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What is the Nidhi Granites Ltd (NIDHGRN) share price today?

Nidhi Granites Ltd (NIDHGRN) is trading at ₹336.8 on the BSE, down 4.99% on the day. Source: DocStoX.

What is the PE ratio of Nidhi Granites Ltd?

Nidhi Granites Ltd has a price-to-earnings (PE) ratio of 140.3 in the Commodities sector.

What is the market capitalisation of Nidhi Granites Ltd?

Nidhi Granites Ltd has a market capitalisation of approximately ₹269 crore.

Nidhi Granites Ltd

NIDHGRN·BSE·Commodities

₹336.80▼ -17.70 (-4.99%)

Commodities · Other Construction Materials

High-quality returns — 34% on equity

52W₹181

₹48152%

Open

₹336.80

High

₹336.80

Low

₹336.80

Prev Close

₹354.50

Volume

255

VWAP

₹336.80

Snapshot

Key fundamentals

Market Cap

₹269 Cr

P/E Ratio

140.33Expensive

P/B Ratio

12.58

EPS

₹2.40

Book Value

₹28.18

ROE

34.06%Strong

ROCE

16.57%Decent

Dividend Yield

0.00%

Debt / Equity

0.12Low

Face Value

₹10.00

52W High

₹480.75

52W Low

₹181.45

Sector

Commodities

Industry

Other Construction Materials

Avoid

Narrow moatVery High uncertainty

Fair value estimate

₹59

▼ 82.6%downside

Trading at ₹337 — 83% above our estimate

BearFair valueBull

₹33₹59₹70

/100

Business quality — Solid

Growth 50Profitability 56Efficiency 43Valuation 47

Plain English

Our view

High-quality returns — 34% on equity
Low debt relative to equity
Expensive — trades at 140× earnings

Strengths

Low debt relative to equity
Strong returns on equity (34%)
Promoters hold a controlling stake

Risks

Expensive — trades at 140× earnings

How we got there

Fair value methods

Residual income

34% ROE fading to 13% over ~10 yrs, on ₹28 book

₹70

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹33

Analyst target

No analyst coverage

—

Blended fair value₹59

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Strong returns on equity (34%)
Promoters hold a controlling stake

Bear case

Expensive — trades at 140× earnings

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

140.3Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

34.1%Strong

Above 15% is considered healthy for Indian equities

ROCE

16.6%Decent

Above 18% means capital is working hard

Debt/Eq

0.12Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹269 Cr

P/B

12.58

EPS

₹2.40

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 140.3×

Growth

Strong

+37% rev CAGR

Profitability

Excellent

34.1% ROE

Financial health

Rock solid

D/E 0.12

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹85,884 Cr

Trades18

VWAP₹336.80

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+36.7%

+237.3%

10Y

—

Profit

+159.6%

+156.0%

10Y

—

EPS

+26.8%

+29.2%

10Y

—

Profile

Pros

Company is expected to give good quarter
Company has delivered good profit growth of 156% CAGR over last 5 years
Company's working capital requirements have reduced from 72.5 days to 58.0 days

Watch-outs

Cons

Stock is trading at 12.6 times its book value
Though the company is reporting repeated profits, it is not paying out dividend
Promoter holding has decreased over last 3 years: -3.50%

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

67%

Promoter

Promoters

66.8%0.00

Public

30.1%0.00

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

3.1%

Total shareholders

1,162+18 QoQ

Quarterly trend

Ownership over time

Q1 FY27

Promoter66.75%

Public30.15%

Others3.10%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1981, Nidhi Granites Ltd is a manufacturer of granite and marble slabs, tiles, and sandstone and limestone products.