Nitiraj Engineers Ltd.

₹190.98

-7 (-3.5%)

NITIRAJ Share Price

Electrical Equipment

As on October 28, 2026

SectorCapital Goods

IndustryElectrical Equipment

Basic IndustryOther Electrical Equipment

Market Cap₹ 195.77 Cr

P/E Ratio-851.83

Dividend YieldN/A

Trendline Performance

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T&C*

Technicals

Indicators	Value	Signal
5-DMA	195.16	Bearish
10-DMA	199.74	Bearish
20-DMA	203.86	Bearish
50-DMA	211.17	Bearish
100-DMA	205.44	Bearish
200-DMA	202.34	Bearish

Historical Performance

1 Year

0.2%

3 Years

46%

5 Years

296.2%

10 Years

N/A

Shareholding Pattern

Values Analysis

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Profit & Loss

Below figures are in Rs. Crores

Particulars	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Net Sales	461	396	534	479	539
Total Expenditure	425	378	453	443	452
Other Income	5	6	2	19	12
Operating Profit	40	24	83	55	98
Interest	3	5	3	4	1
Depreciation	37	31	31	14	13
Profit Before Tax	---	-46	49	36	85
Consolidated Net Profit	-2	-35	35	24	60
Adjusted EPS	---	-3	3	2	6

Compounded Sales Growth

10 Years:-2.9

5 Years:3.5

3 Years:-0.8

TTM:3.1

Compounded Profit Growth

10 Years:-55.6

5 Years:-51.7

3 Years:-49.4

TTM:-42.1

Stock Price CAGR

10 Years:N/A

5 Years:32.4

3 Years:13.4

TTM:-0.5

Return on Equity

10 Years:N/A

5 Years:5.9

3 Years:3.5

last year:-0.2

Quarterly Results

Below figures are in Rs. Crores

Particulars	Sep-2024	Dec-2024	Mar-2025	Jul-2025	Sep-2025
Sales	1,70,754	1,35,936	1,28,552	1,22,189	1,05,161
Expenses	63,042	56,557	52,457	45,459	34,856
Operating Profit	1,07,712	79,379	76,096	76,730	70,304
OPM %	63%	58%	59%	63%	67%
Other Income	33,912	31,759	27,333	24,879	18,947
Interest	77,780	58,584	59,248	62,137	53,713
Depreciation	2,345	1,681	1,385	1,277	1,221
Profit Before Tax	61,498	50,873	42,796	38,195	34,318
Tax %	25%	25%	26%	29%	35%
Net Profit	46,149	38,151	31,857	27,296	22,446
EPS in Rs	83	69	58	50	42

Balance Sheet

Below figures are in Rs. Crores

Particulars	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Share Capital	103	103	103	103	82
Total Reserves	573	574	610	590	586
Long-Term Borrowings	---	---	---	---	---
Total Non-Current Liabilities	2	-1	15	4	2
Other Current Liabilities	54	37	32	29	19
Short Term Borrowings	30	37	---	54	---
Total Liabilities	791	764	797	803	728
Capital Work in Progress	---	---	51	---	---
Long Term Loans & Advances	39	21	24	96	89
Currents Investments	5	4	4	---	---
Short Term Loans and Advances	42	52	50	19	---
Total Current Assets	357	324	342	315	352
Total Assets	791	764	797	803	728
Adjusted Book Value	66	66	70	68	65

Positive

(80 to 100)

Neutral

(60 to 79)

Negative

(0 to 59)

The stock has a low PE of -851.83, which may indicate undervaluation or subdued growth expectations.
Over the last three years, the stock delivered a moderate 3-year price CAGR of 14.2%, reflecting average market performance.
The stock carries a low beta of 0.5, suggesting lower volatility than the broader market.
In the last financial year, the company reported an EBITDA of ₹40 million, reflecting positive operating performance.
In the previous financial year, the company generated revenue of ₹461 million, indicating a relatively small business scale.

Investment Calculator

Investment Amount:₹

Investment Amount: ₹ 1000000

Current Value: ₹ 994842.9

No. of Shares: 5209 (Approx)

Performance:-0.5%

-5157.1

NIFTY Performance: -12.9%

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