NITINSPIN

Nitin Spinners Ltd.

NSE: NITINSPIN

BSE: 532698

Sector: Textiles

Industry Group: Textiles & Apparels

Industry: Other Textile Products

605.00+10.4 (+1.75%)

5 Oct, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

71.5 / 100

Value Score

73.8 / 100

Price Momentum Score

94.1 / 100

QVM Score

98.0 / 100

Key Metrics

Market Cap

3401.31

P/E (TTM)

16.06

P/B

2.31

P/S (TTM)

1.03

EV/EBITDA

9.09

CAPE (5Y)

17.17

ROE (TTM)

12.76

ROCE (TTM)

12.01

ROA (TTM)

6.29

Avg 3Y ROE

13.04

Earnings 3Y CAGR

18.24

Sales 3Y CAGR

12.49

Sales 5Y CAGR

10.96

Debt/Equity

0.76

Consensus TP

740.00

Strong Buy %

100.00

Promoter Holding

56.71

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Nitin Spinners Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 94.1 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

94.1 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 5.75% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 21.58% for 12-month ended 30 Jun 2026 and the growth was 25.42 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.76 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.13 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 77.7 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

77.7 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 10 financial years

What is Dividend streak?

Negative

Moderate ROE but declining trend

The company reported moderate ROE of 12.76% for 12-month ended 30 Jun 2026 but ROE declined by -151 bps from 1 year ago

What is ROE (FY)?

Low revenue growth and in line with median growth of industry

The company delivered low revenue growth of -0.01% for 12-month ended 30 Jun 2026 and the growth was 1.18 percentage points lower than median growth of industry

What is Sales growth (1Y)?

Median: 1.17

Value -0.01

-10057287.7

Low dividend yield

The company has a low dividend yield of 0.5%

What is Dividend yield?

Neutral

Stock appears to be reasonably valued

PE TTM of 16.06 indicates that the stock is reasonably valued on a standalone basis. Premium to industry median P/E is modest at 3.41%

What is P/E Ratio?

Median: 15.53

Value 16.06

-552.712019.55

Moderate and stable operating margin

The company reported moderate operating margin of 10.57% for 12-month ended 30 Jun 2026 and operating margin improved marginally by 98 bps from 1 year ago

What is Operating profit margin?

Financial Snapshot

See detailed analysis

Multi-year trends for Nitin Spinners Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Nitin Spinners Ltd. Shareholding Pattern

Quarterly breakdown of Nitin Spinners Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	55.89	55.92	56.04	56.10	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	56.51	56.50	56.62	56.62	56.62	56.71	56.71	56.71
Indian Promoter	55.89	55.92	56.04	56.10	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	56.51	56.50	56.62	56.62	56.62	56.71	56.71	56.71
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	16.20	15.34	14.66	13.77	10.53	8.03	6.81	8.28	9.46	9.29	9.38	9.17	8.70	10.68	12.56	14.41	14.44	15.59	15.59	16.99	16.41	16.52	16.59	15.26	15.37	16.60
Mutual Funds / UTI	16.15	15.31	14.66	13.77	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	14.73	15.41	15.42	15.68	15.67	14.32	14.08	14.52
FI/Bank/Insurance	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	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.04	0.03	0.00	0.00	0.00	1.23	2.70	4.02	4.84	4.26	3.81	3.80	2.40	2.21	1.32	1.09	0.70	0.61	0.74	1.50	0.99	0.82	0.89	0.93	1.10	1.92
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.04	0.04	0.04	0.04	0.04	0.00	0.00	0.00	0.03	0.00	0.00	0.00	0.00	0.12	0.07	0.00	0.01	0.02	0.02	0.20	0.16
Non-Institution	27.92	28.74	29.30	30.14	33.30	35.79	37.02	35.47	34.29	34.35	34.27	34.42	34.89	32.91	31.03	29.17	29.11	27.94	27.91	26.51	26.97	26.86	26.79	28.03	27.92	26.69
Bodies Corporate	1.37	1.32	1.70	2.12	3.73	3.04	3.23	2.67	1.90	2.04	1.78	2.52	2.61	2.53	2.32	2.08	2.28	2.55	2.31	2.39	2.21	2.25	2.22	2.33	2.50	2.48
Others (incl. Retail) No. of shareholders	26.55 18,881	27.42 20,851	27.60 20,188	28.02 18,259	29.57 18,162	32.75 23,353	33.79 35,674	32.80 32,712	32.39 37,512	32.31 41,862	32.49 43,403	31.90 42,818	32.28 40,279	30.38 36,787	28.71 33,550	27.09 32,109	26.83 30,485	25.39 29,039	25.60 34,327	24.12 35,659	24.76 37,002	24.61 36,202	24.57 35,596	25.70 35,081	25.42 34,706	24.21 31,401

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Textiles & Apparels	2.17%	15 / 20

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Nitin Spinners Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
REDIAL TRADING AND INVESTMENT PVT. LTD Promoter	April-2022	Market Purchase (Acquisition) 1st Apr 2022	31.83 %	₹ 226.40	43.50 k	₹ 98.48 lac
REDIAL TRADING AND INVESTMENT PVT. LTD Promoter	December-2021	Market Purchase (Acquisition) 21st Dec 2021	31.75 %	₹ 230.26	45.00 k	₹ 1.04 cr
REDIAL TRADING & INVESTMENT PVT LTD Promoter	February-2021	Market Purchase (Acquisition) 11th Feb 2021	31.68 %	₹ 73.91	35.00 k	₹ 25.87 lac

Corporate Actions

History of Nitin Spinners Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 3/share
Record date: 14th Sep 2026Ex-date: 11th Sep 2026
Announced on: 8th May 2026
Dividend₹ 3/share
Record date: 30th Aug 2025Ex-date: 29th Aug 2025
Announced on: 13th May 2025
Dividend₹ 2.50/share
Record date: 9th Sep 2024Ex-date: 9th Sep 2024
Announced on: 9th May 2024
Dividend₹ 2.50/share
Record date: 11th Sep 2023Ex-date: 11th Sep 2023
Announced on: 6th May 2023
Dividend₹ 2.50/share
Record date: 8th Sep 2022Ex-date: 7th Sep 2022
Announced on: 12th May 2022

Company Profile

Overview of Nitin Spinners Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Nitin Spinners Limited is an India-based company, which is engaged in the business of textiles. The Company is an integrated textile manufacturer, specializing in cotton and blended yarns, knitted fabrics and finished woven textiles. Its range of yarns includes cotton ring spun carded yarns from Ne ...

Key personnel

Shri. Purushottam Maheshwari

President, Chief Financial Officer

Shri. Sudhir Garg

Compliance Officer, Vice President - Legal, Company Secretary

Mr. Ghanshyam Heda

Vice President - Engineering

Mr. Arvind Singh Rathore

Vice President - Engineering

Mr. Inderjeet Singh

Vice President - Spinning

Mr. Om Prakesh Verma

General Manager - Human Resources

Shri. Dinesh NolkhaD

Executive Chairman of the Board, Managing Director

Shri. Nitin NolakhaD

Managing Director, Executive Director

View all

Incorporated on

15 Oct 1992

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

6,693

IPO date

27 Jan 2006

Free Float

2,42,67,018

Website

https://nitinspinners.com/

Phone no.

+911482286110

Address

16-17 Km Stone, Chittor Road, Hamirgarh, BHILWARA, 311025, India

Frequently Asked Questions

What is the current share price of Nitin Spinners Ltd.?

The current share price of Nitin Spinners Ltd. is ₹ 605.00 as of 5 Oct 2026.

What is the market capitalisation of Nitin Spinners Ltd.?

The market capitalisation of Nitin Spinners Ltd. stands at ₹ 3,401.31 Cr.

What is the PE ratio of Nitin Spinners Ltd.?

The Price-to-Earnings (PE) ratio of Nitin Spinners Ltd. is 16.06 as of the latest trailing twelve months data.

What is the ROE and ROCE of Nitin Spinners Ltd.?

Nitin Spinners Ltd. has a Return on Equity (ROE) of 12.76% and a Return on Capital Employed (ROCE) of 12.01% as per the latest financial reports.

What is the 52-week high and low of Nitin Spinners Ltd.?

The 52-week high of Nitin Spinners Ltd. is - and the 52-week low is -.

What is the dividend yield of Nitin Spinners Ltd.?

The dividend yield of Nitin Spinners Ltd. is 0.50% based on the current market price.

What is the FII and DII holding in Nitin Spinners Ltd.?

Foreign Institutional Investors (FII) hold 1.92%, Domestic Institutional Investors (DII) hold 14.52% and retail/public investors hold 24.21% of Nitin Spinners Ltd. shares.

What sector does Nitin Spinners Ltd. belong to?

Nitin Spinners Ltd. operates in the Textiles sector. 100% of analysts have a Buy or Strong Buy rating on Nitin Spinners Ltd. with a consensus target price of ₹ 740.00, implying 22.31% upside from current levels.

What is the beta of Nitin Spinners Ltd.?

The beta of Nitin Spinners Ltd. is 0.85, indicating its price volatility relative to the broader market. Over the past 1 year, Nitin Spinners Ltd. has delivered an absolute return of 77.28%.

What is the RSI of Nitin Spinners Ltd.?

The 14-day Relative Strength Index (RSI) of Nitin Spinners Ltd. is 48.09, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Nitin Spinners Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Nitin Spinners Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Corporate Actions

Company Profile

Holdings and Presence