About
NITCO Limited engages in the tiles and marble business in India and internationally. It operates in two segments, Tiles and Related Products; and Real Estate. The company provides vitrified tiles, such as glazed, DCH, heavy duty and SST; wooden tiles, including wall, floor, ceramic and vitrified; ceramic wall and floor tiles; and digital, Italian, and porcelain tiles. It also offers anti-bacterial, anti-skid vitrified, anti-skid ceramic, as well as stain, scratch, and chemical resistance tiles. In addition, the company provides marble products; and is involved in the development of real estate properties. It sells its products under the Le Studio Express, NITCO Look brands. NITCO Limited was founded in 1953 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap2,306 Cr
P/E—
Div Yield0.00 %
Book Value₹15.20
52w High₹126.00
52w Low₹64.00
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 | 115.49 | 151.75 | 131.18 | 107.10 | 149.68 | 92.93 | 84.05 | 65.47 | 69.31 | 71.19 | 79.42 | 80.51 | 91.90 |
| Expenses | 123.65 | 156.33 | 136.98 | 120.56 | 99.65 | 99.38 | 89.75 | 76.08 | 80.37 | 92.78 | 87.43 | 82.68 | 96.85 |
| Operating Profit | -8.16 | -4.58 | -5.80 | -13.46 | 50.03 | -6.45 | -5.70 | -10.61 | -11.06 | -21.59 | -8.01 | -2.17 | -4.95 |
| OPM % | -7.07 | -3.02 | -4.42 | -12.57 | 33.42 | -6.94 | -6.78 | -16.21 | -15.96 | -30.33 | -10.09 | -2.70 | -5.39 |
| Other Income | 1.61 | 1.44 | -2.25 | 2.32 | 2.85 | 9.81 | -472.60 | 12.76 | 1.16 | 0.72 | 0.55 | 1.83 | 1.71 |
| Depreciation | 1.58 | 1.67 | 1.51 | -14.09 | 2.55 | 2.99 | 169.88 | 7.22 | 7.15 | 7.25 | 7.34 | 7.33 | 7.24 |
| Interest | 1.12 | 1.54 | 1.06 | 0.96 | 1.12 | 2.31 | 10.56 | 26.95 | 26.47 | 25.03 | 24.23 | 23.97 | 21.95 |
| Profit before tax | -9.25 | -6.35 | -10.62 | 1.99 | 49.21 | -1.94 | -658.74 | -32.02 | -43.52 | -53.15 | -39.03 | -31.64 | -32.43 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.02 |
| Net Profit | -9.25 | -6.36 | -10.61 | 1.99 | 49.21 | -1.94 | -658.73 | -32.02 | -43.52 | -53.15 | -39.02 | -31.65 | -32.76 |
| EPS in Rs | -0.38 | -0.26 | -0.46 | 0.09 | 2.15 | -0.08 | -91.67 | -4.46 | -6.06 | -7.40 | -5.43 | -4.40 | -4.56 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 540.00 | 312.00 | 323.00 | 382.00 | 409.00 | 325.00 | 458.00 | 588.00 | 599.00 | 696.00 | 823.00 | 874.00 |
| Expenses | 514.00 | 508.00 | 360.00 | 419.00 | 448.00 | 365.00 | 506.00 | 587.00 | 595.00 | 689.00 | 827.00 | 891.00 |
| Operating Profit | 26.00 | -196.00 | -37.00 | -37.00 | -39.00 | -40.00 | -47.00 | 2.00 | 4.00 | 7.00 | -5.00 | -17.00 |
| OPM % | 4.80 | -63.00 | -11.00 | -10.00 | -10.00 | -12.00 | -10.00 | 0.30 | 0.70 | 1.00 | -0.60 | -1.90 |
| Other Income | 21.00 | -449.00 | 5.00 | -11.00 | 7.00 | 3.00 | 41.00 | 2.00 | 249.00 | 1.00 | -2.00 | -6.00 |
| Interest | 5.00 | 66.00 | 95.00 | 73.00 | 64.00 | 54.00 | 23.00 | 19.00 | 8.00 | 3.00 | 5.00 | 42.00 |
| Depreciation | 8.00 | 25.00 | 29.00 | 29.00 | 30.00 | 31.00 | 31.00 | 31.00 | 72.00 | 38.00 | 51.00 | 62.00 |
| Profit before tax | 34.00 | -736.00 | -156.00 | -151.00 | -126.00 | -121.00 | -60.00 | -47.00 | 172.00 | -32.00 | -63.00 | -127.00 |
| Tax % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.00 | 1.00 | 0.00 | -12.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 34.00 | -736.00 | -157.00 | -151.00 | -126.00 | -125.00 | -61.00 | -47.00 | 193.00 | -32.00 | -63.00 | -127.00 |
| EPS in Rs | 1.42 | -32.19 | -21.79 | -21.05 | -17.52 | -17.41 | -8.52 | -6.53 | 26.80 | -5.88 | -11.48 | -23.26 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 241.00 | 229.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 72.00 | 55.00 | 55.00 | 55.00 |
| Reserves | 145.00 | 33.00 | -574.00 | -418.00 | -267.00 | -141.00 | -17.00 | 45.00 | 92.00 | -189.00 | -157.00 | -94.00 |
| Borrowings | 250.00 | 213.00 | 965.00 | 882.00 | 812.00 | 758.00 | 552.00 | 864.00 | 850.00 | 1,293.00 | 1,301.00 | 1,276.00 |
| Other Liabilities | 313.00 | 308.00 | 236.00 | 252.00 | 224.00 | 205.00 | 378.00 | 272.00 | 236.00 | 225.00 | 232.00 | 214.00 |
| Total Liabilities | 948.00 | 783.00 | 698.00 | 788.00 | 841.00 | 893.00 | 985.00 | 1,253.00 | 1,251.00 | 1,384.00 | 1,431.00 | 1,451.00 |
| Fixed Assets | 70.00 | 84.00 | 309.00 | 337.00 | 363.00 | 392.00 | 417.00 | 443.00 | 464.00 | 533.00 | 564.00 | 608.00 |
| CWIP | 10.00 | 2.00 | 2.00 | 2.00 | 3.00 | 3.00 | 4.00 | 5.00 | 3.00 | 2.00 | 2.00 | 4.00 |
| Investments | 9.00 | 9.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 27.00 | 27.00 | 27.00 | 27.00 | 27.00 |
| Other Assets | 859.00 | 687.00 | 380.00 | 442.00 | 468.00 | 491.00 | 557.00 | 778.00 | 756.00 | 821.00 | 838.00 | 811.00 |
| Total Assets | 948.00 | 783.00 | 698.00 | 788.00 | 841.00 | 893.00 | 985.00 | 1,253.00 | 1,251.00 | 1,384.00 | 1,431.00 | 1,451.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -154.00 | -139.00 | -1.00 | 3.00 | 5.00 | 11.00 | 23.00 | 17.00 | 430.00 | 16.00 | -14.00 | 22.00 |
| Cash from Investing Activity | -15.00 | 3.00 | -1.00 | 0.00 | 4.00 | -1.00 | -4.00 | -10.00 | -5.00 | -9.00 | -6.00 | 0.00 |
| Cash from Financing Activity | 104.00 | 220.00 | -3.00 | -3.00 | -9.00 | -6.00 | -25.00 | -6.00 | -428.00 | -10.00 | 21.00 | -17.00 |
| Net Cash Flow | -65.00 | 84.00 | -4.00 | -1.00 | 0.00 | 4.00 | -6.00 | 1.00 | -3.00 | -3.00 | 1.00 | 5.00 |
| Free Cash Flow | -164.00 | -133.00 | -2.00 | 2.00 | 8.00 | 10.00 | 19.00 | 7.00 | 425.00 | 7.00 | -19.00 | 19.00 |
| CFO/OP % | -600.00 | 70.00 | 3.00 | -8.00 | -12.00 | -28.00 | -22.00 | 1,077.00 | 10,700.00 | 224.00 | 302.00 | -138.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 114.00 | 75.00 | 42.00 | 71.00 | 86.00 | 111.00 | 115.00 | 127.00 | 110.00 | 73.00 | 68.00 | 51.00 |
| Inventory Days | 403.00 | 509.00 | 294.00 | 260.00 | 239.00 | 333.00 | 257.00 | 288.00 | 282.00 | 272.00 | 239.00 | 228.00 |
| Days Payable | 119.00 | 144.00 | 225.00 | 189.00 | 159.00 | 183.00 | 154.00 | 182.00 | 142.00 | 121.00 | 117.00 | 106.00 |
| Cash Conversion Cycle | 397.00 | 441.00 | 111.00 | 141.00 | 166.00 | 261.00 | 218.00 | 234.00 | 251.00 | 225.00 | 190.00 | 173.00 |
| Working Capital Days | 289.00 | 265.00 | -762.00 | -526.00 | -381.00 | -81.00 | 96.00 | 161.00 | 227.00 | -151.00 | -107.00 | -45.00 |
| ROCE % | 8.00 | -45.00 | -12.00 | -11.00 | -10.00 | -10.00 | -9.00 | -3.00 | -6.00 | -3.00 | -5.00 | -6.00 |
Corporate Actions
18 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Other | 16 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 17 Sep 2020 | — | — | — | Annual General Meeting |
| Other | 11 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2018 | — | — | — | Annual General Meeting |
| Other | 12 Feb 2018 | — | — | — | E.G.M. |
| Other | 12 Feb 2018 | — | — | — | Extra-Ordinary General Meeting |
| Other | 11 Sep 2017 | — | — | — | Annual General Meeting |
| Other | 09 Sep 2016 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2015 | — | — | — | Annual General Meeting |
| Other | 10 Sep 2014 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2013 | — | — | — | Annual General Meeting |
| Other | 13 Sep 2012 | — | — | — | Annual General Meeting |
| Dividend | 20 Sep 2011 | — | — | 0.50 | |
| Other | 07 Sep 2010 | — | — | — | Annual General Meeting |
| Dividend | 09 Sep 2009 | — | — | 1.00 | |
| Dividend | 15 Sep 2008 | — | — | 2.00 | |
| Dividend | 03 Dec 2007 | — | — | 2.00 | |
| Dividend | 11 Aug 2006 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update9 Sep 2025 from infomerics
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Rating update9 Sep 2025 from infomerics
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Rating update18 Aug 2025 from infomerics
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Rating update3 Sep 2024 from infomerics