Nitin Spinners Limited share price
NSE: NITINSPIN · ISIN INE229H01012
Key numbers
- Market cap
- ₹ 3,443 Cr
- Current price
- ₹ 612.35
- 52-week high / low
- ₹ 666 / 302
- Stock P/E
- 16.3
- Book value
- ₹ 261.5
- Dividend yield
- 0.49%
- ROCE
- 11.9%
- ROE
- 12.8%
- Debt to equity
- 0.76
- Sales growth (3 yrs)
- 10.2%
- Profit growth (3 yrs)
- 2.5%
- 1-year return
- 77.4%
About Nitin Spinners Limited
Nitin Spinners Limited manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally. The company offers yarn products comprising cotton and poly/cotton blended, ring spun combed and carded, open end, compact, slub, core spun, multifold, twist, gassed, contamination free, and dye-able cheese/cones yarns, as well as yarn products made from Supima Giza, Organic, BCI cotton, and recycled fibres; and yarns with count range 6 to 100s. Its yarn products are used in woven and knitted apparel, tea bags, furnishing and medical fabrics, denims, and terry tow applications. The company also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique and interlock structures, rib structures, 2T and 3T fleece fabrics, and open width with elastene for use in inner and comfort wear, sportswear, winterwear, and babywear applications. In addition, it offers finished and printed woven fabrics, including cotton spandex, poly/cotton spandex, RFD, bleached, dyed, print and yarn dyed, cotton viscose, and viscose and rayon fabrics; special finishes, such as teflon, wrinkle free, water repellant, nano care, soil release,…
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 793 | 760 | 801 | 860 | 875 |
| Operating profit | 111 | 100 | 112 | 130 | 156 |
| Net profit | 41 | 35 | 44 | 57 | 75 |
| EPS (₹) | 7.29 | 6.19 | 7.90 | 10.20 | 13.39 |
Concall summary (2026-08-13)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- EBITDA margin for this quarter stood at 17.78% against Q1 FY26 margins of 14.02% is an increase of 376 bps on a year-on-year basis and 261 bps on quarter-on-quarter basis.
- In FY27, our spinning capacity was operating at 98% utilization and woven fabric over 92% utilization.
Growth & demand
- Revenue for Q1 stood at INR875 crores, which is a growth of 10.3% on a year-on-year basis and 1.8% on a quarter-on-quarter basis.
- EBITDA before other income for the quarter stood at INR155.6 crores, which is a growth of 39.85% on year-on-year basis and 19.3% on quarter-on- basis.
Margins & costs
- Coming to the company's performance, we are pleased to announce our highest ever quarterly revenue for the second consecutive quarter at about INR875 crores, driven by improved yarn realizations with better demand environment and optimum capacity utilization.
- So, we can see there is a 39.8% growth in EBITDA and margins have grown from 14% to 17.78% which is a 376 bps incremental EBITDA.
Capex & expansion
- Going forward, our -- one of our future growth driver will be our capacity addition, which is going -- progressing as schedule with the expansion of our fabric capacity by another 35 million meters and spinning capacity by additional 74,000 spindles.
- Sir, we are adding a 35 million meters of capacity in our finishing division.
Balance sheet & cash
- So it would not be some it would not be prudent for us to go for buyback at this point of time.
Peers in Textile Manufacturing
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