Nidhi Granites Ltd

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

Nidhi Granites Ltd

₹ 223 -0.54%
11 Dec 4:00 p.m.
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 ₹ 178 Cr.
  • Current Price ₹ 223
  • High / Low ₹ 253 / 44.7
  • Stock P/E 74.6
  • Book Value ₹ 18.5
  • Dividend Yield 0.00 %
  • ROCE 9.44 %
  • ROE 6.19 %
  • Face Value ₹ 10.0
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Pros

  • Company is expected to give good quarter

Cons

  • Stock is trading at 12.0 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 6.60% over last 3 years.
  • Earnings include an other income of Rs.2.01 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

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
3.09 5.65 4.38 6.11 6.08 6.85 5.93 7.78 8.68 10.66 11.38 9.28 12.10
3.18 4.99 4.09 5.91 5.81 6.61 5.72 7.49 8.39 9.88 11.19 8.54 11.66
Operating Profit -0.09 0.66 0.29 0.20 0.27 0.24 0.21 0.29 0.29 0.78 0.19 0.74 0.44
OPM % -2.91% 11.68% 6.62% 3.27% 4.44% 3.50% 3.54% 3.73% 3.34% 7.32% 1.67% 7.97% 3.64%
0.00 0.04 0.10 0.00 0.16 0.11 0.11 0.07 0.14 0.10 0.26 0.51 1.14
Interest 0.03 0.03 0.02 0.04 0.04 0.08 0.06 0.09 0.17 0.09 0.10 0.11 0.11
Depreciation 0.07 0.07 0.07 0.09 0.10 0.14 0.13 0.16 0.18 0.19 0.19 0.17 0.17
Profit before tax -0.19 0.60 0.30 0.07 0.29 0.13 0.13 0.11 0.08 0.60 0.16 0.97 1.30
Tax % 0.00% 20.00% 26.67% 0.00% 31.03% 15.38% 69.23% 27.27% 25.00% 25.00% 43.75% 21.65% 15.38%
-0.19 0.48 0.22 0.08 0.20 0.12 0.04 0.08 0.06 0.45 0.09 0.75 1.10
EPS in Rs -1.27 3.20 1.47 0.53 1.33 0.34 0.08 0.15 0.08 0.56 0.11 0.94 1.38
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.15 15.91 25.64 39.09 43.42
0.13 15.05 24.38 36.95 41.27
Operating Profit 0.02 0.86 1.26 2.14 2.15
OPM % 13.33% 5.41% 4.91% 5.47% 4.95%
0.00 0.03 0.03 -0.01 2.01
Interest 0.00 0.11 0.21 0.45 0.41
Depreciation 0.00 0.27 0.45 0.72 0.72
Profit before tax 0.02 0.51 0.63 0.96 3.03
Tax % -250.00% 39.22% 31.75% 28.12%
0.07 0.30 0.44 0.68 2.39
EPS in Rs 0.47 2.00 0.83 0.85 2.99
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 539%
TTM: 49%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 114%
TTM: 697%
Stock Price CAGR
10 Years: 26%
5 Years: 82%
3 Years: 82%
1 Year: 374%
Return on Equity
10 Years: %
5 Years: %
3 Years: 7%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.75 0.75 2.65 4.00 8.00
Reserves 1.37 4.04 6.70 8.96 6.81
0.00 0.97 3.29 4.47 3.90
0.01 2.46 3.98 4.32 9.24
Total Liabilities 2.13 8.22 16.62 21.75 27.95
0.00 0.91 2.15 3.35 3.32
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.26 0.51 0.76 2.16
2.13 7.05 13.96 17.64 22.47
Total Assets 2.13 8.22 16.62 21.75 27.95

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

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

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.83% 66.83% 66.83% 66.83% 69.03% 70.25% 70.25% 66.75% 66.75% 66.75% 66.75% 66.75%
33.17% 33.17% 33.17% 33.16% 30.96% 29.76% 29.76% 33.24% 33.24% 33.24% 33.25% 33.24%
No. of Shareholders 7036636536556496466927197117929801,038

Documents

Announcements

Annual reports