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Nahar Spinning Mills NSEI:NAHARSPING Stock Report

Last Price

₹260.70

Market Cap

₹9.4b

7D

9.3%

1Y

-15.2%

Updated

01 Dec, 2024

Data

Company Financials

Nahar Spinning Mills Limited

NSEI:NAHARSPING Stock Report

Market Cap: ₹9.4b

NAHARSPING Stock Overview

Manufactures and sells yarns and garments in India. More details

NAHARSPING fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends1/6

Nahar Spinning Mills Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nahar Spinning Mills
Historical stock prices
Current Share Price₹260.70
52 Week High₹384.50
52 Week Low₹225.00
Beta0.86
11 Month Change-4.51%
3 Month Change-21.83%
1 Year Change-15.19%
33 Year Change-47.79%
5 Year Change526.68%
Change since IPO74.91%

Recent News & Updates

The Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Don't Inspire Confidence

Oct 08
The Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Don't Inspire Confidence

Recent updates

The Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Don't Inspire Confidence

Oct 08
The Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Don't Inspire Confidence

Nahar Spinning Mills (NSE:NAHARSPING) Has Announced That Its Dividend Will Be Reduced To ₹1.00

Aug 22
Nahar Spinning Mills (NSE:NAHARSPING) Has Announced That Its Dividend Will Be Reduced To ₹1.00

Further Upside For Nahar Spinning Mills Limited (NSE:NAHARSPING) Shares Could Introduce Price Risks After 28% Bounce

Jul 04
Further Upside For Nahar Spinning Mills Limited (NSE:NAHARSPING) Shares Could Introduce Price Risks After 28% Bounce

Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Paint A Concerning Picture

Jul 03
Returns On Capital At Nahar Spinning Mills (NSE:NAHARSPING) Paint A Concerning Picture

Nahar Spinning Mills (NSE:NAHARSPING) Could Be Struggling To Allocate Capital

Mar 18
Nahar Spinning Mills (NSE:NAHARSPING) Could Be Struggling To Allocate Capital

Nahar Spinning Mills (NSE:NAHARSPING) Takes On Some Risk With Its Use Of Debt

Aug 23
Nahar Spinning Mills (NSE:NAHARSPING) Takes On Some Risk With Its Use Of Debt

Nahar Spinning Mills (NSE:NAHARSPING) Is Doing The Right Things To Multiply Its Share Price

Mar 30
Nahar Spinning Mills (NSE:NAHARSPING) Is Doing The Right Things To Multiply Its Share Price

Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?

Feb 08
Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?

Returns on Capital Paint A Bright Future For Nahar Spinning Mills (NSE:NAHARSPING)

Dec 01
Returns on Capital Paint A Bright Future For Nahar Spinning Mills (NSE:NAHARSPING)

Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Not Telling The Full Story

Nov 08
Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Not Telling The Full Story

Nahar Spinning Mills (NSE:NAHARSPING) Has A Pretty Healthy Balance Sheet

Jul 21
Nahar Spinning Mills (NSE:NAHARSPING) Has A Pretty Healthy Balance Sheet

Investors Shouldn't Overlook Nahar Spinning Mills' (NSE:NAHARSPING) Impressive Returns On Capital

Apr 14
Investors Shouldn't Overlook Nahar Spinning Mills' (NSE:NAHARSPING) Impressive Returns On Capital

Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?

Dec 14
Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?

Nahar Spinning Mills' (NSE:NAHARSPING) Promising Earnings May Rest On Soft Foundations

Nov 16
Nahar Spinning Mills' (NSE:NAHARSPING) Promising Earnings May Rest On Soft Foundations

Is Nahar Spinning Mills (NSE:NAHARSPING) Using Too Much Debt?

Jun 18
Is Nahar Spinning Mills (NSE:NAHARSPING) Using Too Much Debt?

Nahar Spinning Mills (NSE:NAHARSPING) May Have Issues Allocating Its Capital

May 14
Nahar Spinning Mills (NSE:NAHARSPING) May Have Issues Allocating Its Capital

MD & Executive Director Dinesh Oswal Just Bought 71% More Shares In Nahar Spinning Mills Ltd (NSE:NAHARSPING)

Mar 05
MD & Executive Director Dinesh Oswal Just Bought 71% More Shares In Nahar Spinning Mills Ltd (NSE:NAHARSPING)

Does Nahar Spinning Mills' (NSE:NAHARSPING) Returns On Capital Reflect Well On The Business?

Feb 04
Does Nahar Spinning Mills' (NSE:NAHARSPING) Returns On Capital Reflect Well On The Business?

How Much Are Nahar Spinning Mills Ltd (NSE:NAHARSPING) Insiders Spending On Buying Shares?

Dec 07
How Much Are Nahar Spinning Mills Ltd (NSE:NAHARSPING) Insiders Spending On Buying Shares?

Shareholder Returns

NAHARSPINGIN LuxuryIN Market
7D9.3%2.0%2.9%
1Y-15.2%8.6%27.9%

Return vs Industry: NAHARSPING underperformed the Indian Luxury industry which returned 8.6% over the past year.

Return vs Market: NAHARSPING underperformed the Indian Market which returned 27.9% over the past year.

Price Volatility

Is NAHARSPING's price volatile compared to industry and market?
NAHARSPING volatility
NAHARSPING Average Weekly Movement6.1%
Luxury Industry Average Movement6.0%
Market Average Movement6.1%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market4.0%

Stable Share Price: NAHARSPING has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: NAHARSPING's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198010,444n/awww.owmnahar.com

Nahar Spinning Mills Limited manufactures and sells yarns and garments in India. It offers compact yarn, multi slub yarn, injected slub, duel slub, vario siro yarn, multi count, and twist yarn; organic cotton, blends, recycle cotton blends, BCI, and regenagri cotton; polyester virgin and recycled ring spun yarn; polyester, cotton blends, recycle polyester blends zero twist yarn; and melange yarn. Nahar Spinning Mills Limited was incorporated in 1980 and is based in Ludhiana, India.

Nahar Spinning Mills Limited Fundamentals Summary

How do Nahar Spinning Mills's earnings and revenue compare to its market cap?
NAHARSPING fundamental statistics
Market cap₹9.37b
Earnings (TTM)-₹252.41m
Revenue (TTM)₹31.74b

0.3x

P/S Ratio

-37.1x

P/E Ratio

Is NAHARSPING overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NAHARSPING income statement (TTM)
Revenue₹31.74b
Cost of Revenue₹21.88b
Gross Profit₹9.87b
Other Expenses₹10.12b
Earnings-₹252.41m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-7.00
Gross Margin31.09%
Net Profit Margin-0.80%
Debt/Equity Ratio49.2%

How did NAHARSPING perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

-7%

Payout Ratio