Nidhi Granites Ltd. (BSE: 512103) is a Mumbai, Maharashtra-based company in the Paper Manufacturing industry. With a market capitalisation of ₹187 Cr, it ranks #2,719 by market cap among the 6,137 Indian listed companies on FinBizNet, and #8 of 14 in Paper Manufacturing. At ₹235.55 (as of 25 Oct 2026), the share price is 51.0% below its 52-week high of ₹480.75 and 29.8% above its 52-week low of ₹181.45. The share price is down 39.0% over one year and down 27.7% over three months.
| Current Price | ₹235.55 |
|---|---|
| Market Cap | ₹187 Cr |
| BSE Code | 512103 |
| Sector | Materials > Paper and Forest Products |
| Sub-Industry | Paper Products > Paper Manufacturing |
| P/E Ratio | 23.9 |
| Return on Equity | 41.03% |
| Return on Assets | 25.24% |
| 52-Week Range | ₹181.45 – ₹480.75 |
| 1-Year Price Change | -39.0% |
| 3-Month Price Change | -27.7% |
| Beta (1Y) | 1.13 |
| Headquarters | Mumbai, Maharashtra |
| Website | www.nidhigranites.com |
Nidhi Granites Limited manufactures and trades in granite and marble slabs, tiles, and sandstone and limestone products primarily in India. It also offers paper and paperboard products, garments, and construction materials. The company was incorporated in 1981 and is based in Mumbai, India.
1. Paper and Paperboard-This segment offers paper and paperboard products. 2. Garments-This segment offers garments. 3. Construction Material-This segment offers construction materials. 4. Financial Technology and Related Services-This segment provides financial technology and related services.
1. Construction Material-0.3% 2. Paper and Paperboard-73.3% 3. Financial Technology and Related Services-26.4% 4. Garments-0%
| Company | Market Cap | P/E | ROE | Latest Qtr Revenue | 1Y Change |
|---|---|---|---|---|---|
| Jk Paper Ltd | ₹7,173 Cr | 26.4 | 4.78% | ₹1,887 Cr | -11.2% |
| Seshasayee Paper And Boards Limited (Seshapaper) | ₹1,316 Cr | 15.3 | 4.10% | ₹503 Cr | -21.7% |
| ASGARD ALCOBEV LIMITED | ₹1,021 Cr | 318.5 | — | — | -39.0% |
| Tamil Nadu Newsprint & Papres (Tnpl) | ₹964 Cr | 3.8 | 11.25% | ₹1,147 Cr | -15.1% |
| Shree Rama Newsprint Ltd | ₹442 Cr | -12.8 | 70.20% | ₹10 Cr | -9.4% |
| Shree Ajit Pulp & Paper Ltd | ₹296 Cr | 8.4 | 11.42% | — | — |
| South India Paper Mills Ltd. | ₹221 Cr | 20.2 | 4.96% | — | +65.4% |
| Nidhi Granites Ltd. | ₹187 Cr | 23.9 | 41.03% | — | -39.0% |
| NIKITA GREENTECH RECYCLING LIMITED | ₹163 Cr | 14.6 | — | — | — |
Listed by market capitalisation. Ratios are shown for context only.
Nidhi Granites Ltd. is trading at ₹235.55, with a market capitalisation of ₹187 Cr.
Nidhi Granites Ltd. operates in the Materials > Paper and Forest Products space (Paper Products > Paper Manufacturing).
Nidhi Granites Ltd. has a P/E of 23.9 and a return on equity of 41.03%.
Nidhi Granites Ltd. is listed on the BSE under the scrip code 512103.
Nidhi Granites Ltd.'s share price is down 39.0% over one year and down 27.7% over three months. Its 52-week range is ₹181.45 to ₹480.75.
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.