Nandan Denim Reports Mixed Q2 Results: Revenue Dips, Profit Rises

Nandan Denim Limited , a key player in the Indian textile industry, has released its unaudited financial results for the quarter ended September 30, 2025, revealing a mixed performance with a decline in revenue but an increase in profit.

Financial Highlights

Particulars (Rs. in lakhs)	Q2 FY2026	Q2 FY2025	% Change
Revenue from Operations	78,468.97	85,025.08	-7.71%
Net Profit	944.70	877.75	+7.63%
Basic EPS (Rs.)	0.07	0.06	+16.67%

Revenue and Profitability

Nandan Denim reported a revenue from operations of Rs. 78,468.97 lakhs for the quarter, marking a 7.71% decrease compared to Rs. 85,025.08 lakhs in the same quarter of the previous year. Despite the revenue decline, the company managed to improve its bottom line, with net profit rising to Rs. 944.70 lakhs, a 7.63% increase from Rs. 877.75 lakhs in Q2 FY2025.

Earnings Per Share

The company's basic earnings per share (EPS) for the quarter stood at Rs. 0.07, up from Rs. 0.06 in the corresponding quarter last year, representing a 16.67% increase.

Half-Year Performance

For the half-year ended September 30, 2025, Nandan Denim's revenue from operations reached Rs. 1,83,236.71 lakhs, showing a significant growth of 16.57% compared to Rs. 1,57,187.37 lakhs in the previous half-year. However, the net profit for the half-year decreased to Rs. 2,064.60 lakhs from Rs. 3,344.85 lakhs in the same period last year.

Balance Sheet Overview

As of September 30, 2025, Nandan Denim's total assets stood at Rs. 1,23,248.59 lakhs, slightly lower than Rs. 1,27,449.19 lakhs reported on March 31, 2025. The company's equity share capital remained unchanged at Rs. 14,414.72 lakhs.

Cash Flow and Liquidity

The company's cash and cash equivalents improved to Rs. 486.19 lakhs as of September 30, 2025, up from Rs. 251.30 lakhs at the end of the previous fiscal year. This increase in liquidity may provide the company with more flexibility in its operations and investments.

Conclusion

Nandan Denim's Q2 FY2026 results present a picture of resilience in the face of revenue headwinds. The company's ability to increase profitability and EPS, despite a decrease in revenue, may indicate effective cost control measures and operational improvements. However, investors and stakeholders may want to keep an eye on the revenue trend in upcoming quarters to assess the company's growth trajectory in the competitive textile sector.

The company's board of directors approved these unaudited financial results at their meeting held on November 13, 2025, as per the regulatory requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
0.0%	-3.12%	-5.18%	-23.59%	-38.05%	+357.35%

Nandan Denim Limited , a leading textile manufacturer, has announced significant changes to its board and reported robust financial results for the first quarter of fiscal year 2026.

Board Appointments

The company's Board of Directors has approved the appointment of two new Additional Directors in Independent Capacity, subject to shareholder approval:

Mr. Suresh Chatterjee (DIN: 03565196): A finance professional with 25 years of senior-level experience in public financial institutions and the private sector. Mr. Chatterjee brings a unique blend of technical expertise in Chemical Engineering, financial acumen, and legal knowledge to the board.
Mr. Ambalal Patel (DIN: 00037870): With over 30 years of experience at Gujarat Industrial Investment Corporation Ltd. (GIIC), Mr. Patel has extensive knowledge in project identification, appraisal, and financial assistance. His career includes roles such as Technical Adviser (Metallurgy) and handling various aspects of industrial development in Gujarat.

Both appointments are for a term of five consecutive years, effective from August 06, 2025, to August 05, 2030.

New Secretarial Auditor

The Board has also appointed M/s. J. D. Khatnani & Associates as the company's Secretarial Auditor for a term of five years, covering the financial years 2025-26 to 2029-30. This appointment is subject to approval by the members in the ensuing Annual General Meeting.

Q1 FY2026 Financial Results

Nandan Denim has reported strong financial performance for the quarter ended June 30, 2025:

Particulars (Rs. in lakhs)	Q1 FY2026	Q1 FY2025	YoY Change
Revenue from Operations	104,767.74	72,162.29	45.18%
Total Income	104,921.48	72,386.06	44.95%
Profit Before Tax	1,481.91	1,130.63	31.07%
Net Profit	1,119.90	749.15	49.49%
Earnings Per Share (Rs.)	0.08	0.05	60.00%

The company has shown significant year-over-year growth across all key financial metrics. Revenue from operations increased by 45.18%, while net profit saw a substantial rise of 49.49% compared to the same quarter in the previous fiscal year.

Management Commentary

Jyotiprasad Chiripal, Managing Director of Nandan Denim Limited, stated, "We are pleased with our strong start to the fiscal year 2026. The appointment of Mr. Chatterjee and Mr. Patel as Independent Directors will bring valuable expertise to our board, supporting our growth strategy. Our financial results demonstrate the resilience of our business model and the increasing demand for our products."

The company's focus on operational efficiency and strategic initiatives appears to be yielding positive results, as reflected in the robust financial performance for the quarter.

Nandan Denim Limited continues to strengthen its position in the textile industry, with these board appointments and strong financial results indicating a positive outlook for the company's future growth and governance.