Nitin Spinners (NITINSPIN)₹653.70−2.45%Other Textile Products
In the Jun 2026 quarter (standalone), Nitin Spinners reported sales of ₹873 Cr, up 10.4% from Jun 2025, and net profit of ₹74.70 Cr, up 82.9% year on year. For the year to Mar 2026, sales were ₹3,207 Cr and net profit ₹177 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 736 | 748 | 799 | 801 | 820 | 837 | 839 | 791 | 757 | 799 | 858 | 873 |
| Expenses | 653 | 646 | 682 | 682 | 705 | 720 | 719 | 680 | 660 | 687 | 726 | 717 |
| Operating Profit | 82.16 | 103 | 116 | 119 | 115 | 117 | 120 | 111 | 100 | 112 | 130 | 156 |
| OPM % | 11.0% | 14.1% | 15.1% | 15.0% | 14.1% | 14.1% | 14.0% | 14.1% | 13.0% | 14.1% | 15.1% | 18.0% |
| Other Income | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 0.99 | 0.99 | 1.99 | 1.99 |
| Interest | 15.01 | 24.99 | 27.99 | 26.98 | 21.99 | 20.99 | 21.02 | 20.99 | 15.99 | 16.99 | 16.99 | 19.01 |
| Depreciation | 24.03 | 35.03 | 36.01 | 37.05 | 37.02 | 37.05 | 37.01 | 37.02 | 37.05 | 37.03 | 37.02 | 38.02 |
| Profit before tax | 42.95 | 42.97 | 53.01 | 56.99 | 56.94 | 59.98 | 62.98 | 54.94 | 47.01 | 58.01 | 77.93 | 101 |
| Tax % | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% | 24.9% | 27.0% | 26.0% | 26.0% | 24.0% | 27.0% | 25.0% |
| Net Profit | 31.87 | 31.90 | 38.88 | 41.83 | 41.82 | 44.84 | 45.84 | 40.84 | 34.86 | 43.85 | 56.75 | 74.70 |
| EPS (Rs) | 5.65 | 5.67 | 6.99 | 7.51 | 7.52 | 8.00 | 8.27 | 7.31 | 6.21 | 7.92 | 10.24 | 13.43 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 764 | 931 | 1,142 | 1,237 | 1,432 | 1,619 | 2,683 | 2,397 | 2,894 | 3,291 | 3,207 | 3,287 |
| Expenses | 628 | 797 | 987 | 1,059 | 1,262 | 1,362 | 2,034 | 2,102 | 2,517 | 2,821 | 2,751 | 2,790 |
| Operating Profit | 137 | 133 | 155 | 178 | 170 | 257 | 654 | 298 | 378 | 472 | 454 | 499 |
| OPM % | 18.0% | 14.1% | 14.1% | 14.1% | 12.1% | 16.0% | 24.0% | 12.0% | 13.1% | 14.0% | 14.1% | 15.2% |
| Other Income | 0.99 | 0.99 | 1.99 | 2.99 | 1.99 | 1.99 | −2.99 | 2.99 | 1.99 | 3.99 | 4.99 | 5.96 |
| Interest | 33.01 | 22.02 | 30.01 | 28.98 | 56.03 | 62.04 | 54.98 | 37.99 | 82.96 | 90.08 | 70.96 | 68.98 |
| Depreciation | 40.04 | 42.03 | 56.08 | 55.06 | 81.10 | 91.09 | 87.01 | 87.01 | 118 | 148 | 148 | 149 |
| Profit before tax | 65.01 | 69.98 | 70.92 | 96.91 | 35.99 | 107 | 506 | 176 | 178 | 237 | 239 | 284 |
| Tax % | 32.0% | 18.0% | 27.0% | 34.0% | 33.0% | 35.0% | 36.0% | 6.0% | 26.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −3.01 | 1.01 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 43.80 | 56.83 | 51.79 | 63.79 | 23.93 | 68.78 | 325 | 164 | 132 | 174 | 177 | 210 |
| EPS (Rs) | 9.65 | 12.54 | 9.46 | 11.43 | 4.25 | 12.28 | 58.22 | 29.39 | 23.46 | 31.29 | 31.70 | 37.80 |
| Dividend payout % | 10.0% | 9.9% | 12.9% | 10.9% | 13.9% | 12.0% | 4.0% | 9.0% | 10.9% | 9.9% | 9.9% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 45.93 | 45.97 | 45.95 | 55.85 | 55.94 | 55.89 | 55.88 | 55.89 | 55.94 | 55.88 | 55.91 | 55.87 |
| Reserves | 121 | 160 | 218 | 361 | 428 | 438 | 507 | 821 | 974 | 1,090 | 1,256 | 1,417 |
| Borrowings | 377 | 351 | 567 | 448 | 858 | 1,037 | 960 | 687 | 977 | 1,336 | 1,162 | 1,121 |
| Other Liabilities | 64.69 | 76.63 | 52.75 | 62.70 | 92.55 | 110 | 150 | 259 | 208 | 230 | 255 | 317 |
| Total Liabilities | 609 | 634 | 884 | 928 | 1,435 | 1,642 | 1,673 | 1,822 | 2,216 | 2,713 | 2,729 | 2,912 |
| Fixed Assets | 416 | 381 | 612 | 568 | 523 | 1,137 | 1,057 | 1,009 | 1,009 | 1,704 | 1,574 | 1,486 |
| CWIP | 0.00 | 17.01 | 0.00 | 4.01 | 468 | 0.00 | 2.01 | 0.00 | 340 | 2.01 | 7.01 | 102 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 16.99 |
| Other Assets | 193 | 236 | 272 | 355 | 445 | 506 | 615 | 813 | 867 | 1,006 | 1,148 | 1,305 |
| Inventories | 94.14 | 115 | 170 | 205 | 228 | 265 | 356 | 407 | 493 | 565 | 608 | 609 |
| Trade receivables | 40.12 | 39.12 | 48.10 | 88.19 | 121 | 153 | 166 | 242 | 224 | 322 | 431 | 433 |
| Cash & equivalents | 1.01 | 1.01 | 1.01 | 0.00 | 3.01 | 0.00 | 1.01 | 1.01 | 0.00 | 0.00 | 10.02 | 9.01 |
| Total Assets | 609 | 634 | 884 | 928 | 1,435 | 1,642 | 1,673 | 1,822 | 2,216 | 2,713 | 2,729 | 2,912 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 45.02 | 100 | 54.01 | 66.05 | 104 | 98.05 | 155 | 431 | 194 | 163 | 307 | 411 |
| Cash from investing activity | −219 | −36.03 | −241 | −19.99 | −483 | −217 | −11.01 | −86.02 | −433 | −426 | −21.99 | −287 |
| Cash from financing activity | 176 | −65.05 | 188 | −47.06 | 382 | 116 | −144 | −345 | 239 | 262 | −279 | −128 |
| Net cash flow | 1.01 | 0.00 | 1.01 | −1.01 | 3.01 | −3.01 | 0.00 | 0.00 | 0.00 | 0.00 | 7.02 | −4.01 |
| Capex | 260 | 4.98 | 272 | 12.95 | 8.96 | 694 | 11.96 | 49.85 | 86.67 | 814 | 15.94 | 59.83 |
| Free cash flow | −175 | 65.15 | −188 | 46.05 | −381 | −119 | 143 | 346 | −240 | −262 | 286 | 119 |
| CFO / OP % | 56.0% | 83.0% | 52.0% | 52.9% | 69.0% | 63.9% | 65.9% | 82.0% | 83.0% | 49.9% | 76.0% | 103.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 23 | 18 | 18 | 27 | 35 | 38 | 36 | 32 | 33 | 39 | 47 | 48 |
| Inventory days | 89 | 89 | 104 | 102 | 98 | 95 | 136 | 99 | 109 | 107 | 104 | 109 |
| Days payable | 9 | 10 | 11 | 13 | 15 | 15 | 21 | 20 | 12 | 14 | 16 | 18 |
| Cash conversion cycle | 105 | 99 | 113 | 118 | 119 | 120 | 153 | 113 | 132 | 134 | 137 | 141 |
| Working capital days | 31 | 30 | 21 | 53 | 36 | 15 | 27 | 45 | 39 | 42 | 50 | 43 |
| ROCE % | 18.0% | 17.9% | 13.0% | 11.9% | 10.9% | 6.0% | 11.0% | 36.9% | 11.9% | 11.9% | 12.9% | 11.9% |
For the Jun 2026 quarter, Nitin Spinners reported sales of ₹873 Cr, up 10.4% year on year and net profit of ₹74.70 Cr, up 82.9% year on year. The operating margin was 18.0%.
Nitin Spinners' sales for the year to Mar 2026 were ₹3,207 Cr; over the last twelve months they were ₹3,287 Cr.
Net profit for the year to Mar 2026 was ₹177 Cr, and ₹210 Cr over the last twelve months. Earnings per share over the same trailing period were ₹37.80.
Nitin Spinners reported borrowings of ₹1,121 Cr at Mar 2026, against cash and equivalents of ₹9.01 Cr.
Cash from operations was ₹411 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹119 Cr.