Nitin Spinners
Nitin Spinners Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Nitin Spinners Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Nitin Spinners Ltd trades at a P/E of 17.71× and P/B of 2.14×, against the Consumer Cyclical sector median P/E of 33.60×.
Valuation
Profitability
Growth
Financial Health
Nitin Spinners Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Nitin Spinners Ltd, switchable between annual and quarterly views, consolidated or standalone.
Nitin Spinners Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹3,101.1 Cr and reported EPS of ₹31.60.
Nitin Spinners segment analysis: revenue and profit mix.
Disclosed business segments at Nitin Spinners with their share of revenue and profit, switchable between consolidated and standalone reporting.
Nitin Spinners discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Nitin Spinners Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Nitin Spinners Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Nitin Spinners Ltd's investment case rests on 6 positive markers and 7 flagged concerns drawn from the latest reported filings.
What you're getting.
Nitin Spinners boasts a healthy ROE of 14.3%, indicating efficient shareholder investment utilization and promising profitability. Its low PE ratio of 10.70 suggests potential undervaluation relative to earnings, offering an attractive entry point for investors.
The company demonstrates consistent net profit growth, rising from ₹32 crore in Sep 2023 to ₹46 crore in Mar 2025. This positive operational trend highlights strong financial performance and earnings stability for investors.
A robust promoter holding of 56.6% signals strong confidence in the company's future and reduces risks from management changes or hostile takeovers. This high stake is a positive indicator for long-term investor trust.
Nitin Spinners' ROCE of 13.2% surpasses the industry average, showcasing efficient capital allocation and strong operational efficiency. This metric underscores the company's capability to generate solid returns from its invested capital.
The broader textile sector is showing growth, with peers like K P R Mill reporting 9.73% quarterly sales variation. This favorable market environment presents an opportunity for Nitin Spinners to expand and capitalize on increased demand.
What can break it.
Nitin Spinners carries a considerable debt-to-equity ratio of 0.89, indicating high leverage. This could increase financial vulnerability during economic downturns or periods of reduced profitability, posing a risk.
Quarterly profit variability is a concern, with a -2.68% decline in the latest quarter. This volatility raises questions about the sustainability of profit growth and potential future earnings instability, impacting investor confidence.
The company's relatively low dividend yield of 0.91% may be less appealing to income-focused investors. This could limit its attractiveness compared to peers offering higher returns on investment, affecting broader appeal.
Significant stock price volatility is evident, with a 5-day range from ₹322.75 to ₹340.05. Such fluctuations signal market uncertainty and potential investment risk for short-term holders, demanding careful monitoring.
Nitin Spinners faces intense competition in the textile sector, with peers like K P R Mill (ROCE 19.84%) and Garware Tech. (ROCE 24.68%) demonstrating higher returns. This could pressure margins and market share.
What would change my mind.
Trim if P/E re-rates above 23 (~0.7× the sector multiple of 33.6). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 76.96. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
Nitin Spinners Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Nitin Spinners Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Nitin Spinners Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Nitin Spinners Ltd — derived from the live tape, not yesterday's close.
Nitin Spinners Ltd last traded at ₹549.75 with an intraday range of ₹542.3–₹556 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹549.75| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 583.80 | +34.05 | +6.19% |
| R3 | 570.10 | +20.35 | +3.70% |
| R2 | 563.05 | +13.30 | +2.42% |
| R1 | 556.40 | +6.65 | +1.21% |
| PIVOT | 549.35 | -0.40 | -0.07% |
| CURRENT | 549.75 | — | — |
| S1 | 515.30 | -34.45 | -6.27% |
| S2 | 529.00 | -20.75 | -3.77% |
| S3 | 535.65 | -14.10 | -2.56% |
| S4 | 542.70 | -7.05 | -1.28% |
NITINSPIN is trading Above CPR, indicating Bullishness
CPR is Narrower, suggesting likely for trending moves
Day's range: 550 ~ 556
Trading Inside opening range
Nitin Spinners Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Nitin Spinners Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Nitin Spinners Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Nitin Spinners Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Nitin Spinners Ltd stood at 54.5% of traded volume, against a 20-day average of 46.2%.
Nitin Spinners announcements: results, concalls, ratings, M&A.
Filings Nitin Spinners sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Nitin Spinners files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 73 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
Nitin Spinners Limited has informed the Exchange about Schedule of meet
Analysts/Institutional Investor Meet/Con. Call Updates
Nitin Spinners Limited has informed the Exchange about Transcript
Investor Presentation
Nitin Spinners Limited has informed the Exchange about Investor Presentation
Copy of Newspaper Publication
Nitin Spinners Limited has informed the Exchange about Copy of Newspaper Publication
Change in Management
Nitin Spinners Limited has informed the Exchange about change in Management
Investor decks & rating reports.
Nitin Spinners dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Nitin Spinners has declared, sequenced by announce and record date.
Nitin Spinners corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Nitin Spinners Ltd: business, sector, key facts.
What Nitin Spinners Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Nitin Spinners Ltd operates in the Consumer Cyclical, listed as NSE: NITINSPIN, BSE: 532698.
Nitin Spinners Limited is an Indian textile manufacturer specializing in the production and sale of a wide range of cotton and blended yarns, as well as knitted and woven fabrics. Their operations span both the domestic Indian market and international export destinations.
The company's yarn portfolio is extensive and diverse, encompassing various types of cotton yarns including ring spun carded, ring spun, compact ring spun combed, and compact ring spun carded options. They also produce blended yarns incorporating polyester and cotton, offering a variety of twists (S and Z), and specializing in fancy and core slub yarns. Their commitment to sustainability is reflected in their production of organic, BCI/TBC certified, and recycled fiber yarns. Premium cotton certifications, such as Supima and Giza, further enhance their product range. They even offer specialized yarns like zero and eli twist options, catering to specific customer needs.
Beyond yarns, Nitin Spinners produces a significant variety of knitted fabrics. This includes common types such as single jersey and lycra-blended fabrics, along with more specialized structures like pique, interlock, rib, and 3 T fleece fabrics. They also offer finished and printed fabrics to complete their product offerings. The breadth of their fabric production allows them to serve a wide range of applications.
The applications of Nitin Spinners' products are remarkably broad, catering to numerous industries. Their yarns and fabrics are used in the creation of woven and knitted apparel, furnishing fabrics, denims, terry towels, and even specialized applications like medical fabrics, tea bags, and uniforms. Further, their products find their way into healthcare apparel, hotel textiles, and a diverse range of clothing sectors such as innerwear, comfort wear, sportswear, baby clothing, winter wear, fashion, and industrial/protective wear, including even defense applications.
Established in 1992 and headquartered in Bhilwara, India, Nitin Spinners Limited has built a substantial presence in the global textile market by offering a comprehensive range of high-quality yarns and fabrics tailored to a diverse array of customer needs and industry applications. Their commitment to both quality and sustainability positions them well within the competitive textile landscape.
Questions investors ask about Nitin Spinners Ltd (NITINSPIN).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Nitin Spinners Ltd (NITINSPIN)?
The current share price of Nitin Spinners Ltd (NITINSPIN) is ₹549.75. Today, the stock has gained by ₹1.85 (0.34%), trading in a range of ₹542.3 to ₹556. The stock opened at ₹552 with a trading volume of 1,06,194 shares.
02Is Nitin Spinners Ltd stock a good investment for long-term?
Nitin Spinners Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹3,101.1 crores, P/E ratio of 17.71, ROE of 12.76%, and ROCE of 13.20%. The dividend yield stands at 0.54%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Nitin Spinners Ltd stock?
The 52-week high price of Nitin Spinners Ltd (NITINSPIN) is ₹571, while the 52-week low is ₹302.2. Currently trading at ₹549.75, the stock is 92.1% away from its 52-week low and 3.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Nitin Spinners Ltd stock at the current price?
Whether to buy Nitin Spinners Ltd stock at ₹549.75 depends on multiple factors. The stock is currently trading with a P/E ratio of 17.71 and P/B ratio of 2.14. Today's performance shows a gain of 0.34%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Nitin Spinners Ltd and when is the next dividend?
Nitin Spinners Ltd offers a dividend yield of 0.54%, which means for every ₹100 invested at the current price of ₹549.75, you can expect to receive approximately ₹0.54 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Nitin Spinners Ltd?
Nitin Spinners Ltd's key financial metrics include: P/E Ratio: 17.71, P/B Ratio: 2.14, ROE: 12.76%, ROCE: 13.20%, Dividend Yield: 0.54%, EPS: ₹31.60, Book Value: ₹261.48, and Debt-to-Equity: 76.46. The company's market cap stands at ₹3,101.1 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Nitin Spinners Ltd stock performing today in the market?
Nitin Spinners Ltd stock opened at ₹552 and is currently trading at ₹549.75, showing a gain of ₹1.85 (0.34%). The intraday high is ₹556 and low is ₹542.3. The trading volume stands at 1,06,194 shares, indicating moderate market participation today.
08What is the P/E ratio of Nitin Spinners Ltd and what does it indicate?
Nitin Spinners Ltd has a Price-to-Earnings (P/E) ratio of 17.71, which means investors are willing to pay ₹17.71 for every ₹1 of earnings. With an EPS of ₹31.60, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Nitin Spinners Ltd (NITINSPIN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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