Nitin Spinners Limited - Due diligence report

A 360° intelligence report on Nitin Spinners: trust score, financial health, credit view, compliance, directors, growth and distress signals…

1992-10-15 Bhilwara, Rajasthan Active Listed Active Compliant
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Nitin Spinners — 360° Intelligence Report

Generated from MCA filings & public records
89/100
Trust Score
Low Risk

Nitin Spinners is assessed as Low Risk with a Trust Score of 89/100. Nitin Spinners is an active public limited indian non-government company incorporated in 1992, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.

Report generated on 07 Aug 2026 from the latest processed filings. Nitin Spinners Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
89/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
80/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
80/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 80/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • Open charges exceed net worth - secured lenders rank ahead.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.
  • Externally credit-rated (A).

Charges position: 5 open (2,931.70 cr) · 60 satisfied (1,026.14 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Others14 48.0 cr
Oriental Bank Of Commerce6 48.0 cr
State Bank Of India4 48.0 cr
Indian Overseas Bank9 48.0 cr
Idbi Bank Limited5 48.0 cr
Punjab National Bank6 48.0 cr
Compliance Score: 80/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RISHABH CHAND LODHA 01234567 Director 01/04/2018 6 yrs Approved
VIBHA AREN 01234567 Director 01/04/2018 6 yrs Approved
DINESH NOLKHA 01234567 Director 01/04/2018 6 yrs Approved
ROHIT SWADHEEN MEHTA 01234567 Director 01/04/2018 6 yrs Approved
PURSHOTTAM MAHESHWARI 01234567 Director 01/04/2018 6 yrs Approved
Pratyush Nolakha 01234567 Director 01/04/2018 6 yrs Approved
SUDHIR KUMAR GARG 01234567 Director 01/04/2018 6 yrs Approved
NITIN NOLAKHA 01234567 Director 01/04/2018 6 yrs Approved
  • 8 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2025 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
1 allotment(s) · 0 transfer(s)

Promoters hold a minority stake - exact percentages are part of the full report.

Key managerial personnel: DINESH NOLKHA (Whole-time director) · PURSHOTTAM MAHESHWARI (CFO) · Pratyush Nolakha (Whole-time director) · NITIN NOLAKHA (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
EPFO headcount growing - hiring signal.
Operating for 33+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
5 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence86/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment83/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 5 open charge(s) of 2,931.70 cr already registered.
  • Compliance record supports lending.
Investor view90/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
20 Apr 2026
Charge created
Others - 170.00 cr
06 Sep 2025
Last AGM held
Annual general meeting
11 Jul 2025
Charge created
Others - 815.00 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
14 Jan 2025
Charge satisfied
Others
22 Jul 2024
Director appointed
VIBHA AREN (Director)
Director appointed
Pratyush Nolakha (Whole-time director)
09 Nov 2023
Director appointed
RISHABH CHAND LODHA (Director)
11 May 2022
Charge created
Others - 655.00 cr
23 Mar 2022
Charge satisfied
Others
30 Dec 2021
Director appointed
ROHIT SWADHEEN MEHTA (Director)
10 Dec 2021
Director ceased
YESHWANTLAL RATILAL SHAH
08 Oct 2021
Charge satisfied
Others
09 Jan 2020
Charge satisfied
Others
07 Aug 2019
Charge satisfied
Hdfc Bank Limited
10

Key Observations

Auto-generated from the data above
Revenue grew 0.86 over the last 4 financial year(s).
Net profit margin moved from 61% to 38%.
Debt-to-equity stands at 1.42 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
8 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of A from Care.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 1 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Mafatlal L17110GJ1913PLC000035 Ahmedabad, Gujarat, India
Scm Garments U14101TZ2006PTC012698 Tirupur, Tamil Nadu, India
Sangam L17118RJ1984PLC003173 Bhilwara, Rajasthan, India
Sanathan L17299DN2005PLC005690 Silvassa, Dadra & Nagar Haveli, India
Nahar Spinning Mills L17115PB1980PLC004341 Ludhiana Punjab, Punjab, India
Procter & Gamble L24239MH1964PLC012971 Mumbai, Maharashtra, India
Garden Vareli U17111WB1979PTC259452 Kolkata, West Bengal, India
Alok Industries L17110DN1986PLC000334 Silvassa, Dadra & Nagar Haveli, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Nitin Spinners before audits and certifications: compliance score 80/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Nitin Spinners: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Nitin Spinners - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 89/100, distress signals and MSME payment-delay disclosures - know whether Nitin Spinners pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Nitin Spinners - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Nitin Spinners an active company?

Nitin Spinners has MCA status “Active” with a compliance score of 80/100 (Low Risk).

Is Nitin Spinners financially healthy?

Nitin Spinners has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Nitin Spinners?

Its overall Trust Score is 89/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Nitin Spinners?

Promoters hold a minority stake - exact percentages are in the full report. 8 active director(s) are on record.

Does Nitin Spinners have loans or charges against its assets?

5 open charge(s) are registered against its assets, and 60 earlier charge(s) stand satisfied.

Is Nitin Spinners up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 80/100 (Low Risk).

Is it risky to lend to Nitin Spinners?

Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.