Nidhi Granites Ltd.
BSE: NIDHGRN · Other Construction Materials · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 22 companies in Other Construction Materials (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹4 cr vs borrowings ₹2 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 39.0x in the last 12 months.
- Net loss in 1 of the last 6 quarters.
- Other income was 5% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹229.00 on 2026-10-26: -52.4% from the 52-week high, +26.2% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 10 | 20 | 13 | 16 | 17 | 16 |
| EBITDA | -1 | 3 | 2 | 3 | 4 | 4 |
| OPM % | -5.6% | 16.3% | 16.1% | 21.9% | 21.7% | 27.3% |
| Other income | -0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -1 | 2 | 1 | 2 | 2 | 3 |
| EPS (₹) | 1.09 | 2.80 | 5.60 | 2.75 | 2.42 | 3.62 |
| Revenue YoY | +59.0% | -20.0% | ||||
| Profit YoY | – | +29.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | – | 0 | 0 | 45 | 65 | 61 |
| EBITDA | -0 | -0 | -0 | 1 | 12 | 13 |
| Net profit | -0 | 0 | 0 | 2 | 8 | 8 |
| EPS (₹) | -0.90 | 1.04 | 0.09 | 2.39 | 9.60 | 14.39 |
| Revenue growth | – | 0.0% | +15,513.8% | +44.0% | – | |
| Profit growth | – | -72.7% | +6,300.0% | +300.0% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +508.1% | – | – |
| Net profit | +311.7% | – | – |
| EPS | +109.8% | – | – |
| Share price | – | +24.5% (2y) | -45.0% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 15 | 23 |
| Borrowings | 3 | 2 |
| Cash & equivalents | 3 | 4 |
| Total assets | 22 | 33 |
| Fixed assets | 5 | 6 |
| Capital work in progress | 0 | – |
| Investments | 2 | 1 |
| Receivables | 5 | 9 |
| Inventory | 5 | 6 |
| Payables | 3 | 5 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 2 | 6 |
| Cash from investing | -0 | -3 |
| Cash from financing | -1 | -2 |
| Capex | 3 | 5 |
| Free cash flow | -1 | 1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 12.9% | 34.1% |
| ROCE % | 16.3% | 45.8% |
| Debtor days | 38 | 51 |
| Inventory days | 52 | 61 |
| Payable days | 29 | 45 |
| Cash conversion cycle (days) | 61 | 67 |
| Working capital days | 64 | 70 |
Peers in Other Construction Materials
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| RAMCOIND | ₹2,401 cr | 7.3x | 0.5x | 7.5% | 5.6% | 15.3% | +7.1% | 0.36% |
| GLASSWALL | ₹1,802 cr | – | – | – | – | – | – | – |
| ARIS | ₹1,103 cr | 15.8x | 1.5x | 13.7% | 15.3% | 9.9% | – | – |
| BIRLANU | ₹941 cr | – | 0.8x | -9.4% | -1.4% | 2.1% | +2.4% | 2.41% |
| EVERESTIND | ₹738 cr | – | 1.5x | -0.2% | 6.0% | 5.0% | -4.9% | 0.54% |
| MARBLE | ₹423 cr | 56.5x | 5.2x | 10.1% | 13.8% | 26.5% | -5.1% | – |
| SAHYADRI | ₹345 cr | 7.7x | 0.8x | 11.4% | 14.8% | 11.0% | +4.6% | 0.32% |
| REMAGNET | ₹325 cr | 38.9x | 0.8x | -4.4% | -1.1% | -53.7% | +70.4% | – |
| GLITTEKG | ₹187 cr | 123.1x | 17.1x | -2.8% | -2.4% | – | -84.8% | – |
| NIDHGRN | ₹183 cr | 15.9x | 8.1x | 44.5% | 49.1% | 22.0% | +508.1% | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Paper and Paperboard | ₹11 cr | 67.1% | ₹1 cr | 8.7% |
| Financial Technology and related services | ₹5 cr | 32.0% | ₹3 cr | 51.8% |
| Construction material | ₹0 cr | 0.9% | ₹0 cr | 100.0% |
| Garments | ₹0 cr | – | ₹0 cr | – |
| Unallocated | ₹0 cr | – | ₹0 cr | – |
Documents
Links go to the original files on the exchange website.
About the company
| Sector | Commodities |
| Industry | Other Construction Materials |
| Sub-industry | Other Construction Materials |
| Symbol | NIDHGRN |
| BSE code | 512103 |
| ISIN | INE276H01013 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = BSE close 2026-10-26.