Nitin Spinners Ltd has scheduled a virtual one-on-one meeting with analysts and institutional investors for June 18, 2026, to discuss its business performance. The interaction, hosted by Systematix Group, is set to begin at 04:00 pm IST and will be conducted via a virtual platform. This engagement provides the investment community an opportunity to review the company's operational updates based on existing public disclosures.

The meeting is being convened pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations 2015. The company has clarified that the discussions will be strictly based on publicly available information and that no unpublished price sensitive information (UPSI) will be shared during the session.

The schedule for the interaction is detailed below:

Participants should note that the schedule remains subject to potential changes due to exigencies on the part of the participants or the company. The intimation was signed by Sudhir Garg, Company Secretary & VP (Legal), on June 13, 2026.

Nitin Spinners Limited reported its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors convened on May 08, 2026, approved the results, and recommended a dividend of 30%, or INR3 per equity share of INR10 each, subject to shareholder approval. The statutory audit was conducted by M/s Kalani & Co LLP, which issued an unmodified opinion. The company also made the audio recording of its Analyst/Investor Earnings Call, held on May 11, 2026, available on its website.

Q4 FY26 Performance Highlights

Nitin Spinners delivered its highest ever quarterly revenue of INR859.8 crores in Q4 FY26, marking a 2.2% year-on-year increase and a 7.4% quarter-on-quarter rise. This growth was driven by improved demand and yarn prices. Net profit for the quarter rose by 23.7% year-on-year to INR57.4 crores, compared to INR46.4 crores in Q4 FY25. Profit before tax stood at INR78.4 crores, up from INR63.2 crores in the corresponding period of the previous year.

Operational and Financial Overview

For the full year ended March 31, 2026, revenue from operations stood at INR3,213.9 crores, a marginal decline of 2.8% compared to the previous year, primarily due to lower yarn and raw material prices in the first half. EBITDA for the year was INR452.8 crores, with a margin of 14.09%. Net profit for the year increased by 1.2% to INR177.6 crores. The company’s net debt to equity ratio improved to 0.76x as of March 31, 2026, down from 0.89x in the previous year.

Management Commentary and Outlook

Management noted that FY26 was a challenging year for the textile industry but ended on a positive note for upstream players. The second half of the year saw uncertainties due to geopolitical tensions, but Q4 FY26 witnessed improved demand following the removal of U.S. tariffs and restocking across channels. Spinning capacity utilization was over 98% in Q4 FY26, while woven fabric capacity operated at over 90%.

The company is currently executing a capacity expansion plan with a capex of nearly INR1,100 crores, expected to be commissioned in the second half of FY27. This will add 35 million meters of fabric capacity and 22,000 tons of spinning capacity. Management expects normalized margins to be in the range of 16% to 20% in FY27, supported by better demand visibility, increased realizations, and renewable power initiatives. The Board also approved the re-appointment of M/s Vivek Laddha & Associates as Cost Auditors for FY2026-27.