Nahar Spinning Mills Ltd (NAHARSPING) AI Stock Analysis

• Market Cap: ₹7.25B
• Dividend Yield: 0.5%
• Average Volume (3M): 2.94K
• Price to Earnings (P/E): 35.4
• Beta (1Y): 1.01
• Revenue Growth: 5.16%
• EPS Growth: N/A
• Country: IN
• Employees: 10,444
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Apparel - Manufacturers
• EPS (TTM): 4.43
• Shares Outstanding: 36,065,304
• 10 Day Avg. Volume: 4,115
• 30 Day Avg. Volume: 2,943
• PEG Ratio: -0.50
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.23
• P/FCF Ratio: 20.74
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹248.00
• Price Target Upside: 23.29% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 47 Neutral
• Price Target: ₹248.00 ▲(23.29% Upside)

The overall stock score is primarily influenced by mixed financial performance, characterized by positive revenue growth but weak profitability. Technical analysis shows bearish indicators, and valuation metrics suggest the stock might be overvalued. These factors contribute to a cautious outlook on the company's stock.

Nahar Spinning Mills Ltd Business Overview & Revenue Model

Company Description

Nahar Spinning Mills Ltd (NAHARSPING) is a prominent textile manufacturing company based in India. The company primarily operates within the textile sector, focusing on the production and export of yarns, fabrics, and garments. With a strong foothold in the spinning and weaving segments, Nahar Spinning Mills caters to both domestic and international markets, offering a wide range of high-quality textile products.

How the Company Makes Money

Nahar Spinning Mills Ltd generates revenue primarily through the manufacturing and sale of yarns, fabrics, and garments. The company operates several spinning and weaving units that produce a variety of products catering to diverse market needs. Key revenue streams include the sale of cotton and blended yarns, woven and knitted fabrics, and finished garments. The company exports a significant portion of its production, which contributes substantially to its earnings. Strategic partnerships with international clients and a robust distribution network help in reaching global markets, enhancing sales and profitability. Additionally, Nahar Spinning Mills may engage in value-added services such as design and product development to meet specific customer requirements, thereby increasing its revenue potential.

Nahar Spinning Mills Ltd Financial Statement Overview

Summary

Nahar Spinning Mills Ltd displays mixed financial health. Revenue growth is a positive trend, but profitability metrics are under pressure. The balance sheet is relatively strong with a good equity base and manageable debt. Cash flow improvements suggest better cash management, though profitability remains a concern.

Income Statement

The income statement reveals a mixed performance. Gross profit margins have declined from 41.7% in 2022 to 10.2% in 2025, indicating rising costs or pricing pressures. Net profit margins are low at 0.38% in 2025, showing profitability challenges. However, revenue growth from 2024 to 2025 was 11.2%, which is a positive indicator. EBIT and EBITDA margins have weakened significantly, pointing to operational inefficiencies.

Balance Sheet

The balance sheet shows stability in equity with a debt-to-equity ratio of 0.74, a manageable level of leverage for the industry. ROE in 2025 is modest at 0.83%, reflecting limited returns on equity. The equity ratio stands at 54.2%, which suggests a solid equity base. The company has managed its debt levels despite an increase in liabilities.

Cash Flow

Cash flow analysis indicates constraints in cash generation. The operating cash flow to net income ratio was 6.63 in 2025, showing strong cash conversion from profits. However, free cash flow improved significantly compared to a negative position in prior years. The free cash flow to net income ratio of 2.97 indicates effective cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	32.24B	32.85B	27.97B	29.55B	34.82B	20.88B
Gross Profit	4.85B	3.34B	9.31B	7.62B	14.53B	7.24B
EBITDA	1.60B	1.91B	2.56B	921.37M	8.24B	2.05B
Net Income	-104.34M	123.53M	1.11B	-510.84M	5.02B	414.15M
Balance Sheet
Total Assets	0.00	27.50B	25.14B	28.89B	29.51B	22.02B
Cash, Cash Equivalents and Short-Term Investments	117.95M	331.57M	543.36M	9.02M	30.11M	10.67M
Total Debt	0.00	11.01B	7.30B	11.51B	10.13B	10.74B
Total Liabilities	-14.92B	12.60B	9.60B	14.08B	13.50B	13.04B
Stockholders Equity	14.92B	14.89B	15.54B	14.81B	16.01B	8.98B
Cash Flow
Free Cash Flow	0.00	367.23M	3.38B	-6.08B	1.55B	-1.58B
Operating Cash Flow	0.00	819.39M	6.09B	-3.95B	2.61B	-853.10M
Investing Cash Flow	0.00	34.19M	-2.57B	-493.18M	-1.61B	-531.89M
Financing Cash Flow	0.00	-537.42M	-3.03B	3.93B	-985.38M	1.36B

Nahar Spinning Mills Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 201.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NAHARSPING, the sentiment is Negative. The current price of 201.15 is below the 20-day moving average (MA) of 240.01, below the 50-day MA of 261.59, and below the 200-day MA of 248.56, indicating a bearish trend. The MACD of -17.58 indicates Positive momentum. The RSI at 16.58 is Positive, neither overbought nor oversold. The STOCH value of 4.72 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NAHARSPING.

Nahar Spinning Mills Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NAHARPOLY	62 Neutral	₹7.37B	12.87		0.33%	13.64%	252.97%
SHIVATEX	56 Neutral	₹2.23B	16.94		0.35%	10.60%	―
RSWM	54 Neutral	₹7.25B	―		3.85%	9.72%	24.23%
Sector *	53 Neutral	C$5.41B	6.76	11.95%	3.33%	4.99%	-1.01%
NAHARSPING	47 Neutral	₹7.25B	35.44		0.50%	5.16%	―
BASML	46 Neutral	₹2.38B	24.21		―	-20.14%	―
MARALOVER	45 Neutral	₹2.54B	―		―	3.89%	-1584.25%

Nahar Spinning Mills Ltd Corporate Events

Nahar Spinning Mills Releases Q2 2025 Financial Results

Nahar Spinning Mills Ltd has announced the publication of its standalone unaudited financial results for the quarter ending June 30, 2025, in the newspapers ‘Business Standard’ and ‘Punjabi Jagran’. This disclosure is part of the company’s compliance with SEBI regulations, ensuring transparency and keeping stakeholders informed about its financial performance.

Nahar Spinning Mills Ensures Compliance with SEBI Regulations

Nahar Spinning Mills Ltd has submitted a certificate to the stock exchanges in compliance with SEBI regulations, confirming the dematerialization of physical share certificates for the quarter ending June 30, 2025. This action ensures that the securities are listed and the records updated, reflecting the depository as the registered owner, which is a critical step in maintaining transparency and regulatory compliance.