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Nitin Spinners Limited NITINSPIN NSE

Consumer Cyclical · Textile Manufacturing · India
https://nitinspinners.com
Company Profile ↓
₹555.00
+41.92% 1Y
Mkt Cap₹3,120.21 Cr
P/E17.57
P/B2.15
Div. Yield0.55%
52W High₹572.00
52W Low₹305.35
Book Value₹261.60
EPS (TTM)₹31.58

Company Overview

Nitin Spinners Limited manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally. The company offers yarn products comprising cotton and poly/cotton blended, ring spun combed and carded, open end, compact, slub, core spun, multifold, twist, gassed, contamination free, and dye-able cheese/cones yarns, as well as yarn products made from Supima Giza, Organic, BCI cotton, and recycled fibres, etc.; and yarns with count range 6 to 100s. Its yarn products are used in woven and knitted apparel, tea bags, furnishing and medical fabrics, denims, and terry tow applications. The company also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique and interlock structures, rib structures, 2T and 3T fleece fabrics, and open width with elastene for use in inner and comfort wear, sportswear, winterwear, and babywear applications. In addition, it offers finished and printed woven fabrics, including cotton spandex, poly/cotton spandex, RFD, bleached, dyed, print and yarn dyed, cotton viscose, and viscose and rayon fabrics; special finishes, such as teflon, wrinkle free, water repellant, nano care, soil release, anti-bacteria finish, aero finish, and bio polish; various weaves, which include twills, gabardines, broken twill, ripstop, canvas, mattie's, ducks, plain tussor, dobby, cord, and ottoman, etc.; and health and eco-friendly fabrics made from BCI/organic cotton. The company's finished and printed woven fabrics are used in fashion and image wear, uniforms, health care and hotel apparel, industrial and protective wear, and defense wear applications. It exports its products to approximately 55 countries. Nitin Spinners Limited was incorporated in 1992 and is headquartered in Bhilwara, India.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 10.5% CAGR over the past five years.

Reasonable Valuation

Trades at a P/E of 17.6, below the sector median of 30.4.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Mar 2026 Revenue of ₹3,213.87 Cr (-2.8% YoY); net profit ₹177.55 Cr.
  • Trailing 12 Months Year-on-year growth — revenue -2.8%, earnings +1.2%.
  • 5-Year Trend Long-term compounding — revenue CAGR 10.5%, profit CAGR 2.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:10.45%
1 Year:-2.78%

Compounded Profit Growth

5 Years:2.51%
1 Year:1.21%

Stock Price Performance

1 Year:+41.92%
6 Months:+76.86%
3 Months:+35.27%
1 Month:+1.30%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 94% of range
₹305.35 ₹572.00
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)54.02 · Neutral
Price Performance
1M+1.30%
3M+35.27%
6M+76.86%
1Y+41.92%
Valuation vs Sector

P/E of 17.57 is below the sector median of 30.43 — relatively cheaper than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Compounding revenue at 10.5% over 5 years.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
17.57
Industry PE
30.43
Forward P/E
10.77
PEG Ratio
-
Book Value
₹261.60
Price to Book
2.15
P/S
0.99
EV/EBITDA
9.46
Dividend Yield
0.55%

Growth (CAGR)

Revenue 5Y
10.45%
Profit 5Y
2.51%
Revenue (YoY)
-2.78%
Earnings (YoY)
1.21%

Profitability & Returns

ROCE
14.31%
ROE
12.07%
ROA
6.09%
Profit Margin
5.52%
Op Margin
9.48%
Gross Margin
28.23%
EPS (Latest Qtr)
₹10.20
EPS (TTM)
₹31.58

Balance Sheet & Liquidity

Debt/Equity
0.76
Quick Ratio
0.72
Current Ratio
1.53
Debt
₹1,124.50 Cr
Total Assets
₹2,914.61 Cr
Current Assets
₹1,146.46 Cr
Working Capital
₹396.21 Cr

Ownership

Promoter Holding
56.84%
Chg in Prom Hold
-
FII / Inst Holding
14.99%
Chg in FII Hold
0.07%

Financial Snapshot

Enterprise Value
₹3,120.21 Cr
Total Revenue (TTM)
₹3,213.87 Cr
EBITDA
₹457.76 Cr
Free Cash Flow
₹118.95 Cr
Operating Cash Flow
₹410.52 Cr
Shares Outstanding
₹5.62 Cr
Gross Margin
28.23%
Payout Ratio
9.50%

Peer comparison

Peer companies in the same sector (Consumer Cyclical).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 NITINSPIN Nitin Spinners Limited NSE 555.00 17.57 ₹3,120.21 Cr 0.55% 14.31% 12.07% 10.45% 2.51%
2 MARUTI Maruti Suzuki India Limited NIFTY50NSEAI 13,542.00 29.36 ₹4.26 L Cr 1.01% 17.22% 13.70% 16.60% 21.11%
3 TITAN Titan Company Limited NIFTY50NSE 4,602.10 80.47 ₹4.09 L Cr 0.33% 38.43% 32.31% 29.24% 16.00%
4 M&M Mahindra & Mahindra Limited NIFTY50NSEAI 3,108.80 20.43 ₹3.87 L Cr 1.05% 17.14% 18.37% 17.50% 18.48%
5 BAJAJ-AUTO Bajaj Auto Limited NIFTY50NSE 10,348.50 26.92 ₹2.89 L Cr 1.48% 26.12% 27.67% 19.49% 21.03%
6 ETERNAL Eternal Limited NSEAITECH 290.35 744.49 ₹2.80 L Cr 0.00% 2.87% 1.18% 97.70% 45.90%
7 EICHERMOT Eicher Motors Limited NIFTY50NSEAI 7,354.50 42.67 ₹2.02 L Cr 1.11% 26.43% 21.97% 17.47% 23.70%
8 TVSMOTOR TVS Motor Company Limited NSE 3,644.70 57.37 ₹1.73 L Cr 0.33% 28.82% 31.56% 20.21% 31.46%
9 HYUNDAI HYUNDAI MOTOR INDIA LTD NSE 2,035.00 30.44 ₹1.65 L Cr 1.06% 32.62% 27.14% 5.50% 4.87%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in INR.

Metric Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 841.29 Cr793.31 Cr760.08 Cr800.68 Cr859.79 Cr
Cost of Revenue 610.13 Cr571.92 Cr547.45 Cr572.55 Cr614.83 Cr
Gross Profit 231.16 Cr221.40 Cr212.63 Cr228.13 Cr244.97 Cr
Operating Expenses 147.46 Cr147.02 Cr150.34 Cr153.85 Cr151.31 Cr
Operating Income 83.70 Cr74.37 Cr62.29 Cr74.29 Cr93.66 Cr
EBITDA 121.17 Cr113.03 Cr100.20 Cr112.58 Cr131.94 Cr
Interest Expense 21.38 Cr21.03 Cr16.08 Cr16.96 Cr16.79 Cr
Pretax Income 63.17 Cr55.13 Cr46.85 Cr58.37 Cr78.41 Cr
Tax Provision 16.80 Cr14.14 Cr12.07 Cr13.96 Cr21.05 Cr
Net Income 46.37 Cr40.99 Cr34.79 Cr44.41 Cr57.36 Cr
Diluted EPS 8.257.296.197.9010.20

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -2,385.04 Cr2,881.11 Cr3,305.65 Cr3,213.87 Cr
Cost of Revenue -1,895.00 Cr2,259.73 Cr2,383.28 Cr2,306.74 Cr
Gross Profit -490.04 Cr621.39 Cr922.38 Cr907.13 Cr
Operating Expenses -300.96 Cr387.34 Cr598.65 Cr602.51 Cr
Operating Income -189.08 Cr234.05 Cr323.72 Cr304.62 Cr
EBITDA -296.39 Cr373.38 Cr475.02 Cr457.76 Cr
Interest Expense -33.70 Cr77.38 Cr90.38 Cr70.86 Cr
Pretax Income -175.88 Cr177.53 Cr236.94 Cr238.76 Cr
Tax Provision -11.06 Cr46.01 Cr61.51 Cr61.21 Cr
Net Income -164.81 Cr131.52 Cr175.43 Cr177.55 Cr
Diluted EPS -29.3223.3931.2031.58

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -2,217.98 Cr2,716.65 Cr2,732.32 Cr2,914.61 Cr
Current Assets -795.99 Cr986.72 Cr1,125.15 Cr1,146.46 Cr
Cash & Equivalents -6.98 L6.63 L7.08 Cr2.95 Cr
Inventory -492.04 Cr563.97 Cr607.38 Cr607.65 Cr
Receivables -222.66 Cr321.38 Cr429.60 Cr431.87 Cr
Total Liabilities -1,189.08 Cr1,570.32 Cr1,421.12 Cr1,443.88 Cr
Current Liabilities -530.18 Cr641.99 Cr656.62 Cr750.25 Cr
Long Term Debt -561.15 Cr810.63 Cr636.70 Cr545.21 Cr
Total Debt -979.73 Cr1,339.11 Cr1,164.71 Cr1,124.50 Cr
Total Equity -1,028.90 Cr1,146.33 Cr1,311.20 Cr1,470.73 Cr
Shares Outstanding -5.62 Cr5.62 Cr5.62 Cr5.62 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -193.76 Cr163.48 Cr307.42 Cr410.52 Cr
Investing Cash Flow --433.40 Cr-425.50 Cr-21.58 Cr-286.70 Cr
Financing Cash Flow -239.45 Cr262.02 Cr-278.83 Cr-127.94 Cr
Capital Expenditure --435.27 Cr-816.94 Cr-21.71 Cr-291.56 Cr
Free Cash Flow --241.51 Cr-653.46 Cr285.71 Cr118.95 Cr
Net Change in Cash --18.98 L-35,0007.01 Cr-4.13 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -20.5%21.6%27.9%28.2%
Operating Margin % -7.9%8.1%9.8%9.5%
Net Margin % -6.9%4.6%5.3%5.5%
ROE % -16.0%11.5%13.4%12.1%
ROCE % -11.2%11.3%15.6%14.1%

Shareholding Pattern

Insiders
56.84%
Institutions
14.99%
Public Float
34.74%

Analyst View

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Latest News

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NITINSPIN — Frequently Asked Questions

What is the current share price of Nitin Spinners Limited (NITINSPIN)?

As of 2026-07-15 09:52 IST, Nitin Spinners Limited (NITINSPIN) trades at ₹555.00 on NSE. Its 52-week range is ₹305.35 to ₹572.00.

What is the market capitalisation of NITINSPIN?

Nitin Spinners Limited (NITINSPIN) has a market capitalisation of ₹3,120.21 Cr on NSE.

What is the P/E ratio of NITINSPIN?

NITINSPIN trades at a trailing price-to-earnings (P/E) ratio of 17.57. The industry average P/E is 30.43. Its price-to-book (P/B) ratio is 2.15.

Does NITINSPIN pay a dividend?

Nitin Spinners Limited (NITINSPIN) currently offers a dividend yield of 0.55%.

What is the return on equity (ROE) of NITINSPIN?

NITINSPIN has a return on equity (ROE) of 12.07%. Its return on capital employed (ROCE) is 14.31%.

Is NITINSPIN a good stock to buy?

This page provides a data-driven analysis of Nitin Spinners Limited (NITINSPIN), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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