Why is Nidhi Granites Ltd ?
1
Company has a low Debt to Equity ratio (avg) at 0.05 times
2
Healthy long term growth as Net Sales has grown by an annual rate of 79.78% and Operating profit at 64.99%
3
With a growth in Net Profit of 71.32%, the company declared Very Positive results in Dec 25
- The company has declared positive results for the last 3 consecutive quarters
- PBT LESS OI(Q) At Rs 2.87 cr has Grown at 149.6% (vs previous 4Q average)
- PAT(Latest six months) Higher at Rs 3.50 cr
- ROCE(HY) Highest at 26.43%
4
Technical trend is Sideways signifying no clear price momentum
- The technical trend has deteriorated from Mildly Bullish on 20-May-26 and has generated 1.81% returns since then
5
Consistent Returns over the last 3 years
- Along with generating 107.52% returns in the last 1 year, the stock has outperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Miscellaneous)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Nidhi Granites for you?
High Risk, High Return
Absolute
Risk Adjusted
Volatility
Nidhi Granites
27.25%
2.32
46.32%
Sensex
-3.04%
-0.49
12.94%
Quality key factors
Factor
Value
Sales Growth (5y)
131.30%
EBIT Growth (5y)
63.24%
EBIT to Interest (avg)
2.12
Debt to EBITDA (avg)
2.44
Net Debt to Equity (avg)
-0.05
Sales to Capital Employed (avg)
2.62
Tax Ratio
26.39%
Dividend Payout Ratio
0
Pledged Shares
40.26%
Institutional Holding
0
ROCE (avg)
15.69%
ROE (avg)
13.47%
Valuation Key Factors 
Factor
Value
P/E Ratio
32
Industry P/E
10
Price to Book Value
10.83
EV to EBIT
23.22
EV to EBITDA
20.19
EV to Capital Employed
11.33
EV to Sales
3.73
PEG Ratio
0.11
Dividend Yield
NA
ROCE (Latest)
48.81%
ROE (Latest)
34.07%
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Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
Technical Movement
14What is working for the Company
NET SALES(Latest six months)
At Rs 32.21 cr has Grown at 34.83%
PAT(Latest six months)
Higher at Rs 4.15 cr
ROCE(HY)
Highest at 43.70%
PBDIT(Q)
Highest at Rs 3.47 cr.
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Loading Valuation Snapshot...
Here's what is working for Nidhi Granites
Net Sales - Latest six months
At Rs 32.21 cr has Grown at 34.83%
Year on Year (YoY)MOJO Watch
Near term sales trend is positive
Net Sales (Rs Cr)
Profit After Tax (PAT) - Latest six months
Higher at Rs 4.15 cr
than preceding 12 month period ended Mar 2026 of Rs 3.59 crMOJO Watch
In the half year the company has already crossed PAT of the previous twelve months
PAT (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Highest at Rs 3.47 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is positive
Operating Profit (Rs Cr)