Nikita Greentech Recycling Limited

Nikita Greentech Recycling Limited (NIKITA) is a micro-cap Forest Materials company valued at ₹163 crore operating in Paper & Paper Products on the NSE and BSE.

Recent price move

Nikita Greentech Recycling Limited last traded at ₹66, unchanged on the day.

Recent developments

On 2026-03-31, the company reported its latest financial results, showing a continued decline in net profit compared to the same quarter a year earlier. The company has not paid any dividends despite reporting profits, which may indicate a focus on reinvestment rather than shareholder returns.

Financial performance

The company's annual revenue fell 3.6% to ₹350 crore, while annual net profit dropped 51.6% to ₹11 crore. In the latest quarter, revenue declined 13.1% to ₹172 crore and net profit fell 61.5% to ₹5 crore compared to the same quarter a year earlier. The net profit margin narrowed significantly to 3.2% from 6.3% in the prior year.

Valuation multiples

The stock trades at 14.6 times earnings, 1.09 times book value.

Things to watch

The company's net profit margin has declined by 3.2 percentage points, and its return on equity is low at 6.2%. The stock is 57.6% below its 52-week high, and the company has not distributed any dividends to shareholders despite reporting profits. The net profit has also fallen sharply in the latest quarter.

Where it stands

Nikita Grentec Recycl Ltd's business has seen a significant drop in net profit, with annual net profit falling 51.6% and the latest quarter net profit declining 61.5% compared to the same quarter a year earlier. The stock is 57.6% below its 52-week high, and the company has not paid any dividends despite reporting profits. The net profit margin has also narrowed to 3.2%.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.