ABOUT US - Company Profile
Nitco is the only premium tile brand in India. That is why we are
known as trend setters within the industry. This is because, since our
inception in 1953, we have remained loyal to our core values of
innovation, product quality and customer service.
Nitco Ltd., which is a limited liability company in India, is today
traded on two stock exchanges; Bombay Stock Exchange (BSE) and the
National Stock Exchange (NSE). Nitco was established in Bombay (India)
in 1953 and is today one of the largest manufacturers of floor tiles
in India. We have a volume market share of around 6% and a value market share of around 12% among organized players. Gross sales for Financial year 2010-11 was 728.55 crores (approx USD 164 million) up from 2009-10 turnover of Rs. 465.33 crores (approx USD 104.6 million). (Conversion rate 1 USD - Rs. 44.49 on 1.7.11, Source: www.xe.com).
When we think of tiles, we think of concepts. Our in vogue designs and
advanced technological processes derive from the very birthplace of
ceramic tile making; Italy and Spain. Over the years we have developed
our technology and design skills at such a cutting edge rate, that we
believe ourselves to offer more to the Indian market than any other
world class tile manufacturer. This is because we take great care in
understanding our customers and seeking out their hidden desires. What
also separates us from others in the industry, is that we think of our
work as an art-form and consider each tile we produce, to be a unique
As a testament to our truly avant-guard thinking, we have won thirteen
Capexil awards for innovation and design and two Construction World
awards. Ceramic tiles, vitrified tiles, pavers, imported marble,
engineered marble, intarsia, inlays and mosaic are but a few of the
products we offer. Today, the Nitco Group consists of Nitco Tiles,
Nitco Marble, Nitco Art (Mosaico and Intarsia), Nitco Wall Tiles and
Nitco Earth (Real Estate).
It is our vision to continue on our path of innovation and to continue
offering premium surfacing solutions throughout India and the entire
the world. We consider ourselves as a global provider of finest
quality tiles and always aim to excel in everything we do.
Business aside, we are very much aware of the human factors involved
in our business. We are aware that our customers and employees expect
and deserve only the best. Awareness of these underlying issues lies
deep within the fabric of our day-to-day work. We are also very much
concerned about environmental factors and we therefore ensure that our
entire manufacturing process is non-polluting, that we recycle all
effluents and do not discharge any harmful materials into open land.
The Tile Plant at Alibaug, Maharashtra has been certified for Integrated Management System ( ISO 9001:2008 - For Quality Management , ISO 14001:2004 - Environment Management , OHSAS 18001:2007 - Occupational Health and Safety Management) and the Corporate office has been certified for ISO 9001:2008 - For Quality Management .