Nandani Creation Limited Achieves ₹100 Cr Sales Milestone in CY2025, Reports 65% YoY Revenue Growth in 9MFY26
Nandani Creation Limited's Jaipur Kurti brand crossed ₹100 crore in sales in CY2025, a 46% YoY growth. Net sales grew 65% YoY in 9MFY26 and 100% YoY in Q3FY26. EBITDA margins were stable around 7%. ASP in offline channels rose to ₹2,669 in 9MFY26.
The 100 crore sales milestone, substantial YoY revenue growth, and strategic channel diversification are significant developments that are likely to have a high impact on investor perception and company valuation.
The company reported strong revenue growth, achievement of a significant sales milestone, and strategic improvements in ASP, indicating positive business performance.
Nandani Creation Limited (NCL), operating under its brand "Jaipur Kurti", announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The company reported a significant year-on-year (YoY) net sales growth of 65% for the nine-month period and 100% for the third quarter of FY26, marking the third consecutive quarter of strong top-line growth.
EBITDA margins remained stable at approximately 7% during 9MFY26. This moderation compared to the previous year is attributed to a strategic shift from in-house manufacturing to flexible, demand-based sourcing and increased investments in brand-building initiatives.
A key highlight is the achievement of ₹100 crore in sales for the flagship brand Jaipur Kurti during Calendar Year 2025, representing a 46% YoY growth. This positions the company among a select group of Indian women's ethnic wear brands that have reached this scale while maintaining profitability.
The company's brand premiumization strategy, including a focus on premium offerings like Jaipur Kurti Luxe and Amaiva – by Jaipur Kurti, has led to an improved Average Selling Price (ASP). ASP in offline retail channels increased to ₹2,669 in 9MFY26 from ₹1,707 in 9MFY25, while online marketplace ASP improved to approximately ₹1,147 from ₹1,108 in the same periods.
NCL has also diversified its channel mix, with 3rd-party online marketplaces contributing 35%, 3rd-party retail presence 29%, and own channels (EBOs, Website, Wholesale) accounting for 36% of sales in 9M. The company is expanding its retail footprint, with presence in over 100 Reliance Trends stores and other leading retail chains. Quick commerce is now contributing around 3% of total sales, with further expansion planned.
The company operates an efficient omni-channel model with 16+ Exclusive Brand Outlets/Franchisees and 80+ SIS counters. Strategic partnerships with major online platforms and leading retail players are in place.
Commenting on the results, Mr. Anuj Mundhra, Chairman & Managing Director of Nandani Creation Limited, stated, "Despite headwinds in the Indian fashion retail industry, Nandani Creation Limited delivered a strong performance during the nine-month period. I am pleased to share that we achieved ₹100+ crore in sales during calendar year 2025, reflecting the strength of our brand, diversified channel presence, and disciplined execution. Going forward, based on improving customer traction and expanding distribution reach, we believe we are well-positioned to increase our market share and evolve into a leading brand in women’s Indian wear."
What to do with a filing like this
Nandani Creation Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Nandani Creation Limited. Read the original for the full detail.