Nitin Spinners Ltd.

NSE: NITINSPIN | BSE: 532698 | ISIN: INE229H01012 | Industry: Textiles
| Strong Performer, Under Radar
362.0500 -7.45 (-2.02%)
NSE May 06, 2025 15:40 PM
Volume: 79,471
 

362.05
-2.02%

Nitin Spinners

East India Securities Ltd
Revenue: Nitin Spinner sales increased 48.4% YoY Rs 2.8 bn. The utilisation levels continue to remain high at 94-95% in yarns and 85% in fabrics. Sales growth would have been much higher if the business sentiments would not have been impacted due to GST. EBITDA: Raw material cost increased at a much higher rate due to increase in the cotton prices on an YoY basis, manufacturing and employee cost increased 42% and 28% YoY. EBITDA stood at Rs 413 mn with an increase of 33.7% on YoY basis. PAT: Depreciation cost increased due to impact of full commissioning of new plant capacity. Tax rate...
Nitin Spinners Ltd. is trading below its 100 day SMA of 380.4
More from Nitin Spinners Ltd.
Recommended