Sector
TextilesOpen
₹410.65Prev. Close
₹387Turnover(Lac.)
₹4,638.51Day's High
₹428.5Day's Low
₹410.652 Week's High
₹417.652 Week's Low
₹227Book Value
₹206.41Face Value
₹10Mkt Cap (₹ Cr.)
2,361.52P/E
16.54EPS
23.39Divi. Yield
0.651 Dec 2023
12:00 AM
EGM
6 May 2023
12:00 AM
Dividend
Dividend Amount: 2.5
13 Jul 2024
12:00 AM
Board Meeting
Agenda : Audited Result
5 Aug 2023
12:00 AM
AGM
Announcement Date: 05 Aug, 2023
| Y/e 31 Mar( In .Cr) | Mar-2023 | Mar-2022 | Mar-2021 | Mar-2020 |
|---|---|---|---|---|
Equity Capital | 56.22 | 56.22 | 56.22 | 56.22 |
Preference Capital | 0 | 0 | 0 | 0 |
Reserves | 972.68 | 819.59 | 507.13 | 437.81 |
Net Worth | 1,028.9 | 875.81 | 563.35 | 494.03 |
Minority Interest |
| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 | Mar-2018 | Mar-2017 |
|---|---|---|---|---|
Revenue | 1,624.41 | 1,438.06 | 1,145.24 | 933.37 |
yoy growth (%) | 12.95 | 25.56 | 22.69 | 21.71 |
Raw materials | -946.3 | -913.97 | -727.56 | -589.01 |
As % of sales | 58.25 | 63.55 | 63.52 | 63.1 |
Employee costs | -111.77 | -94.32 | -60.65 | -51.84 |
| Y/e 31 Mar( In .Cr) | Mar-2021 | Mar-2020 | Mar-2018 | Mar-2017 |
|---|---|---|---|---|
Profit before tax | 106.51 | 35.64 | 71.43 | 70.31 |
Depreciation | -91.03 | -80.69 | -56.19 | -41.65 |
Tax paid | -37.64 | -11.82 | -19.04 | -12.96 |
Working capital | 96.92 | 118.72 | 73.1 | 60.01 |
Other operating items |
| Y/e 31 Mar | Mar-2021 | Mar-2020 | Mar-2018 | Mar-2017 |
|---|---|---|---|---|
Growth matrix (%) | ||||
Revenue growth | 12.95 | 25.56 | 22.69 | 21.71 |
Op profit growth | 51.53 | 9.58 | 16.07 | -2.61 |
EBIT growth | 84.34 | -9.68 | 9.06 | -5.72 |
Net profit growth | 189.16 | -54.53 | -8.65 | 29.85 |
Company Name | LTP (₹) | P/E (%) | Mkt.Cap (₹Cr.) | NP Qtr (₹Cr.) | Div.Yield (%) | Sales Qtr (₹.Cr) | Book Value (₹) |
|---|---|---|---|---|---|---|---|
Grasim Industries Ltd GRASIM | 2,743 | 119.96 | 1,80,969.85 | -440.93 | 0.37 | 6,767.51 | 791.42 |
Trident Ltd TRIDENT | 36.98 | 52.06 | 18,835.07 | 64.19 | 0.97 | 1,679.03 | 7.1 |
Welspun Living Ltd WELSPUNLIV | 172 | 28.03 | 16,700.53 | 146.56 | 0.06 | 2,055.78 | 38.49 |
Vardhman Textiles Ltd VTL | 521.55 | 24.86 | 15,102.15 | 186.63 | 0.77 | 2,413.23 | 304.48 |
Raymond Ltd RAYMOND | 2,090.8 | 25.1 | 13,917.57 | 195.46 | 0.48 | 1,996.67 | 423.31 |
Figures of Market Capital(Mar Cap), Quarterly Net Profit(NP Qtr) and Quarterly Sales(Sales Qtr) are in ₹ Cr.
Managing Director
Dinesh Nolkha
Joint Managing Director
Nitin Nolakha
Vice President & CS
Sudhir Garg
Independent Director
R Chattopadhyay
Independent Director
Aditi mehta
Independent Director
Rohit Swadheen Mehta
Tel: -
Website: -
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Reports by Nitin Spinners Ltd
Summary
Nitin Spinners Ltd was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Pvt Ltd. On November 15, 1994, the company was converted into public limited company and the name was changed to Nitin Spinners Ltd. Nitin Spinners Ltd is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton Yarns and Fabrics. The company engaged in the textiles business. They manufacture the range of yarn which include open end yarns, multifold open end yarns, ring spun combed yarns, multifold ring spun yarns, S and Z twist yarns, dyeable cheese cones and organic cotton yarns and blends. The company offers fabrics in greige form in tubular and open width. The range includes single jersey, pique structures, interlock structures, rib structures and three thread fleece. The companys range of products are used to manufacture products, such as apparel and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks. In the year 1993, the company set up their first unit at Hamirgarh, Bhilwara (Rajasthan) for manufacturing coarse cotton yarns. They installed two open-end spinning machines with 192 Rotors each aggregating 384 Rotors which were acquired from Elitex, Czechoslovakia under EPCG scheme. In November 1993, they commenced commercial production.In the year 1994, the company undertook first expansion project involving installation of one
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What is the Nitin Spinners Ltd share price today?
The Nitin Spinners Ltd shares price on N/A is Rs.₹419.95 today.
What is the Market Cap of Nitin Spinners Ltd?
Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Nitin Spinners Ltd is ₹2360.96 Cr. as of 22 Jul ‘24
What is the PE and PB ratio of Nitin Spinners Ltd?
The PE and PB ratios of Nitin Spinners Ltd is 16.54 and 1.90 as of 22 Jul ‘24
What is the 52 Week High and Low of Nitin Spinners Ltd?
The 52-week high/low is the highest and lowest price at which a Nitin Spinners Ltd stock has traded during that given time period (similar to 1 year) and is considered as a technical indicator. The 52 week high and low of Nitin Spinners Ltd is ₹225 and ₹417.6 as of 22 Jul ‘24
What is the CAGR of Nitin Spinners Ltd?
Nitin Spinners Ltd's CAGR for 5 Years at 43.10%, 3 Years at 28.16%, 1 Year at 48.43%, 6 Month at 13.73%, 3 Month at 11.89% and 1 Month at 11.29%.
What is the shareholding pattern of Nitin Spinners Ltd?
The shareholding pattern of Nitin Spinners Ltd is as follows:
Promoters - 56.47 %
Institutions - 15.59 %
Public - 27.94 %
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