Nitco Limited - Company overview

Nitcotiles is a listed public limited company, first registered with ROC Mumbai I on 25 July 1966.

1966-07-25 Mumbai, Maharashtra Active Listed Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹100–500 Cr
▼ -0.9%
FY 2025
PROFIT / LOSS
Loss · ₹500–1000 Cr
▼ -370.2%
FY 2025
EBITDA
Loss · ₹100–500 Cr
▼ -1412.4%
FY 2025
NET WORTH
₹100–500 Cr
▲ 152.1%
FY 2025
TOTAL ASSETS
₹500–1000 Cr
▲ 12.1%
FY 2025
EMPLOYEE COUNT
481–490
OPEN CHARGES
9
918.67 cr
PAID-UP CAPITAL
402.58 cr
AUTHORISED CAPITAL
500.00 cr
COMPANY AGE
60 Years 3 Months
since 1966-07-25
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
ACTIVE GST
20
Updated: 2023-02-27 11:33:22
TOTAL MONEY RAISED
₹100–500 Cr
SATISFIED CHARGES
85
4,632.08 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Nitcotiles covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
53/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (38), financial health (55), director (40) and company-foundation signals.
  • Operating for 60+ years.
Compliance Score High risk
38/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score Moderate
55/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2025.
  • Positive net worth.
Director Risk Score High risk
40/100
Board strength, DIN status and churn.
  • 9 directors on the board.
  • Director AJAYBIR SINGH JASBIR SINGH BAKSHI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Nitcotiles Company identity, industry, contact, and registration details from MCA and company records.

Nitcotiles is a listed public limited company, first registered with ROC Mumbai I on 25 July 1966. Its registered office is at 3/A, Recondo Compound, Mumbai, Maharashtra. Earlier names on record include Nitco Tiles Private Limited and Nitco Tiles Limited.

Its filings describe the main line of business as other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities, which made up 13.79% of turnover.

It has nine directors: Priyanka Agarwal, Santhosh Kumar Shet, Harsh Kedia and 6 others. The longest-serving is Vivek Talwar Prannath, on the board since 2014; the most recent to join is Sitanshu Satapathy, appointed in September 2023. Vivek Talwar Prannath is the managing director. The board changed around September 2022, when Bharti Pradeep Dhar, Vivek Grover and Rakesh Hariprasad Kashimpuria stepped down and new directors joined.

Paid-up capital stands at ₹403 crore out of ₹500 crore authorised. The last AGM on record was on 29 September 2025, for accounts made up to 31 March 2025. Nine charges (secured loans) are still open, and 85 more have been paid off. Its shares trade on BSE (532722) and NSE (NITCO).

Manufacturing •••••••• ••••••••
  • Location 3/A, Recondo Compound, Mumbai, Maharashtra - 400030
  • Website nitco.in
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Name History
Legal NameNitco Limited
CIN / LLPINL26920MH1966PLC016547
Company No.016547
Stock Symbol BSE: 532722 | NSE: NITCO
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1966-07-25
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusListed
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Nitcotiles (9) Current board members from MCA filings, including designation and appointment details.

P
Priyanka Agarwal
Director | Since 2022-11-11 | DIN: 08089006
S
Santhosh Kumar Shet
Director | Since 2022-11-11 | DIN: 09784476
H
Harsh Kedia
Director | Since 2022-11-11 | DIN: 09784141
A
Ajaybir Singh Jasbir Singh Bakshi
Director | Since 2022-10-19 | DIN: 07038685
S
Sitanshu Satapathy
CFO | Since 2023-09-05
G
Geeta Gopaldas Karira
Company Secretary | Since 2022-07-14

Financial Performance of Nitcotiles Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2025
Revenue ₹100–500 Cr ▼ -0.9%
P&L Loss · ₹500–1000 Cr ▼ -370.2%
EBITDA Loss · ₹100–500 Cr ▼ -1412.4%
Net worth ₹100–500 Cr ▲ 152.1%

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Charges of Nitcotiles Open and satisfied charges registered against the company with MCA.

Others : 875.01 cr
Open Charges: 9 Satisfied Charges: 85
Open 918.67 cr
Satisfied 4,632.08 cr
LenderAmountStatus
Others
Creation Date: 06 Sep 2024
 50.00 cr Open
Others
Creation Date: 26 Aug 2024
 25.00 cr Open
Others
Creation Date: 23 May 2024
 50.00 cr Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ManufacturingOther manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities13.79
TradeWholesale Trading86.21
Real EstateReal estate activities with own or leased property0

Financial Ratios of Nitcotiles Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

11 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Nitcotiles Ownership and contribution detail from filings. Full breakdown unlocks with your report.

9 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Nitcotiles EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Nitcotiles GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Nitcotiles Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

2 regulatory flags on record

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Nitcotiles MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Nitcotiles Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

6 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Nitcotiles Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Nitcotiles Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Nitcotiles?
MCA does not publish an "owner" field. Nitcotiles is run by its directors, Priyanka Agarwal, Santhosh Kumar Shet, Harsh Kedia and six others, with Vivek Talwar Prannath as managing director. It is owned by its shareholders, and the promoter holding is in the shareholding pattern it files with the stock exchanges.
Who are the current board members and directors of Nitcotiles?
Nitcotiles has nine current directors: Priyanka Agarwal (since November 2022), Santhosh Kumar Shet (since November 2022), Harsh Kedia (since November 2022), Ajaybir Singh Jasbir Singh Bakshi (since October 2022), Sitanshu Satapathy (since September 2023) and Geeta Gopaldas Karira (since July 2022), plus 3 more. Vivek Talwar Prannath is the managing director.
What is CIN of Nitcotiles?
The CIN of Nitcotiles is L26920MH1966PLC016547. Reading it left to right: L means it is listed, 26920 is the industry code it registered under, MH is Maharashtra, 1966 is the year it was registered, PLC is the company type and 016547 is its registration number.
When was Nitcotiles incorporated?
Nitcotiles was incorporated on 25 July 1966 with ROC Mumbai I. That makes it more than 60 years old.
What is the registered address of Nitcotiles?
The registered office on MCA records is 3/A, Recondo Compound, Mumbai, Maharashtra - 400030.
What is the current status of Nitcotiles?
MCA shows Nitcotiles as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Nitcotiles?
You can post to its registered office at 3/A, Recondo Compound, Mumbai, Maharashtra - 400030 and use its website, https://nitco.in.
What industry or business activity is Nitcotiles associated with?
Its MCA filings list the main business as other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities (13.79% of turnover).
What is paid-up capital and authorised share capital of Nitcotiles?
Paid-up capital is ₹403 crore and authorised capital is ₹500 crore, so about 81% of the authorised amount has been issued.
When did Nitcotiles last file accounts and hold an AGM?
The last AGM on record was on 29 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Nitcotiles?
Nine charges against Nitcotiles are still open and 85 have been satisfied.
Have any directors left Nitcotiles?
Yes, 30 former directors are on record. The most recent to leave were Shirish Mohanbhai Suvagia (October 2022), Bharti Pradeep Dhar (September 2022) and Vivek Grover (September 2022).
What is the turnover or revenue of Nitcotiles?
Based on filed financial statements, the revenue of Nitcotiles for FY 2025 was in the ₹100–500 Cr range. That is down 0.9% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Nitcotiles?
For FY 2025, the net worth of Nitcotiles was in the ₹100–500 Cr range.
How can I get the financial details of Nitcotiles?
The latest accounts on record are for FY 2025. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Nitcotiles?
The website on record for Nitcotiles is https://nitco.in.
Which company owns nitco.in?
nitco.in is the website listed for Nitco Limited in its company records.
Is Nitcotiles registered with any stock exchange in India?
It is listed on both BSE (scrip code 532722) and NSE (symbol NITCO).
Nitcotiles - is it listed or unlisted?
Nitcotiles is a listed company, and its CIN starts with L.
What is the ROC code of Nitcotiles?
Nitcotiles is registered with ROC Mumbai I.
What is the company classification of Nitcotiles?
MCA classifies Nitcotiles as: Public Limited Indian Non-Government Company.
Does Nitcotiles have subsidiaries?
Yes, 6 subsidiaries are on record for Nitcotiles.
Does Nitcotiles have GST registrations on file?
Yes, 20 active GST registrations are linked to Nitcotiles, usually one per state it operates in.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.