Nitin Spinners Limited (NITINSPIN) AI Stock Analysis

• Market Cap: ₹18.36B
• Dividend Yield: 0.75%
• Average Volume (3M): 5.60K
• Price to Earnings (P/E): 10.5
• Beta (1Y): 0.96
• Revenue Growth: 6.61%
• EPS Growth: 20.42%
• Country: IN
• Employees: 7,142
• Sector: Basic Materials
• Sector Strength: 60
• Industry: Apparel - Manufacturers
• EPS (TTM): 7.29
• Shares Outstanding: 56,220,000
• 10 Day Avg. Volume: 7,703
• 30 Day Avg. Volume: 5,604
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹421.00
• Price Target Upside: 26.07% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 70 Outperform
• Price Target: ₹421.00 ▲(26.07% Upside)

Nitin Spinners Limited scores well due to its strong financial performance, characterized by revenue and free cash flow growth, and efficient cost management. The stock's valuation is attractive with a reasonable P/E ratio, though the dividend yield is modest. Technical indicators suggest some caution due to recent weakness, but there is potential for upward momentum. Overall, the company is in a stable financial position with growth potential, making it an appealing investment option in its industry.

Nitin Spinners Limited Business Overview & Revenue Model

Company Description

Nitin Spinners Limited (NITINSPIN) is a leading textile manufacturer in India, specializing in the production of cotton yarns and fabrics. The company operates in the textile sector, providing a wide range of products including open-end yarns, ring-spun yarns, knitted fabrics, and woven fabrics. With a focus on quality and innovation, Nitin Spinners serves both domestic and international markets, catering to the needs of apparel, home textiles, and industrial segments.

How the Company Makes Money

Nitin Spinners Limited generates revenue primarily through the manufacturing and sale of its textile products. The company's key revenue streams include the sale of cotton yarns and fabrics to various industries such as apparel manufacturers, home textile producers, and industrial users. By exporting a significant portion of its products, Nitin Spinners taps into international markets, which contributes substantially to its earnings. Additionally, the company benefits from economies of scale due to its large-scale production capabilities, enhancing its competitive advantage. Strategic partnerships with suppliers and distributors further bolster its market presence and revenue generation.

Nitin Spinners Limited Financial Statement Overview

Summary

Nitin Spinners Limited demonstrates strong financial performance with impressive revenue growth and free cash flow improvement. The company maintains efficient cost management and stable profitability margins. Although debt levels are moderate, the overall financial position is solid, indicating robust growth potential and operational efficiency.

Income Statement

The income statement shows a strong revenue growth, with a 14.73% increase from the previous year. Gross profit margin is solid at 27.89%, indicating efficient production cost management. The net profit margin is 5.31%, reflecting moderate profitability. EBIT and EBITDA margins are 9.79% and 14.26% respectively, suggesting effective operational efficiency. Overall, the company demonstrates positive growth and profitability trends.

Balance Sheet

The balance sheet reveals a debt-to-equity ratio of 0.89, indicating a moderate level of leverage which suggests a balanced approach to financing. However, the equity ratio is 47.98%, reflecting a stable financial base. Return on Equity stands at 13.38%, showcasing the company's capability to generate profits from shareholders' investments. The company's financial position appears stable, though attention to debt levels is advised.

Cash Flow

Cash flow analysis shows a remarkable improvement in free cash flow, with a growth rate of 143.71% from the previous year. The operating cash flow to net income ratio is 1.75, indicating strong cash generation relative to reported earnings. The free cash flow to net income ratio is 1.63, underscoring effective cash management. These metrics highlight a robust cash flow situation, supporting the company's growth and operational needs.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	33.06B	28.81B	26.64B	24.07B	16.09B
Gross Profit	9.22B	6.21B	9.02B	7.76B	4.28B
EBITDA	4.71B	3.77B	6.49B	3.00B	2.59B
Net Income	1.75B	1.32B	3.26B	1.65B	688.72M
Balance Sheet
Total Assets	27.32B	27.17B	18.24B	22.18B	16.76B
Cash, Cash Equivalents and Short-Term Investments	95.13M	663.00K	2.60M	17.88M	206.00K
Total Debt	11.65B	13.39B	6.89B	9.80B	9.62B
Total Liabilities	14.21B	15.70B	9.49B	11.89B	11.13B
Stockholders Equity	13.11B	11.46B	8.76B	10.29B	5.63B
Cash Flow
Free Cash Flow	2.86B	-6.53B	3.39B	-2.42B	1.42B
Operating Cash Flow	3.07B	1.63B	4.31B	1.94B	1.55B
Investing Cash Flow	-215.84M	-4.26B	-859.05M	-4.33B	-112.23M
Financing Cash Flow	-2.79B	2.62B	-3.45B	2.39B	-1.44B

Nitin Spinners Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 333.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NITINSPIN, the sentiment is Negative. The current price of 333.95 is below the 20-day moving average (MA) of 367.72, below the 50-day MA of 380.79, and below the 200-day MA of 384.58, indicating a bearish trend. The MACD of -14.76 indicates Positive momentum. The RSI at 25.13 is Positive, neither overbought nor oversold. The STOCH value of 7.92 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NITINSPIN.

Nitin Spinners Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NITINSPIN	70 Outperform	₹18.36B	10.53		0.75%	6.61%	20.42%
PRAKASH	64 Neutral	₹28.71B	8.06		0.75%	1.39%	2.03%
RAMRAT	63 Neutral	₹31.86B	46.61		0.73%	19.59%	13.81%
MADRASFERT	52 Neutral	₹14.07B	20.76		―	13.28%	-15.77%
SUTLEJTEX	49 Neutral	₹6.21B	―		2.53%	-1.25%	25.22%
Sector *	44 Neutral	C$925.05M	-8.84	-0.23%	2.68%	24.67%	-41.39%
MOL	43 Neutral	₹21.25B	―		―	―	―

Nitin Spinners Limited Corporate Events

Nitin Spinners Announces 33rd AGM via Virtual Conference

Nitin Spinners Limited has announced the publication of a notice regarding its 33rd Annual General Meeting, which is scheduled for September 6, 2025. The meeting will be conducted through video conferencing and other audio-visual means, allowing for remote participation and voting. This announcement is part of the company’s compliance with SEBI regulations, ensuring transparency and accessibility for its stakeholders.