About
Nitin Spinners Limited manufactures and sells cotton and blended yarns, knitted fabrics, and finished woven fabrics in India and internationally. The company offers yarn products comprising cotton and poly/cotton blended, ring spun combed and carded, open end, compact, slub, core spun, multifold, twist, gassed, contamination free, and dye-able cheese/cones yarns, as well as yarn products made from Supima Giza, Organic, BCI cotton, and recycled fibres, etc.; and yarns with count range 6 to 100s. Its yarn products are used in woven and knitted apparel, tea bags, furnishing and medical fabrics, denims, and terry tow applications. The company also provides knitted fabrics, such as single jersey, lycra blended fabrics, pique and interlock structures, rib structures, 2T and 3T fleece fabrics, and open width with elastene for use in inner and comfort wear, sportswear, winterwear, and babywear applications. In addition, it offers finished and printed woven fabrics, including cotton spandex, poly/cotton spandex, RFD, bleached, dyed, print and yarn dyed, cotton viscose, and viscose and rayon fabrics; special finishes, such as teflon, wrinkle free, water repellant, nano care, soil release, anti-bacteria finish, aero finish, and bio polish; various weaves, which include twills, gabardines, broken twill, ripstop, canvas, mattie's, ducks, plain tussor, dobby, cord, and ottoman, etc.; and health and eco-friendly fabrics made from BCI/organic cotton. The company's finished and printed woven fabrics are used in fashion and image wear, uniforms, health care and hotel apparel, industrial and protective wear, and defense wear applications. It exports its products to approximately 55 countries. Nitin Spinners Limited was incorporated in 1992 and is headquartered in Bhilwara, India.
Key Metrics
as of Sep 2026Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 875.00 | 860.00 | 801.00 | 760.00 | 793.00 | 841.00 | 839.00 | 823.00 | 803.00 | 801.00 | 750.00 | 737.00 | 617.00 |
| Expenses | 719.00 | 729.00 | 689.00 | 661.00 | 682.00 | 721.00 | 722.00 | 707.00 | 684.00 | 684.00 | 648.00 | 655.00 | 541.00 |
| Operating Profit | 156.00 | 130.00 | 112.00 | 100.00 | 111.00 | 120.00 | 117.00 | 115.00 | 119.00 | 116.00 | 103.00 | 82.00 | 76.00 |
| OPM % | 18.00 | 15.00 | 14.00 | 13.00 | 14.00 | 14.00 | 14.00 | 14.00 | 15.00 | 15.00 | 14.00 | 11.00 | 12.00 |
| Other Income | 2.00 | 2.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 1.00 |
| Depreciation | 38.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 37.00 | 36.00 | 35.00 | 24.00 | 23.00 |
| Interest | 19.00 | 17.00 | 17.00 | 16.00 | 21.00 | 21.00 | 21.00 | 22.00 | 27.00 | 28.00 | 25.00 | 15.00 | 15.00 |
| Profit before tax | 101.00 | 78.00 | 58.00 | 47.00 | 55.00 | 63.00 | 60.00 | 57.00 | 57.00 | 53.00 | 43.00 | 43.00 | 39.00 |
| Tax % | 25.00 | 27.00 | 24.00 | 26.00 | 26.00 | 27.00 | 25.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 |
| Net Profit | 75.00 | 57.00 | 44.00 | 35.00 | 41.00 | 46.00 | 45.00 | 42.00 | 42.00 | 39.00 | 32.00 | 32.00 | 29.00 |
| EPS in Rs | 13.39 | 10.20 | 7.90 | 6.19 | 7.29 | 8.25 | 7.97 | 7.50 | 7.49 | 6.97 | 5.65 | 5.64 | 5.14 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,208.00 | 3,300.00 | 2,902.00 | 2,404.00 | 2,690.00 | 1,622.00 | 1,436.00 | 1,241.00 | 1,145.00 | 933.00 | 766.00 | 616.00 |
| Expenses | 2,756.00 | 2,829.00 | 2,525.00 | 2,107.00 | 2,039.00 | 1,365.00 | 1,266.00 | 1,062.00 | 990.00 | 799.00 | 629.00 | 516.00 |
| Operating Profit | 453.00 | 471.00 | 377.00 | 297.00 | 652.00 | 257.00 | 170.00 | 178.00 | 155.00 | 133.00 | 137.00 | 100.00 |
| OPM % | 14.00 | 14.00 | 13.00 | 12.00 | 24.00 | 16.00 | 12.00 | 14.00 | 14.00 | 14.00 | 18.00 | 16.00 |
| Other Income | 5.00 | 4.00 | 2.00 | 3.00 | -3.00 | 2.00 | 2.00 | 3.00 | 2.00 | 1.00 | 1.00 | 4.00 |
| Interest | 71.00 | 90.00 | 83.00 | 38.00 | 55.00 | 62.00 | 56.00 | 29.00 | 30.00 | 22.00 | 33.00 | 23.00 |
| Depreciation | 148.00 | 148.00 | 118.00 | 87.00 | 87.00 | 91.00 | 81.00 | 55.00 | 56.00 | 42.00 | 40.00 | 28.00 |
| Profit before tax | 239.00 | 237.00 | 178.00 | 176.00 | 506.00 | 107.00 | 36.00 | 97.00 | 71.00 | 70.00 | 65.00 | 54.00 |
| Tax % | 26.00 | 26.00 | 26.00 | 6.00 | 36.00 | 35.00 | 33.00 | 34.00 | 27.00 | 18.00 | 32.00 | 24.00 |
| Net Profit | 178.00 | 175.00 | 132.00 | 165.00 | 326.00 | 69.00 | 24.00 | 64.00 | 52.00 | 57.00 | 44.00 | 41.00 |
| EPS in Rs | 31.58 | 31.20 | 23.39 | 29.32 | 58.01 | 12.25 | 4.24 | 11.40 | 9.43 | 12.51 | 9.63 | 8.94 |
| Dividend Payout % | 10.00 | 10.00 | 11.00 | 9.00 | 4.00 | 12.00 | 14.00 | 11.00 | 13.00 | 10.00 | 10.00 | 11.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 56.00 | 46.00 | 46.00 | 46.00 |
| Reserves | 1,415.00 | 1,255.00 | 1,090.00 | 973.00 | 820.00 | 507.00 | 438.00 | 426.00 | 361.00 | 218.00 | 160.00 | 121.00 |
| Borrowings | 1,124.00 | 1,165.00 | 1,339.00 | 980.00 | 689.00 | 962.00 | 1,040.00 | 860.00 | 449.00 | 568.00 | 352.00 | 378.00 |
| Other Liabilities | 319.00 | 256.00 | 231.00 | 209.00 | 260.00 | 151.00 | 111.00 | 93.00 | 63.00 | 53.00 | 77.00 | 65.00 |
| Total Liabilities | 2,915.00 | 2,732.00 | 2,717.00 | 2,218.00 | 1,824.00 | 1,676.00 | 1,645.00 | 1,436.00 | 929.00 | 885.00 | 635.00 | 610.00 |
| Fixed Assets | 1,489.00 | 1,577.00 | 1,709.00 | 1,011.00 | 1,012.00 | 1,060.00 | 1,140.00 | 524.00 | 570.00 | 613.00 | 382.00 | 417.00 |
| CWIP | 102.00 | 7.00 | 2.00 | 340.00 | 0.00 | 2.00 | 0.00 | 468.00 | 4.00 | 0.00 | 17.00 | 0.00 |
| Investments | 17.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,306.00 | 1,148.00 | 1,005.00 | 867.00 | 812.00 | 615.00 | 506.00 | 445.00 | 355.00 | 272.00 | 236.00 | 193.00 |
| Total Assets | 2,915.00 | 2,732.00 | 2,717.00 | 2,218.00 | 1,824.00 | 1,676.00 | 1,645.00 | 1,436.00 | 929.00 | 885.00 | 635.00 | 610.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 411.00 | 307.00 | 163.00 | 194.00 | 431.00 | 155.00 | 98.00 | 104.00 | 66.00 | 54.00 | 100.00 | 45.00 |
| Cash from Investing Activity | -287.00 | -22.00 | -426.00 | -433.00 | -86.00 | -11.00 | -217.00 | -483.00 | -20.00 | -241.00 | -36.00 | -219.00 |
| Cash from Financing Activity | -128.00 | -279.00 | 262.00 | 239.00 | -345.00 | -144.00 | 116.00 | 382.00 | -47.00 | 188.00 | -65.00 | 176.00 |
| Net Cash Flow | -4.00 | 7.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.00 | 3.00 | -1.00 | 1.00 | 0.00 | 1.00 |
| Free Cash Flow | 119.00 | 286.00 | -262.00 | -240.00 | 345.00 | 143.00 | -119.00 | -380.00 | 46.00 | -188.00 | 65.00 | -175.00 |
| CFO/OP % | 103.00 | 76.00 | 50.00 | 83.00 | 82.00 | 66.00 | 64.00 | 69.00 | 53.00 | 52.00 | 83.00 | 56.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 49.00 | 48.00 | 40.00 | 34.00 | 33.00 | 37.00 | 39.00 | 36.00 | 28.00 | 19.00 | 19.00 | 24.00 |
| Inventory Days | 110.00 | 105.00 | 108.00 | 110.00 | 100.00 | 137.00 | 96.00 | 99.00 | 103.00 | 105.00 | 90.00 | 90.00 |
| Days Payable | 18.00 | 16.00 | 14.00 | 12.00 | 20.00 | 21.00 | 15.00 | 15.00 | 13.00 | 11.00 | 10.00 | 9.00 |
| Cash Conversion Cycle | 141.00 | 137.00 | 134.00 | 132.00 | 113.00 | 153.00 | 120.00 | 119.00 | 118.00 | 113.00 | 99.00 | 105.00 |
| Working Capital Days | 44.00 | 51.00 | 43.00 | 40.00 | 46.00 | 28.00 | 16.00 | 37.00 | 54.00 | 22.00 | 31.00 | 32.00 |
| ROCE % | 12.00 | 13.00 | 12.00 | 12.00 | 37.00 | 11.00 | 6.00 | 11.00 | 12.00 | 13.00 | 18.00 | 18.00 |
Corporate Actions
21 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 29 Aug 2025 | 30 Aug 2025 | — | 3.00 | |
| Dividend | 09 Sep 2024 | — | — | 2.50 | |
| Dividend | 11 Sep 2023 | — | — | 2.50 | |
| Dividend | 07 Sep 2022 | — | — | 2.50 | |
| Dividend | 10 Feb 2022 | 11 Feb 2022 | — | 1.50 | |
| Dividend | 08 Sep 2021 | — | — | 1.50 | |
| Dividend | 08 Sep 2020 | — | — | 0.60 | |
| Dividend | 12 Sep 2019 | — | — | 1.25 | |
| Dividend | 12 Sep 2018 | — | — | 1.20 | |
| Dividend | 24 Aug 2017 | — | — | 1.20 | |
| Dividend | 15 Sep 2016 | — | — | 1.00 | |
| Dividend | 15 Sep 2015 | — | — | 1.00 | |
| Dividend | 02 Sep 2014 | — | — | 0.75 | |
| Other | 06 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2012 | — | — | — | Annual General Meeting |
| Other | 08 Sep 2011 | — | — | — | Annual General Meeting |
| Other | 16 Sep 2010 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2009 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2008 | — | — | — | Annual General Meeting |
| Other | 05 Sep 2007 | — | — | — | Agm |
| Other | 10 Aug 2006 | — | — | — | Agm |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update30 Jun from care
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Rating update2 Jul 2025 from care
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Rating update5 Jul 2024 from care
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Rating update5 Jul 2023 from care
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Rating update7 Feb 2023 from care
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Rating update24 Aug 2022 from brickwork