Nitin Spinners

Who are in the management team of Nitin Spinners?

As of March 2023, the management team of Nitin Spinners includes Dinesh Nolkha (Managing Director), Nitin Nolakha (Joint Managing Director), Sudhir Garg (Vice President & Company Secretary), and three Independent Directors: R Chattopadhyay, Aditi Mehta, and Rohit Swadheen Mehta.

As of March 2023, the management team of Nitin Spinners includes the following individuals:<BR><BR>1. Dinesh Nolkha - Managing Director<BR>2. Nitin Nolakha - Joint Managing Director<BR>3. Sudhir Garg - Vice President & Company Secretary<BR>4. R Chattopadhyay - Independent Director<BR>5. Aditi Mehta - Independent Director<BR>6. Rohit Swadheen Mehta - Independent Director<BR><BR>These members play key roles in the company's leadership and governance.

What does Nitin Spinners do?

Nitin Spinners Ltd manufactures 100% cotton yarns and fabrics in the garments industry and is categorized as a small-cap company. As of March 2025, it reported net sales of ₹841 crore and a net profit of ₹46 crore, with a market cap of ₹2,227 crore.

Overview:<BR>Nitin Spinners Ltd is a company engaged in the manufacturing of 100% Cotton Yarns and Fabrics, operating within the Garments & Apparels industry and categorized as a Small Cap.<BR><BR>History:<BR>Nitin Spinners Ltd was incorporated on 15th October 1992 as a private limited company and was converted into a public limited company on November 15, 1994. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 841 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 46 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 2,227 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 13.00<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.63%<BR>- Debt Equity: 0.88<BR>- Return on Equity: 13.38%<BR>- Price to Book: 1.71<BR><BR>Contact Details:<BR>Address: 16-17 KM Stone, Chittor Highway Hamirgarh Bhilwara Rajasthan : 311025<BR>Tel: 91-1482-286110-113<BR>Email: nsl@nitinspinners.com<BR>Website: http://www.nitinspinners.com

Has Nitin Spinners declared dividend?

Yes, Nitin Spinners Ltd has declared a 25% dividend, amounting to ₹2.5 per share, with an ex-date of September 9, 2024. The company has shown strong long-term total returns, particularly a total return of over 1000% in the last 5 years.

Nitin Spinners Ltd has declared a 25% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 25%<BR>- Amount per share: 2.5<BR>- Ex-date: 09 Sep 24<BR><BR>Dividend Yield: 0.63%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -12.39%, with no dividend return, resulting in a total return of -12.39%.<BR><BR>Over the past year, the price return was 21.5%, with a dividend return of 0.75%, leading to a total return of 22.25%.<BR><BR>In the 2-year period, the price return was 44.23%, with a dividend return of 1.85%, culminating in a total return of 46.08%.<BR><BR>For the 3-year period, the price return was 69.62%, with a dividend return of 3.93%, resulting in a total return of 73.55%.<BR><BR>In the last 4 years, the price return was 239.09%, with a dividend return of 7.44%, leading to a total return of 246.53%.<BR><BR>Over the last 5 years, the price return was 1001.81%, with a dividend return of 27.61%, resulting in a total return of 1029.42%.<BR><BR>Overall, Nitin Spinners has declared a dividend, which contributes positively to its long-term total returns, particularly evident over the 5-year period where the total return exceeded 1000%. The recent performance indicates fluctuations in shorter periods, but the longer-term outlook remains strong.

Who are the peers of the Nitin Spinners?

Nitin Spinners' peers include Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shankara Build., SP Apparels, Sangam India, and Sai Silks. In terms of performance, Nitin Spinners has a 1-year return of 24.57%, with excellent management risk and average capital structure compared to its peers.

Peers: The peers of Nitin Spinners are Trent, Page Industries, K P R Mill Ltd, Vedant Fashions, Trident, Shankara Build., SP Apparels, Sangam India, and Sai Silks.<BR><BR>Quality Snapshot: Excellent management risk is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Good management risk is found at Trent, Nitin Spinners, SP Apparels, and the rest. Average management risk is noted at Trident, Shankara Build., Sangam India, Sai Silks, and Cantabil Retail. In terms of Growth, Excellent growth is seen at Sai Silks, while Good growth is found at K P R Mill Ltd, Nitin Spinners, and the rest. Below Average growth is noted at Page Industries, Vedant Fashions, Trident, SP Apparels, Sangam India, and the rest. For Capital Structure, Excellent capital structure is observed at Page Industries, K P R Mill Ltd, and Vedant Fashions, while Average capital structure is found at Nitin Spinners, and Good capital structure is noted at Trent, Trident, Shankara Build., SP Apparels, Sai Silks, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Page Industries at 26.58%, while Vedant Fashions has the lowest at -24.55%. Nitin Spinners has a 1-year return of 24.57%, which is lower than Page Industries but higher than Vedant Fashions. Additionally, Vedant Fashions, Trident, and Sai Silks have negative six-month returns.

Who are the top shareholders of the Nitin Spinners?

The top shareholders of Nitin Spinners include Redial Trading And Investment Private Limited with 32.09%, mutual funds with 15.42%, and individual investors holding 22.01%. Bandhan Small Cap Fund is the largest public shareholder at 5.14%, with no pledged promoter holdings reported.

The top shareholders of Nitin Spinners include several key players. The majority shareholders are the promoters, with Redial Trading And Investment Private Limited holding the highest stake at 32.09%. Additionally, mutual funds collectively hold 15.42% through five different schemes. Among public shareholders, Bandhan Small Cap Fund is the largest, with a holding of 5.14%. Individual investors also have a significant presence, owning 22.01% of the company. Notably, there are no pledged promoter holdings reported.

How big is Nitin Spinners?

As of 24th July, Nitin Spinners Ltd has a market capitalization of 2,206.00 Cr, with recent net sales of 3,305.65 Cr and a net profit of 175.43 Cr. Shareholder's funds are 1,146.33 Cr and total assets amount to 2,716.65 Cr as of March 2024.

As of 24th July, Nitin Spinners Ltd has a market capitalization of 2,206.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest 4 quarters, Nitin Spinners reported Net Sales of 3,305.65 Cr and a Net Profit of 175.43 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 1,146.33 Cr and Total Assets of 2,716.65 Cr.

How has been the historical performance of Nitin Spinners?

Nitin Spinners has experienced significant growth in net sales, rising from 1,242.51 Cr in Mar'19 to 3,305.65 Cr in Mar'25, with profit after tax increasing from 64.11 Cr to 175.43 Cr during the same period, despite fluctuations in operating profit and profit margins. Total assets have also grown substantially, indicating a robust overall performance.

Answer:<BR>The historical performance of Nitin Spinners shows a significant growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Nitin Spinners has demonstrated a strong upward trend in net sales, increasing from 1,242.51 Cr in Mar'19 to 3,305.65 Cr in Mar'25. This growth is accompanied by fluctuations in operating profit, which peaked at 653.62 Cr in Mar'22 but has since decreased to 475.02 Cr in Mar'25. The profit before tax also reflects this trend, rising from 97.30 Cr in Mar'19 to 236.94 Cr in Mar'25, despite a notable high of 506.17 Cr in Mar'22. Profit after tax has shown resilience, increasing from 64.11 Cr in Mar'19 to 175.43 Cr in Mar'25, although it was significantly higher at 326.14 Cr in Mar'22. The company's total assets have grown from 1,645.26 Cr in Mar'20 to 2,732.32 Cr in Mar'25, while total liabilities have also risen, reaching 1,164.71 Cr in Mar'25. Cash flow from operating activities has improved, reaching 307.00 Cr in Mar'25, compared to 98.00 Cr in Mar'20. Overall, Nitin Spinners has shown a robust growth pattern in sales and profitability, despite some fluctuations in profit margins and expenses.

Is Nitin Spinners overvalued or undervalued?

As of November 6, 2025, Nitin Spinners is considered very attractive and undervalued with a PE ratio of 10.41, a Price to Book Value of 0.13, and a PEG ratio of 1.38, despite a year-to-date decline of 31.21%, indicating strong long-term growth potential and a compelling investment opportunity.

As of 6 November 2025, the valuation grade for Nitin Spinners has moved from attractive to very attractive, indicating a significant improvement in its perceived value. The company is currently considered undervalued, with a PE ratio of 10.41, a Price to Book Value of 0.13, and an EV to EBITDA of 13.19. These ratios suggest that Nitin Spinners is trading at a discount compared to its peers, particularly when compared to K P R Mill Ltd, which has a PE ratio of 43.81, and Trident, which has a PE ratio of 32.8.<BR><BR>In the context of its industry, Nitin Spinners stands out with a PEG ratio of 1.38, which is more favorable than K P R Mill Ltd's PEG of 12.41, indicating better growth prospects relative to its valuation. Despite recent stock performance showing a decline of 31.21% year-to-date compared to a 6.62% increase in the Sensex, the long-term outlook remains positive, with a remarkable 544.17% return over the past five years. This reinforces the notion that Nitin Spinners is undervalued and presents a compelling investment opportunity.

Is Nitin Spinners technically bullish or bearish?

As of December 2, 2025, Nitin Spinners shows a bearish trend with moderate strength, driven by bearish daily moving averages, Bollinger Bands, and mixed signals from MACD, KST, and OBV.

As of 2 December 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages, which are bearish, and the Bollinger Bands showing bearish signals on both weekly and monthly time frames. The MACD is mildly bullish on the weekly but mildly bearish on the monthly, indicating mixed signals. Additionally, the KST and OBV are both mildly bearish on the weekly, further supporting the bearish outlook. Overall, the combination of these indicators suggests a bearish sentiment in the market for Nitin Spinners.

Are Nitin Spinners Ltd latest results good or bad?

Nitin Spinners Ltd's latest results show a mixed performance, with a 27.66% increase in net profit quarter-on-quarter but a 0.83% decline year-on-year, alongside a 4.55% drop in revenue compared to last year. While there are signs of recovery, ongoing challenges in the textile sector suggest a cautious outlook for investors.

Nitin Spinners Ltd's latest results present a mixed picture. On the positive side, the company reported a net profit of ₹44.41 crore for Q3 FY26, which is a significant increase of 27.66% compared to the previous quarter. Additionally, revenue grew by 5.34% quarter-on-quarter to ₹800.68 crore, indicating some recovery in demand.<BR><BR>However, when looking at year-on-year performance, there are challenges. The net profit reflects a slight decline of 0.83% compared to the same quarter last year, and revenue is down 4.55% year-on-year. This suggests that while there is sequential improvement, the company is still facing pressures in the broader textile sector, which has been struggling with demand issues.<BR><BR>The operating margin improved to 13.93%, up 83 basis points from the previous quarter, and the PAT margin also expanded to 5.55%, indicating better cost management and operational efficiency. Despite these improvements, the overall context remains challenging, with the stock down 15.35% over the past year, reflecting broader industry headwinds.<BR><BR>In summary, while there are positive signs of recovery in the latest results, the year-on-year declines and ongoing sector challenges indicate that the situation is still precarious. Investors may view the results as cautiously optimistic, but the underlying pressures in the textile industry cannot be overlooked.

Should I buy, sell or hold Nitin Spinners Ltd?

When is the next results date for Nitin Spinners Ltd?

The next results date for Nitin Spinners Ltd is 08 May 2026.

The next results date for Nitin Spinners Ltd is scheduled for 08 May 2026.

Why is Nitin Spinners Ltd falling/rising?

As of 05-May, Nitin Spinners Ltd's stock price has risen to Rs 503.00, reflecting a 2.37% increase, driven by strong performance metrics and positive investor sentiment. The stock has outperformed the Sensex significantly over various time frames, indicating resilience and attractiveness to investors.

As of 05-May, Nitin Spinners Ltd is experiencing a rise in its stock price, currently at Rs 503.00, which reflects an increase of Rs 11.65 or 2.37%. This upward movement can be attributed to several factors highlighted in the recent performance metrics. <BR><BR>Over the past week, the stock has gained 10.53%, significantly outperforming the Sensex, which only increased by 0.17%. In the last month, Nitin Spinners has shown a remarkable return of 33.26%, while the Sensex rose by just 5.04%. Year-to-date, the stock has surged by 59.91%, contrasting sharply with the Sensex's decline of 9.63%. This strong performance is indicative of the stock's resilience and attractiveness to investors.<BR><BR>Additionally, the stock is currently trading close to its 52-week high, being only 1.57% away from Rs 510.65. It has also outperformed its sector by 2.95% today and has been on a consecutive gain streak for the last two days, accumulating a total return of 9.02% in that period. The stock reached an intraday high of Rs 506.5, marking a 3.08% increase during the trading day.<BR><BR>Nitin Spinners is also trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bullish trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 154.88% compared to the 5-day average, suggesting heightened interest and confidence among investors.<BR><BR>The company benefits from high management efficiency, evidenced by a return on capital employed (ROCE) of 18.10%, and it is trading at a discount relative to its peers' historical valuations. Despite a slight decline in profits over the past year, the stock has still managed to generate a solid return of 35.74%, showcasing its ability to outperform the broader market.<BR><BR>In summary, the combination of strong recent performance, positive investor sentiment, and favorable financial metrics contributes to the rising stock price of Nitin Spinners Ltd.

Which are the latest news on Nitin Spinners?