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Nitin Spinners NITINSPIN.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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653.70

-0.28%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2025

Revenue

₹32.83bn

FY2016FY2025

Net income

₹1.75bn

FY2016FY2025

Free cash flow

₹2.86bn

FY2016FY2025

Shareholders' equity

₹13.11bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue₹32.83bn₹28.81bn₹23.85bn₹26.64bn₹16.24bn₹14.38bn₹12.43bn₹11.45bn₹9.33bn₹7.67bn
Gross profit₹7.93bn₹6.26bn₹4.94bn₹9.05bn₹4.46bn₹3.08bn₹3.03bn₹2.70bn₹2.34bn₹2.39bn
Operating income₹3.01bn₹2.34bn₹1.89bn₹5.31bn₹1.66bn₹890.7m₹1.24bn₹987.3m₹918.0m₹974.8m
Net income₹1.75bn₹1.32bn₹1.65bn₹3.26bn₹688.7m₹238.2m₹641.1m₹523.9m₹573.5m₹441.6m
Diluted earnings per share31.2023.3829.3258.0112.254.2311.389.3211.169.62

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets₹27.32bn₹27.17bn₹22.18bn₹18.24bn₹16.76bn₹16.45bn₹14.36bn₹9.29bn₹8.85bn₹6.08bn
Cash and short-term investments₹70.8m₹1.3m₹1.2m₹2.9m₹5.3m₹1.2m₹27.5m₹1.0m₹11.2m₹4.8m
Total liabilities₹14.21bn₹15.70bn₹11.89bn₹9.49bn₹11.13bn₹11.51bn₹9.54bn₹5.12bn₹6.21bn₹3.97bn
Debt₹9.91bn₹11.94bn₹8.74bn₹5.97bn₹8.47bn₹9.63bn₹8.04bn₹3.98bn₹5.02bn₹2.99bn
Shareholders' equity₹13.11bn₹11.46bn₹10.29bn₹8.76bn₹5.63bn₹4.94bn₹4.83bn₹4.17bn₹2.64bn₹2.11bn
Shares outstanding56m56m56m56m56m56m56m56m51m46m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations₹3.07bn₹1.63bn₹1.94bn₹4.31bn₹1.55bn₹981.9m₹1.04bn₹662.9m₹535.6m₹1.00bn
Capital spending−₹217.1m−₹8.17bn−₹4.35bn−₹924.7m−₹124.2m−₹6.97bn−₹4.84bn−₹201.5m−₹2.73bn−₹359.6m
Free cash flow₹2.86bn−₹6.53bn−₹2.42bn₹3.39bn₹1.42bn−₹5.99bn−₹3.80bn₹461.4m−₹2.20bn₹644.3m
Dividends paid−₹140.6m−₹140.6m−₹140.6m−₹168.7m−₹33.7m−₹70.3m−₹67.5m−₹55.0m−₹45.8m−₹45.8m

Latest quarters

By quarter end

Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024Jun 2024Mar 2024
Revenue₹8.01bn₹7.60bn₹7.93bn₹8.41bn₹8.39bn₹8.23bn₹8.03bn₹7.76bn
Gross profit₹2.28bn₹2.13bn₹2.21bn₹2.31bn₹2.33bn₹2.28bn₹2.30bn₹1.94bn
Operating income₹742.9m₹622.9m₹743.7m₹837.0m₹798.8m₹780.5m₹820.9m₹554.6m
Net income₹444.1m₹347.9m₹409.9m₹463.7m₹447.8m₹421.6m₹421.2m₹391.7m
Diluted earnings per share7.906.197.298.257.967.497.496.96
Cash from operations—₹3.80bn—₹3.07bn—₹2.42bn—₹1.63bn
Capital spending—−₹669.0m—−₹217.0m—−₹127.0m—−₹8.17bn
Free cash flow—₹3.13bn—₹2.86bn—₹2.30bn—−₹6.54bn
Total assets—₹25.37bn—₹27.32bn—₹26.52bn—₹27.17bn
Cash and short-term investments—₹59.4m—₹123.1m—₹138.1m—₹5.8m
Debt—₹5.47bn—₹6.37bn—₹7.25bn—₹8.11bn
Shareholders' equity—₹13.69bn—₹13.11bn—₹12.18bn—₹11.46bn

Financial ratios

Data as of 28 Sept 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Gross margin17.1%27.9%21.4%32.5%33.9%26.6%——
Operating margin9.5%9.3%8.1%8.1%20.1%9.4%——
Net margin5.5%5.3%4.5%6.9%12.2%4.3%——
Return on equity12.1%13.4%11.5%16.0%37.2%12.2%——
Return on assets6.1%6.4%4.8%7.4%17.9%4.1%——
Free cash flow yield18.8%9.8%26.7%18.8%15.6%5.0%——
Revenue growth-2.8%13.8%21.8%-10.5%65.6%13.0%——
Earnings growth1.2%33.4%-20.2%-49.5%373.5%189.2%——
Current ratio1.53x1.71x1.54x1.50x1.83x1.27x——
Debt to equity0.76x0.89x1.17x0.95x0.79x1.71x——
Equity ratio50.5%48.0%42.2%46.4%48.0%33.6%——
Interest coverage4.30x3.39x2.81x5.13x9.68x2.47x——
R&D as a share of sales——0.3%0.2%0.2%0.2%0.2%0.2%
Buybacks as a share of market value0.0%0.1%-0.1%0.0%-0.0%0.1%——

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.2%17.9%18.2%
Operating income-17.3%27.6%15.4%
Net income-18.7%49.1%15.7%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin23.0%25.1%25.0%25.5%
Operating margin8.7%11.2%10.6%10.5%
Net margin5.0%7.1%6.2%6.1%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings10.119.011.03.521.116.64.510.410.47.2
Price to sales0.50.90.80.40.90.30.20.50.60.4

Dividends and splits

Per share, in the currency the company pays

Paid for 12 years. Last went ex-dividend on 11 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year3.002.502.502.503.000.601.251.20

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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