Trading IdeasFundamentals

Nitin Spinners Limited

NSE: NITINSPIN · Other Textile Products · sector

₹609.15NSE close 2026-10-26

Key numbers

Market cap₹3,425 cr
Price₹609.15
52w high / low₹667 / ₹302
P/E16.2xSector median 13.7x
P/B2.3xSector median 1.1x
Book value₹261.6
Dividend yield0.49%Sector median 0.51%
ROE15.2%Sector median 5.4%
ROCE13.6%Sector median 7.5%
OPM15.1%Sector median 6.6%
Debt / equity0.76xSector median 0.43x
EV/EBITDA9.1xSector median 9.6x
Interest cover5.1x
Current ratio1.53x
Sales growth 3y+10.1%Sector median +0.6%
Profit growth 3y+2.5%Sector median +1.1%
PEG6.45x

Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 222 companies in Other Textile Products (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹653.85 · low ₹302.45
Sep 2024Apr 2025Oct 2025Apr 2026

Quarterly results

₹ crSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue823839841793760801860875
EBITDA115117120111100112130156
OPM %14.0%14.0%14.3%14.0%13.1%13.9%15.2%17.8%
Other income11121122
Net profit4245464135445775
EPS (₹)7.507.968.257.296.197.9010.2013.39
Revenue YoY-7.6%-4.6%+2.2%+10.3%
Profit YoY-17.5%-0.8%+23.7%+83.6%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ crFY22FY23FY24FY25FY26TTM
Revenue2,6922,4072,9063,3063,2143,296
EBITDA647297377471453497
Net profit326165132175178212
EPS (₹)58.0129.3223.3931.2031.5837.68
Revenue growth-10.6%+20.7%+13.8%-2.8%-0.0%
Profit growth-49.5%-20.2%+33.4%+1.2%+21.5%
Dividend / share (₹)3.002.502.502.503.00
Compounded growth3 years5 yearsLast 12 months
Sales+10.1%+14.6%0.0%
Net profit+2.5%+20.9%+21.5%
EPS+2.5%+20.9%–
Share price–+22.9% (2y)+92.0%

Balance sheet

₹ crFY22FY23FY24FY25FY26
Shareholders' equity–1,0291,1461,3111,471
Borrowings–9801,3391,1651,124
Cash & equivalents–00109
Total assets–2,2182,7172,7322,915
Fixed assets–1,0101,7081,5771,489
Capital work in progress–34027102
Investments–0000
Receivables–223321430432
Inventory–492564607608
Payables–527489102

Year-end figures from the March annual filing.

Cash flow

₹ crFY22FY23FY24FY25FY26
Cash from operations431194163307411
Cash from investing-86-433-426-22-287
Cash from financing-345239262-279-128
Capex50878171660
Free cash flow381107-653291350

Free cash flow = cash from operations − capex.

Ratios by year

₹ crFY22FY23FY24FY25FY26
ROE %–16.0%11.5%13.4%12.1%
ROCE %–10.6%10.5%13.2%11.9%
Debtor days–34404749
Inventory days–110108105110
Payable days–12141518
Cash conversion cycle (days)–132134137141
Working capital days–40435245

Shareholding

Holder% (2026-09-30)
Promoters56.71%
FIIs1.95%
DIIs14.77%
of which Mutual funds14.57%
Public (non-institutions)26.56%
QuarterDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters %56.50%56.62%56.62%56.62%56.71%56.71%56.71%56.71%
Promoter group%
Redial Trading and Investment Private Limited32.18%
Sushila Devi Nolkha13.87%
Nitin Nolakha3.29%
Ratan LAL Nolkha HUF2.96%
Dinesh Nolkha2.12%
Dinesh Nolkha HUF0.64%
Krishna Nolkha0.48%
Pratyush Nolakha0.46%
Nitin Nolakha HUF0.36%
Ranjeeta Nolakha0.34%
Prasham Nolakha0.00%
Ananya Nolkha0.00%
Public holders above 1%%
Bandhan Small CAP Fund5.30%
Quant Mutual Fund - Quant Small CAP Fund4.86%
Mahindra Manulife Small CAP Fund3.61%

31,580 shareholders. Pledged: 0.00% of promoter shares.

Peers in Other Textile Products

CompanyMarket capP/EP/BROEROCEOPMSales 3yDiv yield
SHRMFGC₹77,110 cr–––––––
SIYSIL₹43,629 cr184.0x29.9x17.3%19.4%12.6%+4.8%0.12%
KPRMILL₹34,532 cr37.9x6.1x17.1%19.8%19.5%+2.4%0.50%
WELSPUNLIV₹19,740 cr71.8x4.0x5.7%8.0%8.7%+5.1%1.06%
VTL₹14,110 cr16.6x1.3x8.3%9.2%13.6%-0.9%1.04%
TRIDENT₹10,513 cr26.4x2.2x8.4%10.0%12.9%+1.9%2.41%
ICIL₹7,906 cr52.4x3.4x6.5%9.8%9.7%+11.2%0.50%
GARFIBRES₹7,048 cr34.0x5.2x14.6%21.4%17.7%+5.4%1.33%
KUSUMGAR₹5,714 cr–––––––
NITINSPIN₹3,425 cr16.2x2.3x15.2%13.6%15.1%+10.1%0.49%

All 222 companies in Other Textile Products →

Dividends & corporate actions

Ex-dateActionDetail
2026-09-11DividendDividend - Rs 3 Per Share
2025-08-29DividendDividend - Rs 3 Per Share
2024-09-09DividendAnnual General Meeting/Dividend - Rs 2.50 Per Sh
2023-09-11DividendAnnual General Meeting/Dividend - Rs 2.50 Per Share
2022-09-07DividendAnnual General Meeting/Dividend - Rs 2.50 Per Sh
2022-02-10DividendInterim Dividend - Rs 1.50 Per Share
2021-09-08DividendAnnual General Meeting/Dividend - Rs 1.50 Per Share
2020-09-08DividendAnnual General Meeting/Dividend - Rs 0.60 Per Share
2019-09-12DividendAnnual General Meeting/Dividend - Rs 1.25 Per Share
2018-09-12DividendAnnual General Meeting/Dividend Rs 1.2 Per Share
2017-08-24DividendAnnual General Meeting/Dividend - Rs 1.20 Per Share
2016-09-15DividendAnnual General Meeting/Dividend - Re 1/- Per Share
2015-09-15DividendAnnual General Meeting/ Dividend - Re 1/- Per Share
2014-09-02DividendAnnual General Meeting / Dividend - Re 0.75/- Per Share
2013-09-06OtherAnnual General Meeting
2012-09-17OtherAnnual General Meeting
2011-09-08OtherAnnual General Meeting
2010-09-16OtherAnnual General Meeting
2009-09-17OtherAnnual General Meeting
2008-09-11OtherAnnual General Meeting

Documents

Links go to the original files on the exchange website.

About the company

SectorConsumer Discretionary
IndustryOther Textile Products
Sub-industryOther Textile Products
SymbolNITINSPIN
BSE code532698
ISININE229H01012
Face value₹10.0
Incorporated1992-12-15
Websitewww.nitinspinners.com
Plants (India / abroad)2 / 0

From the company's filings (BRSR FY26).

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.