Is Nahar Spinning Mills the Best Stock in Its Sector? A Look at the Numbers
- October 1, 2026
- Posted by: Ankit Jaiswal
- Category: Market
Nahar Spinning Mills CMP Rs 252 (01 Oct 2026). Market cap Rs 950 Cr. ROE 1.44%. P/E 12.54x versus Industry P/E 49.33x.
Quick Answer
Nahar Spinning Mills is one of the names investors compare when screening the Textile sector, built on a 1.44% return on equity and a P/E of 12.54x against an Industry P/E of 49.33x. Whether Nahar Spinning Mills is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Textile sector peers, so you can judge that for yourself.
Is Nahar Spinning Mills the best stock in its sector? The stock trades on the NSE at Rs 252 as of 01 October 2026, within its 52-week range of Rs 149.20 to Rs 349.00. Nahar Spinning Mills Ltd manufactures cotton yarn, part of the Nahar textile group.
Nahar Spinning Mills sits in the Textile sector, and its 1.44% ROE and 12.54x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Nahar Spinning Mills
Nahar Spinning Mills Ltd manufactures cotton yarn, part of the Nahar textile group. The stock fell close to 3.2 percent during this session. At a market capitalisation of Rs 950 Cr, it is tracked as part of the Textile sector on Univest.
Is Nahar Spinning Mills the Best Stock in Its Sector?
Nahar Spinning Mills makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 1.44% ROE with a 12.54x P/E against the sector’s 49.33x Industry P/E. Nahar Spinning Mills’ 12.54x P/E is far below the 49.33x Industry P/E, though a 1.44% ROE is thin and the benchmark is skewed by richer textile names, so the discount should not automatically be read as a bargain.
| Metric | Nahar Spinning Mills |
|---|---|
| CMP (NSE) | Rs 251.75 |
| 52-Week High / Low | Rs 349.00 / Rs 149.20 |
| Market Cap | Rs 950 Cr |
| P/E (TTM) vs Industry P/E | 12.54x vs 49.33x |
| P/B | 0.63 |
| ROE | 1.44% |
| EPS (TTM) | Rs 21.00 |
| Dividend Yield | 0.38% |
| Debt to Equity | 0.65 |
Compare Nahar Spinning Mills Against Other Textile Sector Stocks
How Nahar Spinning Mills Compares Against Its Textile Sector Peers
The table below sets Nahar Spinning Mills against 2 other Textile sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Nahar Spinning Mills | 950 | 12.54 | 1.44% | 0.65 |
| Nahar Industrial Enterprises | 562 | 7.78 | 4.92% | 0.65 |
| Lambodhara Textiles | 141 | 11.31 | 8.58% | 0.30 |
| Peer average (2 companies) | – | 9.54 | 6.75% | 0.47 |
Against this peer set, Nahar Spinning Mills’s 1.44% ROE is below the 6.75% peer average, and its P/E of 12.54x runs above the peer average of 9.54x. Nahar Spinning Mills’ 12.54x P/E is far below the 49.33x Industry P/E, though a 1.44% ROE is thin and the benchmark is skewed by richer textile names, so the discount should not automatically be read as a bargain.
What Makes Nahar Spinning Mills Worth Watching in Textile
- Well below book value and Industry P/E: A 12.54x P/E against a 49.33x Industry P/E, alongside a P/B of 0.63, means the stock trades below its own book value.
- Large-scale cotton yarn spinning: Being one of India’s larger cotton yarn spinning companies gives Nahar Spinning Mills scale, part of the Nahar textile group.
- Modest returns: A 1.44% ROE is thin, so the below-book valuation should be read alongside currently weak operating returns.
Nahar Spinning Mills Valuation: Is It Justified?
Nahar Spinning Mills’ 12.54x P/E is far below the 49.33x Industry P/E, though a 1.44% ROE is thin and the benchmark is skewed by richer textile names, so the discount should not automatically be read as a bargain. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Motisons Jewellers the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Nahar Spinning Mills and other Textile sector stocks.
How to Track Nahar Spinning Mills Before You Invest
Before deciding whether Nahar Spinning Mills deserves its label as the best stock in its sector for your own portfolio, compare it directly against Textile sector peers using the steps below.
- Open the Univest Screener and search for Nahar Spinning Mills to view live price, valuation ratios, and peer comparisons within the Textile sector.
- Compare its P/E, P/B, and ROE against other Textile sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Nahar Spinning Mills earns a place in the best stock in its sector conversation on the strength of a 1.44% ROE and a P/E of 12.54x against a 49.33x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Nahar Spinning Mills the best stock in its sector?
Ans. Nahar Spinning Mills has a 1.44% ROE and trades at 12.54x P/E against a 49.33x Industry P/E, and compares below the peer average ROE of 6.75% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Nahar Spinning Mills?
Ans. Nahar Spinning Mills was trading at Rs 251.75 on the NSE as of 01 October 2026, within its 52-week range of Rs 149.20 to Rs 349.00.
What sector does Nahar Spinning Mills belong to?
Ans. Nahar Spinning Mills is classified under the Textile sector on Univest.
How does Nahar Spinning Mills compare to its sector peers on P/E?
Ans. Nahar Spinning Mills’s P/E of 12.54x is above the 9.54x average of the 2 named peers compared in this article.
What is Nahar Spinning Mills’s return on equity?
Ans. Nahar Spinning Mills reported a return on equity of 1.44%, which is below the 6.75% average of its named peers in this comparison.
Should I invest in Nahar Spinning Mills based on its sector position?
Ans. Nahar Spinning Mills’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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