Nitin Spinners

What Nitin Spinners does

Nitin Spinners Limited is an Indian publicly listed textile manufacturer (BSE: 532698, NSE: NITINSPIN), headquartered in Bhilwara, Rajasthan, producing cotton and blended yarns, knitted fabrics, and finished & printed woven fabrics for global apparel, workwear, technical textile and home textile buyers across 50+ countries. The company operates a fully integrated production model that spans spinning, weaving, knitting, dyeing, printing and finishing, supported by 4,34,832 spindles, 264 airjet spinning positions, 5,864 rotors, 222 airjet looms, 77 knitting machines and 36 million metres per annum of fabric processing capacity, distributed across 12 units at two locations (Hamirgarh/Bhilwara and Begun/Chittorgarh). Manufacturing technology is sourced from global OEMs including Rieter, Trutzschler, Uster, Karl Mayer, Picanol, Benninger and Monfort, with quality assurance through USTER testers, JamesHeal, Mathis pilot plant and DataColor spectrophotometers, and R&D via an in-house design studio. Sustainability infrastructure includes 18.8 MW of captive solar capacity and a Zero Liquid Discharge plant, and the company holds 18+ certifications (ISO 9001/14001/45001/50001, SA 8000, Oeko-Tex, GOTS, OCS, GRS, BCI, Fairtrade, Supima, Giza, Cotton USA, RegenAgri, Higg Index).

The business model is B2B, export-led and quote-based. FY25 revenue from operations was Rs 3,305.65 crore, of which Rs 2,111.07 crore (~64%) came from exports, declining to Rs 3,213.87 crore in FY26 (-2.78% YoY) while net profit grew 1.21% to Rs 177.55 crore. Pricing is determined through direct commercial negotiations with global apparel manufacturers, fashion brands, technical textile buyers and workwear suppliers rather than publicly listed rates, and the company maintains multi-year relationships with major international buyers without disclosed long-term fixed contracts. The go-to-market motion is direct enterprise field sales supplemented by a corporate website and LinkedIn presence, with brand credibility reinforced by repeated Texprocil export awards. Ownership remains anchored by the founding Nolkha family, with Dinesh Nolkha as Chairman & Managing Director and Nitin Nolakha as Managing Director, supported by an independent-director-majority board following recent board refreshments.

Name

Nitin Spinners

Legal name

Nitin Spinners Limited

Website

https://nitinspinners.com

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Nitin Spinners Limited is an Indian publicly listed textile manufacturer producing cotton and blended yarns, knitted fabrics, and finished and printed woven fabrics from integrated facilities in Rajasthan, exporting approximately 64% of output to global apparel, workwear and technical textile buyers across more than 50 countries.

Ownership category

akta.pro rank

Product category

Yarn and Textile Manufacturing

NAICS

Fiber, Yarn, and Thread Mills (31311), Knit Fabric Mills (31324), Broadwoven Fabric Mills (313210), Textile Mills (313)

SIC

Knitting Mills (2250), Broadwoven Fabric Mills, Cotton (2211), Textile Mill Products (2200)

akta.pro primary industry

Spun Yarn Manufacturing (Ring/Open-End/Compact) (IMAOAAAD)

akta.pro secondary industries

Greige Woven Fabric Mills (IMAOABAA), Knitted Fabric Mills (IMAOABAB)

Keywords

• Yarn manufacturing
• Woven fabric production
• Knitted fabric manufacturing
• Cotton textile spinning
• Finished fabric processing

Headquarters

HQ city

Bhilwara

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Others, Technology or R&D, Marketing or Sales

Revenue model

1. Textile Product Manufacturing and Sales: Nitin Spinners generates revenue through manufacturing and sale of cotton & blended yarns, finished & printed woven fabrics, and knitted fabrics. The company operates with significant export orientation, with FY25 export revenue of Rs 2111.07 crore out of total revenue of Rs 3305.65 crore.
2. Export Revenue: The company exports to over 50 countries and earns substantial foreign exchange. Export revenue was Rs 2111.07 crore in FY25, representing approximately 64% of total revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Nitin Spinners Limited is an Indian textile manufacturer producing cotton and blended yarns, finished and printed woven fabrics, and greige knitted fabrics through fully integrated spinning, weaving, knitting, dyeing, printing, and finishing operations. The company sells these textile products directly to global apparel manufacturers, fashion brands, and technical textile buyers across more than 50 countries, with export revenue accounting for approximately 64% of total revenue.

Product overview

Nitin Spinners is a textile manufacturing company offering three core product lines: Yarns (cotton and blended spun yarns), Finished & Printed Woven Fabrics (dyed, printed, and specialty-finished woven textiles), and Knitted Fabrics (greige knitted fabrics). The company operates a fully integrated production model that transforms fiber into finished fabrics, with manufacturing facilities in Bhilwara and Begun, Rajasthan.

Differentiator

Problem solved

Functional benefit

Products and services

• Yarns Cotton and blended spun yarns for apparel, technical textile, and industrial end-uses. Range includes ring spun, compact ring spun, open end, poly/cotton blends, fancy slub, organic, BCI-certified, and recycled fiber yarns in counts from Ne 6 to Ne 100. Targeted at global apparel manufacturers and technical textile producers.
• Finished and Printed Woven Fabrics Dyed and printed woven fabrics made from 100% cotton and blends, including cotton spandex, poly/cotton, RFD, bleached, and specialty-finished variants (Teflon, wrinkle-free, water repellent) for fashion, apparel, uniform, healthcare, hotel, industrial/protective, and defense wear applications. Targeted at finished apparel producers and workwear manufacturers.
• Knitted Fabrics Greige knitted fabrics including single jersey, lycra blended, pique, interlock, rib, and fleece structures with up to 10% elasticity. Targeted at manufacturers of innerwear, comfort wear, sportswear, winterwear, and babywear.

Quantifiable outcome

• 30+ years of industry experience and leading market position in cotton yarn exports
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Vardhman Textiles Limited: One of India's largest integrated textile manufacturers producing cotton and blended yarns, woven and knitted fabrics. Closely comparable to Nitin Spinners in product mix (yarn + woven/knit fabrics), export orientation, scale and integration from spinning to processing.
• KPR Mill Limited: Indian textile manufacturer with cotton yarn, knitted and woven fabrics and garmenting capacity. Compares directly to Nitin Spinners across spinning, knitting and fabric processing, serving apparel brands globally at comparable scale.
• Sutlej Textiles and Industries Limited: Indian manufacturer of cotton and blended yarns, woven and knitted fabrics, home textiles. Closely comparable to Nitin Spinners on cotton yarn and value-added fabric production with similar export focus and customer types.
• Nahar Spinning Mills Limited: Indian cotton and blended yarn manufacturer with knitted fabric and garmenting operations. Direct peer in the cotton yarn space, with overlapping technology stack (Rieter/Lakshmi machinery) and similar end markets.
• Trident Limited: Indian integrated textile player with cotton yarn, terry towels, bed linen and paper. Comparable to Nitin Spinners in cotton yarn capacity and vertical integration, with similarly strong export mix to global apparel and home textile brands.
• Arvind Limited: Indian textile manufacturer with leading positions in denim, woven fabrics, and advanced materials including technical textiles. Overlaps Nitin Spinners in woven/knit fabrics and B2B apparel supply, but with a heavier branded apparel and retail exposure.

Broad incumbents

• Welspun India Limited: Large Indian home textiles manufacturer with cotton yarn, terry towels, bed linen and rugs. Compares with Nitin Spinners in cotton spinning, sustainability certifications and global export reach, though more concentrated in home textiles.
• Himatsingka Seide Limited: Indian manufacturer of home textiles, terry towels and technical textiles with vertical integration from yarn to finished products. Comparable in cotton-based yarn-to-fabric integration and export orientation, though tilted toward home rather than apparel markets.
• Birla Cellulose / Grasim Industries (Aditya Birla Group): Large Indian conglomerate with Birla Cellulose as the global viscose staple fibre leader and Grasim's textiles/linen businesses. Adjacent comparable given scale of textile operations and global brand relationships, although anchored in man-made fibre rather than cotton.
• Raymond Limited: Diversified Indian textile conglomerate spanning worsted suiting fabrics, ready-to-wear, engineering and FMCG. Overlaps with Nitin Spinners in cotton/mixed woven fabric production, but at much larger scale and with a stronger branded retail position.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nitin-spinners-limited/?originalSubdomain=in
• Facebookfacebook.com/profile.php

Compliance18 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nitin Spinners