Nitiraj Engineers
- Market cap
- ₹ 195 Cr.
- P/E
- 24.8x
- P/B
- 2.5x
- 52-week range
- 168 – 241
- ROE
- 1%
- ROCE
- 1.8%
- Dividend yield
- 0%
- Debt / equity
- 0
- Sector
- Consumer Durables
- Industry
- Consumer Electronics
- Listed on
- NSE
About
Nitiraj Engineers Ltd. is an India-based company, which is engaged in manufacturing and selling of a variety of electronic weighing scales, currency counting machines, and taxi fare meters. Its diverse product portfolio encompasses electronic weighing scales and systems, currency counting machines, security and automation products, home and hotel automation, mechanical scales, and electronic fare meters. These offerings cater to both industrial and domestic segments, with specific applications for Industrial, Commercial, Jewellery, Healthcare, Household, and Automobile sectors. Its products include analytical weighing balances, jewelry scales, tabletop scales, price computing scales, piece counting scales, platform scales, special application indicators, hanging scales, industrial weighing scales, baby weighing scales, person weighing scales, growth monitoring devices, adult weighing scales (heavy duty), currency counting machines, and security and automation products.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Consumer Electronics: 24 companies →Nitiraj Engineers 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)24.8 against a typical 24.8: in line than most peers (1st = cheapest).12th of 23
- Sales growth+78.7% against a typical +33.3% from a year earlier.5th of 21
- Share price, 3 months−9.9% against a typical −14.9%.9th of 22
- Size₹ 194.8 Cr. market value against a typical ₹ 308 Cr. (1st = largest).13th of 22
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 4 Sep 2026 | Other business matters | To consider other business matters |
| 13 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 |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 13 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 30 Aug 2025 | Other business matters | To consider 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 | 16 | 20 | 53 | 4 | 13 | 37 | 23 | 11 | 16 | 11 | 8 | 19 |
| Expenses | 13 | 17 | 42 | 6 | 12 | 27 | 22 | 11 | 14 | 10 | 8 | 17 |
| Operating Profit | 3 | 4 | 10 | −2 | 1 | 10 | 1 | 0 | 3 | 1 | −0 | 2 |
| OPM % | 17.4% | 17.6% | 19.5% | −37.9% | 5.6% | 25.9% | 3.3% | 0.2% | 16.5% | 9.8% | −3.7% | 10.4% |
| Other Income | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 2 | 3 | 10 | −2 | 0 | 9 | 0 | −0 | 2 | 1 | −1 | 1 |
| Tax % | 20% | 25.2% | 25.1% | −25% | 50% | 25.2% | 155.6% | −25.6% | 25.4% | 23.1% | −25.9% | 26.6% |
| Net Profit | 2 | 2 | 7 | −2 | 0 | 7 | −0 | −0 | 2 | 0 | −1 | 1 |
| EPS in Rs | 1.57 | 2.09 | 7.24 | −1.61 | 0.02 | 6.35 | −0.06 | −0.31 | 1.59 | 0.38 | −0.62 | 1 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- −3%
- 5 Years
- −3%
- 3 Years
- 0%
- TTM
- −34%
- 10 Years
- −15%
- 5 Years
- −22%
- 3 Years
- —
- TTM
- −61%
- 10 Years
- —
- 5 Years
- 35%
- 3 Years
- 25%
- TTM
- —
- 10 Years
- 5%
- 5 Years
- 5%
- 3 Years
- 7%
- 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.
| Nitiraj Engineers | ₹ 194.99 | ₹ 195 Cr. | 24.8x | 2.5x | 1% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 91.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 23.3x | 7.7x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 74.2x | 10.1x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 113.8x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.2x | 5.4x | 17% | 28.7% |
Management
- Rachna Kothari
- Compliance Officer, Company Secretary
- Rajesh Raghunath Bhatwal
- Managing Director, Director
- Shakuntala Rajesh Bhatwal
- Whole-time Director
- Hung Sin Yi
- Whole-time Director
Prices are delayed and for information only. Nothing on this page is investment advice.