Glittek Granites Ltd Stock Price Today (NSE: GLITTEKG)

Glittek Granites Ltd

43.040.87 (1.98%)
Market Open

Fundamental Score

...

Glittek Granites Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Glittek Granites Ltd share price today is 43.04, down 1.98% on NSE/BSE as of 17 June 2026. Glittek Granites Ltd (GLITTEKG) is a Small-cap company in the Other Construction Materials sector with a market capitalisation of 37.44 (Cr). The 52-week high for GLITTEKG share price is 80.20 and the 52-week low is 5.79. At a P/E ratio of 1.69x, GLITTEKG is currently trading below its industry average P/E of 37.66x. The company has a Return on Equity (ROE) of -280.48% and a debt-to-equity ratio of 0.06.

Glittek Granites Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
51.62
Low
40.05
Volume
36.7K
Change
-10.93%

Glittek Granites Ltd share price chart: -10.93% return over the past month. 52-week high ₹80.20, 52-week low ₹5.79.

Glittek Granites Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
40.6140.6138.0838.0857.28K (Cr)
38.9841.0238.9840.0812.26K (Cr)
39.6142.0039.6141.0310.01K (Cr)
42.1942.1940.0541.719.98K (Cr)
42.2542.8040.6541.7826.37K (Cr)
42.3843.9941.5042.7327.91K (Cr)
44.5944.5942.0042.5013.32K (Cr)
42.0145.4942.0143.0814.69K (Cr)
44.3744.8042.5043.815.74K (Cr)
43.1945.0041.2344.3725.15K (Cr)

Glittek Granites Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
38.9841.0238.0838.08-2.31%
46.4851.0039.6141.03-11.73%
39.1259.0037.1748.92+25.05%
76.8078.6332.1137.26-51.48%
28.7880.2028.7879.23+175.30%
11.9528.8511.6728.85+141.42%
14.2714.9911.0411.70-18.01%
11.2714.9610.5014.19+25.91%
10.0812.079.3910.90+8.13%
8.3211.097.919.77+17.43%
12.4712.478.758.75-29.83%
7.6914.057.0012.72+65.41%

AI Research Briefing

Powered by Gemini · 2026-04-09

This granite play is a micro-cap minefield; avoid unless you enjoy gambling with your capital.

Research Confidence
4.0/10Low
MICRO-CAP DARK HORSEStrong recent momentum (1M: 32.29%, 3M: 65.18%, 6M: 150.78%) driven by speculation, but unsustainable.Cheap based on P/E, but meaningless given zero revenue and negative profitability.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Glittek Granites is No major press releases or announcements in the last month beyond routine corporate filings.

CORE STORY (THE REAL GAME)

Micro-cap granite play attempting a turnaround. Market interest driven by a change in promoter group and speculation on improved operations. High-risk, high-reward bet on a shift from negative profitability.

Why Now
  • New promoter group acquired controlling stake in January 2026
  • Speculation on operational turnaround
  • Extremely low P/E ratio compared to industry
Potential Catalysts
  • Significant revenue growth in upcoming quarters
  • Successful implementation of new operational strategies by the new promoter group
  • Order wins and contract announcements
Key Risks
  • Micro-cap with significant liquidity risk
  • Zero revenue in the last quarter
  • History of negative profitability and sales decline
Institutional Activity

Promoters decreased stake in the last 12 months before the sale. No FII/DII interest.

Macro Context

Construction sector faces rising material costs.

Cash Flow Quality

Negative free cash flow.

3–6 Month Outlook

Next 3-6 months hinge on the new promoter group's ability to generate revenue and improve profitability. Expect high volatility and potential for significant downside.

Primary Thesis Risk

Failure to generate revenue will lead to a complete collapse in stock price.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

-280.48%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

-115.33%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-57.21%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Glittek Granites Ltd Valuation Check

Excellent

Price to Earnings (P/E)

1.69x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

37.66x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

64.18%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Average

DII Holding

7.60%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

96.81%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-100.00%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-35.29%

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.06x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

23.34x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

36.67 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Glittek Granites Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of GLITTEKG across key market metrics for learning purposes.

Positive Indicators

7 factors identified

Attractive Valuation (P/E: 1.69 vs Industry: 37.66)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (96.81%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Conservative Debt Levels (D/E: 0.06)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (23.34x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹36.67 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (64.18%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

7 factors identified

Below-Average Return on Equity (-280.48%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-115.33%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-57.21%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Revenue Contraction (-100.00%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (-35.29% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Limited Institutional Interest (FII+DII: 7.60%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Glittek Granites Ltd vs Other Construction Materials Peers

Peer Comparison - Other Construction Materials

Compare Glittek Granites Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
35/100
43
₹37.44
1.7
Average
-280.48%
Poor
-115.33%
Poor
0.1
Excellent
-35.29%
Poor
0.00%
2/100
4749
₹4333.22
1.9
Average
0.00%
45.7/100
311
₹2843.18
12.3
Average
4.37%
Poor
3.61%
Poor
0.0
Excellent
1.85%
Average
11.23%
Good
0.31%
25.2/100
103
₹1074.98
60.3
Average
1.48%
Poor
12.26%
Average
0.1
Excellent
0.00%
8.5/100
391
₹821.18
-1.10%
Poor
0.75%
Poor
0.5
Good
6.03%
Good
0.48%
33.3/100
173
₹406.30
13.2
Average
0.4
Excellent
74.47%
Excellent
43.25%
Excellent
0.61%
11.5/100
355
₹330.32
92.0
Average
14.01%
Average
16.57%
Good
0.1
Excellent
0.00%
15/100
93
₹317.56
66.4
Average
1.6
Average
0.00%
49.3/100
280
₹278.03
15.0
Average
5.27%
Poor
7.12%
Poor
0.1
Excellent
-6.04%
Poor
16.33%
Excellent
0.39%
51/100
174
₹65.06
20.2
Average
9.55%
Poor
10.78%
Average
0.1
Excellent
-7.82%
Poor
4.36%
Average
0.00%
22.9/100
48
₹56.07
21.6
Average
1.58%
Poor
2.18%
Poor
0.0
Excellent
-19.41%
Poor
1.21%
Average
3.66%

Glittek Granites Ltd Quarterly Performance

Latest quarterly metrics for GLITTEKG — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-100.00%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

96.81%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-35.29%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Glittek Granites Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for GLITTEKG — calculated from daily price history

26RSI 14
Oversold — RSI 26

Selling pressure is heavy — potential reversal zone.

SMA 50
45
▼ Price below SMA 50 — Short-term bearish
SMA 200
26
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
33K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Glittek Granites Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Glittek Granites Ltd (GLITTEKG) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Glittek Granites Ltd

About GLITTEKG (Glittek Granites Ltd)

Glittek Granites Ltd is a distinguished purveyor of premium stone solutions, specializing in the creation of exquisite granite tiles and slabs. With a commitment to quality and aes...thetic appeal, Glittek meticulously transforms raw stone into refined architectural elements. Their comprehensive catalog extends beyond granite to encompass a diverse range of natural stone offerings, including the timeless elegance of marble, the rustic charm of sandstone, the captivating allure of semi-precious stones, and the modern versatility of quartz. Each product is crafted to enhance any space, imbuing it with enduring beauty and sophistication. Glittek Granites Ltd caters to a broad spectrum of clientele, bridging the gap between nature's artistry and the demands of contemporary design. Their expertly crafted materials find application in a myriad of settings, from lavish flooring and durable countertops to eye-catching tabletops and captivating wall cladding. Serving as a trusted partner for importers, wholesalers, retailers, builders, architects, and homeowners alike, Glittek ensures that every project, regardless of scale, benefits from the unparalleled quality and aesthetic finesse that defines their brand. Their dedication to customer satisfaction and their keen understanding of market trends have solidified their position as a leading provider of stone solutions. Glittek Granites Ltd has established a formidable global presence, delivering its exceptional products to discerning customers across continents. With a focus on key international markets, including the United States, South Africa, the United Kingdom, the United Arab Emirates, Canada, Europe, and Australia, Glittek has become synonymous with quality and reliability in the stone industry. Their unwavering commitment to ethical sourcing, sustainable practices, and innovative design ensures that their products not only meet but exceed the expectations of their international clientele, contributing to the creation of stunning architectural spaces worldwide.

Company Details

Symbol:GLITTEKG
Industry:Other Construction Materials
Sector:Other Construction Materials

Key Leadership

Mr. Ashoke Agarwal B.Com
Joint MD & Chairman
Mr. Tushar Agarwal
MD & Executive Director
Mr. Ashok Kumar Modi
Chief Financial Officer

GLITTEKG Share Price: Frequently Asked Questions

What is the current share price of Glittek Granites Ltd?

Glittek Granites Ltd (GLITTEKG) trades at ₹43.04 on NSE and BSE. Market cap ₹37.44 (Cr). Educational data only.

What is the P/E ratio of Glittek Granites Ltd?

Glittek Granites Ltd has a P/E of 1.69x vs industry average 37.66x.

What is the Bull Run score for Glittek Granites Ltd?

Glittek Granites Ltd has a Bull Run score of 35/100 based on 25+ financial parameters.

Does Glittek Granites Ltd pay dividends?

Glittek Granites Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Glittek Granites Ltd?

Glittek Granites Ltd has ROE of -280.48%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Glittek Granites Ltd?

Glittek Granites Ltd has debt-to-equity of 0.06.

Is Glittek Granites Ltd a good investment?

Bull Run gives Glittek Granites Ltd a score of 35/100. This is not investment advice — consult a SEBI-registered advisor.