FIIs bought 1,17,22,279 shares: Textile penny stock below Rs 5 zooms after announcing stellar Q1FY26 results, PAT jumps 50% YoY

Nandan Denims Ltd.’s shares zoomed 2 per cent to Rs 3.56 per share from their previous closing of Rs 3.49 per share. The stock's 52-week high was Rs 7.33 per share while its 52-week low was at Rs 2.96 per share.

Nandan Denim Ltd (NDL), a cornerstone of the Chiripal Group since its inception in 1994, has evolved from a textile trading enterprise into a global denim powerhouse. Today, it stands as India's premier and the world's fourth-largest denim manufacturer, catering to a vast customer base across 27 countries and major Indian retailers. NDL's expansive product range, encompassing over 2,000 annual denim variations, shirting fabrics, and sustainable organic cotton yarn, is complemented by a robust in-house R&D department dedicated to driving textile innovation.

According to Quarterly Results, the revenue increased by 45 per cent to Rs 1,047.68 crore in Q1FY26 compared to Q1FY25. The company reported a net profit of Rs 11.20 crore in Q1FY26, an increase of 50 per cent from the net profit of Rs 7.49 crore in Q1FY25. In its annual results, the company reported net sales of Rs 3,546.68 crore in FY25 compared to Rs 2,010.09 crore in FY24, an increase of 76 per cent. The company reported a net profit of Rs 33.48 crore in FY25.

Nandan Denims has a market cap of over Rs 500 crore. As of June 2025, the company's promoter owns the maximum share (51.01 per cent). In June 2025, FIIs bought 1,17,22,279 shares and increased their stake to 1.40 per cent compared to the March 2025 shareholding. The shares of the company have a PE of 14x whereas the industry PE is 25x. From Rs 2.96 (52-week low) to Rs 3.56 per share, the stock is up over 20 per cent and has given multibagger returns of 431 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.