Nitin Spinners logo

Nitin Spinners share price

NSE: NITINSPINBSE: 532698Textiles & ApparelsSmall Cap

Last close ₹601.75down ₹21.20 (3.40%)BSE ₹602.30

Share price at the NSE close on 23 Oct 2026. Previous close ₹622.95.

52-week range of traded prices to 23 Oct 2026
₹302.20Low, 21 Jan 2026₹667.00High, 16 Oct 2026
Market cap
₹3,383 Cr1,099th largest listed
P/E
16.0
P/B
2.3
Dividend yield
0.50%
ROE
15.2%
ROCE
13.4%
Debt to equity
0.76
Volume, NSE
1,37,27954.2% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+81.6%over a year

Results20-session average 1,09,629 shares a day, 49.8% delivered

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 8 Aug

Revenue
₹875 Crup 1.77%
Net profit
₹75 Crup 31.21%
Net margin
8.6%

Revenue by year

Peak revenue ₹3,306 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreSep 2024Filed 7 NovDec 2024Filed 27 JanMar 2025Filed 23 JunJun 2025Filed 5 AugSep 2025Filed 4 NovDec 2025Filed 31 JanMar 2026Filed 8 MayJun 2026Filed 8 Aug
Revenue823839841793760801860875
Net profit4245464135445775
Net margin5.1%5.3%5.5%5.2%4.6%5.5%6.7%8.6%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, TEXTILE, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 88% of 2,480 trading days over the last 10 years.

LowestHighest
Its median9.8Industry median14.3
Price to book

At or below today's level on 96% of 1,975 trading days since Nov 2018.

LowestHighest
Its median1.4Industry median1.1
EV to EBITDA9.1

At or below today's level on 85% of 1,975 trading days since Nov 2018.

LowestHighest
Its median6.6Industry median10.6
Dividend yield

At or below today's level on 5% of 2,456 trading days over the last 10 years.

LowestHighest
Its median0.98%Industry median0.51%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+8.5%+1.2%+6.4%0.9%
3 years+16.0%+2.5%+12.3%0.9%
5 years+34.7%+20.9%+10.5%1.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters56.71%
  • Foreign institutions1.95%
  • Indian institutions14.77%
  • Individuals and others26.56%
Holder
REDIAL TRADING AND INVESTMENT PRIVATE LIMITEDPromoter32.18%
SUSHILA DEVI NOLKHAPromoter13.87%
NITIN NOLAKHAPromoter3.29%
RATAN LAL NOLKHA HUFPromoter2.96%
DINESH NOLKHAPromoter2.12%
DINESH NOLKHA HUFPromoter0.64%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

8 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 5 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.

Added
1
Cut
4
Held unchanged
3
Fund
Bandhan Mutual Fund logoBandhan Small Cap FundBandhan Mutual Fund29,80,9770.50%₹178.4 Cr
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund27,30,4990.46%₹163.4 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Small Cap FundMahindra Manulife Mutual Fund12,50,0631.39%₹74.8 Cr
Mahindra Manulife Mutual Fund logoMahindra Manulife Multi Cap FundMahindra Manulife Mutual Fund7,82,0000.63%₹46.8 Cr
Bajaj Finserv Mutual Fund logoBajaj Finserv Small Cap FundBajaj Finserv Mutual Fund2,71,0940.59%₹16.2 Cr
Bajaj Finserv Mutual Fund logoBajaj Finserv Multi Cap FundBajaj Finserv Mutual Fund1,66,8470.61%₹9.98 Cr
Bajaj Finserv Mutual Fund logoBajaj Finserv ELSS - Tax Saver FundBajaj Finserv Mutual Fund7,3160.50%₹0.44 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal BSE 1000 Index FundMotilal Oswal Mutual Fund710.01%₹42,000
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Other Textile Products, 271 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Nitin Spinners in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Sanathan Textiles logoSanathan TextilesSANATHAN4,21069.32.217.1+48.5%−59.7%3.3%6.2%0.00%
Filatex India logoFilatex IndiaFILATEX4,07621.32.712.0+0.2%+34.4%13.5%16.4%0.33%
Alok Industries logoAlok IndustriesALOKINDS4,017––291.2+6.0%––−3.8%0.00%
Jindal Worldwide logoJindal WorldwideJINDWORLD3,55541.94.130.3−1.7%+12.7%10.3%7.6%0.00%
Raymond Lifestyle logoRaymond LifestyleRAYMONDLSL3,11271.70.35.9+9.2%+4.4%0.5%2.6%0.20%
Sangam (India) logoSangam (India)SANGAMIND2,93024.12.711.2+11.9%+518.3%11.7%12.0%0.34%
Ganesha Ecosphere logoGanesha EcosphereGANECOS2,61646.32.118.1+7.0%−38.1%4.7%5.6%0.36%
Sportking India logoSportking IndiaSPORTKING2,57115.92.38.7+5.6%+44.9%15.2%16.1%0.49%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹4.00 a share, year to Mar 2022.
Ex-dateTypePer share
11 Sep 2026Final₹3.00
29 Aug 2025Final₹3.00
9 Sep 2024Final₹2.50
11 Sep 2023Final₹2.50
7 Sep 2022Final₹2.50
10 Feb 2022Interim₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Nitin Spinners share price by year

Each calendar year to 2025.Nitin Spinners share price history

YearClose at year endChangeHighest closeLowest close
2025314.85−29.0%447.00302.45
2024443.15+37.1%487.65304.75
2023323.25+59.4%367.90201.55
2022202.85−22.1%338.50182.95
2021260.40+270.7%281.1571.25
202070.25+37.6%75.7025.30
201951.05−46.9%95.4045.35
201896.20−16.8%123.2573.55
2017115.60+66.7%139.0571.45
201669.35−12.1%84.2049.30
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026619.00625.20598.00601.75607.151,37,27954.2%
22 Oct 2026618.95637.45612.60622.95625.091,01,77940.6%
21 Oct 2026652.00652.00615.00619.70626.561,25,73554.3%
19 Oct 2026658.35658.45639.10646.10648.551,12,44549.4%
16 Oct 2026624.80667.00624.80653.85654.705,58,12527.4%
15 Oct 2026646.75646.75617.05621.70626.1872,00357.7%
14 Oct 2026605.30649.00605.30642.75633.881,75,39554.5%
13 Oct 2026618.00618.00596.20609.50603.901,06,07543.7%
12 Oct 2026614.90638.00609.10614.95623.981,01,91645.1%
9 Oct 2026600.80612.30591.40608.80601.3970,14544.1%
Prices in ₹ per share as traded, not adjusted.

Company details

Legal name
Nitin Spinners Limited
NSE symbol
NITINSPIN
BSE code
532698
ISIN
INE229H01012
Industry
Textiles & Apparels
Listed
Feb 2006
Face value
₹10
CIN
L17111RJ1992PLC006987
Corporate identity number, the registrar of companies' code for it