Nitta Gelatin India consolidated net profit declines 28.59% in the June 2024 quarter

Praveen Venkataramanan has joined Nitta Gelatin India Ltd and will take over as its Managing Director with effect from August 5.

New Managing Director at Nitta Gelatin

Nitta Gelatin Consolidated June 2023 Net Sales at Rs 128.29 crore, down 4.55% Y-o-Y

Nitta Gelatin Standalone June 2023 Net Sales at Rs 116.20 crore, up 2.61% Y-o-Y

CEO Ogata met CM Vijayan to discuss Nitta Gelatin’s investment in Kerala. Ogata said the company’s next director board would approve ₹200 crore for development projects. He thanked the State govt. for their support and praised the good ties with trade unions. Nitta Gelatin India Ltd. manufactures pr…

Nitta Gelatin representatives meet CM

Menon comes in place of Philip Chacko who had served as the MD for a year and has now moved on to pursue other career options

Sajiv Menon back as Managing Director of Nitta Gelatin India

With a market worth of Rs. 581.88 Cr., Nitta Gelatin India Ltd. is a small-cap business that operates in the chemical industry.

Multibagger stock declares ₹40.77 Cr rights issue, scrip ended on a green note

In the case of Nitta Gelatin India, the board meeting will be held via video conferencing to consider inter alia a proposal to issue equity shares to existing shareholders on rights basis.

Nitta Gelatin India, Coastal Corporation and Inventure Growth to consider rights issues today

Nitta Gelatin India consolidated net profit rises 210.62% in the September 2022 quarter

Nitta Gelatin India consolidated net profit rises 459.63% in the March 2022 quarter

The consolidated profit during April- December 2021 was ₹21.7 crore

Nitta Gelatin post 39% growth in post tax profit

Hasn't fared well - amongst the low performers

Performance

Can be considered moderately valued vs the market

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The company is engaged in the manufacture and sale of Gelatin, Ossein, Di Calcium Phosphate (DCP) and Collagen Peptide. The company's products are used in various industries like healthcare, personal care, cosmetics, textiles & water management.