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Nandan Denim Share Price

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NSEBSE

43.550.40 (0.93%)

12:00 AM,16th Apr 2024

43.560.41 (0.95%)

12:00 AM,16th Apr 2024

BSE : 532641

NSE : NDL

Sector : Industrials

ISIN Code : INE875G01030

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Last Updated: Apr 16 2024 | 12:00 AM IST

Market Cap (₹ Cr)

627

Turnover (₹ Cr)

0.87

Volume (Shares)

2003654

Face Value

10

52-WK High

46.70

52-WK High Date

15 Apr 2024

52-WK Low

18.50

52-WK Low Date

07 Aug 2023

All Time High

70.00

All Time High Date

08 Apr 2022

All Time Low

2.67

All Time Low Date

06 Mar 2009

Nandan Denim Ltd

Nandan Denim Limited was incorporated on August 9 1994 as a private limited company with the name Nandan Exim Pvt Ltd. On January 16 2004 the company got converted into public limited company and the name was changed to Nandan Exim Ltd. Then again Company's name was changed from Nandan Exim Limited to `Nandan Denim Limited during the year 2013-14. Vedprakash D Chiripal and Brijmohan Chiripal founded the Company with the intent of manufacturing trading and exporting textiles.The Company has an integrated denim manufacturing process from spinning to delivering finished fabric. Initially the Companyoperated in the domestic and international cloth commerce sector but later expanded into the production of denim fabrics. Over the years it transitioned from an only denim manufacturer to a manufacturer of superior quality shirting and other fabrics.The Company manufactures and distributes denim fabric yarn/dyed yarn cotton fabric and shirting fabric to consumers in different parts of the globe. NDL produces primarily grey cotton fabrics khakis and denims. Moreover it specialise in manufacturing fabrics with a wide range of weaves colours textile combinations and weights. Their product offerings include denim twills stretch bull denim and broken twills among others. Additionally they provide grey cotton fabric and blend textiles. The Company's inventory primarily comprises cotton fibres denim fabrics and ready-to-wear garments.Presently the Company is engaged in textile industry for manufacturing gray cotton fabrics khakhis and denims. They also manufacture fabrics of different weaves dyes combination of yarns and weights. The range of fabrics include denim twills stretch bull denim broken twills. Their principal products include cotton grey fabric/ blended fabrics cotton yarn denim fabrics and ready made garments.The company was established for manufacturing trading and export of textile products and was promoted by Vedprakash D Chiripal and Brijmohan Chiripal.Initially the company was in the business of trading of fabrics in domestic and international markets. During the year 2003-04 they commenced implementation of Weaving (Grey) project. During the year 2004-05 the company forayed into manufacturing and weaving by installing imported air jet looms. They commenced implementation of Denim Project. In July 2005 the company further diversified into manufacturing of Denim Fabrics with an installed capacity of 100 lakh meters per annum.In March 2006 the company increased their production capacity of Denim from 100 lakh meters per annum to 200 lakh meters per annum.During the year 2006-07 the company commenced implementation of spinning project expansion of denim project and setting up of captive power plant. They commissioned their Third Line of Denim by increasing existing capacity from 20 lakh meters per annum to 30 lakh meters per annum. Also they commissioned one unit of Spinning Project.During the year 2007-08 the company increased the production capacity of Denim and Grey Fabrics from 35600000 meters to 42000000 meters. Also they increased the installed capacity of Spinning from 7200000 kg to 14400000 kg.During the year 2009-10 the company fully completed expansion project by commissioning their fourth Denim Lines. Thus the total capacity increased to 40 lakh meters per annum. Also they commissioned the spinning plant and 15 MW power project.In 2013 the Company increased installed Denim capacity to 71 MMPA; also it increased installed Spinning capacity to 54 TPD. In 2014 the Spinning capacity further was increased to 64 TPD; Installed yarn Dyed Shirting capacity to 10 MMPA; Installed Yarn Dyeing capacity of 6 TPD.

Nandan Denim Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

627

EPS - TTM (₹) [S]

1.45

P/E Ratio (X) [S]

1.14

Face Value (₹) 10
Latest Dividend (%)5.00
Latest Dividend Date 05 Sep 2019
Dividend Yield (%) -
Book Value Share (₹) [S]38.20
P/B Ratio (₹) [S]1.14
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

43.20

45.90

Week Low/High

36.05

47.00

Month Low/High

31.95

47.00

Year Low/High

18.50

47.00

All time Low/High

2.67

70.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week19.45%19.48%-2.33-2.19%
1 Month28.47%28.66%0.410.57%
3 Month57.22%56.94%-0.250.52%
6 Month81.31%81.46%10.2412.24%
1 Year97.86%98.86%20.7124.23%
3 Year324.88%323.64%49.3851.51%

Company Info

Company Information

Independent Director : Giraj Mohan Sharma

Chairman & Managing Director : Jyotiprasad Chiripal

Independent Director : Falguni Vasavada

Whole-time Director : Shaktidan Gadhavi

Independent Director : Nalini Nageswaran

Independent Director : Kirit V Joshi

Independent Director : Rahul Mehta

Company Sec. & Compli. Officer : Rinku Patel

Registered Office: 198/1 203/2 Saijpur-Gopalpur, Pirana Road Piplej,Ahmedabad,Gujarat-382405 Ph: 91-9879200199

Email:cs.ndl@chiripalgroup.com

URL:http://www.nandandenim.com