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NITIN SPINNERS LIMITED
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Updated: 24 Oct 2024
The company manufactures and sells cotton yarns and knitted fabrics in India.
Nitin Spinners Limited, is a listed public company incorporated on 15 October, 1992. It is classified as a public limited company and is located in , Rajasthan. It's authorized share capital is INR 60.00 cr and the total paid-up capital is INR 56.22 cr.
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Industry and products
Manufacture of textiles
- Compact Ring Spun Combed Yarns, Lycra Blended Fabrics, Core Spun Yarns, Single Jersey, Fancy Slub Yarns, Pique Structures, Interlock Structures, Compact Core Spun Yarns, Rib Structures, Ring Spun Combed Yarns, Multi-fold Ring Spun Yarns
Company size
₹ 60.0 Cr
₹ 56.2 Cr
₹ 2750-3000 cr
Auth Capital
Paidup Capital
Revenue
Key Metrics
** All rupee values in INR crores. Based on March 2024 numbers.
Total Revenue
20.66%
20.66%
EBITDA
26.93%
26.93%
Net Profit
-20.2%
-20.2%
Networth
11.41%
11.41%
Borrowings
36.68%
36.68%
Assets
22.48%
22.48%
Gross Margin
2.06
2.06
Operating Margin
0.64
0.64
Net Profit Margin
-2.32
-2.32
Return on Equity
-4.55
-4.55
ROCE
-0.42
-0.42
Debt to Equity
0.22
0.22
Sales
Mar 2024
Net worth
Mar 2024
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Locations
India
(1)
| State | Type | Address |
|---|
Locations on Map
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People
| Designation | Name | DIN/PAN | Tenure |
|---|---|---|---|
| Managing Director | Dinesh Nolkha
Shareholder
|
00054658 | 15 years |
| Whole-time Director | Nitin Nolakha
Shareholder
|
00054707 | 10 years |
| Director | Vibha Aren | 07028020 | 1 years |
| Director | Rishabh Chand Lodha | 07177605 | 2 years |
| Director | Rohit Swadheen Mehta
Shareholder
|
09449679 | 3 years |
| Director | Pratyush Nolakha | 10704970 | 1 years |
| CS | Sudhir Kumar Garg
Shareholder
|
<HIDDEN> | 19 years |
| CFO | Purshottam Maheshwari
Shareholder
|
<HIDDEN> | 11 years |
Financial Highlights
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Sales | GET PRO | GET PRO | GET PRO | GET PRO | GET PRO |
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Margins
Gross margin
Operating margin
Net margin
Balance Sheet
₹
%
Financials upto March 2024 available in Tofler Pro
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
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Total assets
Charges on assets
Bank wise
Charges
1
Punjab National Bank
No. of Loans: 4
Total Amount : 2,161.7 cr
Charges
Punjab National Bank
Company Network
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Companies connected through Directors
| Name | Status | Paid up Capital | Common Directors | Address |
|---|---|---|---|---|
| CONFEDERATION OF INDIAN TEXTILE INDUSTRY |
Active
|
0.0 | 1 | Delhi |
| NITIN FINANCE AND INVESTMENT PRIVATE LIMITED |
Active
|
2.0 Cr | 2 | Rajasthan |
| DOLPHIN CARRIER PRIVATE LIMITED |
Amalgamated
|
28.1 L | 1 | Rajasthan |
| NITIN INFRA DEVELOPERS PRIVATE LIMITED |
Active
|
1.0 L | 2 | Rajasthan |
| REDIAL TRADING AND INVESTMENT PVT LTD |
Active
|
81.6 L | 2 | Rajasthan |
| TEXTILE SECTOR SKILL COUNCIL |
Active
|
0.0 | 1 | Delhi |
| PRASHAM CORPORATE SERVICES (INDIA) PRIVA TE LIMITED |
Amalgamated
|
25.0 L | 1 | Rajasthan |
| GREENFIELD SECURITIES PVT LTD |
Amalgamated
|
20.0 L | 1 | Rajasthan |
| STAR PAPER MILLS LTD. |
Active
|
15.6 Cr | 1 | West Bengal |
| SWADESHI POLYTEX LTD |
Active
|
3.9 Cr | 1 | Uttar Pradesh |
Tofler Score
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Risk
Severe Risk
- No risks identified
Moderate Risk
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Low Risk
- No risks identified
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Registered Details
CIN
L17111RJ1992PLC006987PAN
AAACN7529AIncorporation
1992, 32.6 yearsCompany Email
sudhirgarg@nitinspinners.comPaid up Capital
₹ 56.2 CrAuthorised Capital
₹ 60.0 CrAGM
Sep 2024Type
Public
Non-government Company
FAQ - NITIN SPINNERS LIMITED
What is the incorporation date of NITIN SPINNERS LIMITED?
The incorporation date of NITIN SPINNERS LIMITED is 15 October, 1992
What is the authorized share capital of NITIN SPINNERS LIMITED?
The authorized share capital of NITIN SPINNERS LIMITED is INR ₹ 60.0 Cr.
What is the paid-up capital of NITIN SPINNERS LIMITED?
The paid-up capital of NITIN SPINNERS LIMITED is INR ₹ 56.2 Cr.
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 - 311001
What is the CIN number of NITIN SPINNERS LIMITED?
The CIN number of NITIN SPINNERS LIMITED is L17111RJ1992PLC006987.
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