532698 Stock Overview
Manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 3/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
My Notes
Capture your thoughts, links and company narrative
Nitin Spinners Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹458.50 |
| 52 Week High | ₹493.90 |
| 52 Week Low | ₹292.65 |
| Beta | 0.50 |
| 1 Month Change | 21.83% |
| 3 Month Change | 15.64% |
| 1 Year Change | 36.05% |
| 3 Year Change | 92.77% |
| 5 Year Change | 868.32% |
| Change since IPO | 1,712.25% |
Recent News & Updates
Recent updates
Shareholder Returns
| 532698 | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | -2.7% | -2.9% | -4.3% |
| 1Y | 36.1% | 12.5% | 19.1% |
Return vs Industry: 532698 exceeded the Indian Luxury industry which returned 12.5% over the past year.
Return vs Market: 532698 exceeded the Indian Market which returned 19.1% over the past year.
Price Volatility
| 532698 volatility | |
|---|---|
| 532698 Average Weekly Movement | 5.4% |
| Luxury Industry Average Movement | 6.4% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: 532698 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 532698's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 7,142 | Dinesh Nolkha | www.nitinspinners.com |
Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India and internationally. The company offers yarns, including cotton ring spun carded, cotton ring spun, cotton compact ring spun combed, cotton compact ring spun carded, poly/cotton blended ring spun, multifold ring spun, fancy and core slub, compact fancy slub, compact core spun, S and Z twist, organic, BCI/TBC certified, supima and giza certified, contamination free, zero and eli twist, poly/cotton blended open end yarns, and yarns made out of recycled fibers. It also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique structures, interlock structures, rib structures, and 3 T fleece fabrics; and finished and printed fabrics.
Nitin Spinners Limited Fundamentals Summary
| 532698 fundamental statistics | |
|---|---|
| Market cap | ₹25.26b |
| Earnings (TTM) | ₹1.55b |
| Revenue (TTM) | ₹31.77b |
16.3x
P/E Ratio0.8x
P/S RatioIs 532698 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 532698 income statement (TTM) | |
|---|---|
| Revenue | ₹31.77b |
| Cost of Revenue | ₹20.50b |
| Gross Profit | ₹11.27b |
| Other Expenses | ₹9.72b |
| Earnings | ₹1.55b |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 28.11 |
| Gross Margin | 35.48% |
| Net Profit Margin | 4.89% |
| Debt/Equity Ratio | 96.9% |
How did 532698 perform over the long term?
See historical performance and comparisonDividends
0.5%
Current Dividend Yield11%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:54 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nitin Spinners Limited is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | East India Securities Ltd |
| Naveed MD. | FirstCall Research |
| Awanish Chandra | SMIFS Limited |