Nitco Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1966.
1966 Mumbai, Maharashtra, India Active
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About Nitco Limited

Nitco Limited, a active public limited company, was established on 25 July 1966 in Mumbai, Maharashtra, India. Engaging in sanitaryware & tile within the manufacturing sector, it holds CIN: L26920MH1966PLC016547. Registered under ROC Roc Mumbai. it is listed on BSE: 532722 and NSE: NITCO. It has an authorized capital of ₹500.00 Cr and a paid-up capital of ₹379.12 Cr.

Formerly known as Nitco Tiles Private Limited, Nitco Tiles Limited. It upholds a compliant status. Employing 481 professional, Its leadership includes Priyanka Agarwal (Director), Santhosh Kumar Shet (Director), Harsh Kedia (Director). Past directors included Mahesh Jhaverchand Shah, Manish Puri, Rohan Vivek Talwar. It holds ₹8,947.53 Cr open charges and ₹1,196.34 Cr settled loans. Its latest AGM occurred on 20 September 2024, with the balance sheet filed on 31 March 2024. It is based at 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Mumbai, Maharashtra, 400030.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L26920MH1966PLC016547

  • Registration Number

    016547

  • Incorporation Date

    25 July 1966

  • Authorized Capital

    ₹500.00 Cr

  • Paid-Up Capital

    ₹379.12 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 532722, NSE: NITCO)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 500.00 Cr
  • Paid Up Capital ₹ 379.12 Cr
  • Company Age 59 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8,947.53 Cr
  • Satisfied Charges ₹ 1,196.34 Cr
  • Revenue Growth **** -7.20%
  • Profit Growth **** -20.17%
  • Ebitda **** 4.33%
  • Net Worth -77.51%
  • Total Assets -6.33%
Company report

Nitco Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nitco Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nitco Limited?
Current Directors
Name Designation Appointment Date Status
Priyanka Agarwal Director 11 Nov 2022 Current
Santhosh Kumar Shet Director 11 Nov 2022 Current
Harsh Kedia Director 11 Nov 2022 Current
Ajaybir Singh Jasbir Singh Bakshi Director 19 Oct 2022 Current
Sitanshu Satapathy Cfo 12 Aug 2023 Current
Vivek Talwar Prannath Nodal Officer 20 Jan 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Ceo(Kmp) 03 Jul 2020 Past
Pramod Abcsdd Additional Director 24 Sep 2021 Past
Pramod Abcsdd Director 14 Feb 2017 Past
Pramod Abcsdd Director 21 Sep 2022 Past
Pramod Abcsdd Nominee Director 18 Sep 2014 Past
Pramod Abcsdd Additional Director 18 Aug 2022 Past

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Financial Performance of Nitco.

Nitco Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.2% decrease. The company also saw a substantial fall in profitability, with a 20.17% decrease in profit. The company's net worth observed a substantial decline by a decrease of 77.51%.

Nitco revenue growth over time
Nitco profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -7.20%
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Revenue from Operations
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 -6.61%
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Total Assets
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 -6.33%
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Profit or Loss
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 -20.17%
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Net Worth
*******
 -77.51%
*******
*******
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EBITDA
*******
 4.33%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Nitco?

In 2023, Nitco had a promoter holding of 53.01% and a public holding of 46.98%. The company had 14 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹89,475,291,130.00

Satisfied Charges

₹11,963,410,515.00

Charges Breakdown by Lending Institutions
  • Others : 4881.08 Cr
  • Idbi Trusteeship Services Limited : 3735.70 Cr
  • State Bank Of Indore : 75.00 Cr
  • Punjab National Bank : 66.80 Cr
  • State Bank Of Patiala : 60.00 Cr
  • Others : 128.95 Cr
Latest Charge Details
Date Lender Amount Status
06 Sep 2024 Others ₹50.00 Cr Open
26 Aug 2024 Others ₹25.00 Cr Open
23 May 2024 Others ₹50.00 Cr Open
24 Apr 2024 Others ₹750.00 Cr Open
22 Jul 2021 Others ₹0.10 M Open

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How Many Employees Work at Nitco?

Nitco has a workforce of 481 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nitco, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nitco's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nitco
Recent Activity within the Organization
  • Charges

    The activity A charge with Idbi Trusteeship Services Limited of Rs. 1,263.08 Cr registered on 05 May 2016 with Charge ID 100045284 was modified on 24 Mar 2025. was completed.

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 1,772.62 Cr registered on 27 Jun 2013 with Charge ID 10438345 was modified on 24 Mar 2025. was recorded as a recent event.

  • Charges

    A charge registered on 18 Sep 2007 via Charge ID 10069102 with Life Insurance Corporation Of India was fully satisfied on 30 Oct 2024. was recorded as a recent event.

  • Annual General Meeting

    Nitco Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100994160 was registered on 06 Sep 2024. was documented.

  • Charges

    Progress on A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100978480 was registered on 26 Aug 2024. was documented.

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Frequently Asked Questions
What is the CIN of Nitco Limited?

The CIN of Nitco Limited is L26920MH1966PLC016547.

Where is Nitco Limited headquartered?

Nitco Limited is headquartered at 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Mumbai, Maharashtra, 400030.

When was Nitco Limited incorporated?

Nitco Limited was incorporated on 25 July 1966.

Who are the current directors of Nitco Limited?

The current directors of Nitco Limited are

What is the primary industry of Nitco Limited?

The primary industry of Nitco Limited is Manufacturing.

Is Nitco Limited a listed company?

Nitco Limited is listed. It is listed on BSE: 532722 and NSE: NITCO.

What is the capital structure of Nitco Limited?

The authorized capital of Nitco Limited is ₹500.00 Cr, and the paid-up capital is ₹379.12 Cr.

What is the compliance status of Nitco Limited?

The compliance status of Nitco Limited is Compliant.

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