share price rose by over 1% on Friday, 29 May, following its Q4 results. The company reported a marginal decline in profitability for the financial year ended 31 March, amid lower revenue during the period. The company posted a net profit of ₹33.13 crore in FY26 compared to ₹33.45 crore in FY25.
Revenue from operations declined to ₹2,871.87 crore from ₹3,546.68 crore in the previous financial year, while total income stood at ₹2,886.07 crore. The Board of Directors approved the audited standalone financial results on 28 May 2026.
For the March quarter, the company reported a net profit of ₹9.51 crore on total income of ₹549.37 crore.
On the cost front, total expenses declined to ₹2,843.82 crore in FY26 from ₹3,508.45 crore a year ago, mainly due to lower raw material costs, which fell to ₹2,486.05 crore from ₹3,118.24 crore.
Finance costs also eased significantly to ₹17.66 crore from ₹36.74 crore in FY25, while employee benefit expenses remained largely stable at ₹87.95 crore.
Nandan Denim share price today
Nandan Denim share price today opened at 2.65 apiece on the . The stock touched an intraday high of ₹2.67 and an intraday low of ₹2.64 per share.
Nandan Denim share price has remained under pressure across most timeframes, reflecting weak investor sentiment in the counter.
The stock has declined nearly 7% over the past one month and is down over 14% in the last six months. Over the past year, the stock has fallen by more than 34%, significantly underperforming the Sensex, which declined around 7% over the same period.
However, the stock has shown some short-term resilience, gaining 1.5% over the past week and outperforming the benchmark index. Year-to-date, Nandan Denim shares are down over 9%, broadly in line with the broader market weakness.
According to Rajesh Bhosale, Equity Technical and Derivative Analyst at , the stock has been consolidating over the past few sessions amid low trading volumes. He noted that the counter falls in the penny stock category, with immediate support placed around ₹2.4, while ₹3 is likely to act as a key resistance level, coinciding with the 200-day moving average (200 DMA).
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