Nandan Denim (NSE:NDL) EV-to-EBITDA: 6.00 (As of Sep. 12, 2026) — 36% Above Median

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

What is Nandan Denim EV-to-EBITDA?

Nandan Denim NSE:NDL -1.38% 79 EV-to-EBITDA is 6.00 as of Sep. 12, 2026, which is 36% above its 10-year median of 4.40. GuruFocus rates NSE:NDL with a GF Score™ of 79/100 and a GF Value™ of ₹3.13 (Fairly Valued). The stock has 6 warning signs investors should review. Among 887 Manufacturing - Apparel & Accessories companies, Nandan Denim ranks better than 73.39% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Nandan Denim's enterprise value is ₹5,258 Mil. Nandan Denim's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹876 Mil. Therefore, Nandan Denim's EV-to-EBITDA for today is 6.00.

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

NSE:NDL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.53   Med: 4.4   Max: 9.38
Current: 6

During the past 13 years, the highest EV-to-EBITDA of Nandan Denim was 9.38. The lowest was 0.53. And the median was 4.40.

NSE:NDL's EV-to-EBITDA is ranked better than
73.39% of 887 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 9.22 vs NSE:NDL: 6.00

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-12), Nandan Denim's stock price is ₹2.86. Nandan Denim's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0.260. Therefore, Nandan Denim's PE Ratio (TTM) for today is 11.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Nandan Denim's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.86/0.260
=11.00

Nandan Denim's share price for today is ₹2.86.
Nandan Denim's Earnings per Share (Diluted) 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 ₹0.260.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Nandan Denim EV-to-EBITDA Related Terms


Nandan Denim EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nandan Denim's EV-to-EBITDA 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-EBITDA Chart

Nandan Denim Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.22 7.46 5.23 5.74 3.75

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-EBITDA 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 4.09 4.97 3.63 3.75 3.98

Nandan Denim EV-to-EBITDA Competitor Comparison

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

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

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


NSE:NDL
79GF Score
Nandan Denim Ltd NSE:NDL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nandan Denim EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5257.613/875.96
=6.00

Nandan Denim's current Enterprise Value is ₹5,258 Mil.
Nandan Denim's EBITDA 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 ₹876 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-EBITDA →
What does a EV-to-EBITDA of 6.00 mean?
Nandan Denim (NSE:NDL) has a EV-to-EBITDA of 6.00 as of Sep. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nandan Denim. This is 36% above median its historical median of 4.40. Over the past decade, Nandan Denim's EV-to-EBITDA has ranged from 0.53 to 9.38. According to the industry distribution chart, Nandan Denim ranks #236 out of 887 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.6%.
Is Nandan Denim's EV-to-EBITDA too high?
Nandan Denim's current EV-to-EBITDA of 6.00 is 36% above median its 10-year median of 4.40. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 9.38. The Manufacturing - Apparel & Accessories industry median EV-to-EBITDA is 9.22. Nandan Denim's value of 6.00 is 34.9% below this industry median. Based on the distribution chart, Nandan Denim ranks #236 out of 887 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nandan Denim has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nandan Denim's EV-to-EBITDA compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nandan Denim ranks #236 out of 887 companies for EV-to-EBITDA. This puts Nandan Denim in the upper half of its industry. The industry median EV-to-EBITDA is 9.22. Nandan Denim's value of 6.00 is 34.9% below this benchmark. Historically, Nandan Denim's own EV-to-EBITDA has ranged from 0.53 to 9.38 over the past decade. While the company's 10-year median is 4.40 vs. the industry median of 9.22, 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-EBITDA for a Manufacturing - Apparel & Accessories company?
The median EV-to-EBITDA among Manufacturing - Apparel & Accessories companies is 9.22, based on 887 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nandan Denim's current EV-to-EBITDA of 6.00 is 34.9% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Nandan Denim. For the Manufacturing - Apparel & Accessories industry, the median EV-to-EBITDA is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nandan Denim's current EV-to-EBITDA is 6.00, which is 36% above median its own 10-year median of 4.40. 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-EBITDA is 6.00, which is 36% above median its 10-year median of 4.40 and 34.9% below the Manufacturing - Apparel & Accessories industry median of 9.22. Nandan Denim's overall GF Score™ is 79/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Nandan Denim (NSE:NDL), the current EV-to-EBITDA is 6.00 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-EBITDA: 6.00 (36% above median its 10-year median of 4.40)
  • GF Value™: ₹3.13 vs. price of ₹2.86 (8.6% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 34.9% below the Manufacturing - Apparel & Accessories median (#236 of 887)

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.
79GF Score

Get the complete analysis for NSE:NDL

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

₹2.86
Price
₹3.13
GF Value