Nitco
84.00
+4.06(+5.08%)
Market Cap₹1,924.58 Cr
PE Ratio-2.95
Company Performance:
1D+5.08%
1M-15.27%
6M-33.16%
1Y-31.50%
5Y+250.73%
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More news about Nitco
09Jan 26
NITCO Limited Reports Strong 85% Sales Growth in December 2025
NITCO Limited achieved remarkable 85% sales growth in December 2025 compared to January 2025, driven by higher customer demand, strengthened product portfolio, and operational efficiencies. Chairman Vivek Talwar attributed the success to strong business strategy and customer trust, while the company maintains focus on sustainable growth through investments in innovation, capacity expansion, and customer experience. The tiles, marble, and mosaic company remains optimistic about future prospects while emphasizing financial discipline and market position strengthening.
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26Nov 25
NITCO Aims for Rs 1,000 Crore Cash Flow Target Amid Fluctuating Financial Performance
NITCO Tiles has set a target to generate cash flow exceeding Rs 1,000 crores within the next 3-5 years. Recent financial data shows significant fluctuations in the company's cash flow. While net cash flow improved to Rs 84.10 crores, operating activities cash flow worsened to Rs -148.00 crores. Financing activities saw a substantial increase to Rs 228.00 crores. The company's working capital turned negative at Rs -117.50 crores, indicating potential liquidity challenges. Despite these mixed results, NITCO's ambitious target reflects confidence in future growth prospects.
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25Nov 25
NITCO Limited Reports Strong Q2 FY2026 Growth, Projects 44% Revenue Increase for FY2026
NITCO Limited, a manufacturer of tiles, marble, and mosaic products, released its Q2 FY2026 corporate presentation showing significant growth. The company reported a 62.63% year-on-year revenue increase to INR 106.2 crores in Q2 FY2026. For H1 FY2026, NITCO achieved 91% growth. The company projects a 44% revenue growth for FY2026 compared to FY2025. Despite strong revenue growth, EBITDA remains negative at INR -11.10 crores. Net profit turned positive at INR 2.00 crores. NITCO's growth is supported by debt restructuring, working capital infusion, and a financial partnership with Authum Investment Infrastructure Ltd.
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12Nov 25
NITCO Limited Reports Q2 Results: Asset Impairment Reversal and ESOP Implementation
NITCO Limited announced Q2 FY2026 results with total revenue at Rs. 10,770.07 crore, up from Rs. 6,601.25 crore year-over-year. Profit before tax reached Rs. 94.10 crore, recovering from a loss of Rs. 3,460.92 crore in Q2 FY2025. The company reversed a Rs. 16.50 crore impairment provision on Alibaug factory assets due to a higher scrap sale offer. NITCO implemented an ESOP, granting 9,88,000 options at Rs. 25.00 each. A Joint Development Agreement for Alibaug land resulted in Rs. 58.42 crore income. The company faces an ongoing Rs. 170.00 crore penalty from ADGFT, which it's challenging in court.
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31Oct 25
NITCO Limited Expands Share Capital Through Employee Stock Option Exercise
NITCO Limited has allotted 56,000 new equity shares at ₹39.55 per share under its Employee Stock Option Plan 2019. The allotment, made to a former employee who retired in 2020, increases the company's total equity shares to 22,91,16,105 and equity share capital to ₹379,11,61,050.00. The exercise of options, granted on April 3, 2019, generated total proceeds of ₹22,14,800.00. The diluted EPS after this issuance is 1.94, indicating minimal dilution impact.
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27Jun 25
NITCO Inks ₹350 Crore Land Development Deal with Total Environment Building Systems
NITCO Tiles has signed a land development agreement with Total Environment Building Systems for a project in Alibaug, Maharashtra. The company expects to generate revenue of ₹350.00 crores from this project over a three-year period. This strategic partnership marks NITCO's expansion in the real estate sector and could potentially boost its revenue stream.
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23Jun 25
NITCO Secures Additional ₹45 Crore Tile Order from Prestige Estates
NITCO Tiles has received an additional tile order worth ₹45 crore from Prestige Estates, a leading real estate developer. This new order increases the total order value to ₹261 crore, strengthening the partnership between the two companies. The order is expected to positively impact NITCO's revenue and production capacity utilization, while also reinforcing its position in the competitive tile market.
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02May 25
NITCO Reports Improved Q4 FY2025 Results Amid Debt Restructuring
NITCO Limited announced its Q4 and FY2025 financial results, showing improved Q4 revenue of ₹935.35 crore, up from ₹717.82 crore in Q4 FY2024. The company's net loss for Q4 reduced to ₹29.00 crore from ₹549.42 crore last year. For FY2025, total revenue was ₹3,143.93 crore with a net loss of ₹7,412.07 crore, including exceptional items from debt restructuring. The restructuring involved converting ₹1,037.81 crore of debt to equity, repaying ₹150.00 crore, and a fresh equity infusion of ₹463.24 crore. NITCO aims to leverage its strengthened financial position for growth in tiles and real estate segments.
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02May 25
Nitco Secures ₹111.00 Crore Order from Prestige Estates, Boosting Construction Materials Sector
Nitco, a major construction materials company, has received a significant order worth ₹111.00 crore from Prestige Estates, a leading real estate developer. This order is expected to boost Nitco's revenue and market position while indicating robust activity in the real estate and construction sectors. The deal suggests a strong project pipeline for Prestige Estates and reflects confidence in the market.
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30Apr 25
NITCO Secures ₹111 Crore Order from Prestige Estates, Boosting Business Outlook
NITCO Limited has secured a significant order worth ₹111.00 crore from Prestige Estates Projects Limited for the supply of tiles and marble. The order, exceeding the previously anticipated value of ₹104.00 crore, is expected to be delivered over approximately 6 months. This development marks a notable achievement for NITCO and reinforces its position in the construction materials sector.
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Nitco
84.00
+4.06
(+5.08%)
1 Year Returns:-31.50%
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