Nidhi Granites Ltd (NIDHGRN) — shareholding pattern, promoter holding, financials and share price
About Nidhi Granites Ltd (NIDHGRN)
Nidhi Granites Ltd operates in the Other Construction Materials industry, within the Construction Materials sector. It trades on the NSE as NIDHGRN and on the BSE under scrip code 512103. Its ISIN is INE276H01013.
Incorporated in 1981, Nidhi Granites Ltd is a manufacturer of granite and marble slabs, tiles, and sandstone and limestone products.
Nidhi Granites Limited, founded in 1981, originally focused on granite blocks and tiles, has shifted its core operations to trading in shares, securities, and investments.
The company has faced challenges in its traditional business sectors, leading to a strategic pivot towards financial investments to better utilize resources.
Listed peers in Other Construction Materials: Marble City India Ltd, Sahyadri Industries Ltd, Glittek Granites Ltd, Ravi Leela Granites Ltd, Divyashakti Ltd, Lerthai Finance Ltd.
Valuation & Returns
10 Jul 2026At ₹365.4 a share on 10 Jul 2026, Nidhi Granites Ltd (NIDHGRN) was valued at a price-to-earnings ratio of 38.06x against an industry P/E of 12.61x and a price-to-book of 12.97x on a book value of ₹28.18 per share as of Mar 2026. Solomo computes return on equity of 34.07% and return on capital employed of 43.71% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 38.06x
- Industry P/E
- 12.61x
- P/B
- 12.97x
- EPS (TTM)
- ₹9.6
- Book value / share
- ₹28.18
- ROE
- 34.07%
- ROCE
- 43.71%
- ROA
- 23.49%
- Debt / equity
- 0.12x
- Dividend yield
- 0%
- EBITDA margin
- 19.39%
- 52-week range
- ₹171.3 – ₹480.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Nidhi Granites Ltd (NIDHGRN) reported revenue of ₹65.47 crore, net profit of ₹7.68 crore and earnings per share of ₹9.6. That compares with revenue of ₹47.29 crore and net profit of ₹1.92 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹16.66 crore and net profit ₹1.94 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 15.91 | 25.64 | 39.09 | 47.29 | 65.47 |
| Net profit (₹ cr) | 0.3 | 0.44 | 0.68 | 1.92 | 7.68 |
| EPS (₹) | 2 | 0.83 | 0.85 | 2.4 | 9.6 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | -2.83% | 210.27% | -15.26% | 38.44% |
| Profit growth | - | - | - | 300.00% |
| Stock price CAGR | 34% | 61% | 111% | 106% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 66.75% of Nidhi Granites Ltd (NIDHGRN) (unchanged from the previous quarter). Market capitalisation was ₹292 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2002.
Largest disclosed public shareholders in Jun 2026: NAYANA BALUBHAI BHATT 13.53%, KALA PURVISH DIWANJI 8.78%, NIDHI GRANITES LTD - SUSPENSE ESCROW DEMAT ACCOUNT 1.27%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 66.75% | - | - | - | 33.25% |
| Mar 2026 | 66.75% | - | - | - | 33.25% |
| Dec 2025 | 66.75% | - | - | - | 33.25% |
| Sep 2025 | 66.75% | - | - | - | 33.25% |
| Jun 2025 | 66.75% | - | - | - | 33.25% |
| Mar 2025 | 66.75% | - | - | - | 33.25% |
| Dec 2024 | 66.75% | - | - | - | 33.25% |
| Sep 2024 | 66.75% | - | - | - | 33.25% |