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Small Textiles

Nitin Spinners Ltd.

NITINSPIN

Market Cap
₹2,055 Cr.
P/E
12.22

Nitin Spinners Ltd.

  • Nitin Spinners
  • Sangam India
  • Filatex India
  • TJI Yarn
FAQs on Nitin Spinners Ltd. Shareprice

Nitin Spinners has given lower returns compared to its competitors.
Nitin Spinners has grown at ~14.96% over the last 3yrs while peers have grown at a median rate of 17.18%

Yes, Nitin Spinners is expensive.
Latest PE of Nitin Spinners is 12.22, while 3 year average PE is 10.55.
Also latest EV/EBITDA of Nitin Spinners is 6.89 while 3yr average is 6.36.

View FAQ's On Business
Growth Table
  • Nitin Spinners Ltd.
  • Sangam India
  • Filatex India
Balance Sheet
  • Nitin Spinners Ltd.
  • Sangam India
  • Filatex India
Balance Sheet Snapshot
No data available.
Fund Flow Analysis
  • 1y
  • 3y
  • 5y
  • 10y
  • Increase
  • Decrease
  • Total
No data available.
*Data is as of latest FY end
Profit & Loss
  • Nitin Spinners Ltd.
  • Sangam India
  • Filatex India
Cash Flow
  • Nitin Spinners Ltd.
  • Sangam India
  • Filatex India
Cash Flow Analysis
  • 1y
  • 3y
  • 5y
  • 10y
  • Increase
  • Decrease
  • Total
No data available.
Ratios
= Dominant Factor
  • Nitin Spinners Ltd.
  • Sangam India
  • Filatex India
Quarterly Results
  • Nitin Spinners Ltd.
  • Sangam India
  • Filatex India
Reverse DCF
locked
Cr
locked
5 YEAR
locked 5
10 YEAR
locked 10
20 YEAR
locked 20
Implied Growth Rate over a 5 year period*
Implied Growth Rate over a 10 year period*
Implied Growth Rate over a 20 year period*
*Implied Growth calculated using Newton-Rhapson method.
Learn how to use Reverse DCF
FAQs on Nitin Spinners Ltd. Financials

Balance sheet of Nitin Spinners is moderately strong, But short term working capital might become an issue for this company.

The debt of Nitin Spinners is decreasing.
Latest debt of Nitin Spinners is ₹1,166 Crs as of Sep-24.
This is less than Mar-24 when it was ₹1,338 Crs.

The profit is oscillating.
The profit of Nitin Spinners is ₹168 Crs for TTM, ₹132 Crs for Mar 2024 and ₹165 Crs for Mar 2023.

The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Nitin Spinners latest dividend payout ratio is 10.69% and 3yr average dividend payout ratio is 8.7%

Companies resources are allocated to majorly productive assets like Plant & Machinery

View FAQ's On Shareholding
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