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Nitin Spinners Ltd.

NITINSPIN · ISIN INE229H01012

Share price

₹549 +0.25%

Market capitalisation

₹3088 CrClosed

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01 · Key metrics

Market cap

₹3088 Cr

Current price

₹549

+0.25% today

52W high

₹571

52W low

₹302

Stock P/E

17.4

P/B ratio

2.1

02 · Per share & returns

EPS (TTM)

₹31.56

Book value

₹261

ROE

12.76%

ROA

6.74%

Dividend yield

0.55%

Beta

0.03

03 · Financials (TTM)

By the numbers

Revenue

₹3214 Cr

+2.20% YoY

EBITDA

₹453 Cr

Net profit

₹178 Cr

+23.70% YoY

Profit margin

5.52%

Operating margin

10.89%

Total debt

₹1124 Cr

Total cash

₹8.64 Cr

Debt / equity

0.76x

Current ratio

1.53x

Payout ratio

9.50%

04 · Analyst view

Target price

₹645

Upside

+17.34%

Consensus

STRONG BUY

Analysts

4

05 · Shareholding pattern

Who owns NITINSPIN?

Shareholding pattern not yet captured for this company. Pulled from NSE corporate filings on the next ownership refresh.

06 · Registration & listing

On the record

Symbol
NITINSPIN
Exchange
NSE · BSE
CIN
ISIN
INE229H01012
BSE code
532698
Sector
Diversified
Industry
Face value
₹10
Listing date
01 Feb 2006
Employees
Headquarters
Bhilwara, India

07 · About

What is Nitin Spinners Ltd.?

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, etc.; 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, anti-bacteria finish, aero finish, and bio polish; various weaves, which include twills, gabardines, broken twill, ripstop, canvas, mattie's, ducks, plain tussor, dobby, cord, and ottoman, etc.; and health and eco-friendly fabrics made from BCI/organic cotton. The company's finished and printed woven fabrics are used in fashion and image wear, uniforms, health care and hotel apparel, industrial and protective wear, and defense wear applications. It exports its products to approximately 55 countries. Nitin Spinners Limited was incorporated in 1992 and is headquartered in Bhilwara, India.

08 · Common questions

Frequently asked

What is the CIN of Nitin Spinners Ltd.?+

The Corporate Identity Number for Nitin Spinners Ltd. is published in the MCA21 corporate master. FinanceCity backfills CIN values during weekly refreshes.

Who are the promoters of Nitin Spinners Ltd.?+

Promoter and group-holding details for Nitin Spinners Ltd. are disclosed quarterly via stock-exchange filings. Detailed pattern is refreshed weekly here from BSE and NSE corporate filings.

What is the market capitalisation of Nitin Spinners Ltd.?+

Nitin Spinners Ltd. (NITINSPIN) has a market capitalisation of approximately ₹3088 Cr, reflecting the most recent weekly refresh from the BSE scrip master.

09 · Adjacent

Other diversified listings

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