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 ₹ 269 Cr.
- Current Price ₹ 337
- High / Low ₹ 481 / 181
- Stock P/E 35.1
- Book Value ₹ 28.2
- Dividend Yield 0.00 %
- ROCE 51.0 %
- ROE 41.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 156% CAGR over last 5 years
- Company's working capital requirements have reduced from 72.5 days to 58.0 days
Cons
- Stock is trading at 12.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0.15 | 15.91 | 25.64 | 39.09 | 47.29 | 65.47 | |
| 0.13 | 15.05 | 24.38 | 36.95 | 43.76 | 52.85 | |
| Operating Profit | 0.02 | 0.86 | 1.26 | 2.14 | 3.53 | 12.62 |
| OPM % | 13.33% | 5.41% | 4.91% | 5.47% | 7.46% | 19.28% |
| 0.00 | 0.03 | 0.03 | -0.01 | 0.00 | 0.01 | |
| Interest | 0.00 | 0.11 | 0.21 | 0.45 | 0.37 | 0.31 |
| Depreciation | 0.00 | 0.27 | 0.45 | 0.72 | 0.63 | 1.57 |
| Profit before tax | 0.02 | 0.51 | 0.63 | 0.96 | 2.53 | 10.75 |
| Tax % | -250.00% | 39.22% | 31.75% | 28.12% | 24.11% | 28.56% |
| 0.07 | 0.30 | 0.44 | 0.68 | 1.92 | 7.68 | |
| EPS in Rs | 0.47 | 2.00 | 0.83 | 0.85 | 2.40 | 9.60 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 237% |
| 3 Years: | 37% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 156% |
| 3 Years: | 159% |
| TTM: | 294% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 52% |
| 3 Years: | 103% |
| 1 Year: | 62% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 20% |
| 3 Years: | 24% |
| Last Year: | 41% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.75 | 0.75 | 2.65 | 4.00 | 8.00 | 8.00 |
| Reserves | 1.37 | 4.04 | 6.70 | 8.96 | 6.88 | 14.54 |
| 0.00 | 0.97 | 3.29 | 4.47 | 3.17 | 2.77 | |
| 0.01 | 2.46 | 3.98 | 4.32 | 3.93 | 7.32 | |
| Total Liabilities | 2.13 | 8.22 | 16.62 | 21.75 | 21.98 | 32.63 |
| 0.00 | 0.91 | 2.15 | 3.35 | 5.04 | 9.73 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.53 |
| Investments | 0.00 | 0.26 | 0.51 | 0.76 | 2.15 | 0.61 |
| 2.13 | 7.05 | 13.96 | 17.64 | 14.79 | 21.76 | |
| Total Assets | 2.13 | 8.22 | 16.62 | 21.75 | 21.98 | 32.63 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| -0.16 | 0.19 | -2.12 | -1.11 | 1.50 | 5.80 | |
| 2.22 | -3.26 | -0.62 | -3.22 | -0.39 | -3.00 | |
| 0.00 | 2.30 | 5.27 | 3.15 | -0.91 | -1.94 | |
| Net Cash Flow | 2.07 | -0.77 | 2.53 | -1.19 | 0.20 | 0.87 |
| Free Cash Flow | -0.16 | -0.31 | -2.84 | -2.55 | -1.47 | 0.80 |
| CFO/OP | -800% | 45% | -151% | -36% | 55% | 63% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 100.25 | 72.60 | 66.76 | 36.35 | 51.01 |
| Inventory Days | 25.35 | 36.54 | 28.34 | 49.53 | 50.78 | |
| Days Payable | 48.79 | 62.25 | 41.16 | 27.91 | 37.55 | |
| Cash Conversion Cycle | 0.00 | 76.81 | 46.88 | 53.95 | 57.98 | 64.23 |
| Working Capital Days | 0.00 | 72.27 | 84.56 | 97.58 | 61.98 | 57.98 |
| ROCE % | 15.74% | 9.13% | 9.44% | 16.57% | 51.01% |
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 |
|
||||||||||
| 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
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jul - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026; no demat/remat requests received.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jul - Compliances-Certificate under Reg 74 (5) of SEBI(DP) regulations for 30th June 2026.
-
Submission Of Data Required To Determine Large Corporate Status For FY 2025-26
26 Jun - Company submitted FY2025-26 data and confirmed it is not a Large Corporate.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
26 Jun - Newspaper publication of 44th Annual General Meeting Notice for 2025-2026.
- Corporate Action- Record Date Or Cut-Off Date For The AGM Is 15Th July 2026. 25 Jun
Annual reports
-
Financial Year 2026
from bse
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2013
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Product Profile:[1]
Grey Sandstone, Granites, Marbles, Granite Blocks, Rajasthan black granite, Floor Marble, Sandstone Marbles