Nikita Greentech Recycling Ltd.

•

nikitapapers.comBSE: -NSE: NIKITA

Market Cap₹ 173 Cr.

Current Price

High / Low₹ 156 / 67

Stock P/E15.5

Book Value₹ 45

Price to Book1.56

Dividend Yield0.00 %

ROCE16.6 %

ROE24.9 %

Face Value₹ 10

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ABOUT

PROS

Company has a good return on equity (ROE) track record: 3 Years ROE 22.8%
Company has delivered good sales growth of 29.6% CAGR over last 5 years
Operating margins have improved to 12.3% from 7.8%
Attractively priced for its growth - PEG of 0.2

CONS

Company has a high debt-to-equity of 2.14x
Operating cash flow has been negative in recent years
A large part of profit comes from other income (45.2% of PBT)
Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.46x)
Equity base is being diluted - shares outstanding up 111.0%
Free cash flow has been persistently negative

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Forest MaterialsPaperPaper & Paper Products

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	JKPAPER	414.75	23.19	7520.20	0.96	136.27	59.49	1887.17	12.72	7.80	15.39
2.	WSTCSTPAPR	713.10	20.51	4709.95	0.42	141.84	135.37	1051.26	10.12	7.11	19.34
3.	SESHAPAPER	251.25	16.00	1584.59	0.80	31.91	106.80	492.08	27.68	5.60	8.85
4.	ANDHRAPAP	73.29	52.76	1457.37	0.68	303.16	1322.95	3937.71	900.89	1.99	12.39
5.	NRAIL	629.10	17.23	1070.67	0.32	34.98	111.33	646.96	43.09	8.25	11.48
6.	TNPL	153.15	4.06	1059.96	2.61	5.74	177.46	1146.64	1.53	5.85	10.02
7.	PDMJEPAPER	97.76	10.19	928.23	0.61	337.20	830.46	2029.20	932.93	20.10	17.53
8.	SATIA	68.40	0.00	684.00	0.29	-17.12	-154.18	361.81	-2.45	3.99	14.04
9.	KUANTUM	76.62	18.51	668.61	3.26	62.30	416.58	3037.50	1262.60	5.24	13.20
10.	BBTCL	227.00	13.99	465.61	0.00	14.39	727.77	180.47	18.53	3.03	18.69
11.	RAMANEWS	31.08	0.00	458.50	0.00	-10.50	-29.46	9.72	6.02	1.87	-7.68
12.	NIKITA	70.10	15.53	172.92	0.00	—	—	—	—	16.57	—

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	81	92	106	109	100	118	356	398	339	364
	76	85	99	101	92	106	329	371	298	320
Operating Profit	5	7	8	8	8	12	28	28	40	45
OPM %	5.94%	7.83%	7.25%	7.50%	8.11%	10.44%	7.77%	6.95%	11.88%	12.30%
	0	0	0	0	0	0	0	0	13	15
Interest	2	3	4	4	4	5	11	11	14	17
Depreciation	2	3	3	3	3	4	11	10	10	10
Profit before Tax	1	1	1	2	2	3	6	7	29	33
Tax %	32.14%	28.82%	30.17%	18.06%	56.11%	5.62%	30.39%	24.87%	27.74%	29.49%
Net Profit	0	1	1	1	1	3	5	5	21	23
EPS	0.00	1.38	1.79	2.62	1.48	6.00	8.81	3.32	11.40	12.67
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

COMPOUNDED SALES GROWTH

10 Years:: 19%
5 Years:: 30%
3 Years:: 1%

COMPOUNDED PROFIT GROWTH

10 Years:: 43%
5 Years:: 98%
3 Years:: 72%

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -42%

RETURN ON EQUITY

10 Years:: 13%
5 Years:: 20%
3 Years:: 23%
Last Year:: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	5	5	5	5	5	5	9	9	18	18
	12	13	14	15	16	19	41	46	63	86
	38	40	40	43	82	145	141	156	179	209
Trade Payables	2	5	5	4	4	9	29	24	16	37
	3	4	5	5	4	14	19	22	28	33
Total Liabilities	61	67	69	71	111	192	239	257	304	383
	28	27	27	26	24	99	93	84	96	86
Capital Work in Progress	2	0	0	0	32	1	6	19	0	2
	0	0	0	0	0	0	1	1	1	1
	6	5	9	14	9	28	41	42	42	59
	0	0	0	0	0	0	0	0	124	110
Cash & Bank	1	1	2	1	3	4	5	5	8	3
	23	33	31	30	43	60	92	106	33	122
Total Assets	61	67	69	71	111	192	239	257	304	383

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-4	3	7	3	-0	-9	10	11	-12	-20
Cash from Investing	-8	-0	-2	-2	-32	-48	-11	-14	-3	-2
Cash from Financing	11	-2	-4	-2	34	59	3	5	18	17
	-0	1	1	-1	2	1	1	0	3	-5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2025	Mar 2026
	61.89	61.89	61.89	64.77	64.77	47.16	58.95	58.95
	0.00	0.00	0.00	0.00	0.00	0.00	3.01	0.90
	0.00	0.00	0.00	0.00	0.00	0.00	0.07	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	38.11	38.11	38.11	35.23	35.23	52.84	37.97	40.15

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for NIKITA

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Nikita Greentech Recycling Ltd.

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Name

JKPAPER

414.75

23.19

7520.20

0.96

136.27

59.49

1887.17

12.72

7.80

15.39

WSTCSTPAPR

713.10

20.51

4709.95

0.42

141.84

135.37

1051.26

10.12

7.11

19.34

SESHAPAPER

251.25

16.00

1584.59

0.80

31.91

106.80

492.08

27.68

5.60

8.85

ANDHRAPAP

73.29

52.76

1457.37

0.68

303.16

1322.95

3937.71

900.89

1.99

12.39

NRAIL

629.10

17.23

1070.67

0.32

34.98

111.33

646.96

43.09

8.25

11.48

TNPL

153.15

4.06

1059.96

2.61

5.74

177.46

1146.64

1.53

5.85

10.02

PDMJEPAPER

97.76

10.19

928.23

0.61

337.20

830.46

2029.20

932.93

20.10

17.53

SATIA

68.40

0.00

684.00

0.29

-17.12

-154.18

361.81

-2.45

3.99

14.04

KUANTUM

76.62

18.51

668.61

3.26

62.30

416.58

3037.50

1262.60

5.24

13.20

BBTCL

227.00

13.99

465.61

0.00

14.39

727.77

180.47

18.53

3.03

18.69

RAMANEWS

31.08

0.00

458.50

0.00

-10.50

-29.46

9.72

6.02

1.87

-7.68

NIKITA

70.10

15.53

172.92

0.00

—

16.57

—

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

106

109

100

118

356

398

339

364

101

106

329

371

298

320

Operating Profit

OPM %

5.94%

7.83%

7.25%

7.50%

8.11%

10.44%

7.77%

6.95%

11.88%

12.30%

Interest

Depreciation

Profit before Tax

Tax %

32.14%

28.82%

30.17%

18.06%

56.11%

5.62%

30.39%

24.87%

27.74%

29.49%

Net Profit

EPS

0.00

1.38

1.79

2.62

1.48

6.00

8.81

3.32

11.40

12.67

Dividend Payout %

0.00%

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Equity Capital

145

141

156

179

209

Trade Payables

Total Liabilities

111

192

239

257

304

383

Capital Work in Progress

124

110

Cash & Bank

106

122

Total Assets

111

192

239

257

304

383

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

-4

-0

-9

-12

-20

Cash from Investing

-8

-0

-2

-32

-48

-11

-14

-3

-2

Cash from Financing

-2

-4

-2

-0

-1

-5

Mar 2016

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Sep 2025

Mar 2026

61.89

64.77

47.16

58.95

0.00

3.01

0.90

0.00

0.07

0.00

Government

0.00

38.11

35.23

52.84

37.97

40.15

Nikita Greentech Recycling Ltd.

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

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Nikita Greentech Recycling Ltd.

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI