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Earnings Call

Nitco Earnings Call: Key Takeaways

Nitco reports strong Q4 FY26 with 63% YoY revenue growth. Strategy focuses on legacy business expansion and high-value real estate monetization to drive cash flow.

Highlights
Revenue growth63% YoY in Q4; 73% YoY in FY26.
MarginsFY26 Gross Margin at 28% vs 24% in FY25.
Order book₹347cr in real estate business orders.
Demand visibilityLOIs worth ₹347cr from Prestige Estates and Lodha Group.
Management confidenceStrong momentum cited in marble business and real estate segments.

Growth

FY26 revenue surged 73% YoY to ₹539.71cr; Q4 FY26 revenue grew 63% YoY to ₹151.75cr.

Outlook

Projecting ₹1,000cr revenue by FY29 (30% CAGR). Target unlocking ₹1,000cr+ cash flow from real estate.

Risks

Company reported a net loss of ₹6.36cr for Q4 FY26; high reliance on debt restructuring.

Source

Earnings Call filed with BSE, NSE: NITCO. Summary written with AI assistance from the document.

Read the document ↗

Nitco Ltd: key numbers

Share price
₹87.96
Market cap
₹2,222 Cr
Revenue (annual)
₹542.0 Cr
Net profit (annual)
₹28.90 Cr
P/E (TTM)
-76.9×Sector 45.9×
Promoter holding
20.17%+0.00% QoQ
FII holding
2.28%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Annual General Meeting

Nitco Annual General Meeting

Nitco Ltd held its 60th Annual General Meeting on September 17, 2026, through video conferencing. Shareholders considered resolutions including financial statements, director re-appointment, and related party transactions.

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Management Change

Nitco Management Change

NITCO Limited appointed Mr. Arihant Kothari as Company Secretary and Compliance Officer, effective September 15, 2026. This follows the board's decision to strengthen governance and management.

15:59 IST BSE
Board Meeting Outcome

Nitco Board Meeting Outcome

Nitco Ltd's Board appointed Mr. Arihant Kothari as Company Secretary, Compliance Officer, KMP, and Senior Management Personnel effective September 15, 2026. No financial transaction or monetary value is involved.

19:27 IST BSE
Credit Rating

Nitco Credit Rating

Nitco Limited received a credit rating reaffirmation for its Non-Convertible Debentures and Redeemable Non-Convertible Preference Shares, totaling ₹200 Crore.

Value
₹200.0 Cr