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NITINSPIN Stock Chart & Stats
₹536.50
-₹6.95(-1.29%)
At close: 4:00 PM EDT
₹536.50
-₹6.95(-1.29%)
Day’s Range― - ―
52-Week Range₹300.00 - ₹589.50
Previous CloseN/A
Volume109.55K
Average Volume (3M)5.36K
Market Cap
₹32.35B
Enterprise Value₹27.42K
Total Cash (Recent Filing)₹86.44M
Total Debt (Recent Filing)₹11.24B
Price to Earnings (P/E)18.4
Beta1.03
Next Earnings
Nov 10, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield0.52%
Share Statistics
EPS (TTM)31.58
Shares Outstanding56,220,000
10 Day Avg. Volume4,582
30 Day Avg. Volume5,360
Financial Highlights & Ratios
PEG Ratio8.93
Price to Book (P/B)1.31
Price to Sales (P/S)0.60
P/FCF Ratio40.15
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)47.85
Revenue Forecast (FY)₹37.22B
Bulls Say, Bears Say
Bulls Say
Business-model ResilienceNitin Spinners is a B2B textile manufacturer supplying yarns and fabrics to domestic and export garment and home-textile makers. That role as an intermediate supplier and access to both domestic and export demand provides durable revenue channels and diversification across end markets.
Improving LeverageDebt-to-equity declining to ~0.76 from earlier elevated levels signals a stronger capital structure. Improved leverage reduces interest burden and increases financial flexibility for capex and working capital, supporting steadier execution through textile cycles.
Sustained ProfitabilityDespite margin compression versus peak years, positive EBIT and net margins provide a structural earnings base to cover fixed costs and fund modest reinvestment. Ongoing operating profitability supports resilience across cyclical downturns in textiles.
Bears Say
Revenue VolatilitySharp top-line swings undermine capacity utilization and pricing leverage in a capital‑intensive manufacturing business. Persistent revenue volatility complicates multi‑period planning, weakens bargaining power with buyers, and increases the execution risk of expansion plans.
Weak Cash ConversionOperating cash flow covering only ~45% of EBIT and highly volatile free cash flow limits the firm's ability to self‑fund capex, reduce debt, or smooth dividends. Chronic weak cash conversion raises refinancing and reinvestment risk in the medium term.
Eroding Returns & Residual DebtROE falling sharply indicates lower earnings power relative to equity employed. Even with improving leverage, meaningful absolute debt levels combined with weaker ROE can constrain growth investments and increase vulnerability to textile sector downturns.
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 ₹589.50 in the past 12 months.
What is Nitin Spinners Limited’s market cap?
Nitin Spinners Limited’s market cap is ₹32.35B.
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 92 days.
How were Nitin Spinners Limited’s earnings last quarter?
Nitin Spinners Limited released its earnings results on Aug 08, 2026. The company reported ₹13.388 earnings per share for the quarter, missing the consensus estimate of N/A by N/A.
Is Nitin Spinners Limited overvalued?
According to Wall Street analysts Nitin Spinners Limited’s price is currently Overvalued.
Does Nitin Spinners Limited pay dividends?
Nitin Spinners Limited pays a Annually dividend of ₹3 which represents an annual dividend yield of 0.52%. 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 ₹13.388 in its last earnings report, missing expectations of N/A. 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.
Technical Analysis
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