Textiles & Apparels
Valuation | |
|---|---|
| Market Cap | 2.15 kCr |
| Price/Earnings (Trailing) | 12.93 |
| Price/Sales (Trailing) | 0.67 |
| EV/EBITDA | 6.87 |
| Price/Free Cashflow | 6.39 |
| MarketCap/EBT | 9.64 |
| Enterprise Value | 3.07 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 3.2 kCr |
| Rev. Growth (Yr) | -4.5% |
| Earnings (TTM) | 166.55 Cr |
| Earnings Growth (Yr) | -0.80% |
Profitability | |
|---|---|
| Operating Margin | 7% |
| EBT Margin | 7% |
| Return on Equity | 12.16% |
| Return on Assets | 6.56% |
| Free Cashflow Yield | 15.65% |
Growth & Returns | |
|---|---|
| Price Change 1W | 14.3% |
| Price Change 1M | 24.4% |
| Price Change 6M | 9.4% |
| Price Change 1Y | 16.9% |
| 3Y Cumulative Return | 23.4% |
| 5Y Cumulative Return | 36.6% |
| 7Y Cumulative Return | 25.9% |
| 10Y Cumulative Return | 21.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -21.58 Cr |
| Cash Flow from Operations (TTM) | 307.43 Cr |
| Cash Flow from Financing (TTM) | -278.83 Cr |
| Cash & Equivalents | 3 L |
| Free Cash Flow (TTM) | 291.2 Cr |
| Free Cash Flow/Share (TTM) | 51.8 |
Balance Sheet | |
|---|---|
| Total Assets | 2.54 kCr |
| Total Liabilities | 1.17 kCr |
| Shareholder Equity | 1.37 kCr |
| Current Assets | 919.48 Cr |
| Current Liabilities | 491.65 Cr |
| Net PPE | 1.51 kCr |
| Inventory | 436.03 Cr |
| Goodwill | 0.00 |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.36 |
| Debt/Equity | 0.67 |
| Interest Coverage | 1.96 |
| Interest/Cashflow Ops | 4.63 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 3 |
| Dividend Yield | 0.78% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 23.4% return compared to 12.8% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Momentum: Stock price has a strong positive momentum. Stock is up 24.4% in last 30 days.
Smart Money: Smart money is losing interest in the stock.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 23.4% return compared to 12.8% by NIFTY 50.
Balance Sheet: Strong Balance Sheet.
Momentum: Stock price has a strong positive momentum. Stock is up 24.4% in last 30 days.
Smart Money: Smart money is losing interest in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.78% |
| Dividend/Share (TTM) | 3 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 29.63 |
Financial Health | |
|---|---|
| Current Ratio | 1.87 |
| Debt/Equity | 0.67 |
Technical Indicators | |
|---|---|
| RSI (14d) | 73 |
| RSI (5d) | 95.46 |
| RSI (21d) | 73.2 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Sell |
| RSI5 Signal | Sell |
| RSI21 Signal | Sell |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of Nitin Spinners's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Nitin Spinners Limited's management provided a cautiously optimistic outlook during the Q3 FY '26 post-results conference call. They reported a revenue of INR 800.68 crores for Q3 FY '26, reflecting a quarter-on-quarter increase of 5.3% from INR 760.08 crores in Q2 FY '26, despite a year-on-year decline of 4.5% due to weaker demand and lower selling prices. Revenue for the nine months ending December 31, 2025, was INR 2,354 crores, compared to INR 2,464 crores in the same period last year.
EBITDA for Q3 FY '26 was INR 111.54 crores, with a margin of 13.93%, up from INR 99.56 crores in Q2 FY '26 but slightly down from INR 117.16 crores in Q3 FY '25. Profit after tax increased to INR 44.41 crores, a significant jump of 27.7% from the previous quarter but a slight decline from INR 44.78 crores year-on-year.
Management highlighted several forward-looking points:
Overall, management's outlook conveyed confidence in navigating current industry challenges while positioning the company for future growth opportunities.
Understand Nitin Spinners ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| REDIAL TRADING AND INVESTMENT PRIVATE LIMITED | 32.18% |
| SUSHILA DEVI NOLKHA | 13.87% |
| BANDHAN SMALL CAP FUND | 6.3% |
| QUANT MUTUAL FUND QUNAT SMALL CAP FUND | 4.86% |
| NITIN NOLAKHA | 3.29% |
| MAHINDRA MANULIFE MULTI CAP FUND | 3.17% |
| RATAN LAL NOLKHA HUF | 2.96% |
Detailed comparison of Nitin Spinners against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| KPRMILL | K.P.R. Mill | 31.91 kCr | 6.74 kCr | +8.70% | +12.60% | 37.82 | 4.73 | - | - |
| TRIDENT | Trident | 13.01 kCr | 7.01 kCr |
Comprehensive comparison against sector averages
NITINSPIN metrics compared to Textiles
| Category | NITINSPIN | Textiles |
|---|---|---|
| PE | 12.93 | -0.02 |
| PS | 0.67 | 0.19 |
| Growth | -2.1 % | 459.7 % |
Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India and internationally. The company offers yarns, including cotton ring spun carded, cotton ring spun, cotton compact ring spun combed, cotton compact ring spun carded, poly/cotton blended ring spun, multifold ring spun, fancy and core slub, compact fancy slub, compact core spun, S and Z twist, organic, BCI/TBC certified, supima and giza certified, contamination free, zero and eli twist, poly/cotton blended open end yarns, and yarns made out of recycled fibers. It also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique structures, interlock structures, rib structures, and 3 T fleece fabrics; and finished and printed fabrics. The company products are used for in woven and knitted apparel, furnishing fabrics, denims, terry towel, medical fabrics, tea bags, uniform, heath care apparel, hotel apparel, as well as inner, comfort, sports, baby, winter, fashion and image, industrial and protective, and defence wear applications. The company was incorporated in 1992 and is headquartered in Bhilwara, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
NITINSPIN vs Textiles (2021 - 2026)
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Question 1: Can you explain the INR230 crores solar power capex and expected benefits? How much are you currently generating and what will be the captive power from this?
Answer: We're investing INR230 crores in 60 megawatts of solar power capacity. This includes 41 megawatts with a battery backup of 38 megawatt-hours. Currently, we generate 3 crore units annually, and after the investment, our total solar generation capacity will be around 21 crore units per year, covering about 45% of our energy needs. We expect this to save us about INR51 crores annually.
Question 2: What impact will the recent U.S. tariff reduction have on Nitin Spinners quantitatively, especially in terms of revenue?
Answer: The tariff reduction is expected to positively impact our knitted fabric business, which accounts for 3-4% of our exports directly, and indirectly 7-10% through Indian customers. This will allow us to regain competitive edge, potentially increasing demand and improving our margins as we reclaim U.S. market share.
Question 3: Was there any impact on financials from the New Labour Code?
Answer: No, we had already complied with the new Labour Code regulations prior to their implementation. We made necessary adjustments in our policies, ensuring that our operations align with the new requirements. There was no additional financial impact.
Question 4: With the increase in domestic demand, how do you foresee your export and domestic market share evolving?
Answer: We expect stable domestic demand to continue. As exporters recover in the U.S. market, we anticipate a balanced growth in both domestic and export sectors. The domestic market has shown resilience, and we foresee the demand stabilizing, benefiting our overall performance.
Question 5: What is the expected EBITDA margin differential between yarn and finished fabrics?
Answer: We expect a significant margin improvement, with the EBITDA margin for our company projected to improve by 100 to 150 basis points due to the increased value addition in our weaving and finishing operations. This is anticipated as we ramp up our capacity.
Question 6: Given the current expansion in fabric capacity, what revenue are you expecting from this segment?
Answer: From the new fabric capacity, we anticipate generating about INR650 to 700 crores annually, with an additional INR300 to 350 crores from yarn due to our ongoing investments in yarn dye capacity. This project should enhance our overall revenue generation capabilities.
Question 7: Are you considering any inorganic growth opportunities?
Answer: Yes, we are always exploring potential inorganic growth opportunities. However, we have yet to find a suitable fit. We remain open to possibilities that align with our strategic goals as we seek growth prospects.
Question 8: How is the company addressing cotton productivity issues in India?
Answer: We're actively working with industry bodies and government to improve cotton yield. Efforts include advocating for better cotton seed varieties and increased minimum support prices. These initiatives aim to enhance productivity over the next couple of years, ensuring competitiveness in the market.
Feel free to ask if you have any specific questions or need further details!
| DINESH NOLKHA | 2.12% |
| DINESH NOLKHA HUF | 0.64% |
| KRISHNA NOLKHA | 0.48% |
| PRATYUSH NOLAKHA | 0.46% |
| NITIN NOLAKHA HUF | 0.36% |
| RANJEETA NOLAKHA | 0.34% |
| PRASHAM NOLAKHA | 0% |
| ANANYA NOLKHA | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| +4.10% |
| -9.40% |
| 32.32 |
| 1.86 |
| - |
| - |
| SUTLEJTEX | SUTLEJ TEXTILES & INDUSTRIES | 520.81 Cr | 2.58 kCr | +18.10% | -28.70% | -6.45 | 0.2 | - | - |
| 714 |
| 740 |
| 779 |
| 780 |
| 766 |
| Profit Before exceptional items and Tax | 23.9% | 58 | 47 | 55 | 63 | 60 | 57 |
| Total profit before tax | 23.9% | 58 | 47 | 55 | 63 | 60 | 57 |
| Current tax | 27.3% | 15 | 12 | 14 | 15 | 13 | 13 |
| Deferred tax | -127.1% | -0.93 | 0.15 | -0.02 | 1.75 | 1.88 | 2.09 |
| Total tax | 18.2% | 14 | 12 | 14 | 17 | 15 | 15 |
| Total profit (loss) for period | 26.5% | 44 | 35 | 41 | 46 | 45 | 42 |
| Other comp. income net of taxes | -40.7% | 0.62 | 0.73 | -1.6 | 3.27 | -0.88 | 0.41 |
| Total Comprehensive Income | 25.7% | 45 | 36 | 39 | 50 | 44 | 43 |
| Earnings Per Share, Basic | 32.9% | 7.9 | 6.19 | 7.29 | 8.25 | 7.96 | 7.5 |
| Earnings Per Share, Diluted | 32.9% | 7.9 | 6.19 | 7.29 | 8.25 | 7.96 | 7.5 |
High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years