Nahar Industrial Enterprises Limited (IN:NAHARINDUS)
:NAHARINDUS
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Nahar Industrial Enterprises Limited
(NAHARINDUS)
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Rating:51Neutral
Price Target:
₹121.00
▲(11.93% Upside)
Action:Reiterated
Date:06/04/26
The score is held back primarily by weak financial performance, especially sustained negative free cash flow and very thin operating margins, despite a still-manageable balance sheet. Technicals are supportive with a clear uptrend, but overbought RSI raises near-term risk. Valuation looks modest on P/E, offering some offset to the fundamental cash-flow concerns.
Positive Factors
Vertical integration / product mix
Nahar's integrated spinning and downstream processing creates durable structural advantages: control over conversion margins, product-mix flexibility, and ability to offer value-added yarns. This vertical scope supports margin retention and resilience versus pure-play commodity sellers over months.
Negative Factors
Consistent negative free cash flow
Three consecutive years of negative free cash flow, capped by -665M in FY2026, is a durable red flag: it forces reliance on external funding, constrains reinvestment, limits capacity to deleverage, and elevates refinancing or working-capital risk across the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Vertical integration / product mix
Nahar's integrated spinning and downstream processing creates durable structural advantages: control over conversion margins, product-mix flexibility, and ability to offer value-added yarns. This vertical scope supports margin retention and resilience versus pure-play commodity sellers over months.
Read all positive factors
Nahar Industrial Enterprises Limited (NAHARINDUS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.09B
Dividend YieldN/A
Average Volume (3M)1.51K
Price to Earnings (P/E)10.1
Beta (1Y)1.49
Revenue Growth-7.95%
EPS Growth179.61%
CountryIN
Employees6,850
SectorConsumer Cyclical
Sector Strength84
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)9.58
Shares Outstanding43,205,580
10 Day Avg. Volume1,044
30 Day Avg. Volume1,515
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)0.35
Price to Sales (P/S)0.26
P/FCF Ratio-5.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nahar Industrial Enterprises Limited Business Overview & Revenue Model
Company Description
Nahar Industrial Enterprises Limited (NIEL), a diversified entity based in Ludhiana, India, operates primarily as an integrated textile manufacturer. Its business activities are structured into two key segments: Textiles and Sugar. Within its Text...
How the Company Makes Money
Nahar Industrial Enterprises Limited primarily makes money by selling manufactured textile goods—chiefly cotton yarn—produced in its spinning operations. Revenue is generated through (1) domestic and export sales of yarn and other textile products...
Nahar Industrial Enterprises Limited Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
55
Neutral
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 15.45B | 14.08B | 15.30B | 14.64B | 17.64B | 19.84B |
| Gross Profit | 4.32B | 2.04B | 2.45B | 2.86B | 3.73B | 5.26B |
| EBITDA | 1.50B | 605.67M | 1.17B | 762.31M | 1.83B | 3.17B |
| Net Income | 413.95M | 513.43M | 184.88M | 97.32M | 789.22M | 1.57B |
Balance Sheet | ||||||
| Total Assets | 17.01B | 19.00B | 17.93B | 16.58B | 13.61B | 18.29B |
| Cash, Cash Equivalents and Short-Term Investments | 241.33M | 444.97M | 228.88M | 313.17M | 87.43M | 48.87M |
| Total Debt | 5.15B | 6.82B | 6.22B | 5.32B | 2.77B | 7.04B |
| Total Liabilities | 6.90B | 8.57B | 8.03B | 6.87B | 4.01B | 9.32B |
| Stockholders Equity | 10.11B | 10.43B | 9.90B | 9.71B | 9.60B | 8.97B |
Cash Flow | ||||||
| Free Cash Flow | 1.11B | -665.15M | -1.32B | -2.11B | 4.18B | 342.82M |
| Operating Cash Flow | 1.45B | 248.99M | 401.88M | -718.39M | 5.04B | 845.98M |
| Investing Cash Flow | -140.05M | -641.03M | -1.31B | -1.52B | -549.64M | -350.89M |
| Financing Cash Flow | -1.30B | 592.74M | 882.55M | 2.27B | -4.49B | -490.12M |
Nahar Industrial Enterprises Limited Technical Analysis
Positive
108.10
Price Trends
114.34
Positive
105.59
Positive
108.71
Positive
Market Momentum
1.74
Positive
61.71
Neutral
50.61
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NAHARINDUS, the sentiment is Positive. The current price of 108.1 is below the 20-day moving average (MA) of 117.90, below the 50-day MA of 114.34, and below the 200-day MA of 108.71, indicating a bullish trend. The MACD of 1.74 indicates Positive momentum. The RSI at 61.71 is Neutral, neither overbought nor oversold. The STOCH value of 50.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NAHARINDUS.
Nahar Industrial Enterprises Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | ₹6.67B | 19.62 | ― | ― | 6.05% | -16.54% | |
70 Outperform | ₹5.77B | 8.30 | ― | ― | 62.55% | 97.67% | |
63 Neutral | ₹3.63B | 10.87 | ― | ― | -19.03% | 0.65% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
57 Neutral | ₹4.63B | 17.04 | ― | 0.21% | 9.35% | -20.51% | |
55 Neutral | ₹4.50B | 15.10 | ― | 0.88% | 4.93% | 40.89% | |
51 Neutral | ₹5.09B | 10.10 | ― | ― | -7.95% | 179.61% |
* Consumer Cyclical Sector Average
IN:NAHARINDUS
Nahar Industrial Enterprises Limited
121.10
-14.75
-10.86%
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Nahar Industrial Enterprises Limited Corporate Events
Nahar Industrial Enterprises Reports Insured Fire at Punjab Cotton Storage Unit
May 24, 2026
Nahar Industrial Enterprises Limited reported a fire incident at its unit in the Nahar Complex at Lalru, Punjab, where a godown used for storing raw cotton bales caught fire during the night of May 23–24, 2026. The blaze was brought under co...
Nahar Industrial Enterprises affirms board-approved process for Dec 2025 financial results
Mar 13, 2026
Nahar Industrial Enterprises Limited has clarified to the National Stock Exchange of India that its standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 were signed in compliance with Regulation 33 o...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.