Business Description
Nitiraj Engineers Ltd
SIC : 3829
ISIN : INE439T01012
Total Employee Number:
387Compare
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Traded in other countries / regions
NITIRAJ.India IPO Date
2017-03-09Description
Nitiraj Engineers Ltd is an Indian manufacturer of measuring, counting, and automation equipment. Its product portfolio spans electronic weighing scales and systems, electronic currency counting machines, digital fare meters, mechanical scales, and home and hotel automation products. The electronic weighing scales and systems segment accounts for the largest share of revenue, serving industrial, commercial, jewellery, healthcare, household, and automobile applications. Its currency counting machines and fare meters cater to banks, financial institutions, retail businesses, and transport operators, while the automation line targets residential and hospitality customers. The company manufactures and sells primarily in India, where it derives the majority of its revenue, and distributes through a network of dealers, distributors, and direct institutional sales. Revenue is generated mainly through product sales, supplemented by after-sales service and support.
Financial Strength
10/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Cash-To-Debt | 1242.52 | |||||
Equity-to-Asset | 0.88 | |||||
Interest Coverage | 28.3 | |||||
Piotroski F-Score | 3/9 | |||||
Altman Z-Score | 14.46 | |||||
Beneish M-Score | -2.29 | |||||
WACC vs ROIC | ||||||
Growth Rank
4/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
3-Year Revenue Growth Rate | 0.1 | |||||
3-Year EBITDA Growth Rate | 10.5 | |||||
3-Year FCF Growth Rate | -288.4 | |||||
3-Year Book Growth Rate | 6.6 |
Momentum Rank
3/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
5-Day RSI | 49.78 | |||||
9-Day RSI | 58.06 | |||||
14-Day RSI | 59.65 | |||||
3-1 Month Momentum % | 2.32 | |||||
6-1 Month Momentum % | -6.33 | |||||
12-1 Month Momentum % | -4.12 |
Liquidity Ratio
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Current Ratio | 6.59 | |||||
Quick Ratio | 5.52 | |||||
Cash Ratio | 4.1 | |||||
Days Inventory | 221.6 | |||||
Days Sales Outstanding | 55.39 | |||||
Days Payable | 32.36 |
Dividend & Buy Back
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Dividend Yield % | 0.65 | |||||
Dividend Payout Ratio | 0.64 | |||||
5-Year Yield-on-Cost % | 0.65 | |||||
3-Year Average Share Buyback Ratio | -0.1 | |||||
Shareholder Yield % | 0.67 |
Profitability Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
Gross Margin % | 55.16 | |||||
Operating Margin % | 3.52 | |||||
Net Margin % | 4.4 | |||||
EBITDA Margin % | 12.53 | |||||
FCF Margin % | -16.3 | |||||
OCF Margin % | -6.25 | |||||
ROE % | 2.9 | |||||
ROA % | 2.58 | |||||
ROIC % | 2.01 | |||||
3-Year ROIIC % | 0.91 | |||||
ROC (Joel Greenblatt) % | 6.11 | |||||
ROCE % | 3.84 | |||||
Years of Profitability over Past 10-Year | 8 |
GF Value Rank
1/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
PE Ratio | 98.73 | |||||
PE Ratio without NRI | 98.73 | |||||
Shiller PE Ratio | 56.79 | |||||
PS Ratio | 4.36 | |||||
PB Ratio | 2.89 | |||||
Price-to-Tangible-Book | 3.03 | |||||
EV-to-EBIT | 68.66 | |||||
EV-to-EBITDA | 33.11 | |||||
EV-to-Revenue | 4.15 | |||||
EV-to-FCF | -23.22 | |||||
Price-to-GF-Value | 1.61 | |||||
Price-to-Projected-FCF | 3.19 | |||||
Price-to-Graham-Number | 5.46 | |||||
| Price-to-Net-Current-Asset-Value | 6.55 | |||||
| Price-to-Net-Cash | 12.92 | |||||
Earnings Yield (Greenblatt) % | 1.46 | |||||
FCF Yield % | -3.8 | |||||
Forward Rate of Return (Yacktman) % | -4.3 |
Operating Revenue by Business Segment
Operating Revenue by Geographic Region
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
Guru Trades
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Performance
Dividend
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Annualized Return % Â
Total Annual Return % Â
Nitiraj Engineers Ltd Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil ₹) | 547.16 | ||
| EPS (TTM) (₹) | 2.351 | ||
| Beta | -0.057 | ||
| 3-Year Sharpe Ratio | 0.59 | ||
| 3-Year Sortino Ratio | 1.14 | ||
| Volatility % | 31.32 | ||
| 14-Day RSI | 59.65 | ||
| 14-Day ATR (₹) | 12.667684 | ||
| 20-Day SMA (₹) | 217.6275 | ||
| 12-1 Month Momentum % | -4.12 | ||
| 52-Week Range (₹) | 168 - 241 | ||
| Shares Outstanding (Mil) | 10.25 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 3 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Nitiraj Engineers Ltd Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Nitiraj Engineers Ltd Stock Events
| Event | Date | Price (₹) | ||
|---|---|---|---|---|
| INR 1.500000 Cash Dividend | 2025-09-16 | 222.50 (+1.60%) | ||
| 1.25:1 Stock Split | 2019-09-30 | 76.40 (+1.60%) |
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Nitiraj Engineers Ltd Frequently Asked Questions
What is Nitiraj Engineers Ltd(NSE:NITIRAJ)'s stock price today?
The current price of NSE:NITIRAJ is ₹227.85. The 52 week high of NSE:NITIRAJ is ₹241.00 and 52 week low is ₹168.00.
When is next earnings date of Nitiraj Engineers Ltd(NSE:NITIRAJ)?
The next earnings date of Nitiraj Engineers Ltd(NSE:NITIRAJ) is .
Does Nitiraj Engineers Ltd(NSE:NITIRAJ) pay dividends? If so, how much?
The Dividend Yield %  of Nitiraj Engineers Ltd(NSE:NITIRAJ) is 0.65% (As of Today), Highest Dividend Payout Ratio of Nitiraj Engineers Ltd(NSE:NITIRAJ) was 1.46. The lowest was 0.32. And the median was 0.89. The  Forward Dividend Yield % of Nitiraj Engineers Ltd(NSE:NITIRAJ) is 0%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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