Nitin Spinners

Why is Nitin Spinners Ltd falling/rising?

As of 26-Aug, Nitin Spinners Ltd's stock price has risen to 625.85, reflecting a year-to-date increase of 98.97% and a recent 52-week high of Rs. 646.8. This growth is driven by strong financial performance, increased investor participation, and heightened institutional interest.

As of 26-Aug, Nitin Spinners Ltd is experiencing a rise in its stock price, currently at 625.85, with a change of 2.3 (0.37%) upwards. This upward movement can be attributed to several factors. Firstly, the stock has shown significant performance over various periods, with a remarkable year-to-date increase of 98.97%, which is substantially higher than the Sensex's decline of 9.09%. Additionally, in the last week, the stock has risen by 7.37%, outperforming the Sensex, which only increased by 0.73%.<BR><BR>Today, the stock reached a new 52-week and all-time high of Rs. 646.8, indicating strong market interest. The stock has been gaining for the last two days, with a total return of 7.81% during this period. Furthermore, Nitin Spinners is trading above its moving averages across various time frames, which is often seen as a bullish indicator.<BR><BR>Investor participation has also increased, with a notable rise in delivery volume by 78% compared to the 5-day average, suggesting growing confidence among investors. The company's strong financial performance, highlighted by record net sales of Rs 875.03 crore and a high operating profit to interest ratio, further supports the positive sentiment surrounding the stock.<BR><BR>Moreover, institutional investors have increased their stake in the company by 1.23% over the previous quarter, indicating a belief in the company's long-term potential. This combination of strong performance metrics, increased investor participation, and positive institutional interest contributes to the rising stock price of Nitin Spinners Ltd.

Which are the latest news on Nitin Spinners?

Should I buy, sell or hold Nitin Spinners Ltd?

Who are in the management team of Nitin Spinners?

The management team of Nitin Spinners includes Dinesh Nolkha (Managing Director), Nitin Nolakha (Joint Managing Director), Sudhir Garg (Vice President & Company Secretary), and independent directors R Chattopadhyay, Aditi Mehta, and Rohit Swadheen Mehta. They oversee the company's operations and strategic direction.

The management team of Nitin Spinners includes:<BR><BR>- **Dinesh Nolkha** - Managing Director<BR>- **Nitin Nolakha** - Joint Managing Director<BR>- **Sudhir Garg** - Vice President & Company Secretary<BR>- **R Chattopadhyay** - Independent Director<BR>- **Aditi Mehta** - Independent Director<BR>- **Rohit Swadheen Mehta** - Independent Director<BR><BR>This team plays a crucial role in overseeing the company's operations and strategic direction.

What does Nitin Spinners do?

Nitin Spinners Ltd is a small-cap company in the Garments & Apparels industry, specializing in the production of cotton and blended yarn, knitted, and woven fabrics. As of June 2026, it reported net sales of ₹875 Cr and a net profit of ₹75 Cr, with a market cap of ₹3,047 Cr.

Overview:<BR>Nitin Spinners Ltd is a small-cap company operating in the Garments & Apparels industry, specializing in the manufacturing of 100% Cotton and Blended Yarn, Knitted Fabrics, and Woven Fabrics.<BR><BR>History:<BR>Nitin Spinners Limited 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 June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 875 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 75 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 3,047 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: 14.00<BR>- Industry P/E: 28<BR>- Dividend Yield: 0.56%<BR>- Debt Equity: 0.76<BR>- Return on Equity: 14.40%<BR>- Price to Book: 2.06<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

Who are the peers of the Nitin Spinners?

Nitin Spinners' peers include Sanathan Textile, Jindal Worldwide, Lux Industries, and others. Management risk varies from excellent at Kewal Kir.Cloth. to below average at Sanathan Textile, with Nitin Spinners showing good management risk and a 1-year return of 59.29%.

Peers: The peers of Nitin Spinners are Sanathan Textile, Jindal Worldwide, Lux Industries, Filatex India, Kewal Kir.Cloth., Ganesha Ecosphe., Sangam India, Siyaram Silk, Baazar Style, and Kitex Garments.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kewal Kir.Cloth., while Good management risk is found at Nitin Spinners. Average management risk is present at Jindal Worldwide, Lux Industries, Filatex India, Ganesha Ecosphe., Sangam India, and Siyaram Silk, and the rest. Below Average management risk is noted at Sanathan Textile, Baazar Style, and Kitex Garments. Growth is Excellent at Kewal Kir.Cloth., while Below Average growth is seen at Nitin Spinners, Sanathan Textile, Jindal Worldwide, Lux Industries, Ganesha Ecosphe., Sangam India, and the rest. Average growth is found at Siyaram Silk, and Below Average growth is noted at Baazar Style and Kitex Garments. Capital Structure is Excellent at Lux Industries and Filatex India, Average at Nitin Spinners, Jindal Worldwide, Ganesha Ecosphe., and Kitex Garments, and Below Average at Sanathan Textile, Sangam India, and Baazar Style.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Filatex India at 54.86%, while the lowest is Ganesha Ecosphe. at -22.57%. Nitin Spinners has a 1-year return of 59.29%, which is higher than both. Additionally, Kitex Garments and Ganesha Ecosphe. have negative six-month returns.

How big is Nitin Spinners?

As of 14th August, Nitin Spinners Ltd has a market capitalization of 3,108.97 Cr, with recent net sales of 3,295.58 Cr and a net profit of 211.83 Cr.

As of 14th August, Nitin Spinners Ltd has a market capitalization of 3,108.97 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Nitin Spinners reported Net Sales of 3,295.58 Cr and a Net Profit of 211.83 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with Shareholder's Funds amounting to 1,311.20 Cr and Total Assets of 2,732.32 Cr.

When is the next results date for Nitin Spinners Ltd?

The next results date for Nitin Spinners Ltd is August 8, 2026.

The next results date for Nitin Spinners Ltd is scheduled for August 8, 2026.

Are Nitin Spinners Ltd latest results good or bad?

Nitin Spinners Ltd's latest Q4 FY26 results are strong, with a net profit of ₹57.36 crore, a 23.67% increase quarter-on-quarter, and improved operating margins at 15.17%. Overall, the company's performance indicates robust operational stability and effective cost management, making the results favorable.

Nitin Spinners Ltd's latest results for Q4 FY26 indicate a strong performance, showcasing several positive trends. The company reported a net profit of ₹57.36 crore, which reflects a significant increase of 23.67% quarter-on-quarter and 23.70% year-on-year. Additionally, net sales reached ₹859.79 crore, marking a 7.38% increase from the previous quarter and a modest 2.20% increase year-on-year.<BR><BR>The operating margin also improved, reaching 15.17%, the highest in eight quarters, which is a positive sign of operational efficiency. The PAT margin increased to 6.67%, up 112 basis points from the previous quarter, further indicating effective cost management and pricing power.<BR><BR>Overall, Nitin Spinners has demonstrated robust operational stability and margin expansion despite challenges in the textile industry, such as volatile cotton prices and fluctuating export demand. The company's consistent performance throughout the fiscal year, along with record quarterly metrics, suggests that the latest results are indeed good.

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.

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.

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.

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.

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.