Nandan Denim Key Ratios
NSE: NDL | BSE: 532641
₹3.04
As on 28-Aug-2026 11:09IST
Market cap
₹437 Cr
Revenue (TTM)
₹2,447 Cr
P/E Ratio
11.9
P/B Ratio
0.7
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 15.26 | -40.59 | -36.83 | 10.74 | 11.89 |
| EBIT | 495.14 | -38.71 | -51.15 | 4.57 | 5.92 |
| Net Profit | 55.57 | 32.12 | -1.16 | 85.77 | 27.24 |
| EPS | 55.45 | 32.05 | -1.16 | 85.80 | 27.23 |
| Book Value | -- | -- | 5.75 | 4.72 | 4.77 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-25 | Mar-24 |
| EBIT-Margin
| 2.77 | 2.49 | 1.54 | 2.11 | 3.87 |
| Net Margin
| 1.06 | 0.91 | 1.49 | 0.94 | 2.20 |
| Return on equity
| 4.55 | 4.63 | 5.69 | 5.56 | 7.99 |
| Return on Capital
| 8.85 | 8.05 | -- | 9.27 | 11.70 |
| Return on Assets
| 2.12 | 1.99 | 3.19 | 2.70 | 3.61 |
| Debt to Equity (x)
| -- | -- | 0.08 | 0.40 | 0.56 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
9.27
|
11.70
|
5.57
|
12.66
|
|
Peer Median
|
--
|
10.75
|
10.41
|
23.57
|
--
|
ROE
5.69
Lower than Peers by 2.70
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
5.69
|
5.56
|
7.99
|
0.10
|
13.41
|
|
Peer Median
|
8.39
|
8.23
|
8.89
|
23.53
|
--
|
ROA
3.19
Lower than Peers by 2.07
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
3.19
|
2.70
|
3.61
|
0.04
|
5.12
|
|
Peer Median
|
5.25
|
4.86
|
4.90
|
14.16
|
--
|
EBIT Margin
1.54
Lower than Peers by 6.14
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
1.54
|
2.11
|
3.87
|
2.31
|
5.31
|
|
Peer Median
|
7.68
|
8.20
|
7.42
|
11.31
|
--
|
Net Margin
1.49
Lower than Peers by 4.05
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
1.49
|
0.94
|
2.20
|
0.03
|
3.09
|
|
Peer Median
|
5.54
|
5.09
|
5.10
|
11.37
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
2.44
|
4.22
|
1.86
|
5.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-36.83
Lower than Peers by 42.71
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
-36.83
|
76.44
|
-0.82
|
-6.84
|
99.55
|
|
Peer Median
|
5.89
|
11.13
|
2.51
|
30.21
|
--
|
EBIT Growth
-51.15
Lower than Peers by 61.40
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
-51.15
|
-3.52
|
65.72
|
-59.42
|
1,014.11
|
|
Peer Median
|
10.26
|
51.57
|
10.23
|
11.71
|
--
|
Net Profit Growth
-1.16
Lower than Peers by 14.07
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
-1.16
|
-25.50
|
8,353.91
|
-99.21
|
461.63
|
|
Peer Median
|
12.92
|
41.23
|
18.43
|
-10.32
|
--
|
EPS Growth
-1.16
Lower than Peers by 14.15
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
-1.16
|
-25.50
|
8,327.03
|
-99.21
|
461.51
|
|
Peer Median
|
12.99
|
39.84
|
--
|
-4.15
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
5.75
|
8.35
|
0.23
|
14.40
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.08
Higher than Peers by 0.04
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
0.08
|
0.40
|
0.56
|
0.86
|
1.04
|
|
Peer Median
|
0.04
|
0.39
|
0.27
|
0.39
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
0.24
|
0.31
|
0.44
|
0.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.25
No difference
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
2.25
|
1.49
|
1.46
|
1.32
|
1.37
|
|
Peer Median
|
2.25
|
1.80
|
2.13
|
1.87
|
--
|
Quick Ratio
1.71
Higher than Peers by 0.38
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
1.71
|
1.16
|
1.09
|
0.94
|
1.00
|
|
Peer Median
|
1.34
|
1.65
|
1.14
|
1.23
|
--
|
Interest Coverage
3.52
Lower than Peers by 2.47
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
3.52
|
2.25
|
2.38
|
1.10
|
3.19
|
|
Peer Median
|
5.99
|
4.05
|
5.35
|
14.06
|
--
|
Operating Efficiency
Debtors to sales
15.39
Lower than Peers by 1.57
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
15.39
|
14.39
|
18.50
|
17.43
|
20.50
|
|
Peer Median
|
16.96
|
20.74
|
18.50
|
18.73
|
--
|
Asset Turnover
2.12
Higher than Peers by 1.15
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
2.12
|
2.88
|
1.63
|
1.48
|
1.66
|
|
Peer Median
|
0.97
|
1.08
|
1.06
|
1.22
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
45.24
|
65.32
|
71.92
|
60.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
17.66
|
33.77
|
40.57
|
37.28
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
20.76
|
33.11
|
49.03
|
41.04
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
42.13
|
65.98
|
63.46
|
56.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
11.89
Lower than Peers by 8.41
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
11.89
|
15.24
|
1.03
|
42.20
|
1.33
|
|
Peer Median
|
20.30
|
23.58
|
30.50
|
18.78
|
--
|
Price / Book Value
0.66
Lower than Peers by 1.39
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
0.66
|
0.82
|
0.79
|
0.42
|
1.67
|
|
Peer Median
|
2.05
|
2.43
|
2.83
|
3.20
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.48
|
--
|
0.47
|
0.37
|
--
|
EV/EBITDA
5.47
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
5.47
|
5.39
|
4.83
|
6.91
|
7.91
|
|
Peer Median
|
--
|
23.22
|
27.66
|
12.83
|
--
|
Market Cap
437
Lower than Peers by 748
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
|---|---|---|---|---|---|
|
Nandan Denim
|
437
|
510
|
465
|
224
|
901
|
|
Peer Median
|
1,184
|
868
|
757
|
693
|
--
|