Nikita Greentech Recycling Ltd

Nikita Greentech Recycling Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Nikita Greentech Recycling Ltd

₹ 118 -3.08%
01 Dec - close price
nikitapapers.com NSE - SME: NIKITA
About

Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of paper and paper products.[1]

Key Points

Product Portfolio[1]
The company manufactures Kraft Paper in various grades, including:
a) Corrugation Paper: 120–200 GSM, 18–32 BF.
b) Fluting Paper: 100 GSM, 18–22 BF.
c) Carry Bag Paper: 80–120 GSM, 22–30 BF.
These Products have a wide range of applications, including Corrugated boxes, bags, and packaging for food, pharma, electronics, and more.

Website NSE - ST
  • Market Cap ₹ 291 Cr.
  • Current Price ₹ 118
  • High / Low ₹ 155 / 77.2
  • Stock P/E 15.1
  • Book Value ₹ 70.5
  • Dividend Yield 0.00 %
  • ROCE 16.6 %
  • ROE 24.9 %
  • Face Value ₹ 10.0
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Pros

  • Company has delivered good profit growth of 97.8% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.15.5 Cr.
  • Working capital days have increased from 40.3 days to 64.5 days

* 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

Commodities Forest Materials Paper, Forest & Jute Products Paper & Paper Products

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Half Yearly Results

Figures in Rs. Crores

Mar 2024 Sep 2024 Mar 2025 Sep 2025
179 166 198 178
156 146 174 162
Operating Profit 23 20 24 16
OPM % 13% 12% 12% 9%
10 7 8 8
Interest 8 8 9 10
Depreciation 6 5 5 5
Profit before tax 20 14 18 10
Tax % 36% 29% 30% 34%
13 10 13 6
EPS in Rs 6.95 5.57 7.10 2.56
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
99 117 355 398 338 363 377
91 105 327 371 298 318 336
Operating Profit 8 12 28 28 40 45 40
OPM % 8% 11% 8% 7% 12% 12% 11%
0 0 2 3 13 15 15
Interest 4 5 11 11 14 17 18
Depreciation 3 4 11 10 10 10 10
Profit before tax 2 3 8 10 29 33 28
Tax % 56% 6% 15% 12% 28% 30%
1 3 7 9 21 23 19
EPS in Rs 11.40 12.67 9.66
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 30%
3 Years: 1%
TTM: 9%
Compounded Profit Growth
10 Years: %
5 Years: 98%
3 Years: 49%
TTM: -3%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 22%
3 Years: 23%
Last Year: 25%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 5 5 9 9 18 18 25
Reserves 16 19 37 46 63 86 149
82 153 125 163 189 223 240
9 15 64 39 34 56 59
Total Liabilities 111 192 235 257 304 383 473
24 99 88 79 96 86 81
CWIP 32 1 6 19 0 2 14
Investments 0 0 1 1 1 1 1
56 92 140 157 207 293 376
Total Assets 111 192 235 257 304 383 473

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-1 -10 28 -13 -12 -20
-32 -48 -11 -14 -3 -2
34 59 -16 27 18 17
Net Cash Flow 2 1 1 0 3 -5

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 109 155 89 85 134 110
Inventory Days 61 150 65 53 69 86
Days Payable 28 49 73 29 28 55
Cash Conversion Cycle 142 257 80 109 175 142
Working Capital Days 47 82 32 26 31 64
ROCE % 6% 11% 11% 16% 17%

Shareholding Pattern

Numbers in percentages

16 Recently
May 2025Sep 2025
58.95% 58.95%
8.61% 3.01%
1.57% 0.07%
30.88% 37.97%
No. of Shareholders 2,290903

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls