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Nahar Spinning Mills NSEI:NAHARSPING Stock Report

Last Price

₹238.15

Market Cap

₹9.0b

7D

-11.7%

1Y

-15.7%

Updated

10 Jan, 2025

Data

Company Financials

Nahar Spinning Mills Limited

NSEI:NAHARSPING Stock Report

Market Cap: ₹9.0b

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

My Notes

Capture your thoughts, links and company narrative

Nahar Spinning Mills Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Nahar Spinning Mills
Historical stock prices
Current Share Price₹238.15
52 Week High₹384.50
52 Week Low₹225.00
Beta0.92
1 Month Change-17.88%
3 Month Change-15.88%
1 Year Change-15.68%
3 Year Change-61.54%
5 Year Change358.86%
Change since IPO59.78%

Recent News & Updates

Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Bounce 27% But Its Business Still Trails The Industry

Dec 19
Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Bounce 27% But Its Business Still Trails The Industry

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

Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Bounce 27% But Its Business Still Trails The Industry

Dec 19
Nahar Spinning Mills Limited's (NSE:NAHARSPING) Shares Bounce 27% But Its Business Still Trails The Industry

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
7D-11.7%-3.0%-3.3%
1Y-15.7%6.7%13.4%

Return vs Industry: NAHARSPING underperformed the Indian Luxury industry which returned 6.7% over the past year.

Return vs Market: NAHARSPING underperformed the Indian Market which returned 13.4% over the past year.

Price Volatility

Is NAHARSPING's price volatile compared to industry and market?
NAHARSPING volatility
NAHARSPING Average Weekly Movement6.2%
Luxury Industry Average Movement6.3%
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₹9.02b
Earnings (TTM)-₹252.41m
Revenue (TTM)₹31.74b

0.3x

P/S Ratio

-34.3x

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

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/10 15:56
End of Day Share Price 2025/01/10 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nahar Spinning Mills Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution