
Twelve years of multiples investors have paid for Nitiraj Engineers Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Nitiraj Engineers Ltd trades at a P/E of 25.00×, against the Information Technology sector median P/E of 20.00×.
Twelve years of audited numbers for Nitiraj Engineers Ltd, switchable between annual and quarterly views, consolidated or standalone.
Nitiraj Engineers Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹194.051 Cr and reported EPS of ₹7.57.
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.
Why someone would buy Nitiraj Engineers Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Nitiraj Engineers Ltd's investment case rests on 6 positive markers and 10 flagged concerns drawn from the latest reported filings.
Promoter holding is robust at 69.1%, indicating strong confidence from the core management in the company's long-term prospects and stability. This can reassure investors.
The company maintains a very low debt-to-equity ratio of 0.05, suggesting a conservative financial structure and minimal reliance on external borrowing, which reduces financial risk.
Despite recent financial challenges, the company has a dividend yield of 0.78%, which could be a positive signal for investors seeking some income, even if modest.
The 'Other Electrical Equipment' industry within the 'Capital Goods' sector often benefits from infrastructure development and industrial expansion, offering potential for future demand growth.
Given the current low stock price and market cap, any strategic turnaround or new product launches could lead to significant market share recovery and investor re-rating.
Nitiraj Engineers reported a negative Return on Equity (ROE) of -0.35% and negative profit after tax of -0.24, indicating significant unprofitability and value erosion for shareholders.
The company's latest quarterly results show a drastic -100% decline in profit and a -16.30% drop in sales, highlighting severe operational and financial deterioration.
The Return on Capital Employed (ROCE) is extremely low at 0.38%, significantly underperforming peers and suggesting inefficient utilization of capital in generating returns.
The current price of 192.00 is near its 52-week low of 186.00, representing a substantial drop from its 52-week high of 422.00, indicating poor market sentiment.
A P/E ratio of 0.00 signifies negative earnings per share (-0.22), making valuation difficult and reflecting a lack of current profitability, which is a major concern for investors.
Trim if P/E re-rates above 33 (~1.6× the sector multiple of 20.0). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 8%. The operating engine is no longer compounding capital efficiently.
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Nitiraj Engineers LtdCurrent Stock |
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Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Nitiraj Engineers Ltd — derived from the live tape, not yesterday's close.
Nitiraj Engineers Ltd last traded at ₹184.44 with an intraday range of ₹183–₹188.89 — live indicator, pivot and CPR signals below.
Standard pivot — most widely referenced.
| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 199.67 | +15.23 | +8.26% |
| R3 | 193.78 | +9.34 | +5.06% |
| R2 | 191.33 | +6.89 | +3.74% |
| R1 | 187.89 | +3.45 | +1.87% |
| PIVOT | 185.44 | 1.00 | 0.54% |
| CURRENT | 184.44 | — | — |
| S1 | 170.22 | -14.22 | -7.71% |
| S2 | 176.11 | -8.33 | -4.52% |
| S3 | 179.55 | -4.89 | -2.65% |
| S4 | 182.00 | -2.44 | -1.32% |
NITIRAJ is trading Below CPR, indicating Bearishness
CPR is Wider, suggesting unlikely for trending moves
Day's range: 184.21 ~ 187.7
Trading Inside opening range
Daily traded volume and delivery percentage for Nitiraj Engineers Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Nitiraj Engineers Ltd stood at 54.2% of traded volume, against a 20-day average of 73.7%.
Filings Nitiraj Engineers sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
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 |
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.
What Nitiraj Engineers Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Nitiraj Engineers Ltd operates in the Electronic Equipment, Instruments & Components industry under the Information Technology 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.
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
The current share price of Nitiraj Engineers Ltd (NITIRAJ) is ₹184.44. Today, the stock has gained by ₹0.37 (0.20%), trading in a range of ₹183 to ₹188.89. The stock opened at ₹187.7 with a trading volume of 496 shares.
Nitiraj Engineers Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹194.05 crores, P/E ratio of 25.00, ROE of 1.88%, and ROCE of 0.38%. The dividend yield stands at 0.00%. 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.
The 52-week high price of Nitiraj Engineers Ltd (NITIRAJ) is ₹236.98, while the 52-week low is ₹168. Currently trading at ₹184.44, the stock is 23.8% away from its 52-week low and 22.2% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Nitiraj Engineers Ltd stock at ₹184.44 depends on multiple factors. The stock is currently trading with a P/E ratio of 25.00 and P/B ratio of N/A. Today's performance shows a gain of 0.20%. 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.
Nitiraj Engineers Ltd offers a dividend yield of 0.00%, which means for every ₹100 invested at the current price of ₹184.44, you can expect to receive approximately ₹0.00 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.
Nitiraj Engineers Ltd's key financial metrics include: P/E Ratio: 25.00, P/B Ratio: N/A, ROE: 1.88%, ROCE: 0.38%, Dividend Yield: 0.00%, EPS: ₹7.57, Book Value: ₹80.78, Debt-to-Equity: 0.00, and Current Ratio: N/A. The company's market cap stands at ₹194.05 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Nitiraj Engineers Ltd stock opened at ₹187.7 and is currently trading at ₹184.44, showing a gain of ₹0.37 (0.20%). The intraday high is ₹188.89 and low is ₹183. The trading volume stands at 496 shares, indicating moderate market participation today.
Nitiraj Engineers Ltd has a Price-to-Earnings (P/E) ratio of 25.00, which means investors are willing to pay ₹25.00 for every ₹1 of earnings. With an EPS of ₹7.57, this P/E ratio indicates moderate valuation in line with market standards. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Nitiraj Engineers Ltd (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.
Peers, sector trends, screeners and strategy playbooks contextual to this stock.