About Nitco Limited
Data last updated: 25 September 2026
Nitco Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in sanitaryware and tile, a part of the broader manufacturing sector. Incorporated on 25 July 1966, the company has been in operation for over 60 years.
Registered with ROC Mumbai under CIN L26920MH1966PLC016547. Listed on BSE: 532722 and NSE: NITCO.
Capital: an authorised share capital of ₹500 Cr and a paid-up capital of ₹390.57 Cr. Formerly known as Nitco Tiles Private Limited and Nitco Tiles Limited. It is led by directors including Poonam Talwar and Santhosh Kumar Shet.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹542 Cr, a growth of 72.4% compared to the previous year. The net worth stands at ₹514.83 Cr (up 29.8% YoY). Total assets are valued at ₹699.69 Cr (up 29.81% YoY).
The company has a workforce of approximately 481 employees as per the latest available data. Its group structure includes 14 subsidiaries.
The company is associated with 2 brands - Nitco Tiles, Nitco Tiles. As per MCA filings, the company has open charges of ₹4,317.25 Cr and satisfied charges of ₹5,826.62 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitco.in.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered Address3/A Recondo Compound, Sudam Kalu Ahire Marg Glaxo, Mumbai, Maharashtra, India – 400030
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IndustryManufacturing, Sanitaryware & Tile, Ceramics
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Nitco Limited
Nitco Limited has undergone 2 name changes throughout its history. The company was previously known as Nitco Tiles Private Limited, and Nitco Tiles Limited. The current legal name is Nitco Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Nitco Limited | Current |
| Nitco Tiles Private Limited | Previous |
| Nitco Tiles Limited | Previous |
Associated Brands with Nitco Limited
Nitco Limited operates two associated brands: NITCO Tiles and Nitco Tiles. These brands represent Nitco Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer & supplier of tiles, mosaic, and marbles | nitco.in | |
| Offers tiles, marble, floor tiles, wall tiles and mosiaco | nitcotiles.com |
Competitors & Alternatives of Nitco Limited
Brands and companies operating in the same space as Nitco Limited include Somany Ceramics, Forbo Group, Simpolo and 7 more.
| Competitor | Description | Location | Founded |
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Ceramic tiles are manufactured by Somany Ceramics in India. | Noida, India, India | 1969 |
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Home construction products including floor coverings and adhesives are manufactured. | Baar, Switzerland, Switzerland | 1928 |
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Vitrified tiles and bathware products are manufactured for diverse applications. | Morbi, India, India | 1977 |
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Made-to-order tiles are manufactured by Fireclay Tile. | San Francisco, United States, United States | 1986 |
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Manufacturer of flooring products and building materials | Lancaster, United States, United States | 2016 |
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Carpet, rugs, and flooring products are manufactured and distributed. | Calhoun, United States, United States | 1988 |
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Flooring and interior furnishing products are manufactured globally. | Tarare, France, France | 1937 |
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Manufacturer of wall and floor ceramic and porcelain tiles for interiors and exteriors | Ras Al-khaimah, United Arab Emirates, United Arab Emirates | 1989 |
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Tiles and flooring products are manufactured in Belgium since 1888. | Soignies, Belgium, Belgium | 1888 |
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Flooring tiles are manufactured and supplied by Asian Granito India. | Ahmedabad, India, India | 2000 |
Business Activity of Nitco Limited
Nitco Limited is engaged in multiple principal business activities such as manufacturing, trade, and real estate, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, wholesale trading, real estate activities with own or leased property. The company has 3 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
| G | Trade | G1 | Wholesale Trading | Locked |
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Nitco Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Nitco Limited
Nitco Limited is audited by M M Nissim & Co LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M Nissim & Co LLP | Locked | Locked | Locked |
Complete auditor history for Nitco Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nitco Limited
Nitco Limited is currently managed by 6 directors, with 29 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Poonam Talwar
Also directs:
Nitco Paints Pvt Ltd, Nitco Construction Materials Private Limited, Nitco Terrazzo Tiles Private Limited(Td. From T.N) and 3 more
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Director | 19 Oct 2022 | 3 Years 11 Months | Current |
| Santhosh Kumar Shet | Director | 11 Nov 2022 | 3 Years 10 Months | Current |
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Harsh Kedia
Also directs:
Dhansafal Finserve Limited
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Director | 11 Nov 2022 | 3 Years 10 Months | Current |
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Priyanka Agarwal
Also directs:
Marvel Limited, Divyadhan Recycling Industries Limited
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Director | 11 Nov 2022 | 3 Years 10 Months | Current |
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Vivek Prannath Talwar
Also directs:
Reliant Properties And Realty Llp, Greenarth Properties And Realty Llp, Strongbase Properties Llp and 5 more
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Managing Director | 12 Feb 2014 | 12 Years 7 Months | Current |
| Ajaybir Singh Jasbir Singh Bakshi | Director | 19 Oct 2022 | 3 Years 11 Months | Current |
Financials of Nitco Limited FY 2025-26 filings available
Nitco Limited reported revenue of ₹542 Cr (up 72.4% 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 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 542 | 314 | 325 | 384 | 411 | 327 | 460 |
| Revenue growth | -47.1% | +167.6% | -15.7% | -2.9% | +17.8% | -31.4% | -6.6% |
| EBITDA | 20.57 | (671) | (42.87) | (53.18) | (39.30) | (54.93) | (96.60) |
| EBITDA margin | +3.8% | -213.3% | -13.2% | -13.9% | -9.6% | -16.8% | -21.0% |
| Profit before tax | 28.67 | (741) | (163) | (151) | (126) | (136) | (70.98) |
| Net profit | 32.88 | (280) | (163) | (135) | (131) | (134) | (91.61) |
| Net profit margin | +6.1% | -89.2% | -50.1% | -35.3% | -31.9% | -40.9% | -19.9% |
| EPS (₹) | 1.20 | (32.40) | (22.68) | (21.05) | (17.55) | (19.47) | (10.05) |
| Balance sheet | |||||||
| Total assets | 700 | 539 | 445 | 517 | 598 | 670 | 784 |
| Net worth | 515 | 397 | (362) | (199) | (48.32) | 77.43 | 214 |
| Total debt | 164 | 124 | 823 | 732 | 662 | 608 | 582 |
| Cash & bank | 31.37 | 91.36 | 7.31 | 11.23 | 12.44 | 12.71 | 10.67 |
| Net working capital | 515 | 341 | 77.76 | 121 | 177 | 220 | 268 |
| Cash flow | |||||||
| Cash from operations | (153) | (148) | (8.79) | 2.59 | 4.71 | 11.86 | 34.61 |
| Cash from investing | (9.53) | 4.01 | (0.47) | (0.37) | 3.71 | (2.17) | (4.01) |
| Cash from financing | 102 | 228 | 5.33 | (3.43) | (8.69) | (7.66) | (35.86) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 116 | 152 | 132 | 108 | 150 | 93.54 | 84.63 | 66.01 |
| Revenue growth (YoY) | -23.3% | +62.1% | +54.7% | +62.2% | +114.8% | +30.4% | +5.6% | -17.7% |
| Other income | 2.49 | 2.32 | 2.60 | 3.50 | 3.47 | 10.18 | 0.55 | 12.77 |
| EBITDA | (8.20) | (4.92) | (10.01) | (13.70) | 49.62 | (6.14) | (478) | (12.77) |
| EBITDA margin | -7.1% | -3.3% | -7.7% | -12.8% | +33.2% | -6.6% | -567.6% | -19.4% |
| Depreciation | 2.13 | 2.23 | 2.06 | (13.53) | 3.11 | 3.55 | 170 | 7.22 |
| Interest | 2.49 | 2.92 | 2.48 | 2.38 | 2.53 | 3.38 | 12.67 | 27.39 |
| Profit before tax | (10.33) | (7.75) | (11.95) | 0.95 | 47.45 | (2.89) | (660) | (34.61) |
| Tax | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Net profit | (10.33) | (7.78) | (11.95) | 0.95 | 47.45 | (2.90) | (660) | (34.61) |
| EPS (₹) | (0.43) | (0.34) | (0.52) | 0.04 | 1.87 | (0.16) | (26.03) | (4.82) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Income statement | |||||||
| Revenue | 540 | 312 | 323 | 382 | 409 | 325 | 458 |
| Revenue growth | -46.6% | +169.7% | -17.3% | -2.9% | +22.8% | -27.9% | -13.8% |
| EBITDA | 21.79 | (658) | (36.73) | (53.14) | (38.99) | (39.60) | (47.14) |
| EBITDA margin | +4.0% | -211.2% | -11.4% | -13.9% | -9.5% | -12.2% | -10.3% |
| Profit before tax | 34.22 | (736) | (156) | (151) | (126) | (121) | (60.37) |
| Net profit | 38.21 | (276) | (157) | (135) | (131) | (125) | (93.32) |
| Net profit margin | +7.1% | -88.4% | -48.5% | -35.5% | -31.9% | -38.6% | -20.4% |
| EPS (₹) | 1.42 | (32.19) | (21.79) | (21.05) | (17.52) | (17.41) | (8.52) |
| Balance sheet | |||||||
| Total assets | 638 | 476 | 464 | 538 | 619 | 690 | 609 |
| Net worth | 535 | 412 | (352) | (196) | (44.75) | 80.73 | 205 |
| Total debt | 99.94 | 62.96 | 815 | 732 | 662 | 608 | 402 |
| Cash & bank | 25.71 | 90.43 | 6.44 | 10.55 | 11.67 | 11.88 | 8.24 |
| Net working capital | 498 | 329 | 95.86 | 141 | 197 | 239 | 128 |
| Cash flow | |||||||
| Cash from operations | (154) | (139) | (0.99) | 2.76 | 4.55 | 11.05 | 22.94 |
| Cash from investing | (14.72) | 3.10 | (0.51) | (0.45) | 3.93 | (1.30) | (3.90) |
| Cash from financing | 104 | 220 | (2.61) | (3.43) | (8.69) | (6.12) | (24.97) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
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| Revenue | 115 | 152 | 131 | 107 | 150 | 92.93 | 84.05 | 65.47 |
| Revenue growth (YoY) | -23.4% | +62.6% | +55.0% | +62.6% | +115.8% | +30.6% | +6.3% | -18.4% |
| Other income | 1.61 | 1.44 | 1.75 | 2.32 | 2.85 | 9.81 | 0.55 | 12.76 |
| Total expenses | 124 | 156 | 141 | 121 | 99.66 | 99.38 | 563 | 76.09 |
| EBITDA | (8.17) | (4.59) | (9.79) | (13.46) | 50.02 | (6.45) | (479) | (10.62) |
| EBITDA margin | -7.2% | -3.0% | -7.5% | -12.7% | +33.5% | -7.0% | -572.3% | -16.3% |
| Depreciation | 1.58 | 1.67 | 1.51 | (14.09) | 2.55 | 2.99 | 170 | 7.22 |
| Interest | 1.12 | 1.54 | 1.06 | 0.96 | 1.12 | 2.31 | 10.56 | 26.95 |
| Profit before tax | (9.26) | (6.36) | (10.61) | 1.99 | 49.20 | (1.94) | (659) | (32.03) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 116 | 152 | 132 | 108 | 150 | 93.54 | 84.63 | 66.01 |
| Revenue growth (YoY) | -23.3% | +62.1% | +54.7% | +62.2% | +114.8% | +30.4% | +5.6% | -17.7% |
| Other income | 2.49 | 2.32 | 2.60 | 3.50 | 3.47 | 10.18 | 0.55 | 12.77 |
| EBITDA | (8.20) | (4.92) | (10.01) | (13.70) | 49.62 | (6.14) | (478) | (12.77) |
| EBITDA margin | -7.1% | -3.3% | -7.7% | -12.8% | +33.2% | -6.6% | -567.6% | -19.4% |
| Depreciation | 2.13 | 2.23 | 2.06 | (13.53) | 3.11 | 3.55 | 170 | 7.22 |
| Interest | 2.49 | 2.92 | 2.48 | 2.38 | 2.53 | 3.38 | 12.67 | 27.39 |
| Profit before tax | (10.33) | (7.75) | (11.95) | 0.95 | 47.45 | (2.89) | (660) | (34.61) |
| Tax | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Net profit | (10.33) | (7.78) | (11.95) | 0.95 | 47.45 | (2.90) | (660) | (34.61) |
| EPS (₹) | (0.43) | (0.34) | (0.52) | 0.04 | 1.87 | (0.16) | (26.03) | (4.82) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 542 | 314 | 325 | 384 | 411 | 327 | 460 |
| Revenue growth | -47.1% | +167.6% | -15.7% | -2.9% | +17.8% | -31.4% | -6.6% |
| Other income | 28.78 | 24.66 | 4.86 | 4.55 | 7.47 | 3.12 | 79.38 |
| Total expenses | 521 | 985 | 368 | 437 | 450 | 382 | 557 |
| Employee cost | 75.92 | 53.80 | 55.87 | 53.73 | 53.35 | 50.97 | 79.14 |
| EBITDA | 20.57 | (671) | (42.87) | (53.18) | (39.30) | (54.93) | (96.60) |
| EBITDA margin | +3.8% | -213.3% | -13.2% | -13.9% | -9.6% | -16.8% | -21.0% |
| Depreciation | 10.37 | 25.12 | 29.16 | 29.26 | 30.00 | 30.75 | 30.54 |
| Interest | 10.31 | 70.19 | 95.53 | 73.35 | 64.33 | 53.62 | 23.22 |
| Profit before tax | 28.67 | (741) | (163) | (151) | (126) | (136) | (70.98) |
| Tax | 0.03 | 0.01 | 0.27 | 0.01 | 0.00 | 3.77 | 1.23 |
| Net profit | 32.88 | (280) | (163) | (135) | (131) | (134) | (91.61) |
| Net profit margin | +6.1% | -89.2% | -50.1% | -35.3% | -31.9% | -40.9% | -19.9% |
| EPS (₹) | 1.20 | (32.40) | (22.68) | (21.05) | (17.55) | (19.47) | (10.05) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Equity & liabilities | |||||||
| Share capital | 391 | 379 | 222 | 222 | 222 | 222 | 222 |
| Reserves & surplus | 96.61 | (36.09) | (584) | (421) | (270) | (144) | (8.11) |
| Shareholders' funds (net worth) | 515 | 397 | (362) | (199) | (48.32) | 77.43 | 214 |
| Minority interest | (0.31) | (0.05) | (17.25) | (17.25) | (17.24) | (17.24) | (14.16) |
| Secured loans | 93.41 | 61.54 | 816 | 730 | 661 | 307 | 424 |
| Unsecured loans | 71.07 | 62.62 | 6.88 | 2.09 | 0.88 | 301 | 159 |
| Total debt | 164 | 124 | 823 | 732 | 662 | 608 | 582 |
| Total liabilities | 700 | 539 | 445 | 517 | 598 | 670 | 784 |
| Assets | |||||||
| Gross block | 879 | 903 | 1,053 | 1,053 | 1,051 | 1,052 | 1,048 |
| Net block | 120 | 137 | 314 | 341 | 368 | 396 | 458 |
| Capital work in progress | 11.48 | 4.27 | 4.27 | 4.24 | 4.40 | 4.78 | 5.05 |
| Investments | 0.76 | 0.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 429 | 373 | 243 | 255 | 251 | 266 | 281 |
| Sundry debtors | 168 | 64.47 | 37.24 | 73.99 | 96.61 | 99.72 | 145 |
| Cash & bank balances | 31.37 | 91.36 | 7.31 | 11.23 | 12.44 | 12.71 | 10.67 |
| Loans & advances | 277 | 194 | 75.00 | 81.90 | 89.42 | 94.44 | 75.84 |
| Total current assets | 906 | 723 | 363 | 422 | 449 | 473 | 513 |
| Total current liabilities | 391 | 382 | 285 | 301 | 273 | 253 | 245 |
| Net working capital | 515 | 341 | 77.76 | 121 | 177 | 220 | 268 |
| Total assets | 700 | 539 | 445 | 517 | 598 | 670 | 784 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 91.36 | 7.31 | 11.23 | 12.44 | 12.71 | 10.67 | 15.93 |
| Net cash from operating activities | (153) | (148) | (8.79) | 2.59 | 4.71 | 11.86 | 34.61 |
| Net cash from investing activities | (9.53) | 4.01 | (0.47) | (0.37) | 3.71 | (2.17) | (4.01) |
| Net cash from financing activities | 102 | 228 | 5.33 | (3.43) | (8.69) | (7.66) | (35.86) |
| Net change in cash | (60.00) | 84.06 | (3.92) | (1.21) | (0.27) | 2.04 | (5.26) |
| Closing cash | 31.37 | 91.36 | 7.31 | 11.23 | 12.44 | 12.71 | 10.67 |
| 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 | +72.4% | -3.3% | -15.2% | -6.6% | +25.6% | -29.0% | -22.6% |
| EBITDA growth | +9998.0% | -1464.2% | +19.4% | -35.3% | +28.5% | +43.1% | -5516.3% |
| PBT growth | +9998.0% | -355.6% | -7.6% | -19.9% | +7.4% | -91.9% | -15.7% |
| Net income growth | +9998.0% | -72.1% | -20.4% | -3.5% | +2.2% | -45.9% | -70.7% |
| Revenue CAGR (3Y) | +12.2% | -8.5% | -0.2% | -5.9% | -11.6% | -18.8% | -13.7% |
| EBITDA CAGR (3Y) | - | +157.4% | -7.9% | -18.0% | +183.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +5.3% | -235.8% | -50.1% | -39.4% | -30.7% | -42.8% | -15.7% |
| Return on capital employed | +2.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +2.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.32 | 27.49 | 0.00 | 0.00 | 43.61 | 4.09 | 2.77 |
| Long-term debt / equity | 0.25 | 4.68 | 0.00 | 0.00 | 12.31 | 2.46 | 2.12 |
| Interest cover | 101.08 | -10.09 | -132.63 | -88.97 | -92.83 | -62.58 | -18.26 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.61 | 0.32 | 0.31 | 0.36 | 0.39 | 0.31 | 0.44 |
| Inventory turnover | 1.35 | 1.02 | 1.31 | 1.52 | 1.59 | 1.20 | 1.47 |
| Debtors turnover | 4.65 | 6.18 | 5.85 | 4.50 | 4.18 | 2.67 | 2.60 |
| EPS (₹) | 1.20 | (32.40) | (22.68) | (21.05) | (17.55) | (19.47) | (10.05) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 14.02 | 8.42 | (71.27) | (48.60) | (27.60) | (10.10) | 8.87 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 115 | 152 | 131 | 107 | 150 | 92.93 | 84.05 | 65.47 |
| Revenue growth (YoY) | -23.4% | +62.6% | +55.0% | +62.6% | +115.8% | +30.6% | +6.3% | -18.4% |
| Other income | 1.61 | 1.44 | 1.75 | 2.32 | 2.85 | 9.81 | 0.55 | 12.76 |
| Total expenses | 124 | 156 | 141 | 121 | 99.66 | 99.38 | 563 | 76.09 |
| EBITDA | (8.17) | (4.59) | (9.79) | (13.46) | 50.02 | (6.45) | (479) | (10.62) |
| EBITDA margin | -7.2% | -3.0% | -7.5% | -12.7% | +33.5% | -7.0% | -572.3% | -16.3% |
| Depreciation | 1.58 | 1.67 | 1.51 | (14.09) | 2.55 | 2.99 | 170 | 7.22 |
| Interest | 1.12 | 1.54 | 1.06 | 0.96 | 1.12 | 2.31 | 10.56 | 26.95 |
| Profit before tax | (9.26) | (6.36) | (10.61) | 1.99 | 49.20 | (1.94) | (659) | (32.03) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 540 | 312 | 323 | 382 | 409 | 325 | 458 |
| Revenue growth | -46.6% | +169.7% | -17.3% | -2.9% | +22.8% | -27.9% | -13.8% |
| Other income | 25.26 | 12.98 | 4.82 | 4.50 | 7.45 | 2.60 | 40.52 |
| Total expenses | 518 | 970 | 360 | 435 | 448 | 365 | 506 |
| Employee cost | 75.92 | 53.80 | 55.87 | 53.73 | 53.35 | 50.97 | 79.14 |
| EBITDA | 21.79 | (658) | (36.73) | (53.14) | (38.99) | (39.60) | (47.14) |
| EBITDA margin | +4.0% | -211.2% | -11.4% | -13.9% | -9.5% | -12.2% | -10.3% |
| Depreciation | 8.15 | 24.56 | 29.16 | 29.26 | 30.00 | 30.75 | 30.54 |
| Interest | 4.68 | 66.29 | 95.18 | 73.35 | 64.33 | 53.62 | 23.21 |
| Profit before tax | 34.22 | (736) | (156) | (151) | (126) | (121) | (60.37) |
| Tax | 0.00 | 0.00 | 0.33 | 0.00 | 0.00 | 3.77 | 0.82 |
| Net profit | 38.21 | (276) | (157) | (135) | (131) | (125) | (93.32) |
| Net profit margin | +7.1% | -88.4% | -48.5% | -35.5% | -31.9% | -38.6% | -20.4% |
| EPS (₹) | 1.42 | (32.19) | (21.79) | (21.05) | (17.52) | (17.41) | (8.52) |
| 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 | 391 | 379 | 222 | 222 | 222 | 222 | 222 |
| Reserves & surplus | 117 | (21.20) | (574) | (418) | (267) | (141) | (16.55) |
| Shareholders' funds (net worth) | 535 | 412 | (352) | (196) | (44.75) | 80.73 | 205 |
| Secured loans | 93.41 | 61.54 | 813 | 730 | 661 | 307 | 402 |
| Unsecured loans | 6.53 | 1.42 | 1.87 | 2.09 | 0.88 | 301 | 0.27 |
| Total debt | 99.94 | 62.96 | 815 | 732 | 662 | 608 | 402 |
| Total liabilities | 638 | 476 | 464 | 538 | 619 | 690 | 609 |
| Assets | |||||||
| Gross block | 825 | 848 | 923 | 923 | 921 | 917 | 917 |
| Net block | 69.50 | 83.58 | 309 | 337 | 363 | 392 | 417 |
| Capital work in progress | 9.65 | 2.45 | 2.45 | 2.45 | 2.61 | 3.11 | 4.03 |
| Investments | 9.46 | 9.46 | 6.95 | 6.95 | 6.95 | 6.95 | 6.95 |
| Inventories | 379 | 327 | 206 | 218 | 214 | 228 | 243 |
| Sundry debtors | 168 | 64.44 | 37.18 | 73.92 | 96.55 | 99.15 | 145 |
| Cash & bank balances | 25.71 | 90.43 | 6.44 | 10.55 | 11.67 | 11.88 | 8.24 |
| Loans & advances | 234 | 154 | 80.68 | 89.24 | 97.07 | 102 | 108 |
| Total current assets | 807 | 636 | 330 | 391 | 419 | 442 | 504 |
| Total current liabilities | 310 | 307 | 234 | 250 | 222 | 203 | 376 |
| Net working capital | 498 | 329 | 95.86 | 141 | 197 | 239 | 128 |
| Total assets | 638 | 476 | 464 | 538 | 619 | 690 | 609 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 90.43 | 6.44 | 10.55 | 11.67 | 11.88 | 8.24 | 14.17 |
| Net cash from operating activities | (154) | (139) | (0.99) | 2.76 | 4.55 | 11.05 | 22.94 |
| Net cash from investing activities | (14.72) | 3.10 | (0.51) | (0.45) | 3.93 | (1.30) | (3.90) |
| Net cash from financing activities | 104 | 220 | (2.61) | (3.43) | (8.69) | (6.12) | (24.97) |
| Net change in cash | (64.73) | 83.99 | (4.11) | (1.12) | (0.21) | 3.64 | (5.93) |
| Closing cash | 25.71 | 90.43 | 6.44 | 10.55 | 11.67 | 11.88 | 8.24 |
| 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 | +73.1% | -3.5% | -15.4% | -6.6% | +25.7% | -29.1% | -22.1% |
| EBITDA growth | +9998.0% | -1692.4% | +30.9% | -36.3% | +1.5% | +16.0% | - |
| PBT growth | +9998.0% | -371.2% | -3.3% | -20.2% | -3.7% | -101.0% | -28.7% |
| Net income growth | +9998.0% | -76.0% | -15.6% | -3.8% | -4.1% | -34.3% | -98.9% |
| Revenue CAGR (3Y) | +12.2% | -8.6% | -0.2% | -5.9% | -11.4% | -18.4% | -13.0% |
| EBITDA CAGR (3Y) | - | +156.6% | -2.5% | +4.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.3% | -236.1% | -48.5% | -39.6% | -30.8% | -38.5% | -13.4% |
| Return on capital employed | +3.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +3.2% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.17 | 14.80 | 0.00 | 0.00 | 35.28 | 3.53 | 2.36 |
| Long-term debt / equity | 0.11 | 1.71 | 0.00 | 0.00 | 9.96 | 2.48 | 2.11 |
| Interest cover | 34.31 | -9.71 | -144.45 | -89.02 | -93.25 | -76.22 | -29.88 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.65 | 0.35 | 0.35 | 0.41 | 0.44 | 0.35 | 0.50 |
| Inventory turnover | 1.53 | 1.17 | 1.53 | 1.77 | 1.85 | 1.38 | 1.69 |
| Debtors turnover | 4.64 | 6.14 | 5.81 | 4.48 | 4.18 | 2.66 | 2.62 |
| EPS (₹) | 1.42 | (32.19) | (21.79) | (21.05) | (17.52) | (17.41) | (8.52) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 14.86 | 9.07 | (69.89) | (48.11) | (27.10) | (9.64) | 7.70 |
Shareholding Pattern of Nitco Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 20.20%, foreign institutional investors hold 2.30%, domestic institutional investors hold 0.60%, retail and other public shareholders hold 76.90% of Nitco Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 20.20% | 20.20% | 16.20% | 16.20% |
| Public | 79.80% | 79.80% | 83.80% | 83.80% |
Group Structure of Nitco Limited
Nitco Limited has 14 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Nitco Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nitco Realties Private Limited | U45201MH2006PTC165337 | - |
| Meghdoot Properties Private Limited | U45201MH2006PTC166528 | - |
| Maxwealth Properties Private Limited | U45201MH2007PTC174231 | - |
| Aileen Properties Private Limited | U45201MH2011PTC213316 | - |
| Feel Better Housing Private Limited | U45400MH2007PTC169306 | - |
| Opera Properties Private Limited | U70100MH1996PTC100383 | - |
Showing major subsidiaries. Total: 14.
Charges & Borrowings of Nitco Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2024 | Others | ₹50 Cr | Open |
| 26 Aug 2024 | Others | ₹25 Cr | Open |
| 23 May 2024 | Others | ₹50 Cr | Open |
| 24 Apr 2024 | Others | ₹750 Cr | Open |
| 22 Jul 2021 | Others | ₹1 Lakh | Open |
Total charge records: 94 View all charges
Employees and EPFO Compliance at Nitco Limited
Nitco Limited has a workforce of 481 employees as of Apr 09, 2024.
Employee and EPFO history for Nitco Limited
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GST Compliance of Nitco Limited
GST registrations and filing compliance for Nitco Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nitco Limited
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MSME Payment Delays by Nitco Limited
MSME payment history for Nitco Limited
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Subsidiaries & Group Companies of Nitco Limited
Corporate group structure for Nitco Limited
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MCA Filings & Documents of Nitco Limited
MCA filings and documents for Nitco Limited
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Recent Activity on Nitco Limited
Recent News on Nitco Limited
Frequently Asked Questions about Nitco Limited
Nitco Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 25 July 1966 (60+ years old) and is registered under CIN L26920MH1966PLC016547. Listed on BSE: 532722 and NSE: NITCO. The company has 481 employees.
Nitco Limited reported revenue of ₹542 Cr for FY 2025-26 (up 72.4% YoY) based on consolidated financials.
The current directors of Nitco Limited are:
- Poonam Talwar - Director
- Santhosh Kumar Shet - Director
- Harsh Kedia - Director
- Priyanka Agarwal - Director
- Vivek Prannath Talwar - Managing Director
- Ajaybir Singh Jasbir Singh Bakshi - Director
The primary industry of Nitco Limited is manufacturing. The company specifically operates in sanitaryware and tile. The company is currently active in this sector.
Yes. Nitco Limited is listed on both BSE (code: 532722) and NSE (symbol: NITCO).
Nitco Limited can be reached at the registered office: 3A Recondo Compound, Sudam Kalu Ahire Marg Glaxo, Mumbai, Maharashtra, India – 400030, or through the website nitco.in.