Nitin Spinners Ltd
₹ 369
-1.08%
02 May
- close price
About
Nitin Spinners is engaged in the business of Yarn and Cotton Knitted Fabric.
Key Points
- Market Cap ₹ 2,076 Cr.
- Current Price ₹ 369
- High / Low ₹ 395 / 225
- Stock P/E 15.9
- Book Value ₹ 191
- Dividend Yield 0.68 %
- ROCE 11.9 %
- ROE 17.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 25.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.5%
- Company's median sales growth is 15.8% of last 10 years
Cons
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Textiles Industry: Textiles - Cotton/Blended
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Quarterly Results
Figures in Rs. Crores
Upcoming result date: 9 May 2024
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
428 | 446 | 488 | 616 | 766 | 933 | 1,145 | 1,241 | 1,436 | 1,622 | 2,690 | 2,404 | 2,760 | |
383 | 358 | 394 | 516 | 629 | 799 | 990 | 1,062 | 1,266 | 1,365 | 2,039 | 2,107 | 2,428 | |
Operating Profit | 45 | 88 | 94 | 100 | 137 | 133 | 155 | 178 | 170 | 257 | 652 | 297 | 332 |
OPM % | 11% | 20% | 19% | 16% | 18% | 14% | 14% | 14% | 12% | 16% | 24% | 12% | 12% |
0 | -15 | 0 | 4 | 1 | 1 | 2 | 3 | 2 | 2 | -3 | 3 | 3 | |
Interest | 21 | 27 | 17 | 23 | 33 | 22 | 30 | 29 | 56 | 62 | 55 | 38 | 66 |
Depreciation | 24 | 24 | 25 | 28 | 40 | 42 | 56 | 55 | 81 | 91 | 87 | 87 | 104 |
Profit before tax | 0 | 21 | 52 | 54 | 65 | 70 | 71 | 97 | 36 | 107 | 506 | 176 | 165 |
Tax % | 0% | 33% | 33% | 24% | 32% | 18% | 27% | 34% | 33% | 35% | 36% | 6% | |
0 | 14 | 35 | 41 | 44 | 57 | 52 | 64 | 24 | 69 | 326 | 165 | 131 | |
EPS in Rs | 0.07 | 3.09 | 7.59 | 8.94 | 9.63 | 12.51 | 9.43 | 11.40 | 4.24 | 12.25 | 58.01 | 29.32 | 23.29 |
Dividend Payout % | 0% | 0% | 10% | 11% | 10% | 10% | 13% | 11% | 14% | 12% | 4% | 9% |
Compounded Sales Growth | |
---|---|
10 Years: | 18% |
5 Years: | 16% |
3 Years: | 19% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 26% |
3 Years: | 91% |
TTM: | -38% |
Stock Price CAGR | |
---|---|
10 Years: | 36% |
5 Years: | 36% |
3 Years: | 59% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 21% |
3 Years: | 26% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 46 | 46 | 46 | 46 | 46 | 46 | 56 | 56 | 56 | 56 | 56 | 56 | 56 |
Reserves | 41 | 55 | 86 | 121 | 160 | 218 | 361 | 426 | 438 | 507 | 820 | 973 | 1,018 |
249 | 207 | 176 | 378 | 352 | 568 | 449 | 860 | 1,040 | 962 | 689 | 980 | 1,216 | |
12 | 38 | 46 | 65 | 77 | 53 | 63 | 93 | 111 | 151 | 260 | 209 | 250 | |
Total Liabilities | 347 | 346 | 354 | 610 | 635 | 885 | 929 | 1,436 | 1,645 | 1,676 | 1,824 | 2,218 | 2,541 |
228 | 213 | 191 | 417 | 382 | 613 | 570 | 524 | 1,140 | 1,060 | 1,012 | 1,011 | 1,588 | |
CWIP | 3 | 0 | 21 | 0 | 17 | 0 | 4 | 468 | 0 | 2 | 0 | 340 | 156 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
116 | 133 | 142 | 193 | 236 | 272 | 355 | 445 | 506 | 615 | 812 | 867 | 797 | |
Total Assets | 347 | 346 | 354 | 610 | 635 | 885 | 929 | 1,436 | 1,645 | 1,676 | 1,824 | 2,218 | 2,541 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
64 | 89 | 87 | 45 | 100 | 54 | 66 | 104 | 98 | 155 | 431 | 194 | |
-8 | -4 | -39 | -219 | -36 | -241 | -20 | -483 | -217 | -11 | -86 | -433 | |
-56 | -84 | -48 | 176 | -65 | 188 | -47 | 382 | 116 | -144 | -345 | 239 | |
Net Cash Flow | -0 | 0 | -0 | 1 | -0 | 1 | -1 | 3 | -3 | -0 | 0 | -0 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 16 | 23 | 19 | 24 | 19 | 19 | 28 | 36 | 39 | 37 | 33 | 34 |
Inventory Days | 95 | 113 | 87 | 90 | 90 | 105 | 103 | 99 | 105 | 137 | 100 | 110 |
Days Payable | 5 | 7 | 13 | 9 | 10 | 11 | 13 | 15 | 16 | 21 | 20 | 12 |
Cash Conversion Cycle | 106 | 129 | 92 | 105 | 99 | 113 | 118 | 119 | 127 | 153 | 113 | 132 |
Working Capital Days | 64 | 56 | 53 | 64 | 58 | 66 | 82 | 91 | 89 | 92 | 85 | 104 |
ROCE % | 6% | 20% | 23% | 18% | 18% | 13% | 12% | 11% | 6% | 11% | 37% | 12% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 11h
- Board Meeting Intimation for INTIMATION FOR BOARD MEETING-UNDER REGULATION 29 OF SEBI (LODR) REGULATIONS , 2015 29 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI )LODR) Regulations,2015 22 Apr
- TEXPROCIL AWARDS FOR THE YEAR 2021-22 AND 2022-23 12 Apr
- CERTIFICATE UNDER REGULATION 40(9) OF THE SEBI (LODR) REGULATIONS, 2015 11 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
from nse
Concalls
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Feb 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT
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May 2023TranscriptNotesPPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022TranscriptNotesPPT
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Nov 2021TranscriptNotesPPT
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Aug 2021TranscriptNotesPPT
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May 2021Transcript PPT
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Mar 2021TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Dec 2017TranscriptNotesPPT
Product Portfolio[1]
Yarn - 100% cotton and blended yarns used for manufacturing denims, bed linen, tea bags, terry towel etc.
Knitted Fabric - Single Jersey with elastane. Used for manufacturing innerwear, sports wear, babywear, winterwear etc.
Finished Woven Fabric - Cotton Spandex Fabrics. Used for manufacturing fashion wear, defence wear, healthcare wear etc.