This is a numbers-first look at Nandan Denim (NDL), covering income trends, margins, valuation, and shareholding.
Nandan Denim Revenue Trend
Revenue for Nandan Denim came in at ₹3,547 Cr in FY2025, growing 73.5% year-over-year.
Stepping back, the 10-year revenue CAGR of 12.5% tells a positive story. Nandan Denim has been growing at a solid clip.
At ₹3,547 Cr in annual revenue, Nandan Denim is one of the mid-sized players in the textiles space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹3,547 Cr | +73.5% |
| FY2024 | ₹2,045 Cr | +0.3% |
| FY2023 | ₹2,038 Cr | -7.1% |
| FY2022 | ₹2,194 Cr | +97.0% |
| FY2021 | ₹1,114 Cr | — |
View Nandan Denim's full 10-year revenue trend with CAGR analysis →
Nandan Denim Profitability
Nandan Denim's profitability took a step back in FY2025, with net income falling 25.5% to ₹33.5 Cr.
The company's net margin contracted to 0.9% in FY2025 from 2.2% in FY2024.
Diluted EPS stood at ₹0.23 in FY2025, compared to ₹0.31 in FY2024.
Is Nandan Denim Undervalued
Based on the P/E Ratio model, Nandan Denim's fair value works out to ₹3 — 29.6% upside from where it trades today.
Nandan Denim shares are currently trading at ₹2.57.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹3 | 29.6% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Nandan Denim with detailed assumptions →
Nandan Denim Shareholding Pattern
Promoter holding is steady at 51.0% — no buying or selling over the past 4 quarters.
Foreign investors held 0.7% of the company as of March 2026, down year-over-year from 1.4%.
Domestic institutions moved their stake up to 1.3% from 1.2% over the past year.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 51.0% | 0.7% | 1.3% | 47.0% |
| Dec 2025 | 51.0% | 0.7% | 1.3% | 47.0% |
| Sep 2025 | 51.0% | 0.7% | 1.3% | 47.0% |
| Jun 2025 | 51.0% | 1.4% | 1.2% | 46.3% |
Track quarterly shareholding changes for Nandan Denim →
Nandan Denim Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹12.74B, up 7.8% YoY from ₹11.82B.
Receivables accounts for 40.1% of the total, ahead of Property, Plant & Equipment (36.1%) and Inventories (13.9%).
Capital structure: 48.6% equity, 19.5% debt, 31.9% operating liabilities. Over the year, debt is down 24.6% and equity is up 5.7%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 25.13M |
| Receivables | 5.11B |
| Inventories | 1.77B |
| Property, Plant & Equipment | 4.60B |
| Investments | 6.82M |
| Intangibles & Goodwill | 2.01M |
| Other Assets | 1.24B |
| Category | Value |
|---|---|
| Equity | 6.19B |
| Short-term Debt | 1.85B |
| Long-term Debt | 635.20M |
| Trade Payables | 3.19B |
| Other Liabilities | 875.08M |
What Stands Out About Nandan Denim
Here's the bottom line on Nandan Denim (NDL) based on the latest available financials.
Revenue of ₹3,547 Cr in FY2025, up 73.5% year-over-year.
Long-term revenue has been compounding at 12.5% annually over 10 years.
The company is profitable, with a net margin of 0.9% and net income of ₹33.5 Cr.
The P/E Ratio model implies 29.6% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of Nandan Denim goes deeper: three valuation models, growth metrics, and 10 years of financial data.