Nitco Ltd.
Snapshot View

24.80 -0.65 ▼-2.6%

05 August 2021, 02:14:00 P.M.
Volume: 2,745

Overview View Details

Sector Construction Materials Compare with Sector peers
Industry Ceramics/Marble/Granite/Sanitaryware Compare with Industry peers
Website http://www.nitcotiles.com
Financial Indicators
Market Cap 182.88 Cr.
Earnings per share (EPS) -19.05 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 54.10 Trailing Twelve Months Ending 2021-03
Book Value / Share -10.04 Trailing Twelve Months Ending 2021-03
Price to Book Value -2.54 Calculated using Price: 25.45
Dividend Yield 0.00 Period Ending 2020-03
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
-2.55%
1 Week
-4.98%
1 Month
-11.43%
3 Month
+23.08%
6 Month
+2.27%
1 Year
+55.97%
2 Year
+20.68%
5 Year
-59.77%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -11.22 -65.25 -126.26 -449.18 2,007.78 -49.65 -91.41
Return on Capital Employed (%) 1.56 -5.68 -4.11 -4.88 -3.53 -1.96 15.65 -3.82 -5.30
Return on Assets (%) -3.49 -13.58 -12.57 -7.38 -3.79 -2.22 13.04 -4.52 -6.18

Balance Sheet View Details

Particulars 9 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.
Shh. Funds 478 272 90 -38 -98 -129 165 112 64
Non Curr. Liab. 356 1,235 960 823 693 496 823 751 559
Curr. Liab. 936 178 589 747 917 1,097 342 434 419
Minority Int. 16 16 17 19 21 17 11 -14
Equity & Liab. 1,770 1,701 1,655 1,550 1,531 1,485 1,348 1,308 1,028
Non Curr. Assets 799 878 839 775 725 682 604 594 516
Curr. Assets 971 823 816 775 806 804 743 713 513
Misc. Exp. not W/O
Total Assets 1,770 1,701 1,655 1,550 1,531 1,485 1,348 1,308 1,028

Profit Loss View Details

Particulars 9 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.
Net Sales 939 854 831 885 832 716 610 595 461
Other Income 0 2 2 2 2 2 5 2 9
Total Income 940 855 833 887 833 718 615 597 470
Total Expenditure -854 -890 -845 -883 -813 -692 -606 -596 -511
PBIDT 85 -35 -12 4 20 26 9 0 -41
Interest -75 -154 -150 -50 -12 -8 -14 -22 -23
Depreciation -33 -42 -47 -70 -63 -50 -81 -39 -39
Taxation 0 -5 -2 -2 -1 -1 23 1 -1
Exceptional Items -34 -3 248 32
PAT -57 -236 -211 -118 -58 -34 185 -60 -72

Cash Flow View Details

Particulars 9 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.
Cash Fr. Operatn. 143 -279 51 11 9 31 370 25 35
Cash Fr. Inv. -140 -120 -14 0 -11 -10 -6 -11 -4
Cash Fr. Finan. 55 396 -46 -15 4 -25 -367 -16 -36
Net Change 58 -3 -9 -4 1 -4 -3 -2 -5
Cash & Cash Eqvt 58 38 29 25 25 21 18 16 11

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 53.00 53.00 53.00 53.00 53.00 53.02 53.02 53.02 53.02
Public 47.00 47.00 47.00 47.00 47.00 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 91.41 91.41 91.41 91.38 91.38 91.38 91.38

Announcements View Details

Sat, 31 Jul 2021
Disclosures By Listed Entities Of Defaults On Payment Of Interest/ Repayment Of Principal Amount For Loans<BR> 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, 30 Jul 2021
Board Meeting Intimation for Intimation For Board Meeting Pursuant To Regulation 29 Of The SEBI (LODR) Regulations 2015.
NITCO LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2021 inter alia to consider and approve This is to inform you that the Meeting of the Board of Directors is scheduled to be held on Wednesday the 11th day of August 2021 through video conferencing to consider and approve the Un-audited Financial Results for the quarter ended 30th June 2021.
Wed, 14 Jul 2021
Announcement under Regulation 30 (LODR)-Change in Directorate
Pursuant to the Regulation 30 read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the tenure of Mr. Siddharth Kothari who was appointed as an Independent Director of the Company for a term of two years starting from July 15 2019 to July 14 2021 shall come to end today at the business closing hours of July 14 2021. Consequently Mr. Siddharth Kothari shall cease to act as an Independent Director of the Company.

Technical Scans View Details

Wed, 04 Aug 2021
High Delivery Percentage High Delivery Percentage
Closing Below Previous Low Closing Below Previous Low
Tue, 03 Aug 2021
High Delivery Percentage High Delivery Percentage
Higher Delivery Quantity Higher Delivery Quantity
Higher Delivery Quantity and Percentage Higher Delivery Quantity and Percentage

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