Nitco

Which are the latest news on Nitco?

Why is Nitco Ltd falling/rising?

As of 05-Sep, Nitco Ltd's stock price is declining to 96.05 due to negative financial indicators, including significant operating losses and a sharp drop in investor participation. The company's weak fundamentals and high debt levels further exacerbate its financial instability, leading to a lack of confidence among investors.

As of 05-Sep, Nitco Ltd's stock price is falling, currently at 96.05, reflecting a change of -0.46 (-0.48%). This decline can be attributed to several negative factors impacting the company's financial health and market perception. <BR><BR>The stock has experienced a trend reversal, having fallen after two consecutive days of gains. Additionally, there has been a significant drop in investor participation, with delivery volume on 03 Sep decreasing by 55.2% compared to the 5-day average. This suggests a lack of confidence among investors, contributing to the downward pressure on the stock price.<BR><BR>Financially, the company is facing challenges, including operating losses and a weak long-term fundamental strength. The net sales for the most recent quarter fell by 14.4% compared to the previous four-quarter average, and the profit after tax (PAT) has plummeted by 224.9%. Furthermore, the company has recorded a negative EBITDA of Rs. -32.85 crore, indicating ongoing operational difficulties.<BR><BR>The stock has also underperformed the market significantly over the past year, generating a return of -18.05% while the broader market has seen a return of 1.51%. The high debt-to-EBITDA ratio of 12.59 times raises concerns about the company's ability to service its debt, further exacerbating its financial instability.<BR><BR>Moreover, a concerning 67.13% of promoter shares are pledged, which can add additional downward pressure on the stock price in a falling market. Collectively, these factors contribute to the stock's decline, reflecting a challenging environment for Nitco Ltd.

Who are in the management team of Nitco?

The management team of Nitco includes Vivek Talwar (Chairman & Managing Director), Bharti Dhar and Manish Puri (Independent Directors), Vivek Grover and Rakesh Kashimpuria (Nominees), Geeta Karira (Company Secretary), Poonam Talwar (Director), and Ajaybir Singh J Bakshi (Additional Independent Director). They oversee the company's operations and strategic direction.

The management team of Nitco includes the following individuals:<BR><BR>1. **Vivek Talwar** - Chairman & Managing Director<BR>2. **Bharti Dhar** - Independent Director<BR>3. **Vivek Grover** - Nominee<BR>4. **Rakesh Kashimpuria** - Nominee<BR>5. **Manish Puri** - Independent Director<BR>6. **Geeta Karira** - Company Secretary & Compliance Officer<BR>7. **Poonam Talwar** - Director<BR>8. **Ajaybir Singh J Bakshi** - Additional Independent Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Nitco do?

Nitco Ltd is a small-cap company specializing in tiles and marble, originally incorporated in 1966. As of June 2026, it reported net sales of 116 Cr and a net loss of 10 Cr, with a market cap of INR 2,249 Cr.

Overview: <BR>Nitco Ltd is a leading player in the tiles and marble business, operating within the diversified consumer products industry and categorized as a small-cap company.<BR><BR>History: <BR>Nitco Limited was originally incorporated on July 25, 1966, as a Private Limited Company under the name Nitco Tiles Private Limited. It transitioned to a Public Limited Company on January 25, 1996, changing its name to Nitco Tiles Limited, and later to Nitco Limited on July 10, 2008. The latest quarterly results reported net sales and profit for the period ending June 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 116 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: -10 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 2,249 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.78 <BR>Return on Equity: 9.02% <BR>Price to Book: 6.30<BR><BR>Contact Details: <BR>Address: Nitco house Recondo Compound, S K Ahire Marg Worli Mumbai Maharashtra : 400030 <BR>Tel: 91-22-6752 1555 <BR>Email: investorgrievances@nitco.in <BR>Website: http://www.nitcotiles.com

Who are the peers of the Nitco?

Nitco's peers include Mayur Uniquoters, Nilkamal Ltd, Borosil, Pokarna, Somany Ceramics, Virtuoso Optoel., La Opala RG, and Hindware Home In. Nitco has below average management risk and growth, with a 1-year return of -17.74%, better than Hindware Home In but lower than its peers.

Peers: The peers of Nitco are Mayur Uniquoters, Nilkamal Ltd, Borosil, Pokarna, Somany Ceramics, Virtuoso Optoel., La Opala RG, and Hindware Home In.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mayur Uniquoters and Borosil, while Average management risk is found at Nilkamal Ltd, Virtuoso Optoel., and the rest. Good management risk is noted at Pokarna, Somany Ceramics, and La Opala RG, while Below Average management risk is seen at Nitco and Hindware Home In. Growth is Excellent at Borosil and Virtuoso Optoel., Average at Nilkamal Ltd, while Below Average growth is present at Mayur Uniquoters, Pokarna, Somany Ceramics, La Opala RG, Nitco, and Hindware Home In. Capital Structure is Excellent at Mayur Uniquoters and Borosil, Good at Nilkamal Ltd and Somany Ceramics, while Below Average is noted at Nitco and Hindware Home In.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mayur Uniquoters at 44.19%, while the lowest is Hindware Home In at -39.59%. Nitco's own 1-year return is -17.74%, which is higher than Hindware Home In's but lower than all others. Additionally, the six-month return is negative for Hindware Home In, La Opala RG, and Pokarna.

How big is Nitco?

As of 31st August, Nitco Ltd has a market capitalization of 2,249.00 Cr, with Net Sales of 507.80 Cr and a Net Profit loss of 28.90 Cr over the latest four quarters. Shareholder's Funds are valued at 364.82 Cr, and Total Assets amount to 1,090.21 Cr as of March 2026.

As of 31st August, Nitco Ltd has a market capitalization of 2,249.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Nitco reported Net Sales of 507.80 Cr. However, the company experienced a loss of 28.90 Cr in Net Profit during the same period.<BR><BR>The latest reporting period for the balance sheet is March 2026. Shareholder's Funds are valued at 364.82 Cr, while Total Assets amount to 1,090.21 Cr.

Should I buy, sell or hold Nitco Ltd?

When is the next results date for Nitco Ltd?

The next results date for Nitco Ltd is 12 August 2026.

The next results date for Nitco Ltd is scheduled for 12 August 2026.

Are Nitco Ltd latest results good or bad?

Nitco Ltd's latest results show strong revenue growth of 62.85% year-on-year, reaching ₹152.33 crores, but the company also reported a net loss of ₹7.73 crores, indicating ongoing operational challenges and raising concerns about its financial health. Overall, the results are more concerning than positive.

Nitco Ltd's latest results present a mixed picture. On one hand, the company achieved a significant revenue growth of 62.85% year-on-year, reaching ₹152.33 crores in Q4 FY26, which is a positive indicator of sales momentum. Additionally, there was a sequential revenue increase of 15.61%, suggesting some short-term improvement.<BR><BR>However, despite this revenue growth, the company reported a net loss of ₹7.73 crores, which widened by 35.04% compared to the previous quarter. The operating margin remains negative at -3.26%, although it did improve slightly from -4.62% in the prior quarter. This indicates ongoing operational challenges, as the company struggles to convert its sales growth into profitability.<BR><BR>Overall, while the revenue figures are encouraging, the persistent losses and negative operating margins raise concerns about the company's financial health and sustainability. The inability to achieve profitability despite record revenue levels suggests significant underlying issues that need to be addressed. Therefore, the results can be viewed as concerning rather than outright good.

How has been the historical performance of Nitco?

Nitco has experienced a significant decline in financial performance, with net sales dropping from 594.51 Cr in March 2019 to 314.39 Cr in March 2025, and substantial losses culminating in a profit after tax of -741.21 Cr in March 2025. The company's total liabilities and assets were both reported at 921.11 Cr, indicating a challenging financial position.

Answer:<BR>The historical performance of Nitco shows a declining trend in net sales and profitability over the years, culminating in significant losses by March 2025.<BR><BR>Breakdown:<BR>Nitco's net sales have decreased from 594.51 Cr in March 2019 to 314.39 Cr in March 2025, reflecting a consistent downward trajectory. Total operating income followed a similar trend, dropping from 594.51 Cr in March 2019 to 314.39 Cr in March 2025. The company has faced increasing total expenditures, which reached 349.12 Cr in March 2025, up from 368.09 Cr in March 2024 and 421.02 Cr in March 2023. Operating profit has remained negative, with an operating profit of -21.38 Cr in March 2025, compared to -38.00 Cr in March 2024. Profit before tax has worsened significantly, reaching -741.20 Cr in March 2025 from -162.70 Cr in March 2024. Consequently, the profit after tax also reflected substantial losses, amounting to -741.21 Cr in March 2025. The company's total liabilities increased to 921.11 Cr in March 2025, while total assets were reported at the same figure, indicating a challenging financial position. Cash flow from operating activities has been negative, with -147.00 Cr in March 2025, although the company reported a net cash inflow of 84.00 Cr due to financing activities. Overall, Nitco's financial performance has deteriorated significantly over the years, with increasing losses and declining revenues.

Is Nitco technically bullish or bearish?

As of September 22, 2025, the technical trend has shifted to a bearish stance, supported by bearish signals from the MACD, KST, and moving averages, with no bullish indicators present in the RSI and OBV.

As of 22 September 2025, the technical trend has changed from mildly bearish to bearish. The current technical stance is bearish with moderate strength. Key indicators driving this stance include the weekly MACD and KST both showing bearish signals, while the daily moving averages confirm a bearish trend. The weekly Bollinger Bands are mildly bearish, and the Dow Theory also indicates a mildly bearish outlook. Overall, the lack of bullish signals in the RSI and OBV further supports the bearish sentiment.

Is Nitco overvalued or undervalued?

As of April 7, 2020, Nitco is considered overvalued and classified as risky due to troubling financial ratios, including a PE ratio of -11.40 and an EV to EBITDA of -97.48, despite a strong stock performance of 92.73% over the past year.

As of 7 April 2020, Nitco's valuation grade has moved from does not qualify to risky, indicating a significant shift in its financial standing. The company is currently considered overvalued, given its troubling financial ratios, including a PE ratio of -11.40, an EV to EBITDA of -97.48, and a ROE of -113.25%. These figures highlight the company's struggles in profitability and overall financial health.<BR><BR>In comparison to its peers, Nitco's valuation metrics are starkly unfavorable. For instance, L T Foods, classified as very attractive, boasts a PE ratio of 27.31 and an EV to EBITDA of 18.04, while Cera Sanitary, rated as attractive, has a PE of 34.68 and an EV to EBITDA of 26.52. This stark contrast underscores Nitco's challenges within the diversified consumer products industry. Despite a strong performance in recent stock returns, particularly a 92.73% increase over the past year compared to the Sensex's 7.58%, the underlying financial metrics suggest that Nitco remains overvalued.

Who are the top shareholders of the Nitco?

The top shareholders of Nitco include individual investors with 77.73% ownership, Melisma Finance And Trading Pvt Ltd as the largest promoter at 11.23%, and Authum Investment & Infrastructure Limited as the largest public shareholder at 49.19%. Notably, about 87.75% of promoter holdings are pledged.

The top shareholders of Nitco include a mix of institutional and individual investors. The majority of the shares are held by non-institutional shareholders, with individual investors holding approximately 77.73% of the company. <BR><BR>Among the promoters, Melisma Finance And Trading Pvt Ltd has the highest holding at 11.23%. Authum Investment & Infrastructure Limited stands out as the highest public shareholder, holding 49.19% of the shares. Additionally, there are four Foreign Institutional Investors (FIIs) that collectively hold about 0.41% of the company. <BR><BR>It's important to note that a significant portion of the promoter holdings, approximately 87.75%, is pledged.

Has Nitco declared dividend?

Nitco Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 20, 2011. However, the dividend yield is 0%, indicating that total returns have been driven entirely by price appreciation.

Nitco Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 20 Sep 11<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 12.58%, the dividend return was 0%, resulting in a total return of 12.58%.<BR><BR>In the 1-year period, the price return was 106.66%, the dividend return was 0%, resulting in a total return of 106.66%.<BR><BR>In the 2-year period, the price return was 648.94%, the dividend return was 0%, resulting in a total return of 648.94%.<BR><BR>In the 3-year period, the price return was 493.51%, the dividend return was 0%, resulting in a total return of 493.51%.<BR><BR>In the 4-year period, the price return was 461.78%, the dividend return was 0%, resulting in a total return of 461.78%.<BR><BR>In the 5-year period, the price return was 737.37%, the dividend return was 0%, resulting in a total return of 737.37%.<BR><BR>Overall, while Nitco Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the total returns have been driven solely by price appreciation rather than dividend income. The substantial price returns over various periods highlight strong performance in the stock's value.