Nitco Limited operates in the Ceramic wall and floor tile sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nitco Limited with three other
clay and ceramic product manufacturers in Asia:
Shabbir Tiles & Ceramics Ltd.
sales of 6.47 billion Pakistan Rupees [US$40.40 million]
Shinto Co Ltd
(5.50 billion Japanese Yen [US$52.64 million]
of which 67%
was Tile Sales), and
Orient Bell Ltd
(4.92 billion Indian Rupees [US$66.75 million]
of which 100%
was Ceramic Tiles and Allied Product).
Nitco Limited reported sales of 4.61 billion Indian Rupees (US$62.52 million)
March of 2020.
decrease of 22.7%
versus 2019, when the company's sales were 5.96 billion Indian Rupees .
Contributing to the drop in overall sales was the 23.5% decline
in Tiles and Other Related Products, from 5.94 billion Indian Rupees to 4.54 billion Indian Rupees .
However, these declines were partially offset by the increase in sales of
Real Estate (up 150.7% to 70.30 million Indian Rupees )