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Nitin Spinners Limited NITINSPIN.NS · Stock Open Nitin Spinners Limited in new tab

595.90 INR
P/E
16.28
EPS
37.69
Yield
0.46%
Safety Score
92
P/B
2.34
ROE
12.76
Beta
0.37
Target Price
799.75 INR
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Key Metrics
Earnings dateNov. 10, 2026
P/E16.28
EPS37.69
Book Value261.51
Price to Book2.34
Debt/Equity76.46
% Insiders56.836%
Growth
Revenue Growth0.10%
Earnings Growth0.84%
Estimates
Forward P/E11.69
Forward EPS52.43
Target Mean Price799.75
Dividend
Dividend Yield0.46%
Annual dividends3.00 INR
Ex-Div. DateSept. 11, 2026
Payout7.96%
5y avg Yield0.93%

DCF Valuation

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DCF Result

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Nitin Spinners Limited Logo Nitin Spinners Limited Analysis (NITINSPIN.NS)

India Consumer Discretionary Official Website Stock

Is Nitin Spinners Limited a good investment? Nitin Spinners Limited (NITINSPIN.NS) is currently trading at 595.90 INR. Market analysts have a consensus price target of 799.75 INR. This suggests a potential upside from current levels.

In terms of valuation, the stock trades at a P/E ratio of 16.28. This valuation is generally in line with the broader market.

Earnings Schedule: Nitin Spinners Limited is expected to release its next earnings report on Nov. 10, 2026. The market consensus estimate for Forward EPS is 52.43.

For income investors, Nitin Spinners Limited pays a dividend yield of 0.46%. With a payout ratio of 8%, the dividend appears sustainable.

Investor FAQ

Does Nitin Spinners Limited pay a dividend?

Yes, it pays an annual dividend of 3.00 INR (0.46% yield).

What asset class is Nitin Spinners Limited?

Nitin Spinners Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be Nov. 10, 2026. The company currently has a trailing EPS of 37.69.

Company Profile

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; 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.

Exchange Ticker
NSI (India) NITINSPIN.NS
Trades
Dividend Yield
0.46%
5y avg 0.93%
Annual Dividends
3.00INR
Next Ex. Div Date
Sept. 11, 2026
Payout Ratio
7.96%
Dividend History paid per year (INR)
Historical Dividends
Year Total Dividends
▸2026
3.00 INR
Oct. 21, 2026 3.0000
▸2025
3.00 INR
Oct. 6, 2025 3.0000
▸2024
2.50 INR
Sept. 21, 2024 2.5000
▸2023
2.50 INR
Oct. 18, 2023 2.5000
▸2022
4.00 INR
Oct. 15, 2022 2.5000
March 5, 2022 1.5000
▸2021
1.50 INR
Oct. 16, 2021 1.5000
▸2020
0.60 INR
Oct. 16, 2020 0.6000
▸2019
1.25 INR
Oct. 20, 2019 1.2500
▸2018
1.20 INR
Oct. 22, 2018 1.2000
▸2017
1.20 INR
Oct. 4, 2017 1.2000
▸2016
1.00 INR
Oct. 24, 2016 1.0000
▸2015
1.00 INR
Oct. 25, 2015 1.0000
▸2014
0.75 INR
Oct. 11, 2014 0.7500
Upcoming Dividends
Name Payment Date Status Amount
Nitin Spinners Limited Oct 21, 2026 Upcoming 3.0 INR
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