View Financial HealthNitin Spinners 배당 및 자사주 매입배당 기준 점검 4/6Nitin Spinners 수익으로 충분히 충당되는 현재 수익률 0.6% 보유한 배당금 지급 회사입니다.핵심 정보0.6%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률1.2%배당 성장률13.3%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향9%최근 배당 및 자사주 매입 업데이트Declared Dividend • Aug 13Dividend increased to ₹3.00Dividend of ₹3.00 is 20% higher than last year. Ex-date: 29th August 2025 Payment date: 6th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Aug 12Nitin Spinners Limited announces Annual dividend, payable on October 06, 2025Nitin Spinners Limited announced Annual dividend of INR 3.0000 per share payable on October 06, 2025, ex-date on August 29, 2025 and record date on August 30, 2025.Declared Dividend • Aug 23Dividend of ₹2.50 announcedDividend of ₹2.50 is the same as last year. Ex-date: 9th September 2024 Payment date: 16th October 2024 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • May 10Nitin Spinners Limited Recommends Dividend for the Year Ended March 31, 2024Nitin Spinners Limited announced that at the board meeting held on May 9, 2024, the company recommended Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended March 31, 2024, subject to approval of Shareholders.공시 • Sep 20Nitin Spinners Limited Declares Final Dividend for the Financial Year Ended March 31, 2023Nitin Spinners Limited at its AGM held on September 18, 2023, declared final dividend of INR 2.50 per Equity Shares for the financial year ended 31st March, 2023.Upcoming Dividend • Sep 04Upcoming dividend of ₹2.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 8.5% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).모든 업데이트 보기Recent updatesPrice Target Changed • May 12Price target increased by 24% to ₹609Up from ₹492, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₹498. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹41.10 for next year compared to ₹31.58 last year.Reported Earnings • May 11Full year 2026 earnings released: EPS: ₹31.58 (vs ₹31.20 in FY 2025)Full year 2026 results: EPS: ₹31.58 (up from ₹31.20 in FY 2025). Revenue: ₹32.2b (down 2.6% from FY 2025). Net income: ₹1.78b (up 1.2% from FY 2025). Profit margin: 5.5% (up from 5.3% in FY 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 25Nitin Spinners Limited to Report Q4, 2026 Results on May 08, 2026Nitin Spinners Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 08, 2026Reported Earnings • Feb 01Third quarter 2026 earnings released: EPS: ₹7.90 (vs ₹7.96 in 3Q 2025)Third quarter 2026 results: EPS: ₹7.90 (down from ₹7.96 in 3Q 2025). Revenue: ₹8.02b (down 4.4% from 3Q 2025). Net income: ₹444.1m (flat on 3Q 2025). Profit margin: 5.5% (up from 5.3% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jan 22Nitin Spinners Limited to Report Q3, 2026 Results on Jan 31, 2026Nitin Spinners Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Jan 31, 2026Reported Earnings • Nov 05Second quarter 2026 earnings released: EPS: ₹6.19 (vs ₹7.50 in 2Q 2025)Second quarter 2026 results: EPS: ₹6.19 (down from ₹7.50 in 2Q 2025). Revenue: ₹7.61b (down 7.5% from 2Q 2025). Net income: ₹347.9m (down 18% from 2Q 2025). Profit margin: 4.6% (down from 5.1% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공시 • Oct 25Nitin Spinners Limited to Report Q2, 2026 Results on Nov 04, 2025Nitin Spinners Limited announced that they will report Q2, 2026 results on Nov 04, 2025Declared Dividend • Aug 13Dividend increased to ₹3.00Dividend of ₹3.00 is 20% higher than last year. Ex-date: 29th August 2025 Payment date: 6th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Aug 12Nitin Spinners Limited announces Annual dividend, payable on October 06, 2025Nitin Spinners Limited announced Annual dividend of INR 3.0000 per share payable on October 06, 2025, ex-date on August 29, 2025 and record date on August 30, 2025.Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: ₹7.29 (vs ₹7.49 in 1Q 2025)First quarter 2026 results: EPS: ₹7.29 (down from ₹7.49 in 1Q 2025). Revenue: ₹7.95b (down 1.0% from 1Q 2025). Net income: ₹409.9m (down 2.7% from 1Q 2025). Profit margin: 5.2% (in line with 1Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.공시 • Aug 05Nitin Spinners Limited, Annual General Meeting, Sep 06, 2025Nitin Spinners Limited, Annual General Meeting, Sep 06, 2025, at 15:00 Indian Standard Time.공시 • Jul 24Nitin Spinners Limited to Report Q1, 2026 Results on Aug 05, 2025Nitin Spinners Limited announced that they will report Q1, 2026 results on Aug 05, 2025공시 • Jun 03Nitin Spinners Limited (NSEI:NITINSPIN) agreed to acquire 18.12% stake in CGE II Hybrid Energy Private Limited from Continuum Green Energy Limited for approximately INR 170 million.Nitin Spinners Limited (NSEI:NITINSPIN) agreed to acquire 18.12% stake in CGE ll Hybrid Energy Private Limited from Continuum Green Energy Limited for approximately INR 170 million on June 2, 2025. For the period ending March 31, 2025, CGE ll Hybrid Energy Private Limited reported total revenue of INR 0. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 2, 2025 to August 31, 2025.Price Target Changed • May 15Price target increased by 14% to ₹602Up from ₹527, the current price target is an average from 2 analysts. New target price is 48% above last closing price of ₹408. Stock is up 18% over the past year. The company is forecast to post earnings per share of ₹37.20 for next year compared to ₹31.20 last year.Reported Earnings • May 14Full year 2025 earnings released: EPS: ₹31.20 (vs ₹23.39 in FY 2024)Full year 2025 results: EPS: ₹31.20 (up from ₹23.39 in FY 2024). Revenue: ₹33.1b (up 14% from FY 2024). Net income: ₹1.75b (up 33% from FY 2024). Profit margin: 5.3% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.공시 • Apr 28Nitin Spinners Limited to Report Q4, 2025 Results on May 13, 2025Nitin Spinners Limited announced that they will report Q4, 2025 results on May 13, 2025Reported Earnings • Jan 28Third quarter 2025 earnings released: EPS: ₹7.96 (vs ₹5.65 in 3Q 2024)Third quarter 2025 results: EPS: ₹7.96 (up from ₹5.65 in 3Q 2024). Revenue: ₹8.40b (up 12% from 3Q 2024). Net income: ₹447.8m (up 41% from 3Q 2024). Profit margin: 5.3% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Jan 18Nitin Spinners Limited to Report Q3, 2025 Results on Jan 27, 2025Nitin Spinners Limited announced that they will report Q3, 2025 results on Jan 27, 2025Reported Earnings • Nov 12Second quarter 2025 earnings released: EPS: ₹7.50 (vs ₹5.64 in 2Q 2024)Second quarter 2025 results: EPS: ₹7.50 (up from ₹5.64 in 2Q 2024). Revenue: ₹8.23b (up 12% from 2Q 2024). Net income: ₹421.6m (up 33% from 2Q 2024). Profit margin: 5.1% (up from 4.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Joint MD & Executive Director Nitin Nolakha is the most experienced director on the board, commencing their role in 1998. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.공시 • Oct 26Nitin Spinners Limited to Report Q2, 2025 Results on Nov 07, 2024Nitin Spinners Limited announced that they will report Q2, 2025 results on Nov 07, 2024공시 • Sep 17Nitin Spinners Limited Announces Board ChangesNitin Spinners Limited announced that 32nd Annual General Meeting held on 16th September,2024, Change in designation of Shri Dinesh Nolkha to Chairman with effect from October 01, 2024, for remaining tenure in the current appointment up to September 30, 2027. He is B. Com, FCA & FCMA and has vast experience of more than thirty-two years in Textile industries. His functional experience mainly covers Plant Operations, Administration, Marketing, Commercial and Finance. Reason for Changes: Change in Designation. Appointment of Shri Pratyush Nolakha as Executive Director on Board of the Company from July 22, 2024, to September 30, 2027. Brief Profile: He has completed graduation from Shri Ram College of Commerce, Delhi in the year 2019. Master of Business Administration from Indian Institute of Management, Ahmedabad in the year 2023' He has worked with Boston Consulting Group for about six months & joined Company on February 29, 2024, as Executive Manager (Operation & Strategies). Reason for Changes: Appointment of Smt. Vibha Aren as a independent Director on Board of the Company for five years with effect from July 22, 2024. Brief Profile: She is B.A. (Hons) & M.A, (Economics) She has rich experience of around 40 years of handling various stream of banking business from basic branch operations to specialized fields such as Treasury, HRD and international Banking Division (lBD). She has headed various positions i.e. Circle, Zonal, and administrative head of IBD & GBMD.Declared Dividend • Aug 23Dividend of ₹2.50 announcedDividend of ₹2.50 is the same as last year. Ex-date: 9th September 2024 Payment date: 16th October 2024 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover.공시 • Jul 27Nitin Spinners Limited Announces Director ResignationsNitin Spinners Limited announced that Sh. Rabisankar Chattopadhyay and Smt. Aditi Mehta (DlN: 06917890) Independent Directors have tendered their resignation from Non-Executive lndependent Directors of the Company with effect from the close of business hours on 27th July, 2024. Consequently, they cease to be Chairperson/member of various Committees where they were appointed as chairperson/member.Reported Earnings • Jul 23First quarter 2025 earnings released: EPS: ₹7.49 (vs ₹5.14 in 1Q 2024)First quarter 2025 results: EPS: ₹7.49 (up from ₹5.14 in 1Q 2024). Revenue: ₹8.03b (up 30% from 1Q 2024). Net income: ₹421.2m (up 46% from 1Q 2024). Profit margin: 5.2% (up from 4.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.공시 • Jul 22Nitin Spinners Limited, Annual General Meeting, Sep 16, 2024Nitin Spinners Limited, Annual General Meeting, Sep 16, 2024.공시 • Jul 13Nitin Spinners Limited to Report Q1, 2025 Results on Jul 22, 2024Nitin Spinners Limited announced that they will report Q1, 2025 results on Jul 22, 2024Buy Or Sell Opportunity • May 31Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to ₹314. The fair value is estimated to be ₹396, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.공시 • May 10Nitin Spinners Limited Recommends Dividend for the Year Ended March 31, 2024Nitin Spinners Limited announced that at the board meeting held on May 9, 2024, the company recommended Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended March 31, 2024, subject to approval of Shareholders.Price Target Changed • Feb 14Price target increased by 13% to ₹472Up from ₹416, the current price target is an average from 2 analysts. New target price is 33% above last closing price of ₹356. Stock is up 74% over the past year. The company is forecast to post earnings per share of ₹25.00 for next year compared to ₹29.32 last year.Reported Earnings • Jan 30Third quarter 2024 earnings released: EPS: ₹5.65 (vs ₹5.62 in 3Q 2023)Third quarter 2024 results: EPS: ₹5.65 (up from ₹5.62 in 3Q 2023). Revenue: ₹7.51b (up 40% from 3Q 2023). Net income: ₹317.5m (flat on 3Q 2023). Profit margin: 4.2% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jan 23Now 22% undervaluedOver the last 90 days, the stock has risen 20% to ₹322. The fair value is estimated to be ₹411, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.공시 • Jan 18Nitin Spinners Limited to Report Q3, 2024 Results on Jan 29, 2024Nitin Spinners Limited announced that they will report Q3, 2024 results on Jan 29, 2024Buying Opportunity • Jan 11Now 20% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be ₹403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.Buying Opportunity • Dec 27Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be ₹422, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.Buying Opportunity • Dec 12Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be ₹428, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.공시 • Nov 10Nitin Spinners Limited Appoints Shri Rishabh Chand Lodha as an Additional Director (Independent) on the BoardNitin Spinners Limited announced Appointment of Shri Rishabh Chand Lodha as an Additional Director (independent) on the Board of the Company w.e.f. 09.!L.2023 to hold office till the conclusion of the General Meeting or 3 Months from date of appointment whichever is earlier. He did M.Com, MBA (Gold Medalist) Ph.D. (Finance) L.L.B & CAIIB He has vast work experience of 40 plus years in Banking field. He retired as Executive Director from Central Bank of lndia. Presently he is in profession of lnsolvencv Professional of lBBl & Advocate.Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: ₹5.64 (vs ₹5.18 in 2Q 2023)Second quarter 2024 results: EPS: ₹5.64 (up from ₹5.18 in 2Q 2023). Revenue: ₹7.38b (up 46% from 2Q 2023). Net income: ₹317.0m (up 8.9% from 2Q 2023). Profit margin: 4.3% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 28Nitin Spinners Limited to Report Q2, 2024 Results on Nov 09, 2023Nitin Spinners Limited announced that they will report Q2, 2024 results on Nov 09, 2023Buying Opportunity • Oct 23Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₹345, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 30% in a year. Earnings is forecast to grow by 39% in the next year.공시 • Sep 20Nitin Spinners Limited Declares Final Dividend for the Financial Year Ended March 31, 2023Nitin Spinners Limited at its AGM held on September 18, 2023, declared final dividend of INR 2.50 per Equity Shares for the financial year ended 31st March, 2023.Upcoming Dividend • Sep 04Upcoming dividend of ₹2.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 8.5% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).공시 • Aug 25Nitin Spinners Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023The 31st Annual General Meeting of the Shareholders of NITIN SPINNERS LIMITED will be held on 18th September, proposed to declare Final Dividend of INR 2.50 per Equity Shares for the financial year ended 31st March, 2023.Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹289, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 622% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹511 per share.Price Target Changed • Aug 17Price target decreased by 11% to ₹355Down from ₹398, the current price target is an average from 3 analysts. New target price is 46% above last closing price of ₹244. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₹30.13 for next year compared to ₹29.32 last year.Reported Earnings • Aug 06First quarter 2024 earnings released: EPS: ₹5.14 (vs ₹11.66 in 1Q 2023)First quarter 2024 results: EPS: ₹5.14 (down from ₹11.66 in 1Q 2023). Revenue: ₹6.17b (down 13% from 1Q 2023). Net income: ₹289.0m (down 56% from 1Q 2023). Profit margin: 4.7% (down from 9.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 06Nitin Spinners Limited, Annual General Meeting, Sep 18, 2023Nitin Spinners Limited, Annual General Meeting, Sep 18, 2023.Price Target Changed • May 10Price target increased by 11% to ₹441Up from ₹398, the current price target is an average from 2 analysts. New target price is 75% above last closing price of ₹252. Stock is up 19% over the past year. The company posted earnings per share of ₹29.32 last year.Reported Earnings • May 08Full year 2023 earnings released: EPS: ₹29.32 (vs ₹58.01 in FY 2022)Full year 2023 results: EPS: ₹29.32 (down from ₹58.01 in FY 2022). Revenue: ₹24.1b (down 11% from FY 2022). Net income: ₹1.65b (down 50% from FY 2022). Profit margin: 6.8% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 07Nitin Spinners Limited Recommends Dividend for the Year Ended March 31, 2023The board of directors of Nitin Spinners Limited meeting held on May 6, 2023, recommended Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended March 31, 2023, subject to approval of Shareholders.Price Target Changed • Feb 07Price target decreased by 16% to ₹397Down from ₹473, the current price target is an average from 2 analysts. New target price is 97% above last closing price of ₹202. Stock is down 37% over the past year. The company posted earnings per share of ₹58.01 last year.Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: ₹5.62 (vs ₹16.59 in 3Q 2022)Third quarter 2023 results: EPS: ₹5.62 (down from ₹16.59 in 3Q 2022). Revenue: ₹5.37b (down 24% from 3Q 2022). Net income: ₹315.8m (down 66% from 3Q 2022). Profit margin: 5.9% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.공시 • Jan 24Nitin Spinners Limited to Report Q3, 2023 Results on Feb 02, 2023Nitin Spinners Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 02, 2023Buying Opportunity • Dec 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be ₹239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 86%.Buying Opportunity • Dec 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₹262, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 86%.Price Target Changed • Nov 16Price target decreased to ₹635Down from ₹703, the current price target is provided by 1 analyst. New target price is 230% above last closing price of ₹193. Stock is down 29% over the past year. The company posted earnings per share of ₹58.01 last year.Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: ₹5.18 (vs ₹15.54 in 2Q 2022)Second quarter 2023 results: EPS: ₹5.18 (down from ₹15.54 in 2Q 2022). Revenue: ₹5.07b (down 24% from 2Q 2022). Net income: ₹291.1m (down 67% from 2Q 2022). Profit margin: 5.7% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.공시 • Sep 16Nitin Spinners Approves Declaration of Dividend for the Financial Year Ended March 31, 2022Nitin Spinners Limited at the AGM held on September 15, 2022 approved declaration of Dividend of INR 2.50 per equity shares for the financial year ended March 31, 2022.Upcoming Dividend • Aug 31Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 15 October 2022. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 2.3%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.5%).Reported Earnings • Aug 08First quarter 2023 earnings released: EPS: ₹11.66 (vs ₹10.67 in 1Q 2022)First quarter 2023 results: EPS: ₹11.66 (up from ₹10.67 in 1Q 2022). Revenue: ₹7.09b (up 28% from 1Q 2022). Net income: ₹655.8m (up 9.3% from 1Q 2022). Profit margin: 9.3% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.공시 • Aug 07Nitin Spinners Limited, Annual General Meeting, Sep 15, 2022Nitin Spinners Limited, Annual General Meeting, Sep 15, 2022.공시 • Jul 26Nitin Spinners Limited to Report Q1, 2023 Results on Aug 06, 2022Nitin Spinners Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 06, 2022공시 • May 14Nitin Spinners Limited Recommends Final Dividend for the Year Ended 31St March, 2022Nitin Spinners Limited recommended final Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended 31st March, 2022, subject to approval of Shareholders. This is in addition to interim Dividend of INR 1.50 per share paid during the month of February, 22. Accordingly, dividend for the Fiscal Year 2021-22 aggregates to INR 4.00 per share of INR 10/- each.Reported Earnings • May 14Full year 2022 earnings released: EPS: ₹58.01 (vs ₹12.25 in FY 2021)Full year 2022 results: EPS: ₹58.01 (up from ₹12.25 in FY 2021). Revenue: ₹26.9b (up 66% from FY 2021). Net income: ₹3.26b (up 374% from FY 2021). Profit margin: 12% (up from 4.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to ₹735Up from ₹400, the current price target is provided by 1 analyst. New target price is 207% above last closing price of ₹239. Stock is up 172% over the past year. The company posted earnings per share of ₹12.25 last year.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹227, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 169% over the past three years.Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹281, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 296% over the past three years.Reported Earnings • Feb 04Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹16.59 (up from ₹4.13 in 3Q 2021). Revenue: ₹7.05b (up 51% from 3Q 2021). Net income: ₹932.6m (up 301% from 3Q 2021). Profit margin: 13% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.공시 • Feb 04Nitin Spinners Limited Approves Interim Dividend for the Year 2022Nitin Spinners Limited in its Board of Director Meeting held on February 3, 2022 approved and declared Interim Dividend @ 15% i.e. INR 1.50 per share on fully paid up Equity Share of INR 10.00 each of the Company. The said Interim Dividend shall be credited/paid within 30 days from the date of declaration to the shareholders holding shares of the Company on record date February 11, 2022.Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS ₹15.54 (vs ₹2.12 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹6.65b (up 56% from 2Q 2021). Net income: ₹873.9m (up ₹754.7m from 2Q 2021). Profit margin: 13% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 43% per year.Upcoming Dividend • Sep 01Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 16 October 2021. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%).Reported Earnings • Aug 04First quarter 2022 earnings released: EPS ₹10.67 (vs ₹1.63 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹5.54b (up 153% from 1Q 2021). Net income: ₹600.1m (up ₹691.7m from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 26% share price gain to ₹245, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹141, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 75% over the past three years.Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹117, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 45% over the past three years.Reported Earnings • May 09Full year 2021 earnings released: EPS ₹12.25 (vs ₹4.24 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹16.3b (up 13% from FY 2020). Net income: ₹688.7m (up 189% from FY 2020). Profit margin: 4.2% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹103, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 14% over the past three years.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹82.45, the stock is trading at a trailing P/E ratio of 14.3x, up from the previous P/E ratio of 12.3x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 20%.Price Target Changed • Feb 07Price target raised to ₹152Up from ₹100.00, the current price target is provided by 1 analyst. The new target price is 98% above the current share price of ₹76.60. As of last close, the stock is up 42% over the past year.Reported Earnings • Jan 29Third quarter 2021 earnings released: EPS ₹4.13 (vs ₹1.03 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹4.67b (up 16% from 3Q 2020). Net income: ₹232.5m (up 301% from 3Q 2020). Profit margin: 5.0% (up from 1.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Jan 19Nitin Spinners Limited to Report Q3, 2021 Results on Jan 28, 2021Nitin Spinners Limited announced that they will report Q3, 2021 results on Jan 28, 2021Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹83.30, the stock is trading at a trailing P/E ratio of 31.2x, up from the previous P/E ratio of 26.6x. This compares to an average P/E of 20x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 25%.Is New 90 Day High Low • Jan 04New 90-day high: ₹75.60The company is up 89% from its price of ₹40.05 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period.Is New 90 Day High Low • Dec 15New 90-day high: ₹73.40The company is up 83% from its price of ₹40.20 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period.Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 20% share price gain to ₹70.55, the stock is trading at a trailing P/E ratio of 26.4x, up from the previous P/E ratio of 22x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 33%.Valuation Update With 7 Day Price Move • Nov 26Market bids up stock over the past weekAfter last week's 15% share price gain to ₹57.65, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 18.7x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 44%.Valuation Update With 7 Day Price Move • Oct 29Market bids up stock over the past weekAfter last week's 25% share price gain to ₹49.90, the stock is trading at a trailing P/E ratio of 71.8x, up from the previous P/E ratio of 57.5x. This compares to an average P/E of 14x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 58%.Is New 90 Day High Low • Oct 26New 90-day high: ₹43.95The company is up 9.0% from its price of ₹40.30 on 28 July 2020. The Indian market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Luxury industry, which is up 17% over the same period.Is New 90 Day High Low • Sep 22New 90-day low: ₹36.80The company is down 24% from its price of ₹48.40 on 24 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period.공시 • Jul 26Nitin Spinners Limited to Report Q1, 2021 Results on Aug 08, 2020Nitin Spinners Limited announced that they will report Q1, 2021 results on Aug 08, 2020지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 532698 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 532698 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Nitin Spinners 배당 수익률 vs 시장532698의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (532698)0.6%시장 하위 25% (IN)0.3%시장 상위 25% (IN)1.5%업계 평균 (Luxury)0.6%분석가 예측 (532698) (최대 3년)1.2%주목할만한 배당금: 532698 의 배당금( 0.6% )은 Indian 시장에서 배당금 지급자의 하위 25%( 0.3% )보다 높습니다.고배당: 532698 의 배당금( 0.6% )은 Indian 시장에서 배당금 지급자의 상위 25%( 1.47% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 낮은 배당금 지급 비율 (9.5%)로 인해 532698의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 14.2% )이 낮기 때문에 532698 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YIN 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/23 17:44종가2026/05/22 00:00수익2026/03/31연간 수익2026/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nitin Spinners Limited는 4명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullAntique Stockbroking Ltd.null nullEast India Securities LtdNaveed MD.FirstCall Research1명의 분석가 더 보기
Declared Dividend • Aug 13Dividend increased to ₹3.00Dividend of ₹3.00 is 20% higher than last year. Ex-date: 29th August 2025 Payment date: 6th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Aug 12Nitin Spinners Limited announces Annual dividend, payable on October 06, 2025Nitin Spinners Limited announced Annual dividend of INR 3.0000 per share payable on October 06, 2025, ex-date on August 29, 2025 and record date on August 30, 2025.
Declared Dividend • Aug 23Dividend of ₹2.50 announcedDividend of ₹2.50 is the same as last year. Ex-date: 9th September 2024 Payment date: 16th October 2024 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • May 10Nitin Spinners Limited Recommends Dividend for the Year Ended March 31, 2024Nitin Spinners Limited announced that at the board meeting held on May 9, 2024, the company recommended Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended March 31, 2024, subject to approval of Shareholders.
공시 • Sep 20Nitin Spinners Limited Declares Final Dividend for the Financial Year Ended March 31, 2023Nitin Spinners Limited at its AGM held on September 18, 2023, declared final dividend of INR 2.50 per Equity Shares for the financial year ended 31st March, 2023.
Upcoming Dividend • Sep 04Upcoming dividend of ₹2.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 8.5% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).
Price Target Changed • May 12Price target increased by 24% to ₹609Up from ₹492, the current price target is an average from 3 analysts. New target price is 22% above last closing price of ₹498. Stock is up 28% over the past year. The company is forecast to post earnings per share of ₹41.10 for next year compared to ₹31.58 last year.
Reported Earnings • May 11Full year 2026 earnings released: EPS: ₹31.58 (vs ₹31.20 in FY 2025)Full year 2026 results: EPS: ₹31.58 (up from ₹31.20 in FY 2025). Revenue: ₹32.2b (down 2.6% from FY 2025). Net income: ₹1.78b (up 1.2% from FY 2025). Profit margin: 5.5% (up from 5.3% in FY 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 25Nitin Spinners Limited to Report Q4, 2026 Results on May 08, 2026Nitin Spinners Limited announced that they will report Q4, 2026 results at 12:08 PM, Indian Standard Time on May 08, 2026
Reported Earnings • Feb 01Third quarter 2026 earnings released: EPS: ₹7.90 (vs ₹7.96 in 3Q 2025)Third quarter 2026 results: EPS: ₹7.90 (down from ₹7.96 in 3Q 2025). Revenue: ₹8.02b (down 4.4% from 3Q 2025). Net income: ₹444.1m (flat on 3Q 2025). Profit margin: 5.5% (up from 5.3% in 3Q 2025). The increase in margin was driven by lower expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jan 22Nitin Spinners Limited to Report Q3, 2026 Results on Jan 31, 2026Nitin Spinners Limited announced that they will report Q3, 2026 results at 9:08 AM, Indian Standard Time on Jan 31, 2026
Reported Earnings • Nov 05Second quarter 2026 earnings released: EPS: ₹6.19 (vs ₹7.50 in 2Q 2025)Second quarter 2026 results: EPS: ₹6.19 (down from ₹7.50 in 2Q 2025). Revenue: ₹7.61b (down 7.5% from 2Q 2025). Net income: ₹347.9m (down 18% from 2Q 2025). Profit margin: 4.6% (down from 5.1% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공시 • Oct 25Nitin Spinners Limited to Report Q2, 2026 Results on Nov 04, 2025Nitin Spinners Limited announced that they will report Q2, 2026 results on Nov 04, 2025
Declared Dividend • Aug 13Dividend increased to ₹3.00Dividend of ₹3.00 is 20% higher than last year. Ex-date: 29th August 2025 Payment date: 6th October 2025 Dividend yield will be 0.9%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Aug 12Nitin Spinners Limited announces Annual dividend, payable on October 06, 2025Nitin Spinners Limited announced Annual dividend of INR 3.0000 per share payable on October 06, 2025, ex-date on August 29, 2025 and record date on August 30, 2025.
Reported Earnings • Aug 06First quarter 2026 earnings released: EPS: ₹7.29 (vs ₹7.49 in 1Q 2025)First quarter 2026 results: EPS: ₹7.29 (down from ₹7.49 in 1Q 2025). Revenue: ₹7.95b (down 1.0% from 1Q 2025). Net income: ₹409.9m (down 2.7% from 1Q 2025). Profit margin: 5.2% (in line with 1Q 2025). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
공시 • Aug 05Nitin Spinners Limited, Annual General Meeting, Sep 06, 2025Nitin Spinners Limited, Annual General Meeting, Sep 06, 2025, at 15:00 Indian Standard Time.
공시 • Jul 24Nitin Spinners Limited to Report Q1, 2026 Results on Aug 05, 2025Nitin Spinners Limited announced that they will report Q1, 2026 results on Aug 05, 2025
공시 • Jun 03Nitin Spinners Limited (NSEI:NITINSPIN) agreed to acquire 18.12% stake in CGE II Hybrid Energy Private Limited from Continuum Green Energy Limited for approximately INR 170 million.Nitin Spinners Limited (NSEI:NITINSPIN) agreed to acquire 18.12% stake in CGE ll Hybrid Energy Private Limited from Continuum Green Energy Limited for approximately INR 170 million on June 2, 2025. For the period ending March 31, 2025, CGE ll Hybrid Energy Private Limited reported total revenue of INR 0. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is June 2, 2025 to August 31, 2025.
Price Target Changed • May 15Price target increased by 14% to ₹602Up from ₹527, the current price target is an average from 2 analysts. New target price is 48% above last closing price of ₹408. Stock is up 18% over the past year. The company is forecast to post earnings per share of ₹37.20 for next year compared to ₹31.20 last year.
Reported Earnings • May 14Full year 2025 earnings released: EPS: ₹31.20 (vs ₹23.39 in FY 2024)Full year 2025 results: EPS: ₹31.20 (up from ₹23.39 in FY 2024). Revenue: ₹33.1b (up 14% from FY 2024). Net income: ₹1.75b (up 33% from FY 2024). Profit margin: 5.3% (up from 4.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
공시 • Apr 28Nitin Spinners Limited to Report Q4, 2025 Results on May 13, 2025Nitin Spinners Limited announced that they will report Q4, 2025 results on May 13, 2025
Reported Earnings • Jan 28Third quarter 2025 earnings released: EPS: ₹7.96 (vs ₹5.65 in 3Q 2024)Third quarter 2025 results: EPS: ₹7.96 (up from ₹5.65 in 3Q 2024). Revenue: ₹8.40b (up 12% from 3Q 2024). Net income: ₹447.8m (up 41% from 3Q 2024). Profit margin: 5.3% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Jan 18Nitin Spinners Limited to Report Q3, 2025 Results on Jan 27, 2025Nitin Spinners Limited announced that they will report Q3, 2025 results on Jan 27, 2025
Reported Earnings • Nov 12Second quarter 2025 earnings released: EPS: ₹7.50 (vs ₹5.64 in 2Q 2024)Second quarter 2025 results: EPS: ₹7.50 (up from ₹5.64 in 2Q 2024). Revenue: ₹8.23b (up 12% from 2Q 2024). Net income: ₹421.6m (up 33% from 2Q 2024). Profit margin: 5.1% (up from 4.3% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Joint MD & Executive Director Nitin Nolakha is the most experienced director on the board, commencing their role in 1998. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
공시 • Oct 26Nitin Spinners Limited to Report Q2, 2025 Results on Nov 07, 2024Nitin Spinners Limited announced that they will report Q2, 2025 results on Nov 07, 2024
공시 • Sep 17Nitin Spinners Limited Announces Board ChangesNitin Spinners Limited announced that 32nd Annual General Meeting held on 16th September,2024, Change in designation of Shri Dinesh Nolkha to Chairman with effect from October 01, 2024, for remaining tenure in the current appointment up to September 30, 2027. He is B. Com, FCA & FCMA and has vast experience of more than thirty-two years in Textile industries. His functional experience mainly covers Plant Operations, Administration, Marketing, Commercial and Finance. Reason for Changes: Change in Designation. Appointment of Shri Pratyush Nolakha as Executive Director on Board of the Company from July 22, 2024, to September 30, 2027. Brief Profile: He has completed graduation from Shri Ram College of Commerce, Delhi in the year 2019. Master of Business Administration from Indian Institute of Management, Ahmedabad in the year 2023' He has worked with Boston Consulting Group for about six months & joined Company on February 29, 2024, as Executive Manager (Operation & Strategies). Reason for Changes: Appointment of Smt. Vibha Aren as a independent Director on Board of the Company for five years with effect from July 22, 2024. Brief Profile: She is B.A. (Hons) & M.A, (Economics) She has rich experience of around 40 years of handling various stream of banking business from basic branch operations to specialized fields such as Treasury, HRD and international Banking Division (lBD). She has headed various positions i.e. Circle, Zonal, and administrative head of IBD & GBMD.
Declared Dividend • Aug 23Dividend of ₹2.50 announcedDividend of ₹2.50 is the same as last year. Ex-date: 9th September 2024 Payment date: 16th October 2024 Dividend yield will be 0.6%, which is higher than the industry average of 0.4%. Sustainability & Growth Dividend is covered by earnings (11% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 28% over the next year, which should provide support to the dividend and adequate earnings cover.
공시 • Jul 27Nitin Spinners Limited Announces Director ResignationsNitin Spinners Limited announced that Sh. Rabisankar Chattopadhyay and Smt. Aditi Mehta (DlN: 06917890) Independent Directors have tendered their resignation from Non-Executive lndependent Directors of the Company with effect from the close of business hours on 27th July, 2024. Consequently, they cease to be Chairperson/member of various Committees where they were appointed as chairperson/member.
Reported Earnings • Jul 23First quarter 2025 earnings released: EPS: ₹7.49 (vs ₹5.14 in 1Q 2024)First quarter 2025 results: EPS: ₹7.49 (up from ₹5.14 in 1Q 2024). Revenue: ₹8.03b (up 30% from 1Q 2024). Net income: ₹421.2m (up 46% from 1Q 2024). Profit margin: 5.2% (up from 4.7% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
공시 • Jul 22Nitin Spinners Limited, Annual General Meeting, Sep 16, 2024Nitin Spinners Limited, Annual General Meeting, Sep 16, 2024.
공시 • Jul 13Nitin Spinners Limited to Report Q1, 2025 Results on Jul 22, 2024Nitin Spinners Limited announced that they will report Q1, 2025 results on Jul 22, 2024
Buy Or Sell Opportunity • May 31Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to ₹314. The fair value is estimated to be ₹396, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 10%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 89% in the next 2 years.
공시 • May 10Nitin Spinners Limited Recommends Dividend for the Year Ended March 31, 2024Nitin Spinners Limited announced that at the board meeting held on May 9, 2024, the company recommended Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended March 31, 2024, subject to approval of Shareholders.
Price Target Changed • Feb 14Price target increased by 13% to ₹472Up from ₹416, the current price target is an average from 2 analysts. New target price is 33% above last closing price of ₹356. Stock is up 74% over the past year. The company is forecast to post earnings per share of ₹25.00 for next year compared to ₹29.32 last year.
Reported Earnings • Jan 30Third quarter 2024 earnings released: EPS: ₹5.65 (vs ₹5.62 in 3Q 2023)Third quarter 2024 results: EPS: ₹5.65 (up from ₹5.62 in 3Q 2023). Revenue: ₹7.51b (up 40% from 3Q 2023). Net income: ₹317.5m (flat on 3Q 2023). Profit margin: 4.2% (down from 5.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 65% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jan 23Now 22% undervaluedOver the last 90 days, the stock has risen 20% to ₹322. The fair value is estimated to be ₹411, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.
공시 • Jan 18Nitin Spinners Limited to Report Q3, 2024 Results on Jan 29, 2024Nitin Spinners Limited announced that they will report Q3, 2024 results on Jan 29, 2024
Buying Opportunity • Jan 11Now 20% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be ₹403, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.
Buying Opportunity • Dec 27Now 21% undervaluedOver the last 90 days, the stock is up 16%. The fair value is estimated to be ₹422, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.
Buying Opportunity • Dec 12Now 20% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be ₹428, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 24%. Revenue is forecast to grow by 47% in 2 years. Earnings is forecast to grow by 86% in the next 2 years.
공시 • Nov 10Nitin Spinners Limited Appoints Shri Rishabh Chand Lodha as an Additional Director (Independent) on the BoardNitin Spinners Limited announced Appointment of Shri Rishabh Chand Lodha as an Additional Director (independent) on the Board of the Company w.e.f. 09.!L.2023 to hold office till the conclusion of the General Meeting or 3 Months from date of appointment whichever is earlier. He did M.Com, MBA (Gold Medalist) Ph.D. (Finance) L.L.B & CAIIB He has vast work experience of 40 plus years in Banking field. He retired as Executive Director from Central Bank of lndia. Presently he is in profession of lnsolvencv Professional of lBBl & Advocate.
Reported Earnings • Nov 10Second quarter 2024 earnings released: EPS: ₹5.64 (vs ₹5.18 in 2Q 2023)Second quarter 2024 results: EPS: ₹5.64 (up from ₹5.18 in 2Q 2023). Revenue: ₹7.38b (up 46% from 2Q 2023). Net income: ₹317.0m (up 8.9% from 2Q 2023). Profit margin: 4.3% (down from 5.8% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 28Nitin Spinners Limited to Report Q2, 2024 Results on Nov 09, 2023Nitin Spinners Limited announced that they will report Q2, 2024 results on Nov 09, 2023
Buying Opportunity • Oct 23Now 21% undervaluedOver the last 90 days, the stock is up 18%. The fair value is estimated to be ₹345, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Earnings per share has grown by 43%. Revenue is forecast to grow by 30% in a year. Earnings is forecast to grow by 39% in the next year.
공시 • Sep 20Nitin Spinners Limited Declares Final Dividend for the Financial Year Ended March 31, 2023Nitin Spinners Limited at its AGM held on September 18, 2023, declared final dividend of INR 2.50 per Equity Shares for the financial year ended 31st March, 2023.
Upcoming Dividend • Sep 04Upcoming dividend of ₹2.50 per share at 0.8% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 18 October 2023. Payout ratio is a comfortable 8.5% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.4%). Higher than average of industry peers (0.5%).
공시 • Aug 25Nitin Spinners Limited Proposes Final Dividend for the Financial Year Ended March 31, 2023The 31st Annual General Meeting of the Shareholders of NITIN SPINNERS LIMITED will be held on 18th September, proposed to declare Final Dividend of INR 2.50 per Equity Shares for the financial year ended 31st March, 2023.
Valuation Update With 7 Day Price Move • Aug 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to ₹289, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 24x in the Luxury industry in India. Total returns to shareholders of 622% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹511 per share.
Price Target Changed • Aug 17Price target decreased by 11% to ₹355Down from ₹398, the current price target is an average from 3 analysts. New target price is 46% above last closing price of ₹244. Stock is up 21% over the past year. The company is forecast to post earnings per share of ₹30.13 for next year compared to ₹29.32 last year.
Reported Earnings • Aug 06First quarter 2024 earnings released: EPS: ₹5.14 (vs ₹11.66 in 1Q 2023)First quarter 2024 results: EPS: ₹5.14 (down from ₹11.66 in 1Q 2023). Revenue: ₹6.17b (down 13% from 1Q 2023). Net income: ₹289.0m (down 56% from 1Q 2023). Profit margin: 4.7% (down from 9.3% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Luxury industry in India. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 06Nitin Spinners Limited, Annual General Meeting, Sep 18, 2023Nitin Spinners Limited, Annual General Meeting, Sep 18, 2023.
Price Target Changed • May 10Price target increased by 11% to ₹441Up from ₹398, the current price target is an average from 2 analysts. New target price is 75% above last closing price of ₹252. Stock is up 19% over the past year. The company posted earnings per share of ₹29.32 last year.
Reported Earnings • May 08Full year 2023 earnings released: EPS: ₹29.32 (vs ₹58.01 in FY 2022)Full year 2023 results: EPS: ₹29.32 (down from ₹58.01 in FY 2022). Revenue: ₹24.1b (down 11% from FY 2022). Net income: ₹1.65b (down 50% from FY 2022). Profit margin: 6.8% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 104% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 07Nitin Spinners Limited Recommends Dividend for the Year Ended March 31, 2023The board of directors of Nitin Spinners Limited meeting held on May 6, 2023, recommended Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended March 31, 2023, subject to approval of Shareholders.
Price Target Changed • Feb 07Price target decreased by 16% to ₹397Down from ₹473, the current price target is an average from 2 analysts. New target price is 97% above last closing price of ₹202. Stock is down 37% over the past year. The company posted earnings per share of ₹58.01 last year.
Reported Earnings • Feb 05Third quarter 2023 earnings released: EPS: ₹5.62 (vs ₹16.59 in 3Q 2022)Third quarter 2023 results: EPS: ₹5.62 (down from ₹16.59 in 3Q 2022). Revenue: ₹5.37b (down 24% from 3Q 2022). Net income: ₹315.8m (down 66% from 3Q 2022). Profit margin: 5.9% (down from 13% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
공시 • Jan 24Nitin Spinners Limited to Report Q3, 2023 Results on Feb 02, 2023Nitin Spinners Limited announced that they will report Q3, 2023 results at 12:08 PM, Indian Standard Time on Feb 02, 2023
Buying Opportunity • Dec 22Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be ₹239, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 86%.
Buying Opportunity • Dec 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be ₹262, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 86%.
Price Target Changed • Nov 16Price target decreased to ₹635Down from ₹703, the current price target is provided by 1 analyst. New target price is 230% above last closing price of ₹193. Stock is down 29% over the past year. The company posted earnings per share of ₹58.01 last year.
Reported Earnings • Nov 09Second quarter 2023 earnings released: EPS: ₹5.18 (vs ₹15.54 in 2Q 2022)Second quarter 2023 results: EPS: ₹5.18 (down from ₹15.54 in 2Q 2022). Revenue: ₹5.07b (down 24% from 2Q 2022). Net income: ₹291.1m (down 67% from 2Q 2022). Profit margin: 5.7% (down from 13% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 61% per year, which means it is significantly lagging earnings growth.
공시 • Sep 16Nitin Spinners Approves Declaration of Dividend for the Financial Year Ended March 31, 2022Nitin Spinners Limited at the AGM held on September 15, 2022 approved declaration of Dividend of INR 2.50 per equity shares for the financial year ended March 31, 2022.
Upcoming Dividend • Aug 31Upcoming dividend of ₹2.50 per shareEligible shareholders must have bought the stock before 07 September 2022. Payment date: 15 October 2022. Payout ratio is a comfortable 6.8% and this is well supported by cash flows. Trailing yield: 2.3%. Within top quartile of Indian dividend payers (1.6%). Higher than average of industry peers (0.5%).
Reported Earnings • Aug 08First quarter 2023 earnings released: EPS: ₹11.66 (vs ₹10.67 in 1Q 2022)First quarter 2023 results: EPS: ₹11.66 (up from ₹10.67 in 1Q 2022). Revenue: ₹7.09b (up 28% from 1Q 2022). Net income: ₹655.8m (up 9.3% from 1Q 2022). Profit margin: 9.3% (down from 11% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
공시 • Aug 07Nitin Spinners Limited, Annual General Meeting, Sep 15, 2022Nitin Spinners Limited, Annual General Meeting, Sep 15, 2022.
공시 • Jul 26Nitin Spinners Limited to Report Q1, 2023 Results on Aug 06, 2022Nitin Spinners Limited announced that they will report Q1, 2023 results at 12:15 PM, Indian Standard Time on Aug 06, 2022
공시 • May 14Nitin Spinners Limited Recommends Final Dividend for the Year Ended 31St March, 2022Nitin Spinners Limited recommended final Dividend @ 25% i.e. INR 2.50 per share of INR 10/- each for the year ended 31st March, 2022, subject to approval of Shareholders. This is in addition to interim Dividend of INR 1.50 per share paid during the month of February, 22. Accordingly, dividend for the Fiscal Year 2021-22 aggregates to INR 4.00 per share of INR 10/- each.
Reported Earnings • May 14Full year 2022 earnings released: EPS: ₹58.01 (vs ₹12.25 in FY 2021)Full year 2022 results: EPS: ₹58.01 (up from ₹12.25 in FY 2021). Revenue: ₹26.9b (up 66% from FY 2021). Net income: ₹3.26b (up 374% from FY 2021). Profit margin: 12% (up from 4.2% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to ₹735Up from ₹400, the current price target is provided by 1 analyst. New target price is 207% above last closing price of ₹239. Stock is up 172% over the past year. The company posted earnings per share of ₹12.25 last year.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to ₹227, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 169% over the past three years.
Valuation Update With 7 Day Price Move • Feb 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹281, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 296% over the past three years.
Reported Earnings • Feb 04Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹16.59 (up from ₹4.13 in 3Q 2021). Revenue: ₹7.05b (up 51% from 3Q 2021). Net income: ₹932.6m (up 301% from 3Q 2021). Profit margin: 13% (up from 5.0% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth.
공시 • Feb 04Nitin Spinners Limited Approves Interim Dividend for the Year 2022Nitin Spinners Limited in its Board of Director Meeting held on February 3, 2022 approved and declared Interim Dividend @ 15% i.e. INR 1.50 per share on fully paid up Equity Share of INR 10.00 each of the Company. The said Interim Dividend shall be credited/paid within 30 days from the date of declaration to the shareholders holding shares of the Company on record date February 11, 2022.
Reported Earnings • Nov 11Second quarter 2022 earnings released: EPS ₹15.54 (vs ₹2.12 in 2Q 2021)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹6.65b (up 56% from 2Q 2021). Net income: ₹873.9m (up ₹754.7m from 2Q 2021). Profit margin: 13% (up from 2.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 43% per year.
Upcoming Dividend • Sep 01Upcoming dividend of ₹1.50 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 16 October 2021. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.4%).
Reported Earnings • Aug 04First quarter 2022 earnings released: EPS ₹10.67 (vs ₹1.63 loss in 1Q 2021)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ₹5.54b (up 153% from 1Q 2021). Net income: ₹600.1m (up ₹691.7m from 1Q 2021). Profit margin: 11% (up from net loss in 1Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 01Investor sentiment improved over the past weekAfter last week's 26% share price gain to ₹245, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 21x in the Luxury industry in India. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹141, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 19x in the Luxury industry in India. Total returns to shareholders of 75% over the past three years.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹117, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 45% over the past three years.
Reported Earnings • May 09Full year 2021 earnings released: EPS ₹12.25 (vs ₹4.24 in FY 2020)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹16.3b (up 13% from FY 2020). Net income: ₹688.7m (up 189% from FY 2020). Profit margin: 4.2% (up from 1.7% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹103, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 14% over the past three years.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹82.45, the stock is trading at a trailing P/E ratio of 14.3x, up from the previous P/E ratio of 12.3x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 20%.
Price Target Changed • Feb 07Price target raised to ₹152Up from ₹100.00, the current price target is provided by 1 analyst. The new target price is 98% above the current share price of ₹76.60. As of last close, the stock is up 42% over the past year.
Reported Earnings • Jan 29Third quarter 2021 earnings released: EPS ₹4.13 (vs ₹1.03 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹4.67b (up 16% from 3Q 2020). Net income: ₹232.5m (up 301% from 3Q 2020). Profit margin: 5.0% (up from 1.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Jan 19Nitin Spinners Limited to Report Q3, 2021 Results on Jan 28, 2021Nitin Spinners Limited announced that they will report Q3, 2021 results on Jan 28, 2021
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹83.30, the stock is trading at a trailing P/E ratio of 31.2x, up from the previous P/E ratio of 26.6x. This compares to an average P/E of 20x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 25%.
Is New 90 Day High Low • Jan 04New 90-day high: ₹75.60The company is up 89% from its price of ₹40.05 on 06 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 25% over the same period.
Is New 90 Day High Low • Dec 15New 90-day high: ₹73.40The company is up 83% from its price of ₹40.20 on 16 September 2020. The Indian market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 21% over the same period.
Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 20% share price gain to ₹70.55, the stock is trading at a trailing P/E ratio of 26.4x, up from the previous P/E ratio of 22x. This compares to an average P/E of 18x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 33%.
Valuation Update With 7 Day Price Move • Nov 26Market bids up stock over the past weekAfter last week's 15% share price gain to ₹57.65, the stock is trading at a trailing P/E ratio of 21.6x, up from the previous P/E ratio of 18.7x. This compares to an average P/E of 16x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 44%.
Valuation Update With 7 Day Price Move • Oct 29Market bids up stock over the past weekAfter last week's 25% share price gain to ₹49.90, the stock is trading at a trailing P/E ratio of 71.8x, up from the previous P/E ratio of 57.5x. This compares to an average P/E of 14x in the Luxury industry in India. Total return to shareholders over the past three years is a loss of 58%.
Is New 90 Day High Low • Oct 26New 90-day high: ₹43.95The company is up 9.0% from its price of ₹40.30 on 28 July 2020. The Indian market is also up 9.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Luxury industry, which is up 17% over the same period.
Is New 90 Day High Low • Sep 22New 90-day low: ₹36.80The company is down 24% from its price of ₹48.40 on 24 June 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period.
공시 • Jul 26Nitin Spinners Limited to Report Q1, 2021 Results on Aug 08, 2020Nitin Spinners Limited announced that they will report Q1, 2021 results on Aug 08, 2020