Nitco Ltd

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

Nitco Ltd

₹ 126 -1.10%
22 May 9:39 a.m.
nitcotiles.com BSE: 532722 NSE: NITCO
About

Incorporated in 1966, NITCO Ltd is in the tiles and marble business[1]

Key Points

Business Overview:[1]
Company is a manufacturer of Tiles. It has 50+ retail outlets in India which sells designer bathroom tiles, designer kitchen, outdoor tiles, commercial tiles, etc. It has a collection of wall tiles, floor tiles & marble, etc. and has expanded its customer base to overseas

Website BSE NSE
  • Market Cap ₹ 2,886 Cr.
  • Current Price ₹ 126
  • High / Low ₹ 149 / 63.2
  • Stock P/E
  • Book Value ₹ 11.4
  • Dividend Yield 0.00 %
  • ROCE -44.4 %
  • ROE %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.

Cons

  • Stock is trading at 11.1 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -30.6%
  • The company has delivered a poor sales growth of -7.42% over past five years.
  • Promoter holding is low: 16.2%
  • Promoters have pledged 87.8% of their holding.
  • Debtor days have increased from 62.7 to 75.4 days.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 168 days to 279 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

Sector: Trading Industry: Trading

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
119.79 90.59 73.71 112.25 105.12 91.90 80.51 79.42 71.19 69.31 65.47 84.05 92.93
133.96 97.94 85.19 114.55 121.28 96.85 82.68 87.43 92.78 80.37 76.08 89.75 99.38
Operating Profit -14.17 -7.35 -11.48 -2.30 -16.16 -4.95 -2.17 -8.01 -21.59 -11.06 -10.61 -5.70 -6.45
OPM % -11.83% -8.11% -15.57% -2.05% -15.37% -5.39% -2.70% -10.09% -30.33% -15.96% -16.21% -6.78% -6.94%
0.73 -6.78 1.38 -5.83 -0.11 1.71 1.83 0.55 0.72 1.16 12.76 -472.60 9.81
Interest 16.44 17.01 18.59 18.94 18.82 21.95 23.97 24.23 25.03 26.47 26.95 10.56 2.31
Depreciation 7.37 7.38 7.40 7.40 7.07 7.24 7.33 7.34 7.25 7.15 7.22 169.88 2.99
Profit before tax -37.25 -38.52 -36.09 -34.47 -42.16 -32.43 -31.64 -39.03 -53.15 -43.52 -32.02 -658.74 -1.94
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 1.02% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-37.25 -38.52 -36.10 -34.47 -42.17 -32.76 -31.65 -39.02 -53.15 -43.52 -32.02 -658.73 -1.94
EPS in Rs -5.18 -5.36 -5.02 -4.80 -5.87 -4.56 -4.40 -5.43 -7.40 -6.06 -4.46 -91.67 -0.08
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
813 874 823 696 599 588 458 325 409 382 323 312
839 891 827 689 595 587 506 365 448 419 360 346
Operating Profit -26 -17 -5 7 4 2 -47 -40 -39 -37 -37 -34
OPM % -3% -2% -1% 1% 1% 0% -10% -12% -10% -10% -11% -11%
0 -6 -2 1 249 2 41 3 7 -11 5 -449
Interest 144 42 5 3 8 19 23 54 64 73 95 66
Depreciation 42 62 51 38 72 31 31 31 30 29 29 187
Profit before tax -211 -127 -63 -32 172 -47 -60 -121 -126 -151 -156 -736
Tax % 0% 0% 0% 0% -12% 0% 1% 3% 0% 0% 0% 0%
-211 -127 -63 -32 193 -47 -61 -125 -126 -151 -157 -736
EPS in Rs -38.62 -23.26 -11.48 -5.88 26.80 -6.53 -8.52 -17.41 -17.52 -21.05 -21.79 -32.19
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -10%
5 Years: -7%
3 Years: -9%
TTM: -3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -75%
Stock Price CAGR
10 Years: 23%
5 Years: 54%
3 Years: 65%
1 Year: 60%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 55 55 55 55 72 72 72 72 72 72 72 229
Reserves 38 -94 -157 -189 92 45 -17 -141 -267 -418 -574 33
1,252 1,276 1,301 1,293 850 864 552 758 812 882 965 213
190 214 232 225 236 272 378 205 224 252 236 308
Total Liabilities 1,535 1,451 1,431 1,384 1,251 1,253 985 893 841 788 698 783
671 608 564 533 464 443 417 392 363 337 309 84
CWIP 5 4 2 2 3 5 4 3 3 2 2 2
Investments 31 27 27 27 27 27 7 7 7 7 7 9
828 811 838 821 756 778 557 491 468 442 380 687
Total Assets 1,535 1,451 1,431 1,384 1,251 1,253 985 893 841 788 698 783

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
45 22 -14 16 430 17 23 11 5 3 -1 -139
-6 -0 -6 -9 -5 -10 -4 -1 4 -0 -1 3
-50 -17 21 -10 -428 -6 -25 -6 -9 -3 -3 220
Net Cash Flow -10 5 1 -3 -3 1 -6 4 -0 -1 -4 84

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 57 51 68 73 110 127 115 111 86 71 42 75
Inventory Days 269 228 239 272 282 288 257 333 239 260 294 506
Days Payable 103 106 117 121 142 182 154 183 159 189 225 143
Cash Conversion Cycle 223 173 190 225 251 234 218 261 166 141 111 438
Working Capital Days 59 -11 -57 -91 227 161 96 255 165 125 101 279
ROCE % -5% -6% -5% -3% -6% -3% -9% -10% -10% -11% -12% -44%

Shareholding Pattern

Numbers in percentages

10 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
53.02% 53.01% 53.01% 53.01% 53.01% 53.01% 50.18% 47.93% 47.81% 46.78% 46.78% 16.23%
0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 0.14% 0.21% 0.85% 1.97% 0.41%
23.88% 23.88% 23.88% 23.66% 22.93% 16.07% 15.89% 15.19% 14.04% 8.39% 5.98% 1.88%
23.10% 23.10% 23.11% 23.32% 24.05% 30.87% 33.90% 36.73% 37.92% 43.96% 45.26% 81.48%
No. of Shareholders 22,38522,25922,01621,81922,03625,31324,43821,07021,22322,02822,90222,290

* 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

Credit ratings