Nitco Tiles Franchise

* Breakdown as published by Nitco Tiles.

Ways to Partner with Nitco Tiles

2 partner models published by the brand. Figures it doesn't publish are left blank.

Nitco Tiles's own claim — no evidence given. These are not FranchiseChuno's estimates or a promise of earnings; ask existing franchisees what they actually make.

PaybackMonths until cumulative profit equals what you invested.

6 months – 18 months

Nitco's franchisee page claims "Recover your investment within 6 months to 1.5 years". No sample P&L, sales or margin is published to support it.

What the press, courts and real franchisees or customers have said about Nitco Tiles — summarised by us, with every source linked.

• Legal / regulatory· 2026-08-12

  Rs 170 crore DGFT penalty confirmed on appeal; no provision made

  The FY2025-26 annual report discloses a Rs 170 crore penalty over export obligations, confirmed by the DGFT appellate bench. NITCO says it has legal advice that the order is bad in law and has not provided for it. The auditor flags it as an emphasis of matter without modifying the opinion.

  Source: NITCO Annual Report 2025-26 (auditor's report, Note 38) (the brand's own site)
• Legal / regulatory· 2026-08-12

  Pending insolvency petition and DRT recovery matter

  The company discloses a section 9 petition at NCLT Mumbai (pre-admission, contested as a disputed debt) and a DRT recovery certificate for Rs 73.54 crore awaited. Earlier lender proceedings were settled through the 2024-25 restructuring.

  Source: NITCO Annual Report 2025-26 (directors' report) (the brand's own site)
• regulatory· 2025-01-28

  Authum told the exchanges it was allotted 11.25 crore NITCO shares under the restructuring

  In a stock exchange disclosure dated 28 January 2025, Authum Investment & Infrastructure said it was allotted 11,25,00,000 equity shares of NITCO under a binding restructuring agreement dated 22 October 2024, making NITCO its associate company. The filing also gives NITCO's net worth at 31 March 2024 as negative Rs 502.21 crore.

  Source: Authum Investment & Infrastructure, Regulation 30 disclosure to BSE/NSE/CSE, 28 Jan 2025
• Franchisee view· 2026-11-12

  Partner testimonials published by NITCO

  Five partner testimonials (e.g. JP Brothers, Jyoti Taps N Tiles, Shree Jee Tiles) praise product quality and support. They are published by the brand, are mostly from dealer-style partners and give no financial detail.

  Source: Nitco franchisee page (the brand's own site)

Key Terms at Nitco Tiles

The clauses that shape day-to-day running and your exit — read these before the fee.

Stock & returns

Gujarat page says stock is held and owned by NITCO, so zero inventory sits on the partner's books; applies to that route only.

Payments to the brand

Gujarat page says partner commission is category-wise and credited monthly on POS billing; no rate is published.

Other terms

Fee, royalty or commission rate, agreement term, renewal, exit and transfer terms are not published on either page; Gujarat page says final terms are set in the franchise agreement.

Legal & Contract Summary

Key contract terms at a glance — read before you sign.

Who Can Apply for Nitco Tiles

Conditions the brand sets for partners, and the licences the business needs.

• Property (Gujarat flagship): Own land or showroom of 10,000 sq ft or moreRequired
• Property (general formats): High-visibility location recommended; 500 to 4,500+ sq ft by formatPreferred

About the Brand

Nitco Tiles Outlet Network

Cities with Outlets

These figures are for the parent company, not this brand alone — separate from what a single franchise outlet earns.

A profitable franchisor doesn't mean profitable franchisees. These are the company's numbers, not an outlet's. A franchisor can grow on fees and supplies while outlets struggle — talk to existing franchisees and see their accounts before you decide.

Company Health Check

What Nitco Tiles's franchisor company has filed with the registrar and the courts — the checks a lawyer would run before you sign.

Paid-up capital

₹390.52 Cr

Auditor

M M Nissim & Co LLP

Source: NITCO Annual Report 2025-26 (directors' report, auditor's report, notes) and nitco.in; MCA21, GST portal, IBBI, IP India and e-Daakhil not read (checked 2026-11-12)

How Nitco Tiles looks once the numbers are checked side by side.

• •Investment below the Home Improvement & Building medianMidpoint ₹0 L vs a category median of ₹28.5 L across brands on FranchiseChuno.
• ✓Brand operating for 73 yearsFounded in 1953. The brand doesn't state when franchising began.

Ask Before You Sign

Questions tailored to what Nitco Tiles does and doesn't publish.

1. 1Speak to at least 3 franchisees who have run an outlet for 2+ years and see their actual monthly sales and profit — a franchisor making money doesn't mean its franchisees do.
2. 2Ask for every upfront payment in writing — deposit, onboarding, equipment or stock — and which parts are refundable.
3. 3Ask exactly how your margin or commission is calculated, when it's paid, and whether the brand can change it.
4. 4Ask for the agreement term, renewal fee and exit or transfer terms.
5. 5Ask whether you get an exclusive territory, and how large it is.
6. 6Have a lawyer review the franchise agreement before paying anything.
7. 7Visit 2–3 existing outlets and speak to their owners without the brand present.

What Nitco Tiles franchisees say

We haven't yet heard from enough Nitco Tiles franchisees to show anything. We publish totals once 3 or more people who run an outlet have answered and we've called each one to check.

Frequently Asked Questions