Nitin Spinners

Nitin Spinners Interest Coverage

The Interest Coverage Ratio of Nitin Spinners (NITINSPIN.NS) as of Nov 4, 2026 is 12.40. In the previous year, Interest Coverage Ratio was 12.84 — a change of -3.40% (lower).

Interest Coverage

12.40

YoY

-3.40%

Last updated:

Interest Coverage Ratio of Nitin Spinners is 2025 12.40 . Interest Coverage Ratio of Nitin Spinners was 2024 12.84 . It decreases by -3.40% lower compared to the previous year.

The Nitin Spinners Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
4.35 INR
Jan 1, 2019
5.52 INR
Jan 1, 2020
3.41 INR
Jan 1, 2021
5.28 INR
Jan 1, 2022
132.83 INR
Jan 1, 2023
21.34 INR
Jan 1, 2024
12.84 INR
Jan 1, 2025
12.40 INR
The Nitin Spinners Interest Coverage history
YEARInterest CoverageYoY
12.40-3.40%
12.84-39.83%
21.34-83.93%
132.83+2,417.15%
5.28+54.62%
3.41-38.19%
5.52+26.94%
4.35-11.40%
4.91+17.84%
4.17-17.94%
5.08-10.52%
5.67—

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Nitin Spinners Stock analysis

What does Nitin Spinners do? Nitin Spinners Ltd. generates revenue through the manufacturing and sale of cotton yarn and knitted fabric. The company produces a wide range of cotton ring spun carded yarns from Ne 12 to Ne 50, cotton ring spun yarns from Ne 12 to Ne 30, cotton compact ring spun combed yarns from Ne 12 to Ne 100, cotton compact ring spun carded yarns from Ne 12 to Ne 30, poly/cotton blended ring spun yarns Ne 10 to 50, and core spun yarns. It also manufactures knitted fabrics including single jersey, lycra blended fabrics, pique structures, interlock structures, Rib structures, and 3 T Fleece fabrics. Additionally, Nitin Spinners offers finished and printed fabrics such as cotton, cotton spandex fabrics, poly/cotton, poly/cotton spandex fabrics, bleached, dyed, print and yarn-dyed fabrics with special finishes like Teflon and wrinkle-free, along with various weaves including twills, gabardines, broken twill, ripstop, canvas, Mattie’s, ducks, plain, and dobby. The primary customers for Nitin Spinners' products are textile manufacturers and apparel brands that require high-quality cotton yarns and fabrics for their production processes. The company's diverse product portfolio caters to different segments within the textile industry, including casual wear, sportswear, and home textiles. Its extensive range of yarns and fabrics allows it to serve both domestic and international markets, with a focus on meeting the specific needs of clients in the apparel and textile manufacturing sectors. Nitin Spinners Ltd. operates with a workforce of 5,229 full-time employees, supporting its manufacturing operations. The company's product lines are designed to address various market demands, from basic cotton yarns to specialized fabrics with advanced finishes. By offering a comprehensive selection of yarns and fabrics, Nitin Spinners ensures consistent demand from established textile and apparel clients who prioritize quality and reliability in their supply chain. Nitin Spinners is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nitin Spinners stock

Interest Coverage Ratio of Nitin Spinners is 12.40 in 2025.

Interest Coverage Ratio of Nitin Spinners changed from 12.84 to 12.40, representing a -3.40% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Nitin Spinners since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Nitin Spinners with sector peers and the industry average to assess whether it is attractive.

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Leverage — Nitin Spinners

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