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NIDHI GRANITES LTD.

Construction Materials › Other Construction Materials
₹242.00
at close · 28 Oct 2026
▲ 13.40 (+5.86%)

Latest filings

  1. Nidhi Granites receives 1.6 million shares in Jowela Exim · Corporate Actions
  2. Nidhi Granites acquires 50.5% stake in Jowela Exim, makes it subsidiary · Business Updates
  3. Routine SEBI compliance certificate for Q2 FY26 quarter ended 30 Sep 2026 · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates primarily through subsidiaries rather than the namesake granite business, with the parent company's standalone revenue at just Rs 17.59 lakhs in FY26. The largest reported segment is unnamed in the filings and accounted for Rs 47.80 crore (100% of segment revenue), with other identified segments being Paper and Paperboard at Rs 11.91 crore in FY26 via the SPNP Paper and Pack subsidiary and Financial Technology and related services at Rs 4.68 crore via Paynov8, formerly Auro Fintech. Construction Materials and Garments segments are negligible. The group acquired Paynov8 Private Limited for Rs 60.57 lakhs during FY26 and sold its step-down subsidiary Fine Papyrus, a paper and packaging business, for Rs 3.24 crore. The largest cost line is materials at 24.4% of revenue, followed by other operating expenses at 18.5%.

Operating scale
Unnamed segment revenue
Rs 47.80 croreFY26
Paper and Paperboard segment revenue
Rs 11.91 croreFY26
Financial Technology segment revenue
Rs 4.68 croreFY26
Construction material segment revenue
Rs 0.07 croreFY26
Who pays it
End-users of paper, packaging, garments, and fintech services reached via subsidiaries; specific customer types not detailed in the facts.
Biggest cost
Materials at 24.4% of revenue (FY26)
Kind of business
Small-cap holding company running diversified operating subsidiaries; standalone operations minimal
Where it sits
BSE-listed entity with paid-up capital and net worth below thresholds for several SEBI corporate governance norms; not classified as a Large Corporate as of 31 March 2026
Market Cap
₹194 Cr
P / E (TTM)
16.8×
EV / EBITDA
13.8×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
12.5%▲
ROCE (5y median)
ROE 6.4% (5y median) · margin 19.4%
Leverage
0.07·
Debt / Equity · low
Net cash ₹2.29 Cr
Revenue FY22→FY26
4.1×▲
Margin +9.9 pts
₹16 Cr → ₹65 Cr
Cash conversion
0.38×▼
Operating cash ÷ profit · 5 yrs
₹4 Cr on ₹11 Cr
Moves on a normal day
2.11%·
Median daily move
Last 256 sessions · the yardstick for filing-day moves
Where it sits among 21 Other Construction Materials peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/17
P/B#18/20
ROCE#1/22
ROE#2/20
Debt / Equity#9/20
EBITDA margin#2/16
Revenue growth#13/18
Profit growth#14/19

Scorecard

Measured from the filed financials, judged against its Other Construction Materials peers · as of FY26 — not investment advice

Strengths
Nothing stands out in the filed numbers.
Concerns
Over 5 years it reported ₹11 Cr of profit and ₹4.16 Cr of operating cash — 0.38×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from NIDHI GRANITES LTD.'s filed financials and exchange disclosures

What does NIDHI GRANITES LTD. do?

NIDHI GRANITES LTD. is a Other Construction Materials company listed on BSE.

Is NIDHI GRANITES LTD. profitable?

Yes. Over the trailing twelve months NIDHI GRANITES LTD. reported a net profit of ₹8.33 Cr on revenue of ₹61 Cr.

Does NIDHI GRANITES LTD. pay a dividend?

Not in the latest reported year — NIDHI GRANITES LTD.'s dividend payout for FY26 was nil.

Is NIDHI GRANITES LTD. debt-free?

On a net basis, yes. It reported borrowings of ₹1.59 Cr on its 31 Mar 2026 balance sheet, but holds ₹2.29 Cr more cash than debt.

Is NIDHI GRANITES LTD. expensive compared with its peers?

On trailing P/E, NIDHI GRANITES LTD. ranks 7 of 17 in Other Construction Materials — cheaper than 63% of them, against an industry median of 27.1×. This is a position, not a valuation judgement.

How much does the NIDHI GRANITES LTD. share price move in a day?

On a typical session NIDHI GRANITES LTD. moves 2.11% — that is the median absolute close-to-close move across its last 256 trading days. MarketPing measures each filing's price reaction against it.

Where can I track NIDHI GRANITES LTD.'s announcements?

Every NSE and BSE filing by NIDHI GRANITES LTD. appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.