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Nitiraj Engineers Ltd. (NITIRAJ) Stock Price & Analysis

NITIRAJ Stock Chart & Stats

₹197.20₹7.00(3.68%)
At close: 3:30 PM GMT+5:30
₹200₹2253 Aug17 Aug31 Aug15 Sep28 Sep12 Oct26 Oct
Day’s Range
INR 190.00 - INR 199.48
52-Week Range
INR 168.00 - INR 241.00
Previous Close
INR 190.20
Volume
5,394
Average Volume (3M)
891
Market Cap
INR 2.02B
Enterprise Value
INR 1.95B
Total Cash (Recent Filing)
INR 108.44M
Total Debt (Recent Filing)
INR 0
Price to Earnings (P/E)
83.9
Beta
0.44
Next Earnings
Nov 09, 2026 (Est.)
EPS Estimate
N/A
Dividend Yield
0.76%

Bulls Say, Bears Say

Bulls Say

Very Low Leverage

Near-zero leverage gives Nitiraj a substantial financial cushion while it manages operating volatility. A strong equity base reduces solvency pressure, preserves borrowing capacity for productive investment, and provides flexibility to sustain the business through weaker demand.

Established Product Breadth

A manufacturing base spanning weighing scales, measurement systems, and related display solutions supports participation across multiple commercial and industrial uses. This product breadth can help preserve customer relevance and create a durable platform for future sales development.

Continuing Positive Earnings

Positive net income despite a severe revenue contraction indicates that the company retained some ability to convert its remaining business into earnings. That earnings base, combined with low leverage, offers a foundation for recovery if demand and operating execution improve.

Bears Say

Sharp Revenue Contraction

The sharp FY2026 revenue decline signals substantial deterioration in demand or execution and weakens the scale supporting the business model. If sustained, lower volume can reduce fixed-cost absorption, constrain investment capacity, and make a durable recovery in earnings more difficult.

Negative Cash Generation

The reversal from positive operating and free cash flow to deeply negative FY2026 figures is a material deterioration in internal funding capacity. Persistent cash burn could require the company to draw on its balance sheet, limiting flexibility and increasing dependence on an operating recovery.

Near-break-even Operations

Operating profit near break-even shows that the recent revenue weakness has largely eroded operating profitability. Thin or negative operating margins leave little buffer against further demand pressure and make earnings more volatile until volume, pricing, or cost performance improves.

NITIRAJ FAQ

What was Nitiraj Engineers Ltd.’s price range in the past 12 months?
Nitiraj Engineers Ltd. lowest stock price was ₹168.00 and its highest was ₹241.00 in the past 12 months.
What is Nitiraj Engineers Ltd.’s market cap?
Nitiraj Engineers Ltd.’s market cap is ₹2.02B.
When is Nitiraj Engineers Ltd.’s upcoming earnings report date?
The company’s upcoming earnings report date is not yet available.
How were Nitiraj Engineers Ltd.’s earnings last quarter?
Nitiraj Engineers Ltd. released its earnings results on Aug 13, 2026. The company reported ₹0.998 earnings per share for the quarter.
Is Nitiraj Engineers Ltd. overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Nitiraj Engineers Ltd. pay dividends?
Nitiraj Engineers Ltd. pays a Notavailable dividend of ₹1.5 which represents an annual dividend yield of 0.76%. See more information on Nitiraj Engineers Ltd. dividends here
What is Nitiraj Engineers Ltd.’s EPS estimate?
Nitiraj Engineers Ltd.’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Nitiraj Engineers Ltd. have?
Nitiraj Engineers Ltd. has 10,251,000 shares outstanding.
What happened to Nitiraj Engineers Ltd.’s price movement after its last earnings report?
Nitiraj Engineers Ltd. reported an EPS of ₹0.998 in its last earnings report. Following the earnings report the stock price went down -0.158%.
Which hedge fund is a major shareholder of Nitiraj Engineers Ltd.?
Currently, no hedge funds are holding shares in IN:NITIRAJ
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology