NAHARSPINGConsumer Discretionary

Nahar Spinning Mills Limited

Other Textile Products · ISIN INE290A01027 · BSE 500296 · NSE EQ · FV ₹5
Last price
₹262
+2.63%today
What this company does

Nahar Spinning Mills Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹894 cr of revenue in its latest quarter (Q2 FY27) and kept 7.9% of sales as profit.

“Nahar Spinning Mills Limited is engaged in the business of manufacture of cotton yarn/blended yarn and hosiery knitwears.”
In the report:
71out of 100
Equitytale Health Score
Solid

Healthier than 71% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 178–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns78

How much profit it earns on the money it employs

Balance sheet51

How much it owes, and whether earnings cover the interest

Cash quality86

Whether reported profit actually arrives as cash

Growth & consistency34

Whether sales and profit have grown, and how steadily

Valuation91

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Sales up 15% vs last year
✓ Promoters hold 68%
✓ No promoter shares pledged
✓ Strong 17% return on equity
✓ Turns profit into real cash
Watch-outs
! Thin 7.9% net margin

What if I invest in NAHARSPING?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹262▲ +2.63%
latest close · 2026-11-04
1-year return
-41.5%
52-wk low ₹22852-wk high ₹690
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio3.3Low
LowAverageHigh
P/B ratio0.57Below book
Below bookModerateHigh
EV / EBITDA3.4Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity17.1%Strong
WeakFairStrong ▸15%
Return on capital20.8%Strong
WeakFairStrong
Net margin7.9%Decent
ThinDecentStrong
EBITDA margin14.7%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.51Moderate
LowModerateHigh ▸1
Interest cover8.0×Strong
RiskyOkayStrong ▸5×
Current ratio2.17Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹944 cr
Book value
₹460
EPS
₹19.69
latest quarter
Net debt
₹851 cr
owes more than its cash
Enterprise value
₹1,795 cr
EBITDA
₹526 cr
annualised
EBIT
₹420 cr
annualised
Operating margin
11.7%
Return on assets
10.4%
Earnings yield
30.08%
P/S
0.26
Sales / share
₹992.0
Tax rate
22.7%
Face value
₹5
Shares
3.6 cr
Working capital
₹826 cr
Current assets
₹1,534 cr
Current liabilities
₹708 cr
Delivery %
63.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹71–₹71, midpoint ₹71

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹894 cr
Other Income₹14 cr
Total Income₹908 cr
Cost of Materials₹583 cr
Purchases of Stock-in-Trade₹1 cr
Inventory Change (±)₹-42 cr
Employee Benefit Expense₹84 cr
Finance Costs₹13 cr
Depreciation & Amortisation₹26 cr
Other Expenses₹150 cr
Total Expenses₹816 cr
Profit before Tax₹92 cr
Tax Expense₹21 cr
Net Profit₹71 cr
Net margin on total income7.8%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹542 cr59.7%
Employee benefit expense₹84 cr9.3%
Finance costs₹13 cr1.4%
Depreciation & amortisation₹26 cr2.9%
Other expenses₹150 cr16.5%
Tax expense₹21 cr2.3%
Profit for the period₹71 cr7.8%
Total income ₹908 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue917 cr966 cr894 cr
Total income922 cr976 cr908 cr
Expenses893 cr882 cr816 cr
Profit before tax29 cr93 cr92 cr
Tax6 cr24 cr21 cr
Net profit (owners' share)23 cr70 cr71 cr
Net margin (owners' share, on revenue)2.6%7.2%7.9%
EPS (₹)6.4519.3819.69
YoY (latest quarter): total income +16.3% · net profit —
Balance sheet & cash flow · as of Sep 2026
Moderate debt
Total assets
₹2,722 cr
Shareholder equity
₹1,661 cr
parent shareholders
Total debt
₹851 cr
Cash
₹40.4 L
Cash flow · H1 FY27
Operating
₹299 cr
Investing
₹-155 cr
Financing
₹-145 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,160₹39,649 cr28.7
Welspun Living Limited₹253₹23,909 cr34.0
Vardhman Textiles Limited₹510₹14,513 cr11.7
Trident Limited₹24₹12,123 cr17.5
Indo Count Industries Limited₹467₹9,246 cr36.6
Garware Technical Fibres Limited₹739₹7,216 cr30.8
Kusumgar Limited₹563₹5,911 cr33.7
Sanathan Textiles Limited₹520₹4,385 cr46.1
Alok Industries Limited₹8₹4,057 cr—
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.38%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 4 Sep 2026
ActionDetailEx-date
Dividend₹1 / share4 Sep 2026
Dividend₹1 / share4 Sep 2025
Dividend₹1 / share6 Sep 2024
Dividend₹1.5 / share8 Sep 2023
Dividend₹2 / share11 Aug 2022
Dividend₹1.5 / share16 Nov 2021
Who owns it · 2026-09-30
No pledge
Promoter
68.0%
FII / Foreign
0.1%
DII / Domestic
0.0%
Retail / others
31.9%
Promoter stake up 1.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtNAHAR CAPITAL AND FINANCIAL SERVICES LIMITED · Promoter Group18,559 · ₹37.6 L27 Mar 26
BoughtNAHAR CAPITAL AND FINANCIAL SERVICES LIMITED · Promoter Group10,000 · ₹20.3 L23 Mar 26
BoughtNAHAR CAPITAL AND FINANCIAL SERVICES LIMITED · Promoter Group14,000 · ₹28.7 L19 Mar 26
Bulk / block deals
BoughtGRAVITON RESEARCH CAPITAL LLP · NSE2.06 L @ ₹323.9531 Jan 24
SoldGRAVITON RESEARCH CAPITAL LLP · NSE2.06 L @ ₹324.1831 Jan 24
SoldGRAVITON RESEARCH CAPITAL LLP · NSE1.83 L @ ₹311.3923 Nov 23
Stake changes
BoughtAnil Kumar Goel→ 7.12% · 7.26 L22 Feb 22
BoughtAnil Kumar Goel→ 5.12% · 1.15 L23 Aug 21
BoughtNahar Capital and Financial Services Ltd · promoter→ 44.41% · 57.59 L10 Sep 19
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2026
See the official result
1
ADOPTION OF FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2026
Backed by 99% of shareholders other than promotersneeded 50%
65,886 votes for, 357 against · 0% of mutual funds and other big investors said no
2
DECLARATION OF RS. 1/- DIVIDEND PER EQUITY SHARE OF RS. 5/- FOR THE FINANCIAL YEAR ENDED 31ST MARCH, 2026
Backed by 99% of shareholders other than promotersneeded 50%
65,886 votes for, 357 against · 0% of mutual funds and other big investors said no
3
APPOINTMENT OF MR. JAWAHAR LAL OSWAL (DIN: 00463866) AS A NON-EXECUTIVE DIRECTOR LIABLE TO RETIRE BY ROTATION
Backed by 96% of shareholders other than promotersneeded 50%
63,498 votes for, 2,745 against · 0% of mutual funds and other big investors said no
4
APPOINTMENT OF MR. SATISH KUMAR SHARMA (DIN: 00402712) AS A NON-EXECUTIVE DIRECTOR LIABLE TO RETIRE BY ROTATION
Backed by 98% of shareholders other than promotersneeded 50%
64,998 votes for, 1,245 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 30 named members
owning 68.0% between them · as of 2026-09-30
Nahar Capital and Financial Services Ltd.47.07%
Nahar Poly Films Limited19.14%
Shankheshwar Holding Co. Ltd.1.03%
Dinesh Oswal0.34%
Jawahar Lal Oswal0.25%
Kamal Oswal0.07%
Abhilash Oswal0.04%
Monica Oswal0.03%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.