Nitiraj Engineers (NSE:NITIRAJ) Dividend Yield %: 0.73% (As of Sep. 04, 2026) — Near Median

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NSE:NITIRAJ Nitiraj Engineers Ltd NSE:NITIRAJ
55 GF Score
Price ₹205.13
GF Value ₹141.59
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Nitiraj Engineers Dividend Yield %?

Nitiraj Engineers NSE:NITIRAJ +0.73% 55 Dividend Yield % is 0.73% as of Sep. 04, 2026, which is 1% above its 10-year median of 0.72. GuruFocus rates NSE:NITIRAJ with a GF Score™ of 55/100 and a GF Value™ of ₹141.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,373 Hardware companies, Nitiraj Engineers ranks worse than 72.91% on this metric.

As of today (2026-09-04), the Trailing Annual Dividend Yield of Nitiraj Engineers is 0.73%.

The historical rank and industry rank for Nitiraj Engineers's Dividend Yield % or its related term are showing as below:

NSE:NITIRAJ' s Dividend Yield % Range Over the Past 10 Years
Min: 0.41   Med: 0.72   Max: 0.84
Current: 0.73

During the past 13 years, the highest Dividend Yield of Nitiraj Engineers was 0.84%. The lowest was 0.41%. And the median was 0.72%.

NSE:NITIRAJ's Dividend Yield % is ranked worse than
72.91% of 1373 companies
in the Hardware industry
Industry Median: 1.6 vs NSE:NITIRAJ: 0.73

Nitiraj Engineers's Dividend Payout Ratio for the three months ended in Jun. 2026 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Nitiraj Engineers was 1.46. The lowest was 0.32. And the median was 0.89.

As of today (2026-09-04), the Forward Dividend Yield % of Nitiraj Engineers is 0.73%.

Nitiraj Engineers's Dividends per Share for the three months ended in Jun. 2026 was ₹0.00.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Nitiraj Engineers  (NSE:NITIRAJ) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Nitiraj Engineers Dividend Yield % Related Terms


Nitiraj Engineers Dividend Yield % Historical Data

* Premium members only.

The historical data trend for Nitiraj Engineers's Dividend Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nitiraj Engineers Dividend Yield % Chart

Nitiraj Engineers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Yield %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.56 0.75

Nitiraj Engineers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.76 0.80 0.75 0.80

NSE:NITIRAJ vs GRMN, COHR, KEYS: Dividend Yield % Comparison

For the Scientific & Technical Instruments subindustry, Nitiraj Engineers's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nitiraj Engineers Dividend Yield % vs Hardware Industry

For the Hardware industry and Technology sector, Nitiraj Engineers's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Nitiraj Engineers's Dividend Yield % falls into.


NSE:NITIRAJ
55GF Score
Nitiraj Engineers Ltd NSE:NITIRAJ
Dividend Yield % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nitiraj Engineers Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Nitiraj Engineers Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
INR 1.5000002025-09-162025-09-172025-10-20Cash DividendannuallyINR:INR 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Nitiraj Engineers's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.5/205.13
=0.73 %

Current Share Price is ₹205.13.
Nitiraj Engineers's Dividends per Share for the trailing twelve months (TTM) ended in Today is ₹1.5.

Nitiraj Engineers's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.5/205.13
=0.73 %

Current Share Price is ₹205.13.
Nitiraj Engineers's Dividends per Share for the forward twelve months is calculated as ₹1.5 * 1 = ₹1.5.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Yield % →
What does a Dividend Yield % of 0.73% mean?
Nitiraj Engineers (NSE:NITIRAJ) has a Dividend Yield % of 0.73% as of Sep. 04, 2026. Dividend yield is the ratio of company dividends to the share price. View historical data on Nitiraj Engineers and its competitors. This is near median its historical median of 0.72. Over the past decade, Nitiraj Engineers' Dividend Yield % has ranged from 0.41 to 0.84. According to the industry distribution chart, Nitiraj Engineers ranks #1001 out of 1373 companies in the Hardware industry, placing it in the top 72.9%.
Is Nitiraj Engineers' Dividend Yield % too high?
Nitiraj Engineers' current Dividend Yield % of 0.73% is near median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.84. The Hardware industry median Dividend Yield % is 1.60. Nitiraj Engineers' value of 0.73% is 54.4% below this industry median. Based on the distribution chart, Nitiraj Engineers ranks #1001 out of 1373 companies in the Hardware industry, which is below the industry midpoint. Overall, Nitiraj Engineers has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitiraj Engineers' Dividend Yield % compare to GRMN and COHR?
According to the Hardware industry distribution chart, Nitiraj Engineers ranks #1001 out of 1373 companies for Dividend Yield %. This places Nitiraj Engineers in the lower half of its industry. The industry median Dividend Yield % is 1.60. Nitiraj Engineers' value of 0.73% is 54.4% below this benchmark. Historically, Nitiraj Engineers' own Dividend Yield % has ranged from 0.41 to 0.84 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 1.60, Nitiraj Engineers has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Yield % for a Hardware company?
The median Dividend Yield % among Hardware companies is 1.60, based on 1,373 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitiraj Engineers's current Dividend Yield % of 0.73% is 54.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Yield % mean?
A high Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Dividend yield is the ratio of company dividends to the share price. View historical data on Nitiraj Engineers and its competitors. For the Hardware industry, the median Dividend Yield % is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitiraj Engineers's current Dividend Yield % is 0.73%, which is near median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitiraj Engineers stock overvalued right now?
Based on GuruFocus' analysis, Nitiraj Engineers (NSE:NITIRAJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹141.59, compared to a current price of ₹205.13 — trading 44.9% above its estimated fair value. The current Dividend Yield % is 0.73%, which is near median its 10-year median of 0.72 and 54.4% below the Hardware industry median of 1.60. Nitiraj Engineers' overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Yield % calculated?
Dividend Yield % is calculated from a company's financial statements. For Nitiraj Engineers (NSE:NITIRAJ), the current Dividend Yield % is 0.73% as of Sep. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nitiraj Engineers (NSE:NITIRAJ) Overvalued in 2026?

Based on GuruFocus' analysis, Nitiraj Engineers stock appears to be overvalued. The current stock price of ₹205.13 is trading 44.9% above its estimated GF Value™ of ₹141.59. GuruFocus considers Nitiraj Engineers to be Significantly Overvalued.

Key valuation signals for NSE:NITIRAJ:

  • Dividend Yield %: 0.73% (near median its 10-year median of 0.72)
  • GF Value™: ₹141.59 vs. price of ₹205.13 (44.9% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 54.4% below the Hardware median (#1001 of 1373)

No single metric tells the full story. See the NSE:NITIRAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nitiraj Engineers Business Description

Address Plot NO J25, J26,MIDC Awadhan, Dhule, MH, IND, 424006
Nitiraj Engineers Ltd offers measuring and counting devices in India. It operates in five broad segments, i.e., Electronic Weighing Scales and Systems, Electronic Currency Counting Machines, and Digital Fare Meters, Home and Hotel Automation, and Mechanical Scales. The company generates maximum revenue from the Electronic Weighing Scales and Systems segment. Its diverse product portfolio caters to various sectors such as industrial, commercial, jewellery, healthcare, household, automobile, and home and hotel. Geographically, it derives a majority of its revenue from India.
55GF Score

Get the complete analysis for NSE:NITIRAJ

Dividend Yield % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹205.13
Price
₹141.59
GF Value