AI Summary
✦ ClarthaNITCO is an Indian tiles and marble manufacturer with a real-estate segment. Tiles and related products drive core revenue through vitrified, ceramic, porcelain, wooden, and Italian tiles. Marble products add premium surfaces, while property development provides secondary exposure. Revenue grew 71.9% year-on-year and profit increased 103.9%, with improving margins indicating operating recovery. Promoter stake rising to approximately 24% after a ₹216 crore warrant conversion may support funding, but does not directly establish operating improvement. ROE is 9.4%, while debt/equity of 86.28 indicates extreme leverage that materially inflates financial risk and constrains returns quality. Improving margins are positive, but the balance sheet remains the key earnings vulnerability. At 83.4 times earnings, NITCO appears rich relative to its modest ROE and uncertain earnings durability. The valuation requires continued growth and deleveraging, while real-estate execution and promoter funding remain open questions.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
Analyst coverage unavailable
Fundamentals
Fundamentals institutional score is 33 using EVA spread proxy -2.6%; growth durability 33.3.
Valuation
Valuation institutional score is 59 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
No usable analyst target or recommendation data was available.
Technical Structure
Technicals institutional score is 57 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. Available evidence provides partial support, while fundamentals and market sentiment remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 9.1% above historical median. Valuation is declining — currently in the fair zone (z-score: +0.26). Confidence: 60%.
Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.
5Y Average
53.76
Current
81.44
Overvalued
97.35
Undervalued
59.44
5Y Average
44.51
Current
67.43
Overvalued
69.56
Undervalued
16.29
5Y Average
8.93
Current
6.04
Overvalued
11.56
Undervalued
6.61
Peers & Comparison
Sector: Industrials · Theme: Building Products - Ceramics
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
CERA SANITARYWARE LTD CERABuilding Products - Ceramics | +12.8% | 10.0% | 38.1x Fair | 0% vs avg | -5.1% |
NITCO LIMITED trades at a premium (81.4x vs peer avg 38.1x), implying higher growth or quality expectations from the Building Products - Ceramics cohort. Peers include CERA SANITARYWARE LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹152 CrMar 2026Latest net profit
₹-6.36 CrMar 2026Latest EPS
₹-0.26Mar 2026Net margin
-3.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 105.12 | 91.90 | 80.51 | 79.42 | 71.19 | 69.31 | 65.47 | 84.05 | 92.93 | 149.68 | 107.10 | 131.18 | 151.75 |
| Expenses + | 121.28 | 96.85 | 82.68 | 87.43 | 92.78 | 80.37 | 76.08 | 89.75 | 99.38 | 99.65 | 120.56 | 136.98 | 156.33 |
| Operating Profit | -16.16 | -4.95 | -2.17 | -8.01 | -21.59 | -11.06 | -10.61 | -5.70 | -6.45 | 50.03 | -13.46 | -5.80 | -4.58 |
| OPM % | -15.37% | -5.39% | -2.70% | -10.09% | -30.33% | -15.96% | -16.21% | -6.78% | -6.94% | 33.42% | -12.57% | -4.42% | -3.02% |
| Other Income + | -0.11 | 1.71 | 1.83 | 0.55 | 0.72 | 1.16 | 12.76 | -472.60 | 9.81 | 2.85 | 2.32 | -2.25 | 1.44 |
| Interest | 18.82 | 21.95 | 23.97 | 24.23 | 25.03 | 26.47 | 26.95 | 10.56 | 2.31 | 1.12 | 0.96 | 1.06 | 1.54 |
| Depreciation | 7.07 | 7.24 | 7.33 | 7.34 | 7.25 | 7.15 | 7.22 | 169.88 | 2.99 | 2.55 | -14.09 | 1.51 | 1.67 |
| Profit before tax | -42.16 | -32.43 | -31.64 | -39.03 | -53.15 | -43.52 | -32.02 | -658.74 | -1.94 | 49.21 | 1.99 | -10.62 | -6.35 |
| Tax % | 0.00% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Profit + | -42.17 | -32.76 | -31.65 | -39.02 | -53.15 | -43.52 | -32.02 | -658.73 | -1.94 | 49.21 | 1.99 | -10.61 | -6.36 |
| EPS in Rs | -5.87 | -4.56 | -4.40 | -5.43 | -7.40 | -6.06 | -4.46 | -91.67 | -0.08 | 2.15 | 0.09 | -0.46 | -0.26 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Board Meeting Intimation for For The Meeting To Be Held On Wednesday, August 12, 2026.
Disclosure Under Regulation 7(2) Of SEBI (Prohibition Of Insider Trading) Regulations, 2015