Niraj Cement Structurals
- Market cap
- ₹ 144 Cr.
- P/E
- 6.1x
- P/B
- 0.57x
- 52-week range
- 20.15 – 45.5
- ROE
- 8%
- ROCE
- 11%
- Dividend yield
- 0%
- Debt / equity
- 0.29
- Sector
- Construction
- Industry
- Civil Construction
- Listed on
- NSE, BSE
About
Niraj Cement Structurals Limited is an India-based company that is primarily engaged in infrastructural services. The Company is engaged in construction of highways, expressways, turnkey projects, roads, bridges, tunnels, and other infrastructural work. The Company operates through the Road Construction segment. The Company offers services, including transportation infrastructure solutions and urban infrastructure solutions. Its unrivaled contribution to the National Highway Development Program boasts approximately 800 kilometers of roads for both flexible and rigid pavements. The Company also contributed to the Mumbai-Pune Expressway and the Bandra-Worli Sea Link projects in India. Its projects include Kolkata Metro, Jaipur Flyover, Punjab PIDB, Ludhiana, UP PWD, Hodal- Nagina Road, IDA Indore Bus Rapid Transit System (BRTS), ROB Lucknow, Cuttack-Paradeep, BKC-VAKOLA, and Bhawani Patna. Its subsidiaries are Niraj consulting Group Limited, and Niraj Build India Limited.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Civil Construction: 182 companies →Niraj Cement Structurals against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)6.1 against a typical 14.4: cheaper than most peers (1st = cheapest).25th of 181
- Sales growth+10.4% against a typical +8.6% from a year earlier.71st of 147
- Profit growth+269.1% against a typical 0% from a year earlier.4th of 130
- Share price, 3 months−18.4% against a typical −13.2%.107th of 164
- Size₹ 143.7 Cr. market value against a typical ₹ 148 Cr. (1st = largest).80th of 156
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by Infomerics- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| Infomerics | IVR BBB | Stable | 10 Jun 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 10 Jun 2026 | Reaffirmed | IVR BBB | — | Infomerics | ₹ 5 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 14 Aug 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2026 and other business matters |
| 21 May 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2026 and other business matters |
| 10 Feb 2026 | Financial Results/Other business matters | To consider and approve the financial results for the period ended December 31, 2025 and other business matters |
| 13 Nov 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2025 and other business matters |
| 13 Aug 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended Jun 30, 2025 and other business matters |
| 22 May 2025 | Financial Results/Other business matters | To consider and approve the financial results for the period ended March 31, 2025 and other business matters |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 111 | 126 | 134 | 82 | 138 | 120 | 167 | 94 | 172 | 140 | 135 | 104 |
| Expenses | 109 | 123 | 126 | 82 | 133 | 117 | 158 | 95 | 162 | 133 | 131 | 103 |
| Operating Profit | 2 | 3 | 8 | 0 | 5 | 2 | 8 | −1 | 10 | 7 | 4 | 2 |
| OPM % | 2% | 2.7% | 6.2% | 0.4% | 3.9% | 2% | 5% | −0.9% | 5.8% | 4.8% | 2.8% | 1.5% |
| Other Income | −0 | −2 | 2 | 1 | 0 | 1 | 3 | 3 | 2 | 3 | 7 | 7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 |
| Depreciation | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Profit before tax | 1 | 1 | 10 | 1 | 5 | 3 | 11 | 1 | 12 | 8 | 8 | 5 |
| Tax % | 26.7% | 26.3% | 23.5% | 23.6% | 23.4% | 25.3% | 25.3% | 21.6% | 20.8% | 26.9% | 31.7% | 25.6% |
| Net Profit | 1 | 1 | 7 | 1 | 4 | 2 | 8 | 1 | 9 | 6 | 5 | 4 |
| EPS in Rs | 0.21 | 0.25 | 1.86 | 0.2 | 1.01 | 0.51 | 1.36 | 0.18 | 1.54 | 1.02 | 0.88 | 0.68 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 18%
- 5 Years
- 25%
- 3 Years
- −4%
- TTM
- 6%
- 10 Years
- 42%
- 5 Years
- 63%
- 3 Years
- 47%
- TTM
- 59%
- 10 Years
- 9%
- 5 Years
- −9%
- 3 Years
- −7%
- TTM
- —
- 10 Years
- 4%
- 5 Years
- 7%
- 3 Years
- 9%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Niraj Cement Structurals | ₹ 24.50 | ₹ 144 Cr. | 6.1x | 0.6x | 8% | — |
| DLF | ₹ 653.55 | ₹ 1,61,774 Cr. | 39.1x | 3.6x | 10% | 32% |
| Lodha Developers | ₹ 963.00 | ₹ 1,01,441 Cr. | 33.7x | 5.1x | 15.8% | 20.6% |
| Indus Towers | ₹ 380.00 | ₹ 1,00,250 Cr. | 14.8x | 2.7x | 19.8% | 22% |
| Oberoi Realty | ₹ 1,587.20 | ₹ 57,846 Cr. | 27.1x | 3.8x | — | 41.6% |
| Godrej Properties | ₹ 1,497.90 | ₹ 45,121 Cr. | 167.3x | 3.3x | 10.2% | 35.9% |
Management
- Vinaykumar Rajkumar Ghuwalewala
- Chief Financial Officer
- Anil Anant Jha
- Compliance Officer, Company Secretary
- Vishram Pandurang Rudre
- Managing Director, Executive Director
- Sudhakar Balu Tandale
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.