Nahar Spinning Mills Ltd (IN:NAHARSPING)
:NAHARSPING
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Nahar Spinning Mills Ltd
(NAHARSPING)
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Rating:54Neutral
Price Target:
₹253.00
▲(32.36% Upside)
Action:ReiteratedDate:04/17/26
The score is held back primarily by pressured profitability and weak valuation signals (negative P/E and low dividend yield). Technicals are supportive due to a strong uptrend and positive MACD, but overbought RSI/Stoch readings add near-term risk. Balance sheet leverage appears manageable and cash flow has improved, partially offsetting margin deterioration.
Positive Factors
Balance sheet strength
A debt-to-equity of 0.74 and a 54.2% equity ratio indicate manageable leverage and a solid equity base. This financial cushion improves resilience through textile cycles, supports working capital and capex needs, and reduces refinancing risk over the next several months.
Negative Factors
Severe gross margin compression
A collapse in gross margin to 10.2% signals major input cost pressure, adverse product mix, or pricing erosion. Such structural margin deterioration materially weakens operating leverage and makes it difficult to fund SG&A, reinvestment, or restore profitability without meaningful cost or pricing fixes.
Read all positive and negative factors
Positive Factors
Negative Factors
Balance sheet strength
A debt-to-equity of 0.74 and a 54.2% equity ratio indicate manageable leverage and a solid equity base. This financial cushion improves resilience through textile cycles, supports working capital and capex needs, and reduces refinancing risk over the next several months.
Read all positive factors
Nahar Spinning Mills Ltd (NAHARSPING) vs. iShares MSCI India ETF (INDA)
Market Cap
₹8.40B
Dividend Yield0.51%
Average Volume (3M)1.49K
Price to Earnings (P/E)―
Beta (1Y)1.17
Revenue Growth-1.48%
EPS GrowthN/A
CountryIN
Employees10,444
SectorConsumer Defensive
Sector Strength42
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)-3.58
Shares Outstanding36,065,304
10 Day Avg. Volume1,039
30 Day Avg. Volume1,490
Financial Highlights & Ratios
PEG Ratio-0.50
Price to Book (P/B)0.51
Price to Sales (P/S)0.23
P/FCF Ratio20.74
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 Spinning Mills Ltd Business Overview & Revenue Model
Company Description
Nahar Spinning Mills Limited manufactures and sells yarns and knitted garments in India. It offers raw white combed, raw white carded/open end, dyed, organic cotton, fair trade cotton, better cotton initiative, melange, gassed/mercerized, compact ...
How the Company Makes Money
The company primarily makes money by manufacturing and selling yarn and other textile outputs produced from cotton and blended fibers. Revenue is generated from (1) domestic sales to textile mills, fabric manufacturers, and other industrial buyers...
Nahar Spinning Mills Ltd Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
60
Neutral
Cash Flow
50
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.86B | 32.85B | 29.55B | 27.36B | 34.82B | 20.88B |
| Gross Profit | 4.55B | 3.34B | 7.62B | 1.90B | 14.53B | 7.24B |
| EBITDA | 2.05B | 1.91B | 921.37M | 2.56B | 8.24B | 1.96B |
| Net Income | 344.87M | 123.53M | -510.84M | 1.11B | 5.02B | 414.15M |
Balance Sheet | ||||||
| Total Assets | 24.81B | 27.50B | 28.89B | 25.14B | 29.51B | 22.02B |
| Cash, Cash Equivalents and Short-Term Investments | 31.25M | 331.57M | 9.02M | 672.02M | 30.11M | 10.67M |
| Total Debt | 7.60B | 11.01B | 11.51B | 7.30B | 10.13B | 10.74B |
| Total Liabilities | 9.46B | 12.60B | 14.08B | 9.60B | 13.50B | 13.04B |
| Stockholders Equity | 15.35B | 14.89B | 14.81B | 15.54B | 16.01B | 8.98B |
Cash Flow | ||||||
| Free Cash Flow | 3.22B | 367.23M | -6.08B | 3.38B | 1.55B | -1.58B |
| Operating Cash Flow | 3.32B | 819.39M | -3.95B | 6.09B | 2.61B | -853.10M |
| Investing Cash Flow | -110.19M | 34.19M | -493.18M | -2.57B | -1.61B | -531.89M |
| Financing Cash Flow | -3.51B | -537.42M | 3.93B | -3.03B | -985.38M | 1.36B |
Nahar Spinning Mills Ltd Technical Analysis
Positive
191.15
Price Trends
204.62
Positive
196.87
Positive
211.22
Positive
Market Momentum
12.70
Negative
74.02
Negative
91.14
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NAHARSPING, the sentiment is Positive. The current price of 191.15 is below the 20-day moving average (MA) of 219.95, below the 50-day MA of 204.62, and below the 200-day MA of 211.22, indicating a bullish trend. The MACD of 12.70 indicates Negative momentum. The RSI at 74.02 is Negative, neither overbought nor oversold. The STOCH value of 91.14 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:NAHARSPING.
Nahar Spinning Mills Ltd Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | ₹6.28B | 7.41 | ― | 0.41% | 4.64% | 112.20% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
59 Neutral | ₹7.35B | 73.65 | ― | ― | -1.53% | ― | |
58 Neutral | ₹2.01B | 36.61 | ― | 0.33% | 15.88% | 45.92% | |
54 Neutral | ₹8.40B | -13.61 | ― | 0.51% | -1.48% | ― | |
47 Neutral | ₹1.89B | 8.66 | ― | ― | -3.37% | 43.18% | |
44 Neutral | ₹1.80B | 22.90 | ― | ― | -3.84% | ― |
* Consumer Defensive Sector Average
IN:NAHARSPING
Nahar Spinning Mills Ltd
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IN:NAHARPOLY
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IN:RSWM
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7.40%
IN:SHIVATEX
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155.00
-44.51
-22.31%
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.