Nidhi Granites Ltd

Nidhi Granites Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nidhi Granites Ltd

₹ 257 1.98%
14 Aug - close price
Company website BSE: 512103
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

Website BSE
  • Market Cap ₹ 206 Cr.
  • Current Price ₹ 257
  • High / Low ₹ 259 / 86.2
  • Stock P/E 60.5
  • Book Value ₹ 18.6
  • Dividend Yield 0.00 %
  • ROCE 16.6 %
  • ROE 14.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Debtor days have improved from 58.6 to 36.4 days.
  • Company's working capital requirements have reduced from 81.4 days to 62.0 days

Cons

  • Stock is trading at 13.8 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 9.58% over last 3 years.
  • Promoters have pledged or encumbered 40.3% of their holding.
  • Earnings include an other income of Rs.1.61 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.

Peer comparison

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
6.11 6.08 6.85 5.93 7.78 8.68 10.66 11.38 9.28 12.10 13.41 10.48 19.81
5.91 5.81 6.61 5.72 7.49 8.39 9.88 11.19 8.54 11.66 12.51 11.07 16.58
Operating Profit 0.20 0.27 0.24 0.21 0.29 0.29 0.78 0.19 0.74 0.44 0.90 -0.59 3.23
OPM % 3.27% 4.44% 3.50% 3.54% 3.73% 3.34% 7.32% 1.67% 7.97% 3.64% 6.71% -5.63% 16.30%
0.00 0.16 0.11 0.11 0.07 0.14 0.10 0.26 0.51 1.14 0.51 -0.11 0.07
Interest 0.04 0.04 0.08 0.06 0.09 0.17 0.09 0.10 0.11 0.11 0.08 0.07 0.05
Depreciation 0.09 0.10 0.14 0.13 0.16 0.18 0.19 0.19 0.17 0.17 0.16 0.13 0.20
Profit before tax 0.07 0.29 0.13 0.13 0.11 0.08 0.60 0.16 0.97 1.30 1.17 -0.90 3.05
Tax % 0.00% 31.03% 15.38% 69.23% 27.27% 25.00% 25.00% 43.75% 21.65% 15.38% 19.66% -3.33% 26.56%
0.08 0.20 0.12 0.04 0.08 0.06 0.45 0.09 0.75 1.10 0.94 -0.88 2.24
EPS in Rs 0.53 1.33 0.34 0.08 0.15 0.08 0.56 0.11 0.94 1.38 1.18 -1.10 2.80
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
0.15 15.91 25.64 39.09 47.29 55.80
0.13 15.05 24.38 36.95 43.76 51.82
Operating Profit 0.02 0.86 1.26 2.14 3.53 3.98
OPM % 13.33% 5.41% 4.91% 5.47% 7.46% 7.13%
0.00 0.03 0.03 -0.01 0.00 1.61
Interest 0.00 0.11 0.21 0.45 0.37 0.31
Depreciation 0.00 0.27 0.45 0.72 0.63 0.66
Profit before tax 0.02 0.51 0.63 0.96 2.53 4.62
Tax % -250.00% 39.22% 31.75% 28.12% 24.11%
0.07 0.30 0.44 0.68 1.92 3.40
EPS in Rs 0.47 2.00 0.83 0.85 2.40 4.26
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 44%
TTM: 40%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 87%
TTM: 152%
Stock Price CAGR
10 Years: 38%
5 Years: 87%
3 Years: 102%
1 Year: 53%
Return on Equity
10 Years: %
5 Years: %
3 Years: 10%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.75 0.75 2.65 4.00 8.00
Reserves 1.37 4.04 6.70 8.96 6.88
0.00 0.97 3.29 4.47 3.17
0.01 2.46 3.98 4.32 3.93
Total Liabilities 2.13 8.22 16.62 21.75 21.98
0.00 0.91 2.15 3.35 5.04
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.26 0.51 0.76 2.15
2.13 7.05 13.96 17.64 14.79
Total Assets 2.13 8.22 16.62 21.75 21.98

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-0.16 0.19 -2.12 -1.11 1.50
2.22 -3.26 -0.62 -3.22 -0.39
0.00 2.30 5.27 3.15 -0.91
Net Cash Flow 2.07 -0.77 2.53 -1.19 0.20

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 0.00 100.25 72.60 66.76 36.35
Inventory Days 25.35 36.54 28.34 49.53
Days Payable 48.79 62.25 41.16 27.91
Cash Conversion Cycle 0.00 76.81 46.88 53.95 57.98
Working Capital Days 0.00 72.27 84.56 97.58 61.98
ROCE % 15.74% 9.13% 9.44% 16.57%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
66.83% 69.03% 70.25% 70.25% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75% 66.75%
33.16% 30.96% 29.76% 29.76% 33.24% 33.24% 33.24% 33.25% 33.24% 33.25% 33.25% 33.25%
No. of Shareholders 6556496466927197117929801,0381,1101,1761,172

Documents

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