Home > Annual Financials > NITIN SPINNERS

NITIN SPINNERS Financial Statement Analysis
[BOM: 532698|NSE : NITINSPIN]

The Revenues of NITIN SPINNERS have increased by 20.73% YoY .
The Earnings Per Share (EPS) of NITIN SPINNERS has decreased by -20.23 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

NITIN SPINNERS Last 5 Annual Financial Results
[BOM: 532698|NSE : NITINSPIN]

StandaloneMar2024
Mar2023
Mar2022
Mar2021
Mar2020
Revenues ₹2,906 Cr₹2,407 Cr₹2,692 Cr₹1,624 Cr₹1,438 Cr
Expenses ₹2,529 Cr₹2,110 Cr₹2,041 Cr₹1,367 Cr₹1,268 Cr
Operating Profit (Excl OI) ₹377 Cr₹297 Cr₹652 Cr₹257 Cr₹170 Cr
Other Income ₹2.25 Cr₹3.31 Cr₹1.84 Cr₹1.90 Cr₹2.13 Cr
Interest ₹83 Cr₹38 Cr₹55 Cr₹62 Cr₹56 Cr
Depreciation ₹118 Cr₹87 Cr₹87 Cr₹91 Cr₹81 Cr
Profit Before Tax ₹178 Cr₹176 Cr₹506 Cr₹107 Cr₹36 Cr
Profit After Tax ₹132 Cr₹165 Cr₹326 Cr₹69 Cr₹24 Cr
Earnings Per Share (Rs)₹23.39₹29.32₹58.01₹12.25₹4.24
PAT Margin (%)4.536.8512.114.241.66
ROE(%)12.0917.3145.3213.034.88
ROCE(%)11.6111.9536.3510.996.34
Total Debt/Equity(x)1.170.950.791.712.11

Key Financials

Market Cap : ₹ 1,796.2 Cr
Revenue (TTM) : ₹ 3,265.1 Cr
Net Profit(TTM) : ₹ 168.2 Cr
EPS (TTM) : ₹ 29.9
P/E (TTM) : 10.7

Industry Peers & Returns1W1M1Y
NITIN SPINNERS -9.4% -0.1% -2.4%
TRIDENT -5.3% -10.6% -33.4%
SANATHAN TEXTILES 6.1% 16% NA
FILATEX INDIA -4.3% -9.4% -36.5%
JAYBHARAT TEXTILES & REAL ESTATE -5% -3.8% NA
AMBIKA COTTON MILLS -7.5% -5.6% -11%
RAJAPALAYAM MILLS -1.4% -4% -5.7%
NAHAR SPINNING MILLS -4.8% -1.1% -25.4%
SUTLEJ TEXTILES AND INDUSTRIES -12.6% -17.9% -33.3%


NITIN SPINNERS Revenues
[BOM: 532698|NSE : NITINSPIN]

Y-o-Y

20.73 %

5 Yr CAGR

19.22 %

Years Revenues % Change
Mar2024 ₹2,906 Cr
20.73
Mar2023 ₹2,407 Cr
-10.61
Mar2022 ₹2,692 Cr
65.74
Mar2021 ₹1,624 Cr
12.96
Mar2020 ₹1,438 Cr -


NITIN SPINNERS Operating Profit
[BOM: 532698|NSE : NITINSPIN]

Y-o-Y

26.93 %

5 Yr CAGR

22.08 %

Years Operating Profit % Change
Mar2024 ₹377 Cr
26.93
Mar2023 ₹297 Cr
-54.41
Mar2022 ₹652 Cr
153.29
Mar2021 ₹257 Cr
51.53
Mar2020 ₹170 Cr -

Operating Margins
Y-o-Y

5.19 %

5 Yr CAGR

2.39 %

Years Operating Margin% % Change
Mar2024 12.98%
5.19
Mar2023 12.34%
-49.01
Mar2022 24.2%
52.78
Mar2021 15.84%
34.12
Mar2020 11.81% -

NITIN SPINNERS Profit After Tax
[BOM: 532698|NSE : NITINSPIN]

Y-o-Y

-20.20 %

5 Yr CAGR

53.29 %

Years Profit After Tax % Change
Mar2024 ₹132 Cr
-20.20
Mar2023 ₹165 Cr
-49.47
Mar2022 ₹326 Cr
373.54
Mar2021 ₹69 Cr
189.17
Mar2020 ₹24 Cr -

PAT Margins
Y-o-Y

-33.87 %

5 Yr CAGR

28.53 %

Years PAT Margin(%) % Change
Mar2024 4.53 %
-33.87
Mar2023 6.85 %
-43.44
Mar2022 12.11 %
185.61
Mar2021 4.24 %
155.42
Mar2020 1.66 % -

NITIN SPINNERS Earnings Per Share (EPS)
[BOM: 532698|NSE : NITINSPIN]

Y-o-Y

-20.23 %

5 Yr CAGR

53.26 %

Years EPS % Change
Mar2024 ₹23
-20.23
Mar2023 ₹29
-49.46
Mar2022 ₹58
373.55
Mar2021 ₹12
188.92
Mar2020 ₹4.24 -

NITIN SPINNERS Return on Capital Employed (ROCE)
[BOM: 532698|NSE : NITINSPIN]

Y-o-Y

-2.85 %

5 Yr CAGR

16.33 %

Years ROCE % Change
Mar2024 11.61%
-2.85
Mar2023 11.95%
-67.13
Mar2022 36.35%
230.76
Mar2021 10.99%
73.34
Mar2020 6.34% -

NITIN SPINNERS Share Price vs Sensex

Current Share Price : ₹319.6
Current MarketCap: ₹ 1,796.2 Cr
Updated EOD on :Mar 28,2025

Share Price Returns(%) 1 Week 1 Month 1 Year
NITIN SPINNERS

-9.4%

-0.1%

-2.4%

SENSEX

0.7%

4%

6.3%

NITIN SPINNERS related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 1.5% 3.4% 7.5%
BSE MIDSMALLCAP -1.1% 3.4% 8.1%
BSE SMALLCAP -1.4% 3.1% 9%
BSE CONSUMER DISCRETIONARY & SERVICES -2.1% 0.2% 1.5%
No NSE index found

You may also like the below Video Courses


FAQ about NITIN SPINNERS Financials


How the annual revenues of NITIN SPINNERS have changed ?

The Revenues of NITIN SPINNERS have increased by 20.73% YoY .

How the Earnings per Share (EPS) of NITIN SPINNERS have changed?

The Earnings Per Share (EPS) of NITIN SPINNERS has decreased by -20.23 % YoY .