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Nitiraj Engineers Ltd. (NITIRAJ) Stock Price & Analysis
NITIRAJ Stock Chart & Stats
- Day’s Range
- INR 190.00 - INR 194.95
- 52-Week Range
- INR 168.00 - INR 241.00
- Previous Close
- INR 188.54
- Volume
- N/A
- Average Volume (3M)
- 738
- Market Cap
- INR 1.93B
- Enterprise Value
- INR 1.95B
- Total Cash (Recent Filing)
- INR 108.44M
- Total Debt (Recent Filing)
- INR 0
- Price to Earnings (P/E)
- 81.4
- Beta
- 0.43
- Next Earnings
- Nov 09, 2026 (Est.)
- EPS Estimate
- N/A
- Last Dividend Ex-Date
- Sep 16, 2025
- Dividend Yield
- 0.80%
Bulls Say, Bears Say
Bulls Say
Very Low Leverage
Near-zero leverage and a large equity base provide financial flexibility, reduce solvency risk, and limit interest-related pressure. This gives Nitiraj greater capacity to withstand operating volatility and fund future needs without relying heavily on additional borrowing.
Established Measurement Equipment Business
Nitiraj operates in a defined equipment niche serving commercial and industrial measurement needs. Its combination of product manufacturing, allied systems, and related service activities can support repeat customer relationships and a more durable operating platform.
Positive Net Income And Gross Profit
Positive gross profit and net income in FY2026 show that the business continued to generate some economic value despite severe revenue pressure. This provides a base from which profitability could recover if demand and operating execution improve.
Bears Say
Sharp Revenue Contraction
The sharp FY2026 revenue contraction signals substantial pressure on demand, sales execution, or the company’s served markets. A smaller revenue base can weaken operating leverage, reduce absorption of fixed costs, and make a sustained earnings recovery more difficult.
Negative Operating Cash Flow
The reversal to negative operating cash flow, combined with deeply negative free cash flow, raises concern about the quality and sustainability of current earnings. If persistent, cash deficits could require the company to draw on its balance sheet to support operations or investment.
Operating Profit Near Break-Even
Operating profit near break-even indicates that the recent revenue decline has materially compressed margins and reduced business resilience. Limited operating profitability leaves less room to absorb further weakness and makes earnings more sensitive to changes in sales volume and costs.
Nitiraj Engineers Ltd. News
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Company Description
Nitiraj Engineers Ltd.
Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial, kitchen, baby weighing, person weighing, adult weighing, and body mass index scales; analytical weighing balances; special application indicators; growth monitoring devices; home automation devices; security solutions; as well as other security and automation products. The company also provides remote pilot training organisation (RPTO) services for drones/UAVs. It markets its products under the Phoenix brand name through regional branches and dealers. The company was incorporated in 1989 and is based in Dhule, India.
- Sector
- General
- Industry
- Hardware, Equipment & Parts
- CEO
- Rajesh Raghunath Bhatwal
- Employees
- 262
- Website
- www.nitiraj.net
- Address
- Plot No J25, J26, Dhule, MH, 424006, IN
Nitiraj Engineers Ltd. (NITIRAJ) Earnings & Revenues
Technical Analysis
Overall Consensus
| Indicator | Bullish | Neutral | Bearish |
|---|---|---|---|
| Overall Consensus | 3 | 5 | 14 |
| Technical Analysis | 3 | 5 | 2 |
| Moving Averages | 0 | 0 | 12 |
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