NANDAN DENIM LIMITED (NDL) financials

NANDAN DENIM LIMITED (NDL) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1994, Nandan Denim Ltd manufactures Denim, Shirting materials, Yarn and various types of fabrics[1]

Market Cap: ₹375Cr.
Current Price: ₹2.60
Stock P/E: 10.2
ROE: 5.22%
ROCE: 7.32%
Book Value: ₹4.52
Dividend Yield: 0.00%
52W High / Low: ₹3.57/1.80

In Jun 2026, NANDAN DENIM LIMITED (NDL) reported sales ₹622 Cr and net profit ₹15 Cr.

Annual TTM: sales ₹2,447 Cr, net profit ₹37 Cr.

Shareholding: Promoters 51.01% (Sep 2026), FIIs 0.63% (Sep 2026), DIIs 1.31% (Sep 2026), Government 0.01% (Sep 2026), Public 47.04% (Sep 2026).

NDL quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	850	926	1,049	1,048	785	500	540	622
Expenses	818	897	1,014	1,015	761	478	527	598
Operating Profit	33	29	34	32	23	21	13	24
OPM %	3.8%	3.1%	3.3%	3.1%	3.0%	4.2%	2.4%	3.9%
Other Income	2	2	2	2	2	1	9	2
Interest	9	9	9	8	7	7	-4	5
Depreciation	14	14	12	12	10	12	11	12
Profit before tax	11	9	15	15	8	4	15	10
Tax %	23%	24%	27%	24%	-14%	28%	37%	-43%
Net Profit	9	7	11	11	9	3	10	15
EPS in Rs	0.06	0.05	0.07	0.08	0.07	0.02	0.07	0.10
Raw PDF	—	—	—	—	—	—	—	—

NDL profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,524	1,090	2,176	2,027	2,010	3,547	2,872	2,447
Expenses	1,419	1,008	2,015	1,943	1,892	3,419	2,782	2,365
Operating Profit	105	82	160	84	118	128	90	82
OPM %	7%	8%	7%	4.2%	6%	3.6%	3.1%	3.4%
Other Income	19	7	19	12	35	8	14	15
Interest	43	42	42	53	47	37	18	15
Depreciation	88	78	45	37	41	53	44	44
Profit before tax	-7	-31	92	5	65	46	42	38
Tax %	-92%	-40%	27%	90%	31%	27%	22%	—
Net Profit	-1	-19	68	1	45	33	33	37
EPS in Rs	-0.00	-0.13	0.47	0.00	0.31	0.23	0.23	0.26
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	—

NDL balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	48	48	48	144	144	144	144	144
Reserves	443	442	423	395	396	441	475	507
Borrowings	603	522	552	558	465	330	249	118
Other Liabilities	170	201	160	346	262	267	407	263
Total Liabilities	1,264	1,213	1,183	1,443	1,267	1,182	1,274	1,032
Fixed Assets	632	584	503	544	534	508	459	421
CWIP	15	0	2	0	5	1	1	1
Investments	1	1	0	0	0	0	1	1
Other Assets	615	627	678	899	727	673	814	609
Total Assets	1,264	1,213	1,183	1,443	1,267	1,182	1,274	1,032

NDL cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	79	155	35	101	141	230	95	144
Cash from Investing Activity	-26	-18	-24	-55	-21	-50	10	6
Cash from Financing Activity	-68	-124	-9	-34	-145	-168	-117	-149
Net Cash Flow	-15	13	1	12	-25	12	-13	1
Free Cash Flow	60	130	11	52	124	194	87	139
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	58%	152%	43%	73%	175%	197%	78%	149%

NDL shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	51.01%	51.01%	51.01%	51.01%	51.01%	51.01%	51.01%	51.01%
FIIs	0.58%	0.58%	1.40%	0.68%	0.68%	0.68%	0.63%	0.63%
DIIs	1.48%	1.25%	1.25%	1.31%	1.31%	1.31%	1.31%	1.31%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%
Public	46.91%	47.14%	46.33%	46.98%	46.99%	46.99%	47.05%	47.04%
No. of Shareholders	1,35,094	1,69,051	1,82,238	1,88,934	1,85,973	1,85,111	1,83,763	1,83,297

NDL key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	69	76	93	75	64	68	53	48
Inventory Days	77	52	94	52	46	38	21	21
Days Payable	39	46	55	56	40	42	37	25
Cash Conversion Cycle	107	83	132	71	69	63	36	43
Working Capital Days	36	36	64	33	27	28	24	39
ROCE %	5%	4%	3%	13%	5%	11%	9%	7%

NDLUpdated 17 Oct 2026, 23:22

Nandan Denim Limited

NDLUpdated 17 Oct 2026, 23:22

Market Cap

₹375Cr.

Current Price

₹2.60

High / Low

₹3.57/1.80

Stock P/E

10.2

ROE5.22%

ROCE7.32%

Book Value₹4.52

Face Value₹1.00

Dividend Yield0.00%

About

Incorporated in 1994, Nandan Denim Ltd manufactures Denim, Shirting materials, Yarn and various types of fabrics[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	554	12	534	3	10	2	24	2	0.01
Sep 2023	414	10	388	4	10	11	23	8	0.06
Dec 2023	462	10	430	1	10	13	41	8	0.06
Mar 2024	579	15	540	26	11	39	30	27	0.19
Jun 2024	722	10	689	2	14	11	34	7	0.05
Sep 2024	850	9	818	2	14	11	23	9	0.06
Dec 2024	926	9	897	2	14	9	24	7	0.05
Mar 2025	1049	9	1014	2	12	15	27	11	0.07
Jun 2025	1048	8	1015	2	12	15	24	11	0.08
Sep 2025	785	7	761	2	10	8	-14	9	0.07
Dec 2025	500	7	478	1	12	4	28	3	0.02
Mar 2026	540	-4	527	9	11	15	37	10	0.07
Jun 2026	622	5	598	2	12	10	-43	15	0.1

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	1097	38	931	3	60	71	28	51	0.38
Mar 2016	1157	41	966	4	66	88	28	63	0.46
Mar 2017	1220	36	1034	21	86	85	15	73	0.5
Mar 2018	1589	58	1363	14	121	61	24	46	0.32
Mar 2019	1456	27	1307	13	104	31	32	21	0.15
Mar 2020	1524	43	1419	19	88	-7	-92	-1	0
Mar 2021	1090	42	1008	7	78	-31	-40	-19	-0.13
Mar 2022	2176	42	2015	19	45	92	27	68	0.47
Mar 2023	2027	53	1943	12	37	5	90	1	0
Mar 2024	2010	47	1892	35	41	65	31	45	0.31
Mar 2025	3547	37	3419	8	53	46	27	33	0.23
Mar 2026	2872	18	2782	14	44	42	22	33	0.23
TTM	2447	15	2365	15	44	38	—	37	0.26

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	51.01%
FIIs	0.63%
DIIs	1.31%
Government	0.01%
Public	47.04%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Government	Public
Dec 2023	64.87%	0.35%	0%	0.01%	34.77%
Mar 2024	64.87%	0.48%	0%	0.01%	34.65%
Jun 2024	58.46%	0.6%	0.07%	0.01%	40.87%
Sep 2024	51.01%	0.57%	1.48%	0.01%	46.92%
Dec 2024	51.01%	0.58%	1.48%	0.01%	46.91%
Mar 2025	51.01%	0.58%	1.25%	0.01%	47.14%
Jun 2025	51.01%	1.4%	1.25%	0.01%	46.33%
Sep 2025	51.01%	0.68%	1.31%	0.01%	46.98%
Dec 2025	51.01%	0.68%	1.31%	0.01%	46.99%
Mar 2026	51.01%	0.68%	1.31%	0.01%	46.99%
Jun 2026	51.01%	0.63%	1.31%	0.01%	47.05%
Sep 2026	51.01%	0.63%	1.31%	0.01%	47.04%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	46	213	471	130	860	437	11	7	405	860
Mar 2016	46	293	511	168	1018	480	90	7	440	1018
Mar 2017	48	390	638	205	1280	798	6	2	475	1280
Mar 2018	48	426	640	231	1345	737	0	1	607	1345
Mar 2019	48	443	603	170	1264	632	15	1	615	1264
Mar 2020	48	442	522	201	1213	584	0	1	627	1213
Mar 2021	48	423	552	160	1183	503	2	0	678	1183
Mar 2022	144	395	558	346	1443	544	0	0	899	1443
Mar 2023	144	396	465	262	1267	534	5	0	727	1267
Mar 2024	144	441	330	267	1182	508	1	0	673	1182
Mar 2025	144	475	249	407	1274	459	1	1	814	1274
Mar 2026	144	507	118	263	1032	421	1	1	609	1032

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	133	-94	-26	13
Mar 2016	147	-180	32	-2
Mar 2017	169	-286	116	0
Mar 2018	66	0	-65	1
Mar 2019	79	-26	-68	-15
Mar 2020	155	-18	-124	13
Mar 2021	35	-24	-9	1
Mar 2022	101	-55	-34	12
Mar 2023	141	-21	-145	-25
Mar 2024	230	-50	-168	12
Mar 2025	95	10	-117	-13
Mar 2026	144	6	-149	1

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	49	39	40	63	69	76	93	75	64	68	53	48
Inventory Days	68	93	96	83	77	52	94	52	46	38	21	21
Days Payable	33	49	60	56	39	46	55	56	40	42	37	25
Cash Conversion Cycle	84	82	76	90	107	83	132	71	69	63	36	43
Working Capital Days	10	8	-1	22	36	36	64	33	27	28	24	39
ROCE %	16%	16%	13%	11%	5%	4%	3%	13%	5%	11%	9%	7%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of NANDAN DENIM LIMITED (NDL)?

The reported market capitalisation for NANDAN DENIM LIMITED (NDL) is ₹375Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of NDL?

The current price shown for NANDAN DENIM LIMITED (NDL) on Fincrux is ₹2.60 with a 52-week high/low of ₹3.57/1.80.

What is the P/E ratio of NANDAN DENIM LIMITED (NDL)?

The stock P/E for NANDAN DENIM LIMITED (NDL) is 10.2 on Fincrux, with ROE at 5.22% and ROCE at 7.32%.

What were NDL latest quarterly results?

For Jun 2026, NANDAN DENIM LIMITED (NDL) reported sales ₹622 Cr and net profit ₹15 Cr (figures in ₹ crore unless noted).

What are NDL annual sales and net profit?

For TTM, NANDAN DENIM LIMITED (NDL) shows sales of ₹2,447 Cr and net profit of ₹37 Cr on the Fincrux profit & loss statement.

Who owns NANDAN DENIM LIMITED (NDL)?

Latest shareholding for NANDAN DENIM LIMITED (NDL) on Fincrux: Promoters 51.01% (Sep 2026), FIIs 0.63% (Sep 2026), DIIs 1.31% (Sep 2026), Government 0.01% (Sep 2026), Public 47.04% (Sep 2026).

Where can I find NANDAN DENIM LIMITED (NDL) financials?

NANDAN DENIM LIMITED (NDL) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show NDL balance sheet and cash flow?

Yes. The NANDAN DENIM LIMITED (NDL) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 17 October 2026 at 23:22