Nandan Denim (NSE:NDL) EV-to-EBIT: 12.12 (As of Sep. 12, 2026) — 59% Above Median

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NSE:NDL Nandan Denim Ltd NSE:NDL
78 GF Score
Price ₹2.86
GF Value ₹3.13
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Nandan Denim EV-to-EBIT?

Nandan Denim NSE:NDL -1.38% 78 EV-to-EBIT is 12.12 as of Sep. 12, 2026, which is 59% above its 10-year median of 7.62. GuruFocus rates NSE:NDL with a GF Score™ of 78/100 and a GF Value™ of ₹3.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 831 Manufacturing - Apparel & Accessories companies, Nandan Denim ranks better than 51.38% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nandan Denim's Enterprise Value is ₹5,258 Mil. Nandan Denim's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹434 Mil. Therefore, Nandan Denim's EV-to-EBIT for today is 12.12.

The historical rank and industry rank for Nandan Denim's EV-to-EBIT or its related term are showing as below:

NSE:NDL' s EV-to-EBIT Range Over the Past 10 Years
Min: -20.5   Med: 7.62   Max: 107.07
Current: 12.12

During the past 13 years, the highest EV-to-EBIT of Nandan Denim was 107.07. The lowest was -20.50. And the median was 7.62.

NSE:NDL's EV-to-EBIT is ranked better than
51.38% of 831 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 12.72 vs NSE:NDL: 12.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nandan Denim's Enterprise Value for the quarter that ended in Jun. 2026 was ₹3,474 Mil. Nandan Denim's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹434 Mil. Nandan Denim's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.48%.


Nandan Denim  (NSE:NDL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Nandan Denim's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=433.716/3473.94752
=12.48 %

Nandan Denim's Enterprise Value for the quarter that ended in Jun. 2026 was ₹3,474 Mil.
Nandan Denim's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹434 Mil.

* 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.


Nandan Denim EV-to-EBIT Related Terms


Nandan Denim EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nandan Denim's EV-to-EBIT can be seen below:

* 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.

Nandan Denim EV-to-EBIT Chart

Nandan Denim Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.05 12.63 7.19 9.61 6.67

Nandan Denim Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.59 7.99 5.93 6.67 8.04

Nandan Denim EV-to-EBIT Competitor Comparison

For the Textile Manufacturing subindustry, Nandan Denim's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Nandan Denim's EV-to-EBIT falls into.


NSE:NDL
78GF Score
Nandan Denim Ltd NSE:NDL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nandan Denim EV-to-EBIT Calculation

Nandan Denim's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5257.613/433.716
=12.12

Nandan Denim's current Enterprise Value is ₹5,258 Mil.
Nandan Denim's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹434 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 12.12 mean?
Nandan Denim (NSE:NDL) has a EV-to-EBIT of 12.12 as of Sep. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nandan Denim and its competitors. This is 59% above median its historical median of 7.62. According to the industry distribution chart, Nandan Denim ranks #404 out of 831 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.6%.
Is Nandan Denim's EV-to-EBIT too high?
Nandan Denim's current EV-to-EBIT of 12.12 is 59% above median its 10-year median of 7.62. The Manufacturing - Apparel & Accessories industry median EV-to-EBIT is 12.72. Nandan Denim's value of 12.12 is 4.7% below this industry median. Based on the distribution chart, Nandan Denim ranks #404 out of 831 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nandan Denim has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nandan Denim's EV-to-EBIT compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nandan Denim ranks #404 out of 831 companies for EV-to-EBIT. This puts Nandan Denim in the upper half of its industry. The industry median EV-to-EBIT is 12.72. Nandan Denim's value of 12.12 is 4.7% below this benchmark. While the company's 10-year median is 7.62 vs. the industry median of 12.72, Nandan Denim has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Manufacturing - Apparel & Accessories company?
The median EV-to-EBIT among Manufacturing - Apparel & Accessories companies is 12.72, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nandan Denim's current EV-to-EBIT of 12.12 is 4.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nandan Denim and its competitors. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBIT is 12.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nandan Denim's current EV-to-EBIT is 12.12, which is 59% above median its own 10-year median of 7.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nandan Denim stock overvalued right now?
Based on GuruFocus' analysis, Nandan Denim (NSE:NDL) is currently considered Fairly Valued. The stock's GF Value™ is ₹3.13, compared to a current price of ₹2.86 — trading 8.6% below its estimated fair value. The current EV-to-EBIT is 12.12, which is 59% above median its 10-year median of 7.62 and 4.7% below the Manufacturing - Apparel & Accessories industry median of 12.72. Nandan Denim's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Nandan Denim (NSE:NDL), the current EV-to-EBIT is 12.12 as of Sep. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nandan Denim (NSE:NDL) Overvalued in 2026?

Based on GuruFocus' analysis, Nandan Denim stock appears to be undervalued. The current stock price of ₹2.86 is trading 8.6% below its estimated GF Value™ of ₹3.13. GuruFocus considers Nandan Denim to be Fairly Valued.

Key valuation signals for NSE:NDL:

  • EV-to-EBIT: 12.12 (59% above median its 10-year median of 7.62)
  • GF Value™: ₹3.13 vs. price of ₹2.86 (8.6% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 4.7% below the Manufacturing - Apparel & Accessories median (#404 of 831)

No single metric tells the full story. See the NSE:NDL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nandan Denim Business Description

Other Exchanges 532641:India
Address Near Shivranjani Cross Road, 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.
78GF Score

Get the complete analysis for NSE:NDL

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2.86
Price
₹3.13
GF Value