Nidhi Granites

Who are the top shareholders of the Nidhi Granites?

The top shareholders of Nidhi Granites include Devan Narendra Pandya with 66.75%, followed by public shareholder Nayana Balubhai Bhatt at 13.53%. Individual investors hold a combined 31.43%, with no mutual funds or foreign institutional investors currently involved.

The top shareholders of Nidhi Granites are primarily the promoters, with Devan Narendra Pandya holding the largest share at 66.75%. The highest public shareholder is Nayana Balubhai Bhatt, who owns 13.53%. Additionally, individual investors collectively hold 31.43% of the shares. There are currently no holdings from mutual funds or foreign institutional investors.

When is the next results date for Nidhi Granites?

No Upcoming Board Meetings

What does Nidhi Granites do?

Nidhi Granites Ltd, established in 1981, primarily trades in shares and securities while also operating in the granite business. As of March 2025, it reported net sales of 10 Cr and a net loss of 1 Cr, with a market cap of Rs 139 Cr.

Overview: <BR>Nidhi Granites Ltd is engaged in trading in shares, securities, and other investments, operating within the Miscellaneous industry and classified as a Micro Cap company.<BR><BR>History: <BR>Nidhi Granites Ltd was established in 1981 and initially focused on the granite blocks and tiles business. The company incorporated a subsidiary, SPNP Paper and Pack Private Limited, on March 10, 2021. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 10 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 139 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 74.00 <BR>Industry P/E: 8 <BR>Dividend Yield: 0.00% <BR>Debt Equity: 0.08 <BR>Return on Equity: 16.14% <BR>Price to Book: 9.56 <BR><BR>Contact Details: <BR>Address: 9 Popat Bapa Shopping Centre, 2nd Flr Station Rd Santacruz-W Mumbai Maharashtra : 400054 <BR>Tel: 91-22-2006743 <BR>Email: pushpraj2018@gmail.com/ashkta@redif <BR>Website: http://www.nidhigranites.com

What is the bonus history of the Nidhi Granites?

Nidhi Granites has announced a 1:1 bonus issue effective May 2, 2024, meaning shareholders will receive one additional share for each share owned on that date.

Nidhi Granites has a recent bonus history that includes a 1:1 bonus issue, which is set to take effect on May 2, 2024. The record date for this bonus is also May 2, 2024. This means that shareholders on that date will receive one additional share for every share they own. If you have any more questions about Nidhi Granites or need further details, feel free to ask!

Has Nidhi Granites declared dividend?

No Dividend History Available

Who are the peers of the Nidhi Granites?

Nidhi Granites' peers include Coal India, Doms Industries, Sandur Manganese, and others, with varying management risks and growth rates. Nidhi Granites has a 1-year return of 54.16%, higher than Coal India's -23.44% but lower than Doms Industries' 32.42%.

Peers: The peers of Nidhi Granites are Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, Aesthetik, Rockingdeals Cir, Priti Internati., and Pulz Electronics.<BR><BR>Quality Snapshot: Excellent management risk is observed at Coal India, Sandur Manganese, and Aesthetik, while Good management risk is found at Doms Industries, Priti Internati., Pulz Electronics, and the rest. Average management risk is noted at Navneet Educat. and Flair Writing, while Below Average management risk is seen at Nidhi Granites and Rockingdeals Cir, along with Mitcon Consult. In terms of Growth, Excellent growth is seen at Coal India, Doms Industries, Sandur Manganese, and Aesthetik, while Average growth is noted at Nidhi Granites, and Below Average growth is found at Navneet Educat., Flair Writing, Priti Internati., and Pulz Electronics, with the rest showing Below Average growth. For Capital Structure, Excellent capital structure is observed at Coal India, Doms Industries, Sandur Manganese, Navneet Educat., Flair Writing, Priti Internati., and Pulz Electronics, while Good capital structure is noted at Aesthetik, and Below Average capital structure is seen at Rockingdeals Cir and Mitcon Consult.<BR><BR>Return Snapshot: Doms Industries has the highest 1-year return at 32.42%, while Coal India has the lowest at -23.44%. Nidhi Granites has a 1-year return of 54.16%, which is significantly higher than Coal India but lower than Doms Industries. Additionally, peers such as Sandur Manganese, Flair Writing, and Mitcon Consult have negative six-month returns.

Is Nidhi Granites overvalued or undervalued?

As of October 27, 2023, Nidhi Granites is considered very expensive with a PE ratio of 72.88 and significantly higher valuation metrics compared to peers like Coal India and NMDC, despite its strong past year performance of 48.40% against the Sensex's 7.58%.

As of 27 October 2023, the valuation grade for Nidhi Granites has moved from attractive to very expensive, indicating a significant shift in its perceived market value. The company is currently considered overvalued, with a PE ratio of 72.88, an EV to EBITDA of 127.67, and a Price to Book Value of 9.40. These ratios suggest that investors are paying a premium for the stock compared to its earnings and book value.<BR><BR>In comparison to its peers, Nidhi Granites stands out with a much higher PE ratio than Coal India, which has a PE of 6.95, and NMDC at 9.74, both of which are significantly lower and indicate more attractive valuations. Additionally, while Nidhi Granites has a PEG ratio of 0.40, suggesting potential growth, the overall high valuation metrics signal caution. The stock has outperformed the Sensex over the past year, returning 48.40% compared to the Sensex's 7.58%, but this does not mitigate the concerns regarding its current overvaluation.

What is the technical trend for Nidhi Granites?

As of June 6, 2025, Nidhi Granites shows a mildly bullish trend supported by the weekly MACD and Bollinger Bands, despite mixed signals from the monthly MACD and daily moving averages indicating short-term weakness.

As of 6 June 2025, the technical trend for Nidhi Granites has changed from sideways to mildly bullish. The weekly MACD is bullish, supporting the positive outlook, while the monthly MACD is mildly bearish, indicating some caution. Bollinger Bands are bullish on both weekly and monthly time frames, reinforcing the upward momentum. The Dow Theory also shows a mildly bullish stance on both weekly and monthly charts. However, daily moving averages are mildly bearish, suggesting short-term weakness. Overall, the current technical stance is mildly bullish, driven primarily by the weekly MACD and Bollinger Bands, despite some mixed signals from other indicators.

Who are in the management team of Nidhi Granites?

As of March 2023, the management team of Nidhi Granites includes Devan Pandya (Chairman & Director), Darpan Deepak Shah (Managing Director), Shreya Pandya (Director), and independent directors Amit Sinkar and Amit Patankar.

As of March 2023, the management team of Nidhi Granites includes the following individuals:<BR><BR>1. Devan Pandya - Chairman & Director<BR>2. Darpan Deepak Shah - Managing Director<BR>3. Shreya Pandya - Director<BR>4. Amit Sinkar - Independent Director<BR>5. Amit Patankar - Independent Director<BR><BR>These members form the board of directors for the company.

How big is Nidhi Granites?

As of 24th July, Nidhi Granites Ltd has a market capitalization of 171.00 Cr, with recent net sales of 45.27 Cr and a net profit of 1.91 Cr. The company has shareholder's funds of 14.88 Cr and total assets of 21.99 Cr.

As of 24th July, Nidhi Granites Ltd has a market capitalization of 171.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nidhi Granites reported Net Sales of 45.27 Cr and a Net Profit of 1.91 Cr.<BR><BR>For the reporting period of March 2025, the company has Shareholder's Funds amounting to 14.88 Cr and Total Assets of 21.99 Cr.

How has been the historical performance of Nidhi Granites?

Nidhi Granites has experienced significant growth from Mar'21 to Mar'25, with net sales increasing from 0.00 Cr to 45.28 Cr and profit after tax rising from 0.07 Cr to 1.92 Cr. The company also improved its earnings per share from 0.93 to 2.4 and achieved positive cash flow from operating activities of 1.00 Cr in Mar'25.

Answer:<BR>The historical performance of Nidhi Granites shows significant growth over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Nidhi Granites has demonstrated a robust increase in net sales, rising from 0.00 Cr in Mar'21 to 45.28 Cr in Mar'25. The total operating income followed a similar upward trend, reaching 45.28 Cr in Mar'25, compared to just 15.83 Cr in Mar'22. The company's total expenditure also increased, but at a slower pace, resulting in an operating profit (PBDIT) of 3.16 Cr in Mar'25, up from 0.01 Cr in Mar'21. Profit before tax saw a substantial rise to 2.53 Cr in Mar'25 from 0.02 Cr in Mar'21, and profit after tax reached 1.92 Cr in Mar'25, compared to 0.07 Cr in Mar'21. The earnings per share (EPS) improved significantly, reaching 2.4 in Mar'25 from 0.93 in Mar'21. On the balance sheet, total assets increased to 21.99 Cr in Mar'25 from 2.13 Cr in Mar'21, while total liabilities rose to 21.99 Cr from 2.13 Cr in the same period. Cash flow from operating activities turned positive at 1.00 Cr in Mar'25, contrasting with negative cash flows in previous years. Overall, Nidhi Granites has shown a strong upward trajectory in both revenue and profitability metrics over the past five years.

Are Nidhi Granites Ltd latest results good or bad?

Nidhi Granites Ltd's latest Q2 FY26 results show a significant decline in net profit and sales compared to the previous quarter, but year-on-year growth indicates a positive long-term trajectory. Overall, the results reflect a temporary setback rather than underlying business weakness.

Nidhi Granites Ltd's latest results for Q2 FY26 reflect a mixed performance. On one hand, the company reported a net profit of ₹1.29 crore, which is a significant decline of 42.41% compared to the previous quarter. Similarly, net sales fell by 33.47% quarter-on-quarter, coming in at ₹13.18 crore. However, when viewed year-on-year, both net profit and net sales show positive growth, with net profit increasing by 17.27% and net sales by 8.93% compared to Q2 FY25.<BR><BR>The decline in performance this quarter seems to be a normalization following an exceptional Q1 FY26, where the company experienced remarkable growth in both revenues and profits. Despite the sequential drop, the operating margin remained relatively stable at 15.63%, and the PAT margin of 9.79% is still within the company's historical range.<BR><BR>Overall, while the quarterly results may seem disappointing due to the substantial declines compared to the previous quarter, the year-on-year growth indicates that the company is maintaining a positive trajectory in the longer term. The stock has also shown exceptional long-term returns, significantly outperforming broader market indices. Therefore, the results can be viewed as a temporary setback rather than a sign of underlying weakness in the business.

Should I buy, sell or hold Nidhi Granites Ltd?

Why is Nidhi Granites Ltd falling/rising?

As of 04-Mar, Nidhi Granites Ltd is experiencing a stock price decline to 307.95, down 3.43%. This is due to underperformance relative to its sector, decreased investor participation, and high valuation concerns despite strong long-term growth.

As of 04-Mar, Nidhi Granites Ltd is experiencing a decline in its stock price, currently at 307.95, which reflects a change of -10.95 (-3.43%). This drop can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed its sector by 3% today, indicating a weaker performance relative to its peers. It opened with a loss of 2.82% and reached an intraday low of Rs 295, marking a significant decline of 7.49% during the trading session. Additionally, the stock has shown erratic trading behavior, not trading on one day out of the last 20 days, which may contribute to investor uncertainty.<BR><BR>Investor participation has also decreased, with delivery volume falling by 81.68% against the 5-day average, suggesting a lack of interest from investors. Although the stock is liquid enough for trading, the overall sentiment appears negative, as indicated by the weighted average price being closer to the low price of the day.<BR><BR>Moreover, while the company has reported strong long-term growth and positive financial results over the past quarters, it faces risks such as a high Price to Book Value ratio, indicating an expensive valuation compared to its peers. Additionally, 40.26% of promoter shares are pledged, which can exert downward pressure on the stock price in a falling market.<BR><BR>In summary, the combination of poor short-term performance, declining investor participation, and high valuation concerns are contributing to the falling stock price of Nidhi Granites Ltd.

Which are the latest news on Nidhi Granites?