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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Nitin Spinners Limited is an India-based company, which is engaged in the business of textiles. The Company is a manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics. Its range of yarns includes cotton ring spun carded yarns from Ne 12 to Ne 50, cotton…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, priced for perfection.
Nitin Spinners is scored on the general / industrial framework. It keeps a slim 5.5% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.31× reported profit. Free cash flow is worth about 3.4% of its market value.
Over the last 3 years revenue compounded at 10%/yr and profit at 3%/yr. Book value has grown 13%/yr. Return on equity is a healthy 12.1%. In the latest quarter profit grew 18% versus the prior quarter.
At 21× earnings, the stock sits at the 100th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price asks for only ~4%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 13.83 | — | — |
| P/B | 2.27 | 2.89 | better |
| EV/EBITDA | 9.49 | — | — |
| ROE | 12.07 | 9.49 | better |
| ROCE | 11.85 | 11.48 | better |
| ROA | 9.12 | — | — |
| Quick Ratio | 0.72 | 1.29 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Grasim Industries | 19.5 | 2.1 | 4.8% |
| Welspun India | 51.6 | 4.5 | 8.6% |
| Vardhman Textiles | 14.3 | 1.3 | 7.1% |
Revenue is on a 2-year growth streak. 10% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (10% vs 3%) — costs are rising faster than the top line.
Operating margins have been stable around 7% — no major structural shift.
ROE at 12% — a respectable return on shareholder capital. Low variance across years — a predictable business that earns steadily on its equity base.
3% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.3× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 12% sequentially — momentum is building. Run-rate stepping up — recent quarters average 12% above earlier ones.
Profit jumped 18% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (6% → 9%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 56.7% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.