Nitin Spinners Limited (NITINSPIN) AI Stock Analysis

• Market Cap: ₹17.18B
• Dividend Yield: 0.98%
• Average Volume (3M): 5.36K
• Price to Earnings (P/E): 10.3
• Beta (1Y): 1.01
• Revenue Growth: 1.79%
• EPS Growth: 7.55%
• Country: IN
• Employees: 7,142
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Apparel - Manufacturers
• EPS (TTM): 6.19
• Shares Outstanding: 56,220,000
• 10 Day Avg. Volume: 4,582
• 30 Day Avg. Volume: 5,360
• PEG Ratio: 0.32
• Price to Book (P/B): 1.42
• Price to Sales (P/S): 0.56
• P/FCF Ratio: 6.49
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 67 Neutral
• Price Target: ₹353.00 ▲(15.51% Upside)

Nitin Spinners Limited shows strong financial performance with impressive revenue and cash flow growth, which is the most significant factor in its overall score. However, technical analysis indicates a bearish trend, which negatively impacts the stock's attractiveness. The valuation is reasonable, providing a balanced view of the stock's potential. The absence of recent earnings call data and corporate events means these factors do not influence the score.

Nitin Spinners Limited Business Overview & Revenue Model

Company Description

Nitin Spinners Limited (NITINSPIN) is a leading manufacturer of yarn and fabric based in India, primarily operating in the textile industry. The company specializes in producing a wide range of cotton and blended yarns, catering to various sectors including apparel, home textiles, and industrial textiles. With a strong emphasis on quality and innovation, NITINSPIN serves both domestic and international markets, contributing significantly to the textile supply chain.

How the Company Makes Money

Nitin Spinners generates revenue primarily through the production and sale of yarn and fabric. The company has established several key revenue streams, including the sale of cotton yarn, blended yarn, and specialty yarns that cater to specific customer needs. Additionally, NITINSPIN capitalizes on its manufacturing capabilities by exporting products to international markets, which enhances its earnings through foreign sales. The company also benefits from strategic partnerships with textile distributors and manufacturers, allowing for a broader reach and increased sales volume. Factors such as economies of scale in production, adherence to quality standards, and a strong brand reputation contribute to NITINSPIN's financial success.

Nitin Spinners Limited Financial Statement Overview

Summary

Nitin Spinners Limited demonstrates a strong financial position with impressive revenue and free cash flow growth, supported by efficient cost management and stable profitability margins. While the debt levels are moderate, careful monitoring is necessary to maintain financial stability. Overall, the company is well-positioned in its industry, showing 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	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	32.96B	33.06B	29.06B	23.85B	26.64B	16.09B
Gross Profit	9.14B	9.22B	6.21B	7.76B	9.02B	4.28B
EBITDA	4.67B	4.75B	3.77B	3.00B	6.49B	2.59B
Net Income	1.74B	1.75B	1.32B	1.65B	3.26B	688.72M
Balance Sheet
Total Assets	0.00	27.32B	27.17B	22.18B	18.24B	16.76B
Cash, Cash Equivalents and Short-Term Investments	95.13M	123.13M	663.00K	17.88M	2.60M	206.00K
Total Debt	0.00	11.65B	13.39B	9.80B	6.89B	9.62B
Total Liabilities	-13.11B	14.21B	15.70B	11.89B	9.49B	11.13B
Stockholders Equity	13.11B	13.11B	11.46B	10.29B	8.76B	5.63B
Cash Flow
Free Cash Flow	0.00	2.86B	-6.53B	-2.42B	3.39B	1.42B
Operating Cash Flow	0.00	3.07B	1.63B	1.94B	4.31B	1.55B
Investing Cash Flow	0.00	-215.84M	-4.26B	-4.33B	-859.05M	-112.23M
Financing Cash Flow	0.00	-2.79B	2.62B	2.39B	-3.45B	-1.44B

Nitin Spinners Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 305.60
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• 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 305.6 is below the 20-day moving average (MA) of 325.00, below the 50-day MA of 331.40, and below the 200-day MA of 356.59, indicating a bearish trend. The MACD of -3.93 indicates Positive momentum. The RSI at 36.95 is Neutral, neither overbought nor oversold. The STOCH value of 9.01 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	67 Neutral	₹17.18B	10.29	―	0.98%	1.79%	7.55%
PRAKASH	67 Neutral	₹29.92B	8.39	―	0.93%	1.39%	2.04%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
RAMRAT	60 Neutral	₹29.16B	42.66	―	0.41%	19.59%	13.81%
MADRASFERT	48 Neutral	₹13.14B	18.78	―	―	13.28%	-15.68%
MOL	46 Neutral	₹19.25B	―	―	―	―	―
SUTLEJTEX	45 Neutral	₹5.76B	-6.61	―	―	-1.07%	-5.16%

Nitin Spinners Limited Corporate Events

Nitin Spinners Expands into Renewable Energy with Strategic Acquisition

Nitin Spinners Limited has announced the acquisition of 1,71,36,363 equity shares of CGE II Hybrid Energy Private Limited, a company involved in renewable energy generation. This acquisition aims to enhance the renewable power supply for Nitin Spinners’ plants in Rajasthan, qualifying them as captive consumers under the Electricity Act/Rules. The acquisition is not a related party transaction and was completed on August 29, 2025. This move is expected to strengthen Nitin Spinners’ operations by securing a sustainable energy source, potentially improving their market positioning in the textile industry.

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.