Nidhi Granites logo

Nidhi Granites share price

BSE: 512103Other Construction MaterialsSmall Cap

Last close ₹235.55up ₹0.90 (0.38%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹234.65.

52-week range of traded prices to 23 Oct 2026
₹181.45Low, 2 Apr 2026₹480.75High, 27 Oct 2025
Market cap
₹188 Cr2,208th largest listed
P/E
22.6
P/B
8.4
Dividend yield
Nonein the last 12 months
ROE
44.5%
ROCE
47.5%
Debt to equity
0.07
Volume, BSE
792

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−47.4%over a year · Nifty 500 −9.8%

20-session average 7,159 shares a day

Results

Standalone, as consolidated accounts are on record for only 4 of the last ten years; ₹ crore, the charts by years to March, the table by quarter. The year to Mar 2019 is not shown: its results were filed at the wrong scale, a power of ten off the company's own year-to-date figures.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 13 Aug

Revenue
₹0.14 Crup 94.57%
Net profit
₹0.27 CrQuarter to Mar 2026: −₹0.33 Cr
Net margin
194.1%

Revenue by year

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in the year to Mar 2026, −₹1.27 CrA loss in 4 of the 9 years with results on record

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹0.07 Cr, differs from its quarters added, ₹7.32 Cr.

₹ croreSep 2024Filed 14 NovDec 2024Filed 11 FebMar 2025Filed 16 JunJun 2025Filed 13 AugSep 2025Filed 26 NovDec 2025Filed 13 FebMar 2026Filed 29 MayJun 2026Filed 13 Aug
Revenue0.000.000.170.100.000.000.070.14
Net profit0.870.14−0.25−0.28−0.33−0.32−0.330.27
Net margin––−144.4%−276.6%––−463.5%194.1%
Standalone. The last eight quarters. The latest is shaded.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Paper and Paperboard₹47.8 Crup 30.74%73.3%
  • Financial Technology and related services₹17.2 Cr26.4%
  • Construction material₹0.2 Cr0.3%
  • Garments₹0.0 Crdown 99.99%0.0%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history

Price to earnings

At or below today's level on 1% of 674 trading days over the last 3 years.

LowestHighest
Its median76.8Industry median16.1
Price to book

At or below today's level on 43% of 867 trading days over the last 5 years.

LowestHighest
Its median9.1Industry median1.5
EV to EBITDA13.8

At or below today's level on 2% of 653 trading days over the last 3 years.

LowestHighest
Its median56.5Industry median9.0

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+59.4%––0.0%
3 years+87.9%––0.0%
5 years+65.6%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters66.75%
  • Individuals and others33.25%
Holder
DEVAN NARENDRA PANDYAPromoter66.75%
NAYANA BALUBHAI BHATTResident individuals, over ₹2 lakh at face value13.53%
KALA PURVISH DIWANJIResident individuals, over ₹2 lakh at face value8.78%
NIDHI GRANITES LTD - SUSPENSE ESCROW DEMAT ACCOUNTOther non-institutions1.27%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Other Construction Materials, 26 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Nidhi Granites in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Marble City India logoMarble City IndiaMARBLE41557.95.119.5––8.8%11.5%0.00%
Teamtech Formwork Solutions logoTeamtech Formwork SolutionsTEAMTECH396–––––––0.00%
Sahyadri Industries logoSahyadri IndustriesSAHYADRI3588.00.94.6+19.9%+152.3%11.4%13.2%1.22%
Om Galaxy logoOm GalaxyOMG301–––––––0.00%
Glittek Granites logoGlittek GranitesGLITTEKG180–16.5–−100.0%−103.1%−2.8%−11.7%0.00%
Divyashakti logoDivyashaktiDIVSHKT67213.40.3–−58.9%−90.3%0.2%−1.8%1.53%
Cella Space logoCella SpaceCELLA595.51.75.8+847.5%−79.8%32.2%24.2%0.00%
Ravileela Granites logoRavileela GranitesRALEGRA576.32.68.7+39.6%+594.1%52.9%13.8%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Latest announcements

Routine notices left out.Share news and announcements

Nidhi Granites share price by year

Each calendar year to 2025.Nidhi Granites share price history

YearClose at year endChangeHighest closeLowest close
2025391.45+73.9%466.3586.25
2024225.10+259.5%241.8062.50
202362.61+124.4%62.6126.53
202227.90−21.1%60.0026.58
202135.35+161.4%59.0014.20
202013.53+25.8%13.5311.13
201910.75−29.3%15.9510.20
201815.20+44.1%15.207.83
201710.55−29.2%14.188.25
201614.90−25.9%24.0013.10
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. The 2018 close is its last trade, on 16 Nov 2018.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 2026215.00243.00212.35235.55229.25792
22 Oct 2026228.00237.00222.20234.65228.73253
21 Oct 2026228.90238.00227.95228.05–81
19 Oct 2026234.00241.95220.20228.90230.63281
16 Oct 2026227.00240.00227.00233.15230.88727
15 Oct 2026264.50264.50225.10227.15249.41836
14 Oct 2026254.00254.00245.00245.95245.84665
13 Oct 2026217.25254.00217.25242.70222.8513,858
12 Oct 2026256.95256.95240.35241.35–8
9 Oct 2026237.00247.65235.95236.60238.04581
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
2 May 2024Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Nidhi Granites Limited
BSE code
512103
ISIN
INE276H01013
Industry
Other Construction Materials
Listed
Jun 1985
Face value
₹10
CIN
L51900MH1981PLC025677
Corporate identity number, the registrar of companies' code for it