Nitco Ltd Share Price – NSE /  BSE

Ceramic Products, Small Cap

According to BSE bulk deal data, Cyriac purchased 20 lakh shares at Rs 95.05 per share in the Mumbai-based tiles and marble maker.

At the same time, Rashi Fincorp sold 23 lakh shares, equivalent to a 0.96% stake, at Rs 95.09 per share.

Cyriac?s name did not appear in Nitco?s shareholding pattern for the quarter ended March 2026.

As of March 2026, promoters held a 20.17% stake in the company. Among public shareholders, Authum Investment and Infrastructure held 46.77%.

Cyriac is executive chairman of Florintree Advisors, a private equity firm focused on emerging Indian companies across sectors including technology, industrials, healthcare and financial services.

Before founding Florintree, he served as managing director and co-head of private equity operations at Blackstone India. He also worked at Tata Motors and later joined Bank of America in investment banking.

Cyriac currently serves on the boards of Gokaldas Exports and ideaForge Technology.

Nitco is a surface solutions company, offering tiles, marble and mosaic products. It has a strong presence across more than 55 countries and a wide domestic network of over 650 dealers, experience centres and franchise stores.

On a consolidated basis, Nitco reported net loss of Rs 11.90 crore in Q3 December 2025 as against net loss of Rs 660.18 crore in Q3 December 2024. Net sales rose 54.66% YoY to Rs 130.30 crore in Q3 December 2025.

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Nitco will hold a meeting of the Board of Directors of the Company on 13 May 2026.

According to media reports, the two parties are also likely to enter into a joint development agreement, with the deal expected to be signed soon. The proposed project could have a revenue potential of up to Rs 6,000 crore.

The terms of revenue sharing between Nitco and HOABL are expected to be finalised as part of the agreement, the reports added.

Nitco is a surface solutions company, offering tiles, marble and mosaic products. It has a strong presence across more than 55 countries and a wide domestic network of over 650 dealers, experience centres and franchise stores.

On a consolidated basis, Nitco reported net loss of Rs 11.90 crore in Q3 December 2025 as against net loss of Rs 660.18 crore in Q3 December 2024. Net sales rose 54.66% YoY to Rs 130.30 crore in Q3 December 2025.

According to the company, Jain will continue in his role until the close of business hours on 31 March 2026, after which his resignation will become effective.

Following his exit, he will also cease to be part of the company?s senior management team from the same date.

The company acknowledged his contributions during his tenure and expressed appreciation for his services.

NITCO is engaged in providing floor and wall solutions with a portfolio comprising a comprehensive range of tiles, marbles and mosaic.

The company had reported a consolidated net loss of Rs 11.90 crore in the quarter ended December 2025 as against a net loss of Rs 660.18 crore recorded during the previous quarter ended December 2024. Sales increased by 54.7% YoY to Rs 130.30 crore in Q3 FY26. The company reported a consolidated net loss of Rs 11.90 crore for the quarter ended December 2025, compared to a net loss of Rs 660.18 crore in the corresponding quarter of the previous year. Sales increased 54.7% year-on-year to Rs 130.30 crore in Q3 FY26.

The counter jumped 4.59% to Rs 86.19 on the BSE.