On 6 Nov 2026, Nitta Gelatin India was priced at ₹1,829.00, or 16.0× trailing earnings, against an industry P/E of 22.1×, and the shares are 12% below their 52-week high. Sales and net profit grew 0.2% and 11% a year over 3 years, with ROCE of 26% and ROE of 24%. It carries very little debt, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹1,661 Cr, ranked 65th of 204 Specialty Chemicals companies by market cap; the shares rose 95% over the past year.
- ₹1,808.00
- ₹1,848.00
- ₹1,766.00
- ₹1,799.90
- 6.5K
Health check
- ReturnsAhead
+95.1% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 16.0 vs industry 22.1.
- GrowthSteady
Sales +0.2%, profit +11.4% a year over 3 years.
- ProfitabilityStrong
ROCE 25.7% vs peer median 24.4%.
- Balance sheetSolid
Practically debt-free, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,661 Cr
- Small cap
- P/E
- 16.0
- Industry 22.1
- Price to book
- 2.93
- Peers 13.33
- Dividend yield
- 0.39%
- ROE
- 23.6%
- Peers 23.0%
- ROCE
- 25.7%
- Peers 24.4%
- Debt to equity
- 0.01
- Debt ₹4.12 Cr
- EPS (TTM)
- ₹114.40
- Face value ₹10
- OPM (TTM)
- 24.3%
- Net margin 19.4%
- Sales growth
- +1.5%
- Latest quarter vs a year ago
- Profit growth
- +31.3%
- Latest quarter vs a year ago
- Price to sales
- 2.66
- EV/EBITDA 8.9
Strengths and risks
Strengths
- Return on equity of 23.6%.
- Return on capital employed of 25.7%.
- Practically debt-free.
- Quarterly profit up 31.3% on a year ago.
- P/E of 16.0 against an industry P/E of 22.1.
About Nitta Gelatin India
Nitta Gelatin India Limited engages in the manufacture and sale of ossein, gelatin, and collagen peptide in India and internationally. It offers wellnex collagen peptides for collagen peptide absorption, diabetes management, bones and joints, and beauty products; gelatin for pharmaceutical and edible applications; and Di Calcium Phosphate for use in poultry feed. The company provides chitosan for food, pharmaceutical, textile, agriculture, water…
- Headquarters
- Kochi
- Employees
- 471
- Sector
- Basic Materials
- ISIN
- INE265B01019
- Website
- gelatin.in
Price range
- Avg volume (3M)
- 4.5K
- 1-year return
- plus 95.1%
- From 52-week high
- minus 12.4%
Peers · Specialty Chemicals
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ASIANPAINTAsian Paints | 2,546.00 | plus 0.88% | 2,44,025 | 50.5 | 35.0 | 24.4% | 18.9% | 0.21 | 1.1% | plus 1.5% |
| SOLARINDSSolar Industries India | 18,608.00 | plus 0.48% | 1,68,384 | 74.4 | 64.1 | 29.5% | 27.8% | 0.22 | 12.4% | plus 35.9% |
| PIDILITINDPidilite Industries | 1,579.00 | plus 1.63% | 1,60,827 | 60.0 | 44.4 | 28.5% | 23.5% | 0.03 | 7.4% | plus 6.8% |
| LINDEINDIALinde India | 6,859.00 | plus 8.73% | 58,496 | 118.4 | 64.2 | 16.3% | 31.5% | 0.23 | – | plus 5.4% |
| BERGEPAINTBerger Paints India | 478.35 | minus 5.28% | 55,776 | 45.4 | 29.4 | 20.6% | 16.5% | 0.09 | 4.2% | minus 6.0% |
| FLUOROCHEMGujarat Fluorochemicals | 4,665.50 | minus 0.94% | 51,251 | 75.9 | 44.0 | 9.6% | 24.4% | 0.26 | −4.5% | plus 28.0% |
| ACUTAASAcutaas Chemicals | 3,786.60 | plus 0.42% | 31,001 | 70.9 | 64.1 | 27.7% | 39.4% | 0.01 | 29.4% | plus 105.6% |
| NITTAGELANitta Gelatin India | 1,829.00 | plus 1.62% | 1,661 | 16.0 | 10.7 | 25.7% | 24.3% | 0.01 | 0.2% | plus 95.1% |
| Median of 7 peers | – | 0.48% | 58,496 | 70.9 | 44.4 | 24.4% | 24.4% | 0.21 | 5.8% | 6.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 139 | 138 | 150 | 162 | 141 | |
| 111 | 112 | 112 | 116 | 106 | |
| 27.5 | 25.7 | 37.9 | 45.4 | 34.5 | |
| 19.8% | 18.6% | 25.3% | 28.1% | 24.5% | |
| 2.5 | 3.9 | 1.5 | 4.9 | 3.7 | |
| 0.3 | 0.3 | 0.2 | 0 | 0.1 | |
| 3.4 | 3.7 | 4 | 3.9 | 4 | |
| 26.3 | 25.5 | 35.1 | 46.3 | 34 | |
| 25.2% | 26.0% | 27.1% | 26.4% | 25.6% | |
| 19.2 | 18.4 | 25.6 | 34.1 | 25.2 | |
| 21.12 | 20.29 | 28.16 | 37.54 | 27.73 |
Profit & loss
- Sales CAGR 3Y
- +0.2%
- Profit CAGR 3Y
- +11.4%
- EPS CAGR 3Y
- +11.4%
- ROE
- 23.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 565 | 523 | 517 | 568 | |
| – | minus 7.4% | minus 1.2% | +9.9% | |
| 453 | 399 | 409 | 430 | |
| 113 | 124 | 108 | 138 | |
| 20.0% | 23.8% | 21.0% | 24.3% | |
| 0.8 | 10.6 | 8.2 | 12.1 | |
| 3.4 | 2.4 | 1 | 0.9 | |
| 14.1 | 15.1 | 14.5 | 15.2 | |
| 3 | −1.1 | 11.4 | −0.9 | |
| 99.1 | 116 | 113 | 133 | |
| 25.4% | 27.7% | 24.7% | 26.3% | |
| 70.3 | 82.6 | 83.9 | 97.2 | |
| – | +17.5% | +1.6% | +15.8% | |
| 77.44 | 91.02 | 92.46 | 107.11 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.1 | 9.1 | 9.1 | 9.1 | |
| 259 | 334 | 413 | 502 | |
| 39.2 | 14.1 | 30.7 | 4.2 | |
| 60.6 | 65.2 | 62.5 | 70.5 | |
| 367 | 423 | 515 | 586 | |
| 121 | 121 | 142 | 171 | |
| 8.2 | 8.6 | 26.5 | 24.1 | |
| 1 | 1.2 | 1.2 | 1.3 | |
| 31.1 | 76 | 146 | 186 | |
| 206 | 215 | 199 | 204 | |
| 367 | 423 | 515 | 586 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 101 | 94.1 | 75.4 | 122 | |
| −18.3 | −53.9 | −8.9 | −182 | |
| −54.6 | −35.9 | 10.5 | −37.3 | |
| 28.1 | 4.2 | 77.1 | −97.3 | |
| −21.6 | −16.2 | −34.4 | −52.2 | |
| 79.4 | 77.8 | 41 | 70.3 | |
| −4.6 | −8.3 | −5.4 | −10 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.