MarketFriction

Nitta Gelatin India Ltd

NSE NITTAGELA · BSE 506532 · Specialty Chemicals
₹1,664.30 -0.85%
NSE close2026-10-01
52 week range837.05 - 2,087.20
Market cap₹1,544 Cr.
P/E14.9
Price band 20% Delivery 69.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales140134130130132135129139138150162141
Expenses108102110102107107106111112112116106
Operating Profit313220292627232726384534
OPM %22%24%15%22%20%20%18%20%19%25%28%24%
Other Income305149623154
Interest002000000000
Depreciation444333334444
Profit before tax302920272733262625354634
Tax %27%28%33%26%24%25%24%26%27%27%26%26%
Net Profit222113202024201918263425
EPS in Rs23.4521.9015.3621.6522.2626.9221.6221.1120.3028.1637.5427.73
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales357356342303342396506565533527588590
Expenses321320313273306351442452409420450447
Operating Profit36362930364564114124106138143
OPM %10%10%8%10%10%11%13%20%23%20%23%24%
Other Income2951215411211113
Interest877986543211
Depreciation131415151616141415131516
Profit before tax182412713254999116112132140
Tax %53%49%61%33%8%29%29%25%28%25%26%
Net Profit9125512183574848497103
EPS in Rs11.8215.614.903.8212.3819.1536.2677.4491.0292.45107.10113.73
Dividend Payout %21%16%51%39%20%16%11%10%7%9%7%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth5%8%1%10%
Compounded Profit Growth25%41%13%37%
Stock Price CAGR23%49%28%91%
Return on Equity17%22%22%21%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital999999999999
Reserves99105124139141144164192259334413502
Borrowings66921091041088480863914314
Other Liabilities495059545557535860656271
Total Liabilities223256301306313294306345367423515586
Fixed Assets118120110113130121113107114114117148
CWIP9913104427781915
Investments111111111178
Other Assets96127177182179169191230246300372415
Total Assets223256301306313294306345367423515586
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity20201127224019171019475122
Cash from Investing Activity-8-14-3-7-14-10-7-14-18-54-9-182
Cash from Financing Activity-1218-5-20-7-33-12-2-55-3611-37
Net Cash Flow0253-01-3-0128477-97
Free Cash Flow126-71253011282785272
CFO/OP99%73%54%133%93%124%54%33%112%102%95%113%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days232154667637586457586661
Inventory Days100114144153191205161136126156139120
Days Payable514248535949432839444054
Cash Conversion Cycle7293150165209193176172144170165127
Working Capital Days101731312627555570908487
ROCE %6%13%14%7%6%9%12%20%33%35%25%28%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.49%74.49%74.49%74.49%74.49%74.49%74.49%74.49%74.49%74.49%74.49%74.49%
FIIs0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.05%
DIIs0.12%0.12%0.12%0.12%0.12%0.08%0.09%0.35%0.64%0.75%0.93%0.95%
Public25.41%25.40%25.40%25.39%25.40%25.45%25.43%25.17%24.89%24.76%24.59%24.51%
No. of Shareholders10,18311,02811,57311,78312,22912,23912,07811,57411,24810,88110,55111,285

Fundamentals

Market Cap₹ 1,544 Cr.
Current Price₹ 1,703
Stock P/E14.9
Book Value₹ 563
ROCE27.7 %
ROE21.0 %
Dividend Yield0.41 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)10%
Compounded Profit Growth (TTM)37%
Consolidated figures.
Valuation
Market capRs 1,511 Cr
Enterprise valueRs 1,336 Cr
P/E (TTM)14.63x
Price to book2.96x
Price to sales2.56x
EV / EBITDA8.53x
EV / EBIT9.47x
EV / sales2.26x
Price to cash flow12.34x
Earnings yield6.83%
Dividend yield0.42%
P/E, 3-year average7.88x
P/B, 3-year average1.67x
P/E, 5-year average8.58x
P/B, 5-year average1.86x
Profitability
Operating margin (excl. other income)23.45%
Operating margin (incl. other income)25.26%
EBITDA margin26.54%
Pre-tax margin23.77%
Net profit margin17.49%
Net margin, latest quarter17.87%
ROE20.84%
ROCE27.61%
ROA17.66%
ROE, 3-year average23.28%
ROCE, 3-year average30.52%
ROA, 3-year average18.83%
ROE, 5-year average23.49%
ROCE, 5-year average29.31%
ROA, 5-year average17.27%
ROIC (approx.)30.81%
Tax rate26.48%
Other income / net worth2.09%
Growth
Sales growth (latest year)11.72%
Profit growth (latest year)15.84%
Sales CAGR, 3 years1.33%
Sales CAGR, 5 years8.22%
Profit CAGR, 3 years11.41%
Profit CAGR, 5 years41.09%
Sales growth QoQ-12.90%
Profit growth QoQ-26.11%
Sales growth YoY (latest quarter)1.50%
Profit growth YoY (latest quarter)31.35%
Per share
EPS (TTM)Rs 113.73
EPS (latest year)Rs 107.10
EPS (latest quarter)Rs 27.73
EPS, 3-year averageRs 96.86
EPS, 5-year averageRs 80.86
Book value per shareRs 563.10
Sales per shareRs 650.27
Cash flow per shareRs 134.91
Free cash flow per shareRs 79.30
Dividend per share (latest year)Rs 7.01
Dividend per share, 3-year averageRs 7.00
Dividend per share, 5-year averageRs 6.50
Dividends
Dividend payout6.54%
Dividend payout, 3-year average7.26%
Dividend payout, 5-year average8.50%
Efficiency
Asset turnover1.00x
Fixed asset turnover3.98x
Inventory turnover4.16x
Inventory days88 days
Debtor days61 days
Debtors turnover6.03x
Creditor days54 days
Cash conversion cycle127 days
Working capital days87 days
Leverage
Total debtRs 4 Cr
Cash and bankRs 179 Cr
Net debtRs -175 Cr
Debt to equity0.01x
Net debt / EBITDA-1.12x
Interest coverage198.65x
Owners' fund to total sources87.24%
Debt to assets0.72%
Cash flow
Cash from Operating Activity (latest year)Rs 122 Cr
Cash from Investing Activity (latest year)Rs -182 Cr
Cash from Financing Activity (latest year)Rs -37 Cr
Net Cash Flow (latest year)Rs -97 Cr
Free cash flow (latest year)Rs 72 Cr
FCFE (approx.: FCF + change in debt)Rs 46 Cr
Cash from ops / profit, 5 years1.09x
Sales to cash flow4.80x
Statement figures
Net sales (TTM)Rs 590 Cr
Net sales (latest year)Rs 588 Cr
Sales (latest quarter)Rs 141 Cr
Operating profit excl. other income (latest year)Rs 138 Cr
Operating profit (latest quarter)Rs 34 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 157 Cr
PBDT (TTM)Rs 156 Cr
Profit before tax (TTM)Rs 140 Cr
Tax (latest year)Rs 35 Cr
Net profit (TTM)Rs 103 Cr
Net profit (latest year)Rs 97 Cr
Net profit (latest quarter)Rs 25 Cr
Depreciation (TTM)Rs 16 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 356 Cr
Total expenditure (latest year)Rs 450 Cr
Total income (latest year)Rs 599 Cr
Share capitalRs 9 Cr
ReservesRs 502 Cr
Shareholders' fundsRs 511 Cr
Total assetsRs 586 Cr
Net blockRs 148 Cr
Capital work in progressRs 15 Cr
InvestmentsRs 8 Cr
ReceivablesRs 98 Cr
InventoryRs 86 Cr
Other liabilitiesRs 71 Cr
Shares outstanding (crore)0.91
Ownership
Promoter holding74.49% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 14.6 is at the 61th percentile of its own 9.4-year range (median 13.5, low 7.6, high 37.2).
P/B 2.96 is at the 87th percentile (median 1.53).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodNITTAGELANifty 50Difference
1 week-2.1%-2.8% +0.7 pts
1 month+2.0%-6.8% +8.8 pts
3 months-3.7%-7.6% +4.0 pts
3 years+105.2%+14.2% +91.0 pts
5 years+605.1%+27.9% +577.2 pts

Red flags

F-score 7 of 8
No red flags in the latest statements and filings.
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

Jun 2026
Sales ₹141 Cr +1.4% vs Jun 2025. Net profit ₹25 Cr +31.6%.
Against our estimate for Jun 2026: sales -14.3%, profit -2.0% in line. Our estimate for Sep 2026: sales Rs 157 Cr, profit Rs 27 Cr (how).

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-24Dividend - Rs 7 Per Share
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.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 months

Quick answers

What is the market cap of Nitta Gelatin India Ltd?

Nitta Gelatin India Ltd (NITTAGELA) has a market capitalisation of Rs 1,544 Cr. at the 2026-10-01 close.

What is the P/E ratio of Nitta Gelatin India Ltd?

Nitta Gelatin India Ltd trades at a P/E of 14.9 on trailing twelve-month profit, at the 2026-10-01 close.

What were Nitta Gelatin India Ltd's latest quarterly results?

In the Jun 2026 quarter, Nitta Gelatin India Ltd sales was Rs 141 Cr (+1.4% vs Jun 2025) and net profit was Rs 25 Cr.

What is the 52-week high and low of Nitta Gelatin India Ltd?

The 52-week high is Rs 2,087.20 and the 52-week low is Rs 837.05.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03