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Nitin Spinners Ltd
NSE:NITINSPIN

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Nitin Spinners Ltd
NSE:NITINSPIN
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Price: 414 INR -0.55% Market Closed
Market Cap: ₹23.3B

EV/EBIT

9.7
Current
5%
Cheaper
vs 3-y average of 10.3

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
9.7
=
Enterprise Value
₹27.1B
/
EBIT
₹2.9B

Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBIT
9.7
=
Enterprise Value
₹27.1B
/
EBIT
₹2.9B

Valuation Scenarios

Nitin Spinners Ltd is trading below its 3-year average

If EV/EBIT returns to its 3-Year Average (10.3), the stock would be worth ₹437.4 (6% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-13%
Maximum Upside
+139%
Average Upside
53%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple 9.7 ₹414
0%
3-Year Average 10.3 ₹437.4
+6%
5-Year Average 8.5 ₹360.18
-13%
Industry Average 17.7 ₹754.73
+82%
Country Average 23.3 ₹989.51
+139%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
₹27.1B
/
Jan 2026
₹2.9B
=
9.7
Current
₹27.1B
/
Mar 2026
₹2.9B
=
9.4
Forward
₹27.1B
/
Mar 2027
₹3.8B
=
7.2
Forward
₹27.1B
/
Mar 2028
₹4.5B
=
6
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
IN
N
Nitin Spinners Ltd
NSE:NITINSPIN
Average EV/EBIT: 45.5
9.7
15%
0.6
CN
H
Hmt Xiamen New Technical Materials Co Ltd
SSE:603306
106.7
N/A N/A
HK
C
Cecep Costin New Materials Group Ltd
HKEX:2228
Negative Multiple: -59.8 N/A N/A
CN
S
Shijiazhuang ChangShan BeiMing Technology Co Ltd
SZSE:000158
103.5
N/A N/A
IN
S
Spentex Industries Ltd
NSE:SPENTEX
Negative Multiple: -3 346.1 N/A N/A
TW
Eclat Textile Co Ltd
TWSE:1476
11.5
16%
0.7
IN
Sumeet Industries Ltd
NSE:SUMEETINDS
Negative Multiple: -326.4 N/A N/A
CN
D
Deyun Holding Ltd
HKEX:1440
Negative Multiple: -829.6 N/A N/A
CN
W
Weiqiao Textile Co Ltd
HKEX:2698
Negative Multiple: -5.2 N/A N/A
UK
Coats Group PLC
LSE:COA
11.6
17%
0.7
CN
Bros Eastern Co Ltd
SSE:601339
29.6
53%
0.6

Market Distribution

Lower than 88% of companies in India
Percentile
12th
Based on 2 572 companies
12th percentile
9.7
Low
0.4 — 15.7
Typical Range
15.7 — 34.7
High
34.7 —
Distribution Statistics
India
Min 0.4
30th Percentile 15.7
Median 23.3
70th Percentile 34.7
Max 48 145.1

Nitin Spinners Ltd
Glance View

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.

NITINSPIN Intrinsic Value
498.34 INR
Undervaluation 17%
Intrinsic Value
Price ₹414
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