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Nitco Ltd share Price Today

Company details

50.70
55.95
16.70
69.65
6M Return 191.41%
1Y Return 209.97%
Mkt Cap.(Cr) 402.05
Volume 128,676
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 128,676

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Nitco Ltd shares SWOT Analysis

Strengths (1)

  • Company with decreasing Promoter pledge

Weakness (11)

  • Promoter holding decreased by more than -2% QoQ
  • Negative profit growth, promoters decreasing shareholding QoQ
  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (2)

  • Highest Recovery from 52 Week Low
  • Stock with Low PE (PE < = 10)

Threats (3)

  • Promoter decreasing their shareholding
  • Big Deal (Insider and SAST) sells last month greater than 1% of total shares
  • RSI indicating price weakness

Resistance and support

R1 57.7
R2 59.5
R3 63.0
Pivot

54.20

S1 52.5
S2 49.0
S3 47.2
EMA SMA
58.7
54.4
46.0
37.0
61.6
55.5
43.0
31.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
MANSI SHARE & STOCK ADVISORS PRIVATE LIMITED Bulk Purchase 2024-03-04 70.96 439914 BSE
WATCO ENGINEERING COMPANY PVT LTD Bulk Sell 2024-03-04 69.65 1116712 NSE
WATCO ENGINEERING COMPANY PVT LTD Bulk Sell 2024-03-04 70.96 500000 BSE
Name Category Shares
Vivek Prannath Talwar PROMOTER 8.8%
Rajeshwari Prannath Talwar PROMOTER 1.15%
Anjali Vivek Talwar PROMOTER 0.76%
Aurella Estates And Investments Pvt Ltd PROMOTER 35.73%
Watco Engineering Co. Pvt. Ltd PROMOTER 2.25%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Nitco Ltd Stocks COMPARISON

Financials( in Cr) Nitco Ltd Adani Enterprises Ltd Cello World Ltd Redington Ltd Aegis Logistics Ltd
Price 55.95 3,197.10 774.00 208.45 446.65
% Change 4.97 2.40 -0.32 1.78 13.18
Mcap Cr 402.05 364,469.72 16,426.68 16,294.85 15,677.42
Revenue TTM Cr 383.69 69,420.18 1,796.70 79,376.78 8,627.21
Net Profit TTM Cr -151.25 475.37 285.07 1,439.39 510.70
PE TTM 0.00 96.19 61.82 13.53 30.44
1 Year Return 209.97 85.55 -2.24 25.61 17.54
ROCE 0.00 6.57 45.20 25.43 17.08
ROE 0.00 2.41 134.44 22.65 17.88
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: -199.27 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

Nitco Ltd Information

Stock PE (TTM)
0
Promoter Holding
50.18%
Book Value
-57.596
ROCE
0%
ROE
0%
Description
  • Nitco Limited Limited was originally incorporated on July 25, 1966 as a private limited company with the name Nitco Tiles Private Limited. On January 25, 1996, the Company got converted into public limited company and the name was changed to Nitco Tiles Limited. Subsequently, the Company changed their name from Nitco Tiles Ltd to Nitco Ltd with effect from July 10, 2008. The Company is engaged in the manufacture and marketing of ceramic tiles (wall and floor), Naturoc (gres porcelain tiles), vitrified tiles, marble, as well as real estate development. They are having their manufacturing unit located in Alibaug (Maharashtra) with an installed capacity of 0.18 million metric tons per annum. They have over 800 dealers, 18 sales and marketing offices and 23 warehouses. The company is also engaged in real estate development through their wholly owned subsidiary Nitco Realties Pvt Ltd. The company has three product segments, namely Vitrified tiles, which sources tiles from Chinese manufacturers and manufactures gres porcelain tiles; Ceramic tiles, which includes diverse product mix of ceramic tiles, including glossy, matt, wood, metal, stone, leather, rustic, dirt-free and glazed aqua finishes, and Marble, which sources multiple shades and patterns from Italy and other countries. The company started their operations with a mosaic tile manufacturing facility at Thane in the state of Maharashtra having an initial capacity of 0.6 mn sq feet per annum. In the year 1984, they started their operations in Kanjur Marg for import, processing and distribution of marble in India. In March 1995, the company started setting up the Greenfield plant to manufacture ceramic floor tiles at an approx. cost of Rs 900 million at Alibaug, Maharashtra. In the year 1997, they started full-scale commercial production at Alibaug, Maharashtra with a capacity of 10000 sq. mts. per day. In the year 2001, Mahalaxmi Tiles & Marble Company Pvt Ltd, engaged in the business of manufacture of mosaic tiles merged with the company, which increased their total capacity to 7.4 mn sq ft per annum. Also, Cospar Impex Pvt Ltd, which was engaged in import of marble, merged with the company. In the year 2002, the company set up a unit in Silvassa for processing and sale of imported marble. They made a tie up with Nanhai Shangyuan Oulian Construction Ceramics Co Ltd (now known as Foshan Chancheng Oulian Construction Ceramic Company Ltd, manufacturer of vitrified tiles from China) and Prestige General Trading (Dubai, the exporter of said vitrified tiles) for sourcing their entire requirement of vitrified tiles from them. In the year 2004, the company started manufacturing paving tiles. Also, they upgraded Alibaug plant for manufacturing Porcelain tiles. During the year 2005-06, the company increased production capacity of Mosaic Tiles from 84.86 sq ft to 90.88 sq ft. In March 2006, they installed six windmills of 7.5 MW capacity at Dhule in Maharashtra. Also, they increased ceramic floor tile capacity by 56% and commissioned in May 2006. During the year 2006-07, the company introduced innovative products, namely Timberland, Metallica, Steps and Risers, Dholpur Series, Slate Stone Series, Estonia, Matrix, Pietre Del Sol, Art Stone, Innova and African Slate. In May 2006, they undertook a capacity expansion in premium tiles of 22.80 lakh sq met per annum at Alibaug factory. During the year, the company appointed an additional outsourcing partner for vitrified tiles in China, facilitating scale and derisking. They incorporated Realties Pvt Ltd as a wholly owned subsidiary company to carry out real estate activities. During the year 2007-08, the company launched several innovative products in Ceramic and Vitrified tiles categories. In Ceramic tiles, they launched Metallica, Innova Series, Vintage Series, Estonia Series, Breton Stone Series, Timberland Series, Matrix Series, Country Series and Ethinica. In Vitrified tiles, they launched Orient White, Java, Taiga, Florence, Viva, Milano and Murano. During the year 2008, the company commenced construction of two IT parks in Thane and a premium residential project in Worli. They launched 12 Le Studios across major Indian cities. During the year 2008-09, the company commissioned the new plant for the manufacture of premium Gres Porcelain Tiles-Naturoc. Initially, the company manufactured mosaic tiles. Over the year, they have added several new products namely marble, ceramic tiles, vitrified tiles, cement, etc., and have built a strong distribution network which caters to the building construction industry. During the year 2009-10, the company launched new brand "NATUROC", a superior quality gres porcelain floor tiles manufactured for the first time in India and also launched a large collection of wall tiles. They installed an automatic palletiser to reduce handling breakages Embarked on the co-generation of 5.5 MW. The company invested in a marble quarry through a wholly owned subsidiary in Turkey. In January 2011, the company commissioned 5.5 MW co-generation captive power plant (supplied by Turbomach S A, Switzerland) at their ceramic tile manufacturing facility at Alibaug in Maharashtra. Also, the expansion at the state-of-the-art marble processing plant at Silvassa was completed during the financial year 2010-11. Particle Boards India Ltd (PBIL), step down subsidiary was amalgamated with the Company in 2010-11 and made effective from August 01, 2011. In terms of the said Scheme of Amalgamation, 4,76,580 equity shares of Rs. 10 each of the Company were allotted to the shareholders of the erstwhile PBIL on August 12, 2011. The Marble processing plant at Silvassa commenced commercial operations in 2012. The Company installed automatic palletizer and polishing Line at ceramic tiles plant at Alibaug. The Company in 2013, acquired 51% stake in the equity of New Vardhman Vitrified Private Limited (NVVPL) and the said Company had set up a plant in Wakaner, Morbi, Gujarat for manufacturing 8 million sq. mtrs (approximately) of vitrified tiles and wall tiles. The plant has commenced its production towards the end of the financial year 2012-13. In 2015-16, the Company subsidiary, NVVPL carried out an extension of the existing plant to produce Glazed Vitrified Tiles with a capacity of 1.8 million sq.mtrs. The plant commenced manufacture of GVT during last quarter of FY 2015-16. The Company in 2021-22, launched an industry first premium collection "GIBRALTOR" comprising 11 pastel shades of "Pop Up" colours (600 cm X1200 cm) across its dealerships on December 9, 2021. It also launched 5 new designs (600mm X 600mm) under its Full Body Vitrified portfolio for the retail segment. Apart from these innovative and technical tiles, Nitco also launched 16 new designs in a new segment of 400mm X400mm Exterior Floor Tiles under brand Kratos. In 2022-23, it opened 27 franchise stores.

Registered Address

Nitco house Recondo Compound, S K Ahire Marg Worli, Mumbai, Maharashtra, 400030

Tel : 91-22-6752 1555
Email : investorgrievances:nitco.in
Website : http://www.nitco.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532722
NSE Code : NITCO
Book Closure Date (Month) : Sep
BSE Group : T
ISIN : INE858F01012

FAQ’s on Nitco Ltd Shares

You can buy Nitco Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nitco Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:42 PM the closing price of Nitco Ltd was ₹ 55.95.

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 Mar 28, 2024 03:42 PM, the market cap of Nitco Ltd stood at ₹ 402.05.

The latest PE ratio of Nitco Ltd as of Mar 28, 2024 03:42 PM is 0

The latest PB ratio of Nitco Ltd as of Mar 28, 2024 03:42 PM is -1.03

The 52-week high of Nitco Ltd share price is ₹ 69.65 while the 52-week low is ₹ 16.70

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