Nahar Spinning Mills Ltd - environment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
CIN L17115PB1980PLC004341 Incorporated 16 December 1980 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed - NSE: NAHARSPING · BSE: 500296 Public Limited Company environment
Data last updated
Market Cap
₹940 Cr
NAHARSPING · NSE
Share Price
₹261.55
+0.40% today
Revenue
₹3,218 Cr
FY 2025-26 · -2.0% YoY
EBITDA
₹162 Cr
Margin 5.0%
Net Profit
₹18.62 Cr
FY 2025-26 · +134.8% YoY
P/E (TTM)
12.0x
P/B 0.6x
ROE
1.2%
ROCE 3.2%
Debt / Equity
0.69
Interest cover 84.6x

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 L17115PB1980PLC004341. 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 latest standalone financials for FY 2025-26, the company reported a revenue of ₹3,217.92 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%). The net worth stands at ₹1,512.11 Cr (up 1.5% YoY). Total assets are valued at ₹2,500.06 Cr (down 3.7% YoY).

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 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 2 smaller; the largest is Gokaldas Exports Limited with revenue of ₹3,928.77 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 L17115PB1980PLC004341
Registration Number 004341
Incorporation Date 16 December 1980
ROC Chandigarh
Listing Status Listed - Listed on NSE (NAHARSPING); Listed on BSE (500296)
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

CIN history

Nahar Spinning Mills has one previous CIN (Corporate Identification Number): U17115PB1980PLC004341. The current CIN is L17115PB1980PLC004341, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L17115PB1980PLC004341Current
U17115PB1980PLC004341Previous

Contact details

Nahar Spinning Mills Ltd's registered office is in Ludhiana, Punjab. Its website is owmnahar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    373 Industrial Area Phase A, Ludhiana, Punjab, India – 141003
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Nahar Spinning Mills Ltd, buy the company report.

Comprehensive company report
Nahar Spinning Mills Ltd - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Nahar Spinning Mills operates one associated brand: NAHAR Group. Each brand links to its own profile.

BrandDescriptionWebsite
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 textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

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 2025-26 filings available

Nahar Spinning Mills Ltd reported revenue of ₹3,217.92 Cr (down 2% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹3,218 Cr
-2.0% YoY
EBITDA
₹162 Cr
+0.6% YoY
Profit After Tax
₹18.62 Cr
+134.8% YoY
Net Worth
₹1,512 Cr
+1.5% YoY
Total Assets
₹2,500 Cr
-3.7% YoY
Total Debt
₹983 Cr
-10.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,2183,2853,0502,7973,5942,1122,083
Revenue growth-2.0%+7.7%+9.1%-22.2%+70.2%+1.4%-
EBITDA16216181.7321281019863.30
EBITDA margin+5.0%+4.9%+2.7%+7.6%+22.6%+9.4%+3.0%
Profit before tax26.0221.14(61.39)15067553.53(78.06)
Net profit18.627.93(36.63)10749940.36(53.49)
Net profit margin+0.6%+0.2%-1.2%+3.8%+13.9%+1.9%-2.6%
EPS (₹)6.043.42(14.15)30.69139.0911.47(14.70)
Balance sheet
Total assets2,5002,5972,6382,2922,6171,9721,744
Net worth1,5121,4891,4811,5541,601898819
Total debt9831,1011,1517301,0131,074924
Cash & bank1.7833.161.5452.873.751.764.52
Net working capital1,4801,5781,5181,1181,4871,148920
Cash flow
Cash from operations19093.10(395)609261(85.31)61.17
Cash from investing(85.48)14.26(49.32)(257)(161)(53.19)(78.06)
Cash from financing(136)(75.74)393(303)(98.54)13619.50
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue966917703779819876812776
Revenue growth (YoY)+17.9%+4.7%-13.5%+0.4%-0.2%---
Other income9.425.674.101.733.6811.263.4817.62
Total expenses839858688754762811775773
EBITDA12758.7414.5725.5757.7264.9236.853.23
EBITDA margin+13.2%+6.4%+2.1%+3.3%+7.0%+7.4%+4.5%+0.4%
Depreciation24.5022.5022.7722.9223.1623.5424.0324.13
Interest18.6312.8212.9611.4117.1920.2915.0118.15
Profit before tax93.3829.09(17.06)(7.03)21.0532.351.29(21.43)
Tax23.505.67(4.15)(2.39)5.099.930.54(3.98)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue966917703779819876812776
Revenue growth (YoY)+17.9%+4.7%-13.5%+0.4%-0.2%---
Other income9.425.674.101.733.6811.263.4817.62
Total expenses839858688754762811775773
EBITDA12758.7414.5725.5757.7264.9236.853.23
EBITDA margin+13.2%+6.4%+2.1%+3.3%+7.0%+7.4%+4.5%+0.4%
Depreciation24.5022.5022.7722.9223.1623.5424.0324.13
Interest18.6312.8212.9611.4117.1920.2915.0118.15
Profit before tax93.3829.09(17.06)(7.03)21.0532.351.29(21.43)
Tax23.505.67(4.15)(2.39)5.099.930.54(3.98)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,2183,2853,0502,7973,5942,1122,083
Revenue growth-2.0%+7.7%+9.1%-22.2%+70.2%+1.4%-
Other income15.1934.3515.5544.3114.516.967.28
Total expenses3,0563,1242,9682,5852,7841,9142,019
Employee cost320318292255268190230
EBITDA16216181.7321281019863.30
EBITDA margin+5.0%+4.9%+2.7%+7.6%+22.6%+9.4%+3.0%
Depreciation91.3595.2288.4872.5675.4582.0281.64
Interest59.6278.7970.1933.2474.6769.4467.00
Profit before tax26.0221.14(61.39)15067553.53(78.06)
Tax4.228.78(10.30)39.5517312.12(25.00)
Net profit18.627.93(36.63)10749940.36(53.49)
Net profit margin+0.6%+0.2%-1.2%+3.8%+13.9%+1.9%-2.6%
EPS (₹)6.043.42(14.15)30.69139.0911.47(14.70)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital18.0518.0518.0518.0518.0518.0518.05
Reserves & surplus1,4941,4711,4631,5361,583880801
Shareholders' funds (net worth)1,5121,4891,4811,5541,601898819
Secured loans9831,1011,1517301,003999854
Unsecured loans0.000.000.000.0010.0075.0070.00
Total debt9831,1011,1517301,0131,074924
Total liabilities2,5002,5972,6382,2922,6171,9721,744
Assets
Gross block1,7601,7221,6811,5131,3621,2591,211
Net block816864918838752724756
Capital work in progress32.005.312.6710121.0327.666.82
Investments14613913416330661.3222.18
Inventories8458601,1207931,049740650
Sundry debtors512618428315523309272
Cash & bank balances1.7833.161.5452.873.751.764.52
Loans & advances280189200148193304149
Total current assets1,6381,7011,7491,3091,7681,3551,076
Total current liabilities159123231190281207156
Net working capital1,4801,5781,5181,1181,4871,148920
Total assets2,5002,5972,6382,2922,6171,9721,744
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash33.161.5452.873.751.764.521.90
Net cash from operating activities19093.10(395)609261(85.31)61.17
Net cash from investing activities(85.48)14.26(49.32)(257)(161)(53.19)(78.06)
Net cash from financing activities(136)(75.74)393(303)(98.54)13619.50
Net change in cash(31.38)31.62(51.33)49.121.99(2.76)2.62
Closing cash1.7833.161.5452.873.751.764.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.0%+7.7%+9.1%-22.2%+70.2%+1.4%-
EBITDA growth+0.6%+96.8%-61.4%-73.9%+309.2%+212.8%-
PBT growth+23.1%+9998.0%--77.7%+1160.5%+9998.0%-
Net income growth+134.8%+121.7%-134.1%-78.5%+1137.0%+175.5%-
Revenue CAGR (3Y)+4.8%-3.0%+13.0%+10.3%+16.0%-0.3%-0.8%
EBITDA CAGR (3Y)-8.6%-41.7%-25.6%+49.6%+51.1%+28.4%-30.4%
Profitability & leverage
Net income margin+0.7%+0.4%-1.7%+4.0%+14.0%+2.0%-2.6%
Return on capital employed+3.3%+3.7%+0.9%+7.5%+32.7%+6.6%-0.6%
Return on net worth+1.2%+0.5%-2.4%+7.0%+40.2%+4.8%-6.3%
Debt / equity0.690.760.620.550.841.161.07
Long-term debt / equity0.120.140.140.120.140.210.13
Interest cover84.63120.14-1,039.8523.8710.1659.86-365.32
Efficiency & per share
Fixed asset turnover1.851.931.911.952.741.711.79
Inventory turnover3.773.323.193.044.023.043.27
Debtors turnover5.696.288.216.688.637.277.19
EPS (₹)6.043.42(14.15)30.69139.0911.47(14.70)
Dividend per share (₹)1.001.001.001.503.501.500.00
Book value per share (₹)418.80412.50410.23430.37443.29248.69226.87

To see the full year-wise 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Vijay AsdhirDirector26 Sep 20179 Years 1 MonthsCurrent
Manisha GuptaDirector26 Sep 20179 Years 1 MonthsCurrent
Roshan Lal BehlDirector29 Sep 20206 Years 1 MonthsCurrent
Dinesh GognaDirector21 May 198541 Years 5 MonthsCurrent
Satish Kumar SharmaDirector15 Jan 200719 Years 9 MonthsCurrent
Dinesh OswalManaging Director21 May 198541 Years 5 MonthsCurrent
Showing 6 of 10 current directors. View all directors

Peer comparison

Nahar Spinning Mills Ltd is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gokaldas Exports Limited₹3,928.77 Cr (FY 2025)63.0%Mumbai, Maharashtra, India
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
Garden Silk Mills Private Limited₹3,608.13 Cr (FY 2025)27.0%Kolkata, West Bengal, India
Nitin Spinners Limited₹3,309.25 Cr (FY 2025)14.0%Bhilwara, Rajasthan, India
Nahar Spinning Mills Ltdthis company₹3,217.92 Cr (FY 2026)₹18.62 Cr0.6%-2.0%2,546Ludhiana, Punjab, 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.

Auditor

Nahar Spinning Mills Ltd is audited by GUPTA VIGG &CO. CHARTERED ACCOUNTANTS for the financial year 2024.

Auditor firmFinancial yearFirm registration number
GUPTA VIGG &CO. CHARTERED ACCOUNTANTSFY 2024001393N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 68.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 32.00%.

Promoters: 68.00%Retail & Others: 32.00%
Sep 2026
QUARTER
68.00% Promoters
32.00% Retail & Others
Promoter holding - history
Now 68.00% · Sep 2026High 68.00% · Jun 2026Low 67.40% · Dec 2025
66%66.8%67.5%68.3%69%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 67.40%Mar 2026: 67.40%Jun 2026: 68.00%Sep 2026: 68.00%68.00%67.40%68.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters68.00%68.00%67.40%67.40%
Public32.00%32.00%32.60%32.60%

Charges & borrowings

Open charges
₹1,817.7 Cr
Satisfied charges
₹2,072 Cr
Breakdown by lending institutions
Others₹1,328.00 Cr
Idbi Trusteeship Services Limited₹469.70 Cr
Idbi Bank Limited₹20.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Nov 2025101181992Idbi Bank Limited₹20 CrOpen
27 Oct 2025101181176Idbi Trusteeship Services Limited₹265 CrOpen
15 Dec 2021100531488Idbi Trusteeship Services Limited₹204.7 CrOpen
11 Feb 2019100252362Others₹66 CrOpen
25 Jun 201210366137Others₹125 CrOpen

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.

Total deals
8
Market trades
8

Deals on record (5 of 8)

WhenDealAmountParties
Jan 2024Market trade₹6.69 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Nov 2023Market trade₹5.71 CrBuyer: Graviton Research Capital LLP
Seller: Graviton Research Capital LLP
Nov 2019Market trade₹87.3 LakhBuyer: Nahar Capital and Financial Services Limited
Seller: an individual
Feb 2016Market trade₹1.75 CrSeller: an individual
Mar 2011Market trade₹3.4 CrBuyer: 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.

Credit ratings & regulatory alerts

Nahar Spinning Mills Ltd was last rated by Crisil on 31 Jul 2020.

Rating agencyRated onRating
Crisil31 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)

SupplierAmount dueDue sinceReported 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.

Employees & EPFO

Nahar Spinning Mills Ltd has a workforce of 2,546 employees on its EPFO records as of May 31, 2025, across 9 active EPFO establishments.

Employee count
2,546
Active EPFO establishments
9
Employee growth
-70.4%

GST

Nahar Spinning Mills has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
03AAACN5710D1Z6PunjabActive01 Jul 2017
23AAACN5710D1Z4Madhya PradeshActive01 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.

Filing
Nahar Spinning Mills Ltd has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
Charges
A charge with Idbi Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101181992 was registered on 06 Nov 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 265.00 Cr with Charge ID 101181176 was registered on 27 Oct 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 204.70 Cr registered on 15 Dec 2021 with Charge ID 100531488 was modified on 27 Oct 2025.
AGM
Nahar Spinning Mills Ltd last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 1,137.00 Cr registered on 28 Jul 2000 with Charge ID 90169405 was modified on 25 Jun 2025.
Charges
A charge registered on 28 Sep 2018 via Charge ID 100207184 with Others was fully satisfied on 16 Jan 2025.
Ceased
Amrik Singh Sohi ceased to be Director.
Ceased
Suresh Kumar Singla ceased to be Director.
Appointed
Anchal Kumar Jain was appointed as Director.
Appointed
Yash Paul Sachdeva was appointed as Director.
Charges
A charge registered on 31 Mar 2018 via Charge ID 100169851 with Others was fully satisfied on 14 Jul 2022.

139 earlier events are in the company report.

News

NAHARSPING: Q2 SL NET PROFIT 710M RUPEES VS LOSS 46.4M (YOY)
30 Oct 2026 · Exchange Update
NAHARSPING: Q2 REVENUE 8.9B RUPEES VS 7.8B (YOY)
30 Oct 2026 · Exchange Update
NAHARSPING: Q2 EBITDA 1.2B RUPEES VS 258M (YOY); Q2 EBITDA MARGIN 13.2% VS 3.31% (YOY)
30 Oct 2026 · Exchange Update

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 L17115PB1980PLC004341. Listed on BSE: 500296 and NSE: NAHARSPING.

Nahar Spinning Mills reported revenue of ₹3,217.92 Cr for FY 2025-26 (down 2% YoY) based on standalone financials.

Nahar Spinning Mills has 10 current directors:

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 L17115PB1980PLC004341. 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 Gokaldas Exports Limited, Sintex Industries Limited, Alok Industries Limited, Garden Silk Mills Private Limited, Nitin Spinners Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).

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.