Nahar Spinning Mills Limited (NAHARSPING) - Net Assets

Latest as of March 2026: Rs15.12 Billion INR ≈ $163.53 Million USD

Based on the latest financial reports, Nahar Spinning Mills Limited (NAHARSPING) has net assets worth Rs15.12 Billion INR (≈ $163.53 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs26.93 Billion ≈ $291.26 Million USD) and total liabilities (Rs11.81 Billion ≈ $127.73 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore NAHARSPING total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs15.12 Billion
% of Total Assets 56.15%
Annual Growth Rate 5.79%
5-Year Change -5.53%
10-Year Change 76.59%
Growth Volatility 19.16

Nahar Spinning Mills Limited - Net Assets Trend (2007–2026)

This chart illustrates how Nahar Spinning Mills Limited's net assets have evolved over time, based on quarterly financial data. Check NAHARSPING goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Nahar Spinning Mills Limited (2007–2026)

The table below shows the annual net assets of Nahar Spinning Mills Limited from 2007 to 2026. For live valuation and market cap data, see Nahar Spinning Mills Limited (NAHARSPING) market capitalisation.

Year Net Assets Change
2026-03-31 Rs15.12 Billion
≈ $163.53 Million
+1.53%
2025-03-31 Rs14.89 Billion
≈ $161.07 Million
+0.55%
2024-03-31 Rs14.81 Billion
≈ $160.18 Million
-4.68%
2023-03-31 Rs15.54 Billion
≈ $168.05 Million
-2.92%
2022-03-31 Rs16.01 Billion
≈ $173.09 Million
+78.25%
2021-03-31 Rs8.98 Billion
≈ $97.11 Million
+9.62%
2020-03-31 Rs8.19 Billion
≈ $88.59 Million
-6.59%
2019-03-31 Rs8.77 Billion
≈ $94.84 Million
+7.14%
2018-03-31 Rs8.19 Billion
≈ $88.52 Million
-4.40%
2017-03-31 Rs8.56 Billion
≈ $92.60 Million
+6.54%
2016-03-31 Rs8.04 Billion
≈ $86.92 Million
+5.71%
2015-03-31 Rs7.60 Billion
≈ $82.23 Million
-0.41%
2014-03-31 Rs7.63 Billion
≈ $82.57 Million
+22.67%
2013-03-31 Rs6.22 Billion
≈ $67.31 Million
+13.42%
2012-03-31 Rs5.49 Billion
≈ $59.35 Million
-17.60%
2011-03-31 Rs6.66 Billion
≈ $72.02 Million
+20.08%
2010-03-31 Rs5.55 Billion
≈ $59.98 Million
+9.30%
2009-03-31 Rs5.07 Billion
≈ $54.88 Million
-3.41%
2008-03-31 Rs5.25 Billion
≈ $56.82 Million
+1.15%
2007-03-31 Rs5.19 Billion
≈ $56.17 Million
--

Equity Component Analysis

This analysis shows how different components contribute to Nahar Spinning Mills Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component Amount Percentage
Common Stock Rs180.53 Million 1.19%
Other Components Rs14.94 Billion 98.81%
Total Equity Rs15.12 Billion 100.00%

Nahar Spinning Mills Limited Competitors by Market Cap

The table below lists competitors of Nahar Spinning Mills Limited ranked by their market capitalization.

Company Market Cap
RumbleON Inc
NASDAQ:RMBL
$121.37 Million
SENFONG
KLSE:5308
$121.39 Million
Bohae Brewery
KO:000890
$121.42 Million
Tribeca Global Natural Resources Ltd
AU:TGF
$121.49 Million
Endava Ltd
NYSE:DAVA
$121.35 Million
Shanghai Jinjiang International Travel Co Ltd
SHG:900929
$121.29 Million
GREENLAND RESOURCES INC.
F:M0LY
$121.22 Million
Orion Gold NL
JSE:ORN
$121.22 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nahar Spinning Mills Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2025 to 2026, total equity changed from 14,893,645,000 to 15,121,180,000, a change of 227,535,000 (1.5%).
  • Net income of 218,193,000 contributed positively to equity growth.
  • Dividend payments of 36,065,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,442,176,000.
  • Other factors increased equity by 9,487,583,000.

Equity Change Factors (2025 to 2026)

Factor Impact Contribution
Net Income Rs218.19 Million +1.44%
Dividends Paid Rs36.06 Million -0.24%
Other Comprehensive Income Rs-9.44 Billion -62.44%
Other Changes Rs9.49 Billion +62.74%
Total Change Rs- 1.53%

Book Value vs Market Value Analysis

This analysis compares Nahar Spinning Mills Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.65x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.16x to 0.65x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-03-31 Rs144.01 Rs311.15 x
2008-03-31 Rs145.67 Rs311.15 x
2009-03-31 Rs140.70 Rs311.15 x
2010-03-31 Rs153.78 Rs311.15 x
2011-03-31 Rs184.66 Rs311.15 x
2012-03-31 Rs152.16 Rs311.15 x
2013-03-31 Rs172.58 Rs311.15 x
2014-03-31 Rs211.70 Rs311.15 x
2015-03-31 Rs210.82 Rs311.15 x
2016-03-31 Rs222.85 Rs311.15 x
2017-03-31 Rs237.42 Rs311.15 x
2018-03-31 Rs226.97 Rs311.15 x
2019-03-31 Rs243.16 Rs311.15 x
2020-03-31 Rs227.13 Rs311.15 x
2021-03-31 Rs248.97 Rs311.15 x
2022-03-31 Rs443.80 Rs311.15 x
2023-03-31 Rs430.86 Rs311.15 x
2024-03-31 Rs410.70 Rs311.15 x
2025-03-31 Rs414.26 Rs311.15 x
2026-03-31 Rs479.57 Rs311.15 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nahar Spinning Mills Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 1.44%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.68%
  • • Asset Turnover: 1.19x
  • • Equity Multiplier: 1.78x
  • Recent ROE (1.44%) is below the historical average (5.12%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 12.38% 7.05% 0.72x 2.44x Rs123.47 Million
2008 2.29% 1.31% 0.62x 2.83x Rs-405.17 Million
2009 -3.28% -1.66% 0.80x 2.47x Rs-673.75 Million
2010 9.64% 4.82% 0.70x 2.86x Rs-19.70 Million
2011 17.98% 8.60% 0.62x 3.37x Rs531.30 Million
2012 -21.36% -6.91% 0.91x 3.41x Rs-1.72 Billion
2013 12.60% 4.00% 0.97x 3.24x Rs161.53 Million
2014 19.03% 6.59% 1.01x 2.85x Rs689.55 Million
2015 2.66% 0.94% 1.07x 2.63x Rs-558.21 Million
2016 6.21% 2.45% 1.02x 2.49x Rs-304.78 Million
2017 5.37% 2.16% 1.21x 2.05x Rs-396.54 Million
2018 -3.93% -1.53% 1.06x 2.43x Rs-1.14 Billion
2019 7.43% 2.86% 1.19x 2.18x Rs-225.75 Million
2020 -6.48% -2.58% 1.08x 2.33x Rs-1.35 Billion
2021 4.61% 1.98% 0.95x 2.45x Rs-483.76 Million
2022 31.38% 14.42% 1.18x 1.84x Rs3.42 Billion
2023 7.13% 4.05% 1.09x 1.62x Rs-445.97 Million
2024 -3.45% -1.73% 1.02x 1.95x Rs-1.99 Billion
2025 0.83% 0.38% 1.19x 1.85x Rs-1.37 Billion
2026 1.44% 0.68% 1.19x 1.78x Rs-1.29 Billion

Industry Comparison

This section compares Nahar Spinning Mills Limited's net assets metrics with peer companies in the Textile Manufacturing industry.

Industry Context

  • Industry: Textile Manufacturing
  • Average net assets among peers: $-17,345,034,220
  • Average return on equity (ROE) among peers: 8.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nahar Spinning Mills Limited (NAHARSPING) Rs15.12 Billion 12.38% 0.78x $121.36 Million
Aarvee Denims & Exports Limited (AARVEEDEN) $1.68 Billion -38.29% 3.24x $38.07 Million
Akshar Spintex Limited (AKSHAR) $345.07 Million 24.78% 1.28x $3.41 Million
Alok Industries Limited (ALOKINDS) $-215.28 Billion 0.00% 0.00x $646.51 Million
Alps Industries Limited (ALPSINDUS) $2.75 Billion 11.03% 1.56x $14.51 Million
Axita Cotton Limited (AXITA) $38.36 Million 30.20% 4.91x $30.21 Million
AYM Syntex Limited (AYMSYNTEX) $1.08 Billion 14.90% 2.77x $159.49 Million
Banswara Syntex Limited (BANSWRAS) $3.57 Billion 4.06% 1.11x $47.14 Million
Bannari Amman Spinning Mills Limited (BASML) $2.81 Billion 7.19% 2.63x $23.39 Million
Bombay Dyeing & Mfg Company Limited (BOMDYEING) $23.44 Billion 20.91% 0.28x $272.32 Million
Cheviot Company Limited (CHEVIOT) $6.12 Billion 8.20% 0.09x $71.42 Million

About Nahar Spinning Mills Limited

NSE:NAHARSPING India Textile Manufacturing
Market Cap
$121.36 Million
Rs11.22 Billion INR
Market Cap Rank
#18402 Global
#990 in India
Share Price
Rs311.15
Change (1 day)
+10.69%
52-Week Range
Rs150.84 - Rs311.15
All Time High
Rs666.74
About

Nahar Spinning Mills Limited manufactures and sells yarns and garments in India. It offers woollen, woollen blended, cotton, polyester cotton, other blended, compact, mercerized gassed, organic cotton, etc. yarns; cotton/ blended knitted hosiery pullovers, T shirts, baby suites, ladies tops, winter thermals, tracksuits, jackets, hoodies etc.; woollen pullovers, cardigans, shirts, coats, baby suit… Read more