Nitco Ltd.
Snapshot View

28.30 -1.20 ▼-4.1%

25 May 2022, 04:01:00 PM
Volume: 63,446

Overview View Details

Sector Construction Materials Compare with Sector peers
Industry Ceramics/Marble/Granite/Sanitaryware Compare with Industry peers
Website http://www.nitco.in
Market Cap 202.28 Cr.
Enterprise Value(EV) 521.30 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) -19.10 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-12
Industry PE 37.67 Trailing Twelve Months Ending 2021-12
Book Value / Share -22.47 Trailing Twelve Months Ending 2021-12
Price to Book Value -1.26 Calculated using Price: 28.30
Dividend Yield 0.00 Period Ending 2021-03
No. of Shares Subscribed 7.19 Cr. 71,858,955 Shares
FaceValue 10
Company Profile

Nitco is engaged in the manufacture of flooring tiles in India. Previously known as Nitco Tiles, the company is one of the largest manufacturers of flooring tiles in India.

Headquartered in Mumbai, the Nitco Group owns 4 factories and various offices in major cities. The company has a distribution network of 18 depots, 750 direct dealers and over 5000 retail outlets spread across the country.

Nitco exports 20% of its production to various countries. It has global presence across 24 countries, including the United States, Canada, Europe, Africa, Oman, UAE and the Indian Ocean countries, and this network is fast growing. The company has installed 6 wind turbine generators. The company has created brands like INTARSIA, MOSAICO

Products

The company is engaged in the manufacture of ceramic tiles, vitrified tiles, mosaico, marble, cement terrazzo tiles and cement.

It manufactures OPC 43 Grade cement and has presence in Mumbai, Pune, Tamil Nadu, Karnataka and Kerala. Under cement, it has created brands like Lucky Cement, DG Khan Cement and Maple Leaf Cement.

Milestones

1966-Nitco was incorporated.

1984-The company started processing and distribution of imported marble. 

1997-The company commenced manufacturing of ceramic tiles at Alibag.

2001- Import of vitrified tiles.

2002-Company’s processing unit in Silvassa was awarded with ‘Quality Excellence Award’.

2004- Nitco commenced upgradation of its ceramic tiles plant. 

2006- The company expanded manufacturing capacity of ceramic tiles that is located at Alibag.         

Company got listed on Bombay Stock Exchange and National Stock Exchange.         

Nitco forayed into real estate development business through Nitco Realties

2007-Nitco opened 10 exclusive showrooms-'Lee Studio' across India.        

The company received Best SAP Project Implementation Award from SAP India.        

Company plans for expansion of manufacturing capacity for vitrified tiles at Gujrat and ceramic tiles at Alibag        

Recognition

Nitco has received the status of 'Export House' by the Government of India in the year 2002.

Nitco has also received Capexil award for exports excellence, for the 13th consecutive year.

2009 - Construction World Award Winner.
Nitco becomes a one stop shop solution, providing all premium flooring solutions, by including wall tiles to its product portfolio.
2010 - Setup of world class marble processing facility from Breton (Italy) at Silvassa
2012 - Approval of CDR Package and Issuance of LOA.
2013 - NITCO bags 20th rank in dream company to work for category by The World HRD Congress Award.

 

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-4.07%
1 Week
+16.22%
1 Month
+6.19%
3 Month
+9.27%
6 Month
+12.75%
1 Year
+26.34%
2 Year
+92.52%
5 Year
-55.01%
10 Year
+1.07%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) -65.25 -126.26 -449.18 2,007.78 -49.65 -91.41
Return on Capital Employed (%) -5.68 -4.11 -4.88 -3.53 -1.96 15.65 -3.82 -5.33 -11.17
Return on Assets (%) -13.58 -12.57 -7.38 -3.79 -2.22 13.04 -4.52 -6.18 -14.34

Balance Sheet View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 272 90 -38 -98 -129 165 112 64 -73 -132
Non Curr. Liab. 1,235 960 823 693 496 823 751 559 460 331
Curr. Liab. 178 589 747 917 1,097 342 434 419 553 690
Minority Int. 16 16 17 19 21 17 11 -14 -17 -17
Equity & Liab. 1,701 1,655 1,550 1,531 1,485 1,348 1,308 1,028 923 873
Non Curr. Assets 878 839 775 725 682 604 594 516 450 436
Curr. Assets 823 816 775 806 804 743 713 513 473 437
Misc. Exp. not W/O
Total Assets 1,701 1,655 1,550 1,531 1,485 1,348 1,308 1,028 923 873

Profit Loss View Details

Particulars 10 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 854 831 885 832 716 610 595 460 327 409
Other Income 2 2 2 2 2 5 2 9 3 8
Total Income 855 833 887 833 718 615 597 469 330 417
Total Expenditure -890 -845 -883 -813 -692 -606 -596 -557 -382 -457
PBIDT -35 -12 4 20 26 9 0 -88 -52 -40
Interest -154 -150 -50 -12 -8 -14 -22 -23 -54 -62
Depreciation -42 -47 -70 -63 -50 -81 -39 -31 -31 -31
Taxation -5 -2 -2 -1 -1 23 1 -1 -4 -4
Exceptional Items -3 248 70
PAT -236 -211 -118 -58 -34 185 -60 -72 -140 -137
Minority Interest 0 -1 -2 0 4 6 25 3
Share Associate
Other Related Items
Consolidated Net Profit -236 -211 -119 -60 -33 189 -54 -47 -137 -137
Adjusted EPS -72 -39 -22 -11 -6 26 -7 -7 -19 -19

Cash Flow View Details

Particulars 10 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 143 -279 51 11 9 31 370 25 35 12
Cash Fr. Inv. -140 -120 -14 0 -11 -10 -6 -11 -4 -2
Cash Fr. Finan. 55 396 -46 -15 4 -25 -367 -16 -36 -8
Net Change 58 -3 -9 -4 1 -4 -3 -2 -5 2
Cash & Cash Eqvt 58 38 29 25 25 21 18 16 11 13

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 53.00 53.00 53.02 53.02 53.02 53.02 53.02 53.02 53.02
Public 47.00 47.00 46.98 46.98 46.98 46.98 46.98 46.98 46.98
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 91.41 91.41 91.38 91.38 91.38 91.38 91.38 91.38 91.38

Announcements View Details

Wed, 18 May 2022
Board Meeting Intimation for Meeting Of The Board Of Directors Of NITCO Limited Is Scheduled To Be Held On Thursday The 26Th Day Of May 2022 Through Video Conferencing To Consider And Approve The Audited Financial Results For The Quarter And Year Ended March 31 2022.
NITCO LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 inter alia to consider and approve Meeting of the Board of Directors of NITCO Limited is scheduled to be held on Thursday the 26th day of May 2022 through video conferencing to consider and approve the Audited Financial Results for the quarter and year ended March 31 2022.
Sun, 01 May 2022
Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans Including Revolving Facilities Like Cash Credit From Banks / Financial Institutions
Disclosures by listed entities of defaults on payment of interest/ repayment of principal amount for loans including revolving facilities like cash credit from banks / financial institutions
Fri, 29 Apr 2022
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayNITCO LTD.
2CINL26920MH1966PLC016547
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 811.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: NIL
Designation: NA
EmailId: investorgrievances@nitco.in
Name of the Chief Financial Officer: Shirish Suvagia
Designation: Chief Financial Officer
EmailId: shirishsuvagia@nitco.in

Date: 29/04/2022

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.

Technical Scans View Details

Wed, 25 May 2022
Higher Delivery Quantity Higher Delivery Quantity
Higher Trade Quantity Higher Trade Quantity
Higher Trade and Delivery Quantity Higher Trade and Delivery Quantity
Opening at High Opening at High
Closing Below Previous Low Closing Below Previous Low

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