Nitin Spinners Q4 FY26 Net Profit Up 24% YoY

Nitin Spinners reported Q4 FY26 revenue of INR859.8 crore, its highest ever quarterly revenue, with a 7.4% QoQ and 2.2% YoY growth.
EBITDA for the quarter stood at INR130.4 crore, a 16.9% QoQ increase, with margins expanding 124 bps to 15.17% due to improved realizations and operational efficiency.
The Board recommended a 30% dividend (INR3 per share) for FY26, while net debt-to-equity improved to 0.76x from 0.89x in FY25.
Management expects FY27 EBITDA margins in the 16-20% range, supported by new capacity additions in H2 FY27 and renewable energy initiatives saving INR30-35 crore annually.