Nidhi Granites (512103) 주식 개요니디 그래니츠 리미티드는 주로 인도에서 증권 거래를 하고 있습니다. 자세히 보기512103 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적6/6재무 건전성5/6배당0/6강점지난 1년간 수익이 68.2% 증가했습니다.위험 분석의미 있는 시가총액이 없습니다(₹3B)모든 위험 점검 보기512103 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹339.0068.1% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1m4b2016201920222025202620282031Revenue ₹3.5bEarnings ₹292.8mAdvancedSet Fair ValueView all narrativesNidhi Granites Limited 경쟁사Shree Ajit Pulp and PaperSymbol: BSE:538795Market cap: ₹2.6bGenus Paper & BoardsSymbol: NSEI:GENUSPAPERMarket cap: ₹3.3bSouth India Paper MillsSymbol: BSE:516108Market cap: ₹1.8bShree Krishna Paper Mills & IndustriesSymbol: BSE:500388Market cap: ₹1.9b가격 이력 및 성과Nidhi Granites 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가₹339.0052주 최고가₹480.7552주 최저가₹151.05베타-0.221개월 변동9.41%3개월 변동6.60%1년 변동113.88%3년 변동771.35%5년 변동1,897.05%IPO 이후 변동2,005.59%최근 뉴스 및 업데이트공시 • May 20Nidhi Granites Limited to Report Q4, 2026 Results on May 29, 2026Nidhi Granites Limited announced that they will report Q4, 2026 results on May 29, 2026New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹2.36b market cap, or US$25.3m).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹224, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 570% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹240, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 26x in the Forestry industry in India. Total returns to shareholders of 615% over the past three years.Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: ₹2.75 (vs ₹1.17 in 3Q 2025)Third quarter 2026 results: EPS: ₹2.75 (up from ₹1.17 in 3Q 2025). Revenue: ₹156.2m (up 12% from 3Q 2025). Net income: ₹22.1m (up 134% from 3Q 2025). Profit margin: 14% (up from 6.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 06Nidhi Granites Limited to Report Q3, 2026 Results on Feb 13, 2026Nidhi Granites Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026더 많은 업데이트 보기Recent updates공시 • May 20Nidhi Granites Limited to Report Q4, 2026 Results on May 29, 2026Nidhi Granites Limited announced that they will report Q4, 2026 results on May 29, 2026New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹2.36b market cap, or US$25.3m).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹224, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 570% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹240, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 26x in the Forestry industry in India. Total returns to shareholders of 615% over the past three years.Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: ₹2.75 (vs ₹1.17 in 3Q 2025)Third quarter 2026 results: EPS: ₹2.75 (up from ₹1.17 in 3Q 2025). Revenue: ₹156.2m (up 12% from 3Q 2025). Net income: ₹22.1m (up 134% from 3Q 2025). Profit margin: 14% (up from 6.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 06Nidhi Granites Limited to Report Q3, 2026 Results on Feb 13, 2026Nidhi Granites Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.37 in 2Q 2025)Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.37 in 2Q 2025). Revenue: ₹132.5m (flat on 2Q 2025). Net income: ₹12.9m (up 17% from 2Q 2025). Profit margin: 9.7% (up from 8.3% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth.공시 • Nov 05Nidhi Granites Limited to Report Q2, 2026 Results on Nov 14, 2025Nidhi Granites Limited announced that they will report Q2, 2026 results on Nov 14, 2025Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹2.80 (vs ₹0.94 in 1Q 2025)First quarter 2026 results: EPS: ₹2.80 (up from ₹0.94 in 1Q 2025). Revenue: ₹198.8m (up 103% from 1Q 2025). Net income: ₹22.4m (up 198% from 1Q 2025). Profit margin: 11% (up from 7.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 02Nidhi Granites Limited to Report Q1, 2026 Results on Aug 13, 2025Nidhi Granites Limited announced that they will report Q1, 2026 results on Aug 13, 2025공시 • Jun 26Nidhi Granites Limited, Annual General Meeting, Jul 22, 2025Nidhi Granites Limited, Annual General Meeting, Jul 22, 2025, at 11:00 Indian Standard Time.Reported Earnings • May 30Full year 2025 earnings released: EPS: ₹2.39 (vs ₹0.98 in FY 2024)Full year 2025 results: EPS: ₹2.39 (up from ₹0.98 in FY 2024). Revenue: ₹473.3m (up 21% from FY 2024). Net income: ₹19.2m (up 180% from FY 2024). Profit margin: 4.1% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings.공시 • May 16Nidhi Granites Limited to Report Q4, 2025 Results on May 29, 2025Nidhi Granites Limited announced that they will report Q4, 2025 results at 9:15 AM, Indian Standard Time on May 29, 2025공시 • Apr 03Nidhi Granites Limited (BSE:512103) completed the acquisition of Auro Fintech Private Limited.Nidhi Granites Limited (BSE:512103) agreed to acquire Auro Fintech Private Limited for INR 6.1 million on April 1, 2025. For the period ending December 31, 2024, Auro Fintech Private Limited reported total revenue of INR 63.62 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The transaction is expected to complete within 30 days. Nidhi Granites Limited (BSE:512103) completed the acquisition of Auro Fintech Private Limited on April 2, 2025.Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₹90.70, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 20x in the Capital Markets industry in India. Total returns to shareholders of 81% over the past three years.New Risk • Feb 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹838.8m (US$9.68m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹838.8m market cap, or US$9.68m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: ₹1.17 (vs ₹0.56 in 3Q 2024)Third quarter 2025 results: EPS: ₹1.17 (up from ₹0.56 in 3Q 2024). Revenue: ₹139.3m (up 29% from 3Q 2024). Net income: ₹9.42m (up 110% from 3Q 2024). Profit margin: 6.8% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹119, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 264% over the past three years.공시 • Jan 31Nidhi Granites Limited to Report Q3, 2025 Results on Feb 11, 2025Nidhi Granites Limited announced that they will report Q3, 2025 results on Feb 11, 2025Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹185, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 493% over the past three years.New Risk • Nov 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.84b market cap, or US$21.7m).Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹199, the stock trades at a trailing P/E ratio of 66.4x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 431% over the past three years.Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹1.37 (vs ₹0.085 in 2Q 2024)Second quarter 2025 results: EPS: ₹1.37 (up from ₹0.085 in 2Q 2024). Revenue: ₹132.4m (up 50% from 2Q 2024). Net income: ₹11.0m (up ₹10.4m from 2Q 2024). Profit margin: 8.3% (up from 0.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 28Nidhi Granites Limited to Report Q2, 2025 Results on Nov 14, 2024Nidhi Granites Limited announced that they will report Q2, 2025 results on Nov 14, 2024Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: ₹0.94 (vs ₹0.16 in 1Q 2024)First quarter 2025 results: EPS: ₹0.94 (up from ₹0.16 in 1Q 2024). Revenue: ₹97.9m (up 25% from 1Q 2024). Net income: ₹7.53m (up ₹6.69m from 1Q 2024). Profit margin: 7.7% (up from 1.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.공시 • Aug 05Nidhi Granites Limited to Report Q1, 2025 Results on Aug 12, 2024Nidhi Granites Limited announced that they will report Q1, 2025 results on Aug 12, 2024Reported Earnings • Jul 01Full year 2024 earnings released: EPS: ₹1.95 (vs ₹2.07 in FY 2023)Full year 2024 results: EPS: ₹1.95. Revenue: ₹390.8m (up 52% from FY 2023). Net income: ₹6.85m (up 57% from FY 2023). Profit margin: 1.8% (in line with FY 2023).공시 • Jun 28Nidhi Granites Limited, Annual General Meeting, Jul 23, 2024Nidhi Granites Limited, Annual General Meeting, Jul 23, 2024, at 11:30 Indian Standard Time.Reported Earnings • May 29Full year 2024 earnings released: EPS: ₹1.95 (vs ₹2.07 in FY 2023)Full year 2024 results: EPS: ₹1.95. Revenue: ₹390.9m (up 52% from FY 2023). Net income: ₹6.85m (up 57% from FY 2023). Profit margin: 1.8% (in line with FY 2023).공시 • May 18Nidhi Granites Limited to Report Q4, 2024 Results on May 28, 2024Nidhi Granites Limited announced that they will report Q4, 2024 results on May 28, 2024Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: ₹1.12 (vs ₹0.68 in 3Q 2023)Third quarter 2024 results: EPS: ₹1.12 (up from ₹0.68 in 3Q 2023). Revenue: ₹107.7m (up 55% from 3Q 2023). Net income: ₹4.49m (up 271% from 3Q 2023). Profit margin: 4.2% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 14Second quarter 2024 earnings released: EPS: ₹0.17 (vs ₹2.72 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.17 (down from ₹2.72 in 2Q 2023). Revenue: ₹88.1m (up 41% from 2Q 2023). Net income: ₹567.0k (down 72% from 2Q 2023). Profit margin: 0.6% (down from 3.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 62% per year.공시 • Nov 08Nidhi Granites Limited to Report Q2, 2024 Results on Nov 13, 2023Nidhi Granites Limited announced that they will report Q2, 2024 results on Nov 13, 2023New Risk • Aug 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (655% accrual ratio). Shareholders have been substantially diluted in the past year (433% increase in shares outstanding). Market cap is less than US$10m (₹274.4m market cap, or US$3.30m). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Revenue is less than US$5m (₹274m revenue, or US$3.3m).Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: ₹0.32 (vs ₹1.86 in 1Q 2023)First quarter 2024 results: EPS: ₹0.32 (down from ₹1.86 in 1Q 2023). Revenue: ₹78.6m (up 27% from 1Q 2023). Net income: ₹839.0k (down 40% from 1Q 2023). Profit margin: 1.1% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses.공시 • Aug 04Nidhi Granites Limited to Report Q1, 2024 Results on Aug 14, 2023Nidhi Granites Limited announced that they will report Q1, 2024 results on Aug 14, 2023Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹78.15, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 251% over the past three years.공시 • Jun 29+ 1 more updateNidhi Granites Limited to Report Fiscal Year 2022 Results on Jul 22, 2023Nidhi Granites Limited announced that they will report fiscal year 2022 results on Jul 22, 2023Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹90.25, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 30% over the past year.공시 • May 17Nidhi Granites Limited to Report Q4, 2023 Results on May 29, 2023Nidhi Granites Limited announced that they will report Q4, 2023 results on May 29, 2023공시 • May 12Nidhi Granites Limited (BSE:512103) acquired Yug Fashion Garments Private Limited for INR 0.12 million.Nidhi Granites Limited (BSE:512103) acquired Yug Fashion Garments Private Limited for INR 0.12 million on May 10, 2023. The consideration was paid in cash. Yug Fashion Garments Private has become wholly owned subsidiary of Nidhi Granites. Yug Fashion Garments has revenue of INR 19 million as March 31, 2023. Nidhi Granites Limited (BSE:512103) completed the acquisition of Yug Fashion Garments Private Limited on May 10, 2023.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₹91.37, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 32% over the past year.Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹81.42, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 6.2% over the past year.Board Change • Apr 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Mar 22Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Feb 24Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Feb 05Nidhi Granites Limited to Report Q3, 2023 Results on Feb 13, 2023Nidhi Granites Limited announced that they will report Q3, 2023 results on Feb 13, 2023Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹67.60, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 204% over the past three years.Board Change • Jan 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Nov 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Nov 03Nidhi Granites Limited to Report Q2, 2023 Results on Nov 11, 2022Nidhi Granites Limited announced that they will report Q2, 2023 results on Nov 11, 2022Board Change • Oct 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Aug 30Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Aug 24Nidhi Granites Limited, Annual General Meeting, Sep 24, 2022Nidhi Granites Limited, Annual General Meeting, Sep 24, 2022, at 11:00 Indian Standard Time.공시 • Aug 03Nidhi Granites Limited to Report Q1, 2023 Results on Aug 11, 2022Nidhi Granites Limited announced that they will report Q1, 2023 results on Aug 11, 2022Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹65.50, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 18x in the Capital Markets industry in India. Total returns to shareholders of 221% over the past three years.Board Change • Jul 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Board Change • Jun 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.Reported Earnings • May 30Full year 2022 earnings released: EPS: ₹4.06 (vs ₹0.95 in FY 2021)Full year 2022 results: EPS: ₹4.06 (up from ₹0.95 in FY 2021). Revenue: ₹159.1m (up ₹157.6m from FY 2021). Net income: ₹3.05m (up 327% from FY 2021). Profit margin: 1.9% (down from 46% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.공시 • May 14Nidhi Granites Limited to Report Q4, 2022 Results on May 25, 2022Nidhi Granites Limited announced that they will report Q4, 2022 results on May 25, 2022Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.공시 • Feb 25Nidhi Granites Limited announced that it has received INR 23.5625 million in fundingOn February 24, 2022, Nidhi Granites Limited closed the transaction. The company issued 3,250,000 Convertible Warrants at a price of INR 29 per warrant for gross proceeds of INR 94,250,000 in the transaction, of which 25% of the amount which is equal to INR 23,562,500 was received by the company at the closing of the transaction and the rest will be received during the exercise of warrants. The warrants are exercisable at INR 21.75 per warrant. The transaction included participation from promoters of the company Devan Pandya for 1,089,000 warrants, Darpan Shah for 1,080,000 warrants, non-promoters Kala Purvish Diwanji for 540,000 warrants and Nayana Balubhai Bhatt for 541,000 warrants. The transaction has been approved in the board meeting of the company.Reported Earnings • Feb 17Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹6.41 (up from ₹0.14 loss in 3Q 2021). Revenue: ₹56.8m (up ₹56.5m from 3Q 2021). Net income: ₹4.81m (up ₹4.92m from 3Q 2021). Profit margin: 8.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates.공시 • Feb 04Nidhi Granites Limited to Report Q3, 2022 Results on Feb 11, 2022Nidhi Granites Limited announced that they will report Q3, 2022 results on Feb 11, 2022Executive Departure • Aug 14Company Secretary & Compliance Officer Nehashree Rathi has left the companyOn the 9th of August, Nehashree Rathi's tenure as Company Secretary & Compliance Officer ended after 1.5 years in the role. We don't have any record of a personal shareholding under Nehashree's name. A total of 9 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹39.65, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 15x in the Capital Markets industry in India.Executive Departure • Jun 26Additional Non-executive & Independent Director Rajesh Chheda has left the companyOn the 15th of June, Rajesh Chheda's tenure as Additional Non-executive & Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rajesh's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Executive Departure • Jun 26Additional Non-executive & Independent Director Vineetkumar Mishra has left the companyOn the 15th of June, Vineetkumar Mishra's tenure as Additional Non-executive & Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Vineetkumar's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.Is New 90 Day High Low • Mar 09New 90-day high: ₹32.45The company is up 32% from its price of ₹24.55 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period.공시 • Feb 20+ 1 more updateNidhi Granites Limited Announces Change in Chief Financial OfficerNidhi Granites Limited announced the resignation of Mr. Niranjan Mehta-Chief Financial Officer of the Company with close of business hours on 19 February 2021. The company also announced the appointment of Mrs. Kavita Shah as Chief Financial Officer of the Company, with effect from 19 February 2021. She is an Chartered Accountant from Batch Nov. 1999 with an all India Rank. She has over 18 years of experience in Financial and Real Estate industry. She has worked with Institutions like Ford Credit Kotak Mahindra Ltd, HDFC AMC - as Deputy CFO handling finance and was a part of the core team. As a member of Board of a real estate company wherein she is overseeing functions of various departments like Accounts & Finance and Legal. Mr. Darpan Deepak Shah has no relation with any of the directors on board except Mrs. Kavita Shah-Chief Financial Officer is wife of Mr. Darpan Deepak Shah- Managing Director.Executive Departure • Feb 20Chief Financial Officer has left the companyOn the 19th of February, Niranjan Mehta's tenure as Chief Financial Officer ended after 3.3 years in the role. We don't have any record of a personal shareholding under Niranjan's name. A total of 6 executives have left over the last 12 months.Executive Departure • Feb 20Non Executive Director has left the companyOn the 19th of February, Pushpa Thard's tenure as Non Executive Director ended after 26.6 years in the role. As of December 2020, Pushpa personally held 159.50k shares (₹4.3m worth at the time). A total of 6 executives have left over the last 12 months.Is New 90 Day High Low • Jan 20New 90-day high: ₹29.90The company is up 34% from its price of ₹22.30 on 15 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 24% over the same period.Reported Earnings • Jan 12Third quarter 2021 earnings released: ₹0.14 loss per shareThird quarter 2021 results: Net loss: ₹107.3k (loss narrowed 40% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.공시 • Dec 26Nidhi Granites Limited to Report Q3, 2021 Results on Jan 11, 2021Nidhi Granites Limited announced that they will report Q3, 2021 results on Jan 11, 2021공시 • Nov 20Darpan Shah and Devan Pandya entered into a share purchase agreement to acquire a 62.09% stake in Nidhi Granites Limited (BSE:512103) from Nupur International Pvt Ltd., Anil Ratanlal Saraf, Nidhi Abhinav Aggarwal, Pushpa Rajkumar Thard and Rajkumar Manmal Thard for INR 26.Darpan Shah and Devan Pandya entered into a share purchase agreement to acquire a 62.09% stake in Nidhi Granites Limited (BSE:512103) from Nupur International Pvt Ltd., Anil Ratanlal Saraf, Nidhi Abhinav Aggarwal, Pushpa Rajkumar Thard and Rajkumar Manmal Thard for INR 26 on November 19, 2020. Under the terms of the transaction, Darpan Shah and Devan Pandya will acquire 0.47 million shares in Nidhi and will pay the consideration in cash. Prior to the transaction, Darpan Shah did not hold any stakes in Nidhi but Devan Pandya holds 0.04% stake. Upon completion, Darpan Shah will hold 30.02% stake while Devan Pandya will hold 32.11% stake. Darpan Shah entered into an open offer to acquire 26% stake in Nidhi Granites from its shareholders.공시 • Sep 12Nidhi Granites Limited to Report Q1, 2020 Results on Aug 12, 2020Nidhi Granites Limited announced that they will report Q1, 2020 results on Aug 12, 2020공시 • Jul 31Nidhi Granites Limited Announces Executive ChangesNidhi Granites Limited at the board meeting held on July 31, 2020 appointed Ms. Nidhi Abhinav Aggarwal as the managing director of the company for a period of five years with effect from July 31, 2020. Mr. Rajkumar Thard has expressed his unwillingness to continue as Managing Director on completing his tenure on July 30, 2020.공시 • Jul 20Nidhi Granites Limited to Report Q4, 2020 Results on Jul 30, 2020Nidhi Granites Limited announced that they will report Q4, 2020 results on Jul 30, 2020주주 수익률512103IN ForestryIN 시장7D1.2%2.8%2.2%1Y113.9%-9.7%0.06%전체 주주 수익률 보기수익률 대 산업: 512103은 지난 1년 동안 -9.7%의 수익을 기록한 Indian Forestry 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 512103은 지난 1년 동안 0.1%를 기록한 Indian 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is 512103's price volatile compared to industry and market?512103 volatility512103 Average Weekly Movement8.4%Forestry Industry Average Movement6.7%Market Average Movement7.2%10% most volatile stocks in IN Market10.3%10% least volatile stocks in IN Market4.8%안정적인 주가: 512103는 지난 3개월 동안 Indian 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 512103의 주간 변동성(8%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1981n/aDarpan Shahwww.nidhigranites.com니디 그래니트 리미티드는 주로 인도에서 증권 거래에 종사하고 있습니다. 또한 종이 및 판지, 의류 및 건축 자재도 제공합니다. 이 회사는 1981년에 설립되었으며 인도 뭄바이에 본사를 두고 있습니다.더 보기Nidhi Granites Limited 기초 지표 요약Nidhi Granites의 순이익과 매출은 시가총액과 어떻게 비교됩니까?512103 기초 통계시가총액₹2.71b순이익 (TTM)₹48.62m매출 (TTM)₹589.16m55.8x주가수익비율(P/E)4.6x주가매출비율(P/S)512103는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표512103 손익계산서 (TTM)매출₹589.16m매출원가₹438.20m총이익₹150.97m기타 비용₹102.35m순이익₹48.62m최근 보고된 실적Dec 31, 2025다음 실적 발표일May 29, 2026주당순이익(EPS)6.08총이익률25.62%순이익률8.25%부채/자본 비율10.8%512103의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 01:29종가2026/05/26 00:00수익2025/12/31연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Nidhi Granites Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • May 20Nidhi Granites Limited to Report Q4, 2026 Results on May 29, 2026Nidhi Granites Limited announced that they will report Q4, 2026 results on May 29, 2026
New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹2.36b market cap, or US$25.3m).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹224, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 570% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹240, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 26x in the Forestry industry in India. Total returns to shareholders of 615% over the past three years.
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: ₹2.75 (vs ₹1.17 in 3Q 2025)Third quarter 2026 results: EPS: ₹2.75 (up from ₹1.17 in 3Q 2025). Revenue: ₹156.2m (up 12% from 3Q 2025). Net income: ₹22.1m (up 134% from 3Q 2025). Profit margin: 14% (up from 6.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 06Nidhi Granites Limited to Report Q3, 2026 Results on Feb 13, 2026Nidhi Granites Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026
공시 • May 20Nidhi Granites Limited to Report Q4, 2026 Results on May 29, 2026Nidhi Granites Limited announced that they will report Q4, 2026 results on May 29, 2026
New Risk • Apr 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹2.36b market cap, or US$25.3m).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹224, the stock trades at a trailing P/E ratio of 36.9x. Average trailing P/E is 27x in the Forestry industry in India. Total returns to shareholders of 570% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹240, the stock trades at a trailing P/E ratio of 39.4x. Average trailing P/E is 26x in the Forestry industry in India. Total returns to shareholders of 615% over the past three years.
Reported Earnings • Feb 15Third quarter 2026 earnings released: EPS: ₹2.75 (vs ₹1.17 in 3Q 2025)Third quarter 2026 results: EPS: ₹2.75 (up from ₹1.17 in 3Q 2025). Revenue: ₹156.2m (up 12% from 3Q 2025). Net income: ₹22.1m (up 134% from 3Q 2025). Profit margin: 14% (up from 6.8% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 06Nidhi Granites Limited to Report Q3, 2026 Results on Feb 13, 2026Nidhi Granites Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 13, 2026
Reported Earnings • Nov 16Second quarter 2026 earnings released: EPS: ₹1.61 (vs ₹1.37 in 2Q 2025)Second quarter 2026 results: EPS: ₹1.61 (up from ₹1.37 in 2Q 2025). Revenue: ₹132.5m (flat on 2Q 2025). Net income: ₹12.9m (up 17% from 2Q 2025). Profit margin: 9.7% (up from 8.3% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Nov 05Nidhi Granites Limited to Report Q2, 2026 Results on Nov 14, 2025Nidhi Granites Limited announced that they will report Q2, 2026 results on Nov 14, 2025
Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹2.80 (vs ₹0.94 in 1Q 2025)First quarter 2026 results: EPS: ₹2.80 (up from ₹0.94 in 1Q 2025). Revenue: ₹198.8m (up 103% from 1Q 2025). Net income: ₹22.4m (up 198% from 1Q 2025). Profit margin: 11% (up from 7.7% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 102% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 02Nidhi Granites Limited to Report Q1, 2026 Results on Aug 13, 2025Nidhi Granites Limited announced that they will report Q1, 2026 results on Aug 13, 2025
공시 • Jun 26Nidhi Granites Limited, Annual General Meeting, Jul 22, 2025Nidhi Granites Limited, Annual General Meeting, Jul 22, 2025, at 11:00 Indian Standard Time.
Reported Earnings • May 30Full year 2025 earnings released: EPS: ₹2.39 (vs ₹0.98 in FY 2024)Full year 2025 results: EPS: ₹2.39 (up from ₹0.98 in FY 2024). Revenue: ₹473.3m (up 21% from FY 2024). Net income: ₹19.2m (up 180% from FY 2024). Profit margin: 4.1% (up from 1.8% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 69% per year, which means it is well ahead of earnings.
공시 • May 16Nidhi Granites Limited to Report Q4, 2025 Results on May 29, 2025Nidhi Granites Limited announced that they will report Q4, 2025 results at 9:15 AM, Indian Standard Time on May 29, 2025
공시 • Apr 03Nidhi Granites Limited (BSE:512103) completed the acquisition of Auro Fintech Private Limited.Nidhi Granites Limited (BSE:512103) agreed to acquire Auro Fintech Private Limited for INR 6.1 million on April 1, 2025. For the period ending December 31, 2024, Auro Fintech Private Limited reported total revenue of INR 63.62 million. The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board. The transaction is expected to complete within 30 days. Nidhi Granites Limited (BSE:512103) completed the acquisition of Auro Fintech Private Limited on April 2, 2025.
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₹90.70, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 20x in the Capital Markets industry in India. Total returns to shareholders of 81% over the past three years.
New Risk • Feb 20New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: ₹838.8m (US$9.68m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹838.8m market cap, or US$9.68m). Minor Risk Share price has been volatile over the past 3 months (8.7% average weekly change).
Reported Earnings • Feb 12Third quarter 2025 earnings released: EPS: ₹1.17 (vs ₹0.56 in 3Q 2024)Third quarter 2025 results: EPS: ₹1.17 (up from ₹0.56 in 3Q 2024). Revenue: ₹139.3m (up 29% from 3Q 2024). Net income: ₹9.42m (up 110% from 3Q 2024). Profit margin: 6.8% (up from 4.2% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹119, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 264% over the past three years.
공시 • Jan 31Nidhi Granites Limited to Report Q3, 2025 Results on Feb 11, 2025Nidhi Granites Limited announced that they will report Q3, 2025 results on Feb 11, 2025
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹185, the stock trades at a trailing P/E ratio of 61.9x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 493% over the past three years.
New Risk • Nov 30New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Market cap is less than US$100m (₹1.84b market cap, or US$21.7m).
Valuation Update With 7 Day Price Move • Nov 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹199, the stock trades at a trailing P/E ratio of 66.4x. Average trailing P/E is 23x in the Capital Markets industry in India. Total returns to shareholders of 431% over the past three years.
Reported Earnings • Nov 16Second quarter 2025 earnings released: EPS: ₹1.37 (vs ₹0.085 in 2Q 2024)Second quarter 2025 results: EPS: ₹1.37 (up from ₹0.085 in 2Q 2024). Revenue: ₹132.4m (up 50% from 2Q 2024). Net income: ₹11.0m (up ₹10.4m from 2Q 2024). Profit margin: 8.3% (up from 0.6% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 28Nidhi Granites Limited to Report Q2, 2025 Results on Nov 14, 2024Nidhi Granites Limited announced that they will report Q2, 2025 results on Nov 14, 2024
Reported Earnings • Aug 13First quarter 2025 earnings released: EPS: ₹0.94 (vs ₹0.16 in 1Q 2024)First quarter 2025 results: EPS: ₹0.94 (up from ₹0.16 in 1Q 2024). Revenue: ₹97.9m (up 25% from 1Q 2024). Net income: ₹7.53m (up ₹6.69m from 1Q 2024). Profit margin: 7.7% (up from 1.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Aug 05Nidhi Granites Limited to Report Q1, 2025 Results on Aug 12, 2024Nidhi Granites Limited announced that they will report Q1, 2025 results on Aug 12, 2024
Reported Earnings • Jul 01Full year 2024 earnings released: EPS: ₹1.95 (vs ₹2.07 in FY 2023)Full year 2024 results: EPS: ₹1.95. Revenue: ₹390.8m (up 52% from FY 2023). Net income: ₹6.85m (up 57% from FY 2023). Profit margin: 1.8% (in line with FY 2023).
공시 • Jun 28Nidhi Granites Limited, Annual General Meeting, Jul 23, 2024Nidhi Granites Limited, Annual General Meeting, Jul 23, 2024, at 11:30 Indian Standard Time.
Reported Earnings • May 29Full year 2024 earnings released: EPS: ₹1.95 (vs ₹2.07 in FY 2023)Full year 2024 results: EPS: ₹1.95. Revenue: ₹390.9m (up 52% from FY 2023). Net income: ₹6.85m (up 57% from FY 2023). Profit margin: 1.8% (in line with FY 2023).
공시 • May 18Nidhi Granites Limited to Report Q4, 2024 Results on May 28, 2024Nidhi Granites Limited announced that they will report Q4, 2024 results on May 28, 2024
Reported Earnings • Feb 15Third quarter 2024 earnings released: EPS: ₹1.12 (vs ₹0.68 in 3Q 2023)Third quarter 2024 results: EPS: ₹1.12 (up from ₹0.68 in 3Q 2023). Revenue: ₹107.7m (up 55% from 3Q 2023). Net income: ₹4.49m (up 271% from 3Q 2023). Profit margin: 4.2% (up from 1.7% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 14Second quarter 2024 earnings released: EPS: ₹0.17 (vs ₹2.72 in 2Q 2023)Second quarter 2024 results: EPS: ₹0.17 (down from ₹2.72 in 2Q 2023). Revenue: ₹88.1m (up 41% from 2Q 2023). Net income: ₹567.0k (down 72% from 2Q 2023). Profit margin: 0.6% (down from 3.3% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 62% per year.
공시 • Nov 08Nidhi Granites Limited to Report Q2, 2024 Results on Nov 13, 2023Nidhi Granites Limited announced that they will report Q2, 2024 results on Nov 13, 2023
New Risk • Aug 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (655% accrual ratio). Shareholders have been substantially diluted in the past year (433% increase in shares outstanding). Market cap is less than US$10m (₹274.4m market cap, or US$3.30m). Minor Risks Profit margins are more than 30% lower than last year (1.6% net profit margin). Revenue is less than US$5m (₹274m revenue, or US$3.3m).
Reported Earnings • Aug 16First quarter 2024 earnings released: EPS: ₹0.32 (vs ₹1.86 in 1Q 2023)First quarter 2024 results: EPS: ₹0.32 (down from ₹1.86 in 1Q 2023). Revenue: ₹78.6m (up 27% from 1Q 2023). Net income: ₹839.0k (down 40% from 1Q 2023). Profit margin: 1.1% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses.
공시 • Aug 04Nidhi Granites Limited to Report Q1, 2024 Results on Aug 14, 2023Nidhi Granites Limited announced that they will report Q1, 2024 results on Aug 14, 2023
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹78.15, the stock trades at a trailing P/E ratio of 47.4x. Average trailing P/E is 25x in the Capital Markets industry in India. Total returns to shareholders of 251% over the past three years.
공시 • Jun 29+ 1 more updateNidhi Granites Limited to Report Fiscal Year 2022 Results on Jul 22, 2023Nidhi Granites Limited announced that they will report fiscal year 2022 results on Jul 22, 2023
Valuation Update With 7 Day Price Move • May 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₹90.25, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 30% over the past year.
공시 • May 17Nidhi Granites Limited to Report Q4, 2023 Results on May 29, 2023Nidhi Granites Limited announced that they will report Q4, 2023 results on May 29, 2023
공시 • May 12Nidhi Granites Limited (BSE:512103) acquired Yug Fashion Garments Private Limited for INR 0.12 million.Nidhi Granites Limited (BSE:512103) acquired Yug Fashion Garments Private Limited for INR 0.12 million on May 10, 2023. The consideration was paid in cash. Yug Fashion Garments Private has become wholly owned subsidiary of Nidhi Granites. Yug Fashion Garments has revenue of INR 19 million as March 31, 2023. Nidhi Granites Limited (BSE:512103) completed the acquisition of Yug Fashion Garments Private Limited on May 10, 2023.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 28%After last week's 28% share price gain to ₹91.37, the stock trades at a trailing P/E ratio of 70.9x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 32% over the past year.
Valuation Update With 7 Day Price Move • Apr 24Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹81.42, the stock trades at a trailing P/E ratio of 63.2x. Average trailing P/E is 21x in the Capital Markets industry in India. Total returns to shareholders of 6.2% over the past year.
Board Change • Apr 17Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Mar 22Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Feb 24Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Feb 05Nidhi Granites Limited to Report Q3, 2023 Results on Feb 13, 2023Nidhi Granites Limited announced that they will report Q3, 2023 results on Feb 13, 2023
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₹67.60, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 22x in the Capital Markets industry in India. Total returns to shareholders of 204% over the past three years.
Board Change • Jan 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Nov 21Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Nov 03Nidhi Granites Limited to Report Q2, 2023 Results on Nov 11, 2022Nidhi Granites Limited announced that they will report Q2, 2023 results on Nov 11, 2022
Board Change • Oct 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Aug 30Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Aug 24Nidhi Granites Limited, Annual General Meeting, Sep 24, 2022Nidhi Granites Limited, Annual General Meeting, Sep 24, 2022, at 11:00 Indian Standard Time.
공시 • Aug 03Nidhi Granites Limited to Report Q1, 2023 Results on Aug 11, 2022Nidhi Granites Limited announced that they will report Q1, 2023 results on Aug 11, 2022
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹65.50, the stock trades at a trailing P/E ratio of 63.4x. Average trailing P/E is 18x in the Capital Markets industry in India. Total returns to shareholders of 221% over the past three years.
Board Change • Jul 12Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Board Change • Jun 10Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
Reported Earnings • May 30Full year 2022 earnings released: EPS: ₹4.06 (vs ₹0.95 in FY 2021)Full year 2022 results: EPS: ₹4.06 (up from ₹0.95 in FY 2021). Revenue: ₹159.1m (up ₹157.6m from FY 2021). Net income: ₹3.05m (up 327% from FY 2021). Profit margin: 1.9% (down from 46% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
공시 • May 14Nidhi Granites Limited to Report Q4, 2022 Results on May 25, 2022Nidhi Granites Limited announced that they will report Q4, 2022 results on May 25, 2022
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). Director Shreya Pandya is the most experienced director on the board, commencing their role in 2021. Non Executive Independent Director Amit Patankar was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
공시 • Feb 25Nidhi Granites Limited announced that it has received INR 23.5625 million in fundingOn February 24, 2022, Nidhi Granites Limited closed the transaction. The company issued 3,250,000 Convertible Warrants at a price of INR 29 per warrant for gross proceeds of INR 94,250,000 in the transaction, of which 25% of the amount which is equal to INR 23,562,500 was received by the company at the closing of the transaction and the rest will be received during the exercise of warrants. The warrants are exercisable at INR 21.75 per warrant. The transaction included participation from promoters of the company Devan Pandya for 1,089,000 warrants, Darpan Shah for 1,080,000 warrants, non-promoters Kala Purvish Diwanji for 540,000 warrants and Nayana Balubhai Bhatt for 541,000 warrants. The transaction has been approved in the board meeting of the company.
Reported Earnings • Feb 17Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹6.41 (up from ₹0.14 loss in 3Q 2021). Revenue: ₹56.8m (up ₹56.5m from 3Q 2021). Net income: ₹4.81m (up ₹4.92m from 3Q 2021). Profit margin: 8.5% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates.
공시 • Feb 04Nidhi Granites Limited to Report Q3, 2022 Results on Feb 11, 2022Nidhi Granites Limited announced that they will report Q3, 2022 results on Feb 11, 2022
Executive Departure • Aug 14Company Secretary & Compliance Officer Nehashree Rathi has left the companyOn the 9th of August, Nehashree Rathi's tenure as Company Secretary & Compliance Officer ended after 1.5 years in the role. We don't have any record of a personal shareholding under Nehashree's name. A total of 9 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹39.65, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 15x in the Capital Markets industry in India.
Executive Departure • Jun 26Additional Non-executive & Independent Director Rajesh Chheda has left the companyOn the 15th of June, Rajesh Chheda's tenure as Additional Non-executive & Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Rajesh's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Executive Departure • Jun 26Additional Non-executive & Independent Director Vineetkumar Mishra has left the companyOn the 15th of June, Vineetkumar Mishra's tenure as Additional Non-executive & Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Vineetkumar's name. A total of 8 executives have left over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model.
Is New 90 Day High Low • Mar 09New 90-day high: ₹32.45The company is up 32% from its price of ₹24.55 on 09 December 2020. The Indian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 9.0% over the same period.
공시 • Feb 20+ 1 more updateNidhi Granites Limited Announces Change in Chief Financial OfficerNidhi Granites Limited announced the resignation of Mr. Niranjan Mehta-Chief Financial Officer of the Company with close of business hours on 19 February 2021. The company also announced the appointment of Mrs. Kavita Shah as Chief Financial Officer of the Company, with effect from 19 February 2021. She is an Chartered Accountant from Batch Nov. 1999 with an all India Rank. She has over 18 years of experience in Financial and Real Estate industry. She has worked with Institutions like Ford Credit Kotak Mahindra Ltd, HDFC AMC - as Deputy CFO handling finance and was a part of the core team. As a member of Board of a real estate company wherein she is overseeing functions of various departments like Accounts & Finance and Legal. Mr. Darpan Deepak Shah has no relation with any of the directors on board except Mrs. Kavita Shah-Chief Financial Officer is wife of Mr. Darpan Deepak Shah- Managing Director.
Executive Departure • Feb 20Chief Financial Officer has left the companyOn the 19th of February, Niranjan Mehta's tenure as Chief Financial Officer ended after 3.3 years in the role. We don't have any record of a personal shareholding under Niranjan's name. A total of 6 executives have left over the last 12 months.
Executive Departure • Feb 20Non Executive Director has left the companyOn the 19th of February, Pushpa Thard's tenure as Non Executive Director ended after 26.6 years in the role. As of December 2020, Pushpa personally held 159.50k shares (₹4.3m worth at the time). A total of 6 executives have left over the last 12 months.
Is New 90 Day High Low • Jan 20New 90-day high: ₹29.90The company is up 34% from its price of ₹22.30 on 15 October 2020. The Indian market is up 23% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 24% over the same period.
Reported Earnings • Jan 12Third quarter 2021 earnings released: ₹0.14 loss per shareThird quarter 2021 results: Net loss: ₹107.3k (loss narrowed 40% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
공시 • Dec 26Nidhi Granites Limited to Report Q3, 2021 Results on Jan 11, 2021Nidhi Granites Limited announced that they will report Q3, 2021 results on Jan 11, 2021
공시 • Nov 20Darpan Shah and Devan Pandya entered into a share purchase agreement to acquire a 62.09% stake in Nidhi Granites Limited (BSE:512103) from Nupur International Pvt Ltd., Anil Ratanlal Saraf, Nidhi Abhinav Aggarwal, Pushpa Rajkumar Thard and Rajkumar Manmal Thard for INR 26.Darpan Shah and Devan Pandya entered into a share purchase agreement to acquire a 62.09% stake in Nidhi Granites Limited (BSE:512103) from Nupur International Pvt Ltd., Anil Ratanlal Saraf, Nidhi Abhinav Aggarwal, Pushpa Rajkumar Thard and Rajkumar Manmal Thard for INR 26 on November 19, 2020. Under the terms of the transaction, Darpan Shah and Devan Pandya will acquire 0.47 million shares in Nidhi and will pay the consideration in cash. Prior to the transaction, Darpan Shah did not hold any stakes in Nidhi but Devan Pandya holds 0.04% stake. Upon completion, Darpan Shah will hold 30.02% stake while Devan Pandya will hold 32.11% stake. Darpan Shah entered into an open offer to acquire 26% stake in Nidhi Granites from its shareholders.
공시 • Sep 12Nidhi Granites Limited to Report Q1, 2020 Results on Aug 12, 2020Nidhi Granites Limited announced that they will report Q1, 2020 results on Aug 12, 2020
공시 • Jul 31Nidhi Granites Limited Announces Executive ChangesNidhi Granites Limited at the board meeting held on July 31, 2020 appointed Ms. Nidhi Abhinav Aggarwal as the managing director of the company for a period of five years with effect from July 31, 2020. Mr. Rajkumar Thard has expressed his unwillingness to continue as Managing Director on completing his tenure on July 30, 2020.
공시 • Jul 20Nidhi Granites Limited to Report Q4, 2020 Results on Jul 30, 2020Nidhi Granites Limited announced that they will report Q4, 2020 results on Jul 30, 2020
