On 6 Nov 2026, Nahar Industrial Enterprises was priced at ₹120.26, or 7.2× trailing earnings, against an industry P/E of 17.0×, and the shares are 22% below their 52-week high. Sales and net profit fell 7.3% and 13% a year over 3 years, with ROCE of 7.8% and ROE of 5.1%. Debt is 0.65× equity. It is a small-cap company with a market cap of ₹520 Cr, ranked 52nd of 246 Textile Manufacturing companies by market cap; the shares rose 7.3% over the past year.
- ₹122.60
- ₹122.60
- ₹118.10
- ₹121.79
- 3.8K
Health check
- ReturnsBehind
+7.3% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/E 7.2 vs industry 17.0.
- GrowthShrinking
Sales −7.3%, profit −13.3% a year over 3 years.
- ProfitabilityWeak
ROCE 7.8% vs peer median 10.7%.
- Balance sheetStretched
Debt 0.65× equity, interest covered 1.4×.
- Red flags3 to check
Return on equity is low at 5.1%.
Small cap
Defensive
Key metrics
- Market cap
- ₹520 Cr
- Small cap
- P/E
- 7.2
- Industry 17.0
- Price to book
- 0.50
- Peers 3.81
- Dividend yield
- 0.00%
- ROE
- 5.1%
- Peers 10.1%
- ROCE
- 7.8%
- Peers 10.7%
- Debt to equity
- 0.65
- Debt ₹682 Cr
- EPS (TTM)
- ₹16.72
- Face value ₹10
- OPM (TTM)
- 5.6%
- Net margin 5.4%
- Sales growth
- −18.8%
- Latest quarter vs a year ago
- Profit growth
- +510.5%
- Latest quarter vs a year ago
- Price to sales
- 0.39
- EV/EBITDA 6.2
Strengths and risks
Strengths
- Quarterly profit up 510.5% on a year ago.
- P/E of 7.2 against an industry P/E of 17.0.
Risks to check
- Return on equity is low at 5.1%.
- Quarterly sales down 18.8% on a year ago.
- Interest coverage of only 1.4×.
About Nahar Industrial Enterprises
Nahar Industrial Enterprises Limited engages in the textile and sugar business in India. The company operates through Textile, Sugar, and Others segments. It offers woven fabrics, yarns, garments, knit wear, garments, poly films, and other products. The company was formerly known as Oswal Fats & Oils Limited and changed its name to Nahar Industrial Enterprises Limited in 1994. Nahar Industrial Enterprises Limited was incorporated in 1983 and is based in…
- Headquarters
- Ludhiana
- Employees
- 6,066
- Sector
- Consumer Cyclical
- ISIN
- INE289A01011
- Website
- owmnahar.com
Price range
- Avg volume (3M)
- 40.9K
- 1-year return
- plus 7.3%
- From 52-week high
- minus 21.9%
Peers · Textile Manufacturing
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KPRMILLK.P.R. Mill | 1,164.40 | minus 0.25% | 39,883 | 38.3 | 6.41 | 20.0% | 18.0% | 22.1% | 2.3% | 2.1% | 0.43% | plus 10.5% |
| WELSPUNLIVWelspun Living | 241.30 | minus 4.75% | 22,717 | 52.8 | 4.47 | 5.8% | 8.8% | 28.7% | 5.7% | 0.9% | 0.04% | plus 96.2% |
| VTLVardhman Textiles | 508.80 | minus 4.89% | 14,729 | 14.3 | 1.38 | 8.6% | 7.3% | 13.7% | −0.8% | −2.1% | 0.98% | plus 22.2% |
| ARVINDArvind | 494.75 | minus 0.58% | 12,969 | 28.4 | 3.10 | 15.4% | 11.1% | 10.9% | 3.4% | 0.8% | 0.91% | plus 57.3% |
| TRIDENTTrident | 23.88 | plus 0.08% | 12,168 | 25.4 | 2.53 | 10.7% | 10.1% | 14.9% | 1.8% | −5.1% | 2.09% | minus 16.6% |
| ICILIndo Count Industries | 489.85 | minus 2.25% | 9,702 | 39.8 | 3.81 | 9.5% | 5.5% | 9.7% | 11.6% | −22.9% | 0.31% | plus 78.7% |
| GARFIBRESGarware Technical Fibres | 715.65 | minus 2.13% | 6,988 | 29.8 | 4.97 | 19.3% | 15.3% | 19.2% | 5.6% | 4.9% | 1.26% | minus 3.9% |
| NAHARINDUSNahar Industrial Enterprises | 120.26 | minus 1.26% | 520 | 7.2 | 0.50 | – | 6.9% | 5.6% | – | – | 0.00% | plus 7.3% |
| Median of 7 peers | – | −2.13% | 12,969 | 29.8 | 3.81 | 10.7% | 10.1% | 14.9% | 3.4% | 0.8% | 0.91% | 22.2% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 388 | 339 | 338 | 338 | 315 | |
| 372 | 343 | 323 | 305 | 286 | |
| 15.2 | −3.3 | 15.2 | 33.4 | 28.8 | |
| 3.9% | −1.0% | 4.5% | 9.9% | 9.1% | |
| 14.4 | 46.3 | 18.1 | 21.5 | 26.4 | |
| 12.6 | 9.8 | 10.7 | 10 | 13 | |
| 11.3 | 12.7 | 13 | 13.4 | 11.9 | |
| – | −0.8 | – | −0 | −0.3 | |
| 5.7 | 19.7 | 9.7 | 31.6 | 29.9 | |
| 28.2% | 16.3% | 40.2% | 20.9% | 16.6% | |
| 4.1 | 16.5 | 5.8 | 25 | 25 | |
| 0.95 | 3.82 | 1.34 | 5.78 | 5.78 |
Profit & loss
- Sales CAGR 3Y
- −7.3%
- Profit CAGR 3Y
- −13.3%
- EPS CAGR 3Y
- −15.7%
- ROE
- 5.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,764 | 1,464 | 1,525 | 1,404 | |
| – | minus 17.0% | +4.1% | minus 8.0% | |
| 1,619 | 1,408 | 1,454 | 1,343 | |
| 145 | 56 | 70.5 | 60.7 | |
| 8.2% | 3.8% | 4.6% | 4.3% | |
| 11.6 | 24 | 34.8 | 50.6 | |
| 33.8 | 25.6 | 42.3 | 43.7 | |
| 48.3 | 45.8 | 47.6 | 50.4 | |
| 26.1 | 3.2 | 8.6 | 49.4 | |
| 101 | 11.8 | 24 | 66.6 | |
| 21.7% | 17.4% | 23.0% | 23.0% | |
| 78.9 | 9.7 | 18.5 | 51.3 | |
| – | minus 87.7% | +90.0% | +177.7% | |
| 19.80 | 2.25 | 4.28 | 11.88 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 43.4 | 43.4 | 43.4 | 43.4 | |
| 916 | 927 | 947 | 1,000 | |
| 268 | 522 | 611 | 670 | |
| 133 | 165 | 192 | 187 | |
| 1,361 | 1,658 | 1,793 | 1,900 | |
| 494 | 525 | 551 | 577 | |
| 37 | 56.6 | 42.5 | 66.3 | |
| 39.9 | 41.4 | 42 | 50.6 | |
| 8.7 | 31.3 | 16.1 | 35.3 | |
| 781 | 1,004 | 1,141 | 1,171 | |
| 1,361 | 1,658 | 1,793 | 1,900 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 504 | −71.8 | 77.7 | 63 | |
| −55 | −152 | −126 | −58.2 | |
| −449 | 227 | 45 | 15.3 | |
| −0.1 | 3 | −2.9 | 20.1 | |
| −85.1 | −139 | −196 | −177 | |
| 418 | −211 | −118 | −114 | |
| −0 | −0.2 | −0.4 | – |
Shareholding pattern
- Promoters71.24%
- Public28.76%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 71.24% | 28.76% | 0.00 | |
| 30 Jun 2026 | 71.24% | 28.76% | 0.00 | |
| 31 Mar 2026 | 71.24% | 28.76% | 0.00 | |
| 31 Dec 2025 | 71.24% | 28.76% | 0.00 | |
| 30 Sep 2025 | 71.24% | 28.76% | – |
Major shareholders
Filings & events
News
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