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Nitin Spinners Limited

Nitin Spinners Limited was incorporated in 1992 and brings 3 decades of experience to its industry. Corporate ID: L17111RJ1992PLC006987, registered with number 6987. The company is classified as company limited by shares. The declared authorized capital is ₹60.00 crore. Its paid up capital is ₹56.22 crore.

The company specializes in spinning, weaving and finishing of textiles operations. This entity is registered in Jaipur, India. The company’s incorporation address is 16-17 K.m.stone, Chittor Road, Hamirgarh, Bhilwara, Rajasthan, India, 311001. Its current corporate status is active. Nitin Spinners Limited holds the LEI code 335800YE1INDT4ZCM355. You can reach the company via email at sudhirgarg@nitinspinners.com. Key executives of the company are: Purshottam Maheshwari (CFO).

Company Overview

CIN
L17111RJ1992PLC006987
Date of Incorporation
14/10/1992
Company Status
Active
RoC
Jaipur
Registration Number
006987
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
335800YE1INDT4ZCM355
LEI Status
Issued
Authorized Capital
₹60,00,00,000.00
Paid up Capital
₹56,22,00,000.00
Activity
Spinning, weaving and finishing of textiles.
E-mail
sudhirgarg@nitinspinners.com
PAN
-

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
IN8229H01011NITIN SPINNERS LIMITED EQ LISTING/TRADING APPROVAL AWAITED - 12/10/2026NITIN SPINNERS/SH VTGESVUFN
INE229H01012NITIN SPINNERS LIMITED EQ - 12/10/2026NITIN SPINNERS/SH VTGESVUFN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Net PPE₹1,59,151.09L₹1,58,357.77L₹1,71,068.46L₹1,35,030.55L₹0.00L
Net Debt₹1,12,154.89L₹1,15,763.58L₹1,33,904.24L₹97,966.23L₹0.00L
Gross PPE₹2,46,905.88L₹2,31,442.93L₹2,29,500.82L₹1,81,742.46L₹0.00L
Inventory₹60,765.21L₹60,737.98L₹56,397.16L₹49,204.24L₹0.00L
Total Debt₹1,12,449.87L₹1,16,471.18L₹1,33,910.87L₹97,973.21L₹0.00L
Common Stock₹5,622.00L₹5,622.00L₹5,622.00L₹5,622.00L₹0.00L
Current Debt₹57,928.44L₹52,801.51L₹52,847.74L₹41,858.70L₹0.00L
Share Issued₹562.20L₹562.20L₹562.20L₹562.20L₹0.00L
Total Assets₹2,91,460.79L₹2,73,231.97L₹2,71,665.26L₹2,21,798.39L₹0.00L
Capital Stock₹5,622.00L₹5,622.00L₹5,622.00L₹5,622.00L₹0.00L
Long Term Debt₹54,521.43L₹63,669.67L₹81,063.13L₹56,114.51L₹0.00L
Current Assets₹1,14,645.92L₹1,12,514.66L₹98,672.20L₹79,599.39L₹0.00L
Prepaid Assets₹2,744.97L₹672.62L₹1,276.98L₹661.01L₹0.00L
Working Capital₹39,620.91L₹46,853.07L₹34,473.65L₹26,581.53L₹0.00L
Invested Capital₹2,59,522.95L₹2,47,591.12L₹2,48,543.69L₹2,00,863.32L₹0.00L
Other Properties₹7,331.17L₹7,297.89L₹7,250.04L₹3,678.56L₹0.00L
Retained Earnings₹1,22,947.37L₹0.00L₹90,152.59L₹78,306.28L₹62,956.35L
Common Stock Equity₹1,47,073.08L₹1,31,119.94L₹1,14,632.82L₹1,02,890.11L₹0.00L
Net Tangible Assets₹1,47,049.71L₹1,31,081.12L₹1,14,566.70L₹1,02,784.72L₹0.00L
Tangible Book Value₹1,47,049.71L₹1,31,081.12L₹1,14,566.70L₹1,02,784.72L₹0.00L
Current Liabilities₹75,025.01L₹65,661.59L₹64,198.55L₹53,017.86L₹0.00L
Long Term Provisions₹734.89L₹771.51L₹633.16L₹504.45L₹0.00L
Stockholders Equity₹1,47,073.08L₹1,31,119.94L₹1,14,632.82L₹1,02,890.11L₹0.00L
Other Equity Interest₹1,41,451.08L₹1,25,497.94L₹1,09,010.82L₹97,268.11L₹0.00L
Total Capitalization₹2,01,594.51L₹1,94,789.61L₹1,95,695.95L₹1,59,004.62L₹0.00L
Hedging Assets Current₹0.00L₹0.00L₹0.00L₹113.20L₹192.51L
Ordinary Shares Number₹562.20L₹562.20L₹562.20L₹562.20L₹0.00L
Other Intangible Assets₹23.37L₹38.82L₹66.12L₹105.39L₹0.00L
Other Non Current Assets₹15,926.77L₹2,320.72L₹1,858.48L₹7,063.06L₹0.00L
Total Non Current Assets₹1,76,814.87L₹1,60,717.31L₹1,72,993.06L₹1,42,199.00L₹0.00L
Cash And Cash Equivalents₹294.98L₹707.60L₹6.63L₹6.98L₹0.00L
Construction In Progress₹10,243.61L₹663.97L₹243.64L₹34,026.49L₹0.00L
Accumulated Depreciation-₹87,754.79L₹0.00L-₹58,432.36L-₹46,711.91L-₹38,150.78L
Additional Paid In Capital₹13,877.12L₹13,877.12L₹13,877.12L₹13,877.12L₹0.00L
Other Short Term Investments₹595.20L₹523.65L₹51.01L₹171.85L₹0.00L
Machinery Furniture Equipment₹1,78,464.00L₹1,74,763.21L₹1,73,738.58L₹1,10,647.23L₹0.00L
Goodwill And Other Intangible Assets₹23.37L₹38.82L₹66.12L₹105.39L₹0.00L
Total Equity Gross Minority Interest₹1,47,073.08L₹1,31,119.94L₹1,14,632.82L₹1,02,890.11L₹0.00L
Total Liabilities Net Minority Interest₹1,44,387.71L₹1,42,112.03L₹1,57,032.44L₹1,18,908.28L₹0.00L
Current Debt And Capital Lease Obligation₹57,928.44L₹52,801.51L₹52,847.74L₹41,858.70L₹0.00L
Long Term Debt And Capital Lease Obligation₹54,521.43L₹63,669.67L₹81,063.13L₹56,114.51L₹0.00L
Cash Cash Equivalents And Short Term Investments₹294.98L₹1,231.25L₹6.63L₹6.98L₹0.00L
Total Non Current Liabilities Net Minority Interest₹69,362.70L₹76,450.44L₹92,833.89L₹65,890.42L₹0.00L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Free Cash Flow₹11,895.44L₹28,571.43L-₹65,346.34L-₹24,150.51L₹0.00L
Changes In Cash-₹412.62L₹700.97L-₹0.35L-₹18.98L₹0.00L
End Cash Position₹294.98L₹707.60L₹6.63L₹6.98L₹0.00L
Financing Cash Flow-₹12,794.29L-₹27,883.27L₹26,201.88L₹23,944.70L₹0.00L
Investing Cash Flow-₹28,669.84L-₹2,158.37L-₹42,550.25L-₹43,340.14L₹0.00L
Operating Cash Flow₹41,051.51L₹30,742.61L₹16,348.02L₹19,376.46L₹0.00L
Capital Expenditure-₹29,156.07L-₹2,171.18L-₹81,694.36L-₹43,526.97L₹0.00L
Beginning Cash Position₹707.60L₹6.63L₹6.98L₹25.96L₹0.00L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
EBIT₹30,224.06L₹31,937.04L₹25,490.93L₹20,957.73L₹0.00L
EBITDA₹45,037.39L₹46,706.59L₹37,338.14L₹29,638.60L₹0.00L
Net Income₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹32,613.77L
Gross Profit₹76,217.83L₹78,670.53L₹73,803.26L₹49,003.97L₹0.00L
Pretax Income₹23,876.26L₹23,693.91L₹17,753.28L₹17,587.50L₹0.00L
Tax Provision₹6,121.32L₹6,151.28L₹4,601.46L₹1,106.45L₹0.00L
Total Revenue₹3,19,005.83L₹3,28,290.96L₹2,90,564.93L₹2,38,503.53L₹2,69,231.73L
Cost Of Revenue₹2,42,788.00L₹2,49,620.43L₹2,25,972.58L₹1,89,499.56L₹0.00L
Total Expenses₹2,90,738.17L₹2,98,193.09L₹2,64,706.30L₹2,19,595.45L₹0.00L
Interest Income₹252.37L₹0.00L₹126.27L₹123.81L₹110.55L
Interest Expense₹6,347.80L₹8,243.13L₹7,737.65L₹3,370.23L₹0.00L
Operating Income₹28,267.66L₹30,097.87L₹23,404.96L₹18,908.08L₹0.00L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Normalized EBITDA₹45,033.67L₹46,705.58L₹37,329.96L₹29,548.47L₹0.00L
Normalized Income₹17,752.17L₹17,541.88L₹13,145.76L₹16,396.59L₹0.00L
Operating Expense₹47,950.17L₹48,572.66L₹47,944.63L₹30,095.89L₹0.00L
Operating Revenue₹3,19,005.83L₹3,28,290.96L₹2,88,111.26L₹2,38,503.53L₹0.00L
Net Interest Income-₹6,834.01L-₹8,752.99L-₹8,204.01L-₹3,644.43L₹0.00L
Total Unusual Items₹3.72L₹1.01L₹0.00L₹90.13L₹0.00L
Total Other Finance Cost₹738.58L₹0.00L₹592.63L₹398.01L₹513.58L
Other Operating Expenses-₹21.81L₹19.41L₹38.63L-₹41.73L₹0.00L
Reconciled Depreciation₹14,813.33L₹14,769.55L₹11,847.21L₹8,680.87L₹0.00L
Reconciled Cost Of Revenue₹2,42,788.00L₹2,49,620.43L₹2,25,972.58L₹1,89,499.56L₹0.00L
Tax Effect Of Unusual Items₹0.95L₹0.26L₹0.00L₹5.67L₹0.00L
Interest Income Non Operating₹252.37L₹0.00L₹126.27L₹123.81L₹110.55L
Selling And Marketing Expense₹10,730.91L₹12,207.51L₹7,732.17L₹6,937.51L₹0.00L
Interest Expense Non Operating₹6,347.80L₹8,243.13L₹7,737.65L₹3,370.23L₹0.00L
Net Income Common Stockholders₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹0.00L
Net Income Continuous Operations₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹0.00L
Diluted NIAvailto Com Stockholders₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹0.00L
General And Administrative Expense₹1,599.69L₹0.00L₹1,408.24L₹1,178.18L₹977.93L
Selling General And Administration₹12,330.60L₹0.00L₹9,140.41L₹8,115.69L₹14,240.19L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Total Unusual Items Excluding Goodwill₹3.72L₹1.01L₹0.00L₹90.13L₹0.00L
Net Non Operating Interest Income Expense-₹6,834.01L-₹8,752.99L-₹8,204.01L-₹3,644.43L₹0.00L
Net Income Including Noncontrolling Interests₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹0.00L
Net Income From Continuing And Discontinued Operation₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹0.00L
Net Income From Continuing Operation Net Minority Interest₹17,754.94L₹17,542.63L₹13,151.82L₹16,481.05L₹0.00L

Company Performance (FY22–FY26)

₹3.3 K Cr₹2.5 K Cr₹1.6 K Cr₹820.7 Cr₹0
₹2.7 K Cr
₹2.4 K Cr
₹2.9 K Cr
₹3.3 K Cr
₹3.2 K Cr
FY22FY23FY24FY25FY26
Latest
₹3.19 K Cr
Growth (YoY)
-2.8%
Average
₹2.89 K Cr

Directors

AppointmentDirector nameDINDesignation
19/04/2006Sudhir Kumar Garg*****6037FCompany Secretary
01/10/2010Dinesh Nolkha00054658Whole-time directorView other directorships
06/05/2014Purshottam Maheshwari*****8005CCFO
01/10/2015Nitin Nolakha00054707Managing DirectorView other directorships
30/12/2021Rohit Swadheen Mehta09449679DirectorView other directorships
09/11/2023Rishabh Chand Lodha07177605DirectorView other directorships
22/07/2024Vibha Aren07028020DirectorView other directorships
22/07/2024Pratyush Nolakha10704970Whole-time directorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 8

Latest Documents

Category:
DateTitleSize
06/12/2024
Form Addendum to AOC-4 CSR-06122024_signed
-
11/11/2024
Form MGT-7-11112024
-
25/09/2024
Form AOC-4(XBRL)-25092024_signed
-
25/09/2024
Form AOC-4(XBRL)-25092024
-
10/02/2024
Form Addendum to AOC-4 CSR-10022024_signed
-

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Address

16-17 K.m.stone, Chittor Road, Hamirgarh, Bhilwara, Rajasthan, India, 311001

Frequently Asked Questions

What is the incorporation date of Nitin Spinners Limited?
The incorporation date of Nitin Spinners Limited is 14/10/1992.
What is the authorized share capital and paid-up capital of Nitin Spinners Limited?
The authorized share capital of Nitin Spinners Limited is ₹60,00,00,000.00. The paid-up capital is ₹56,22,00,000.00.
Who are the current board members & directors of Nitin Spinners Limited?

The current board member of Nitin Spinners Limited are:

  • Rohit Swadheen Mehta
  • Nitin Nolakha
  • Dinesh Nolkha
  • Vibha Aren
  • Pratyush Nolakha
  • Rishabh Chand Lodha
What is the registered address of Nitin Spinners Limited?
The registered address of Nitin Spinners Limited is 16-17 K.m.stone, Chittor Road, Hamirgarh, Bhilwara, Rajasthan, India, 311001.
What is the Corporate Identification Number of Nitin Spinners Limited?
The Corporate Identification Number of Nitin Spinners Limited is L17111RJ1992PLC006987.