Nitin Spinners Limited Share Price and Company Fundamentals
Last traded: Last Friday at 9:59 AM
Nitin Spinners Limited manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally. The company offers yarn products comprising cotton and poly/cotton blended, ring spun combed and carded, open end, compact, slub, core spun, multifold, twist, gassed, contamination free, and dye-able cheese/cones yarns, as well as yarn products made from Supima Giza, Organic, BCI cotton, and recycled fibres, etc.; and yarns with count range 6 to 100s. Its yarn products are used in woven and knitted apparel, tea bags, furnishing and medical fabrics, denims, and terry tow applications. The company also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique and interlock structures, rib structures, 2T and 3T fleece fabrics, and open width with elastene for use in inner and comfort wear, sportswear, winterwear, and babywear applications. In addition, it offers finished and printed woven fabrics, including cotton spandex, poly/cotton spandex, RFD, bleached, dyed, print and yarn dyed, cotton viscose, and viscose and rayon fabrics; special finishes, such as teflon, wrinkle free, water repellant, nano care, soil release, anti-bacteria finish, aero finish, and bio polish; various weaves, which include twills, gabardines, broken twill, ripstop, canvas, mattie's, ducks, plain tussor, dobby, cord, and ottoman, etc.; and health and eco-friendly fabrics made from BCI/organic cotton. The company's finished and printed woven fabrics are used in fashion and image wear, uniforms, health care and hotel apparel, industrial and protective wear, and defense wear applications. It exports its products to approximately 55 countries. Nitin Spinners Limited was incorporated in 1992 and is headquartered in Bhilwara, India.
Key Metrics
PE ratio
12.15
PB ratio
1.48
Dividend yield
0.83%
Beta
-0.42
Market cap
₹20.24B
Enterprise value
₹29.34B
Company profile
| Industry / Sector | Textile Manufacturing / Consumer Cyclical |
|---|---|
| Full time employees | 6736 |
| Website | https://nitinspinners.com |
| Mailing address | 16-17 K.M. Stone Chittor Road Hamirgarh Bhilwara 311025 India |
| Phone / Fax | 91 14 8228 6110 / 91 14 8228 6117 |
Dividends
Dividend yield
0.83%
Dividend amount
₹3.00
Payout ratio
10.13%
5Y Avg. yield
-%
Nitin Spinners Limited paid ₹3.00 dividend and the ex-dividend date was 29 Aug 2025.The dividend payout ratio is 10.13%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NITINSPIN dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Nitin Spinners Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Dinesh Nolkha | MD & Executive Chairman | 55 | |
| Mr. Nitin Nolakha | Joint MD & Executive Director | 49 | |
| Mr. Purushottam Maheshwari | President & CFO | 63 | |
| Mr. Anil Kumar Jain | Joint President | 58 | |
| Mr. Umesh Toshniwal | Joint President of Marketing | 53 | |
| Mr. Pratyush Nolakha | Executive Director | 27 | |
| Mr. Ramesh Chand Mishra | Vice President of Processing | 61 | |
| Mr. Sandeep Garg | President & COO | 54 | |
| Mr. Sudhir Kumar Garg | Company Secretary, VP of Legal & Compliance Officer | 59 | |
| Mr. Prem Narayan Joshi | General Manager of Human Resources |
Profitability and management effectiveness
Profit margin
5.21%
Operating margin
9.28%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Nitin Spinners Limited is 20.24B and its enterprise value is 29.34B. The enterprise value to revenue ratio of NITINSPIN is 0.92. The enterprise value to EBITDA ratio of NITINSPIN is 6.32.
Nitin Spinners Limited (NSE:NITINSPIN) Frequently Asked Questions
1. What is Nitin Spinners Limited's Stock Symbol?
Nitin Spinners Limited trades on NSE under the ticker symbol "NITINSPIN".
2. What is Nitin Spinners Limited's stock price today?
One share of NITINSPIN stock can currently be purchased for approximately ₹360.
3. How can I contact Nitin Spinners Limited?
Nitin Spinners Limited's mailing address is 16-17 K.M. Stone Chittor Road Hamirgarh Bhilwara 311025 India. The company can be reached via phone at 91 14 8228 6110.
4. What is Nitin Spinners Limited's official website?
The official website of Nitin Spinners Limited is https://nitinspinners.com.