About Nahar Spinning Mills Ltd
Data last updated:
Nahar Spinning Mills Ltd is a public limited company based in Ludhiana, Punjab, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 16 December 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L13111PB1980PLC004341. Its GSTIN is 03AAACN5710D1Z6 (Punjab). The company holds 3 GST registrations, of which 2 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500296 and NSE: NAHARSPING.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹18.03 Cr. It was formerly known as Nahar Spinning Mills Pvt Ltd. It is led by directors including Dinesh Oswal (Managing Director) and Vijay Asdhir.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 373 Industrial Area Phase A, Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2026, the company reported a revenue of ₹3,233.11 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹18.62 Cr (net margin 0.6%) and EBITDA of ₹161.8 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 9% over five years.
The company has about 2,546 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NAHAR Group. As per MCA filings, the company has open charges of ₹1,817.7 Cr and satisfied charges of ₹2,072 Cr on record. Court records list 160 cases involving the company, including 79 filed by the company and 81 filed against it; 18 cases are pending. The company has 8 deals on record (8 market trades); the latest was in January 2024. Its 5 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles) are compared by revenue, 2 larger and 3 smaller; the largest is Sintex Industries Limited with revenue of ₹3,893.42 Cr. The company has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 28 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website owmnahar.com.
Company details
CIN history
Nahar Spinning Mills has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L13111PB1980PLC004341, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L13111PB1980PLC004341 | Current |
| L17115PB1980PLC004341 | Previous |
| U17115PB1980PLC004341 | Previous |
Contact details
Nahar Spinning Mills Ltd's registered office is in Ludhiana, Punjab.
- Registered Address373 Industrial Area Phase A, Ludhiana, Punjab, India – 141003
- IndustryEnvironment, Solar Energy Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Nahar Spinning Mills operates one associated brand: NAHAR Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fabrics and garments are contract-manufactured by NAHAR Group. | owmnahar.com |
Business activity
The main business activity of Nahar Spinning Mills is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Nahar Spinning Mills Ltd, buy the company report.
Financials of Nahar Spinning Mills Ltd
FY 2026 filings availableNahar Spinning Mills Ltd reported revenue of ₹3,233.11 Cr (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 1% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3,233.11 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹161.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nahar Spinning Mills Ltd, buy the company report.
Board of directors of Nahar Spinning Mills Ltd
Nahar Spinning Mills has 10 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Asdhir Also directs: Nahar Capital and Financial Services Limited | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
| Manisha Gupta Also directs: Nahar Poly Films Limited, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 3 more | Director | 26 Sep 2017 | 9 Years 1 Months | Current |
| Roshan Lal Behl Also directs: Nahar Poly Films Limited, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 4 more | Director | 29 Sep 2020 | 6 Years 1 Months | Current |
| Dinesh Gogna Also directs: Nahar Poly Films Limited, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 5 more | Director | 21 May 1985 | 41 Years 5 Months | Current |
| Satish Kumar Sharma | Director | 15 Jan 2007 | 19 Years 9 Months | Current |
| Dinesh Oswal Also directs: Nahar Poly Films Limited, Nahar Capital and Financial Services Limited, Nahar Industrial Enterprises Limited and 5 more | Managing Director | 21 May 1985 | 41 Years 5 Months | Current |
Peer comparison
Nahar Spinning Mills Ltd is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sintex Industries Limited | ₹3,893.42 Cr (FY 2025) | 1.0% | Kalol, Gujarat, India | |||
| Alok Industries Limited | ₹3,819.85 Cr (FY 2025) | -31.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Nitin Spinners Limited | ₹3,309.25 Cr (FY 2025) | 14.0% | Bhilwara, Rajasthan, India | |||
| Nahar Spinning Mills Ltdthis company | ₹3,233.11 Cr (FY 2026) | ₹18.62 Cr | 0.6% | -2.0% | Ludhiana, Punjab, India | |
| Sanathan Textiles Limited | ₹3,016.1 Cr (FY 2025) | 1.0% | Silvassa, Dadra and Nagar Haveli, India | |||
| Sangam (India) Limited | ₹2,872.32 Cr (FY 2025) | 9.0% | Bhilwara, Rajasthan, India |
To see the full peer comparison of Nahar Spinning Mills Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 2025 | 101181992 | Idbi Bank Limited | ₹20 Cr | Open | |
| 27 Oct 2025 | 101181176 | Idbi Trusteeship Services Limited | ₹265 Cr | Open | |
| 15 Dec 2021 | 100531488 | Idbi Trusteeship Services Limited | ₹204.7 Cr | Open | |
| 11 Feb 2019 | 100252362 | Others | ₹66 Cr | Open | |
| 25 Jun 2012 | 10366137 | Others | ₹125 Cr | Open |
To see the full charge records of Nahar Spinning Mills Ltd, buy the company report.
Total charge records: 53 View all charges
Deals & funding
Nahar Spinning Mills Ltd has 8 deals on record (8 market trades); the latest was in January 2024.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2024 | Market trade | ₹6.69 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Nov 2023 | Market trade | ₹5.71 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Nov 2019 | Market trade | ₹87.3 Lakh | Buyer: Nahar Capital and Financial Services Limited Seller: an individual |
| Feb 2016 | Market trade | ₹1.75 Cr | Seller: an individual |
| Mar 2011 | Market trade | ₹3.4 Cr | Buyer: an individual Seller: an individual |
To see the full deal history of Nahar Spinning Mills Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nahar Spinning Mills Ltd has 160 court cases on record: 79 filed by Nahar Spinning Mills, 81 filed against it. 18 cases are pending and 142 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 96 | 36 | 11 |
| District courts | 52 | 40 | 7 |
| Supreme Court | 12 | 5 | 0 |
Cases on record (5 of 160)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Daulatram Engineering Services Limited and 1 other | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Oocl (India) Pvt. Ltd and 3 others | Pending |
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Punjab State Power Corporation Limited and 1 other | Disposed |
| District court, Ludhiana, Punjab | Execution petition | Filed against the company by United India Insurance Co.Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed against the company by United India Insurance Company Limited | Disposed |
To see the full case history of Nahar Spinning Mills Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Nahar Spinning Mills Ltd was last rated by Crisil on 31 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Jul 2020 |
To see the full credit ratings and regulatory alerts of Nahar Spinning Mills Ltd, buy the company report.
MSME payment delays
Nahar Spinning Mills Ltd has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 28 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Empire Multipack Private Limited | |||
| Avadhoot Paper Packaging Private Limited | |||
| Franstek Belts Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nahar Spinning Mills Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nahar Spinning Mills has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACN5710D1Z6 | Punjab | Active | 01 Jul 2017 |
| 23AAACN5710D1Z4 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nahar Spinning Mills Ltd, buy the company report.
Recent activity
Nahar Spinning Mills Ltd has 24 board changes on record since 1985: 17 appointments and 7 cessations. The latest: Amrik Singh Sohi ceased to be Director on 26 Sep 2022.
139 earlier events are in the company report.
News
Frequently asked questions
Nahar Spinning Mills is an active public limited company based in Ludhiana, Punjab, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 16 December 1980 (46+ years old) and is registered under CIN L13111PB1980PLC004341. Listed on BSE: 500296 and NSE: NAHARSPING.
Nahar Spinning Mills has 10 current directors:
- Dinesh Oswal - Managing Director
- Vijay Asdhir - Director
- Manisha Gupta - Director
- Roshan Lal Behl - Director
- Dinesh Gogna - Director
- Satish Kumar Sharma - Director
- Jawahar Lal Oswal - Director
- Kamal Oswal - Director
- Anchal Kumar Jain - Director
- Yash Paul Sachdeva - Director
The latest financial statements of Nahar Spinning Mills on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nahar Spinning Mills is 03AAACN5710D1Z6, registered in Punjab. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAACN5710D1Z4 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Nahar Spinning Mills is L13111PB1980PLC004341. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nahar Spinning Mills is a listed company as per MCA records. Its shares are listed on both BSE (code: 500296) and NSE (symbol: NAHARSPING).
Nahar Spinning Mills has 160 court cases on record: 79 filed by the company and 81 filed against it. 18 are pending. Most are in the high courts.
Nahar Spinning Mills was incorporated on 16 December 1980, making it 46+ years old. It is registered with the Registrar of Companies, Chandigarh.
Nahar Spinning Mills has 8 deals on record (8 market trades); the latest was in January 2024.
The peers of Nahar Spinning Mills by revenue are Sintex Industries Limited, Alok Industries Limited, Nitin Spinners Limited, Sanathan Textiles Limited, Sangam (India) Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (manufacture of textiles).
Amrik Singh Sohi ceased to be Director on 26 Sep 2022. Suresh Kumar Singla ceased to be Director on 26 Sep 2022. Anchal Kumar Jain was appointed as Director on 24 Aug 2022. Nahar Spinning Mills has 24 board changes on record in total.
Nahar Spinning Mills has 2 MSME Form 1 returns on record for the period ending Sep 2019, listing 28 overdue payments to 18 micro and small suppliers. The latest return was filed on 31 Oct 2019.
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