Textile Stock Below Rs 5: Nandan Denim reports revenue of Rs 2,331.89 crore and PAT of Rs 22.85 crore in 9MFY26
Kiran DSIJ / 12 Feb 2026 / Categories: Penny Stocks, Trending
The stock is up by 16 per cent from its 52-week low and has given multibagger returns of 215 per cent in 5 years.
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.
In Q3FY26, the company recorded revenue of Rs 499.53 crore and a net profit of Rs 2.97 crore, down from Rs 784.69 crore and Rs 6.58 crore, respectively, in Q3FY25. For the first nine months of FY26, revenue totalled Rs 2,331.89 crore against Rs 2,498.03 crore in the prior year, while net profit rose 3.4 per cent to Rs 23.62 crore. These figures follow the FY25 annual results, which saw net sales reach Rs 3,546.68 crore—a 76 per cent increase over FY24—and an annual net profit of Rs 33.48 crore.
Nandan Denims has a market cap of over Rs 440 crore. As of December 2025, the company's promoter owns the maximum share (51.01 per cent). The shares of the company have a PE of 12x whereas the industry PE is 20x. The stock is up by 16 per cent from its 52-week low and has given multibagger returns of 215 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.