Nitiraj Engineers Limited NITIRAJ NSETECH
Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial, kitchen, baby weighing, person weighing, adult weighing, and body mass index scales; analytical weighing balances; special application indicators; growth monitoring devices; home automation devices; security solutions; as well as other security and automation products. The company also provides remote pilot training organisation (RPTO) services for drones/UAVs. It markets its products under the Phoenix brand name through regional branches and dealers. The company was incorporated in 1989 and is based in Dhule, India.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 24.5% over 5 years.
- Profit CAGR of 79.0% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Trading at a high P/E of 122.2.
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | NITIRAJ Nitiraj Engineers Limited NSETECH | 194.24 | 122.16 | ₹199.12 Cr | 0.77% | 7.86% | - | 24.53% | 78.99% |
| 2 | TCS Tata Consultancy Services Limited NIFTY50NSEAITECH | 2,258.90 | 16.61 | ₹8.17 L Cr | 5.49% | 54.93% | 48.40% | 5.80% | 5.30% |
| 3 | INFY Infosys Limited NIFTY50NSEAITECH | 1,160.90 | 15.01 | ₹4.70 L Cr | 4.31% | 41.66% | 31.44% | 3.44% | 3.58% |
| 4 | HCLTECH HCL Technologies Limited NIFTY50NSEAITECH | 1,183.80 | 19.31 | ₹3.20 L Cr | 8.11% | 27.21% | 23.36% | 8.65% | 3.87% |
| 5 | WIPRO Wipro Limited NIFTY50NSEAITECH | 204.25 | 16.26 | ₹2.14 L Cr | 8.32% | 18.42% | 15.49% | 4.05% | 2.44% |
| 6 | TECHM Tech Mahindra Limited NIFTY50NSEAITECH | 1,483.90 | 27.40 | ₹1.31 L Cr | 3.44% | 20.60% | 16.61% | 2.16% | -0.14% |
| 7 | LTM LTM Limited NSETECH | 4,061.60 | 24.04 | ₹1.20 L Cr | 1.85% | 25.39% | 21.29% | 8.43% | 4.41% |
| 8 | LGEINDIA LG ELECTRONICS INDIA LTD NIFTY_MIDNSETECH | 1,523.90 | 61.35 | ₹1.03 L Cr | - | 27.64% | 24.72% | 0.98% | - |
| 9 | WAAREEENER WAAREE ENERGIES LIMITED NIFTY_MIDNSETECH | 3,140.80 | 27.70 | ₹90,345.53 Cr | 0.13% | 24.21% | 31.57% | 71.63% | 191.18% |
Quarterly Results
Figures in INR.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 12.56 Cr | 37.08 Cr | 22.61 Cr | 16.39 Cr | 11.31 Cr |
| Cost of Revenue | 6.13 Cr | 17.16 Cr | 17.09 Cr | 6.64 Cr | 4.76 Cr |
| Gross Profit | 6.42 Cr | 19.92 Cr | 5.51 Cr | 9.75 Cr | 6.55 Cr |
| Operating Expenses | 6.59 Cr | 11.23 Cr | 5.46 Cr | 7.95 Cr | 6.36 Cr |
| Operating Income | -16.75 L | 8.69 Cr | 5.65 L | 1.80 Cr | 18.50 L |
| EBITDA | 90.73 L | 9.70 Cr | 97.78 L | 3.12 Cr | 1.45 Cr |
| Interest Expense | 66,000 | 7.07 L | -1.75 L | 3.26 L | 65,000 |
| Pretax Income | 3.60 L | 8.71 Cr | 8.45 L | 2.18 Cr | 51.98 L |
| Tax Provision | 1.58 L | 2.19 Cr | 13.99 L | 54.90 L | 12.56 L |
| Net Income | 2.02 L | 6.51 Cr | -5.55 L | 1.63 Cr | 39.42 L |
| Diluted EPS | 0.02 | 6.35 | - | 1.59 | 0.38 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Revenue | 39.63 Cr | 46.08 Cr | 100.44 Cr | 76.52 Cr |
| Cost of Revenue | 25.28 Cr | 28.67 Cr | 63.76 Cr | 41.74 Cr |
| Gross Profit | 14.35 Cr | 17.41 Cr | 36.68 Cr | 34.78 Cr |
| Operating Expenses | 15.37 Cr | 17.28 Cr | 21.16 Cr | 28.64 Cr |
| Operating Income | -1.03 Cr | 12.15 L | 15.51 Cr | 6.14 Cr |
| EBITDA | -1.13 Cr | 3.70 Cr | 19.35 Cr | 10.22 Cr |
| Interest Expense | 36.06 L | 19.96 L | 4.97 L | 8.61 L |
| Pretax Income | -4.62 Cr | -18.00 L | 15.94 Cr | 6.62 Cr |
| Tax Provision | -1.10 Cr | 19.05 L | 3.91 Cr | 1.79 Cr |
| Net Income | -3.53 Cr | -37.05 L | 12.04 Cr | 4.83 Cr |
| Diluted EPS | -3.44 | -0.36 | 11.74 | - |
Compounded Sales Growth
| 5 Years: | 24.53% |
| 1 Year: | -69.50% |
Compounded Profit Growth
| 5 Years: | 78.99% |
| 1 Year: | -94.00% |
Stock Price Performance
| 1 Year: | -21.48% |
| 6 Months: | +0.11% |
| 3 Months: | -2.67% |
| 1 Month: | -4.06% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Total Assets | 77.23 Cr | 79.82 Cr | 90.52 Cr | 93.00 Cr |
| Current Assets | 32.39 Cr | 35.68 Cr | 47.63 Cr | 47.93 Cr |
| Cash & Equivalents | 27.02 L | 28.97 L | 2.13 Cr | 2.05 Cr |
| Inventory | 15.46 Cr | 23.12 Cr | 17.99 Cr | 16.43 Cr |
| Receivables | 8.25 Cr | 6.52 Cr | 12.79 Cr | 6.76 Cr |
| Total Liabilities | 9.53 Cr | 12.24 Cr | 10.86 Cr | 10.19 Cr |
| Current Liabilities | 8.76 Cr | 11.30 Cr | 8.60 Cr | 7.66 Cr |
| Long Term Debt | 0 | - | - | - |
| Total Debt | 3.98 Cr | 3.19 Cr | 23.26 L | 2.30 L |
| Total Equity | 67.70 Cr | 67.58 Cr | 79.66 Cr | 82.81 Cr |
| Shares Outstanding | 1.03 Cr | 1.03 Cr | 1.03 Cr | 1.03 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Operating Cash Flow | 1.45 Cr | 70.82 L | 17.87 Cr | 14.20 Cr |
| Investing Cash Flow | -5.69 Cr | 49.76 L | -12.84 Cr | -12.44 Cr |
| Financing Cash Flow | 2.96 Cr | -1.19 Cr | -3.20 Cr | -1.83 Cr |
| Capital Expenditure | -5.31 Cr | -86.17 L | -2.43 Cr | -6.37 Cr |
| Free Cash Flow | -3.86 Cr | -15.35 L | 15.44 Cr | 7.83 Cr |
| Net Change in Cash | -1.28 Cr | 1.96 L | 1.84 Cr | -7.52 L |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|
| Gross Margin % | 36.2% | 37.8% | 36.5% | 45.5% |
| Operating Margin % | -2.6% | 0.3% | 15.4% | 8.0% |
| Net Margin % | -8.9% | -0.8% | 12.0% | 6.3% |
| ROE % | -5.2% | -0.5% | 15.1% | 5.8% |
| ROCE % | -1.5% | 0.2% | 18.9% | 7.2% |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
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