Nitin Spinners Limited has informed the Exchange about Investor Presentation
NITINSPIN · price
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Awaiting price reaction for this filing.
Nitin Spinners reported weak Q2 FY26 results, with revenue falling 7.6% YoY to Rs. 760.1 Cr and PAT declining 17.5% to Rs. 34.8 Cr. EBITDA margin compressed by 90 bps to 13.1%, hit by elevated domestic cotton prices and U.S. tariff uncertainties. For H1 FY26, revenue was Rs. 1,553.4 Cr (down 4.4% YoY) with PAT at Rs. 75.8 Cr. Management remains confident of an H2 FY26 recovery, citing the expected U.S. trade deal finalization, FTA progress, and the temporary removal of cotton import duties. The company is investing ~Rs. 1,120 Cr in capacity expansion (22,400 MT spinning and 35 Mn metres of fabric) targeted for FY27, with 60% of new yarn output to be consumed in-house to boost margins.
Near-term sentiment is negative given the sharp YoY declines in revenue, EBITDA, and PAT, but the management's confident H2 recovery guidance, capex-led growth plan, and policy tailwinds (U.S. trade deal, duty removal) may support the stock if execution delivers. Shareholders should watch cotton prices, U.S. trade outcomes, and capacity ramp-up progress.