Nahar Spinning Mills Ltd (IN:NAHARSPING)
:NAHARSPING
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Nahar Spinning Mills Ltd
(NAHARSPING)
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Rating:54Neutral
Price Target:
₹275.00
▲(43.87% Upside)
Action:Reiterated
Date:05/29/26
The score is held back primarily by inconsistent profitability and uneven cash generation, alongside a high P/E and low dividend yield. These negatives are partially offset by a strong technical uptrend with supportive momentum indicators.
Positive Factors
Improving leverage
Reported improvement in debt-to-equity and a serviceable balance sheet indicate the company has reduced some financial strain versus earlier peaks. That improvement supports medium-term financing flexibility for working capital and maintenance capex, lowering refinancing risk if cyclical pressures re-emerge.
Negative Factors
Revenue and profit volatility
The company has swung from strong profitability to a deep loss and back to modest profits, reflecting volatile top-line and margin drivers. This variability undermines predictable cash generation and makes long-term planning, investment and consistent shareholder returns more difficult across business cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving leverage
Reported improvement in debt-to-equity and a serviceable balance sheet indicate the company has reduced some financial strain versus earlier peaks. That improvement supports medium-term financing flexibility for working capital and maintenance capex, lowering refinancing risk if cyclical pressures re-emerge.
Read all positive factors
Nahar Spinning Mills Ltd (NAHARSPING) vs. iShares MSCI India ETF (INDA)
Market Cap
₹9.29B
Dividend Yield0.51%
Average Volume (3M)1.49K
Price to Earnings (P/E)42.7
Beta (1Y)1.20
Revenue Growth-2.03%
EPS Growth75.38%
CountryIN
Employees10,444
SectorConsumer Defensive
Sector Strength42
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)9.58
Shares Outstanding36,065,304
10 Day Avg. Volume1,039
30 Day Avg. Volume1,490
Financial Highlights & Ratios
PEG Ratio0.23
Price to Book (P/B)0.42
Price to Sales (P/S)0.20
P/FCF Ratio5.72
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
Established in Ludhiana, India, in 1980, Nahar Spinning Mills Limited operates as a manufacturer and distributor of an extensive range of yarns and knitted apparel. The company's diverse yarn offerings encompass raw white varieties (combed, carded...
How the Company Makes Money
Nahar Spinning Mills Ltd primarily makes money by manufacturing and selling yarn and other textile outputs produced from its spinning operations. Key revenue is generated from (i) sales of finished yarn to downstream textile processors, fabric man...
Nahar Spinning Mills Ltd Financial Statement Overview
Summary
Income Statement
48
Neutral
Balance Sheet
57
Neutral
Cash Flow
44
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 32.86B | 32.18B | 32.85B | 29.55B | 27.36B | 34.82B |
| Gross Profit | 4.55B | 3.50B | 3.34B | 7.62B | 1.90B | 14.53B |
| EBITDA | 2.05B | 1.57B | 1.91B | 921.37M | 2.56B | 8.24B |
| Net Income | 344.87M | 218.19M | 123.53M | -510.84M | 1.11B | 5.02B |
Balance Sheet | ||||||
| Total Assets | 24.81B | 26.93B | 27.50B | 28.89B | 25.14B | 29.51B |
| Cash, Cash Equivalents and Short-Term Investments | 31.25M | 17.77M | 331.57M | 9.02M | 672.02M | 30.11M |
| Total Debt | 7.60B | 9.83B | 11.01B | 11.51B | 7.30B | 10.13B |
| Total Liabilities | 9.46B | 11.81B | 12.60B | 14.08B | 9.60B | 13.50B |
| Stockholders Equity | 15.35B | 15.12B | 14.89B | 14.81B | 15.54B | 16.01B |
Cash Flow | ||||||
| Free Cash Flow | 3.22B | 1.10B | 367.23M | -6.08B | 3.38B | 1.55B |
| Operating Cash Flow | 3.32B | 1.81B | 819.39M | -3.95B | 6.09B | 2.61B |
| Investing Cash Flow | -110.19M | -911.93M | 34.19M | -493.18M | -2.57B | -1.61B |
| Financing Cash Flow | -3.51B | -1.22B | -537.42M | 3.93B | -3.03B | -985.38M |
Nahar Spinning Mills Ltd Technical Analysis
Positive
191.15
Price Trends
256.84
Positive
224.42
Positive
213.79
Positive
Market Momentum
-0.26
Positive
47.40
Neutral
20.16
Neutral
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 265.88, below the 50-day MA of 256.84, and below the 200-day MA of 213.79, indicating a neutral trend. The MACD of -0.26 indicates Positive momentum. The RSI at 47.40 is Neutral, neither overbought nor oversold. The STOCH value of 20.16 is Neutral, 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 |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹406.02B | 46.80 | ― | 0.52% | 4.11% | 257.30% | |
66 Neutral | ₹191.05B | 25.26 | ― | 1.13% | 0.86% | -15.59% | |
63 Neutral | ₹31.55B | 17.77 | ― | 0.94% | -2.78% | 1.20% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
54 Neutral | ₹9.29B | 42.66 | ― | 0.51% | -2.03% | 75.38% | |
54 Neutral | ₹132.24B | 35.11 | ― | 1.84% | -4.09% | 1.59% | |
52 Neutral | ₹2.00B | 15.53 | ― | ― | -1.92% | 66.45% |
* Consumer Defensive Sector Average
IN:NAHARSPING
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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.