*Nitin Spinners Ltd.* | *CMP* Rs. 78 | *M Cap* Rs. 438 Cr | *52 W H/L* 96/24
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 466.8 Cr (9.3% QoQ, 16% YoY) vs QoQ Rs. 426.9 Cr, YoY Rs. 402.2 Cr
EBIDTA came at Rs. 74.1 Cr (33.7% QoQ, 75.5% YoY) vs QoQ Rs. 55.4 Cr, YoY Rs. 42.2 Cr
EBITDA Margin came at 15.9% vs QoQ 13%, YoY 10.5%
Adj. PAT came at Rs. 23.2 Cr vs QoQ Rs. 11.9 Cr, YoY Rs. 5.8 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 13.5x TTM EPS