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Nitin Spinners Share Price

  • 427.103.61 (0.86%)
  • Volume: 1,34,707
  • Closed
  • Last Updated On: 04 Sep, 2024, 03:57 PM IST
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Nitin Spinners Share Pr...

  • 427.103.61 (0.86%)
  • Volume: 1,34,707
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Nitin Spinners share price insights

  • Company has spent 2.87% of its operating revenues towards interest expenses and 6.09% towards employee cost in the year ending Mar 31, 2024. (Source: Standalone Financials)

  • Stock gave a 3 year return of 97.09% as compared to Nifty Smallcap 100 which gave a return of 84.96%. (as of last trading session)

  • Nitin Spinners Ltd. share price moved up by 0.86% from its previous close of Rs 423.50. Nitin Spinners Ltd. stock last traded price is 427.10

    Share PriceValue
    Today/Current/Last427.10
    Previous Day423.50422.70

InsightsNitin Spinners

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    Key Metrics

    PE Ratio
    (x)    		16.59
    EPS - TTM
    (₹)    		25.74
    MCap
    (₹ Cr.)    		2,385.98
    Sectoral MCap Rank
    		12
    PB Ratio
    (x)    		2.08
    Div Yield
    (%)    		0.59
    Face Value
    (₹)    		10.00
    Beta

    Beta

    1 Month2.12
    3 Months1.33
    6 Months1.35
    1 Year1.10
    3 Years1.33

    		2.12
    VWAP
    (₹)    		420.86
    52W H/L
    (₹)
    474.00 / 260.50

    Nitin Spinners Share Price Returns

    1 Day0.86%
    1 Week-0.44%
    1 Month1.23%
    3 Months40.15%
    1 Year35.09%
    3 Years97.09%
    5 Years796.33%

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    Nitin Spinners News & Analysis

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    Nitin Spinners Share Analysis

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    Nitin Spinners Share Recommendations

    Recent Recos

    STRONG BUY

    Current

    Mean Recos by 1 Analysts

    Strong
    Sell    SellHoldBuyStrong
    Buy
    • Target₹507
    • OrganizationHem Securities
    • BUY

    Analyst Trends

    RatingsCurrent1 Week Ago1 Month Ago3 Months Ago
    Strong Buy1111
    Buy----
    Hold----
    Sell----
    Strong Sell----
    # Analysts1111
    View all Stock Recommendations

    Nitin Spinners Financials

    • Income (P&L)

    • Balance Sheet

    • Cash Flow

    • Ratios

    • Insights

      • Employee & Interest Expense

        Company has spent 2.87% of its operating revenues towards interest expenses and 6.09% towards employee cost in the year ending Mar 31, 2024. (Source: Standalone Financials)
      Quarterly | AnnualJun 2024Mar 2024Dec 2023Sep 2023Jun 2023
      Total Income804.40801.33750.72737.72618.13
      Total Income Growth (%)0.386.741.7619.35-5.80
      Total Expenses720.88720.72682.47679.83564.04
      Total Expenses Growth (%)0.025.600.3920.53-6.79
      EBIT83.5280.6168.2557.8954.08
      EBIT Growth (%)3.6118.1217.887.055.98
      Profit after Tax (PAT)42.1239.1731.7531.7028.90
      PAT Growth (%)7.5123.390.159.69-25.01
      EBIT Margin (%)10.3810.069.097.858.75
      Net Profit Margin (%)5.244.894.234.304.68
      Basic EPS (₹)7.496.975.655.645.14
      Quarterly | Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Revenue2,907.902,410.022,694.161,626.311,440.19
      Total Revenue Growth (%)20.66-10.5565.6612.9215.65
      Total Expenses2,730.372,234.142,183.441,519.791,404.54
      Total Expenses Growth (%)22.212.3243.678.2122.35
      Profit after Tax (PAT)131.52164.81326.1468.8723.82
      PAT Growth (%)-20.20-49.47373.54189.17-62.85
      Operating Profit Margin (%)8.978.8721.0210.346.34
      Net Profit Margin (%)4.526.8412.114.231.65
      Basic EPS (₹)23.3929.3258.0112.254.24

      All figures in Rs Cr, unless mentioned otherwise

      View Details

      No reported Profit & Loss Statement are available.

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Total Assets2,716.652,217.981,824.371,676.321,645.26
      Total Assets Growth (%)22.4821.588.831.8914.55
      Total Liabilities1,570.321,189.08948.561,112.971,151.23
      Total Liabilities Growth (%)32.0625.36-14.77-3.3220.71
      Total Equity1,146.331,028.90875.81563.35494.03
      Total Equity Growth (%)11.4117.4855.4614.032.38
      Current Ratio (x)1.541.501.831.271.15
      Total Debt to Equity (x)1.170.950.791.501.95
      Contingent Liabilities0.001,450.75818.21-57.30

      All figures in Rs Cr, unless mentioned otherwise

      View Details

      No reported Balance Sheet are available.

    • Insights

      • Decrease in Cash from Investing

        Company has used Rs 425.5 cr for investing activities which is an YoY decrease of 1.82%. (Source: Standalone Financials)
      Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Net Cash flow from Operating Activities163.48193.76431.43154.8798.19
      Net Cash used in Investing Activities-425.50-433.40-85.90-11.22-216.72
      Net Cash flow from Financing Activities262.02239.45-345.29-143.75115.90
      Net Cash Flow0.00-0.190.24-0.10-2.63
      Closing Cash & Cash Equivalent0.070.070.260.020.12
      Closing Cash & Cash Equivalent Growth (%)-5.01-73.111,160.19-83.45-95.47
      Total Debt/ CFO (x)8.195.061.605.479.81

      All figures in Rs Cr, unless mentioned otherwise

      View Details

      No reported Cash Flow Statement are available.

    • Annual FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
      Return on Equity (%)11.4716.0137.2312.224.82
      Return on Capital Employed (%)12.5712.6540.0514.007.47
      Return on Assets (%)4.847.4317.874.101.44
      Interest Coverage Ratio (x)4.557.9711.812.731.64
      Asset Turnover Ratio (x)1.181.191.5496.9087.40
      Price to Earnings (x)13.857.703.916.626.61
      Price to Book (x)1.591.231.460.810.32
      EV/EBITDA (x)8.337.493.005.026.52
      EBITDA Margin (%)13.0512.4824.2715.9511.95

      No reported Financial Ratios are available.

    Financial InsightsNitin Spinners

    • Income (P&L)
    • Cash Flow

      • Employee & Interest Expense

        Company has spent 2.87% of its operating revenues towards interest expenses and 6.09% towards employee cost in the year ending Mar 31, 2024. (Source: Standalone Financials)

      • Decrease in Cash from Investing

        Company has used Rs 425.5 cr for investing activities which is an YoY decrease of 1.82%. (Source: Standalone Financials)

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    Nitin Spinners Share Price Forecast

    • PRICE

    • REVENUE

    • EARNINGS

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    Nitin Spinners Peer Comparison

    • Nitin Spinners Stock Performance

    • Ratio Performance

      • CHART
      • TABLE

      Insights

      • Stock Returns vs Nifty Smallcap 100

        Stock gave a 3 year return of 97.09% as compared to Nifty Smallcap 100 which gave a return of 84.96%. (as of last trading session)

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        • Insights

          • Stock Returns vs Nifty Smallcap 100

            Stock gave a 3 year return of 97.09% as compared to Nifty Smallcap 100 which gave a return of 84.96%. (as of last trading session)

          Ratio Performance

          NAMEP/E (x)P/B (x)ROE %ROCE %ROA %Rev CAGR [3Yr]OPMNPMBasic EPSCurrent RatioTotal Debt/ Equity (x)Total Debt/ CFO (x)
          Nitin Spinners16.592.0911.4712.574.8421.148.974.5223.391.541.178.19
          Faze Three Ltd28.683.1312.2318.507.8520.3213.058.2519.161.650.414.23
          Ambika Cotton15.541.157.3311.775.8810.0112.667.64110.004.480.10-0.60
          Ashima Ltd6.302.687.92-3.175.6429.13-3.688.640.932.290.05-0.42
          Nahar Poly Film38.510.780.71-0.040.5925.30-0.06-1.582.312.300.160.00
          Add More
          Annual Ratios (%)

          Choose from Peers

          • Axita Cotton
          • Precot Meridian
          • Vardhman Poly
          • Maral Overseas
          • Ginni Filaments

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            See All Parameters

          Peers InsightsNitin Spinners

          • Stock Returns vs Nifty Smallcap 100

            Stock gave a 3 year return of 97.09% as compared to Nifty Smallcap 100 which gave a return of 84.96%. (as of last trading session)

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          Nitin Spinners Shareholding Pattern

          • QOQ Change

          • Total Shareholdings

          • Loading...
            Showing Nitin Spinners Shareholding as on 30 Jun 2024
            Category30 Jun 202431 Mar 202431 Dec 202330 Sep 2023
            Promoters56.4756.4656.4156.41
            Pledge0.000.000.000.00
            FII0.610.701.091.32
            DII14.9913.7413.3211.24
            Mutual Funds14.9913.7413.3211.24
            Others27.9329.0929.1831.03
          • Showing Shareholding as on 30 Jun 2024
            CategoryNo. of SharesPercentage% Change QoQ
            Promoters3,17,47,00056.47 %0.00
            Pledge00.00 %0.00
            FII3,39,0620.61 %-0.08
            DII84,27,34114.99 %1.25
            MF84,27,34114.99 %1.25
            Others1,57,06,59727.93 %-1.16

          MF Ownership

          MF Ownership as on 31 July 2024

          View all Mutual Fund Schemes

          Top Searches:

          Nitin Spinners News Nitin Spinners Quarterly Results Nitin Spinners Dividend Nitin Spinners Q1 ResultsNitin Spinners Q2 ResultsNitin Spinners Q3 ResultsNitin Spinners Q4 Results

          Corporate Actions

          • Nitin Spinners Board Meeting/AGM

          • Nitin Spinners Dividends

          • Others
          • Meeting DateAnnounced onPurposeDetails
            Jul 22, 2024Jul 15, 2024Board MeetingQuarterly Results
            May 09, 2024Apr 29, 2024Board MeetingAudited Results & Final Dividend
            Jan 29, 2024Jan 17, 2024Board MeetingQuarterly Results
            Dec 27, 2023Dec 01, 2023EGM-
            Nov 09, 2023Oct 26, 2023Board MeetingQuarterly Results
          • TypeDividendDividend per ShareEx-Dividend DateAnnounced on
            Final25%2.5Sep 09, 2024May 09, 2024
            Final25%2.5Sep 11, 2023May 08, 2023
            Final25%2.5Sep 07, 2022May 12, 2022
            Interim15%1.5Feb 10, 2022Jan 25, 2022
            Final15%1.5Sep 08, 2021May 10, 2021

          • No other corporate actions details are available.

          About Nitin Spinners

          Nitin Spinners Ltd., incorporated in the year 1992, is a Small Cap company (having a market cap of Rs 2,401.16 Crore) operating in Textiles sector. Nitin Spinners Ltd. key Products/Revenue Segments include Yarn, Fabric, Others, Other Operating Revenue, Sale of services for the year ending 31-Mar-2023. Show More

          • Executives

          • Auditors

          • RL

            R L Nolkha

            Chairman
            DN

            Dinesh Nolkha

            Managing Director
            NN

            Nitin Nolakha

            Joint Managing Director
            AM

            Aditi Mehta

            Independent Director
            Show More
          • Kalani & Co.

          Industry

          Textiles - Spinning - Cotton Blended

          Key Indices Listed on

          BSE SmallCap, BSE Consumer Discretionary, BSE AllCap, + 1 more

          Address

          16-17 Km. Stone,Chittor Road,Hamirgarh,Bhilwara, Rajasthan - 311025

          Contact

          [email protected]

          http://www.nitinspinners.com

          More Details

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