- Udyam number
- UDYAM-RJ-01-0004717

About Nidhi Granites Limited
Data last updated:
Nidhi Granites Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 21 November 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1981PLC025677. Its GSTIN is 27AAACN1501A1ZD (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 512103.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Darpan Deepak Shah (Managing Director) and Devan Narendra Pandya.
Its last annual general meeting (AGM) was held on 22 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹65.47 Cr, a growth of 38.4% compared to the previous year. For the same year it recorded a net profit of ₹7.67 Cr (net margin 11.7%) and EBITDA of ₹12.61 Cr (EBITDA margin 19.3%). The net worth stands at ₹22.54 Cr (up 51.5% YoY). Total assets are valued at ₹25.4 Cr (up 40.4% YoY).
The company is associated with 1 brand: Nidhi Granites. Court records list 2 cases involving the company, including 2 filed by the company. The company has 23 deals on record (22 market trades, 1 funding round), with disclosed funding of ₹9.43 Cr; the latest was in February 2022.
Nidhi Granites Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-RJ-01-0004717). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nidhigranites.com.
Company details
CIN history
Nidhi Granites has one previous CIN (Corporate Identification Number): L51900MH1981PTC025677. The current CIN is L51900MH1981PLC025677, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51900MH1981PLC025677 | Current |
| L51900MH1981PTC025677 | Previous |
Recognitions & Rankings of Nidhi Granites
Contact details
Nidhi Granites Limited's registered office is in Mumbai, Maharashtra. Its website is nidhigranites.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2010 20th Floor 9 Business Bay, Off Link Road Behind Evershine Mall, Mumbai, Maharashtra, India – 400064
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Nidhi Granites Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Nidhi Granites operates one associated brand: Nidhi Granites. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Granites are manufactured by Nidhi Granites in Mumbai, India. | nidhigranites.com |
Business activity
The main business activity of Nidhi Granites is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Nidhi Granites Limited, buy the company report.
Financials of Nidhi Granites Limited
FY 2025-26 filings availableNidhi Granites Limited reported revenue of ₹65.47 Cr (up 38.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 65.47 | 47.29 | 39.09 | 25.64 | 15.91 | 0.15 |
| Revenue growth | +38.4% | +21.0% | +52.5% | +61.2% | - | - |
| EBITDA | 12.61 | 3.49 | 2.13 | 1.26 | 0.86 | 0.02 |
| EBITDA margin | +19.3% | +7.4% | +5.5% | +4.9% | +5.4% | +13.3% |
| Profit before tax | 10.74 | 2.53 | 0.96 | 0.63 | 0.51 | 0.02 |
| Net profit | 7.67 | 1.95 | 0.70 | 0.43 | 0.31 | 0.07 |
| Net profit margin | +11.7% | +4.1% | +1.8% | +1.7% | +2.0% | +46.7% |
| EPS (₹) | 9.60 | 2.40 | 1.71 | 1.65 | 4.06 | 0.95 |
| Balance sheet | ||||||
| Total assets | 25.40 | 18.09 | 17.46 | 12.64 | 5.76 | 2.12 |
| Net worth | 22.54 | 14.88 | 12.96 | 9.35 | 4.79 | 2.12 |
| Total debt | 2.77 | 3.17 | 4.47 | 3.29 | 0.97 | 0.00 |
| Cash & bank | 3.88 | 3.01 | 2.81 | 4.00 | 1.47 | 2.12 |
| Net working capital | 14.28 | 11.03 | 13.27 | 9.94 | 4.60 | 2.11 |
| Cash flow | ||||||
| Cash from operations | 5.80 | 1.50 | (1.11) | (2.12) | 0.19 | (0.16) |
| Cash from investing | (3.00) | (0.39) | (3.22) | (0.62) | (3.26) | 2.22 |
| Cash from financing | (1.94) | (0.91) | 3.15 | 5.27 | 2.30 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.84 | 16.66 | 15.55 | 13.18 | 19.81 | 10.48 | 13.41 | 12.10 |
| Revenue growth (YoY) | -20.0% | +59.0% | +16.0% | +8.9% | +113.5% | - | - | - |
| Other income | 0.20 | 0.07 | 0.07 | 0.07 | 0.07 | (0.11) | 0.51 | 1.14 |
| EBITDA | 4.33 | 3.61 | 3.39 | 2.12 | 3.22 | (0.60) | 0.89 | 0.44 |
| EBITDA margin | +27.3% | +21.7% | +21.8% | +16.1% | +16.3% | -5.7% | +6.6% | +3.6% |
| Depreciation | 0.63 | 0.61 | 0.46 | 0.30 | 0.20 | 0.13 | 0.16 | 0.17 |
| Interest | 0.04 | 0.14 | 0.07 | 0.05 | 0.05 | 0.07 | 0.08 | 0.11 |
| Profit before tax | 3.86 | 2.93 | 2.93 | 1.84 | 3.04 | (0.91) | 1.16 | 1.30 |
| Tax | 0.96 | 0.99 | 0.74 | 0.54 | 0.81 | (0.03) | 0.23 | 0.20 |
| Net profit | 2.90 | 1.94 | 2.19 | 1.30 | 2.23 | (0.88) | 0.93 | 1.10 |
| EPS (₹) | 3.62 | 2.42 | 2.75 | 1.61 | 2.80 | (1.09) | 1.17 | 1.37 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.17 | 1.56 | 0.28 | 0.54 | 0.11 | 0.15 | 0.13 |
| Revenue growth | -89.1% | +457.1% | -48.2% | +390.9% | -26.7% | +15.4% | - |
| EBITDA | (1.49) | 1.23 | (0.20) | 0.15 | (0.07) | 0.02 | (0.33) |
| EBITDA margin | -876.5% | +78.9% | -71.4% | +27.8% | -63.6% | +13.3% | -253.9% |
| Profit before tax | (1.49) | 1.23 | 0.05 | 0.15 | (0.07) | 0.02 | (0.33) |
| Net profit | (1.27) | 1.01 | 0.02 | 0.11 | (0.07) | 0.07 | (0.27) |
| Net profit margin | -747.1% | +64.7% | +7.1% | +20.4% | -63.6% | +46.7% | -207.7% |
| EPS (₹) | (1.58) | 1.27 | 0.08 | 0.41 | (0.90) | 0.95 | (3.61) |
| Balance sheet | |||||||
| Total assets | 11.35 | 12.62 | 11.61 | 8.65 | 4.41 | 2.12 | 2.05 |
| Net worth | 11.35 | 12.62 | 11.61 | 8.65 | 4.41 | 2.12 | 2.05 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank | 0.10 | 0.64 | 0.84 | 2.07 | 0.14 | 2.12 | 0.06 |
| Net working capital | 0.08 | 0.41 | 0.86 | 2.35 | 0.16 | 2.11 | 0.04 |
| Cash flow | |||||||
| Cash from operations | 0.06 | (0.20) | 0.09 | (0.39) | (0.19) | (0.16) | (0.06) |
| Cash from investing | (0.60) | 0.00 | (4.24) | (1.82) | (4.15) | 2.22 | 0.06 |
| Cash from financing | 0.00 | 0.00 | 2.93 | 4.13 | 2.36 | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.14 | 0.07 | 0.00 | 0.00 | 0.10 | 0.17 | 0.00 | 0.00 |
| Revenue growth (YoY) | +40.0% | -58.8% | - | - | - | - | - | - |
| Other income | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | (0.26) | 0.25 | 1.01 |
| Total expenses | 0.03 | 0.47 | 0.37 | 0.38 | 0.44 | 0.21 | 0.02 | 0.03 |
| EBITDA | 0.11 | (0.40) | (0.37) | (0.38) | (0.34) | (0.04) | (0.02) | (0.03) |
| EBITDA margin | +78.6% | -571.4% | - | - | -340.0% | -23.5% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.30 | (0.40) | (0.37) | (0.38) | (0.34) | (0.30) | 0.23 | 0.98 |
| Tax | 0.03 | (0.06) | (0.05) | (0.05) | (0.06) | (0.04) | 0.09 | 0.12 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 15.84 | 16.66 | 15.55 | 13.18 | 19.81 | 10.48 | 13.41 | 12.10 |
| Revenue growth (YoY) | -20.0% | +59.0% | +16.0% | +8.9% | +113.5% | - | - | - |
| Other income | 0.20 | 0.07 | 0.07 | 0.07 | 0.07 | (0.11) | 0.51 | 1.14 |
| EBITDA | 4.33 | 3.61 | 3.39 | 2.12 | 3.22 | (0.60) | 0.89 | 0.44 |
| EBITDA margin | +27.3% | +21.7% | +21.8% | +16.1% | +16.3% | -5.7% | +6.6% | +3.6% |
| Depreciation | 0.63 | 0.61 | 0.46 | 0.30 | 0.20 | 0.13 | 0.16 | 0.17 |
| Interest | 0.04 | 0.14 | 0.07 | 0.05 | 0.05 | 0.07 | 0.08 | 0.11 |
| Profit before tax | 3.86 | 2.93 | 2.93 | 1.84 | 3.04 | (0.91) | 1.16 | 1.30 |
| Tax | 0.96 | 0.99 | 0.74 | 0.54 | 0.81 | (0.03) | 0.23 | 0.20 |
| Net profit | 2.90 | 1.94 | 2.19 | 1.30 | 2.23 | (0.88) | 0.93 | 1.10 |
| EPS (₹) | 3.62 | 2.42 | 2.75 | 1.61 | 2.80 | (1.09) | 1.17 | 1.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 65.47 | 47.29 | 39.09 | 25.64 | 15.91 | 0.15 |
| Revenue growth | +38.4% | +21.0% | +52.5% | +61.2% | - | - |
| Other income | 0.01 | 0.04 | 0.00 | 0.03 | 0.03 | 0.00 |
| Total expenses | 52.86 | 43.80 | 36.96 | 24.38 | 15.05 | 0.13 |
| Employee cost | 3.63 | 2.33 | 2.20 | 2.81 | 0.85 | 0.00 |
| EBITDA | 12.61 | 3.49 | 2.13 | 1.26 | 0.86 | 0.02 |
| EBITDA margin | +19.3% | +7.4% | +5.5% | +4.9% | +5.4% | +13.3% |
| Depreciation | 1.57 | 0.63 | 0.72 | 0.45 | 0.27 | 0.00 |
| Interest | 0.31 | 0.37 | 0.45 | 0.21 | 0.11 | 0.00 |
| Profit before tax | 10.74 | 2.53 | 0.96 | 0.63 | 0.51 | 0.02 |
| Tax | 3.07 | 0.61 | 0.27 | 0.20 | 0.20 | (0.05) |
| Net profit | 7.67 | 1.95 | 0.70 | 0.43 | 0.31 | 0.07 |
| Net profit margin | +11.7% | +4.1% | +1.8% | +1.7% | +2.0% | +46.7% |
| EPS (₹) | 9.60 | 2.40 | 1.71 | 1.65 | 4.06 | 0.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 8.00 | 8.00 | 4.00 | 2.65 | 0.75 | 0.75 |
| Reserves & surplus | 14.54 | 6.88 | 8.96 | 5.72 | 1.68 | 1.37 |
| Shareholders' funds (net worth) | 22.54 | 14.88 | 12.96 | 9.35 | 4.79 | 2.12 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1.59 | 2.95 | 3.11 | 2.05 | 0.00 | 0.00 |
| Unsecured loans | 1.18 | 0.22 | 1.36 | 1.24 | 0.97 | 0.00 |
| Total debt | 2.77 | 3.17 | 4.47 | 3.29 | 0.97 | 0.00 |
| Total liabilities | 25.40 | 18.09 | 17.46 | 12.64 | 5.76 | 2.12 |
| Assets | ||||||
| Gross block | 12.84 | 6.67 | 4.74 | 2.85 | 1.30 | 0.04 |
| Net block | 9.73 | 5.04 | 3.35 | 2.16 | 0.91 | 0.01 |
| Capital work in progress | 0.53 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.61 | 2.15 | 0.76 | 0.51 | 0.26 | 0.00 |
| Inventories | 6.26 | 5.36 | 2.61 | 2.06 | 0.93 | 0.00 |
| Sundry debtors | 9.15 | 4.71 | 7.15 | 5.10 | 4.37 | 0.00 |
| Cash & bank balances | 3.88 | 3.01 | 2.81 | 4.00 | 1.47 | 2.12 |
| Loans & advances | 2.22 | 1.64 | 4.98 | 2.73 | 0.27 | 0.00 |
| Total current assets | 21.51 | 14.72 | 17.55 | 13.89 | 7.04 | 2.12 |
| Total current liabilities | 7.23 | 3.69 | 4.28 | 3.95 | 2.44 | 0.01 |
| Net working capital | 14.28 | 11.03 | 13.27 | 9.94 | 4.60 | 2.11 |
| Total assets | 25.40 | 18.09 | 17.46 | 12.64 | 5.76 | 2.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 3.01 | 2.81 | 4.00 | 1.47 | 2.25 | 0.06 |
| Net cash from operating activities | 5.80 | 1.50 | (1.11) | (2.12) | 0.19 | (0.16) |
| Net cash from investing activities | (3.00) | (0.39) | (3.22) | (0.62) | (3.26) | 2.22 |
| Net cash from financing activities | (1.94) | (0.91) | 3.15 | 5.27 | 2.30 | 0.00 |
| Net change in cash | 0.87 | 0.20 | (1.19) | 2.53 | (0.77) | 2.07 |
| Closing cash | 3.88 | 3.01 | 2.81 | 4.00 | 1.47 | 2.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +38.4% | +21.0% | +52.5% | +61.2% | - | - |
| EBITDA growth | +261.3% | +63.9% | +69.1% | +46.5% | +4200.0% | - |
| PBT growth | +324.5% | +163.5% | +52.4% | +23.5% | +2450.0% | +9997.0% |
| Net income growth | +293.3% | +178.6% | +62.8% | +38.7% | +342.9% | - |
| Revenue CAGR (3Y) | +36.7% | +43.8% | +538.7% | - | - | - |
| EBITDA CAGR (3Y) | +115.5% | +59.5% | +374.0% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +11.7% | +4.1% | +1.8% | +1.7% | +2.0% | +46.7% |
| Return on capital employed | +50.9% | +16.3% | +9.3% | +9.2% | +15.5% | +0.9% |
| Return on net worth | +41.1% | +13.8% | +6.1% | +6.2% | +8.7% | +3.3% |
| Debt / equity | 0.16 | 0.27 | 0.35 | 0.30 | 0.14 | 0.00 |
| Long-term debt / equity | 0.03 | 0.05 | 0.09 | 0.06 | 0.01 | 0.00 |
| Interest cover | 2.81 | 12.94 | 31.91 | 25.93 | 18.64 | 0.00 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 6.71 | 8.29 | 10.30 | 12.36 | 23.79 | 3.75 |
| Inventory turnover | 11.27 | 11.87 | 16.74 | 17.15 | 34.28 | 0.00 |
| Debtors turnover | 9.45 | 7.97 | 6.38 | 5.41 | 7.30 | 0.00 |
| EPS (₹) | 9.60 | 2.40 | 1.71 | 1.65 | 4.06 | 0.95 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 28.18 | 18.59 | 32.40 | 31.58 | 32.35 | 28.26 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.14 | 0.07 | 0.00 | 0.00 | 0.10 | 0.17 | 0.00 | 0.00 |
| Revenue growth (YoY) | +40.0% | -58.8% | - | - | - | - | - | - |
| Other income | 0.19 | 0.00 | 0.00 | 0.00 | 0.00 | (0.26) | 0.25 | 1.01 |
| Total expenses | 0.03 | 0.47 | 0.37 | 0.38 | 0.44 | 0.21 | 0.02 | 0.03 |
| EBITDA | 0.11 | (0.40) | (0.37) | (0.38) | (0.34) | (0.04) | (0.02) | (0.03) |
| EBITDA margin | +78.6% | -571.4% | - | - | -340.0% | -23.5% | - | - |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.30 | (0.40) | (0.37) | (0.38) | (0.34) | (0.30) | 0.23 | 0.98 |
| Tax | 0.03 | (0.06) | (0.05) | (0.05) | (0.06) | (0.04) | 0.09 | 0.12 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.17 | 1.56 | 0.28 | 0.54 | 0.11 | 0.15 | 0.13 |
| Revenue growth | -89.1% | +457.1% | -48.2% | +390.9% | -26.7% | +15.4% | - |
| Other income | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 1.66 | 0.33 | 0.48 | 0.39 | 0.18 | 0.13 | 0.46 |
| Employee cost | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 |
| EBITDA | (1.49) | 1.23 | (0.20) | 0.15 | (0.07) | 0.02 | (0.33) |
| EBITDA margin | -876.5% | +78.9% | -71.4% | +27.8% | -63.6% | +13.3% | -253.9% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (1.49) | 1.23 | 0.05 | 0.15 | (0.07) | 0.02 | (0.33) |
| Tax | (0.22) | 0.22 | 0.03 | 0.04 | 0.00 | (0.05) | (0.06) |
| Net profit | (1.27) | 1.01 | 0.02 | 0.11 | (0.07) | 0.07 | (0.27) |
| Net profit margin | -747.1% | +64.7% | +7.1% | +20.4% | -63.6% | +46.7% | -207.7% |
| EPS (₹) | (1.58) | 1.27 | 0.08 | 0.41 | (0.90) | 0.95 | (3.61) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 8.00 | 8.00 | 4.00 | 2.65 | 0.75 | 0.75 | 0.75 |
| Reserves & surplus | 3.35 | 4.62 | 7.61 | 5.02 | 1.30 | 1.37 | 1.30 |
| Shareholders' funds (net worth) | 11.35 | 12.62 | 11.61 | 8.65 | 4.41 | 2.12 | 2.05 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total liabilities | 11.35 | 12.62 | 11.61 | 8.65 | 4.41 | 2.12 | 2.05 |
| Assets | |||||||
| Gross block | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 |
| Net block | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 11.28 | 12.21 | 10.83 | 6.33 | 4.26 | 0.00 | 2.07 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.10 | 0.64 | 0.84 | 2.07 | 0.14 | 2.12 | 0.06 |
| Loans & advances | 0.06 | 0.07 | 0.04 | 0.02 | 0.02 | 0.00 | 0.00 |
| Total current assets | 0.16 | 0.71 | 0.88 | 2.36 | 0.16 | 2.12 | 0.06 |
| Total current liabilities | 0.08 | 0.30 | 0.02 | 0.01 | 0.00 | 0.01 | 0.02 |
| Net working capital | 0.08 | 0.41 | 0.86 | 2.35 | 0.16 | 2.11 | 0.04 |
| Total assets | 11.35 | 12.62 | 11.61 | 8.65 | 4.41 | 2.12 | 2.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.64 | 0.84 | 2.07 | 0.14 | 2.12 | 0.06 | 0.06 |
| Net cash from operating activities | 0.06 | (0.20) | 0.09 | (0.39) | (0.19) | (0.16) | (0.06) |
| Net cash from investing activities | (0.60) | 0.00 | (4.24) | (1.82) | (4.15) | 2.22 | 0.06 |
| Net cash from financing activities | 0.00 | 0.00 | 2.93 | 4.13 | 2.36 | 0.00 | 0.00 |
| Net change in cash | (0.55) | (0.20) | (1.23) | 1.93 | (1.98) | 2.07 | 0.00 |
| Closing cash | 0.10 | 0.64 | 0.84 | 2.07 | 0.14 | 2.12 | 0.06 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -89.1% | +457.1% | -48.2% | +390.9% | -26.7% | +15.4% | - |
| EBITDA growth | -221.1% | +715.0% | -233.3% | +314.3% | -450.0% | +106.1% | - |
| PBT growth | - | +2360.0% | -66.7% | +9998.0% | - | +9998.0% | - |
| Net income growth | -225.7% | +4950.0% | -81.8% | +257.1% | -200.0% | +125.9% | - |
| Revenue CAGR (3Y) | -32.0% | +142.1% | +23.1% | +60.8% | -19.4% | 0.0% | -23.5% |
| Profitability & leverage | |||||||
| Net income margin | -747.1% | +64.7% | +7.1% | +20.4% | -63.6% | +46.7% | -207.7% |
| Return on capital employed | -12.4% | +10.2% | +0.6% | +2.3% | -2.1% | +1.0% | -15.1% |
| Return on net worth | -10.6% | +8.3% | +0.3% | +1.7% | -2.1% | +3.4% | -12.4% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 4.25 | 39.00 | 7.00 | 13.50 | 2.75 | 3.75 | 3.25 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.89 |
| Debtors turnover | 0.00 | 0.00 | 2.07 | 4.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | (1.58) | 1.27 | 0.08 | 0.41 | (0.90) | 0.95 | (3.61) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 14.19 | 15.78 | 29.02 | 28.93 | 27.36 | 28.26 | 27.32 |
To see the full year-wise statements and ratios of Nidhi Granites Limited, buy the company report.
Board of directors and KMP of Nidhi Granites Limited
Nidhi Granites Limited currently reports 5 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darpan Deepak Shah | Managing Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Kavita Darpan Shah Also directs: NDS Commercial Spaces LLP | Cfo | 19 Feb 2021 | 5 Years 8 Months | Current |
| Devan Narendra Pandya Also directs: NNP Corporation Private Limited | Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Shreya Jawahar Pandya Also directs: NNP Corporation Private Limited | Director | 19 Feb 2021 | 5 Years 8 Months | Current |
| Amit Anand Sinkar | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
| Amit Anant Patankar | Director | 15 Jun 2021 | 5 Years 4 Months | Current |
Auditor
Nidhi Granites Limited is audited by Jogin Raval & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jogin Raval & Associates | FY 2023 | 128586W |
Shareholding
Shareholding for the quarter ended Mar 2026: promoters hold 66.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 33.20%.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 66.80% | 66.80% | 66.80% | 66.80% |
| Public | 33.20% | 33.20% | 33.20% | 33.20% |
Deals & funding
Nidhi Granites Limited has 23 deals on record (22 market trades, 1 funding round), with disclosed funding of ₹9.43 Cr; the latest was in February 2022.
Deals on record (5 of 23)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Funding round | ₹9.43 Cr | Investors: 4 individuals |
| Jan 2020 | Market trade | ₹1.7 Lakh | Buyer: an individual Seller: an individual |
| Jan 2020 | Market trade | ₹4.4 Lakh | Buyer: an individual Seller: an individual |
| Mar 2018 | Market trade | ₹2.5 Lakh | Buyer: an individual Seller: an individual |
| Apr 2015 | Market trade | ₹3.9 Lakh | Buyer: NBN Fintrade Private Limited Seller: Gajanan Enterprises |
To see the full deal history of Nidhi Granites Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nidhi Granites Limited has 2 court cases on record: 2 filed by Nidhi Granites. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases SW) | Filed by the company against Budhrani Hsg.Deveplopers P.Ltd. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Nidhi Granites Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nidhi Granites Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nidhi Granites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1501A1ZD | Maharashtra | Active | 27 Aug 2021 |
To see the full GST registrations and return filing status of Nidhi Granites Limited, buy the company report.
Recent activity
Nidhi Granites Limited has 28 board changes on record since 1982: 17 appointments and 11 cessations. The latest: Nehashree Rathi ceased to be Company Secretary on 09 Aug 2021.
19 earlier events are in the company report.
News
Frequently asked questions
Nidhi Granites is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 21 November 1981 (45+ years old) and is registered under CIN L51900MH1981PLC025677. Listed on BSE: 512103.
Nidhi Granites reported revenue of ₹65.47 Cr for FY 2025-26 (up 38.4% YoY) based on consolidated financials.
Nidhi Granites has 6 current directors and KMP:
- Darpan Deepak Shah - Managing Director
- Devan Narendra Pandya - Director
- Shreya Jawahar Pandya - Director
- Amit Anand Sinkar - Director
- Amit Anant Patankar - Director
- Kavita Darpan Shah - Cfo
The latest financial statements of Nidhi Granites on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 22 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nidhi Granites is 27AAACN1501A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nidhi Granites is L51900MH1981PLC025677. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Nidhi Granites is a listed company as per MCA records. Its shares are listed on BSE (code: 512103).
Nidhi Granites has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Nidhi Granites was incorporated on 21 November 1981, making it 45+ years old. It is registered with the Registrar of Companies, Mumbai.
Nidhi Granites has 23 deals on record (22 market trades, 1 funding round), with disclosed funding of ₹9.43 Cr; the latest was in February 2022.