NITCO Limited, together with its subsidiaries, manufactures and sells floor and wall solutions in India.
Adequate balance sheet and slightly overvalued.
- NITCO has significant price volatility in the past 3 months.
- NITCO is not covered by any analysts.
Share Price & News
How has NITCO's share price performed over time and what events caused price changes?
Latest Share Price and Events
7 Day Return
1 Year Return
532722 underperformed the Building industry which returned -0.9% over the past year.
532722 underperformed the Market in India which returned -1.5% over the past year.
Share holder returns
Price Volatility Vs. Market
How volatile is NITCO's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is NITCO undervalued based on future cash flows and its price relative to the stock market?
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
NITCO's share price is below the future cash flow value, and at a moderate discount (> 20%).
NITCO's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
NITCO is loss making, we can't compare its value to the IN Building industry average.
NITCO is loss making, we can't compare the value of its earnings to the India market.
Price Based on Expected Growth
Unable to calculate PEG ratio for NITCO, we can't assess if its growth is good value.
Price Based on Value of Assets
NITCO is overvalued based on assets compared to the IN Building industry average.
How is NITCO expected to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Building industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as NITCO has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine NITCO's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- NITCO competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the capital goods industry.
How has NITCO performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
NITCO does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
Unable to compare NITCO's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare NITCO's 1-year growth to the IN Building industry average as it is not currently profitable.
Return on Equity
It is difficult to establish if NITCO has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
Return on Assets
It is difficult to establish if NITCO has efficiently used its assets last year compared to the IN Building industry average (Return on Assets) as it is loss-making.
Return on Capital Employed
It is difficult to establish if NITCO improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
How is NITCO's financial position?
Financial Position Analysis
NITCO is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
NITCO's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
NITCO's level of debt (625%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has been reduced over the past 5 years (1223.8% vs 625% today).
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 1x debt.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Whilst loss making NITCO has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
Whilst loss making NITCO has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -141.8% per year.
What is NITCO's current dividend yield, its reliability and sustainability?
Dividend Yield and Payments Analysis
Unable to evaluate NITCO's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate NITCO's dividend against the top 25% market benchmark as the company has not reported any payouts.
Unable to perform a dividend volatility check as NITCO has not reported any payouts.
Unable to verify if NITCO's dividend has been increasing as the company has not reported any payouts.
Current Payout to Shareholders
Unable to calculate sustainability of dividends as NITCO has not reported any payouts.
Future Payout to Shareholders
Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
What is the CEO of NITCO's salary, the management and board of directors tenure and is there insider trading?
Average management tenure
Mr. Mahesh Shah has been the Chief Executive Officer of Nitco Limited since October 24, 2018.
Management Age and Tenure
The tenure for the NITCO management team is about average.
Board Age and Tenure
The average tenure for the NITCO board of directors is less than 3 years, this suggests a new board.
No 3 month individual insider trading information.
Recent Insider Transactions
Vivek Talwar (63yo)
Chairman & MD
- Tenure: 8.3yrs
Bhaskar Borkar (57yo)
Chief Financial Officer
- Compensation: ₹2.96m
President of HRD
Company Secretary & Compliance Officer
- Tenure: 3.2yrs
Chief Executive Officer
- Tenure: 0.8yrs
Vivek Talwar (63yo)
Chairman & MD
Sharath Bolar (68yo)
- Tenure: 4.7yrs
- Compensation: ₹280.00k
- Tenure: 4.3yrs
- Compensation: ₹180.00k
- Tenure: 0.8yrs
- Tenure: 0.8yrs
NITCO Limited's company bio, employee growth, exchange listings and data sources
- Name: NITCO Limited
- Ticker: 532722
- Exchange: BSE
- Founded: 1953
- Industry: building products
- Sector: capital goods
- Market Cap: ₹2.206b
- Shares outstanding: 71.86m
- Website: Click here
Number of Employees
- NITCO Limited
- Plot No.3
- Nitco House
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532722||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Mar 2006|
|NITCO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Mar 2006|
NITCO Limited, together with its subsidiaries, manufactures and sells floor and wall solutions in India. The company operates through Tiles and Other Related Products; and Real Estate segments. It offers f ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/07/18 12:42|
|End of Day Share Price||2019/07/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.