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Nidhi Granites Ltd consolidated sales down 4.92% on year in Q2FY2026, net profit soared by 49.48%
13-Aug-2026, 04:23
Nidhi Granites Ltd share price dropped 5% to Rs 302.1 after the company's net profit surged by 49.48% to Rs 2.9 crore, while revenue from operations slipped slightly by 4.92% to Rs 15.84 crore in Q2FY26 over Q1FY26. The market capitalization of Other Construction Materials industry group stocks on BSE stood at Rs 12369.84 crore, advancing by 12.23%. It has inched up 1.59% over last one week and softened by 4.76% in last one month while the market capitalization of Nidhi Granites Ltd has softened by 0.30% and 9.55% in the same period respectively. Profit before tax (PBT) of Nidhi Granites Ltd stood at Rs 3.85 crore in Q2 FY26, expanding by 26.23% year-on-year, and rallying 31.40% quarter-on-quarter. EBITDA came in at Rs 4 crore, jumping 31.51% YoY and surging by 20.29% sequentially. Total expenses contracted by 11.74% to Rs 12.18 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3.38 crore, registering a fall of 22.65% YoY, while employee benefits expense was at Rs 1.12 crore, soaring 20.43% YoY. For the TTM ended FY26, revenue from operations jumped by 43.99% to Rs 65.2 crore, while net profit saw a strong growth of 300% to Rs 7.68 crore, compared to previous TTM. EBITDA tanked by 101% to Rs 11.76 crore, and PBT witnessed a strong rise of 324.90% to Rs 10.75 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 5.8 crore in FY26, as against Rs 1.5 crore in FY25. Nidhi Granites Ltd jumped 18.94% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.
Nidhi Granites Ltd share price dropped 5% to Rs 302.1 after the company's net profit surged by 49.48% to Rs 2.9 crore, while revenue from operations slipped slightly by 4.92% to Rs 15.84 crore in Q2FY26 over Q1FY26. The market capitalization of Other Construction Materials industry group stocks on BSE stood at Rs 12369.84 crore, advancing by 12.23%. It has inched up 1.59% over last one week and softened by 4.76% in last one month while the market capitalization of Nidhi Granites Ltd has softened by 0.30% and 9.55% in the same period respectively. Profit before tax (PBT) of Nidhi Granites Ltd stood at Rs 3.85 crore in Q2 FY26, expanding by 26.23% year-on-year, and rallying 31.40% quarter-on-quarter. EBITDA came in at Rs 4 crore, jumping 31.51% YoY and surging by 20.29% sequentially. Total expenses contracted by 11.74% to Rs 12.18 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3.38 crore, registering a fall of 22.65% YoY, while employee benefits expense was at Rs 1.12 crore, soaring 20.43% YoY. For the TTM ended FY26, revenue from operations jumped by 43.99% to Rs 65.2 crore, while net profit saw a strong growth of 300% to Rs 7.68 crore, compared to previous TTM. EBITDA tanked by 101% to Rs 11.76 crore, and PBT witnessed a strong rise of 324.90% to Rs 10.75 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 5.8 crore in FY26, as against Rs 1.5 crore in FY25. Nidhi Granites Ltd jumped 18.94% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.