Nahar Spinning Mills LTD.

Nahar Spinning Mills Ltd. (NAHARSPING) is a micro-cap Textiles company valued at ₹912 crore operating in Other Textile Products on the NSE and BSE.

Recent price move

Nahar Spinning Mills Ltd. last traded at ₹254, modestly up 1.62% on the day.

Recent developments

On 2026-09-04, the company announced a dividend of ₹1.00 per share, ex-date. In the latest quarter, net profit surged to ₹70 crore, up from ₹16 crore in the same quarter a year earlier. The company reported a net profit of ₹23 crore in the previous quarter, showing improvement from the ₹13 crore loss in the quarter before that.

Financial performance

Annual revenue fell 2.0% to ₹3,218 crore, while annual net profit rose 81.8% to ₹22 crore. The latest quarter saw revenue rise 18.0% to ₹966 crore and net profit jump 336.8% to ₹70 crore, indicating a strong recovery in recent months.

Valuation multiples

The stock trades at 36.7 times earnings, 0.65 times book value. It yields 0.4%.

Things to watch

The stock is 26.8% below its 52-week high. Net profit margin increased to 0.7% from 0.4% but remains low. Return on equity is 1.4%, and return on capital employed is 3.2%, both below industry benchmarks. The company reported a net profit of ₹22 crore for the fiscal year, up from ₹12 crore the previous year, but profit growth has slowed significantly over the past five years.

Where it stands

Nahar Spinning Mills Ltd reported a net profit of ₹22 crore for the fiscal year, up 81.8% from ₹12 crore the previous year. The latest quarter saw net profit jump to ₹70 crore, up 336.8% from ₹16 crore in the same quarter a year earlier. The stock is 26.8% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.