Nandan Denim Limited is an Indian company that makes denim fabric for jeans, jackets, and shirts. It is based in Ahmedabad, Gujarat, and is one of the largest denim producers in India. The company has big factories with modern machines that spin cotton into yarn, weave fabric, dye it blue, and finish it to make high-quality denim. It produces millions of meters of fabric every year and supplies it to many clothing brands like Pepe Jeans, Spykar, and Mufti in India and other countries. Nandan Denim also makes non-denim fabrics like cotton and blended materials. The company helps grow the textile industry by making strong, stylish, and comfortable denim for the fashion world.
Nandan Denim Share Price Target (2025-2030)
| Year | Expected Share Price Target (₹) |
|---|---|
| 2025 | ₹5.12 – ₹7.45 |
| 2026 | ₹8.30 – ₹10.78 |
| 2027 | ₹12.15 – ₹13.92 |
| 2028 | ₹15.67 – ₹17.85 |
| 2029 | ₹18.23 – ₹22.49 |
| 2030 | ₹25.10 – ₹28.95 |
Nandan Denim Share Price Target – Expected Growth from 2025 to 2030
Nandan Denim Share Price Target 2025 – ₹5.12 to ₹7.45
Nandan Denim Ltd’s stock is expected to see growth as the company maintains stable denim production and sales. The share price may rise if demand for denim remains strong and the company reports good financial performance.
Nandan Denim Share Price Target 2026 – ₹8.30 to ₹10.78
With potential expansion in exports and brand partnerships, the stock price may increase. If Nandan Denim secures contracts with major clothing brands and improves its revenue, the price could reach ₹10.78.
Nandan Denim Share Price Target 2027 – ₹12.15 to ₹13.92
By 2027, higher sales and improved profit margins may push the stock price beyond ₹12. If the company strengthens its market position and adopts advanced production techniques, further growth is likely.
Nandan Denim Share Price Target 2028 – ₹15.67 to ₹17.85
Nandan Denim may increase production capacity and introduce new fabric varieties, which could boost stock value. Strong financial results and higher exports could help the price move toward ₹17.85.
Nandan Denim Share Price Target 2029 – ₹18.23 to ₹22.49
With brand collaborations and a strong global presence, the stock price could rise further. If the company reduces debt and maintains strong earnings, it might surpass ₹22.
Nandan Denim Share Price Target 2030 – ₹25.10 to ₹28.95
By 2030, Nandan Denim Ltd could achieve financial stability and market leadership. If global expansion continues and profits remain strong, the stock price might reach ₹28.95, making it a solid long-term investment option.
Nandan Denim Ltd – Fundamental
| Metric | Value |
|---|---|
| Market Cap | ₹464 Cr |
| P/E Ratio (TTM) | 9.20 |
| P/B Ratio | 0.77 |
| Industry P/E | 39.64 |
| Debt to Equity | 0.51 |
| ROE (Return on Equity) | 8.53% |
| EPS (Earnings Per Share) (TTM) | 0.35 |
| Dividend Yield | 0.00% |
| Book Value | 4.17 |
| Face Value | 1 |
Nandan Denim Ltd – Income Statement (Dec ‘2024)
| Particulars | Dec ‘2024 |
|---|---|
| Revenue | ₹928 Cr |
| Expenses | ₹919.37 Cr |
| EBITDA | ₹30.87 Cr |
| EBIT | ₹17.25 Cr |
| Profit Before Tax | ₹8.63 Cr |
| Net Profit | ₹6.58 Cr |
Financial Ratios (Dec ‘2024)
| Ratio | Dec ‘2024 |
|---|---|
| Operating Profit Margin | 3.33% |
| Net Profit Margin | 0.71% |
| Earnings Per Share (Diluted) | ₹0.05 |
| Dividends Per Share | ₹0.00 |
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Nandan Denim Ltd – Balance Sheet (2024)
| Particulars | 2024 (₹ Cr) |
|---|---|
| Total Assets | ₹1,182 Cr |
| Current Assets | ₹662.50 Cr |
| Non-Current Assets | ₹519.62 Cr |
| Total Liabilities | ₹596.92 Cr |
| Current Liabilities | ₹453.31 Cr |
| Non-Current Liabilities | ₹143.61 Cr |
| Total Equity | ₹585.20 Cr |
| Common Stock | ₹144.15 Cr |
| Preferred Stock | ₹0.00 Cr |
| Other Equity Total | ₹441.05 Cr |
| Total Common Shares Outstanding | 14.41 Cr |
| Debt to Equity Ratio | 0.71 |
| Book Value | ₹40.60 Cr |
Nandan Denim Ltd – Shareholding Pattern (Dec ‘2024)
| Category | Shareholdingg (%) |
|---|---|
| Promoters | 51.01% |
| Retail and Others | 46.92% |
| Other Domestic Institutions | 1.48% |
| Foreign Institutions | 0.59% |
Conclusion
The Nandan Denim Ltd Share Price Target indicates steady growth potential over the next few years. The company, being one of India’s largest denim producers, benefits from rising global demand, expanding exports, and improving financial stability. If Nandan Denim continues to secure brand partnerships, enhance production capacity, and maintain profitability, the stock could reach ₹25 – ₹28.95 by 2030. However, investors must consider market fluctuations, raw material costs (cotton prices), and competition before investing. Tracking financial reports, industry trends, and company performance will be crucial for making informed decisions.
FAQ
Who are the competitors of Nandan Denim Ltd?
Some of the main competitors include Arvind Ltd, Raymond Ltd, KPR Mill, and Vishal Fabrics, which also manufacture denim and textile products.
Does Nandan Denim Ltd manufacture finished jeans and clothing?
No, Nandan Denim Ltd primarily produces denim fabric used by fashion brands to make jeans, jackets, and other apparel.
What countries does Nandan Denim Ltd export to?
Nandan Denim exports its fabric to multiple countries, including the USA, Europe, Latin America, and parts of Asia.
What is the production capacity of Nandan Denim Ltd?
The company has a large manufacturing capacity, producing millions of meters of denim fabric annually, making it one of the leading players in India.
Is Nandan Denim Ltd involved in sustainable or eco-friendly production?
The company is increasing its focus on sustainable practices, including water-saving dyeing processes and eco-friendly production methods.
