# Nitco share price today (Nitco Ltd, NSE: NITCO) > Nitco share price today: ₹74.33 at the NSE close on 3 November 2026, down 31.9% in a year. Nitco (NSE: NITCO) is worth ₹1,787 crore, trades at a P/E of 72.5 and has closed between ₹64.95 and ₹116.39 over the past 52 weeks. > Nitco Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. NITCO · Ceramics/Tiles/Sanitaryware · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/nitco-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Price: ₹74.33 (−31.9% in a year) - P/E: 72.5×, too little history to compare yet - Revenue (Jun 2026): ₹116 Cr (−22.7% on a year ago) - Profit (Jun 2026): −₹10.0 Cr (−121.3% on a year ago) - Operating margin: −7.0% (−40.0 points on a year ago) - ROCE: 7%, FY26 - ROIC: −4.8%, against a 12.0% cost of capital: −16.8 points - Profit that came in as cash: 101%, last 2 years Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Nitco share price today? Nitco Ltd's share price was ₹74.33 at the close on 3 November 2026. It has been falling for 6 weeks. That is 20.3% 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 18% of the way up from that low. 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 +90% 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. ## What changed at Nitco this quarter? 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. ## What are Nitco's latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹116 crore | ₹150 crore | −22.7% | | Profit | loss of ₹10.0 crore | ₹47.0 crore | −121.3% | | Earnings per share | ₹−0.43 | ₹2.08 | −120.7% | | Operating margin | −7.0% | 33.0% | −40.0 points | 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.) ## What is the Nitco share price history? Nitco closed at ₹74.33 on 3 November 2026, down 31.9% from ₹109.16 a year earlier (31 October 2025) and up 212.3% over five years. Its highest weekly close since March 2016 was ₹154.28 on 4 July 2025. ### Nitco share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹69.43 | +7.1% | | 1 month ago · 1 Oct 2026 | ₹84.57 | −12.1% | | 6 months ago · 30 Apr 2026 | ₹88.27 | −15.8% | | 1 year ago · 31 Oct 2025 | ₹109.16 | −31.9% | | 3 years ago · 3 Nov 2023 | ₹25.70 | +189.2% | | 5 years ago · 4 Nov 2021 | ₹23.80 | +212.3% | | 10 years ago · 4 Nov 2016 | ₹64.40 | +15.4% | | Earliest weekly close in our records · 11 Mar 2016 | ₹39.10 | +90.1% | | Highest weekly close since March 2016 · 4 Jul 2025 | ₹154.28 | −51.8% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹11.20 | +563.7% | | 52-week high (weekly close) · 3 Jul 2026 | ₹116.39 | −36.1% | | 52-week low (weekly close) · 13 Mar 2026 | ₹64.95 | +14.4% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Nitco? 3 Nov 2026: Nitco closed at ₹74.33, up 7.1% on the week and down 12.1% on the month. Results for April to June 2026: Revenue down 22.7% and profit down 121.3% on a year earlier. ## What dividend does Nitco pay? 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 4 November 2026.) ## Which stock lists is Nitco on? Nitco is on one of our India lists: Penny stocks. [Penny stocks](https://www.sectoralpha.in/penny-stocks-india) ## Is Nitco profitable? 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. Jun 2026 profit was −₹10.0 Cr, −121.3% on a year earlier. ## How much revenue does Nitco make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Nitco keep? 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. 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. ## Is Nitco's profit turning into cash? 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. 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. ## Where does Nitco's cash go? 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. 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. ## What is Nitco's P/E ratio, and how does it compare with its own history? 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. 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. ## Is the Nitco business getting better or worse? 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. 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. ## How much does Nitco earn on its capital? 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. 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. ## Does Nitco have too much debt? 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. ## What is the Nitco shareholding pattern? Promoters cut their stake in Nitco Ltd by 22.8 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 24.0% of the company. Domestic institutions moved −5.3 points over the same period, to 0.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −22.8 points over 8 quarters, to 24.0%; Domestic institutions: −5.3 points over 8 quarters, to 0.7%; Foreign institutions: +0.1 points over 8 quarters, to 2.1%. Why the owners changed: promoters drove it (−22.8 points), together with domestic institutions (−5.3 points). They reduced their stake. ## How far is Nitco from balance-sheet trouble? For Nitco Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Nitco rank in its industry? 37.2 out of 100, rank 5 of 6 in Ceramics/Tiles/Sanitaryware, with 76% of the evidence available. Nitco Ltd scores 37.2 out of 100 against the 6 companies it is compared with in Ceramics/Tiles/Sanitaryware, ranking 5. Earnings are strong; relative strength in its sector is -10.6% and the one-year return is -34.1%. The four parts add up to the total exactly: 22.8 + 3.1 + 10 + 1.3 = 37.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nitco compared with? Nitco ranks 5 of 6 Ceramics/Tiles/Sanitaryware companies on the 4-Factor Sector Score, with 37.2 out of 100. 1. [Kajaria Ceramics Ltd](https://www.sectoralpha.in/stocks/kajaria-ceramics-ltd) KAJARIACER · losing its lead · Most evidence points up · 97% evidence 79.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.1/35 · Revenue 14.4% · Profit 65.3% · Operating margin change 2 points · 100% evidence Capital efficiency 23.5/25 · ROCE 23.4% · Operating margin 20% · 100% evidence Valuation 11.0/20 · P/E 27.5× · PEG 2 · 85% evidence Relative strength 19.4/20 · Lead over its industry 13% · Lead over NIFTY 500 5.9% · 1 year -8.1% · 100% evidence · 7 of 12 weeks ahead Exact sum: 25.1 + 23.5 + 11 + 19.4 = 79 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Somany Ceramics Ltd](https://www.sectoralpha.in/stocks/somany-ceramics-ltd) SOMANYCERA · breaking out · Evidence leans up · 60% evidence 61.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 9.3% · Profit 88.7% · Operating margin change 4 points · 83% evidence Capital efficiency 14.7/25 · ROCE 12.8% · Operating margin 12% · 76% evidence Valuation 12.9/20 · P/E 20.3× · PEG n/a · 35% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 20.4% · 1 year 18.5% · 25% evidence · 11 of 12 weeks ahead Exact sum: 21.4 + 14.7 + 12.9 + 12.5 = 61.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Cera Sanitaryware Ltd](https://www.sectoralpha.in/stocks/cera-sanitaryware-ltd) CERA · quiet · Evidence leans down · 78% evidence 41.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 7.0/35 · Revenue 9% · Profit -17.8% · Operating margin change -3 points · 88% evidence Capital efficiency 18.1/25 · ROCE 19.2% · Operating margin 10% · 100% evidence Valuation 7.0/20 · P/E 27.5× · PEG 4.05 · 85% evidence Relative strength 9.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.8% · 1 year -29.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 7 + 18.1 + 7 + 9.5 = 41.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Asian Granito India Ltd](https://www.sectoralpha.in/stocks/asian-granito-india-ltd) ASIANTILES · quiet · Evidence leans down · 75% evidence 37.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.5/35 · Revenue 17.3% · Profit 100% · Operating margin change -0.2 points · 83% evidence Capital efficiency 4.1/25 · ROCE 2.9% · Operating margin 6.2% · 76% evidence Valuation 7.3/20 · P/E 104× · PEG n/a · 35% evidence Relative strength 4.8/20 · Lead over its industry -15.8% · Lead over NIFTY 500 -20.5% · 1 year -27.7% · 100% evidence · 1 of 12 weeks ahead Exact sum: 21.5 + 4.1 + 7.3 + 4.8 = 37.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. Nitco Ltd this page NITCO · quiet · Evidence leans down · 76% evidence 37.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.8/35 · Revenue 28.6% · Profit 95.5% · Operating margin change -40 points · 88% evidence Capital efficiency 3.1/25 · ROCE 7.2% · Operating margin -7% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 1.3/20 · Lead over its industry -10.6% · Lead over NIFTY 500 -16.4% · 1 year -34.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.8 + 3.1 + 10 + 1.3 = 37.2 · What this means: Earnings are strong; relative strength in its sector is -10.6% and the one-year return is -34.1%. 6. [Hindware Home Innovation Ltd](https://www.sectoralpha.in/stocks/hindware-home-innovation-ltd) HINDWAREAP · basing · Most evidence points down · 68% evidence 34.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.6/35 · Revenue 6.1% · Profit 93.8% · Operating margin change -1.2 points · 65% evidence Capital efficiency 5.4/25 · ROCE 7.1% · Operating margin 8% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 3.9/20 · Lead over its industry -18.5% · Lead over NIFTY 500 -23.4% · 1 year -55% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.6 + 5.4 + 10 + 3.9 = 34.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Ceramics/Tiles/Sanitaryware](https://www.sectoralpha.in/sectors/ceramics-tiles-sanitaryware), all 6 compared on one page. ## Which companies are close to Nitco in size? Nitco is the 4th largest of 6 Ceramics/Tiles/Sanitaryware companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Kajaria Ceramics, Cera Sanitaryware and Somany Ceramics. Just below it: Hindware Home Innovation and Asian Granito India. ### Ceramics/Tiles/Sanitaryware companies close in size 1. [Kajaria Ceramics Ltd](https://www.sectoralpha.in/stocks/kajaria-ceramics-ltd) ₹17,430 crore 2. [Cera Sanitaryware Ltd](https://www.sectoralpha.in/stocks/cera-sanitaryware-ltd) ₹5,683 crore 3. [Somany Ceramics Ltd](https://www.sectoralpha.in/stocks/somany-ceramics-ltd) ₹2,227 crore 4. Nitco Ltd ₹1,741 crore 5. [Hindware Home Innovation Ltd](https://www.sectoralpha.in/stocks/hindware-home-innovation-ltd) ₹1,392 crore 6. [Asian Granito India Ltd](https://www.sectoralpha.in/stocks/asian-granito-india-ltd) ₹1,360 crore [All 6 Ceramics/Tiles/Sanitaryware companies, largest first](https://www.sectoralpha.in/sectors/ceramics-tiles-sanitaryware#all-companies) ### Companies close in size in other industries 1. [Titan Biotech Ltd](https://www.sectoralpha.in/stocks/titan-biotech-ltd) ₹1,755 crore · Pesticides/Agrochemicals 2. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) ₹1,745 crore · IT - Software 3. Nitco Ltd ₹1,741 crore 4. [Exicom Tele-Systems Ltd](https://www.sectoralpha.in/stocks/exicom-tele-systems-ltd) ₹1,740 crore · Capital Goods - Electric General 5. [Euro Pratik Sales Ltd](https://www.sectoralpha.in/stocks/euro-pratik-sales-ltd) ₹1,736 crore · Trading ## What else do people ask about Nitco? ### What is Nitco's share price today? Nitco Ltd's share price is ₹74.33, −31.9% over the past year. The whole company is worth ₹1,787 Cr on the market. In the last 52 weeks it traded between ₹65 to ₹116; today it is 18% of the way up from the low, 20.3% below its 200-day average (as of 3 November 2026). ### What were Nitco's latest quarterly results? Nitco Ltd reported revenue of ₹116 Cr and a net loss of ₹10.0 Cr for the Jun 2026 quarter. Revenue fell 22.7% and profit fell 121.3% compared with a year earlier. Earnings per share were −₹0.43. The operating margin was −7.0%, 40.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Nitco's market cap? Nitco Ltd's market capitalisation is ₹1,787 Cr at a share price of ₹74.33. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nitco performing? Nitco Ltd's share price has been falling for 6 weeks. In its latest quarter, revenue fell 22.7% and profit fell 121.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will Nitco's share price go up? This page does not forecast Nitco Ltd's share price. What it shows instead: the share price is ₹74.33, and it has been falling for 6 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Who owns Nitco? Promoters own 24.0% of Nitco Ltd, foreign institutions 2.1%, domestic institutions 0.7% and the public 73.2% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 22.8 percentage points over 8 quarters (as of 3 November 2026). ### What is Nitco's capex? Nitco Ltd sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹150 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹64.0 Cr (as of 3 November 2026). ### Where is Nitco in its business cycle? Nitco Ltd's FY26 operating margin was 4.5%, against a 13-year range of −63.0% to 4.5%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was −7.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nitco story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nitco a stock worth studying right now? What the numbers show: Nitco Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - Penny stocks: https://www.sectoralpha.in/penny-stocks-india This is research, not advice. We’re not SEBI-registered.