Nitin Spinners Limited Logo

Nitin Spinners Limited

NITINSPIN.NS

(2.5)
Stock Price

388,80 INR

0% ROA

13.03% ROE

15x PER

Market Cap.

21.712.164.000,00 INR

0% DER

0.65% Yield

4.68% NPM

Nitin Spinners Limited Stock Analysis

Nitin Spinners Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nitin Spinners Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (20.89%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

3 Dividend

The company's consistent dividend payouts over the past five years exemplify its strong commitment to providing shareholders with reliable returns, making it an attractive investment option.

4 ROA

The stock's ROA (9.04%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 DER

The stock has a reasonable amount of debt compared to its ownership (79%), suggesting a balanced financial position and a moderate level of risk.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (11.074) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Nitin Spinners Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nitin Spinners Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Nitin Spinners Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nitin Spinners Limited Revenue
Year Revenue Growth
2008 2.622.682.000
2009 3.019.549.000 13.14%
2010 4.059.055.000 25.61%
2011 4.229.218.000 4.02%
2012 4.460.536.000 5.19%
2013 4.883.402.000 8.66%
2014 6.164.723.000 20.78%
2015 7.668.668.000 19.61%
2016 9.333.796.000 17.84%
2017 11.272.974.000 17.2%
2018 12.283.302.000 8.23%
2019 14.232.834.000 13.7%
2020 16.086.556.000 11.52%
2021 26.639.717.000 39.61%
2022 24.067.074.000 -10.69%
2023 29.495.832.000 18.41%
2023 29.056.493.000 -1.51%
2024 32.118.668.000 9.53%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nitin Spinners Limited Research and Development Expenses
Year Research and Development Expenses Growth
2008 0
2009 0 0%
2010 0 0%
2011 0 0%
2012 4.312.000 100%
2013 4.826.000 10.65%
2014 6.272.000 23.05%
2015 10.141.000 38.15%
2016 14.610.000 30.59%
2017 17.802.000 17.93%
2018 18.477.000 3.65%
2019 33.094.000 44.17%
2020 39.698.000 16.64%
2021 48.784.000 18.62%
2022 51.063.000 4.46%
2023 0 0%
2023 92.679.000 100%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nitin Spinners Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2008 15.150.000
2009 15.240.000 0.59%
2010 8.761.000 -73.95%
2011 9.236.000 5.14%
2012 8.982.000 -2.83%
2013 10.632.000 15.52%
2014 33.227.000 68%
2015 28.651.000 -15.97%
2016 32.573.000 12.04%
2017 26.503.000 -22.9%
2018 32.325.000 18.01%
2019 49.603.000 34.83%
2020 74.743.000 33.64%
2021 97.793.000 23.57%
2022 117.818.000 17%
2023 0 0%
2023 0 0%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nitin Spinners Limited EBITDA
Year EBITDA Growth
2008 561.979.000
2009 338.323.000 -66.11%
2010 1.148.691.000 70.55%
2011 405.030.000 -183.61%
2012 1.034.356.000 60.84%
2013 939.225.000 -10.13%
2014 1.021.871.000 8.09%
2015 1.348.596.000 24.23%
2016 1.310.428.000 -2.91%
2017 1.522.723.000 13.94%
2018 1.774.437.000 14.19%
2019 1.671.712.000 -6.14%
2020 2.543.351.000 34.27%
2021 6.481.192.000 60.76%
2022 3.003.661.000 -115.78%
2023 3.292.228.000 8.77%
2023 3.770.584.000 12.69%
2024 4.752.012.000 20.65%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nitin Spinners Limited Gross Profit
Year Gross Profit Growth
2008 492.876.000
2009 602.147.000 18.15%
2010 1.038.646.000 42.03%
2011 731.956.000 -41.9%
2012 1.263.431.000 42.07%
2013 1.904.834.000 33.67%
2014 1.563.752.000 -21.81%
2015 2.078.401.000 24.76%
2016 2.180.676.000 4.69%
2017 2.344.245.000 6.98%
2018 2.721.414.000 13.86%
2019 2.909.649.000 6.47%
2020 4.281.604.000 32.04%
2021 9.021.880.000 52.54%
2022 7.757.102.000 -16.3%
2023 6.730.912.000 -15.25%
2023 4.427.201.000 -52.04%
2024 5.712.952.000 22.51%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nitin Spinners Limited Net Profit
Year Net Profit Growth
2008 -274.717.000
2009 6.745.000 4172.9%
2010 67.378.000 89.99%
2011 3.031.000 -2122.96%
2012 141.373.000 97.86%
2013 347.807.000 59.35%
2014 409.594.000 15.08%
2015 441.628.000 7.25%
2016 571.505.000 22.73%
2017 523.859.000 -9.1%
2018 641.069.000 18.28%
2019 238.172.000 -169.16%
2020 688.719.000 65.42%
2021 3.261.377.000 78.88%
2022 1.648.105.000 -97.89%
2023 1.267.944.000 -29.98%
2023 1.315.182.000 3.59%
2024 1.684.672.000 21.93%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nitin Spinners Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2008 -7
2009 0 0%
2010 1 100%
2011 0 0%
2012 3 100%
2013 8 57.14%
2014 9 12.5%
2015 10 11.11%
2016 13 25%
2017 11 -20%
2018 11 9.09%
2019 4 -175%
2020 12 66.67%
2021 58 79.31%
2022 29 -100%
2023 23 -31.82%
2023 23 4.35%
2024 30 20.69%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nitin Spinners Limited Free Cashflow
Year Free Cashflow Growth
2008 -565.640.000
2009 -4.055.000 -13849.2%
2010 443.937.000 100.91%
2011 613.890.000 27.68%
2012 772.444.000 20.53%
2013 830.879.000 7.03%
2014 -2.164.665.000 138.38%
2015 644.329.000 435.96%
2016 -2.147.843.000 130%
2017 461.411.000 565.49%
2018 -3.799.607.000 112.14%
2019 -1.189.683.000 -219.38%
2020 1.424.476.000 183.52%
2021 3.389.651.000 57.98%
2022 -2.415.051.000 240.36%
2023 -7.367.662.000 67.22%
2023 0 0%
2024 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nitin Spinners Limited Operating Cashflow
Year Operating Cashflow Growth
2008 142.683.000
2009 5.569.000 -2462.09%
2010 451.869.000 98.77%
2011 641.778.000 29.59%
2012 888.986.000 27.81%
2013 866.246.000 -2.63%
2014 445.072.000 -94.63%
2015 1.003.974.000 55.67%
2016 591.598.000 -69.71%
2017 662.932.000 10.76%
2018 1.037.313.000 36.09%
2019 981.901.000 -5.64%
2020 1.548.704.000 36.6%
2021 4.314.330.000 64.1%
2022 1.937.646.000 -122.66%
2023 801.774.000 -141.67%
2023 0 0%
2024 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nitin Spinners Limited Capital Expenditure
Year Capital Expenditure Growth
2008 708.323.000
2009 9.624.000 -7259.96%
2010 7.932.000 -21.33%
2011 27.888.000 71.56%
2012 116.542.000 76.07%
2013 35.367.000 -229.52%
2014 2.609.737.000 98.64%
2015 359.645.000 -625.64%
2016 2.739.441.000 86.87%
2017 201.521.000 -1259.38%
2018 4.836.920.000 95.83%
2019 2.171.584.000 -122.74%
2020 124.228.000 -1648.06%
2021 924.679.000 86.57%
2022 4.352.697.000 78.76%
2023 8.169.436.000 46.72%
2023 0 0%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nitin Spinners Limited Equity
Year Equity Growth
2008 739.395.000
2009 796.188.000 7.13%
2010 863.566.000 7.8%
2011 866.596.000 0.35%
2012 1.007.969.000 14.03%
2013 1.315.559.000 23.38%
2014 1.669.988.000 21.22%
2015 2.056.451.000 18.79%
2016 2.561.758.000 19.73%
2017 4.168.315.000 38.54%
2018 4.825.347.000 13.62%
2019 4.940.332.000 2.33%
2020 5.633.475.000 12.3%
2021 8.758.070.000 35.68%
2022 10.289.011.000 14.88%
2023 10.744.813.000 4.24%
2023 11.463.282.000 6.27%
2024 11.463.282.000 0%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nitin Spinners Limited Assets
Year Assets Growth
2008 3.961.820.000
2009 3.962.955.000 0.03%
2010 3.812.070.000 -3.96%
2011 3.472.983.000 -9.76%
2012 3.457.286.000 -0.45%
2013 3.539.847.000 2.33%
2014 6.098.954.000 41.96%
2015 6.350.374.000 3.96%
2016 9.234.540.000 31.23%
2017 9.285.916.000 0.55%
2018 14.362.829.000 35.35%
2019 16.452.600.000 12.7%
2020 16.763.207.000 1.85%
2021 18.243.678.000 8.11%
2022 22.179.839.000 17.75%
2023 25.405.570.000 12.7%
2023 27.166.526.000 6.48%
2024 0 0%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nitin Spinners Limited Liabilities
Year Liabilities Growth
2008 3.222.425.000
2009 3.166.767.000 -1.76%
2010 2.948.504.000 -7.4%
2011 2.606.387.000 -13.13%
2012 2.449.317.000 -6.41%
2013 2.224.288.000 -10.12%
2014 4.428.966.000 49.78%
2015 4.293.923.000 -3.14%
2016 6.672.782.000 35.65%
2017 5.117.601.000 -30.39%
2018 9.537.482.000 46.34%
2019 11.512.268.000 17.15%
2020 11.129.732.000 -3.44%
2021 9.485.608.000 -17.33%
2022 11.890.828.000 20.23%
2023 14.660.757.000 18.89%
2023 15.703.244.000 6.64%
2024 0 0%

Nitin Spinners Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
549.89
Net Income per Share
25.74
Price to Earning Ratio
15x
Price To Sales Ratio
0.7x
POCF Ratio
8.17
PFCF Ratio
-6.05
Price to Book Ratio
1.89
EV to Sales
0.7
EV Over EBITDA
5.17
EV to Operating CashFlow
8.17
EV to FreeCashFlow
-6.05
Earnings Yield
0.07
FreeCashFlow Yield
-0.17
Market Cap
21,71 Bil.
Enterprise Value
21,72 Bil.
Graham Number
343.67
Graham NetNet
0.07

Income Statement Metrics

Net Income per Share
25.74
Income Quality
1.84
ROE
0.13
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.74
EBT Per Ebit
0.68
Ebit per Revenue
0.09
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.21
Operating Profit Margin
0.09
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0.01
Dividend Yield %
0.65
Payout Ratio
0
Dividend Per Share
2.5

Operating Metrics

Operating Cashflow per Share
47.3
Free CashFlow per Share
-63.81
Capex to Operating CashFlow
2.35
Capex to Revenue
0.2
Capex to Depreciation
7.6
Return on Invested Capital
0.19
Return on Tangible Assets
0
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
111.11

Balance Sheet

Cash per Share
0,07
Book Value per Share
0,00
Tangible Book Value per Share
0
Shareholders Equity per Share
203.9
Interest Debt per Share
16.86
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
0
Current Ratio
0
Tangible Asset Value
0,00 Bil.
Net Current Asset Value
0,00 Bil.
Invested Capital
4054000
Working Capital
0,00 Bil.
Intangibles to Total Assets
0
Average Receivables
1,61 Bil.
Average Payables
0,37 Bil.
Average Inventory
2819858000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nitin Spinners Limited Dividends
Year Dividends Growth
2014 1
2015 1 100%
2016 1 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 2 100%
2022 4 75%
2023 3 -100%
2024 3 0%

Nitin Spinners Limited Profile

About Nitin Spinners Limited

Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India. The company offers ring spun carded, ring spun, compact ring spun combed, compact ring spun, blended ring spun, fancy slub, compact fancy slub, core spun, compact core spun, S and Z twist, organic cotton, BCI/TBC certified, Supima and Giza certified, contamination free, zero and eli twist, and open end yarns; poly /cotton blended open end yarns; combed, compact, and carded multi-fold ring spun yarns; and yarns made out of recycled fibers, as well as dye able cheese/cones used in woven and knitted apparel, furnishing fabrics, denims, terry towel, medical fabrics, tea bags, and bed linen. It also provides single jersey, Lycra blended, pique structured, interlock structured, rib structured, and 3 T fleece fabrics used in inner, comfort, sports, baby, and winter wears. In addition, the company offers finished and printed woven fabrics used in fashion and image wears, uniforms, health care apparels, hotel apparels, industrial and protective apparels, and defense apparels. It also exports its products to approximately 50 countries. The company was incorporated in 1992 and is headquartered in Bhilwara, India.

CEO
Mr. Dinesh Nolkha
Employee
7.142
Address
16-17 Km. Stone
Bhilwara, 311025

Nitin Spinners Limited Executives & BODs

Nitin Spinners Limited Executives & BODs
# Name Age
1 Mr. Pratyush Nolakha
Executive Director
70
2 Mr. Anil Kumar Jain
Joint President
70
3 Mr. Dinesh Nolkha
MD & Executive Director
70
4 Mr. Nitin Nolakha
Joint MD & Executive Director
70
5 Mr. Purushottam Maheshwari
President & Chief Financial Officer
70
6 Mr. Sudhir Kumar Garg
Company Secretary, Vice President of Legal & Compliance Officer
70
7 Mr. Umesh Toshniwal
Joint President of Marketing
70
8 Mr. Sandeep Garg
President & Chief Operating Officer
70

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