Nitin Spinners Limited — Investor Meet, 06-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
06-02-2026 | 06:19 pm
06-02-2026 | 06:19 pm
Nitin Spinners reported Q3 FY26 revenue of INR 800.68 Cr (up 5.3% QoQ) and PAT of INR 44.41 Cr (up 27.7% QoQ), with EBITDA margin at 13.93%. Management noted modest demand recovery and stable cotton prices, expecting better margins ahead. Operational utilization remains high (spinning 98%+, woven 90%+). A new INR 230 Cr captive solar plant (41.1 MW AC) will cut power costs, aiming for 40-45% renewable power by Q2 FY27. Spinning and weaving capacity expansion is progressing, set for completion by Q2 FY27. US tariff reductions and EU/UK trade deals are expected to boost exports and margins. The company is cautiously optimistic about future growth.
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