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Nitiraj Engineers Limited

Nitiraj Engineers Limited

NITIRAJ.NS
Nitiraj Engineers LimitedIN flagNational Stock Exchange of India
182.85
INR
+0.08
- -
1.87BMarket Cap
Nitiraj Engineers Limited
NITIRAJ.NS
(National Stock Exchange of India)

Recent

price

182.85

P/E

ratio

- -

div

yld

- -

ROIC.AI

2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
28.22
27.89
40.01
42.45
75.2
52.32
37.98
52.56
46.69
52.09
38.66
44.95
97.98
74.6
- -
73.41
Revenue per Share
2.77
1.18
3.79
4.08
7.14
4.49
2.97
5.87
2.35
3.45
-3.44
-0.36
11.74
4.71
- -
4.63
Basic EPS, GAAP
-0.23
2.11
4.33
-4.58
-6.8
-7.73
-6.18
0.2
-2.11
-2.44
-3.76
-0.15
15.06
7.63
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.5
- -
- -
Dividend per Share
18.29
19.48
23.27
27.35
42.16
36.85
39.84
45.71
48.71
52.22
48.72
48.6
60.39
63.42
- -
62.41
Book Value per Share
18.31
19.49
23.29
27.37
41.51
55.36
57.34
61.98
61.47
63.68
60.99
61.02
72.96
75.89
- -
74.67
Tangible Book Value per Share
10
10
10
10
7
10
10
10
10
10
10
10
10
10
- -
10
Basic Weighted Avg Shares
289
286
410
435
564
537
389
539
479
534
396
461
1,004
765
464
765
Sales/Revenue/Turnover
15.76
9.64
14.22
14.19
13.91
13.46
5.86
14.28
5
10.16
-2.59
0.26
15.44
7.73
-0.02
7.73
Operating Margin (%)
5
5
6
7
10
9
17
13
14
31
31
37
34
35
35
35
Depreciation Expense
28
12
39
42
54
46
30
60
24
35
-35
-4
120
48
11
48
Net Income, GAAP
22.74
25.61
25.62
24.42
23.87
32.83
27.75
28.45
28.36
27.44
- -
- -
24.51
27.07
24.91
27.07
Effective Tax Rate (%)
9.83
4.25
9.48
9.62
9.5
8.58
7.82
11.17
5.04
6.62
-8.9
-0.8
11.98
6.31
2.29
6.31
Profit Margin (%)
72
84
111
140
175
175
170
294
264
273
236
244
390
403
395
403
Working Capital
2
2
2
- -
- -
- -
- -
- -
4
4
1
1
1
- -
- -
- -
LT Debt
188
200
239
281
316
576
608
668
677
713
677
676
797
828
823
828
Total Equity
- -
9.53
19.15
17.23
17.33
10.06
2.79
8.63
2.45
5.39
- -
- -
15.54
5.29
-0.01
5.29
Return on Invested Capital (%)
- -
6.56
17.18
16.17
16.7
12.82
7.75
13.82
5.24
6.71
- -
- -
20.97
7.82
2.94
7.82
Return on Capital (%)
- -
6.27
17.75
16.13
17.96
13.26
7.74
13.72
4.98
6.84
-6.82
-0.74
21.54
7.61
2.82
7.61
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
ST Debt
1
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
- -
10
Market Capitalization
2,597
2,315
2,774

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'25
Total Current Assets
411
- -
479
Cash, Cash Equivalents & STI
67
- -
200
Accounts Receivable, Net
46
- -
68
Inventories
212
- -
164
Total Current Liabilities
86
- -
77
Payables & Accruals
- -
- -
- -
ST Debt
1
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.03%
3.21%
-0.57%
Free Cash Flow
-1,165.56%
-2,093.26%
-215.69%
Net Income, GAAP
-373.91%
-755.12%
-78.05%
Sales/Revenue/Turnover
5.18%
9.06%
-39.35%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
117
159
202
526
1,004
2025
43
126
371
226
765
2026
164
113
82
- -
464

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.85
1.57
2.09
- -
11.74
2025
-1.61
0.02
6.35
-0.05
4.71
2026
1.59
0.38
-0.62
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
- -
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Business
Nitiraj Engineers Limited (NITIRAJ.NS) manufactures and markets electronic weighing scales and systems, currency counting machines, security and automation products, and growth monitoring devices under the Phoenix brand; its product portfolio encompasses jewellery scales with 10mg accuracy, tabletop scales up to 30kg, platform scales up to 5 tons, crane scales up to 20 tons, weighbridges up to 100 tons, analytical balances, price computing scales, piece counting scales, health scales including person weighing scales, infantometers, stadiometers and mother-child weighing scales, currency counters with fake note detection such as PLNC 3/4 and mix denomination value counters PVC-101, RFID and fingerprint access control systems, electronic locks, shutter alarms, audio/video door phones and hotel RFID locks. Founded in 1989 as a partnership firm in Dhule, Maharashtra, India, and converted to a public limited company in 2015 with listing on the NSE mainboard, the company maintains its headquarters and primary manufacturing facility at J-25/26, MIDC Awdhaan, Dhule, Maharashtra, with a registered office in Mumbai and additional production capabilities; it operates through 20 branch offices, 400 dealers across India and distributors in the Middle East, SAARC and African countries, targeting jewellers, retailers, wholesalers, hospitals, banks, post offices, logistics, dairies, industries, government institutions and commercial establishments. Recent developments include the launch of the GSM shutter alarm for enhanced security in Q1 FY25, successful field trials of two agricultural drones with 12-litre capacity that reduce pesticide use by 40% and a tie-up with the Maharashtra-based BHOLA app for farmer services pending DGCA pilot training license approval, ongoing factory expansion in Dhule to boost capacity utilization from 50% to 60-70% across an 8-acre site with advanced facilities like SMT lines and robotic welding, progression of international projects in Germany following post-COVID anti-China sourcing shifts, and new product pipelines in home/office automation with 5-6 annual launches supported by in-house R&D.