Nitco Limited (NITCO) - Net Assets
Based on the latest financial reports, Nitco Limited (NITCO) has net assets worth Rs3.02 Billion INR (≈ $32.65 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.87 Billion ≈ $106.69 Million USD) and total liabilities (Rs6.85 Billion ≈ $74.04 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Nitco Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.02 Billion |
| % of Total Assets | 30.6% |
| Annual Growth Rate | -0.24% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 84.81 |
Nitco Limited - Net Assets Trend (2006–2025)
This chart illustrates how Nitco Limited's net assets have evolved over time, based on quarterly financial data. Also explore Nitco Limited asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Nitco Limited (2006–2025)
The table below shows the annual net assets of Nitco Limited from 2006 to 2025. For live valuation and market cap data, see NITCO market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.47 Billion ≈ $26.67 Million |
+146.57% |
| 2024-03-31 | Rs-5.29 Billion ≈ $-57.25 Million |
-44.45% |
| 2023-03-31 | Rs-3.67 Billion ≈ $-39.64 Million |
-70.02% |
| 2022-03-31 | Rs-2.16 Billion ≈ $-23.31 Million |
-140.03% |
| 2021-03-31 | Rs-898.09 Million ≈ $-9.71 Million |
-281.10% |
| 2020-03-31 | Rs495.91 Million ≈ $5.36 Million |
-59.46% |
| 2019-03-31 | Rs1.22 Billion ≈ $13.23 Million |
-32.87% |
| 2018-03-31 | Rs1.82 Billion ≈ $19.71 Million |
+264.08% |
| 2017-03-31 | Rs-1.11 Billion ≈ $-12.01 Million |
-40.84% |
| 2016-03-31 | Rs-788.58 Million ≈ $-8.53 Million |
-289.66% |
| 2015-03-31 | Rs-202.38 Million ≈ $-2.19 Million |
-119.02% |
| 2014-03-31 | Rs1.06 Billion ≈ $11.51 Million |
-63.03% |
| 2013-03-31 | Rs2.88 Billion ≈ $31.13 Million |
-39.83% |
| 2012-03-31 | Rs4.78 Billion ≈ $51.74 Million |
-10.85% |
| 2011-03-31 | Rs5.37 Billion ≈ $58.04 Million |
+4.70% |
| 2010-03-31 | Rs5.13 Billion ≈ $55.43 Million |
-1.72% |
| 2009-03-31 | Rs5.22 Billion ≈ $56.40 Million |
+4.89% |
| 2008-03-31 | Rs4.97 Billion ≈ $53.77 Million |
+68.63% |
| 2007-03-31 | Rs2.95 Billion ≈ $31.89 Million |
+14.33% |
| 2006-03-31 | Rs2.58 Billion ≈ $27.89 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Nitco Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1820927400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs2.29 Billion | 92.74% |
| Other Comprehensive Income | Rs1.24 Billion | 50.17% |
| Other Components | Rs17.15 Billion | 695.43% |
| Total Equity | Rs2.47 Billion | 100.00% |
Nitco Limited Competitors by Market Cap
The table below lists competitors of Nitco Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
S H Kelkar and Company Limited
NSE:SHK
|
$218.74 Million |
|
Nuvectis Pharma Inc
NASDAQ:NVCT
|
$218.75 Million |
|
Cantabil Retail India Limited
NSE:CANTABIL
|
$218.77 Million |
|
GalaxiaMoneytree Co.Ltd
KQ:094480
|
$218.78 Million |
|
Ziprecruiter Inc
NYSE:ZIP
|
$218.71 Million |
|
TMC Life Sciences Bhd
KLSE:0101
|
$218.66 Million |
|
Medical Facilities Corporation
TO:DR
|
$218.65 Million |
|
Vef AB
ST:VEFAB
|
$218.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nitco Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -5,121,666,000 to 2,466,232,000, a change of 7,587,898,000.
- Net loss of 7,411,525,000 reduced equity.
- Share repurchases of 4,622,201,000 reduced equity.
- New share issuances of 4,622,201,000 increased equity.
- Other comprehensive income increased equity by 923,587,000.
- Other factors increased equity by 14,075,836,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-7.41 Billion | -300.52% |
| Share Repurchases | Rs4.62 Billion | -187.42% |
| Share Issuances | Rs4.62 Billion | +187.42% |
| Other Comprehensive Income | Rs923.59 Million | +37.45% |
| Other Changes | Rs14.08 Billion | +570.74% |
| Total Change | Rs- | % |
Book Value vs Market Value Analysis
This analysis compares Nitco Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 8.19x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.44x to 8.19x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs200.75 | Rs88.27 | x |
| 2007-03-31 | Rs127.04 | Rs88.27 | x |
| 2008-03-31 | Rs176.91 | Rs88.27 | x |
| 2009-03-31 | Rs162.01 | Rs88.27 | x |
| 2010-03-31 | Rs159.22 | Rs88.27 | x |
| 2011-03-31 | Rs164.32 | Rs88.27 | x |
| 2012-03-31 | Rs146.77 | Rs88.27 | x |
| 2013-03-31 | Rs83.39 | Rs88.27 | x |
| 2014-03-31 | Rs23.66 | Rs88.27 | x |
| 2015-03-31 | Rs-6.87 | Rs88.27 | x |
| 2016-03-31 | Rs-17.92 | Rs88.27 | x |
| 2017-03-31 | Rs-23.91 | Rs88.27 | x |
| 2018-03-31 | Rs29.57 | Rs88.27 | x |
| 2019-03-31 | Rs15.55 | Rs88.27 | x |
| 2020-03-31 | Rs8.87 | Rs88.27 | x |
| 2021-03-31 | Rs-10.10 | Rs88.27 | x |
| 2022-03-31 | Rs-27.60 | Rs88.27 | x |
| 2023-03-31 | Rs-48.60 | Rs88.27 | x |
| 2024-03-31 | Rs-71.27 | Rs88.27 | x |
| 2025-03-31 | Rs10.78 | Rs88.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nitco Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -300.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -236.85%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.73x
- Recent ROE (-300.52%) is below the historical average (-30.16%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 7.76% | 7.27% | 0.63x | 1.70x | Rs-57.66 Million |
| 2007 | 12.90% | 8.28% | 0.80x | 1.95x | Rs85.59 Million |
| 2008 | 10.29% | 8.02% | 0.79x | 1.63x | Rs14.56 Million |
| 2009 | 4.83% | 3.76% | 0.68x | 1.90x | Rs-269.31 Million |
| 2010 | -1.72% | -1.95% | 0.38x | 2.34x | Rs-599.33 Million |
| 2011 | 4.63% | 3.86% | 0.43x | 2.79x | Rs-287.89 Million |
| 2012 | -11.88% | -6.75% | 0.49x | 3.61x | Rs-1.05 Billion |
| 2013 | -87.33% | -30.70% | 0.45x | 6.26x | Rs-2.65 Billion |
| 2014 | -233.99% | -27.11% | 0.47x | 18.35x | Rs-2.20 Billion |
| 2015 | 0.00% | -14.25% | 0.54x | 0.00x | Rs-1.16 Billion |
| 2016 | 0.00% | -7.67% | 0.51x | 0.00x | Rs-503.75 Million |
| 2017 | 0.00% | -4.69% | 0.48x | 0.00x | Rs-202.84 Million |
| 2018 | 114.32% | 31.13% | 0.45x | 8.16x | Rs1.72 Billion |
| 2019 | -48.03% | -9.07% | 0.45x | 11.70x | Rs-648.27 Million |
| 2020 | -74.42% | -10.35% | 0.45x | 16.13x | Rs-538.18 Million |
| 2021 | 0.00% | -41.86% | 0.35x | 0.00x | Rs-1.30 Billion |
| 2022 | 0.00% | -30.72% | 0.47x | 0.00x | Rs-1.06 Billion |
| 2023 | 0.00% | -39.77% | 0.46x | 0.00x | Rs-1.16 Billion |
| 2024 | 0.00% | -50.11% | 0.45x | 0.00x | Rs-1.12 Billion |
| 2025 | -300.52% | -236.85% | 0.34x | 3.73x | Rs-7.66 Billion |
Industry Comparison
This section compares Nitco Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $3,828,013,013
- Average return on equity (ROE) among peers: 14.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nitco Limited (NITCO) | Rs3.02 Billion | 7.76% | 2.27x | $218.72 Million |
| Ahlada Engineers Limited (AHLADA) | $128.29 Million | 17.65% | 2.34x | $6.34 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $3.07 Billion | 9.31% | 0.57x | $214.97 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.23 Billion | 9.18% | 1.03x | $4.43 Million |
| Beardsell Limited (BEARDSELL) | $709.61 Million | 11.59% | 1.26x | $11.03 Million |
| Bigbloc Construction Limited (BIGBLOC) | $1.09 Billion | 28.25% | 1.70x | $74.03 Million |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $3.96 Billion |
| Cera Sanitaryware Limited (CERA) | $11.83 Billion | 17.70% | 0.42x | $732.50 Million |
| Electrosteel Castings Limited (ELECTCAST) | $11.97 Billion | 4.63% | 1.01x | $548.14 Million |
| Everest Industries Limited (EVERESTIND) | $2.50 Billion | 21.15% | 1.09x | $65.00 Million |
| Exxaro Tiles Limited (EXXARO) | $1.21 Billion | 9.33% | 2.21x | $33.72 Million |
About Nitco Limited
NITCO Limited engages in the tiles and marble business in India and internationally. It operates in two segments, Tiles and Related Products; and Real Estate. The company offers vitrified tiles, such as glazed, DCH, heavy and SST; wooden tiles, including wall, floor, ceramic and vitrified; ceramic wall and floor tiles; and digital, Italian, and porcelain tiles. It also provides anti-bacterial, an… Read more