Nidhi Granites Ltd Stock Price Today (NSE: NIDHGRN)
Fundamental Score
Nidhi Granites Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Nidhi Granites Ltd share price today is ₹319.85, up +0.00% on NSE/BSE as of 17 February 2026. Nidhi Granites Ltd (NIDHGRN) is a Small-cap company in the Other Construction Materials sector with a market capitalisation of ₹330.32 (Cr). The 52-week high for NIDHGRN share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 92.01x, NIDHGRN is currently trading above its industry average P/E of 37.66x. The company has a Return on Equity (ROE) of 14.01% and a debt-to-equity ratio of 0.11.
Nidhi Granites Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Nidhi Granites Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Nidhi Granites Share Price: A Conservative Value Investor's Perspective
The Other Construction Materials sector, while often overlooked, is undergoing a subtle shift towards specialty granite suppliers, offering higher margins but demanding increased operational efficiency. This analysis focuses on the Nidhi Granites share price, currently at ₹359.899994, through the lens of a conservative value investor prioritizing capital safety. This assessment forms a part of a comprehensive, 80-parameter fundamental audit, verified by Sweta Mishra.
At its current price, Nidhi Granites trades at a PE ratio of 92.01. This figure appears substantially elevated compared to broader market averages and demands careful scrutiny. A high PE ratio suggests that investors are anticipating significant future earnings growth, but the sustainability of such growth needs to be rigorously evaluated. Comparing management quality against peers like
Solid Stone Company Ltd is crucial. Is Nidhi Granites' management demonstrably superior in capital allocation, risk management, and operational execution? This comparative analysis can provide insights into whether the high PE multiple is justified or indicative of potential overvaluation.The company's Return on Capital Employed (ROCE) of 16.57% is a critical factor in assessing its long-term competitive advantage, or "moat." A healthy ROCE suggests that Nidhi Granites is effectively utilizing its capital to generate profits. However, for a value investor, the key question is whether this ROCE is sustainable in the face of competition and economic downturns. The ROCE is a key input in a free cash flow to the firm model. Can Nidhi Granites consistently reinvest at this rate and generate similar returns in the future?
While a 16.57% ROCE contributes positively to the company's potential moat, further analysis is required to determine its strength. For instance, how does this ROCE compare to peers like Mincon Group plc and Jai Mata Glass Ltd? Does Nidhi Granites possess unique advantages, such as proprietary technology, strong brand recognition, or favorable cost structures, that enable it to maintain this level of profitability? The sustainability of the current ROCE and the comparative management against
Solid Stone Company Ltd are key factors for capital safety.Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Nidhi Granites Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NIDHGRN across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Excellent ROCE Performance (16.57%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Conservative Debt Levels (D/E: 0.11)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (21.64x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (66.76%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Risk Factors
4 factors identified
Premium Valuation Risk (P/E: 92.01x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Negative Free Cash Flow (₹-7.33 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
High Share Pledging Risk (40.26%)
Observation: Significant promoter share pledging creates potential overhang.
Analysis: High pledging levels may create selling pressure during market downturns.
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.
Nidhi Granites Ltd Financial Statements
Comprehensive financial data for Nidhi Granites Ltd including income statement, balance sheet and cash flow
About NIDHGRN (Nidhi Granites Ltd)
Nidhi Granites Ltd (NIDHGRN) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Other Construction Materials sector with a current market capitalisation of ₹330.32 (Cr). Nidhi Granites Ltd has delivered a Return on Equity (ROE) of 14.01% and a ROCE of 16.57%. The debt-to-equity ratio stands at 0.11, reflecting the company's capital structure. Investors tracking NIDHGRN share price can monitor key metrics including P/E ratio, promoter holding of 66.76%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
NIDHGRN Share Price: Frequently Asked Questions
What is the current share price of Nidhi Granites Ltd (NIDHGRN)?
As of 17 Feb 2026, 10:17 am IST, Nidhi Granites Ltd share price is ₹319.85. The NIDHGRN stock has a market capitalisation of ₹330.32 (Cr) on NSE/BSE.
Is NIDHGRN share price Overvalued or Undervalued?
NIDHGRN share price is currently trading at a P/E ratio of 92.01x, compared to the industry average of 37.66x. Based on this relative valuation, the Nidhi Granites Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of NIDHGRN share price?
The 52-week high of NIDHGRN share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Nidhi Granites Ltd share price?
Key factors influencing NIDHGRN share price include quarterly earnings growth (Sales Growth: 8.93%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Nidhi Granites Ltd a good stock for long-term investment?
Nidhi Granites Ltd shows a 5-year Profit Growth of N/A% and an ROE of 14.01%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.11 before investing in NIDHGRN shares.
How does Nidhi Granites Ltd compare with its industry peers?
Nidhi Granites Ltd competes with major peers in the Other Construction Materials. Investors should compare NIDHGRN share price P/E of 92.01x and ROE of 14.01% against the industry averages to determine competitive standing.
What is the P/E ratio of NIDHGRN and what does it mean?
NIDHGRN share price has a P/E ratio of 92.01x compared to the industry average of 37.66x. Investors pay ₹92 for every ₹1 of annual earnings.
How is NIDHGRN performing according to Bull Run's analysis?
NIDHGRN has a Bull Run fundamental score of 11.5/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does NIDHGRN belong to?
NIDHGRN operates in the Other Construction Materials industry. This classification helps understand the competitive landscape and sector-specific trends affecting Nidhi Granites Ltd share price.
What is Return on Equity (ROE) and why is it important for NIDHGRN?
NIDHGRN has an ROE of 14.01%, which shows decent profitability but room for improvement. ROE measures how efficiently Nidhi Granites Ltd generates profits from shareholders capital.
How is NIDHGRN debt-to-equity ratio and what does it indicate?
NIDHGRN has a debt-to-equity ratio of 0.11, which indicates conservative financing with low financial risk.
What is NIDHGRN dividend yield and is it a good dividend stock?
NIDHGRN offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Nidhi Granites Ltd shares.
How has NIDHGRN share price grown over the past 5 years?
NIDHGRN has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.
What is the promoter holding in NIDHGRN and why does it matter?
Promoters hold 66.76% of NIDHGRN shares, with 40.26% pledged. High promoter holding often indicates strong management confidence in Nidhi Granites Ltd.
What is NIDHGRN market capitalisation category?
NIDHGRN has a market capitalisation of ₹330 crores, placing it in the Small-cap category.
How volatile is NIDHGRN stock?
NIDHGRN has a beta of N/A. A beta > 1 suggests the Nidhi Granites Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is NIDHGRN operating profit margin trend?
NIDHGRN has a 5-year average Operating Profit Margin (OPM) of 6.10%, indicating the company's operational efficiency.
How is NIDHGRN quarterly performance?
Recent quarterly performance shows Nidhi Granites Ltd YoY Sales Growth of 8.93% and YoY Profit Growth of 17.27%.
What is the institutional holding pattern in NIDHGRN?
NIDHGRN has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Nidhi Granites Ltd stock.