Nitin Spinners Key Ratios
NSE: NITINSPIN | BSE: 532698
₹598.30
As on 30-Sep-2026IST
Market cap
₹3,364 Cr
Revenue (TTM)
₹3,296 Cr
P/E Ratio
15.9
P/B Ratio
2.2
Div. Yield
0.5 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.77 | 10.30 | -0.01 | 12.49 | 10.96 |
| EBIT | 25.93 | 58.58 | 10.18 | 25.50 | 5.05 |
| Net Profit | 31.21 | 83.64 | 21.54 | 18.24 | 8.94 |
| EPS | 31.21 | 83.64 | 21.54 | 18.24 | 8.94 |
| Book Value | -- | -- | 12.17 | 12.65 | 21.16 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 9.39 | 11.57 | 10.57 | 9.48 | 9.79 |
| Net Margin
| 5.11 | 6.86 | 6.42 | 5.52 | 5.30 |
| Return on equity
| 13.04 | 20.35 | 14.92 | 12.76 | 14.28 |
| Return on Capital
| 12.34 | 17.06 | -- | 12.21 | 13.19 |
| Return on Assets
| 6.02 | 8.97 | 7.50 | 6.29 | 6.44 |
| Debt to Equity (x)
| -- | -- | 0.37 | 0.76 | 0.89 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
12.21
|
13.19
|
11.61
|
11.95
|
|
Peer Median
|
--
|
6.59
|
6.17
|
7.19
|
--
|
ROE
14.92
Higher than Peers by 11.62
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
14.92
|
12.76
|
14.28
|
12.09
|
17.31
|
|
Peer Median
|
3.30
|
3.22
|
2.86
|
3.39
|
--
|
ROA
7.50
Higher than Peers by 6.47
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
7.50
|
6.29
|
6.44
|
5.33
|
8.15
|
|
Peer Median
|
1.03
|
1.53
|
1.67
|
1.84
|
--
|
EBIT Margin
10.57
Higher than Peers by 8.22
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
10.57
|
9.48
|
9.79
|
8.90
|
8.74
|
|
Peer Median
|
2.34
|
4.42
|
2.90
|
1.97
|
--
|
Net Margin
6.42
Higher than Peers by 5.26
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
6.42
|
5.52
|
5.30
|
4.52
|
6.84
|
|
Peer Median
|
1.16
|
1.45
|
1.24
|
1.28
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
10.13
|
9.77
|
8.60
|
10.45
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
-0.01
Lower than Peers by 0.65
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
-0.01
|
-2.78
|
13.77
|
20.73
|
-10.61
|
|
Peer Median
|
0.63
|
5.07
|
8.12
|
0.06
|
--
|
EBIT Growth
10.18
Lower than Peers by 2.38
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
10.18
|
-5.90
|
25.19
|
22.99
|
-62.74
|
|
Peer Median
|
12.57
|
58.59
|
22.87
|
-16.64
|
--
|
Net Profit Growth
21.54
Higher than Peers by 9.00
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
21.54
|
1.21
|
33.39
|
-20.20
|
-49.47
|
|
Peer Median
|
12.54
|
69.24
|
15.59
|
-25.73
|
--
|
EPS Growth
21.54
Higher than Peers by 2.80
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
21.54
|
1.21
|
33.39
|
-20.20
|
-49.47
|
|
Peer Median
|
18.73
|
58.49
|
25.02
|
41.67
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
12.17
|
14.38
|
11.41
|
17.48
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.37
Higher than Peers by 0.21
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
0.37
|
0.76
|
0.89
|
1.17
|
0.95
|
|
Peer Median
|
0.16
|
0.48
|
0.55
|
0.58
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
0.27
|
0.27
|
0.33
|
0.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.53
Higher than Peers by 0.20
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
1.53
|
1.53
|
1.71
|
1.54
|
1.50
|
|
Peer Median
|
1.33
|
1.41
|
1.39
|
1.34
|
--
|
Quick Ratio
0.72
Higher than Peers by 0.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
0.72
|
0.72
|
0.79
|
0.66
|
0.57
|
|
Peer Median
|
0.70
|
0.93
|
0.86
|
0.69
|
--
|
Interest Coverage
5.11
Higher than Peers by 3.60
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
5.11
|
4.37
|
3.62
|
3.13
|
5.67
|
|
Peer Median
|
1.51
|
1.91
|
1.52
|
1.75
|
--
|
Operating Efficiency
Debtors to sales
13.10
Higher than Peers by 1.95
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
13.10
|
13.44
|
13.00
|
11.06
|
9.25
|
|
Peer Median
|
11.15
|
12.47
|
12.53
|
11.74
|
--
|
Asset Turnover
1.17
Higher than Peers by 0.13
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
1.17
|
1.14
|
1.21
|
1.18
|
1.19
|
|
Peer Median
|
1.04
|
1.17
|
1.12
|
1.07
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
48.92
|
41.46
|
34.17
|
35.14
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
69.00
|
64.67
|
66.33
|
68.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
17.63
|
14.44
|
12.32
|
15.34
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
--
|
100.29
|
91.69
|
88.18
|
87.92
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
15.88
Lower than Peers by 11.67
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
15.88
|
10.89
|
10.24
|
13.85
|
7.70
|
|
Peer Median
|
27.55
|
21.60
|
47.24
|
51.68
|
--
|
Price / Book Value
2.18
Higher than Peers by 1.30
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
2.18
|
1.31
|
1.37
|
1.59
|
1.23
|
|
Peer Median
|
0.88
|
0.91
|
1.10
|
0.96
|
--
|
Dividend Yield
0.50
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
0.50
|
0.87
|
0.94
|
0.77
|
1.11
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
EV/EBITDA
8.91
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
8.91
|
6.66
|
6.21
|
8.33
|
7.49
|
|
Peer Median
|
--
|
10.31
|
14.56
|
6.35
|
--
|
Market Cap
3,364
Higher than Peers by 3,248
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Nitin Spinners
|
3,364
|
1,933
|
1,797
|
1,821
|
1,269
|
|
Peer Median
|
116
|
111
|
118
|
105
|
--
|