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Nikita Greentech Recycling Ltd

Q4 FY25Paper, Forest & Jute Products

Nikita Greentech Recycling Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹76
Market cap₹180 Cr
P/E16.1
Updated23 Aug 2026
Read4 min read

What the Q4 FY25 call signalled

3 of 4 strong

RevenueSlow growth
MarginMargins slightly up
CapexCapex planned
FundraiseFundraise planned

The short version

FY26 is expected to see a modest industry growth reflected in the company's top line, projected around 7-8% growth. FY26 top-line growth is expected to be modest at around 7-8%, reflecting industry growth and the gestation period for the 9 MW waste-to-energy plant.

From Nikita Greentech Recycling Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Slow growth
  • FY26 is expected to see a modest industry growth reflected in the company's top line, projected around 7-8% growth.
  • The 9 megawatt waste-to-energy power plant commissioning is anticipated to result in an exponential jump in growth and margin, especially evident from Q4 FY27.
  • Current paper capacity utilization is around 82%, with plans to target at least 10% additional capacity utilization once power constraints ease.
  • Focus will be on specialty grade paper, which has a higher CAGR (18-20%), enabling value addition and margin improvement.

2 more points management made on revenue & sales performance

Profitability & Margins

See what Nikita Greentech Recycling Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Nikita Paper successfully raised ₹67.5 crore through IPO in May 2025.
  • Approximately ₹50 crore from the IPO proceeds is allocated for setting up a 9 MW refuse-derived fuel (RDF) waste-to-energy power plant.
  • The 9 MW plant aims for completion within 15 to 18 months, targeting 100% energy self-sufficiency and a full transition to green power.
  • Existing 3.5 MW municipal waste-to-energy plant and 1.5 MW rooftop solar plant are operational.
  • No immediate plans to increase paper production capacity beyond current 133,000 tons; focus is on specialty grade paper for value addition.
  • Pre-IPO funds of ₹6 crore were used for working capital.

2 more points management made on capital expenditure plans

Fundraising & Capital Structure

See what Nikita Greentech Recycling Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • For the corrugation grade paper (around 88-90% of production), orders are placed well in advance and production is mostly continuous based on these standing orders.
  • Certain specific sizes are only produced after receiving confirmed orders due to machine constraints.
  • For specialty grade paper, production is done by accumulating a minimum batch size from confirmed orders to meet customized quality and size requirements.
  • Overall, production is largely order-backed, especially for specialty grades, while corrugation grades have a regular flow of orders supporting near-continuous manufacturing.

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Frequently Asked Questions

What were Nikita Greentech Recycling Ltd Q4 FY25 results?

FY26 is expected to see a modest industry growth reflected in the company's top line, projected around 7-8% growth. FY26 top-line growth is expected to be modest at around 7-8%, reflecting industry growth and the gestation period for the 9 MW waste-to-energy plant.

What is Nikita Greentech Recycling Ltd share price analysis?

Nikita Greentech Recycling Ltd currently shows a neutral. The stock trades at a P/E of 16.1 with a market cap of ₹180 Cr. Investors should review the full earnings analysis for detailed insights.

Is Nikita Greentech Recycling Ltd planning capital expenditure?

Nikita Paper successfully raised ₹67.5 crore through IPO in May 2025.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.