About Nitco Limited
Data last updated: 24 December 2025
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 ₹379.12 Cr. Formerly known as Nitco Tiles Private Limited and Nitco Tiles Limited. It is led by directors including Priyanka Agarwal and Santhosh Kumar Shet.
Last AGM: 20 September 2024. Financial statements filed for year ended 31 March 2024. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹327.74 Cr, a decline of 1% compared to the previous year.
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 ₹8,947.53 Cr and satisfied charges of ₹1,196.34 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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Email*****@*****.com
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Telephone+91-****-******
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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 |
|---|---|---|---|
Somany Ceramics
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Ceramic tiles are manufactured by Somany Ceramics in India. | Noida, India, India | 1969 |
Forbo Group
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Home construction products including floor coverings and adhesives are manufactured. | Baar, Switzerland, Switzerland | 1928 |
Simpolo
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Vitrified tiles and bathware products are manufactured for diverse applications. | Morbi, India, India | 1977 |
Fireclay Tile
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Made-to-order tiles are manufactured by Fireclay Tile. | San Francisco, United States, United States | 1986 |
Armstrong Flooring
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Manufacturer of flooring products and building materials | Lancaster, United States, United States | 2016 |
Mohawk Industries
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Carpet, rugs, and flooring products are manufactured and distributed. | Calhoun, United States, United States | 1988 |
Gerflor
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Flooring and interior furnishing products are manufactured globally. | Tarare, France, France | 1937 |
RAK Ceramics
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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 |
Careers Hainaut
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Tiles and flooring products are manufactured in Belgium since 1888. | Soignies, Belgium, Belgium | 1888 |
Asian Granito India
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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 | ********* |
| G | Trade | G1 | Wholesale Trading | ********* |
| L | Real Estate | L1 | Real estate activities with own or leased property | ********* |
Auditor Details of Nitco Limited
Nitco Limited is audited by M.M. Nissim & Co LLP (ICAI peer reviewed, certificate valid till 2028-03-31) for the financial year 2026, as reported in its NSE 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 |
|---|---|---|
| M.M. Nissim & Co LLP (ICAI peer reviewed, certificate valid till 2028-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nitco Limited
Nitco Limited is currently managed by 9 directors, with 34 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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Priyanka Agarwal
Also directs:
Marvel Limited, Divyadhan Recycling Industries Limited
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Director | 11 Nov 2022 | 3 Years 7 Months | Current |
| Santhosh Kumar Shet | Director | 11 Nov 2022 | 3 Years 7 Months | Current |
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Harsh Kedia
Also directs:
Dhansafal Finserve Limited
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Director | 11 Nov 2022 | 3 Years 7 Months | Current |
| Ajaybir Singh Jasbir Singh Bakshi | Director | 19 Oct 2022 | 3 Years 8 Months | Current |
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Sitanshu Satapathy
Also directs:
Anannya Heavens Hospitality Limited
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Cfo | 12 Aug 2023 | 2 Years 10 Months | Current |
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Vivek Talwar Prannath
Also directs:
Reliant Properties And Realty Llp, Greenarth Properties And Realty Llp, Strongbase Properties Llp and 5 more
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Nodal Officer | 20 Jan 2022 | 4 Years 5 Months | Current |
Financials of Nitco Limited FY 2026 filings available
Nitco Limited reported revenue of ₹542 Cr (up 72.39% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹542 Cr | ₹314.39 Cr | ₹325.22 Cr | ₹383.69 Cr | ₹410.61 Cr | ₹326.96 Cr | ₹461.04 Cr |
| Other Income | ₹11.89 Cr | ₹13.35 Cr | ₹4.86 Cr | ₹4.55 Cr | ₹7.47 Cr | ₹3.12 Cr | ₹9.08 Cr |
| Total Income | ₹553.88 Cr | ₹327.74 Cr | ₹330.08 Cr | ₹388.24 Cr | ₹418.08 Cr | ₹330.08 Cr | ₹470.12 Cr |
| Cost of Materials Consumed | ₹89.79 Cr | ₹41.84 Cr | ₹43.77 Cr | ₹42.31 Cr | ₹29.6 Cr | ₹23.3 Cr | ₹40.3 Cr |
| Purchases of Stock-in-Trade | ₹272.5 Cr | ₹197.19 Cr | ₹203.74 Cr | ₹260.62 Cr | ₹289.1 Cr | ₹222.04 Cr | ₹274.26 Cr |
| Changes in Inventories | -₹13.23 Cr | ₹49.96 Lakh | ₹11.25 Cr | ₹5.29 Cr | ₹9.76 Cr | ₹7.01 Cr | ₹38.48 Cr |
| Employee Benefit Expense | ₹75.92 Cr | ₹53.8 Cr | ₹55.87 Cr | ₹53.73 Cr | ₹53.35 Cr | ₹50.97 Cr | ₹79.17 Cr |
| Finance Costs | ₹10.31 Cr | ₹70.19 Cr | ₹95.53 Cr | ₹73.35 Cr | ₹64.33 Cr | ₹53.62 Cr | ₹23.48 Cr |
| Depreciation & Amortisation | -₹6.13 Cr | ₹187.79 Cr | ₹29.16 Cr | ₹29.26 Cr | ₹30 Cr | ₹30.75 Cr | ₹38.64 Cr |
| Other Expenses | ₹92.04 Cr | ₹55.8 Cr | ₹53.47 Cr | ₹59.07 Cr | ₹68.09 Cr | ₹72.31 Cr | ₹78.88 Cr |
| Total Expenses | ₹521.21 Cr | ₹607.1 Cr | ₹492.78 Cr | ₹523.63 Cr | ₹544.22 Cr | ₹460 Cr | ₹573.22 Cr |
| Profit Before Exceptional Items & Tax | ₹32.67 Cr | -₹279.36 Cr | -₹162.7 Cr | -₹135.39 Cr | -₹126.14 Cr | -₹129.92 Cr | -₹103.1 Cr |
| Exceptional Items | -₹4 Cr | -₹461.85 Cr | ₹0 | -₹15.85 Cr | ₹0 | ₹0 | ₹32.13 Cr |
| Profit Before Tax | ₹28.67 Cr | -₹741.2 Cr | -₹162.7 Cr | -₹151.24 Cr | -₹126.14 Cr | -₹129.92 Cr | -₹70.97 Cr |
| Total Tax Expense | ₹2.57 Lakh | ₹63,000 | ₹27.3 Lakh | ₹80,000 | ₹20,000 | ₹3.77 Cr | ₹1.23 Cr |
| Net Profit | ₹28.65 Cr | -₹741.21 Cr | -₹162.97 Cr | -₹151.25 Cr | -₹126.14 Cr | -₹127.42 Cr | -₹72.2 Cr |
| attributable to Owners | ₹28.9 Cr | -₹5.41 Lakh | -₹27,000 | -₹151.25 Cr | -₹126.13 Cr | -₹136.87 Cr | ₹0 |
| attributable to NCI | -₹25.38 Lakh | -₹741.15 Cr | -₹162.97 Cr | -₹25,000 | -₹82,000 | ₹3.08 Cr | -₹24.76 Cr |
| Other Comprehensive Income | ₹10.65 Lakh | -₹9.97 Lakh | ₹8.53 Lakh | ₹30.3 Lakh | ₹38.29 Lakh | ₹54.5 Lakh | -₹14.25 Lakh |
| Total Comprehensive Income | ₹28.75 Cr | -₹741.31 Cr | -₹162.89 Cr | -₹150.95 Cr | -₹125.76 Cr | -₹126.87 Cr | -₹72.34 Cr |
| EBITDA (computed) | ₹36.86 Cr | -₹21.38 Cr | -₹38.01 Cr | -₹32.78 Cr | -₹31.81 Cr | -₹45.55 Cr | -₹40.98 Cr |
| Basic EPS | ₹1.26 | ₹-74.59 | ₹-22.68 | ₹-5.86 | ₹-17.50 | ₹-18.53 | ₹-6.62 |
| Diluted EPS | ₹1.19 | ₹-74.59 | ₹-22.68 | ₹-5.86 | ₹-17.50 | ₹-18.53 | ₹-6.62 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹1,090.21 Cr | ₹921.11 Cr | ₹730.28 Cr | ₹817.89 Cr |
| Non-current Assets | ₹184.7 Cr | ₹198.49 Cr | ₹367.62 Cr | ₹395.7 Cr |
| Current Assets | ₹880.27 Cr | ₹722.62 Cr | ₹331.81 Cr | ₹391.35 Cr |
| Property, Plant & Equipment | ₹65.99 Cr | ₹84.85 Cr | ₹308.56 Cr | ₹335.82 Cr |
| Inventories | ₹428.55 Cr | ₹373.22 Cr | ₹243.12 Cr | ₹0 |
| Trade Receivables | ₹168.43 Cr | ₹64.47 Cr | ₹37.24 Cr | ₹73.99 Cr |
| Cash & Equivalents | ₹31.37 Cr | ₹91.36 Cr | ₹7.31 Cr | ₹11.23 Cr |
| Equity (Net Worth) | ₹364.51 Cr | ₹246.57 Cr | -₹529.42 Cr | -₹366.51 Cr |
| Equity Share Capital | ₹240.52 Cr | ₹228.72 Cr | ₹71.86 Cr | ₹71.86 Cr |
| Borrowings (Non-current) | ₹260.31 Cr | ₹273.45 Cr | ₹200 Cr | ₹200 Cr |
| Borrowings (Current) | ₹43.88 Cr | ₹12.47 Cr | ₹771.13 Cr | ₹679.72 Cr |
| Total Debt (computed) | ₹304.19 Cr | ₹285.92 Cr | ₹971.13 Cr | ₹879.72 Cr |
| Current Liabilities | ₹436.99 Cr | ₹395.65 Cr | ₹1,010.4 Cr | ₹934.83 Cr |
| Total Liabilities | ₹725.7 Cr | ₹674.54 Cr | ₹1,259.7 Cr | ₹1,184.41 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹152.58 Cr | -₹147.97 Cr | -₹8.79 Cr | ₹2.59 Cr | ₹6.18 Cr |
| Investing Cash Flow | -₹9.53 Cr | -₹4.01 Cr | -₹46.61 Lakh | -₹36.53 Lakh | ₹3.71 Cr |
| Financing Cash Flow | ₹102.12 Cr | ₹228.02 Cr | ₹5.33 Cr | -₹3.43 Cr | -₹10.15 Cr |
| Capital Expenditure | ₹9.54 Cr | ₹6.23 Cr | ₹46.61 Lakh | ₹36.53 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹162.12 Cr | -₹154.21 Cr | -₹9.25 Cr | ₹2.22 Cr | ₹6.18 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹60 Cr | ₹76.04 Cr | -₹3.92 Cr | -₹1.21 Cr | -₹26.77 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹152.32 Cr | ₹131.76 Cr | ₹107.7 Cr | ₹150.22 Cr | ₹93.54 Cr | ₹84.62 Cr | ₹66.01 Cr | ₹70.22 Cr | ₹71.78 Cr | ₹80.48 Cr | ₹80.53 Cr | ₹92.43 Cr |
| Other Income | ₹2.32 Cr | ₹2.6 Cr | ₹3.5 Cr | ₹3.47 Cr | ₹10.18 Cr | ₹54.89 Lakh | ₹1.46 Cr | ₹1.16 Cr | ₹76.07 Lakh | ₹55.71 Lakh | ₹1.83 Cr | ₹1.71 Cr |
| Total Income | ₹154.64 Cr | ₹134.36 Cr | ₹111.2 Cr | ₹153.69 Cr | ₹103.71 Cr | ₹85.17 Cr | ₹67.47 Cr | ₹71.38 Cr | ₹72.54 Cr | ₹81.04 Cr | ₹82.36 Cr | ₹94.14 Cr |
| Cost of Materials Consumed | ₹32.05 Cr | ₹24.84 Cr | ₹20.54 Cr | ₹12.36 Cr | ₹13.27 Cr | ₹11.1 Cr | ₹8.62 Cr | ₹8.85 Cr | ₹10.87 Cr | ₹11.59 Cr | ₹12.66 Cr | ₹8.66 Cr |
| Purchases of Stock-in-Trade | ₹78.79 Cr | ₹71.08 Cr | ₹61.01 Cr | ₹61.62 Cr | ₹59.82 Cr | ₹53.61 Cr | ₹39.68 Cr | ₹44.07 Cr | ₹47.09 Cr | ₹50.27 Cr | ₹46.19 Cr | ₹60.19 Cr |
| Changes in Inventories | -₹1.47 Cr | -₹2.08 Cr | -₹3.28 Cr | -₹6.41 Cr | -₹4.71 Cr | -₹3.19 Cr | ₹5.62 Cr | ₹2.78 Cr | ₹8.86 Cr | -₹22.73 Lakh | -₹39.97 Lakh | ₹3.02 Cr |
| Employee Benefit Expense | ₹20.43 Cr | ₹18.94 Cr | ₹22.01 Cr | ₹14.54 Cr | ₹14.18 Cr | ₹13.91 Cr | ₹12.92 Cr | ₹12.79 Cr | ₹13.84 Cr | ₹14.11 Cr | ₹14.27 Cr | ₹13.65 Cr |
| Finance Costs | ₹2.92 Cr | ₹2.48 Cr | ₹2.38 Cr | ₹2.53 Cr | ₹3.38 Cr | ₹12.67 Cr | ₹27.39 Cr | ₹26.74 Cr | ₹25.38 Cr | ₹24.23 Cr | ₹23.97 Cr | ₹21.95 Cr |
| Depreciation & Amortisation | ₹2.23 Cr | ₹2.06 Cr | -₹13.53 Cr | ₹3.11 Cr | ₹3.55 Cr | ₹169.88 Cr | ₹7.22 Cr | ₹7.15 Cr | ₹7.25 Cr | ₹7.34 Cr | ₹7.33 Cr | ₹7.24 Cr |
| Other Expenses | ₹27.45 Cr | ₹24.99 Cr | ₹21.12 Cr | ₹18.49 Cr | ₹17.13 Cr | ₹14.22 Cr | ₹11.94 Cr | ₹12.52 Cr | ₹12.72 Cr | ₹18.88 Cr | ₹9.99 Cr | ₹11.87 Cr |
| Total Expenses | ₹162.4 Cr | ₹142.32 Cr | ₹110.26 Cr | ₹106.23 Cr | ₹106.61 Cr | ₹272.2 Cr | ₹113.39 Cr | ₹114.9 Cr | ₹126.01 Cr | ₹126.19 Cr | ₹114.01 Cr | ₹126.58 Cr |
| Profit Before Exceptional Items & Tax | -₹7.76 Cr | -₹7.96 Cr | ₹94.1 Lakh | ₹47.46 Cr | -₹2.9 Cr | -₹187.02 Cr | -₹45.91 Cr | -₹43.52 Cr | -₹53.47 Cr | -₹45.15 Cr | -₹31.65 Cr | -₹32.44 Cr |
| Exceptional Items | ₹0 | -₹4 Cr | ₹0 | ₹0 | ₹0 | -₹473.15 Cr | ₹11.3 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹7.76 Cr | -₹11.96 Cr | ₹94.1 Lakh | ₹47.46 Cr | -₹2.9 Cr | -₹660.17 Cr | -₹34.61 Cr | -₹43.52 Cr | -₹53.47 Cr | -₹45.15 Cr | -₹31.65 Cr | -₹32.44 Cr |
| Total Tax Expense | ₹2.57 Lakh | ₹0 | ₹0 | ₹0 | ₹63,000 | ₹0 | ₹0 | ₹0 | -₹5.58 Lakh | ₹0 | ₹0 | ₹32.89 Lakh |
| Net Profit | -₹7.79 Cr | -₹11.96 Cr | ₹94.1 Lakh | ₹47.46 Cr | -₹2.9 Cr | -₹660.17 Cr | -₹34.61 Cr | -₹43.52 Cr | -₹53.41 Cr | -₹45.15 Cr | -₹31.65 Cr | -₹32.77 Cr |
| attributable to Owners | -₹7.73 Cr | -₹11.9 Cr | ₹1 Cr | ₹47.53 Cr | -₹5.07 Lakh | -₹660.18 Cr | -₹34.61 Cr | -₹43.52 Cr | ₹1.53 Cr | -₹43.62 Cr | -₹31.65 Cr | -₹32.77 Cr |
| attributable to NCI | -₹5.72 Lakh | -₹6.19 Lakh | -₹6.29 Lakh | -₹7.17 Lakh | -₹2.85 Cr | ₹40,000 | -₹67,000 | -₹7,000 | -₹54.94 Cr | -₹1.53 Cr | -₹2,000 | -₹10,000 |
| Other Comprehensive Income | ₹23.36 Lakh | ₹25.58 Lakh | -₹55.56 Lakh | ₹17.27 Lakh | -₹10.91 Lakh | ₹4.12 Lakh | ₹1.06 Lakh | -₹4.24 Lakh | ₹26.47 Lakh | ₹90,000 | -₹6.2 Lakh | -₹12.64 Lakh |
| Total Comprehensive Income | -₹7.55 Cr | -₹11.71 Cr | ₹38.54 Lakh | ₹47.63 Cr | -₹3.01 Cr | -₹660.13 Cr | -₹34.6 Cr | -₹43.56 Cr | -₹53.15 Cr | -₹45.14 Cr | -₹31.71 Cr | -₹32.89 Cr |
| EBITDA (computed) | -₹2.61 Cr | -₹3.42 Cr | -₹10.21 Cr | ₹53.09 Cr | ₹4.03 Cr | -₹4.47 Cr | -₹11.31 Cr | -₹9.63 Cr | -₹20.83 Cr | -₹13.58 Cr | -₹34.21 Lakh | -₹3.25 Cr |
| Basic EPS | ₹-0.34 | ₹-0.52 | ₹0.04 | ₹2.07 | ₹-0.16 | ₹-91.87 | ₹-4.82 | ₹-6.06 | ₹-7.43 | ₹-6.28 | ₹-4.40 | ₹-4.56 |
| Diluted EPS | ₹-0.34 | ₹-0.52 | ₹0.04 | ₹1.87 | ₹-0.16 | ₹-91.87 | ₹-4.82 | ₹-6.06 | ₹-7.43 | ₹-6.28 | ₹-4.40 | ₹-4.56 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Tiles and other related products | ₹151.75 Cr | -₹4.14 Cr | ₹389.68 Cr | ₹169.54 Cr |
| Real estate | ₹57.48 Lakh | -₹3.01 Cr | ₹606.34 Cr | ₹265.71 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Tiles and other related products | ₹481.29 Cr | -₹13.91 Cr | - | - |
| Real estate | ₹60.71 Cr | ₹45.01 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹539.71 Cr | ₹311.77 Cr | ₹323.01 Cr | ₹381.67 Cr | ₹408.67 Cr | ₹325.08 Cr | ₹458.37 Cr |
| Other Income | ₹8.36 Cr | ₹12.97 Cr | ₹4.82 Cr | ₹4.5 Cr | ₹7.45 Cr | ₹2.6 Cr | ₹6.82 Cr |
| Total Income | ₹548.08 Cr | ₹324.75 Cr | ₹327.83 Cr | ₹386.17 Cr | ₹416.12 Cr | ₹327.67 Cr | ₹465.19 Cr |
| Cost of Materials Consumed | ₹87.85 Cr | ₹37.8 Cr | ₹41.87 Cr | ₹40.55 Cr | ₹27.91 Cr | ₹21.73 Cr | ₹37.84 Cr |
| Purchases of Stock-in-Trade | ₹272.5 Cr | ₹197.19 Cr | ₹203.74 Cr | ₹260.62 Cr | ₹289.1 Cr | ₹222.04 Cr | ₹274.82 Cr |
| Changes in Inventories | -₹13.23 Cr | ₹49.96 Lakh | ₹11.25 Cr | ₹5.29 Cr | ₹9.76 Cr | ₹7.01 Cr | ₹35.33 Cr |
| Employee Benefit Expense | ₹75.92 Cr | ₹53.8 Cr | ₹55.87 Cr | ₹53.73 Cr | ₹53.35 Cr | ₹50.97 Cr | ₹79.14 Cr |
| Finance Costs | ₹4.68 Cr | ₹66.29 Cr | ₹95.18 Cr | ₹73.35 Cr | ₹64.33 Cr | ₹53.62 Cr | ₹23.21 Cr |
| Depreciation & Amortisation | -₹8.35 Cr | ₹187.23 Cr | ₹29.16 Cr | ₹29.26 Cr | ₹30 Cr | ₹30.75 Cr | ₹30.54 Cr |
| Other Expenses | ₹90.49 Cr | ₹56.31 Cr | ₹47.02 Cr | ₹58.78 Cr | ₹67.54 Cr | ₹62.91 Cr | ₹76.8 Cr |
| Total Expenses | ₹509.85 Cr | ₹599.11 Cr | ₹484.08 Cr | ₹521.58 Cr | ₹541.99 Cr | ₹449.04 Cr | ₹557.69 Cr |
| Profit Before Exceptional Items & Tax | ₹38.22 Cr | -₹274.37 Cr | -₹156.26 Cr | -₹135.41 Cr | -₹125.87 Cr | -₹121.36 Cr | -₹92.5 Cr |
| Exceptional Items | -₹4 Cr | -₹461.85 Cr | ₹0 | -₹15.85 Cr | ₹0 | ₹0 | ₹32.13 Cr |
| Profit Before Tax | ₹34.22 Cr | -₹736.21 Cr | -₹156.26 Cr | -₹151.26 Cr | -₹125.87 Cr | -₹121.36 Cr | -₹60.37 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹32.89 Lakh | ₹0 | ₹0 | ₹3.77 Cr | ₹82.35 Lakh |
| Net Profit | ₹34.22 Cr | -₹736.21 Cr | -₹156.59 Cr | -₹151.26 Cr | -₹125.87 Cr | -₹125.13 Cr | -₹61.19 Cr |
| Other Comprehensive Income | ₹10.65 Lakh | -₹9.97 Lakh | ₹8.53 Lakh | ₹30.3 Lakh | ₹38.29 Lakh | ₹54.5 Lakh | -₹14.25 Lakh |
| Total Comprehensive Income | ₹34.33 Cr | -₹736.31 Cr | -₹156.5 Cr | -₹150.96 Cr | -₹125.48 Cr | -₹124.58 Cr | -₹61.33 Cr |
| EBITDA (computed) | ₹34.55 Cr | -₹20.85 Cr | -₹31.92 Cr | -₹32.79 Cr | -₹31.54 Cr | -₹36.99 Cr | -₹38.74 Cr |
| Basic EPS | ₹1.49 | ₹-74.09 | ₹-21.79 | ₹21.05 | ₹-17.46 | ₹-17.34 | ₹-8.54 |
| Diluted EPS | ₹1.41 | ₹-74.09 | ₹-21.79 | ₹21.05 | ₹-17.46 | ₹-17.34 | ₹-8.54 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹947.54 Cr | ₹782.86 Cr | ₹698.47 Cr | ₹787.95 Cr |
| Non-current Assets | ₹140.4 Cr | ₹146.87 Cr | ₹368.42 Cr | ₹396.51 Cr |
| Current Assets | ₹781.91 Cr | ₹635.99 Cr | ₹330.05 Cr | ₹391.44 Cr |
| Property, Plant & Equipment | ₹63.07 Cr | ₹81.97 Cr | ₹307.47 Cr | ₹334.72 Cr |
| Inventories | ₹378.81 Cr | ₹326.73 Cr | ₹205.75 Cr | ₹217.73 Cr |
| Trade Receivables | ₹168.37 Cr | ₹64.44 Cr | ₹37.18 Cr | ₹73.92 Cr |
| Cash & Equivalents | ₹25.71 Cr | ₹90.43 Cr | ₹6.44 Cr | ₹10.55 Cr |
| Equity (Net Worth) | ₹385.03 Cr | ₹261.51 Cr | -₹502.21 Cr | -₹345.71 Cr |
| Equity Share Capital | ₹240.52 Cr | ₹228.72 Cr | ₹71.86 Cr | ₹71.86 Cr |
| Borrowings (Non-current) | ₹200 Cr | ₹200 Cr | ₹200 Cr | ₹200 Cr |
| Borrowings (Current) | ₹43.41 Cr | ₹11.54 Cr | ₹762.83 Cr | ₹679.72 Cr |
| Total Debt (computed) | ₹243.41 Cr | ₹211.54 Cr | ₹962.83 Cr | ₹879.72 Cr |
| Current Liabilities | ₹354.68 Cr | ₹319.11 Cr | ₹998.3 Cr | ₹930.99 Cr |
| Total Liabilities | ₹562.51 Cr | ₹521.35 Cr | ₹1,200.68 Cr | ₹1,133.66 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹154.42 Cr | -₹138.81 Cr | -₹98.72 Lakh | ₹2.76 Cr | ₹5.68 Cr |
| Investing Cash Flow | -₹14.72 Cr | ₹3.1 Cr | -₹50.72 Lakh | -₹44.63 Lakh | ₹3.93 Cr |
| Financing Cash Flow | ₹104.42 Cr | ₹354.1 Cr | -₹2.61 Cr | -₹3.43 Cr | -₹9.81 Cr |
| Capital Expenditure | ₹9.5 Cr | ₹62.14 Lakh | ₹0 | ₹44.63 Lakh | ₹0 |
| Free Cash Flow (computed) | -₹163.92 Cr | -₹139.43 Cr | -₹98.72 Lakh | ₹2.32 Cr | ₹5.68 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹64.73 Cr | ₹218.39 Cr | -₹4.11 Cr | -₹1.12 Cr | -₹20.53 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹151.75 Cr | ₹131.18 Cr | ₹107.1 Cr | ₹149.69 Cr | ₹92.93 Cr | ₹84.05 Cr | ₹65.47 Cr | ₹69.32 Cr | ₹71.19 Cr | ₹79.41 Cr | ₹80.5 Cr | ₹91.9 Cr |
| Other Income | ₹1.44 Cr | ₹1.75 Cr | ₹2.32 Cr | ₹2.85 Cr | ₹9.81 Cr | ₹54.73 Lakh | ₹1.46 Cr | ₹1.16 Cr | ₹72.29 Lakh | ₹55.39 Lakh | ₹1.83 Cr | ₹1.71 Cr |
| Total Income | ₹153.19 Cr | ₹132.92 Cr | ₹109.42 Cr | ₹152.54 Cr | ₹102.74 Cr | ₹84.6 Cr | ₹66.94 Cr | ₹70.48 Cr | ₹71.91 Cr | ₹79.97 Cr | ₹82.33 Cr | ₹93.61 Cr |
| Cost of Materials Consumed | ₹31.63 Cr | ₹24.31 Cr | ₹20.02 Cr | ₹11.89 Cr | ₹12.76 Cr | ₹10.62 Cr | ₹6.05 Cr | ₹8.37 Cr | ₹10.36 Cr | ₹10.66 Cr | ₹12.65 Cr | ₹8.2 Cr |
| Purchases of Stock-in-Trade | ₹78.79 Cr | ₹71.08 Cr | ₹61.01 Cr | ₹61.62 Cr | ₹59.82 Cr | ₹53.61 Cr | ₹39.68 Cr | ₹44.07 Cr | ₹47.09 Cr | ₹50.27 Cr | ₹46.19 Cr | ₹60.19 Cr |
| Changes in Inventories | -₹1.47 Cr | -₹2.08 Cr | -₹3.28 Cr | -₹6.41 Cr | -₹4.71 Cr | -₹3.19 Cr | ₹5.62 Cr | ₹2.78 Cr | ₹8.86 Cr | -₹22.73 Lakh | -₹39.97 Lakh | ₹3.02 Cr |
| Employee Benefit Expense | ₹20.43 Cr | ₹18.94 Cr | ₹22.01 Cr | ₹14.54 Cr | ₹14.18 Cr | ₹13.91 Cr | ₹12.92 Cr | ₹12.79 Cr | ₹13.84 Cr | ₹14.11 Cr | ₹14.27 Cr | ₹13.65 Cr |
| Finance Costs | ₹1.54 Cr | ₹1.06 Cr | ₹96.38 Lakh | ₹1.12 Cr | ₹2.31 Cr | ₹10.56 Cr | ₹26.95 Cr | ₹26.47 Cr | ₹25.03 Cr | ₹24.23 Cr | ₹23.97 Cr | ₹21.95 Cr |
| Depreciation & Amortisation | ₹1.67 Cr | ₹1.51 Cr | -₹14.09 Cr | ₹2.55 Cr | ₹2.99 Cr | ₹169.88 Cr | ₹7.22 Cr | ₹7.15 Cr | ₹7.25 Cr | ₹7.34 Cr | ₹7.33 Cr | ₹7.24 Cr |
| Other Expenses | ₹26.97 Cr | ₹24.71 Cr | ₹20.79 Cr | ₹18.02 Cr | ₹17.34 Cr | ₹14.79 Cr | ₹11.82 Cr | ₹12.36 Cr | ₹12.64 Cr | ₹12.62 Cr | ₹9.97 Cr | ₹11.79 Cr |
| Total Expenses | ₹159.55 Cr | ₹139.54 Cr | ₹107.43 Cr | ₹103.33 Cr | ₹104.68 Cr | ₹270.18 Cr | ₹110.26 Cr | ₹113.99 Cr | ₹125.07 Cr | ₹118.99 Cr | ₹113.98 Cr | ₹126.05 Cr |
| Profit Before Exceptional Items & Tax | -₹6.36 Cr | -₹6.61 Cr | ₹1.99 Cr | ₹49.21 Cr | -₹1.94 Cr | -₹185.58 Cr | -₹43.32 Cr | -₹43.52 Cr | -₹53.15 Cr | -₹39.02 Cr | -₹31.65 Cr | -₹32.43 Cr |
| Exceptional Items | ₹0 | -₹4 Cr | ₹0 | ₹0 | ₹0 | -₹473.15 Cr | ₹11.3 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹6.36 Cr | -₹10.61 Cr | ₹1.99 Cr | ₹49.21 Cr | -₹1.94 Cr | -₹658.73 Cr | -₹32.02 Cr | -₹43.52 Cr | -₹53.15 Cr | -₹39.02 Cr | -₹31.65 Cr | -₹32.43 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹32.89 Lakh |
| Net Profit | -₹6.36 Cr | -₹10.61 Cr | ₹1.99 Cr | ₹49.21 Cr | -₹1.94 Cr | -₹658.73 Cr | -₹32.02 Cr | -₹43.52 Cr | -₹53.15 Cr | -₹39.02 Cr | -₹31.65 Cr | -₹32.76 Cr |
| Other Comprehensive Income | ₹23.36 Lakh | ₹25.58 Lakh | -₹55.56 Lakh | ₹17.27 Lakh | -₹10.91 Lakh | ₹4.12 Lakh | ₹1.06 Lakh | -₹4.24 Lakh | ₹26.47 Lakh | ₹90,000 | -₹6.2 Lakh | -₹12.64 Lakh |
| Total Comprehensive Income | -₹6.12 Cr | -₹10.36 Cr | ₹1.43 Cr | ₹49.38 Cr | -₹2.05 Cr | -₹658.69 Cr | -₹32.01 Cr | -₹43.56 Cr | -₹52.89 Cr | -₹39.02 Cr | -₹31.71 Cr | -₹32.89 Cr |
| EBITDA (computed) | -₹3.15 Cr | -₹4.04 Cr | -₹11.14 Cr | ₹52.88 Cr | ₹3.36 Cr | -₹5.14 Cr | -₹9.16 Cr | -₹9.91 Cr | -₹20.87 Cr | -₹7.46 Cr | -₹34.15 Lakh | -₹3.24 Cr |
| Basic EPS | ₹-0.28 | ₹-0.46 | ₹0.09 | ₹2.15 | ₹-0.11 | ₹-91.67 | ₹-4.46 | ₹-6.06 | ₹-7.40 | ₹-5.43 | ₹-4.40 | ₹-4.56 |
| Diluted EPS | ₹-0.28 | ₹-0.46 | ₹0.08 | ₹1.95 | ₹-0.11 | ₹-91.67 | ₹-4.46 | ₹-6.06 | ₹-7.40 | ₹-5.43 | ₹-4.40 | ₹-4.56 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Tiles and other related products | ₹151.75 Cr | -₹4.14 Cr | ₹389.68 Cr | ₹169.54 Cr |
| Real estate | ₹9,000 | -₹2.12 Cr | ₹526.58 Cr | ₹146.39 Cr |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Tiles and other related products | ₹481.29 Cr | -₹13.91 Cr | - | - |
| Real estate | ₹58.42 Cr | ₹48.45 Cr | - | - |
Shareholding Pattern of Nitco Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 20.17%, foreign institutional investors hold 2.30%, domestic institutional investors hold 1.54%, retail and other public shareholders hold 75.98% of Nitco Limited. The company had 25,484 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Jan 2025 | |
|---|---|---|---|---|---|---|
| Promoters | 20.17% | 16.20% | 16.21% | 16.23% | 16.23% | 16.23% |
| Public | 79.83% | 83.80% | 83.79% | 83.77% | 83.77% | 83.77% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 20.17% | 16.23% | 47.93% | 53.02% | 53.02% | 53.02% | 53.00% | 53.00% | 52.94% | 69.54% | 69.57% |
| Public | 79.83% | 83.77% | 52.07% | 46.98% | 46.98% | 46.98% | 47.00% | 47.00% | 47.06% | 30.46% | 30.43% |
| Promoter change (YoY, %pts) | +3.94 | -31.70 | -5.09 | +0.00 | +0.00 | +0.02 | +0.00 | +0.06 | -16.60 | -0.03 | - |
Board & Governance of Nitco Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Nitco Limited has 6 directors - 4 independent and 1 executive. The board is chaired by Vivek Prannath Talwar.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Vivek Prannath Talwar | Executive Director · MD · Chairperson | 1980-04-01 | 2 |
| Poonam Talwar | Non-Executive - Non Independent Director | 2022-10-19 | 1 |
| Ajaybir Singh Jasbir Singh Bakshi | Non-Executive - Independent Director | 2022-10-19 | 1 |
| Priyanka Agarwal | Non-Executive - Independent Director | 2022-11-11 | 4 |
| Harsh Kedia | Non-Executive - Independent Director | 2022-11-11 | 2 |
| Santhosh Kumar Shet | Non-Executive - Independent Director | 2022-11-11 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Harsh Kedia (Chairperson), Vivek Prannath Talwar, Ajaybir Singh Jasbir Singh Bakshi, Priyanka Agarwal |
| Nomination and remuneration committee | Ajaybir Singh Jasbir Singh Bakshi (Chairperson), Poonam Talwar, Santhosh Kumar Shet |
| Stakeholders Relationship Committee | Santhosh Kumar Shet (Chairperson), Vivek Prannath Talwar, Poonam Talwar |
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 Count & EPFO Data of Nitco Limited
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GST Compliance of Nitco Limited
GSTIN & GST Filing Data of Nitco Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nitco Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Nitco Limited
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MSME Payment Delays by Nitco Limited
MSME Payment Delays by Nitco Limited
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Subsidiaries & Group Companies of Nitco Limited
Subsidiaries & Group Companies of Nitco Limited
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MCA Filings & Documents of Nitco Limited
MCA Filings & Documents of 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 ₹327.74 Cr for FY 2025 (down 1.00% YoY).
The current directors of Nitco Limited are:
- Priyanka Agarwal
- Santhosh Kumar Shet
- Harsh Kedia
- Ajaybir Singh Jasbir Singh Bakshi
- Sitanshu Satapathy
- Geeta Gopaldas Karira
- Vivek Talwar Prannath
- Poonam Talwar
- Geeta Sameer Shah
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.