Nitin Spinners Ltd (NITINSPIN)
₹432.15▲4.2%
🔔 Earnings Alert
Nitin Spinners Q1FY25 revenue up by 30.1% YoY, EBITDA up by 56.1% YoY, retains Buy rating with TP of Rs 502
Analyst Rating
based on 2 analysts
100.00%
Buy
0.00%
Hold
0.00%
Sell
Based on 2 analysts offering long term price targets for Nitin Spinners Ltd. An average target of ₹489.5
Source: S&P Global Market Intelligence
Nitin Spinners Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹410.85₹43552 Week's Low
52 Week's High
₹227₹442.85
| Returns % | |
| 1 Month Return | + 18.58 % |
| 3 Month Return | + 16.57 % |
| 1 Year Return | + 72.67 % |
| Market Stats | |
| Previous Close | ₹414.75 |
| Open | ₹414.75 |
| Volume | 5.45L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,331.72Cr |
Key Statistics
| P/E Ratio | 0 |
| PEG Ratio | 0 |
| Market Cap | ₹2,331.72 Cr |
| P/B Ratio | 1.23 |
| EPS | 0 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹2,331.72 Cr | 112.83% | 0.74 | NA | NA |
 | NA | ₹201.57 Cr | 120.65% | 0.90 | NA | NA |
 | NA | ₹841.38 Cr | 62.25% | 0.61 | ₹32 Cr | ₹383 Cr |
 | BUY | ₹9,692.10 Cr | 107.08% | 0.65 | ₹352 Cr | ₹7,737 Cr |
 | NA | ₹98.09 Cr | 54.22% | 0.72 | ₹6 Cr | ₹86 Cr |
Company Information
Share Price: ₹432.15 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,331.72Cr as of today
Listing date: 02 Feb, 2006
| Organisation | Nitin Spinners Ltd |
| Headquarters | |
| Industry | Textiles |
| E-voting on shares | Click here to vote |
Key events for Nitin Spinners Ltd
Nitin Spinners Reports Strong Q1 Earnings - 24 Jul, 2024
Nitin Spinners Ltd reported strong Q1 2025 earnings with an EPS of ₹7.49, up from ₹5.14 in Q1 2024. The company's revenue increased by 30% YoY to Rs 8,030 mn, while PAT rose by 45.7% YoY to Rs 421 mn. Analysts retain a Buy rating on the stock with a TP of Rs 502.
Nitin Spinners Reports Strong Q1 Results - 23 Jul, 2024
Nitin Spinners reports a 30.12% YoY increase in net sales, with quarterly net profit up 45.74%. The company's EPS has also increased from Rs. 5.14 to Rs. 7.49. Nitin Spinners shares have given returns of 34.16% over the last 6 months and 79.20% over the last 12 months.
Nitin Spinners Announces Changes in Top Management - 22 Jul, 2024
The Board of Nitin Spinners has approved the appointment of Dinesh Nolkha as Chairman and Managing Director, Nitin Nolakha as Managing Director, and Pratyush Nolakha as an Additional Director (Executive) on Board.
Insights on Nitin Spinners Ltd
POSITIVE IMPACTPrice Rise
In the last 7 days, NITINSPIN stock has moved up by 2.2%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 13.74% to 14.99% in Jun 2024 quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 56.46% to 56.47% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Swan Energy Ltd has given 193.7% return, outperforming this stock by 121.1%
- NO EFFECT
Against Peers
In the last 3 years, Swan Energy Ltd has given 369.9% return, outperforming this stock by 267.4%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 29.11% to 27.94% in Jun 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 0.70% to 0.60% in Jun 2024 quarter
Company Financials
| 2023 | Y/Y Change | |
|---|---|---|
Total Assets | ₹2,220.30Cr | ↑21.48% |
Total Liabilities | ₹1,191.40Cr | ↑25.17% |
| 2023 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹193.76Cr | ↓55.09% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 56.47% | 0.02 | |
| Foreign Institutions | 0.6% | ||
| Mutual Funds | 14.99% | 9.11 | |
| Retail Investors | 27.94% | ||
| Others | 0% | 0.00 |
Key Indicators
Earnings and Dividends
Nitin Spinners Ltd Earnings Results
Nitin Spinners Ltd’s net profit jumped 45.74% since last year same period to ₹42.12Cr in the Q1 2024-2025. On a quarterly growth basis, Nitin Spinners Ltd has generated 7.53% jump in its net profits since last 3-months.
Read More about Earnings ResultsNitin Spinners Ltd Dividends May,2023
In the quarter ending March 2023, Nitin Spinners Ltd has declared dividend of ₹2.50 - translating a dividend yield of 1.16%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Nitin Spinners Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Nitin Spinners Ltd (NITINSPIN) share price today is ₹432.15
Nitin Spinners Ltd is listed on NSE
Nitin Spinners Ltd is listed on BSE
- Today’s highest price of Nitin Spinners Ltd is ₹435.
- Today’s lowest price of Nitin Spinners Ltd is ₹410.85.
Today’s traded volume of Nitin Spinners Ltd(NITINSPIN) is 5.45L.
Today’s market capitalisation of Nitin Spinners Ltd(NITINSPIN) is ₹2331.72Cr.
| Nitin Spinners Ltd(NITINSPIN | Price |
|---|---|
52 Week High | ₹442.85 |
52 Week Low | ₹227 |
Nitin Spinners Ltd(NITINSPIN) share price is ₹432.15. It is down -2.42% from its 52 Week High price of ₹442.85
Nitin Spinners Ltd(NITINSPIN) share price is ₹432.15. It is up 90.37% from its 52 Week Low price of ₹227
| Nitin Spinners Ltd(NITINSPIN | Returns |
|---|---|
1 Day Returns | 17.4% |
1 Month Returns | 18.58% |
3 Month Returns | 16.57% |
1 Year Returns | 72.67% |