Nifty

:

10853.55

Sensex

:

36565.56

35.95 (0.33%)
84.47 (0.23%)

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Nifty
Sensex

:
:

10853.55
36565.56

35.95 (0.33%)
84.47 (0.23%)

Nitin Spinners Ltd.

Textile - Spinning

Rating :

47/99

BSE: 532698 | NSE: NITINSPIN

Watchlist

NSE BSE

52.30

17-Sep-2019

Open
High
Low
Previous Close

52.60
53.80
52.00
52.60

Volume
Traded Value (lacs)
52 Week High
52 Week Low

13489
7.15
99.40
46.00

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

301.90
5.08
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

1,159.35
2.33%
0.61

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales

Revenue CAGR (%)

10 Years
5 Years
3 Years

15.20
15.05
10.01

EBITDA CAGR (%)

10 Years
5 Years
3 Years

17.93
12.42
5.94

PAT CAGR (%)

10 Years
5 Years
3 Years

57.79
9.37
3.78

P:E (Median)

8 Years
5 Years
3 Years

6.24
7.53
8.48

P:BV (Average)

8 Years
5 Years
3 Years

1.04
1.39
1.42

EV:EBITDA (Average)

8 Years
5 Years
3 Years

4.97
5.66
6.27

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Jun 19 Jun 18 Var% Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var%
Net Sales 283.13 300.07 -5.65% 313.25 286.45 9.36% 317.90 287.11 10.72% 311.30 284.45 9.44%
Expenses 245.09 256.02 -4.27% 266.47 244.49 8.99% 275.32 248.96 10.59% 266.63 250.96 6.24%
EBITDA 38.04 44.05 -13.64% 46.78 41.96 11.49% 42.58 38.14 11.64% 44.67 33.49 33.38%
EBIDTM 13.43% 14.68% 14.93% 14.65% 13.39% 13.29% 14.35% 11.77%
Other Income 0.47 0.66 -28.79% 0.89 0.45 97.78% 0.59 0.83 -28.92% 0.64 0.79 -18.99%
Interest 8.38 7.21 16.23% 8.04 6.99 15.02% 6.96 7.07 -1.56% 6.69 7.40 -9.59%
Depreciation 13.65 13.61 0.29% 13.50 13.56 -0.44% 13.78 14.25 -3.30% 13.74 14.24 -3.51%
PBT 16.48 23.88 -30.99% 26.12 21.86 19.49% 22.43 17.65 27.08% 24.87 12.63 96.91%
Tax 5.71 8.46 -32.51% 8.25 7.27 13.48% 8.04 0.89 803.37% 8.45 4.33 95.15%
PAT 10.76 15.43 -30.27% 17.87 14.59 22.48% 14.39 16.76 -14.14% 16.42 8.31 97.59%
PATM 3.80% 5.14% 5.70% 5.09% 4.53% 5.84% 5.27% 2.92%
EPS 1.91 2.74 -30.29% 3.18 2.63 20.91% 2.56 3.04 -15.79% 2.92 1.81 61.33%

Description Mar 19 Mar 18 Var% Dec 18 Dec 17 Var% Sep 18 Sep 17 Var% Jun 18 Jun 17 Var%
Net Sales 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBITDA 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBIDTM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PBT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PATM 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Annual Results

Standalone Figures in Rs. Crores

Right to Left

Description TTM Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Net Sales 1,225.58 1,242.51 1,145.24 933.38 766.87 616.47 488.34 446.05 428.30 410.91 301.95 Net Sales Growth 5.83% 8.49% 22.70% 21.71% 24.40% 26.24% 9.48% 4.14% 4.23% 36.09% Cost Of Goods Sold 774.09 781.49 727.57 589.02 463.23 383.69 297.86 264.00 296.73 252.15 193.80 Gross Profit 451.49 461.02 417.68 344.36 303.64 232.79 190.48 182.05 131.57 158.76 108.16 GP Margin 36.84% 37.10% 36.47% 36.89% 39.59% 37.76% 39.01% 40.81% 30.72% 38.64% 35.82% Total Expenditure 1,053.51 1,064.44 990.33 799.92 629.83 517.29 394.40 358.84 383.26 335.10 267.72 Power & Fuel Cost - 133.15 125.51 92.11 65.05 51.30 34.96 38.53 38.57 35.14 31.39 % Of Sales - 10.72% 10.96% 9.87% 8.48% 8.32% 7.16% 8.64% 9.01% 8.55% 10.40% Employee Cost - 68.00 60.65 51.85 43.14 34.28 22.38 18.78 15.90 14.26 12.65 % Of Sales - 5.47% 5.30% 5.56% 5.63% 5.56% 4.58% 4.21% 3.71% 3.47% 4.19% Manufacturing Exp. - 41.55 39.79 34.17 30.75 25.11 20.26 18.26 15.59 16.08 16.55 % Of Sales - 3.34% 3.47% 3.66% 4.01% 4.07% 4.15% 4.09% 3.64% 3.91% 5.48% General & Admin Exp. - 2.06 1.90 1.84 2.60 2.11 3.85 2.71 2.08 1.82 1.74 % Of Sales - 0.17% 0.17% 0.20% 0.34% 0.34% 0.79% 0.61% 0.49% 0.44% 0.58% Selling & Distn. Exp. - 37.14 34.52 30.53 24.90 19.67 14.88 15.74 14.23 15.46 11.47 % Of Sales - 2.99% 3.01% 3.27% 3.25% 3.19% 3.05% 3.53% 3.32% 3.76% 3.80% Miscellaneous Exp. - 1.06 0.38 0.42 0.15 1.13 0.21 0.80 0.15 0.20 11.47 % Of Sales - 0.09% 0.03% 0.04% 0.02% 0.18% 0.04% 0.18% 0.04% 0.05% 0.04% EBITDA 172.07 178.07 154.91 133.46 137.04 99.18 93.94 87.21 45.04 75.81 34.23 EBITDA Margin 14.04% 14.33% 13.53% 14.30% 17.87% 16.09% 19.24% 19.55% 10.52% 18.45% 11.34% Other Income 2.59 2.77 2.26 0.79 0.72 5.13 0.35 0.30 0.13 0.24 0.57 Interest 30.07 28.90 29.55 22.27 33.01 22.62 17.46 27.31 20.90 21.04 15.16 Depreciation 54.67 54.64 56.19 41.66 39.56 27.94 24.87 24.50 23.98 24.02 18.65 PBT 89.90 97.30 71.44 70.32 65.19 53.75 51.95 35.71 0.30 30.98 1.00 Tax 30.45 33.19 19.05 12.97 21.03 12.79 17.17 6.84 0.00 2.93 0.32 Tax Rate 33.87% 34.11% 26.67% 18.44% 32.26% 23.80% 33.05% 32.62% 0.00% 30.30% 32.00% PAT 59.44 64.11 52.39 57.35 44.16 40.96 34.78 14.14 0.30 6.74 0.67 PAT before Minority Interest 59.44 64.11 52.39 57.35 44.16 40.96 34.78 14.14 0.30 6.74 0.67 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 4.85% 5.16% 4.57% 6.14% 5.76% 6.64% 7.12% 3.17% 0.07% 1.64% 0.22% PAT Growth 7.90% 22.37% -8.65% 29.87% 7.81% 17.77% 145.97% 4,613.33% -95.55% 905.97% Unadjusted EPS 10.57 11.43 10.56 12.51 9.64 8.94 7.59 3.08 0.07 1.47 0.15

Results Balance Sheet

Standalone Figures in Rs. Crores

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Shareholder's Funds 482.53 416.83 264.29 205.65 167.00 131.56 100.80 86.66 86.36 79.62 Share Capital 56.22 55.55 45.83 45.83 45.83 45.83 45.83 45.83 45.83 45.83 Total Reserves 426.31 361.28 218.45 159.81 121.16 85.72 54.96 40.83 40.52 33.78 Non-Current Liabilities 660.26 336.26 410.84 289.54 332.43 154.21 170.37 184.53 209.07 305.33 Secured Loans 618.74 310.50 389.41 240.91 294.25 130.71 162.32 183.68 208.53 308.51 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 11.62 8.98 7.59 5.34 4.25 2.36 1.45 1.09 0.77 0.00 Current Liabilities 293.48 175.50 210.10 139.86 110.47 68.22 74.56 75.86 85.40 8.17 Trade Payables 35.44 25.57 18.20 13.09 9.37 10.70 5.40 4.06 3.38 2.74 Other Current Liabilities 68.70 60.75 78.57 62.90 41.71 38.93 51.29 30.90 27.47 4.35 Short Term Borrowings 185.43 87.52 112.21 57.72 53.34 13.42 16.86 40.12 53.91 0.00 Short Term Provisions 3.92 1.67 1.12 6.14 6.05 5.17 1.01 0.77 0.64 1.08 Total Liabilities 1,436.27 928.59 885.23 635.05 609.90 353.99 345.73 347.05 380.83 393.12 Net Block 523.56 569.80 613.49 382.07 416.74 191.21 212.99 228.09 249.28 295.08 Gross Block 674.57 666.50 654.36 625.29 621.13 378.71 377.17 375.43 372.65 375.10 Accumulated Depreciation 151.02 96.70 40.87 243.21 204.39 187.50 164.19 147.34 123.37 80.03 Non Current Assets 1,015.16 582.15 617.44 429.84 444.00 227.88 219.49 236.23 251.40 295.08 Capital Work in Progress 468.20 4.25 0.00 17.06 0.00 21.18 0.00 3.38 0.00 0.00 Non Current Investment 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Loans & Adv. 22.91 7.44 3.14 30.70 27.27 15.49 6.50 4.76 2.12 0.00 Other Non Current Assets 0.50 0.66 0.80 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 421.12 346.44 267.78 205.20 165.89 126.11 126.24 110.82 129.42 98.05 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 227.83 205.49 170.02 114.76 94.19 70.70 81.90 77.12 81.84 76.03 Sundry Debtors 120.73 88.10 48.33 39.25 40.42 24.89 28.04 18.50 35.34 9.40 Cash & Bank 3.03 0.30 1.27 0.57 0.68 0.06 0.28 0.08 0.14 0.10 Other Current Assets 69.54 36.71 41.54 31.67 30.60 30.45 16.03 15.11 12.10 12.52 Short Term Loans & Adv. 6.09 15.84 6.63 18.95 3.85 19.18 5.10 1.75 1.71 9.62 Net Current Assets 127.64 170.94 57.69 65.34 55.43 57.89 51.68 34.96 44.02 89.88 Total Assets 1,436.28 928.59 885.22 635.04 609.89 353.99 345.73 347.05 380.82 393.13

Cash Flow

Standalone Figures in Rs. Crores

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Cash From Operating Activity 103.73 66.29 53.56 100.40 44.51 86.62 88.90 64.18 45.39 0.56 PBT 97.30 71.44 70.32 65.19 53.75 51.95 35.71 0.30 9.67 1.00 Adjustment 83.87 86.35 63.60 72.53 51.41 42.42 52.48 44.88 66.45 33.25 Changes in Working Capital -58.55 -76.39 -64.86 -24.13 -49.51 3.48 4.49 19.00 -30.73 -33.69 Cash after chg. in Working capital 122.63 81.40 69.06 113.59 55.65 97.86 92.68 64.18 45.39 0.55 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -18.90 -15.11 -15.50 -13.20 -11.14 -11.23 -3.78 0.00 0.00 0.00 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -483.40 -20.14 -241.29 -35.78 -219.45 -38.85 -4.39 -8.28 0.20 -0.07 Net Fixed Assets -472.02 -16.39 -12.01 -21.22 -221.24 -22.72 1.64 -6.16 2.45 1.99 Net Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Others -11.38 -3.75 -229.28 -14.56 1.79 -16.13 -6.03 -2.12 -2.25 -2.06 Cash from Financing Activity 382.32 -47.18 188.38 -64.73 175.56 -47.98 -84.32 -55.95 -45.60 -0.91 Net Cash Inflow / Outflow 2.65 -1.02 0.65 -0.11 0.62 -0.21 0.19 -0.06 -0.01 -0.43 Opening Cash & Equivalents 0.10 1.12 0.48 0.68 0.06 0.28 0.08 0.14 0.15 0.53 Closing Cash & Equivalent 2.75 0.10 1.12 0.57 0.68 0.06 0.28 0.08 0.14 0.10

Financial Ratios

Standalone

Right to Left

Description Mar 19 Mar 18 Mar 17 Mar 16 Mar 15 Mar 14 Mar 13 Mar 12 Mar 11 Mar 10
Book Value (Rs.) 85.83 75.03 57.66 44.87 36.44 28.70 21.99 18.91 18.84 17.37 ROA 5.42% 5.78% 7.54% 7.09% 8.50% 9.94% 4.08% 0.08% 1.74% 0.17% ROE 14.26% 15.38% 24.41% 23.70% 27.44% 29.94% 15.08% 0.35% 8.12% 0.88% ROCE 11.43% 11.89% 13.32% 17.81% 17.91% 22.57% 15.02% 6.00% 8.10% 4.24% Fixed Asset Turnover 1.85 1.73 1.46 1.23 1.23 1.29 1.19 1.15 1.10 0.80 Receivable days 30.67 21.74 17.12 18.96 19.33 19.78 19.04 22.94 19.87 14.90 Inventory Days 63.65 59.84 55.68 49.73 48.80 57.03 65.06 67.73 70.11 70.72 Payable days 9.92 7.74 6.61 6.17 6.73 6.94 4.51 3.44 3.06 13.72 Cash Conversion Cycle 84.39 73.84 66.19 62.52 61.40 69.87 79.60 87.23 86.93 71.89 Total Debt/Equity 1.78 1.08 2.15 1.71 2.27 1.34 2.05 2.87 3.29 3.87 Interest Cover 4.37 3.42 4.16 2.98 3.38 3.98 1.77 1.01 1.46 1.07

Top Investors:

aditya birla sun life trustee private limited a/c aditya birla sun life small cap fund

l&t mutual fund trustee limited-l&t emerging businesses fund

idfc sterling value fund

Annual Reports:

News Update:

Nitin Spinners - Quarterly Results
10th Aug 2019, 14:15 PM

Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

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