DocStoX is a free AI-powered research platform for Indian equity markets, covering 6,800+ NSE & BSE stocks with prices, fundamentals, 326 financial ratios, shareholding, FII/DII flows, F&O, IPOs, a visual screener and AI stock scoring.

Yes. DocStoX has a free tier covering stock research, the screener, FII/DII data and educational guides, plus a free MCP API tier (50 tool calls/day) for AI assistants. A Pro plan adds higher limits and advanced features.

What data does DocStoX cover?

Every NSE & BSE listed stock (6,800+ instruments): EOD and intraday prices, income statement / balance sheet / cash flow, 326 ratios, quarterly shareholding, promoter pledge, mutual-fund holdings, FII/DII flows, F&O and option-chain data, analyst forecasts, IPOs, corporate actions and news.

Can AI assistants like ChatGPT or Claude use DocStoX data?

Yes. DocStoX runs a public Model Context Protocol (MCP) server at https://mcp.docstox.com/mcp with 39 tools, so Claude, ChatGPT, Cursor and other MCP clients can pull Indian market data directly. Setup and a free key are at https://docstox.com/mcp.

What is the PE ratio of Nidhi Granites Ltd?

Nidhi Granites Ltd has a price-to-earnings (PE) ratio of 37.1 in the Construction sector.

What is the market capitalisation of Nidhi Granites Ltd?

Nidhi Granites Ltd has a market capitalisation of approximately ₹299 crore.

Nidhi Granites Ltd

NIDHIGRANITESLTD·NSE·Construction

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Construction · Construction Materials

High-quality returns — 41% on equity

52W₹171

₹481-55%

Open

—

High

—

Low

—

Prev Close

—

Volume

—

VWAP

—

Snapshot

Key fundamentals

Market Cap

₹299 Cr

P/E Ratio

37.10Expensive

P/B Ratio

12.64

EPS

₹9.60

Book Value

₹28.20

ROE

41.00%Strong

ROCE

51.01%Efficient

Dividend Yield

0.00%

Debt / Equity

0.12Low

Face Value

₹10.00

52W High

₹480.75

52W Low

₹171.30

Sector

Construction

Industry

Construction Materials

Fairly Valued

Narrow moatHigh uncertainty

Fair value estimate

₹87

No recent traded price

BearFair valueBull

₹74₹87₹100

/100

Business quality — Solid

Growth 50Profitability 77Efficiency 100Valuation 63

Plain English

Our view

High-quality returns — 41% on equity
Low debt relative to equity

Strengths

Low debt relative to equity
Strong returns on equity (41%)
Capital is working hard (ROCE 51%)
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

41% ROE fading to 13% over ~10 yrs, on ₹28 book

₹91

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

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

₹78

Analyst target

No analyst coverage

—

Blended fair value₹87

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Strong returns on equity (41%)
Capital is working hard (ROCE 51%)
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

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

Snapshot

Key statistics

P/E

37.1Expensive

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

ROE

41.0%Strong

Above 15% is considered healthy for Indian equities

ROCE

51.0%Efficient

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

₹299 Cr

P/B

12.64

EPS

₹9.60

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 37.1×

Growth

Strong

+36% rev CAGR

Profitability

Excellent

41.0% ROE

Financial health

Rock solid

D/E 0.12

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+36.5%

+237.0%

10Y

—

Profit

+159.4%

+155.9%

10Y

—

EPS

+126.2%

+82.8%

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 13.0 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 31 Mar 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%-0.03

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

3.1%

Total shareholders

1,144-1 QoQ

Quarterly trend

Ownership over time

Q4 FY26

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.