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Nahar Spinning Mills

NAHARSPING
Small Cap
(%) 1D
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1D1W1M3M6M1YMAX

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Nahar Spinning Mills Share price and Fundamental Analysis

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Nahar Spinning Mills Limited incorporated as a Private Limited Company in December, 1980 which became a Public Limited Company in 1983. The Company is engaged in the business of manufacture of cotton yarn/blended and synthetic yarn and hosiery knitwears. The company's units are located at various places in Ludhiana. It has its own dyeing unit, equipped with modern machinery, at Ludhiana. It set up a new spinning unit to manufacture cotton/synthetic yarn at Simrai, Mandideep, Madhya Pradesh.
Company Incorporation1980
ChairmanJawahar Lal Oswal
Head QuartersLudhiana
Previous NameNA

Key Metrics

Market Cap (Cr)
1,020.11
PE Ratio
0
Industry P/E
16.76
PEG Ratio
0
ROE
-1.52%
ROCE
2.16%
ROA
-0.44%
Total Debt (Cr)
734.55
Debt to Equity
0.49
Dividend Yield
0.35%
EPS
0
Book Value & P/B
413.62 x 0.68
Face Value
5
Outstanding Shares(Cr)
3.61
Current Ratio
9.72
EV to Sales
0.54

Included In

+More

Stock Returns

1 Week+3.48%
1 Month+22.01%
6 Months+16.08%
1 Year+3.91%
3 Years-27.42%
5 Years+801.13%

CAGR

1 Year CAGR

Revenue Growth

+9.05%

Net Profit Growth

-146.11%

Operating Profit Growth

-63.11%

Dividend Growth

-33.33%

Stock Returns CAGR

+5.51%
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Adj EPS in Rs - Basic

Adj EPS in Rs - Diluted

Profit and Loss Statement

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Dec 24

Promoters : 67.07%

FIIs : 0.12%

DIIs : 0.73%

Public : 32.07%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in December 2024 Qtr
FII Shareholding Increased by 0.01% to 0.12% in December 2024 Qtr

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ROE

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ROCE

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ROA

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Dividend History

Nahar Spinning Mills Competitors

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Nahar Spinning Mills Management and History

Company Management

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Company History

Nahar Spinning Mills Limited incorporated as a Private Limited Company in December, 1980 which became a Public Limited Company in 1983. The Company is engaged in the business of manufacture of cotton yarn/blended and synthetic yarn and hosiery knitwears. The company's units are located at various places in Ludhiana. It has its own dyeing unit, equipped with modern machinery, at Ludhiana. It set up a new spinning unit to manufacture cotton/synthetic yarn at Simrai, Mandideep, Madhya Pradesh.

In 1995, it decided to put up an Acrylic Fibre Project of 18000 tons capacity, as a measure of backward integration the total cost of project amounted to Rs 207.43 cr which was financed by Rights issue of Secured Premium Convertible Bonds with warrants. Due to continues fall in share prices resulted into shortfall for funding of the project. The board in Aug'97 decided to shleve the project and utilise the balance available money collected for this project in a more profitable venture of spinning and garment industries.

During 1999-2000, the 100% export oriented spinning unit at village Jalalpur, Distt. Patiala, commenced commercial production. The Company has already installed 16128 Spindles and balance 12096 spindles are under erection. The Company is putting up a Mercerising-cum-Dyeing Plant at Village Lalru, Distt. Patiala, Punjab.

The 1st phase of the Company's Mercerising cum Dyeing Plant commenced commercial production on 15th September,2000. The second phase of expansion of Mercerising unit was completed and the installed capacity of the unit stands incresed to Approx 4500 Kg per day. During 2002-03 the company has replaced old machinery with the Ultra Modern Machinery at a cost Rs.15 crores.

During the year 2006, spinning project of 24000 spindles and 720 rotors at Village Lalru, Patiala was commissioned. The Hon'ble Punjab & Haryana High Court sanctioned the Composite Scheme of Demerger and Arrangement between the Company, Nahar Exports Limited and Nahar Capital and Financial Services Limited, vide its Order dated 21st December, 2006, which was filed on 12th January, 2007 at Jalandhar. Thus as per Scheme, Company's 'Investment Activities' stand demerged and transferred to Nahar Capital and Financial Services Limited and 'Textile Business' of Nahar Exports Limited's stand demerged and transferred to the company w.e.f. the appointed date i.e. 1st April, 2006.

Nahar Spinning Mills Share Price

Nahar Spinning Mills share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Nahar Spinning Mills Market Cap

Market capitalization of Nahar Spinning Mills indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Nahar Spinning Mills is valued compared to its competitors.

Nahar Spinning Mills PE Ratio

Nahar Spinning Mills PE ratio helps investors understand what is the market value of each stock compared to Nahar Spinning Mills 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Nahar Spinning Mills PEG Ratio

The PEG ratio of Nahar Spinning Mills evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Nahar Spinning Mills ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Nahar Spinning Mills generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Nahar Spinning Mills ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Nahar Spinning Mills in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Nahar Spinning Mills Total Debt

Total debt of Nahar Spinning Mills shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Nahar Spinning Mills Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Nahar Spinning Mills compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Nahar Spinning Mills CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Nahar Spinning Mills over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Nahar Spinning Mills Technical Analysis

Technical analysis of Nahar Spinning Mills helps investors get an insight into when they can enter or exit the stock. Key components of Nahar Spinning Mills Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Nahar Spinning Mills shares often struggle to rise above due to selling pressure.

Nahar Spinning Mills Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Nahar Spinning Mills ’s financial health and profitability.

Nahar Spinning Mills Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Nahar Spinning Mills Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Nahar Spinning Mills Financials

The financials of Nahar Spinning Mills provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Nahar Spinning Mills Profit and Loss Statements

The profit and loss statement of Nahar Spinning Mills highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Nahar Spinning Mills .

Nahar Spinning Mills Balance Sheet

The balance sheet presents a snapshot of Nahar Spinning Mills ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Nahar Spinning Mills Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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