Nitin Spinners Limited Financial Ratios
NITINSPIN · Textiles · Current price ₹620.45
P/E ratio
19.6x
P/B ratio
2.5x
ROE
12.1%
ROCE
11.9%
Debt / Equity
0.76
Dividend yield
0.5%
Ratio reference
| Ratio | Value | What it means |
|---|---|---|
| P/E | 19.6x | Price paid per ₹1 of annual earnings — lower is cheaper (context-dependent). |
| P/B | 2.5x | Price relative to book value — <1 can signal deep value or trouble. |
| ROE | 12.1% | Return on equity — how much profit the company earns on shareholder capital. |
| ROCE | 11.9% | Return on capital employed — efficiency including debt. >15% is strong. |
| D/E | 0.76 | Leverage — higher means more debt-funded, riskier in downturns. |
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Nitin Spinners Limited profitability
Nitin Spinners Limited generates a return on equity of 12.1% and a return on capital employed of 11.9%. An ROE consistently above 15% usually points to a quality business with a durable advantage; below 10% suggests weak profitability or a capital-heavy model.
Leverage & valuation
With a debt-to-equity of 0.76 and a P/E of 19.6x, Nitin Spinners Limited is moderately leveraged. Our overall business-quality score for the company is 3.9 / 10.
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