Nitco

Which are the latest news on Nitco?

Why is Nitco Ltd falling/rising?

As of 03-Aug, Nitco Ltd's stock price is at 108.00, showing a slight increase but underperforming against the Sensex over various periods. Despite recent positive quarterly results, concerns about high debt and long-term growth prospects contribute to a cautious outlook.

As of 03-Aug, Nitco Ltd's stock price is currently at 108.00, reflecting a slight increase of 0.15 (0.14%). Despite this minor rise, the stock has shown a mixed performance over various periods. In the last week, it has underperformed the benchmark Sensex, which has risen by 2.35%, while Nitco's stock has only increased by 0.28%. Over the past month, the stock has declined by 7.02%, contrasting with the Sensex's gain of 1.13%. <BR><BR>Year-to-date, however, Nitco has performed better than the Sensex, with a return of 8.64% compared to the Sensex's decline of 7.72%. Over the last year, the stock has significantly underperformed, with a decrease of 14.22% against the Sensex's drop of only 2.43%. <BR><BR>The stock's performance today indicates that it has underperformed its sector by 1.28%. Although it is trading above its moving averages for 5, 20, 50, 100, and 200 days, the overall sentiment remains cautious due to the company's weak long-term fundamentals. The company has reported operating losses and has a high Debt to EBITDA ratio of 12.59 times, indicating a low ability to service its debt. <BR><BR>Despite declaring positive results for the last four consecutive quarters, with net sales growing at 60.45%, the long-term growth rate of net sales is only 10.64% annually over the last five years. Additionally, 67.13% of promoter shares are pledged, which can exert downward pressure on the stock in a falling market. <BR><BR>In summary, while there is a slight uptick in the stock price, the overall trend indicates significant challenges, including underperformance relative to the market, high debt levels, and concerns over long-term growth, contributing to a cautious outlook for Nitco Ltd.

Should I buy, sell or hold Nitco Ltd?

How big is Nitco?

As of 10th June, Nitco Ltd has a market capitalization of 2,396.00 Cr, with recent Net Sales of 542.01 Cr and a Net Profit of 28.90 Cr. The company reported Shareholder's Funds of 246.62 Cr and Total Assets of 921.11 Cr for the latest annual period ending March 2025.

As of 10th June, Nitco Ltd has a market capitalization of 2,396.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Nitco reported Net Sales of 542.01 Cr and a Net Profit of 28.90 Cr.<BR><BR>For the latest annual period ending March 2025, the company had Shareholder's Funds of 246.62 Cr and Total Assets amounting to 921.11 Cr.

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 are responsible for the company's strategic direction and governance.

The management team of Nitco includes the following members:<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 oversees the strategic direction and governance of the company.

Who are the peers of the Nitco?

Nitco's peers include V I P Inds., Mayur Uniquoters, Borosil, Pokarna, Somany Ceramics, La Opala RG, Nilkamal Ltd, and Hindware Home In. Nitco has below-average management risk and growth, with a 1-year return of -29.79%, better than Borosil's -40.72% but worse than Mayur Uniquoters' 35.37%.

Peers: The peers of Nitco are V I P Inds., Mayur Uniquoters, Borosil, Pokarna, Somany Ceramics, La Opala RG, Nilkamal Ltd, and Hindware Home In.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mayur Uniquoters, Pokarna, Somany Ceramics, and La Opala RG, while Average management risk is found at V I P Inds., Borosil, Nilkamal Ltd, and the rest. Below Average management risk is noted for Nitco and Hindware Home In. Growth is rated as Good for Borosil and Pokarna, while Below Average growth is seen at V I P Inds., Mayur Uniquoters, Nitco, and the rest. Capital Structure is Excellent for Mayur Uniquoters and Borosil, Good for Somany Ceramics and Nilkamal Ltd, and Below Average for V I P Inds., Nitco, and Hindware Home In.<BR><BR>Return Snapshot: Mayur Uniquoters has the highest 1-year return at 35.37%, while Borosil has the lowest at -40.72%. Nitco's own 1-year return is -29.79%, which is better than Borosil's but worse than Mayur Uniquoters'. Additionally, the six-month return is negative for Borosil, Hindware Home In, and Nilkamal Ltd.

What does Nitco do?

Nitco Ltd is a small-cap company specializing in tiles and marble, with a history dating back to 1966. As of March 2026, it reported net sales of ₹152 Cr and a net loss of ₹8 Cr, with a market cap of ₹2,396 Cr.

Overview:<BR>Nitco Ltd is a leading player in the tiles and marble business, operating within the diversified consumer products industry and classified as a small-cap company.<BR><BR>History:<BR>Nitco Ltd was originally incorporated on July 25, 1966, as 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 Ltd on July 10, 2008. The most recent quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 152 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: -8 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 2,396 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 72.00 <BR>Industry P/E: 30 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.78 <BR>Return on Equity: 9.02% <BR>Price to Book: 6.40 <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

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.

When is the next results date for Nitco?

The next results date for Nitco is 11 August 2025.

The next results date for Nitco is scheduled for 11 August 2025.

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.