Nitin Spinners Limited

BSE: 532698 NSE: NITINSPIN
Nitin Spinners Limited - manufacturing in Bhilwara, Rajasthan, India. FY 2026 financials & compliance.
CIN L17111RJ1992PLC006987 Incorporated 15 October 1992 ROC Jaipur HQ Bhilwara, Rajasthan, India
Active Listed - NSE: NITINSPIN · BSE: 532698 Public Limited Company manufacturing
Data last updated
Market Cap
₹3,404 Cr
NITINSPIN · NSE
Share Price
₹612.35
+1.12% today
Revenue
₹3,214 Cr
FY 2025-26 · -2.6% YoY
EBITDA
₹453 Cr
Margin 14.1%
Net Profit
₹178 Cr
FY 2025-26 · +1.2% YoY
P/E (TTM)
16.4x
P/B 2.4x
ROE
12.8%
ROCE 12.1%
Debt / Equity
0.82
Interest cover 23.3x

About Nitin Spinners Limited

Data last updated: 26 September 2026

Nitin Spinners Limited is a public limited company based in Bhilwara, Rajasthan, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 15 October 1992, the company has been in operation for over 34 years.

Registered with ROC Jaipur under CIN L17111RJ1992PLC006987. Listed on BSE: 532698 and NSE: NITINSPIN.

Capital: an authorised share capital of ₹60 Cr and a paid-up capital of ₹56.22 Cr. Formerly known as Nitin Spinners Private Limited. It is led by directors including Dinesh Nolkha and Nitin Nolakha.

Last AGM: 06 September 2025. Financial statements filed for year ended 31 March 2025. Office: 16 – 17 K.M.Stone Chittor Road Hamirgarh, Bhilwara, Rajasthan, India – 311001.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹3,213.87 Cr, a decline of 2.78% compared to the previous year. The net worth stands at ₹1,470.73 Cr (up 12.17% YoY). Total assets are valued at ₹2,621.06 Cr (up 5.53% YoY).

The company has a workforce of approximately 4,123 employees as per the latest available data.

The company is associated with 1 brand - Nitin Spinners. As per MCA filings, the company has open charges of ₹2,931.7 Cr and satisfied charges of ₹1,026.14 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitinspinners.com.

Company Details of Nitin Spinners Limited
CIN L17111RJ1992PLC006987
Registration Number 006987
Incorporation Date 15 October 1992
ROC Jaipur
Listing Status Listed (BSE: 532698, NSE: NITINSPIN)
Company Status Active
Date of Last AGM 06 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Nitin Nolakha Managing Director Dinesh Nolkha Whole-Time Director Pratyush Nolakha Whole-Time Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    nitinspinners.com
  • Social Media
    Locked
  • Registered Address
    16 – 17 K.M.Stone Chittor Road Hamirgarh, Bhilwara, Rajasthan, India – 311001
  • Industry
    Manufacturing, Textile & Fabric Production
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Financials, compliance, directors, charges, ownership and filings for Nitin Spinners Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Nitin Spinners Limited

Nitin Spinners Limited has one previous CIN (Corporate Identification Number): U17111RJ1992PLC006987. The current CIN is L17111RJ1992PLC006987, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L17111RJ1992PLC006987 Current
U17111RJ1992PLC006987 Previous

Associated Brands with Nitin Spinners Limited

Nitin Spinners Limited operates one associated brand: Nitin Spinners. These brands represent Nitin Spinners Limited's diversified market presence and brand portfolio.

Brand Description Website
Nitin Spinners
Cotton yarn is manufactured by Nitin Spinners in Bhilwara, India. nitinspinners.com

Business Activity of Nitin Spinners Limited

Nitin Spinners Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C2 Textile, leather and other apparel products Locked
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Auditor Details of Nitin Spinners Limited

Nitin Spinners Limited is audited by KALANI & CO. for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
KALANI & CO. Locked Locked Locked
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Complete auditor history for Nitin Spinners Limited

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Board of Directors of Nitin Spinners Limited

Nitin Spinners Limited is currently managed by 6 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Dinesh Nolkha
Also directs: Nitin Spinners Limited, Confederation Of Indian Textile Industry, Redial Trading And Investment Pvt Ltd and 3 more
Whole-Time Director 01 Oct 2010 15 Years 11 Months Current
Nitin Nolakha
Also directs: Nitin Spinners Limited, Redial Trading And Investment Pvt Ltd, Nitin Finance And Investment Private Limited and 1 more
Managing Director 01 Oct 2015 10 Years 11 Months Current
Rohit Swadheen Mehta
Also directs: Nitin Spinners Limited, Swadheen Advisors Llp
Director 30 Dec 2021 4 Years 8 Months Current
Vibha Aren
Also directs: Nitin Spinners Limited
Director 22 Jul 2024 2 Years 2 Months Current
Pratyush Nolakha
Also directs: Nitin Spinners Limited
Whole-Time Director 22 Jul 2024 2 Years 2 Months Current
Rishabh Chand Lodha
Also directs: Nitin Spinners Limited, Star Paper Mills Ltd., Swadeshi Polytex Ltd
Director 09 Nov 2023 2 Years 10 Months Current
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Financials of Nitin Spinners Limited FY 2025-26 filings available

Nitin Spinners Limited reported revenue of ₹3,213.87 Cr (down 2.78% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹3,214 Cr
-2.8% YoY
EBITDA
₹453 Cr
-4.0% YoY
Profit After Tax
₹178 Cr
+1.2% YoY
Net Worth
₹1,471 Cr
+12.2% YoY
Total Assets
₹2,621 Cr
+5.5% YoY
Total Debt
₹1,124 Cr
-3.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,2143,3062,9062,4072,6921,6241,438
Revenue growth-2.6%+12.1%+19.9%+3.2%+49.6%+7.8%+19.2%
EBITDA453471377297647257170
EBITDA margin+14.1%+14.3%+13.0%+12.3%+24.0%+15.8%+11.8%
Profit before tax23923717817650610735.64
Net profit17817513116432968.5823.65
Net profit margin+5.5%+5.3%+4.5%+6.8%+12.2%+4.2%+1.6%
EPS (₹)31.5831.2023.3929.3258.0112.254.24
Balance sheet
Total assets2,6212,4842,4922,0141,5691,5451,551
Net worth1,4711,3111,1461,029876563494
Total debt1,1241,1651,3399806899621,040
Cash & bank8.649.510.410.430.610.850.43
Net working capital975997873684624525428
Cash flow
Cash from operations41130716319443115598.19
Cash from investing(287)(21.58)(426)(433)(85.90)(11.22)(217)
Cash from financing(128)(279)262239(345)(144)116
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue875860801760793841839823
Revenue growth (YoY)+10.3%+2.2%-4.6%-7.6%-1.2%+5.1%+11.8%+11.5%
Other income2.441.541.040.641.780.840.640.67
Total expenses719729689661682721722707
EBITDA15613011299.56111120117115
EBITDA margin+17.8%+15.2%+13.9%+13.1%+14.0%+14.3%+14.0%+14.0%
Depreciation37.6336.7437.2537.2736.8736.6237.2737.10
Interest19.4116.7916.9616.0821.0321.3820.6621.74
Profit before tax10178.4158.3746.8555.1263.1659.8656.97
Tax25.7121.0513.9612.0714.1416.8015.0914.82

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Sep 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue875860801760793841839823
Revenue growth (YoY)+10.3%+2.2%-4.6%-7.6%-1.2%+5.1%+11.8%+11.5%
Other income2.441.541.040.641.780.840.640.67
Total expenses719729689661682721722707
EBITDA15613011299.56111120117115
EBITDA margin+17.8%+15.2%+13.9%+13.1%+14.0%+14.3%+14.0%+14.0%
Depreciation37.6336.7437.2537.2736.8736.6237.2737.10
Interest19.4116.7916.9616.0821.0321.3820.6621.74
Profit before tax10178.4158.3746.8555.1263.1659.8656.97
Tax25.7121.0513.9612.0714.1416.8015.0914.82
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,2143,3062,9062,4072,6921,6241,438
Revenue growth-2.6%+12.1%+19.9%+3.2%+49.6%+7.8%+19.2%
Other income5.013.602.253.311.841.902.13
Total expenses2,7612,8342,5292,1102,0451,3671,268
Employee cost20920117713313311294.33
EBITDA453471377297647257170
EBITDA margin+14.1%+14.3%+13.0%+12.3%+24.0%+15.8%+11.8%
Depreciation14814811886.8187.4091.0380.70
Interest70.8690.3883.3037.6855.3461.6155.56
Profit before tax23923717817650610735.64
Tax61.2261.5146.0111.0618037.6511.83
Net profit17817513116432968.5823.65
Net profit margin+5.5%+5.3%+4.5%+6.8%+12.2%+4.2%+1.6%
EPS (₹)31.5831.2023.3929.3258.0112.254.24
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital56.2256.2256.2256.2256.2256.2256.22
Reserves & surplus1,4151,2551,090973820507438
Shareholders' funds (net worth)1,4711,3111,1461,029876563494
Secured loans1,1241,1651,3399806899611,040
Unsecured loans0.000.000.000.000.001.040.75
Total debt1,1241,1651,3399806899621,040
Total liabilities2,6212,4842,4922,0141,5691,5451,551
Assets
Gross block2,3702,3112,2961,4801,3951,3801,371
Net block1,4891,5771,7091,0111,0121,0601,140
Capital work in progress1026.642.443400.081.570.00
Investments17.140.000.000.000.000.000.00
Inventories608607564492406355265
Sundry debtors432430321223241166153
Cash & bank balances8.649.510.410.430.610.850.43
Loans & advances98.2978.6510180.8710781.9771.26
Total current assets1,1461,125987796754603489
Total current liabilities17112911411213078.0860.83
Net working capital975997873684624525428
Total assets2,6212,4842,4922,0141,5691,5451,551
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash7.080.070.070.260.020.122.75
Net cash from operating activities41130716319443115598.19
Net cash from investing activities(287)(21.58)(426)(433)(85.90)(11.22)(217)
Net cash from financing activities(128)(279)262239(345)(144)116
Net change in cash(4.13)7.010.00(0.19)0.24(0.10)(2.63)
Closing cash8.649.510.410.430.610.850.43
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.8%+13.8%+20.7%-10.6%+65.7%+13.0%+15.7%
EBITDA growth-4.0%+25.0%+26.9%-54.1%+151.5%+51.5%-4.7%
PBT growth+0.8%+33.5%+0.9%-65.3%+375.2%+198.9%-63.4%
Net income growth+1.2%+33.4%-19.9%-50.1%+379.7%+190.0%-63.2%
Revenue CAGR (3Y)+10.1%+7.1%+21.4%+18.7%+29.4%+12.4%+15.5%
EBITDA CAGR (3Y)+15.1%-10.0%+13.6%+20.5%+53.7%+18.4%+8.4%
Profitability & leverage
Net income margin+5.5%+5.3%+4.5%+6.9%+12.1%+4.2%+1.7%
Return on capital employed+12.1%+13.2%+11.6%+11.9%+36.1%+10.9%+6.3%
Return on net worth+12.8%+14.3%+12.1%+17.3%+45.3%+13.0%+4.9%
Debt / equity0.821.021.070.881.151.891.95
Long-term debt / equity0.420.590.630.510.671.171.33
Interest cover23.2627.9232.2117.929.8937.0662.38
Efficiency & per share
Fixed asset turnover1.371.441.541.671.941.181.41
Inventory turnover5.295.645.505.367.085.255.84
Debtors turnover7.468.8010.6810.3913.2510.2010.52
EPS (₹)31.5831.2023.3929.3258.0112.254.24
Dividend per share (₹)3.003.002.502.502.501.500.60
Book value per share (₹)261.60233.23203.90183.01155.78100.2087.87
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You're viewing the latest exchange-filed financials for Nitin Spinners Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
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Shareholding Pattern of Nitin Spinners Limited

As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 56.70%, foreign institutional investors hold 1.90%, domestic institutional investors hold 14.70%, retail and other public shareholders hold 26.70% of Nitin Spinners Limited.

Promoters: 56.70%DII (Domestic Institutional): 14.70%FII (Foreign Institutional): 1.90%Retail & Others: 26.70%
Jun 2026
QUARTER
56.70% Promoters
14.70% DII (Domestic Institutional)
1.90% FII (Foreign Institutional)
26.70% Retail & Others
Promoter holding - history
Now 56.70% · Jun 2026High 56.70% · Dec 2025Low 56.60% · Sep 2025
55%55.8%56.5%57.3%58%Sep 2025Dec 2025Mar 2026Jun 2026Sep 2025: 56.60%Dec 2025: 56.70%Mar 2026: 56.70%Jun 2026: 56.70%56.70%56.60%56.70%
Shareholding trend - last 6 quarters
Jun 2026Mar 2026Dec 2025Sep 2025
Promoters56.70%56.70%56.70%56.60%
Public43.30%43.30%43.30%43.40%

Charges & Borrowings of Nitin Spinners Limited

Open charges
₹2,931.7 Cr
Satisfied charges
₹1,026.14 Cr
Breakdown by lending institutions
Others₹2,931.70 Cr
Latest charge details
DateLenderAmountStatus
20 Apr 2026 Others ₹170 Cr Open
11 Jul 2025 Others ₹815 Cr Open
11 May 2022 Others ₹655 Cr Open
16 Aug 2018 Others ₹475 Cr Open
26 Nov 2014 Others ₹816.7 Cr Open

Total charge records: 65 View all charges

Employees and EPFO Compliance at Nitin Spinners Limited

Nitin Spinners Limited has a workforce of 4,123 employees as of Apr 09, 2024.

Employee count
4,123
Active EPFO establishments
1
Employee growth
33.86%
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Employee and EPFO history for Nitin Spinners Limited

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GST Compliance of Nitin Spinners Limited

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Credit Ratings, Litigation & Regulatory Alerts for Nitin Spinners Limited

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MSME Payment Delays by Nitin Spinners Limited

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Subsidiaries & Group Companies of Nitin Spinners Limited

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MCA Filings & Documents of Nitin Spinners Limited

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MCA filings and documents for Nitin Spinners Limited

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Recent Activity on Nitin Spinners Limited

Charges
20 Apr 2026
A charge with Others amounted to Rs. 170.00 Cr with Charge ID 101287643 was registered on 20 Apr 2026.
Charges
09 Jan 2026
A charge with Others of Rs. 815.00 Cr registered on 11 Jul 2025 with Charge ID 101125622 was modified on 09 Jan 2026.
Charges
09 Jan 2026
A charge with Others of Rs. 655.00 Cr registered on 11 May 2022 with Charge ID 100573224 was modified on 09 Jan 2026.
Charges
09 Jan 2026
A charge with Others of Rs. 475.00 Cr registered on 16 Aug 2018 with Charge ID 100197812 was modified on 09 Jan 2026.
Charges
09 Jan 2026
A charge with Others of Rs. 816.70 Cr registered on 26 Nov 2014 with Charge ID 10536921 was modified on 09 Jan 2026.
Activity
06 Sep 2025
Nitin Spinners Limited last Annual general meeting of members was held on 06 Sep 2025 as per latest MCA records.

Recent News on Nitin Spinners Limited

Frequently Asked Questions about Nitin Spinners Limited

Nitin Spinners Limited is an active public limited company in the manufacturing sector based in Bhilwara, Rajasthan, India. It was incorporated on 15 October 1992 (34+ years old) and is registered under CIN L17111RJ1992PLC006987. Listed on BSE: 532698 and NSE: NITINSPIN. The company has 4,123 employees.

Nitin Spinners Limited reported revenue of ₹3,213.87 Cr for FY 2025-26 (down 2.78% YoY) based on standalone financials.

The current directors of Nitin Spinners Limited are:

The primary industry of Nitin Spinners Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.

Yes. Nitin Spinners Limited is listed on both BSE (code: 532698) and NSE (symbol: NITINSPIN).

Nitin Spinners Limited can be reached at the registered office: 16 – 17 K.M.Stone Chittor Road Hamirgarh, Bhilwara, Rajasthan, India – 311001, or through the website nitinspinners.com.

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