Company Nitin Spinners Limited Bombay S.E.

Equities

NITINSPIN

INE229H01012

Textiles & Leather Goods

Market Closed - Bombay S.E. 06:00:49 2024-04-29 am EDT 5-day change 1st Jan Change
366 INR +3.23% Intraday chart for Nitin Spinners Limited +3.89% +13.30%

Business Summary

Nitin Spinners Limited is an India-based company, which is engaged in the business of textiles. The Company is a manufacturer of cotton yarn, knitted fabrics, and finished woven fabrics. Its range of yarns includes cotton ring spun carded yarns from Ne 12 to Ne 50, cotton ring spun yarns from Ne 12 to Ne 30, cotton compact ring spun combed yarns from Ne 12 to Ne 100, cotton compact ring spun carded yarns from Ne 12 to Ne 30, poly/cotton blended ring spun yarns Ne 10 to 50, and core spun yarns, among others. Its range of knitted fabrics includes single jersey, lycra blended fabrics, pique structures, interlock structures, Rib structures, and 3 T Fleece fabrics. It offers finished and printed fabrics, such as cotton, cotton spandex fabrics, poly/cotton, poly/cotton spandex fabrics, bleached, dyed, print and yarn-dyed fabrics with various special finishes like Teflon, and wrinkle-free, and various weaves -twills, gabardines, broken twill, ripstop, canvas, Mattie’s, ducks, plain and dobby.

Number of employees: 5,229

Sales per Business

INR in Million2022Weight2023Weight Delta
Yarn
65.3 %
18,534 68.8 % 15,726 65.3 % -15.15%
Fabrics
27.2 %
6,767 25.1 % 6,536 27.2 % -3.41%
Others
6.6 %
1,339 5.0 % 1,587 6.6 % +18.56%
Foreign Exchange Fluctuation (Net)
0.9 %
283 1.1 % 217 0.9 % -23.54%
Services
0.0 %
0 0.0 % 1 0.0 % +524.20%

Sales per region

INR in Million2022Weight2023Weight Delta
International
56.4 %
19,536 72.6 % 13,563 56.4 % -30.57%
India
43.6 %
7,387 27.4 % 10,504 43.6 % +42.20%

Managers

Managers TitleAgeSince
Chief Executive Officer 48 98-09-30
Founder 53 92-10-14
Director of Finance/CFO 62 06-07-31
Chief Operating Officer 53 07-03-31
Compliance Officer 77 -
Corporate Officer/Principal - -
Sales & Marketing 52 93-03-31

Members of the board

Members of the board TitleAgeSince
Founder 53 92-10-14
Director/Board Member 66 14-07-28
Director/Board Member 70 14-07-28
Chief Executive Officer 48 98-09-30
Director/Board Member - 21-12-29
Director/Board Member 67 Nov. 08

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 56,220,000 23,940,960 ( 42.58 %) 0 42.58 %

Shareholders

NameEquities%Valuation
Redial Trading & Investment Pvt Ltd.
31.97 %
17,975,000 31.97 % 70 M ₹
Estate Of Ratan Lal Nolkha
10.94 %
6,150,000 10.94 % 24 M ₹
quant Money Managers Ltd.
4.857 %
2,730,499 4.857 % 11 M ₹
Bandhan Asset Management Co. Ltd.
3.371 %
1,895,375 3.371 % 7 M ₹
1,850,000 3.291 % 7 M ₹
Mahindra Manulife Investment Management Pvt Ltd.
3.129 %
1,758,912 3.129 % 7 M ₹
1,650,000 2.935 % 6 M ₹
1,650,000 2.935 % 6 M ₹
HSBC Asset Management (India) Pvt Ltd.
2.321 %
1,305,102 2.321 % 5 M ₹
1,155,000 2.054 % 4 M ₹

Company contact information

Nitin Spinners Ltd.

16-17 KM Stone Chittor Road

311025, Bhilwara

+91 14 8228 6110

http://www.nitinspinners.com
address Nitin Spinners Limited(NITINSPIN)