Nandan Denim Ltd.

Financial

	Nandan Denim	Nitin Spinners	KG Denim
Operational Metrics
Apparel
Manufacturing Capacity - Apparel	110.0 Mn Pieces	n/a	n/a
Realization / Metre - Apparel	151.2 Rs/Metre	n/a	n/a
Clothes
Capacity Utilization - Clothes	171.95 %	n/a	n/a
Denim
Realization/Metre - Denim	163.3 Rs/Metre	n/a	n/a
Manufacturing Capacity - Denim	110.0 MMPA	n/a	n/a
Capacity Utilization - Denim	29.55 %	n/a	n/a
Yarn
Realization / Kg - Yarn	252.89 Rs/Kg	268.51 Rs/Kg	n/a
Manufacuring Capacity - Yarn	56400.0 MTPA	110000.0 MTPA	n/a
Capacity Utilization - Yarn	58.16 %	91.48 %	n/a
Financials
5 yr Average ROE	2.59 %	16.72 %	-18.28 %
5yr average Equity Multiplier	2.6	2.71	6.25
5yr Average Asset Turnover Ratio	1.25	1.06	1.25
5yr Avg Net Profit Margin	0.57 %	6.0 %	-2.02 %
Price to Book	1.04	1.91	2.29
P/E	27.47	15.72	0.0
5yr Avg Cash Conversion Cycle	63.46 Days	87.92 Days	-18.02 Days
Inventory Days	48.55 Days	63.09 Days	97.7 Days
Days Receivable	71.92 Days	35.14 Days	51.17 Days
Days Payable	47.95 Days	14.42 Days	139.92 Days
5yr Average Interest Coverage Ratio	1.5	4.91	0.4
5yr Avg ROCE	7.45 %	17.05 %	4.23 %
5yr Avg Operating Profit Margin	8.08 %	15.84 %	4.64 %
5 yr average Debt to Equity	1.07	1.47	2.92
5yr CAGR Net Profit	-48.06 %	20.78 %	n/a
5yr Average Return on Assets	0.93 %	7.07 %	-2.4 %
Shareholdings
Promoter Holding	64.87 %	56.46 %	58.74 %
Share Pledged by Promoters	0.0	0.0	0.0
Change in Promoter Holding (3 Yrs)	0.14 %	0.29 %	0.11 %
Change in Mutual Fund Holding (3 Yrs)	0.0	3.21 %	0.0

Business

	Nandan Denim	Nitin Spinners	KG Denim
Product Wise Break-Up	Product Wise Break-Up Denim 41.63 Yarn 36.46 Shirts 8.07 Knitted Fabrics 0 carpets 0 Terry towels 0 Fabrics 0 Power 0 Apparel Garments 0 Apparel Fabrics 0 Home Textiles 0 Denim Fabric 0 Others 13.84	Product Wise Break-Up Home Textiles 0 Terry towels 0 carpets 0 Fabric 24.71 Yarn 69.8 Denim 0 Denim Fabric 0 Shirts 0 Power 0 Apparel Garments 0 Knitted Fabrics 0 Apparel Fabrics 0 Others 5.49	Product Wise Break-Up Home Textiles 80.97 Terry towels 0 carpets 0 Fabrics 0 Yarn 0 Denim 0 Denim Fabric 0 Shirts 0 Power 12.18 Apparel 6.85 Knitted Fabrics 0 Apparel Fabrics 0
Location Wise Break-Up	Location Wise Break-Up India 94.95 Rest of the World 5.05	Location Wise Break-Up India 38.93 Rest of the World 61.07	-
Asset Break-Up	Asset Break-Up India 100.0	-	Asset Break-Up India 0 Others 100