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    Electronic technology

  3. •

    Electronic equipment/Instruments
Nitiraj Engineers Ltd.

Nitiraj Engineers Ltd.

NNSE:NITIRAJ
201.99
INR
+1.02
(+0.51%)
2.34EPS
79.63P/E
1.91BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
40.01
42.45
75.2
52.32
37.98
52.56
46.69
52.09
38.66
44.95
97.98
74.64
45.27
53.22
Basic EPS, GAAP
3.79
4.08
7.14
4.49
2.97
5.87
2.35
3.45
-3.44
-0.36
11.74
4.71
1.03
2.34
Free Cash Flow per Basic Share
4.33
-4.58
-6.8
-7.73
-6.18
0.2
-2.11
-2.44
-3.76
-0.15
15.06
7.63
-8.83
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1.5
1.5
- -
Book Value per Share
23.29
27.37
30.85
56.21
59.3
65.17
66.03
69.54
66.04
65.93
77.71
80.78
80.32
- -
Tangible Book Value per Share
23.29
27.37
30.37
55.39
57.34
61.98
61.47
63.68
60.99
61.02
72.96
75.93
75.35
- -
Basic Weighted Avg Shares
10
10
7
10
10
10
10
10
10
10
10
10
10
10
Sales/Revenue/Turnover
410
435
564
537
389
539
479
534
396
461
1,004
765
464
547
Operating Margin (%)
14.22
14.19
13.91
13.46
5.86
14.28
5
10.16
-2.59
0.26
15.44
8.02
0.81
3.52
Depreciation Expense
6
7
10
9
17
13
14
31
31
37
34
35
35
35
Net Income, GAAP
39
42
54
46
30
60
24
35
-35
-4
120
48
11
24
Effective Tax Rate (%)
25.62
24.42
23.87
32.83
27.75
28.45
28.36
27.44
- -
- -
24.51
27.07
24.91
25.65
Profit Margin (%)
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
4.4
Working Capital
111
140
175
175
170
294
264
273
236
244
390
408
395
- -
LT Debt
2
- -
- -
- -
- -
- -
4
4
1
1
1
- -
- -
- -
Total Equity
239
281
316
576
608
668
677
713
677
676
797
828
823
- -
Return on Invested Capital (%)
16.77
14.68
15.55
9.55
2.47
8.31
3.16
5
- -
- -
15.54
5.44
0.2
- -
Return on Capital (%)
17.17
16.16
16.69
10.18
5.14
9.5
3.83
5.07
- -
- -
16.03
6.01
1.29
- -
Return on Common Equity (%)
17.74
16.12
17.95
10.32
5.14
9.43
3.59
5.09
-5.08
-0.55
16.35
5.95
1.28
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10
10
10
Market Capitalization
1,915
2,060
1,912

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
466
- -
Cash, Cash Equivalents & STI
- -
108
- -
Accounts Receivable, Net
- -
47
- -
Inventories
- -
225
- -
Total Current Liabilities
- -
71
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

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

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
43
126
371
226
765
2026
- -
164
113
82
464
2027
188
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-1.61
0.02
6.35
-0.05
4.71
2026
- -
1.59
0.38
-0.62
1.03
2027
1
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1.5
2026
- -
- -
- -
- -
1.5
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rajesh Raghunath Bhatwal
Full Time Employees
262
Sector
Electronic technology
Industry
Electronic equipment/Instruments
Address
Plot No J25, J26 Dhule MH India 424006
IPO Date
Mar 9, 2017
Website
nitiraj.net
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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.