Nitin Spinners Ltd.
•₹ 588.450.41%
2026-08-21
PROS
- Company has delivered good profit growth of 49.1% CAGR over last 5 years
- Latest quarter profit grew 83.6% YoY, showing strong momentum
- Company has delivered good sales growth of 18.1% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.41x)
- Company has a consistent dividend-paying track record
CONS
- Receivables are growing faster than sales - a possible quality concern
- Operating margins have contracted to 14.3% from 24.3%
- Growth is decelerating - 3Y profit CAGR (-18.7%) trails the 5Y trend (49.1%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TRIDENT | 24.59 | 31.70 | 12530.95 | 2.03 | 158.09 | 12.95 | 1786.83 | 4.68 | 9.95 | 16.79 |
| 2. | SANATHAN | 446.75 | 62.08 | 3770.75 | 0.00 | 23.82 | -41.08 | 1334.74 | 79.08 | 7.09 | 8.10 |
| 3. | FILATEX | 83.25 | 19.34 | 3696.79 | 0.36 | 48.52 | 19.33 | 1145.30 | 9.14 | 15.90 | 6.85 |
| 4. | NITINSPIN | 582.90 | 0.00 | 3277.06 | 0.51 | 75.27 | 83.62 | 875.03 | 10.30 | 13.19 | 17.78 |
| 5. | PASHUPATI | 86.82 | 87.56 | 1370.37 | 0.00 | 7.25 | 276.04 | 130.01 | 9.71 | 11.31 | 9.49 |
| 6. | GHCLTEXTIL | 126.35 | 0.00 | 1207.73 | 0.47 | 39.35 | 191.05 | 408.94 | 52.73 | 6.30 | 16.90 |
| 7. | NAHARSPING | 299.10 | 0.00 | 1078.71 | 0.33 | 69.88 | 337.83 | 966.10 | 17.92 | 3.83 | 13.16 |
| 8. | AMBIKCO | 1643.45 | 0.00 | 940.88 | 2.25 | 257.00 | 1514.32 | 2579.20 | 1243.47 | 11.47 | 15.28 |
| 9. | SUMEETINDS | 12.78 | 32.24 | 887.89 | 0.00 | 1.14 | -85.69 | 272.36 | 9.61 | 65.12 | 3.11 |
| 10. | PRECOT | 721.60 | 16.93 | 865.92 | 0.55 | 26.61 | 135.43 | 245.73 | 24.78 | 11.19 | 20.16 |
| 11. | RAJPALAYAM | 818.45 | 6.10 | 754.63 | 0.06 | 17.55 | -78.38 | 261.28 | 38.56 | 1.84 | 20.71 |
| 12. | NAHARINDUS | 117.80 | 7.05 | 508.96 | 0.00 | 24.98 | 510.49 | 316.53 | -18.34 | 4.49 | 9.14 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 617 | 737 | 750 | 801 | 803 | 823 | 839 | 841 | 793 | 760 | 801 | 860 | 875 | |
| 541 | 655 | 648 | 684 | 684 | 707 | 722 | 721 | 682 | 661 | 689 | 729 | 776 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 2 | 2 |
| Interest | 15 | 15 | 25 | 28 | 27 | 22 | 21 | 21 | 21 | 16 | 17 | 17 | 19 |
| Depreciation | 23 | 24 | 35 | 36 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 37 | 38 |
| 39 | 43 | 43 | 53 | 57 | 57 | 60 | 63 | 55 | 47 | 58 | 78 | 101 | |
| Tax % | 25.82% | 25.76% | 26.32% | 25.79% | 26.00% | 26.01% | 25.20% | 26.59% | 25.65% | 25.76% | 23.92% | 26.85% | 25.46% |
| Net Profit | 29 | 32 | 32 | 39 | 42 | 42 | 45 | 46 | 41 | 35 | 44 | 57 | 75 |
| 5 | 6 | 6 | 7 | 7 | 8 | 8 | 8 | 7 | 6 | 8 | 10 | 1 | |
| Equity Capital | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 617
- 541
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 15
- Depreciation
- 23
- 39
- Tax %
- 25.82%
- Net Profit
- 29
- 5
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 737
- 655
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 15
- Depreciation
- 24
- 43
- Tax %
- 25.76%
- Net Profit
- 32
- 6
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 750
- 648
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 25
- Depreciation
- 35
- 43
- Tax %
- 26.32%
- Net Profit
- 32
- 6
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 801
- 684
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 28
- Depreciation
- 36
- 53
- Tax %
- 25.79%
- Net Profit
- 39
- 7
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 803
- 684
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 27
- Depreciation
- 37
- 57
- Tax %
- 26.00%
- Net Profit
- 42
- 7
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 823
- 707
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 22
- Depreciation
- 37
- 57
- Tax %
- 26.01%
- Net Profit
- 42
- 8
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 839
- 722
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 21
- Depreciation
- 37
- 60
- Tax %
- 25.20%
- Net Profit
- 45
- 8
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 841
- 721
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 21
- Depreciation
- 37
- 63
- Tax %
- 26.59%
- Net Profit
- 46
- 8
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 793
- 682
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 21
- Depreciation
- 37
- 55
- Tax %
- 25.65%
- Net Profit
- 41
- 7
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 760
- 661
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 16
- Depreciation
- 37
- 47
- Tax %
- 25.76%
- Net Profit
- 35
- 6
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 801
- 689
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 17
- Depreciation
- 37
- 58
- Tax %
- 23.92%
- Net Profit
- 44
- 8
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 860
- 729
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 17
- Depreciation
- 37
- 78
- Tax %
- 26.85%
- Net Profit
- 57
- 10
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 875
- 776
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 19
- Depreciation
- 38
- 101
- Tax %
- 25.46%
- Net Profit
- 75
- 1
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 56
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 767 | 933 | 1,145 | 1,243 | 1,438 | 1,624 | 2,692 | 2,407 | 2,906 | 3,306 | 3,296 | |
| 630 | 800 | 990 | 1,064 | 1,268 | 1,367 | 2,041 | 2,110 | 2,529 | 2,834 | 2,856 | |
| Operating Profit | 138 | 134 | 157 | 181 | 172 | 259 | 653 | 300 | 379 | 475 | — |
| OPM % | 18 | 14 | 14 | 15 | 12 | 16 | 24 | 12 | 13 | 14 | — |
| Other Income | 1 | 1 | 2 | 3 | 2 | 2 | 2 | 3 | 2 | 4 | 6 |
| Interest | 33 | 22 | 30 | 29 | 56 | 62 | 55 | 38 | 83 | 90 | 69 |
| Depreciation | 40 | 42 | 56 | 55 | 81 | 91 | 87 | 87 | 118 | 148 | 149 |
| 65 | 70 | 71 | 97 | 36 | 107 | 506 | 176 | 178 | 237 | 285 | |
| Tax % | 32 | 18 | 27 | 34 | 33 | 35 | 36 | 6 | 26 | 26 | 26 |
| Net Profit | 44 | 57 | 52 | 64 | 24 | 69 | 326 | 165 | 132 | 175 | 212 |
| EPS | 10 | 13 | 11 | 11 | 4 | 12 | 58 | 29 | 23 | 31 | — |
| Dividend Payout % | 10 | 10 | 13 | 11 | 14 | 12 | 7 | 9 | 11 | 10 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 10 | 13 | 9 | 11 | 4 | 12 | 58 | 29 | 23 | 31 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 10 | 13 | 9 | 11 | 4 | 12 | 58 | 29 | 23 | 31 | — |
Mar 2016
- 767
- 630
- Operating Profit
- 138
- OPM %
- 18
- Other Income
- 1
- Interest
- 33
- Depreciation
- 40
- 65
- Tax %
- 32
- Net Profit
- 44
- EPS
- 10
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 10
Mar 2017
- 933
- 800
- Operating Profit
- 134
- OPM %
- 14
- Other Income
- 1
- Interest
- 22
- Depreciation
- 42
- 70
- Tax %
- 18
- Net Profit
- 57
- EPS
- 13
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 13
Mar 2018
- 1,145
- 990
- Operating Profit
- 157
- OPM %
- 14
- Other Income
- 2
- Interest
- 30
- Depreciation
- 56
- 71
- Tax %
- 27
- Net Profit
- 52
- EPS
- 11
- Dividend Payout %
- 13
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 9
Mar 2019
- 1,243
- 1,064
- Operating Profit
- 181
- OPM %
- 15
- Other Income
- 3
- Interest
- 29
- Depreciation
- 55
- 97
- Tax %
- 34
- Net Profit
- 64
- EPS
- 11
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2020
- 1,438
- 1,268
- Operating Profit
- 172
- OPM %
- 12
- Other Income
- 2
- Interest
- 56
- Depreciation
- 81
- 36
- Tax %
- 33
- Net Profit
- 24
- EPS
- 4
- Dividend Payout %
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
Mar 2021
- 1,624
- 1,367
- Operating Profit
- 259
- OPM %
- 16
- Other Income
- 2
- Interest
- 62
- Depreciation
- 91
- 107
- Tax %
- 35
- Net Profit
- 69
- EPS
- 12
- Dividend Payout %
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2022
- 2,692
- 2,041
- Operating Profit
- 653
- OPM %
- 24
- Other Income
- 2
- Interest
- 55
- Depreciation
- 87
- 506
- Tax %
- 36
- Net Profit
- 326
- EPS
- 58
- Dividend Payout %
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
Mar 2023
- 2,407
- 2,110
- Operating Profit
- 300
- OPM %
- 12
- Other Income
- 3
- Interest
- 38
- Depreciation
- 87
- 176
- Tax %
- 6
- Net Profit
- 165
- EPS
- 29
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 29
Mar 2024
- 2,906
- 2,529
- Operating Profit
- 379
- OPM %
- 13
- Other Income
- 2
- Interest
- 83
- Depreciation
- 118
- 178
- Tax %
- 26
- Net Profit
- 132
- EPS
- 23
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2025
- 3,306
- 2,834
- Operating Profit
- 475
- OPM %
- 14
- Other Income
- 4
- Interest
- 90
- Depreciation
- 148
- 237
- Tax %
- 26
- Net Profit
- 175
- EPS
- 31
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 31
TTM
- 3,296
- 2,856
- Operating Profit
- —
- OPM %
- —
- Other Income
- 6
- Interest
- 69
- Depreciation
- 149
- 285
- Tax %
- 26
- Net Profit
- 212
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 18%
- 5 Years:
- 18%
- 3 Years:
- 7%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 16%
- 5 Years:
- 49%
- 3 Years:
- -19%
STOCK PRICE CAGR
- 10 Years:
- 24%
- 5 Years:
- 23%
- 3 Years:
- 32%
- 1 Year:
- 65%
RETURN ON EQUITY
- 10 Years:
- 18%
- 5 Years:
- 20%
- 3 Years:
- 15%
- Last Year:
- 14%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 46 | 46 | 56 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
| 160 | 218 | 361 | 426 | 438 | 507 | 820 | 973 | 1,090 | 1,255 | |
| 111 | 179 | 139 | 242 | 364 | 398 | 281 | 419 | 383 | 354 | |
| Trade Payables | 13 | 18 | 26 | 35 | 41 | 55 | 82 | 52 | 74 | 89 |
| 305 | 424 | 348 | 677 | 746 | 660 | 585 | 718 | 1,113 | 978 | |
| Total Liabilities | 635 | 885 | 929 | 1,436 | 1,645 | 1,676 | 1,824 | 2,218 | 2,717 | 2,732 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 382 | 613 | 570 | 524 | 1,140 | 1,060 | 1,012 | 1,011 | 1,709 | 1,577 | |
| Capital Work in Progress | 17 | 0 | 4 | 468 | 0 | 2 | 0 | 340 | 2 | 7 |
| 115 | 170 | 205 | 228 | 265 | 355 | 406 | 492 | 564 | 607 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 321 | 430 | |
| Cash & Bank | 1 | 1 | 0 | 3 | 0 | 1 | 1 | 0 | 0 | 10 |
| 121 | 100 | 149 | 214 | 241 | 259 | 406 | 374 | 120 | 102 | |
| Total Assets | 635 | 885 | 929 | 1,436 | 1,645 | 1,676 | 1,824 | 2,218 | 2,717 | 2,732 |
| Total Debt | 352 | 568 | 449 | 860 | 1,040 | 962 | 689 | 980 | 1,339 | 1,165 |
| Net Working Capital | 65 | 58 | 171 | 128 | 64 | 127 | 343 | 266 | 345 | 469 |
| Contingent Liabilities | 69 | 77 | 72 | 92 | 57 | 108 | 224 | 151 | 174 | 123 |
| Book Value per Share | 44.87 | 57.66 | 75.03 | 85.83 | 87.87 | 100.20 | 155.78 | 183.01 | 203.90 | 233.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 352 | 568 | 449 | 860 | 1,040 | 962 | 689 | 980 | 1,339 | 1,165 |
| Net Working Capital | 65 | 58 | 171 | 128 | 64 | 127 | 343 | 266 | 345 | 469 |
| Contingent Liabilities | 69 | 77 | 72 | 92 | 57 | 108 | 224 | 151 | 174 | 123 |
| Book Value per Share | 44.87 | 57.66 | 75.03 | 85.83 | 87.87 | 100.20 | 155.78 | 183.01 | 203.90 | 233.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 46
- 160
- 111
- Trade Payables
- 13
- 305
- Total Liabilities
- 635
- 382
- Capital Work in Progress
- 17
- 115
- 0
- Cash & Bank
- 1
- 121
- Total Assets
- 635
- Total Debt
- 352
- Net Working Capital
- 65
- Contingent Liabilities
- 69
- Book Value per Share
- 44.87
- Face Value
- 10.00
- Total Debt
- 352
- Net Working Capital
- 65
- Contingent Liabilities
- 69
- Book Value per Share
- 44.87
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 46
- 218
- 179
- Trade Payables
- 18
- 424
- Total Liabilities
- 885
- 613
- Capital Work in Progress
- 0
- 170
- 0
- Cash & Bank
- 1
- 100
- Total Assets
- 885
- Total Debt
- 568
- Net Working Capital
- 58
- Contingent Liabilities
- 77
- Book Value per Share
- 57.66
- Face Value
- 10.00
- Total Debt
- 568
- Net Working Capital
- 58
- Contingent Liabilities
- 77
- Book Value per Share
- 57.66
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 56
- 361
- 139
- Trade Payables
- 26
- 348
- Total Liabilities
- 929
- 570
- Capital Work in Progress
- 4
- 205
- 0
- Cash & Bank
- 0
- 149
- Total Assets
- 929
- Total Debt
- 449
- Net Working Capital
- 171
- Contingent Liabilities
- 72
- Book Value per Share
- 75.03
- Face Value
- 10.00
- Total Debt
- 449
- Net Working Capital
- 171
- Contingent Liabilities
- 72
- Book Value per Share
- 75.03
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 56
- 426
- 242
- Trade Payables
- 35
- 677
- Total Liabilities
- 1,436
- 524
- Capital Work in Progress
- 468
- 228
- 0
- Cash & Bank
- 3
- 214
- Total Assets
- 1,436
- Total Debt
- 860
- Net Working Capital
- 128
- Contingent Liabilities
- 92
- Book Value per Share
- 85.83
- Face Value
- 10.00
- Total Debt
- 860
- Net Working Capital
- 128
- Contingent Liabilities
- 92
- Book Value per Share
- 85.83
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 56
- 438
- 364
- Trade Payables
- 41
- 746
- Total Liabilities
- 1,645
- 1,140
- Capital Work in Progress
- 0
- 265
- 0
- Cash & Bank
- 0
- 241
- Total Assets
- 1,645
- Total Debt
- 1,040
- Net Working Capital
- 64
- Contingent Liabilities
- 57
- Book Value per Share
- 87.87
- Face Value
- 10.00
- Total Debt
- 1,040
- Net Working Capital
- 64
- Contingent Liabilities
- 57
- Book Value per Share
- 87.87
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 56
- 507
- 398
- Trade Payables
- 55
- 660
- Total Liabilities
- 1,676
- 1,060
- Capital Work in Progress
- 2
- 355
- 0
- Cash & Bank
- 1
- 259
- Total Assets
- 1,676
- Total Debt
- 962
- Net Working Capital
- 127
- Contingent Liabilities
- 108
- Book Value per Share
- 100.20
- Face Value
- 10.00
- Total Debt
- 962
- Net Working Capital
- 127
- Contingent Liabilities
- 108
- Book Value per Share
- 100.20
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 56
- 820
- 281
- Trade Payables
- 82
- 585
- Total Liabilities
- 1,824
- 1,012
- Capital Work in Progress
- 0
- 406
- 0
- Cash & Bank
- 1
- 406
- Total Assets
- 1,824
- Total Debt
- 689
- Net Working Capital
- 343
- Contingent Liabilities
- 224
- Book Value per Share
- 155.78
- Face Value
- 10.00
- Total Debt
- 689
- Net Working Capital
- 343
- Contingent Liabilities
- 224
- Book Value per Share
- 155.78
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 56
- 973
- 419
- Trade Payables
- 52
- 718
- Total Liabilities
- 2,218
- 1,011
- Capital Work in Progress
- 340
- 492
- 0
- Cash & Bank
- 0
- 374
- Total Assets
- 2,218
- Total Debt
- 980
- Net Working Capital
- 266
- Contingent Liabilities
- 151
- Book Value per Share
- 183.01
- Face Value
- 10.00
- Total Debt
- 980
- Net Working Capital
- 266
- Contingent Liabilities
- 151
- Book Value per Share
- 183.01
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 56
- 1,090
- 383
- Trade Payables
- 74
- 1,113
- Total Liabilities
- 2,717
- 1,709
- Capital Work in Progress
- 2
- 564
- 321
- Cash & Bank
- 0
- 120
- Total Assets
- 2,717
- Total Debt
- 1,339
- Net Working Capital
- 345
- Contingent Liabilities
- 174
- Book Value per Share
- 203.90
- Face Value
- 10.00
- Total Debt
- 1,339
- Net Working Capital
- 345
- Contingent Liabilities
- 174
- Book Value per Share
- 203.90
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 56
- 1,255
- 354
- Trade Payables
- 89
- 978
- Total Liabilities
- 2,732
- 1,577
- Capital Work in Progress
- 7
- 607
- 430
- Cash & Bank
- 10
- 102
- Total Assets
- 2,732
- Total Debt
- 1,165
- Net Working Capital
- 469
- Contingent Liabilities
- 123
- Book Value per Share
- 233.23
- Face Value
- 10.00
- Total Debt
- 1,165
- Net Working Capital
- 469
- Contingent Liabilities
- 123
- Book Value per Share
- 233.23
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 100 | 54 | 66 | 104 | 98 | 155 | 431 | 194 | 163 | 307 | |
| Cash from Investing | -36 | -241 | -20 | -483 | -217 | -11 | -86 | -433 | -426 | -22 |
| Cash from Financing | -65 | 188 | -47 | 382 | 116 | -144 | -345 | 239 | 262 | -279 |
| -0 | 1 | -1 | 3 | -3 | -0 | 0 | -0 | -0 | 7 | |
| Free Cash Flow | 79 | 42 | 50 | -368 | -130 | 144 | 418 | -232 | -314 | 288 |
| OCF / Net Profit | 2.27 | 0.93 | 1.27 | 1.62 | 4.12 | 2.25 | 1.32 | 1.18 | 1.24 | 1.75 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -327 | -263 | 114 | -168 | -113 | 304 |
| OCF / Net Profit | 2.27 | 0.93 | 1.27 | 1.62 | 4.12 | 2.25 | 1.32 | 1.18 | 1.24 | 1.75 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -327 | -263 | 114 | -168 | -113 | 304 |
Mar 2016
- 100
- Cash from Investing
- -36
- Cash from Financing
- -65
- -0
- Free Cash Flow
- 79
- OCF / Net Profit
- 2.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.27
- Cumulative 5-Year FCF
- 0
Mar 2017
- 54
- Cash from Investing
- -241
- Cash from Financing
- 188
- 1
- Free Cash Flow
- 42
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.93
- Cumulative 5-Year FCF
- 0
Mar 2018
- 66
- Cash from Investing
- -20
- Cash from Financing
- -47
- -1
- Free Cash Flow
- 50
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.27
- Cumulative 5-Year FCF
- 0
Mar 2019
- 104
- Cash from Investing
- -483
- Cash from Financing
- 382
- 3
- Free Cash Flow
- -368
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.62
- Cumulative 5-Year FCF
- 0
Mar 2020
- 98
- Cash from Investing
- -217
- Cash from Financing
- 116
- -3
- Free Cash Flow
- -130
- OCF / Net Profit
- 4.12
- Cumulative 5-Year FCF
- -327
- OCF / Net Profit
- 4.12
- Cumulative 5-Year FCF
- -327
Mar 2021
- 155
- Cash from Investing
- -11
- Cash from Financing
- -144
- -0
- Free Cash Flow
- 144
- OCF / Net Profit
- 2.25
- Cumulative 5-Year FCF
- -263
- OCF / Net Profit
- 2.25
- Cumulative 5-Year FCF
- -263
Mar 2022
- 431
- Cash from Investing
- -86
- Cash from Financing
- -345
- 0
- Free Cash Flow
- 418
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 114
- OCF / Net Profit
- 1.32
- Cumulative 5-Year FCF
- 114
Mar 2023
- 194
- Cash from Investing
- -433
- Cash from Financing
- 239
- -0
- Free Cash Flow
- -232
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- -168
- OCF / Net Profit
- 1.18
- Cumulative 5-Year FCF
- -168
Mar 2024
- 163
- Cash from Investing
- -426
- Cash from Financing
- 262
- -0
- Free Cash Flow
- -314
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- -113
- OCF / Net Profit
- 1.24
- Cumulative 5-Year FCF
- -113
Mar 2025
- 307
- Cash from Investing
- -22
- Cash from Financing
- -279
- 7
- Free Cash Flow
- 288
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 304
- OCF / Net Profit
- 1.75
- Cumulative 5-Year FCF
- 304
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 9.64 | 12.51 | 9.43 | 11.40 | 4.24 | 12.25 | 58.01 | 29.32 | 23.39 | 31.20 |
| Book Value (₹) | 44.87 | 57.66 | 75.03 | 85.83 | 87.87 | 100.20 | 155.78 | 183.01 | 203.90 | 233.23 |
| Dividend per Share (₹) | 1.00 | 1.20 | 1.20 | 1.25 | 0.60 | 1.50 | 4.00 | 2.50 | 2.50 | 3.00 |
| Cash EPS (₹) | 18.27 | 21.60 | 19.55 | 21.12 | 18.59 | 28.44 | 73.56 | 44.76 | 44.47 | 57.47 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 17.96% | 14.38% | 13.72% | 14.55% | 11.95% | 15.95% | 24.27% | 12.48% | 12.98% | 14.26% |
| Net Margin % | 5.76% | 6.14% | 4.57% | 5.16% | 1.66% | 4.24% | 12.11% | 6.85% | 4.53% | 5.31% |
| ROE % | 23.70% | 24.41% | 15.38% | 14.26% | 4.88% | 13.03% | 45.32% | 17.31% | 12.09% | 14.28% |
| ROCE % | 17.81% | 13.32% | 11.89% | 11.43% | 6.34% | 10.99% | 36.35% | 11.95% | 11.61% | 13.19% |
| 7.09% | 7.54% | 5.78% | 5.42% | 1.55% | 4.15% | 18.63% | 8.15% | 5.33% | 6.44% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 19 | 17 | 22 | 31 | 35 | 36 | 28 | 35 | 34 | 41 |
| Inventory Days | 50 | 56 | 60 | 64 | 63 | 70 | 52 | 68 | 66 | 65 |
| Payable Days | 9 | 10 | 11 | 14 | 15 | 19 | 17 | 15 | 12 | 14 |
| 60 | 63 | 71 | 80 | 82 | 86 | 62 | 88 | 88 | 92 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.71x | 2.15x | 1.08x | 1.78x | 2.11x | 1.71x | 0.79x | 0.95x | 1.17x | 0.89x |
| Interest Coverage (x) | 2.98x | 4.16x | 3.42x | 4.37x | 1.64x | 2.73x | 10.15x | 5.67x | 3.13x | 3.62x |
| 1.47x | 1.27x | 1.97x | 1.43x | 1.15x | 1.27x | 1.83x | 1.50x | 1.54x | 1.71x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 24.40% | 21.71% | 22.70% | 8.49% | 15.74% | 12.96% | 65.74% | -10.61% | 20.73% | 13.77% |
| Operating Profit Growth % | 32.07% | -2.55% | 17.08% | 15.06% | -4.95% | 50.76% | 152.15% | -54.03% | 26.28% | 25.23% |
| Net Profit Growth % | 7.82% | 29.86% | -8.66% | 22.37% | -62.85% | 189.17% | 373.54% | -49.47% | -20.20% | 33.39% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -20.20% | 33.39% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.85x | 10.24x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.59x | 1.37x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.77% | 0.94% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.33x | 6.21x |
Mar 2016
- EPS (₹)
- 9.64
- Book Value (₹)
- 44.87
- Dividend per Share (₹)
- 1.00
- Cash EPS (₹)
- 18.27
- Operating Margin %
- 17.96%
- Net Margin %
- 5.76%
- ROE %
- 23.70%
- ROCE %
- 17.81%
- 7.09%
- Debtor Days
- 19
- Inventory Days
- 50
- Payable Days
- 9
- 60
- Debt to Equity (x)
- 1.71x
- Interest Coverage (x)
- 2.98x
- 1.47x
- Revenue Growth %
- 24.40%
- Operating Profit Growth %
- 32.07%
- Net Profit Growth %
- 7.82%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 12.51
- Book Value (₹)
- 57.66
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 21.60
- Operating Margin %
- 14.38%
- Net Margin %
- 6.14%
- ROE %
- 24.41%
- ROCE %
- 13.32%
- 7.54%
- Debtor Days
- 17
- Inventory Days
- 56
- Payable Days
- 10
- 63
- Debt to Equity (x)
- 2.15x
- Interest Coverage (x)
- 4.16x
- 1.27x
- Revenue Growth %
- 21.71%
- Operating Profit Growth %
- -2.55%
- Net Profit Growth %
- 29.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 9.43
- Book Value (₹)
- 75.03
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 19.55
- Operating Margin %
- 13.72%
- Net Margin %
- 4.57%
- ROE %
- 15.38%
- ROCE %
- 11.89%
- 5.78%
- Debtor Days
- 22
- Inventory Days
- 60
- Payable Days
- 11
- 71
- Debt to Equity (x)
- 1.08x
- Interest Coverage (x)
- 3.42x
- 1.97x
- Revenue Growth %
- 22.70%
- Operating Profit Growth %
- 17.08%
- Net Profit Growth %
- -8.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 11.40
- Book Value (₹)
- 85.83
- Dividend per Share (₹)
- 1.25
- Cash EPS (₹)
- 21.12
- Operating Margin %
- 14.55%
- Net Margin %
- 5.16%
- ROE %
- 14.26%
- ROCE %
- 11.43%
- 5.42%
- Debtor Days
- 31
- Inventory Days
- 64
- Payable Days
- 14
- 80
- Debt to Equity (x)
- 1.78x
- Interest Coverage (x)
- 4.37x
- 1.43x
- Revenue Growth %
- 8.49%
- Operating Profit Growth %
- 15.06%
- Net Profit Growth %
- 22.37%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 4.24
- Book Value (₹)
- 87.87
- Dividend per Share (₹)
- 0.60
- Cash EPS (₹)
- 18.59
- Operating Margin %
- 11.95%
- Net Margin %
- 1.66%
- ROE %
- 4.88%
- ROCE %
- 6.34%
- 1.55%
- Debtor Days
- 35
- Inventory Days
- 63
- Payable Days
- 15
- 82
- Debt to Equity (x)
- 2.11x
- Interest Coverage (x)
- 1.64x
- 1.15x
- Revenue Growth %
- 15.74%
- Operating Profit Growth %
- -4.95%
- Net Profit Growth %
- -62.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 12.25
- Book Value (₹)
- 100.20
- Dividend per Share (₹)
- 1.50
- Cash EPS (₹)
- 28.44
- Operating Margin %
- 15.95%
- Net Margin %
- 4.24%
- ROE %
- 13.03%
- ROCE %
- 10.99%
- 4.15%
- Debtor Days
- 36
- Inventory Days
- 70
- Payable Days
- 19
- 86
- Debt to Equity (x)
- 1.71x
- Interest Coverage (x)
- 2.73x
- 1.27x
- Revenue Growth %
- 12.96%
- Operating Profit Growth %
- 50.76%
- Net Profit Growth %
- 189.17%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 58.01
- Book Value (₹)
- 155.78
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 73.56
- Operating Margin %
- 24.27%
- Net Margin %
- 12.11%
- ROE %
- 45.32%
- ROCE %
- 36.35%
- 18.63%
- Debtor Days
- 28
- Inventory Days
- 52
- Payable Days
- 17
- 62
- Debt to Equity (x)
- 0.79x
- Interest Coverage (x)
- 10.15x
- 1.83x
- Revenue Growth %
- 65.74%
- Operating Profit Growth %
- 152.15%
- Net Profit Growth %
- 373.54%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 29.32
- Book Value (₹)
- 183.01
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 44.76
- Operating Margin %
- 12.48%
- Net Margin %
- 6.85%
- ROE %
- 17.31%
- ROCE %
- 11.95%
- 8.15%
- Debtor Days
- 35
- Inventory Days
- 68
- Payable Days
- 15
- 88
- Debt to Equity (x)
- 0.95x
- Interest Coverage (x)
- 5.67x
- 1.50x
- Revenue Growth %
- -10.61%
- Operating Profit Growth %
- -54.03%
- Net Profit Growth %
- -49.47%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 23.39
- Book Value (₹)
- 203.90
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 44.47
- Operating Margin %
- 12.98%
- Net Margin %
- 4.53%
- ROE %
- 12.09%
- ROCE %
- 11.61%
- 5.33%
- Debtor Days
- 34
- Inventory Days
- 66
- Payable Days
- 12
- 88
- Debt to Equity (x)
- 1.17x
- Interest Coverage (x)
- 3.13x
- 1.54x
- Revenue Growth %
- 20.73%
- Operating Profit Growth %
- 26.28%
- Net Profit Growth %
- -20.20%
- -20.20%
- P/E (x)
- 13.85x
- P/B (x)
- 1.59x
- Dividend Yield %
- 0.77%
- 8.33x
Mar 2025
- EPS (₹)
- 31.20
- Book Value (₹)
- 233.23
- Dividend per Share (₹)
- 3.00
- Cash EPS (₹)
- 57.47
- Operating Margin %
- 14.26%
- Net Margin %
- 5.31%
- ROE %
- 14.28%
- ROCE %
- 13.19%
- 6.44%
- Debtor Days
- 41
- Inventory Days
- 65
- Payable Days
- 14
- 92
- Debt to Equity (x)
- 0.89x
- Interest Coverage (x)
- 3.62x
- 1.71x
- Revenue Growth %
- 13.77%
- Operating Profit Growth %
- 25.23%
- Net Profit Growth %
- 33.39%
- 33.39%
- P/E (x)
- 10.24x
- P/B (x)
- 1.37x
- Dividend Yield %
- 0.94%
- 6.21x
Documents
Announcements
- Updates
2026-08-19 - Nitin Spinners Limited has informed the Exchange regarding 'INTIMATION OF ACQUISITION UNDER REGULATION 30 OF THE SEBI LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS REGULATIONS 2015'.
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Nitin Spinners Limited has informed the Exchange about Transcript
Annual Reports
Credit Ratings
- Credit Rating
2026-06-22 - Nitin Spinners Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026