Is Nandan Denim Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nandan Denim Ltd (NDL.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Nandan Denim Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nandan Denim Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nandan Denim Ltd?

Muslim investors may consider investing in Nandan Denim Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Nandan Denim Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Nandan Denim Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Nandan Denim Ltd updated?

The Shariah compliance status of Nandan Denim Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Nandan Denim Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Nandan Denim Ltd?

You can check the latest Shariah compliance status of Nandan Denim Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NDL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 03, 2026

Report Source: 2026 2nd Quarter Report

Nandan Denim Ltd. Stock Analysis NDL.NS

India Consumer Discretionary Nano Cap Report: Q2, 2026

Nandan Denim Ltd. engages in the textile manufacturing business. The firm has manufacturing facilities located at Piplej and Bareja, Gujarat. The firm designs customized products for its domestic and international clientele. Its core products include knit denim, basic denim, lightweight shirting, classical twill denim and dobby. The Craft Core Collection of Nandan Denim provides sustainable products. The Craft Core Collection includes Cradle Collection, Re-Flow with Basic Nature and New Me. The Cradle Collection manufactures crafted clothing using green fabric or indigo fashion made from recycled material, special fibers, regenerated or recycled fiber and blends. Under Re-Flow with Basic Nature collection, the Company develops hand drape luxe-soft denim fabrics. The New Me collection range includes tailored high-waist styles, slouchy and baggy silhouettes, and subtle wash with high-street fashion look.

Key Statistics of Nandan Denim Ltd (NDL.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹2.67₹2.74

Today's Open

₹2.74

Volume

653.93K

P/E Ratio (TTM)

11.67

52 Week Range

₹1.80₹4.42

Market Cap

3.96B

Avg. Volume

1.56M

Dividend Yield

Financial Metrics & Statements of Nandan Denim Ltd (NDL.NS)

FAQ's for Nandan Denim Ltd (NDL.NS)

According to Musaffa’s Shariah screening methodology, Nandan Denim Ltd (NDL.NS) is currently classified as NOT HALAL as of January 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.