Low PE Textile Penny Stock Below Rs 5: Company Reports Positive Results in Q4FY25 & FY25; PAT Jumps 62 Per Cent QoQ
From Rs 2.96 (52-week low) to Rs 4.02 per share, the stock is up by 36 per cent.
Nandan Denims Ltd.’s shares plunged 1.71 per cent to Rs 4.02 per share from their previous closing of Rs 4.09 per share. The stock's 52-week high was Rs 7.33 per share while its 52-week low was at Rs 2.96 per share. The stock is trading above the 50-day moving average or 50-DMA.
Nandan Denim Ltd (NDL), a cornerstone of the Chiripal Group since its inception in 1994, has evolved from a textile trading enterprise into a global denim powerhouse. Today, it stands as India's premier and the world's fourth-largest denim manufacturer, catering to a vast customer base across 27 countries and major Indian retailers. NDL's expansive product range, encompassing over 2,000 annual denim variations, shirting fabrics, and sustainable organic cotton yarn, is complemented by a robust in-house R&D department dedicated to driving textile innovation.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
According to Quarterly Results, the revenue increased by 13.2 per cent to Rs 1,048.65 crore in Q4FY25 compared to Q3FY25. The company reported a net profit of Rs 10.63 crore in Q4FY25, an increase of 62 per cent from the net profit of Rs 6.58 crore in Q3FY25. In its annual results, the company reported net sales of Rs 3,546.68 crore in FY25 compared to Rs 2,010.09 crore in FY24, an increase of 76 per cent. The company reported a net profit of Rs 33.48 crore in FY25.
Nandan Denims has a market cap of over Rs 570 crore. As of March 2025, the maximum share is owned by the company's promoter (51.01 per cent). The shares of the company have a PE of 11x whereas the industry PE is 22x. From Rs 2.96 (52-week low) to Rs 4.02 per share, the stock is up by 36 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.