Nidhi Granites (BOM:512103) Days Payable: 38.77 (As of Mar. 2026) — Near Median

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BOM:512103 Nidhi Granites Ltd BOM:512103
62 GF Score
Price ₹370.95
GF Value ₹224.47
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Nidhi Granites Days Payable?

Nidhi Granites BOM:512103 62 Days Payable is 38.77 as of Mar. 2026, which is 9% above its 10-year median of 35.72. GuruFocus rates BOM:512103 with a GF Score™ of 62/100 and a GF Value™ of ₹224.47 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 395 Building Materials companies, Nidhi Granites ranks worse than 77.97% on this metric.

Nidhi Granites's average Accounts Payable for the three months ended in Mar. 2026 was ₹46.3 Mil. Nidhi Granites's Cost of Goods Sold for the three months ended in Mar. 2026 was ₹109.1 Mil. Hence, Nidhi Granites's Days Payable for the three months ended in Mar. 2026 was 38.77.

The historical rank and industry rank for Nidhi Granites's Days Payable or its related term are showing as below:

BOM:512103' s Days Payable Range Over the Past 10 Years
Min: 23.84   Med: 35.72   Max: 7938.75
Current: 38.8

During the past 13 years, Nidhi Granites's highest Days Payable was 7938.75. The lowest was 23.84. And the median was 35.72.

BOM:512103's Days Payable is ranked worse than
77.97% of 395 companies
in the Building Materials industry
Industry Median: 69.35 vs BOM:512103: 38.80

Nidhi Granites's Days Payable increased from Mar. 2025 (29.11) to Mar. 2026 (38.77). It may suggest that Nidhi Granites delayed paying its suppliers.


Nidhi Granites Days Payable Historical Data

* Premium members only.

The historical data trend for Nidhi Granites's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nidhi Granites Days Payable Chart

Nidhi Granites Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.84 42.91 40.00 31.43 30.95

Nidhi Granites Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29.11 19.17 65.13 59.12 38.77

BOM:512103 vs CRH, VMC, MLM: Days Payable Comparison

For the Building Materials subindustry, Nidhi Granites's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nidhi Granites Days Payable vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Nidhi Granites's Days Payable distribution charts can be found below:

* The bar in red indicates where Nidhi Granites's Days Payable falls into.


BOM:512103
62GF Score
Nidhi Granites Ltd BOM:512103
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nidhi Granites Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Nidhi Granites's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as

Days Payable (A: Mar. 2026 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Mar. 2025 ) + Accounts Payable (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (30.236 + 46.329) / 2 ) / 451.42*365
=38.2825 / 451.42*365
=30.95

Nidhi Granites's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 46.329) / 1 ) / 109.05*365 / 4
=46.329 / 109.05*365 / 4
=38.77

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 38.77 mean?
Nidhi Granites (BOM:512103) has a Days Payable of 38.77 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nidhi Granites and its competitors. This is near median its historical median of 35.72. Over the past decade, Nidhi Granites' Days Payable has ranged from 23.84 to 7,938.75. According to the industry distribution chart, Nidhi Granites ranks #308 out of 395 companies in the Building Materials industry, placing it in the top 78%.
Is Nidhi Granites' Days Payable too high?
Nidhi Granites' current Days Payable of 38.77 is near median its 10-year median of 35.72. Over the past 10 years, this metric has ranged from a low of 23.84 to a high of 7,938.75. The Building Materials industry median Days Payable is 69.35. Nidhi Granites' value of 38.77 is 44.1% below this industry median. Based on the distribution chart, Nidhi Granites ranks #308 out of 395 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Nidhi Granites has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nidhi Granites' Days Payable compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nidhi Granites ranks #308 out of 395 companies for Days Payable. This places Nidhi Granites in the lower half of its industry. The industry median Days Payable is 69.35. Nidhi Granites' value of 38.77 is 44.1% below this benchmark. Historically, Nidhi Granites' own Days Payable has ranged from 23.84 to 7,938.75 over the past decade. While the company's 10-year median is 35.72 vs. the industry median of 69.35, Nidhi Granites has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Building Materials company?
The median Days Payable among Building Materials companies is 69.35, based on 395 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nidhi Granites's current Days Payable of 38.77 is 44.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nidhi Granites and its competitors. For the Building Materials industry, the median Days Payable is 69.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidhi Granites's current Days Payable is 38.77, which is near median its own 10-year median of 35.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidhi Granites stock overvalued right now?
Based on GuruFocus' analysis, Nidhi Granites (BOM:512103) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹224.47, compared to a current price of ₹370.95 — trading 65.3% above its estimated fair value. The current Days Payable is 38.77, which is near median its 10-year median of 35.72 and 44.1% below the Building Materials industry median of 69.35. Nidhi Granites' overall GF Score™ is 62/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nidhi Granites (BOM:512103), the current Days Payable is 38.77 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nidhi Granites (BOM:512103) Overvalued in 2026?

Based on GuruFocus' analysis, Nidhi Granites stock appears to be overvalued. The current stock price of ₹370.95 is trading 65.3% above its estimated GF Value™ of ₹224.47. GuruFocus considers Nidhi Granites to be Significantly Overvalued.

Key valuation signals for BOM:512103:

  • Days Payable: 38.77 (near median its 10-year median of 35.72)
  • GF Value™: ₹224.47 vs. price of ₹370.95 (65.3% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 44.1% below the Building Materials median (#308 of 395)

No single metric tells the full story. See the BOM:512103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nidhi Granites Business Description

Address 503, Madhu Industrial Park, Mogra Cross Road, Next to Apollo Chambers, Andheri East, Mumbai, MH, IND, 400069
Nidhi Granites Ltd is an India-based company engaged in the business of manufacturing and trading of granite and marble slabs, tiles, sandstone, and limestone products. investment activities. Its segments include Paper and Paperboard, Garments, and Construction materials. The company is also engaged in share trading and investment in shares and mutual funds.
62GF Score

Get the complete analysis for BOM:512103

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹370.95
Price
₹224.47
GF Value