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Nikita Greentech Recycling

NIKITA NSE
₹63.65 No trade today
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MCP
Close 3 Nov 2026 ₹63.65 −55.45 −46.6% 1Y
Start ₹119.10

Key Fundamentals

SMEPaper, Forest & Jute ProductsForest Materials

Price-based figures as of · TTM

ROCE
9.39%
Debt to Equity
1.32
EPS (TTM)
—
Book Value
₹70.21
Market Cap
—
P/E (TTM)
—
P/B
0.91
ROE
7.78%
Dividend Yield
0.00%
EBITDA
₹43.60 Cr
52W High
₹156.00
52W Low
₹56.65
Volume
0

Peer Comparison

Commodities › Forest Materials › Paper & Paper Products

Nikita Greentech Recycling peer comparison
JK Paper
₹368.3020.58₹6,706 Cr1.181.09%4.77%7.39%₹7,319 Cr₹328 Cr
West Coast Paper Mills
₹829.7023.86₹5,327 Cr1.520.37%4.25%6.17%₹4,375 Cr₹238 Cr
Seshasayee Paper & Boards
₹217.9913.88₹1,302 Cr0.650.97%4.10%5.60%₹1,817 Cr₹99 Cr
Andhra Paper
₹64.1146.12₹1,267 Cr0.650.79%−1.66%0.04%₹1,702 Cr₹28 Cr
N R Agarwal Industries
₹669.4018.33₹1,174 Cr1.400.28%6.04%8.49%₹2,340 Cr₹62 Cr
Tamil Nadu Newsprint & Papers
₹139.903.71₹929 Cr0.422.97%11.20%6.41%₹4,649 Cr₹261 Cr
Pudumjee Paper Products
₹87.649.14₹830 Cr1.150.69%12.80%18.10%₹814 Cr₹92 Cr
Nikita Greentech Recycling (this company)
₹63.65—₹157 Cr0.910.00%7.78%9.39%——
Median 8 companies₹178.9518.33₹1,221 Cr1.030.74%5.40%6.90%₹2,340 Cr₹99 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

43 Weak

Data confidence 84/100

Category scores

Quality
59
Good
Returns, margins, earnings quality 22% weight
Valuation
38
Weak
Cheap vs sector & own history 24% weight
Growth
28
Poor
Sales & profit trajectory 9% weight
Financial Health
20
Poor
Solvency, leverage, coverage 9% weight
Momentum
11
Poor
Trend strength, vol-adjusted 12% weight
Ownership
58
Good
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 1.00 times its book value

Weaknesses

4
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Earnings include an other income of Rs.15.7 Cr.
  • Working capital days have increased from 74.5 days to 129 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1063
OscillatorsBearish261
Moving AveragesStrong Bearish802

Key readings

RSI (14)
46.53
Neutral
MACD (12,26,9)
−2.34
Bullish
SMA (50)
69.24
Bearish
SMA (200)
98.85
Bearish

As of

Growth Rate

From the financial statements below. 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025.

Revenue

Revenue growth by window
5Y+24.36%
3Y−4.38%
1Y−5.69%

Net profit

Net profit growth by window
5Y+29.67%
3Y+6.92%
1Y−52.17%

Operating cash flow

Operating cash flow growth by window
5YTurned positive
3YTurned positive
1YTurned positive

Operating margin· change in pp

Operating margin growth by window
5Y−2.21 pp
3Y+1.01 pp
1Y−5.50 pp

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

Revenue by year

Revenue by year, ₹ crore
Mar 2020₹99.00 Cr
Mar 2021₹117 Cr
Mar 2022₹355 Cr
Mar 2023₹398 Cr
Mar 2024₹338 Cr
Mar 2025₹369 Cr
Mar 2026₹348 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2020₹1.00 Cr
Mar 2021₹3.00 Cr
Mar 2022₹7.00 Cr
Mar 2023₹9.00 Cr
Mar 2024₹21.00 Cr
Mar 2025₹23.00 Cr
Mar 2026₹11.00 Cr

Half-yearly Results

₹ Cr
NIKITA half-yearly results, ₹ crore
Particulars Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales
179
166
198
178
172
Expenses
156
146
174
162
160
Operating Profit
23
20
24
16
12
OPM %
13%
12%
12%
9%
7%
Other Income
10
7
8
8
8
Interest
8
8
9
10
8
Depreciation
6
5
5
5
5
PBT
20
14
18
10
7
Tax %
36%
29%
30%
34%
29%
Net Profit
13
10
13
6
5
EPS (₹)
6.95
5.57
7.1
2.56
1.95

Profit & Loss

₹ Cr
NIKITA profit and loss, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales
99
117
355
398
338
369
348
Expenses
91
105
327
371
298
318
320
Operating Profit
8
12
28
28
40
50
28
OPM %
8%
11%
8%
7%
12%
14%
8%
Other Income
0
0
2
3
13
9
16
Interest
4
5
11
11
14
17
19
Depreciation
3
4
11
10
10
10
9
PBT
2
3
8
10
29
33
16
Tax %
56%
6%
15%
12%
28%
30%
32%
Net Profit
1
3
7
9
21
23
11
EPS (₹)
—
—
—
—
11.4
12.67
4.52
Div. Payout %
0%
0%
0%
0%
0%
0%
0%

Balance Sheet

₹ Cr
NIKITA balance sheet, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
5
5
9
9
18
18
25
Reserves
16
19
37
46
63
86
154
Borrowings
82
153
125
163
189
223
237
Other Liabilities
9
15
64
39
34
56
74
Total Liabilities
111
192
235
257
304
383
490
Fixed Assets
24
99
88
79
96
86
77
CWIP
32
1
6
19
0
2
80
Investments
0
0
1
1
1
1
1
Other Assets
56
92
140
157
207
293
332
Total Assets
111
192
235
257
304
383
490

Cash Flow

₹ Cr
NIKITA cash flow, annual, ₹ crore
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−1
−10
28
−13
−12
−20
19
Investing
−32
−48
−11
−14
−3
−2
−78
Financing
34
59
−16
27
18
17
60
Net Cash Flow
2
1
1
0
3
−5
1
Free Cash Flow
−33
−58
17
−27
−15
−22
−59
CFO/OP
−3
−73
104
−43
−19
−20
84

Ratios

NIKITA financial ratios, annual
Particulars Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
109
155
89
85
134
109
130
Inventory Days
61
150
65
53
69
86
74
Days Payable
28
49
73
29
28
55
61
Cash Conversion Cycle
142
257
80
109
175
140
143
Working Capital Days
47
82
32
26
31
64
129
ROCE %
—
6%
11%
11%
16%
17%
9%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Nikita Greentech Recycling insights

54 extracted metrics across FY20–FY26.

Shareholding Pattern

As of Sep 2026

  • Promoters 60.14%
  • Public 27.34%
  • Others 11.62%
  • FIIs 0.90%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Nikita Greentech Recycling

What does Nikita Greentech Recycling Ltd do?
Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of paper and paper products.
Where is Nikita Greentech Recycling Ltd (NIKITA) listed?
Nikita Greentech Recycling Ltd trades as NIKITA on the NSE.
Which sector does Nikita Greentech Recycling Ltd belong to?
Nikita Greentech Recycling Ltd is classified under the Forest Materials sector, in the Paper & Paper Products industry.
What is the 52-week high and low of Nikita Greentech Recycling Ltd?
Over the last 52 weeks Nikita Greentech Recycling Ltd has traded between ₹56.65 and ₹156 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Nikita Greentech Recycling Ltd?
Nikita Greentech Recycling Ltd reported a return on equity of 7.78%. Its debt-to-equity ratio is 1.32.

Company Information

Incorporated in 1989, Nikita Papers Limited is engaged in the manufacturing of paper and paper products.

Website nikitapapers.com
Listed 3 Jun 2025
Face Value ₹10

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