NDLBSENandan Denim LtdHighNeutral
Announced Thu, 28 May · 18:13 IST

Audited Financial Results for the Quarter and Year Ended on March 31, 2026.

Revenue DeclinePat NegativeResults View source PDF

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AI summary

Nandan Denim reported revenue of Rs. 2,87,187.38 lakhs for FY26, down from Rs. 3,54,667.56 lakhs in FY25 — approximately a 19% year-on-year decline. Net profit stood at Rs. 3,312.84 lakhs, marginally lower than Rs. 3,344.85 lakhs in the prior year (down about 1%). The company achieved significant reduction in finance costs, which fell to Rs. 1,766.14 lakhs from Rs. 3,674.20 lakhs in FY25, reflecting active debt repayment. Current borrowings were cut sharply from Rs. 18,529.55 lakhs to Rs. 6,743.71 lakhs. Operating cash flow improved to Rs. 14,445.26 lakhs versus Rs. 9,506.94 lakhs previously. The statutory auditor issued an unmodified (clean) opinion, and the company reappointed its internal and cost auditors for FY27.

Likely market impact

While the company maintained profitability and generated strong operating cash flows, the substantial ~19% revenue decline is a concern. Significant debt reduction is a positive signal for financial stability. The clean audit opinion provides reassurance on financial reporting quality.