Nidhi Granites Limited

BSE: 512103
Nidhi Granites Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN L51900MH1981PLC025677 Incorporated 21 November 1981 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 512103 Public Limited Company financial services
Data last updated
Revenue · FY 2026
₹65.2 Cr
▲ 44.01% YoY
EBITDA · FY 2026
₹12.64 Cr
▲ 257.77% YoY
Net profit · FY 2026
₹7.68 Cr
▲ 300.19% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
None
Secured borrowings
Company age
45 yrs
Est. 1981
Last financials
Mar 2025
Balance sheet date

About Nidhi Granites Limited

Data last updated: 07 January 2026

Nidhi Granites Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in brokerage and trading services, a part of the broader financial services sector. Incorporated on 21 November 1981, the company has been in operation for over 45 years.

Registered with ROC Mumbai under CIN L51900MH1981PLC025677. Listed on BSE: 512103.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Devan Narendra Pandya and Shreya Jawahar Pandya.

Last AGM: 22 July 2025. Financial statements filed for year ended 31 March 2025. Office: 503 Madhu Industrial Park Mogra Cross Road Next To Apollo Chambers Andheri East, Mumbai, Maharashtra, India – 400069.

As per the financials filed for FY 2025, the company reported a revenue of ₹47.33 Cr, a growth of 21% compared to the previous year.

The company is associated with 1 brand - Nidhi Granites.

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 of Nidhi Granites Limited
CIN L51900MH1981PLC025677
Registration Number 025677
Incorporation Date 21 November 1981
ROC Mumbai
Listing Status Listed (BSE: 512103)
Company Status Active
Date of Last AGM 22 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Darpan Deepak Shah Managing Director Devan Narendra Pandya Director Shreya Jawahar Pandya Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    nidhigranites.com
  • Social Media
    **************
  • Registered Address
    503 Madhu Industrial Park Mogra Cross Road Next To Apollo Chambers Andheri East, Mumbai, Maharashtra, India – 400069
  • Industry
    Financial Services, Brokerage & Trading Services
Company report
Nidhi Granites Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Nidhi Granites Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Nidhi Granites Limited

Nidhi Granites Limited 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

Associated Brands with Nidhi Granites Limited

Nidhi Granites Limited operates one associated brand: Nidhi Granites. These brands represent Nidhi Granites Limited's diversified market presence and brand portfolio.

Brand Description Website
Nidhi Granites
Granites are manufactured by Nidhi Granites in Mumbai, India. nidhigranites.com

Competitors & Alternatives of Nidhi Granites Limited

Brands and companies operating in the same space as Nidhi Granites Limited include JK Cement, DuPont, Prism Johnson and 6 more.

Competitor Description Location Founded
JK Cement JK Cement Manufacturer of cement, gypsum plaster, tile adhesives, and wood finishing products Kanpur, India, India 1975
DuPont DuPont Developer of chemical products, construction & packaging materials, and water solutions United States 1802
Prism Johnson Prism Johnson Manufacturer and supplier of building materials Hyderabad, India, India 1992
HIL HIL Roofing solutions and building materials are manufactured by HIL. Hyderabad, India, India 1946
Magicrete Magicrete AAC blocks, construction chemicals, and precast solutions are manufactured. Surat, India, India 2008
Integrated Cleanroom Technologies Integrated Cleanroom Technologies Cleanroom building products are manufactured for specialized environments. Hyderabad, India, India 2003
The Ramco Cements The Ramco Cements Cement and concrete are manufactured for construction and plastering uses. Chennai, India, India 1961
CUMI CUMI Abrasives and ceramic fibers are manufactured by CUMI in India. Chennai, India, India 1954
Binani Cement Binani Cement Blogs focused on multiple topics Mumbai, India, India 1996

Business Activity of Nidhi Granites Limited

Nidhi Granites Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K8 Other financial activities *********

Auditor Details of Nidhi Granites Limited

Nidhi Granites Limited is audited by Jogin Raval & Associates (ICAI peer reviewed, certificate valid till 2026-05-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Jogin Raval & Associates (ICAI peer reviewed, certificate valid till 2026-05-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Nidhi Granites Limited

Nidhi Granites Limited is currently managed by 7 directors, with 21 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Devan Narendra Pandya
Also directs: Nnp Corporation Private Limited
Director 19 Feb 2021 5 Years 4 Months Current
Shreya Jawahar Pandya
Also directs: Nnp Corporation Private Limited
Director 19 Feb 2021 5 Years 4 Months Current
Amit Sinkar Director 15 Jun 2021 5 Years 0 Months Current
Amit Anant Patankar Director 15 Jun 2021 5 Years 0 Months Current
Darpan Deepak Shah
Also directs: Paynovator Advisory Llp, Judd Infra Private Limited
Managing Director 19 Feb 2021 5 Years 4 Months Current
Showing 6 of 7 current directors. View all directors

Financials of Nidhi Granites Limited FY 2026 filings available

Nidhi Granites Limited reported revenue of ₹65.2 Cr (up 44.01% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹65.2 Cr ▲ 44.01%
Profit · FY 2026
₹7.68 Cr ▲ 300.19%
EBITDA · FY 2026
₹12.64 Cr ▲ 257.77%
Revenue₹ Cr · Consolidated0255075FY 2022: ₹16 Cr15.8FY 2022FY 2023: ₹25 Cr · +59.7% YoY25.3+59.7%FY 2023FY 2024: ₹39 Cr · +52.3% YoY38.5+52.3%FY 2024FY 2025: ₹45 Cr · +17.6% YoY45.3+17.6%FY 2025FY 2026: ₹65 Cr · +44% YoY65.2+44%FY 2026
Net Profit₹ Cr · Consolidated0510FY 2022: ₹0 Cr0.3FY 2022FY 2023: ₹0 Cr · +43.4% YoY0.4+43.4%FY 2023FY 2024: ₹1 Cr · +56.7% YoY0.7+56.7%FY 2024FY 2025: ₹2 Cr · +180.3% YoY1.9+180.3%FY 2025FY 2026: ₹8 Cr · +300.2% YoY7.7+300.2%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year01020Q1'25: ₹9 Cr9.3Q1'25Q2'25: ₹12 Cr12.1Q2'25Q3'25: ₹13 Cr13.4Q3'25Q4'25: ₹10 Cr10.5Q4'25Q1'26: ₹20 Cr · +113.4% YoY19.8+113.4%Q1'26Q2'26: ₹13 Cr · +9% YoY13.2+9%Q2'26Q3'26: ₹16 Cr · +15.9% YoY15.6+15.9%Q3'26Q4'26: ₹17 Cr · +58.9% YoY16.7+58.9%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹65.2 Cr ₹45.28 Cr ₹38.51 Cr ₹25.29 Cr ₹15.84 Cr
Other Income ₹28.29 Lakh ₹2.05 Cr ₹57.72 Lakh ₹38.34 Lakh ₹10.81 Lakh
Total Income ₹65.49 Cr ₹47.33 Cr ₹39.09 Cr ₹25.68 Cr ₹15.94 Cr
Cost of Materials Consumed ₹15.9 Cr ₹11.62 Cr ₹7.01 Cr ₹6.75 Cr ₹0
Purchases of Stock-in-Trade ₹22.31 Cr ₹29.02 Cr ₹25.04 Cr ₹13.06 Cr ₹12.63 Cr
Changes in Inventories -₹1.04 Cr -₹2.81 Cr -₹21.75 Lakh -₹95.51 Lakh -₹44.61 Lakh
Employee Benefit Expense ₹3.63 Cr ₹2.33 Cr ₹2.2 Cr ₹2.81 Cr ₹85.18 Lakh
Finance Costs ₹31.23 Lakh ₹36.98 Lakh ₹45.49 Lakh ₹20.91 Lakh ₹10.71 Lakh
Depreciation & Amortisation ₹1.57 Cr ₹63.45 Lakh ₹71.94 Lakh ₹45.12 Lakh ₹27.38 Lakh
Other Expenses ₹12.06 Cr ₹3.64 Cr ₹2.94 Cr ₹2.72 Cr ₹2.02 Cr
Total Expenses ₹54.74 Cr ₹44.8 Cr ₹38.13 Cr ₹25.04 Cr ₹15.44 Cr
Profit Before Exceptional Items & Tax ₹10.75 Cr ₹2.53 Cr ₹95.57 Lakh ₹63.29 Lakh ₹50.36 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹10.75 Cr ₹2.53 Cr ₹95.57 Lakh ₹63.29 Lakh ₹50.36 Lakh
Total Tax Expense ₹3.07 Cr ₹60.9 Lakh ₹27.12 Lakh ₹19.6 Lakh ₹19.9 Lakh
Net Profit ₹7.68 Cr ₹1.92 Cr ₹68.45 Lakh ₹43.69 Lakh ₹30.46 Lakh
  attributable to Owners ₹7.68 Cr - ₹0 ₹0 ₹0
  attributable to NCI ₹0 - ₹0 ₹0 ₹0
Other Comprehensive Income -₹83,000 -₹31,000 -₹47,000 ₹0 ₹0
Total Comprehensive Income ₹7.67 Cr ₹1.92 Cr ₹67.98 Lakh ₹43.69 Lakh ₹30.46 Lakh
EBITDA (computed) ₹12.64 Cr ₹3.53 Cr ₹2.13 Cr ₹1.29 Cr ₹88.45 Lakh
Basic EPS ₹9.60 ₹2.39 ₹1.95 ₹4.15 ₹4.06
Diluted EPS ₹9.60 ₹2.39 ₹1.95 ₹4.15 ₹4.06
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Total Assets ₹32.7 Cr ₹22.07 Cr ₹21.82 Cr ₹16.63 Cr ₹8.22 Cr
Non-current Assets ₹11.19 Cr ₹7.34 Cr ₹4.28 Cr ₹2.73 Cr ₹1.22 Cr
Current Assets ₹21.51 Cr ₹14.73 Cr ₹17.54 Cr ₹13.89 Cr ₹6.99 Cr
Property, Plant & Equipment ₹5.85 Cr ₹5.04 Cr ₹2.23 Cr ₹1.2 Cr ₹0
Inventories ₹6.26 Cr ₹5.36 Cr ₹2.61 Cr ₹2.06 Cr ₹93.49 Lakh
Trade Receivables ₹9.15 Cr ₹4.71 Cr ₹7.15 Cr ₹5.1 Cr ₹4.37 Cr
Cash & Equivalents ₹3.88 Cr ₹3.01 Cr ₹2.81 Cr ₹4 Cr ₹1.47 Cr
Equity (Net Worth) ₹22.54 Cr ₹14.88 Cr ₹12.96 Cr ₹9.35 Cr ₹4.78 Cr
Equity Share Capital ₹8 Cr ₹8 Cr ₹4 Cr ₹2.65 Cr ₹75 Lakh
Borrowings (Non-current) ₹4.64 Lakh ₹8.02 Lakh ₹11.1 Lakh ₹0 ₹5.69 Lakh
Borrowings (Current) ₹1.54 Cr ₹2.87 Cr ₹3.11 Cr ₹2.28 Cr ₹72.57 Lakh
Total Debt (computed) ₹1.59 Cr ₹2.95 Cr ₹3.22 Cr ₹2.28 Cr ₹78.26 Lakh
Current Liabilities ₹8.96 Cr ₹6.78 Cr ₹7.57 Cr ₹6.4 Cr ₹3.35 Cr
Total Liabilities ₹10.15 Cr ₹7.2 Cr ₹8.86 Cr ₹7.27 Cr ₹3.44 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹5.8 Cr ₹1.5 Cr -₹1.11 Cr -₹2.12 Cr ₹8.23 Lakh
Investing Cash Flow -₹3 Cr -₹39.43 Lakh -₹3.22 Cr -₹62.22 Lakh -₹3.16 Cr
Financing Cash Flow -₹1.94 Cr -₹90.58 Lakh ₹3.15 Cr ₹5.27 Cr ₹2.3 Cr
Capital Expenditure ₹4.96 Cr ₹2.96 Cr ₹0 ₹0 ₹0
Free Cash Flow (computed) ₹84.17 Lakh -₹1.46 Cr -₹1.11 Cr -₹2.12 Cr ₹8.23 Lakh
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash ₹86.88 Lakh ₹20.42 Lakh -₹1.19 Cr ₹2.53 Cr -₹77.18 Lakh
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹16.66 Cr ₹15.55 Cr ₹13.18 Cr ₹19.81 Cr ₹10.48 Cr ₹13.41 Cr ₹12.1 Cr ₹9.28 Cr
Other Income ₹6.73 Lakh ₹7.27 Lakh ₹6.87 Lakh ₹7.41 Lakh -₹10.89 Lakh ₹51.38 Lakh ₹1.14 Cr ₹50.59 Lakh
Total Income ₹16.73 Cr ₹15.62 Cr ₹13.25 Cr ₹19.88 Cr ₹10.37 Cr ₹13.93 Cr ₹13.24 Cr ₹9.79 Cr
Cost of Materials Consumed ₹4.37 Cr ₹2.58 Cr ₹1.69 Cr ₹7.26 Cr ₹4.91 Cr ₹2.9 Cr ₹1.76 Cr ₹2.04 Cr
Purchases of Stock-in-Trade ₹4.78 Cr ₹6.93 Cr ₹5.78 Cr ₹4.82 Cr ₹7.28 Cr ₹6.94 Cr ₹9.37 Cr ₹5.44 Cr
Changes in Inventories -₹2.45 Lakh -₹54.39 Lakh ₹17.74 Lakh -₹65.16 Lakh -₹3.07 Cr ₹1.25 Cr -₹79.48 Lakh -₹19.43 Lakh
Employee Benefit Expense ₹92.74 Lakh ₹91.78 Lakh ₹98.58 Lakh ₹79.8 Lakh ₹59.19 Lakh ₹60.58 Lakh ₹58.6 Lakh ₹54.72 Lakh
Finance Costs ₹14.07 Lakh ₹6.63 Lakh ₹5.2 Lakh ₹5.33 Lakh ₹6.91 Lakh ₹8.38 Lakh ₹10.55 Lakh ₹11.13 Lakh
Depreciation & Amortisation ₹61.43 Lakh ₹45.85 Lakh ₹30.28 Lakh ₹19.62 Lakh ₹13.34 Lakh ₹16 Lakh ₹17.16 Lakh ₹16.95 Lakh
Other Expenses ₹3 Cr ₹2.27 Cr ₹2.43 Cr ₹4.36 Cr ₹1.37 Cr ₹81.49 Lakh ₹74.2 Lakh ₹71.1 Lakh
Total Expenses ₹13.8 Cr ₹12.68 Cr ₹11.42 Cr ₹16.84 Cr ₹11.28 Cr ₹12.76 Cr ₹11.94 Cr ₹8.82 Cr
Profit Before Exceptional Items & Tax ₹2.93 Cr ₹2.94 Cr ₹1.83 Cr ₹3.05 Cr -₹90.54 Lakh ₹1.17 Cr ₹1.3 Cr ₹96.72 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax ₹2.93 Cr ₹2.94 Cr ₹1.83 Cr ₹3.05 Cr -₹90.54 Lakh ₹1.17 Cr ₹1.3 Cr ₹96.72 Lakh
Total Tax Expense ₹98.63 Lakh ₹73.75 Lakh ₹54.09 Lakh ₹80.92 Lakh -₹2.88 Lakh ₹22.52 Lakh ₹19.83 Lakh ₹21.43 Lakh
Net Profit ₹1.94 Cr ₹2.21 Cr ₹1.29 Cr ₹2.24 Cr -₹87.66 Lakh ₹94.22 Lakh ₹1.1 Cr ₹75.29 Lakh
  attributable to Owners ₹1.94 Cr ₹0 ₹0 ₹0 - ₹0 - ₹0
  attributable to NCI ₹0 ₹0 ₹0 ₹0 - ₹0 - ₹0
Other Comprehensive Income ₹0 -₹28,000 -₹48,000 ₹0 ₹69,000 -₹33,000 ₹0 ₹0
Total Comprehensive Income ₹1.94 Cr ₹2.2 Cr ₹1.29 Cr ₹2.24 Cr -₹86.97 Lakh ₹93.89 Lakh ₹1.1 Cr ₹75.29 Lakh
EBITDA (computed) ₹3.68 Cr ₹3.47 Cr ₹2.19 Cr ₹3.3 Cr -₹70.29 Lakh ₹1.41 Cr ₹1.58 Cr ₹1.25 Cr
Basic EPS ₹2.42 ₹2.75 ₹2.80 ₹2.80 ₹-1.09 ₹1.17 ₹1.37 ₹0.94
Diluted EPS ₹2.42 ₹2.75 ₹2.80 ₹2.80 ₹-1.09 ₹1.17 ₹1.37 ₹0.94
Latest 8 quarters shown.
Segment · Q4 FY26 (latest quarter) Revenue Result (PBIT) Assets Liabilities
Construction material ₹7.18 Lakh ₹7.18 Lakh ₹0 ₹0
Paper and Paperboard ₹11.91 Cr ₹1.2 Cr ₹17.46 Cr ₹6.9 Cr
Garments -₹1,000 -₹60,000 ₹4.46 Cr ₹3.89 Lakh
Financial Technology and related services ₹4.68 Cr ₹2.1 Cr ₹10 Cr ₹3.13 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
Construction material ₹17.34 Lakh ₹17.34 Lakh - -
Paper and Paperboard ₹47.8 Cr ₹3.64 Cr - -
Garments ₹6,000 -₹92,000 - -
Financial Technology and related services ₹17.23 Cr ₹8.37 Cr - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Revenue from Operations ₹17.34 Lakh ₹17.48 Lakh ₹28.47 Lakh ₹28.5 Lakh ₹0 ₹6,000 ₹7.32 Lakh ₹2,991 Cr
Other Income ₹25,000 ₹1.39 Cr ₹25.43 Lakh ₹25.3 Lakh ₹10.81 Lakh ₹15.39 Lakh ₹5.98 Lakh ₹8,123.65 Cr
Total Income ₹17.59 Lakh ₹1.56 Cr ₹53.9 Lakh ₹53.8 Lakh ₹10.81 Lakh ₹15.45 Lakh ₹13.3 Lakh ₹11,115 Cr
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹17.37 Lakh ₹27.82 Lakh ₹28.22 Lakh ₹0 ₹0 ₹0 ₹9,687.37 Cr
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹4,400 ₹8.89 Lakh -₹5,121.45 Cr
Employee Benefit Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹3.65 Lakh ₹3,069.47 Cr
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹1,200 ₹1,000 ₹8.29 Cr
Depreciation & Amortisation ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹13,000 ₹78.2 Cr
Other Expenses ₹1.66 Cr ₹16.16 Lakh ₹19.76 Lakh ₹10.91 Lakh ₹17.58 Lakh ₹13.72 Lakh ₹33.78 Lakh ₹11,606 Cr
Total Expenses ₹1.66 Cr ₹33.53 Lakh ₹47.58 Lakh ₹39.13 Lakh ₹17.58 Lakh ₹13.78 Lakh ₹46.46 Lakh ₹19,328 Cr
Profit Before Exceptional Items & Tax -₹1.49 Cr ₹1.23 Cr ₹6.32 Lakh ₹14.67 Lakh -₹6.77 Lakh ₹1.67 Lakh -₹33.16 Lakh -₹8,213.04 Cr
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹1.49 Cr ₹1.23 Cr ₹6.32 Lakh ₹14.67 Lakh -₹6.77 Lakh ₹1.67 Lakh -₹33.16 Lakh -₹8,213.04 Cr
Total Tax Expense -₹22 Lakh ₹21.58 Lakh ₹3.28 Lakh ₹3.68 Lakh ₹0 -₹5.47 Lakh -₹6.06 Lakh ₹11.26 Cr
Net Profit -₹1.27 Cr ₹1.01 Cr ₹3.04 Lakh ₹10.99 Lakh -₹6.77 Lakh ₹7.14 Lakh -₹27.1 Lakh -₹8,224.3 Cr
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹1.27 Cr ₹1.01 Cr ₹3.04 Lakh ₹10.99 Lakh -₹6.77 Lakh ₹7.14 Lakh -₹27.1 Lakh -₹8,224.3 Cr
EBITDA (computed) -₹1.49 Cr ₹1.23 Cr ₹6.32 Lakh ₹14.67 Lakh -₹6.77 Lakh ₹1.68 Lakh -₹33.02 Lakh -₹8,126.55 Cr
Basic EPS ₹-1.58 ₹1.27 ₹0.09 ₹1.04 ₹-0.90 ₹0.95 ₹-3.61 ₹0.00
Diluted EPS ₹-1.58 ₹1.27 ₹0.09 ₹1.04 ₹-0.90 ₹0.95 ₹-3.61 ₹0.00
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 FY 2019
Total Assets ₹11.44 Cr ₹12.92 Cr ₹11.7 Cr ₹8.69 Cr ₹4.42 Cr ₹2.14 Cr ₹2.13 Cr ₹201,096 Cr
Non-current Assets ₹11.28 Cr ₹12.21 Cr ₹10.83 Cr ₹6.33 Cr ₹4.26 Cr ₹1.08 Lakh ₹10,100 ₹368.05 Cr
Current Assets ₹15.55 Lakh ₹70.98 Lakh ₹87.71 Lakh ₹2.36 Cr ₹15.88 Lakh ₹2.13 Cr ₹2.13 Cr ₹200,728 Cr
Property, Plant & Equipment ₹0 ₹10,000 ₹10,000 ₹10,000 ₹10,000 ₹10,100 ₹10,100 ₹0
Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹17,300 ₹21,700 ₹9,108.11 Cr
Trade Receivables ₹0 ₹0 ₹0 ₹27.19 Lakh ₹0 ₹0 ₹0 ₹0
Cash & Equivalents ₹9.51 Lakh ₹64.03 Lakh ₹83.9 Lakh ₹2.07 Cr ₹14.13 Lakh ₹2.12 Cr ₹32,000 ₹5,857.27 Cr
Equity (Net Worth) ₹11.35 Cr ₹12.62 Cr ₹11.61 Cr ₹8.65 Cr ₹4.41 Cr ₹2.12 Cr ₹2.05 Cr ₹199,114 Cr
Equity Share Capital ₹8 Cr ₹8 Cr ₹4 Cr ₹2.65 Cr ₹75 Lakh ₹75 Lakh ₹74.98 Lakh ₹74,977 Cr
Borrowings (Non-current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Borrowings (Current) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Debt (computed) ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Current Liabilities ₹1.46 Lakh ₹1.68 Lakh ₹2.66 Lakh ₹1.31 Lakh ₹94,000 ₹2 Lakh ₹2.59 Lakh ₹0
Total Liabilities ₹8.07 Lakh ₹30.28 Lakh ₹9.69 Lakh ₹4.4 Lakh ₹94,000 ₹2 Lakh ₹8.07 Lakh ₹1,982.05 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow ₹5.92 Lakh -₹20.18 Lakh ₹8.59 Lakh -₹38.47 Lakh -₹18.92 Lakh
Investing Cash Flow -₹60.44 Lakh ₹31,000 -₹4.24 Cr -₹1.82 Cr -₹4.15 Cr
Financing Cash Flow ₹0 ₹0 ₹2.93 Cr ₹4.13 Cr ₹2.36 Cr
Capital Expenditure ₹0 ₹0 ₹0 ₹0 ₹0
Free Cash Flow (computed) ₹5.92 Lakh -₹20.18 Lakh ₹8.59 Lakh -₹38.47 Lakh -₹18.92 Lakh
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹54.52 Lakh -₹19.87 Lakh -₹1.23 Cr ₹1.93 Cr -₹1.98 Cr
The cash-flow statement became part of the exchange results-filing format in FY2022 - earlier years were not filed and are hidden.
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25
Revenue from Operations ₹7.18 Lakh ₹0 ₹0 ₹10.16 Lakh ₹17.48 Lakh ₹0 ₹0 ₹0
Other Income ₹12,000 ₹13,000 ₹0 ₹0 -₹25.8 Lakh ₹25.41 Lakh ₹1.01 Cr ₹38.22 Lakh
Total Income ₹7.3 Lakh ₹13,000 ₹0 ₹10.16 Lakh -₹8.32 Lakh ₹25.41 Lakh ₹1.01 Cr ₹38.22 Lakh
Cost of Materials Consumed ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹17.37 Lakh ₹0 ₹0 ₹0
Changes in Inventories ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Employee Benefit Expense ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Finance Costs ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Depreciation & Amortisation ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Other Expenses ₹46.85 Lakh ₹37.33 Lakh ₹37.86 Lakh ₹44.1 Lakh ₹3.24 Lakh ₹2.18 Lakh ₹2.77 Lakh ₹7.96 Lakh
Total Expenses ₹46.85 Lakh ₹37.33 Lakh ₹37.86 Lakh ₹44.1 Lakh ₹20.61 Lakh ₹2.18 Lakh ₹2.77 Lakh ₹7.96 Lakh
Profit Before Exceptional Items & Tax -₹39.55 Lakh -₹37.2 Lakh -₹37.86 Lakh -₹33.94 Lakh -₹28.93 Lakh ₹23.23 Lakh ₹98.34 Lakh ₹30.26 Lakh
Exceptional Items ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Profit Before Tax -₹39.55 Lakh -₹37.2 Lakh -₹37.86 Lakh -₹33.94 Lakh -₹28.93 Lakh ₹23.23 Lakh ₹98.34 Lakh ₹30.26 Lakh
Total Tax Expense -₹6.27 Lakh -₹4.9 Lakh -₹4.98 Lakh -₹5.84 Lakh -₹3.69 Lakh ₹9.33 Lakh ₹11.57 Lakh ₹4.37 Lakh
Net Profit -₹33.28 Lakh -₹32.3 Lakh -₹32.88 Lakh -₹28.1 Lakh -₹25.24 Lakh ₹13.9 Lakh ₹86.77 Lakh ₹25.89 Lakh
Other Comprehensive Income ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 ₹0
Total Comprehensive Income -₹33.28 Lakh -₹32.3 Lakh -₹32.88 Lakh -₹28.1 Lakh -₹25.24 Lakh ₹13.9 Lakh ₹86.77 Lakh ₹25.89 Lakh
EBITDA (computed) -₹39.55 Lakh -₹37.2 Lakh -₹37.86 Lakh -₹33.94 Lakh -₹28.93 Lakh ₹23.23 Lakh ₹98.34 Lakh ₹30.26 Lakh
Basic EPS ₹-0.42 ₹-0.40 ₹-0.41 ₹-0.35 ₹-0.32 ₹0.17 ₹1.08 ₹0.32
Diluted EPS ₹-0.42 ₹-0.40 ₹-0.41 ₹-0.35 ₹-0.32 ₹0.17 ₹1.08 ₹0.32
Latest 8 quarters shown.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Nidhi Granites Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Nidhi Granites Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 66.75%, retail and other public shareholders hold 33.25% of Nidhi Granites Limited. The company had 1,144 shareholders on record.

Promoters: 66.75%Retail & Others: 33.25%
Mar 2026
QUARTER
66.75% Promoters
33.25% Retail & Others
Promoter holding - history
Now 66.75% · Mar 2026High 70.25% · Jun 2023Low 66.75% · Sep 2023
65%66.8%68.5%70.3%72%Jun 2023Dec 2023Jun 2024Dec 2024Jun 2025Dec 2025Jun 2023: 70.25%Sep 2023: 66.75%Dec 2023: 66.75%Mar 2024: 66.75%Jun 2024: 66.75%Sep 2024: 66.75%Dec 2024: 66.75%Mar 2025: 66.75%Jun 2025: 66.75%Sep 2025: 66.75%Dec 2025: 66.75%Mar 2026: 66.75%70.25%66.75%66.75%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters66.75%66.75%66.75%66.75%66.75%66.75%
Public33.25%33.25%33.25%33.25%33.25%33.25%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024
Promoters66.75%66.75%66.75%
Public33.25%33.25%33.25%
Promoter change (YoY, %pts)+0.00+0.00-

Charges & Borrowings Nidhi Granites Limited

Nidhi Granites Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Nidhi Granites Limited

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2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Nidhi Granites Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Nidhi Granites Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Nidhi Granites Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Nidhi Granites Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Nidhi Granites Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Nidhi Granites Limited

MSME Payment Delays by Nidhi Granites Limited

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Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Nidhi Granites Limited

Subsidiaries & Group Companies of Nidhi Granites Limited

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Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Nidhi Granites Limited

MCA Filings & Documents of Nidhi Granites Limited

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Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Nidhi Granites Limited

Directors
18 Aug 2025
Krinisha Sanghvi was appointed as a Company Secretary on 18 Aug 2025 & has been associated with this company since 10 months 21 days.
Activity
22 Jul 2025
Nidhi Granites Limited last Annual general meeting of members was held on 22 Jul 2025 as per latest MCA records.
Activity
31 Mar 2025
Nidhi Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
15 Jun 2021
Amit Sinkar was appointed as a Director on 15 Jun 2021 & has been associated with this company since 5 years 24 days.
Directors
15 Jun 2021
Amit Anant Patankar was appointed as a Director on 15 Jun 2021 & has been associated with this company since 5 years 24 days.
Directors
19 Feb 2021
Devan Narendra Pandya was appointed as a Director on 19 Feb 2021 & has been associated with this company since 5 years 4 months.

Frequently Asked Questions about Nidhi Granites Limited

Nidhi Granites Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 21 November 1981 (45+ years old) and is registered under CIN L51900MH1981PLC025677. Listed on BSE: 512103.

Nidhi Granites Limited reported revenue of ₹47.33 Cr for FY 2025 (up 21.00% YoY).

The current directors of Nidhi Granites Limited are:

The primary industry of Nidhi Granites Limited is financial services. The company specifically operates in brokerage and trading services. The company is currently active in this sector.

Yes. Nidhi Granites Limited is listed on BSE with code 512103.

Nidhi Granites Limited can be reached at the registered office: 503 Madhu Industrial Park Mogra Cross Road Next To Apollo Chambers Andheri East, Mumbai, Maharashtra, India – 400069, or through the website nidhigranites.com.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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