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Nandani Creation Ltd.
(JAIPURKURT)
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Rating:46Neutral
Price Target:
₹25.00
▼(-7.44% Downside)
Action:Reiterated
Date:09/06/26
The score is held back primarily by persistent negative operating/free cash flow and uneven profitability, which increase financial risk despite strong revenue growth. Technicals also reflect a clear downtrend with bearish momentum. Valuation is moderate-to-high (P/E ~25) and lacks dividend support, offering limited cushion against the cash-flow and trend risks.
Positive Factors
Strong revenue growth
The sharp increase in revenue demonstrates strong recent demand for the company’s apparel offering and expanding commercial scale. If sustained, higher sales can improve procurement efficiency, spread operating costs across a larger base, and strengthen the Jaipur Kurti brand’s market position.
Negative Factors
Persistent cash burn
Several years of negative operating and free cash flow indicate that reported growth is not yet converting into cash. Continued cash burn can increase reliance on financing, reduce flexibility for inventory and expansion decisions, and leave the business more exposed if profitability weakens.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue growth
The sharp increase in revenue demonstrates strong recent demand for the company’s apparel offering and expanding commercial scale. If sustained, higher sales can improve procurement efficiency, spread operating costs across a larger base, and strengthen the Jaipur Kurti brand’s market position.
Read all positive factors
Nandani Creation Ltd. (JAIPURKURT) vs. iShares MSCI India ETF (INDA)
Market Cap
₹493.69M
Dividend YieldN/A
Average Volume (3M)10.58K
Price to Earnings (P/E)25.6
Beta (1Y)0.88
Revenue Growth51.57%
EPS Growth-48.12%
CountryIN
Employees128
SectorGeneral
Sector StrengthN/A
IndustryApparel - Manufacturers
Share Statistics
EPS (TTM)0.92
Shares Outstanding19,090,714
10 Day Avg. Volume8,771
30 Day Avg. Volume10,577
Financial Highlights & Ratios
PEG Ratio-0.44
Price to Book (P/B)0.75
Price to Sales (P/S)0.44
P/FCF Ratio-2.33
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Nandani Creation Ltd. Business Overview & Revenue Model
Company Description
Nandani Creation Limited, along with its affiliated companies, is engaged in the global design, production, and distribution of clothing for men, women, and children. Its extensive apparel collection encompasses traditional Indian garments such as...
How the Company Makes Money
Nandani Creation Ltd. generates revenue primarily from the sale of finished apparel products under its brand(s), with kurtis and other women’s ethnic/fusion wear forming the core of its product mix. The company makes money by (1) producing or sour...
Nandani Creation Ltd. Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
64
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 615.44M | 1.13B | 696.41M | 451.13M | 488.82M | 626.79M |
| Gross Profit | 171.91M | 178.31M | 255.45M | 150.37M | 213.71M | 193.72M |
| EBITDA | 62.93M | 86.96M | 102.93M | 47.72M | 38.87M | 28.89M |
| Net Income | 16.26M | 19.84M | 37.11M | 5.46M | 1.10M | 4.98M |
Balance Sheet | ||||||
| Total Assets | 1.14B | 1.28B | 927.07M | 697.38M | 481.46M | 428.65M |
| Cash, Cash Equivalents and Short-Term Investments | 5.62M | 5.53M | 5.89M | 3.51M | 35.83M | 2.87M |
| Total Debt | 288.81M | 381.09M | 278.02M | 264.67M | 151.07M | 174.76M |
| Total Liabilities | 490.04M | 623.08M | 404.32M | 398.71M | 191.50M | 270.72M |
| Stockholders Equity | 651.67M | 661.21M | 522.75M | 298.67M | 289.96M | 157.93M |
Cash Flow | ||||||
| Free Cash Flow | -116.88M | -213.52M | -196.69M | -77.26M | -23.14M | -67.92M |
| Operating Cash Flow | -109.74M | -204.10M | -189.11M | -67.81M | -12.35M | -31.84M |
| Investing Cash Flow | -2.78M | -8.77M | -7.42M | -53.50M | -32.06M | -33.16M |
| Financing Cash Flow | 113.22M | 213.76M | 198.54M | 88.78M | 77.25M | 65.98M |
Nandani Creation Ltd. Technical Analysis
Neutral
27.01
Price Trends
26.38
Negative
27.87
Negative
30.28
Negative
Market Momentum
-0.33
Negative
52.35
Neutral
52.24
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JAIPURKURT, the sentiment is Neutral. The current price of 27.01 is above the 20-day moving average (MA) of 25.27, above the 50-day MA of 26.38, and below the 200-day MA of 30.28, indicating a neutral trend. The MACD of -0.33 indicates Negative momentum. The RSI at 52.35 is Neutral, neither overbought nor oversold. The STOCH value of 52.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:JAIPURKURT.
Nandani Creation Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | ₹6.55B | 20.39 | ― | 0.71% | 16.69% | 56.93% | |
56 Neutral | ₹761.51M | 40.72 | ― | 1.88% | -7.68% | -40.29% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹3.89B | -17.34 | ― | 3.04% | -11.43% | -264.80% | |
47 Neutral | ₹13.36B | 51.82 | ― | 0.58% | 34.34% | -10.31% | |
46 Neutral | ₹493.69M | 25.60 | ― | ― | 51.57% | -48.12% | |
42 Neutral | ₹1.74B | 167.77 | ― | 0.20% | 29.40% | -59.16% |
* General Sector Average
IN:JAIPURKURT
Nandani Creation Ltd.
26.69
-10.31
-27.86%
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-15.16%
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140.66
-221.19
-61.13%
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1,001.95
167.40
20.06%
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27.93
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-28.42%
IN:SREEL
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285.10
57.34
25.17%
Nandani Creation Ltd. Corporate Events
Nandani Creation shuts trading window ahead of June-quarter results
Jun 30, 2026
Nandani Creation Ltd. has announced that its trading window for dealing in the company’s equity shares will be closed from July 1, 2026, until 48 hours after the announcement of its unaudited standalone and consolidated financial results for...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.