Nitin Spinners Ltd
NSE:NITINSPIN
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Nitin Spinners Ltd
NSE:NITINSPIN
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Nitin Spinners Ltd
Nitin Spinners Ltd. engages in the manufacture of cotton yarn and knitted fabric. The firm manufactures cotton and blended yarn, knitted fabrics, and woven fabrics. The Company’s range of yarns include 100% Cotton Ring Spun Carded Yarns from Ne 12 to Ne 50, 100% Cotton Ring Spun Yarns from Ne 12 to Ne 30, 100% Cotton Compact Ring Spun Combed Yarns from Ne 12 to Ne 100, 100% Cotton Compact Ring Spun carded Yarns from Ne 12 to Ne 30 and other. The firm manufactures 100% cotton knitted fabrics, as well as fabrics with elasticity up to 10%. The company offers fabrics in the greige form in tubular and open width in different diameters and gauges. Its range of knitted fabrics includes Single Jersey, Lycra Blended Fabrics, Pique structures, Interlock structures, Rib structures and 3 T Fleece fabrics. The company offers a range of dyed and printed fabrics made out of cotton and blends for fashion, apparel and workwear industry in different finishes and stretch wear.
Nitin Spinners Ltd. engages in the manufacture of cotton yarn and knitted fabric. The firm manufactures cotton and blended yarn, knitted fabrics, and woven fabrics. The Company’s range of yarns include 100% Cotton Ring Spun Carded Yarns from Ne 12 to Ne 50, 100% Cotton Ring Spun Yarns from Ne 12 to Ne 30, 100% Cotton Compact Ring Spun Combed Yarns from Ne 12 to Ne 100, 100% Cotton Compact Ring Spun carded Yarns from Ne 12 to Ne 30 and other. The firm manufactures 100% cotton knitted fabrics, as well as fabrics with elasticity up to 10%. The company offers fabrics in the greige form in tubular and open width in different diameters and gauges. Its range of knitted fabrics includes Single Jersey, Lycra Blended Fabrics, Pique structures, Interlock structures, Rib structures and 3 T Fleece fabrics. The company offers a range of dyed and printed fabrics made out of cotton and blends for fashion, apparel and workwear industry in different finishes and stretch wear.
Quarterly Growth: Revenue rose 5.3% QoQ to INR 800.68 crores, but was down 4.5% YoY due to weaker demand and lower selling prices.
Profit & Margins: PAT increased 27.7% QoQ to INR 44.41 crores, but was nearly flat YoY. EBITDA margin improved to 13.93% from 13.10% last quarter.
Capacity Utilization: Spinning and weaving capacities are running at high utilization (spinning at 98-99%, weaving at 91%, knitting at 40%).
CapEx Initiatives: Significant investments announced in solar power (INR 230 crores) and capacity expansion in spinning and weaving are progressing well.
Trade & Policy Impact: Recent US tariff reduction and anticipated EU/UK free trade agreements are expected to boost export demand and margins.
Margin Outlook: Management expects EBITDA margin improvement of 100–150 bps as new fabric capacity ramps up.
