TipRanks
Nitin Spinners Limited (IN:NITINSPIN)
:NITINSPIN
India Market
Want to see IN:NITINSPIN full AI Analyst Report?

Nitin Spinners Limited (NITINSPIN) Price & Analysis

2 Followers

NITINSPIN Stock Chart & Stats

₹536.50
-₹6.95(-1.29%)
At close: 4:00 PM EDT
₹536.50
-₹6.95(-1.29%)

Bulls Say, Bears Say

Bulls Say
Integrated Textile Value ChainThe integrated manufacturing model gives Nitin Spinners control across yarn, fabric and garments, supporting product diversification and internal sourcing. This can improve customer relevance and retain more value across the textile chain over the medium term.
Continued ProfitabilityDespite weaker revenue and compressed margins, the company remains profitable at both EBIT and net income levels. Continued positive earnings provide an operating base for reinvestment and debt servicing while management navigates softer textile conditions.
Improving LeverageLower leverage and rising equity indicate improved balance-sheet resilience compared with earlier years. This should provide greater financial flexibility through demand cycles, although the company still carries meaningful absolute debt.
Bears Say
Revenue And Margin CompressionThe latest annual results show reduced operating scale and materially less profitability cushion than at the FY2022 peak. Sustained pressure on textile demand, pricing or product mix could limit earnings growth and weaken the benefits of integration.
Volatile Free Cash FlowOperating cash flow remains positive, but weak conversion from EBIT and sharp free-cash-flow swings indicate substantial working-capital, capital-spending or execution variability. This can constrain internally funded expansion and make debt reduction less predictable.
Lower Returns On EquityThe steep reduction in ROE shows that earnings have not kept pace with the expanded equity base, indicating lower capital productivity than previously achieved. If margins remain compressed, shareholder returns may stay subdued despite manageable leverage.

Nitin Spinners Limited News

NITINSPIN FAQ

What was Nitin Spinners Limited’s price range in the past 12 months?
Nitin Spinners Limited lowest stock price was ₹300.00 and its highest was ₹665.70 in the past 12 months.
    What is Nitin Spinners Limited’s market cap?
    Nitin Spinners Limited’s market cap is ₹34.32B.
      When is Nitin Spinners Limited’s upcoming earnings report date?
      Nitin Spinners Limited’s upcoming earnings report date is Nov 10, 2026 which is in 44 days.
        How were Nitin Spinners Limited’s earnings last quarter?
        Nitin Spinners Limited released its earnings results on Aug 08, 2026. The company reported ₹13.4 earnings per share for the quarter.
          Is Nitin Spinners Limited overvalued?
          According to Wall Street analysts Nitin Spinners Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Nitin Spinners Limited pay dividends?
            Nitin Spinners Limited pays a Annually dividend of ₹3 which represents an annual dividend yield of 0.49%. See more information on Nitin Spinners Limited dividends here
              What is Nitin Spinners Limited’s EPS estimate?
              Nitin Spinners Limited’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Nitin Spinners Limited have?
              Nitin Spinners Limited has 56,220,000 shares outstanding.
                What happened to Nitin Spinners Limited’s price movement after its last earnings report?
                Nitin Spinners Limited reported an EPS of ₹13.4 in its last earnings report. Following the earnings report the stock price went down -2.018%.
                  Which hedge fund is a major shareholder of Nitin Spinners Limited?
                  Currently, no hedge funds are holding shares in IN:NITINSPIN
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    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, 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.

                    Nitin Spinners Limited (NITINSPIN) Earnings & Revenues

                    Similar Stocks
                    Company
                    Price & Change
                    Follow
                    Bannari Amman Spinning Mills Limited
                    ―
                    ―
                    K.P.R. Mill Limited
                    ―
                    ―
                    Nahar Spinning Mills Ltd
                    ―
                    ―
                    Trident Limited
                    ―
                    ―
                    Vardhman Textiles Limited
                    ―
                    ―
                    Popular Stocks