Nitin Spinners Ltd Share Price

Q: What is the share price of Nitin Spinners Ltd today?

Nitin Spinners Ltd share price as on 22 Jan 2025 is ₹397.9

Textiles - Spinning/Cotton/Blended Yarn - Ring Spg

NSE: NITINSPIN Small Cap ISIN: INE229H01012

As on 22 January 2025 at 18:18 IST

₹397.90

-10.90

(-2.67%)

Sell Buy

Over 1 Month

-12.72%

Over 6 Months

-5.03%

Over 1 Year

27.41%

Over 3 Years

38.37%

Nitin Spinners Ltd Summary

Close ₹ 397.90

Open ₹ 411

High ₹ 411.05

Low ₹ 386.40

Volume 1,08,247

Net Turnover (in ₹) ₹ 5,16,81,278.65

52Wk High ₹ 494.35

52Wk Low ₹ 293

52Wk High / Low

293

494.35

Nitin Spinners Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 2,298.27

EPS (TTM) 27.61

Book Value (BV) 216.59

Div. Yield 0.61 %

P/E (TTM) 14.84

Price/Book Value 1.89

Delivery % 48.96 %

Face Value 10

Key Ratios

PE Ratio 13.85

PB Ratio 1.59

EV to Sales 1.09

PEG Ratio -0.68

ROA 5.28

ROE 12.09

Debt-Equity 1.07

Net Profit Margin 4.53

Operating Profit Margin 13.05

Nitin Spinners Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

No data available

Balance Sheet

No data available

Cash Flow

No data available

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,907.90	2,410.02	2,694.16	1,626.31	1,440.19
Total Expenses	2,730.37	2,234.14	2,183.44	1,519.79	1,404.54
Profit Before Tax	177.53	175.88	506.17	106.52	35.64
Profit After Tax	131.52	164.81	326.14	68.87	23.82
Operating Profit after Depreciation	260.84	213.56	566.05	168.13	91.20

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,708.91	1,011.09	1,011.87	1,059.73	1,139.61
Total Non Current Assets	1,729.93	1,421.99	1,070.10	1,072.98	1,156.08
Total Current Assets	986.72	795.99	754.27	603.35	489.18
TOTAL ASSETS	2,716.65	2,217.98	1,824.37	1,676.32	1,645.26
Total Shareholder's Fund	1,146.33	1,028.90	875.81	563.35	494.03

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	163.48	193.76	431.43	154.87	98.19
Net Cash used in Investing Activities	-425.50	-433.40	-85.90	-11.22	-216.72
Net Cash used in Financing Activities	262.02	239.45	-345.29	-143.75	115.90

No data available

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	822.52	802.97	800.71	750.42	737.40
Total Expenses	707.37	684.17	684.47	647.69	655.42
Profit Before Tax	56.98	56.92	52.78	43.09	42.70
Profit After Tax	42.16	42.12	39.17	31.75	31.70
Operating Profit after Depreciation	115.82	120.23	116.86	103.03	82.30

Nitin Spinners Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 402.05

S2 395.30

S3 385.60

Pivot 411.75

R1 418.50

R2 428.20

R3 434.95

Moving Average

20 SMA 417.99

50 SMA 424.82

100 SMA 414.36

200 SMA 393.44

Nitin Spinners Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Nitin Spinners Ltd

₹2.5/Share

Announcement Date 09 Sep 2024

Record Date 10 Sep 2024

Div Yield 25%

Nitin Spinners Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Nitin Spinners Ltd	₹409.70	₹2,303.33
Grasim Industries Ltd	₹2,369	₹1,56,000.94
Trident Ltd	₹32	₹16,307.42
Welspun Living Ltd	₹151.45	₹14,718.04
Vardhman Textiles Ltd	₹477.80	₹13,816.77
Raymond Lifestyle Ltd	₹1,890	₹11,514.57

Nitin Spinners Ltd News

Nitin Spinners to hold board meeting

On 27 January 2025

20 Jan 2025, 01:45 pm

Nitin Spinners announces board meeting date

On 7 November 2024

26 Oct 2024, 03:56 pm

Nitin Spinners to conduct AGM

On 16 September 2024

23 Jul 2024, 06:16 pm

Board of Nitin Spinners approves change in directorate

At meeting held on 22 July 2024

22 Jul 2024, 05:36 pm

Nitin Spinners to table results

On 22 July 2024

13 Jul 2024, 01:36 pm

Nitin Spinners Ltd Stock Analysis

Annual revenue for Nitin Spinners Ltd increased by 20.66% to ₹2,907.90 crore in FY 2024 from ₹2,410.02 crore in FY 2023.
Annual Net Profit for Nitin Spinners Ltd decreased by 20.20% to ₹131.52 crore in FY 2024 from ₹164.81 crore in FY 2023.
Promoter Shareholding in Nitin Spinners Ltd remains unchanged by 0.00% in the most recent quarter, from 56.50% in September 2024 to 56.50% in December 2024.
Nitin Spinners Ltd delivered a 1-year return of 27.41% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Nitin Spinners Ltd share price moved down by 2.67% from its previous close of INR ₹408.80. The latest Nitin Spinners Ltd share price is INR ₹397.90.
Nitin Spinners Ltd share price today has been at a low of 386.40 and a high of 411.05. Over the past 52 weeks, the Nitin Spinners Ltd share price has seen a low of 293 and a high of 494.35.