Nidhi Granites Ltd

Nidhi Granites Ltd

₹ 337 -4.99%
21 Jul - close price
About

Incorporated in 1981, Nidhi Granites Ltd is a manufacturer of granite and marble slabs,
tiles, and sandstone and limestone products.

Key Points

Product Profile:[1]
Grey Sandstone, Granites, Marbles, Granite Blocks, Rajasthan black granite, Floor Marble, Sandstone Marbles

  • Market Cap 269 Cr.
  • Current Price 337
  • High / Low 481 / 181
  • Stock P/E
  • Book Value 14.2
  • Dividend Yield 0.00 %
  • ROCE -12.4 %
  • ROE -10.6 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 23.7 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.53% over past five years.
  • Company has a low return on equity of -0.67% over last 3 years.
  • Promoter holding has decreased over last 3 years: -3.50%

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
0.29 0.00 0.00 0.00 0.28 0.00 0.00 0.00 0.17 0.10 0.00 0.00 0.07
0.30 0.06 0.06 0.02 0.32 0.08 0.03 0.02 0.20 0.44 0.38 0.37 0.47
Operating Profit -0.01 -0.06 -0.06 -0.02 -0.04 -0.08 -0.03 -0.02 -0.03 -0.34 -0.38 -0.37 -0.40
OPM % -3.45% -14.29% -17.65% -340.00% -571.43%
0.03 0.01 0.09 0.00 0.15 0.38 1.01 0.25 -0.26 0.00 0.00 0.00 0.00
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 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 0.00
Profit before tax 0.02 -0.05 0.03 -0.02 0.11 0.30 0.98 0.23 -0.29 -0.34 -0.38 -0.37 -0.40
Tax % 200.00% 0.00% 33.33% 0.00% 18.18% 13.33% 12.24% 39.13% -13.79% -17.65% -13.16% -13.51% -15.00%
-0.02 -0.05 0.02 -0.02 0.08 0.26 0.87 0.14 -0.25 -0.28 -0.33 -0.32 -0.33
EPS in Rs -0.04 -0.09 0.02 -0.02 0.10 0.32 1.09 0.18 -0.31 -0.35 -0.41 -0.40 -0.41
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.07 0.22 0.29 0.15 0.21 0.13 0.15 0.11 0.54 0.28 1.56 0.17
0.08 0.41 0.29 0.19 0.19 0.46 0.13 0.18 0.39 0.47 0.33 1.66
Operating Profit -0.01 -0.19 0.00 -0.04 0.02 -0.33 0.02 -0.07 0.15 -0.19 1.23 -1.49
OPM % -14.29% -86.36% 0.00% -26.67% 9.52% -253.85% 13.33% -63.64% 27.78% -67.86% 78.85% -876.47%
0.10 0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.25 0.00 0.00
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 0.08 0.00 -0.04 0.02 -0.33 0.02 -0.07 0.15 0.06 1.23 -1.49
Tax % 11.11% 12.50% 0.00% 150.00% -18.18% -250.00% 0.00% 26.67% 50.00% 17.89% -14.77%
0.08 0.07 0.00 -0.04 -0.01 -0.27 0.07 -0.07 0.11 0.03 1.01 -1.27
EPS in Rs 0.53 0.47 0.00 -0.27 -0.07 -1.80 0.47 -0.47 0.21 0.04 1.26 -1.59
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: -3%
5 Years: 3%
3 Years: -32%
TTM: -89%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -226%
Stock Price CAGR
10 Years: 33%
5 Years: 52%
3 Years: 103%
1 Year: 62%
Return on Equity
10 Years: -1%
5 Years: 0%
3 Years: -1%
Last Year: -11%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.75 2.65 4.00 8.00 8.00
Reserves 1.30 1.37 1.37 1.32 1.57 1.30 1.37 3.66 6.00 7.61 4.62 3.35
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.02 0.01 0.03 0.02 0.14 0.08 0.01 0.01 0.04 0.10 0.30 0.08
Total Liabilities 2.07 2.13 2.15 2.09 2.46 2.13 2.13 4.42 8.69 11.71 12.92 11.43
0.05 0.05 0.05 0.00 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 1.40 1.36 1.98 1.98 2.30 2.07 0.00 4.26 6.33 10.83 12.21 11.28
0.62 0.72 0.12 0.11 0.16 0.06 2.13 0.16 2.36 0.88 0.71 0.15
Total Assets 2.07 2.13 2.15 2.09 2.46 2.13 2.13 4.42 8.69 11.71 12.92 11.43

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
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 -0.60
0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.36 4.13 2.93 0.00 0.00
Net Cash Flow -0.05 -0.04 -0.09 0.01 -0.01 0.00 2.07 -1.98 1.93 -1.23 -0.20 -0.55
Free Cash Flow 0.06 -0.07 -0.60 -0.14 -0.21 -0.06 -0.16 -0.19 -0.39 0.09 -0.20 0.06
CFO/OP -500% 42% 350% -1,050% 18% -800% 271% -233% -47% -16% -4%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 182.50 0.00 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 0.00
Working Capital Days 573.57 962.27 25.17 48.67 121.67 -84.23 0.00 33.18 196.02 13.04 -53.81 -42.94
ROCE % 4.49% -0.96% -0.94% -1.91% 0.91% -15.10% 0.96% -2.14% 2.30% 0.59% 10.15% -12.43%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Construction material segment revenue share
% of consolidated revenue

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Financial Technology and related services segment revenue share
% of consolidated revenue
Garments segment revenue share
% of consolidated revenue
Number of active business segments
count
Number of operating subsidiaries
count
Paper and Paperboard segment revenue share
% of consolidated revenue

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75%
33.24% 33.24% 33.24% 33.25% 33.24% 33.25% 33.25% 33.25% 33.24% 33.23% 33.24% 33.25%
No. of Shareholders 7197117929801,0381,1101,1761,1721,1351,1451,1441,162

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