Nitin Spinners Limited

NSE: NITINSPIN · Unclassified

₹655.55-1.14%06 Nov 2026

Ask the data

Instant answers about Nitin Spinners Limited — computed from its filings, no language model

Market cap₹3,686 cr

Current price₹655.55

High / Low₹676 / ₹305

P/E13.9

P/B2.27

Book value₹288.4

ROE16.4%

ROCE12.6%

Debt / equity1.10

Dividend yield0.46%

EPS (TTM)₹47.26

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 8 periods

	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1,243	1,438	1,624	2,692	2,407	2,906	3,306	3,214
EBITDA	178	170	257	652	297	377	471	453
Operating margin	14.3%	11.8%	15.8%	24.2%	12.3%	13.0%	14.3%	14.1%
Interest	29	56	62	55	38	83	90	71
Depreciation	55	81	91	87	87	118	148	148
Profit before tax	97	36	107	506	176	178	237	239
Tax	33	12	38	180	11	46	62	61
Net profit	0	0	69	326	165	132	175	178
EPS ₹	11.43	4.24	12.25	58.01	29.32	23.39	31.20	31.58
Operating cash flow	—	—	—	431	194	163	307	411
Capex	—	—	—	50	87	817	16	60
Dividend paid	—	—	—	17	38	14	14	17
Total assets	—	—	—	—	2,218	2,717	2,732	2,915
Equity	—	—	—	—	1,029	1,146	1,311	1,471

Quarterly performance

last 34 quarters · ₹ crore

showing latest 8 of 34 periods

	JUN '18	SEP '18	DEC '18	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	300	311	318	313	283	373	402	380	219	427	467	512	554	665	705	769	709	506	537	655	617	737	750	801	803	823	839	841	793	760	801	860	875	985
Operating profit	44	45	43	47	38	35	42	54	24	55	74	104	129	177	178	167	109	57	60	71	76	82	103	116	119	115	117	120	111	100	112	130	156	175
Operating margin	14.7%	14.3%	13.4%	14.9%	13.4%	9.4%	10.5%	14.3%	10.7%	13.0%	15.9%	20.4%	23.2%	26.7%	25.3%	21.8%	15.4%	11.3%	11.2%	10.8%	12.3%	11.1%	13.7%	14.5%	14.8%	14.0%	14.0%	14.3%	14.0%	13.1%	13.9%	15.2%	17.8%	17.8%
Other income	1	1	1	1	0	0	1	1	1	0	1	0	0	1	0	1	1	1	0	1	1	0	0	1	1	1	1	1	2	1	1	2	2	2
Interest	7	7	7	8	8	13	13	21	15	15	16	16	14	14	13	14	11	9	7	10	15	15	25	28	27	22	21	21	21	16	17	17	19	20
Depreciation	14	14	14	14	14	21	21	24	23	23	23	22	22	22	22	22	22	22	22	21	23	24	35	36	37	37	37	37	37	37	37	37	38	38
Profit before tax	24	25	22	26	16	1	8	10	-14	18	36	66	93	138	143	132	77	27	31	41	39	43	43	53	57	57	60	63	55	47	58	78	101	119
Tax	8	8	8	8	6	0	2	3	-5	6	13	24	33	50	50	47	11	-2	-0	2	10	11	11	14	15	15	15	17	14	12	14	21	26	30
Net profit	0	0	0	0	0	1	6	0	-9	12	23	43	60	87	93	85	66	29	32	39	29	32	32	39	42	42	45	46	41	35	44	57	75	89
EPS ₹	2.77	2.92	2.56	3.18	1.91	0.14	1.03	1.16	-1.63	2.12	4.13	7.62	10.67	15.54	16.59	15.20	11.66	5.18	5.62	6.85	5.14	5.64	5.65	6.97	7.49	7.50	7.96	8.25	7.29	6.19	7.90	10.20	13.39	15.77
Revenue YoY	—	—	—	—	-5.6%	19.7%	26.5%	21.4%	-22.6%	14.6%	16.0%	34.6%	152.6%	55.7%	51.0%	50.3%	28.0%	-23.9%	-23.8%	-14.9%	-12.9%	45.8%	39.7%	22.3%	30.1%	11.5%	11.8%	5.1%	-1.2%	-7.6%	-4.6%	2.2%	10.3%	29.6%
Profit YoY	—	—	—	—	—	—	—	—	—	1532.9%	300.9%	—	—	633.1%	301.1%	99.4%	9.3%	-66.7%	-66.1%	-54.9%	-55.9%	8.9%	0.5%	1.6%	45.7%	33.0%	41.0%	18.4%	-2.7%	-17.5%	-0.8%	23.7%	83.6%	154.8%

Earlier results (standalone, Sep '07 – Mar '18)

₹ crore · from BSE, before the NSE XBRL filings begin

Nitin Spinners Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 10 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†
Revenue	262	302	411	428	446	489	617	768	934	1,145
Operating profit	26	34	76	45	88	94	100	138	134	155
Operating margin	9.9%	11.3%	18.5%	10.5%	19.7%	19.3%	16.3%	17.9%	14.3%	13.5%
Other income	—	—	—	—	-1	—	4	0	0	2
Interest	24	15	21	21	27	17	23	33	22	30
Depreciation	25	19	24	24	24	25	28	40	42	56
Profit before tax	-51	1	10	0	21	52	54	65	70	71
Tax	-29	0	3	0	7	17	13	21	13	19
Net profit	-22	1	7	0	14	35	41	44	57	52

Quarters

showing latest 8 of 43 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†
Revenue	48	50	58	60	66	67	69	70	72	78	82	87	95	106	123	100	110	107	112	108	110	111	117	117	120	130	122	133	136	160	188	196	190	190	190	194	207	248	285	287	284	287	286
Operating profit	9	9	6	7	7	5	7	8	8	8	10	16	17	22	21	6	7	11	21	18	21	22	27	23	25	24	22	22	21	25	32	38	35	34	31	31	32	34	37	41	33	38	42
Operating margin	18.6%	18.5%	11.1%	12.3%	10.3%	7.4%	10.0%	11.7%	10.6%	10.8%	12.1%	17.9%	18.1%	21.1%	16.9%	5.7%	6.1%	10.7%	19.0%	17.0%	18.8%	19.6%	23.2%	19.8%	20.8%	18.8%	17.9%	16.9%	15.3%	15.9%	16.8%	19.2%	18.3%	17.8%	16.3%	16.0%	15.5%	13.6%	13.1%	14.4%	11.8%	13.3%	14.6%
Other income	0	0	—	—	0	1	0	0	—	0	-0	—	—	-0	0	0	0	—	—	-0	0	-1	-0	—	-0	-0	0	1	1	1	1	0	0	0	0	0	0	0	0	0	1	1	0
Interest	3	3	5	5	6	7	6	4	4	3	4	6	5	5	5	6	5	5	5	7	7	7	6	5	5	4	4	5	5	6	7	10	9	9	6	6	5	5	6	8	7	7	7
Depreciation	6	6	5	6	7	7	4	4	5	5	5	6	6	6	5	6	6	6	6	6	6	6	6	6	6	6	6	6	6	7	9	10	10	10	10	10	10	10	12	14	14	14	14
Profit before tax	0	0	-3	-12	-10	-10	-19	-0	-1	0	1	4	6	12	-11	-6	-5	0	10	5	7	8	0	12	14	14	12	12	11	14	17	18	16	15	16	15	17	19	19	19	13	18	22
Tax	0	0	2	-4	-3	-4	-18	-0	-0	0	0	1	2	4	-4	-2	-1	0	3	2	2	3	0	4	5	5	3	3	1	4	5	6	6	5	4	3	3	3	3	7	4	1	7
Net profit	0	0	-5	-8	-7	-7	-1	-0	-0	0	1	2	4	8	-7	-4	-3	0	7	4	5	5	0	8	9	9	9	9	9	10	12	12	10	11	11	12	14	15	16	13	8	17	15
EPS ₹	0.01	0.07	-0.77	-1.95	-1.61	-1.61	-0.25	-0.01	-0.01	0.08	0.17	0.51	0.83	1.68	-1.56	-0.08	-0.67	0.04	1.54	0.79	1.08	1.19	0.02	1.76	1.98	1.98	1.87	1.91	2.05	2.29	2.69	2.57	2.26	2.33	2.48	2.67	3.06	3.31	3.43	2.76	1.81	3.26	2.63
Revenue YoY	—	—	—	—	38.1%	33.3%	18.8%	16.2%	9.5%	16.0%	18.7%	24.8%	30.7%	36.5%	50.2%	14.5%	15.9%	0.3%	-8.5%	7.9%	0.5%	4.4%	4.2%	8.8%	8.7%	16.6%	4.2%	13.3%	13.4%	23.3%	54.3%	48.1%	39.9%	19.0%	1.2%	-1.4%	8.8%	30.3%	49.8%	48.3%	37.5%	15.7%	0.4%
Profit YoY	—	—	—	—	-11016.7%	-2290.0%	—	—	—	—	—	—	—	2170.6%	-995.0%	-263.8%	-181.2%	-97.7%	—	—	—	2933.3%	-98.6%	122.0%	82.7%	66.3%	8490.0%	8.8%	3.6%	15.6%	43.3%	34.3%	10.1%	1.6%	-7.6%	3.7%	35.9%	42.2%	38.3%	4.2%	-40.9%	10.5%	-7.2%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 31 periods

	MAR '19	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	28.6%	22.2%	16.0%	12.5%	12.2%	12.2%	11.5%	12.6%	12.7%	13.8%	13.4%	13.3%	12.2%	12.2%	12.1%	14.4%	16.4%
ROCE	—	—	—	—	—	—	—	—	—	—	—	—	—	—	27.9%	20.2%	10.6%	8.9%	8.8%	10.1%	10.5%	11.7%	13.0%	13.5%	13.2%	12.9%	13.3%	13.1%	11.9%	13.6%	12.6%
Net margin	0.0%	0.0%	0.1%	0.5%	0.5%	-0.2%	0.6%	1.7%	4.2%	7.0%	9.7%	11.6%	12.1%	11.6%	10.2%	8.4%	6.8%	5.5%	5.1%	4.7%	4.5%	4.7%	4.9%	5.2%	5.3%	5.3%	5.2%	5.2%	5.5%	6.4%	7.5%
EBITDA margin	14.3%	14.0%	12.6%	11.8%	11.8%	11.3%	12.3%	13.9%	15.8%	18.5%	22.1%	24.2%	24.2%	22.2%	19.0%	15.6%	12.3%	11.4%	11.4%	12.0%	13.0%	13.6%	14.3%	14.3%	14.3%	14.1%	13.9%	13.9%	14.1%	15.1%	16.3%
Debt / equity	—	—	—	—	—	—	—	—	—	—	—	—	—	—	0.60	0.60	0.95	0.95	1.13	1.13	1.17	1.17	0.97	0.97	0.89	0.89	0.67	0.67	0.76	0.76	1.10
Interest coverage	4.37	3.99	2.82	2.21	1.64	1.09	1.35	1.75	2.73	4.54	6.56	8.70	10.15	10.22	9.00	7.46	5.67	4.35	4.20	3.52	3.13	3.06	3.07	3.34	3.62	3.77	3.84	3.96	4.37	5.11	5.88
Asset turnover	—	—	—	—	—	—	—	—	—	—	—	—	—	—	1.54	1.45	1.09	1.04	1.00	1.09	1.07	1.14	1.20	1.23	1.21	1.21	1.27	1.26	1.10	1.13	0.94

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	56	56	56	56	56	56	56	56	56
Other equity / reserves	899	973	1,018	1,090	1,161	1,255	1,313	1,415	1,565
Total equity	955	1,029	1,074	1,146	1,218	1,311	1,369	1,471	1,622
Borrowings	577	980	1,216	1,339	1,180	1,165	915	1,124	1,780
Current liabilities	300	530	497	642	586	657	492	750	779
Non-current liabilities	486	659	969	928	848	764	677	694	1,341
Total assets	1,742	2,218	2,541	2,717	2,652	2,732	2,537	2,915	3,741
Property, plant & equipment	968	1,010	1,587	1,708	1,647	1,577	1,506	1,489	1,439
Capital work-in-progress	51	340	156	2	0	7	36	102	915
Investments	0	0	0	0	0	0	17	17	26
Inventories	356	492	373	564	423	607	436	608	493
Receivables	221	223	288	321	462	430	390	432	604
Cash & equivalents	8	0	0	0	10	7	0	3	0

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	431	194	163	307	411
Cash from investing	-86	-433	-426	-22	-287
Cash from financing	-345	239	262	-279	-128
Capex	50	87	817	16	60
Free cash flow	381	107	-653	291	350
Dividends paid	17	38	14	14	17

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹1,439 cr38%

CWIP

₹915 cr24%

Investments

₹26 cr1%

Inventories

₹493 cr13%

Receivables

₹604 cr16%

Cash & equivalents

₹0 cr0%

Other assets

₹265 cr7%

Peer comparison

largest in Unclassified · this company in bold

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Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Nitin Spinners Limited	3,686	655.55	13.9	2.27	16.4%

StoxGud checklist: Bullish setup · 8/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+6.5%

6 months+33.0%

1 year+95.7%

3Y CAGR+31.4%

5Y CAGR+19.6%

10Y CAGR+24.5%

50-day avg₹627.67

200-day avg₹501.54

RSI (14)51

FAQs

What is the share price of Nitin Spinners Limited?

Nitin Spinners Limited (NITINSPIN) closed at ₹655.55 on NSE on 06 Nov 2026.

What is the market cap of Nitin Spinners Limited?

₹3,686 crore at the latest close.

What is the P/E ratio of Nitin Spinners Limited?

13.9, on trailing-twelve-month earnings from its filings.

How fast is Nitin Spinners Limited growing?

Nitin Spinners Limited: revenue has compounded at 10.1% a year over three years; net profit at 2.5% a year. Latest-quarter revenue is up 29.6% year on year, profit up 154.8%.

How profitable is Nitin Spinners Limited?

On a trailing-twelve-month basis return on equity is 16.4%, return on capital employed 12.6%, operating margin 16.3%, net margin 7.5%.

How much debt does Nitin Spinners Limited have?

Nitin Spinners Limited is moderately geared: debt to equity is 1.10 with borrowings of ₹1,780 cr against cash of ₹0 cr (balance sheet of 2026-09-30). Operating profit covers interest 5.9 times.

Financials parsed from Nitin Spinners Limited's own XBRL filings to NSE (standalone), ₹ crore unless marked. Quarterly from JUN '18, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.