Market Reaction
Nandan Denim shares surged over 4.2% on Monday, May 26, 2025, touching an intraday high of ₹4.19. Despite the upward momentum, the penny stock remains 43% below its 52-week high of ₹7.33, seen in September 2024. It had earlier hit a 52-week low of ₹2.96 in March 2025.
Over the past year, Nandan Denim shares have returned a modest 5%, indicating a relatively flat movement. However, in the long term, the stock has shown significant gains:
- 92% return over two years
- 755% multi-bagger return over five years
Recent monthly performance:
- May 2025: +13%
- April 2025: +3.7%
- March 2025: +11.4%
These gains follow a five-month decline from October 2024 to February 2025.
Quarterly Results Drive Interest
Investor interest was reignited after the company announced its Q4 FY25 results, showing robust top-line growth despite a decline in net profit.
Revenue
- ₹1,048.65 crore in Q4 FY25
- Up 81% from ₹579.12 crore in Q4 FY24
Net Profit
- ₹10.63 Crore in Q4 FY25
- Down 60.79% from ₹27.11 Crore in Q4 FY24
Full-Year Financial Performance (FY25)
While profits declined year-over-year, revenue saw substantial growth:
Revenue
- FY25: ₹3,546.68 Crore
- FY24: ₹2,010.09 Crore
- Growth: 76.44%
Net Profit
- FY25: ₹33.48 Crore
- FY24: ₹44.94 Crore
- Decline: 25.50%
Company Overview
Founded in 1994, Nandan Denim is part of the Ahmedabad-based Chiripal Group. It has grown from a textile trading firm into India's most prominent and the world's fourth-largest denim fabric manufacturer.
Key facts:
- Operates in over 27 countries
- Major exporter and domestic supplier
- Holds a dominant position in India's denim supply chain
Corporate Actions
- Stock Split (10:1) – September 2024
- Bonus Issue (2:1) – March 2022
These actions made Nandan Denim shares more accessible and enhanced shareholder value.
Summary
Nandan Denim shares gained traction after reporting strong revenue growth in Q4 FY25. While net profit saw a significant dip, the company's robust sales performance and improving stock trend helped lift investor sentiment.
Despite short-term fluctuations, long-term investors have seen multi-fold returns from this penny stock. As it expands its footprint globally, Nandan Denim remains a notable name in the Indian textile sector.
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