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Nitiraj Engineers

Nitiraj Engineers Latest Share Price (NITIRAJ)

TechnicalsTV Chart
198.91
5.53−2.70%
Overall Score48/100
Day range195
₹198.91
210
52-week168
₹198.91
237
Above low+18.4%
Below high16.1%
Range position45%
Open209.95
Prev Close204.44
Bid198.89100
Ask198.94100

TODAY IN ONE LINE

NITIRAJ fell 2.7% on light volume, lagging Nifty's 0.1% move.

With a market cap of ₹200.48 Cr., it trades at a P/E of N/A. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume81975%vs 20D avg
Market Cap₹200.48 Cr.
Promoter69.07%
Face Value₹10
Fwd P/E
PEG
EV/EBITDA457.63
P/S4.04
ROA-0.01%
Beta0.55
Div Payout147.06%
THE STOCK SCORE
Overall Score48/100
Updated 22 Aug

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

Nitiraj Engineers flags & news 

Key strengths, potential risks, and recent updates.

3 green flags🚩 1 red flag

Green Flags

  • High Promoter HoldingPromoters hold 69.1% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.05x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 16.3% YoY

Latest Nitiraj Engineers News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

Nitiraj Engineers Limited valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for Nitiraj Engineers Limited, framed against the sector median so the premium or discount is obvious at a glance.

Key MetricsMarket + reported · 21 Aug 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹200.48 Cr.
P/E Ratio
P/B Ratio
EPS
₹1.02
Profitability

Profitability

ROE
-0.35%
ROCE
0.38%
Net Margin
2.27%
Op Margin
7.57%
Growth

Growth

EPS YoY
Revenue YoY
-63.8%
Qtr Sales
-16.3%
Qtr Profit
-100%
Financial Health

Financial Health

Debt / Equity
0.05
Book Value
₹80.09
Div Yield
0.82%
Promoter Holding
69.07%
Technicals

Nitiraj Engineers Limited technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Nitiraj Engineers Limited — derived from the latest tape, not yesterday's close.

Nitiraj Engineers Limited last traded at ₹198.91 with an intraday range of ₹195.12–₹209.95 — latest indicator, pivot and CPR signals below.

Last updated: 24 August 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹198.91
LevelPrice (₹)Distance% Δ
R4237.19+38.28+19.25%
R3222.36+23.45+11.79%
R2216.16+17.25+8.67%
R1207.53+8.62+4.34%
PIVOT201.332.421.21%
CURRENT198.91
S1192.70-6.21-3.12%
S2186.50-12.41-6.24%
S3177.87-21.04-10.58%
S4163.04-35.87-18.03%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 200.12P: 201.33TC: 202.53
R1
R2
R3
R4
indicator
LTP: 198.91
PDH: 205.00
PDL: 193.80
● Market Sentiment

NITIRAJ is trading Below CPR, indicating Bearishness

● CPR Width

CPR is Wider, suggesting unlikely for trending moves

● Opening Range

Day's range: 206209.95

● Price Position

Trading Inside opening range

Financials

Nitiraj Engineers Limited financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for Nitiraj Engineers Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.

Nitiraj Engineers Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹200.48 Cr. and reported EPS of ₹1.02.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2022Mar 2023
Revenue from Operations40
46
16.3%
Sales Growth YoY %Derived-26.37%
16.29%
Other Income1
0
19.2%
Total Income40
47
15.8%
22
25
14.1%
Gross ProfitDerived18
21
18.9%
Gross Margin %Derived45.27%
46.30%
16
18
10.2%
EBITDA (Operating Profit)Derived2
4
98.2%
OPM %Derived4.50%
7.68%
0
4
821.9%
Profit Before Tax (PBT)-4
0
100.2%
-1
0
117.4%
Effective Tax %Derived24.63%
2,442.31%
Total Profit for Period-4
-0
93.5%
Net Profit (Owner's PAT)Derived-4
-0
93.5%
Net Profit Margin %Derived-8.90%
-0.50%
PAT Growth YoY %Derived-197.03%
93.49%
Earnings Per Share (EPS ₹)-3.44
-0.22
93.6%
Diluted Shares Outstanding (Cr)1
1
0.0%
Share of Profit from Associates/JVs-0
-0
72.4%
Other Comprehensive Income (Net of Tax)-0
0
277.2%
Total Expenses (incl. D&A & Interest)45
47
4.2%
Material Cost % of RevenueDerived52.69%
60.91%
Employee Cost % of RevenueDerived13.74%
11.37%
Other Cost % of RevenueDerived27.02%
27.25%
Interest Coverage (x)Derived-2.72x
-0.45x
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

Nitiraj Engineers segment analysis : revenue and profit mix.

Disclosed business segments at Nitiraj Engineers with their share of revenue and profit, switchable between consolidated and standalone reporting.

Nitiraj Engineers discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for Nitiraj Engineers Limited.

Our AI distills the core fundamental drivers supporting Nitiraj Engineers Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

Nitiraj Engineers Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

  • Promoter holding 69.07% demonstrates strong founder commitment and long-term vision

  • Debt-to-equity ratio 0.0005x reflects minimal leverage and conservative capital structure

  • Net debt negative ₹76.37 Cr provides substantial liquidity cushion for operations

  • Current ratio 6.59x demonstrates strong short-term financial flexibility and solvency

  • Book value per share ₹80.09 supports intrinsic value foundation for shareholders

bear case

Key Risks.

  • Latest quarterly sales ₹11.4 Cr declined 16.30% YoY, signaling demand weakness

  • Quarterly PAT zero with 100% profit decline, profitability severely eroded

  • TTM revenue declined 63.8% YoY, indicating severe market contraction or loss

  • ROCE 0.38% and ROE 1.28% critically low, capital deployment highly inefficient

  • Operating cash flow negative ₹3.43 Cr in FY26, indicating cash burn acceleration

flip conditions

Flip Conditions.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Income thesis breaks if the dividend is cut or yield falls below 0.41%.

Shareholding

Nitiraj Engineers shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in Nitiraj Engineers — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoters69.07%
Public30.93%

Ownership Distribution

Promoters
69.07%
Retail & Public
30.93%

Category Trends

Foreign Institutions Breakdown
Total Holding: 0.00%
Net Change: +0.00%
Category Total0.00%
Total Holding0.00%
Net Change+0.00%
Aggregate Data
Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod

No detailed foreign institutions data disclosed

Detailed institutional breakdown is not disclosed by the company for foreign institutions

Peers

Nitiraj Engineers Limited peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Nitiraj Engineers Limited is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
Tata Motors Ltd
₹1.74 Lakh Cr
Best Profit Growth
Welspun Specialty Solutions Ltd
788.00 %
Highest Dividend Yield
Rubfila International Limited
2.58 %

Peer Comparison

Company Name
09 · Chart Patterns

Nitiraj Engineers Limited chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for Nitiraj Engineers Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

Nitiraj Engineers Limited delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for Nitiraj Engineers Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in Nitiraj Engineers Limited stood at 54.8% of traded volume, against a 20-day average of 68.3%.

Avg Delivery (20D)68.3%-13.5 ppt latest vs avg
Highest Delivery86.9%on 20 Aug
Avg Volume (20D)3.2 K20-day run-rate
Conviction Trend↑ Strengthening-13.5 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

Nitiraj Engineers announcements: results, concalls, ratings, M&A.

Filings Nitiraj Engineers sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

Nitiraj Engineers files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 41 documents below.

  1. 14 Aug 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    Nitiraj Engineers Limited has informed the Exchange about Copy of Newspaper Publication

  2. 13 Aug 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Nitiraj Engineers Limited has informed the Exchange regarding Outcome of Board Meeting held on August 13, 2026.

  3. 13 Aug 2026Outcome of Board MeetingView PDF

    Outcome of Board Meeting

    Nitiraj Engineers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

  4. 09 Jul 2026Certificate under SEBI (Depositories and Participants) Regulations, 2018View PDF

    Certificate under SEBI (Depositories and Participants) Regulations, 2018

    Nitiraj Engineers Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018

  5. 06 Jul 2026Disclosure under SEBI Takeover RegulationsView PDF

    Disclosure under SEBI Takeover Regulations

    Nitiraj Engineers Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India…

Corporate Actions

Nitiraj Engineers dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue Nitiraj Engineers has declared, sequenced by announce and record date.

Nitiraj Engineers corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

Nitiraj Engineers insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in Nitiraj Engineers as reported to SEBI — buying and selling signals from the people who know the business best.

Nitiraj Engineers insider activity below tracks 1 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
YI HUNG SINInsider12 Mar 2025sell14.5 K₹56.65 L₹390.72
About the Company

About Nitiraj Engineers Limited: business, sector, key facts.

What Nitiraj Engineers Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

Nitiraj Engineers Limited operates in the Other Electrical Equipment industry under the Capital Goods sector, listed as NSE: NITIRAJ.

NITIRAJ
Capital Goods

Nitiraj Engineers Limited

NSE · NITIRAJ·www.nitiraj.net

Nitiraj Engineers Limited is an Indian manufacturer and seller of a diverse range of electronic weighing scales and systems, along with digital fare meters. Their products cater to both industrial and domestic markets, both within India and internationally. The company's product portfolio is extensive and covers a wide spectrum of weighing solutions, indicating a strategy aimed at capturing a significant market share across various sectors.

The company's business operations are segmented into five key areas: Electronic Weighing Scales and Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. This segmentation highlights a diversification strategy, reducing reliance on a single product line and broadening their appeal to a wider customer base. Within each segment, they offer a comprehensive selection of products tailored to meet specific needs.

Nitiraj's product offerings within the weighing scale segment are particularly diverse, ranging from small, domestic scales like jewelry, tabletop, and kitchen scales to large-scale industrial weighing systems. They also produce specialized scales for specific applications such as baby weighing, adult weighing, and body mass index (BMI) measurement, as well as analytical weighing balances used in scientific settings. This broad product range allows them to serve a wide array of clients, from individual consumers to large industrial companies.

Beyond weighing scales, Nitiraj also manufactures and supplies electronic currency counting machines, digital fare meters for taxis and other transportation services, and home automation and security products. This diversification allows the company to tap into additional markets and further solidify its position in the broader electronics industry. The inclusion of home and hotel automation products shows an attempt to expand into growing technological sectors.

The company utilizes a robust distribution network for its products, leveraging a combination of branch offices, dealers, and distributors to ensure widespread market reach. Their use of the "Phoenix" brand name provides a consistent identity for their diverse product portfolio, aiding in brand recognition and customer loyalty. Established in 1989 and headquartered in Dhule, India, Nitiraj has a significant history in the Indian market and demonstrates ambition to expand its global presence.

company facts
Employees
SectorCapital Goods
HeadquartersDhule, India
Market Cap₹200.48 Cr.
Listed OnNSE
leadership14 on record
Mr. Ajay Balkrishna Bhatwal
General Manager of Marketing
Mr. Anil Bangad
Non-Executive Independent Director
Mr. Ashishkumar G. Sharma
Chief Financial Officer
Mr. Gajendra Sharadchandra rao Deshmukh
Whole-Time Executive Director
Mr. Hung Sin Chung Huanyi
Whole-Time Director
Mr. Hung Sin Yi
Whole-time Director
Mr. Pradeep Shah
Non-Executive Independent Director
Mr. Rajesh Bhatwal
Managing Director, Director
Mr. Rajesh Raghunath Bhatwal
Founder, Chairman, CEO & MD
Mr. Shabbir Masani
Non-Executive Independent Director
Mrs. Shakuntala Bhatwal
Whole-time Director
Ms. Deepika Amit Dalmiya
Company Secretary & Compliance Officer
§ ∞ · Plainly Answered

Questions investors ask about Nitiraj Engineers Limited (NITIRAJ).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of Nitiraj Engineers Limited (NITIRAJ)?

The current share price of Nitiraj Engineers Limited (NITIRAJ) is ₹198.91. Today, the stock has declined by ₹5.53 (2.7%), trading in a range of ₹195.12 to ₹209.95. The stock opened at ₹209.95 with a trading volume of 819 shares.

02Is Nitiraj Engineers Limited stock a good investment for long-term?

Nitiraj Engineers Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹200.48 Cr., P/E ratio of 0, ROE of -0.35%, and ROCE of 0.38%. The dividend yield stands at 0.82%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of Nitiraj Engineers Limited stock?

The 52-week high price of Nitiraj Engineers Limited (NITIRAJ) is ₹236.98, while the 52-week low is ₹168.00. Currently trading at ₹198.91, the stock is 18.4% above its 52-week low and 16.06% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy Nitiraj Engineers Limited stock at the current price?

Whether to buy Nitiraj Engineers Limited stock at ₹198.91 depends on multiple factors. The stock is currently trading with a P/E ratio of 0 and P/B ratio of 0. Today's performance shows a loss of 2.7%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of Nitiraj Engineers Limited and when is the next dividend?

Nitiraj Engineers Limited offers a dividend yield of 0.82%, which means for every ₹100 invested at the current price of ₹198.91, you can expect to receive approximately ₹0.82 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of Nitiraj Engineers Limited?

Nitiraj Engineers Limited's key financial metrics include: P/E Ratio: 0, P/B Ratio: 0, ROE: -0.35%, ROCE: 0.38%, Dividend Yield: 0.82%, EPS: ₹1.02, Book Value: ₹80.09, and Debt-to-Equity: 0.05. The company's market cap stands at ₹200.48 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is Nitiraj Engineers Limited stock performing today in the market?

Nitiraj Engineers Limited stock opened at ₹209.95 and is currently trading at ₹198.91, showing a decline of ₹5.53 (2.7%). The intraday high is ₹209.95 and low is ₹195.12. The trading volume stands at 819 shares, indicating moderate market participation today.

08What is the P/E ratio of Nitiraj Engineers Limited and what does it indicate?

Nitiraj Engineers Limited has a Price-to-Earnings (P/E) ratio of 0, which means investors are willing to pay 0.00 for every ₹1 of earnings. With an EPS of ₹1.02, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about Nitiraj Engineers Limited (NITIRAJ) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.