NITINSPIN.BO
Price:
$314.95
Market Cap:
$17.65B
Nitin Spinners Limited manufactures and sells cotton and blended yarns, and knitted and woven fabrics in India. The company offers ring spun carded, ring spun, compact ring spun combed, compact ring spun, blended ring spun, fancy slub, compact fancy slub, core spun, compact core spun, S and Z twist, organic cotton, BCI/TBC certified, Supima and Giza certified, contamination free, zero and eli twist, and poly /cotton blended open end yarns; and yarns made out of recycled fibers, as well as dye able cheese/cones used in woven and knitted apparel, furnishing fabrics, denims, terry towel, medical fabrics, tea bags, and bed linen. It also provides single jersey, Lycra blended, pique structured, i...[Read more]
Industry
Apparel - Manufacturers
IPO Date
2006-02-03
Stock Exchange
BSE
Ticker
NITINSPIN.BO
According to Nitin Spinners Limited’s latest financial reports and current stock price. The company's current ROE is 12.82%. This represents a change of 298.04% compared to the average of 3.22% of the last 4 quarters.
The mean historical ROE of Nitin Spinners Limited over the last ten years is 16.48%. The current 12.82% ROE has changed -22.22% with respect to the historical average. Over the past ten years (40 quarters), NITINSPIN.BO's ROE was at its highest in in the December 2021 quarter at 13.28%. The ROE was at its lowest in in the June 2020 quarter at -1.85%.
Average
16.48%
Median
13.33%
Minimum
4.82%
Maximum
37.24%
Discovering the peaks and valleys of Nitin Spinners Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 204.60%
Maximum Annual ROE = 37.24%
Minimum Annual Increase = -63.71%
Minimum Annual ROE = 4.82%
| Year | ROE | Change |
|---|---|---|
| 2025 | 13.38% | 16.61% |
| 2024 | 11.47% | -28.37% |
| 2023 | 16.02% | -56.99% |
| 2022 | 37.24% | 204.60% |
| 2021 | 12.23% | 153.59% |
| 2020 | 4.82% | -63.71% |
| 2019 | 13.29% | 5.71% |
| 2018 | 12.57% | -43.67% |
| 2017 | 22.31% | 3.88% |
| 2016 | 21.48% | -12.44% |
The current ROE of Nitin Spinners Limited (NITINSPIN.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.62%
5-year avg
18.07%
10-year avg
16.48%
Nitin Spinners Limited’s ROE is less than Sumeet Industries Ltd. (1.14%), less than S.P. Apparels Limited (11.86%), less than S.P. Apparels Limited (11.86%), less than Indo Rama Synthetics (India) Limited (21.82%), less than Dollar Industries Limited (11.65%), less than Indo Rama Synthetics (India) Limited (21.82%), less than Dollar Industries Limited (11.65%), less than Monte Carlo Fashions Limited (9.88%), less than Himatsingka Seide Limited (3.65%), less than Himatsingka Seide Limited (3.65%),
| Company | ROE | Market cap |
|---|---|---|
| 1.14% | $15.79B | |
| 11.86% | $18.69B | |
| 11.86% | $18.66B | |
| 21.82% | $12.39B | |
| 11.65% | $19.06B | |
| 21.82% | $12.43B | |
| 11.65% | $19.05B | |
| 9.88% | $14.44B | |
| 3.65% | $14.43B | |
| 3.65% | $14.43B |
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