Nitin Spinners Limited, Fundamental analysis

Industry Industry name	Textiles
Variance Full Year Net Profit Variance	1
Equity Latest Equity	56.22
Face Value Latest Face Value	10
Reserves Total Reserve	1414.51
Dividend Full Year Dividend %	30
Sales Turnover Full Year Net Sales	3213.87
Net Profit Full Year Net Profit	177.55
Full Year CPS Full Year Cash Per Share	57.9
Earning Per Share Full Year Earning Per Share	31.6
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	859.79
Previous EPS Previous earnings per share	0
Book Value Book value	261.6
Networth Full Year Return on Networth	14.28
Price/Book Value Price to Book value	2.052752
Yearly PE ratio Full Year Price to Earning per share	17
Yearly PC ratio Full Year Price to Cash Per Share	9.3
Bse value BSE Value in lakhs	3.75
Nse value NSE Value in lakhs	170.97
High 52 week high	581
Low 52 week low	300
Price NSE Current market price	535
CPM Current market price	537

Market cap BSE / NSE Market Cap	3016.2
Net profit Latest Quarter Net Profit	57.36
Net profit variance Latest Quarter Net Profit variance	24
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	3176.63
TTM OP Trailing Twelve 12 month Operating Profit	452.92
TTM OPM Trailing Twelve 12 month Operating Profit Margin	14.26
TTM GP Trailing Twelve 12 month Gross Profit	386.9
TTM GPM Trailing Twelve 12 month Gross Profit Margin	12.04
TTM NP Trailing Twelve 12 month Net Profit	155.2
TTM NPV Trailing Twelve 12 month Net Profit Variane	1.21
TTM EPS Trailing Twelve 12 month EPS	31.58
TTM PE Trailing Twelve 12 month PE	16.99
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	144.84
Equity Latest Equity	56.22
LTP Latest Price (BSE/NSE)	537
Gross block Latest Gross Block	2310.76
Loans Total loans	0
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	14.1
Year GPM Full Year Gross Profit Margin	12
Quarter OPM Latest quater Operation Profit Margin	15.2

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	803	823	839	841	793	760	801	860
YOY Sales Growth %	30%	12%	12%	5%	-1%	-8%	-5%	2%
Gross Sales	803	823	839	841	793	760	801	860
+ Expenses	684	707	722	721	682	661	689	729
Material Cost %	66%	68%	60%	57%	67%	69%	59%	53%
Raw Material Cost	518	541	518	511	515	502	485	497
Change in Inventory	14	18	-17	-28	13	24	-12	-42
Manufacturing Cost %	16%	16%	16%	16%	16%	17%	17%	17%
Employee Cost %	6%	6%	6%	6%	7%	7%	7%	6%
Other Cost %	-3%	-4%	4%	7%	-3%	-6%	3%	10%
Raw Materials %	65%	66%	62%	61%	65%	66%	61%	58%
Purchase of Finished Goods %	0%	0%	0%	0%	0%	0%	0%	0%
Stock Adjustments %	-2%	-2%	2%	3%	-2%	-3%	2%	5%
Power & Fuel %	9%	9%	9%	8%	9%	9%	9%	9%
Other Manufacturing Expenses %	8%	8%	8%	7%	7%	8%	8%	8%
Operating Profit	119	115	117	120	111	100	112	130
OPM %	15%	14%	14%	14%	14%	13%	14%	15%
+ Other Income	1	1	1	1	2	1	1	2
Miscellaneous Income	1	1	1	1	2	1	1	2
Interest	27	22	21	21	21	16	17	17
Depreciation	37	37	37	37	37	37	37	37
Profit before tax	57	57	60	63	55	47	58	78
+ Tax %	26%	26%	25%	27%	26%	26%	24%	27%
Current Tax	13	13	13	15	14	12	14	18
Deferred Tax	2	2	2	2	0	0	0	3
Net Profit	42	42	45	46	41	35	44	57
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Sales	767	933	1,145	1,243	1,438	1,624	2,692	2,407	2,906	3,306
Sales Growth %		22%	23%	8%	16%	13%	66%	-11%	21%	14%
Gross Sales	767	933	1,145	1,243	1,438	1,624	2,692	2,407	2,906	3,306
Excise Duty	0	0	0	0	0	0	0	0	0	0
Other Operating Income	1	0	0	0	0	0	0	0	0	0
+ Expenses	630	800	990	1,064	1,268	1,367	2,045	2,110	2,529	2,834
Material Cost %	60%	63%	64%	67%	70%	58%	55%	68%	66%	64%
Raw Material Cost	462	617	714	844	1,007	972	1,570	1,641	1,890	2,089
Change in Inventory	2	-28	13	-7	-2	-26	-94	-10	19	13
Manufacturing Cost %	12%	14%	14%	10%	9%	14%	11%	11%	12%	12%
Employee Cost %	6%	6%	5%	5%	7%	7%	5%	6%	6%	6%
Other Cost %	4%	4%	3%	3%	3%	5%	6%	3%	3%	4%
Raw Materials %	60%	66%	62%	68%	70%	60%	58%	68%	65%	63%
Purchase of Finished Goods %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Stock Adjustments %	-0%	3%	-1%	1%	0%	2%	3%	0%	-1%	-0%
Power & Fuel %	8%	10%	11%	6%	11%	11%	8%	8%	9%	9%
Other Manufacturing Expenses %	4%	4%	3%	3%	-2%	3%	3%	3%	3%	3%
Selling & Administration %	4%	3%	3%	3%	3%	4%	5%	3%	3%	4%
Miscellaneous Expenses %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Operating Profit	137	133	155	178	170	257	647	297	377	471
OPM %	18%	14%	14%	14%	12%	16%	24%	12%	13%	14%
+ Other Income	1	1	2	3	2	2	2	3	2	4
Miscellaneous Income	0	1	2	3	2	2	2	3	2	4
Interest	33	22	30	29	56	62	55	38	83	90
Depreciation	40	42	56	55	81	91	87	87	118	148
Profit before tax	65	70	71	97	36	107	506	176	178	237
+ Tax %	32%	18%	27%	34%	33%	35%	36%	6%	26%	26%
Current Tax	12	2	11	35	0	0	168	43	27	54
Deferred Tax	9	11	8	-2	12	38	12	-32	19	8
+ Net Profit	44	57	52	64	24	69	326	165	132	175
Profit Growth %		30%	-9%	22%	-63%	189%	373%	-49%	-20%	33%
Extraordinary Income / Expense	0	0	0	0	0	0	-5	0	0	0
Exceptional Item	0	0	0	0	0	0	-5	0	0	0
EPS in Rs

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	46	46	56	56	56	56	56	56	56	56
Reserves	160	218	361	426	438	507	820	973	1,090	1,255
+ Borrowings	352	568	449	860	1,040	962	689	980	1,339	1,165
Secured Borrowings	352	563	449	860	1,040	961	689	980	1,339	1,165
Unsecured Borrowings	0	5	0	0	1	1	0	0	0	0
Deferred Credit	0	0	0	0	0	0	0	0	0	0
+ Other Liabilities	77	53	63	93	111	151	260	209	231	256
Current Liabilities	74	88	103	117	169	199	258	207	228	253
Provisions	6	1	2	4	2	5	12	3	6	10
Other liability items	5	8	9	12	17	20	5	5	6	8
Total Liabilities	635	885	929	1,436	1,645	1,676	1,824	2,218	2,717	2,732
+ Fixed Assets	382	613	570	524	1,140	1,060	1,012	1,011	1,709	1,577
Gross Block	625	654	667	675	1,371	1,380	1,395	1,480	2,296	2,311
Accumulated Depreciation	243	41	97	151	231	321	383	469	587	733
CWIP	17	0	4	468	0	2	0	340	2	7
Investments	0	0	0	0	0	0	0	0	0	0
+ Other Assets	236	272	355	445	506	615	812	867	1,005	1,148
Inventories	115	170	205	228	265	355	406	492	564	607
Trade receivables	39	48	88	121	153	166	241	223	321	430
Cash Equivalents	1	1	0	3	0	1	1	0	0	10
Loans n Advances	53	91	102	105	147	150	110	83	105	83
Other asset items	29	-39	-41	-12	-59	-56	55	68	15	19
Total Assets	635	885	929	1,436	1,645	1,676	1,824	2,218	2,717	2,732

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
+ Cash from Operating Activity	100	54	66	104	98	155	431	194	163	307
Profit Before Tax & Extraordinary Items	65	70	71	97	36	107	511	176	178	237
Depreciation	40	42	56	55	81	91	87	87	118	148
Interest (Net)	33	22	30	29	56	62	55	38	83	90
Profit / Loss on Sale of Assets	0	0	0	0	0	0	0	-1	0	0
Receivables	1	-9	-40	-33	-32	-13	-75	18	-99	-108
Inventories	-21	-55	-35	-22	-37	-90	-52	-86	-72	-43
Loans & Advances	-8	-10	0	0	0	0	0	0	0	0
Direct Taxes Paid	-13	-16	-15	-19	-10	-16	-102	-53	-26	-53
+ Cash from Investing Activity	-36	-241	-20	-483	-217	-11	-86	-433	-426	-22
Purchase of Fixed Assets	-5	-273	-13	-9	-697	-12	-50	-87	-817	-16
Sale of Fixed Assets	0	0	0	0	0	1	6	1	1	0
Capital WIP	-31	32	-8	-475	480	-1	-42	-348	391	-5
Others	0	0	0	0	0	0	0	0	0	0
+ Cash from Financing Activity	-65	188	-47	382	116	-144	-345	239	262	-279
Proceeds from Issue of Shares	0	0	112	8	0	0	0	0	0	0
Proceeds from Other Long-Term Borrowings	0	215	0	365	122	2	0	260	395	0
Proceeds from Short-Term Borrowings	4	54	0	98	101	0	0	123	70	0
Repayment of Long-Term Borrowings	-31	-53	-94	-51	-43	-78	-180	-92	-106	-145
Repayment of Short-Term Borrowings	0	0	-25	0	0	-3	-93	0	0	-29
Dividend Paid	-5	-5	-6	-7	-7	-3	-17	-14	-14	-14
Others	-1	-1	-5	-1	-1	0	0	0	0	0
Net Cash Flow	0	1	-1	3	-3	0	0	0	0	7