February 14, 2026

NITCO/SE/2025-26/56

==> picture [157 x 66] intentionally omitted <==

To,

Corporate Service Department BSE Limited Jeejeebhoy Towers Dalal Street, Mumbai – 400 001 Script code:532722	The Listing Department National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra (E), Mumbai – 400 051 Script code:NITCO

Dear Sir/Madam,

Sub: Submission of Investor Presentation for Q3 FY 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“the Listing Regulations”), as amended, please find enclosed herewith the Investor Presentation for Q3 FY 2026 of the Company.

The said presentation is also being uploaded on the website of the Company at www.nitco.in

Kindly take the above information on your records.

Thanking You,

Yours Sincerely, For Nitco Limited

VIVEK Digitally signed by VIVEK PRANNATH PRANNATH TALWAR TALWAR Date: 2026.02.14 21:11:52 +05'30' Vivek Talwar Chairman & Managing Director DIN: 00043180

Encl.: As above

==> picture [72 x 70] intentionally omitted <==

Registered Office: NITCO Limited, 3/A, Recondo Compound, Sudam Kalu Ahire Marg, Glaxo, Worli Colony, Mumbai, Maharashtra, India, 400 030. Tel.: 91-22-25772800|25772790. CIN: L26920MH1966PLC016547. Email: [email protected] Website: www. nitco.in

==> picture [134 x 67] intentionally omitted <==

==> picture [236 x 119] intentionally omitted <==

==> picture [650 x 89] intentionally omitted <==

----- Start of picture text -----

INVESTOR PRESENTATION
- -
----- End of picture text -----

==> picture [134 x 67] intentionally omitted <==

Managing Director’s Message
Business Overview
Key Events in Q3 FY 26
Profit and Loss Statement
Growth Drivers and Projections
Shareholding Pattern

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Managing Director’s Message

❑ This year delivered strong momentum for NITCO , with the marble business doubling in scale and strategic investments accelerating growth. Q3 recorded a 22% quarter-on-quarter revenue increase , reflecting stronger execution and market demand.
❑ The Casa Eterna Launch 2025 unlocked new synergies across tiles, marble, and mosaic, enabling dealers to access higher-value opportunities. Dealer sentiment has turned positive, recognizing NITCO’s renewed focus on innovation, premium offerings, and strategic clarity.
❑ The Union Budget 2026–27 supports a strong outlook for the tiles and marble industry , driven by sustained real estate growth, urban infrastructure development in Tier 2/3 cities. Per-capita tile consumption in India is expected to rise 25% to 1 square meter by FY29, with the industry growing at a 9.7% CAGR to reach ₹769 billion. (Reference: India’s Ceramic and Tiles Market Outlook)
❑ Aligned with these trends, NITCO is strengthening its real estate-linked portfolio of products. The combined strength of its businesses, expanding dealer network, and enhanced customer experiences positions the company for sustainable, long-term growth.

==> picture [492 x 671] intentionally omitted <==

----- Start of picture text -----

Shareholders
----- End of picture text -----

==> picture [134 x 67] intentionally omitted <==

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Business Overview

About NITCO

A leader in the surface industry, known for its innovation, quality, and sustainability for more than 70 years Listed on the Bombay Stock Exchange (BSE) and National since 2006 Stock Exchange (NSE) Cutting-edge technology with nature-inspired designs, making us the preferred choice for architects, builders, and discerning clients 18+ countries Export to , setting new benchmarks in the global tile and marble industry Marble sourced from 25+ countries directly from quarries 300+ active dealers, 9 exclusive Le Studio experience centers and 70+ franchise stores

INVESTOR PRESENTATION

– Product portfolio Tiles, Marble and Mosaic under one roof

==> picture [297 x 189] intentionally omitted <==

==> picture [297 x 188] intentionally omitted <==

Marble

Tiles

==> picture [20 x 20] intentionally omitted <==

==> picture [19 x 19] intentionally omitted <==

In house design excellence ensuring superior and trend leading tile design
Only automated Breton marble plant in India using Italian technology and amongst five such plants globally
Top quality tiles
Sourced from over 25 countries directly from quarries
Premium differentiated brand of choice for Architects and Builders

==> picture [48 x 225] intentionally omitted <==

----- Start of picture text -----

Emerging
----- End of picture text -----

==> picture [318 x 218] intentionally omitted <==

Real Estate

==> picture [20 x 20] intentionally omitted <==

Owns several marquee land parcels, partners with leading developers and executes joint development agreements

==> picture [134 x 67] intentionally omitted <==

==> picture [297 x 190] intentionally omitted <==

Mosaic

==> picture [20 x 19] intentionally omitted <==

Only organized player with multisurface mosaic capability, enabling differentiated product offerings and market leadership

INVESTOR PRESENTATION

Product portfolio

==> picture [134 x 67] intentionally omitted <==

==> picture [803 x 306] intentionally omitted <==

----- Start of picture text -----

Largest
Unique TRT
Superior
Network of production
Process of
designs and
300+ active capacity of
marble
best in
mosaic in
dealers for
covering
quality of
tiles organized
tiles 120+ designs
sector
Only brand
Expert in-
Pan India
house providing
Network
customization
design team
----- End of picture text -----

State of Art – Marble plant at Silvassa

Cutting edge Mosaic plant at Silvassa

==> picture [366 x 132] intentionally omitted <==

==> picture [366 x 158] intentionally omitted <==

~~Product portfolio~~

==> picture [451 x 278] intentionally omitted <==

----- Start of picture text -----

Select Product Portfolio- Tiles
Glazed Double Ceramic Floor
Vitrified Tile Charge and Wall
----- End of picture text -----

==> picture [451 x 280] intentionally omitted <==

----- Start of picture text -----

Select Product Portfolio- Marble
Barmant Rosso Armani Cappolino
Maestro Marble Marble Quorzo Marble
----- End of picture text -----

==> picture [410 x 276] intentionally omitted <==

----- Start of picture text -----

Select Product Portfolio- Mosaic
Mosaic Inlays
----- End of picture text -----

INVESTOR PRESENTATION

– Real Estate The surface of luxury

NITCO’s Real Estate division drives long-term value through strategic development and asset monetization of its extensive land portfolio across high-potential regions to transform prime acreage into thriving urban and luxury projects
The company’s real estate initiatives unlock significant financial strength and support sustainable growth, complementing its core building materials business

Summary of Land Bank

==> picture [134 x 67] intentionally omitted <==

Recent deals done

Thane Plot Monetization

01 Transferred its plot securing 7,459 sq.m of saleable area with an estimated ₹100 crore realization

Alibaug plot development

Signed a JDA with Total Environment, expected to yield ₹350 crores over 3 years

==> picture [1312 x 394] intentionally omitted <==

----- Start of picture text -----

Upcoming pipeline over the next 24 months
150+ acres - Mumbai Lonare, Alibaug Thal, Alibaug
(Virar, Panvel, Goregaon, Thane and Kanjurmarg)
~3 acres - Pune
Poinad-Ambepur
Worli (Opera)
160+ acres - Alibaug Pipeline
(Shreegaon Village, Karle, Lonare)
of
~ 445+ acres
45+ acres
130+ acres - Khed
of land across
Mule, Alibaug Thane
Maharashtra
~4 acres - Goa
and Goa
Dhokawade &
Bodani, Alibaug
----- End of picture text -----

NITCO has unlocked INR 58 crores in 9 M FY26 and targets unlocking substantial cashflow of ~ INR 1,000+ crores over the next 3-5 years

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Key Events in Q3 FY 26

‘Casa Eterna 2025’ launch

==> picture [49 x 637] intentionally omitted <==

----- Start of picture text -----

New Product Designs Launched
----- End of picture text -----

==> picture [335 x 194] intentionally omitted <==

==> picture [335 x 196] intentionally omitted <==

==> picture [335 x 194] intentionally omitted <==

==> picture [332 x 195] intentionally omitted <==

==> picture [335 x 194] intentionally omitted <==

==> picture [134 x 67] intentionally omitted <==

Casa Eterna 2025 event attended by ~70 dealers was held at state of art Silvassa marble plant which showcased distinguished technology, innovation and designs in surfaces of the India’s finest Marble, Mosaic and Tiles.
Launched “Natura series” premium natura tiles inspired by stone, terrain and earth’s natural wonders including replicating natural marble’s beauty
Mosaic incarnation : Mosaic as part of the launch story, emerged as a HERO category, drawing attention from architects, dealers and Project customers
NITCO was successful in showcasing an array of design possibilities, technology of superior process via its state-of-the-art Silvassa marble plant , precision Mosaic and ability to curate the best quality Tiles surface

INVESTOR PRESENTATION

‘ Newly launched Natura and Mosaico’ Designs

==> picture [134 x 67] intentionally omitted <==

New Mosaico Designs

==> picture [6 x 5] intentionally omitted <==

----- Start of picture text -----

`
----- End of picture text -----

Details on products and designs – Nature-inspired marble and stone surfaces engineered with advanced tile technology for premium interiors.
–
Sizes and Formats Available in 600 × 1200 mm and 1200 × 1800 mm
USP – Single design available across multiple surface finishes, combining luxury aesthetics with highperformance durability.

• Expanded Range – Multiple curated editions within Natura, including Classic Edition – marbleinspired timeless surfaces, Earth Edition – grounded, warm, soil- and stone-inspired tones, Exotic Edition – rare marble looks with bold natural character Extensive décor range (Blossom Decor, Mirelle Decor, Fressia White Decor, etc.)

Design Aesthetics – Timeless marble realism with refined veining, earthy tones, and layered decorative expressions.

==> picture [171 x 259] intentionally omitted <==

==> picture [171 x 263] intentionally omitted <==

INVESTOR PRESENTATION

Redesigned customer experience for product visibility

==> picture [134 x 67] intentionally omitted <==

Company has launched a new tiles display store at Morbi having enhanced display models, improving product visibility and customer decision making.
Company has opened three new franchise stores in Bihar, Uttarakhand and Tamil Nadu

New tiles display store at Morbi

==> picture [297 x 478] intentionally omitted <==

==> picture [321 x 243] intentionally omitted <==

==> picture [322 x 226] intentionally omitted <==

New LSE openings

==> picture [297 x 250] intentionally omitted <==

==> picture [329 x 247] intentionally omitted <==

Kashipur, Uttarakhand

Nawada, Bihar

==> picture [379 x 201] intentionally omitted <==

Hosur, Tamil Nadu

INVESTOR PRESENTATION

Branding Activities

Mason meets

Correct installation methods and practices Sales and technical support guidance

==> picture [551 x 23] intentionally omitted <==

Detailed explanation of tile specifications

==> picture [551 x 23] intentionally omitted <==

==> picture [134 x 67] intentionally omitted <==

Architect & Engineers meets

Tile engineering and design fundamentals

==> picture [550 x 23] intentionally omitted <==

Design led technical product explanation Design, durability, and compliance discussion

==> picture [550 x 24] intentionally omitted <==

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Profit and Loss Statement

Financial Performance of Tiles, Marble and Mosaic Business

==> picture [134 x 67] intentionally omitted <==

==> picture [1340 x 415] intentionally omitted <==

----- Start of picture text -----

500 30% 350 27% 140 29% 30%
27% 27% 27% 27% 27%
25%
26%
450 23%
24% 300 120
25% 25%
400
22%
20%
20% 250 100
350
20%
20%
300 200 80
15%
15%
250 15% 330 131
150 60
450
200 10% 107
219 93 91 10%
323 330 10% 100 40 84
150 312
65
5%
100 50 5%
20
5%
50
- 0%
- 0%
- 0% 9M FY25 9M FY26 Q2 Q3 Q4 Q1 Q2 Q3
FY 2024 FY 2025 9M FY 2026 FY 2026 (P) FY25 FY25 FY25 FY26 FY26 FY26
Tiles, Marble and Mosaic Segment Gross Margin % Tiles, Marble and Mosaic Segment Tiles, Marble and Mosaic Segment Gross Margin %
Revenue in INR Crs
----- End of picture text -----

➢ YoY Revenue grew by 56% from Q3 FY25 to Q3 FY26 and 50% from 9 M FY25 to 9 M FY26 and is projected to rise by ~44% in FY 2026 vs FY 2025
➢ The growth is supported by debt restructuring, working capital infusion, and fund-raising support by Authum
➢ Company recorded QoQ FY 26 revenue growth of 22 % from INR 107 crores in Q2 FY26 to INR 131 crores in Q3 FY26
➢ Additionally, the company recorded INR 58 crores from the real estate business in 9 M FY26 (not included above)

CORPORATE PRESENTATION

In INR Crores

– Profit & Loss Statement Company

==> picture [134 x 67] intentionally omitted <==

Particulars		Q3 FY26	Q3 FY 25	YoY (%)	Q3 FY26	Q2 FY 26	YoY (%)	YTD – FY 26	YTD – FY 25	YoY (%)
Revenue from operations		131.18	84.05	56%	131.18	107.10	22%	387.97	218.84	77%
Other Income		1.75	0.55	219%	1.75	2.32	-25%	6.92	3.16	119%
Total Income		132.92	84.60	57%	132.92	109.42	21%	394.88	222.00	78%
Expenditure
Cost of Materials Consumed		24.31	10.62	129%	24.31	20.02	21%	56.22	25.00	125%
Purchase of Stock In Trade		69.00	50.43	37%	69.00	57.74	20%	181.95	142.58	28%
Employee Benefit expenses		18.94	13.91	36%	18.94	22.01	-14%	55.49	39.62	40%
Depreciation		1.51	169.88	-99%	1.51	-14.09	-111%	-10.03	184.24	-105%
Finance Cost		1.06	10.56	-90%	1.06	0.96	10%	3.15	63.98	-95%
Other Expenses		24.71	14.79	67%	24.71	20.79	19%	63.52	38.97	63%
Total Expenses		139.54	270.18	-48%	139.54	107.43	30%	350.30	494.43	-29%
EBITDA – Excluding ESOP expenses ~~1~~		*-2.62*	*-5.14*	49%	-2.62	*-4.76*	45%	*45.49*	*-24.21*	288%
EBITDA Margin (%) – Excluding ESOP		*-2%*	*-6%*		*-2%*	*-4%*		*12%*	*-11%*
expenses
EBIDTA		-4.04	-5.14	21%	-4.04	-11.14	64%	37.70	-24.21	256%
EBITDA Margin (%)		-3%	-6%		-3%	-10%		10%	-11%
Reported PBT before exceptional item		-6.61	-185.58	96%	-6.61	1.99	-433%	44.58	-272.43	116%
Exceptional items – gain/(loss)	~~2~~	-4.00	-473.15		-4.00	-		-4.00	-461.85
Reported PAT		-10.61	-658.73	98%	-10.61	1.99	-635%	40.58	-734.28	106%

Notes:

Cost for ESOP expense for Q3 is 1.42 Cr and 9 M FY 26 is INR 7.79 Cr
Exceptional item in the profit & loss statement for Q3 FY 26 and 9 M FY 26 includes financial implication from the changes to the employee benefit plans arising from legislative amendments referred to as the “new labour code”. Hence, one-time additional provision of INR 4 Cr is made towards increase in gratuity and leave liability.

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Growth Drivers & Projections

Growth drivers and projections for Tiles, Marble and Mosaic

==> picture [134 x 67] intentionally omitted <==

==> picture [1300 x 612] intentionally omitted <==

----- Start of picture text -----

Projections –”P” (in INR Crores)
Enhanced Brand 12%
1,000 Process Efficiency
Presence
10% 10%
750
Strengthened brand 8% 8% Workflow automation and
600
awareness through digital integration.
influencer campaigns and 450 6% 6%
330
showroom experiences. 4%
2%
0%
0% Setting up POS 2.0
Channel Expansion FY 26 FY 27 FY 28 FY 29 (Silvassa)
Revenue (P)
Revenue (9M)
EBITDA (%) - P
Expand to 1200+ Establish a next-
dealer network in generation Point of Sale
next 2-3 years (POS 2.0) at a strategically
across key Tier-2 favorable Silvassa location
and Tier-3 cities
Key Account Channel Innovation
Business Expansion in Retail Formats
• Focus on builders, Roll out new retail
developers, and formats (e.g., concept
New Product
institutional buyers studios or digital-first
Introduction
• Received LoIs from outlets)
Prestige Estates &
Launch new product
Lodha Group for orders
lines in premium, digital,
worth ~INR 280 crores
and designer segments
----- End of picture text -----

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Shareholding Pattern

Shareholding

Shareholding Pattern – December 31, 2025

==> picture [252 x 236] intentionally omitted <==

----- Start of picture text -----

16%
35%
49%
----- End of picture text -----

Promoter and Promoter Group

Authum Investment And Infrastructure Limited

Others

==> picture [329 x 33] intentionally omitted <==

----- Start of picture text -----

Shareholding Pattern on fully diluted basis
(Post conversion of warrants)
----- End of picture text -----

==> picture [303 x 310] intentionally omitted <==

----- Start of picture text -----

24%
31%
45%
Promoter and Promoter Group
Authum Investment And Infrastructure Limited
Others
----- End of picture text -----

==> picture [134 x 67] intentionally omitted <==

Authum Investment & Infrastructure Ltd (“Authum”)

Authum is a listed NBFC having net worth of ~ INR 16,028 crore as on Dec 31, 2025
It deals in long term equity investments, strategic investments, financial investments and is also diversifying into a fully integrated credit platform
Authum joined as a financial investor, restructured the company’s debt, infused working capital, and supported fund-raising efforts, effectively addressing post-COVID capital structure challenges.

Source: NSE, As on Dec 31, 2025

INVESTOR PRESENTATION

Board of Directors and Management Team

Management Team

Board of Directors

==> picture [263 x 108] intentionally omitted <==

----- Start of picture text -----

Mr. Vivek
Talwar
Promoter, Chairman
& Managing Director
----- End of picture text -----

Mr. Vivek Talwar

Promoter, Chairman & Managing Director

==> picture [263 x 108] intentionally omitted <==

----- Start of picture text -----

Mr. Bikash
Jain
Chief Financial
Officer
----- End of picture text -----

Ms. Poonam Talwar

==> picture [263 x 108] intentionally omitted <==

----- Start of picture text -----

Mr. Diviyang
Chheda
President - Operations
----- End of picture text -----

==> picture [263 x 185] intentionally omitted <==

----- Start of picture text -----

Ms. Anikaa
Wasan
Director - Sales
(Marble)
10+ years of professional experience,
including 8+ years of specialized
expertise in the marble and natural
stone sector.
----- End of picture text -----

Promoter & Non-Executive Director

Dr. Ajaybir Singh Jasbir Singh Bakshi

Independent Director

==> picture [213 x 41] intentionally omitted <==

----- Start of picture text -----

20+ years of global finance leadership
experience across multinational
organizations
----- End of picture text -----

==> picture [219 x 27] intentionally omitted <==

----- Start of picture text -----

31+ years of experience across building
materials, retail, and office supplies
----- End of picture text -----

Mr. Harsh Kedia Independent Director

==> picture [105 x 92] intentionally omitted <==

==> picture [106 x 95] intentionally omitted <==

==> picture [105 x 95] intentionally omitted <==

Ms. Priyanka Agarwal

Mr. Subrata Basu

Mr. Ajeet Kumar Singh

Mr. Bhavin Chikhal

Independent Director

Vice President – Marketing

Senior General Manager – Sales (Tiles)

Vice President – Sales (Marble)

Mr. Santhosh Kumar Shet

20+ years of experience, combining marketing, sales, and business Independent Director management expertise to build brands

20+ years of experience in the marble industry having come from one the largest Marble companies in India

22+ years of leadership experience across reputed organizations

==> picture [134 x 67] intentionally omitted <==

==> picture [263 x 187] intentionally omitted <==

----- Start of picture text -----

Ms. Rupali
Kambli
Company Secretary &
Compliance Officer
11+ years of experience with expertise in
corporate governance, regulatory
compliance, risk management, and
shareholder relations
----- End of picture text -----

==> picture [100 x 102] intentionally omitted <==

==> picture [206 x 16] intentionally omitted <==

----- Start of picture text -----

Mr. Gourav Roy Chowdhury
----- End of picture text -----

General Manager - Information Technology

18 years of experience across the retail and manufacturing industries.

INVESTOR PRESENTATION

==> picture [134 x 67] intentionally omitted <==

Disclaimer

This Corporate Presentation has been prepared by NITCO Limited (“Nitco”) solely for informational purposes and does not constitute a prospectus, statement in lieu of a prospectus, letter of offer or placement memorandum or an offer to purchase or sell securities under the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 or any other applicable law, as amended from time to time. This document should not be construed as legal, financial, accounting, tax, or investment advice.
This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute an offer. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such information or opinions contained herein.
The information and opinions contained herein are provided as of date of this presentation and are subject to change without further notice. This presentation has been prepared by the Company based upon the company’s data and/or information available in the public domain. This presentation has not been approved and will not be reviewed or approved by any statutory or regulatory authority in any jurisdiction including India or by any stock exchange in India.
Certain statements made in this presentation may not be based on historical information or facts and may be “forward looking statements”, including those relating to the general business plans and strategy of Nitco, its future financial condition and growth prospects, future developments in its industry and its competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’, ‘horizons of growth’, ‘strong growth prospects’, etc., or similar expressions or variations of such expressions. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results, opportunities and growth potential to differ materially from those suggested by the forward-looking statements as a result of various factors and assumptions, including future changes or developments in its business, its competitive environment, information technology and political, economic, legal, regulatory, environmental and social conditions in India. The Company, its directors, employees, or advisors assume no liability for any loss arising from the use of this presentation or its contents. Nitco undertakes no obligation to publicly update or revise any forward-looking statements, whether due to future developments, new information, or otherwise.
Further, no representation or warranty expressed or implied is made nor is any responsibility of any kind accepted with respect to the completeness or accuracy of any information. Also, no representation or warranty, express or implied, is made that such information remains unchanged in any respect as of any date or dates after those stated herein with respect to matters concerning any statement made in this presentation.
This presentation cannot be copied and disseminated in any manner. No person is authorized to give any information or to make any representation not contained in and not consistent with this presentation and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of Nitco.
This presentation and its contents are confidential and are provided to the recipient solely for internal evaluation. Distribution, reproduction, or disclosure, in whole or in part, without prior written consent of Nitco is strictly prohibited.
All trademarks, logos, product names, and brand elements appearing herein are the property of Nitco Limited or their respective owners. Unauthorized use or reproduction is prohibited.
Nothing contained in this presentation shall create any contractual or legal obligation on the part of Nitco to proceed with any transaction or course of action.
Certain information herein may have been sourced from third parties. While such sources are believed to be reliable, Nitco does not independently verify and disclaims any responsibility for their accuracy.
This presentation and its contents shall be governed by and construed in accordance with the Laws of India, and any dispute shall be subject to the exclusive jurisdiction of the Courts at Mumbai.

Confidential - For Limited Circulation

INVESTOR PRESENTATION

==> picture [1440 x 429] intentionally omitted <==

Corporate Office

NITCO House Sheth Govindram Jolly Marg, Kanjurmarg East, Mumbai 400042

⚫ ⚫

INVESTOR PRESENTATION

AI assistant

Nitco Ltd. — Investor Presentation 2026

62410_rns_2026-02-14_03b582cb-5b5e-4825-852b-ad4c9eec8724.pdf

To,

Sub: Submission of Investor Presentation for Q3 FY 2026 pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Contents

Managing Director’s Message