Nandan Denim Ltd
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Nandan Denim Ltd

NDL Share Price

BSE:532641

NSE:NDL

2.47

0.30 (13.82%)

As on April 2, 2026 at 04:14 PM
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Performance

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2.17

2.20

4955416

1.22

1

Fundamentals

357.48Cr

10.33

0.56

0.48

0.24

0%

4.44

About

Nandan Denim Limited was incorporated on August 9, 1994 as a private limited company with the name Nandan Exim Pvt Ltd. On January 16, 2004, the company got converted into public limited company and the name was changed to Nandan Exim Ltd. Then again, Company's name was changed from Nandan Exim Limited to Nandan Denim Limited during the year 2013-14. Headquartered in Ahmedabad, Nandan Denim Limited (NDL) is a key textile entity within the family-owned Chiripal Group', an emerging conglomerate of India. Founded in 1994 by Mr. Vedprakash Chiripal and Mr. Brijmohan Chiripal, NDL specializes in manufacturing wide range of textiles, of which Denim forms the core of its business and a primary revenue source. The Company's denim portfolio includes knit denim, basic denim, lightweight shirting, classical twill denim, dobby fabrics, are complemented by a diversified portfolio of shirting fabrics in various designs and textures, premium dyed yarns in multiple blends and counts, grey cotton fabrics, and khakis. Initially, the Company operated in the domestic and international cloth commerce sector, but later expanded into the production of denim fabrics. Over the years, it transitioned from an only denim manufacturer to a manufacturer of superior quality shirting and other fabrics. The Company manufactures and distributes denim fabric, yarn/dyed yarn, cotton fabric, and shirting fabric to consumers in different parts of the globe. NDL produces primarily grey cotton fabrics, khakis, and denims. Moreover, it specialise in manufacturing fabrics with a wide range of weaves, colours, textile combinations, and weights. Their product offerings include denim twills, stretch bull denim, and broken twills, among others. Additionally, they provide grey cotton fabric and blend textiles. The Company's inventory primarily comprises cotton fibres, denim fabrics, and ready-to-wear garments. Presently, the Company is engaged in textile industry for manufacturing gray cotton fabrics, khakhis and denims. They also manufacture fabrics of different weaves, dyes, combination of yarns and weights. The range of fabrics include denim, twills, stretch, bull denim, broken twills. Their principal products include cotton grey fabric/ blended fabrics, cotton yarn, denim fabrics and ready made garments. The company was established for manufacturing, trading and export of textile products and was promoted by Vedprakash D Chiripal and Brijmohan Chiripal. Initially, the company was in the business of trading of fabrics in domestic and international markets. During the year 2003-04, they commenced implementation of Weaving (Grey) project. During the year 2004-05, the company forayed into manufacturing and weaving by installing imported air jet looms. They commenced implementation of Denim Project. In July 2005, the company further diversified into manufacturing of Denim Fabrics with an installed capacity of 100 lakh meters per annum. In March 2006, the company increased their production capacity of Denim from 100 lakh meters per annum to 200 lakh meters per annum. During the year 2006-07, the company commenced implementation of spinning project, expansion of denim project and setting up of captive power plant. They commissioned their Third Line of Denim by increasing existing capacity from 20 lakh meters per annum to 30 lakh meters per annum. Also, they commissioned one unit of Spinning Project. During the year 2007-08, the company increased the production capacity of Denim and Grey Fabrics from 35600000 meters to 42000000 meters. Also, they increased the installed capacity of Spinning from 7200000 kg to 14400000 kg. During the year 2009-10, the company fully completed expansion project by commissioning their fourth Denim Lines. Thus, the total capacity increased to 40 lakh meters per annum. Also, they commissioned the spinning plant and 15 MW power project. In 2013, the Company increased installed Denim capacity to 71 MMPA; also it increased installed Spinning capacity to 54 TPD. In 2014, the Spinning capacity further was increased to 64 TPD; Installed yarn Dyed Shirting capacity to 10 MMPA; Installed Yarn Dyeing capacity of 6 TPD. In FY 2024, the total installed capacity of the Company included 140.97 units of spinning (TPD).

Jyotiprasad Chiripal

1994

NDL

NameDesignation
Jyotiprasad ChiripalManaging Director
Rahul MehtaIndependent Non Exe. Director
Kirit V JoshiIndependent Non Exe. Director
Nalini NageswaranIndependent Non Exe. Director
Shaktidan GadhaviE D & Wholetime Director
Suresh ChatterjeeIndependent Non Exe. Director
A C PatelIndependent Director
Rinku PatelCompany Sec. & Compli. Officer

Nandan Denim Ltd FAQs

How do I Buy Nandan Denim Ltd Shares?

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By opening a demat account and having your KYC papers confirmed online, you may simply purchase Nandan Denim Ltd shares in BlinkX.

What is the Share Price of Nandan Denim Ltd?

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The share price of any stock is volatile and changes during the day due to a variety of variables. Nandan Denim Ltd's share price is ₹2.47 as of 2026-04-02.

What is the PE ratio of Nandan Denim Ltd?

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Nandan Denim Ltd's P/E ratio is 10.33 times as of 2026-04-02.

What is the PB ratio of Nandan Denim Ltd?

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Nandan Denim Ltd's most recent financial reports indicate a price-to-book ratio of 0.56, showing the company's stock market valuation in relation to the value of its real assets.

What is the Market Cap of Nandan Denim Ltd?

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Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Nandan Denim Ltd's market capitalization is ₹357.48 Cr as on 2026-04-02.

What is the ROE of Nandan Denim Ltd?

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The current financial records of Nandan Denim Ltd show a 5.56% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the Total Asset of Nandan Denim Ltd?

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According to Nandan Denim Ltd's most recent financial filings, the company has a total asset value of ₹817.78, which includes current and non-current assets such as inventory, cash, properties, and equipment.

What is the 52-week high and Low of Nandan Denim Ltd?

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The 52-week high/low price of a Nandan Denim Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Nandan Denim Ltd's 52-week high and low as of 2026-04-02 are ₹4.42 and ₹1.8, respectively.