NSEI:NDL

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Executive Summary

Nandan Denim Limited manufactures and sells denim and shirting fabrics, yarns, and khakis in India. More Details


Snowflake Analysis

Adequate balance sheet and fair value.

Share Price & News

How has Nandan Denim's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.8%

NDL

0.6%

IN Luxury

-0.2%

IN Market


1 Year Return

-44.7%

NDL

-9.1%

IN Luxury

0.2%

IN Market

Return vs Industry: NDL underperformed the Indian Luxury industry which returned -9.1% over the past year.

Return vs Market: NDL underperformed the Indian Market which returned 0.2% over the past year.


Shareholder returns

NDLIndustryMarket
7 Day-0.8%0.6%-0.2%
30 Day-4.7%8.0%4.8%
90 Day-4.3%16.8%6.9%
1 Year-44.7%-44.7%-8.5%-9.1%2.0%0.2%
3 Year-88.5%-88.6%5.2%2.9%-2.4%-7.2%
5 Year-84.7%-85.2%45.9%38.5%39.9%29.3%

Price Volatility Vs. Market

How volatile is Nandan Denim's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nandan Denim undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: NDL (₹19.15) is trading below our estimate of fair value (₹176.71)

Significantly Below Fair Value: NDL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: NDL is unprofitable, so we can't compare its PE Ratio to the IN Luxury industry average.

PE vs Market: NDL is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate NDL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: NDL is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

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

44.0%

Forecasted Consumer Durables industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Nandan Denim has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Nandan Denim performed over the past 5 years?

-35.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: NDL is currently unprofitable.

Growing Profit Margin: NDL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: NDL is unprofitable, and losses have increased over the past 5 years at a rate of 35.3% per year.

Accelerating Growth: Unable to compare NDL's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: NDL is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-25.1%).


Return on Equity

High ROE: NDL has a negative Return on Equity (-4.7%), as it is currently unprofitable.


Next Steps

Financial Health

How is Nandan Denim's financial position?


Financial Position Analysis

Short Term Liabilities: NDL's short term assets (₹6.2B) exceed its short term liabilities (₹4.4B).

Long Term Liabilities: NDL's short term assets (₹6.2B) exceed its long term liabilities (₹2.8B).


Debt to Equity History and Analysis

Debt Level: NDL's debt to equity ratio (96.7%) is considered high.

Reducing Debt: NDL's debt to equity ratio has reduced from 163.3% to 96.7% over the past 5 years.

Debt Coverage: NDL's debt is well covered by operating cash flow (32.6%).

Interest Coverage: NDL is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

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

2.60%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: NDL's dividend (2.6%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: NDL's dividend (2.6%) is in the top 25% of dividend payers in the Indian market (2.29%)


Stability and Growth of Payments

Stable Dividend: NDL has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: NDL has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average management tenure


CEO

Deepak Chiripal (41 yo)

14.5yrs

Tenure

₹9,204,693

Compensation

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. Chiripa ...


CEO Compensation Analysis

Compensation vs Market: Deepak's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD54.82K).

Compensation vs Earnings: Deepak's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Deepak Chiripal
Chief Executive Officer14.5yrs₹9.20m0.27%
₹ 2.5m
Ashok Bothra
Chief Financial Officer4.42yrs₹2.35mno data
Purvee Roy
Compliance Officer & Company Secretaryno data₹970.17kno data
Jyotiprasad Chiripal
MD & Director3.33yrs₹14.40m1.31%
₹ 12.0m
Suresh Maheshwari
COO & Whole Time Director0.67yrno datano data
Pinakin Patel
Vice President of Operationsno datano datano data
Vimal Agarwal
Senior Manager of Accountsno datano datano data
Amar Nath
Deputy General Manager of Marketingno datano datano data
. Venkatpathy
Chief People Officerno datano datano data
Devenderkumar Jain
Head of Marketing (Export)no datano datano data
Kamal Bagchi
Head of Quality Assurance14.08yrsno datano data
Amrish Narayan
Head of Business (Shirting)no datano datano data

9.3yrs

Average Tenure

62.5yo

Average Age

Experienced Management: NDL's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jyotiprasad Chiripal
MD & Director3.33yrs₹14.40m1.31%
₹ 12.0m
Suresh Maheshwari
COO & Whole Time Director0.67yrno datano data
Tara Sankar Bhattacharya
Non-Executive Independent Director7.67yrs₹160.00kno data
Vedprakash Chiripal
Chairman of the Board13.67yrsno data7.51%
₹ 68.8m
Pratima Ram
Non-Executive Independent Director5.92yrs₹210.00kno data
Giraj Sharma
Non-Executive Independent Director5.92yrs₹200.00kno data

5.9yrs

Average Tenure

68yo

Average Age

Experienced Board: NDL's board of directors are considered experienced (5.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Nandan Denim Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nandan Denim Limited
  • Ticker: NDL
  • Exchange: NSEI
  • Founded: 1994
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: ₹915.335m
  • Shares outstanding: 48.05m
  • Website: https://www.nandandenim.com

Number of Employees


Location

  • Nandan Denim Limited
  • Chiripal House
  • Near Shivranjani Cross Roads
  • Ahmedabad
  • Gujarat
  • 380015
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532641BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2005
NDLNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2005

Biography

Nandan Denim Limited manufactures and sells denim and shirting fabrics, yarns, and khakis in India. It also exports its products to approximately 27 countries. The company was formerly known as Nandan Exim ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 12:43
End of Day Share Price2020/10/27 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


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.