NITINSPIN — Nitin Spinners Share Price
0.000.00%
Last trade - 00:00- IN₹20.58bn
- IN₹32.73bn
- IN₹23.85bn
- 48
- 48
- 84
- 68
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 7.84 | ||
| PEG Ratio (f) | 0.18 | ||
| EPS Growth (f) | 76.23% | ||
| Dividend Yield (f) | 1.91% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 1.92 | ||
| Price to Tang. Book | 1.92 | ||
| Price to Free Cashflow | n/a | ||
| Price to Sales | 0.75 | ||
| EV to EBITDA | 9.87 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 11.17% | ||
| Return on Equity | 12.89% | ||
| Operating Margin | 8.27% | ||
Financial Summary
| Year End 31st Mar | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | IN₹m | 12,425.1 | 14,380.61 | 16,244.12 | 26,639.72 | 23,850.35 | 29,724 | 41,604 | 15.8% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +8.49 | -63.29 | +189.97 | +379.65 | -50.15 | -9.14 | +76.23 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Nitin Spinners Limited is an India-based company, which is engaged in the business of textiles. The Company is a manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics. Its range of yarns includes cotton ring spun carded yarns from Ne 12 to Ne 50, cotton ring spun yarns from Ne 12 to Ne 30, cotton compact ring spun combed yarns from Ne 12 to Ne 100, cotton compact ring spun carded yarns from Ne 12 to Ne 30, poly/cotton blended ring spun yarns Ne 10 to 50, and core spun yarns, among others. Its range of knitted fabrics includes single jersey, lycra blended fabrics, pique structures, interlock structures, Rib structures, and 3 T Fleece fabrics. It offers finished and printed fabrics, such as cotton, cotton spandex fabrics, poly/cotton, poly/cotton spandex fabrics, bleached, dyed, print and yarn-dyed fabrics with various special finishes like Teflon, and wrinkle-free, and various weaves -twills, gabardines, broken twill, ripstop, canvas, Mattie’s, ducks, plain and dobby.
Directors
- R. Nolkha CHM (66)
- Sudhir Garg CCO
- P. Maheshwari VFN
- Sandeep Kumar VPR
- Dinesh Nolkha MDR (42)
- Ratnesh Kumar GMG
- K. Pareek GMG
- S. Ranka GMG
- Tarun Sahu GMG
- Umesh Toshniwal GMG
- Nitin Nolkha EDR
- R. Chattopadhyay NID
- Aditi Mehta NID
- Last Annual
- March 31st, 2023
- Last Interim
- December 31st, 2023
- Incorporated
- October 15th, 1992
- Public Since
- January 27th, 2006
- No. of Shareholders
- 41,219
- No. of Employees
- 5,229
- Sector
- Textiles & Apparel
- Industry
- Consumer Cyclicals
- Exchange
- National Stock Exchange of India
- Shares in Issue
- 56,220,000
- Address
- 16-17 Km Stone, Chittor Road, Hamirgarh, BHILWARA, 311025
- Web
- https://nitinspinners.com/
- Phone
- +91 1482286110
- Auditors
- Kalani & Co
Upcoming Events for NITINSPIN
Q4 2024 Nitin Spinners Ltd Earnings Call
Q1 2025 Nitin Spinners Ltd Earnings Release
Nitin Spinners Ltd Annual Shareholders Meeting
Similar to NITINSPIN
Aarvee Denims and Exports
National Stock Exchange of India
A B Cotspin India
National Stock Exchange of India
Abhishek
National Stock Exchange of India
Aki India
National Stock Exchange of India
Akshar Spintex
National Stock Exchange of India
FAQ
What is the Nitin Spinners share price?
As of Today at 01:15 UTC, shares in Nitin Spinners are trading at IN₹366.10. This share price information is delayed by 15 minutes.
How has the Nitin Spinners share price performed this year?
Shares in Nitin Spinners last closed at IN₹366.10 and the price had moved by +41.95% over the past 365 days. In terms of relative price strength the Nitin Spinners share price has outperformed the S&P BSE 100 Index by +10.28% over the past year.
What are the analyst and broker recommendations for Nitin Spinners?
The overall consensus recommendation for Nitin Spinners is Strong Buy. You can view the full broker recommendation list by unlocking its StockReport.
What is the Nitin Spinners dividend yield?
The Nitin Spinners dividend yield is 0.68% based on the trailing twelve month period.
Does Nitin Spinners pay a dividend?
Last year, Nitin Spinners paid a total dividend of IN₹2.50, and it currently has a trailing dividend yield of 0.68%. We do not have any data on when Nitin Spinners is to next pay dividends.
When does Nitin Spinners next pay dividends?
We do not have data on when Nitin Spinners is to next pay dividends. The historic dividend yield on Nitin Spinners shares is currently 0.68%.
How do I buy Nitin Spinners shares?
To buy shares in Nitin Spinners you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
What is the market cap of Nitin Spinners?
As of the previous close price of IN₹366.10, shares in Nitin Spinners had a market capitalisation of IN₹20.58bn.
Where are Nitin Spinners shares listed?
Here are the trading details for Nitin Spinners:
- Country of listing: India
- Exchange: NSI
- Ticker Symbol: NITINSPIN
What kind of share is Nitin Spinners?
Based on an overall assessment of its quality, value and momentum Nitin Spinners is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
Is there a Nitin Spinners share price forecast for 2024?
The analyst consensus target price for shares in Nitin Spinners is IN₹514.00. That is 40.4% above the last closing price of IN₹366.10.
Analysts covering Nitin Spinners currently have a consensus Earnings Per Share (EPS) forecast of IN₹26.50 for the next financial year.
What is the trend in the Nitin Spinners share price?
An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Nitin Spinners. Over the past six months, its share price has outperformed the S&P BSE 100 Index by +6.42%.
As of the last closing price of IN₹366.10, shares in Nitin Spinners were trading +15.65% higher than their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
What is the Nitin Spinners PE Ratio?
The Nitin Spinners PE ratio based on its reported earnings over the past 12 months is 7.84. The shares last closed at IN₹366.10.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Who are the key directors of Nitin Spinners?
Nitin Spinners' management team is headed by:
- R. Nolkha - CHM
- Sudhir Garg - CCO
- P. Maheshwari - VFN
- Sandeep Kumar - VPR
- Dinesh Nolkha - MDR
- Ratnesh Kumar - GMG
- K. Pareek - GMG
- S. Ranka - GMG
- Tarun Sahu - GMG
- Umesh Toshniwal - GMG
- Nitin Nolkha - EDR
- R. Chattopadhyay - NID
- Aditi Mehta - NID