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Nitin Spinners Ltd

The live share price of Nitin Spinners Ltd (NITINSPIN) as on 04 Oct 9:59am is ₹285.1 from NSE/BSE.

NITINSPIN NSE

₹285.1 ▼-2.18% (-6.35)

As on Oct 04, 2023 03:29 PM IST

How do you feel today about Nitin Spinners Ltd?

Bearish or

Bullish

Bearish or

Bullish

Key Metrics

PE Ratio

12.81

PB Ratio

1.6

Dividend Yield

0.86%

Sector PB

6.24

Sector PE

64.81

Sector Div Yld

0.6%

Dividend Yield

Dividend per share for the most recent financial year divided by the close price

About

Sector

Consumer Discretionary

Industry

Textiles, Apparel & Luxury Goods

Market Cap

Smallcap, ₹1,642 Cr

Nitin Spinners Limited is engaged in textiles business. The Company manufactures cotton yarn and cotton knitted fabric.

The following charts display the financial performance of the Nitin Spinners Ltd (NITINSPIN) stock, including the year-on-year Income Statement , Balance Sheet , Cash Flow Statement and Shareholding pattern.

Furthermore, under the Peers section, you can find stocks that are similar to Nitin Spinners Ltd (NITINSPIN), and their live stock price and performance at a glance. Click on any peer stock to navigate to that stock’s live price page.

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Sector

Consumer Discretionary

Industry

Textiles, Apparel & Luxury Goods

Market Cap

Smallcap, ₹1,642 Cr

Financials

Income Statement

(INR)		Y/Y Change
Revenue	2,410 Cr	-10.55%
Operating Expense	69 Cr	-1053.5%
Net Income	164 Cr	-49.46%
Net Profit Margin	6.84%	-43.52%
Earning Per Share	29	-49.46%
EBITDA	300 Cr	-53.71%

Balance sheet

(INR)		Y/Y Change
Cash & short-term Inv	0 Cr	-29.51%
Total Assets	2,217 Cr	+21.58%
Total Liabilities	1,189 Cr	+25.36%
Total Equity	1,028 Cr	+17.48%
Shares Outstanding	5.62 Cr	-0.04%
Price to Book	1.23	-19.39%
Return on Assets	8.16%	-56.2%
Return on Capital	20.76 Cr	-67.62%

Cash Flows

(INR)		Y/Y Change
Net Income	164 Cr	-49.46%
Cash from Operations	193 Cr	-55.09%
Cash from Investing	-433 Cr	+404.54%
Cash from Financing	239 Cr	-169.35%
Net Change in Cash	0 Cr	-179.17%
Free Cash Flow	106 Cr	-71.98%

Shareholding Pattern

Total Promoter Holding

56.41%

Unpledged

Foreign Institutions

2.21%

Foreign Institutions

Retail & Others

32.92%

Retail & Others

Other Parties

Other Domestic Institutions

0.03%

Insurance Firms

Others

Mutual Funds

8.44%

Mutual Funds

Peers

MANYAVAR

Vedant Fashions Ltd

PE Ratio

77.35

1Y Return

▼-8.08%

KPRMILL

KPR Mill Ltd

PE Ratio

32.57

1Y Return

▲46.35%

TRIDENT

Trident Ltd

PE Ratio

46.94

1Y Return

▲3.19%

WELSPUNIND

Welspun India Ltd

PE Ratio

34.56

1Y Return

▲63.58%

Latest News

Buy Nitin Spinners; target of Rs 360: ICICI Direct

1 month ago on Moneycontrol

Change since news ▲9.22%

ICICI Direct is bullish on Nitin Spinners recommended buy rating on the stock with a target price of Rs 360 in its research report dated August 29, 2023.

Nitin Spinners - Capacity Enhancement To Support Long-Term Growth Story: ICICI Direct

1 month ago on Bloomberg Quint

Change since news ▼-0.41%

Geared up well to capture robust opportunities.

Nitin Spinners Standalone June 2023 Net Sales at Rs 617.12 crore, down 12.94% Y-o-Y

2 months ago on Moneycontrol

Change since news ▼-20.83%

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FAQs on Nitin Spinners Ltd

How to buy Nitin Spinners Ltd stocks?

You can easily buy the stocks/shares of Nitin Spinners Ltd (NITINSPIN) through either a broker or a financial institution by opening a Demat & Trading account online via smallcase.

What is the Share Price of Nitin Spinners Ltd?

The stock price of Nitin Spinners Ltd as on 04 Oct 2023 is ₹285.1

What is the 52-week High and Low of Nitin Spinners Ltd?

The 52-week high and low of Nitin Spinners Ltd (NITINSPIN) is ₹335 and ₹182.

What is the PE and PB ratio of Nitin Spinners Ltd?

The P/E (price-to-earnings) and P/B (price-to-book) ratios of Nitin Spinners Ltd are 12.81 and 1.6 respectively.

What are the peers or stocks similar to Nitin Spinners Ltd?

The peers or stocks similar to Nitin Spinners Ltd are Vedant Fashions Ltd, KPR Mill Ltd, Trident Ltd, Welspun India Ltd and many others. smallcase also offers over 200 readymade stock baskets managed by 180+ SEBI-registered investment experts. These stock portfolios are based on a theme, idea or strategy. You can use smallcase to start investing in diversified stock baskets.

Which sector does Nitin Spinners Ltd belong to?

Nitin Spinners Ltd (NITINSPIN) belongs to the Textiles sector.

What is the Market Cap of Nitin Spinners Ltd?

Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Nitin Spinners Ltd (NITINSPIN) is ₹1,642 Cr as of 04 Oct 2023

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