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Nahar Spinning Mills Ltd

NSE: NAHARSPING BSE: 500296

204.82

(1.22%)

Wed, 04 Mar 2026, 03:02 am

Nahar Spinning Mills Analysis

dividend

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Pros

  • Dividends per share have increased over the past 10 years.
  • Nahar Spinning Mills's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • The company is paying a dividend however it is incurring a loss.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Nahar Spinning Mills's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Nahar Spinning Mills is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Nahar Spinning Mills has been profitable on average in the past, therefore cash runway is not a concern.
  • Nahar Spinning Mills has been profitable on average in the past, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (42%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 1.2x debt.
  • Nahar Spinning Mills's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (107.5% vs 70.7% today).
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Cons

  • Nahar Spinning Mills is making a loss, therefore interest payments are not well covered by earnings.
  • Nahar Spinning Mills's level of debt (70.7%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

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Pros

  • The average tenure for the Nahar Spinning Mills board of directors is over 10 years, this suggests they are a seasoned and experienced board.
  • T.'s remuneration is lower than average for companies of similar size in India.
  • More shares have been bought than sold by Nahar Spinning Mills individual insiders in the past 3 months.
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Cons

    misc

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    Pros

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      Cons

      • Nahar Spinning Mills is not covered by any analysts.
      • Nahar Spinning Mills has significant price volatility in the past 3 months.

      past

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      Pros

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        Cons

        • Unable to compare Nahar Spinning Mills's 1-year earnings growth to the 5-year average as it is not currently profitable.
        • Nahar Spinning Mills does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
        • Nahar Spinning Mills used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
        • It is difficult to establish if Nahar Spinning Mills improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
        • It is difficult to establish if Nahar Spinning Mills has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
        • Unable to compare Nahar Spinning Mills's 1-year growth to the IN Luxury industry average as it is not currently profitable.

        value

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        Pros

        • Nahar Spinning Mills's share price is below the future cash flow value, and at a moderate discount (> 20%).
        • Nahar Spinning Mills's share price is below the future cash flow value, and at a substantial discount (> 40%).
        • Nahar Spinning Mills is good value based on assets compared to the IN Luxury industry average.
        • NSEI:NAHARSPING is up 8.7% along with the India market (8%) over the past month.
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        Cons

        • Nahar Spinning Mills is loss making, we can't compare its value to the IN Luxury industry average.
        • Nahar Spinning Mills is loss making, we can't compare the value of its earnings to the India market.
        • NAHARSPING underperformed the Luxury industry which returned -22.1% over the past year.
        • NAHARSPING underperformed the Market in India which returned -14.5% over the past year.
        • NSEI:NAHARSPING is up 8.7% underperforming the Luxury industry which returned 9.8% over the past month.

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