Investor MeetAnalysts/Institutional Investor Meet/Con. Call Updates
Nitin Spinners reported its highest-ever quarterly revenue of INR875 Cr in Q1 FY27, a 10.3% YoY jump.
Nitin Spinners LimitedNITINSPIN · Filed with the exchange
PAT surged 83.6% YoY to INR75.3 Cr, with EBITDA margins expanding significantly to 17.78%. This robust performance stems from improved yarn realizations, strong demand (domestic & exports, including from China), and cost-saving initiatives like solar power.
Management is confident margins will stay in the 16-20% range.
New fabric and spinning capacities are on track, boosting future revenue and value-added product mix.
The textile sector outlook remains positive, supported by FTAs.
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