NITINSPIN Stock Overview
Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Rewards
Risk Analysis
Nitin Spinners Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹352.75 |
| 52 Week High | ₹394.60 |
| 52 Week Low | ₹227.00 |
| Beta | 0.54 |
| 1 Month Change | 3.63% |
| 3 Month Change | 9.94% |
| 1 Year Change | 41.67% |
| 3 Year Change | 322.71% |
| 5 Year Change | 336.30% |
| Change since IPO | 1,256.73% |
Recent News & Updates
Cautious Investors Not Rewarding Nitin Spinners Limited's (NSE:NITINSPIN) Performance Completely
Apr 08
Nitin Spinners' (NSE:NITINSPIN) Returns On Capital Not Reflecting Well On The Business
Mar 21Recent updates
Cautious Investors Not Rewarding Nitin Spinners Limited's (NSE:NITINSPIN) Performance Completely
Apr 08Nitin Spinners' (NSE:NITINSPIN) Returns On Capital Not Reflecting Well On The Business
Mar 21This Is The Reason Why We Think Nitin Spinners Limited's (NSE:NITINSPIN) CEO Might Be Underpaid
Sep 12Nitin Spinners (NSE:NITINSPIN) Is Paying Out A Dividend Of ₹2.50
Sep 10Nitin Spinners (NSE:NITINSPIN) Has Affirmed Its Dividend Of ₹2.50
Aug 27Nitin Spinners (NSE:NITINSPIN) Is Reinvesting At Lower Rates Of Return
Aug 23Calculating The Fair Value Of Nitin Spinners Limited (NSE:NITINSPIN)
Jan 15If EPS Growth Is Important To You, Nitin Spinners (NSE:NITINSPIN) Presents An Opportunity
Nov 30Nitin Spinners (NSE:NITINSPIN) Is Increasing Its Dividend To ₹2.50
Aug 25We Think Nitin Spinners (NSE:NITINSPIN) Can Stay On Top Of Its Debt
Jun 14Should You Be Adding Nitin Spinners (NSE:NITINSPIN) To Your Watchlist Today?
May 26I Ran A Stock Scan For Earnings Growth And Nitin Spinners (NSE:NITINSPIN) Passed With Ease
Dec 28Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet
Sep 21Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet
May 28Here's What's Concerning About Nitin Spinners' (NSE:NITINSPIN) Returns On Capital
May 07Should You Buy Nitin Spinners Limited (NSE:NITINSPIN) For Its Dividend?
Mar 08Nitin Spinners (NSE:NITINSPIN) Use Of Debt Could Be Considered Risky
Feb 18What Nitin Spinners Limited's (NSE:NITINSPIN) ROE Can Tell Us
Feb 03Our View On Nitin Spinners' (NSE:NITINSPIN) CEO Pay
Jan 19Is Nitin Spinners (NSE:NITINSPIN) Likely To Turn Things Around?
Jan 04Investors Who Bought Nitin Spinners (NSE:NITINSPIN) Shares A Year Ago Are Now Up 56%
Dec 17
Zooming in on NSE:NITINSPIN's 1.0% Dividend Yield
Nov 29Nitin Spinners (NSE:NITINSPIN) Use Of Debt Could Be Considered Risky
Nov 08How Much Did Nitin Spinners' (NSE:NITINSPIN) CEO Pocket Last Year?
Oct 06Is Nitin Spinners (NSE:NITINSPIN) Likely To Turn Things Around?
Sep 01Shareholder Returns
| NITINSPIN | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | 0.9% | -1.6% | -1.6% |
| 1Y | 41.7% | 29.5% | 45.0% |
Return vs Industry: NITINSPIN exceeded the Indian Luxury industry which returned 29.5% over the past year.
Return vs Market: NITINSPIN underperformed the Indian Market which returned 45% over the past year.
Price Volatility
| NITINSPIN volatility | |
|---|---|
| NITINSPIN Average Weekly Movement | 6.9% |
| Luxury Industry Average Movement | 6.9% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in IN Market | 10.1% |
| 10% least volatile stocks in IN Market | 4.2% |
Stable Share Price: NITINSPIN has not had significant price volatility in the past 3 months.
Volatility Over Time: NITINSPIN's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1992 | 5,229 | Dinesh Nolkha | www.nitinspinners.com |
Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India. The company offers ring spun carded, ring spun, compact ring spun combed, compact ring spun, blended ring spun, fancy slub, compact fancy slub, core spun, compact core spun, S and Z twist, organic cotton, BCI/TBC certified, Supima and Giza certified, contamination free, zero and eli twist, and poly /cotton blended open end yarns; and yarns made out of recycled fibers, as well as dye able cheese/cones used in woven and knitted apparel, furnishing fabrics, denims, terry towel, medical fabrics, tea bags, and bed linen. It also provides single jersey, Lycra blended, pique structured, interlock structured, rib structured, and 3 T fleece fabrics used in inner, comfort, sports, baby, and winter wears.
Nitin Spinners Limited Fundamentals Summary
| NITINSPIN fundamental statistics | |
|---|---|
| Market cap | ₹19.83b |
| Earnings (TTM) | ₹1.31b |
| Revenue (TTM) | ₹27.60b |
15.2x
P/E Ratio0.7x
P/S RatioIs NITINSPIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NITINSPIN income statement (TTM) | |
|---|---|
| Revenue | ₹27.60b |
| Cost of Revenue | ₹19.10b |
| Gross Profit | ₹8.50b |
| Other Expenses | ₹7.19b |
| Earnings | ₹1.31b |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 23.28 |
| Gross Margin | 30.79% |
| Net Profit Margin | 4.74% |
| Debt/Equity Ratio | 113.1% |
How did NITINSPIN perform over the long term?
See historical performance and comparison