Nitin SpinnersBOM:532698 +1.94%70 Net Margin % is 6.67% as of Mar. 2026, which is 27% above its 10-year median of 5.27. GuruFocus rates BOM:532698 with a GF Score™ of 70/100 and a GF Value™ of ₹397.10 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 1,039 Manufacturing - Apparel & Accessories companies, Nitin Spinners ranks better than 66.99% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Nitin Spinners's Net Income for the
three
months ended in Mar. 2026 was ₹574 Mil. Nitin Spinners's Revenue for the
three
months ended in Mar. 2026 was ₹8,598 Mil. Therefore, Nitin Spinners's net margin for the quarter that ended in Mar. 2026 was 6.67%.
The historical rank and industry rank for Nitin Spinners's Net Margin % or its related term are showing as below:
BOM:532698'
s Net Margin % Range Over the Past 10 Years
Min: 1.67 Med: 5.27 Max: 12.24
Current: 5.52
BOM:532698's Net Margin % is ranked better than 66.99% of 1039
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.58
vs BOM:532698: 5.52
Nitin Spinners (BOM:532698) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Nitin Spinners Net Margin % Related Terms
Nitin Spinners Net Margin % Historical Data
* Premium members only.
The historical data trend for Nitin Spinners's Net Margin % 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.
For the Textile Manufacturing subindustry, Nitin Spinners's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nitin Spinners Net Margin % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Net Margin % distribution charts can be found below:
* The bar in red indicates where Nitin Spinners's Net Margin % falls into.
* 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 (BOM:532698) has a Net Margin % of 6.67% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Nitin Spinners and its competitors. This is 27% above median its historical median of 5.27. Over the past decade, Nitin Spinners' Net Margin % has ranged from 1.67 to 12.24. According to the industry distribution chart, Nitin Spinners ranks #343 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 33%.
Is Nitin Spinners' Net Margin % too high?
Nitin Spinners' current Net Margin % of 6.67% is 27% above median its 10-year median of 5.27. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 12.24. The Manufacturing - Apparel & Accessories industry median Net Margin % is 2.58. Nitin Spinners' value of 6.67% is 158.5% above this industry median. Based on the distribution chart, Nitin Spinners ranks #343 out of 1039 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. 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' Net Margin % compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitin Spinners ranks #343 out of 1039 companies for Net Margin %. This puts Nitin Spinners in the upper half of its industry. The industry median Net Margin % is 2.58. Nitin Spinners' value of 6.67% is 158.5% above this benchmark. Historically, Nitin Spinners' own Net Margin % has ranged from 1.67 to 12.24 over the past decade. While the company's 10-year median is 5.27 vs. the industry median of 2.58, Nitin Spinners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Manufacturing - Apparel & Accessories company?
The median Net Margin % among Manufacturing - Apparel & Accessories companies is 2.58, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitin Spinners's current Net Margin % of 6.67% is 158.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Nitin Spinners and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Net Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Spinners's current Net Margin % is 6.67%, which is 27% above median its own 10-year median of 5.27. 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 ₹397.10, compared to a current price of ₹571.85 — trading 44% above its estimated fair value. The current Net Margin % is 6.67%, which is 27% above median its 10-year median of 5.27 and 158.5% above the Manufacturing - Apparel & Accessories industry median of 2.58. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Nitin Spinners (BOM:532698), the current Net Margin % is 6.67% 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 ₹571.85 is trading 44% above its estimated GF Value™ of ₹397.10.
GuruFocus considers Nitin Spinners to be Significantly Overvalued.
Key valuation signals for BOM:532698:
Net Margin %: 6.67% (27% above median its 10-year median of 5.27)
GF Value™: ₹397.10 vs. price of ₹571.85 (44% above fair value)
Industry Position: 158.5% above the Manufacturing - Apparel & Accessories median (#343 of 1039)
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 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
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532698 has been successfully added to your 
