Financials Nitin Spinners Limited

Equities

NITINSPIN

INE229H01012

Textiles & Leather Goods

Market Closed - NSE India S.E. 12:43:55 26/06/2024 BST 5-day change 1st Jan Change
358.1 INR +2.87% Intraday chart for Nitin Spinners Limited +2.73% +10.78%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,155 1,577 4,540 12,728 12,664 20,132 - -
Enterprise Value (EV) 1 5,155 1,577 4,540 12,728 12,664 18,263 20,132 20,132
P/E ratio 8.02 x 6.62 x 6.59 x 3.9 x 7.68 x 13.9 x 10.3 x 8.1 x
Yield - - - 1.77% 1.11% 0.95% 1.45% 1.84%
Capitalization / Revenue 0.41 x 0.11 x 0.28 x 0.47 x 0.53 x 0.63 x 0.61 x 0.59 x
EV / Revenue 0.41 x 0.11 x 0.28 x 0.47 x 0.53 x 0.63 x 0.61 x 0.59 x
EV / EBITDA 2.9 x 0.93 x 1.76 x 1.95 x 4.26 x 4.84 x 4.08 x 3.72 x
EV / FCF -1.36 x -0.26 x 3.18 x 3.76 x -5.24 x -5.74 x 7.85 x 6.37 x
FCF Yield -73.7% -380% 31.5% 26.6% -19.1% -17.4% 12.7% 15.7%
Price to Book - 0.32 x 0.81 x 1.45 x 1.23 x 1.75 x 1.54 x 1.32 x
Nbr of stocks (in thousands) 56,220 56,220 56,220 56,220 56,220 56,220 - -
Reference price 2 91.70 28.05 80.75 226.4 225.2 358.1 358.1 358.1
Announcement Date 25/05/19 19/06/20 08/05/21 12/05/22 06/05/23 09/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 12,425 14,381 16,244 26,923 24,067 29,056 33,262 34,340
EBITDA 1 1,781 1,698 2,573 6,516 2,971 3,773 4,940 5,409
EBIT 1 1,234 890.7 1,662 5,642 2,102 2,608 3,533 4,038
Operating Margin 9.93% 6.19% 10.23% 20.96% 8.74% 8.98% 10.62% 11.76%
Earnings before Tax (EBT) 1 973 356.4 1,065 5,062 1,759 1,775 2,622 3,335
Net income 1 641.1 238.2 688.7 3,261 1,648 1,315 1,956 2,488
Net margin 5.16% 1.66% 4.24% 12.11% 6.85% 4.53% 5.88% 7.25%
EPS 2 11.43 4.240 12.25 58.01 29.32 23.39 34.80 44.20
Free Cash Flow 1 -3,800 -5,988 1,430 3,390 -2,415 -3,508 2,564 3,159
FCF margin -30.58% -41.64% 8.8% 12.59% -10.03% -11.92% 7.71% 9.2%
FCF Conversion (EBITDA) - - 55.58% 52.02% - - 51.9% 58.4%
FCF Conversion (Net income) - - 207.6% 103.93% - - 131.08% 126.97%
Dividend per Share 2 - - - 4.000 2.500 3.400 5.200 6.600
Announcement Date 25/05/19 19/06/20 08/05/21 12/05/22 06/05/23 09/05/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2024 Q1
Net sales 1 8,017
EBITDA 1 955
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 343
Net margin 4.28%
EPS -
Dividend per Share -
Announcement Date -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 -3,800 -5,988 1,430 3,390 -2,415 -3,508 2,564 3,159
ROE (net income / shareholders' equity) 14.3% 4.88% 13% 45.3% 17.3% 12.9% 15.9% 17.5%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 - 87.90 100.0 156.0 183.0 205.0 233.0 271.0
Cash Flow per Share - - - - - - - -
Capex 1 4,837 6,969 124 925 4,353 5,650 300 400
Capex / Sales 38.93% 48.46% 0.76% 3.43% 18.09% 19.21% 0.9% 1.16%
Announcement Date 25/05/19 19/06/20 08/05/21 12/05/22 06/05/23 09/05/24 - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
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Annual profits - Rate of surprise

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