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Market Data

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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

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Bid Total

0

Bid Price

Qty

362.45

5074

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Bid Total

5074

Option Chain

Analyzes market sentiment, predicts Nitiraj Engineers Ltd' movement.

NO_RECORD_FOUND

News

Media spotlight triggers stock stock attention, sentiment.

  • Nitiraj Engineers - Disclosure under SEBI Takeover Regulations

    15 May 2025, 6:10PM Nitiraj Engineers Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub
  • Nitiraj Engineers - Shareholders meeting

    10 May 2025, 5:08PM Nitiraj Engineers Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on May 09, 2025. Further, the co
  • Nitiraj Engineers - Shareholders meeting

    9 May 2025, 5:22PM Nitiraj Engineers Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on May 09, 2025
  • Nitiraj Engineers - Record Date

    19 Apr 2025, 2:24PM Nitiraj Engineers Limited has informed the Exchange that Record date for the purpose of Meeting is 02-May-2025.
  • Nitiraj Engineers - Copy of Newspaper Publication

    18 Apr 2025, 6:53PM Nitiraj Engineers Limited has informed the Exchange about Copy of Newspaper Publication
  • Nitiraj Engineers - Notice Of Shareholders Meetings-XBRL

    17 Apr 2025, 6:06PM NITIRAJ ENGINEERS LIMITED has informed the Exchange about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 09-May-2025
  • Nitiraj Engineers - Shareholders meeting

    17 Apr 2025, 6:01PM Nitiraj Engineers Limited has informed the Exchange regarding Notice of Extraordinary General Meeting to be held on May 09, 2025
  • Nitiraj Engineers - Outcome of Board Meeting

    17 Apr 2025, 4:27PM Nitiraj Engineers Limited has informed the Exchange regarding Board meeting held on April 17, 2025.
  • Nitiraj Engineers has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    17 Apr 2025, 7:01AM As of March 2025, 69.07% is owned by Indian Promoters and 30.93% by Public. <p align=justify> Top five Promoters holding highest number of shares of N
  • Nitiraj Engineers - Certificate under SEBI (Depositories and Participants) Regulations, 2018

    8 Apr 2025, 6:39PM Nitiraj Engineers Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
  • Nitiraj Engineers - Statement of deviation(s) or variation(s) under Reg. 32

    8 Apr 2025, 5:47PM Nitiraj Engineers Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
  • Nitiraj Engineers - Updates

    1 Apr 2025, 5:45PM Nitiraj Engineers Limited has informed the Exchange regarding 'Successful Completion of First Drone Remote Pilot Training Batch'.
  • Nitiraj Engineers - Trading Window-XBRL

    26 Mar 2025, 5:45PM NITIRAJ ENGINEERS LIMITED has informed the Exchange about Closure of Trading Window
  • Nitiraj Engineers - Trading Window

    26 Mar 2025, 5:38PM Nitiraj Engineers Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations
  • Nitiraj Engineers - General Updates

    11 Mar 2025, 4:36PM Nitiraj Engineers Limited has informed the Exchange about General Updates
  • Nitiraj Engineers - Analysts/Institutional Investor Meet/Con. Call Updates

    11 Mar 2025, 4:29PM Nitiraj Engineers Limited has informed the Exchange about
  • Nitiraj Engineers - Analysts/Institutional Investor Meet/Con. Call Updates

    4 Mar 2025, 6:04PM Nitiraj Engineers Limited has informed the Exchange about Schedule of meet

Key fundamentals

Evaluate the intrinsic value of Nitiraj Engineers Ltd stock 

Name March-24 March-23 March-22 March-21 March-20
Assets 79.6609 70.5653 71.9362 73.1044 74.8208
Liabilities 79.6609 70.5653 71.9362 73.1044 74.8208
Equity 10.251 10.251 10.251 10.251 10.251
Gross Profit 18.3904 3.5381 1.7852 7.8186 3.6012
Net Profit 12.0355 -0.3705 -3.3574 3.6352 2.586
Cash From Operating Activities 17.8745 0.7082 1.4531 6.6397 9.8961
NPM(%) 11.98 -0.8 -8.47 6.75 5.4
Revenue 100.4361 46.0795 39.6263 53.8214 47.8637
Expenses 82.0457 42.5414 37.8411 46.0027 44.2625
ROE(%) 15.72 -0.48 -4.38 4.75 3.37

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day
17 Sep 2024 1.5 15 0.58 209.8

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 1961.10 2.44 23.13 0.00 847.84 0.25
CIE Automotive India Ltd 448.45 1.54 21.17 0.00 218.13 1.56
Action Construction Equipment Ltd 1266.90 1.95 38.78 0.00 1377.86 0.16
Hercules Hoists Ltd 167.53 2.75 14.45 0.00 1124.23 2.39

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.

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Parent Organisation

Nitiraj Engineers Ltd.

Founded

01/04/1999

Managing Director

Mr.Rajesh Raghunath Bhatwal

NSE Symbol

NITIRAJBE

FAQ

The current price of Nitiraj Engineers Ltd is

The 52-week high for Nitiraj Engineers Ltd is

The market capitalization of Nitiraj Engineers Ltd is currently This value can fluctuate based on stock price movements and changes in the number of shares outstanding.

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The CEO of Nitiraj Engineers Ltd is Mr.Rajesh Raghunath Bhatwal, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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