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Nitin Spinners Limited (IN:NITINSPIN)
:NITINSPIN
India Market
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Nitin Spinners Limited (NITINSPIN) AI Stock Analysis

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IN:NITINSPIN

Nitin Spinners Limited

(NITINSPIN)

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Neutral 69 (OpenAI - 4o)
Rating:69Neutral
Price Target:
₹375.00
▲(13.38% Upside)
Nitin Spinners Limited shows a strong financial performance with robust revenue and cash flow growth, which is the most significant factor in its overall score. The technical analysis indicates a neutral to slightly bearish short-term trend, while the valuation suggests the stock is fairly priced. The absence of earnings call data and corporate events means these factors do not influence the score.

Nitin Spinners Limited (NITINSPIN) vs. iShares MSCI India ETF (INDA)

Nitin Spinners Limited Business Overview & Revenue Model

Company DescriptionNitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India. The company offers ring spun carded, ring spun, compact ring spun combed, compact ring spun, blended ring spun, fancy slub, compact fancy slub, core spun, compact core spun, S and Z twist, organic cotton, BCI/TBC certified, Supima and Giza certified, contamination free, zero and eli twist, and open end yarns; poly /cotton blended open end yarns; combed, compact, and carded multi-fold ring spun yarns; and yarns made out of recycled fibers, as well as dye able cheese/cones used in woven and knitted apparel, furnishing fabrics, denims, terry towel, medical fabrics, tea bags, and bed linen. It also provides single jersey, Lycra blended, pique structured, interlock structured, rib structured, and 3 T fleece fabrics used in inner, comfort, sports, baby, and winter wears. In addition, the company offers finished and printed woven fabrics used in fashion and image wears, uniforms, health care apparels, hotel apparels, industrial and protective apparels, and defense apparels. It also exports its products to approximately 50 countries. The company was incorporated in 1992 and is headquartered in Bhilwara, India.
How the Company Makes MoneyNitin 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 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
82
Very Positive
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
75
Positive
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
78
Positive
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.
BreakdownTTMDec 2025Dec 2023Dec 2022Dec 2022Dec 2021
Income Statement
Total Revenue33.06B33.06B28.81B26.64B24.07B16.09B
Gross Profit8.35B9.22B6.21B9.02B7.76B4.28B
EBITDA4.74B4.71B3.77B6.49B3.00B2.59B
Net Income1.75B1.75B1.32B3.26B1.65B688.72M
Balance Sheet
Total Assets27.32B27.32B27.17B18.24B22.18B16.76B
Cash, Cash Equivalents and Short-Term Investments95.13M95.13M663.00K2.60M17.88M206.00K
Total Debt11.65B11.65B13.39B6.89B9.80B9.62B
Total Liabilities14.21B14.21B15.70B9.49B11.89B11.13B
Stockholders Equity13.11B13.11B11.46B8.76B10.29B5.63B
Cash Flow
Free Cash Flow0.002.86B-6.53B3.39B-2.42B1.42B
Operating Cash Flow0.003.07B1.63B4.31B1.94B1.55B
Investing Cash Flow0.00-215.84M-4.26B-859.05M-4.33B-112.23M
Financing Cash Flow0.00-2.79B2.62B-3.45B2.39B-1.44B

Nitin Spinners Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price330.75
Price Trends
50DMA
350.98
Negative
100DMA
368.62
Negative
200DMA
372.64
Negative
Market Momentum
MACD
-1.04
Negative
RSI
47.97
Neutral
STOCH
56.41
Neutral
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 330.75 is below the 20-day moving average (MA) of 340.56, below the 50-day MA of 350.98, and below the 200-day MA of 372.64, indicating a neutral trend. The MACD of -1.04 indicates Negative momentum. The RSI at 47.97 is Neutral, neither overbought nor oversold. The STOCH value of 56.41 is Neutral, 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
69
Neutral
₹18.59B10.670.90%6.61%20.42%
67
Neutral
₹30.43B8.5410.71%0.88%1.39%2.04%
54
Neutral
₹29.91B43.7513.67%0.39%19.59%13.81%
52
Neutral
₹13.77B20.30-198.92%13.28%-15.68%
49
Neutral
₹20.56B-23.29-0.70%
45
Neutral
₹5.75B-6.60-7.64%-1.25%25.22%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:NITINSPIN
Nitin Spinners Limited
330.75
-49.51
-13.02%
IN:MADRASFERT
Madras Fertilizers Ltd
85.46
-17.14
-16.71%
IN:MOL
Meghmani Organics Limited
80.84
-19.91
-19.76%
IN:PRAKASH
Prakash Industries Limited
169.90
-10.42
-5.78%
IN:RAMRAT
Ram Ratna Wires Limited
641.40
-8.86
-1.36%
IN:SUTLEJTEX
Sutlej Textiles & Industries Ltd.
35.11
-36.60
-51.04%

Nitin Spinners Limited Corporate Events

Nitin Spinners Expands into Renewable Energy with Strategic Acquisition
Aug 30, 2025

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
Aug 13, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Sep 25, 2025