Nitco share price today

Nitco Ltd's share price was ₹79.76 at the close on 4 November 2026. It has been falling for 6 weeks. That is 14.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹65 and ₹116, and at that close it sat 29% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Nitco Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running.

Over the last 11 years the share price moved +104% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 31 July 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue fell in the June 2026 quarter, operating margin down 40 points on a year earlier and foreign funds (FIIs) cut their stake for 3 quarters in a row.

1. Revenue fell in the June 2026 quarter

   Revenue was ₹116 crore, -22.7% on a year earlier (₹150 crore), after 6 quarters of growth.

2. Operating margin down 40 points on a year earlier

   -7% in the June 2026 quarter, from 33%.

3. Foreign funds (FIIs) cut their stake for 3 quarters in a row

   From 2.3% to 2.1% of the company by the September 2026 quarter.

For April to June 2026 (the quarter ended 30 June 2026), Nitco reported revenue of ₹116 crore, down 22.7% from ₹150 crore a year earlier, and a loss of ₹10.0 crore, down 121.3% from ₹47.0 crore.

Nitco results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Nitco closed at ₹79.76 on 4 November 2026, down 14.7% from ₹93.46 a year earlier (7 November 2025) and up 235.1% over five years. Its highest weekly close since March 2016 was ₹154.28 on 4 July 2025.

Nitco share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Nitco closed at ₹79.76, up 10.8% on the week and down 5.7% on the month. Results for April to June 2026: Revenue down 22.7% and profit down 121.3% on a year earlier.

Nitco has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Nitco Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

Nitco is on one of our India lists: Penny stocks.

Nitco Ltd posted a net loss of ₹10.0 Cr in the Jun 2026 quarter. Full-year FY26 profit was ₹29.0 Cr. That loss is 8.6% of the quarter's revenue. The same quarter a year earlier earned ₹47.0 Cr. 10 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Jun 2026 profit was −₹10.0 Cr, −121.3% on a year earlier.

Nitco Ltd reported ₹116 Cr of revenue in the Jun 2026 quarter, −22.7% on the same quarter a year earlier. Over 10 years it has grown −4.2% a year on average. The last full year, FY26, came in at ₹542 Cr. The last four reported quarters add to ₹508 Cr.

Revenue is everything the company billed its customers in the period.

FY26 revenue was ₹542 Cr, +72.6% on the year before.

Recent pace: the last four quarters grew +39.5% on average, against −4.2% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +28.6%, against +29.5% a year over the last 8 quarters (stabilising).

Nitco Ltd's operating margin was −7.0% in the Jun 2026 quarter, 40.0 percentage points lower than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 13 years it has been between −63.0% and 4.5%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −40.1 percentage points on the year while gross margin changed −25.9 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold.

Over the last 2 years, 101% of Nitco Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 its operations used ₹153 Cr of cash, against ₹29.0 Cr of profit. After ₹0.0 Cr of spending on assets, free cash was −₹153 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 101% of profit came in as cash: the cash cycle got 134 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

Nitco Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 447 days in FY26, up from 313 days in FY21. Over the last 3 years it sold more assets than it bought, by ₹150 Cr. Customers take 113 days to pay, and stock sits for 453 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹542 Cr, each day of that cycle ties up about ₹1.5 Cr, so roughly ₹664 Cr is tied up in the business at any time.

FY26: customers took 113 days to pay and stock sat for 453 days, about 14.9 months of sales sitting as stock, for a full cycle of 447 days, longer than FY21's 313.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 453 days. Customers pay about 113 days after that. Suppliers are paid at 119 days. Together that makes the 447-day cycle.

Over the last 3 years, money from selling assets was ₹150 Cr more than it spent on new ones. Work still in progress is ₹11.0 Cr (FY26).

In short: assets are being sold, not built, so this cash is not going into new capacity.

Nitco Ltd's P/E is 72.5×, with too little history to compare. Its usual P/E (the middle reading) is 70.2×, over 6 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple.

Nitco Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Nitco Ltd earned a ROCE of 7% in FY26. That is up from a low of −44% in FY25. Its return on capital used (ROIC) is 16.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses.

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

It comes from a 5.4% net margin and 0.50× asset turnover (sales divided by assets).

Why the return is what it is (FY26): a 5.4% net margin × 0.50× asset turnover × 2.99× leverage (assets divided by equity) ≈ 8.1% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: −4.8% − 12.0% = −16.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve.

The −4.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 2.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

Nitco Ltd has total debt of ₹314 Cr against shareholder equity of ₹365 Cr as of Jun 2026, so its debt is 0.86× its equity. Year by year, that ratio went from −3.81 in FY22 to 0.87 in FY26. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.