NITINSPIN 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
Nitin Spinners Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹369.40 |
| 52 Week High | ₹474.00 |
| 52 Week Low | ₹293.00 |
| Beta | 0.47 |
| 11 Month Change | -9.09% |
| 3 Month Change | -14.18% |
| 1 Year Change | 16.44% |
| 33 Year Change | 46.56% |
| 5 Year Change | 615.89% |
| Change since IPO | 1,320.77% |
Recent News & Updates
Here's Why Nitin Spinners Limited's (NSE:NITINSPIN) CEO Compensation Is The Least Of Shareholders' Concerns
Sep 10
Nitin Spinners (NSE:NITINSPIN) Is Due To Pay A Dividend Of ₹2.50
Aug 24Recent updates
Here's Why Nitin Spinners Limited's (NSE:NITINSPIN) CEO Compensation Is The Least Of Shareholders' Concerns
Sep 10Nitin Spinners (NSE:NITINSPIN) Is Due To Pay A Dividend Of ₹2.50
Aug 24Is Nitin Spinners Limited (NSE:NITINSPIN) Trading At A 42% Discount?
Aug 15Nitin Spinners Limited (NSE:NITINSPIN) Stock Rockets 26% But Many Are Still Ignoring The Company
Jul 26Does Nitin Spinners (NSE:NITINSPIN) Have A Healthy Balance Sheet?
Jul 17We Think That There Are More Issues For Nitin Spinners (NSE:NITINSPIN) Than Just Sluggish Earnings
May 22Cautious 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 06Shareholder Returns
| NITINSPIN | IN Luxury | IN Market | |
|---|---|---|---|
| 7D | -8.0% | -3.4% | -3.4% |
| 1Y | 16.4% | 6.9% | 27.0% |
Return vs Industry: NITINSPIN exceeded the Indian Luxury industry which returned 6.9% over the past year.
Return vs Market: NITINSPIN underperformed the Indian Market which returned 27% over the past year.
Price Volatility
| NITINSPIN volatility | |
|---|---|
| NITINSPIN Average Weekly Movement | 4.5% |
| Luxury Industry Average Movement | 6.0% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.2% |
| 10% least volatile stocks in IN Market | 4.0% |
Stable Share Price: NITINSPIN has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: NITINSPIN'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
| NITINSPIN fundamental statistics | |
|---|---|
| Market cap | ₹20.40b |
| Earnings (TTM) | ₹1.55b |
| Revenue (TTM) | ₹31.77b |
13.1x
P/E Ratio0.6x
P/S RatioIs NITINSPIN overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NITINSPIN 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 NITINSPIN perform over the long term?
See historical performance and comparison