Nitin Spinners share price today

Nitin Spinners Ltd's share price was ₹675.85 at the close on 4 November 2026. It has been rising for 33 weeks. That is 29.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹305 and ₹676, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Nitin Spinners Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 15 weeks in a row.

Over the last 11 years the share price moved +1,209% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: foreign funds (FIIs) raised their stake for 5 quarters in a row, highest quarterly profit in 16 quarters and highest quarterly revenue in 16 quarters.

1. Foreign funds (FIIs) raised their stake for 5 quarters in a row

   From 0.8% to 2% of the company by the September 2026 quarter.

2. Highest quarterly profit in 16 quarters

   Profit of ₹89 crore in the September 2026 quarter is the highest of the last 16 quarters.

3. Highest quarterly revenue in 16 quarters

   Revenue of ₹985 crore in the September 2026 quarter is the highest of the last 16 quarters.

For July to September 2026 (the quarter ended 30 September 2026), Nitin Spinners reported revenue of ₹985 crore, up 29.6% from ₹760 crore a year earlier, and a profit of ₹89.0 crore, up 154.3% from ₹35.0 crore.

Nitin Spinners results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

The newest call in our records is from 10 August 2026, about April to June 2026; a call about these results is not in our records yet.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Nitin Spinners closed at ₹675.85 on 4 November 2026, up 121.3% from ₹305.35 a year earlier (7 November 2025) and up 159.4% over five years. Its highest weekly close since February 2016 was ₹675.85 on 4 November 2026.

Nitin Spinners share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

566 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Nitin Spinners closed at ₹675.85, up 3.8% on the week and up 13.7% on the month. Results for July to September 2026: Revenue up 29.6% and profit up 154.3% on a year earlier.

Earlier

• 11 Sep 2026: ex-date for a dividend of ₹3 a share, record date 14 Sep 2026.
• 10 Aug 2026: Nitin Spinners held its results call for April to June 2026. Management guided: Current yarn spread around ₹130 versus about ₹110 in the preceding quarter; expected to sustain under current conditions.

Nitin Spinners paid ₹3 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.44% at the ₹675.85 close on 4 November 2026. The last was a dividend of ₹3 a share, ex-date 11 September 2026.

Nitin Spinners dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Nitin Spinners Ltd paid out 10% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 10 August 2026, Nitin Spinners' management guided: Current yarn spread around ₹130 versus about ₹110 in the preceding quarter; expected to sustain under current conditions.

“Given the changes in the company's margin profile, including power savings and the increase in the fabric business, we should definitely remain within this band.”Dinesh Nolkha, on the call for April to June 2026

What management guided

• Operating margin to remain within 16%-20%; fabric mix shift expected to add 100-150 basis points, while the upper end remains an objective rather than a commitment.
• 35 million metres fabric and 74,000 spindles on schedule; weaving in a couple months, processing around Diwali, spinning around December, ramp by March 31.
• New expansion expected to add ₹200-300 crore revenue, with existing revenue slightly above last year.
• FY28 fabric revenue expected at ₹1,200 crore versus approximately ₹700 crore last financial year.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Nitin Spinners reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Yarn spread and consolidated margin in the next print - test whether price pass-through and cost savings offset higher-cost cotton inventory.

Nitin Spinners is on 2 of our India lists: Momentum stocks and 52 week high & low.

Nitin Spinners Ltd earned ₹89.0 Cr of net profit in the Sep 2026 quarter, +154.3% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹178 Cr. Over 10 years profit has grown 15.0% a year on average. That is 9.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹35.0 Cr.

For the full year, FY26 profit was ₹178 Cr (+1.7% on the year before).

Why profit moved: revenue changed +29.6% on a year earlier and the margin moved +5.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +64.7% and revenue +9.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Nitin Spinners Ltd reported ₹985 Cr of revenue in the Sep 2026 quarter, +29.6% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 15.4% a year on average. The last full year, FY26, came in at ₹3,208 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹3,521 Cr.

FY26 revenue was ₹3,208 Cr, −2.8% on the year before.

Recent pace: the last four quarters grew +9.4% on average, against 15.4% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +8.9%, against +5.3% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +58.7%, against +30.8% a year (accelerating).

Nitin Spinners Ltd's operating margin was 18.0% in the Sep 2026 quarter, 5.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 12.0% and 24.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +4.7 percentage points on the year while gross margin changed +4.5 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 182% of Nitin Spinners Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹411 Cr of operating cash against ₹178 Cr of profit. After ₹155 Cr of spending on assets, ₹256 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 182% of profit came in as cash: the cash cycle got 12 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.6× depreciation over three years. The next section checks what that spending is building.

Nitin Spinners Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 141 days in FY26, down from 153 days in FY21. It spent ₹654 Cr on assets over the last 3 years. Customers take 49 days to pay, and stock sits for 110 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹3,208 Cr, each day of that cycle ties up about ₹8.8 Cr, so roughly ₹1,239 Cr is tied up in the business at any time.

FY26: customers took 49 days to pay and stock sat for 110 days, about 3.6 months of sales sitting as stock, for a full cycle of 141 days, shorter than FY21's 153.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 110 days. Customers pay about 49 days after that. Suppliers are paid at 18 days. Together that makes the 141-day cycle.

Spending on assets: ₹654 Cr over the last 3 years, against ₹414 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹102 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Nitin Spinners Ltd's P/E is 14.3×, near the high end of its own history: higher than 79% of past readings. Its usual P/E (the middle reading) is 9.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.