Nitin Spinners (BOM:532698) Scaled Net Operating Assets: N/A (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532698 Nitin Spinners Ltd BOM:532698
70 GF Score
Price ₹551.85
GF Value ₹400.65
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Nitin Spinners Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nitin Spinners's operating assets for the quarter that ended in Mar. 2026 was ₹29,057 Mil. Nitin Spinners's operating liabilities for the quarter that ended in Mar. 2026 was ₹3,194 Mil. Nitin Spinners's Total Assets for the quarter that ended in Dec. 2025 was ₹0 Mil. Therefore, Nitin Spinners's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was N/A.


Nitin Spinners Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Nitin Spinners's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Nitin Spinners Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 1.10 1.12 0.91 0.95

Nitin Spinners Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.00 0.00 0.00 0.00 0.00

Nitin Spinners Scaled Net Operating Assets Competitor Comparison

For the Textile Manufacturing subindustry, Nitin Spinners's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitin Spinners's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Nitin Spinners's Scaled Net Operating Assets falls into.


BOM:532698
70GF Score
Nitin Spinners Ltd BOM:532698
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitin Spinners Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Nitin Spinners's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(29057.061-3193.784)/27323.197
=0.95

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29146.079 - 89.018
=29057.061

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14438.771 - 5452.143 - 5792.844
=3193.784

Nitin Spinners's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(29057.061-3193.784)/0
=N/A

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=29146.079 - 89.018
=29057.061

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=14438.771 - 5452.143 - 5792.844
=3193.784

* 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.

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

Based on GuruFocus' analysis, Nitin Spinners stock appears to be overvalued. The current stock price of ₹551.85 is trading 37.7% above its estimated GF Value™ of ₹400.65. GuruFocus considers Nitin Spinners to be Significantly Overvalued.

Key valuation signals for BOM:532698:

  • Scaled Net Operating Assets: N/A
  • GF Value™: ₹400.65 vs. price of ₹551.85 (37.7% 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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹551.85
Price
₹400.65
GF Value