Niraj Cement Structurals Limited

NSEI:NIRAJ Stock Report

Market Cap: ₹2.5b

Niraj Cement Structurals Balance Sheet Health

Financial Health criteria checks 6/6

Niraj Cement Structurals has a total shareholder equity of ₹1.6B and total debt of ₹24.7M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹2.4B and ₹848.8M respectively. Niraj Cement Structurals's EBIT is ₹189.9M making its interest coverage ratio -7.9. It has cash and short-term investments of ₹263.9M.

Key information

1.6%

Debt to equity ratio

₹24.70m

Debt

Interest coverage ratio-7.9x
Cash₹263.90m
Equity₹1.57b
Total liabilities₹848.81m
Total assets₹2.42b

Recent financial health updates

No updates

Recent updates

Niraj Cement Structurals (NSE:NIRAJ) Might Have The Makings Of A Multi-Bagger

Sep 11
Niraj Cement Structurals (NSE:NIRAJ) Might Have The Makings Of A Multi-Bagger

Further Upside For Niraj Cement Structurals Limited (NSE:NIRAJ) Shares Could Introduce Price Risks After 27% Bounce

Sep 11
Further Upside For Niraj Cement Structurals Limited (NSE:NIRAJ) Shares Could Introduce Price Risks After 27% Bounce

Niraj Cement Structurals Limited (NSE:NIRAJ) Might Not Be As Mispriced As It Looks

Jun 27
Niraj Cement Structurals Limited (NSE:NIRAJ) Might Not Be As Mispriced As It Looks

More Unpleasant Surprises Could Be In Store For Niraj Cement Structurals Limited's (NSE:NIRAJ) Shares After Tumbling 26%

Mar 17
More Unpleasant Surprises Could Be In Store For Niraj Cement Structurals Limited's (NSE:NIRAJ) Shares After Tumbling 26%

We Like These Underlying Return On Capital Trends At Niraj Cement Structurals (NSE:NIRAJ)

Mar 12
We Like These Underlying Return On Capital Trends At Niraj Cement Structurals (NSE:NIRAJ)

Niraj Cement Structurals Limited (NSE:NIRAJ) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Jan 30
Niraj Cement Structurals Limited (NSE:NIRAJ) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected

Niraj Cement Structurals (NSE:NIRAJ) Is Looking To Continue Growing Its Returns On Capital

Mar 17
Niraj Cement Structurals (NSE:NIRAJ) Is Looking To Continue Growing Its Returns On Capital

There's Been No Shortage Of Growth Recently For Niraj Cement Structurals' (NSE:NIRAJ) Returns On Capital

Sep 10
There's Been No Shortage Of Growth Recently For Niraj Cement Structurals' (NSE:NIRAJ) Returns On Capital

Some Investors May Be Worried About Niraj Cement Structurals' (NSE:NIRAJ) Returns On Capital

Feb 26
Some Investors May Be Worried About Niraj Cement Structurals' (NSE:NIRAJ) Returns On Capital

A Look At The Intrinsic Value Of Niraj Cement Structurals Limited (NSE:NIRAJ)

Jul 06
A Look At The Intrinsic Value Of Niraj Cement Structurals Limited (NSE:NIRAJ)

Investors Interested In Niraj Cement Structurals Limited's (NSE:NIRAJ) Earnings

Oct 03
Investors Interested In Niraj Cement Structurals Limited's (NSE:NIRAJ) Earnings

Financial Position Analysis

Short Term Liabilities: NIRAJ's short term assets (₹1.8B) exceed its short term liabilities (₹822.7M).

Long Term Liabilities: NIRAJ's short term assets (₹1.8B) exceed its long term liabilities (₹26.1M).

Debt to Equity History and Analysis

Debt Level: NIRAJ has more cash than its total debt.

Reducing Debt: NIRAJ's debt to equity ratio has reduced from 10.2% to 1.6% over the past 5 years.

Debt Coverage: NIRAJ's debt is well covered by operating cash flow (382.8%).

Interest Coverage: NIRAJ earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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