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Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India. The company offers ring spun carded, ring spun, compact ring spun combed, compact ring spun, blended ring spun, fancy slub, compact fancy slub, core spun, compact core spun, S and Z twist, organic cotton, BCI/TBC certified, Supima and Giza certified, contamination free, zero and eli twist, and open end yarns; poly /cotton blended open end yarns; combed, compact, and carded multi-fold ring spun yarns; and yarns made out of recycled fibers, as well as dye able cheese/cones used in woven and knitted apparel, furnishing fabrics, denims, terry towel, medical fabrics, tea bags, and bed linen. It also provides single jersey, Lycra blended, pique structured, interlock structured, rib structured, and 3 T fleece fabrics used in inner, comfort, sports, baby, and winter wears. In addition, the company offers finished and printed woven fabrics used in fashion and image wears, uniforms, health care apparels, hotel apparels, industrial and protective apparels, and defense apparels. It also exports its products to approximately 50 countries. The company was incorporated in 1992 and is headquartered in Bhilwara, India.
TODAY'S HIGH
208.85
TODAY'S LOW
204.5
52 WEEK HIGH
345
52 WEEK LOW
181.9
% of Shares Held by
All Insider
57.88%
% of Shares Held by
Institutions
6.01%
% of Float Held by
Institutions
14.28%
Number of Institutions
Holding Shares
5
MARKET CAP
1160.10 Cr.
ETERPRISE VALUE
1724.38 Cr.
NO. OF SHARES
5.62 Cr.
BOOK VALUE
170.006
DIV. YIELD
2.5%
DEBT
577.17 Cr.
GROSS PROFIT
1213.11 Cr.
CASH
9.70 Cr.
REVENUE
2688.72 Cr.
REVENUE/SHARE
478.201
| Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|
| Investments | 0 | 0 | 0 | 0 |
| Change To Liabilities | 0 | 0 | 0 | 0 |
| Total cashflows from Investing Activities | -85.90 Cr. | -11.22 Cr. | -216.71 Cr. | -483.40 Cr. |
| Net Borrowings | -273.08 Cr. | -78.77 Cr. | 179.93 Cr. | 411.30 Cr. |
| Total Cash from Financing Activities | -345.28 Cr. | -143.75 Cr. | 115.90 Cr. | 382.31 Cr. |
| Other Liabilities | 3 Cr. | 14 Cr. | 5.21 Cr. | -3.58 Cr. |
| Total Assets | 0 | 0 | 0 | 8.05 Cr. |
| Net Income | 326.13 Cr. | 68.87 Cr. | 23.81 Cr. | 64.10 Cr. |
| Change in Cash | 23.90 Lakhs | -10.39 Lakhs | -2.62 Cr. | 2.65 Cr. |
| Effect of Exchange Rate | 0 | 0 | 0 | 0 |
| Total Cash from Operating Activities | 431.43 Cr. | 154.87 Cr. | 98.19 Cr. | 103.73 Cr. |
| Depreciation | 87.40 Cr. | 90.65 Cr. | 80.38 Cr. | 54.49 Cr. |
| Other Cashflows from Investing Activities | 26.94 Lakhs | 23.06 Lakhs | 479.78 Cr. | 479.78 Cr. |
| Dividends Paid | -16.86 Cr. | -3.37 Cr. | -7.02 Cr. | -6.74 Cr. |
| Change to Inventory | -51.60 Cr. | -89.98 Cr. | -36.87 Cr. | -22.33 Cr. |
| Change to Account Receivables | -74.83 Cr. | -13.06 Cr. | -32.05 Cr. | -32.62 Cr. |
| Other Cashflows from Financing Activities | -55.33 Cr. | -61.60 Cr. | -57 Cr. | -30.29 Cr. |
| Change to Net Income | 141.33 Cr. | 84 Cr. | 57.39 Cr. | 43.53 Cr. |
| Capital Expenditures | -92.46 Cr. | -12.42 Cr. | -696.94 Cr. | -483.69 Cr. |
| Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|
| Research Development | None | None | None | None |
| Effect of Accounting Charges | None | None | None | None |
| Income Before Tax | 506.17 Cr. | 106.51 Cr. | 35.64 Cr. | 97.30 Cr. |
| Minority Interest | None | None | None | None |
| Net Income | 564.21 Cr. | 166.22 Cr. | 89.07 Cr. | 123.67 Cr. |
| Selling General Administrative | 132.72 Cr. | 112.46 Cr. | 94.96 Cr. | 68.57 Cr. |
| Gross Profit | 1007.03 Cr. | 675.70 Cr. | 516.46 Cr. | 459.64 Cr. |
| Ebit | 564.21 Cr. | 166.22 Cr. | 89.07 Cr. | 123.67 Cr. |
| Operating Income | 564.21 Cr. | 166.22 Cr. | 89.07 Cr. | 123.67 Cr. |
| Other Operating Expenses | 222.68 Cr. | 305.98 Cr. | 251.73 Cr. | 212.57 Cr. |
| Interest Expense | -55.33 Cr. | -57.23 Cr. | -51.23 Cr. | -25.07 Cr. |
| Extraordinary Items | None | None | None | None |
| Non Recurring | None | None | None | None |
| Other Items | None | None | None | None |
| Income Tax Expense | 180.03 Cr. | 37.64 Cr. | 11.82 Cr. | 33.19 Cr. |
| Total Revenue | 2692.31 Cr. | 1624.41 Cr. | 1438.06 Cr. | 1242.51 Cr. |
| Total Operating Expenses | 2128.10 Cr. | 1458.18 Cr. | 1348.98 Cr. | 1118.83 Cr. |
| Cost of Revenue | 1685.28 Cr. | 948.70 Cr. | 921.59 Cr. | 782.86 Cr. |
| Total Other Income Expense Net | -58.04 Cr. | -59.70 Cr. | -53.42 Cr. | -26.37 Cr. |
| Discontinued Operations | None | None | None | None |
| Net Income from Continuous Ops. | 326.13 Cr. | 68.87 Cr. | 23.81 Cr. | 64.10 Cr. |
| Net Income Applicable to Common Shares | 326.13 Cr. | 68.87 Cr. | 23.81 Cr. | 64.10 Cr. |
| Particulars | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|
| Intangible Assets | 1.24 Cr. | 1.20 Cr. | 1.53 Cr. | 31.13 Lakhs |
| Capital Surplus | 0 | 137.27 Cr. | 137.27 Cr. | 137.27 Cr. |
| Total Liabilities | 948.56 Cr. | 1112.97 Cr. | 1151.22 Cr. | 953.74 Cr. |
| Stock Holder Equity | 875.80 Cr. | 563.34 Cr. | 494.03 Cr. | 482.53 Cr. |
| Minority Interest | 0 | 0 | 0 | 0 |
| Other Liabilities | 47.30 Cr. | 19.36 Cr. | 14.96 Cr. | 13.55 Cr. |
| Total Assets | 1824.36 Cr. | 1676.32 Cr. | 1645.26 Cr. | 1436.28 Cr. |
| Common Stock | 56.22 Cr. | 56.22 Cr. | 56.22 Cr. | 56.22 Cr. |
| Retained Earnings | 0 | 368.02 Cr. | 301.68 Cr. | 286.09 Cr. |
| Other Liabilities | 130.06 Cr. | 73.22 Cr. | 49.94 Cr. | 41.52 Cr. |
| Good Will | 0 | 0 | 0 | 0 |
| Treasury Stock | 819.58 Cr. | 1.82 Cr. | -1.14 Cr. | 2.95 Cr. |
| Other Assets | 58.14 Cr. | 11.67 Cr. | 16.47 Cr. | 23.38 Cr. |
| Cash | 61.07 Lakhs | 2.06 Lakhs | 12.45 Lakhs | 2.75 Cr. |
| Current Liabilities | 411.30 Cr. | 475.85 Cr. | 424.91 Cr. | 293.48 Cr. |
| Long Term Asset Charges | 0 | 0 | 0 | 0 |
| Short Long Term Debt | 281.36 Cr. | 114.46 Cr. | 77.46 Cr. | 56.30 Cr. |
| Other Stockholder Equity | 819.58 Cr. | 1.82 Cr. | -1.14 Cr. | 2.95 Cr. |
| Property Plant Equipment | 1010.71 Cr. | 1060.08 Cr. | 1138.07 Cr. | 991.44 Cr. |
| Total Cur. Assets | 754.26 Cr. | 603.34 Cr. | 489.17 Cr. | 421.14 Cr. |
| Long Term Investments | 0 | 0 | 0 | 0 |
| Net Tangible Assets | 874.56 Cr. | 562.14 Cr. | 492.50 Cr. | 482.22 Cr. |
| Short Term Investments | 0 | 0 | 0 | 0 |
| Net Receivables | 240.68 Cr. | 233.35 Cr. | 212.34 Cr. | 181.95 Cr. |
| Long Term Debt | 407.18 Cr. | 563.89 Cr. | 676.32 Cr. | 618.73 Cr. |
| Inventory | 406.29 Cr. | 354.68 Cr. | 264.70 Cr. | 227.82 Cr. |
| Accounts Payable | 82.09 Cr. | 54.76 Cr. | 41.49 Cr. | 35.43 Cr. |
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