Nitin Spinners Ltd (NITINSPIN) — shareholding pattern, promoter holding, financials and share price
About Nitin Spinners Ltd (NITINSPIN)
Nitin Spinners Ltd operates in the Other Textile Products industry, within the Textiles sector. It trades on the NSE as NITINSPIN and on the BSE under scrip code 532698. Its ISIN is INE229H01012.
Founded in 1992 in Bhilwara of Rajasthan, Nitin Spinners is India’s leading manufacturer of cotton yarn, knitted fabrics and finished woven fabrics.
Nitin Spinners Limited is a leading manufacturer of 100% Cotton and Blended Yarn, Knitted Fabrics, and Woven Fabrics. The company has a comprehensive product range used in apparel, home furnishings, and industrial textiles.
The company reported a revenue of INR 800.68 crores for Q3 FY '26, a 5.3% increase quarter-on-quarter but a 4.5% decline year-on-year due to fluctuating demand and selling prices.
Listed peers in Other Textile Products: Ganesha Ecosphere Ltd, Jindal Worldwide Ltd, Siyaram Silk Mills Ltd, Sangam (India) Ltd, Filatex India Ltd, Bombay Dyeing & Manufacturing Company Ltd.
Valuation & Returns
10 Jul 2026At ₹543.75 a share on 10 Jul 2026, Nitin Spinners Ltd (NITINSPIN) was valued at a price-to-earnings ratio of 17.22x against an industry P/E of 32.15x and a price-to-book of 2.33x on a book value of ₹233.23 per share as of Mar 2025. Solomo computes return on equity of 13.54% and return on capital employed of 12.51% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 17.22x
- Industry P/E
- 32.15x
- P/B
- 2.33x
- EPS (TTM)
- ₹31.58
- Book value / share
- ₹233.23
- ROE
- 13.54%
- ROCE
- 12.51%
- ROA
- 6.5%
- Debt / equity
- 0.89x
- Dividend yield
- 0.55%
- EBITDA margin
- 14.24%
- 52-week range
- ₹300 – ₹581
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Nitin Spinners Ltd (NITINSPIN) reported revenue of ₹3,214 crore, net profit of ₹178 crore and earnings per share of ₹31.58. That compares with revenue of ₹3,300 crore and net profit of ₹175 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹860 crore and net profit ₹57 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,690 | 2,404 | 2,902 | 3,300 | 3,214 |
| Net profit (₹ cr) | 326 | 165 | 132 | 175 | 178 |
| EPS (₹) | 58.01 | 29.32 | 23.39 | 31.2 | 31.58 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 17.63% | 18.11% | 7.08% | 13.77% |
| Profit growth | 16.56% | 49.09% | -18.67% | 33.39% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 56.71% of Nitin Spinners Ltd (NITINSPIN) (unchanged from the previous quarter), foreign institutional investors (FII) hold 1.92% and domestic institutional investors (DII) hold 14.68%. Market capitalisation was ₹3,057 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2006.
Largest disclosed public shareholders in Jun 2026: BANDHAN SMALL CAP FUND 5.3%, QUANT MUTUAL FUND - QUANT SMALL CAP FUND 4.86%, MAHINDRA MANULIFE SMALL CAP FUND 3.34%, BAJAJ FINSERV SMALL CAP FUND 1.02%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 56.71% | - | 1.92% | 14.68% | 43.29% |
| Mar 2026 | 56.71% | - | 1.09% | 14.28% | 43.29% |
| Dec 2025 | 56.71% | - | 0.92% | 14.34% | 43.29% |
| Sep 2025 | 56.62% | - | 0.9% | 15.69% | 43.38% |
| Jun 2025 | 56.62% | - | 0.83% | 15.69% | 43.38% |
| Mar 2025 | 56.62% | - | 0.99% | 15.42% | 43.38% |
| Dec 2024 | 56.5% | - | 1.5% | 15.49% | 43.5% |
| Sep 2024 | 56.5% | - | 0.74% | 14.85% | 43.5% |