Nitco Ltd
- Market Cap ₹ 2,025 Cr.
- Current Price ₹ 84.2
- High / Low ₹ 119 / 64.0
- Stock P/E
- Book Value ₹ 15.2
- Dividend Yield 0.00 %
- ROCE 7.16 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 5.55 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 10.6% over past five years.
- Promoter holding is low: 24.0%
- Company might be capitalizing the interest cost
- Promoters have pledged 67.1% of their holding.
- Debtor days have increased from 76.7 to 113 days.
- Promoter holding has decreased over last 3 years: -29.0%
- Working capital days have increased from -73.3 days to 294 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 Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 885 | 832 | 716 | 610 | 595 | 460 | 327 | 411 | 384 | 325 | 314 | 542 | 508 | |
| 883 | 813 | 692 | 606 | 596 | 506 | 376 | 450 | 421 | 368 | 512 | 517 | 541 | |
| Operating Profit | 2 | 19 | 24 | 4 | -2 | -46 | -49 | -39 | -37 | -43 | -197 | 25 | -33 |
| OPM % | 0.2% | 2.2% | 3.3% | 0.6% | -0.3% | -10% | -15% | -10% | -10% | -13% | -63% | 4.5% | -6% |
| 2 | -1 | 2 | 253 | 2 | 28 | -3 | 7 | -11 | 5 | -448 | 25 | 7 | |
| Interest | 50 | 12 | 8 | 14 | 22 | 23 | 54 | 64 | 73 | 96 | 70 | 10 | 10 |
| Depreciation | 70 | 63 | 50 | 81 | 39 | 31 | 31 | 30 | 29 | 29 | 25 | 10 | -7 |
| Profit before tax | -116 | -57 | -32 | 162 | -61 | -71 | -136 | -126 | -151 | -163 | -741 | 29 | -29 |
| Tax % | 2% | 2% | 4% | -14% | -2% | 2% | 3% | 0% | 0% | 0% | 0% | 0% | |
| -118 | -58 | -34 | 185 | -60 | -72 | -140 | -126 | -151 | -163 | -741 | 29 | -29 | |
| EPS in Rs | -21.82 | -11.00 | -6.10 | 26.29 | -7.47 | -10.05 | -19.47 | -17.55 | -21.05 | -22.68 | -32.40 | 1.20 | -1.23 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -4% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 18% |
| 3 Years: | 31% |
| TTM: | 87% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 30% |
| 3 Years: | 64% |
| 1 Year: | -27% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 11% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 55 | 55 | 55 | 72 | 72 | 72 | 72 | 72 | 72 | 72 | 229 | 241 |
| Reserves | -92 | -153 | -184 | 93 | 40 | -8 | -144 | -270 | -421 | -584 | 18 | 124 |
| 1,336 | 1,351 | 1,335 | 878 | 885 | 732 | 758 | 812 | 882 | 973 | 274 | 314 | |
| 251 | 278 | 280 | 304 | 311 | 232 | 238 | 258 | 285 | 269 | 400 | 411 | |
| Total Liabilities | 1,550 | 1,531 | 1,485 | 1,348 | 1,308 | 1,028 | 923 | 871 | 818 | 730 | 921 | 1,090 |
| 712 | 666 | 624 | 548 | 518 | 458 | 396 | 368 | 341 | 314 | 137 | 120 | |
| CWIP | 6 | 3 | 3 | 4 | 6 | 5 | 5 | 4 | 4 | 4 | 4 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 831 | 862 | 858 | 795 | 783 | 565 | 522 | 499 | 472 | 412 | 779 | 958 | |
| Total Assets | 1,550 | 1,531 | 1,485 | 1,348 | 1,308 | 1,028 | 923 | 871 | 818 | 730 | 921 | 1,090 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 11 | 9 | 31 | 370 | 25 | 35 | 12 | 5 | 3 | -9 | -148 | -153 | |
| -1 | -12 | -10 | -6 | -11 | -4 | -2 | 4 | -0 | -0 | 4 | -10 | |
| -15 | 4 | -25 | -367 | -16 | -36 | -8 | -9 | -3 | 5 | 228 | 102 | |
| Net Cash Flow | -4 | -0 | -4 | -3 | -2 | -5 | 2 | -0 | -1 | -4 | 84 | -60 |
| Free Cash Flow | 9 | -4 | 21 | 364 | 14 | 31 | 10 | 8 | 2 | -9 | -142 | -162 |
| CFO/OP | 650% | 51% | 126% | 11,001% | -1,423% | -50% | -24% | -12% | -8% | 20% | 74% | -622% |
Ratios
Consolidated / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 51 | 69 | 77 | 121 | 129 | 115 | 111 | 86 | 70 | 42 | 75 | 113 |
| Inventory Days | 374 | 392 | 438 | 403 | 350 | 294 | 385 | 279 | 302 | 345 | 572 | 453 |
| Days Payable | 124 | 143 | 146 | 186 | 211 | 173 | 183 | 159 | 189 | 224 | 142 | 119 |
| Cash Conversion Cycle | 301 | 318 | 369 | 338 | 268 | 235 | 313 | 206 | 184 | 162 | 505 | 447 |
| Working Capital Days | 1 | -60 | -160 | 200 | 134 | 65 | -104 | -397 | -543 | -788 | 274 | 294 |
| ROCE % | -5% | -3% | -2% | -6% | -4% | -8% | -11% | -11% | -11% | -14% | -44% | 7% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Franchise Stores Number ・Standalone data |
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| Order Book / Key Account LoIs INR Crores ・Standalone data |
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| Real Estate Land Bank Acres ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Closure of Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY27 results.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board appointed Arihant Kothari as Company Secretary, Compliance Officer and KMP effective September 15, 2026.
-
Appointment of Company Secretary and Compliance Officer
- Nitco appointed Arihant Kothari as Company Secretary and Compliance Officer effective September 15, 2026.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from nse
Business Overview:[1]
The 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 over
seas