Nitin Spinners Peer Comparison

NSE: NITINSPIN | BSE: 532698

₹653.70

₹-16.45 (-2.45%)

As on 09-Nov-2026IST

Market cap

₹3,670 Cr

Revenue (TTM)

₹3,521 Cr

P/E Ratio

13.8

P/B Ratio

2.3

Div. Yield

0.5 %

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	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Market cap (₹ Cr)	3,670	3,099	2,327	1,465	1,575
Revenue (₹ Cr)	3,521	3,564	1,718	637	1,492
Net Profit (₹ Cr)	265.71	151.77	85.37	16.47	34.14
Net Margin (%)	7.53	4.25	4.93	2.55	2.28
RoE (%)	17.19	13.83	6.55	9.80	6.76
Price to Earnings	13.81	20.42	27.35	87.93	46.12
Price-To-Book	2.26	2.66	1.76	8.34	2.56

Income Statement (₹ Cr)

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Operating Revenue	3,520.65	3,564.25	1,717.79	599.54	1,491.90
Total Income	3,527.32	3,573.28	1,733.27	608.51	1,498.63
Total Expenditure	2,947.65	3,151.50	1,514.28	566.09	1,353.78
EBITDA	573.00	412.75	203.50	33.44	138.12
Depreciation	149.84	100.94	69.30	8.76	58.54
EBIT	423.16	311.81	134.20	24.69	79.58
Interest	73.10	114.63	37.12	10.91	33.58
Other Income	6.67	9.03	15.48	8.98	6.73
Exceptional Items	0.00	-6.64	0.00	0.00	-8.33
Profit before Tax	356.73	199.57	112.57	22.75	44.40
Provision for Tax	91.03	47.80	27.20	6.09	10.24
Profit after Tax	265.71	151.77	85.37	16.66	34.16

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Shareholder's Funds	1,621.51	1,190.96	1,323.76	175.73	615.02
Minority Interest	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities	1,340.80	986.91	399.69	52.12	76.98
Current Liabilities	778.65	1,493.30	331.07	83.48	498.00
Total Liabilities	2,914.61	3,325.95	2,003.38	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Non-Current Assets	2,379.53	1,758.83	1,152.59	117.38	579.36
Current Assets	1,235.95	1,789.19	816.00	188.17	580.70
Total Assets	2,914.61	3,325.95	2,003.38	--	--
Total Debt*	1,124.50	1,275.94	495.61	--	--
Net Current Assets	457.30	295.89	484.93	104.68	82.70
Contingent Liabilities	132.71	89.20	65.16	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
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	Pashupati Cotspin	AYM Syntex
ROCE (%)	12.21	10.09	5.42	--	--
ROE (%)	17.19	13.83	6.55	9.80	6.76
ROA (%)	8.46	4.46	4.18	5.63	3.01
EBIT Margin (%)	12.02	8.75	7.81	4.12	5.33
Net Margin (%)	7.53	4.25	4.93	2.74	2.28
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Revenue Growth (%)	8.88	16.32	19.07	-6.31	5.52
EBIT Growth (%)	40.93	106.22	25.44	74.16	192.47
Net Profit Growth (%)	59.18	307.66	33.88	18.44	2,192.62
EPS Growth (%)	59.18	278.31	26.54	-85.54	2,610.75
Book Value Growth (%)	12.17	6.90	14.45	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Price / Earnings	13.81	19.76	27.35	87.93	38.65
Price / Book Value	2.26	2.66	1.76	8.34	2.56
Dividend Yield (%)	0.46	0.32	0.40	0.05	0.00
EV/EBITDA	8.35	10.13	13.23	45.72	12.58
Market Cap (₹ Cr)	1,932.82	2,089.51	2,283.69	--	--

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Debt to Equity	0.73	0.74	0.24	0.19	0.10
Short term debt to equity ratio	0.27	0.43	0.10	--	--
Current Ratio	1.59	1.20	2.46	2.25	1.17
Quick Ratio	0.95	0.76	1.59	1.61	0.63
Interest Coverage	5.88	2.74	4.03	3.09	2.32

	Nitin Spinners	Sangam (India)	Ganesha Ecosphere	Pashupati Cotspin	AYM Syntex
Debtors to sales (%)	17.15	23.29	12.98	5.74	12.51
Asset Turnover	1.12	1.05	0.84	2.03	1.32
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.