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Nandan Denim (BOM:532641) Profitability Rank : 6 (As of Dec. 2023)


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What is Nandan Denim Profitability Rank?

Nandan Denim has the Profitability Rank of 6.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Nandan Denim's Operating Margin % for the quarter that ended in Dec. 2023 was 4.88%. As of today, Nandan Denim's Piotroski F-Score is 5.


Competitive Comparison of Nandan Denim's Profitability Rank

For the Textile Manufacturing subindustry, Nandan Denim's Profitability Rank, along with its competitors' market caps and Profitability Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nandan Denim's Profitability Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nandan Denim's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Nandan Denim's Profitability Rank falls into.



Nandan Denim Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Nandan Denim has the Profitability Rank of 6.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Nandan Denim's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=225.486 / 4621.769
=4.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Nandan Denim has an F-score of 5 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Nandan Denim Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -13.3%.

4. Consistency of the profitability

5. Predictability Rank


Nandan Denim Profitability Rank Related Terms

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Nandan Denim (BOM:532641) Business Description

Traded in Other Exchanges
Address
Near Shivranjani Cross Roads, Chiripal House, Satellite, Ahmedabad, GJ, IND, 380015
Nandan Denim Ltd is engaged in the manufacturing and sale of fabrics. Its product portfolio includes Regular Basic denim, Knit denim, Smart Casuals, Textured, Organic Cotton yarn, Blended yarn, and others. The majority of its revenue is generated from the Indian market and it also exports its products to other countries.

Nandan Denim (BOM:532641) Headlines

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