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Nahar Spinning Mills NSEI:NAHARSPING Stock Report

Last Price

₹274.65

Market Cap

₹9.8b

7D

1.2%

1Y

15.7%

Updated

26 Mar, 2024

Data

Company Financials

Nahar Spinning Mills Limited

NSEI:NAHARSPING Stock Report

Market Cap: ₹9.8b

NAHARSPING Stock Overview

Nahar Spinning Mills Limited manufactures and sells yarns and hosiery knitwear products in India.

NAHARSPING fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends3/6

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₹274.65
52 Week High₹359.60
52 Week Low₹232.00
Beta0.92
1 Month Change-10.44%
3 Month Change-3.33%
1 Year Change15.74%
3 Year Change163.83%
5 Year Change201.48%
Change since IPO84.27%

Recent News & Updates

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

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

Recent updates

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?

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

Aug 24
Does Nahar Spinning Mills (NSE:NAHARSPING) Have A Healthy Balance Sheet?

Are Insiders Buying Nahar Spinning Mills Ltd (NSE:NAHARSPING) Stock?

Jul 20
Are Insiders Buying Nahar Spinning Mills Ltd (NSE:NAHARSPING) Stock?

Shareholder Returns

NAHARSPINGIN LuxuryIN Market
7D1.2%2.7%2.3%
1Y15.7%37.2%48.6%

Return vs Industry: NAHARSPING underperformed the Indian Luxury industry which returned 37% over the past year.

Return vs Market: NAHARSPING underperformed the Indian Market which returned 47.6% over the past year.

Price Volatility

Is NAHARSPING's price volatile compared to industry and market?
NAHARSPING volatility
NAHARSPING Average Weekly Movement7.8%
Luxury Industry Average Movement6.7%
Market Average Movement6.6%
10% most volatile stocks in IN Market10.1%
10% least volatile stocks in IN Market4.0%

Stable Share Price: NAHARSPING's share price has been volatile over the past 3 months.

Volatility Over Time: NAHARSPING's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19809,868Dinesh Oswalhttps://www.owmnahar.com/spinning/about.php

Nahar Spinning Mills Limited manufactures and sells yarns and hosiery knitwear products in India. It offers raw white combed, raw white carded/open end, dyed, organic cotton, fair trade cotton, better cotton initiative, melange, gassed/mercerized, compact spun, blended, synthetic/man-made fiber, and cleaner yarns, as well as grindle, space-dyed, slub, core spun, high twist, reverse twist, and elitwist yarns. The company also provides woolen/cotton hosiery knitwears and woolen textiles; and T-shirts.

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₹9.84b
Earnings (TTM)-₹354.35m
Revenue (TTM)₹29.82b

0.3x

P/S Ratio

-27.8x

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₹29.82b
Cost of Revenue₹21.18b
Gross Profit₹8.64b
Other Expenses₹9.00b
Earnings-₹354.35m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-9.83
Gross Margin28.98%
Net Profit Margin-1.19%
Debt/Equity Ratio46.3%

How did NAHARSPING perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

5%

Payout Ratio
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