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Nandan Denim

NSEI:NDL
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
NDL
NSEI
₹2B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Nandan Denim Limited manufactures and sells denim and shirting fabrics, and khakis in India. The last earnings update was 73 days ago. More info.


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NDL Share Price and Events
7 Day Returns
-1.7%
NSEI:NDL
0.9%
IN Luxury
0.8%
IN Market
1 Year Returns
-61.2%
NSEI:NDL
-3.2%
IN Luxury
-0.7%
IN Market
NDL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Nandan Denim (NDL) -1.7% -9.5% -15.4% -61.2% -61.8% 48.1%
IN Luxury 0.9% 1.7% 8.7% -3.2% 48.8% 161.5%
IN Market 0.8% 2.8% 5.9% -0.7% 41.2% 72.5%
1 Year Return vs Industry and Market
  • NDL underperformed the Luxury industry which returned -3.2% over the past year.
  • NDL underperformed the Market in India which returned -0.7% over the past year.
Price Volatility
NDL
Industry
5yr Volatility vs Market
Related Companies

NDL Value

 Is Nandan Denim undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Nandan Denim. This is due to cash flow or dividend data being unavailable. The share price is ₹50.5.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Nandan Denim's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Nandan Denim's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:NDL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹5.76
BSE:532641 Share Price ** BSE (2019-04-22) in INR ₹50.9
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.25x
India Market PE Ratio Median Figure of 2,738 Publicly-Listed Companies 16.33x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Nandan Denim.

NSEI:NDL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:532641 Share Price ÷ EPS (both in INR)

= 50.9 ÷ 5.76

8.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nandan Denim is good value based on earnings compared to the IN Luxury industry average.
  • Nandan Denim is good value based on earnings compared to the India market.
Price based on expected Growth
Does Nandan Denim's expected growth come at a high price?
Raw Data
NSEI:NDL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
10.4%per year
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.55x
India Market PEG Ratio Median Figure of 585 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Nandan Denim, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Nandan Denim's assets?
Raw Data
NSEI:NDL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹100.58
BSE:532641 Share Price * BSE (2019-04-22) in INR ₹50.9
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.74x
India Market PB Ratio Median Figure of 3,628 Publicly-Listed Companies 1.11x
NSEI:NDL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532641 Share Price ÷ Book Value per Share (both in INR)

= 50.9 ÷ 100.58

0.51x

* Primary Listing of Nandan Denim.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nandan Denim is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Nandan Denim's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Nandan Denim has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

NDL Future Performance

 How is Nandan Denim expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Nandan Denim, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Nandan Denim expected to grow at an attractive rate?
  • Nandan Denim's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Nandan Denim's earnings growth is positive but not above the India market average.
  • Unable to compare Nandan Denim's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:NDL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:NDL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 10.4%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:NDL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:NDL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:NDL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 14,742 186
2018-09-30 14,957 277
2018-06-30 15,380 357
2018-03-31 15,983 658 467
2017-12-31 15,845 622
2017-09-30 14,559 569
2017-06-30 13,436 572
2017-03-31 12,383 1,691 725
2016-12-31 11,327 576
2016-09-30 11,848 645
2016-06-30 11,767 638
2016-03-31 11,567 1,466 633

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Nandan Denim's earnings are expected to grow by 10.4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Nandan Denim is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:NDL Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Nandan Denim Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NDL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:NDL Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31
2018-09-30 5.76
2018-06-30 7.42
2018-03-31 9.72
2017-12-31 13.02
2017-09-30 11.92
2017-06-30 11.87
2017-03-31 15.19
2016-12-31 12.27
2016-09-30 13.87
2016-06-30 13.91
2016-03-31 13.90

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Nandan Denim will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Nandan Denim's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Nandan Denim has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

NDL Past Performance

  How has Nandan Denim performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Nandan Denim's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Nandan Denim's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Nandan Denim's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Nandan Denim's 1-year earnings growth is negative, it can't be compared to the IN Luxury industry average.
Earnings and Revenue History
Nandan Denim's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Nandan Denim Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:NDL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 14,741.88 185.73 836.61
2018-09-30 14,956.61 276.64 825.93
2018-06-30 15,380.08 356.51 797.10
2018-03-31 15,983.49 467.25 816.98
2017-12-31 15,844.59 622.04 752.20
2017-09-30 14,559.46 569.06 697.27
2017-06-30 13,436.13 572.11 636.84
2017-03-31 12,382.99 725.47 602.85
2016-12-31 11,326.62 576.20 621.88
2016-09-30 11,848.05 644.84 614.36
2016-06-30 11,767.12 637.94 599.65
2016-03-31 11,567.25 633.22 562.05
2015-12-31 11,407.21 621.21 670.53
2015-09-30 11,309.45 591.09 668.55
2015-06-30 11,133.55 554.07 462.15
2015-03-31 10,965.33 514.34 446.03
2014-12-31 10,570.72 484.55 483.95
2014-09-30 10,002.44 449.72 451.33
2014-06-30 9,523.20 412.75 434.20
2014-03-31 8,937.52 393.10 422.43
2013-12-31 8,220.28 362.57 422.54
2013-09-30 7,829.13 342.25 391.00
2013-06-30 7,343.35 340.13 271.58
2013-03-31 7,031.21 310.53 368.99
2012-12-31 6,849.16 244.55 294.31
2012-09-30 6,478.13 205.98 283.27
2012-06-30 6,164.75 201.47 205.48

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Nandan Denim has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Nandan Denim used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Nandan Denim's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Nandan Denim's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Nandan Denim has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

NDL Health

 How is Nandan Denim's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Nandan Denim's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Nandan Denim is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nandan Denim's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Nandan Denim's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Nandan Denim Company Filings, last reported 3 months ago.

NSEI:NDL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 4,831.77 5,676.43 156.95
2018-09-30 4,831.77 5,676.43 156.95
2018-06-30 4,747.93 5,724.00 271.98
2018-03-31 4,747.93 6,402.82 176.56
2017-12-31 4,435.38 5,773.64 816.45
2017-09-30 4,435.38 5,773.64 816.45
2017-06-30 4,201.01 5,797.37 685.43
2017-03-31 4,376.14 6,377.03 169.70
2016-12-31 3,957.01 5,718.11 516.14
2016-09-30 3,957.01 5,718.11 516.14
2016-06-30 3,384.34 5,300.27 649.02
2016-03-31 3,384.34 5,108.40 649.02
2015-12-31 2,899.89 4,621.44 612.39
2015-09-30 2,899.89 4,621.44 612.39
2015-06-30 2,588.28 4,228.69 601.03
2015-03-31 2,588.83 4,708.58 601.03
2014-12-31 2,399.37 3,825.72 280.35
2014-09-30 2,399.37 3,825.72 280.35
2014-06-30 2,165.06 4,517.00 260.73
2014-03-31 2,165.06 4,517.00 260.73
2013-12-31 2,013.59 4,172.52 280.52
2013-09-30 2,013.59 4,172.52 280.52
2013-06-30 1,835.91 3,654.75 199.28
2013-03-31 1,835.91 4,015.46 199.28
2012-12-31 1,735.29 2,901.00 118.55
2012-09-30 1,735.29 2,901.00 118.55
2012-06-30
  • Nandan Denim's level of debt (117.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (207.2% vs 117.5% today).
  • Debt is not well covered by operating cash flow (11.6%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Nandan Denim's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Nandan Denim has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

NDL Dividends

 What is Nandan Denim's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.57%
Current annual income from Nandan Denim dividends.
If you bought ₹2,000 of Nandan Denim shares you are expected to receive ₹31 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Nandan Denim's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Nandan Denim's dividend is below the markets top 25% of dividend payers in India (1.92%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:NDL Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:NDL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:NDL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-09-10 0.800 1.333
2017-09-07 1.600 1.362
2016-08-10 1.600 1.269
2016-07-22 1.600 1.195
2016-05-30 1.600 1.137
2016-03-11 1.600 1.215
2016-02-12 1.800 1.504
2015-09-10 2.000 1.498
2015-02-03 1.200 1.423
2014-09-09 1.200 2.359
2014-02-04 1.200 3.163
2013-08-12 1.200 4.111
2013-05-30 1.200 4.048
2012-09-26 1.000 3.628
2009-04-23 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Nandan Denim has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Nandan Denim has only been paying a dividend for 7 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Nandan Denim's earnings are paid to the shareholders as a dividend.
  • Dividends paid are thoroughly covered by earnings (7.2x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Nandan Denim's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Nandan Denim afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Nandan Denim has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

NDL Management

 What is the CEO of Nandan Denim's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Deepak Chiripal
COMPENSATION ₹9,204,696
AGE 39
TENURE AS CEO 13 years
CEO Bio

Mr. Deepak J. Chiripal has been the Chief Executive Officer of Nandan Denim Limited (formerly, Nandan Exim Ltd) since April 1, 2006. Mr. Chiripal served as Managing Director of Nandan Exim Ltd. Mr. Chiripal served as Director of Shanti Educational Initiatives Limited until December 05, 2013.

CEO Compensation
  • Deepak's compensation has been consistent with company performance over the past year.
  • Deepak's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Nandan Denim management team in years:

7.8
Average Tenure
59
Average Age
  • The average tenure for the Nandan Denim management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Deepak Chiripal

TITLE
Chief Executive Officer
COMPENSATION
₹9M
AGE
39
TENURE
13 yrs

Jyotiprasad Chiripal

TITLE
MD & Director
COMPENSATION
₹14M
AGE
65
TENURE
1.8 yrs

Ashok Bothra

TITLE
Chief Financial Officer
COMPENSATION
₹2M
TENURE
2.9 yrs

Purvee Roy

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹853K

Prakashkumar Sharma

TITLE
Whole-Time Director
COMPENSATION
₹2M
AGE
59

Pinakin Patel

TITLE
Vice President of Operations

Amar Nath

TITLE
Deputy General Manager of Marketing
AGE
53

Kamal Bagchi

TITLE
Head of Quality Assurance
AGE
75
TENURE
12.6 yrs
Board of Directors Tenure

Average tenure and age of the Nandan Denim board of directors in years:

4.4
Average Tenure
65
Average Age
  • The tenure for the Nandan Denim board of directors is about average.
Board of Directors

Vedprakash Chiripal

TITLE
Chairman of the Board
AGE
67
TENURE
12.2 yrs

Jyotiprasad Chiripal

TITLE
MD & Director
COMPENSATION
₹14M
AGE
65
TENURE
1.8 yrs

Prakashkumar Sharma

TITLE
Whole-Time Director
COMPENSATION
₹2M
AGE
59
TENURE
1.8 yrs

Tara Sankar Bhattacharya

TITLE
Non-Executive Independent Director
COMPENSATION
₹140K
AGE
70
TENURE
6.2 yrs

Giraj Sharma

TITLE
Non-Executive Independent Director
COMPENSATION
₹200K
AGE
57
TENURE
4.4 yrs

Jaiprakash Chiripal

TITLE
Additional Non-Executive Director
AGE
59

Pratima Ram

TITLE
Non-Executive Independent Director
COMPENSATION
₹200K
AGE
68
TENURE
4.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
09. Jan 19 Buy Chiripal Exim LLP Company 07. Jan 19 07. Jan 19 50,000 ₹65.55 ₹3,277,499
17. Dec 18 Buy Vedprakash Chiripal Individual 14. Dec 18 14. Dec 18 40,000 ₹64.06 ₹2,562,397
02. Aug 18 Buy Chiripal Exim LLP Company 30. Jul 18 31. Jul 18 88,957 ₹72.71 ₹6,349,189
20. Jun 18 Buy Vedprakash Chiripal Individual 18. Jun 18 18. Jun 18 43,500 ₹94.09 ₹4,092,912
08. Jun 18 Buy Chiripal Exim LLP Company 05. Jun 18 05. Jun 18 21,975 ₹80.34 ₹1,765,580
08. May 18 Buy Vedprakash Chiripal Individual 04. May 18 04. May 18 50,000 ₹124.13 ₹6,206,738
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Management checks
We assess Nandan Denim's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Nandan Denim has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

NDL News

Simply Wall St News

How Do Nandan Denim Limited’s (NSE:NDL) Returns On Capital Compare To Peers?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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Does Nandan Denim Limited's (NSE:NDL) P/E Ratio Signal A Buying Opportunity?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Nandan Denim has a price to earnings ratio of 9.28, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Zooming in on NSE:NDL's 1.5% Dividend Yield

Historically, Nandan Denim Limited (NSE:NDL) has paid a dividend to shareholders. … Let's dig deeper into whether Nandan Denim should have a place in your portfolio. … See our latest analysis for Nandan Denim

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Did You Manage To Avoid Nandan Denim's Painful 69% Share Price Drop?

In that relatively short period, the share price has plunged 69%. … We note that it has not been easy for shareholders over three years, either; the share price is down 64% in that time. … One flawed but reasonable way to assess how sentiment around a company has changed, is to compare the earnings per share (EPS) with the share price.

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Do Insiders Own Lots Of Shares In Nandan Denim Limited (NSE:NDL)?

If you want to know who really controls Nandan Denim Limited (NSE:NDL), then you'll have to look at the makeup of its share registry. … Taking a look at the our data on the ownership groups (below), it's seems that. … We can zoom in on the different ownership groups, to learn more about NDL

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Does Nandan Denim Limited's (NSE:NDL) CEO Salary Compare Well With Others?

Deepak Chiripal has been the CEO of Nandan Denim Limited (NSE:NDL) since 2006. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Deepak Chiripal's Compensation Compare With Similar Sized Companies?

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Who Has Been Buying Nandan Denim Limited (NSE:NDL) Shares?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So before you buy or sell Nandan Denim Limited (NSE:NDL), you may well want to know whether insiders have been buying or selling. … Nandan Denim Insider Transactions Over The Last Year.

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Does Nandan Denim Limited (NSE:NDL)'s Capital Return Make The Cut?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … Thus, to understand how your money can grow by investing in Nandan Denim, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Nandan Denim's Return On Capital Employed

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Do Insiders Own Shares In Nandan Denim Limited (NSE:NDL)?

Nandan Denim is not a large company by global standards. … institutional investors have bought into the company … View our latest analysis for Nandan Denim

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Is Nandan Denim Limited's (NSE:NDL) CEO Incentives Align With Yours?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Deepak Chiripal's Compensation Compare With Similar Sized Companies. … Thus we can conclude that Deepak Chiripal receives more in total compensation than the median of a group of companies in the same market, and of similar size to Nandan Denim Limited

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NDL Company Info

Description

Nandan Denim Limited manufactures and sells denim and shirting fabrics, and khakis in India. It also exports its products to approximately 27 countries. The company was formerly known as Nandan Exim Limited and changed its name to Nandan Denim Limited in November 2013. Nandan Denim Limited was incorporated in 1994 and is headquartered in Ahmedabad, India.

Details
Name: Nandan Denim Limited
NDL
Exchange: NSEI
Founded: 1994
₹2,481,733,742
48,049,056
Website: http://www.nandandenim.com
Address: Nandan Denim Limited
Chiripal House,
Near Shivranjani Cross Roads,
Ahmedabad,
Gujarat, 380015,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532641 Equity Shares Mumbai Stock Exchange IN INR 13. Jun 2005
NSEI NDL Equity Shares National Stock Exchange of India IN INR 13. Jun 2005
Number of employees
Current staff
Staff numbers
3,000
Nandan Denim employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 12:56
End of day share price update: 2019/04/22 00:00
Last estimates confirmation: 2018/05/26
Last earnings filing: 2019/02/08
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.