# Nitin Spinners share price today (Nitin Spinners Ltd, NSE: NITINSPIN)

> Nitin Spinners share price today: ₹658.80 at the NSE close on 3 November 2026, up 98.3% in a year. Nitin Spinners (NSE: NITINSPIN) is worth ₹3,705 crore, trades at a P/E of 14.0 and has closed between ₹305.35 and ₹658.80 over the past 52 weeks. > Nitin Spinners Ltd's share price has risen faster than its earnings: +98.3% in a year, against +1.2% for earnings per share. NITINSPIN · Textiles - Spinning · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/nitin-spinners-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹658.80 (+98.3% in a year)
- P/E: 14.0× (higher than 77% of the last 11 years)
- Revenue (Sep 2026): ₹985 Cr (+29.6% on a year ago)
- Profit (Sep 2026): ₹89.0 Cr (+154.3% on a year ago)
- Operating margin: 18.0% (+5.0 points on a year ago)
- ROCE: 12%, FY26
- ROIC: 10.6%, against a 12.0% cost of capital: −1.4 points

The main question: the share price moved +98.3% in a year while yearly earnings per share moved +1.2%. The difference came from the market paying a higher multiple. ## What is the Nitin Spinners share price today? Nitin Spinners Ltd's share price was ₹658.80 at the close on 3 November 2026. It has been rising for 33 weeks. That is 26.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹305 and ₹659, and at that close it was at the high of that range. 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 +1,176% 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. ## What changed at Nitin Spinners this quarter? 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. ## What are Nitin Spinners' latest quarterly results? 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

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹985 crore | ₹760 crore | +29.6% |
| Profit | ₹89.0 crore | ₹35.0 crore | +154.3% |
| Earnings per share | ₹15.77 | ₹6.19 | +154.8% |
| Operating margin | 18.0% | 13.0% | +5.0 points |

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.)

## What is the Nitin Spinners share price history? Nitin Spinners closed at ₹658.80 on 3 November 2026, up 98.3% from ₹332.25 a year earlier (31 October 2025) and up 152.8% over five years. Its highest weekly close since February 2016 was ₹658.80 on 3 November 2026. ### Nitin Spinners share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹601.75 | +9.5% |
| 1 month ago · 1 Oct 2026 | ₹594.60 | +10.8% |
| 6 months ago · 30 Apr 2026 | ₹461.90 | +42.6% |
| 1 year ago · 31 Oct 2025 | ₹332.25 | +98.3% |
| 3 years ago · 3 Nov 2023 | ₹287.60 | +129.1% |
| 5 years ago · 4 Nov 2021 | ₹260.55 | +152.8% |
| 10 years ago · 4 Nov 2016 | ₹71.25 | +824.6% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹51.65 | +1,175.5% |
| Highest weekly close since February 2016, also the 52-week high · 3 Nov 2026 | ₹658.80 | 0.0% |
| Lowest weekly close since February 2016 · 27 Mar 2020 | ₹27.05 | +2,335.5% |
| 52-week low (weekly close) · 7 Nov 2025 | ₹305.35 | +115.8% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (566 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Nitin Spinners? 3 Nov 2026: Nitin Spinners closed at ₹658.80, up 9.5% on the week and up 10.8% 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. ## What dividend does Nitin Spinners pay? Nitin Spinners paid ₹3 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.46% at the ₹658.80 close on 3 November 2026. The last was a dividend of ₹3 a share, ex-date 11 September 2026. ### Nitin Spinners dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 11 Sep 2026 | ₹3 | Dividend | 14 Sep 2026 |
| 29 Aug 2025 | ₹3 | Dividend | 30 Aug 2025 |
| 9 Sep 2024 | ₹2.50 | Dividend | n/a |
| 11 Sep 2023 | ₹2.50 | Dividend | n/a |
| 7 Sep 2022 | ₹2.50 | Dividend | n/a |
| 10 Feb 2022 | ₹1.50 | Interim | 11 Feb 2022 |
| 8 Sep 2021 | ₹1.50 | Dividend | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did Nitin Spinners management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/4591/Conference Call/CC-Aug26.pdf). (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.)

## What to watch in Nitin Spinners' next results? 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. - What to check (from the call)
- Yarn spread and consolidated margin in the next print - test whether price pass-through and cost savings offset higher-cost cotton inventory. - Expansion commissioning and utilization ramp - check weaving, processing and spinning schedules, with fabric expected to lag yarn. - Knitted fabric utilization - assess recovery toward the previously discussed normal range as US tariff uncertainty evolves. - Renewable rollout - verify remaining commissioning and annualized power-cost savings in the next results. ## Which stock lists is Nitin Spinners on? Nitin Spinners is on 2 of our India lists: Momentum stocks and 52 week high & low. - [Momentum stocks Market cap cr: 3734.647266584766](https://www.sectoralpha.in/momentum-stocks-india)
- [52 week high & low 52-week position: Near 52-week high](https://www.sectoralpha.in/52-week-high-stocks-india)

## Is Nitin Spinners profitable? 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. 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. ## How much revenue does Nitin Spinners make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Nitin Spinners keep? 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. 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. ## Is Nitin Spinners' profit turning into cash? 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. 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. ## Where does Nitin Spinners' cash go? 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. 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. ## What is Nitin Spinners' P/E ratio, and how does it compare with its own history? Nitin Spinners Ltd's P/E is 14.0×, near the high end of its own history: higher than 77% 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. Why the multiple is where it is: over the past year earnings per share moved +1.2% while the price moved +98.3%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +20.4% a year; about +8.9% a year came from earnings growth and about +11.5 percentage points from the multiple (the market paying more); over 10 years the price moved +24.9% a year; about +13.6% a year came from earnings growth and about +11.3 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Nitin Spinners business getting better or worse? Nitin Spinners Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 16.7%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Nitin Spinners earn on its capital? Nitin Spinners Ltd earned a ROCE of 12% in FY26. That is up from a low of 6% in FY20. Its return on capital used (ROIC) is 1.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 5.5% net margin and 1.10× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 5.5% net margin × 1.10× asset turnover × 1.98× leverage (assets divided by equity) ≈ 12.0% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 10.6% − 12.0% = −1.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 10.6% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 9.0%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Nitin Spinners have too much debt? Nitin Spinners Ltd has total debt of ₹1,124 Cr against shareholder equity of ₹1,471 Cr as of Jun 2026, so its debt is 0.76× its equity. Year by year, that ratio went from 0.79 in FY22 to 0.76 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Nitin Spinners shareholding pattern? Foreign institutions raised their stake in Nitin Spinners Ltd by 1.2 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 1.9% of the company. Promoters moved +0.2 points over the same period, to 56.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.2 points over 8 quarters, to 1.9%; Promoters: +0.2 points over 8 quarters, to 56.7%; Domestic institutions: −0.1 points over 8 quarters, to 14.8%. Why the owners changed: foreign institutions drove it (+1.2 points). They raised their stake step by step. ## How far is Nitin Spinners from balance-sheet trouble? For Nitin Spinners Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nitin Spinners rank in its industry? 65.5 out of 100, rank 2 of 13 in Textiles - Spinning, with 100% of the evidence available. Nitin Spinners Ltd scores 65.5 out of 100 against the 13 companies it is compared with in Textiles - Spinning, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 23 + 13.4 + 10.6 + 18.5 = 65.5. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nitin Spinners compared with? Nitin Spinners ranks 2 of 13 Textiles - Spinning companies on the 4-Factor Sector Score, with 65.5 out of 100. 1. [Sportking India Ltd](https://www.sectoralpha.in/stocks/sportking-india-ltd) SPORTKING · losing its lead · Most evidence points up · 100% evidence 71.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.2/35 · Revenue 12.9% · Profit 100% · Operating margin change 10 points · 100% evidence Capital efficiency 17.9/25 · ROCE 13.2% · Operating margin 20% · 100% evidence Valuation 11.4/20 · P/E 10.4× · PEG 0.43 · 100% evidence Relative strength 11.7/20 · Lead over its industry 7.7% · Lead over NIFTY 500 30.2% · 1 year 89.3% · 100% evidence · 10 of 12 weeks ahead Exact sum: 30.2 + 17.9 + 11.4 + 11.7 = 71.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Nitin Spinners Ltd this page NITINSPIN · leader · Most evidence points up · 100% evidence 65.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Revenue 8.9% · Profit 58.7% · Operating margin change 5 points · 100% evidence Capital efficiency 13.4/25 · ROCE 12.2% · Operating margin 18% · 100% evidence Valuation 10.6/20 · P/E 13.8× · PEG 0.74 · 100% evidence Relative strength 18.5/20 · Lead over its industry 20.6% · Lead over NIFTY 500 47.2% · 1 year 96% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23 + 13.4 + 10.6 + 18.5 = 65.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Sangam (India) Ltd](https://www.sectoralpha.in/stocks/sangam-indialtd) SANGAMIND · turning · Evidence leans up · 89% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.1/35 · Revenue 11.9% · Profit 100% · Operating margin change 5 points · 88% evidence Capital efficiency 12.4/25 · ROCE 10.4% · Operating margin 12% · 100% evidence Valuation 12.8/20 · P/E 24.2× · PEG 0.52 · 65% evidence Relative strength 10.3/20 · Lead over its industry -0.4% · Lead over NIFTY 500 23.9% · 1 year 35.1% · 100% evidence · 10 of 12 weeks ahead Exact sum: 27.1 + 12.4 + 12.8 + 10.3 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Swaraj Suiting Ltd](https://www.sectoralpha.in/stocks/swaraj-suiting-ltd) SWARAJ · turning · Evidence leans up · 78% evidence 58.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.4/35 · Revenue 38.1% · Profit 45.2% · Operating margin change -13 points · 83% evidence Capital efficiency 18.4/25 · ROCE 17.5% · Operating margin 19% · 76% evidence Valuation 11.7/20 · P/E 15.4× · PEG n/a · 50% evidence Relative strength 11.1/20 · Lead over its industry 2% · Lead over NIFTY 500 26.9% · 1 year 82% · 100% evidence · 10 of 12 weeks ahead Exact sum: 17.4 + 18.4 + 11.7 + 11.1 = 58.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Indo Rama Synthetics (India) Ltd](https://www.sectoralpha.in/stocks/indo-rama-synthetics-indialtd) INDORAMA · leader · Evidence leans up · 85% evidence 57.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.9/35 · Revenue -4.7% · Profit 47.5% · Operating margin change 2 points · 100% evidence Capital efficiency 15.7/25 · ROCE 17.9% · Operating margin 8% · 100% evidence Valuation 15.2/20 · P/E 8.9× · PEG 0.12 · 100% evidence Relative strength 11.9/20 · Lead over its industry n/a · Lead over NIFTY 500 46.7% · 1 year 6.3% · 25% evidence · 12 of 12 weeks ahead Exact sum: 14.9 + 15.7 + 15.2 + 11.9 = 57.7 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [Rajapalayam Mills Ltd](https://www.sectoralpha.in/stocks/rajapalayam-mills-ltd) RAJPALAYAM · quiet · Evidence leans up · 74% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/35 · Revenue 16.7% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 8.7/25 · ROCE 1.8% · Operating margin 14% · 100% evidence Valuation 16.0/20 · P/E 5.2× · PEG 0.2 · 65% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -8% · 1 year -18.8% · 25% evidence · 0 of 12 weeks ahead Exact sum: 23.5 + 8.7 + 16 + 7.5 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [K P R Mill Ltd](https://www.sectoralpha.in/stocks/k-p-r-mill-ltd) KPRMILL · turning · Evidence leans up · 100% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.6/35 · Revenue 6.5% · Profit 24.1% · Operating margin change 7 points · 100% evidence Capital efficiency 21.4/25 · ROCE 19.6% · Operating margin 26% · 100% evidence Valuation 2.2/20 · P/E 36.7× · PEG 3.89 · 100% evidence Relative strength 10.4/20 · Lead over its industry -7.1% · Lead over NIFTY 500 16.3% · 1 year 4.3% · 100% evidence · 7 of 12 weeks ahead Exact sum: 20.6 + 21.4 + 2.2 + 10.4 = 54.6 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Ambika Cotton Mills Ltd](https://www.sectoralpha.in/stocks/ambika-cotton-mills-ltd) AMBIKCO · quiet · Evidence leans up · 96% evidence 53.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 23.8% · Profit 36.7% · Operating margin change 1 points · 88% evidence Capital efficiency 14.2/25 · ROCE 11.6% · Operating margin 15% · 100% evidence Valuation 12.9/20 · P/E 10.1× · PEG 1.56 · 100% evidence Relative strength 4.6/20 · Lead over its industry -17.8% · Lead over NIFTY 500 2.5% · 1 year 6.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 21.6 + 14.2 + 12.9 + 4.6 = 53.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Pashupati Cotspin Ltd](https://www.sectoralpha.in/stocks/pashupati-cotspin-ltd) PASHUPATI · turning · Evidence leans down · 96% evidence 49.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.6/35 · Revenue -7.5% · Profit 2.4% · Operating margin change 5.6 points · 88% evidence Capital efficiency 10.6/25 · ROCE 10% · Operating margin 9.5% · 100% evidence Valuation 9.6/20 · P/E 136× · PEG 1.51 · 100% evidence Relative strength 20.0/20 · Lead over its industry 26.7% · Lead over NIFTY 500 59.9% · 1 year 66.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 9.6 + 10.6 + 9.6 + 20 = 49.8 · What this means: Relative strength against the index is 59.9%, and revenue and profit growth are weak. 10. [RSWM Ltd](https://www.sectoralpha.in/stocks/rswm-ltd) RSWM · losing its lead · Evidence leans down · 79% evidence 39.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue -5.1% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 5.0/25 · ROCE 5.6% · Operating margin 8% · 100% evidence Valuation 10.4/20 · P/E 11.7× · PEG n/a · 15% evidence Relative strength 4.6/20 · Lead over its industry -12.6% · Lead over NIFTY 500 8.3% · 1 year 16.5% · 100% evidence · 8 of 12 weeks ahead Exact sum: 19.6 + 5 + 10.4 + 4.6 = 39.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Sanathan Textiles Ltd](https://www.sectoralpha.in/stocks/sanathan-textiles-ltd) SANATHAN · leader · Evidence leans down · 64% evidence 37.0 out of 100 Growth Capital Valuation Relative
12. [Vardhman Textiles Ltd](https://www.sectoralpha.in/stocks/vardhman-textiles-ltd) VTL · quiet · Most evidence points down · 96% evidence 30.0 out of 100 Growth Capital Valuation Relative
13. [Jaybharat Textiles & Real Estate Ltd](https://www.sectoralpha.in/stocks/jaybharat-textiles-real-estate-ltd) Too little evidence to rank firmly · 19% evidence 41.6 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Spinning](https://www.sectoralpha.in/sectors/textiles-spinning), all 13 compared on one page. ## Which companies are close to Nitin Spinners in size? Nitin Spinners is the 4th largest of 13 Textiles - Spinning companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: K P R Mill, Vardhman Textiles and Sanathan Textiles. Just below it: Sangam (India), Sportking India and Pashupati Cotspin. ### Textiles - Spinning companies close in size

1. [K P R Mill Ltd](https://www.sectoralpha.in/stocks/k-p-r-mill-ltd) ₹38,099 crore
2. [Vardhman Textiles Ltd](https://www.sectoralpha.in/stocks/vardhman-textiles-ltd) ₹14,078 crore
3. [Sanathan Textiles Ltd](https://www.sectoralpha.in/stocks/sanathan-textiles-ltd) ₹4,189 crore
4. Nitin Spinners Ltd ₹3,661 crore
5. [Sangam (India) Ltd](https://www.sectoralpha.in/stocks/sangam-indialtd) ₹3,059 crore
6. [Sportking India Ltd](https://www.sectoralpha.in/stocks/sportking-india-ltd) ₹2,383 crore
7. [Pashupati Cotspin Ltd](https://www.sectoralpha.in/stocks/pashupati-cotspin-ltd) ₹2,125 crore

[All 13 Textiles - Spinning companies, largest first](https://www.sectoralpha.in/sectors/textiles-spinning#all-companies)

### Companies close in size in other industries

1. [Afcom Holdings Ltd](https://www.sectoralpha.in/stocks/afcom-holdings-ltd) ₹3,664 crore · Air Transport Service
2. [Network 18 Media & Investments Ltd](https://www.sectoralpha.in/stocks/network-18-media-investments-ltd) ₹3,662 crore · Entertainment & Media
3. Nitin Spinners Ltd ₹3,661 crore
4. [Steamhouse India Ltd](https://www.sectoralpha.in/stocks/steamhouse-india-ltd) ₹3,655 crore
5. [Vishnu Chemicals Ltd](https://www.sectoralpha.in/stocks/vishnu-chemicals-ltd) ₹3,650 crore · Speciality Chemicals

## What else do people ask about Nitin Spinners? ### What is Nitin Spinners's share price today? Nitin Spinners Ltd's share price is ₹658.80, +98.3% over the past year. The whole company is worth ₹3,705 Cr on the market. It is at its highest price of the past 52 weeks (range ₹305 to ₹659), 26.6% above its 200-day average. The price has been rising for 33 weeks (as of 3 November 2026). ### What were Nitin Spinners's latest quarterly results? Nitin Spinners Ltd reported revenue of ₹985 Cr and net profit of ₹89.0 Cr for the Sep 2026 quarter. Revenue rose 29.6% and profit rose 154.3% compared with a year earlier. Earnings per share were ₹15.77. The operating margin was 18.0%, 5.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Nitin Spinners's market cap? Nitin Spinners Ltd's market capitalisation is ₹3,705 Cr at a share price of ₹658.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nitin Spinners performing? Nitin Spinners Ltd's share price has been rising for 33 weeks. In its latest quarter, revenue rose 29.6% and profit rose 154.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 15 weeks running (as of 3 November 2026). ### Will Nitin Spinners's share price go up? This page does not forecast Nitin Spinners Ltd's share price. What it shows instead: the share price is ₹658.80, and it has been rising for 33 weeks. Its P/E of 14.0× is higher than 77% of its own last 11 years (as of 3 November 2026). ### Where is Nitin Spinners in its business cycle? Nitin Spinners Ltd's FY26 operating margin was 14.0%, against a 13-year range of 12.0% to 24.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 18.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nitin Spinners story? The main question: the share price moved +98.3% in a year while yearly earnings per share moved +1.2%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nitin Spinners a stock worth studying right now? What the numbers show: Nitin Spinners Ltd's share price has risen faster than its earnings: +98.3% in a year, against +1.2% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Nitin Spinners share price forecast for 2026? What management itself guided: Current yarn spread around ₹130 versus about ₹110 in the preceding quarter; expected to sustain under current conditions. ## Lists

- Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india
- 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india

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