Nidhi Granites

Which are the latest news on Nidhi Granites?

Why is Nidhi Granites Ltd falling/rising?

As of 18-Jul, Nidhi Granites Ltd's stock price is at 370.95, showing no change from the previous session. Despite a short-term rise today, the stock has faced recent declines and declining investor participation, indicating mixed signals in its overall performance.

As of 18-Jul, Nidhi Granites Ltd's stock price is currently at 370.95, showing no change from the previous trading session. However, there are several factors influencing its recent performance. The stock has outperformed its sector by 0.9% today, indicating a positive trend. After experiencing two consecutive days of decline, the stock has gained today, opening with a significant increase of 4.63%. It reached an intraday high of Rs 384, demonstrating strong upward momentum during the trading day.<BR><BR>Despite this positive movement, the stock has faced challenges over the past month, with a decline of 10.25%, while the benchmark Sensex has increased by 1.29%. Year-to-date, the stock is down 5.24%, although it has shown remarkable growth over the past year with a 95.96% increase. The stock's performance over three and five years is even more impressive, with gains of 843.17% and 980.70%, respectively.<BR><BR>Investor participation has been declining, as indicated by a significant drop in delivery volume of 55.14% compared to the five-day average. This suggests that while the stock may be experiencing a short-term rise, there are underlying concerns regarding investor engagement and overall market sentiment. The stock has also traded in a wide range today, with a low of Rs 348.7, which reflects volatility in its price movements.<BR><BR>In summary, while Nidhi Granites Ltd is currently experiencing a rise in its stock price today, the overall trend shows mixed signals with recent declines and reduced investor participation.

Should I buy, sell or hold Nidhi Granites Ltd?

How big is Nidhi Granites?

As of 10th June, Nidhi Granites Ltd has a market capitalization of 343.00 Cr, with recent net sales of 65.20 Cr and a net profit of 7.68 Cr. The balance sheet for March 2025 shows shareholder's funds of 14.88 Cr and total assets of 21.99 Cr.

As of 10th June, Nidhi Granites Ltd has a market capitalization of 343.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Nidhi Granites reported Net Sales of 65.20 Cr and a Net Profit of 7.68 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, showing Shareholder's Funds of 14.88 Cr and Total Assets of 21.99 Cr.

Who are in the management team of Nidhi Granites?

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.

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>If you need more details about their roles or the company, feel free to ask!

Who are the peers of the Nidhi Granites?

Nidhi Granites' peers include Vinyl Chemicals, A-1, Shiv Texchem, and others, with varying management risks and growth rates. Nidhi Granites shows excellent growth and a good capital structure, with a 1-year return of 140.02%, outperforming many peers.

Peers: The peers of Nidhi Granites are Vinyl Chemicals, A-1, Shiv Texchem, Creative Graphic, Felix Industries, Vertoz, Phantom Digital, Gretex Industrie, Transteel Seatin, and Trident Techlabs.<BR><BR>Quality Snapshot: Excellent management risk is observed at Vinyl Chemicals, Shiv Texchem, Creative Graphic, Phantom Digital, Transteel Seatin, and Trident Techlabs, while Average management risk is found at A-1, Nidhi Granites, Felix Industries, and Gretex Industrie. Below Average management risk is noted for Vertoz. For Growth, Excellent growth is seen at Nidhi Granites, Shiv Texchem, Felix Industries, Phantom Digital, and Transteel Seatin, while Below Average growth is found at Vinyl Chemicals, A-1, and Gretex Industrie, and the rest have Average growth. In terms of Capital Structure, Excellent capital structure is noted for Vinyl Chemicals and Phantom Digital, Good capital structure is observed at Nidhi Granites, Felix Industries, Vertoz, Transteel Seatin, and Trident Techlabs, while Average capital structure is found at A-1 and Creative Graphic, and Below Average capital structure is noted for Shiv Texchem and Gretex Industrie.<BR><BR>Return Snapshot: A-1 has the highest 1-year return at 3382.47%, while Shiv Texchem has the lowest at -53.77%. Nidhi Granites' 1-year return of 140.02% is significantly positive compared to its peers. Additionally, peers such as Shiv Texchem and Gretex Industrie have negative six-month returns.

What does Nidhi Granites do?

Nidhi Granites Ltd, established in 1981, primarily trades shares and securities while focusing on the granite blocks and tiles business. As of March 2026, it reported net sales of ₹17 Cr and a net profit of ₹2 Cr, with a market cap of ₹343 Cr.

Overview:<BR>Nidhi Granites Ltd is engaged in trading shares, securities, and other investments, initially focusing on the granite blocks and tiles business, and operates in the Miscellaneous industry within the Micro Cap market-cap bracket.<BR><BR>History:<BR>Nidhi Granites Ltd was established in 1981 and has undergone status changes, including the incorporation of 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 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 17 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 2 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 343 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 44.00 <BR>Industry P/E: 11 <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.05 <BR>Return on Equity: 34.07% <BR>Price to Book: 15.08 <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

Are Nidhi Granites Ltd latest results good or bad?

Nidhi Granites Ltd's latest results show significant year-on-year profit growth, with a net profit of ₹1.94 crores, but a 12.22% decline from the previous quarter raises concerns about profitability sustainability. While revenue increased by 58.97%, decreasing operating margins and high valuation multiples suggest mixed overall performance.

Nidhi Granites Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹1.94 crores for Q4 FY26, which is a significant year-on-year improvement of 320.45% from a loss in the same quarter last year. However, this figure represents a decline of 12.22% compared to the previous quarter, indicating a downward trend in profitability.<BR><BR>In terms of revenue, the company achieved net sales of ₹16.66 crores, reflecting a robust year-on-year growth of 58.97% and a sequential increase of 7.14%. This suggests that while sales are growing strongly, the profit margins are under pressure, as evidenced by a decrease in the operating margin to 20.83%, down by 58 basis points from the previous quarter.<BR><BR>Additionally, the company's return on equity remains strong at 19.51%, indicating effective capital utilization. However, the elevated tax rate and rising depreciation costs have contributed to the profit decline, raising concerns about the sustainability of its recent growth.<BR><BR>Overall, while Nidhi Granites has shown impressive revenue growth and a turnaround in profitability compared to last year, the recent decline in net profit and operating margins, coupled with high valuation multiples and governance concerns, suggest that the results are not entirely positive. Investors should weigh these factors carefully.

When is the next results date for Nidhi Granites Ltd?

The next results date for Nidhi Granites Ltd is 29 May 2026.

The next results date for Nidhi Granites Ltd is scheduled for 29 May 2026.

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.

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 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.

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