Nitco Ltd

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

Nitco Ltd

₹ 63.1 1.94%
23 Apr - close price
nitcotiles.com BSE: 532722 NSE - BE : 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 - BE
  • Market Cap ₹ 453 Cr.
  • Current Price ₹ 63.1
  • High / Low ₹ 71.0 / 16.8
  • Stock P/E
  • Book Value ₹ -57.1
  • Dividend Yield 0.00 %
  • ROCE -10.8 %
  • ROE %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Debtor days have improved from 89.4 to 70.7 days.
  • Company's working capital requirements have reduced from 182 days to 125 days

Cons

  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -2.26%
  • The company has delivered a poor sales growth of -8.61% over past five years.
  • Contingent liabilities of Rs.307 Cr.
  • Promoters have pledged 96.7% of their holding.

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
107 119 79 89 120 120 91 74 112 105 92 81 79
109 133 89 98 127 134 98 85 115 121 97 83 87
Operating Profit -2 -14 -10 -9 -7 -14 -7 -11 -2 -16 -5 -2 -8
OPM % -2% -12% -12% -10% -5% -12% -8% -16% -2% -15% -5% -3% -10%
0 1 1 5 0 1 -7 1 -6 -0 2 2 1
Interest 13 15 15 16 17 16 17 19 19 19 22 24 24
Depreciation 7 9 8 8 8 7 7 7 7 7 7 7 7
Profit before tax -23 -36 -31 -27 -30 -37 -39 -36 -34 -42 -32 -32 -39
Tax % 0% -10% 0% 0% 0% 0% 0% 0% 0% 0% -1% 0% 0%
-23 -40 -31 -27 -30 -37 -39 -36 -34 -42 -33 -32 -39
EPS in Rs -3.17 -5.59 -4.37 -3.72 -4.24 -5.18 -5.36 -5.02 -4.80 -5.87 -4.56 -4.40 -5.43
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
938 850 813 874 823 696 599 588 458 325 409 382 357
851 891 839 891 827 689 595 587 506 365 448 419 388
Operating Profit 86 -40 -26 -17 -5 7 4 2 -47 -40 -39 -37 -31
OPM % 9% -5% -3% -2% -1% 1% 1% 0% -10% -12% -10% -10% -9%
-34 1 0 -6 -2 1 249 2 41 3 7 -11 4
Interest 75 152 144 42 5 3 8 19 23 54 64 73 89
Depreciation 33 40 42 62 51 38 72 31 31 31 30 29 29
Profit before tax -55 -231 -211 -127 -63 -32 172 -47 -60 -121 -126 -151 -145
Tax % 0% 0% 0% 0% 0% 0% -12% 0% -1% -3% 0% 0%
-55 -231 -211 -127 -63 -32 193 -47 -61 -125 -126 -151 -146
EPS in Rs -17.01 -70.96 -38.62 -23.26 -11.48 -5.88 26.80 -6.53 -8.52 -17.41 -17.52 -21.05 -20.26
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -8%
5 Years: -9%
3 Years: -6%
TTM: -10%
Compounded Profit Growth
10 Years: 4%
5 Years: %
3 Years: -18%
TTM: -10%
Stock Price CAGR
10 Years: 15%
5 Years: 12%
3 Years: 51%
1 Year: 222%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 33 33 55 55 55 55 72 72 72 72 72 72 72
Reserves 447 244 38 -94 -157 -189 75 28 -17 -141 -267 -418 -482
Preference Capital 0 0 0 0 0 0 150 150 150 150 150 150
721 1,179 1,252 1,276 1,301 1,293 700 714 402 608 662 732 911
555 127 190 214 232 225 404 440 528 355 374 402 255
Total Liabilities 1,756 1,582 1,535 1,451 1,431 1,384 1,251 1,253 985 893 841 788 756
738 710 671 608 564 533 464 443 417 392 363 337 324
CWIP 3 3 5 4 2 2 3 5 4 3 3 2 2
Investments 12 31 31 27 27 27 27 27 7 7 7 7 7
1,003 838 828 811 838 821 756 778 557 491 468 442 423
Total Assets 1,756 1,582 1,535 1,451 1,431 1,384 1,251 1,253 985 893 841 788 756

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
164 -327 45 22 -14 16 430 17 23 11 5 3
-131 -48 -6 -0 -6 -9 -5 -10 -4 -1 4 -0
17 342 -50 -17 21 -10 -428 -6 -25 -6 -9 -3
Net Cash Flow 50 -34 -10 5 1 -3 -3 1 -6 4 -0 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 37 41 57 51 68 73 110 127 115 111 86 71
Inventory Days 399 290 269 228 239 272 282 288 257 333 239 260
Days Payable 336 58 103 106 117 121 142 182 154 183 159 189
Cash Conversion Cycle 101 272 223 173 190 225 251 234 218 261 166 141
Working Capital Days 70 226 59 -11 -57 -91 227 161 96 255 165 125
ROCE % 5% -6% -5% -6% -5% -3% -6% -3% -9% -10% -10% -11%

Shareholding Pattern

Numbers in percentages

7 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
53.02% 53.02% 53.02% 53.02% 53.02% 53.01% 53.01% 53.01% 53.01% 53.01% 50.18% 47.93%
0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.02% 0.14%
23.88% 23.88% 23.88% 23.88% 23.88% 23.88% 23.88% 23.66% 22.93% 16.07% 15.89% 15.19%
23.10% 23.10% 23.09% 23.10% 23.10% 23.10% 23.11% 23.32% 24.05% 30.87% 33.90% 36.73%
No. of Shareholders 19,41119,56822,50122,55522,38522,25922,01621,81922,03625,31324,43821,070

* 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