Nitin Spinners targets ₹3,800 crore revenue in FY27 with ₹1,350 crore expansion plan

Bhilwara-based Nitin Spinners expects stable yarn margins as it expands textile and renewable-energy capacity. New capacity could add ₹300-400 crore in revenue, while renewable projects are expected to save ₹65-70 crore annually.

— Source published Fri, 21 Aug, 2026, 15:16 IST · First seen Fri, 21 Aug, 2026, 15:17 IST · Source CNBC-TV18 · Companies

What happened

Nitin Spinners expects stable FY27 yarn margins and targets ₹3,800 crore revenue, supported by balanced demand-supply, fabric expansion and export

Key facts

  • ₹3,800 crore revenue target
  • ₹1,350 crore capex
  • ₹300-400 crore additional revenue from new capacity
  • ₹65-70 crore annual renewable-energy savings
  • 97.5-98% spinning capacity utilisation
  • 92% fabric capacity utilisation
  • 55-60% initial new-fabric utilisation
  • 65% current export revenue share
  • 60% export and 40% domestic long-term revenue mix
  • 4-5 months spinning ramp-up
  • 8-10 months fabric ramp-up

Why this matters

Nitin Spinners’ shift toward higher-value fabric capacity and a 60:40 export-domestic mix creates potential partnership opportunities for brands and manufacturers seeking integrated textile sourcing.

What to watch

  • Quarterly capex deployment, commissioning dates and capacity-utilization ramp for the new textile and fabric facilities.
  • Progress toward FY27 revenue run-rate and the stated ₹300-400 crore incremental revenue contribution from new capacity.
  • EBITDA margin trend versus yarn-price, cotton-price and power-cost movements.
  • Actual annual savings and execution timeline from renewable-energy projects.
  • Export order flow, apparel demand in key overseas markets and movement in the export-to-domestic revenue ratio.
  • Large customer wins in value-added fabrics or multi-season supply arrangements with brands and garment exporters.
  • Accelerate customer acquisition in value-added fabrics, targeting apparel brands, organized retailers and export garment manufacturers.
  • Shift sales mix toward domestic customers while maintaining export relationships, progressing toward the long-term 60:40 export-to-domestic mix.
  • Use renewable-energy savings to fund capacity ramp-up, reduce unit costs and defend pricing during yarn-market volatility.
  • Pursue longer-term supply agreements for cotton, yarn and fabric to improve visibility on utilization and margins.
  • Increase focus on traceable, sustainable and compliant textile offerings that can qualify for global retailer sourcing programs.