Nahar Spinning Mills Ltd
235.85
INR
-4.15
(-1.73%)
ISIN
INE290A01027
Return %
Stock
S&P 500
1Y
17.93
14.20
3Y
-17.94
81.12
5Y
-46.66
68.34
Capital Structure
INR
•
in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Komal Jain
- Full Time Employees
- 9,863
- Sector
- Process industries
- Industry
- Textiles
- Address
- Nahar Tower Ludhiana PU India 141003
- IPO Date
- Nov 21, 1994
- Website
- owmnahar.com
- Similar Companies
- Business
- Nahar Spinning Mills Limited manufactures and sells yarns and knitted garments in India. The company produces a wide range of yarns including compact yarn, multi slub yarn, injected slub, dual slub, vario siro yarn, multi count and twist yarn; organic cotton, blends, recycled cotton blends, BCI and regenagri cotton; polyester virgin and recycled ring spun yarn; polyester cotton blends, recycled polyester blends zero twist yarn; and melange yarn; as well as woollen, woollen blended, cotton, polyester cotton and other blended yarns. It also offers hosiery knitwear such as T-shirts, with production capacity of approximately 12.5 million pieces annually, and operates a mercerizing cum dyeing plant with 4.5 metric tons per day capacity. Nahar Spinning Mills Limited, founded in 1980 and headquartered in Ludhiana, Punjab, maintains spinning facilities across multiple locations including Village Simrai in Mandideep, District Bhopal; Village Jalalpur in District S.A.S. Nagar; Village Jodhan in District Ludhiana; and Village Jitwal Kalan in District Sangrur, Punjab, with a total spindlage capacity of approximately 573,408 spindles, 1,080 rotors and 768 airjet spindles. The company exports over 60% of its products to markets in the USA, UK, France, Brazil, Bangladesh, Mauritius, Honduras, Argentina, Colombia, Peru, Chile, Netherlands, Japan, Canada, Korea, Taiwan, Hong Kong, Singapore, Egypt and Russia, serving international brands such as GAP, Arrow, Old Navy, Banana Republic and Chaps. In July 2025, the board approved modernization of its spinning units at various locations with a capital outlay of approximately Rs 325 crore, alongside installation of an 11 MW solar PV system for captive consumption at Rs 25 crore, with completion targeted by fiscal year 2027-28. Recent expansions include completion of 31,200 spindles at its Lalru unit and 768 airjet spindles, increasing overall capacity, as well as implementation of 8 Vortex machines with 96 positions each at Jitwal Kalan in 2022-23. In May 2025, the company recommended a dividend of Rs 1.00 per equity share for the year ended March 31, 2025. Nahar Spinning Mills operates as part of the Nahar Group, which includes affiliates such as Oswal Woollen Mills Limited, Monte Carlo Fashion Limited and Nahar Industrial Enterprises Limited.