JAIPURKURT
Nandani Creation financials
- Market cap
- ₹48 Cr
- Sector
- Textiles
What Nandani Creation Limited does
Nandani Creation Limited operates the "Jaipur Kurti" brand, an online-first Indian women's ethnic and fusion-wear label selling kurtis, suit sets, sarees, lounge wear and bottom wear. It manufactures and dispatches from a fully integrated facility in Jaipur, Rajasthan, and reaches customers through its own D2C website and app, major e-commerce marketplaces (Myntra, Nykaa, Ajio, Flipkart), exclusive brand outlets (EBOs), shop-in-shop (SIS) counters, multi-brand outlets (MBOs) and large-format retail chains such as Reliance's Avantara and Kalaniketan stores.
Segments
- Composite Sets
- Top Wear
- Bottom Wear
- Sarees
- Retail stores (EBOs)
- 16+ across India (3 more in fit-out)
- SIS (shop-in-shop) counters
- 80+ all over India
- Product SKUs
- 3,000+ across 200+ colours
- Units sold
- 814,878 pcs (FY25)
- Manufacturing & dispatch facility
- Fully integrated operations and dispatch facility in Jaipur, Rajasthan
- Online marketplace presence
- Own D2C website/app plus Myntra, Nykaa, Ajio, Flipkart and others
Quarterly results
Q1 FY27: revenue up 24.9%, net profit down 5.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 18 | 13 | 20 | 27 | 28 +54% | 27 +100% | 30 +53% | 34 +25% |
| EBITDA | 3 | 2 | 2 | 2 | 2 −28% | 2 −12% | 3 +59% | 3 +18% |
| Net profit | 1 | 1 | 1 | 1 | 0 −77% | 0 −65% | 1 +10% | 1 −6% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −35.9% 1Y
1Y: ₹39.86 on 10 Sept 2025 → ₹25.57. High ₹41.13 (9 Feb 2026), low ₹24.65 (9 Sept 2026).
Financials, as filed
Revenue grew 58.0% a year over 2 years, FY24 to FY26. Operating margin narrowed to 7.7%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹45 Cr | ₹70 Cr | ₹113 Cr |
| Operating profit | ₹4 Cr | ₹9 Cr | ₹9 Cr |
| Operating margin | 9.5% | 13.1% | 7.7% |
| Interest | ₹3 Cr | ₹3 Cr | ₹4 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹1 Cr | ₹4 Cr | ₹2 Cr |
| Net margin | 1.2% | 5.3% | 1.8% |
| Cash from operations | ₹-7 Cr | ₹-17 Cr | ₹-17 Cr |
| Free cash flow | ₹-8 Cr | ₹-18 Cr | ₹-18 Cr |
| ROCE | 6.0% | 12.0% | 8.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹11 Cr | ₹11 Cr | ₹19 Cr | ₹19 Cr |
| Reserves | ₹5 Cr | ₹6 Cr | ₹18 Cr | ₹18 Cr | ₹46 Cr | ₹47 Cr |
| Borrowings | ₹10 Cr | ₹17 Cr | ₹14 Cr | ₹26 Cr | ₹29 Cr | ₹38 Cr |
| Other liabilities | ₹11 Cr | ₹10 Cr | ₹5 Cr | ₹13 Cr | ₹20 Cr | ₹24 Cr |
| Total liabilities | ₹36 Cr | ₹43 Cr | ₹48 Cr | ₹70 Cr | ₹114 Cr | ₹128 Cr |
| Fixed assets | ₹3 Cr | ₹5 Cr | ₹6 Cr | ₹10 Cr | ₹8 Cr | ₹7 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹32 Cr | ₹37 Cr | ₹42 Cr | ₹60 Cr | ₹106 Cr | ₹121 Cr |
| Total assets | ₹36 Cr | ₹43 Cr | ₹48 Cr | ₹70 Cr | ₹114 Cr | ₹128 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +4.54 pp while promoters trimmed −4.04 pp. The shareholder count shrank 2% to 5,536.
- Promoters
- 41.6%
- FIIs
- 2.2%
- Public
- 56.1%
Since Jun 2025
- Public +4.54 pp
- Promoters −4.04 pp
- FIIs −0.50 pp
How it drifted, 12 quarters
Over this window promoters fell from 51.5% to 41.6% — −9.8 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 51.5%, FIIs 0.9%, Public 47.6%.Dec '23: Promoters 51.5%, FIIs 1.0%, Public 47.5%.Mar '24: Promoters 51.5%, FIIs 1.9%, Public 46.6%.Jun '24: Promoters 51.2%, FIIs 1.9%, Public 46.9%.Sep '24: Promoters 45.7%, FIIs 2.7%, Public 51.6%.Dec '24: Promoters 45.7%, FIIs 2.7%, Public 51.6%.Mar '25: Promoters 45.7%, FIIs 2.7%, Public 51.6%.Jun '25: Promoters 45.7%, FIIs 2.7%, Public 51.6%.Sep '25: Promoters 41.3%, FIIs 2.2%, Public 56.5%.Dec '25: Promoters 41.3%, FIIs 2.2%, Public 56.5%.Mar '26: Promoters 41.3%, FIIs 2.2%, Public 56.5%.Jun '26: Promoters 41.6%, FIIs 2.2%, Public 56.1%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Patel Sweety Yogesh newly disclosed 1.08% held
- Anuj Mundra +0.34 pp 21.75% held
The same filing shows 2 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Nandani Creation Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Anuj Mundra | 21.75% | +0.34 pp |
| Vandna Mundra | 11.68% | unchanged |
| Sunita Devi Mundhra | 7.60% | unchanged |
| Manoj Tulsian | 2.98% | unchanged |
| Allright Multitrades Llp | 2.67% | unchanged |
| Sunil Kumar G Mishra | 2.36% | unchanged |
| Meru Investment Fund Pcc-Cell 1 FPI fund | 2.21% | unchanged |
| Yogesh Chaudhary | 1.60% | −0.12 pp |
| Patel Vaishaaki | 1.51% | −0.35 pp |
| Pg Foils Limited | 1.41% | unchanged |
| Yogesh Harivadan Patel | 1.17% | unchanged |
| Vyomesh H Patel | 1.17% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Nandani Creation Limited
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