Nitin Spinners Limited

NSEI:NITINSPIN Stock Report

Market Cap: ₹28.1b

Nitin Spinners Future Growth

Future criteria checks 4/6

Nitin Spinners is forecast to grow earnings and revenue by 20.1% and 14% per annum respectively. EPS is expected to grow by 20.1% per annum. Return on equity is forecast to be 15.1% in 3 years.

Key information

20.1%

Earnings growth rate

20.07%

EPS growth rate

Luxury earnings growth20.4%
Revenue growth rate14.0%
Future return on equity15.10%
Analyst coverage

Low

Last updated12 May 2026

Recent future growth updates

Recent updates

New Narrative May 12

Capacity Additions And Export Dependence Will Pressure Margins And Limit Long Term Upside

Catalysts About Nitin Spinners Nitin Spinners is a vertically integrated textile company producing cotton and blended yarns as well as knitted and woven fabrics for domestic and export markets. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 26

NITINSPIN: Stable Fair Value And Upcoming Results Date Will Support Bullish View

Analysts have nudged their price target for Nitin Spinners to around ₹481, reflecting small tweaks to assumptions such as the discount rate, long term revenue growth, profit margin and future P/E multiple. What's in the News Nitin Spinners has scheduled a board meeting on January 31, 2026, to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025 (company filing).
Narrative Update Jan 11

NITINSPIN: Stable Fair Value View Will Support Bullish Results Update Ahead

Analysts have kept their fair value estimate for Nitin Spinners broadly unchanged at around ₹481 per share, with only minor tweaks to assumptions on discount rate, revenue growth, profit margin and future P/E shaping this steady price target view. What's in the News A board meeting is scheduled for November 4, 2025, at 12:15 IST to review and approve the unaudited financial results for the quarter and half year ended September 30, 2025 (Key Developments).
Narrative Update Dec 22

NITINSPIN: Lower Risk Outlook Will Support Continued Bullish Momentum Ahead

Analysts have modestly increased their price target for Nitin Spinners to ₹481.33, citing slightly lower perceived risk and steady expectations for revenue growth, profitability, and valuation multiples. What's in the News Board meeting scheduled for November 4, 2025, at 12:15 IST to review and approve unaudited financial results for the quarter and half year ended September 30, 2025 (company filing) Limited review report on the unaudited financial results to be considered by the board, reflecting a focus on external assurance and governance around quarterly performance (company filing) Valuation Changes Fair Value: unchanged at ₹481.33, indicating no revision to the central valuation estimate.
Narrative Update Dec 08

NITINSPIN: Raised Price View Will Support Continued Bullish Momentum Ahead

Analysts have slightly raised their price target for Nitin Spinners to approximately ₹481 per share. This reflects modest adjustments to the discount rate and valuation multiples while leaving core growth and margin assumptions broadly unchanged.
Narrative Update Nov 24

NITINSPIN: Stable Earnings Outlook Will Support Continued Bullish Momentum Ahead

Analysts have maintained their fair value estimate for Nitin Spinners at ₹481.33, citing minimal changes in underlying assumptions such as the discount rate, revenue growth, profit margin, and future price-to-earnings projections. What's in the News The company has scheduled a Board Meeting on November 4, 2025, at 12:15 IST.
Narrative Update Nov 10

NITINSPIN: Upward Revenue Momentum Will Drive Positive Earnings Outlook Ahead

Analysts have revised their fair value estimate for Nitin Spinners downward and reduced the price target from ₹538 to ₹481.33 per share. This adjustment is due to an increase in discount rate and a slight downturn in projected profit margin, even though stronger revenue growth is still forecast.
Analysis Article Aug 31

We Think Some Shareholders May Hesitate To Increase Nitin Spinners Limited's (NSE:NITINSPIN) CEO Compensation

Key Insights Nitin Spinners' Annual General Meeting to take place on 6th of September CEO Dinesh Nolkha's total...
Narrative Update Aug 07

Indian Textile Exports Will Thrive On Expanded Capacity And Renewables

The reduction in Nitin Spinners’ consensus price target from ₹602.00 to ₹538.00 primarily reflects lowered revenue growth expectations and a modestly higher discount rate. What's in the News Board meeting scheduled to consider and approve unaudited Q1 FY26 financial results, finalize AGM date, designate Senior Management Personnel, and address other matters.
Analysis Article Apr 04

Take Care Before Diving Into The Deep End On Nitin Spinners Limited (NSE:NITINSPIN)

Nitin Spinners Limited's ( NSE:NITINSPIN ) price-to-earnings (or "P/E") ratio of 11.9x might make it look like a strong...
Analysis Article Mar 07

Investors Will Want Nitin Spinners' (NSE:NITINSPIN) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Ideally, a business will show two...
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New Narrative Jan 16

Focusing On Sustainable And Specialized Textiles Will Meet Future Consumer Demand

Focusing on value-added, sustainable products and renewable energy aims to improve profit margins and reduce operating costs.
Analysis Article Dec 19

Nitin Spinners Limited (NSE:NITINSPIN) Soars 27% But It's A Story Of Risk Vs Reward

Nitin Spinners Limited ( NSE:NITINSPIN ) shareholders have had their patience rewarded with a 27% share price jump in...
Analysis Article Dec 03

These 4 Measures Indicate That Nitin Spinners (NSE:NITINSPIN) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Sep 10

Here's Why Nitin Spinners Limited's (NSE:NITINSPIN) CEO Compensation Is The Least Of Shareholders' Concerns

Key Insights Nitin Spinners will host its Annual General Meeting on 16th of September Total pay for CEO Dinesh Nolkha...
Analysis Article Aug 24

Nitin Spinners (NSE:NITINSPIN) Is Due To Pay A Dividend Of ₹2.50

Nitin Spinners Limited ( NSE:NITINSPIN ) has announced that it will pay a dividend of ₹2.50 per share on the 16th of...
Analysis Article Aug 15

Is Nitin Spinners Limited (NSE:NITINSPIN) Trading At A 42% Discount?

Key Insights Using the 2 Stage Free Cash Flow to Equity, Nitin Spinners fair value estimate is ₹712 Current share price...
Analysis Article Jul 26

Nitin Spinners Limited (NSE:NITINSPIN) Stock Rockets 26% But Many Are Still Ignoring The Company

Nitin Spinners Limited ( NSE:NITINSPIN ) shareholders have had their patience rewarded with a 26% share price jump in...
Analysis Article Jul 17

Does Nitin Spinners (NSE:NITINSPIN) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 22

We Think That There Are More Issues For Nitin Spinners (NSE:NITINSPIN) Than Just Sluggish Earnings

The market wasn't impressed with the soft earnings from Nitin Spinners Limited ( NSE:NITINSPIN ) recently. We did some...
Analysis Article Apr 08

Cautious Investors Not Rewarding Nitin Spinners Limited's (NSE:NITINSPIN) Performance Completely

Nitin Spinners Limited's ( NSE:NITINSPIN ) price-to-earnings (or "P/E") ratio of 15.4x might make it look like a strong...
Analysis Article Mar 21

Nitin Spinners' (NSE:NITINSPIN) Returns On Capital Not Reflecting Well On The Business

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Sep 12

This Is The Reason Why We Think Nitin Spinners Limited's (NSE:NITINSPIN) CEO Might Be Underpaid

Key Insights Nitin Spinners' Annual General Meeting to take place on 18th of September Salary of ₹5.07m is part of CEO...
Analysis Article Sep 10

Nitin Spinners (NSE:NITINSPIN) Is Paying Out A Dividend Of ₹2.50

The board of Nitin Spinners Limited ( NSE:NITINSPIN ) has announced that it will pay a dividend of ₹2.50 per share on...
Analysis Article Aug 27

Nitin Spinners (NSE:NITINSPIN) Has Affirmed Its Dividend Of ₹2.50

Nitin Spinners Limited's ( NSE:NITINSPIN ) investors are due to receive a payment of ₹2.50 per share on 18th of...
Analysis Article Aug 23

Nitin Spinners (NSE:NITINSPIN) Is Reinvesting At Lower Rates Of Return

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Jan 15

Calculating The Fair Value Of Nitin Spinners Limited (NSE:NITINSPIN)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Nitin Spinners Limited...
Analysis Article Nov 30

If EPS Growth Is Important To You, Nitin Spinners (NSE:NITINSPIN) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Aug 25

Nitin Spinners (NSE:NITINSPIN) Is Increasing Its Dividend To ₹2.50

Nitin Spinners Limited ( NSE:NITINSPIN ) has announced that it will be increasing its dividend from last year's...
Analysis Article Jun 14

We Think Nitin Spinners (NSE:NITINSPIN) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 26

Should You Be Adding Nitin Spinners (NSE:NITINSPIN) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Dec 28

I Ran A Stock Scan For Earnings Growth And Nitin Spinners (NSE:NITINSPIN) Passed With Ease

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Sep 21

Nitin Spinners (NSE:NITINSPIN) Has A Somewhat Strained Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Earnings and Revenue Growth Forecasts

NSEI:NITINSPIN - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202842,5922,6823,5214,6043
3/31/202736,9892,313-6,5923,5792
3/31/202632,1391,7751,1904,105N/A
12/31/202531,9541,666N/AN/AN/A
9/30/202532,3361,6693,6944,454N/A
6/30/202532,9601,743N/AN/AN/A
3/31/202533,0571,7542,8573,074N/A
12/31/202432,6511,682N/AN/AN/A
9/30/202431,7661,552452,095N/A
6/30/202430,9151,447N/AN/AN/A
3/31/202429,0561,315-6,5351,635N/A
12/31/202327,5971,309N/AN/AN/A
9/30/202325,4651,307-8,2291,642N/A
6/30/202323,1501,281N/AN/AN/A
3/31/202324,0671,648-2,4151,938N/A
12/31/202225,2102,117N/AN/AN/A
9/30/202226,8872,7342,1213,503N/A
6/30/202228,4753,317N/AN/AN/A
3/31/202226,9233,2613,3904,314N/A
12/31/202124,3482,835N/AN/AN/A
9/30/202121,9672,1353,0193,354N/A
6/30/202119,5891,380N/AN/AN/A
3/31/202116,2446891,4241,549N/A
12/31/202014,930325N/AN/AN/A
9/30/202014,284151-1,0081,162N/A
6/30/202013,74139N/AN/AN/A
3/31/202014,381238-5,988982N/A
12/31/201913,712352N/AN/AN/A
9/30/201912,868438N/A645N/A
6/30/201912,256594N/AN/AN/A
3/31/201912,425641N/A1,037N/A
12/31/201812,157608N/AN/AN/A
9/30/201811,849632N/AN/AN/A
6/30/201811,581551N/AN/AN/A
3/31/201811,452524N/A663N/A
12/31/201711,440533N/AN/AN/A
9/30/201711,051518N/AN/AN/A
6/30/201710,271576N/AN/AN/A
3/31/20179,334573N/A536N/A
12/31/20168,385528N/AN/AN/A
9/30/20167,806483N/AN/AN/A
6/30/20167,641446N/AN/AN/A
3/31/20167,669442N/A1,004N/A
12/31/20157,695451N/AN/AN/A
9/30/20157,392449N/AN/AN/A
6/30/20156,801440N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NITINSPIN's forecast earnings growth (20.1% per year) is above the savings rate (6.9%).

Earnings vs Market: NITINSPIN's earnings (20.1% per year) are forecast to grow faster than the Indian market (16.3% per year).

High Growth Earnings: NITINSPIN's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NITINSPIN's revenue (14% per year) is forecast to grow faster than the Indian market (10.8% per year).

High Growth Revenue: NITINSPIN's revenue (14% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: NITINSPIN's Return on Equity is forecast to be low in 3 years time (15.1%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/23 13:39
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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 Github.

Analyst Sources

Nitin Spinners Limited is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAntique Stockbroking Ltd.
null nullEast India Securities Ltd
Naveed MD.FirstCall Research