The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Nahar Industrial Enterprises Limited is an India-based company, which is engaged in the business of textiles and sugar in India. The Company operates through two segments: Textile and Sugar. The Textile segment is engaged in the production of yarn and fabric. The Sugar…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, reasonably priced — but flagged on governance.
Nahar Industries is scored on the general / industrial framework. It keeps a thin 3.4% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.23× reported profit. Free cash flow is worth about 0.9% of its market value.
Over the last 3 years revenue compounded at -6%/yr and profit at -13%/yr. Book value has been broadly flat (2.8%/yr). Return on equity is a weak 4.9%. In the latest quarter profit grew 0% versus the prior quarter.
At 10× earnings, the stock sits at the 39th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-5%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: 149% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 7.26 | — | — |
| P/B | 0.52 | 2.89 | better |
| EV/EBITDA | 6.36 | — | — |
| ROE | 4.92 | 9.38 | worse |
| ROCE | 6.3 | 11.35 | worse |
| ROA | 3.8 | — | — |
| Quick Ratio | 0.89 | 1.29 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
Revenue declined 4% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (-6% vs -13%) — costs are rising faster than the top line. The latest year saw a +178% swing — check if it's a one-off or structural.
Operating margins have been stable around 4% — no major structural shift.
ROE at 5% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
Profit grew faster than EPS (-13% vs -16%) — share dilution is eroding per-share value. -16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Cash conversion at 1.2× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 5% QoQ — could be seasonality or a genuine slowdown.
Quarterly net margins are expanding (4% → 7%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 71.2% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.