NSE: NITTAGELA · BSE: 506532 · ISIN INE265B01019
Nitta Gelatin India Limited stock analysis
Nitta Gelatin India Limited ranks #495 in the TickerSutra evidence-ranked universe with a score of 64/100 and 95% data confidence. The latest captured fundamentals show ROCE of 27.7%, quarterly sales growth of 1.5% and quarterly profit growth of 28.4%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- ROCE is 27.7%
- Low debt/equity of 0.01×
- Strong CFO/EBITDA of 0.88×
- Institutional ownership is rising
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹506cr | ₹64cr | ₹35cr | 13.0% |
| 2023 | ₹565cr | ₹114cr | ₹74cr | 20.0% |
| 2024 | ₹533cr | ₹124cr | ₹84cr | 23.0% |
| 2025 | ₹527cr | ₹106cr | ₹84cr | 20.0% |
| 2026 | ₹588cr | ₹138cr | ₹97cr | 23.0% |
| TTM | ₹590cr | ₹143cr | ₹103cr | 24.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Change in nomination by Kerala State Industrial Development Corporation Ltd.
RoutineNitta Gelatin India Ltd-$ - 506532 - Closure of Trading WindowBSE · 25 Sept 2026As per the Company''s Code of Conduct for the Prohibition of Insider Trading framed pursuant to SEBI(PIT) Regulations, 2015, as amended, the trading window for dealing in securities of ....
RoutineNitta Gelatin India Ltd-$ - 506532 - Announcement under Regulation 30 (LODR)-Newspaper PublicationBSE · 23 Sept 2026Newspaper Advertisement published in Financial Express in connection with information related to opening of a special window for transfer and dematerialisation of physical shares which ....
RoutineNitta Gelatin India Ltd-$ - 506532 - Shareholder Meeting / Postal Ballot-Scrutinizer"s ReportBSE · 9 Sept 2026Voting Results and Scrutinizer''s Report of Postal Ballot conducted by the Company.
MANAGEMENT COMMENTARY
Signals from filed documents
The 550 Metric Ton expansion project has been completed and 42 commissioned in the second quarter of the Financial Year 2025-26. Commercial production from the new plant was also commenced in the second Quarter of the Financial Year 2025-26. The ongoing Gelatin Expansion Project is progressing as per schedule and is expected to enable your Company tap the opportunities in the growing Gelatin market especially in the
Despite these headwinds, the Company has successfully differentiated itself on the quality of bone gelatin, which has maintained its market share and is actively collaborating with industry participants to develop hide-based raw materials to support future growth. Outlook Driven by rapid growth in the nutraceutical industry, particularly in wellness-focused and specialty products, the outlook for bone gelatin in caps
In November 2025, the Nitta Gelatin Group unveiled its Long-Term Management Vision, which sets an ambitious target of doubling net sales and increasing operating income by 2.5 times by the fiscal year ending March 2033. We are confident that Nitta Gelatin India Limited will continue to make a significant contribution towards realizing this vision and driving the Group’s future growth. As we enter the next phase of ou
Nutraceutical Expansion: The nutraceutical industry is contributing significantly to bone gelatin demand for dietary supplements, with a projected 32% increase in demand for gelatin-based supplements. Key Challenges • Supply Chain Volatility: Fluctuating raw material costs, particularly in the bovine sector, can cause margin pressure. The Company is actively investing in sustainable and traceable sourcing and long- t
Nutraceutical Expansion: The nutraceutical industry is contributing significantly to bone gelatin demand for dietary supplements, with a projected 32% increase in demand for gelatin-based supplements. Key Challenges • Supply Chain Volatility: Fluctuating raw material costs, particularly in the bovine sector, can cause margin pressure. The Company is actively investing in sustainable and traceable sourcing and long- t
Social Sustainability Focus on Corporate Social Responsibility initiatives in the areas of education, healthcare, women empowerment, sports etc. Economic Sustainability Focus on cost optimisation, supply chain efficiency and growth initiatives, including capacity expansion in Gelatin and Collagen Peptides. The Company aspires to set new benchmarks in the Indian Gelatin industry and beyond, through World-class sustain
The industry is further strengthened by government initiatives such as "Make in India" and “Production Linked Incentive (PLI) scheme” for pharma industry, boosting local production capabilities. Key drivers and trends in this growth include: • High Export Potential: Indian manufacturers are gaining global recognition for high-quality production, adherence to strict regulatory compliance and cost- effectiveness, makin
The Company has been able to source raw materials competitively and meet market demand, which has helped to ease pricing pressure through better cost economics. In addition, the imposition of tariffs by the US administration has led to a temporary dip in sales and further pricing pressure; however, in several cases, the tariffs were passed on to customers and volumes were successfully redirected to emerging markets,
The industry is further strengthened by government initiatives such as "Make in India" and “Production Linked Incentive (PLI) scheme” for pharma industry, boosting local production capabilities. Key drivers and trends in this growth include: • High Export Potential: Indian manufacturers are gaining global recognition for high-quality production, adherence to strict regulatory compliance and cost- effectiveness, makin
The Audit Committee has reviewed the certificates provided by Managing Director and CFO of the Company as required under the RPT Industry Standards. Disclosure that the Material RPT or any material modifications thereto, has been approved by the Audit Committee and the Board of Directors recommends the proposed transactions to the shareholders for approval. Proposed material RPTs have been approved by the Audit Commi
Collagen peptide exports increased by 90% in terms of volumes. DCP sales was higher by 25% due to higher price realization owing to new acid regulation making domestic Rock DCP production unviable and higher import costs. Risks and Concerns There exists a Risk Management Committee of executives which meets on a periodic basis for identification of major risks and mitigation plans thereof.
The web link where policy for determining Material Subsidiaries is as follows: https://gelatin.in/uploads/homecontent/ Material%20Subsidiary%20 Policy_20250313043553.pdf (f) The web link where the policy on dealing with related party transactions is disclosed is as follows: https://gelatin.in/uploads/homecontent/RPT%20 Polcy_20260202104310.pdf (g) The Company does not deal in commodity hedging activities and is there
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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