Nitin Spinners (BOM:532698) Total Inventories: ₹6,077 Mil (As of Mar. 2026)


BOM:532698 Nitin Spinners Ltd BOM:532698
70 GF Score
Price ₹564.50
GF Value ₹397.48
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Nitin Spinners Total Inventories?

Nitin Spinners BOM:532698 +1.30% 70 Total Inventories is ₹6,077 Mil as of Mar. 2026. GuruFocus rates BOM:532698 with a GF Score™ of 70/100 and a GF Value™ of ₹397.48 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Nitin Spinners's total inventories for the quarter that ended in Mar. 2026 was ₹6,077 Mil. Nitin Spinners's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹3,038 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Nitin Spinners's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-143.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nitin Spinners's Days Inventory for the three months ended in Mar. 2026 was 45.09.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nitin Spinners's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.02.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Nitin Spinners's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.35.


Nitin Spinners  (BOM:532698) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Nitin Spinners's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(89.018+0.75 * 4318.74+0.5 * 6076.521-14438.771
-0-0)/56.220
=-143.59

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nitin Spinners's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=3038.2605/6148.255*365 / 4
=45.09

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Nitin Spinners's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=6148.255 / 3038.2605
=2.02

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Nitin Spinners's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=3038.2605 / 8597.916
=0.35

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Nitin Spinners Total Inventories Related Terms


Nitin Spinners Total Inventories Historical Data

* Premium members only.

The historical data trend for Nitin Spinners's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nitin Spinners Total Inventories Chart

Nitin Spinners Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,062.92 4,920.42 5,639.72 6,073.80 6,076.52

Nitin Spinners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,073.80 0.00 4,360.34 0.00 6,076.52
BOM:532698
70GF Score
Nitin Spinners Ltd BOM:532698
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Nitin Spinners Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹6,077 Mil mean?
Nitin Spinners (BOM:532698) has a Total Inventories of ₹6,077 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nitin Spinners and its competitors.
Is Nitin Spinners' Total Inventories too high?
Nitin Spinners' current Total Inventories is ₹6,077 Mil. Overall, Nitin Spinners has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Spinners' Total Inventories compare to competitors?
Nitin Spinners' Total Inventories of ₹6,077 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Manufacturing - Apparel & Accessories company?
A good Total Inventories depends on the Manufacturing - Apparel & Accessories industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Nitin Spinners and its competitors. Nitin Spinners's current Total Inventories is ₹6,077 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Spinners stock overvalued right now?
Based on GuruFocus' analysis, Nitin Spinners (BOM:532698) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹397.48, compared to a current price of ₹564.50 — trading 42% above its estimated fair value. The current Total Inventories is ₹6,077 Mil. Nitin Spinners' overall GF Score™ is 70/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Nitin Spinners (BOM:532698), the current Total Inventories is ₹6,077 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nitin Spinners (BOM:532698) Overvalued in 2026?

Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued. The current stock price of ₹564.50 is trading 42% above its estimated GF Value™ of ₹397.48. GuruFocus considers Nitin Spinners to be Significantly Overvalued.

Key valuation signals for BOM:532698:

  • Total Inventories: ₹6,077 Mil
  • GF Value™: ₹397.48 vs. price of ₹564.50 (42% above fair value)
  • GF Score™: 70/100 with 10 warning signs

No single metric tells the full story. See the BOM:532698 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitin Spinners Business Description

Other Exchanges NITINSPIN:India
Address Chittor Road, 16-17 Km. Stone, Hamirgarh, Bhilwara, RJ, IND, 311025
Nitin Spinners Ltd is an Indian company engaged in the textile business. It manufactures products such as cotton yarn and cotton knitted fabric. Its product comprises Yarn, Knitted Fabrics, Woven Fabrics, and Others. The yarn product, which is the key revenue driver, includes open-end yarns, multifold open-end yarns, ring-spun combed yarns, multifold ring spun yarns, compact yarns, fancy slub yarns, and ore spun yarns. The cotton knitted fabrics comprise single jersey, pique structures, interlock structures, rib structures, and three thread fleece. The company carries out sales within India as well as exports to other countries.
70GF Score

Get the complete analysis for BOM:532698

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹564.50
Price
₹397.48
GF Value