
Nitiraj Engineers Latest Share Price (NITIRAJ)
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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.
How good is this company?
Overall performance across 5 key dimensions.
Nitiraj Engineers flags & news
Key strengths, potential risks, and recent updates.
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
What changed recently?
Recent events, corporate actions, and announcements.
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.
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
Profitability
Growth
Financial Health
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.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹198.91| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 237.19 | +38.28 | +19.25% |
| R3 | 222.36 | +23.45 | +11.79% |
| R2 | 216.16 | +17.25 | +8.67% |
| R1 | 207.53 | +8.62 | +4.34% |
| PIVOT | 201.33 | 2.42 | 1.21% |
| CURRENT | 198.91 | — | — |
| S1 | 192.70 | -6.21 | -3.12% |
| S2 | 186.50 | -12.41 | -6.24% |
| S3 | 177.87 | -21.04 | -10.58% |
| S4 | 163.04 | -35.87 | -18.03% |
NITIRAJ is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: ₹206–₹209.95
Trading Inside opening range
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.
| Metric | Mar 2022 | Mar 2023 |
|---|---|---|
| Revenue from Operations | 40 | 46 ▲ 16.3% |
| Sales Growth YoY %Derived | -26.37% | 16.29% |
| Other Income | 1 | 0 ▼ 19.2% |
| Total Income | 40 | 47 ▲ 15.8% |
| 22 | 25 ▲ 14.1% | |
| Gross ProfitDerived | 18 | 21 ▲ 18.9% |
| Gross Margin %Derived | 45.27% | 46.30% |
| 16 | 18 ▲ 10.2% | |
| EBITDA (Operating Profit)Derived | 2 | 4 ▲ 98.2% |
| OPM %Derived | 4.50% | 7.68% |
| 0 | 4 ▲ 821.9% | |
| Profit Before Tax (PBT) | -4 | 0 ▲ 100.2% |
| -1 | 0 ▲ 117.4% | |
| Effective Tax %Derived | 24.63% | 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 RevenueDerived | 52.69% | 60.91% |
| Employee Cost % of RevenueDerived | 13.74% | 11.37% |
| Other Cost % of RevenueDerived | 27.02% | 27.25% |
| Interest Coverage (x)Derived | -2.72x | -0.45x |
| Period | Mar 2021 | Mar 2022 | Mar 2023 | Trend |
|---|---|---|---|---|
| Revenue from Operations | 54 | 40 ▼ 26.4% | 46 ▲ 16.3% | |
| Sales Growth YoY %Derived | — | -26.37% | 16.29% | |
| Other Income | 0 | 1 ▲ 182.1% | 0 ▼ 19.2% | |
| Total Income | 54 | 40 ▼ 25.6% | 47 ▲ 15.8% | |
29 | 22 ▼ 24.0% | 25 ▲ 14.1% | ||
| Gross ProfitDerived | 25 | 18 ▼ 29.1% | 21 ▲ 18.9% | |
| Gross Margin %Derived | 47.00% | 45.27% | 46.30% | |
17 | 16 ▼ 7.6% | 18 ▲ 10.2% | ||
| EBITDA (Operating Profit)Derived | 8 | 2 ▼ 77.2% | 4 ▲ 98.2% | |
| OPM %Derived | 14.53% | 4.50% | 7.68% | |
3 | 0 ▼ 86.0% | 4 ▲ 821.9% | ||
| Profit Before Tax (PBT) | 5 | -4 ▼ 190.6% | 0 ▲ 100.2% | |
1 | -1 ▼ 185.4% | 0 ▲ 117.4% | ||
| Effective Tax %Derived | 26.11% | 24.63% | 2,442.31% | |
| Total Profit for Period | 4 | -4 ▼ 197.0% | -0 ▲ 93.5% | |
| Net Profit (Owner's PAT)Derived | 4 | -4 ▼ 197.0% | -0 ▲ 93.5% | |
| Net Profit Margin %Derived | 6.75% | -8.90% | -0.50% | |
| PAT Growth YoY %Derived | — | -197.03% | 93.49% | |
| Earnings Per Share (EPS ₹) | 3.55 | -3.44 ▼ 196.9% | -0.22 ▲ 93.6% | |
| Diluted Shares Outstanding (Cr) | 1 | 1 ▲ 0.0% | 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) | 49 | 45 ▼ 9.1% | 47 ▲ 4.2% | |
| Material Cost % of RevenueDerived | 52.21% | 52.69% | 60.91% | |
| Employee Cost % of RevenueDerived | 9.74% | 13.74% | 11.37% | |
| Other Cost % of RevenueDerived | 22.73% | 27.02% | 27.25% | |
| Interest Coverage (x)Derived | 22.29x | -2.72x | -0.45x |
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
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.
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
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.
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%.
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
Peer Comparison
| Company Name |
|---|
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.
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%.
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.
Copy of Newspaper Publication
Nitiraj Engineers Limited has informed the Exchange about Copy of Newspaper Publication
Outcome of Board Meeting
Nitiraj Engineers Limited has informed the Exchange regarding Outcome of Board Meeting held on August 13, 2026.
Outcome of Board Meeting
Nitiraj Engineers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Nitiraj Engineers Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
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…
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.
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).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| YI HUNG SIN | Insider | 12 Mar 2025 | sell | −14.5 K | ₹56.65 L | ₹390.72 |
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 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.
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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.
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.