NITINSPINConsumer Discretionary

Nitin Spinners Limited

Other Textile Products · ISIN INE229H01012 · BSE 532698 · NSE EQ · FV ₹10
Last price
₹617
-1.78%today
What this company does

Nitin Spinners Limited operates in Other Textile Products, part of the Consumer Discretionary sector. It booked ₹875 cr of revenue in its latest quarter (Q1 FY27) and kept 8.6% of sales as profit.

In the report:
68out of 100
Equitytale Health Score
Solid

Healthier than 68% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
51

At close. Not part of the score.

Profitability & returns80

How much profit it earns on the money it employs

Balance sheet39

How much it owes, and whether earnings cover the interest

Cash quality73

Whether reported profit actually arrives as cash

Growth & consistency66

Whether sales and profit have grown, and how steadily

Valuation60

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 10% vs last year
Profit up 84% vs last year
Promoters hold 57%
No promoter shares pledged
Strong 20% return on equity
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in NITINSPIN?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 9% a year, it would become
₹19.11 lakh

The slider starts at 9%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹617 -1.78%
latest close · 2026-09-17
1-year return
+201.1%
52-wk low ₹18252-wk high ₹666
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio11.5Low
LowAverageHigh
P/B ratio2.36Moderate
Below bookModerateHigh
EV / EBITDA7.3Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity20.5%Strong
WeakFairStrong ▸15%
Return on capital22.2%Strong
WeakFairStrong
Net margin8.6%Decent
ThinDecentStrong
EBITDA margin18.1%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.76Moderate
LowModerateHigh ▸1
Interest cover6.2×Strong
RiskyOkayStrong ▸5×
Current ratio1.53Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹3,468 cr
Book value
₹262
EPS
₹13.39
latest quarter
Net debt
₹1,122 cr
owes more than its cash
Enterprise value
₹4,589 cr
EBITDA
₹632 cr
annualised
EBIT
₹482 cr
annualised
Operating margin
13.8%
Return on assets
10.3%
Earnings yield
8.68%
P/S
0.99
Sales / share
₹622.6
Tax rate
25.5%
Face value
₹10
Shares
5.6 cr
Working capital
₹396 cr
Current assets
₹1,146 cr
Current liabilities
₹750 cr
Delivery %
50.3%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹185₹217, midpoint ₹201

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹875 cr
Other Income₹2 cr
Total Income₹877 cr
Cost of Materials₹547 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹-27 cr
Employee Benefit Expense₹58 cr
Finance Costs₹19 cr
Depreciation & Amortisation₹38 cr
Other Expenses₹141 cr
Total Expenses₹776 cr
Profit before Tax₹101 cr
Tax Expense₹26 cr
Net Profit₹75 cr
Net margin on total income8.6%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹521 cr59.3%
Employee benefit expense₹58 cr6.6%
Finance costs₹19 cr2.2%
Depreciation & amortisation₹38 cr4.3%
Other expenses₹141 cr16.1%
Tax expense₹26 cr2.9%
Profit for the period₹75 cr8.6%
Total income ₹877 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue801 cr860 cr875 cr
Total income802 cr861 cr877 cr
Expenses743 cr783 cr776 cr
Profit before tax58 cr78 cr101 cr
Tax14 cr21 cr26 cr
Net profit (owners' share)44 cr57 cr75 cr
Net margin (owners' share, on revenue)5.5%6.7%8.6%
EPS (₹)7.9010.2013.39
YoY (latest quarter): total income +10.4% · net profit +83.6%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹2,915 cr
Shareholder equity
₹1,471 cr
parent shareholders
Total debt
₹1,124 cr
Cash
₹3 cr
Cash flow · H1 FY26
Operating
₹380 cr
Investing
₹-84 cr
Financing
₹-303 cr
Peer comparison
Other Textile Products · by market value
CompanyPriceMarket capP/E
K.P.R. Mill Limited₹1,095₹37,441 cr36.2
Welspun Living Limited₹212₹20,051 cr31.4
Vardhman Textiles Limited₹561₹15,986 cr12.9
Trident Limited₹23₹11,762 cr18.6
Indo Count Industries Limited₹436₹8,625 cr34.1
Garware Technical Fibres Limited₹800₹7,809 cr30.5
Kusumgar Limited₹552₹5,790 cr33.0
Jindal Worldwide Limited₹49₹4,913 cr38.3
Filatex India Limited₹90₹4,012 cr20.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.49%
trailing 12 months
Dividend / share (TTM)
₹3
Last dividend
₹3
ex 11 Sep 2026
ActionDetailEx-date
Dividend₹3 / share11 Sep 2026
Dividend₹3 / share29 Aug 2025
Dividend₹2.5 / share9 Sep 2024
Dividend₹2.5 / share11 Sep 2023
Dividend₹2.5 / share7 Sep 2022
Dividend₹1.5 / share10 Feb 2022
Who owns it · 2026-06-30
No pledge
Promoter
56.7%
FII / Foreign
1.9%
DII / Domestic
14.7%
Retail / others
26.7%
Promoter stake up 0.3% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtREDIAL TRADING AND INVESTMENT PVT. LTD · Promoters43,500 · ₹98.5 L31 Mar 22
BoughtREDIAL TRADING & INVESTMENT PVT LTD · Promoters45,000 · ₹1.0 cr20 Dec 21
BoughtREDIAL TRADING & INVESTMENT PVT LTD · Promoters35,000 · ₹25.9 L9 Feb 21
Bulk / block deals
short · NSE2008 Sep 26
short · NSE20026 Aug 26
short · NSE60025 Aug 26
Stake changes
BoughtBandhan Mutual Fund (formerly IDFC Mutual Fund) through its schemes.→ 5.01% · 15,30012 Feb 25
SoldRatan Lal Nolkha alongwith PAC · promoter→ 0.00% · 61.50 L12 Sep 23
BoughtSushila Devi Nolkha · promoter→ 13.87% · 61.50 L12 Sep 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Postal ballot · 13 Mar 2026
See the official result
1
Authorization to Board of Directors to borrow money under Section 180 (1)( c ) of the Companies Act ,2013
Backed by 100% of shareholders other than promotersneeded 75%
83.18 L votes for, 41,683 against · 0% of mutual funds and other big investors said no
2
Authorization to Board of Directors for Creation of Security on increased Borrowing Power under Section 180(1)(a) of the Companies Act ,2013
Backed by 100% of shareholders other than promotersneeded 75%
83.18 L votes for, 41,683 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 12 named members
owning 56.7% between them · as of 2026-06-30
REDIAL TRADING AND INVESTMENT PRIVATE LIMITED32.18%
SUSHILA DEVI NOLKHA13.87%
NITIN NOLAKHA3.29%
RATAN LAL NOLKHA HUF2.96%
DINESH NOLKHA2.12%
DINESH NOLKHA HUF0.64%
KRISHNA NOLKHA0.48%
PRATYUSH NOLAKHA0.46%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.