Nitiraj Engineers Ltd

Fri 4/09/2026,15:59:22 | NSE : NITIRAJ

₹219.1914.06 (6.85%)

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Market Data

Essential tool: analyze, trade, manage, decide.

Open

₹ 207.95

Previous Close

₹ 205.13

Volume

38842

Mkt Cap ( ₹ Cr)

₹ 224.69

High

₹ 241.00

Low

₹ 200.00

52 Week High

₹ 241.00

52 Week Low

₹ 168.00

Book Value Per Share

₹ 81.32

Dividend Yield

₹ 0.00

Face Value

₹₹10.00

What's Your Call?

Collective community sentiment on Nitiraj Engineers Ltd

Your Vote -

Buy

63.64%

Hold

9.09%

Sell

27.27%

63.64%

11 users have voted

Market Depth

How many stocks are available to buy or sell and at what prices.

Buy Order Quantity

0%

Sell Order Quantity

100%

Bid Price

Qty

0.00

0

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

0

Bid Price

Qty

219.19

200

0.00

0

0.00

0

0.00

0

0.00

0

Bid Total

200

Option Chain

Analyzes market sentiment, predicts Nitiraj Engineers Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Nitiraj Engineers - Shareholders meeting

    4 Sep 2026, 7:24PM Nitiraj Engineers Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026
  • Nitiraj Engineers - Outcome of Board Meeting

    4 Sep 2026, 6:25PM Nitiraj Engineers Limited has informed the Exchange regarding Outcome of Board Meeting held on September 04, 2026.
  • Nitiraj Engineers - Copy of Newspaper Publication

    14 Aug 2026, 4:27PM Nitiraj Engineers Limited has informed the Exchange about Copy of Newspaper Publication
  • Nitiraj Engineers - Outcome of Board Meeting

    13 Aug 2026, 2:29PM Nitiraj Engineers Limited has informed the Exchange regarding Outcome of Board Meeting held on August 13, 2026.
  • Nitiraj Engineers - Outcome of Board Meeting

    13 Aug 2026, 2:24PM Nitiraj Engineers Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
  • Nitiraj Engineers has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2026

    16 Jul 2026, 9:00PM As of June 2026, 69.07% is owned by Indian Promoters and 30.93% by Public. <p align=justify> Top five Promoters holding highest number of shares of Ni
  • Nitiraj Engineers - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    9 Jul 2026, 4:54PM Nitiraj Engineers Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Nitiraj Engineers - Disclosure under SEBI Takeover Regulations

    6 Jul 2026, 11:11AM Nitiraj Engineers Limitedÿhas Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub
  • Nitiraj Engineers - Trading Window

    26 Jun 2026, 7:04PM Nitiraj Engineers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations
  • Nitiraj Engineers - General Updates

    10 Jun 2026, 2:05PM Nitiraj Engineers Limited has informed the Exchange about General Updates
  • Nitiraj Engineers - Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals

    10 Jun 2026, 1:58PM Nitiraj Engineers Limited has informed the Exchange about Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
  • Nitiraj Engineers - Appointment

    9 Jun 2026, 7:07PM Nitiraj Engineers Limited has informed the Exchange regarding Appointment of Mrs Soni Shailesh Karwa as Company Secretary & Compliance Officer of the
  • Nitiraj Engineers - Outcome of Board Meeting

    9 Jun 2026, 7:01PM Nitiraj Engineers Limited has informed the Exchange regarding Outcome of Board Meeting held on Jun 09, 2026.

Key fundamentals

Evaluate the intrinsic value of Nitiraj Engineers Ltd stock 

Name March-26 March-25 March-24 March-23 March-22
Assets 82.3352 82.8108 79.6609 70.5653 71.9362
Liabilities 82.3352 82.8108 79.6609 70.5653 71.9362
Equity 10.251 10.251 10.251 10.251 10.251
Gross Profit 3.5361 9.4302 18.3904 3.5381 1.7852
Net Profit 1.0605 4.8311 12.0355 -0.3705 -3.3574
Cash From Operating Activities -3.4297 14.1981 17.8745 0.7082 1.4531
NPM(%) 2.28 6.31 11.98 -0.8 -8.47
Revenue 46.4107 76.5172 100.4361 46.0795 39.6263
Expenses 42.8746 67.087 82.0457 42.5414 37.8411
ROE(%) 1.27 5.79 14.43 -0.44 -4.02

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
16 Sep 2025 1.5 15 0 249.05
17 Sep 2024 1.5 15 0 209.8

Peers

Other companies within the same industry or sector that are comparable to Nitiraj Engineers Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Eimco Elecon (India) Ltd 2254.40 -1.14 32.83 0.00 671.13 0.18
CIE Automotive India Ltd 385.35 0.36 16.18 0.00 218.31 1.82
Action Construction Equipment Ltd 1125.40 -1.75 30.67 0.00 1742.86 0.18
WPIL Ltd 443.90 -0.36 25.56 0.00 1618.84 0.45

Company Info

We are an ISO 9001:2008 certified company, engaged in the designing, manufacturing and sale of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines and Electronic Fare Meters. the product portfolio caters to both industrial and domestic consumption. the products are manufactured at the manufacturing units located at Parwanoo, Himachal Pradesh. We supply the products under the brand "PHOENIX" through the large network of dealers and branches. The Company was originally formed as a partnership firm under the name and style of M/s. Nitiraj Engineers through the partnership deed dated November 9, 1987. This firm was duly registered with Registrar of Firms, Mumbai vide registration No. MA 12849 dated November 7, 1994. This partnership firm was carrying on business of Manufacturers, Resellers, Importers, Exporters in Electronic Weighing Scales and allied products. The business was carried out on the terms and conditions contained in the Partnership Deed dated November 9, 1987 and since further modified by the Retirement-cum-Admission Deed dated February 22, 1990 and June 2, 1993 and Admission Deed dated March 1, 1999. For the sake of smooth working, effective management and improvement / advancement of business, all the members of the partnership firm decided through resolution dated March 1, 1999 to register M/s Nitiraj Engineers under Part IX of the Companies Act, 1956 as a Company for carrying on and continuing the said business of the partnership firm uninterrupted in a Joint Stock Company. Memorandum of Association was executed with the intention of continuing to carry on the said business of M/s Nitiraj Engineers through all its properties, movable and immovable, all other assets and liabilities, including inter alia all licenses, permits, authorisations, registrations, pending contract / un-executed orders and all other rights, benefits, advantages etc. vested in M/s Nitiraj Engineers. The partnership firm was having a permanent capital of Rs. 1,00,00,000/-. Following were the partners of M/s Nitiraj Engineers at the time of conversion into private limited company : 1. Mr. Rajesh Raghunath Bhatwal 2. Ms. Shakuntala Rajesh Bhatwal 3. Ms. Mirabai Raghunath Bhatwal 4. Mr. Aalok Raghunath Bhatwal 5. Mr. Raghunath Rameshwar Bhatwal 6. Ms. Deepa Aalok Bhatwal 7. Prime Digiscales Private Limited, represented by Mr. Rajesh Raghunath Bhatwal The partners also mutually agreed that their share in the partnership firm represented by Capital Account, right to assets and shares in profit, shall continue in the same proportion as the Capital contribution, upon the partnership firm being converted into a Company. Upon conversion into a Private Company limited by shares, a Certificate of Incorporation dated April 1, 1999 was issued by the Asst. Registrar of Companies, Maharashtra, Mumbai, in the name and style of Nitiraj Engineers Private Limited. The Company was subsequently converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of Members of the Company held on June 8, 2015 and the name of the Company was changed to Nitiraj Engineers Limited vide a fresh Certificate of Incorporation dated June 22, 2015 issued by the Deputy Registrar of Companies, Maharashtra, Mumbai. At the time of incorporation, the Registered Office was situated at Bhatwal Dal Mill Compound, B/h Gurudwara, Mumbai-Agra Highway, Dhule - 424 311. With effect from April 27, 1999, the Registered Office of the Company was shifted to 306A Bhabha Building, N.M. Joshi Marg, Near Police Station, Mumbai - 400 011. KEY EVENTS / MILESTONES IN THE HISTORY OF THE COMPANY : 1999 -Conversion of partnership firm into Private Limited Company under Part IX of Companies Act, 1956. 2001 -ISO 9001 certification. 2006 -Registered with National Small Industries Corporation Limited (NSIC) -Registration as approved supplier with Director General of Supplies & Disposals (DGS&D), Government of India 2008 -Quality Certification from Bureau of Indian Standard 2010 -Conferred with ISO 9001:2008 Standard 2015 -Conversion of Private Limited Company to Public Limited Company 2019 -Company has issued Bonus Shares in the Ratio of 1:4.

We are an ISO 9001:2008 certified company, engaged in the designing, manufacturing and sale of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines and Electronic Fare Meters. the product portfolio caters to both industrial and domestic consumption. the products are manufactured at the manufacturing units located at Parwanoo, Himachal Pradesh. We supply the products under the brand "PHOENIX" through the large network of dealers and branches. The Company was originally formed as a partnership firm under the name and style of M/s. Nitiraj Engineers through the partnership deed dated November 9, 1987. This firm was duly registered with Registrar of Firms, Mumbai vide registration No. MA 12849 dated November 7, 1994. This partnership firm was carrying on business of Manufacturers, Resellers, Importers, Exporters in Electronic Weighing Scales and allied products. The business was carried out on the terms and conditions contained in the Partnership Deed dated November 9, 1987 and since further modified by the Retirement-cum-Admission Deed dated February 22, 1990 and June 2, 1993 and Admission Deed dated March 1, 1999. For the sake of smooth working, effective management and improvement / advancement of business, all the members of the partnership firm decided through resolution dated March 1, 1999 to register M/s Nitiraj Engineers under Part IX of the Companies Act, 1956 as a Company for carrying on and continuing the said business of the partnership firm uninterrupted in a Joint Stock Company. Memorandum of Association was executed with the intention of continuing to carry on the said business of M/s Nitiraj Engineers through all its properties, movable and immovable, all other assets and liabilities, including inter alia all licenses, permits, authorisations, registrations, pending contract / un-executed orders and all other rights, benefits, advantages etc. vested in M/s Nitiraj Engineers. The partnership firm was having a permanent capital of Rs. 1,00,00,000/-. Following were the partners of M/s Nitiraj Engineers at the time of conversion into private limited company : 1. Mr. Rajesh Raghunath Bhatwal 2. Ms. Shakuntala Rajesh Bhatwal 3. Ms. Mirabai Raghunath Bhatwal 4. Mr. Aalok Raghunath Bhatwal 5. Mr. Raghunath Rameshwar Bhatwal 6. Ms. Deepa Aalok Bhatwal 7. Prime Digiscales Private Limited, represented by Mr. Rajesh Raghunath Bhatwal The partners also mutually agreed that their share in the partnership firm represented by Capital Account, right to assets and shares in profit, shall continue in the same proportion as the Capital contribution, upon the partnership firm being converted into a Company. Upon conversion into a Private Company limited by shares, a Certificate of Incorporation dated April 1, 1999 was issued by the Asst. Registrar of Companies, Maharashtra, Mumbai, in the name and style of Nitiraj Engineers Private Limited. The Company was subsequently converted into a Public Limited Company pursuant to Shareholders Resolution passed at the Extra Ordinary General Meeting of Members of the Company held on June 8, 2015 and the name of the Company was changed to Nitiraj Engineers Limited vide a fresh Certificate of Incorporation dated June 22, 2015 issued by the Deputy Registrar of Companies, Maharashtra, Mumbai. At the time of incorporation, the Registered Office was situated at Bhatwal Dal Mill Compound, B/h Gurudwara, Mumbai-Agra Highway, Dhule - 424 311. With effect from April 27, 1999, the Registered Office of the Company was shifted to 306A Bhabha Building, N.M. Joshi Marg, Near Police Station, Mumbai - 400 011. KEY EVENTS / MILESTONES IN THE HISTORY OF THE COMPANY : 1999 -Conversion of partnership firm into Private Limited Company under Part IX of Companies Act, 1956. 2001 -ISO 9001 certification. 2006 -Registered with National Small Industries Corporation Limited (NSIC) -Registration as approved supplier with Director General of Supplies & Disposals (DGS&D), Government of India 2008 -Quality Certification from Bureau of Indian Standard 2010 -Conferred with ISO 9001:2008 Standard 2015 -Conversion of Private Limited Company to Public Limited Company 2019 -Company has issued Bonus Shares in the Ratio of 1:4.

Parent Organisation

Nitiraj Engineers Ltd.

Founded

01/04/1999

Managing Director

Mr.Rajesh Raghunath Bhatwal

NSE Symbol

NITIRAJEQ

FAQ