ScoreWhy is Nitin Spinners Ltd ?
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
- OPERATING PROFIT TO INTEREST(Q) Highest at 5.67 times
- NET SALES(Q) Highest at Rs 838.87 cr
- PBT LESS OI(Q) Highest at Rs 59.23 cr.
4
Stock is technically in a Mildly Bearish range
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
5
With ROCE of 12.9, it has a Very Attractive valuation with a 1.3 Enterprise value to Capital Employed
- The stock is trading at a discount compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -2.23%, its profits have risen by 28.5% ; the PEG ratio of the company is 0.4
6
Increasing Participation by Institutional Investors
- Institutional investors have increased their stake by 1.4% over the previous quarter and collectively hold 16.99% of the company
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors
Real-Time Research ReportHow much should you hold?
- Overall Portfolio exposure to Nitin Spinners should be less than 10%
- Overall Portfolio exposure to Textile should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Textile )
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Nitin Spinners for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Nitin Spinners
-1.8%
-0.05
42.55%
SENSEX
0.45%
0.02
14.48%
Quality
Management Risk
Growth
Capital StructureQuality key factors
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%
ValuationValuation 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%
Loading Valuation Snapshot...
TechnicalsTechnical 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
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend14What is working for the Company
OPERATING PROFIT TO INTEREST(Q)
Highest at 5.67 times
NET SALES(Q)
Highest at Rs 838.87 cr
PBT LESS OI(Q)
Highest at Rs 59.23 cr.
PAT(Q)
Highest at Rs 44.78 cr.
EPS(Q)
Highest at Rs 7.97
-1What is not working for the Company
DEBTORS TURNOVER RATIO(HY)
Lowest at 6.88 times
Loading Valuation Snapshot...
Here's what is working for Nitin Spinners
Operating Profit to Interest - Quarterly
Highest at 5.67 times and Grown
each quarter in the last five quartersMOJO Watch
The company's ability to manage interest payments is improving
Operating Profit to Interest
Net Sales - Quarterly
Highest at Rs 838.87 cr and Grown
each quarter in the last five quartersMOJO Watch
Near term sales trend is very positive
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at Rs 59.23 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PBT trend is very positive
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Highest at Rs 44.78 cr. and Grown
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 7.97
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Nitin Spinners
Debtors Turnover Ratio- Half Yearly
Lowest at 6.88 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
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