88.03
+3.99%
Close of 9 Nov 2026, in INR
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About Nitco
Its shares trade on NSE under the ticker NITCO.NS. It has been listed since 14 April 2006. In the fiscal year to 31 March 2026, it reported revenue of ₹5.42bn and net income of ₹289.0m. At that date it held total assets of ₹10.90bn and shareholders' equity of ₹3.65bn.
Nitco Ltd. engages in the manufacture, marketing, and distribution of tiles and marble products. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2006-04-14. The firm operates through two segments: Tiles and related products and Real Estate. The firm offers wall tiles, floor tiles, marble and mosaico. The Company’s products include Glazed Vitrified Tiles, Vitrified DCH, Vitrified Heavy Duty, Vitrified SST, Full Body Vitrified, Wooden Wall Tiles, Wooden Ceramic Tiles, Wooden Vitrified Tiles, Ceramic Wall Tiles, Ceramic Floor Tiles and more. The company provides various ranges of Ceramic Floor Tiles, including Cotto Bronze, Cotto Rouge, Cotto Rouge Decor, Crosswood Chestnut, Mayfair Statuario, Crust 02 and more. The company provides various ranges of Wooden Wall Tiles, including Legna Leaf, Legna Leaf Decor, Legna Leaf LT, Glam Wood, Glam Wood Decor, Glam Wood LT, Mahogany, Mahogany Decor and more. The firm has manufacturing facilities in Maharashtra and Silvassa and sells primarily in India through independent dealers/distributors and modern trade.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Building Products
- Listed since
- 14 Apr 2006
- Employees
- 519
- Website
- nitco.in ↗
Leadership
Pay as last reported
- Mr. Vivek TalwarExecutive Chairman of the Board, Managing Director, since 1980₹5.8m
- Ms. Geeta KariraCompany Secretary, Compliance Officer
- Mr. Vivek GroverNon-Executive and Nominee Director₹150,000
- Ms. Poonam TalwarAdditional Non-Executive Director, since 2002₹2.0m
- Ms. Priyanka AgarwalAdditional Non-Executive Independent Director
- Mr. Ajay BakshiAdditional Non-Executive Independent Director
- Mr. Harsh KediaAdditional Non-Executive Independent Director
- Mr. Santhosh ShetAdditional Non-Executive Independent Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Nitco Ltd. manufactures Glazed Vitrified Tiles and Vitrified DCH in Maharashtra facilities.
- The company offers Ceramic Floor Tiles like Cotto Bronze and Ceramic Wall Tiles in India.
- Nitco Ltd. provides Wooden Wall Tiles including Legna Leaf Decor and Mahogany Decor ranges.
Weaknesses
- Nitco Ltd. operates only in Maharashtra and Silvassa manufacturing locations.
- The firm sells primarily through independent dealers/distributors in India.
- Nitco Ltd. has no presence in international markets beyond India.
Opportunities
- Nitco Ltd. can expand Ceramic Floor Tiles ranges like Crust 02 in modern trade channels.
- The company may grow Real Estate segment with new projects in Mumbai.
- Nitco Ltd. could introduce Vitrified Heavy Duty products to new customer segments.
Threats
- Nitco Ltd. faces competition from local tile manufacturers in Maharashtra.
- The company's reliance on independent dealers may lead to distribution challenges.
- Nitco Ltd. is limited to the Indian market for its marble and mosaico products.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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