Nitin Spinners Ltd.

354.00 +1.25 ▲0.4%

23 April 2024, 11:45:57 AM
Volume: 14,807

Company Profile

Sector Textile Sector Icon Textile Compare with Sector peers
Industry Textile - Spinning Industry Icon Textile - Spinning Compare with Industry peers
Website http://www.nitinspinners.com
Market Cap 1,983.44 Cr.
Enterprise Value(EV) 3,195.65 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 23.28 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 15.15 Trailing Twelve Months Ending 2023-12
Industry PE 82.31 Trailing Twelve Months Ending 2023-12
Book Value / Share 196.77 Trailing Twelve Months Ending 2023-12
Price to Book Value 1.79 Calculated using Price: 352.80
Dividend Yield 0.71 Period Ending 2023-03
No. of Shares Subscribed 5.62 Cr. 56,220,000 Shares
FaceValue 10
About Nitin Spinners Ltd.
Nitin Spinners Ltd was incorporated as a private limited company on October 15, 1992 under the Companies Act 1956 in the state of Rajasthan having the name ‘Nitin Spinners Private Limited'. Subsequently the company was converted into a public limited company on November 15, 1994 and the name was changed to Nitin Spinners Limited. The company was promoted by R. L. Nolkha Dinesh Nolkha and Nitin Nolakha.

Nitin Spinners Ltd. Delivery

Delivered Qty
Traded Qty

Nitin Spinners Ltd. Performance

1 Day
+0.35%
1 Week
+1.22%
1 Month
+4.00%
3 Month
+6.00%
6 Month
+23.32%
1 Year
+39.76%
2 Year
+37.93%
5 Year
+327.79%
10 Year
+2085.19%

Nitin Spinners Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 27.44 23.7 24.41 15.38 14.26 4.88 13.03 45.32 17.31
Return on Capital Employed (%) 17.91 17.81 13.32 11.89 11.43 6.34 10.99 36.35 11.95
Return on Assets (%) 8.5 7.09 7.54 5.78 5.42 1.55 4.15 18.63 8.15

Nitin Spinners Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 167 206 264 417 483 494 563 876 1,029 1,074
Non Curr. Liab. 332 290 411 336 660 726 637 537 659 969
Curr. Liab. 110 140 210 176 293 425 476 411 530 497
Minority Int.
Equity & Liab. 610 635 885 929 1,436 1,645 1,676 1,824 2,218 2,541
Non Curr. Assets 444 430 617 582 1,015 1,156 1,073 1,070 1,422 1,763
Curr. Assets 166 205 268 346 421 489 603 754 796 777
Misc. Exp. not W/O
Total Assets 610 635 885 929 1,436 1,645 1,676 1,824 2,218 2,541

Nitin Spinners Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 616 767 933 1,145 1,243 1,438 1,624 2,692 2,407 2,760
Other Income 5 1 1 2 3 2 2 2 3 3
Total Income 622 768 934 1,148 1,245 1,440 1,626 2,694 2,410 2,763
Total Expenditure -517 -630 -800 -990 -1,064 -1,268 -1,367 -2,041 -2,110 -2,428
PBIDT 104 138 134 157 181 172 259 653 300 335
Interest -23 -33 -22 -30 -29 -56 -62 -55 -38 -66
Depreciation -28 -40 -42 -56 -55 -81 -91 -87 -87 -104
Taxation -13 -21 -13 -19 -33 -12 -38 -180 -11 -35
Exceptional Items -5
PAT 41 44 57 52 64 24 69 326 165 131
Adjusted EPS 9 10 13 9 11 4 12 58 29 23

Nitin Spinners Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 87 45 100 54 66 104 98 155 431 194
Cash Fr. Inv. -39 -219 -36 -241 -20 -483 -217 -11 -86 -433
Cash Fr. Finan. -48 176 -65 188 -47 382 116 -144 -345 239
Net Change 0 1 0 1 -1 3 -3 0 0 0
Cash & Cash Eqvt 0 1 1 1 0 3 0 0 0 0

Nitin Spinners Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 56.25 56.36 56.36 56.40 56.41 56.41 56.41 56.41 56.46
Public 43.75 43.64 43.64 43.60 43.59 43.59 43.59 43.59 43.54
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Nitin Spinners Ltd. Announcements

Fri, 12 Apr 2024
Updates
Nitin Spinners Limited has informed the Exchange regarding 'TEXPROCIL AWARDS FOR THE YEAR 2021-22 AND 2022-23'.
Mon, 08 Apr 2024
Analysts/Institutional Investor Meet/Con. Call Updates
Nitin Spinners Limited has informed the Exchange about Schedule of meet
Sat, 30 Mar 2024
Trading Window
Nitin Spinners Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015

Nitin Spinners Ltd. Technical Scans

Mon, 22 Apr 2024
Closing Above Previous High Closing Above Previous High
Close Within 52 Week High Zone Close Within 52 Week High Zone
High Increase in 6 Months High Increase in 6 Months
High Increase in 1 Year High Increase in 1 Year
High Increase in 5 Years High Increase in 5 Years

Nitin Spinners Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Page Industries Ltd. 39,573.39 35,651.50 +0.4%
K.P.R. Mill Ltd. 28,814.92 850.40 +0.6%
Vedant Fashions Ltd. 22,641.54 922.55 -1.1%
Trident Ltd. 19,925.19 39.60 +1.3%
Swan Energy Ltd. 19,484.48 626.95 +0.7%
Lakshmi Machine Works Ltd. 18,181.13 16,968.00 -0.4%
Welspun Living Ltd. 14,460.51 157.40 +5.7%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-12 73.37 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-12 35.96 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-12 55.60 922.55 -1.1%
Trident Ltd. Consolidated 2023-12 47.15 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-12 47.91 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-12 45.25 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-12 21.89 157.40 +5.7%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Page Industries Ltd. Standalone 2023-12 23.52 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-12 6.81 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-12 15.22 922.55 -1.1%
Trident Ltd. Consolidated 2023-12 4.68 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-12 3.22 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-12 6.90 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-12 3.30 157.40 +5.7%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Page Industries Ltd. Standalone 2023-03 0.18 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-03 0.36 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-03 0.00 922.55 -1.1%
Trident Ltd. Consolidated 2023-03 0.33 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-03 2.20 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 0.00 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-03 0.58 157.40 +5.7%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Page Industries Ltd. Standalone 2023-03 46.45 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 922.55 -1.1%
Trident Ltd. Consolidated 2023-03 10.99 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-03 -3.49 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-03 5.03 157.40 +5.7%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Page Industries Ltd. Standalone 2023-03 46.45 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-03 23.62 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-03 34.74 922.55 -1.1%
Trident Ltd. Consolidated 2023-03 10.99 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-03 -3.49 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 17.74 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-03 5.03 157.40 +5.7%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2023-03 5,000.61 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-03 6,185.88 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-03 1,354.93 922.55 -1.1%
Trident Ltd. Consolidated 2023-03 6,332.26 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-03 1,438.14 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 4,719.15 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-03 8,093.76 157.40 +5.7%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Page Industries Ltd. Standalone 2023-03 571.25 35,651.50 +0.4%
K.P.R. Mill Ltd. Consolidated 2023-03 814.10 850.40 +0.6%
Vedant Fashions Ltd. Consolidated 2023-03 429.11 922.55 -1.1%
Trident Ltd. Consolidated 2023-03 441.61 39.60 +1.3%
Swan Energy Ltd. Consolidated 2023-03 -61.05 626.95 +0.7%
Lakshmi Machine Works Ltd. Consolidated 2023-03 384.02 16,968.00 -0.4%
Welspun Living Ltd. Consolidated 2023-03 202.51 157.40 +5.7%

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