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NITIN SPINNERS
Intrinsic Value | Fundamental Analysis

BOM : 532698     NSE : NITINSPIN    
LT :  
    Long Term Analysis
Fundamentals : Good
Valuation : Bad [Stock is Expensive]
Debt : High
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Upward
Price Momentum : Mild Upward
Pledged Shares : None or < 25%
Jun 14,2024
Price(EOD): ₹ 345.95
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Textile - Spinning
MCap: ₹ 1,944.24 Cr
Value of ₹ 1 Lac invested in NITIN SPINNERS
on Jun 18,2019 (price: ₹ 71.40)

₹ 1 L

₹ 4.85 L

1W : 4.9% 1M : 1.6% 1Y : 29.2%
COMMUNITY POLL
for NITIN SPINNERS
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NITIN SPINNERS is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Best Quarterly Growth Small Cap Stocks
Industry Peers & Returns1W1M1Y
NITIN SPINNERS 4.9% 1.6% 29.2%
TRIDENT 3.1% -2.9% 17.6%
FILATEX INDIA 1.3% -2.5% 34.9%
NAHAR SPINNING MILLS 3.1% -0.3% 0.2%
SUTLEJ TEXTILES AND INDUSTRIES 9.2% 6.2% 18.9%
AMBIKA COTTON MILLS 2% 4.9% 6.4%
RAJAPALAYAM MILLS -1% -4% 30.1%
NAHAR INDUSTRIAL ENTERPRISES 1.8% 5.2% 13.1%
SUPER SALES INDIA 5.4% -17.4% 101.4%

FUNDAMENTAL ANALYSIS OF NITIN SPINNERS

 
Fundamentals Score
[ Q(TTM): Mar2024, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]

Insights 💡 NITINSPIN is one of the top 35% companies with good fundamentals ! Discover More →

VALUATION OF NITIN SPINNERS

 
Valuation Score
[As on : Jun 14,2024 ]

Ratio Standalone
P/E
P/B
P/S
14.79
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 131.52 Cr
[Latest Qtr - Mar2024 - Standalone Results ]

1.7
P/B Calculated based on Book Value of Rs 1,146.33 Cr
[Latest Year - Mar2024 - Standalone Results ]

0.67
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 0.00 Cr
[Latest Qtr - Mar2024 - Standalone Results ]

Financial Ratios →

Insights 💡 There are potential 10% undervalued companies ! Discover More →

FAIR VALUE OF NITIN SPINNERS

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
150%
23%
67%

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SHARE PRICE MOMENTUM OF NITIN SPINNERS



NITIN SPINNERS vs SENSEX


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DEBT OF NITIN SPINNERS

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0.95
0.79
1.71
1.15
-
-
-
-
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF NITIN SPINNERS

Pledged Promoter Shares
0 %
As on : Dec2023

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF NITIN SPINNERS

Standalone Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
6.7%
13.15%
22.5%
23.4%
22.28%
63.81%
29.54%
1.65%
QtrlyTrend
8
Latest Qtr: Mar2024
Quarterly Result Analysis →


NITIN SPINNERS related INDICES

BSE Indices1W1M1Y
S&P BSE SMALL CAP 5% 10.1% 63.5%
S&P BSE MIDSMALLCAP 4.6% 9.7% 65.2%
S&P BSE CONSUMER DISC. 3.8% 10.7% 58%
S&P BSE ALLCAP 2.6% 6.8% 41.1%
No NSE index found

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FAQ about NITIN SPINNERS


Is NITIN SPINNERS good for long term investment?

As on Jun 14,2024, the Fundamentals of NITIN SPINNERS look Strong and hence it may be good for long term investment! See Financial Performance of NITIN SPINNERS . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is NITIN SPINNERS UnderValued or OverValued?

As on Jun 14,2024, NITIN SPINNERS is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of NITIN SPINNERS ?

As on Jun 14,2024, the Intrinsic Value of NITIN SPINNERS is Rs. 207.50 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 138.61
Fair Value [Median EV / Sales Model] : Rs. 281.69
Fair Value [Median Price / Sales Model] : Rs. 207.50
Estimated Median Fair Value of NITIN SPINNERS : Rs. 207.50

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is NITIN SPINNERS trading at a Premium or Discount?

As on Jun 14,2024, NITIN SPINNERS is trading at a Premium of 67% based on the estimates of Median Intrinsic Value!