)
-5.84M
est: 278.92M (-102.1%)
-187.18M
est: 393.03M (-147.6%)
334.80M
est: 540.86M (-38.1%)
792.20M
792.20M – 792.20M
+46.5% YoY
1.25B
1.25B – 1.25B
+58.2% YoY
1.25B
1.25B – 1.25B
-0.5% YoY
795.56M
795.56M – 795.56M
-36.2% YoY
326.49M
326.49M – 326.49M
-59.0% YoY
388.90M
388.90M – 388.90M
+19.1% YoY
SGA
17.11M
est: 134.04M (-87.2%)
23.70M
est: 464.48M (-94.9%)
89.09M
est: 139.92M (-36.3%)
95.78M
est: 1.35B (-92.9%)
134.45M
est: 1.37B (-90.2%)
131.08M
est: 1.69B (-92.3%)
139.03M
est: 196.25M (-29.2%)
878.07M
est: 242.74M (+261.7%)
289.53M
289.53M – 289.53M
+19.3% YoY
253.39M
253.39M – 253.39M
-12.5% YoY
358.16M
358.16M – 358.16M
+41.3% YoY
377.99M
377.99M – 377.99M
+5.5% YoY
341.04M
341.04M – 341.04M
-9.8% YoY
355.41M
355.41M – 355.41M
+4.2% YoY
EPS
0.38
est: 0.38 (+1.2%)
0.46
est: 0.55 (-16.4%)
0.51
est: 0.87 (-41.4%)
0.32
est: 0.87 (-63.0%)
0.15
est: 0.55 (-72.8%)
0.00
est: 0.23 (-101.8%)
-0.13
est: 0.27 (-148.1%)
0.23
est: 0.38 (-38.7%)
0.55
0.55 – 0.55
+46.5% YoY
0.87
0.87 – 0.87
+58.2% YoY
0.87
0.87 – 0.87
-0.5% YoY
0.55
0.55 – 0.55
-36.2% YoY
0.23
0.23 – 0.23
-59.0% YoY
0.27
0.27 – 0.27
+19.1% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-27 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-26 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-25 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-22 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-21 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-20 C+ 2/5 5/5 1/5 1/5 1/5 3/5 1/5
2026-05-19 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-18 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-15 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-14 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-13 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-12 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-11 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-08 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-07 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-06 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-05 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-05-04 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-30 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-29 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-28 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-27 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-24 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-23 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-22 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-21 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-20 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-17 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5
2026-04-16 C+ 2/5 5/5 1/5 1/5 1/5 4/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
3.62B
OE per share TTM
2.48
Owner's Yield
101.80%
Maintenance CapEx ratio
216.69%
Maint CapEx / Avg PPE
23.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
220.0K
Shares Outstanding
1.44B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Shaktidan Jayendrasingh Gadhavi Whole-Time Director 779.0K male
Suresh Chand Maheshwari Chief Financial Officer 429.0K male
Jyotiprasad Devkinandan Chiripal MD & Executive Chairman male
Rinku Hardikkumar Patel Company Secretary & Compliance Officer female
Venkatpathy Chief People Officer
Deepak J. Chiripal Chief Executive Officer male
Vimal Agarwal Senior Manager of Accounts male
Devenderkumar Tarachand Jain Head of Marketing (Export)
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits