Price
Financials
Standalone, Rs crore| Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales | 179 | 166 | 198 | 178 | 172 |
| Expenses | 156 | 146 | 174 | 162 | 160 |
| Operating Profit | 23 | 20 | 24 | 16 | 12 |
| OPM % | 13% | 12% | 12% | 9% | 7% |
| Other Income | 10 | 7 | 8 | 8 | 8 |
| Interest | 8 | 8 | 9 | 10 | 8 |
| Depreciation | 6 | 5 | 5 | 5 | 5 |
| Profit before tax | 20 | 14 | 18 | 10 | 7 |
| Tax % | 36% | 29% | 30% | 34% | 29% |
| Net Profit | 13 | 10 | 13 | 6 | 5 |
| EPS in Rs | 6.95 | 5.57 | 7.10 | 2.56 | 1.95 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 99 | 117 | 355 | 398 | 338 | 363 | 350 |
| Expenses | 91 | 105 | 327 | 371 | 298 | 318 | 322 |
| Operating Profit | 8 | 12 | 28 | 28 | 40 | 45 | 28 |
| OPM % | 8% | 11% | 8% | 7% | 12% | 12% | 8% |
| Other Income | 0 | 0 | 2 | 3 | 13 | 15 | 16 |
| Interest | 4 | 5 | 11 | 11 | 14 | 17 | 18 |
| Depreciation | 3 | 4 | 11 | 10 | 10 | 10 | 9 |
| Profit before tax | 2 | 3 | 8 | 10 | 29 | 33 | 16 |
| Tax % | 56% | 6% | 15% | 12% | 28% | 30% | 32% |
| Net Profit | 1 | 3 | 7 | 9 | 21 | 23 | 11 |
| EPS in Rs | 11.40 | 12.67 | 4.52 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 24% | -4% | -4% | ||
| Compounded Profit Growth | % | 30% | 9% | -52% | ||
| Stock Price CAGR | % | % | % | -37% | ||
| Return on Equity | % | 17% | 17% | 8% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 9 | 9 | 18 | 18 | 25 |
| Reserves | 16 | 19 | 37 | 46 | 63 | 86 | 154 |
| Borrowings | 82 | 153 | 125 | 163 | 189 | 223 | 237 |
| Other Liabilities | 9 | 15 | 64 | 39 | 34 | 56 | 74 |
| Total Liabilities | 111 | 192 | 235 | 257 | 304 | 383 | 490 |
| Fixed Assets | 24 | 99 | 88 | 79 | 96 | 86 | 77 |
| CWIP | 32 | 1 | 6 | 19 | 0 | 2 | 80 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Other Assets | 56 | 92 | 140 | 157 | 207 | 293 | 332 |
| Total Assets | 111 | 192 | 235 | 257 | 304 | 383 | 490 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -1 | -10 | 28 | -13 | -12 | -20 | 19 |
| Cash from Investing Activity | -32 | -48 | -11 | -14 | -3 | -2 | -78 |
| Cash from Financing Activity | 34 | 59 | -16 | 27 | 18 | 17 | 60 |
| Net Cash Flow | 2 | 1 | 1 | 0 | 3 | -5 | 1 |
| Free Cash Flow | -33 | -58 | 17 | -27 | -15 | -22 | -59 |
| CFO/OP | -3% | -73% | 104% | -43% | -19% | -22% | 85% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 109 | 155 | 89 | 85 | 134 | 110 | 129 |
| Inventory Days | 61 | 150 | 65 | 53 | 69 | 86 | 74 |
| Days Payable | 28 | 49 | 73 | 29 | 28 | 55 | 61 |
| Cash Conversion Cycle | 142 | 257 | 80 | 109 | 175 | 142 | 143 |
| Working Capital Days | 47 | 82 | 32 | 26 | 31 | 64 | 128 |
| ROCE % | 6% | 11% | 11% | 16% | 17% | 9% |
| May 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|
| Promoters | 58.95% | 58.95% | 58.95% |
| FIIs | 8.61% | 3.01% | 0.90% |
| DIIs | 1.57% | 0.07% | 0.00% |
| Public | 30.88% | 37.97% | 40.15% |
| No. of Shareholders | 2,290 | 903 | 723 |
Fundamentals
Market Cap₹ 173 Cr.
Current Price₹ 70.0
Stock P/E15.5
Book Value₹ 72.5
ROCE9.29 %
ROE7.88 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-4%
Compounded Profit Growth (TTM)-52%
Standalone figures.
Valuation
Market capRs 163 Cr
Enterprise valueRs 321 Cr
P/E (TTM)18.85x
Price to book2.98x
Price to sales0.41x
EV / EBITDA10.51x
EV / EBIT15.56x
EV / sales0.81x
Earnings yield5.31%
Profitability
Operating margin (excl. other income)6.93%
Operating margin (incl. other income)7.67%
EBITDA margin7.67%
Pre-tax margin2.46%
Net profit margin2.17%
ROE17.16%
ROCE10.62%
ROA3.52%
ROE, 3-year average16.95%
ROCE, 3-year average9.16%
ROA, 3-year average2.93%
ROIC (approx.)8.56%
Tax rate11.75%
Other income / net worth5.44%
Growth
Sales growth (latest year)12.19%
Profit growth (latest year)24.46%
Sales CAGR, 3 years58.83%
Profit CAGR, 3 years124.94%
Per share
EPS (TTM)Rs 3.51
EPS (latest year)Rs 10.04
EPS, 3-year averageRs 8.04
Book value per shareRs 22.19
Sales per shareRs 161.43
Cash flow per shareRs -5.28
Free cash flow per shareRs -23.92
Efficiency
Asset turnover1.55x
Fixed asset turnover5.02x
Inventory turnover8.66x
Inventory days42 days
Debtor days85 days
Debtors turnover4.27x
Creditor days61 days
Cash conversion cycle143 days
Working capital days128 days
Leverage
Total debtRs 163 Cr
Cash and bankRs 5 Cr
Net debtRs 158 Cr
Debt to equity2.98x
Net debt / EBITDA5.17x
Interest coverage1.90x
Owners' fund to total sources21.32%
Debt to assets63.48%
Cash flow
Cash from Operating Activity (latest year)Rs -13 Cr
Cash from Investing Activity (latest year)Rs -14 Cr
Cash from Financing Activity (latest year)Rs 27 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -59 Cr
FCFE (approx.: FCF + change in debt)Rs -21 Cr
Cash from ops / profit, 5 years0.03x
Statement figures
Net sales (TTM)Rs 398 Cr
Net sales (latest year)Rs 398 Cr
Operating profit excl. other income (latest year)Rs 28 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 31 Cr
PBDT (TTM)Rs 20 Cr
Profit before tax (TTM)Rs 10 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 9 Cr
Net profit (latest year)Rs 9 Cr
Depreciation (TTM)Rs 10 Cr
Interest (TTM)Rs 11 Cr
Cost of goods sold (latest year)Rs 363 Cr
Total expenditure (latest year)Rs 371 Cr
Total income (latest year)Rs 401 Cr
Share capitalRs 9 Cr
ReservesRs 46 Cr
Shareholders' fundsRs 55 Cr
Total assetsRs 257 Cr
Net blockRs 79 Cr
Capital work in progressRs 19 Cr
InvestmentsRs 1 Cr
ReceivablesRs 93 Cr
InventoryRs 42 Cr
Other liabilitiesRs 39 Cr
Shares outstanding (crore)2.47
Ownership
Promoter holding58.95%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | NIKITA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.0% | -2.8% | +2.8 pts |
| 1 month | -13.0% | -6.8% | -6.2 pts |
| 3 months | -32.7% | -7.6% | -25.1 pts |
| 6 months | -44.0% | +0.4% | -44.4 pts |
| 1 year | -45.1% | -9.9% | -35.2 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was 28% of net profit over the last 3 years |
| explain | Share dilution Share count up 0% in a year, 68% in three |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Mar 2026Sales ₹172 Cr -3.9% vs Mar 2024.
Net profit ₹5 Cr -61.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| JK Paper Ltd | 7,096 | 21.7 | 7.39 % |
| West Coast Paper Mills Ltd | 4,641 | 20.2 | 6.17 % |
| Seshasayee Paper & Boards Ltd | 1,535 | 15.5 | 5.60 % |
| Andhra Paper Ltd | 1,427 | 51.7 | 0.04 % |
| N R Agarwal Industries Ltd | 1,125 | 17.0 | 8.49 % |
| Tamil Nadu Newsprint & Papers Ltd | 1,053 | 4.04 | 6.41 % |
| Pudumjee Paper Products Ltd | 898 | 9.86 | 18.1 % |
| Emami Paper Mills Ltd | 718 | 7.60 | 11.4 % |
| Satia Industries Ltd | 687 | 3.94 % | |
| Kuantum Papers Ltd | 671 | 18.6 | 5.24 % |
| Prabhatam Infra Venture Ltd | 614 | -97.1 % | |
| Shree Rama Newsprint Ltd | 464 | 0.93 % | |
| Pakka Ltd | 350 | 25.2 | 3.31 % |
| Orient Paper & Industries Ltd | 343 | -4.24 % | |
| Ruchira Papers Ltd | 313 | 9.39 | 11.1 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
High low price variation greater than 100perc in previous 6 monthsLess than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Quick answers
What is the market cap of Nikita Greentech Recycling Ltd?
Nikita Greentech Recycling Ltd (NIKITA) has a market capitalisation of Rs 173 Cr. at the 2026-10-01 close.
What is the P/E ratio of Nikita Greentech Recycling Ltd?
Nikita Greentech Recycling Ltd trades at a P/E of 15.5 on trailing twelve-month profit, at the 2026-10-01 close.
What were Nikita Greentech Recycling Ltd's latest quarterly results?
In the Mar 2026 quarter, Nikita Greentech Recycling Ltd sales was Rs 172 Cr (-3.9% vs Mar 2024) and net profit was Rs 5 Cr.
What is the 52-week high and low of Nikita Greentech Recycling Ltd?
The 52-week high is Rs 156.00 and the 52-week low is Rs 63.00.