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.

When is the next results date for Nitin Spinners Ltd?

The next results date for Nitin Spinners Ltd is January 31, 2026.

The next results date for Nitin Spinners Ltd is scheduled for January 31, 2026.

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?

Why is Nitin Spinners Ltd falling/rising?

As of 17-Mar, Nitin Spinners Ltd's stock price is rising to 374.75, reflecting a 5.65% increase due to a trend reversal and strong relative performance against the sector. The stock has shown positive returns over various periods, significantly outperforming the benchmark Sensex.

As of 17-Mar, Nitin Spinners Ltd's stock price is rising, currently at 374.75, reflecting a change of 20.05 or 5.65% increase. This upward movement can be attributed to several factors. Firstly, the stock has shown a trend reversal, gaining after three consecutive days of decline, indicating a potential recovery in investor sentiment. Additionally, it has outperformed the sector by 4.89% today, suggesting strong relative performance.<BR><BR>The stock's performance over various periods also highlights its strength; it has increased by 4.56% over the past week and 9.58% over the past month, while the benchmark Sensex has declined by 2.73% and 8.84%, respectively. Year-to-date, Nitin Spinners has delivered a return of 19.14%, significantly outperforming the Sensex, which is down 10.74%.<BR><BR>Moreover, the stock is trading above its moving averages across multiple time frames, indicating a bullish trend. Despite a recent drop in investor participation, with delivery volume falling by 54.29% against the 5-day average, the stock remains liquid enough for trading, which may attract new investors looking for opportunities.<BR><BR>Overall, the combination of positive short-term performance, a trend reversal, and strong long-term returns compared to the market supports the rise in Nitin Spinners Ltd's stock price.

Why is Nitin Spinners Ltd falling/rising?

As of 18-Mar, Nitin Spinners Ltd's stock price is at 370.40, down 1.16%. Despite this short-term decline, the stock has shown strong long-term performance, trading above key moving averages and benefiting from increased investor interest, indicating a positive outlook.

As of 18-Mar, Nitin Spinners Ltd's stock price is currently at 370.40, reflecting a decrease of 4.35 (-1.16%). Despite this decline, the stock has shown strong performance over various periods, with a 1-week increase of 2.67%, a 1-month increase of 9.18%, and a year-to-date rise of 17.76%. This indicates that while the stock is experiencing a short-term drop, it has been on an upward trajectory in the longer term.<BR><BR>The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. Additionally, the textile sector has gained by 2.82%, indicating that the broader market context is favorable. However, Nitin Spinners has underperformed its sector by 3.95% today, which may contribute to the current price decline.<BR><BR>Investor participation has increased, with a delivery volume of 68.25k on March 17, rising by 39.69% compared to the 5-day average, which could indicate growing interest despite the current price drop. The company's high management efficiency, reflected in a return on capital employed (ROCE) of 18.10%, and its attractive valuation compared to peers, further support the stock's long-term potential.<BR><BR>In summary, while Nitin Spinners Ltd is experiencing a short-term decline in stock price, the overall performance metrics and market conditions suggest a strong long-term outlook, which may explain the mixed sentiment among investors.

Why is Nitin Spinners Ltd falling/rising?

As of 19-Mar, Nitin Spinners Ltd's stock price is falling, currently at 362.10, reflecting a 2.61% decrease. This decline is part of a broader trend, with reduced investor participation and a recent drop in profits contributing to the downward pressure on the stock.

As of 19-Mar, Nitin Spinners Ltd's stock price is falling, currently at 362.10, which reflects a decrease of 9.7 points or 2.61%. This decline is part of a broader trend, as the stock has been losing value for the past two days, with a total drop of 3.38% during this period. Additionally, the stock's performance today is in line with the overall sector, which has also seen a decline of 2.78%.<BR><BR>Investor participation appears to be waning, as evidenced by a significant drop in delivery volume, which fell by 31.1% compared to the five-day average. This reduced activity may indicate a lack of confidence among investors. Despite the stock's long-term performance being strong, with a 66.48% increase over three years and a 331.59% rise over five years, the recent short-term performance shows a 4.22% decline over the past month, which could be contributing to the current downward pressure on the stock price.<BR><BR>Moreover, while the stock is trading at a discount compared to its peers and has high management efficiency with a return on capital employed (ROCE) of 18.10%, the recent fall in profits by 1% over the past year may also be impacting investor sentiment negatively. Overall, these factors combined suggest that Nitin Spinners Ltd is currently experiencing a decline in its stock price.

Why is Nitin Spinners Ltd falling/rising?

As of 20-Mar, Nitin Spinners Ltd's stock price is rising, currently at 365.35, reflecting a 0.83% increase. The stock has shown strong long-term growth and is trading at a discount compared to peers, contributing to its upward trend despite a recent drop in investor participation.

As of 20-Mar, Nitin Spinners Ltd's stock price is rising, currently at 365.35, reflecting a change of 3.0 (0.83%) upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Additionally, it outperformed the sector by 0.98% today and reached an intraday high of Rs 374.5, which is a 3.35% increase. <BR><BR>In terms of performance metrics, the stock has demonstrated strong long-term growth, with a 70.92% increase over the past three years and a 335.46% rise over the last five years. Year-to-date, it has increased by 16.15%, contrasting sharply with the Sensex, which has declined by 12.54% during the same period. <BR><BR>Despite a recent drop in investor participation, as indicated by a 23.69% decrease in delivery volume compared to the five-day average, the stock's overall performance remains robust. It is trading at a discount compared to its peers' average historical valuations, supported by high management efficiency with a return on capital employed (ROCE) of 18.10%. <BR><BR>Overall, the combination of a recent price increase, strong long-term performance, and attractive valuation compared to peers contributes to the rising trend of Nitin Spinners Ltd's stock price.

Which are the latest news on Nitin Spinners?