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Nidhi Granites Ltd (512103)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 512103 NSE: Finance - Others | Small Cap | Nidhi Granites Share Price

₹401.60 15.65 (4.05%)

As on 04-Jun'26 16:59

Nidhi Granites Ltd (512103)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 512103 NSE: Finance - Others | Small Cap | Nidhi Granites Share Price

₹401.60 15.65 (4.05%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹321 Cr.
Current Price
₹401.6
52-Week Low / High
₹171 / 481
TTM EPS
₹-1.6
TTM Sales
₹0.2 Cr.
Book Value per Share
₹14.2
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
84.9
Price to Book (P/B)
28.29
Higher than its 5-year historical median
Price to Sales (P/S)
1857.11
Higher than its 5-year historical median
EV/EBITDA
-216.14
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
8.36%
Outperforms industry median
Return on Capital Employed (ROCE)
10.15%
In line with industry median
Return on Assets (ROA)
8.23%
Operating Profit Margin
-91.8%
Net Profit Margin
579.63%
Gross Profit Margin
703.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-39.29%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
3266.67%
Asset Quality
Promoter Holding
66.75%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹3 Cr.
Equity
₹8 Cr.
Face Value
₹10
All Time Low / High
₹3.00 / 480.75

Nidhi Granites stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Nidhi Granites Ltd a good quality company?
Nidhi Granites Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Nidhi Granites Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Nidhi Granites Ltd vs industry peers?
Nidhi Granites Ltd revenue CAGR is 19.42%, compared to the industry median CAGR of 23.54%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Nidhi Granites Ltd?
Promoters hold 66.75% of the Nidhi Granites Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Nidhi Granites Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 36.3% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Nidhi Granites Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 3.7%0.1%-2%1%-15.2%0.8%-2.1%2.3%0.6%10.2%-
Value Creation
Index
-0.7-1.0-1.2-0.9-2.1-0.9-1.2-0.8-1.0-0.3-

Growth Parameters

Sales 0.20.2000.1000.30.30.20
Sales YoY Gr.-0%-90.9%50%133.3%-100%NANA-3.5%-39.3%-
Adj EPS 0.50-0.3-0-0.70.5-0.50.201.3-1.6
YoY Gr.--100%NANANANA-193.8%NA-81%3075%-
BVPS (₹) 14.114.113.815.513.714.113.714.514.515.814.2
Adj Net
Profit
0.10-0-0-0.10.1-0.10.101-1
Cash Flow from Ops. -0.1-0.6-0.1-0.2-0.1-0.2-0.2-0.40.1-0.2-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -2.8%19.4%NA-39.3%
Adj EPS 12%NANA3075%
BVPS1.3%2.9%4.9%8.8%
Share Price 34.4% 88.3% 125.4% 127.6%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
3.30-2.1-0.3-53.4-2.11.70.38.4-10.5
Op. Profit
Mgn %
-40.9-28.1-789.7-543.3-215.5-22718.10-37.3-67.1-91.8-422.5
Net Profit
Mgn %
31.30.2-200.3-22.5-148.111841.3038.510.7579.6-743.5
Debt to
Equity
00000000000
Working Cap
Days
8945178378252371,873020021311248
Cash Conv.
Cycle
2351767937992321,1600172173-344

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Income + 0000000112
Interest Income0000000000
Other Income 0000000000
Exceptional Items 0000000001
Expenditure + 0000000000
Interest Expense 0000000000
Operating Expenses 0000000000
Provisions 0000000000
Exceptional Items 0000000000
Profit Before Tax 00-00-00-0001
Taxes 0000-0-00000
Profit After Tax 00-0-0-00-0001
Adjusted EPS (₹)0.50.0-0.3-0.0-1.80.5-0.50.20.01.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Nidhi Granites - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Equity Capital +222222281213
Share Capital 1111111348
Reserves 1112111585
Short term borrowings0000000000
Long Term Borrowings-0-0-00000000
Current Liabilities 0000000000
Trade Payables0000000000
Other Liabilities00-0-00-021-0-0
Total Liabilities 222222491213

Assets

Non Current Asset +222220461112
Loan Asset 0000000000
Other Non Current Asset 222220461112
Current Asset +0000020211
Current Investment0000000000
Other Current Asset0000020211
Total Assets 222222491213

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity -0-1-0-0-0-0-0-00-0
Cash Flow From Investing Activity 010002-4-2-40
Cash Flow From Financing Activity 0-000002430
Net Cash Flow 0-00-0-02-22-1-0

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Operational & Financial Ratios

EPS (₹)0.900-0.60-0.10-3.601-0.900.400.101.30
DPS (₹)0000000000
BVPS (₹)28.228.227.730.927.328.327.428.92915.8

Performance Ratios

ROA (%)3.30.0-2.0-0.3-11.83.4-2.11.70.38.2
ROE (%)3.30.0-2.1-0.3-12.43.4-3.32.30.38.4
ROCE (%)3.70.1-2.01.0-15.20.8-2.12.30.610.2

Valuation Parameters

Price/Book(x)0.90.80.71.00.81.33.82.37.58.8

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nidhi Granites Ltd FAQs

The current trading price of Nidhi Granites on 04-Jun-2026 16:59 is ₹401.6.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Nidhi Granites stood at ₹321.3 Cr

The latest P/E ratio of Nidhi Granites as of 03-Jun-2026 is 0.00.

The latest P/B ratio of Nidhi Granites as of 03-Jun-2026 is 28.29.

The 52-week high of Nidhi Granites is ₹480.8 and the 52-week low is ₹170.8.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nidhi Granites is ₹0.17 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nidhi Granites Ltd is a below average quality company.

The key valuation ratios of Nidhi Granites Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nidhi Granites Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nidhi Granites Ltd

Based in heritage city of India, Nidhi Granites is known for its high quality Products. Over the years, it has developed high specialization in production of Granites, Marble, Sandstone, Slate, Limes tones, Mosaic, Cobbles, Paving stone. Nidhi Granites has been operating for the past 26 years from its main office at Tukra Road, Industrial Area, Madanganj-Kishangarh.

Company’s strong infrastructure, complete in-house manufacturing process coupled with skilled team of moulders enables it to bring out very high quality products at low production cost and in relatively short time. These are the factors behind its exceptional growth continuously.

The dedicated team members of the company care about the quality of their work. Nidhi Granites performs a wide variety of manufacturing of Granites, Marble, Sandstone, Slate, Limestones, Mosaic, Cobbles, Paving stone. In many cases, no one else can even come close to them.

Product range of the company includes:

  • Granite
  • Marble
  • Sandstone
  • Slate
  • Limestone
  • Mosaic
  • Cobbles
  •  Paving stones

The Marble slabs and tiles of the company are widely used in buildings monuments and sculptures.It offers a customized range of Sandstone and Limestone Products.

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