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Ashnoor Textile Mills Ltd vs Nitin Spinners Ltd Stock Comparison

Ashnoor Textile Mills Ltd vs Nitin Spinners Ltd Stock Comparison

Last Updated on: Jun 28, 2026

Key Highlights

  • The Latest Trading Price of Ashnoor Textile Mills Ltd is ₹ 39.2 as of 25 Jun 15:30 . The P/E Ratio of Ashnoor Textile Mills Ltd changed from 3.4 on March 2021 to 4.6 on March 2025 . This represents a CAGR of 6.23% over 5 yearsThe P/E Ratio of Nitin Spinners Ltd changed from 6.6 on March 2021 to 10.2 on March 2025 . This represents a CAGR of 9.10% over 5 years The Market Cap of Ashnoor Textile Mills Ltd changed from ₹ 18.65 crore on March 2021 to ₹ 72.62 crore on March 2025 . This represents a CAGR of 31.24% over 5 yearsThe Market Cap of Nitin Spinners Ltd changed from ₹ 455.66 crore on March 2021 to ₹ 1796 crore on March 2025 . This represents a CAGR of 31.57% over 5 years The revenue of Ashnoor Textile Mills Ltd for the Mar '26 is ₹ 22.08 crore as compare to the Dec '25 revenue of ₹ 22.41 crore. This represent the decline of -1.47% The revenue of Nitin Spinners Ltd for the Mar '26 is ₹ 861.34 crore as compare to the Dec '25 revenue of ₹ 801.72 crore. This represent the growth of 7.44% The ebitda of Ashnoor Textile Mills Ltd for the Mar '26 is ₹ 1.89 crore as compare to the Dec '25 ebitda of ₹ 2.87 crore. This represent the decline of -34.15% The ebitda of Nitin Spinners Ltd for the Mar '26 is ₹ 131.94 crore as compare to the Dec '25 ebitda of ₹ 112.58 crore. This represent the growth of 17.2% The net profit of Ashnoor Textile Mills Ltd changed from ₹ 4.65 crore to ₹ 1.47 crore over 8 quarters. This represents a CAGR of -43.77% The net profit of Nitin Spinners Ltd changed from ₹ 42.12 crore to ₹ 57.36 crore over 8 quarters. This represents a CAGR of 16.70% The Dividend Payout of Ashnoor Textile Mills Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Nitin Spinners Ltd changed from 12.24 % on March 2021 to 9.61 % on March 2025 . This represents a CAGR of -4.72% over 5 years .

About Ashnoor Textile Mills Ltd

  • Incorporated in January, 1984, Ashnoor Textile Mills Limited, formerly known Gupta Carpets Udyog Limited is promoted by Mr. Suneel Gupta.
  • The Company operate production facilities at Amritsar, Agra, Mirzapur, Jaipur, Panipat and Srinagar.
  • It is engaged in manufacture and export of Terry Towels to the US. It has one plant located at Gurgaon. The Company went public in 1986 and issued equity capital worth Rs 88 lac.
  • It was followed by a rights issue in 1989 in the ratio of 1:2 at a premium of Rs 4 per share.
  • In Mar.'92, the company came out with another rights issue.

About Nitin Spinners Ltd

  • Nitin Spinners Limited was incorporated on 15th October, 1992 as a private limited Company with the name Nitin Spinners Private Limited.
  • On November 15, 1994, the company was converted into Public Limited company and the name was changed to Nitin Spinners Limited. Nitin Spinners is an ISO 9001:2008 company and a Government of India recognized Export House, manufacturing 100% Cotton and Blended Yarn, Knitted Fabrics and Woven Fabrics.
  • The company is engaged in manufacturing of Cotton and Blended Yarn, Knitted Fabrics and Woven Fabrics.
  • The company's range of products are used to manufacture products, such as apparel and garments, under garments, terry towels, woven fabrics, home furnishings, carpets, denim, industrial textiles, medical textiles and socks. In the year 1993, the company set up their first unit at Hamirgarh, Bhilwara (Rajasthan) for manufacturing coarse cotton yarns.

FAQs for the comparison of Ashnoor Textile Mills Ltd and Nitin Spinners Ltd

Which company has a larger market capitalization, Ashnoor Textile Mills Ltd or Nitin Spinners Ltd?

Market cap of Ashnoor Textile Mills Ltd is 62 Cr while Market cap of Nitin Spinners Ltd is 3,092 Cr

What are the key factors driving the stock performance of Ashnoor Textile Mills Ltd and Nitin Spinners Ltd?

The stock performance of Ashnoor Textile Mills Ltd and Nitin Spinners Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ashnoor Textile Mills Ltd and Nitin Spinners Ltd?

As of June 28, 2026, the Ashnoor Textile Mills Ltd stock price is INR ₹39.2. On the other hand, Nitin Spinners Ltd stock price is INR ₹550.1.

How do dividend payouts of Ashnoor Textile Mills Ltd and Nitin Spinners Ltd compare?

To compare the dividend payouts of Ashnoor Textile Mills Ltd and Nitin Spinners Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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