Nitin Spinners
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.
- Company typePublic
- Founded1993
- HeadquartersBhilwara, India
- Headcount1,001–5,000
- GTM typeB2B
- OfferingHardware or Manufacturing
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.
Nitin Spinners firmographics
Firmographics- 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
Nitin Spinners industry classification
Industry- 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
Where Nitin Spinners is headquartered
LocationHeadquarters
- HQ city
- Bhilwara
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Nitin Spinners business model
Business model- 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
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B textile products - custom quotations |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Nitin Spinners product offering
Product offeringCore 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
Companies that use Nitin Spinners
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Nitin Spinners technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Nitin Spinners partnerships and signals
Strategic signalScale indicators10 records
Recent moves9 records
Expansion highlights5 records
Nitin Spinners competitors and assessment
Company assessmentDirect 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
Nitin Spinners social profiles
Digital presenceNitin Spinners compliance and trust
Trust signalCompliance18 records
Nitin Spinners financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nitin Spinners leadership team
Management profileNumber of profiles
Profiles7 records
Nitin Spinners funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nitin Spinners M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nitin Spinners
What does Nitin Spinners do?
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.
Is Nitin Spinners a public or private company?
Nitin Spinners is a public company. It is classified as public and is currently operating.
When was Nitin Spinners founded?
Nitin Spinners was founded in 1993. It employs 1,001 to 5,000 people.
Where is Nitin Spinners based?
Nitin Spinners is headquartered in Bhilwara, India, in the Asia region.
How does Nitin Spinners make money?
Two revenue lines are on record. Textile Product Manufacturing and Sales are the primary driver. The others are export Revenue.
Who are Nitin Spinners's main competitors?
Direct peers on record are Vardhman Textiles Limited, KPR Mill Limited, Sutlej Textiles and Industries Limited, Nahar Spinning Mills Limited, Trident Limited and Arvind Limited. Broad incumbents are Welspun India Limited, Himatsingka Seide Limited, Birla Cellulose / Grasim Industries (Aditya Birla Group) and Raymond Limited.
Does Nitin Spinners have an API?
No public API is recorded for Nitin Spinners.
What industry is Nitin Spinners in?
Nitin Spinners's product category is Yarn and Textile Manufacturing. Its primary akta.pro industry code is IMAOAAAD, Spun Yarn Manufacturing (Ring/Open-End/Compact), with a secondary code of IMAOABAA, Greige Woven Fabric Mills. Its NAICS code is 31311 and its SIC code is 2250.