| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 622 | 768 | 934 | 1,148 | 1,245 | 1,440 | 1,626 | 2,694 | 2,410 | 2,908 | 3,309 | 3,300 |
| Expenses | 517 | 630 | 800 | 990 | 1,064 | 1,268 | 1,367 | 2,041 | 2,110 | 2,529 | 2,834 | 2,832 |
| EBITDA | 104 | 138 | 134 | 157 | 181 | 172 | 259 | 654 | 300 | 379 | 475 | 468 |
| Operating Profit % | 16 % | 18 % | 14 % | 14 % | 14 % | 12 % | 16 % | 24 % | 12 % | 13 % | 14 % | 14 % |
| Depreciation | 28 | 40 | 42 | 56 | 55 | 81 | 91 | 87 | 87 | 119 | 148 | 148 |
| Interest | 23 | 33 | 22 | 30 | 29 | 56 | 62 | 55 | 38 | 83 | 90 | 85 |
| Profit Before Tax | 54 | 65 | 70 | 71 | 97 | 36 | 107 | 506 | 176 | 178 | 237 | 235 |
| Tax | 13 | 21 | 13 | 19 | 33 | 12 | 38 | 180 | 11 | 46 | 62 | 55 |
| Net Profit | 41 | 44 | 57 | 52 | 64 | 24 | 69 | 326 | 165 | 132 | 175 | 174 |
| EPS in ₹ | 8.94 | 9.64 | 12.51 | 10.56 | 11.43 | 4.24 | 12.25 | 58.01 | 29.32 | 23.39 | 31.20 | 31.00 |
Nitin Spinners
Nitin Spinners
339.95
+9.90
(3.00%)
Market Cap
1,855.50 Cr
EPS
31.20
PE Ratio
11.00
Dividend Yield
0.88 %
Industry
Textiles52 Week High
494.35
52 Week Low
290.50
PB Ratio
1.46
Debt to Equity
1.02
Sector
Cotton/Blended
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from1 analysts
Company News
View All News
Nitin Spinners Announces Book Closure and Annual General Meeting for September 2025Aug 11, 2025
Nitin Spinners Ltd has announced a book closure period from August 31, 2025 to September 6, 2025 for dividend distribution purposes. The company will hold its Annual General Meeting on September 6, 2025 at 3:00 PM through video conference. The cut-off date for e-voting entitlement has been set for August 30, 2025. During the book closure period, the Register of Members and Share Transfer Books will remain closed.
Nitin Spinners Reports Marginal Revenue Decline in Q1 FY26 Amid Global Market Uncertainties
Aug 08, 2025
Aug 08, 2025Nitin Spinners Limited reported total revenue of INR 793 crores for Q1 FY26, a marginal 1% year-on-year decline. EBITDA stood at INR 111 crores, down 6% with margins at 14.02%. Profit after tax was INR 41 crores, declining 3% year-on-year. The company operates spinning capacity at over 96% utilization while weaving and finishing divisions run at more than 90%. Revenue declined due to lower yarn prices following reduced cotton prices and decreased export demand as overseas buyers remained cautious about tariff uncertainties. Export sales contributed 62% of revenue while domestic market accounted for 38%. The US government announced 25% tariffs on imports from India, though the company expects limited direct impact due to minimal US exposure. The company is proceeding with its INR 1,120 crores capacity expansion plan expected to generate INR 1,000 crores incremental revenue, with 60% from fabrics and 40% from yarn. Management expects to maintain current margin levels and reach previous year's revenue despite market challenges.
Nitin Spinners Expects Rs 1,000 Crore Revenue from Capacity Expansion, Maintains FY26 OutlookAug 06, 2025
Aug 06, 2025Nitin Spinners reported that 35-40% of its sales come from higher value products, with fabrics contributing 22% and specialized yarns accounting for 15-20%. The company expects to maintain FY25 revenue levels in FY26 and anticipates EBITDA margins to remain around 14-15%. Management projects additional revenue of Rs 1,000 crores from new capacity expansion with an internal rate of return of 14-15%. The company is focusing on developing value-added products in both fabric and yarn segments.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
28.14 | #1 14,620.30 | 32.76 | 7,047.20 | 2.63 | 371 | 89.45 | 44.44 | |
409.70 | 12,066.50 | 13.92 | #1 10,120.80 | 2.95 | #1 887 | -13.39 | 46.15 | |
264.53 | 5,328.90 | 25.81 | 4,190.90 | 16.39 | 246 | -51.41 | 48.44 | |
339.95 | #4 1,855.50 | #1 11.00 | #6 3,309.20 | #4 13.80 | #4 175 | #6 -2.61 | 40.32 | |
703.00 | 1,112.90 | 80.88 | 637.49 | #1 48.06 | 17 | -17.39 | 56.92 | |
119.00 | 1,053.30 | 35.08 | 382.90 | 8.72 | 28 | 60.78 | 67.12 | |
1,401.10 | 813.40 | 13.36 | 728.60 | -13.90 | 66 | -26.05 | 39.99 | |
862.10 | 780.70 | 25.02 | 915.40 | 5.39 | -59 | #1 217.39 | 39.75 | |
205.41 | 749.60 | 29.96 | 3,318.90 | 7.90 | 12 | 142.42 | 35.54 | |
147.82 | 696.40 | - | 4,858.30 | 18.66 | -40 | 157.14 | 36.95 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
13.80 %
Net Income Growth
33.38 %
Cash Flow Change
88.05 %
ROE
16.65 %
ROCE
25.46 %
EBITDA Margin (Avg.)
10.05 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 610 | 635 | 885 | 929 | 1,436 | 1,645 | 1,676 | 1,824 | 2,218 | 2,717 | 2,732 |
| Fixed Assets | 417 | 382 | 614 | 570 | 524 | 1,140 | 1,060 | 1,012 | 1,011 | 1,709 | 1,577 |
| Current Assets | 166 | 205 | 268 | 346 | 421 | 489 | 603 | 754 | 796 | 987 | 1,125 |
| Capital Work in Progress | 0 | 17 | 0 | 4 | 468 | 0 | 2 | 0 | 340 | 2 | 7 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 193 | 236 | 272 | 355 | 445 | 506 | 615 | 812 | 867 | 1,005 | 1,148 |
| Total Liabilities | 610 | 635 | 885 | 929 | 1,436 | 1,645 | 1,676 | 1,824 | 2,218 | 2,717 | 2,732 |
| Current Liabilities | 111 | 140 | 210 | 176 | 294 | 425 | 476 | 411 | 530 | 642 | 657 |
| Non Current Liabilities | 332 | 290 | 411 | 336 | 660 | 726 | 637 | 537 | 659 | 928 | 765 |
| Total Equity | 167 | 206 | 264 | 417 | 483 | 494 | 563 | 876 | 1,029 | 1,146 | 1,311 |
| Reserve & Surplus | 121 | 160 | 219 | 361 | 426 | 438 | 507 | 820 | 973 | 1,090 | 1,255 |
| Share Capital | 46 | 46 | 46 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 1 | -0 | 1 | -1 | 3 | -3 | -0 | 0 | -0 | 0 | 7 |
| Investing Activities | -219 | -36 | -241 | -20 | -483 | -217 | -11 | -86 | -433 | -426 | -22 |
| Operating Activities | 45 | 100 | 54 | 66 | 104 | 98 | 155 | 431 | 194 | 164 | 307 |
| Financing Activities | 176 | -65 | 188 | -47 | 382 | 116 | -144 | -345 | 239 | 262 | -279 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| Promoter | 56.17 % | 56.17 % | 56.17 % | 56.25 % | 56.25 % | 56.36 % | 56.36 % | 56.40 % | 56.41 % | 56.41 % | 56.41 % | 56.41 % | 56.46 % | 56.47 % | 56.50 % | 56.50 % | 56.62 % | 56.62 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.70 % | 0.60 % | 0.74 % | 1.50 % | 0.99 % | 0.83 % |
| DIIs | 10.53 % | 6.77 % | 4.07 % | 4.23 % | 4.58 % | 5.00 % | 5.57 % | 5.37 % | 6.30 % | 8.44 % | 11.24 % | 13.32 % | 13.74 % | 14.99 % | 14.85 % | 15.49 % | 15.42 % | 15.69 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 25.52 % | 27.86 % | 30.35 % | 29.54 % | 28.52 % | 28.82 % | 28.78 % | 28.21 % | 28.38 % | 26.71 % | 25.43 % | 24.01 % | 23.73 % | 22.43 % | 22.73 % | 21.51 % | 22.01 % | 21.64 % |
| Others | 7.77 % | 9.20 % | 9.41 % | 9.98 % | 10.65 % | 9.83 % | 9.29 % | 10.01 % | 8.91 % | 8.44 % | 6.91 % | 6.26 % | 5.38 % | 5.51 % | 5.18 % | 5.00 % | 4.96 % | 5.22 % |
| No of Share Holders | 18,304 | 23,535 | 35,928 | 32,969 | 37,791 | 42,154 | 43,673 | 43,078 | 40,546 | 37,045 | 33,774 | 32,334 | 30,716 | 29,275 | 34,597 | 35,934 | 37,266 | 36,483 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 1.2 | 1.2 | 1.25 | 0.6 | 1.5 | 2.5 | 2.5 | 2.5 | 3 |
| Dividend Yield (%) | 0.00 | 1.22 | 1.31 | 4.46 | 0.74 | 0.66 | 1.12 | 0.77 | 0.78 | 0.88 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 10 Sept 2021 |  Dividend | ₹ 1.50 /share | 08 Sept 2021 | 102.80 | 220.60 |
| 11 Feb 2022 | Dividend | ₹ 1.50 /share | 10 Feb 2022 | 305.00 | 316.45 |
| 09 Sept 2022 | Dividend | ₹ 2.50 /share | 07 Sept 2022 | 211.35 | 231.10 |
| 12 Sept 2023 | Dividend | ₹ 2.50 /share | 11 Sept 2023 | 251.35 | 309.10 |
| 27 Dec 2023 |  Extraordinary General Meeting | NA | 27 Dec 2023 | 358.10 | 342.20 |
| 10 Sept 2024 | Dividend | ₹ 2.50 /share | 09 Sept 2024 | 362.55 | 417.00 |
| 16 Sept 2024 |  Annual General Meeting | NA | 16 Sept 2024 | 386.80 | 415.20 |
| 07 Nov 2024 |  Quarterly Result Announcement | NA | 07 Nov 2024 | 380.95 | 429.50 |
| 27 Jan 2025 | Quarterly Result Announcement | NA | 27 Jan 2025 | 399.20 | 389.30 |
| 13 May 2025 | Quarterly Result Announcement | NA | 13 May 2025 | 365.60 | 384.80 |
| 05 Aug 2025 | Quarterly Result Announcement | NA | 05 Aug 2025 | 392.50 | 362.45 |
| 30 Aug 2025 | Dividend | ₹ 3.00 /share | 29 Aug 2025 | 384.80 | 348.40 |
| 06 Sept 2025 | Annual General Meeting | NA | 06 Sept 2025 | 362.45 | 330.35 |
Announcements
Announcement under Regulation 30 (LODR)-Credit Rating5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Credit RatingSep 18, 2025
Sep 18, 2025Appointment Of M/S. V.M. & Associates As Secretarial Auditor Of The Company Appointed In 33RD AGM For A Term Of Five (5) Consecutive Years.Sep 08, 2025
Sep 08, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 08, 2025
Sep 08, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 06, 2025
Sep 06, 2025Announcement under Regulation 30 (LODR)-Updates on AcquisitionAug 30, 2025
Aug 30, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 27, 2025
Aug 27, 2025Notice For Record DateAug 18, 2025
Aug 18, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Aug 13, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 11, 2025
Aug 11, 2025Notice For Book ClosureAug 11, 2025
Aug 11, 2025Reg. 34 (1) Annual Report.Aug 11, 2025
Aug 11, 2025Notice For 33Rd Annual General Meeting And Annual Report 2024-25Aug 11, 2025
Aug 11, 2025TRANSCRIPT OF ANALYST/INVESTOR EARNING CALL HELD ON 05.08.2025Aug 08, 2025
Aug 08, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 06, 2025
Aug 06, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 06, 2025
Aug 06, 2025ANALYST/INVESTOR EARNING CALL AUDIO RECORDINGAug 06, 2025
Aug 06, 2025ANALYST/INVESTOR EARNINGS CALL AUDIO RECORDINGAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Change in ManagementAug 05, 2025
Aug 05, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 05.08.2025Aug 05, 2025
Aug 05, 2025Un-Audited Financial Results For The Quarter Ended 30Th June 2025Aug 05, 2025
Aug 05, 2025Announcement under Regulation 30 (LODR)-Change in ManagementJul 31, 2025
Jul 31, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationJul 29, 2025
Jul 29, 2025Board Meeting Intimation for INTIMATION FOR BOARD MEETING UNDER REGULATION 29 OF SEBI LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS REGULATION 2015Jul 24, 2025
Jul 24, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 16, 2025
Jul 16, 2025Closure of Trading WindowJun 28, 2025
Jun 28, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 27, 2025
Jun 27, 2025Announcement under Regulation 30 (LODR)-Credit RatingJun 24, 2025
Jun 24, 2025Announcement under Regulation 30 (LODR)-AcquisitionJun 02, 2025
Jun 02, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 23, 2025
May 23, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 21, 2025
May 21, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 19, 2025
May 19, 2025Analyst/Investor Earning Call Audio RecordingMay 14, 2025
May 14, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 14, 2025
May 14, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 13, 2025
May 13, 2025Corporate Action-Board approves DividendMay 13, 2025
May 13, 2025Board Meeting Outcome for OUTCOME OF BOARD MEETING HELD ON 13.05.2025May 13, 2025
May 13, 2025AUDITED FINANCIAL RESULTS FOR THE QUARTER & YEAR ENDED 31.03.2025May 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 08, 2025
May 08, 2025Change In Constitution Of Statutory Auditors Of The CompanyApr 30, 2025
Apr 30, 2025Board Meeting Intimation for Intimation For Board Meeting- Under Regulation 29 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Apr 28, 2025
Apr 28, 2025INTIMATION UNDER REGULATION 30 OF SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS 2015Apr 08, 2025
Apr 08, 2025Closure of Trading WindowMar 31, 2025
Mar 31, 2025Disclosure Under SEBI (PIT) Reg 2015Feb 22, 2025
Feb 22, 2025Disclosure Under SEBI (PIT) Reg 2015Feb 22, 2025
Feb 22, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptJan 31, 2025
Jan 31, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJan 28, 2025
Jan 28, 2025Analyst/Investor Earnings Call Audio RecordingJan 27, 2025
Jan 27, 2025Technical Indicators
RSI(14)
Neutral 40.32
ATR(14)
Volatile 10.29
STOCH(9,6)
Neutral 56.86
STOCH RSI(14)
Neutral 42.04
MACD(12,26)
Bullish 0.50
ADX(14)
Weak Trend 13.83
UO(9)
Bearish 46.36
ROC(12)
Downtrend And Accelerating -2.50
WillR(14)
Oversold -94.70
Mutual Fund Holdings
| Funding House | Current Holding % | 1M Change | 1M Change % | 3M Change % | Last 6M Trend |
|---|---|---|---|---|---|
 Bandhan Small Cap Fund Direct-Growth | 0.74% | 63583 | -0.05% | -0.17% | |
 HSBC Small Cap Fund Direct-Growth | 0.28% | -22652 | -0.01% | -0.02% | |
 Groww Multicap Fund Direct-Growth | 0.00% | 0 | 0.00% | -0.46% | |
 ITI ELSS Tax Saver Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
 Mahindra Manulife Equity Savings Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mahindra Manulife Multi Asset Allocation Fund Direct - Growth | 0.00% | 0 | 0.00% | 0.00% | |
| Mahindra Manulife Multi Cap Fund Direct - Growth | 0.48% | 0 | -0.02% | -0.05% | |
| Mahindra Manulife Small Cap Fund Direct - Growth | 0.87% | 0 | -0.04% | -0.10% | |
 Quant Small Cap Fund Direct Plan-Growth | 0.33% | 0 | -0.01% | -0.03% |
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