Nitin Spinners Ltd
Nitin Spinners Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Capacity expansion underway: spinning capacity to increase by ~25%, fabric division capacity to more than double, driving future growth. The company plans to increase revenues through a capex of about INR 1,100 crores, expanding spinning capacity by ~25% and fabric capacity by over 50%, partially benefitting FY '27 and fully FY '28 onwards.
From Nitin Spinners Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Capacity expansion underway: spinning capacity to increase by ~25%, fabric division capacity to more than double, driving future growth.
- Incremental revenue from fabric expansion expected ~INR 1,000 crores annually once fully utilized (FY '28 onwards).
- FY '27 revenue expected to increase by ~INR 400 crores from partial capacity ramp-up.
- Current fabric revenues around INR 650-700 crores on 34-35 million meter capacity; post-expansion potential INR 1,300-1,400 crores annually.
- Yarn volume stable; slight decline due to order deferrals expected to be recovered in current quarters.
- Diversification into new geographies like UK, EU, Bangladesh, Turkey, and African markets planned to mitigate US tariff impact.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Nitin Spinners Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Nitin Spinners is undertaking a major capex of about INR 1,100 crores focused on:
- Doubling fabric division capacity (more than 50% increase).
- Increasing spinning segment capacity by around 25%.
- The new fabric capacity will add about INR 1,000 crores in annual revenue when fully utilized (expected by FY '28).
- Partial production from new capacity expected starting September of next financial year, with around INR 400 crores revenue expected in FY '27.
- The capex aims to move up the value chain for margin improvement, adding low weight products, industrial fabrics, technical products, and expanding product range for existing customers.
2 more points management made on capital expenditure plans
Top-ranked in Textiles & Apparels
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Nitin Spinners Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- There is no explicit mention of a current or expected order book or pending orders in the transcript.
- However, it is noted that some customers deferred deliveries due to prevailing uncertainty and tariff issues.
- The company expects these deferred orders to be fructified in the ongoing/current quarter.
- Demand recovery is anticipated in the second half of the financial year, supported by government duty relaxations and potential trade deals.
- The company remains focused on customer retention through sustained engagement and product mix optimization.
2 more points management made on order book & pipeline
Nitin Spinners Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹860 Cr, net profit ₹57 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Nitin Spinners's management said in earlier quarters
Others in Textiles & Apparels this season
- Lux Industries Ltd (Q2 FY26)
Q2 FY’26 Revenue from Operations: ₹779 crore, up 15% YoY from ₹677 crore in Q2 FY’25 (Page 39, 41) . Key concall takeaways from Lux Industries Ltd's Q2 FY26…
- K P R Mill Ltd (Q2 FY26)
Quarterly revenue from operations (Q2FY26): ₹1,632.03 Cr vs Q2FY25: ₹1,480.02 Cr, showing a YoY increase of ₹152.01 Cr. Key concall takeaways from K P R Mill…
- Trident Ltd (Q2 FY26)
Q2 FY26 Total Income (Consolidated): INR 18,032 million, up 4.58% YoY from INR 17,243 million in Q2 FY25 (Page 18). Key concall takeaways from Trident Ltd's Q2…
- Borana Weaves Ltd (Q2 FY26)
Quarterly Revenue (Q2 FY26):** ₹95.50 crore . Key concall takeaways from Borana Weaves Ltd's Q2 FY26 earnings call — and how it ranks against sector peers.
Frequently Asked Questions
What were Nitin Spinners Ltd Q2 FY26 results?
Capacity expansion underway: spinning capacity to increase by ~25%, fabric division capacity to more than double, driving future growth. The company plans to increase revenues through a capex of about INR 1,100 crores, expanding spinning capacity by ~25% and fabric capacity by over 50%, partially benefitting FY '27 and fully FY '28 onwards.
What is Nitin Spinners Ltd share price analysis?
Nitin Spinners Ltd currently shows a neutral. 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?
Nitin Spinners is undertaking a major capex of about INR 1,100 crores focused on: - Doubling fabric division capacity (more than 50% increase).
Keep Nitin Spinners Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.