Nahar Enterprises Expands into Real Estate: Q4 Profit Surges 92%
Nahar Industrial Enterprises Limited, a prominent player in the Indian industrial landscape, has been promoted by the Ludhiana-based Nahar Group. The group boasts other blue-chip companies such as Monte Carlo Fashions Ltd, Nahar Spinning Mills Ltd, and Oswal Woollen Mills. Established in 1983, Nahar Industrial Enterprises Limited started as a traditional textile enterprise and has since diversified into various sectors, including sugar, power generation, textiles, and now, real estate.
The company’s vertically integrated textile operation covers the entire spectrum of spinning, weaving, processing, and garmenting. It produces a wide range of products, including knitwear, fabrics, blended yarn, woven garments, and thermal wear. Production facilities are strategically located in Punjab and Madhya Pradesh, ensuring efficient supply chain management and high-quality output.
In response to the growing urban and industrial demand in Ludhiana and surrounding areas, Nahar Industrial Enterprises has recently diversified into the real estate sector. This move aims to leverage the underutilized assets owned by the company. The flagship project in this domain is the Nahar Industrial Park, located in Ludhiana. This project focuses on plotted industrial development, catering to the increasing demand for organized industrial spaces, particularly for micro, small, and medium enterprises (MSMEs).
This diversification into the real estate and industrial infrastructure sector is expected to be a game-changer for the company. The cyclical nature of the textile and sugar sectors necessitates a diversified portfolio to ensure stable and consistent growth. Another significant real estate project is the Oswal Logistics Park, situated at the Focal Point in Ludhiana. This warehousing and logistics infrastructure project is designed to support supply chain networks in Punjab, spanning around 40,645 square meters. It is expected to meet the growing demand for organized warehousing solutions in the region.
The company posted impressive Q4FY25 financial results, with total consolidated income reaching Rs 405 crores, up from Rs 384 crores in Q4FY24. Net profit surged by 92% to Rs 16 crores, with EBIT growing to Rs 34 crores. The Earnings per Share (EPS) for Q4FY25 stood at Rs 3.90, reflecting an all-round improvement in the company’s performance. Nahar Industrial Enterprises enjoys a robust financial base, supported by consistent revenue streams, prudent capital management, and controlled debt leverage.
Analysts tracking small-cap textile companies are optimistic about the future of Nahar Industrial Enterprises. They expect the company’s financial performance to improve significantly over the next few quarters, driven by its recent diversification into the real estate sector. The real estate projects undertaken by the company are anticipated to yield good returns over the next year. The Nahar Industrial Enterprises share is currently trading at Rs 137 on the stock market and is considered a good long-term investment for portfolio diversification. However, investors are advised to consult their financial advisors and investment brokers before making any stock purchases.
