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.

Are Nitin Spinners latest results good or bad?

Nitin Spinners' latest results are poor, with Q2 FY26 net sales declining 4.19% quarter-on-quarter and 7.59% year-on-year, alongside a significant drop in net profit and operating margins, indicating challenges in the textile sector.

Nitin Spinners' latest results indicate a challenging quarter for the company. In Q2 FY26, net sales fell to ₹760.08 crores, which is a decline of 4.19% from the previous quarter and marks the lowest revenue in the past seven quarters. Year-on-year, sales also decreased by 7.59%. <BR><BR>The operating profit margin has contracted to 13.10%, down from 14.02% in the previous quarter, reflecting pressure on both revenue and operational efficiency. Additionally, net profit dropped to ₹34.79 crores, representing a significant decline of 15.13% quarter-on-quarter and 17.48% year-on-year.<BR><BR>These results highlight a concerning trend of declining revenues and profitability, driven by weak demand in the textile sector and margin compression. Overall, the performance can be characterized as poor, with significant challenges ahead for the company in the current operating environment.

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.

Should I buy, sell or hold Nitin Spinners?

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.

Why is Nitin Spinners Ltd falling/rising?

As of 28-Jan, Nitin Spinners Ltd's stock price is at 328.70, down 0.89%, following a trend reversal after three days of gains. Despite a recent positive return over the past week, the stock has underperformed significantly over the past year, influenced by declining financial results and reduced institutional investor participation.

As of 28-Jan, Nitin Spinners Ltd's stock price is currently at 328.70, reflecting a decrease of 2.95 (-0.89%). The stock has recently experienced a trend reversal, falling after three consecutive days of gains. Although it opened with a gain of 4.01% today and reached an intraday high of Rs 344.95, it has underperformed its sector by 4.68%. <BR><BR>In terms of performance over various periods, the stock has shown a positive return of 7.09% over the past week and 3.69% over the past month, contrasting with a negative return of -14.62% over the past year. This underperformance is significant, especially as the broader market, represented by the Sensex, has gained 8.49% in the same timeframe. <BR><BR>The company's recent financial results have also contributed to the stock's decline. In the latest quarter, the profit before tax (PBT) fell by 20.1% compared to the previous four-quarter average, and the profit after tax (PAT) decreased by 20.2%. Additionally, net sales were reported at their lowest level of Rs 760.08 crore. <BR><BR>Moreover, there has been a decrease in participation from institutional investors, who have reduced their stake by 1.33% over the previous quarter. This decline in institutional interest may signal a lack of confidence in the stock's future performance, further contributing to its downward pressure. <BR><BR>Overall, while there have been some positive indicators, such as high management efficiency and healthy long-term growth in operating profit, the negative financial results and falling institutional participation are significant factors leading to the current decline in Nitin Spinners Ltd's stock price.

Which are the latest news on Nitin Spinners?