Key Metrics of Nandan Denim Limited
Revenue₹2,872 Cr▼ 19.0% YoYFY 2025-26
EBITDA₹104 Cr▼ 23.3% YoY
Net profit₹33.1 Cr▼ 1.1% YoY
Net worth₹651 Cr▲ 5.2% YoY
Competitors10identified
About Nandan Denim Limited
Sectors
Company details
- Registered office
- Survey No 198/1 203/2 Saijpur Gopalpur Pirana Road,, Piplej, Ahmedabad, In-gj, 382405
- Listed
- NSE: NDL · ₹2.49
Operational Areas of Nandan Denim Limited
Apparel, Textiles & Footwear›Textiles, Cotton & Yarn
Company summary
Entity details
CINL51909GJ1994PLC022719
LEI code335800W54W5SGHLKY444
State codeGJ
PIN code382405
Current legal nameNANDAN DENIM LIMITED
Classification—
Listing statusListed
Registration no.022719
Company age—
PAN—
CountryIndia
CityAhmedabad
StateGujarat
Current statusActive
Date of incorporation—
Registrar of companies—
Authorised capital—
Paid-up capital—
Employee count—
Compliance
Last AGM date—
Last balance sheet—
Next filing dueAOC-4 for FY 2025-26 · 30 Oct 2026
Industry classification
NIC code51909
Description of main activityWholesale trade and commission trade
Description of business activityWholesale trade and commission trade
SectorApparel, Textiles & Footwear · Textiles, Cotton & Yarn
Premium
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
AGM for FY 2025-2630 Sep 2026
Statutory due date passed
AOC-4 for FY 2025-2630 Oct 2026
Statutory due date · 7 days left
MGT-7 for FY 2025-2629 Nov 2026
Statutory due date · 37 days left
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
CARE · 03 Oct 2011
CARE BB
Short term A4 · Reaffirmed
Change in last 12 monthsNo change
Change since first rating on record▲ 2 notchessince Jun 2009
Rating actions40 up · 0 down
Rating history
Rating actions
Borrowings & rated debt
Rated borrowing limits (latest)₹296 Cr
Peak rated limits₹14,889 CrJun 2010 · CARE
Limits raised2 times2 new facilities rated
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Rated facility | Other | — | ₹205 Cr | — | — | Other | CARE |
| Facilities | Other | — | ₹29.0 Cr | — | — | Reaffirmed | CARE |
| Bank Facilities NEL’s integrated denim manufacturing facilities. Ability of NEL to improve its profitability in light of the increasing competition high fluctua | Working capital & bank lines | — | ₹56.4 Cr | — | — | Other | CARE |
| (MMPA), spinning capacity of Tonne Per Day garment manufacturing capacity lakh | Other | ₹46.0 Cr | ₹5.40 Cr | −88.3% | — | Other | CARE |
Credit assessment · Cotton textile
Rating Methodology – Cotton Textile (Sep 2026) · Standalone accounts · FY 2025-26
Indicative long-term—
Indicative short-term—
Score—
LiquidityAdequate
DirectionStable
CARE rating · Oct 2011BB8 notches below indicative
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 61% |
| Information on file | 67% · missing: Capex / investment plans, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
Can it borrow more?Further funding possible with conditions
Next rating action stable or better: 61% (Mostly stable) · scorecard until enough rating history is collected
Rated limits₹296 Cr
Not yet allocated—
Extra debt within 2.5× EBITDA—
Interest coverage—
Limit utilisation—
Open bank charges0 · —
- Credit outlook model: 61% chance the next rating action is stable or better
- Current rating BB (below investment grade)
Rated limits by facility
Timeline
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Registered officeSURVEY NO 198/1 203/2 SAIJPUR GOPALPUR PIRANA ROAD,, PIPLEJ, AHMEDABAD, IN-GJ, 382405
GSTIN—
Email—
Website—
Members / shareholders—
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Nandan Denim Limited
Competitors10identified
Locations2most in India
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
 Grasim Industries |
Textiles, Cotton & Yarn · Apparel, Textiles & Footwear | grasim.com | 1948 | Ujjain, India |
| Textiles, Cotton & Yarn · Apparel, Textiles & Footwear | arvind.com | — | Ahmedabad, India | |
| Textiles, Cotton & Yarn · Apparel, Textiles & Footwear | welspunliving.com | — | Anjar, India | |
| Formal & Premium Menswear · Apparel, Textiles & Footwear | raymond.in | — | Ratnagiri, India | |
 Alok Industries |
Discovered Companies · Other Industries | alokind.com | 1986 | Silvassa, India |
| Part of Mondelez International. | tridentindia.com | — | India | |
| RAYMOND LIFESTYLE LIMITED | Discovered Companies · Other Industries | — | — | Aurangabad, Maharashtra, India |
 KPR Mill |
Textiles, Cotton & Yarn · Apparel, Textiles & Footwear | kprmilllimited.com | — | India |
 Page Industries |
Textiles, Cotton & Yarn · Apparel, Textiles & Footwear | pageind.com | 1995 | Bengaluru, India |
| Textiles, Cotton & Yarn · Apparel, Textiles & Footwear | indocount.com | — | Kolhapur, India |
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Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Principal business activities and related-party transactions are read from MGT-7 and AOC-4 filings.
Filings
No filings on record yet.