Nandan Denim logo

Nandan Denim share price

NSE: NDLBSE: 532641Textiles & ApparelsSmall Cap

Formerly Nandan Exim
Last close ₹2.49up ₹0.05 (2.05%)BSE ₹2.47

Share price at the NSE close on 23 Oct 2026. Previous close ₹2.44.

52-week range of traded prices to 23 Oct 2026
₹1.80Low, 30 Mar 2026₹3.48High, 23 Oct 2025
Market cap
₹359 Cr2,003rd largest listed
P/E
9.8
P/B
0.6
Dividend yield
Nonein the last 12 months
ROE
5.8%
ROCE
4.9%
Debt to equity
0.18
Volume, NSE
15,81,48174.0% delivered

Share price

Daily closes since Mar 2012, BSE closes Jan 2007 to Jul 2010, adjusted for splits and bonuses. Earlier closes are left out: on 23 Mar 2012 the price changed in a way no corporate action on record explains.

−26.1%over a year

Results20-session average 9,39,992 shares a day, 70.8% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 12 Aug

Revenue
₹622 Crup 15.26%
Net profit
₹15 Crup 55.59%
Net margin
2.4%

Revenue by year

Peak revenue ₹3,547 Cr, year to Mar 2025

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 2 of the 10 years shown
₹ croreSep 2024Filed 29 OctDec 2024Filed 28 JanMar 2025Filed 12 JunJun 2025Filed 6 AugSep 2025Filed 13 NovDec 2025Filed 12 FebMar 2026Filed 28 MayJun 2026Filed 12 Aug
Revenue8509261,0491,048785500540622
Net profit971111931015
Net margin1.0%0.7%1.0%1.1%1.2%0.6%1.8%2.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Textiles, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 31% of 1,946 trading days since Jun 2017.

LowestHighest
Its median11.2Industry median14.4
Price to book

At or below today's level on 34% of 1,843 trading days since Nov 2018.

LowestHighest
Its median0.7Industry median1.1
EV to EBITDA5.5

At or below today's level on 38% of 1,843 trading days since Nov 2018.

LowestHighest
Its median6.0Industry median10.6
Dividend yield

At or below today's level on 66% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.00%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−47.6%0.0%−47.6%0.0%
3 years+5.4%+245.4%−69.5%0.0%
5 years+11.9%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters51.01%
  • Foreign institutions0.63%
  • Indian institutions1.31%
  • Governments0.01%
  • Individuals and others47.04%
Holder
CHIRIPAL INDUSTRIES LIMITEDPromoter24.96%
CHIRIPAL EXIM LLPPromoter9.30%
DEVKINANDAN CORPORATION LLPPromoter6.04%
BRIJMOHAN DEVKINANDAN CHIRIPALPromoter3.36%
NAKSHATRA STRESSED ASSETS FUND SCHEME IAlternative investment funds1.31%
JYOTIPRASAD D CHIRIPALPromoter1.31%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Other Textile Products, 271 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Nandan Denim in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
VTM logoVTMVTMLTD45453.21.420.9+11.5%−80.9%2.7%3.5%0.00%
Manomay Tex India logoManomay Tex IndiaMANOMAY44021.92.69.4+5.5%+8.3%12.6%10.6%0.00%
Donear Industries logoDonear IndustriesDONEAR3928.51.49.0+1.9%+43.9%17.9%10.8%0.27%
A B Cotspin India logoA B Cotspin IndiaABCOTS37226.62.412.4––10.6%8.8%0.00%
Shreedhar Spinners logoShreedhar SpinnersSHREEDHAR352–––––––0.00%
Kesoram Industries logoKesoram IndustriesKESORAMIND345–0.9–––−2.2%−13.2%0.00%
Ginni Filaments logoGinni FilamentsGINNIFILA3399.61.45.9−6.9%+140.1%16.3%18.4%0.00%
Banswara Syntex logoBanswara SyntexBANSWRAS3248.70.65.9+2.9%+89.1%6.5%7.5%1.06%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.05 a share, year to Mar 2017.
Ex-dateTypePer share
5 Sep 2019Final₹0.50
19 Sep 2018Final₹0.80
21 Sep 2017Final₹1.60
22 Mar 2016Interim₹0.80
23 Feb 2016Interim₹0.80
21 Sep 2015Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Nandan Denim share price by year

Each calendar year to 2025.Nandan Denim share price history

YearClose at year endChangeHighest closeLowest close
20252.95−39.0%4.992.90
20244.84+81.3%7.212.66
20232.67+3.5%3.201.54
20222.58−35.3%6.852.33
20213.99+344.8%4.120.91
20200.90−10.6%1.140.45
20191.00−52.2%2.110.79
20182.10−61.3%5.742.00
20175.42+46.3%6.003.66
20163.71−25.0%5.353.59
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20262.432.892.312.492.4215,81,48174.0%
22 Oct 20262.522.522.432.442.456,36,45461.1%
21 Oct 20262.602.632.432.462.5013,93,58972.4%
19 Oct 20262.622.622.562.602.606,62,17074.9%
16 Oct 20262.572.622.552.602.608,33,80173.7%
15 Oct 20262.592.622.542.572.579,73,85074.1%
14 Oct 20262.582.632.552.612.587,71,46976.2%
13 Oct 20262.562.612.542.582.566,56,64171.2%
12 Oct 20262.592.622.552.582.586,10,20763.5%
9 Oct 20262.582.622.552.582.585,97,68680.1%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
19 Sep 2024Split0.1000Each share became 10.
24 Mar 2022Bonus0.3333Holders received 2 bonus shares for every 1 held.
23 Mar 2012Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
18 Jan 2007Price move–Between two trading sessions the price fell 47% or more, or rose 90% or more. No corporate action is on record. Earlier prices are not shown.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Where an event has no factor that can be worked out, the chart leaves out the closes before it.

Company details

Legal name
Nandan Denim Limited
NSE symbol
NDL
BSE code
532641
ISIN
INE875G01048
Industry
Textiles & Apparels
Listed
Jun 2005 on BSE, Jul 2010 on NSE
Face value
₹1
Former symbols
NANDANEXIM, NANDAN
CIN
L51909GJ1994PLC022719
Corporate identity number, the registrar of companies' code for it