Nidhi Granites Share Price & Earnings Call Analysis

₹264.80+6.60% today
Market cap
₹212 Cr
P/E
25.40
ROE
41.05%
PEG
0.16
Price to sales
3.46
Debt to equity
0.12
52W high / low
₹459 / ₹189
Sales growth (5Y)
237.28%
EBITDA margin
21.97%
Net profit margin
11.73%
Promoter holding
66.75%
Sales (last year)
₹61 Cr

Potential multibaggers · Q2 FY27

Potential multibaggers in Other Construction Materials
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Glass Wall Syst.Good growth
    3

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Other Construction Materials companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹28 Cr9.1
240%+Flat₹1,139 Cr17.2
3Glass Wall Syst.20–40%Flat₹1,863 Cr26.2
420–40%Flat₹387 Cr9.2
510–20%Up 0–2%₹346 Cr6.3

Nidhi Granites announcements

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Financials of Nidhi Granites

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Nidhi Granites

Quarterly Results

Quarter-by-quarter operating performance

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales +6.855.937.788.6810.6611.389.2812.1013.4110.4819.8113.1815.55
Expenses +6.615.727.498.399.8811.198.5411.6612.5111.0716.5811.0612.15
Operating Profit0.240.210.290.290.780.190.740.440.90-0.593.232.123.40
OPM %3.50%3.54%3.73%3.34%7.32%1.67%7.97%3.64%6.71%-5.63%16.30%16.08%21.86%
Other Income +0.110.110.070.140.100.260.511.140.51-0.110.070.070.07
Interest0.080.060.090.170.090.100.110.110.080.070.050.050.07
Depreciation0.140.130.160.180.190.190.170.170.160.130.200.300.46
Profit before tax0.130.130.110.080.600.160.971.301.17-0.903.051.842.94
Tax %15.38%69.23%27.27%25.00%25.00%43.75%21.65%15.38%19.66%-3.33%26.56%29.35%25.17%
Net Profit +0.120.040.080.060.450.090.751.100.94-0.882.241.292.21
EPS in Rs0.340.080.150.080.560.110.941.381.18-1.102.801.612.76

Financials of Nidhi Granites

Profit & Loss

Annual income statement trend

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales +0.1515.9125.6438.5145.2859.02
Expenses +0.1315.0524.3836.9543.7650.86
Operating Profit0.020.861.261.561.528.16
OPM %13.33%5.41%4.91%4.05%3.36%13.83%
Other Income +0.000.030.030.572.010.10
Interest0.000.110.210.450.370.24
Depreciation0.000.270.450.720.631.09
Profit before tax0.020.510.630.962.536.93
Tax %-250.00%39.22%31.75%28.12%24.11%
Net Profit +0.070.300.440.681.924.86
EPS in Rs0.472.000.830.852.406.07
Dividend Payout %0.00%0.00%0.00%0.00%0.00%

Financials of Nidhi Granites

Balance Sheet

Capital structure and asset base

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital0.750.752.654.008.008.00
Reserves1.374.046.708.966.8810.40
Borrowings +0.000.973.294.473.171.99
Other Liabilities +0.012.463.984.323.938.54
Total Liabilities2.138.2216.6221.7521.9828.93
Fixed Assets +0.000.912.153.355.046.92
CWIP0.000.000.000.000.000.00
Investments0.000.260.510.762.151.39
Other Assets +2.137.0513.9617.6414.7920.62
Total Assets2.138.2216.6221.7521.9828.93

Financials of Nidhi Granites

Cash Flows

Operating, investing and financing cash movement

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +-0.160.19-2.12-1.111.50
Cash from Investing Activity +2.22-3.26-0.62-3.22-0.39
Cash from Financing Activity +0.002.305.273.15-0.91
Net Cash Flow2.07-0.772.53-1.190.20
Free Cash Flow-0.16-0.31-2.84-2.55-1.47
CFO/OP-800%45%-151%-50%127%

Financials of Nidhi Granites

Ratios

Working capital efficiency and return ratios

Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days0.00100.2572.6067.7737.97
Inventory Days25.3536.5428.3449.53
Days Payable48.7962.2541.1627.91
Cash Conversion Cycle0.0076.8146.8854.9559.59
Working Capital Days0.0072.2784.5699.0564.73
ROCE %15.74%9.13%9.44%16.57%

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