Nitiraj Engineers Ltd
NITIRAJNitiraj Engineers Ltd
NITIRAJ
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 28.29 | 2.81 | 0.69% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 34.43 | 9.08 | 1.70% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Nitiraj Engineers manufactures scales and balances
Peers
Compare with peersBharat Electronics Ltd
Honeywell Automation India Ltd
PG Electroplast Ltd
Zen Technologies Ltd
Genus Power Infrastructures Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 61.21 | 59.36 | 41.13 | 55.07 | 49.74 | 53.63 | 40.21 | 46.55 | 101.44 | 90.80 | ||||||||||
Raw Materials | 35.10 | 17.87 | 23.32 | 29.65 | 22.54 | 28.10 | 20.88 | 28.07 | 56.63 | 76.76 | ||||||||||
| Power & Fuel Cost | 0.29 | 0.30 | 0.29 | 0.19 | 0.15 | 0.30 | 0.31 | 0.15 | 0.19 | |||||||||||
| Employee Cost | 4.03 | 4.85 | 5.45 | 4.05 | 4.73 | 5.30 | 5.45 | 5.24 | 6.32 | |||||||||||
| Selling & Administrative Expenses | 13.19 | 14.76 | 5.62 | 8.56 | 7.55 | 5.47 | 6.06 | 7.74 | 11.13 | |||||||||||
| Operating & Other expenses | -0.13 | 13.33 | 0.40 | 2.77 | 9.30 | 6.11 | 8.34 | 1.54 | 7.77 | |||||||||||
EBITDA | 8.73 | 8.25 | 6.05 | 9.85 | 5.47 | 8.35 | -0.83 | 3.81 | 19.40 | 14.04 | ||||||||||
| Depreciation/Amortization | 0.95 | 0.90 | 1.75 | 1.26 | 1.42 | 3.09 | 3.13 | 3.68 | 3.36 | 3.37 | ||||||||||
| PBIT | 7.78 | 7.35 | 4.30 | 8.59 | 4.05 | 5.26 | -3.96 | 0.13 | 16.04 | 10.67 | ||||||||||
| Interest & Other Items | 0.74 | 0.51 | 0.05 | 0.11 | 0.45 | 0.28 | 0.50 | 0.32 | 0.09 | 0.07 | ||||||||||
| PBT | 7.04 | 6.84 | 4.25 | 8.48 | 3.60 | 4.98 | -4.46 | -0.19 | 15.95 | 10.60 | ||||||||||
| Taxes & Other Items | 1.68 | 2.25 | 1.17 | 2.42 | 1.02 | 1.33 | -1.10 | 0.19 | 3.90 | 2.68 | ||||||||||
| Net Income | 5.36 | 4.59 | 3.08 | 6.06 | 2.58 | 3.65 | -3.36 | -0.38 | 12.05 | 7.92 | ||||||||||
| EPS | 12.25 | 5.17 | 3.00 | 5.91 | 2.52 | 3.56 | -3.28 | -0.37 | 11.75 | 7.73 | ||||||||||
| DPS | 0.00 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.50 | 1.50 | ||||||||||
| Payout ratio | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.19 |
Company Updates
Investor Presentation
Investor Presentation
Peers & Comparison
Information TechnologyElectronic Equipments
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Nitiraj Engineers Ltd | 18.59 | 2.81 | 0.69% |
| Bharat Electronics Ltd | 51.18 | 12.48 | 0.79% |
| Honeywell Automation India Ltd | 74.06 | 10.30 | 0.24% |
| PG Electroplast Ltd | 131.02 | 17.00 | 0.00% |
Price Comparison
Compare NITIRAJ with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 1.01%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 17, 2024
Dividend/Share
₹1.50
Ex DateEx Date
Sep 17, 2024
Net profit of Nitiraj Engineers declined 98.76% to Rs 0.02 crore in the quarter ended September 2024 as against Rs 1.61 crore during the previous quarter ended September 2023. Sales declined 21.06% to Rs 12.56 crore in the quarter ended September 2024 as against Rs 15.91 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales12.5615.91 -21 OPM %5.5717.41 - PBDT0.902.86 -69 PBT0.042.01 -98 NP0.021.61 -99 Powered by Capital Market - Live
Nitiraj Engineers will hold a meeting of the Board of Directors of the Company on 2 September 2024.Powered by Capital Market - Live
Net loss of Nitiraj Engineers reported to Rs 1.65 crore in the quarter ended June 2024 as against net profit of Rs 0.87 crore during the previous quarter ended June 2023. Sales declined 63.54% to Rs 4.27 crore in the quarter ended June 2024 as against Rs 11.71 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales4.2711.71 -64 OPM %-37.9415.29 - PBDT-1.391.97 PL PBT-2.201.16 PL NP-1.650.87 PL Powered by Capital Market - Live
Nitiraj Engineers will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Nitiraj Engineers consolidated net profit rises 350.00% in the December 2022 quarter
Nitiraj Engineers reports consolidated net loss of Rs 0.30 crore in the June 2022 quarter
Nitiraj Engineers reports consolidated net loss of Rs 3.11 crore in the March 2022 quarter
Government of Maharashtra issues Eligibility Certificate to Nitiraj Engineers; Stock ends at upper circuit
Stock market update: Stocks that hit 52-week highs on NSE
Nitiraj Engineers reports consolidated net loss of Rs 0.41 crore in the June 2021 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 12.99%, vs industry avg of 9.96%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.29% to 0.26%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 14.74%, vs industry avg of 16.72%