Nitin Spinners Ltd Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book

Published 25 Aug 2026 | Textiles & Apparels | Market Cap: ₹3.3K Cr

Nitin Spinners has consistently grown at a CAGR of ~15% over any 3-5 year period and aims to maintain it. The company expects stronger performance in FY27 compared to FY26, aided by new capacities coming online in the second half of the year.

From Nitin Spinners Ltd's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Price

611

Market Cap

₹3.3K Cr

P/E Ratio

18.3

Revenue Rank

Rank 3

Margin Rank

Rank 3

How does Nitin Spinners Ltd rank in Textiles & Apparels?

Compare Nitin Spinners Ltd against every Textiles & Apparels company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 3Margin: Rank 3
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Nitin Spinners Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹860 Cr, net profit ₹57 Cr.

Full financials →

📊 Revenue & Sales Performance

Rank 3
  • Nitin Spinners has consistently grown at a CAGR of ~15% over any 3-5 year period and aims to maintain it.
  • New fabric capacity is expected to increase revenues by around INR 500 crores, with ramp-up mostly completed by FY28.
  • Revenue from fabric to rise from around INR 700 crores to INR 1,200 crores by FY28.
  • Capacity expansions will be focused on spinning, fabric, and possibly garmenting/home textiles beyond FY28.
  • The integrated fabric share in total revenue expected to increase from 20-21% to about 30%, adding 100-150 bps to margins.
  • Growth will depend on market conditions, capitalizing on FTAs, and expansion into value-added and downstream segments like garments.
  • No immediate capex beyond FY28; new growth plans are being evaluated carefully.
  • Domestic and international demand outlook is positive with opportunities ahead, especially from garmenting and finished products sectors.

📈 Profitability & Margins

Rank 3
  • The company expects stronger performance in FY27 compared to FY26, aided by new capacities coming online in the second half of the year.
  • EBITDA margins are projected to sustain within the guided range of 16%-20%, supported by power savings and increased share of value-added fabric products.
  • New fabric capacity ramp-up is expected by Q1 or Q2 of FY27, with full utilization by March-end.
  • Incremental margin improvement of about 100-150 bps expected due to increased fabric share (from ~20% to 30% of revenue).
  • The company targets continued revenue growth at a CAGR of ~15% over 3-5 years.
  • Profit after tax for Q1 FY27 grew 83.63% YoY, with EPS at INR13.39 and cash EPS at INR20.08, indicating strong earnings momentum.
  • No buyback planned currently as capital is being deployed for growth.
  • Growth beyond FY28 will be assessed after current capex is fully utilized; potential expansion into garmenting is under evaluation but not finalized.

🏗️ Capital Expenditure Plans

Yes
  • New capacity capex of around INR1,100 crores is underway, expected to complete by FY28.
  • Weaving capacity to start in a couple of months; processing capacity by around Diwali; spinning capacity ramp-up ongoing.
  • New fabric capacity expected to contribute incremental revenues of about INR500 crores by FY28.
  • No new capex planned for FY28 beyond ongoing projects.
  • Expansion includes about 22,000 metric tons of additional yarn capacity, with 60%+ planned for internal fabric consumption.
  • Renewable power expansion on track to be operational by end of Q3 FY27, aiming to reduce blended power costs.
  • Future growth avenues under evaluation include potential garmenting segment entry, but no firm plans yet; focus remains on capitalizing existing capacities.
  • Management assessing market opportunities post-FY28 for further expansions, emphasizing steady 15% CAGR growth.

💰 Fundraising & Capital Structure

No
  • No new fundraising through debt or equity is planned at the moment.
  • The company is currently in a growth phase, deploying capital primarily for growth initiatives.
  • Capital is being deployed through internal accruals and some loans already taken.
  • Management does not consider it prudent to go for a buyback or raise new equity/debt at this stage.
  • All announced capital expenditure is planned to be completed by FY28, with no new capex planned for FY28.
  • Any new capex or fundraising will be considered only after FY28, based on firm plans and market conditions.

📋 Order Book & Pipeline

No information
The transcript provided does not explicitly mention the current or expected order book or pending orders for Nitin Spinners Limited. However, based on the discussion: - The company is witnessing a positive market environment with sustained demand. - New capacities for spinning, weaving, and fabric processing are expected to be operational within the next few months, aiding order fulfillment. - Management indicates a cautious but optimistic approach to capacity ramp-up and market expansion. - They expect to maintain margins in the 16%-20% range, supported by product mix improvement and cost savings. - There is no direct disclosure of specific order book or pending orders data in the available transcript.

Key Metrics

Revenue

Rank 3

Margin

Rank 3

Capex

Yes

Fundraise

No

Order Book

No information

Frequently Asked Questions

What were Nitin Spinners Ltd Q1 FY27 results?

Nitin Spinners has consistently grown at a CAGR of ~15% over any 3-5 year period and aims to maintain it. The company expects stronger performance in FY27 compared to FY26, aided by new capacities coming online in the second half of the year.

What is Nitin Spinners Ltd share price analysis?

Nitin Spinners Ltd currently shows a below-average growth signal. The stock trades at a P/E of 18.3 with a market cap of ₹3,253 Cr. Investors should review the full earnings analysis for detailed insights.

Is Nitin Spinners Ltd planning capital expenditure?

New capacity capex of around INR1,100 crores is underway, expected to complete by FY28.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

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