| Revenue growth | Q2 +29.6%; H1 +19.8% YoY |
|---|---|
| Margins | Q2 EBITDA margin 17.81%, up 471 bps YoY |
| Demand visibility | Exports up on better demand; FTA benefits expected |
| Management confidence | Management says well positioned to sustain momentum |
Growth
Q2 revenue +29.6%, EBITDA +76.3%, PAT +154.9% YoY; H1 PAT +116.4%. Exports were 68% of Q2 revenue.
Outlook
Fabric expansion full commissioning expected by Dec 2026. Woven fabric capacity to rise from 36 to 71 Mn mtr; fabric ~30% of revenue by FY28.
Risks
H1 operating cash flow fell to Rs209.3 Cr from Rs380.3 Cr. Borrowings rose about Rs655 Cr since Mar-26 to fund capex.
Last quarter's promises, checked
Delivered
- EBITDA 16-20% band, 17-18% expected to hold → Q2 EBITDA 17.81% (= BEAT)
- FY27 stronger than FY26 → H1 revenue +19.8% YoY (= BEAT)
- Weaving start in ~2 months → trial 4.1 Mn mtr in Q2 (= BEAT)
Partly delivered
- Woven capacity 36→71 Mn mtr, full commissioning Dec-26 → trial output only, Dec-26 reaffirmed (= PARTIAL, in progress)
- Fabric 20-21% of revenue → ~30% by FY28 → Q2 fabric Rs208.8 Cr (+27% YoY), mix shift not yet shown (= PARTIAL)
Investor Presentation filed with BSE, NSE: NITINSPIN. Summary written with AI assistance from the document.
Nitin Spinners Ltd: key numbers
- Share price
- ₹651.20
- Market cap
- ₹3,661 Cr
- Revenue (annual)
- ₹3,214 Cr
- Net profit (annual)
- ₹177.6 Cr
- P/E (TTM)
- 17.3×Sector 50.0×
- Promoter holding
- 56.71%+0.00% QoQ
- FII holding
- 1.95%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Nitin Spinners Ltd
All →Nitin Spinners Q2 FY27 Results: Net Profit ₹88.7 Cr, Up 154.9% YoY
Nitin Spinners filed unaudited standalone results for the quarter and half year ended 30 September 2026, approved on 31 October 2026. Auditors gave a limited review.
- Key figure
- Net profit ₹88.7 Cr · +154.9% YoY
Nitin Spinners Board Meeting Date
Nitin Spinners intimates that its Board will meet on 31 Oct 2026. The meeting aims to approve Q1 and H1 2026-27 unaudited results.
Nitin Spinners Other Announcement
Nitin Spinners Ltd has filed its quarterly shareholding pattern statement for the period ended 30 September 2026, in compliance with SEBI Listing Regulations.
Nitin Spinners Annual General Meeting
Nitin Spinners Ltd held its 34th Annual General Meeting on September 21, 2026. Shareholders transacted ordinary and special business, including dividend approval and director re-appointments.
Nitin Spinners Other Announcement
Nitin Spinners Ltd disclosed an ESG rating of 50 ('Adequate') from ESG Risk Assessments and Insights. This is a routine ESG score disclosure with no financial impact.
Nitin Spinners Other Announcement
Nitin Spinners Ltd. has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, pursuant to SEBI regulations.