Key Metrics of Nitco Limited
About Nitco Limited
Sectors
Company details
- Website
- nitco.in
- Registered office
- 3/a, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony,, Mumbai, In-mh, 400030
- Listed
- NSE: NITCO · ₹68.28
Operational Areas of Nitco Limited
Company summary
Entity details
Compliance
Industry classification
Financials, ratios and risk analysis
Revenue, EBITDA, net profit, net worth, debt and assets for every filing year, 15+ ratios, the financial health score, shareholding, charges and peer comparison are part of the premium plan.
Sign in to continue See plans & pricingFiling compliance
Due dates follow the Companies Act: AGM within six months of the year end, AOC-4 within 30 days and MGT-7 within 60 days of the AGM. A filing made but not yet uploaded here shows as pending.
Vendor checks & payment capacity
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Credit ratings
Rating history
Rating actions
Borrowings & rated debt
Rated limits over time
Facility mix
Rated facilities
| Facility | Type | Previous | Current | Change | Rating | Action | Agency |
|---|---|---|---|---|---|---|---|
| Long term Bank Facilities ‘’ | Working capital & bank lines | — | ₹500 Cr | — | BBB+ | Other | CARE |
| ‘PR2’ NITCO’s persisting dependence on overseas suppliers vitrified tiles rough marbles in the backdrop of regulatory uncertainties, deterioration in the operat | Non-fund based limits | — | ₹560 Cr | — | — | Assigned | CARE |
| Tel – Tel – Mobile Mobile | Other | ₹98,803 Cr | ₹60,878 Cr | −38.4% | — | Other | CARE |
Credit assessment · Manufacturing
Rating Methodology – Manufacturing Companies (Mar 2025) · Standalone accounts · FY 2025-26
Ratios, pillar scores and the indicative rating are part of Premium.
Rating status
| Default | No default on record |
| Issuer cooperation | Cooperating |
| Credit enhancement | None – standalone rating |
| Next action stable or better (model) | 64% |
| Information on file | 67% · missing: Capex / investment plans, Auditor details, Recent rating review (last 15 months) |
Indicative assessment from public data using the published methodology factors; not a credit rating.
Borrowing & funding lifecycle
- Credit outlook model: 64% chance the next rating action is stable or better
- Current rating BBB+ (investment grade)
Rated limits by facility
Timeline
From the report
Press Release April 16, 2010 CARE ASSIGNS ‘PR1’ RATING TO THE CP ISSUE OF NITCO LIMITED CARE has assigned a ‘PR1’ [PR One] rating to the proposed Commercial Paper (CP) issue of NITCO aggregating Rs.100 crore.
From the report
The issue would be carved out of the sanctioned working capital limits of the company.
From the report
In FY06, NITCO raised Rs.168 crore through an Initial Public Offering (IPO) of equity shares.
From the report
During FY08, the company raised a further Rs.166 crore via a Qualified Institutional Placement (QIP) of equity shares.
From the report
The term debt for the project is yet to be tied up, which increases the risk associated with the project.
Lender names, bank charges and audited borrowings are part of Premium.
Built from MCA charges, ICRA/CARE rating reports and audited accounts. The borrowing view is an estimate, not a lender's credit decision.
Registered office and contact
Directors and key people
Directors are read from the MGT-7 annual return and AOC-4 signatories.
Competitors of Nitco Limited
Top competitors by location
| Company | Description | Domain | Founded | Location |
|---|---|---|---|---|
| Tiles & Ceramics · Cement, Building Materials & Polymers | prismjohnson.in | — | Hyderabad, India | |
| Discovered Companies · Other Industries | orientbell.com | — | India | |
 EXXARO TILES LIMITED |
Tiles & Ceramics · Manufacturing (Metals and Chemicals, and products thereof) | exxarotiles.com | — | Talod, Gujarat, India |
| Discovered Companies · Other Industries | naveen.in | — | Hubli, Karnataka, India | |
| LEXUS GRANITO (INDIA) LIMITED | · Manufacturing (Metals and Chemicals, and products thereof) | — | — | Rajkot, Gujarat, India |
| Discovered Companies · Other Industries | orientbell.com | — | Bulandshahr, India | |
| Tiles & Ceramics · Cement, Building Materials & Polymers | sakarmarbo.com | — | India | |
| D E Ceramica | Tiles & Ceramics · Cement, Building Materials & Polymers | — | — | Haryana, India |
| Yash Tiles & Sainitary House | Tiles & Ceramics · Cement, Building Materials & Polymers | — | — | Haryana, India |
| Vb Tile | Tiles & Ceramics · Cement, Building Materials & Polymers | — | — | India |
Similar companies
Charges (secured borrowings)
0 registered charges. Lenders, amounts and dates are part of the premium plan.
Statutory auditors
Auditors are read from the AOC-4 auditor's report section.
Business activities and related parties
Tiles, marble, mosaics
Filings
No filings on record yet.