About
Nidhi Granites Limited manufactures and trades in granite and marble slabs, tiles, and sandstone and limestone products in India. It also offers garments, construction materials, and financial technology and related services. The company was incorporated in 1981 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap228 Cr
P/E27.30
Div Yield0.00 %
Book Value₹28.20
52w High₹481.00
52w Low₹181.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.84 | 16.66 | 15.55 | 13.18 | 19.81 | 10.48 | 13.41 | 12.10 | 9.28 | 11.38 | 10.66 | 8.68 | 7.78 |
| Expenses | 11.52 | 13.05 | 12.15 | 11.06 | 16.58 | 11.07 | 12.51 | 11.66 | 8.54 | 11.19 | 9.88 | 8.39 | 7.49 |
| Operating Profit | 4.32 | 3.61 | 3.40 | 2.12 | 3.23 | -0.59 | 0.90 | 0.44 | 0.74 | 0.19 | 0.78 | 0.29 | 0.29 |
| OPM % | 27.27 | 21.67 | 21.86 | 16.08 | 16.30 | -5.63 | 6.71 | 3.64 | 7.97 | 1.67 | 7.32 | 3.34 | 3.73 |
| Other Income | 0.20 | 0.07 | 0.07 | 0.07 | 0.07 | -0.11 | 0.51 | 1.14 | 0.51 | 0.26 | 0.10 | 0.14 | 0.07 |
| Depreciation | 0.63 | 0.61 | 0.46 | 0.30 | 0.20 | 0.13 | 0.16 | 0.17 | 0.17 | 0.19 | 0.19 | 0.18 | 0.16 |
| Interest | 0.04 | 0.14 | 0.07 | 0.05 | 0.05 | 0.07 | 0.08 | 0.11 | 0.11 | 0.10 | 0.09 | 0.17 | 0.09 |
| Profit before tax | 3.85 | 2.93 | 2.94 | 1.84 | 3.05 | -0.90 | 1.17 | 1.30 | 0.97 | 0.16 | 0.60 | 0.08 | 0.11 |
| Tax % | 24.94 | 33.79 | 25.17 | 29.35 | 26.56 | -3.33 | 19.66 | 15.38 | 21.65 | 43.75 | 25.00 | 25.00 | 27.27 |
| Net Profit | 2.90 | 1.94 | 2.21 | 1.29 | 2.24 | -0.88 | 0.94 | 1.10 | 0.75 | 0.09 | 0.45 | 0.06 | 0.08 |
| EPS in Rs | 3.62 | 2.42 | 2.76 | 1.61 | 2.80 | -1.10 | 1.18 | 1.38 | 0.94 | 0.11 | 0.56 | 0.08 | 0.15 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Sales | 65.47 | 47.29 | 39.09 | 25.64 | 15.91 | 0.15 |
| Expenses | 52.85 | 43.76 | 36.95 | 24.38 | 15.05 | 0.13 |
| Operating Profit | 12.62 | 3.53 | 2.14 | 1.26 | 0.86 | 0.02 |
| OPM % | 19.28 | 7.46 | 5.47 | 4.91 | 5.41 | 13.33 |
| Other Income | 0.01 | 0.00 | -0.01 | 0.03 | 0.03 | 0.00 |
| Interest | 0.31 | 0.37 | 0.45 | 0.21 | 0.11 | 0.00 |
| Depreciation | 1.57 | 0.63 | 0.72 | 0.45 | 0.27 | 0.00 |
| Profit before tax | 10.75 | 2.53 | 0.96 | 0.63 | 0.51 | 0.02 |
| Tax % | 28.56 | 24.11 | 28.12 | 31.75 | 39.22 | -250.00 |
| Net Profit | 7.68 | 1.92 | 0.68 | 0.44 | 0.30 | 0.07 |
| EPS in Rs | 9.60 | 2.40 | 0.85 | 0.83 | 2.00 | 0.47 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Equity Capital | 8.00 | 8.00 | 4.00 | 2.65 | 0.75 | 0.75 |
| Reserves | 14.54 | 6.88 | 8.96 | 6.70 | 4.04 | 1.37 |
| Borrowings | 2.77 | 3.17 | 4.47 | 3.29 | 0.97 | 0.00 |
| Other Liabilities | 7.32 | 3.93 | 4.32 | 3.98 | 2.46 | 0.01 |
| Total Liabilities | 32.63 | 21.98 | 21.75 | 16.62 | 8.22 | 2.13 |
| Fixed Assets | 9.73 | 5.04 | 3.35 | 2.15 | 0.91 | 0.00 |
| CWIP | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.61 | 2.15 | 0.76 | 0.51 | 0.26 | 0.00 |
| Other Assets | 21.76 | 14.79 | 17.64 | 13.96 | 7.05 | 2.13 |
| Total Assets | 32.63 | 21.98 | 21.75 | 16.62 | 8.22 | 2.13 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 5.80 | 1.50 | -1.11 | -2.12 | 0.19 | -0.16 |
| Cash from Investing Activity | -3.00 | -0.39 | -3.22 | -0.62 | -3.26 | 2.22 |
| Cash from Financing Activity | -1.94 | -0.91 | 3.15 | 5.27 | 2.30 | 0.00 |
| Net Cash Flow | 0.87 | 0.20 | -1.19 | 2.53 | -0.77 | 2.07 |
| Free Cash Flow | 0.80 | -1.47 | -2.55 | -2.84 | -0.31 | -0.16 |
| CFO/OP % | 63.00 | 55.00 | -36.00 | -151.00 | 45.00 | -800.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Debtor Days | 51.01 | 36.35 | 66.76 | 72.60 | 100.25 | 0.00 |
| Inventory Days | 50.78 | 49.53 | 28.34 | 36.54 | 25.35 | — |
| Days Payable | 37.55 | 27.91 | 41.16 | 62.25 | 48.79 | — |
| Cash Conversion Cycle | 64.23 | 57.98 | 53.95 | 46.88 | 76.81 | 0.00 |
| Working Capital Days | 57.98 | 61.98 | 97.58 | 84.56 | 72.27 | 0.00 |
| ROCE % | 51.01 | 16.57 | 9.44 | 9.13 | 15.74 | — |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 02 May 2024 | 02 May 2024 | 1:1 | — |