loader2
Partner With Us NRI

NB Footwear Ltd

Company details

3.90
4.25
2.89
10.75
6M Return 39.80%
1Y Return 21.43%
Mkt Cap.(Cr) 5.74
Volume 200
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 200

Open Free Demat Account Online with ICICIDIRECT

FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -0.94 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 9,798.25 -19,599.12
LAST 3M 26,543.67 -19,477.65
LAST 6M 49,511.94 55,323.78
LAST 12M 182,243.81 -111,295.16

INFORMATION

Stock PE (TTM)

0

Promoter Holding

70.37%

Book Value

-1.5431

ROCE

0%

ROE

0%

Description

  • NB Footwear is a part of Hyderabad`s most famous group the Rs 250-cr Nava Bharat conglomerate. The company commenced business in 1987 with an installed capacity for 3 lac pairs of full shoes at their advantageously located plant at Cheduvalai (North Arcot district), Tamilnadu. In the initial years, it ran up an accumulated loss of Rs 2 cr. It then undertook jobwork for Bata India but had to discontinue it when the government stipulated that Bata should sub-contract only to small-scale units. Although it had a huge capacity, NB Footwear could not receive orders from the market. Nava Bharat Enterprises, a recognised Star Trading House, took up a stake in this company. Nava Bharat Enterprises does not have a plant. But it maintains a leather division and all the work is carried out at NB Footwear on a job-order basis. It then exports to Berger Schuh, Germany, a trading agency which supplies designs to NB Footwear. The shoes are sold to leading names in Germany such as Remo, Tiechmann, Karstadt, etc. After successfully overcoming its initial hiccups and teething problems, the company doubled its capacity by 1990 and bagged a large export order of Rs 7 cr. Apart from Berger, the company exports to several other leading German buyers. Having established its image, it now intends to market ladies hand-sewn and classic model shoes to Australia, South Africa and south-east Asia. In 1995-96, the company came out with a rights issue, at a premiun, aggregating Rs 600 lac. Further, during the year, the company entered into a technical and marketing arrangement with Berger Schuhe, Germany. The company entered into a joint venture agreement with Amerind Footwear Inc., New York for sale of shoes in USA in 1997-98. During 2001-02 the company was declared a sick company by BIFR and subsequently appointed CLRI as operating agency,Bank of India,to conduct the Techno Economic Viability Study. OTS with Exim bank was completed.

Registered Address

87/84 Mosque Street, Seduvalai Village, Vellore, Tamil Nadu, 632104

Email : nbfootwearltd:gmail.com
Website : http://www.nbfootwear.info

Registrar

Cameo Corporate Services Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 523242
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : P
ISIN : INE006F01018

ICICIdirect NB Footwear Ltd FAQ

You can buy NB Footwear Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy NB Footwear Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jan 31, 2023 04:01 PM the closing price of NB Footwear Ltd was ₹ 4.25.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Jan 31, 2023 04:01 PM, the market cap of NB Footwear Ltd stood at ₹ 5.74.
The latest PE ratio of NB Footwear Ltd as of Jan 31, 2023 04:01 PM is 0
The latest PB ratio of NB Footwear Ltd as of Jan 31, 2023 04:01 PM is -0.38
The 52-week high of NB Footwear Ltd is ₹ 10.75 while the 52-week low is ₹ 2.89

Download Our App

market app
market app