Nitco

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.

What does Nitco do?

Nitco Ltd is a small-cap company in the diversified consumer products industry, primarily manufacturing and selling tiles. As of March 2025, it reported net sales of ₹94 Cr and a net loss of ₹3 Cr, with a market cap of ₹3,202 Cr.

Overview:<BR>Nitco Ltd is a small-cap company operating in the diversified consumer products industry, primarily involved in the manufacturing and sale of tiles.<BR><BR>History:<BR>Nitco Ltd was originally incorporated on July 25, 1966, as Nitco Tiles Private Limited. It became 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 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 94 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -3 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 3,202 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 32<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.81<BR>- Return on Equity: -113.25%<BR>- Price to Book: 13.31<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

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.

Who are the peers of the Nitco?

Nitco's peers include Kajaria Ceramics, Safari Industries, Cera Sanitary, VIP Industries, Borosil, La Opala RG, Nilkamal Ltd, Mayur Uniquoters, and Hindware Home Innovation. Nitco leads with an 85.60% one-year return, significantly outperforming its peers.

Peers: The peers of Nitco are Kajaria Ceramics, Safari Inds., Cera Sanitary., V I P Inds., Borosil, La Opala RG, Nilkamal Ltd, Mayur Uniquoters, and Hindware Home In.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kajaria Ceramics, Safari Inds., Cera Sanitary., La Opala RG, and Nilkamal Ltd, while Average management risk is found at V I P Inds. and Mayur Uniquoters, and the rest have Below Average management risk. Growth is rated as Excellent for Borosil, Good for Safari Inds., and the rest have Below Average growth. Capital Structure is Excellent for Kajaria Ceramics, Safari Inds., Cera Sanitary., La Opala RG, and Mayur Uniquoters, while Good is observed at Nilkamal Ltd, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nitco at 85.60%, while the peer with the lowest is Somany Ceramics at -34.19%. Nitco's return significantly exceeds all peers. Additionally, the six-month return is negative for V I P Inds., Borosil, La Opala RG, and Somany Ceramics.

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 in the management team of Nitco?

As of March 2022, 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). Each member contributes to the company's governance and strategic direction.

As of March 2022, 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>Each member plays a significant role in the governance and strategic direction of the company.

How big is Nitco?

As of 24th July, Nitco Ltd has a market capitalization of 3,248.00 Cr, with net sales of 314.40 Cr and a net loss of 741.15 Cr over the latest four quarters. Shareholder's funds are at a loss of 512.17 Cr, and total assets are valued at 730.28 Cr.

As of 24th July, Nitco Ltd has a market capitalization of 3,248.00 Cr, classifying it as a Small Cap company.<BR><BR>In the latest four quarters, Nitco reported net sales of 314.40 Cr. However, the net profit for the same period showed a loss of 741.15 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024. Shareholder's funds stood at a loss of 512.17 Cr, while total assets were valued at 730.28 Cr.

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 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.

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.

Are Nitco Ltd latest results good or bad?

Nitco Ltd's latest results are disappointing, showing a 22.34% increase in net sales to ₹131.76 crores but a net loss of ₹11.90 crores, indicating ongoing operational challenges and negative margins despite year-on-year revenue growth of 55.69%.

Nitco Ltd's latest results reflect a challenging situation for the company. While there was a sequential increase in net sales of 22.34%, bringing it to ₹131.76 crores, this growth has not translated into profitability. The company reported a net loss of ₹11.90 crores for Q3 FY26, a significant decline from the ₹1.00 crore profit recorded in the previous quarter. <BR><BR>Despite a year-on-year revenue growth of 55.69%, the operating margin remains deeply negative at -4.62%, indicating ongoing operational inefficiencies. This marks a concerning trend, as the company has struggled to achieve sustainable profitability, reverting to losses after a brief profit in the previous quarter. <BR><BR>Overall, while there are signs of revenue growth, the inability to control costs and achieve positive margins suggests that the results are more indicative of underlying operational challenges rather than a positive turnaround. Therefore, the latest results can be characterized as disappointing.

Should I buy, sell or hold Nitco Ltd?

Which are the latest news on Nitco?

Why is Nitco Ltd falling/rising?

As of 07-Apr, Nitco Ltd's stock price is at Rs 85.70, down 3.62%, with a significant 1-year return of -23.86%. The stock faces challenges including high debt, operating losses, and a high percentage of pledged shares, contributing to its decline.

As of 07-Apr, Nitco Ltd's stock price is falling, currently at Rs 85.70, which reflects a decrease of Rs 3.22 or 3.62%. The stock has underperformed significantly compared to the broader market, with a 1-year return of -23.86% against a market return of +2.02%. <BR><BR>Today's performance indicates a gap down opening with a loss of 3.73%, and the stock reached an intraday low of Rs 85.6. Additionally, the stock has shown a decline in investor participation, with delivery volume falling by 31.25% compared to the 5-day average. <BR><BR>While the company has reported positive results in the last three consecutive quarters, including a 20.9% growth in net sales, it also faces significant challenges. The company has operating losses and a weak long-term fundamental strength, evidenced by a high Debt to EBITDA ratio of 12.36 times and a return on capital employed (ROCE) of -25.2. Furthermore, 67.13% of promoter shares are pledged, which can exert additional downward pressure on the stock in a falling market.<BR><BR>Overall, the combination of poor long-term growth prospects, high debt levels, and underperformance relative to the market contributes to the current decline in Nitco Ltd's stock price.

Why is Nitco Ltd falling/rising?

As of 08-Apr, Nitco Ltd's stock price is at 86.32, reflecting a decline of -0.07%. The stock has significantly underperformed over the past year and shows weak fundamentals, making it a less attractive investment despite recent sales growth.

As of 08-Apr, Nitco Ltd's stock price is falling, currently at 86.32, reflecting a change of -0.06 (-0.07%). The stock has underperformed its sector by 5.26% today and has been on a consecutive decline for the last two days, resulting in a total drop of 2.92% during this period. <BR><BR>In terms of broader performance, the stock has shown a negative return of -21.53% over the past year, significantly underperforming the market, which has generated returns of 7.62% in the same timeframe. This underperformance is compounded by the company's weak long-term fundamentals, including operating losses and a high Debt to EBITDA ratio of 12.36 times, indicating low ability to service debt. Additionally, 67.13% of promoter shares are pledged, which can exert further downward pressure on the stock price in a declining market.<BR><BR>Despite positive results in the last three consecutive quarters, including a 58.96% growth in net sales over the latest six months, the stock's overall performance remains weak, with a return of -13.17% year-to-date. The stock is trading at a discount compared to its peers, but its expensive valuation, indicated by a ROCE of -25.2 and a PEG ratio of 0.5, suggests that it may not be an attractive investment at this time.

Why is Nitco Ltd falling/rising?

As of 09-Apr, Nitco Ltd's stock price is declining, currently at Rs 82.90, down 4.32%. The stock has underperformed significantly over the past year due to high debt levels, operational challenges, and weak growth prospects.

As of 09-Apr, Nitco Ltd's stock price is falling, currently at Rs 82.90, reflecting a decrease of Rs 3.74 or 4.32%. This decline is evident in the stock's performance today, where it underperformed its sector by 5.05% and reached an intraday low of Rs 81.8, marking a drop of 5.59%. <BR><BR>The stock has shown a negative trend over the past week, with a decrease of 3.04%, while the benchmark Sensex has increased by 4.52%. Year-to-date, Nitco Ltd's stock has fallen by 16.61%, compared to a 10.08% decline in the benchmark. Over the past year, the stock has significantly underperformed, with a return of -22.20% against a positive return of 3.77% for the Sensex.<BR><BR>Several factors contribute to this downward movement. Despite declaring positive results for the last three consecutive quarters, the company faces operational challenges, including operating losses and a high Debt to EBITDA ratio of 12.36 times, indicating a low ability to service debt. The company's long-term growth prospects appear weak, with net sales growing at an annual rate of only 10.94% over the last five years. Additionally, 67.13% of promoter shares are pledged, which can exert further downward pressure on the stock price in a falling market.<BR><BR>Overall, the combination of poor long-term fundamentals, high debt levels, and significant underperformance relative to the market has led to the current decline in Nitco Ltd's stock price.