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    Apparel - Manufacturers
Nahar Spinning Mills Limited

Nahar Spinning Mills Limited

NAHARSPING.NS
Nahar Spinning Mills LimitedIN flagNational Stock Exchange of India
278.00
INR
+3.00
- -
10.03BMarket Cap
Nahar Spinning Mills Limited
NAHARSPING.NS
(National Stock Exchange of India)

Recent

price

278.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
307.91
386.7
470.31
543.81
611.17
596.03
562.62
576.04
581.4
631.12
569.86
578.86
965.57
758.68
819.27
884.66
855.53
Revenue per Share
14.83
33.2
-32.54
21.59
40.29
5.6
14.1
12.75
-8.92
18.06
-14.71
11.48
139.25
30.72
-14.16
3.43
5.78
Basic EPS, GAAP
12.41
-66.29
-5.89
22.47
-0.33
1.75
29.1
93.1
-76.97
33.23
-8.26
-43.71
43.1
93.78
-168.71
13.28
- -
Free Cash Flow per Basic Share
0.5
15
2
- -
1
1
1
1.5
1.5
0.5
1
- -
3
2
1.5
1
- -
Dividend per Share
5.01
50.06
5.01
5.01
19.17
20.86
22.73
34.86
24.11
34.15
18.11
39.95
123.87
110.93
90.77
93.04
- -
Book Value per Share
153.78
1,846.33
152.15
172.57
211.69
211.85
224.81
237.42
226.82
243.08
227.07
248.93
443.78
430.72
410.61
412.91
- -
Tangible Book Value per Share
36
36
36
36
36
36
36
36
36
36
36
36
36
36
36
36
36
Basic Weighted Avg Shares
11,105
13,947
16,962
19,613
22,042
21,496
20,291
20,775
20,968
22,761
20,552
20,877
34,823
27,362
29,547
31,905
30,827
Sales/Revenue/Turnover
11.31
17
-4.05
11.84
12
4.05
6.1
4.51
0.24
6.73
-0.38
5.58
21.14
5.34
0.58
2.24
2.52
Operating Margin (%)
699
6,978
844
876
882
1,302
1,011
958
941
836
816
820
755
726
885
952
924
Depreciation Expense
535
1,197
-1,174
779
1,453
202
509
460
-322
651
-531
414
5,022
1,108
-511
124
208
Net Income, GAAP
33.64
31.74
- -
41.92
28.95
- -
35.72
32.1
- -
37.44
- -
22.64
25.57
26.31
- -
41.55
28.95
Effective Tax Rate (%)
4.82
8.58
-6.92
3.97
6.59
0.94
2.51
2.21
-1.53
2.86
-2.58
1.98
14.42
4.05
-1.73
0.39
0.68
Profit Margin (%)
7,668
24,000
381
1,195
1,750
2,222
2,489
2,074
1,275
1,325
1,642
2,654
6,316
6,215
5,849
6,627
- -
Working Capital
8,559
37,043
4,038
3,386
3,661
3,462
2,730
1,694
729
603
1,686
1,911
1,577
2,181
2,181
1,851
- -
LT Debt
5,546
66,597
5,488
6,224
7,635
7,640
8,108
8,563
8,186
8,770
8,191
8,979
16,006
15,539
14,812
14,894
- -
Total Equity
6.52
2.75
- -
7.83
10.46
- -
4.34
3.72
- -
5.35
- -
4.85
23.9
4.4
- -
1.6
- -
Return on Invested Capital (%)
10.88
6.43
- -
6.74
16.62
- -
7.81
7.49
- -
9.45
- -
8.26
41.25
10.2
- -
3.72
5.81
Return on Capital (%)
296.3
120.58
-118.2
431.29
333.3
28
64.72
44.27
-30.27
61.99
-56.31
39.55
169.99
26.17
-14.04
3.73
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
- -
5,967
- -
LT Borrowings
- -
1,636
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
36
- -
Market Capitalization
9,953
7,335
7,026

Working Capital

FRC

•

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
- -
14,202
- -
Cash, Cash Equivalents & STI
- -
31
- -
Accounts Receivable, Net
- -
5,465
- -
Inventories
- -
6,711
- -
Total Current Liabilities
- -
7,379
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
5,967
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.87%
16.16%
0.55%
Free Cash Flow
128.97%
-7.86%
-107.87%
Net Income, GAAP
7.45%
117.26%
-124.18%
Sales/Revenue/Turnover
5.95%
12.59%
7.98%
Total Cash Common Dividend
- -
- -
-33.33%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,489
7,278
7,579
7,201
29,547
2025
8,209
7,759
8,122
7,815
31,905
2026
8,193
7,793
7,026
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-4.85
-4.99
-4.22
- -
-14.16
2025
1.84
-4.84
0.21
- -
3.43
2026
4.43
-1.29
-3.58
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.5
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
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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.