Nitco Limited

Company Profile

Nitco Limited had its IPO on under the ticker symbol NITCO.

The company operates in the Industrials sector and Building Products & Equipment industry. Nitco Limited has a staff strength of 0 employees.

Stock update

Shares of Nitco Limited opened at ₹20.4 at the start of the last trading session i.e. 2023-09-13.

The stocks traded within a range of ₹17.7 - ₹20.4, and closed at ₹17.89.

This is a -9.33% slip from the previous day's closing price.

A total volume of 471,050 shares were traded at the close of the day’s session.

In the last one week, shares of Nitco Limited have slipped by -16.79%.

Nitco Limited's Key Ratios

Nitco Limited has a market cap of ₹1.47 billion, indicating a price to book ratio of 2.029 and a price to sales ratio of 0.4743.

In the last 12-months Nitco Limited’s revenue was ₹3.85 billion with a gross profit of ₹800.22 million and an EBITDA of ₹-346348256. The EBITDA ratio measures Nitco Limited's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Nitco Limited’s operating margin was -16.63% while its return on assets stood at -4.93% with a return of equity of 0%.

In Q2, Nitco Limited’s quarterly earnings growth was a positive 0% while revenue growth was a positive 1.6%.

Nitco Limited’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at ₹-21.35 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nitco Limited’s profitability.

Nitco Limited stock is trading at a EV to sales ratio of 2.5141 and a EV to EBITDA ratio of -22.6538. Its price to sales ratio in the trailing 12-months stood at 0.4743.

Nitco Limited stock pays annual dividends of ₹0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

₹8.18 billion

Total Liabilities

₹9.82 billion

Operating Cash Flow

₹0

Capital Expenditure

₹0

Dividend Payout Ratio

0%

Nitco Limited ended 2024 with ₹8.18 billion in total assets and ₹0 in total liabilities. Its intangible assets were valued at ₹8.18 billion while shareholder equity stood at ₹-3492690000.00.

Nitco Limited ended 2024 with ₹0 in deferred long-term liabilities, ₹9.82 billion in other current liabilities, 718590000.00 in common stock, ₹-4211280000.00 in retained earnings and ₹32.38 million in goodwill. Its cash balance stood at ₹112.29 million and cash and short-term investments were ₹118.36 million. The company’s total short-term debt was ₹0 while long-term debt stood at ₹2.00 billion.

Nitco Limited’s total current assets stands at ₹4.22 billion while long-term investments were ₹0 and short-term investments were ₹6.07 million. Its net receivables were ₹739.89 million compared to accounts payable of ₹1.59 billion and inventory worth ₹2.55 billion.

In 2024, Nitco Limited's operating cash flow was ₹0 while its capital expenditure stood at ₹0.

Comparatively, Nitco Limited paid ₹0 in dividends in 2024.

Other key metrics

Current Trading Price

₹17.89

52-Week High

₹31

52-Week Low

₹16.4

Analyst Target Price

₹

Nitco Limited stock is currently trading at ₹17.89 per share. It touched a 52-week high of ₹31 and a 52-week low of ₹31. Analysts tracking the stock have a 12-month average target price of ₹.

Its 50-day moving average was ₹18.94 and 200-day moving average was ₹21.12 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 7668.1% of the company’s stock are held by insiders while 0% are held by institutions.