{"id":204475,"date":"2026-08-14T14:22:32","date_gmt":"2026-08-14T08:52:32","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=204475"},"modified":"2026-08-14T14:22:35","modified_gmt":"2026-08-14T08:52:35","slug":"nidhi-granites-q1-fy27-results-pat-2-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/","title":{"rendered":"Nidhi Granites Q1 FY27 Results: PAT Grows 29% to Rs 2 Crore Despite Revenue Declining 20%"},"content":{"rendered":"<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Nidhi Granites Q1 FY27: Revenue Rs 15 Cr (-20.05% YoY). PAT Rs 2 Cr (+29.25%). Gross profit Rs 3 Cr (+22.23%). Consolidated. CMP Rs 287.00 on Aug 13.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">Nidhi Granites delivered a resilient Q1 FY27 performance, with consolidated PAT growing 29% to Rs 2 crore from Rs 2 crore in Q1 FY26, even as revenue declined 20.05% to Rs 15 crore from Rs 19 crore. Gross profit improved 22% to Rs 3 crore from Rs 3 crore in Q1 FY26. The divergence between falling revenue and rising profits points to meaningful margin improvement in Nidhi Granites Q1 FY27 results from better granite product mix and cost management.<\/p>\n<\/div>\n<p>Nidhi Granites Q1 FY27 results showed the granite and natural stone company reporting consolidated revenue of Rs 15 crore, a 20.05% decline from Rs 19 crore in Q1 FY26. Despite the top-line contraction, the company managed to grow profits \u2014 a demonstration of the margin improvement that Nidhi Granites has achieved in its granite processing and export operations.<\/p>\n<p>The Nidhi Granites Q1 FY27 results showed gross profit growing 22.23% to Rs 3 crore on lower revenue, implying that gross margin expanded from approximately 16% (Rs 3 Cr on Rs 19 Cr) to 20% (Rs 3 Cr on Rs 15 Cr). This margin improvement, combined with controlled overhead expenses, allowed PAT to grow 29% to Rs 2 crore despite the revenue shortfall.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=nidhi-granites-q1fy27\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Nidhi_Granites_Q1_FY27_Financial_Highlights\" title=\"Nidhi Granites Q1 FY27 Financial Highlights\">Nidhi Granites Q1 FY27 Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Nidhi_Granites_Q1_FY27_Performance_Analysis\" title=\"Nidhi Granites Q1 FY27 Performance Analysis\">Nidhi Granites Q1 FY27 Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Key_Business_Factors_in_Q1_FY27\" title=\"Key Business Factors in Q1 FY27\">Key Business Factors in Q1 FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Premium_Product_Mix_Shift\" title=\"Premium Product Mix Shift\">Premium Product Mix Shift<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Export_Market_Dynamics\" title=\"Export Market Dynamics\">Export Market Dynamics<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Cost_Management_on_Lower_Volumes\" title=\"Cost Management on Lower Volumes\">Cost Management on Lower Volumes<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Dividend_Details\" title=\"Dividend Details\">Dividend Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#FY27_Outlook\" title=\"FY27 Outlook\">FY27 Outlook<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Nidhi_Granites_Stock_Performance\" title=\"Nidhi Granites Stock Performance\">Nidhi Granites Stock Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Revenue_Decline_Sustainability\" title=\"Revenue Decline Sustainability\">Revenue Decline Sustainability<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Global_Granite_Market_Competition\" title=\"Global Granite Market Competition\">Global Granite Market Competition<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Quarrying_and_Environmental_Risk\" title=\"Quarrying and Environmental Risk\">Quarrying and Environmental Risk<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Frequently_Asked_Questions_on_Nidhi_Granites_Q1_FY27_Results\" title=\"Frequently Asked Questions on Nidhi Granites Q1 FY27 Results\">Frequently Asked Questions on Nidhi Granites Q1 FY27 Results<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#When_were_Nidhi_Granites_Q1_FY27_results_announced\" title=\"When were Nidhi Granites Q1 FY27 results announced?\">When were Nidhi Granites Q1 FY27 results announced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#What_was_Nidhi_Granites_revenue_in_Q1_FY27\" title=\"What was Nidhi Granites&#8217; revenue in Q1 FY27?\">What was Nidhi Granites&#8217; revenue in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#What_was_Nidhi_Granites_PAT_in_Q1_FY27\" title=\"What was Nidhi Granites&#8217; PAT in Q1 FY27?\">What was Nidhi Granites&#8217; PAT in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Why_did_Nidhi_Granites_profits_grow_despite_a_20_revenue_decline_in_Q1_FY27\" title=\"Why did Nidhi Granites&#8217; profits grow despite a 20% revenue decline in Q1 FY27?\">Why did Nidhi Granites&#8217; profits grow despite a 20% revenue decline in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Did_Nidhi_Granites_declare_a_dividend_for_Q1_FY27\" title=\"Did Nidhi Granites declare a dividend for Q1 FY27?\">Did Nidhi Granites declare a dividend for Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#What_is_the_outlook_for_Nidhi_Granites_after_Q1_FY27_results\" title=\"What is the outlook for Nidhi Granites after Q1 FY27 results?\">What is the outlook for Nidhi Granites after Q1 FY27 results?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/univest.in\/blogs-2\/nidhi-granites-q1-fy27-results-pat-2-crore\/#Is_Nidhi_Granites_a_good_investment_after_Q1_FY27_results\" title=\"Is Nidhi Granites a good investment after Q1 FY27 results?\">Is Nidhi Granites a good investment after Q1 FY27 results?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Nidhi_Granites_Q1_FY27_Financial_Highlights\"><\/span><strong>Nidhi Granites Q1 FY27 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse: collapse; width: 100%; margin: 16px 0;\" border=\"1\" cellspacing=\"0\" cellpadding=\"6\">\n<thead style=\"background: #1F4E79; color: #ffffff;\">\n<tr>\n<th>Metric<\/th>\n<th>Q1 FY27 (Rs Crore)<\/th>\n<th>Q1 FY26 (Rs Crore)<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue<\/td>\n<td>15.00<\/td>\n<td>19.00<\/td>\n<td>-20.05%<\/td>\n<\/tr>\n<tr>\n<td>Gross Profit<\/td>\n<td>3.00<\/td>\n<td>3.00<\/td>\n<td>+22.23%<\/td>\n<\/tr>\n<tr>\n<td>Net Profit \/ PAT<\/td>\n<td>2.00<\/td>\n<td>2.00<\/td>\n<td>+29.25%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Nidhi_Granites_Q1_FY27_Performance_Analysis\"><\/span><strong>Nidhi Granites Q1 FY27 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Use the Univest Screener to track Nidhi Granites live financials and Q1 FY27 results<\/strong><\/a><\/p>\n<p>Nidhi Granites Q1 FY27 results present a quality-over-quantity performance narrative. Revenue fell 20% but gross profit grew 22%, which means the company sold fewer granite volumes but at much better margins per unit. This reflects either a premium product mix shift, better export realisations, or improved procurement efficiency in the granite sourcing and processing operations.<\/p>\n<p>The gross margin expansion in Nidhi Granites Q1 FY27 results from approximately 16% to 20% on lower revenue signals that the company is successfully moving up the value chain in granite products. Processed granite slabs, premium finish varieties, and export-grade stone products carry significantly better margins than commodity granite blocks.<\/p>\n<p>PAT at Rs 2 crore in Nidhi Granites Q1 FY27 results, up 29% on 20% lower revenue, is a strong indicator of the business model improvement. Fixed costs as a percentage of revenue have likely risen with lower sales, yet PAT grew, which validates the strength of the gross margin improvement in covering fixed overheads more efficiently.<\/p>\n<p>Investors monitoring Nidhi Granites Q1 FY27 results should examine whether the revenue decline reflects a deliberate strategic shift toward higher-margin granite products or external demand headwinds that could persist. The answer determines whether the profit improvement is structural or a temporary mix effect.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Business_Factors_in_Q1_FY27\"><\/span><strong>Key Business Factors in Q1 FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Premium_Product_Mix_Shift\"><\/span><strong>Premium Product Mix Shift<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Gross profit growing 22% on 20% lower revenue in Nidhi Granites Q1 FY27 results indicates the company is selling higher-margin granite products. Premium polished slabs, exotic varieties, or value-added processed granite products carry significantly better margins than commodity stone export volumes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Export_Market_Dynamics\"><\/span><strong>Export Market Dynamics<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Granite companies like Nidhi Granites often have significant export revenue from markets in North America, Europe, and the Middle East. Revenue volatility in Q1 FY27 results could reflect order timing gaps or currency-related demand moderation in key export markets, while premium orders sustained margins.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cost_Management_on_Lower_Volumes\"><\/span><strong>Cost Management on Lower Volumes<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Maintaining and growing gross profit on lower revenue in Nidhi Granites Q1 FY27 results requires effective cost management in quarrying, processing, and logistics. The company appears to have successfully controlled direct costs per tonne of granite processed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Details\"><\/span><strong>Dividend Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nidhi Granites has not declared a dividend for Q1 FY27. The company is focused on working capital management and sustaining the margin improvement demonstrated in Q1 FY27 results.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"FY27_Outlook\"><\/span><strong>FY27 Outlook<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The FY27 outlook for Nidhi Granites is cautiously positive. India&#8217;s granite industry benefits from both domestic construction demand and strong global demand for Indian granite, which is renowned for quality and variety. If revenue recovers while maintaining the improved margin profile, the full-year earnings trajectory will be encouraging.<\/p>\n<p>Key risks include export market demand fluctuations, global granite competition from Brazil and China, and any recovery in domestic granite supply that could compress pricing. Revenue volume recovery combined with margin sustainability would be the ideal Q2 FY27 outcome following Nidhi Granites Q1 FY27 results.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Nidhi_Granites_Stock_Performance\"><\/span><strong>Nidhi Granites Stock Performance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Nidhi Granites share price live and stay updated on quarterly results.<\/em><\/p>\n<p>Nidhi Granites shares traded at Rs 287.00 on August 13, 2026, down 5.00% on the day. The stock&#8217;s decline likely reflects investor concern about the 20% revenue fall in Q1 FY27 results, despite the positive PAT trend. Revenue recovery will be a catalyst for a re-rating.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Revenue_Decline_Sustainability\"><\/span><strong>Revenue Decline Sustainability<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A 20% revenue decline in Nidhi Granites Q1 FY27 results is significant. If this reflects weakening export demand rather than strategic mix shift, subsequent quarters could see continued revenue pressure that eventually outweighs the margin improvement.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Global_Granite_Market_Competition\"><\/span><strong>Global Granite Market Competition<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>India faces competition from Brazilian and Chinese granite in key export markets. Any shift in buyer preferences or price competition from these markets could reduce Nidhi Granites&#8217; export volumes and realisation levels, reversing the margin improvement visible in Q1 FY27 results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quarrying_and_Environmental_Risk\"><\/span><strong>Quarrying and Environmental Risk<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Granite quarrying operations are subject to environmental regulations, mining lease renewals, and geological risks. Disruption in quarrying activity could affect Nidhi Granites&#8217; supply chain and production volumes, impacting revenue from Q1 FY27 results levels.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Nidhi Granites Q1 FY27 results demonstrate margin resilience, with PAT growing 29% to Rs 2 crore and gross profit improving 22% despite revenue declining 20% to Rs 15 crore. The performance reflects better quality granite product positioning and effective cost management.<\/p>\n<p>Revenue recovery in subsequent quarters will be the key test of whether Nidhi Granites can combine the margin improvement of Q1 FY27 results with volume growth for stronger full-year earnings. Consult a SEBI-registered advisor before making any investment decision.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Nidhi_Granites_Q1_FY27_Results\"><\/span><strong>Frequently Asked Questions on Nidhi Granites Q1 FY27 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_were_Nidhi_Granites_Q1_FY27_results_announced\"><\/span><strong>When were Nidhi Granites Q1 FY27 results announced?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nidhi Granites Q1 FY27 results were announced on August 13, 2026, covering the April to June 2026 quarter on a consolidated basis.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_Nidhi_Granites_revenue_in_Q1_FY27\"><\/span><strong>What was Nidhi Granites&#8217; revenue in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nidhi Granites reported consolidated revenue of Rs 15 crore in Q1 FY27, down 20.05% from Rs 19 crore in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_Nidhi_Granites_PAT_in_Q1_FY27\"><\/span><strong>What was Nidhi Granites&#8217; PAT in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nidhi Granites&#8217; net profit (PAT) was Rs 2 crore in Q1 FY27, up 29.25% from Rs 2 crore in Q1 FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Nidhi_Granites_profits_grow_despite_a_20_revenue_decline_in_Q1_FY27\"><\/span><strong>Why did Nidhi Granites&#8217; profits grow despite a 20% revenue decline in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nidhi Granites Q1 FY27 results show gross profit growing 22% on 20% lower revenue, indicating a shift to higher-margin premium granite products or better export realisations that improved per-unit profitability even on fewer volumes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_Nidhi_Granites_declare_a_dividend_for_Q1_FY27\"><\/span><strong>Did Nidhi Granites declare a dividend for Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nidhi Granites has not declared a dividend for Q1 FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_outlook_for_Nidhi_Granites_after_Q1_FY27_results\"><\/span><strong>What is the outlook for Nidhi Granites after Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The FY27 outlook depends on revenue recovery while maintaining the improved margin profile. Export market demand and global competition will be key determinants.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Nidhi_Granites_a_good_investment_after_Q1_FY27_results\"><\/span><strong>Is Nidhi Granites a good investment after Q1 FY27 results?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Nidhi Granites Q1 FY27 results show strong margin improvement but revenue decline is a concern. Investors should monitor export demand recovery and consult a SEBI-registered advisor.<\/p>\n<div class=\"faq-schema\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nidhi Granites Q1 FY27 results showed PAT growing 29% to Rs 2 crore despite revenue falling 20% to Rs 15 crore, as gross profit improved 22% reflecting better granite product margins.<\/p>\n","protected":false},"author":36,"featured_media":204474,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[3802],"class_list":["post-204475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-news"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["204474"],"_edit_lock":["1786697557:36"],"_last_editor_used_jetpack":["block-editor"],"rank_math_primary_category":["24"],"rank_math_seo_score":["78"],"rank_math_title":["Nidhi Granites Q1 FY27 Results: PAT Up 29%, Revenue Falls 20%"],"rank_math_description":["Nidhi Granites Q1 FY27 results: PAT grew 29% to Rs 2 crore while revenue fell 20% to Rs 15 crore. 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