Nitin Spinners Q1 FY27: Profit up 84%, margin to 17.78%
Nitin Spinners Ltd
NITINSPIN
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Q1 FY27 result highlights
Nitin Spinners Ltd reported a sharp improvement in standalone profitability for the quarter ended June 30, 2026 (Q1 FY27). Standalone net profit rose 84% year-on-year (YoY) to ₹75.27 crore, compared with ₹40.99 crore in Q1 FY26. Revenue from operations increased 10% to ₹875.03 crore, indicating steady volume and demand conditions for the textile manufacturer. The company also reported a notable expansion in operating profitability, supported by higher EBITDA and a stronger margin profile in the quarter.
The Board of Directors approved the unaudited standalone financial results on August 8, 2026. The approval was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were subjected to a limited review by the statutory auditors, Kalani & Co LLP.
Revenue growth and the role of other income
Total revenue for Q1 FY27 came in at ₹877.47 crore, up from ₹795.09 crore in Q1 FY26. The increase was primarily driven by a ₹81.72 crore rise in revenue from operations, taking operating revenue to ₹875.03 crore. Other income also moved higher and contributed to the top line, rising to ₹2.44 crore from ₹1.78 crore in the same quarter last year.
The quarter’s revenue profile suggests that the primary driver remained core operations, with other income offering incremental support. In the company’s disclosures, the increase in revenue and profitability was linked to strong demand and efficient cost management during the period.
Profitability improves as costs rise at a slower pace
Nitin Spinners’ total expenses increased in Q1 FY27, but the rise was modest relative to revenue growth. Total expenses were ₹776.50 crore in Q1 FY27 compared with ₹739.97 crore in Q1 FY26. This expense trend, alongside the higher revenue base, translated into stronger operating leverage during the quarter.
Profit before tax (PBT) rose to ₹100.98 crore in Q1 FY27 from ₹55.13 crore in Q1 FY26. Net profit increased to ₹75.27 crore from ₹40.99 crore over the same period. Basic earnings per share (EPS) rose to ₹13.39 from ₹7.29.
EBITDA rises; margin expansion in company data
The company reported EBITDA of ₹150.00 crore in Q1 FY27, up from ₹111.00 crore in Q1 FY26 (as stated in the results summary shared). Along with the rise in EBITDA, the EBITDA margin expanded to 17.78% from 14.02%.
A separate “market snapshot” section in the provided material also cited a different EBITDA and margin set for the same quarter, stating EBITDA of ₹206.4 crore versus ₹169.8 crore and an operating margin of 23.6% versus 21.5% YoY. The article material contains both sets of figures; the company’s results summary highlights the 17.78% margin, while the market snapshot lists 23.6%.
Key financials table (standalone)
All figures below are converted to ₹ crore from the company’s table reported in ₹ lacs.
Limited review report and compliance disclosures
Kalani & Co LLP carried out a limited review of the unaudited financial results. As per the limited review report referenced in the article material, the auditors stated that nothing had come to their attention to suggest that the results were materially misstated.
The company’s board approval on August 8, 2026, and the references to Regulation 30 and Regulation 33 indicate the results were disclosed under the applicable SEBI LODR framework for listed companies.
Stock and valuation snapshot shared in the material
The provided material also included a market snapshot with trading and valuation indicators. It showed the stock at ₹578.05, up ₹6.50 (1.14%) on the BSE, with a timestamp of 04:01 PM. Another line in the same material cited a current share price of ₹577.4.
The snapshot listed market capitalisation at ₹3,246.1428 crore, based on the latest share price. It also cited a P/E ratio of 18.2829712519751 and a P/B ratio of 2.20716292027455. The face value was noted as ₹10, and the book value per share was stated to be around ₹261.6028.
What the company has scheduled next
Nitin Spinners will host a group meeting with investors and analysts on August 13, 2026, in Mumbai. Such meetings typically help investors understand quarterly performance, operating conditions, and near-term priorities, although the specific agenda was not detailed in the provided material.
Why this quarter matters for investors tracking textiles
The Q1 FY27 numbers show a quarter where profit growth significantly outpaced revenue growth, driven by improved profitability metrics and controlled cost growth relative to sales. The reported expansion in EBITDA margin to 17.78% from 14.02% points to better operating efficiency, as stated in the results summary.
At the same time, the presence of a second set of margin and EBITDA figures in the accompanying snapshot highlights the importance of checking the source and definitions used for operating profitability measures. For investors, the immediate confirmed datapoints in the company’s quarter table are the revenue, expenses, PBT, net profit, and EPS figures for Q1 FY27, along with the board approval date and the limited review status.
Conclusion
Nitin Spinners’ Q1 FY27 standalone results show a strong profit uptick to ₹75.27 crore on revenue from operations of ₹875.03 crore, alongside an EBITDA margin expansion to 17.78% as cited in the results summary. The board approved the unaudited results on August 8, 2026, and the statutory auditors issued a limited review report with no material misstatement noted. The next scheduled milestone disclosed in the material is the investor and analyst group meeting in Mumbai on August 13, 2026.
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