Nandan Denim (NSE:NDL) Market Cap: ₹3,488 Mil (As of Jul. 05, 2026)


NSE:NDL Nandan Denim Ltd NSE:NDL
85 GF Score
Price ₹2.43
GF Value ₹3.65
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Nandan Denim Market Cap?

Nandan Denim NSE:NDL 85 Market Cap is ₹3,488 Mil as of Jul. 05, 2026. GuruFocus rates NSE:NDL with a GF Score™ of 85/100 and a GF Value™ of ₹3.65 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,081 Manufacturing - Apparel & Accessories companies, Nandan Denim ranks worse than 54.12% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Nandan Denim's share price for the quarter that ended in Mar. 2026 was ₹1.84. Nandan Denim's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 1,441 Mil. Therefore, Nandan Denim's market cap for the quarter that ended in Mar. 2026 was ₹2,652 Mil.

Nandan Denim's quarterly market cap declined from Sep. 2025 (₹4,815 Mil) to Dec. 2025 (₹4,252 Mil) and declined from Dec. 2025 (₹4,252 Mil) to Mar. 2026 (₹2,652 Mil).

Nandan Denim's annual market cap increased from Mar. 2024 (₹4,656 Mil) to Mar. 2025 (₹5,060 Mil) but then declined from Mar. 2025 (₹5,060 Mil) to Mar. 2026 (₹2,652 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Nandan Denim's Enterprise Value for Today is ₹4,124 Mil.


Nandan Denim  (NSE:NDL) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Nandan Denim Market Cap Related Terms


Nandan Denim Market Cap Historical Data

* Premium members only.

The historical data trend for Nandan Denim's Market Cap 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 Market Cap Chart

Nandan Denim Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,038.03 2,263.11 4,655.95 5,059.57 2,652.31

Nandan Denim Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Market Cap 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 5,059.57 5,520.84 4,814.52 4,252.34 2,652.31

Nandan Denim Market Cap Competitor Comparison

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

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

* The bar in red indicates where Nandan Denim's Market Cap falls into.


NSE:NDL
85GF Score
Nandan Denim Ltd NSE:NDL
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Nandan Denim Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Nandan Denim's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹1.84*1441.472
=₹2,652

Nandan Denim's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=₹1.84*1441.472
=₹2,652

* 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 Market Cap →
What does a Market Cap of ₹3,488 Mil mean?
Nandan Denim (NSE:NDL) has a Market Cap of ₹3,488 Mil as of Jul. 05, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Nandan Denim and its competitors. According to the industry distribution chart, Nandan Denim ranks #585 out of 1081 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.1%.
Is Nandan Denim's Market Cap too high?
Nandan Denim's current Market Cap is ₹3,488 Mil. Based on the distribution chart, Nandan Denim ranks #585 out of 1081 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Nandan Denim has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nandan Denim's Market Cap compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nandan Denim ranks #585 out of 1081 companies for Market Cap. This places Nandan Denim in the lower half of its industry. The industry median Market Cap is 46.44. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Manufacturing - Apparel & Accessories company?
The median Market Cap among Manufacturing - Apparel & Accessories companies is 46.44, based on 1,081 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Nandan Denim and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Market Cap is 46.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nandan Denim's current Market Cap is ₹3,488 Mil. 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 Significantly Undervalued. The stock's GF Value™ is ₹3.65, compared to a current price of ₹2.43 — trading 33.4% below its estimated fair value. The current Market Cap is ₹3,488 Mil. Nandan Denim's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Nandan Denim (NSE:NDL), the current Market Cap is ₹3,488 Mil as of Jul. 05, 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 ₹2.43 is trading 33.4% below its estimated GF Value™ of ₹3.65. GuruFocus considers Nandan Denim to be Significantly Undervalued.

Key valuation signals for NSE:NDL:

  • Market Cap: ₹3,488 Mil
  • GF Value™: ₹3.65 vs. price of ₹2.43 (33.4% below fair value)
  • GF Score™: 85/100 with 4 warning signs

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.
85GF Score

Get the complete analysis for NSE:NDL

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

₹2.43
Price
₹3.65
GF Value