Nitin Fire Protection Industries
Industrials
532854 BSE
Price unavailable
No trades in 1Y
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 327 to 161 days.
Weaknesses
5- Promoter holding has decreased over last quarter: -8.53%
- Tax rate seems low
- Earnings include an other income of Rs.9.83 Cr.
- Company has high debtors of 161 days.
- Working capital days have increased from -19,298 days to 253 days
Technical Indicators
| Group | Signal | Bearish | Neutral | Bullish |
|---|---|---|---|---|
| Overall | Strong Bearish | 10 | 7 | 2 |
| Oscillators | Neutral | 1 | 7 | 1 |
| Moving Averages | Strong Bearish | 9 | 0 | 1 |
Oscillators
Neutral
Bearish
1
Neutral
7
Bullish
1
Overall
Strong Bearish
Bearish
10
Neutral
7
Bullish
2
Moving Averages
Strong Bearish
Bearish
9
Neutral
0
Bullish
1
Key readings
- RSI (14)
- 33.84
- Neutral
- MACD (12,26,9)
- 0.00
- Bearish
- SMA (50)
- 1.85
- Bearish
- SMA (200)
- 1.85
- Bearish
As of , the latest day with price data, so these readings are not current.
Growth Rate
From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.
Revenue
| 10Y | −33.72% |
|---|---|
| 5Y | +6.51% |
| 3Y | +34.34% |
| 1Y | +285.06% |
| TTM | +175.49% |
Net profit
| 10Y | −19.09% |
|---|---|
| 5Y | Turned to profit |
| 3Y | Turned to profit |
| 1Y | +438.64% |
| TTM | −99.61% |
Operating cash flow
| 10Y | −100.00% |
|---|---|
| 5Y | −100.00% |
| 3Y | Outflow narrowed by ₹5.08 Cr |
| 1Y | Outflow narrowed by ₹30.31 Cr |
| TTM | — |
TTM: Reported once a year, so there is no trailing-twelve-month figure.
Operating margin· change in pp
| 10Y | −28.97 pp |
|---|---|
| 5Y | +45.58 pp |
| 3Y | +238.34 pp |
| 1Y | +98.61 pp |
| TTM | +42.19 pp |
Revenue by year
| Mar 2015 | ₹1,147 Cr |
|---|---|
| Mar 2016 | ₹1,480 Cr |
| Mar 2017 | ₹1,327 Cr |
| Mar 2018 | ₹888 Cr |
| Mar 2021 | ₹17.67 Cr |
| Mar 2022 | ₹8.49 Cr |
| Mar 2023 | ₹9.99 Cr |
| Mar 2024 | ₹6.89 Cr |
| Mar 2025 | ₹6.29 Cr |
| Mar 2026 | ₹24.22 Cr |
Net profit by year
| Mar 2015 | ₹67.11 Cr |
|---|---|
| Mar 2016 | ₹98.53 Cr |
| Mar 2017 | −₹63.60 Cr |
| Mar 2018 | −₹167 Cr |
| Mar 2021 | −₹69.91 Cr |
| Mar 2022 | −₹117 Cr |
| Mar 2023 | −₹4.17 Cr |
| Mar 2024 | −₹6.39 Cr |
| Mar 2025 | ₹2.20 Cr |
| Mar 2026 | ₹11.85 Cr |
Quarterly Results
₹ Cr| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.77 | 1.01 | 3.43 | 1.68 | 0.31 | 3.23 | 6.79 | −4.03 | 3.27 | 5.54 | 7.11 | 8.29 | 4.57 |
| Expenses | 1.91 | 1.54 | 5.1 | 6.21 | 2.15 | 5.71 | 3.65 | 1.54 | 4.02 | 6.89 | 7.59 | 10.05 | 5.81 |
| Operating Profit | −1.14 | −0.53 | −1.67 | −4.53 | −1.84 | −2.48 | 3.14 | −5.57 | −0.75 | −1.35 | −0.48 | −1.76 | −1.24 |
| OPM % | −148.05% | −52.48% | −48.69% | −269.64% | −593.55% | −76.78% | 46.24% | — | −22.94% | −24.37% | −6.75% | −21.23% | −27.13% |
| Other Income | 0.09 | 1.76 | 0.16 | 0.82 | 0.52 | 0.08 | 976 | 3.93 | 7.48 | 8.68 | 1.15 | −0.21 | 0.21 |
| Interest | 0.19 | 0.25 | 0.3 | 0.29 | 0.11 | −0.01 | 0.2 | −0.2 | 0 | 0 | 0 | 0.01 | 0 |
| Depreciation | 0.16 | 0.15 | 0.09 | 0.09 | 0.07 | 0.08 | 0.07 | 0.07 | 0.1 | 0.1 | 0.09 | 0.24 | 0.26 |
| PBT | −1.4 | 0.83 | −1.9 | −4.09 | −1.5 | −2.47 | 979 | −1.52 | 6.62 | 7.24 | 0.58 | −2.23 | −1.29 |
| Tax % | 0% | 0% | −0.53% | 0.24% | 0% | 0% | 0% | −116.56% | 0% | 0% | 20.69% | −5.41% | 0% |
| Net Profit | −1.4 | 0.83 | −1.89 | −3.93 | −1.5 | −2.46 | 979 | −0.53 | 6.62 | 7.24 | 0.46 | −2.47 | −1.35 |
| EPS (₹) | −0.05 | 0.03 | −0.06 | −0.13 | −0.05 | −0.08 | 33.5 | −0.02 | 0.23 | 0.25 | 0.02 | −0.08 | −0.05 |
Profit & Loss
₹ Cr| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 705 | 1,016 | 1,147 | 1,480 | 1,327 | 888 | 17.67 | 8.49 | 9.99 | 6.89 | 6.29 | 24.22 | 25.51 |
| Expenses | 622 | 903 | 1,031 | 1,316 | 1,281 | 952 | 28.89 | 19.71 | 35.59 | 12.04 | 13.62 | 28.56 | 30.34 |
| Operating Profit | 82.67 | 113 | 116 | 163 | 45.4 | −64.6 | −11.22 | −11.22 | −25.6 | −5.15 | −7.33 | −4.34 | −4.83 |
| OPM % | 11.73% | 11.08% | 10.08% | 11.05% | 3.42% | −7.28% | −63.5% | −132.16% | −256.26% | −74.75% | −116.53% | −17.92% | −18.93% |
| Other Income | 13.77 | −3.09 | 11.29 | 14.55 | 2.01 | 5.5 | 7.35 | 14.43 | 23.02 | 2.99 | 8.34 | 17.1 | 9.83 |
| Interest | 25.44 | 30.53 | 41.37 | 52.5 | 60.3 | 73.47 | 63.35 | 117 | 0.73 | 3.73 | 0.28 | 0.01 | 0.01 |
| Depreciation | 4.73 | 9.4 | 14.45 | 24.47 | 24.71 | 38.05 | 1.02 | 0.93 | 0.87 | 0.49 | 0.3 | 0.53 | 0.69 |
| PBT | 66.27 | 69.56 | 70.99 | 101 | −37.6 | −171 | −68.24 | −115 | −4.18 | −6.38 | 0.43 | 12.22 | 4.3 |
| Tax % | 7.39% | 4.37% | 5.47% | 2.5% | −0.96% | 0.3% | 2.45% | 0.02% | −0.24% | 0% | −409.3% | 0% | — |
| Net Profit | 57.01 | 66.52 | 67.11 | 98.53 | −63.6 | −167 | −69.91 | −117 | −4.17 | −6.39 | 2.2 | 11.85 | 3.88 |
| EPS (₹) | 1.94 | 2.28 | 2.3 | 3.37 | −2.18 | −5.72 | −2.39 | −3.99 | −0.14 | −0.22 | 0.08 | 0.41 | 0.14 |
| Div. Payout % | 7.74% | 6.59% | 8.71% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | — |
Balance Sheet
₹ Cr| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 44.11 | 43.84 | 58.45 | 58.45 | 58.45 | 58.45 | — | 58.45 | 58.45 | 58.45 | 58.45 | 58.45 |
| Reserves | 273 | 327 | 379 | 532 | 448 | 286 | — | −1,132 | −1,136 | −1,143 | −31.83 | −19.97 |
| Borrowings | 353 | 392 | 502 | 555 | 451 | 830 | — | 590 | 603 | 601 | 5.92 | 3.6 |
| Other Liabilities | 87.39 | 115 | 189 | 142 | 348 | 229 | — | 525 | 516 | 519 | 9.37 | 31.68 |
| Total Liabilities | 758 | 879 | 1,128 | 1,287 | 1,305 | 1,403 | — | 41.5 | 40.98 | 36.16 | 41.91 | 73.76 |
| Fixed Assets | 159 | 176 | 192 | 290 | 304 | 311 | — | 19.14 | 14.14 | 10.19 | 7.51 | 10.47 |
| CWIP | 22.75 | 23.18 | 0 | 1.62 | 1.99 | 160 | — | 0 | 0 | 0 | 0 | 0 |
| Investments | 35.98 | 1.45 | 38.13 | 39.66 | 7.96 | 11.64 | — | 4.23 | 4.23 | 4.4 | 3.46 | 3.1 |
| Other Assets | 540 | 678 | 899 | 956 | 991 | 921 | — | 18.13 | 22.61 | 21.57 | 30.94 | 60.19 |
| Total Assets | 758 | 879 | 1,128 | 1,287 | 1,305 | 1,403 | — | 41.5 | 40.98 | 36.16 | 41.91 | 73.76 |
Cash Flow
₹ Cr| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 40.22 | 1.04 | −15.41 | 113 | 244 | −159 | 5.02 | 127 | −5.08 | −4.82 | −30.31 | 0 |
| Investing | −25.5 | −25.72 | −28.37 | −156 | −48.07 | −200 | 1.21 | 0.01 | 4.18 | 3.74 | 41.5 | 0 |
| Financing | 25.05 | 2.12 | 68.83 | −4.9 | −204 | 367 | −6.47 | −128 | 4.51 | −2.27 | −11.38 | 0 |
| Net Cash Flow | 39.77 | −22.56 | 25.04 | −47.62 | −7.92 | 7.3 | −0.24 | −0.64 | 3.6 | −3.36 | −0.19 | 0 |
| Free Cash Flow | 5.78 | −24.99 | −42.3 | −45.63 | 185 | −364 | 4.96 | 127 | −0.94 | −1.36 | −24.65 | 0 |
| CFO/EBITDA | 54 | 4 | −12 | 70 | 537 | 247 | −61 | −1,133 | 20 | 94 | 457 | 0 |
Ratios
| Particulars | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 136 | 108 | 148 | 121 | 116 | 218 | — | 107 | 258 | 384 | 437 | 161 |
| Inventory Days | 91.92 | 79.93 | 95.57 | 90.42 | 104 | 155 | — | 234 | 127 | 89.79 | 939 | 217 |
| Days Payable | 42.7 | 22.05 | 60.89 | 35.52 | 131 | 77.78 | — | 3,671 | 3,498 | 4,187 | 133 | 157 |
| Cash Conversion Cycle | 186 | 166 | 182 | 176 | 89.45 | 295 | — | −3,329 | −3,113 | −3,714 | 1,242 | 220 |
| Working Capital Days | 11.72 | 42.69 | 43.04 | 45.15 | 49.3 | −63.11 | — | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number. | 446 | 253 |
| ROCE % | 15.65% | 14.65% | 13.16% | 14.63% | 2.37% | −9.12% | — | — | — | — | — | 32.78% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Nitin Fire Protection Industries insights
63 extracted metrics across FY10–FY27.
Documents
- 23 Jan 2026
- 28 Mar 2025
- 31 Jan 2024
- 29 Nov 2022
- 30 Sep 2021
Frequently Asked Questions about Nitin Fire Protection Industries
What does Nitin Fire Protection Industries Ltd do?
Co. was Incorporated in 1995, It provides gas and water-based fire protection systems under the brand name ‘NITIE’ to telecommunications, information technology, banking, and manufacturing industries. It also trades in fire detection systems and high-pressure seamless cylinders.
Where is Nitin Fire Protection Industries Ltd (NITINFIRE) listed?
Nitin Fire Protection Industries Ltd trades under code 532854 on the BSE.
Which sector does Nitin Fire Protection Industries Ltd belong to?
Nitin Fire Protection Industries Ltd is classified under the Industrials sector, in the Industrial Manufacturing industry.
Company Information
Co. was Incorporated in 1995, It provides gas and water-based fire protection systems under the brand name ‘NITIE’ to telecommunications, information technology, banking, and manufacturing industries. It also trades in fire detection systems and high-pressure seamless cylinders. Co. is promoted by Mr Nitin Shah & his sons, Mr Rahul & Mr Kunal Shah.
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