Is Nitco Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Nitco Ltd (NITCO.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Nitco Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Nitco Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Nitco Ltd?

Muslim investors may consider investing in Nitco Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Nitco Ltd classified as HALAL?

Musaffa determines the Shariah status of Nitco Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Nitco Ltd updated?

The Shariah compliance status of Nitco Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Nitco Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Nitco Ltd?

You can check the latest Shariah compliance status of Nitco Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

NITCO.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: March 17, 2026

Report Source: 2026 3rd Quarter Report

Nitco Ltd. Stock Analysis NITCO.NS

India Industrials Micro Cap Report: Q3, 2026

Nitco Ltd. engages in the manufacture, marketing, and distribution of tiles and marble products. The company is headquartered in Mumbai, Maharashtra and currently employs 534 full-time employees. The company went IPO on 2006-04-14. The firm operates through two segments, namely Tiles and related products and Real Estate. The firm offers wall tiles, floor tiles, marble, and mosaico. The Company’s products include Glazed Vitrified Tiles, Vitrified DCH, Vitrified Heavy Duty, Vitrified SST, Full Body Vitrified, Wooden Wall Tiles, Wooden Ceramic Tiles, Wooden Vitrified Tiles, Ceramic Wall Tiles, among others. The company provides various ranges of Ceramic Floor Tiles, including Cotto Bronze, Cotto Rouge, Cotto Rouge Decor, Crosswood Chestnut, Mayfair Statuario, among others. The company provides various ranges of Wooden Wall Tiles, including Legna Leaf, Legna Leaf Decor, Legna Leaf LT, Glam Wood, Glam Wood Decor, Glam Wood LT, Mahogany, Mahogany Decor,among others. The company has manufacturing facilities in Maharashtra and Silvassa and sells primarily in India through independent dealers/distributors and modern trade.

Key Statistics of Nitco Ltd (NITCO.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹95.15₹101.99

Today's Open

₹101.99

Volume

365.12K

P/E Ratio (TTM)

52 Week Range

₹64.00₹163.95

Market Cap

20.93B

Avg. Volume

1.12M

Dividend Yield

Financial Metrics & Statements of Nitco Ltd (NITCO.NS)

FAQ's for Nitco Ltd (NITCO.NS)

According to Musaffa’s Shariah screening methodology, Nitco Ltd (NITCO.NS) is currently classified as HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.