NITTAGELA
Nitta Gelatin India share price & financials
- Price
- ₹1,880
- Market cap
- ₹1.5k Cr
- Sector
- Chemicals
Quarterly results
Q1 FY27: revenue up 1.4%, net profit up 31.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 132 | 135 | 129 | 139 | 138 +5% | 150 +11% | 162 +26% | 141 +1% |
| EBITDA | 25 | 27 | 23 | 27 | 26 +4% | 38 +41% | 45 +96% | 34 +26% |
| Net profit | 20 | 24 | 19 | 19 | 26 +30% | 31 +29% | 34 +79% | 25 +32% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +83.3% 1Y
1Y: ₹897.4 on 10 Sept 2025 → ₹1,645.3. High ₹2,032.8 (10 Jul 2026), low ₹777.05 (23 Mar 2026).
Financials, as filed
Revenue grew 11.7% a year over 2 years, FY24 to FY26. Operating margin held at 23.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹472 Cr | ₹527 Cr | ₹589 Cr |
| Operating profit | ₹110 Cr | ₹103 Cr | ₹136 Cr |
| Operating margin | 23.3% | 19.5% | 23.1% |
| Interest | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹15 Cr | ₹12 Cr | ₹15 Cr |
| Net profit | ₹82 Cr | ₹82 Cr | ₹110 Cr |
| Net margin | 17.4% | 15.6% | 18.7% |
| Cash from operations | ₹79 Cr | ₹61 Cr | ₹125 Cr |
| Free cash flow | ₹67 Cr | ₹37 Cr | ₹73 Cr |
| ROCE | 37.0% | 26.0% | 31.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr | ₹9 Cr |
| Reserves | ₹154 Cr | ₹176 Cr | ₹231 Cr | ₹307 Cr | ₹443 Cr | ₹486 Cr |
| Borrowings | ₹75 Cr | ₹80 Cr | ₹33 Cr | ₹27 Cr | ₹21 Cr | ₹9 Cr |
| Other liabilities | ₹49 Cr | ₹51 Cr | ₹53 Cr | ₹57 Cr | ₹68 Cr | ₹66 Cr |
| Total liabilities | ₹287 Cr | ₹316 Cr | ₹326 Cr | ₹400 Cr | ₹541 Cr | ₹570 Cr |
| Fixed assets | ₹108 Cr | ₹102 Cr | ₹109 Cr | ₹106 Cr | ₹144 Cr | ₹148 Cr |
| Capital work in progress | ₹2 Cr | ₹7 Cr | ₹7 Cr | ₹8 Cr | ₹5 Cr | ₹15 Cr |
| Investments | ₹4 Cr | ₹4 Cr | ₹5 Cr | ₹5 Cr | ₹8 Cr | ₹5 Cr |
| Other assets | ₹172 Cr | ₹202 Cr | ₹206 Cr | ₹281 Cr | ₹385 Cr | ₹403 Cr |
| Total assets | ₹287 Cr | ₹316 Cr | ₹326 Cr | ₹400 Cr | ₹541 Cr | ₹570 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −0.66 pp while DIIs added +0.60 pp. The shareholder count shrank 2% to 11,285.
- Promoters
- 74.5%
- FIIs
- 0.1%
- DIIs
- 0.9%
- Public
- 24.5%
Since Jun 2025
- Public −0.66 pp
- DIIs +0.60 pp
- FIIs +0.05 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 74.5%, DIIs 0.1%, Public 25.4%.Dec '23: Promoters 74.5%, DIIs 0.1%, Public 25.4%.Mar '24: Promoters 74.5%, DIIs 0.1%, Public 25.4%.Jun '24: Promoters 74.5%, FIIs 0.0%, DIIs 0.1%, Public 25.4%.Sep '24: Promoters 74.5%, DIIs 0.1%, Public 25.4%.Dec '24: Promoters 74.5%, DIIs 0.1%, Public 25.4%.Mar '25: Promoters 74.5%, DIIs 0.1%, Public 25.4%.Jun '25: Promoters 74.5%, DIIs 0.3%, Public 25.2%.Sep '25: Promoters 74.5%, DIIs 0.6%, Public 24.9%.Dec '25: Promoters 74.5%, DIIs 0.8%, Public 24.8%.Mar '26: Promoters 74.5%, DIIs 0.9%, Public 24.6%.Jun '26: Promoters 74.5%, FIIs 0.1%, DIIs 0.9%, Public 24.5%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Nitta Gelatin India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nitta Gelatin Inc | 42.96% | unchanged |
| Kerala State Industrial Development Corporation NBFC / DFI | 31.53% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
AttractiveTo justify its price of ₹1645, this stock must grow earnings at 6% every year for 7 years. Our analysis caps realistic growth at ~16%. At that growth it is worth ₹2784 — upside of 69%.
- Growth the price implies
- 5.9% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 15.8% a year
- net profit, FY24–FY26 · EPS 15.8%
- The gap
- -0.1 pp
- 69% downside if it only repeats history
Learn to analyse Nitta Gelatin India Limited
Guides on how to read this kind of business and the numbers that matter.