Nitin Spinners Valuation Multiples

Nitin Spinners is valued at $367M as of October 2026, a 1.3x revenue multiple. In the last 12 months, Nitin Spinners revenue was $362M and Nitin Spinners EBITDA was $57M.

Nitin Spinners Overview

About Nitin Spinners

Nitin Spinners makes cotton and blended yarn, knitted and woven fabrics, with plants in Bhilwara, Rajasthan. Customers are textile and garment makers in India and abroad.


Founded

1992

HQ

India

Employees

6.7K

Sectors

Financials (LTM)

Revenue: $362M
EBITDA: $57M

EV

$486M

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Nitin Spinners Financials

Nitin Spinners reported last 12-month revenue of $362M and EBITDA of $57M.

In the same LTM period, Nitin Spinners generated $144M in gross profit, $57M in EBITDA, and $24M in net income.


Nitin Spinners P&L

In the most recent fiscal year, Nitin Spinners reported revenue of $337M and EBITDA of $47M.

Nitin Spinners is profitable as of last fiscal year, with gross margin of 24%, EBITDA margin of 14%, and net margin of 6%.

See analyst estimates for Nitin Spinners
LTMLast FY202320242025202620272028
Revenue$362M$337M$291M$336M$339M
Gross Profit$144M$81M$62M$79M$81M
Gross Margin40%24%21%23%24%
EBITDA$57M$47M$37M$47M$48M
EBITDA Margin16%14%13%14%14%
EBIT Margin11%9%8%9%9%
Net Profit$24M$19M$15M$17M$19M
Net Margin7%6%5%5%6%
Net Debt-$118M---

Financial data powered by Morningstar, Inc.

Nitin Spinners Stock Performance

Nitin Spinners has current market cap of $367M, and enterprise value of $486M.


Nitin Spinners' stock price is $6.54.

Nitin Spinners share price increased by 4.7% in the last 30 days, and by 74.8% in the last year.

Nitin Spinners has an EPS (earnings per share) of $0.33.

See more trading valuation data for Nitin Spinners
EVMarket CapPrice 1DPrice 1MPrice 3MPrice 12MEPS
$486M$367M-4.1%4.7%14.5%74.8%$0.33

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Nitin Spinners Valuation Multiples

Nitin Spinners trades at 1.3x EV/Revenue multiple, and 8.6x EV/EBITDA.

See NTM and 2027E valuation multiples for Nitin Spinners

Nitin Spinners Financial Valuation Multiples

As of October 22, 2026, Nitin Spinners has market cap of $367M and EV of $486M.

Nitin Spinners has a P/E ratio of 15.1x.

LTMLast FY202320242025202620272028
EV/Revenue1.3x1.4x1.7x1.4x1.4x
EV/EBITDA8.6x10.3x13.0x10.4x10.2x
EV/EBIT11.9x16.3x20.6x16.2x16.0x
EV/Gross Profit3.4x6.0x7.8x6.2x6.0x
P/E15.1x19.6x24.9x21.1x19.6x
EV/FCF(14.4x)95.6x(7.4x)(122.0x)54.2x

Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.

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Nitin Spinners Margins & Growth Rates

Nitin Spinners grew revenue by 12% and EBITDA by 34% in the last fiscal year.

In the most recent fiscal year, Nitin Spinners reported gross margin of 24%, EBITDA margin of 14%, and net margin of 6%.

See estimated margins and future growth rates for Nitin Spinners

Nitin Spinners Margins

Last FY202420252026202720282029
Gross Margin24%23%24%38%
EBITDA Margin14%14%14%16%
EBIT Margin9%9%9%12%
Net Margin6%5%6%7%
FCF Margin2%(1%)3%(13%)

Nitin Spinners Growth Rates

FY+1/FY23/2424/2525/2626/2727/2828/29
Revenue Growth12%15%1%8%
Gross Profit Growth95%27%3%70%
EBITDA Growth34%25%2%25%
EBIT Growth59%28%1%42%
Net Profit Growth53%18%8%40%
FCF Growth(1359%)(94%)(325%)(621%)

Data powered by FactSet, Inc. and Morningstar, Inc.

Nitin Spinners Operational KPIs

Nitin Spinners' revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.

Nitin Spinners' Rule of 40 is 25% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).

Nitin Spinners' Rule of X is 37% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).

Access forward-looking KPIs for Nitin Spinners
LTMLast FY202320242025202620272028
Rule of 4030%25%---
Bessemer Rule of X51%37%---
Revenue per Employee-$0.1M---
Opex per Employee-$0.0M---
S&M Expenses to Revenue-3%3%3%3%
G&A Expenses to Revenue-0%0%0%0%
Opex to Revenue-15%13%14%15%

Data powered by FactSet, Inc. and Morningstar, Inc.

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Nitin Spinners Competitors

Nitin Spinners competitors include GHCL, Raymond Lifestyle, Lux Industries, Jindal Worldwide, Mayur Uniquoters, Responsive Indus, Jaykay Enterprises, AdvanSix, SBC Exports and Sangam (India).

Most Nitin Spinners public comparables operate across Textiles.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
GHCL$323M$78M0.8x0.8x3.4x3.6x
Raymond Lifestyle$721M$65M0.7x0.7x7.6x6.6x
Lux Industries$308M$20M1.3x1.2x19.5x16.9x
Jindal Worldwide$240M$15M1.8x-27.2x-
Mayur Uniquoters$101M$30M2.9x2.8x10.1x11.0x
Responsive Indus$147M$26M2.9x-16.8x-
Jaykay Enterprises$25M$24M12.8x-13.3x-
AdvanSix$1.5B$143M0.5x0.5x5.8x7.6x

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About Nitin Spinners

When was Nitin Spinners founded?Nitin Spinners was founded in 1992.
Where is Nitin Spinners headquartered?Nitin Spinners is headquartered in India.
How many employees does Nitin Spinners have?As of today, Nitin Spinners has over 6K employees.
Is Nitin Spinners publicly listed?Yes, Nitin Spinners is a public company listed on Bombay Stock Exchange.
What is the stock symbol of Nitin Spinners?Nitin Spinners trades under 532698 ticker.
When did Nitin Spinners go public?Nitin Spinners went public in 2006.
Who are competitors of Nitin Spinners?Nitin Spinners main competitors include GHCL, Raymond Lifestyle, Lux Industries, Jindal Worldwide, Mayur Uniquoters, Responsive Indus, Jaykay Enterprises, AdvanSix, SBC Exports, Sangam (India).
What is the current market cap of Nitin Spinners?Nitin Spinners' current market cap is $367M.
What is the current revenue of Nitin Spinners?Nitin Spinners' last 12 months revenue is $362M.
What is the current revenue growth of Nitin Spinners?Nitin Spinners revenue growth (NTM/LTM) is 14%.
What is the current EV/Revenue multiple of Nitin Spinners?Current revenue multiple of Nitin Spinners is 1.3x.
What is the current EBITDA of Nitin Spinners?Nitin Spinners' last 12 months EBITDA is $57M.
What is Nitin Spinners' EBITDA margin?Nitin Spinners' last 12 months EBITDA margin is 16%.
What is the current EV/EBITDA multiple of Nitin Spinners?Current EBITDA multiple of Nitin Spinners is 8.6x.
What is the current FCF of Nitin Spinners?Nitin Spinners' last 12 months FCF is ($34M).
What is Nitin Spinners' FCF margin?Nitin Spinners' last 12 months FCF margin is (9%).
What is the current EV/FCF multiple of Nitin Spinners?Current FCF multiple of Nitin Spinners is (14.4x).
How many companies Nitin Spinners has acquired to date?Nitin Spinners hasn't acquired any companies yet (or none have been disclosed publicly).
In how many companies Nitin Spinners has invested to date?Nitin Spinners hasn't invested in any companies yet (or none have been disclosed publicly).

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