Nitin Spinners Limited — Investor Meet, 19-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Nitin Spinners reported 14% revenue growth to INR3,305.65 Cr in FY25, led by 24% export growth to INR2,111 Cr. EBITDA increased 25% to INR471.43 Cr, with margins at 14.26%, and PAT rose 33% to INR175.43 Cr. Q4 revenues were steady at INR841.29 Cr, with modest EBITDA and PAT gains. Capacity utilization stays above 90%. A ~INR1,100 Cr capex targeting value-added yarn and fabrics aims to add ~INR1,000 Cr revenue and lift margins by 100-150 bps by FY27/28. Exports form 63% of revenue, with minimal Turkey exposure and significant sales to Bangladesh. Management anticipates stable demand and moderate volume growth in FY26, with margin improvement linked to cost efficiency and product mix. Despite raw material cost pressures in synthetic fiber exports, export potential looks strong given the India-UK trade deal. The outlook is cautiously optimistic amid geopolitical risks.