Nitin Spinners Ltd. benchmarking: Perfomance to industry peers

Financial

	Nitin Spinners	Sangam India	Pashupati Cotspin
Operational Metrics
Textiles
Capacity Utilization - Yarn	95.8 %	n/a	n/a
Realization / Kg - Yarn	263.08 Rs/Kg	n/a	n/a
Manufacuring Capacity - Yarn	110000.0 MTPA	77012.0 MTPA	n/a
Manufacturing Capacity - Knitted Fabrics	11000.0 MTPA	28.9 MTPA	n/a
Manufacturing Capacity - Woven Fabric	40.0 Mn Mtrs	n/a	n/a
Capacity Utilization - Knitted Fabric	54.47 %	n/a	n/a
Capacity Utilization - Woven Fabric	81.1 %	n/a	n/a
Realization/Tonne - Knitted Fabric	300128.53 Rs/Tonne	n/a	n/a
Realization/Metre - Woven Fabric	165.93 Rs/Metre	n/a	n/a
Financials
5 yr Average ROE	18.07 %	8.5 %	6.28 %
5yr average Equity Multiplier	2.33	2.65	2.44
5yr Average Asset Turnover Ratio	1.16	1.1	1.89
5yr Avg Net Profit Margin	6.61 %	2.71 %	1.39 %
Price to Book	1.29	2.11	8.18
P/E	10.58	57.85	101.71
5yr Avg Cash Conversion Cycle	91.69 Days	122.58 Days	44.59 Days
Inventory Days	64.06 Days	80.01 Days	24.58 Days
Days Receivable	41.46 Days	61.7 Days	32.97 Days
Days Payable	15.65 Days	32.05 Days	10.23 Days
5yr Average Interest Coverage Ratio	5.06	2.61	1.81
5yr Avg ROCE	19.01 %	13.47 %	13.89 %
5yr Avg Operating Profit Margin	15.92 %	9.89 %	4.27 %
5 yr average Debt to Equity	1.1	1.01	1.19
5yr CAGR Net Profit	20.56 %	49.84 %	27.12 %
5yr Average Return on Assets	8.14 %	3.32 %	2.75 %
Shareholdings
Promoter Holding	56.62 %	70.17 %	65.99 %
Share Pledged by Promoters	0.0	0.0	4.8 %
Change in Promoter Holding (3 Yrs)	0.26 %	-0.11 %	0.19 %
Change in Mutual Fund Holding (3 Yrs)	10.1 %	0.0	0.0

	Nitin Spinners	Sangam India	Pashupati Cotspin
Product Wise Break-Up	Product Wise Break-Up Yarn 73.12 Fabric 21.64 Knitted Fabrics 0 Denim 0 carpets 0 Terry towels 0 Garment 0 Woven Fabric with Processing 0 Denim Fabric 0 Cotton Yarn 0 PV Yarn 0 Cotton Sales 0 Yarn Sales 0 Others 5.24	Product Wise Break-Up Woven Fabric with Processing 28.0 Denim 25.0 PV Yarn 19.0 Knitted Fabrics 0 Cotton Sales 0 Garments 3.0 Cotton Yarn 25.0 carpets 0 Yarn Sales 0 Fabric 0 Yarn 0 Denim 0 Terry towels 0	Product Wise Break-Up Woven Fabric with Processing 0 Denim Fabric 0 PV Yarn 0 Knitted Fabrics 0 Cotton Sales 22.89 Garment 0 Cotton Yarn 0 carpets 0 Yarn Sales 65.59 Fabric 0 Yarn 0 Denim 0 Terry towels 0 Others 11.52
Location Wise Break-Up	Location Wise Break-Up Rest of the World 60.95 India 39.05 International 0 Domestic 0	Location Wise Break-Up International 0 India 67.0 Domestic 0 Rest of the World 33.0	Location Wise Break-Up International 1.01 India 0 India 98.99 Rest of the World 0
Raw Material Break-Up	Raw Material Break-Up Cotton 97.81 Polyster 1.19 Yarn 0.23 Others 0.77	-	-