Nitin Spinners Peer Comparison

NSE: NITINSPIN | BSE: 532698

₹594.60

₹-3.70 (-0.62%)

As on 01-Oct-2026IST

Market cap

₹3,352 Cr

Revenue (TTM)

₹3,296 Cr

P/E Ratio

15.8

P/B Ratio

2.2

Div. Yield

0.5 %

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	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Market cap (₹ Cr)	3,352	3,183	2,611	1,658	1,247
Revenue (₹ Cr)	3,296	3,305	1,568	1,390	699
Net Profit (₹ Cr)	211.83	121.50	56.60	18.77	15.74
Net Margin (%)	6.42	3.67	3.57	1.34	2.23
RoE (%)	14.92	12.05	4.45	3.23	9.65
Price to Earnings	15.82	26.20	46.22	88.31	79.70
Price-To-Book	2.17	2.85	2.00	2.80	7.28

Income Statement (₹ Cr)

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Operating Revenue	3,295.58	3,305.11	1,568.21	1,389.67	671.92
Total Income	3,301.26	3,307.36	1,585.87	1,399.32	680.64
Total Expenditure	2,798.50	2,936.64	1,403.03	1,282.07	639.89
EBITDA	497.08	368.47	165.17	107.60	32.03
Depreciation	148.89	85.14	66.65	59.86	8.76
EBIT	348.19	283.33	98.52	47.74	23.27
Interest	69.25	113.48	39.36	32.63	10.15
Other Income	5.67	2.25	17.66	9.65	8.72
Exceptional Items	0.00	-6.64	0.00	0.00	0.00
Profit before Tax	284.61	165.46	76.83	24.76	21.84
Provision for Tax	72.78	43.96	20.23	5.97	6.24
Profit after Tax	211.83	121.50	56.60	18.79	15.61

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Shareholder's Funds	1,470.73	1,076.27	1,275.67	588.57	164.10
Minority Interest	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities	693.63	802.67	414.15	67.49	54.92
Current Liabilities	750.25	1,435.88	313.56	415.68	78.20
Total Liabilities	2,914.61	3,325.95	2,003.38	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Non-Current Assets	1,608.88	1,615.40	1,134.53	573.78	121.87
Current Assets	1,146.46	1,596.04	821.08	476.33	167.64
Total Assets	2,914.61	3,325.95	2,003.38	--	--
Total Debt*	1,124.50	1,275.94	495.61	--	--
Net Current Assets	396.21	160.16	507.52	60.65	89.44
Contingent Liabilities	132.71	89.20	65.16	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Cash From Operating Activities	410.52	268.71	170.70	--	--
Cash Flow from Investing Activities	-286.70	-272.09	-158.16	--	--
Cash from Financing Activities	-127.94	17.23	-8.91	--	--
Net Cash Inflow / Outflow	-4.13	13.85	3.64	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
ROCE (%)	12.21	10.09	5.42	--	--
ROE (%)	14.92	12.05	4.45	3.23	9.62
ROA (%)	7.50	3.88	2.87	1.79	10.50
EBIT Margin (%)	10.57	8.57	6.28	3.44	3.46
Net Margin (%)	6.42	3.67	3.57	1.34	2.29
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Revenue Growth (%)	-0.01	11.90	6.96	-5.35	14.45
EBIT Growth (%)	10.18	151.67	-30.70	14.84	72.47
Net Profit Growth (%)	21.54	518.32	-38.08	222.85	13.27
EPS Growth (%)	21.54	389.52	-41.39	191.46	-54.20
Book Value Growth (%)	12.17	6.90	14.45	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Price / Earnings	15.82	25.19	46.22	88.03	23.98
Price / Book Value	2.17	2.85	2.00	2.80	7.28
Dividend Yield (%)	0.50	0.32	0.36	0.00	0.06
EV/EBITDA	8.99	11.57	18.03	16.92	40.96
Market Cap (₹ Cr)	1,932.82	2,089.51	2,283.69	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Debt to Equity	0.37	0.67	0.27	0.10	0.22
Short term debt to equity ratio	0.27	0.43	0.10	--	--
Current Ratio	1.53	1.11	2.62	1.15	2.14
Quick Ratio	0.72	0.70	1.67	0.57	1.52
Interest Coverage	5.11	2.46	2.95	1.76	3.15

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	AYM Syntex	Pashupati Cotspin
Debtors to sales (%)	13.10	19.28	12.61	9.64	7.23
Asset Turnover	1.17	1.05	0.80	1.32	4.52
Receivable days	48.92	65.15	45.43	--	--
Inventory Days	69.00	65.59	80.32	--	--
Payable days	17.63	24.31	31.44	--	--
Cash Conversion Cycle	100.29	106.43	94.31	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.