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Nitin Spinners

  • Market Cap: Small Cap
  • Industry: Textile
  • ISIN: INE229H01012
  • NSEID: NITINSPIN
  • BSEID: 532698
INR
352.70
5.15 (1.48%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 73.85 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

350.95355.10

52 Week

290.00493.90
Valuation
Technical
Day's Volume

CASH

73.85 k (-64.79%) Volume

Shareholding (Dec 2024)

FII

1.50%

Held by 34 FIIs

DII

15.49%

Held by 16 DIIs

Promoter

56.50%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

High Management Efficiency with a high ROCE of 16.72%

 
2

Healthy long term growth as Operating profit has grown by an annual rate 28.21%

 
3

The company has declared Positive results for the last 3 consecutive quarters

4

Stock is technically in a Mildly Bearish range

5

With ROCE of 12.9, it has a Very Attractive valuation with a 1.3 Enterprise value to Capital Employed

6

Increasing Participation by Institutional Investors

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Textile

stock-summary
Market cap

INR 1,983 Cr (Small Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

18

stock-summary
Dividend Yield

0.72%

stock-summary
Debt Equity

0.96

stock-summary
Return on Equity

13.82%

stock-summary
Price to Book

1.60

Revenue and Profits (1 Year):
Net Sales:
839 Cr
(Quarterly Results - Dec 2024)
Net Profit:
45 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.72%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-13.23%
0%
-13.23%
1 Year
-1.8%
0.68%
-1.12%
2 Years
36.97%
2.05%
39.02%
3 Years
32.92%
3.29%
36.21%
4 Years
299.43%
9.36%
308.79%
5 Years
1019.68%
40.29%
1059.97%

Latest dividend: 2.5 per share ex-dividend date: Sep-09-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
18.95%
EBIT Growth (5y)
28.21%
EBIT to Interest (avg)
4.93
Debt to EBITDA (avg)
3.16
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.29
Tax Ratio
25.74%
Dividend Payout Ratio
10.69%
Pledged Shares
0
Institutional Holding
16.99%
ROCE (avg)
15.76%
ROE (avg)
17.48%
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
18
Price to Book Value
1.60
EV to EBIT
9.75
EV to EBITDA
6.68
EV to Capital Employed
1.31
EV to Sales
0.96
PEG Ratio
0.41
Dividend Yield
0.72%
ROCE (Latest)
12.92%
ROE (Latest)
13.82%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 6 Schemes (15.41%)

FIIs

Held by 34 FIIs (1.5%)

Promoter with highest holding

Redial Trading And Investment Private Limited (32.02%)

Highest Public shareholder

Quant Mutual Fund Qunat Small Cap Fund (4.86%)

Individual Investors Holdings

21.51%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.99% vs 2.43% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 6.21% vs 0.09% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "838.87",
          "val2": "822.52",
          "chgp": "1.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "117.15",
          "val2": "115.15",
          "chgp": "1.74%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "20.66",
          "val2": "21.74",
          "chgp": "-4.97%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "44.78",
          "val2": "42.16",
          "chgp": "6.21%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.97%",
          "val2": "14.00%",
          "chgp": "-0.03%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 20.01% vs 11.51% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 39.08% vs -36.00% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,625.49",
          "val2": "1,354.51",
          "chgp": "20.01%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "233.95",
          "val2": "158.08",
          "chgp": "47.99%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "48.34",
          "val2": "30.31",
          "chgp": "59.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "84.28",
          "val2": "60.60",
          "chgp": "39.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.39%",
          "val2": "11.67%",
          "chgp": "2.72%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 17.08% vs 20.15% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 39.75% vs -26.86% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,464.36",
          "val2": "2,104.93",
          "chgp": "17.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "351.10",
          "val2": "260.81",
          "chgp": "34.62%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "69.00",
          "val2": "55.47",
          "chgp": "24.39%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "129.06",
          "val2": "92.35",
          "chgp": "39.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.25%",
          "val2": "12.39%",
          "chgp": "1.86%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 20.73% vs -10.61% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -20.20% vs -49.47% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,905.65",
          "val2": "2,406.71",
          "chgp": "20.73%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "377.06",
          "val2": "297.06",
          "chgp": "26.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "83.30",
          "val2": "37.68",
          "chgp": "121.07%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "131.52",
          "val2": "164.81",
          "chgp": "-20.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.98%",
          "val2": "12.34%",
          "chgp": "0.64%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
838.87
822.52
1.99%
Operating Profit (PBDIT) excl Other Income
117.15
115.15
1.74%
Interest
20.66
21.74
-4.97%
Exceptional Items
0.00
0.00
Standalone Net Profit
44.78
42.16
6.21%
Operating Profit Margin (Excl OI)
13.97%
14.00%
-0.03%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.99% vs 2.43% in Sep 2024

Direction Arrows
Standalone Net Profit

QoQ Growth in quarter ended Dec 2024 is 6.21% vs 0.09% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
1,625.49
1,354.51
20.01%
Operating Profit (PBDIT) excl Other Income
233.95
158.08
47.99%
Interest
48.34
30.31
59.49%
Exceptional Items
0.00
0.00
Standalone Net Profit
84.28
60.60
39.08%
Operating Profit Margin (Excl OI)
14.39%
11.67%
2.72%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 20.01% vs 11.51% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 39.08% vs -36.00% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
2,464.36
2,104.93
17.08%
Operating Profit (PBDIT) excl Other Income
351.10
260.81
34.62%
Interest
69.00
55.47
24.39%
Exceptional Items
0.00
0.00
Standalone Net Profit
129.06
92.35
39.75%
Operating Profit Margin (Excl OI)
14.25%
12.39%
1.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 17.08% vs 20.15% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 39.75% vs -26.86% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2,905.65
2,406.71
20.73%
Operating Profit (PBDIT) excl Other Income
377.06
297.06
26.93%
Interest
83.30
37.68
121.07%
Exceptional Items
0.00
0.00
Standalone Net Profit
131.52
164.81
-20.20%
Operating Profit Margin (Excl OI)
12.98%
12.34%
0.64%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 20.73% vs -10.61% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -20.20% vs -49.47% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Nitin Spinners Ltd stock-summary
stock-summary
Nitin Spinners Ltd
Small Cap
Textile
Nitin Spinners Ltd was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Pvt Ltd. On November 15, 1994, the company was converted into public limited company and the name was changed to Nitin Spinners Ltd. Nitin Spinners Ltd is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics. The company engaged in the textiles business.
Company Coordinates stock-summary
Company Details
16-17 KM Stone, Chittor Highway Hamirgarh Bhilwara Rajasthan : 311025
stock-summary
Tel: 91-1482-286110-113
stock-summary
http://www.nitinspinners.com
stock-summary
nsl@nitinspinners.com
Registrar Details
Bigshare Services Pvt Ltd , E-2 , Ansa Industrial Estate, Saki Vihar Road, Saki Naka, Andheri (E), Mumbai
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