Nandan Denim Reports 46% Revenue Decline in Q3FY26 Results
Nandan Denim Limited reported challenging Q3FY26 results with revenue declining 46% year-on-year to ₹49,952.72 lakhs and net profit dropping 55% to ₹297.29 lakhs. Nine-month performance showed a 7% revenue decline to ₹2,33,189.43 lakhs, though net profit increased 3% to ₹2,361.89 lakhs. The company is addressing regulatory compliance matters with stock exchanges regarding SEBI LODR regulations.
*this image is generated using AI for illustrative purposes only.
Nandan Denim Limited has reported its unaudited financial results for the quarter and nine months ended December 31, 2025, showing a significant decline in quarterly performance. The Board of Directors approved these results at their meeting held on February 12, 2026.
Financial Performance Overview
The company's Q3FY26 results reflect challenging market conditions with substantial year-on-year declines in key metrics:
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹49,952.72 lakhs | ₹92,615.23 lakhs | -46% |
| Total Income | ₹50,097.36 lakhs | ₹92,800.42 lakhs | -46% |
| Net Profit | ₹297.29 lakhs | ₹658.00 lakhs | -55% |
| Basic EPS | ₹0.02 | ₹0.05 | -60% |
Nine-Month Performance Analysis
The nine-month period ending December 31, 2025 showed mixed results compared to the corresponding period in the previous year:
| Parameter | 9M FY26 | 9M FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹2,33,189.43 lakhs | ₹2,49,802.60 lakhs | -7% |
| Total Income | ₹2,33,670.75 lakhs | ₹2,50,403.63 lakhs | -7% |
| Net Profit | ₹2,361.89 lakhs | ₹2,284.90 lakhs | +3% |
| Basic EPS | ₹0.16 | ₹0.16 | 0% |
Expense Structure and Profitability
The company's cost structure for Q3FY26 showed proportional adjustments with the revenue decline. Cost of materials consumed decreased to ₹41,120.56 lakhs from ₹82,870.26 lakhs in Q3FY25. Employee benefit expenses remained relatively stable at ₹2,143.65 lakhs compared to ₹2,163.30 lakhs in the previous year. Finance costs decreased to ₹673.95 lakhs from ₹861.91 lakhs, while depreciation and amortization expenses were ₹1,165.09 lakhs versus ₹1,361.57 lakhs in Q3FY25.
Regulatory Compliance Update
The company addressed regulatory matters in its board meeting, specifically regarding non-compliance notices from BSE and NSE under Regulation 17(1A) of SEBI (LODR) Regulations, 2015. The board maintained that there is no substantive non-compliance and has applied for waiver of penalties levied by both stock exchanges. The application dated December 02, 2025 is currently under examination by BSE Limited.
Corporate Structure and Share Capital
The company's paid-up equity share capital remained unchanged at ₹14,414.73 lakhs with a face value of ₹1 per share. This reflects the share subdivision approved by shareholders on September 6, 2024, where each equity share of ₹10 face value was subdivided into 10 shares of ₹1 face value each. The current share capital consists of 1,44,14,71,680 equity shares of ₹1 face value each.
Historical Stock Returns for Nandan Denim
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.16% | +1.56% | -8.74% | +3.57% | -18.44% | -89.66% |
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