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Nahar Spinning Mills Ltd

Wed 30/04/2025,15:55:11 | NSE : NAHARSPING

₹ 214.72-2.61 (-1.20%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 218.00

Previous Close

₹ 217.33

Volume

14370

Mkt Cap ( Rs. Cr)

₹774.39

High

₹ 218.00

Low

₹ 214.00

52 Week High

₹ 384.50

52 Week Low

₹ 185.10

Book Value Per Share

₹ 413.62

Dividend Yield

0.46

Face Value

₹ 5.00

What’s Your Call?

Collective community sentiment on Nahar Spinning Mills Ltd

Your Vote -

Buy

25.00%

Hold

12.50%

Sell

62.50%

25.00%

8 users have voted

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Option Chain

Analyzes market sentiment, predicts Nahar Spinning Mills Ltd' movement.

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News

Media spotlight triggers stock stock attention, sentiment.

  • Nahar Spg Mills - Disclosure under SEBI Takeover Regulations

    19 Apr 2025, 10:58PM Nahar Poly Films Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Subs
  • Nahar Spg Mills - Disclosure under SEBI Takeover Regulations

    17 Apr 2025, 6:21PM Nahar Capital and Financial Services Ltd. has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Boa
  • Nahar Spg Mills has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    11 Apr 2025, 4:20PM As of March 2025, 67.42% is owned by Indian Promoters and 32.57% by Public. <p align=justify> Top five Promoters holding highest number of shares of N
  • Nahar Spg Mills - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    10 Apr 2025, 10:14AM Nahar Spinning Mills Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Nahar Spg Mills - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    10 Apr 2025, 10:09AM Certficate for the quarter ended 31.03.2025 under Regulation 74(5) of SEBI (DP) REGULATIONS, 2018 is attached
  • Nahar Spg Mills - Updates

    3 Apr 2025, 4:55PM Nahar Spinning Mills Limited has informed the Exchange regarding 'DEMAT Report for the month of March '.
  • Nahar Spg Mills - DEMAT REPORT FOR THE MONTH OF MARCH, 2025

    3 Apr 2025, 4:24PM DEMAT Report for the month of March is enclosed
  • Nahar Spg Mills - Trading Window

    27 Mar 2025, 9:55AM Nahar Spinning Mills Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulati
  • Nahar Spg Mills - Trading Window-XBRL

    26 Mar 2025, 5:26PM NAHAR SPINNING MILLS LIMITED has informed the Exchange about Closure of Trading Window
  • Nahar Spg Mills - Updates

    4 Mar 2025, 4:01PM Nahar Spinning Mills Limited has informed the Exchange regarding 'DEMAT REPORT FOR THE MONTH OF FEBRUARY, 2025'.
  • Nahar Spg Mills - DEMAT REPORT FOR THE MONTH OF FEBRUARY, 2025

    4 Mar 2025, 4:00PM DEMAT REPORT FOR THE MONTH OF FEBRUARY, 2025 is enclosed
  • Nahar Spg Mills - Updates

    6 Feb 2025, 3:57PM Nahar Spinning Mills Limited has informed the Exchange regarding 'DEMAT REPORT FOR THE MONTH OF JANUARY, 2025'.
  • Nahar Spg Mills - Copy of Newspaper Publication

    4 Feb 2025, 3:57PM Nahar Spinning Mills Limited has informed the Exchange about Copy of Newspaper Publication
  • Nahar Spg Mills - Integrated Filing- Financial

    3 Feb 2025, 4:05PM Integrated Filling (Financial) for the quarter ended 31.12.2024
  • Nahar Spg Mills - Financial Result Updates

    3 Feb 2025, 3:53PM Nahar Spinning Mills Limited has submitted to the Exchange, the financial results for the period ended December 31, 2024.
  • Nahar Spg Mills posts Q3 net profit of Rs 0.76 cr

    3 Feb 2025, 4:11PM The company reported standalone net profit during the quarter stood at Rs 0.76 crore compared to net loss of Rs 15.21 crore in the previous year quart
  • Nahar Spg Mills - Integrated Filing (Financial)

    3 Feb 2025, 4:03PM Integrate Filing (Financial) for the quarter ended 31.12.2024 are enclosed
  • Nahar Spg Mills - Board Meeting Outcome for Un-Audited Financial Results For The Quarter And Nine Months Ended 31.12.2024

    3 Feb 2025, 3:56PM Standalone Un-audited Financial Results for the quarter and nine months ended 31.12.2024 are enclosed
  • Nahar Spg Mills - Un-Audited Financial Results For The Quarter And Nine Months Ended 31.12.2024

    3 Feb 2025, 3:52PM Standalone Un-audited Financial Results for the quarter and nine months ended 31.12.2024 are enclosed.

Key fundamentals

Evaluate the intrinsic value of Nahar Spinning Mills Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 2632.1896 2283.782 2613.4358 1945.8691 1716.5105
Liabilities 2632.1896 2283.782 2613.4358 1945.8691 1716.5105
Equity 18.0531 18.0531 18.0531 18.0531 18.0531
Gross Profit 83.5584 212.8118 804.4418 193.8501 59.7833
Net Profit -51.0842 110.7925 502.1877 41.4149 -53.0596
Cash From Operating Activities -394.74 608.8478 261.2851 -85.3103 61.1744
NPM(%) -1.67 3.96 13.97 1.96 -2.54
Revenue 3050.0152 2796.9127 3593.8596 2111.8675 2082.7024
Expenses 2966.4568 2584.1009 2789.4178 1918.0174 2022.9191
ROE(%) -3.42 7.42 33.66 2.77 -3.55

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
06 Sep 2024 1 20 0.47 263.85
11 Aug 2022 2 40 0.47 392.25
16 Nov 2021 1.5 30 0.47 558.25
16 Sep 2021 1.5 30 0.47 142.25
12 Sep 2019 1 20 0.47 85.75
10 Sep 2018 0.5 10 0.47 89.1
31 Aug 2017 1.5 30 0.47 124.45
08 Sep 2016 1.5 30 0.47 107
10 Sep 2015 1 20 0.47 98.5
11 Sep 2014 1 20 0.47 112.95
19 Sep 2013 1 20 0.47 81.9
08 Sep 2011 2 40 0.47 89.05
16 Sep 2010 1.5 30 0.47 81.2
18 Sep 2009 0.5 10 0.47 42.85
18 Sep 2008 1.5 30 0.47 38.95
19 Sep 2007 2.5 50 0.47 95.9
18 Sep 2006 2.5 50 0.47 203.6
14 Sep 2005 2.5 50 0.47 244.25
14 Sep 2004 2.5 50 0.47 111.75
18 Sep 2003 2.5 50 0.47 84
18 Sep 2002 0 50 0.47 60.75
05 Sep 2001 0 50 0.47 58.05
0 15 0.47 51.65
0 35 0.47 65.35
0 60 0.47 95.05
0 60 0.47 92.2
0 60 0.47 140.75

Peers

Other companies within the same industry or sector that are comparable to Nahar Spinning Mills Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
SEL Manufacturing Company Ltd 44.12 -5.02 0.00 710.08 -582.33 0.00
Gangotri Textile Ltd 0.70 0.00 0.00 698.84 -0.46 0.00
SPL Industries Ltd 35.70 -0.81 9.32 621.47 40.52 0.00
AB Cotspin India Ltd 457.90 0.05 75.19 224.76 40.80 0.00

Company Info

YEAR EVENTS 1980 - The Company was incorporated as a Private Limited Company on 16th December. The Company was converted into Public Limited Company on March 31st 1983. The Company established a spinning plant of 1972 spindles at Ludhiana. Subsequently, 1,600 spindles out of these were replaced with new spindles incorporated with latest technology. The Company also replaced other machinery of spinning plant such as yarn cleaners, humidification plant, etc. - The main objective of the Company is to manufacture Spinning, weaving and processing of cotton, jute, silk, hemp, wool, hair, rayon and other fibrous material. The company is also engaged in trading of cloth including furnishing fabrics. 1985 - The main object of the public issue of equity shares during August were to provide part of the finance for purchase of additional machinery and to augment long term resources for future expansion and diversification. - 1,00,552 shares taken up by promoters, directors, etc., and associate companies; 8,94,448 shares then issued at par out which the following shares were reserved and allotted: - (i) 1,08,000 shares in conversion of debts; - (ii) 1,86,448 shares to promoters, directors, etc. and - (iii) 42,000 shares to business associates and employees of the company. - The balance 5,58,000 shares offered to the public in August. 1988 - The Company had taken up an expansion-cum-modernisation programme at a total capital outlay in both its spinning and hosiery sections. In the spinning section, 3,200 worsted spindles were to be added to the existing capacity of 1,600 spindles. 1989 - In August, 9,95,000 Rights shares issued (prem. Rs. 90 per share; prop. 1:1). Additional 1,49,250 shares allotted to retain oversubscription. Simultaneously, another 49,750 shares (prem. Rs. 90 per share) offered to employees. Additional 7,462 shares were allotted to employees to retain oversubscription. 1991 - The Company undertook to set up a cotton spinning plant of 50,400 spindles at Village Simrai in Raisen District of Madhya Pradesh. 1992 - The Company proposed to increase the installed capacity of the spinning unit from 50,400 spindles in two phases. In the first phase, 25,000 spindles were to be added at Village Simrai, Mandideep, while the remaining were to be added in the second phase. - The Company along with other group companies promoted Nahar Overseas Ltd., an overseas company with registered office in the U.K. for promoting exports in U.K., European and other neighbouring countries. The Company was to participate to the extent of 25%, i.e., US $125,000, in the capital of the overseas company. - During May the Company offered 21,96,462 No. of equity shares at a premium as rights in proportion 1:1. Additional 3,26,514 shares were allotted to retain oversubscription. 737 No. of equity shares were kept in abeyance. - Another 1,09,823 No. of equity shares were offered at a premium to employees, etc., on an equitable basis. Additional 16,473 shares were allotted to retain oversubscription. - 26,49,272 Rights equity shares allotted at a prem. of Rs. 90 per share. 1992 - The company made a Right Issue of 23,06,285 equity shares of Rs. 10/- each at a premium of Rs. 190/- per share to the existing shareholders on Right basis including preferential allotment to the employees of the company. 1993 - The company has been awarded International Award of excellent performance in Export, from Government of India, for the year. 1994 - The Company added 9984 spindles thereby increasing the spindlage capacity to 25,824 spindles. - As a measure of backward integration, the company undertook to set up a cylic fibre plant with a capacity of 18,000 TPA at village Lalro, near Chandigarh. - 7,00,000 No. of equity shares allotted on exercise of warrants. 29,97,255 rights shares allotted to shareholders & employees. - The Company has decided to set up an Acrylic Fibre Plant with a capacity of 18,000 tones per annum. - The company has joined hands with Punjab State Industrial Development Corporation (PSIDC) for promoting a new company in the name of NAHAR INDUSTRIAL CORPORATION LTD, for the development of Industrial Estate/Industrial Park. The Memorandum of understanding has also been signed. 1995 - 6,688 No. of equity shares kept in abeyance were issued. 1996 - On 23rd March, the Company had allotted 34,22,452 - zero interest secured premium Convertible Bonds of Rs. 250 each with detachable warrants as follows: - 24,15,220 bonds to the existing shareholders of the Company (all were taken up). Remaining 10,02,027 bonds were allotted to the underwriters and the balance 5,205 bonds were kept in abeyance. Accordingly 16,40,135 No. of equity shares were allotted on conversion of bonds. The company also allotted 34,17,247 No. of equity shares on the exercise of right attached with the warrants. - As on 31st March, the Company had installed 51,024 spindles. The company installed 13,104 spindles at Mandideep, M. P. Thereby increased the installed capacity of the spinning unit at 64,128 spindles. - The company made a Right Issue of 34,22,452 Zero Interest Secured Premium Convertible Bonds of Rs.250/- each with detachable Warrant aggregating to Rs. 8226.130 Lakhs to the existing shareholders of the company. 1997 - The company has allotted 16,40,135 Fully paid equity shares on the conversion of Bonds into equity shares. Likewise the company has also allotted 34,17,247 equity shares on the exercise of right attached with the Warrants. - NSML had proposed to set up an 18,000 tpa plant near Chandigarh for the production of commercial standard acrylic fibre. 1998 - Spinning Unit II of the company has also been awarded certification under ISO 9002 quality system. 2000 - Commercial production on the part of machinery of 100%, EOU, spinning unit which is being installed at Village Jalalpur. - Crisil has reaffirmed the AA rating, assigned to the Rs 26.38 crore secured premium convertible bonds and the P1 rating assigned to the Rs 20 crore CP Programme of Nahar Spinning Mills. 2002 -Appoints Prof. K S Maini and Ms Monica Oswal as the Additional Directors of the company. -Unveils company holding details of more than 5% stake of the company. 2003 -Board approves for the acquisition of shares of Nahar Exports and Nahar International Ltd. 2008 - Nahar Spinning Mills Ltd has appointed Dr. S K Singla as Additional Director of the company w.e.f. June 30, 2008. 2009 - The Cotton Textiles Export Promotion Council (TEXPROCIL) awarded Gold Trophy for highest export of Cotton Yarn (Counts 50s and below) Highest export in cotton garment award by apparel export promotion Council. - Turnover crosses Rs.1000 crore mark. Highest export in cotton garment award by apparel export promotion Council. 2010 - Increase capacity by adding another 90000 spindles. - Highest export in cotton garment award by apparel export promotion Council. 2011 - Gold Trophy for highest export of yarns having count 50 & below in yarn category. - Bronze Trophy for highest export of processed yarns in yarn category. 2013 -Nahar Spinning has recommended Dividend @ 20% i.e. Rs. 1.00 per equity share of Rs. 5.00 each for the financial year 2012-13. 2014 -Company has recommended dividend @ 20% i.e. Rs. 1.00 per equity shares of Rs. 5/- each for the financial year 2013-2014.

YEAR EVENTS 1980 - The Company was incorporated as a Private Limited Company on 16th December. The Company was converted into Public Limited Company on March 31st 1983. The Company established a spinning plant of 1972 spindles at Ludhiana. Subsequently, 1,600 spindles out of these were replaced with new spindles incorporated with latest technology. The Company also replaced other machinery of spinning plant such as yarn cleaners, humidification plant, etc. - The main objective of the Company is to manufacture Spinning, weaving and processing of cotton, jute, silk, hemp, wool, hair, rayon and other fibrous material. The company is also engaged in trading of cloth including furnishing fabrics. 1985 - The main object of the public issue of equity shares during August were to provide part of the finance for purchase of additional machinery and to augment long term resources for future expansion and diversification. - 1,00,552 shares taken up by promoters, directors, etc., and associate companies; 8,94,448 shares then issued at par out which the following shares were reserved and allotted: - (i) 1,08,000 shares in conversion of debts; - (ii) 1,86,448 shares to promoters, directors, etc. and - (iii) 42,000 shares to business associates and employees of the company. - The balance 5,58,000 shares offered to the public in August. 1988 - The Company had taken up an expansion-cum-modernisation programme at a total capital outlay in both its spinning and hosiery sections. In the spinning section, 3,200 worsted spindles were to be added to the existing capacity of 1,600 spindles. 1989 - In August, 9,95,000 Rights shares issued (prem. Rs. 90 per share; prop. 1:1). Additional 1,49,250 shares allotted to retain oversubscription. Simultaneously, another 49,750 shares (prem. Rs. 90 per share) offered to employees. Additional 7,462 shares were allotted to employees to retain oversubscription. 1991 - The Company undertook to set up a cotton spinning plant of 50,400 spindles at Village Simrai in Raisen District of Madhya Pradesh. 1992 - The Company proposed to increase the installed capacity of the spinning unit from 50,400 spindles in two phases. In the first phase, 25,000 spindles were to be added at Village Simrai, Mandideep, while the remaining were to be added in the second phase. - The Company along with other group companies promoted Nahar Overseas Ltd., an overseas company with registered office in the U.K. for promoting exports in U.K., European and other neighbouring countries. The Company was to participate to the extent of 25%, i.e., US $125,000, in the capital of the overseas company. - During May the Company offered 21,96,462 No. of equity shares at a premium as rights in proportion 1:1. Additional 3,26,514 shares were allotted to retain oversubscription. 737 No. of equity shares were kept in abeyance. - Another 1,09,823 No. of equity shares were offered at a premium to employees, etc., on an equitable basis. Additional 16,473 shares were allotted to retain oversubscription. - 26,49,272 Rights equity shares allotted at a prem. of Rs. 90 per share. 1992 - The company made a Right Issue of 23,06,285 equity shares of Rs. 10/- each at a premium of Rs. 190/- per share to the existing shareholders on Right basis including preferential allotment to the employees of the company. 1993 - The company has been awarded International Award of excellent performance in Export, from Government of India, for the year. 1994 - The Company added 9984 spindles thereby increasing the spindlage capacity to 25,824 spindles. - As a measure of backward integration, the company undertook to set up a cylic fibre plant with a capacity of 18,000 TPA at village Lalro, near Chandigarh. - 7,00,000 No. of equity shares allotted on exercise of warrants. 29,97,255 rights shares allotted to shareholders & employees. - The Company has decided to set up an Acrylic Fibre Plant with a capacity of 18,000 tones per annum. - The company has joined hands with Punjab State Industrial Development Corporation (PSIDC) for promoting a new company in the name of NAHAR INDUSTRIAL CORPORATION LTD, for the development of Industrial Estate/Industrial Park. The Memorandum of understanding has also been signed. 1995 - 6,688 No. of equity shares kept in abeyance were issued. 1996 - On 23rd March, the Company had allotted 34,22,452 - zero interest secured premium Convertible Bonds of Rs. 250 each with detachable warrants as follows: - 24,15,220 bonds to the existing shareholders of the Company (all were taken up). Remaining 10,02,027 bonds were allotted to the underwriters and the balance 5,205 bonds were kept in abeyance. Accordingly 16,40,135 No. of equity shares were allotted on conversion of bonds. The company also allotted 34,17,247 No. of equity shares on the exercise of right attached with the warrants. - As on 31st March, the Company had installed 51,024 spindles. The company installed 13,104 spindles at Mandideep, M. P. Thereby increased the installed capacity of the spinning unit at 64,128 spindles. - The company made a Right Issue of 34,22,452 Zero Interest Secured Premium Convertible Bonds of Rs.250/- each with detachable Warrant aggregating to Rs. 8226.130 Lakhs to the existing shareholders of the company. 1997 - The company has allotted 16,40,135 Fully paid equity shares on the conversion of Bonds into equity shares. Likewise the company has also allotted 34,17,247 equity shares on the exercise of right attached with the Warrants. - NSML had proposed to set up an 18,000 tpa plant near Chandigarh for the production of commercial standard acrylic fibre. 1998 - Spinning Unit II of the company has also been awarded certification under ISO 9002 quality system. 2000 - Commercial production on the part of machinery of 100%, EOU, spinning unit which is being installed at Village Jalalpur. - Crisil has reaffirmed the AA rating, assigned to the Rs 26.38 crore secured premium convertible bonds and the P1 rating assigned to the Rs 20 crore CP Programme of Nahar Spinning Mills. 2002 -Appoints Prof. K S Maini and Ms Monica Oswal as the Additional Directors of the company. -Unveils company holding details of more than 5% stake of the company. 2003 -Board approves for the acquisition of shares of Nahar Exports and Nahar International Ltd. 2008 - Nahar Spinning Mills Ltd has appointed Dr. S K Singla as Additional Director of the company w.e.f. June 30, 2008. 2009 - The Cotton Textiles Export Promotion Council (TEXPROCIL) awarded Gold Trophy for highest export of Cotton Yarn (Counts 50s and below) Highest export in cotton garment award by apparel export promotion Council. - Turnover crosses Rs.1000 crore mark. Highest export in cotton garment award by apparel export promotion Council. 2010 - Increase capacity by adding another 90000 spindles. - Highest export in cotton garment award by apparel export promotion Council. 2011 - Gold Trophy for highest export of yarns having count 50 & below in yarn category. - Bronze Trophy for highest export of processed yarns in yarn category. 2013 -Nahar Spinning has recommended Dividend @ 20% i.e. Rs. 1.00 per equity share of Rs. 5.00 each for the financial year 2012-13. 2014 -Company has recommended dividend @ 20% i.e. Rs. 1.00 per equity shares of Rs. 5/- each for the financial year 2013-2014.

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Parent Organisation

Nahar Spinning Mills Ltd.

Founded

16/12/1980

Managing Director

Mr.Dinesh Oswal

NSE Symbol

NAHARSPINGEQ

FAQ

The current price of Nahar Spinning Mills Ltd is ₹ 214.72.

The 52-week high for Nahar Spinning Mills Ltd is ₹ 218.00 and the 52-week low is ₹ 214.00.

The market capitalization of Nahar Spinning Mills Ltd is currently ₹ 774.39. This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

To buy Nahar Spinning Mills Ltd shares, you need to have a brokerage account. First, choose a reputable brokerage firm, open an account, and complete the necessary KYC procedures.

To invest in Nahar Spinning Mills Ltd, you need a brokerage account. After opening an account and completing the KYC process, you can fund your account and use the trading platform to purchase Nahar Spinning Mills Ltd shares.

The CEO of Nahar Spinning Mills Ltd is Mr.Dinesh Oswal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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