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NAHARSPING

Nahar Spinning Mills NSEI:NAHARSPING Stock Report

Last Price

₹241.45

Market Cap

₹8.7b

7D

-6.1%

1Y

-61.3%

Updated

02 Feb, 2023

Data

Company Financials

Nahar Spinning Mills Limited

NSEI:NAHARSPING Stock Report

Mkt Cap: ₹8.7b

NAHARSPING Stock Overview

Nahar Spinning Mills Limited manufactures and sells yarns and knitted garments in India.

NAHARSPING fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends5/6

My Notes

New

Notes are coming soon

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₹241.45
52 Week High₹690.00
52 Week Low₹240.65
Beta1.13
1 Month Change-13.75%
3 Month Change-18.39%
1 Year Change-61.29%
3 Year Change443.19%
5 Year Change108.96%
Change since IPO61.99%

Recent News & Updates

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)

Recent updates

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
7D-6.1%-0.9%-3.6%
1Y-61.3%-14.0%-4.5%

Return vs Industry: NAHARSPING underperformed the Indian Luxury industry which returned -14% over the past year.

Return vs Market: NAHARSPING underperformed the Indian Market which returned -4.5% over the past year.

Price Volatility

Is NAHARSPING's price volatile compared to industry and market?
NAHARSPING volatility
NAHARSPING Average Weekly Movement5.0%
Luxury Industry Average Movement5.6%
Market Average Movement5.7%
10% most volatile stocks in IN Market9.0%
10% least volatile stocks in IN Market3.3%

Stable Share Price: NAHARSPING is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: NAHARSPING's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198010,133Dinesh Oswalhttps://www.owmnahar.com/spinning/about.php

Nahar Spinning Mills Limited manufactures and sells yarns and knitted garments 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₹8.70b
Earnings (TTM)₹3.78b
Revenue (TTM)₹35.32b

2.3x

P/E Ratio

0.2x

P/S Ratio

Is NAHARSPING overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAHARSPING income statement (TTM)
Revenue₹35.32b
Cost of Revenue₹20.93b
Gross Profit₹14.38b
Other Expenses₹10.60b
Earnings₹3.78b

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 04, 2023

Earnings per share (EPS)104.87
Gross Margin40.72%
Net Profit Margin10.71%
Debt/Equity Ratio27.1%

How did NAHARSPING perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

2%

Payout Ratio