NIKITA GREENTECH RECYCLINGShare price, financial results, shareholding and management
- Market cap
- ₹165 cr
- Stock P/E
- 14.8peers 16.9
- Book value
- ₹72.5
- Price to book
- 0.92
- EV / operating profit
- 14.3
- Market cap to sales
- 0.47
- ROCE · FY26
- 9.3%
- ROE · FY26
- 7.9%
- ROE, 3-year average
- 21.2%
- Operating margin · FY26
- 8.0%peers 7.2%
- Sales growth, 3 years
- -4.2%
- Profit growth, 3 years
- 7.4%
- Debt to equity
- 1.33peers 0.31
- Borrowings
- ₹237 cr
- Interest cover
- 1.9×
- Cash from business / op. profit
- 68%
- Debtor days
- 129
- Pledged
- 0.00%
- Promoter holding
- 60.14%
- Change in promoter holding
- +1.19 pts
- Shareholders
- 896
- 52-week high / low
- ₹156 / ₹57
- Dividend yield
- 0.00%
- Face value
- ₹10
Tap or hover on any figure for what it means. Our arithmetic on reported figures, at the latest close.
NIKITA GREENTECH RECYCLING share price chart
Close on 6 Nov 2026 · +4.45% on the day · Vol 2,400
Daily prices to 6 Nov 2026, adjusted for splits and bonuses. Closing prices only: check the exchange for the live price.
Share price returns
To the close of 6 Nov 2026
- 1 month
- -5.8%
- 3 months
- -8.5%
- 6 months
- -33.8%
- 1 year
- -43.9%
- Since IPO
- -35.7%
- Traded a day, 20 days
- ₹0.05 cr
- Taken for delivery
- 83%
Business growth
Sales and net profit, from the reported results
| Sales | Profit | |
|---|---|---|
| FY26 on FY25 | -4% | -52% |
| 3 years, a year | -4% | +7% |
| Latest half, H2 FY26 | -13% | -63% |
About NIKITA GREENTECH RECYCLING: business, products and customers
Nikita Greentech Recycling turns waste paper into brown kraft paper that box makers use for corrugated cartons and paper bags, at its mill in Shamli, Uttar Pradesh. Its shares trade on NSE Emerge.
Nikita Greentech Recycling, called Nikita Papers until FY26, runs one mill at Shamli in Uttar Pradesh with two paper machines and an installed capacity of about 1,33,000 tonnes a year, making kraft paper from 80 to 200 GSM out of waste paper collected in India and imported from the US and Canada. Most output is corrugation grade sold through distributors to box makers, and specialty grades such as food grade and carry bag paper were about a tenth of volume, per the June 2025 call. The mill burns refuse derived fuel made from city waste in its own power plant and earns extended producer responsibility credits for doing so.
Kraft paper is a commodity: waste paper is 65% to 70% of cost of sales and the selling price follows the market, so in FY26 a small fall in price per tonne cut profit in half even though tonnes sold rose. Corrugation buyers pay late because money flows back from brands through box makers, so receivables stood at 122 days at March 2026, and the company also carried large loans and advances given to others. Other income, mostly interest and a state SGST subsidy whose scheme ended in December 2025, made up nearly all of FY26 profit before tax.
Read more about the business
The 2025 IPO raised ₹67.5 cr, ₹50 cr of it for a 9 MW waste to energy power plant that Infomerics expects to run from October 2026. In July 2026 the company shut Paper Machine I, which made 37.50% of FY26 turnover, to rebuild it and lift plant capacity from 400 to 550 tonnes a day, with restart expected by October 2026; Infomerics says the rebuilt unit will make absorbent paper. The FY26 annual report also notes an MoU with the Uttar Pradesh government for the power and paper machine projects worth about ₹107.5 cr, and empanelment by Indraprastha Gas as a partner for compressed biogas plants.
On the June 2025 call Ayush Bansal named Genus Paper among competitors in corrugation grades and pointed to mill clusters in Muzaffarnagar and Meerut. The FY26 annual report adds low priced imports from China and ASEAN countries as a source of pressure on prices.
From the FY26 and FY25 annual reports, the June 2025 investor presentation and earnings call, the Infomerics rating notes of June and September 2026, and the company's NSE announcements of July and August 2026.
Read the deeper study ↓In its favour
- It brings in more cash than it shows as profit: ₹19 cr against ₹11.1 cr in FY26.
- The promoters own a large part of the company: 60.14%.
To watch
- Restart of the rebuilt Paper Machine I at 550 tonnes a day and start of the 9 MW power plant, both expected by October 2026 (NSE announcements, 9 July 2026, p.1 to p.2; Infomerics rating note, 8 September 2026, p.4).
- Loans given out: ₹74.7 cr of loans and advances at March 2026, including ₹16.7 cr with related party Shamli Steels Private Limited, from which the company received ₹2.2 cr of interest in FY26 (Annual report FY26, p.131, p.158 and p.159).
- Approval at the September 2026 AGM to borrow up to ₹70 cr from the four promoter directors, with an option to convert the loans into shares (Annual report FY26, p.36 to p.37; NSE announcement, 30 September 2026).
- Audit and records: secretarial auditors resigned in June and August 2025 and the internal auditor in May 2026; bank stock statements were filed on an estimated basis; a GST demand of ₹0.93 cr is under litigation (Annual report FY26, p.70 to p.71, p.131 and p.154).
- It paid no dividend in the past year.
From the company's documents first, then the reported figures read by fixed rules, the same for every company. Facts, not a view on the shares.
NIKITA GREENTECH RECYCLING revenue and profit growth
Half-yearly results · Profit and lossSales have fallen. Last year profit grew more slowly than sales, so the profit kept from each rupee of sales slipped.
SME companies report every six months. In the latest half, sales were lower than in the same half a year before. Profit grew more slowly than sales, so each rupee of sales left a little less profit.
NIKITA GREENTECH RECYCLING half-yearly results
SME companies report every six months · ₹ crore
| H2FY24 | H1FY25 | H2FY25 | H1FY26 | H2FY26 | |
|---|---|---|---|---|---|
| Sales | 179 | 166 | 198.46 | 178.36 | 171.72 |
| Expenses | 156 | 146 | 174.02 | 162.34 | 159.85 |
| Operating profit | 23 | 20 | 24.44 | 16.02 | 11.86 |
| OPM | 13.0% | 12.0% | 12.3% | 9.0% | 6.9% |
| Interest | 8 | 8 | 8.59 | 9.76 | 8.37 |
| Depreciation | 6 | 5 | 5.07 | 4.52 | 4.56 |
| Profit before tax | 20 | 14 | 18.35 | 9.64 | 6.76 |
| Net profit | 13 | 10 | 12.90 | 6.31 | 4.82 |
NIKITA GREENTECH RECYCLING profit and loss
Full years to March, FY20 to FY26 · ₹ crore, consolidated where reported
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Sales | 99 | 117 | 355 | 398 | 338 | 364.42 | 350.07 |
| Expenses | 91 | 105 | 327 | 371 | 298 | 319.89 | 322.19 |
| Operating profit | 8 | 12 | 28 | 28 | 40 | 44.53 | 27.88 |
| OPM | 8.0% | 11.0% | 8.0% | 7.0% | 12.0% | 12.2% | 8.0% |
| Other income | 0 | 0 | 2 | 3 | 13 | 14.76 | 15.73 |
| Interest | 4 | 5 | 11 | 11 | 14 | 16.52 | 18.12 |
| Depreciation | 3 | 4 | 11 | 10 | 10 | 10.13 | 9.09 |
| Exceptional and other items | 1 | · | · | · | · | · | · |
| Profit before tax | 2 | 3 | 8 | 10 | 29 | 32.65 | 16.40 |
| Tax rate | 50.0% | 0.0% | 12.5% | 10.0% | 27.6% | 29.5% | 32.1% |
| Net profit | 1 | 3 | 7 | 9 | 21 | 23.02 | 11.14 |
| EPS ₹ | · | · | · | · | 11.40 | 12.67 | 4.52 |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
The years to FY24 come rounded to the nearest crore in the source.
Exceptional and other items: profit before tax beyond operating profit, other income, interest and depreciation, such as one-off items or a share of associates' profit, as reported.
NIKITA GREENTECH RECYCLING profitability
Margins and returns on capitalLast year the company kept less from each rupee of sales than the year before. It earns a low return on the money it uses.
Operating margin, every year
Per cent of sales kept before interest, depreciation and tax
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Operating margin | 8.0% | 11.0% | 8.0% | 7.0% | 12.0% | 12.2% | 8.0% |
| Tax rate | 50.0% | 0.0% | 12.5% | 10.0% | 27.6% | 29.5% | 32.1% |
| ROCE | · | 5.7% | 10.9% | 10.8% | 17.6% | 16.5% | 9.3% |
| ROE | · | 13.3% | 20.0% | 17.8% | 30.9% | 24.9% | 7.9% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
NIKITA GREENTECH RECYCLING debt and cash flow
Balance sheet · Cash flow · Working capitalThe company's own money, its net worth, has grown fast. Its loans are now larger than its own money. Last year the business brought in more cash than it showed as profit. It spent more on assets and investments than the business brought in, and raised the rest from loans or shares. Customers take about as long to pay as they did in FY24.
Bars below the line are cash going out.
NIKITA GREENTECH RECYCLING balance sheet
At each 31 March · ₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Equity capital | 5 | 5 | 9 | 9 | 18 | 18.17 | 24.67 |
| Reserves | 16 | 19 | 37 | 46 | 63 | 85.95 | 154.07 |
| Net worth | 21 | 24 | 46 | 55 | 81 | 104.12 | 178.74 |
| Borrowings | 82 | 153 | 125 | 163 | 189 | 222.59 | 237.15 |
| Other liabilities | 8 | 15 | 64 | 39 | 34 | 55.95 | 73.96 |
| Total liabilities | 111 | 192 | 235 | 257 | 304 | 382.66 | 489.85 |
| Fixed assets | 24 | 99 | 88 | 79 | 96 | 85.80 | 77.27 |
| Capital work in progress | 32 | 1 | 6 | 19 | 0 | 2 | 80 |
| Investments | 0 | 0 | 1 | 1 | 1 | 1.44 | 1.26 |
| Other assets | 55 | 92 | 140 | 158 | 207 | 293.42 | 331.32 |
| Receivables | · | · | · | · | · | 109.97 | 123.98 |
| Inventory | · | · | · | · | · | 58.80 | 49.49 |
| Cash | · | · | · | · | · | 2.66 | 3.84 |
| Trade payables | · | · | · | · | · | 36.80 | 40.56 |
NIKITA GREENTECH RECYCLING cash flow
₹ crore
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Cash from operations | -1 | -10 | 28 | -13 | -12 | -19.95 | 19.04 |
| Cash from investing | -32 | -48 | -11 | -14 | -3 | -2.38 | -77.78 |
| Cash from financing | 34 | 59 | -16 | 27 | 18 | 16.83 | 59.91 |
| Net cash flow | 1 | 1 | 1 | 0 | 3 | -5.50 | 1.17 |
| Capital spending | · | · | · | · | · | 2.38 | 78.16 |
Working capital
Days
| FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 109 | 155 | 89 | 85 | 134 | 110 | 129 |
| 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 |
NIKITA GREENTECH RECYCLING peers and competitors
Listed SME companies in the same industryBy sales, NIKITA GREENTECH RECYCLING is number 1 of the 9 listed SME companies in paper, forest & jute products.
Each company's latest full year and its latest close; companies the exchange puts in the same industry, whose businesses can differ a good deal. A list, not a comparison of their shares.
| Company | Market cap ₹ cr | P/E | Sales ₹ cr | Profit ₹ cr | Op. margin | Debt/equity |
|---|---|---|---|---|---|---|
| NIKITA GREENTECH RECYCLING | 165 | 14.8 | 350 | 11.1 | 8.0% | 1.33 |
| Three M Paper Boards | 42 | 6.0 | 297 | 7 | 6.0% | 0.68 |
| Exim Routes | 173 | 16.9 | 207 | 10.2 | 6.7% | 0.23 |
| Aten Papers & Foam | 22 | 3.2 | 187 | 7 | 6.0% | 0.18 |
| Aaradhya Disposal Industries | 174 | 28.7 | 151 | 6.1 | 7.6% | 0.55 |
| Utkal Speciality Industries India | - | - | 55.3 | 7.3 | 19.5% | 0.56 |
| Spinaroo Commercial | 33 | 61.5 | 39.3 | 0.5 | 3.7% | 0.39 |
| Labelkraft Technologies | 20 | 15.6 | 25.1 | 1.3 | 8.4% | 0.15 |
| S. V. J. ENTERPRISES | 94 | 128.1 | 4.6 | 0.7 | 25.4% | 0.09 |
| Median of the 8 others | 42 | 16.9 | 103 | 6.5 | 7.2% | 0.31 |
NIKITA GREENTECH RECYCLING shareholding pattern
Promoters, FIIs, DIIs, HNIs and small holdersThe promoters own more than half the company, a little more than in the first filing shown. Big foreign and Indian funds own very little. The number of shareholders has come down.
NIKITA GREENTECH RECYCLING shareholding pattern
Per cent of shares, from the patterns filed with the exchange. Tap + to see everyone holding 1% or more in that group. HNIs and small holders show only where the pattern was filed in full.
| May 25 | Sep 25 | Mar 26 | Sep 26 | |
|---|---|---|---|---|
| Promoters | 58.95% | 58.95% | 58.95% | 60.14% |
| Foreign investors (FIIs) | 8.61% | 3.01% | 0.90% | 0.90% |
| Indian institutions (DIIs) | 1.57% | 0.07% | - | - |
| HNIs (over ₹2 lakh each) | 4.62% | 15.34% | 22.43% | 19.71% |
| Small holders (up to ₹2 lakh) | 12.51% | 6.29% | 5.69% | 7.63% |
| Companies and others | 13.74% | 16.34% | 12.03% | 11.62% |
| Number of shareholders | 2,290 | 903 | 723 | 896 |
The named holders are at 30 Sept 2026, beside 31 March 2026, each under the group the pattern files them in.
NIKITA GREENTECH RECYCLING study: the business from its own documents
Read from 8 of the company's own documentsNIKITA GREENTECH RECYCLING so far
From the company's own record
- 3 June 2025Listed on NSE Emerge at ₹104
- 30 Sept 2026Promoters at 60.14%
- 11 Dec 2025Highest close since listing, ₹143.44
NIKITA GREENTECH RECYCLING key facts from the filings
Each figure with the document it comes from
- Sales in FY26
- ₹350.1 cr
- Revenue from operations fell from the year before; profit after tax was ₹11.1 cr against ₹23.0 cr in FY25.Annual report FY26, p.57
- Other income
- ₹15.7 cr
- Interest of ₹8.7 cr and subsidy of ₹6.6 cr in FY26, against profit before tax of ₹16.4 cr; the SGST incentive scheme ended in December 2025.Annual report FY26, p.57, p.151 and p.156
- Price per tonne
- ₹30,594
- Average realisation in FY26, down from ₹31,369 in FY25, while tonnes sold rose to 1,09,615.Infomerics rating note, 8 September 2026, p.5
- Capacity after rebuild
- 550 TPD
- Up from 400 tonnes a day, about 1.80 lakh tonnes a year, once Paper Machine I is rebuilt.Annual report FY26, p.8; NSE announcement, 9 July 2026, p.1
- Machine shut for rebuild
- 37.50%
- Share of FY26 turnover from Paper Machine I, shut from 15 July 2026 with restart expected by October 2026.NSE announcement on temporary shutdown, 9 July 2026, p.1 to p.2
Show 5 more facts
- Own power plant
- 9 MW
- Waste to energy plant paid for with ₹50 cr of IPO money; Infomerics expects operation from October 2026 and yearly savings of ₹12 cr to ₹13 cr.Infomerics rating note, 8 September 2026, p.4; Results filing, 25 May 2026, p.13
- Loans given out
- ₹74.7 cr
- Loans and advances in the nature of loans outstanding at March 2026, ₹16.7 cr of them to related parties, per the auditor.Annual report FY26, p.131
- Credit rating
- IVR BBB/Negative
- Infomerics turned the outlook negative in June 2026 over the profit fall and missed projections; Acuite keeps the company in issuer not cooperating.Infomerics rating notes, 3 June 2026, p.3 and 8 September 2026, p.3 and p.7
- Days to get paid
- 122 days
- Receivables at March 2026 per Infomerics, with gross current assets at 336 days.Infomerics rating note, 8 September 2026, p.5
- EPR credits
- ₹5.29 cr
- Income from extended producer responsibility credits in FY25, 1.4% of revenue.Investor presentation, June 2025, p.8
What the company said, and what happened
The company's own statements, attributed, set against what it later reported; not newboard's estimates
The company says the rebuild of Paper Machine I will lift capacity from 400 to 550 tonnes a day, with the machine back by October 2026, and Infomerics expects the 9 MW power plant to start in October 2026. Infomerics reports that the company expects ₹50 cr of extra sales from the rebuilt unit in six months of FY27. On the June 2025 call the company guided FY26 sales growth of 7% to 8%.
| What management said | When | What happened |
|---|---|---|
| FY26 sales growth of 7% to 8% | June 2025 earnings call | FY26 revenue of ₹350.1 cr, lower than FY25 |
| 9 MW power plant in about 17 to 18 months, aiming for the third quarter of FY27 | June 2025 earnings call | IPO money for it fully spent by March 2026; Infomerics expects operation from October 2026 |
Is it a good business? Six questions
Each answer is about that one question, read from the documents; tap one for the evidence. Not a view on the shares.
Nikita earns a thin spread between the price of kraft paper and the cost of waste paper and power, from one large mill.
Its weak spots are prices set by the market and imports, slow payments from buyers, money lent out to others and a rating on negative watch.
WatchCan it set its own prices?No. The price per tonne fell last year as imports pressed on the market, and profit fell with it.
WatchHow strong is it against rivals?It is one of many mills in a crowded trade, though its own waste fuelled power gives a cost edge.
AverageWho are its customers?Distributors and box makers spread over several north Indian states, many of them long standing, but they pay slowly.
WatchDoes it need a lot of money?Yes. Stock and buyers' dues tie up money, new projects are large, and the company has lent out sizeable sums.
AverageCan it keep finding new work?Demand for packaging paper is steady and a larger machine is on the way, but sales are not backed by an order book.
WatchDo good and bad years swing a lot?Yes. A small dip in sales last year halved profit, and margins move with paper and waste paper prices.
Who runs NIKITA GREENTECH RECYCLING?
Promoters, directors and officers; tap a name for the background
AKAshok Kumar BansalPromoter and Managing Director · holds 10.31%
A graduate in management with over 40 years in the paper industry; leads sales, marketing and commercial functions and is a director of Alliance Farms & Agriculture Limited. Paid ₹0.30 cr in FY26; a loan of ₹0.94 cr from Ashok Kumar Bansal to the company was outstanding at March 2026. The AGM notice states a family relationship among Ashok Kumar Bansal, Sudhir Kumar Bansal, Ayush Bansal and Sandhya Bansal.
Annual report FY26, p.15, p.42, p.145 and p.157; Annual report FY25, p.22; Shareholding pattern, September 2026SKSudhir Kumar BansalPromoter, Chairman and Executive Director · holds 7.57%
Over 40 years in paper manufacturing, production management and plant management; the June 2025 presentation describes a management graduate who has run businesses in sugar, paper and steel. Director of Alliance Farms & Agriculture Limited. Paid ₹0.30 cr in FY26; a loan of ₹1.19 cr to the company was outstanding at March 2026.
Annual report FY26, p.15, p.145 and p.157; Investor presentation, June 2025, p.34; Shareholding pattern, September 2026ABAyush BansalPromoter and Whole-Time Director · holds 1.21%
PGDBM in finance from FORE School of Management, New Delhi; with the company since September 2004 and a member of the audit committee. The FY26 AGM notice says the whole-time director term that ended in March 2016 was not formally renewed by the board and members, called an inadvertent procedural omission, and sought re-appointment from April 2026 to March 2031 at ₹0.24 cr a year; members approved it on 30 September 2026. A loan of ₹0.91 cr to the company was outstanding at March 2026.
Annual report FY26, p.16, p.19, p.31 to p.33 and p.145; NSE announcement, 30 September 2026; Shareholding pattern, September 2026SBSandhya BansalPromoter and Executive Director · holds 3.94%
Over 32 years in marketing, branding and business development, earlier as a freelance marketing strategist; leads marketing strategy and brand work. Re-appointed for five years from 30 November 2026 at ₹0.24 cr a year.
Annual report FY26, p.16 and p.33 to p.34; NSE announcement, 30 September 2026; Shareholding pattern, September 2026OpOther promoter group holdersPromoters
Mithlesh Rani Bansal (7.11%), Anuj Bansal (4.38%), Rachit Bansal (3.69%), Abhinav Bansal (3.51%), Alliance Farms and Agriculture Limited (3.49%), Neera Bansal (3.05%) and Antara Rakesh (2.52%), among others, in the September 2026 pattern; the promoter group held 60.14% in all. Anuj Bansal and Abhinav Bansal were each paid ₹0.24 cr in FY26 as relatives; Anuj Bansal spoke on waste paper sourcing in the June 2025 call.
Shareholding pattern, September 2026; Annual report FY26, p.157; Earnings call, June 2025, p.5AAAtul AeronChief Financial Officer
CFO since March 2024; paid ₹0.17 cr in FY26.
Annual report FY26, p.19, p.157 and p.158DMDivam MittalCompany Secretary and Compliance Officer
Appointed in July 2025 after Shefali Gupta resigned from the post with effect from 18 July 2025.
Annual report FY26, p.82 and p.157AGAkash GuptaIndependent Director, chair of the audit committee
Fellow Chartered Accountant with over 10 years in finance, tax, audit and compliance.
Annual report FY26, p.17 and p.19SKSudhir Kumar JainIndependent Director, chair of the nomination and stakeholders committees
Chartered Accountant in practice at Shamli since October 1985 as proprietor of Jain Sudhir & Associates, with work in project finance, audits and tax.
Annual report FY26, p.17 to p.19SSShitij SharmaIndependent Director
Company Secretary with over 7 years in corporate law and compliance; joined the board on 23 June 2025 in place of Ashok Kumar Mittal, who resigned that day citing personal reasons and professional commitments.
Annual report FY26, p.18 and p.81 to p.82NIKITA GREENTECH RECYCLING latest news and announcements
Announcements · Documents · Corporate actionsWhat changed recently
Each half-year is set against the same half a year earlier
- H2 FY26: sales ₹172 cr (-13%), net profit ₹4.8 cr (-63%) on H2 FY25.
- Shareholding, 30 Sept 2026: promoters 58.95% to 60.14%.
NIKITA GREENTECH RECYCLING announcements
126 on record, latest first; each opens the filing on the exchange
- Copy of Newspaper PublicationPursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Nikita Greentech Recycling Limited has informed aboutPDF ↗
- Copy of Newspaper PublicationPursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Nikita Greentech Recycling Limited has informed aboutPDF ↗
- Certificate under SEBI (Depositories and Participants) Regulations, 2018Nikita Greentech Recycling Limited has submitted the Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, (as amendPDF ↗
- AppointmentNikita Greentech Recycling Limited has informed that the Members of the Company, at the 37th AGM held today, have approved the re-appointment of Mrs. Sandhya BaPDF ↗
- AppointmentNikita Greentech Recycling Limited has informed that the Members of the Company, at the 37th AGM held today, have approved the re-appointment of Mr. Ayush BansaPDF ↗
- Change in ManagementNikita Greentech Recycling Limited has informed that the Members of the Company, at the 37th AGM held today, have approved the re-appointment of Mr. Ayush BansaPDF ↗
- Change in Director(s)Of the companyPDF ↗
- Disclosure of material issueNikita Greentech Recycling Limited has informed that the Members of the Company, at the 37th AGM held today, have approved the Material Related Party TransactioPDF ↗
- Related Party TransactionsNikita Greentech Recycling Limited has informed that the Members of the Company, at the 37th AGM held today, have approved the Material Related Party TransactioPDF ↗
- Address ChangeNikita Greentech Recycling Limited has informed that the Members of the Company, at the 37th AGM held today, have approved the shifting of the Registered OfficePDF ↗
- Amendment to AOA/MOAOf the companyPDF ↗
- General UpdatesNikita Greentech Recycling Limited has submitted the speech delivered by Mr. Ayush Bansal, Whole-Time Director of the Company, at the 37th AGM of the Company hePDF ↗
NIKITA GREENTECH RECYCLING annual reports, earnings calls and documents
Every document links to its source; “read” marks those this page is built from
- 30 June 2025 ↗read
- 25 June 2025 ↗read
- 30 June 2025 ↗read
NIKITA GREENTECH RECYCLING share split, bonus and dividends
From the corporate actions the company announces on the exchange
No share split, bonus issue or dividend is on record since listing.
Checks we ran on NIKITA GREENTECH RECYCLING's data · 9
Before any number shows, it goes through the same checks. A figure that fails is held back, never shown as if it were right.
- ✓Balance sheet totals add up for FY25 and FY26.
- ✓Market cap uses the share count in the latest shareholding pattern (2,46,67,900 shares).
- ✓The share capital in the FY26 results matches the share count in the shareholding pattern.
- ✓Promoter pledge figures are within possible limits in every shareholding pattern shown.
- ✓Promoter and public holdings add up to 100% in every shareholding pattern shown.
- ✓The two half-years of FY26 add up to the full-year sales.
- ✓Earnings per share moves in line with profit across the years shown.
- ✓Revenue and profit are reported for every year shown, FY20 to FY26.
- iPrices run to the close on 14 Oct 2026, from the exchange's daily figures.
Questions people ask about NIKITA GREENTECH RECYCLING
What does NIKITA GREENTECH RECYCLING do?
Nikita Greentech Recycling turns waste paper into brown kraft paper that box makers use for corrugated cartons and paper bags, at its mill in Shamli, Uttar Pradesh. Its shares trade on NSE Emerge.
What is the share price of NIKITA GREENTECH RECYCLING?
₹66.9 at the close on 6 Nov 2026, from the exchange's daily figures.
What is the market cap of NIKITA GREENTECH RECYCLING?
₹165 cr at the close on 6 Nov 2026, on 2,46,67,900 shares.
What is the P/E of NIKITA GREENTECH RECYCLING?
14.8 times FY26 profit at the close on 6 Nov 2026 (our arithmetic).
What are NIKITA GREENTECH RECYCLING's revenue and profit?
Revenue ₹350 cr and profit after tax ₹11 cr in FY26.
Who are the promoters of NIKITA GREENTECH RECYCLING?
Ashok Kumar Bansal, Sudhir Kumar Bansal, Ayush Bansal, Sandhya Bansal, Other promoter group holders; promoters held 60.14% at 30 Sept 2026.
What was the IPO price of NIKITA GREENTECH RECYCLING?
₹104 a share; it listed on 3 June 2025.
What is NIKITA GREENTECH RECYCLING's website?
www.nikitapapers.com
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Every listed SME company in Paper, Forest & Jute Products → · SME companies listed in 2025 →
Built from 2 earnings call transcripts, 2 annual reports, 2 credit rating notes, 1 result filing, 1 investor presentation, 126 exchange announcements, 4 shareholding patterns and 7 years of reported results. Every figure carries its source; where the documents are silent, the page says so.