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Nidhi Granites Ltd

NIDHIGRANITESLTD NSE

Key Fundamentals

MicrocapConstruction MaterialsConstruction
Market Cap
₹270 Cr
Volatility
Moderate
P/E Ratio
35.2
EBITDA
₹12.60 Cr
Return on Equity
34.06%
Debt to Equity
0.12
Book Value
₹28.18
EPS
₹1.69
52W High
₹480.75
52W Low
₹181.45

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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29 extracted metrics + investor summaries across FY21–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Strengths

3
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 156% CAGR over last 5 years
  • Company's working capital requirements have reduced from 72.5 days to 58.0 days

Weaknesses

3
  • Stock is trading at 11.6 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last 3 years: -3.50%

Growth Rate

Revenue Growth
38.48% ↗
Net Income Growth
305.26% ↗
Cash Flow Change
286.67% ↗
ROE
164.03% ↗
ROCE
146.02% ↗
EBITDA Margin (Avg.)
158.58% ↗

Quarterly Results

  Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales
5.93
7.78
8.68
10.66
11.38
9.28
12.1
13.41
10.48
19.81
13.18
15.55
16.66
Expenses
5.72
7.49
8.39
9.88
11.19
8.54
11.66
12.51
11.07
16.58
11.06
12.15
13.05
Operating Profit
0.21
0.29
0.29
0.78
0.19
0.74
0.44
0.9
-0.59
3.23
2.12
3.4
3.61
OPM %
3.54%
3.73%
3.34%
7.32%
1.67%
7.97%
3.64%
6.71%
-5.63%
16.3%
16.08%
21.86%
21.67%
Other Income
0.11
0.07
0.14
0.1
0.26
0.51
1.14
0.51
-0.11
0.07
0.07
0.07
0.07
Interest
0.06
0.09
0.17
0.09
0.1
0.11
0.11
0.08
0.07
0.05
0.05
0.07
0.14
Depreciation
0.13
0.16
0.18
0.19
0.19
0.17
0.17
0.16
0.13
0.2
0.3
0.46
0.61
PBT
0.13
0.11
0.08
0.6
0.16
0.97
1.3
1.17
-0.9
3.05
1.84
2.94
2.93
Tax %
69.23%
27.27%
25%
25%
43.75%
21.65%
15.38%
19.66%
-3.33%
26.56%
29.35%
25.17%
33.79%
Net Profit
0.04
0.08
0.06
0.45
0.09
0.75
1.1
0.94
-0.88
2.24
1.29
2.21
1.94
EPS in Rs
0.08
0.15
0.08
0.56
0.11
0.94
1.38
1.18
-1.1
2.8
1.61
2.76
2.42
Figures in ₹ Crores

Profit & Loss

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
0.15
15.91
25.64
39.09
47.29
65.47
Expenses
0.13
15.05
24.38
36.95
43.76
52.85
Operating Profit
0.02
0.86
1.26
2.14
3.53
12.62
OPM %
13.33%
5.41%
4.91%
5.47%
7.46%
19.28%
Other Income
0
0.03
0.03
-0.01
0
0.01
Interest
0
0.11
0.21
0.45
0.37
0.31
Depreciation
0
0.27
0.45
0.72
0.63
1.57
PBT
0.02
0.51
0.63
0.96
2.53
10.75
Tax %
-250%
39.22%
31.75%
28.12%
24.11%
28.56%
Net Profit
0.07
0.3
0.44
0.68
1.92
7.68
EPS in Rs
0.47
2
0.83
0.85
2.4
9.6
Div. Payout %
0%
0%
0%
0%
0%
0%
Figures in ₹ Crores

Balance Sheet

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
0.75
0.75
2.65
4
8
8
Reserves
1.37
4.04
6.7
8.96
6.88
14.54
Borrowings
0
0.97
3.29
4.47
3.17
2.77
Other Liabilities
0.01
2.46
3.98
4.32
3.93
7.32
Total Liabilities
2.13
8.22
16.62
21.75
21.98
32.63
Fixed Assets
0
0.91
2.15
3.35
5.04
9.73
CWIP
0
0
0
0
0
0.53
Investments
0
0.26
0.51
0.76
2.15
0.61
Other Assets
2.13
7.05
13.96
17.64
14.79
21.76
Total Assets
2.13
8.22
16.62
21.75
21.98
32.63
Figures in ₹ Crores

Cash Flow

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
-0.16
0.19
-2.12
-1.11
1.5
5.8
Investing
2.22
-3.26
-0.62
-3.22
-0.39
-3
Financing
0
2.3
5.27
3.15
-0.91
-1.94
Net Cash Flow
2.07
-0.77
2.53
-1.19
0.2
0.87
Free Cash Flow
-0.16
-0.31
-2.84
-2.55
-1.47
0.8
CFO/OP
-800
45
-151
-36
55
63
Figures in ₹ Crores

Ratios

  Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
0
100
72.6
66.76
36.35
51.01
Inventory Days
—
25.35
36.54
28.34
49.53
50.78
Days Payable
—
48.79
62.25
41.16
27.91
37.55
Cash Conversion Cycle
0
76.81
46.88
53.95
57.98
64.23
Working Capital Days
0
72.27
84.56
97.58
61.98
57.98
ROCE %
—
15.74%
9.13%
9.44%
16.57%
51.01%

Shareholding Pattern

As of Jun 2026
Promoters 66.75%
Public 30.15%
Others 3.10%
Total 100.00%
  Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
66.83%
66.83%
66.83%
66.83%
66.83%
66.83%
66.83%
69.03%
70.25%
70.25%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
66.75%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
DIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
32.42%
32.41%
32.43%
32.37%
32.56%
32.57%
32.55%
30.71%
29.58%
29.57%
32.72%
32.70%
32.70%
31.33%
31.29%
31.31%
31.43%
30.35%
30.09%
30.18%
30.15%
30.15%
Others
0.76%
0.76%
0.74%
0.80%
0.62%
0.61%
0.63%
0.26%
0.17%
0.19%
0.53%
0.55%
0.54%
1.92%
1.95%
1.93%
1.82%
2.90%
3.15%
3.07%
3.09%
3.10%
No. of Shareholders
593
594
643
703
663
653
655
649
646
692
719
711
792
980
1,038
1,110
1,176
1,172
1,135
1,145
1,144
1,162

Documents

Frequently Asked Questions about Nidhi Granites Ltd

What does Nidhi Granites Ltd do?
Incorporated in 1981, Nidhi Granites Ltd is a manufacturer of granite and marble slabs, tiles, and sandstone and limestone products.
Where is Nidhi Granites Ltd (512103) listed?
Nidhi Granites Ltd is listed on the Indian stock exchanges. It is listed on NSE: NIDHIGRANITESLTD and BSE: NIDHGRN. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Nidhi Granites Ltd belong to?
Nidhi Granites Ltd operates in the Commodities sector within the Other Construction Materials industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Nidhi Granites Ltd?
Nidhi Granites Ltd has a market capitalisation of approximately ₹270.40 Cr. Based on this, it is classified as a Small Cap stock.
What is the PE ratio of Nidhi Granites Ltd?
The Price-to-Earnings (PE) ratio of Nidhi Granites Ltd is 35.20. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Nidhi Granites Ltd?
Over the past 52 weeks, Nidhi Granites Ltd has traded between a low of ₹181.45 and a high of ₹480.75. This range helps investors understand the stock's price volatility and recent trading levels.
What is the Return on Equity (ROE) of Nidhi Granites Ltd?
Nidhi Granites Ltd has a Return on Equity (ROE) of 34.06%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Nidhi Granites Ltd on Tapetide?
On Tapetide, you can view Nidhi Granites Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Incorporated in 1981, Nidhi Granites Ltd is a manufacturer of granite and marble slabs, tiles, and sandstone and limestone products.

Website nidhigranites.com
Face Value ₹ 10

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