Nandan Denim LimitedQ1 FY27 Results & Financial Update
Nandan Denim Limited: Q1 FY27 standalone results and company financials – revenue ₹622.39 Cr, PAT ₹14.80 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Nandan Denim price & chart
Quarter overview
Quarterly earnings analysis
During the quarter ended June 30, 2026, Nandan Denim Limited reported total revenue from operations of INR 622.39 crore on a standalone basis.
Total income for Q1 FY27 reached INR 624.82 crore, inclusive of INR 2.43 crore in other income.
Profit before tax (PBT) for the quarter stood at INR 10.32 crore, reflecting operational performance before factoring in tax adjustments.
The company registered a net profit (PAT) of INR 14.80 crore for the quarter, aided by a net tax credit of INR 4.48 crore driven by excess/short provisions of income tax or deferred tax of earlier years.
Basic and diluted earnings per share (EPS) for the unannualised period both stood at INR 0.10 based on a face value of INR 1 per share.
Cost of materials consumed formed the dominant expense head at INR 519.44 crore, alongside other expenses of INR 55.67 crore and employee benefit expenses of INR 23.19 crore.
Segment reporting under Ind AS 108 remained inapplicable as the company operates exclusively within the single reportable segment of textiles.
01 · Business model
What does Nandan Denim do?
Nandan Denim Limited is an established Indian textile manufacturer operating out of Ahmedabad, Gujarat, specializing primarily in the production and distribution of denim fabrics.
The company operates within a single reportable business segment, textiles, serving both domestic and international apparel markets.
Its manufacturing footprint encompasses spinning, weaving, and processing operations, converting raw cotton and yarn into finished denim fabric.
02 · Historical context
What shaped the business before this quarter
Mr. Jyotiprasad Devkinandan Chiripal originally joined Nandan Denim Limited as Managing Director in 2017 and was subsequently re-appointed effective June 1, 2022.
03 · Financial snapshot
Current-quarter financial snapshot
| Metric | Q1 FY27 |
|---|---|
| Revenue from operations | ₹622.39 Cr |
| Total income | ₹624.82 Cr |
| Profit before tax | ₹10.32 Cr |
| Profit after tax | ₹14.80 Cr |
| EPS | ₹0.10 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 2.4% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 1.7% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹2.43 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations for the quarter stood at INR 622.39 crore, derived primarily from the sale of textile products.
Other income contributed INR 2.43 crore to the total income of INR 624.82 crore during Q1 FY27.
What drove margins
Cost of materials consumed represented the largest cost component at INR 519.44 crore for the quarter.
Other expenses stood at INR 55.67 crore, while employee benefit expenses were recorded at INR 23.19 crore.
Depreciation and amortisation expenses amounted to INR 11.63 crore, and finance costs were recorded at INR 4.86 crore.
The net profit was positively impacted by a negative tax expense of INR 4.48 crore, resulting from a tax reversal of INR 5.07 crore for excess or short provisions of earlier years.
05 · Strategy & new businesses
How the company is trying to change its growth mix
Subsequent to the quarter end on July 13, 2026, Nandan Denim entered into a Share Transfer cum Shareholders' Agreement with Opera Vayu (Narmada) Private Limited (SPV) and Shivman Wind Energy Private Limited to purchase wind and solar power under a group captive renewal power route, acquiring a 6.1% equity stake (4,002,096 shares) for a total consideration of INR 4.00 crore.
06 · Reported developments
What changed operationally
The company reported a net profit of INR 14.80 crore for Q1 FY27, supported by favourable tax adjustments.
07 · Beyond the numbers
What changed beyond the numbers
Board Appointment of Managing Director
On August 12, 2026, the Board of Directors approved the re-appointment of Mr. Jyotiprasad Devkinandan Chiripal as Managing Director for a further period of five years, effective from June 1, 2027, to May 31, 2032, subject to shareholder approval.
08 · Key Q&A
The quarter, answered directly
What does Nandan Denim do?
Nandan Denim Limited is an established Indian textile manufacturer operating out of Ahmedabad, Gujarat, specializing primarily in the production and distribution of denim fabrics.
What is the clearest takeaway from Q1 FY27?
During the quarter ended June 30, 2026, Nandan Denim Limited reported total revenue from operations of INR 622.39 crore on a standalone basis.
What drove revenue or demand?
Revenue from operations for the quarter stood at INR 622.39 crore, derived primarily from the sale of textile products.
What mattered most for margins or profitability?
Cost of materials consumed represented the largest cost component at INR 519.44 crore for the quarter.
What changed operationally beyond the headline numbers?
Subsequent to the quarter end on July 13, 2026, Nandan Denim entered into a Share Transfer cum Shareholders' Agreement with Opera Vayu (Narmada) Private Limited (SPV) and Shivman Wind Energy Private Limited to purchase wind and solar power under a group captive renewal power route, acquiring a 6.1% equity stake (4,002,096 shares) for a total consideration of INR 4.00 crore.
What should the next disclosure help confirm?
Upcoming general meetings will seek shareholder approval for the re-appointment of the Managing Director.
09 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.
The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.
10 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Shareholder Approval for Leadership: Upcoming general meetings will seek shareholder approval for the re-appointment of the Managing Director.
- 02
Group Captive Power Integration: Monitor the operational commencement and power supply integration from the newly acquired stake in Opera Vayu (Narmada) Private Limited for renewable energy consumption.
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