Indo Count Industries vs Nitin Spinners: Share Price, PE, ROE Compared

Indo Count Industries vs Nitin Spinners is a comparison textile investors look up when evaluating two listed Indian companies in different parts of the textile value chain. Indo Count Industries, a Kolhapur-based company, is India's second-largest home textile exporter – making bed sheets, pillow covers and utility bedding for leading US and European retailers under private label. Nitin Spinners, a Bhilwara-based company, is a yarn and fabric spinning company making cotton and blended yarn for apparel and home textile companies. The Indo Count versus Nitin Spinners comparison shows two different textile business models – finished home textiles export versus upstream yarn spinning.

This Indo Count Industries vs Nitin Spinners article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.

Reach and Market Position

In this Indo Count Industries vs Nitin Spinners comparison, Indo Count exports home textiles (bed sheets, pillow cases) to US and European retailers (Walmart, Target, Marks & Spencer) in large volumes under customer private labels. Market capitalisation is Rs 8,403 Cr.

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Nitin Spinners manufactures cotton yarn, polyester cotton blended yarn and woven grey fabric for Indian apparel and home textile manufacturers. Market capitalisation is Rs 3,140 Cr.

Key Products and Business Mix

For the Indo Count Industries vs Nitin Spinners product breakdown, Indo Count Industries: Indo Count earns from bed linen and home textile exports (B2B private label). EPS is Rs 6.40. PE is 66.30x (expensive), ROE 5.38 percent, D/E 0.57.

Nitin Spinners: Nitin Spinners earns from yarn and fabric sales to textile manufacturers. EPS is Rs 37.68. PE is 14.82x (cheap!), ROE 12.07 percent, D/E 0.76.

Latest Results and Financial Data

On the Indo Count Industries vs Nitin Spinners results front: Indo Count has a market cap of Rs 8,403 Cr and PE of 66.30x. ROE is 5.38 percent. Indo Count is 2.7 times larger than Nitin Spinners but significantly more expensive on PE with lower ROE.

Nitin Spinners has a market cap of Rs 3,140 Cr and PE of 14.82x. ROE is 12.07 percent. Comparing Indo Count and Nitin Spinners, Nitin is dramatically cheaper on PE with more than double the ROE.

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Stock Performance and Valuation

Investors tracking the Indo Count Industries vs Nitin Spinners comparison should verify current prices on NSE or BSE before trading. The Indo Count Industries vs Nitin Spinners stock data below reflects the latest available figures from Groww and public company filings.

Indo Count Industries versus Nitin Spinners: Indo Count (PE 66.30x, ROE 5.38%) vs Nitin Spinners (PE 14.82x, ROE 12.07%). In the Indo Count and Nitin Spinners comparison, Nitin appears more attractively valued on both PE and ROE metrics. Indo Count commands a premium as a large-scale, diversified home textile exporter.

Indo Count Industries vs Nitin Spinners: Quick Comparison Table

The comparison table below summarises the key metrics side by side.

Parameter	Indo Count Industries	Nitin Spinners
Sector	Home textiles export: bed sheets, pillow cases (US/EU retailers, private label)	Yarn spinning: cotton + blended yarn + grey fabric (B2B to Indian mills)
Market Cap	Rs 8,403 Cr	Rs 3,140 Cr
P/E Ratio	66.30x (expensive)	14.82x (cheap!)
ROE	5.38%	12.07% (more than double)
Debt to Equity	0.57	0.76
End Market	US + European retail consumers (via private label)	Indian textile manufacturers (domestic B2B)
Dividend Yield	0.35%	0.54%

Conclusion

The Indo Count Industries vs Nitin Spinners comparison above covers reach, products, results and valuation. Indo Count Industries versus Nitin Spinners covers finished home textile exports versus upstream yarn spinning. Indo Count has exposure to US consumer demand and private-label retail relationships. Nitin Spinners is a capital-efficient yarn maker with a much lower PE and higher ROE. The Indo Count and Nitin Spinners comparison shows two different risk profiles – export concentration risk vs domestic commodity risk. Consult a SEBI-registered advisor for personalised guidance.

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Frequently Asked Questions

What does Indo Count Industries make?

Ans. Indo Count Industries makes bed sheets, pillow cases, bed covers and utility bedding for major US and European retailers under their private labels. Indo Count is India's second-largest home textile exporter.

What does Nitin Spinners make?

Ans. Nitin Spinners manufactures cotton yarn, polyester-cotton blended yarn and woven grey fabric at its Bhilwara facility in Rajasthan, supplying apparel and home textile manufacturers across India.

What is private label in textiles?

Ans. Private label means the product is manufactured by one company but sold under the retailer's own brand (e.g., Walmart's "Better Homes & Gardens" brand). Indo Count makes these home textiles but the retailer's name appears on packaging.

Which is larger, Indo Count or Nitin Spinners?

Ans. Indo Count Industries at Rs 8,403 Cr is approximately 2.7 times larger than Nitin Spinners at Rs 3,140 Cr.

Are Indo Count and Nitin Spinners in Nifty 50?

Ans. Neither is in Nifty 50.

What is grey fabric?

Ans. Grey fabric (also called greige fabric) is undyed, unfinished woven fabric fresh off the loom. It is then sent to processing units for dyeing, printing and finishing before use in apparel.

Does Nitin Spinners pay dividends?

Ans. Yes. Nitin Spinners pays a small dividend yield of approximately 0.54 percent.