Nidhi Granites Ltd
Incorporated in 1981, Nidhi Granites Ltd is a manufacturer of granite and marble slabs,
tiles, and sandstone and limestone products.
- Market Cap ₹ 139 Cr.
- Current Price ₹ 174
- High / Low ₹ 253 / 86.2
- Stock P/E 138
- Book Value ₹ 15.8
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 8.34 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 11.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.00% over last 3 years.
- Earnings include an other income of Rs.1.39 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.07 | 0.22 | 0.29 | 0.15 | 0.21 | 0.13 | 0.15 | 0.11 | 0.54 | 0.54 | 0.17 | |
0.15 | 0.08 | 0.41 | 0.29 | 0.19 | 0.19 | 0.46 | 0.13 | 0.18 | 0.39 | 0.48 | 0.33 | |
Operating Profit | -0.15 | -0.01 | -0.19 | 0.00 | -0.04 | 0.02 | -0.33 | 0.02 | -0.07 | 0.15 | 0.06 | -0.16 |
OPM % | -14.29% | -86.36% | 0.00% | -26.67% | 9.52% | -253.85% | 13.33% | -63.64% | 27.78% | 11.11% | -94.12% | |
0.24 | 0.10 | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.39 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.09 | 0.09 | 0.08 | 0.00 | -0.04 | 0.02 | -0.33 | 0.02 | -0.07 | 0.15 | 0.06 | 1.23 |
Tax % | 11.11% | 11.11% | 12.50% | 0.00% | 150.00% | -18.18% | -250.00% | 0.00% | 26.67% | 50.00% | 17.89% | |
0.08 | 0.08 | 0.07 | 0.00 | -0.04 | -0.01 | -0.27 | 0.07 | -0.07 | 0.11 | 0.03 | 1.01 | |
EPS in Rs | 0.53 | 0.53 | 0.47 | 0.00 | -0.27 | -0.07 | -1.80 | 0.47 | -0.47 | 0.21 | 0.04 | 1.26 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 16% |
TTM: | -69% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 42% |
3 Years: | 154% |
TTM: | 3267% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 73% |
3 Years: | 74% |
1 Year: | 50% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 0.75 | 2.65 | 4.00 | 8.00 |
Reserves | 1.21 | 1.30 | 1.37 | 1.37 | 1.32 | 1.57 | 1.30 | 1.37 | 3.66 | 6.00 | 7.61 | 4.62 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
0.01 | 0.02 | 0.01 | 0.03 | 0.02 | 0.14 | 0.08 | 0.01 | 0.01 | 0.04 | 0.10 | 0.30 | |
Total Liabilities | 1.97 | 2.07 | 2.13 | 2.15 | 2.09 | 2.46 | 2.13 | 2.13 | 4.42 | 8.69 | 11.71 | 12.92 |
0.05 | 0.05 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 1.30 | 1.40 | 1.36 | 1.98 | 1.98 | 2.30 | 2.07 | 0.00 | 4.26 | 6.33 | 10.83 | 12.21 |
0.62 | 0.62 | 0.72 | 0.12 | 0.11 | 0.16 | 0.06 | 2.13 | 0.16 | 2.36 | 0.88 | 0.71 | |
Total Assets | 1.97 | 2.07 | 2.13 | 2.15 | 2.09 | 2.46 | 2.13 | 2.13 | 4.42 | 8.69 | 11.71 | 12.92 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.03 | 0.06 | -0.07 | -0.60 | -0.14 | -0.21 | -0.06 | -0.16 | -0.19 | -0.39 | 0.09 | -0.20 | |
0.06 | -0.11 | 0.03 | 0.51 | 0.15 | 0.20 | 0.06 | 2.22 | -4.15 | -1.82 | -4.24 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.36 | 4.13 | 2.93 | 0.00 | |
Net Cash Flow | 0.09 | -0.05 | -0.04 | -0.09 | 0.01 | -0.01 | 0.00 | 2.07 | -1.98 | 1.93 | -1.23 | -0.20 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 182.50 | 0.00 | 0.00 | |
Inventory Days | 278.10 | 121.67 | 1,460.00 | 657.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
Cash Conversion Cycle | 0.00 | 278.10 | 121.67 | 1,460.00 | 657.00 | 0.00 | 0.00 | 0.00 | 182.50 | 0.00 | 0.00 | |
Working Capital Days | 573.57 | 962.27 | 25.17 | 48.67 | 121.67 | -84.23 | 0.00 | 33.18 | 196.02 | 6.76 | 107.35 | |
ROCE % | 0.52% | 4.49% | -0.96% | -0.94% | -1.91% | 0.91% | -15.10% | 0.96% | -2.14% | 2.30% | 0.59% | 10.15% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Publication of Audited Financial Results for the quarter and financial year ended on 31st March2025
- Results For The Fourth Quarter And Financial Year Ended On 31St March 2025 29 May
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Board Meeting Outcome for Outcome Of Board Meeting Held On 29Th May 2025 In Accordance With SEBI (Listing And Obligations And Disclosure Requirements) Regulations, 2015
29 May - Nidhi Granites approved FY25 audited standalone and consolidated results; appointed secretarial auditors for 5 years.
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Board Meeting Intimation for Notice Of Board Meeting For Approving The Standalone And Consolidated Audited Financial Results For The Financial Year And Fourth Quarter Ended On 31St March 2025
16 May - Board meeting on 29 May 2025 to approve FY25 audited financial results; trading window closed from 1 April.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Compliance Certificate under Reg 74 (5) of SEBI (DP) Regulations for quarter and financial year ended 31st March 2025.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2013
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
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Financial Year 2008
from bse
Product Profile:[1] Grey Sandstone, Granites, Marbles, Granite Blocks, Rajasthan black granite, Floor Marble, Sandstone Marbles