What we do Nitin Spinners Ltd manufactures 100% cotton and blended yarns, knitted and woven fabrics used in apparel, home furnishings, medical textiles, and industrial products. |
Founded in 1,992 |
Market share Leading cotton yarn and fabric exporter, recognized with multiple TEXPROCIL export awards, strong domestic and global presence. |
Problem solved Provides diverse textile solutions with sustainable fibers, meeting demand for quality fabrics and yarns in global apparel and industrial sectors. |
Top clients or who we serve B2B focus serving textile manufacturers, garment producers, home furnishing, medical and industrial textile companies globally across 55+ countries. |
Key management Dinesh Nolkha (Chairman & Managing Director, IIT background), Nitin Nolkha (Managing Director). |
Our journey and innovations Started in 1992, expanded spinning, knitting, weaving capacities, added eco-friendly fibers and renewable energy initiatives, continuous R&D for new yarns and fabrics. |
Where we operate India focused with significant exports to over 55 countries across six continents, major revenue from outside India (64%). |
Top products or what we offer Cotton & blended yarns (ring spun, open end, compact), knitted fabrics, finished woven fabrics, specialty yarns including organic and recycled fibers. |
Top brands No specific brand names; recognized for high-quality yarn counts 50s and above, leading export trophies, and extensive product range. |
Raw materials needed Cotton and blended fibers including organic, BCI, supima, and recycled fibers. |
Raw materials supplier Sources fibers globally; specific supplier names not disclosed. |
Recurring vs cyclical contribution Revenue is largely cyclical linked to textile demand and export cycles but supported by repeat orders and long-term client relationships. |
Our industry position Among top textile exporters in India; strong market position in cotton yarn and fabric sectors with continuous capacity expansion. |
Financial highlights FY 24-25 revenue Rs 3305.65 Cr; net profit Rs 175.43 Cr; EBITDA margin approx 14.4%; revenue grew 14% YoY, profit up 33%. |
Geographical revenue split Exports contribute 64%, domestic sales 36% of total revenues. |
Order book - |
Whats driving growth Capacity expansions, value-added products, stable cotton prices, export demand especially from EU/UK markets, and renewed focus on sustainable textiles. |
Our future plans Rs 1120 Cr capex underway for spinning, weaving, dyeing, finishing expansions with renewable energy projects to start production next year. |
Our green promise Investing in renewable solar power (approx 40-45% of power consumption), waste water treatment, sustainable fibers like organic and recycled cotton. |
Our people and values Focus on skilled workforce with in-house training; commitment to safety and employee welfare; zero harassment complaints reported. |
Key challenges ahead Global market volatility, raw material price fluctuations, and execution risk of large capex projects. |
Interesting facts Multiple export trophies from TEXPROCIL, Rajasthan Energy Conservation Awards, and highest employment generation recognition. |
Risks and strategy Mitigates risks via geographic export diversification, value-added product focus, cost efficiencies, and renewable energy adoption. |
