A
Nandan
One warld with denies NANDAN DENIM LIMITED
UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED 30" SEPTEMBER, 2015,
ee ee ee (Rs. in lakhs except share and per equity share data)|
= on a zee ou eta
= SS
[aa [Oe aa [pea ae
peas rao
(a) Net Sales/income from operations 29,453.26 28,050.95 27,694.20 37,504.21, 54,063.04 109,653.34]
(b) Other operating 3 * t . ~]
ate
{a Cost of materials consumed GIST | 17a | 70,51 | 39,10. | 59, 37awo | 72,201.25
{d) Employee benefit expenses. 1371.12 1113.07 1,077.88 Tae 4,387.26]
(f) Other expenses: 3,908.89 3,682.22 3,278.44 7591.10 6,406.28 12,951.34
——
{fee 7
Tax & Deferred Tax of eartier years ar asr
a)
CHAIRMAN
10290545),
Ahmedabad We
3 November, 2015 RY
Nandan Denim Limited
(Formerly known as Nandan Exim Limited)
(oiwasi9096.1994°1c022719)
Plant Regd. Office: Corporate House:
survey. 19871 20, Salpur Copa teanaload, Pp Anmadcbed 362408 Cina Howse, hvonjon Cross ads Seale, Aynecabaa- 380015
191987920019 Webalerenwinendendem.com Enoki nendandenin.cém ‘mor au7anauds For O79 26758655,PART =I
Sr Particulars
juarter Ended
Half Year Ended,
Year ended
30.09.2015)
30,06,2015_| 30.09.7014
30.09.2075
30.09.2074
31.03.2015
‘| PARTICULARS OF STUAREROLDING
“| Publie Shareholding
= Number of Shares 7790336
5,77 90,336 | —T6781603
177 90,535
“a7e1BS
177-9 336
=~ Percentage of Sharéholi 39.06%
39.06% 1.23%
39.06%
ADE
3.058
2.| Promaters & Promoter Group
Shareholding
(a) Pledged / Encumbored
Number of Shares 1,05, 00,000
15 40,000. | 1,94, 0000
705 00,000
794,90 000
1,05 40,000
= Pereentage of shares (asa
percentage ofthe total,
Shareholding of Promoter &
Promoter Grout)
37.83%
37.97% nis
37.83%
nae
37.97%
Percentage of shares [asa
percentage ofthe total share 23.05%
‘capital ofthe Company)
23.14% 2.7%
23.05%
aI%
()Non-encumbered
= Number of Shares 1 7E 5B TOO
Tigao | PTE
TSE TO
TTBS
172,18, 720
Percentage of shares fas 8
percentage ofthe Lota
Shareholding of Promoter &
Promoter Group)
2.7%
2.03% 249%
etme
249%
0%
Percentage of shares (asa
percentaye ofthe total share 37.89%
‘apital of te Company)
37.80% 15.90%
37.8%
15.98%
37.80%
B._[ INVESTOR CONPLAINTS
‘Quarier ended 30.09.2015
endlng atthe beginning of the quarter
iL
Received during te quarter
08
Disposed of during the quarter
08
Remaining unresolved at the end oF
‘quarter
IL
Notes:
1. The above Unaudited Results have been reviewed by the Audit Committee and approved by the Board of Directors at their
respective meetings held on 3° November, 2015. The Statutory Auditors of the Company have carried out a Limited Review of the
aforesaid results;
‘The company has only one business segment jc. Textiles. Hence, segment wise reporting is not applicable;
Figures of the previous quarter / year have been regrouped/ rearranged wherever necessary;
“The results of the Company are available at vnww.bseindia.com, vww.nselndia.com and wwww.nandandenimn.com.
For NANDAN DENIM .
‘Ahmedabad
VEDPRAI PAL
3° November, 2015
CHAIRMAN
(DIN: 00290545)
Nandan Denim Limited
(Formerly known as Nandan Exim Limited)
(CILS1909G01994".C022719)
Plant & Regd. Office: Corporate House:
survey i, 198, 2092, Sofps Sopp Pranaood ple, Avredabad- 382408, Chia House, sharin Cos ood, Seite, Ayredabad- 380018
rh.191987920019 Welle wwwinondendnim.com Ealuriog nandendenim com im: or? 2674s Fan 079 25768858_{n
Nandan
Oneworld win Genin i
[STATEMENT OF ASSETS AND LIABILITIES AS AT 30™ SEPTEMBER, 2015
(fs. in lakhs)
Se. Particulars sat Beat
No. 30.09.2015 | 31.03.2015
Unaudited Audited
"A [EQUITY AND LIABILITIES
7. | Shareholders? Funds:
a) Share Capita Ts 5491
{by Reserves and Surplus 2aaa.ot Ta7.91
(6) Weney recelved agatha are Warns 0.00 0.00
[Sub-Total Shareholder” Funds 75,358.32 | 75 Bra
| sare Applicaton Money pending alien 3.00 3.00
7 Hho carrent abies
‘ah ong Ter Bars Hara | — AVE
{B) beterfed Tax Lables [net T2887 2aa2I7
{¢)-Otier Long Term Uabes 0.0 0.00
{e_Long Term Provisions 0.00 0.00
| Sub-Total: Won Current Cabs TE,Tiz-76| 30,764.80
curren abinies — ms
oa) Shor Ter Borownge TEST TASS
{b) Trade Payables 4a. 63042
{e)- Other Current Labies 60281 70
(Gl Shor Term Provon 7,106.75 129237
Sub-Total Current Lables 27,784.68 | 79,840.08
“TOTAL = EQUITY AND UABILTIES 90,496.36 | 85,587.70
a | asses
4. | Non- Currant Aste
(a) iced sets SOEIT| —— ayaa
(6) Non-Current vestments TAIT TAT
(e)Defarred Tax Asset (REO) 0.00 0.00
(a)-Long Term Loans & Advances 7040.12 Tose
(e} Other Non-Curent Assets 26.05 S727
Subs Total - Non Current Asko 51,926.24 | 47,730.66
z
0.00 O00
Feber 59.56 Tames
(c) Trae Receiables 1287770 1472075
(a) Cath and Cash Equivalents 6,123.85 601078
{e} Short Terni Loans Advances 5359.01 353057
(Other current Asets 0.00 0.00
Sub-Total = Current Assets 38,570.12 | 36,757.04
TOTAL ASSETS 90,496.36 | 85,987.70
SD reresippene-
S7.sann\2\
sess ers) venoms cna
3" November, 2015 8 CHAIRMAN
(DIN: 00290545)
Nandan Denim Limited
(Formerly known as Nandan Exim Limited)
(CILsi9096s1994"1C022719)
Plant Regd. Office: | Corporate House:
‘suyoyNo. 19,2032, Spu-GopapuPeanafead Peel Ahradabad-382405, Chiat Heuo, shnjart Clos ood Saale, Amaciabod- 300018
x.4919879200199 Wobet:wnwinondendenin.com Emalnfogpandanenen.com in ors 2uraussa2s Fx: 07926758658,Nandan NANDAN DENIM LIMITED
One world with denim Press Release for the Quarter ended September 30, 2015
Qe”
Nandan
‘One World with Denim
Nandan Denim reports PAT of Rs.15.61 crore, up
30.5% in Q2 of FY 2015-16
Financial Highlights
{Rs Crore)
Q2 H1
Growth Growth
rrasas | evaes rrasas | Fraaas
a o) (ey
NetProfit | a5] a5 305e[saa1| 73.43 | azam
EBITDA 50.76|43.97| 154% | 95.98] e426 | 13.9%
Net Sales | 29453| 27694 6.4% | 575.04] _Sa0e3| 64%
eps (Rs) [3432.68 sea] saa
November 03, 2015, Ahmedabad: Nandan Denim Limited (NDL), India’s second largest
integrated denim fabric manufacturer has reported a net profit of Rs.15.61 crore for the Q2
of FY 2015-16 as against Rs. 11.95 crore in the corresponding period of 2014-15, a rise of
30.5%, Net sales for second quarter ended September 2015 at Rs.294.53 crore were higher
by 6.4% over previous fiscal’s same quarter net sales of Rs. 276.94 crore. Company reported
healthy EBITDA and PAT margin in Q2 FYA6 at 17.2% and 5.3% respectively. EPS for Q2 FY 15
stood at Rs3.43 (Face value of Rs. 10 per share).
For the six months ended September 2015, company reported a net profit of Rs.31.11 crore
against @ net profit of Rs. 23.43 crore in the corresponding period last year, growth of
32.8%. Net sales in first half of FY 2015-16 at Rs.575.04 crore were higher by 6.4% compared
to Rs.540.63 crore in the first half of previous fiscal. For H1 FY 2015-16, EBITDA margin
stood at 16.7% and PAT margin at 5.4%,
Deepak Chiripal, CEO, Nandan Denim Limited said, “
We are a learning organisation where we learn new dimensions of business every day. We
are building an organisation that is agile to respond to the market forces and resilient
enough to stand any possible adverse situation. We are investing in technology and
manpower to make a power house where quality rules at the highest hierarchy”
Nandan Denim Limited
(Formerly known as Nandan Exim Limited)
(ewvA519096N1994RLC022719),
Plant &Regd. Oftice: Corporate House;
‘tavey. 19/1, 2092, Spar Copp PhenaPoad Pl. Amadeiod- 382405, ‘citalHour, stimaen Cross ods, Sole, Aenedebad 380015
1.:4919679200199 Weosiewinandandesm.com Enalinoanandandenm.com is Orezorsaeonas For O7- 26760606Nandan NANDAN DENIM LIMITED
Ono world with Gentry Press Release for the Quarter ended September 30, 2015
“company is following its well defined charter of growth and we are pleased with the
performance so far. A disciplined approach inline with the long term strategy would enable
us to further cement our position in the industry. The Company has made a significant
progress on the proposed capacity expansion of Rs. 612 crore that is expected to be on
stream in QU, FY 17. The major CAPEX orders have already been finalised and civil activities
are in full swing.”
About Nandan Denim Ltd (www.nandandenim.com)
Nandan Denim Limited (NDL} Is India's second and world’s fifth largest integrated denim
fabric maker. Company commenced its operations in 1994 with textile trading business and
forayed. into textile manufacturing in 2004. Nandan Denim currently engages in
‘manufacturing of denims, cotton fabrics and khakis.
NDL is a part of leading conglomerate, Chiripal Group, established in 1972 and is currently
diversified across several businesses like Textiles, Petrochemicals, Chemicals, Packaging,
Infrastructure and Education,
Headquartered in Ahmedabad, Gujarat, NDL has expanded its capacity from 6 MMPA to the
intended capacity of 110 MMPA over the period of last 10 years. Further, company-has
earmarked a capacity expansion plan to strengthen-its domestic market share, expand its
exports business and have an increased focus on value-added segments. Post expansion,
NOL will become the largest denim manufacturer in the country and the fourth largest in the
world.
‘The Company has a state-of-the-art manufacturing facility unit near Ahmedabad, Gujarat
and exports its denim fabric to over 25 countries. A team of 3,000 passionate & motivated
Individuals drive Nandan Denim Ltd,
The company is listed on BSE and NSE! For the year ended March 31, 2025, Nandan Denim
Ltd posted net profit of Rs, 51.4 crore on net sales of Rs. 1,096.5 crore. In the last 5 years,
‘company has managed strong growth with CAGR of 21% in sales and 31% in net profit.
For further information please contac
Ms. Krishna Patel
Dy. Manager Finance
E-mail; krishnapatel@chiripalgroup.com
Nandan Denim Limited
(Formerly known as Nandan Exim Limited)
(CLS190960199401C022719)
Plant aRegd. Office: Corporate House:
suveyNo, 190120872, Saipu-Gepepu,Prenatond Pel Avmeabod-362405, ‘ti! Hou, Siero ros Road, ae, Amedeo 380015
‘m.'+019679200199 Wee wnnondendesm.com matsewnandoncenim ecm imsare ab7aasotian Far 07926760856,J.T. Shah & Co.
CHARTERED ACCOUNTANTS
fo
joard of Directors of
JANDAN DENIM LIMITED
‘ormerly known as NANDAN EXIM LIMITED)
lnmedabad,
fe have reviewed the accompanying statement of unaudited financial results of NANDAN DENIM
LIMITED (Formerly known as NANDAN EXIM LIMITED) having its Registered Office at Survey
No.198/1 & 203/2, Saijpur, Gopalpur, Pirana Road, Piplaj, Ahmedabad, for the quarter ended on
30/09/2015 except for the disclosures regarding ‘Public Shareholding’ and ‘Promoter and Promoter
Group Shareholding’ which have been traced from disclosures made by the management and have not
been audited by us. This statement is the responsibility of the Company's Management and has been
approved by the Board of Directors/ committee of Board of Directors. Our responsibility is to issue a
report on these financial statements based on our review.
We conducted our review in accordance with the Standard on Review Engagement (SRE) 2410,
Engagements “Review of Interim Financial Information performed by the Independent Auditor of the
Entity’, issued by the Institute of Chartered Accountants of India. This standard requires that we plan
‘and perform the review to obtain moderate assurance as to whether the financial statements are free
of material misstatement. A review is limited primarily to inquiries of company personnel and an
analytical procedure applied to financial data and thus provides less assurance than an audit. We have
not performed an audit and accordingly, we do not express an audit opinion.
Based on our review conducted as above, nothing has come to our attention that causes us to believe
that the accompanying statement of unaudited financial results prepared in accordance with
applicable accounting standards specified under Section 133 of the Companies Act, 2013 read with
rule 7 of the Companies (Accounts) Rules, 2014 and other recognized accounting practices and
policies has not disclosed the information required to be disclosed in terms of Clause 41 of the Listing
‘Agreements with the Stock Exchange, including the manner in which itis to be disclosed, or that it
contains any material misstatement.
For, J. T. Shah & Co.
Chartered Accountants
(RN No, 109616W)
2 03/11/2015 TES
Place: Ahmedabad (Cotas
NTs 4
U-T. Shah)
Partner
[M.No.3983]
202, Lalita Complex, 352, Rasla Marg,
ifrrangpara, Atma’ 380 08
one Bot 44 20,208 4 90, 264 440 40
Fn 265 60440 + Ema: nto@fenahen com