Nitin Spinners Share Price Target 2026: Stock Analysis, Share Price Today, Bull Case and Bear Case After Q1 FY27

Nitin Spinners Rs 616.35 (6 Oct 2026 close). 52-week range Rs 302.20 to Rs 665.50. Q1 FY27 profit Rs 75.3 cr, up 84%.

The Nitin Spinners share price target for 2026 is Rs 620 to Rs 775 in the Univest base case, with the stock at Rs 616.35 at the 6 October 2026 close. That is 7.4 percent below its 52-week high of Rs 665.50 and 104.0 percent above its 52-week low of Rs 302.20, and the stock moved up 91.9 percent over the past year. Nitin Spinners is a Bhilwara-based integrated maker of cotton yarn and fabrics and an export house, with a renewable energy arm. Debt to equity is 0.76 and the dividend yield is 0.49 percent.

Three things changed since the last update: Q1 FY27 results on 8 August showed profit up 84 percent, management guided to about Rs 3,800 crore of revenue for FY27, and the stock hit Rs 665.50 in the week of 7 September before easing 7 percent. This Nitin Spinners stock analysis covers the Nitin Spinners share price today, the Nitin Spinners share price target for 2026, 2027 and 2030, the Q1 FY27 numbers, catalysts and risks, key price levels and a Nitin Spinners buy or sell view.

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What Is the Nitin Spinners Share Price Target for 2026?

The 2026 target for Nitin Spinners shares is Rs 620 to Rs 775 in the Univest base case, which is +0.6% to +25.7% against the last close. The bull case is Rs 950 to Rs 1,102 and the bear case is Rs 330 to Rs 396. No brokerage price target was available on the sources we track as of 6 October 2026, so every range below is a Univest research scenario. Analyst consensus is used as a cross-check, not as the base.

Nitin Spinners Share Price Target Scenarios: Bull Case, Base Case and Bear Case

Scenario	FY28E EPS	Target Multiple	Price Target (Rs)	Move vs Rs 616.35
Bull Case	Rs 76	12.5x to 14.5x	950 to 1,102	+54.1% to +78.8%
Base Case	Rs 62	10x to 12.5x	620 to 775	+0.6% to +25.7%
Bear Case	Rs 44	7.5x to 9x	330 to 396	-46.5% to -35.8%

FY28 EPS of Rs 62 in the base case compares with trailing EPS of Rs 37.68 and annualised Q1 earnings near Rs 54, and assumes revenue near the Rs 3,800 crore guidance with margin near 17 percent. The stock trades at about 10 times the base estimate. The PE multiple used for each case is shown in the table, and the EPS estimate is a Univest assumption, not company guidance. Those assumptions set the Nitin Spinners share price target range around the current price.

Nitin Spinners Company Overview and Share Price Today as of 6 October 2026

Nitin Spinners share price today is Rs 616.35 on the NSE at the 6 October 2026 close, before the market opens on 7 October. The market capitalisation is Rs 3,466 crore, and the stock trades at 16.4 times earnings against an industry average of 48 times. The Univest base case Nitin Spinners share price target of Rs 620 to Rs 775 is +0.6% to +25.7% from here. The table below sets out the key numbers behind the Nitin Spinners share price target.

Parameter	Value	Context
NSE Ticker	NITINSPIN	BSE code 532698
Sector	Textiles (cotton yarn)	Per Univest sector classification
Last Close (NSE)	Rs 616.35	6 Oct 2026 close
52-Week High	Rs 665.50	CMP is 7.4% below
52-Week Low	Rs 302.20	CMP is 104.0% above
1-Year Return	About +92%	Weekly close Rs 321.1 on 10 Oct 2025 to Rs 616.35
Market Capitalisation	Rs 3,466 crore	Small cap textile firm
Trailing P/E	About 16.4x	Industry P/E about 47.98x
P/B Ratio	About 2.36x	Book value Rs 261.60 per share
EPS (TTM)	Rs 37.68	Trailing twelve months
Return on Equity	About 12.1%	Debt to equity 0.76
Dividend Yield	About 0.49%	Dividend paid yearly
12-Month Target (Base Case)	Rs 620 to Rs 775	Univest base case
Bull Case	Rs 950 to Rs 1,102	+54.1% to +78.8%
Bear Case	Rs 330 to Rs 396	-46.5% to -35.8%

Track live price, fundamentals and results for Nitin Spinners on the Univest Screener.

How Did Nitin Spinners Perform in Q1 FY27?

Nitin Spinners reported Q1 FY27 standalone revenue from operations of Rs 875.03 crore, up 10.3 percent from Rs 793.3 crore, and net profit of Rs 75.27 crore, up 83.6 percent from Rs 40.99 crore. Profit before tax rose 83.2 percent to Rs 100.98 crore. Together these Q1 FY27 numbers anchor the Nitin Spinners share price target.

Metric	Q1 FY27	Context
Revenue from Operations	Rs 875.03 crore	Up 10.3% YoY; record quarter
Net Profit	Rs 75.27 crore	Up 83.6%; up 31% QoQ
Profit Before Tax	Rs 100.98 crore	Up 83.2% YoY
EBITDA Margin	17.8%	Against 14.0% a year ago
EPS	Rs 13.39	Q4 FY26 Rs 10.20
Total Expenses Growth	4.9%	Against revenue growth of 10.3%

Revenue was the highest ever for the second quarter in a row, helped by a recovery in cotton yarn spreads and strong export volumes. The new capacity is expected to add Rs 300 to Rs 400 crore of annual revenue once ramped.

Management expects stable yarn demand and margins through FY27, and the company is shifting part of its output toward fabric, which earns a higher margin than yarn. Energy cost is also a lever, and the renewable energy projects in the capex plan are meant to lower power cost over time. These points explain why investors view the Q1 profit jump as more than a one-quarter spike.

The FY27 outlook from management is the main input for these estimates. These numbers sit behind every range in the scenario table above, so they anchor the Nitin Spinners share price target.

Why Is Nitin Spinners Share Price Up 92 Percent in a Year?

Nitin Spinners shares are up about 92 percent in a year, and 104 percent from the Rs 302.20 low of January 2026, because yarn spreads and exports recovered and profit nearly doubled. The stock rose 14 percent in the week of 16 February on volume of 3.1 crore shares.

It added 12 percent in the week of 27 April and 6.5 percent in the week of 24 August to reach Rs 665.50 in the week of 7 September. It has since eased 7 percent to Rs 616.35 on profit taking. The Nitin Spinners share price target scenarios below account for that move.

Key Catalysts for the Nitin Spinners Share Price Target in 2026

4 catalysts matter most for the Nitin Spinners share price target, and sector tailwinds in Textiles (cotton yarn) are part of the case. Together they decide whether the base case is reached.

1. Yarn Spread Recovery

A recovery in cotton yarn spreads lifted EBITDA margin to 17.8 percent. Stable cotton prices support it. If it plays out, the Nitin Spinners share price target moves toward the top of the base range.

2. Export Volumes

Strong export volumes drove record revenue. Nitin is a recognised export house. Strength here would support the upper end of the Nitin Spinners share price target.

3. Capex Programme

A Rs 1,350 crore capex across textiles and renewable energy adds Rs 300 to Rs 400 crore of annual revenue. Delivery on this point keeps the Nitin Spinners share price target on track.

4. Value-Added Fabric

A shift toward value-added fabric moves the company up the value chain. Fabric earns higher margin than yarn. Better news here would lift the Nitin Spinners share price target toward the bull case.

What Are the Key Risks to the Nitin Spinners Share Price Target?

The main risks are cotton price swings, export demand, debt from capex and a cyclical business. Each can pull the Nitin Spinners share price target lower.

Cotton Price Swings

Cotton is the main raw material. A sharp rise would squeeze the yarn spread. If it materialises, the Nitin Spinners share price target would slip toward the bear case.

Export Demand

Exports depend on global demand and tariffs. Weak orders would cut volume. This is the main downside risk to the Nitin Spinners share price target.

Capex Debt

The Rs 1,350 crore capex is funded partly by debt. Debt to equity is already 0.76. A worsening here would cut the Nitin Spinners share price target toward the low end of the range.

Cyclical Earnings

Yarn profit is cyclical. A bear case EPS of Rs 44 at 7.5 times would put the price near Rs 330. Watch it closely, because it can pull the Nitin Spinners share price target lower quickly.

Nitin Spinners Stock Analysis: Support and Resistance Levels for the Share Price Target

Nitin Spinners stock analysis on weekly charts shows a range of Rs 579 to Rs 665 since early September, with the stock near the middle.

The first support level is Rs 595 to Rs 600, the lows of the weeks of 5 and 21 September. Below that, Rs 579 is the low of the week of 28 September and Rs 575 marks the late-August low.

The first resistance level is Rs 621 to Rs 630, the highs of the weeks of 5 and 21 September. Above that, Rs 648 to Rs 650 marks the late-August highs and Rs 665 to Rs 665.50 marks the September highs. These levels come from weekly price action, are not trade recommendations, and frame the near-term Nitin Spinners share price target.

Nitin Spinners Share Price Target 2026, 2027 and 2030: Short, Medium and Long Term

Short-Term Nitin Spinners Share Price Target (3 to 6 Months)

In the near term the stock is likely to trade between Rs 579 and Rs 665, from the late-September low to the September high. A close above Rs 630 would put Rs 650 in play, while a weekly close under Rs 595 would put Rs 579 in play. The Q2 FY27 results are the main trigger. This range anchors the near-term Nitin Spinners share price target.

12-Month and 2027 Nitin Spinners Share Price Target

The 12-month target price is Rs 620 to Rs 775, valued on 10 to 12.5 times FY28 EPS of Rs 62. The range across scenarios runs from Rs 330 in the bear case to Rs 1,102 in the bull case.

Long-Term Nitin Spinners Share Price Target for FY29 to 2030

For FY29 to 2030 the Univest scenario range is Rs 702 to Rs 1,104. This assumes EPS of Rs 78 in FY29 and Rs 92 in FY30 and a multiple of 9 to 12 times. It needs yarn spreads to hold and the Rs 1,350 crore capex to ramp as planned. This is the long-term Nitin Spinners share price target in the Univest scenarios.

Bull Case and Bear Case for Nitin Spinners Share Price Target

Bull Case Rs 950 to Rs 1,102

The bull case of Rs 950 to Rs 1,102 for the Nitin Spinners share price target needs EPS of Rs 76 and the market to pay 12.5 to 14.5 times for it. It is +54.1% to +78.8% from the last close.

Bear Case Rs 330 to Rs 396

The bear case of Rs 330 to Rs 396 for the Nitin Spinners share price target equals 7.5 to 9 times FY28 EPS of Rs 44 and sits above the Rs 302.2 low. It is -46.5% to -35.8% from the last close.

Is Nitin Spinners a Good Buy at Rs 616? Nitin Spinners Buy or Sell View

Whether Nitin Spinners is a buy at Rs 616.35 depends on horizon and risk appetite. The base case sits 1 to 26 percent above the current price, the stock is 7 percent below its high, and the open question is whether margins hold. The Nitin Spinners share price target range is the starting point for that decision.

Long-term holders may focus on yarn spreads, exports and the capex ramp, and treat Rs 595 as the level to watch. Short-term traders may prefer to wait for a close above Rs 630. Check institutional holding in the September quarter filing for signs of accumulation or selling. Consult a SEBI-registered advisor before acting, since this Nitin Spinners buy or sell view is educational.

How to Invest in Nitin Spinners Shares

Step 1: Check the live price, valuation and the latest Nitin Spinners share price target range on the Univest Screener.

Step 2: Open a demat and trading account with a SEBI-registered broker such as Univest before acting on any Nitin Spinners share price target.

Step 3: Search for NITINSPIN on the NSE or 532698 on the BSE in your trading app.

Step 4: Place a limit order near your planned entry and size the position so a fall to Rs 330 is bearable.

Step 5: Track yarn spreads, export orders and Q2 FY27 results and set price alerts on the Univest App to follow any change in the Nitin Spinners share price target.

Conclusion

Nitin Spinners closed at Rs 616.35 against a Univest base case share price target of Rs 620 to Rs 775, a bull case of Rs 950 to Rs 1,102 and a bear case of Rs 330 to Rs 396. Q1 FY27 delivered profit growth of 84 percent and revenue growth of 10.3 percent, with EBITDA margin at 17.8 percent. The main risks are cotton prices, export demand and capex debt.

The stock is 7.4 percent below its 52-week high, so the base case sits 1 to 26 percent above the current price. The triggers to watch are yarn spreads, export orders and Q2 FY27 results and the Rs 595 and Rs 630 levels. Re-check the Nitin Spinners share price target after each quarterly result. Investors with a long horizon and tolerance for volatility can track these triggers, while others may prefer to size positions carefully.

Download the Univest iOS App or Univest Android App to track Nitin Spinners live price and get daily stock recommendations.

FAQs on Nitin Spinners Share Price Target 2026

What is the Nitin Spinners share price target for 2026?

Ans. The Nitin Spinners share price target for 2026 is Rs 620 to Rs 775 in the Univest base case, with a bull case of Rs 950 to Rs 1,102 and a bear case of Rs 330 to Rs 396. No brokerage target was available on the sources we track as of 6 October 2026, so these are Univest research scenarios. These are estimates and can change after the Q2 FY27 results.

What is the Nitin Spinners share price target for 2027?

Ans. The Nitin Spinners share price target for 2027 is Rs 620 to Rs 775 in the base case, valued on 10 to 12.5 times FY28 EPS of Rs 62. The scenario range runs from Rs 330 to Rs 1,102.

Is Nitin Spinners a good buy at Rs 616.35?

Ans. Whether Nitin Spinners is a good buy at Rs 616.35 depends on your horizon, risk appetite and how you read the Nitin Spinners share price target. Profit is up 84 percent at a low multiple, but the stock has nearly doubled and yarn earnings are cyclical. Consult a SEBI-registered advisor before investing.

What are the key risks to the Nitin Spinners share price target?

Ans. The key risks to the Nitin Spinners share price target are cotton price swings, export demand, capex debt and cyclical earnings. Cotton is the main raw material. A sharp rise would squeeze the yarn spread.

What are the key catalysts for the Nitin Spinners share price target?

Ans. The key catalysts for the Nitin Spinners share price target are yarn spread recovery, export volumes, capex programme and value-added fabric. A recovery in cotton yarn spreads lifted EBITDA margin to 17.8 percent. Stable cotton prices support it.

Where can I track Nitin Spinners share price today and Nitin Spinners share price target updates?

Ans. You can track the live Nitin Spinners share price, results and any change to the Nitin Spinners share price target on the Univest Screener and the Univest App. Download the Univest iOS App or Univest Android App for research from SEBI-registered analysts.

What are Nitin Spinners's 52-week high and low?

Ans. Nitin Spinners's 52-week high is Rs 665.50 and its 52-week low is Rs 302.20, based on weekly NSE data. At Rs 616.35 the stock is 7.4 percent below the high and 104.0 percent above the low. Both levels frame the Nitin Spinners share price target.

How to buy Nitin Spinners shares?

Ans. Open a demat account with a SEBI-registered broker such as Univest, search for NITINSPIN on the NSE or 532698 on the BSE, and place a limit order near your entry price, using the Nitin Spinners share price target range as a guide. Size the position so a fall to Rs 330 is bearable, and check the live price on the Univest Screener first.