Nahar Industrial Enterprises Ltd.
Snapshot View

117.00 +0.60 ▲0.5%

23 July 2021, 04:00:00 P.M.
Volume: 30,300

Overview View Details

Sector Textile Compare with Sector peers
Industry Textile - Spinning Compare with Industry peers
Website http://www.owmnahar.in
Financial Indicators
Market Cap 465.47 Cr.
Earnings per share (EPS) -2.20 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 27.91 Trailing Twelve Months Ending 2021-03
Book Value / Share 186.41 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.63 Calculated using Price: 116.85
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 3.98 Cr. 39,835,141 Shares
FaceValue 10
Company Profile

Nahar Industrial Enterprises was incorporated as Oswal Fats & Oils Limited in 1983. The name was changed to Nahar Industrial Enterprises Limited (NIEL) in 1994.

The company is the part of Nahar Group of Companies. The group was established in 1949 with the incorporation of Oswal Woollen Mills Limited. From there it had surged ahead to establish itself as a reputed industrial conglomerate with a wide ranging portfolio from wool   combing, spinning, knitting, fabric, hosiery garments, etc. Other group companies are Nahar Spinning Mills Limited, Nahar Investments and Holdings Limited, Nahar Capital and Financial Services Limited.

NIEL is a vertically-integrated textile manufacture, with operations ranging from spinning, weaving and processing through to finished ready-made woven garments159,408 spindles and 6320 rotors to produce different counts of yarn.

  • Weaving capacity with 426 looms.
  • Modern processing plant with capacity of 1,15,000 mtrs. /day.
  • Modern dyeing house with a capacity 6 tonnes yarn/ day.
  • Garment facilities for manufacture 20,00,000 Pcs. per annum.
  • 150 Retail outlets for selling readymade garment under” Cotton County” Brand. 2500 TCDs Sugar Mill.

NIEL’s strategic objective is to capitalize on the growth opportunities that it believes are available in the domestic and global textile industry. At the same time the company recognizes the competitive nature of the industry, especially with established pressure from Asia, and that to maintain growth it must continue to improve production process and reduce costs.

The company’s USP is expertise in 100% cotton and cotton blended fabrics and variety of weaves, including Twills, Chinos, Gabardines, Canvas, Tussers, Cavallery Twills, Satins, Broken Twills, etc.

NIEL’s client base is extremely diverse with no one customer accounting for more than 5% of total revenues. Approved fabric vendors for global brands such as the Gap, Tommy Hilfiger, Marks & Spencer and domestic brands such as Color plus, Allen Solly and Louis Phillips.

The facilities are backed by a weaving design studio where the time tested handloom is used for product development activity in consonance with market needs.The preparatory is equipped with Benningers Warping & Sizing Machines .Inspection is equipped with automatic inspection with rolling machine from la Maccanica Italy. Nahar fabrics has already produced more then 200 different constructions in Grey Fabric for in House needs and World Markets

Product range of the company includes:

  • Yarn
  • Fabric/garment
  • Fats and oils

Divisions of the company:

The company has two divisions under its umbrella namely oil & soap division and the textile division.

  • The oil and soap division has two units. The fatty Acid unit is engaged in the manufacture of Fatty Acids Stearic Acid and Distilled Glycerin. The soap unit is engaged in the production of Toilet & Laundry Soap.
  • In the textile division the company has two Spinning units and a weaving unit. The frost spinning unit, a100% EOU, is Engaged in the manufacture of cotton yarn is exporting its yarn to Europe, Hong Kong ,Singapore Taiwan ,Mauritius, Malaysia and Australia. The second unit, namely Sambav Spinning Mills,is engaged in the manufacture of cotton yarn. The aggregate installed spindlage in both the units is 38000 spindels. Nahar fabric the weaving unit is equipped with 176 Picanol Air Jet Weaving Machines(Cam/Repair/Dobby)

Milestones of the company:

  • 1983: Incorporated as Oswal Fats & Oils Limited.  
  • 1994: Name changed as Nahar Industrial Enterprises Limited.
  • 1997: Merged Nahar Fabrics Limited (manufacturer of greige fabric).
  •  2002: Merged Oswal Cotton Mills Limited (manufacturer of Processed fabrics and finished garments).
  • 2004: Launched apparel brand “Cotton County.”
  • 2005: Merged Nahar International Limited (manufacturer of yarn) & Nahar Sugar & Allied Industries Limited (manufacturer of sugar & steel). Accredited with ISO 9002 and ISO 14001.

Recent developments

Nahar Industrial Enterprises has repurchased and cancelled foreign currency convertible bonds (FCCBs) worth $ 25.5 million (face value) out of the total outstanding bonds.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.52%
1 Week
+8.33%
1 Month
+38.38%
3 Month
+184.67%
6 Month
+145.03%
1 Year
+336.57%
2 Year
+328.57%
5 Year
+32.95%
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -5.07 7.20 10.73 2.42 -3.07 -3.42
Return on Capital Employed (%) 4.52 8.61 9.31 5.44 3.08 2.15
Return on Assets (%) -1.67 2.49 4.05 0.92 -1.16 -1.44

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 580 614 697 705 702 743
Non Curr. Liab. 456 367 352 324 248 153
Curr. Liab. 713 716 722 892 840 755
Minority Int.
Equity & Liab. 1,748 1,698 1,771 1,921 1,790 1,651
Non Curr. Assets 805 718 760 754 714 685
Curr. Assets 944 979 1,012 1,166 1,077 967
Misc. Exp. not W/O
Total Assets 1,748 1,698 1,771 1,921 1,790 1,651

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 1,803 1,770 1,722 1,759 1,866 1,573
Other Income 6 5 6 6 13 12
Total Income 1,809 1,775 1,728 1,765 1,879 1,585
Total Expenditure -1,604 -1,551 -1,513 -1,611 -1,744 -1,482
PBIDT 205 224 215 154 135 103
Interest -105 -79 -60 -71 -67 -65
Depreciation -135 -90 -69 -66 -79 -71
Taxation 7 -12 -16 -1 -4 8
Exceptional Items -7
PAT -28 43 70 17 -22 -25

Cash Flow View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 294 116 219 50 203 172
Cash Fr. Inv. -52 -7 -93 -65 -29 -34
Cash Fr. Finan. -241 -109 -126 14 -174 -139
Net Change 1 0 -1 -1 0 0
Cash & Cash Eqvt 3 3 3 2 1 1

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 68.75 68.75 68.76 68.82 68.82 68.82 68.82 68.77 68.77
Public 31.25 31.25 31.24 31.18 31.18 31.18 31.18 31.23 31.23
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 19 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
013130
Name of the Signatory :- MUKESH SOOD
Designation :- Company Secretary and Compliance Officer
Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Nahar Industrial Enterprises Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
COMPLIANCE UNDER REGULATION 74(5) OF SEBI (DEPOSITORIES & PARTICIPANT) REGULATIONS 2018

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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