Nitco Ltd
- Market Cap ₹ 1,603 Cr.
- Current Price ₹ 69.7
- High / Low ₹ 164 / 65.2
- Stock P/E 42.4
- Book Value ₹ 13.2
- Dividend Yield 0.00 %
- ROCE -42.9 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is expected to give good quarter
Cons
- Stock is trading at 5.29 times its book value
- The company has delivered a poor sales growth of -7.35% 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.15.8 Cr.
- Debtor days have increased from 62.3 to 74.8 days.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -36.8%
- Working capital days have increased from -352 days to 274 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
Consumer Discretionary Consumer Durables Consumer Durables Ceramics
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 831 | 885 | 832 | 716 | 610 | 595 | 460 | 327 | 411 | 384 | 325 | 314 | 483 | |
| 845 | 883 | 813 | 692 | 606 | 596 | 506 | 376 | 450 | 421 | 368 | 349 | 459 | |
| Operating Profit | -14 | 2 | 19 | 24 | 4 | -2 | -46 | -49 | -39 | -37 | -43 | -35 | 24 |
| OPM % | -2% | 0% | 2% | 3% | 1% | -0% | -10% | -15% | -10% | -10% | -13% | -11% | 5% |
| 2 | 2 | -1 | 2 | 253 | 2 | 28 | -3 | 7 | -11 | 5 | -448 | 16 | |
| Interest | 150 | 50 | 12 | 8 | 14 | 22 | 23 | 54 | 64 | 73 | 96 | 70 | 11 |
| Depreciation | 47 | 70 | 63 | 50 | 81 | 39 | 31 | 31 | 30 | 29 | 29 | 188 | -5 |
| Profit before tax | -209 | -116 | -57 | -32 | 162 | -61 | -71 | -136 | -126 | -151 | -163 | -741 | 34 |
| Tax % | 1% | 2% | 2% | 4% | -14% | -2% | 2% | 3% | 0% | 0% | 0% | 0% | |
| -211 | -118 | -58 | -34 | 185 | -60 | -72 | -140 | -126 | -151 | -163 | -741 | 34 | |
| EPS in Rs | -38.59 | -21.82 | -11.00 | -6.10 | 26.29 | -7.47 | -10.05 | -19.05 | -17.55 | -21.05 | -22.68 | -32.40 | 1.48 |
| 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: | 65% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 111% |
| 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
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 36 | -92 | -153 | -184 | 93 | 40 | -8 | -144 | -270 | -421 | -584 | 18 | 73 |
| 1,298 | 1,336 | 1,351 | 1,335 | 878 | 885 | 732 | 758 | 812 | 882 | 973 | 291 | 306 | |
| 267 | 251 | 278 | 280 | 304 | 311 | 232 | 238 | 258 | 285 | 269 | 384 | 378 | |
| Total Liabilities | 1,655 | 1,550 | 1,531 | 1,485 | 1,348 | 1,308 | 1,028 | 923 | 871 | 818 | 730 | 921 | 987 |
| 782 | 712 | 666 | 624 | 548 | 518 | 458 | 396 | 368 | 341 | 314 | 137 | 117 | |
| CWIP | 10 | 6 | 3 | 3 | 4 | 6 | 5 | 5 | 4 | 4 | 4 | 4 | 5 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 864 | 831 | 862 | 858 | 795 | 783 | 565 | 522 | 499 | 472 | 412 | 779 | 864 | |
| Total Assets | 1,655 | 1,550 | 1,531 | 1,485 | 1,348 | 1,308 | 1,028 | 923 | 871 | 818 | 730 | 921 | 987 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 51 | 11 | 9 | 31 | 370 | 25 | 35 | 12 | 5 | 3 | -9 | -148 | |
| -14 | -1 | -12 | -10 | -6 | -11 | -4 | -2 | 4 | -0 | -0 | 4 | |
| -46 | -15 | 4 | -25 | -367 | -16 | -36 | -8 | -9 | -3 | 5 | 228 | |
| Net Cash Flow | -9 | -4 | -0 | -4 | -3 | -2 | -5 | 2 | -0 | -1 | -4 | 84 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 69 | 77 | 121 | 129 | 115 | 111 | 86 | 70 | 42 | 75 |
| Inventory Days | 432 | 374 | 392 | 438 | 403 | 350 | 294 | 385 | 279 | 302 | 345 | 572 |
| Days Payable | 119 | 124 | 143 | 146 | 186 | 211 | 173 | 183 | 159 | 189 | 224 | 142 |
| Cash Conversion Cycle | 370 | 301 | 318 | 369 | 338 | 268 | 235 | 313 | 206 | 184 | 162 | 505 |
| Working Capital Days | 87 | 1 | -60 | -160 | 200 | 134 | 65 | -104 | -397 | -543 | -788 | 274 |
| ROCE % | -4% | -5% | -3% | -2% | -6% | -4% | -8% | -11% | -11% | -11% | -14% | -43% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Ratio ・Includes some standalone data |
|
||||||||||
| Number of Direct Dealers Number ・Standalone data |
|||||||||||
| Number of Franchise Stores Number ・Standalone data |
|||||||||||
| Tile Manufacturing Capacity Million SQM ・Standalone data |
|||||||||||
| Outstanding Order Book (Prestige Estates) Rs. Crore ・Standalone data |
|||||||||||
| Total Land Bank Size Acres |
|||||||||||
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Mar - Newspaper publication - Special Window for Transfer and Dematerialization of Physical Shares
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
18 Feb - Newspaper publication of notice of postal ballot & intimation of remote E-Voting information
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 17 Feb
-
Announcement under Regulation 30 (LODR)-Investor Presentation
14 Feb - Submission of Investors Presentation for Q3 FY 2026
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
13 Feb - Monitoring agency reports utilization of Rs.625.21 crore preferential issue till Dec 31, 2025; no deviations; ~5% unutilized.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from nse
-
Financial Year 2012
from bse
Concalls
-
Feb 2026TranscriptAI SummaryPPT
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