Nitco Ltd

Nitco Ltd

₹ 69.7 5.77%
10 Mar - close price
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

  • Market Cap 1,603 Cr.
  • Current Price 69.7
  • High / Low 164 / 65.2
  • Stock P/E 37.6
  • Book Value 14.0
  • Dividend Yield 0.00 %
  • ROCE -44.7 %
  • ROE %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 5.00 times its book value
  • 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.
  • Earnings include an other income of Rs.12.7 Cr.
  • Debtor days have increased from 62.7 to 75.4 days.
  • Promoter holding has decreased over last 3 years: -36.8%
  • Working capital days have increased from -341 days to 265 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
112 105 92 81 79 71 69 65 84 93 150 107 131
115 121 97 83 87 93 80 76 90 99 100 121 137
Operating Profit -2 -16 -5 -2 -8 -22 -11 -11 -6 -6 50 -13 -6
OPM % -2% -15% -5% -3% -10% -30% -16% -16% -7% -7% 33% -13% -4%
-6 -0 2 2 1 1 1 13 -473 10 3 2 -2
Interest 19 19 22 24 24 25 26 27 11 2 1 1 1
Depreciation 7 7 7 7 7 7 7 7 170 3 3 -14 2
Profit before tax -34 -42 -32 -32 -39 -53 -44 -32 -659 -2 49 2 -11
Tax % 0% 0% 1% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-34 -42 -33 -32 -39 -53 -44 -32 -659 -2 49 2 -11
EPS in Rs -4.80 -5.87 -4.56 -4.40 -5.43 -7.40 -6.06 -4.46 -91.67 -0.08 2.15 0.09 -0.46
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 TTM
813 874 823 696 599 588 458 325 409 382 323 312 481
839 891 827 689 595 587 506 365 448 419 360 346 457
Operating Profit -26 -17 -5 7 4 2 -47 -40 -39 -37 -37 -34 24
OPM % -3% -2% -1% 1% 1% 0% -10% -12% -10% -10% -11% -11% 5%
0 -6 -2 1 249 2 41 3 7 -11 5 -449 13
Interest 144 42 5 3 8 19 23 54 64 73 95 66 5
Depreciation 42 62 51 38 72 31 31 31 30 29 29 187 -7
Profit before tax -211 -127 -63 -32 172 -47 -60 -121 -126 -151 -156 -736 39
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 39
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 1.70
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: 66%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 113%
Stock Price CAGR
10 Years: 6%
5 Years: 25%
3 Years: 48%
1 Year: -33%
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 Sep 2025
Equity Capital 55 55 55 55 72 72 72 72 72 72 72 229 229
Reserves 38 -94 -157 -189 92 45 -17 -141 -267 -418 -574 33 91
1,252 1,276 1,301 1,293 850 864 552 758 812 882 965 213 243
190 214 232 225 236 272 378 205 224 252 236 308 287
Total Liabilities 1,535 1,451 1,431 1,384 1,251 1,253 985 893 841 788 698 783 850
671 608 564 533 464 443 417 392 363 337 309 84 65
CWIP 5 4 2 2 3 5 4 3 3 2 2 2 3
Investments 31 27 27 27 27 27 7 7 7 7 7 9 9
828 811 838 821 756 778 557 491 468 442 380 687 772
Total Assets 1,535 1,451 1,431 1,384 1,251 1,253 985 893 841 788 698 783 850

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 269 228 239 272 282 288 257 333 239 260 294 509
Days Payable 103 106 117 121 142 182 154 183 159 189 225 144
Cash Conversion Cycle 223 173 190 225 251 234 218 261 166 141 111 441
Working Capital Days 38 -45 -107 -151 227 161 96 -81 -381 -526 -762 265
ROCE % -5% -6% -5% -3% -6% -3% -9% -10% -10% -11% -12% -45%

Insights

In beta
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtors Turnover Ratio
Ratio

Log in to view insights

Please log in to see hidden values.

Login
Number of Direct Dealers
Number
Number of Franchise Stores
Number
Tile Manufacturing Capacity
Million SQM
Outstanding Order Book (Prestige Estates)
Rs. Crore
Total Land Bank Size
Acres

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
53.01% 53.01% 53.01% 50.18% 47.93% 47.81% 46.78% 46.78% 16.23% 16.23% 16.21% 16.21%
0.00% 0.00% 0.02% 0.02% 0.14% 0.21% 0.85% 1.97% 0.41% 2.05% 2.30% 2.18%
23.66% 22.93% 16.07% 15.89% 15.19% 14.04% 8.39% 5.98% 1.88% 2.35% 2.24% 1.68%
23.32% 24.05% 30.87% 33.90% 36.73% 37.92% 43.96% 45.26% 81.48% 79.35% 79.25% 79.93%
No. of Shareholders 21,81922,03625,31324,43821,07021,22322,02822,90222,29021,99725,09525,736

* 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