Nahar Spinning Mills Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: March 6, 2026, 2:52 am

Market Cap	708 Cr.
Current Price	196
Intrinsic Value	₹40.68
High / Low	311/149
Stock P/E	31.7
Book Value	425
Dividend Yield	0.51 %
ROCE	3.71 %
ROE	0.71 %
Face Value	5.00
PEG Ratio	-0.67

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Nahar Spinning Mills Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Nahar Spinning Mills Ltd	708 Cr.	196	311/149	31.7	425	0.51 %	3.71 %	0.71 %	5.00
Rupa & Company Ltd	1,094 Cr.	138	233/131	15.9	127	2.18 %	10.9 %	8.39 %	1.00
T T Ltd (TTL)	237 Cr.	9.19	17.9/6.42		4.87	0.54 %	1.49 %	8.57 %	1.00
Filatex Fashions Ltd	175 Cr.	0.21	0.74/0.20	40.8	2.78	0.00 %	0.63 %	0.41 %	1.00
Alan Scott Industries Ltd	141 Cr.	247	404/92.0		14.2	0.00 %	14.2 %	142 %	10.0
Industry Average	515.13 Cr	99.56		29.81	87.13	0.51%	6.49%	18.42%	4.60

All Competitor Stocks of Nahar Spinning Mills Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	554	724	749	728	758	815	821	776	812	876	819	779	703
Expenses	551	690	740	715	739	775	768	771	774	809	761	753	688
Operating Profit	4	34	9	13	18	40	53	5	38	66	58	26	15
OPM %	1%	5%	1%	2%	2%	5%	6%	1%	5%	8%	7%	3%	2%
Other Income	6	8	3	3	1	5	1	16	2	10	3	2	4
Interest	6	8	15	13	16	22	21	18	15	20	17	11	13
Depreciation	18	20	20	21	23	24	24	24	24	24	23	23	23
Profit before tax	-14	15	-23	-18	-20	0	9	-21	1	32	21	-7	-17
Tax %	-23%	33%	-24%	-1%	-24%	385%	26%	-19%	42%	31%	24%	-34%	-24%
Net Profit	-11	10	-18	-18	-15	-0	7	-17	1	22	16	-5	-13
EPS in Rs	-3.05	2.71	-4.85	-4.99	-4.21	-0.10	1.84	-4.84	0.21	6.21	4.42	-1.29	-3.58

Last Updated: March 3, 2026, 6:46 pm

Below is a detailed analysis of the quarterly data for Nahar Spinning Mills Ltd based on the most recent figures (Dec 2025) and their trends compared to the previous period:

For Sales, as of Dec 2025, the value is 703.00 Cr.. The value appears to be declining and may need further review. It has decreased from 779.00 Cr. (Sep 2025) to 703.00 Cr., marking a decrease of 76.00 Cr..
For Expenses, as of Dec 2025, the value is 688.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 753.00 Cr. (Sep 2025) to 688.00 Cr., marking a decrease of 65.00 Cr..
For Operating Profit, as of Dec 2025, the value is 15.00 Cr.. The value appears to be declining and may need further review. It has decreased from 26.00 Cr. (Sep 2025) to 15.00 Cr., marking a decrease of 11.00 Cr..
For OPM %, as of Dec 2025, the value is 2.00%. The value appears to be declining and may need further review. It has decreased from 3.00% (Sep 2025) to 2.00%, marking a decrease of 1.00%.
For Other Income, as of Dec 2025, the value is 4.00 Cr.. The value appears strong and on an upward trend. It has increased from 2.00 Cr. (Sep 2025) to 4.00 Cr., marking an increase of 2.00 Cr..
For Interest, as of Dec 2025, the value is 13.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 11.00 Cr. (Sep 2025) to 13.00 Cr., marking an increase of 2.00 Cr..
For Depreciation, as of Dec 2025, the value is 23.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2025) which recorded 23.00 Cr..
For Profit before tax, as of Dec 2025, the value is -17.00 Cr.. The value appears to be declining and may need further review. It has decreased from -7.00 Cr. (Sep 2025) to -17.00 Cr., marking a decrease of 10.00 Cr..
For Tax %, as of Dec 2025, the value is -24.00%. The value appears to be increasing, which may not be favorable. It has increased from -34.00% (Sep 2025) to -24.00%, marking an increase of 10.00%.
For Net Profit, as of Dec 2025, the value is -13.00 Cr.. The value appears to be declining and may need further review. It has decreased from -5.00 Cr. (Sep 2025) to -13.00 Cr., marking a decrease of 8.00 Cr..
For EPS in Rs, as of Dec 2025, the value is -3.58. The value appears to be declining and may need further review. It has decreased from -1.29 (Sep 2025) to -3.58, marking a decrease of 2.29.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 4:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	2,203	2,149	2,029	2,132	2,133	2,305	2,083	2,112	3,594	2,797	3,050	3,285	3,177
Expenses	1,846	1,929	1,804	1,944	2,040	2,070	2,019	1,914	2,783	2,585	2,951	3,124	3,012
Operating Profit	357	220	225	188	94	236	64	198	811	212	99	161	165
OPM %	16%	10%	11%	9%	4%	10%	3%	9%	23%	8%	3%	5%	5%
Other Income	7	12	18	22	9	12	6	7	14	44	-1	34	19
Interest	71	86	63	47	55	60	67	69	75	33	70	79	62
Depreciation	88	131	101	96	94	84	82	82	75	73	88	95	92
Profit before tax	204	15	79	68	-46	104	-78	54	675	150	-61	21	29
Tax %	29%	-37%	36%	32%	-30%	37%	-32%	23%	26%	26%	-17%	42%
Net Profit	146	20	51	46	-32	65	-53	41	502	111	-51	12	21
EPS in Rs	40.37	5.64	14.09	12.73	-8.91	18.04	-14.70	11.47	139.11	30.69	-14.15	3.42	5.76
Dividend Payout %	2%	18%	11%	12%	-6%	6%	0%	13%	3%	5%	-7%	29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-86.30%	155.00%	-9.80%	-169.57%	303.12%	-181.54%	177.36%	1124.39%	-77.89%	-145.95%	123.53%
Change in YoY Net Profit Growth (%)	0.00%	241.30%	-164.80%	-159.76%	472.69%	-484.66%	358.90%	947.03%	-1202.28%	-68.06%	269.48%

Nahar Spinning Mills Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	10%
3 Years:	-3%
TTM:	5%

Compounded Profit Growth
10 Years:	-2%
5 Years:	18%
3 Years:	-69%
TTM:	208%

Stock Price CAGR
10 Years:	8%
5 Years:	42%
3 Years:	-15%
1 Year:	-34%

Return on Equity
10 Years:	6%
5 Years:	9%
3 Years:	2%
Last Year:	1%

Last Updated: September 5, 2025, 11:30 am

Balance Sheet

Last Updated: December 4, 2025, 1:42 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	18	18	18	18	18	18	18	18	18	18	18	18	18
Reserves	745	742	793	838	800	859	801	880	1,583	1,536	1,463	1,471	1,517
Borrowings	1,159	1,078	1,015	738	996	887	924	1,074	1,013	730	1,151	1,101	760
Other Liabilities	252	165	144	161	170	145	162	230	338	230	257	160	186
Total Liabilities	2,174	2,003	1,970	1,756	1,985	1,908	1,906	2,202	2,951	2,514	2,889	2,750	2,481
Fixed Assets	900	867	813	770	709	747	756	724	752	838	918	864	821
CWIP	61	20	1	3	6	13	7	28	21	101	3	5	11
Investments	18	9	27	28	25	22	22	61	306	163	134	139	185
Other Assets	1,195	1,106	1,129	955	1,245	1,126	1,121	1,389	1,872	1,412	1,835	1,741	1,464
Total Assets	2,174	2,003	1,970	1,756	1,985	1,908	1,906	2,202	2,951	2,514	2,889	2,750	2,481

Below is a detailed analysis of the balance sheet data for Nahar Spinning Mills Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:

For Equity Capital, as of Sep 2025, the value is 18.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 18.00 Cr..
For Reserves, as of Sep 2025, the value is 1,517.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,471.00 Cr. (Mar 2025) to 1,517.00 Cr., marking an increase of 46.00 Cr..
For Borrowings, as of Sep 2025, the value is 760.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 1,101.00 Cr. (Mar 2025) to 760.00 Cr., marking a decrease of 341.00 Cr..
For Other Liabilities, as of Sep 2025, the value is 186.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 160.00 Cr. (Mar 2025) to 186.00 Cr., marking an increase of 26.00 Cr..
For Total Liabilities, as of Sep 2025, the value is 2,481.00 Cr.. The value appears to be improving (decreasing). It has decreased from 2,750.00 Cr. (Mar 2025) to 2,481.00 Cr., marking a decrease of 269.00 Cr..
For Fixed Assets, as of Sep 2025, the value is 821.00 Cr.. The value appears to be declining and may need further review. It has decreased from 864.00 Cr. (Mar 2025) to 821.00 Cr., marking a decrease of 43.00 Cr..
For CWIP, as of Sep 2025, the value is 11.00 Cr.. The value appears strong and on an upward trend. It has increased from 5.00 Cr. (Mar 2025) to 11.00 Cr., marking an increase of 6.00 Cr..
For Investments, as of Sep 2025, the value is 185.00 Cr.. The value appears strong and on an upward trend. It has increased from 139.00 Cr. (Mar 2025) to 185.00 Cr., marking an increase of 46.00 Cr..
For Other Assets, as of Sep 2025, the value is 1,464.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,741.00 Cr. (Mar 2025) to 1,464.00 Cr., marking a decrease of 277.00 Cr..
For Total Assets, as of Sep 2025, the value is 2,481.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,750.00 Cr. (Mar 2025) to 2,481.00 Cr., marking a decrease of 269.00 Cr..

Notably, the Reserves (1,517.00 Cr.) exceed the Borrowings (760.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	209	134	163	382	-240	250	61	-85	261	609	-395	93
Cash from Investing Activity +	-211	-89	-58	-61	-19	-128	-78	-53	-161	-257	-49	14
Cash from Financing Activity +	-3	-44	-121	-120	-122	-123	20	136	-99	-303	393	-76
Net Cash Flow	-5	1	-17	201	-382	-1	3	-3	2	49	-51	32

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	356.00	219.00	224.00	-550.00	-902.00	-651.00	-860.00	197.00	810.00	-518.00	98.00	160.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	68	65	65	52	59	49	48	53	53	41	51	69
Inventory Days	180	163	205	140	195	164	175	207	198	155	194	141
Days Payable	16	9	11	14	18	7	7	9	4	19	5	4
Cash Conversion Cycle	232	219	258	178	236	205	215	251	247	177	240	205
Working Capital Days	26	35	42	30	21	21	28	46	64	72	70	70
ROCE %	15%	5%	8%	7%	0%	9%	-1%	7%	33%	7%	1%	4%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	66.44%	66.44%	66.61%	66.71%	67.03%	67.07%	67.07%	67.07%	67.42%	67.42%	67.42%	67.42%
FIIs	0.35%	0.27%	0.25%	0.22%	0.14%	0.11%	0.11%	0.12%	0.00%	0.08%	0.09%	0.00%
DIIs	0.56%	0.56%	0.56%	0.59%	0.59%	0.59%	0.74%	0.74%	0.59%	0.59%	0.59%	0.59%
Public	32.63%	32.72%	32.58%	32.48%	32.24%	32.24%	32.09%	32.06%	31.96%	31.90%	31.89%	31.98%
No. of Shareholders	32,417	32,155	31,730	31,416	31,839	30,813	30,225	29,457	29,131	28,862	28,690	27,734

Shareholding Pattern Chart

No. of Shareholders

Nahar Spinning Mills Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Quant Manufacturing Fund	206,566	0.58	4.03	N/A	N/A	N/A

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	3.09	-13.84	32.24	139.50	11.33
Diluted EPS (Rs.)	3.09	-13.84	32.24	139.50	11.33
Cash EPS (Rs.)	29.79	10.36	50.78	159.98	34.19
Book Value[Excl.RevalReserv]/Share (Rs.)	412.50	410.23	430.37	443.29	248.69
Book Value[Incl.RevalReserv]/Share (Rs.)	412.50	410.23	430.37	443.29	248.69
Dividend / Share (Rs.)	1.00	1.00	1.50	3.50	1.50
Revenue From Operations / Share (Rs.)	909.69	844.73	774.63	995.36	584.90
PBDIT / Share (Rs.)	52.77	27.45	71.21	226.82	55.62
PBIT / Share (Rs.)	26.40	2.94	51.12	205.92	32.90
PBT / Share (Rs.)	5.85	-17.00	41.64	186.87	14.83
Net Profit / Share (Rs.)	3.42	-14.15	30.68	139.09	11.47
PBDIT Margin (%)	5.80	3.24	9.19	22.78	9.50
PBIT Margin (%)	2.90	0.34	6.59	20.68	5.62
PBT Margin (%)	0.64	-2.01	5.37	18.77	2.53
Net Profit Margin (%)	0.37	-1.67	3.96	13.97	1.96
Return on Networth / Equity (%)	0.82	-3.44	7.12	31.37	4.61
Return on Capital Employeed (%)	5.57	0.61	10.18	40.97	10.68
Return On Assets (%)	0.44	-1.76	4.40	17.01	1.88
Long Term Debt / Equity (X)	0.12	0.14	0.14	0.09	0.21
Total Debt / Equity (X)	0.73	0.77	0.46	0.63	1.17
Asset Turnover Ratio (%)	1.16	1.13	1.02	1.39	1.03
Current Ratio (X)	1.64	1.50	1.89	1.56	1.24
Quick Ratio (X)	0.80	0.54	0.75	0.63	0.56
Inventory Turnover Ratio (X)	3.32	2.24	1.98	2.39	1.90
Dividend Payout Ratio (NP) (%)	29.19	-10.58	6.51	2.15	0.00
Dividend Payout Ratio (CP) (%)	3.35	14.46	3.93	1.87	0.00
Earning Retention Ratio (%)	70.81	110.58	93.49	97.85	0.00
Cash Earning Retention Ratio (%)	96.65	85.54	96.07	98.13	0.00
Interest Coverage Ratio (X)	2.57	1.50	8.60	12.00	3.08
Interest Coverage Ratio (Post Tax) (X)	1.17	0.31	4.85	8.37	1.63
Enterprise Value (Cr.)	1817.29	2112.79	1544.83	2851.44	1421.35
EV / Net Operating Revenue (X)	0.55	0.69	0.55	0.79	0.67
EV / EBITDA (X)	9.54	21.32	6.01	3.48	7.08
MarketCap / Net Operating Revenue (X)	0.22	0.31	0.31	0.51	0.17
Retention Ratios (%)	70.80	110.58	93.48	97.84	0.00
Price / BV (X)	0.50	0.65	0.55	1.15	0.41
Price / Net Operating Revenue (X)	0.22	0.31	0.31	0.51	0.17
EarningsYield	0.01	-0.05	0.12	0.27	0.11

After reviewing the key financial ratios for Nahar Spinning Mills Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 25, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 25, the value is 3.09. This value is below the healthy minimum of 5. It has increased from -13.84 (Mar 24) to 3.09, marking an increase of 16.93.
For Diluted EPS (Rs.), as of Mar 25, the value is 3.09. This value is below the healthy minimum of 5. It has increased from -13.84 (Mar 24) to 3.09, marking an increase of 16.93.
For Cash EPS (Rs.), as of Mar 25, the value is 29.79. This value is within the healthy range. It has increased from 10.36 (Mar 24) to 29.79, marking an increase of 19.43.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 412.50. It has increased from 410.23 (Mar 24) to 412.50, marking an increase of 2.27.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 412.50. It has increased from 410.23 (Mar 24) to 412.50, marking an increase of 2.27.
For Dividend / Share (Rs.), as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 909.69. It has increased from 844.73 (Mar 24) to 909.69, marking an increase of 64.96.
For PBDIT / Share (Rs.), as of Mar 25, the value is 52.77. This value is within the healthy range. It has increased from 27.45 (Mar 24) to 52.77, marking an increase of 25.32.
For PBIT / Share (Rs.), as of Mar 25, the value is 26.40. This value is within the healthy range. It has increased from 2.94 (Mar 24) to 26.40, marking an increase of 23.46.
For PBT / Share (Rs.), as of Mar 25, the value is 5.85. This value is within the healthy range. It has increased from -17.00 (Mar 24) to 5.85, marking an increase of 22.85.
For Net Profit / Share (Rs.), as of Mar 25, the value is 3.42. This value is within the healthy range. It has increased from -14.15 (Mar 24) to 3.42, marking an increase of 17.57.
For PBDIT Margin (%), as of Mar 25, the value is 5.80. This value is below the healthy minimum of 10. It has increased from 3.24 (Mar 24) to 5.80, marking an increase of 2.56.
For PBIT Margin (%), as of Mar 25, the value is 2.90. This value is below the healthy minimum of 10. It has increased from 0.34 (Mar 24) to 2.90, marking an increase of 2.56.
For PBT Margin (%), as of Mar 25, the value is 0.64. This value is below the healthy minimum of 10. It has increased from -2.01 (Mar 24) to 0.64, marking an increase of 2.65.
For Net Profit Margin (%), as of Mar 25, the value is 0.37. This value is below the healthy minimum of 5. It has increased from -1.67 (Mar 24) to 0.37, marking an increase of 2.04.
For Return on Networth / Equity (%), as of Mar 25, the value is 0.82. This value is below the healthy minimum of 15. It has increased from -3.44 (Mar 24) to 0.82, marking an increase of 4.26.
For Return on Capital Employeed (%), as of Mar 25, the value is 5.57. This value is below the healthy minimum of 10. It has increased from 0.61 (Mar 24) to 5.57, marking an increase of 4.96.
For Return On Assets (%), as of Mar 25, the value is 0.44. This value is below the healthy minimum of 5. It has increased from -1.76 (Mar 24) to 0.44, marking an increase of 2.20.
For Long Term Debt / Equity (X), as of Mar 25, the value is 0.12. This value is below the healthy minimum of 0.2. It has decreased from 0.14 (Mar 24) to 0.12, marking a decrease of 0.02.
For Total Debt / Equity (X), as of Mar 25, the value is 0.73. This value is within the healthy range. It has decreased from 0.77 (Mar 24) to 0.73, marking a decrease of 0.04.
For Asset Turnover Ratio (%), as of Mar 25, the value is 1.16. It has increased from 1.13 (Mar 24) to 1.16, marking an increase of 0.03.
For Current Ratio (X), as of Mar 25, the value is 1.64. This value is within the healthy range. It has increased from 1.50 (Mar 24) to 1.64, marking an increase of 0.14.
For Quick Ratio (X), as of Mar 25, the value is 0.80. This value is below the healthy minimum of 1. It has increased from 0.54 (Mar 24) to 0.80, marking an increase of 0.26.
For Inventory Turnover Ratio (X), as of Mar 25, the value is 3.32. This value is below the healthy minimum of 4. It has increased from 2.24 (Mar 24) to 3.32, marking an increase of 1.08.
For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 29.19. This value is within the healthy range. It has increased from -10.58 (Mar 24) to 29.19, marking an increase of 39.77.
For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 3.35. This value is below the healthy minimum of 20. It has decreased from 14.46 (Mar 24) to 3.35, marking a decrease of 11.11.
For Earning Retention Ratio (%), as of Mar 25, the value is 70.81. This value exceeds the healthy maximum of 70. It has decreased from 110.58 (Mar 24) to 70.81, marking a decrease of 39.77.
For Cash Earning Retention Ratio (%), as of Mar 25, the value is 96.65. This value exceeds the healthy maximum of 70. It has increased from 85.54 (Mar 24) to 96.65, marking an increase of 11.11.
For Interest Coverage Ratio (X), as of Mar 25, the value is 2.57. This value is below the healthy minimum of 3. It has increased from 1.50 (Mar 24) to 2.57, marking an increase of 1.07.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 1.17. This value is below the healthy minimum of 3. It has increased from 0.31 (Mar 24) to 1.17, marking an increase of 0.86.
For Enterprise Value (Cr.), as of Mar 25, the value is 1,817.29. It has decreased from 2,112.79 (Mar 24) to 1,817.29, marking a decrease of 295.50.
For EV / Net Operating Revenue (X), as of Mar 25, the value is 0.55. This value is below the healthy minimum of 1. It has decreased from 0.69 (Mar 24) to 0.55, marking a decrease of 0.14.
For EV / EBITDA (X), as of Mar 25, the value is 9.54. This value is within the healthy range. It has decreased from 21.32 (Mar 24) to 9.54, marking a decrease of 11.78.
For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 0.22. This value is below the healthy minimum of 1. It has decreased from 0.31 (Mar 24) to 0.22, marking a decrease of 0.09.
For Retention Ratios (%), as of Mar 25, the value is 70.80. This value exceeds the healthy maximum of 70. It has decreased from 110.58 (Mar 24) to 70.80, marking a decrease of 39.78.
For Price / BV (X), as of Mar 25, the value is 0.50. This value is below the healthy minimum of 1. It has decreased from 0.65 (Mar 24) to 0.50, marking a decrease of 0.15.
For Price / Net Operating Revenue (X), as of Mar 25, the value is 0.22. This value is below the healthy minimum of 1. It has decreased from 0.31 (Mar 24) to 0.22, marking a decrease of 0.09.
For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. It has increased from -0.05 (Mar 24) to 0.01, marking an increase of 0.06.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Nahar Spinning Mills Ltd as of March 11, 2026 is: ₹76.91

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of March 11, 2026, Nahar Spinning Mills Ltd is Overvalued by 60.76% compared to the current share price ₹196.00

Intrinsic Value of Nahar Spinning Mills Ltd as of March 11, 2026 is: ₹40.68

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of March 11, 2026, Nahar Spinning Mills Ltd is Overvalued by 79.24% compared to the current share price ₹196.00

Last 5 Year EPS CAGR: -47.11%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (1,079.08 cr) compared to borrowings (971.23 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.31 cr) and profit (93.38 cr) over the years.	The stock has a low average ROCE of 7.92%, which may not be favorable. The stock has a high average Working Capital Days of 43.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 221.92, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Nahar Spinning Mills Ltd:
1. Net Profit Margin: 0.37%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 5.57% (Industry Average ROCE: 6.49%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0.82% (Industry Average ROE: 18.42%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.17
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.8
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 31.7 (Industry average Stock P/E: 29.81)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.73
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Nahar Spinning Mills Ltd. is a Public Limited Listed company incorporated on 16/12/1980 and has its registered office in the State of Punjab, India. Company's Corporate Identification Number(CIN) is L17115PB1980PLC004341 and registration number is 004341. Currently Company is involved in the business activities of Spinning, weaving and finishing of textiles. Company's Total Operating Revenue is Rs. 3284.56 Cr. and Equity Capital is Rs. 18.05 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Textiles - Hosiery/Knitwear	373, Industrial Area A, Ludhiana Punjab 141003	Contact not found

Management
Name	Position Held
Mr. Jawahar Lal Oswal	Chairman
Mr. Dinesh Oswal	Managing Director
Mr. Dinesh Gogna	Director
Mr. Satish Kumar Sharma	Director
Mr. Kamal Oswal	Director
Dr. Roshan Lal Behl	Independent Director
Dr. Yash Paul Sachdeva	Independent Director
Dr. Anchal Kumar Jain	Independent Director
Dr. Manisha Gupta	Independent Director
Dr. Vijay Asdhir	Independent Director

FAQ

What is the intrinsic value of Nahar Spinning Mills Ltd?

Nahar Spinning Mills Ltd's intrinsic value (as of 11 March 2026) is ₹40.68 which is 79.24% lower the current market price of ₹196.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹708 Cr. market cap, FY2025-2026 high/low of ₹311/149, reserves of ₹1,517 Cr, and liabilities of ₹2,481 Cr.

What is the Market Cap of Nahar Spinning Mills Ltd?

The Market Cap of Nahar Spinning Mills Ltd is 708 Cr..

What is the current Stock Price of Nahar Spinning Mills Ltd as on 11 March 2026?

The current stock price of Nahar Spinning Mills Ltd as on 11 March 2026 is ₹196.

What is the High / Low of Nahar Spinning Mills Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Nahar Spinning Mills Ltd stocks is ₹311/149.

What is the Stock P/E of Nahar Spinning Mills Ltd?

The Stock P/E of Nahar Spinning Mills Ltd is 31.7.

What is the Book Value of Nahar Spinning Mills Ltd?

The Book Value of Nahar Spinning Mills Ltd is 425.

What is the Dividend Yield of Nahar Spinning Mills Ltd?

The Dividend Yield of Nahar Spinning Mills Ltd is 0.51 %.

What is the ROCE of Nahar Spinning Mills Ltd?

The ROCE of Nahar Spinning Mills Ltd is 3.71 %.

What is the ROE of Nahar Spinning Mills Ltd?

The ROE of Nahar Spinning Mills Ltd is 0.71 %.

What is the Face Value of Nahar Spinning Mills Ltd?

The Face Value of Nahar Spinning Mills Ltd is 5.00.