Revenue GrowthSustained ~45.7% top-line growth indicates strong demand for Nandan Denim’s products and expanding market penetration. Over 2–6 months this underpinning revenue momentum supports scale economics, improves bargaining with suppliers/customers, and funds reinvestment in capacity or product mix.

Improving MarginsReported improvements across gross, EBIT and EBITDA margins point to better operational efficiency or favorable product mix rather than one-off gains. If sustained, higher operating leverage enhances cash conversion and resilience to cost shocks in the textile cycle over the medium term.

Strong Free Cash FlowRobust free cash flow generation and a healthy operating-cash-to-net-income ratio indicate solid cash conversion. This durable cash profile supports capex for capacity, de-leveraging, or working-capital needs and reduces reliance on external funding across business cycles.

Bears Say

Net Income VolatilityFluctuating net income undermines earnings predictability and complicates capital allocation decisions. For a manufacturer exposed to commodity and demand swings, variability in net profit can limit ability to commit to long-term investments or consistent shareholder returns over the medium term.

Moderate Equity RatioAlthough debt-to-equity has decreased, a still-moderate equity ratio signals constrained capital buffer. That leaves less headroom to absorb commodity price shocks or fund larger capacity expansions without incremental debt, limiting strategic flexibility in a cyclical textile industry.

Negative EPS GrowthDeclining EPS despite strong revenue growth suggests margin pressure, one-off items, or capital structure effects reducing per-share earnings. Persistent negative EPS growth can impair reinvestment capacity and signal that top-line gains are not fully translating into sustainable bottom-line improvements.

Nandan Denim Limited News

Nandan Denim Resolves Tax Litigation with Nil Demand

The latest announcement is out from Nandan Denim Limited ( ($IN:NDL) ). Nandan Denim Limited announced that the...

4M ago

NDL

Nandan Denim Limited Announces Virtual AGM for 2025

The latest update is out from Nandan Denim Limited ( ($IN:NDL) ). Nandan Denim Limited announced that its...

6M ago

NDL

NDL FAQ

What was Nandan Denim Limited’s price range in the past 12 months?

Nandan Denim Limited lowest stock price was ₹2.70 and its highest was ₹4.41 in the past 12 months.

What is Nandan Denim Limited’s market cap?

Nandan Denim Limited’s market cap is ₹4.27B.

When is Nandan Denim Limited’s upcoming earnings report date?

Nandan Denim Limited’s upcoming earnings report date is May 25, 2026 which is in 98 days.

How were Nandan Denim Limited’s earnings last quarter?

Nandan Denim Limited released its earnings results on Feb 12, 2026. The company reported ₹0.021 earnings per share for the quarter, beating the consensus estimate of N/A by ₹0.021.

Is Nandan Denim Limited overvalued?

According to Wall Street analysts Nandan Denim Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Nandan Denim Limited pay dividends?

Nandan Denim Limited pays a Annually dividend of ₹0.167 which represents an annual dividend yield of N/A. See more information on Nandan Denim Limited dividends here

What is Nandan Denim Limited’s EPS estimate?

Nandan Denim Limited’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Nandan Denim Limited have?

Nandan Denim Limited has 1,441,471,700 shares outstanding.

What happened to Nandan Denim Limited’s price movement after its last earnings report?

Nandan Denim Limited reported an EPS of ₹0.021 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -0.645%.

Which hedge fund is a major shareholder of Nandan Denim Limited?

Currently, no hedge funds are holding shares in IN:NDL

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Nandan Denim Limited

Nandan Denim Limited manufactures and sells denims, denim and shirting fabrics, cotton fabrics, and yarns in India. It also exports its products to approximately 28 countries. The company was formerly known as Nandan Exim Limited and changed its name to Nandan Denim Limited in November 2013. Nandan Denim Limited was incorporated in 1994 and is based in Ahmedabad, India.