NITIRAJ Stock Overview
Manufactures and sells various electronic weighing scales and systems and digital fare meters for industrial and domestic sectors in India and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
My Notes
Capture your thoughts, links and company narrative
Nitiraj Engineers Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹227.35 |
| 52 Week High | ₹303.00 |
| 52 Week Low | ₹109.10 |
| Beta | 0.22 |
| 1 Month Change | 6.66% |
| 3 Month Change | -1.12% |
| 1 Year Change | 102.72% |
| 3 Year Change | 188.88% |
| 5 Year Change | 229.49% |
| Change since IPO | 303.10% |
Recent News & Updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)
Sep 18
Nitiraj Engineers Limited (NSE:NITIRAJ) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough
Aug 24Nitiraj Engineers Limited's (NSE:NITIRAJ) 27% Share Price Surge Not Quite Adding Up
Jun 12It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year
Sep 19Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why
Sep 23How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?
Feb 22Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Jan 02
Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares
Dec 07Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay
Nov 24Shareholder Returns
| NITIRAJ | IN Electronic | IN Market | |
|---|---|---|---|
| 7D | -2.5% | 2.6% | -4.2% |
| 1Y | 102.7% | 73.8% | 19.1% |
Return vs Industry: NITIRAJ exceeded the Indian Electronic industry which returned 73.8% over the past year.
Return vs Market: NITIRAJ exceeded the Indian Market which returned 19.1% over the past year.
Price Volatility
| NITIRAJ volatility | |
|---|---|
| NITIRAJ Average Weekly Movement | 7.7% |
| Electronic Industry Average Movement | 6.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.0% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: NITIRAJ's share price has been volatile over the past 3 months compared to the Indian market.
Volatility Over Time: NITIRAJ's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1989 | 321 | Rajesh Bhatwal | www.nitiraj.net |
Nitiraj Engineers Limited manufactures and sells various electronic weighing scales and systems and digital fare meters for industrial and domestic sectors in India and internationally. It operates through Electronic Weighing Scales and Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales segments. The company offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial, kitchen, baby weighing, person weighing, adult weighing, and body mass index scales; and analytical weighing balances, special application indicators, growth monitoring devices, currency counting machines, taxi fare meters, and home automation and security products, as well as security and automation products.
Nitiraj Engineers Limited Fundamentals Summary
| NITIRAJ fundamental statistics | |
|---|---|
| Market cap | ₹2.33b |
| Earnings (TTM) | ₹79.30m |
| Revenue (TTM) | ₹896.51m |
29.4x
P/E Ratio2.6x
P/S RatioIs NITIRAJ overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NITIRAJ income statement (TTM) | |
|---|---|
| Revenue | ₹896.51m |
| Cost of Revenue | ₹513.72m |
| Gross Profit | ₹382.79m |
| Other Expenses | ₹303.50m |
| Earnings | ₹79.30m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.74 |
| Gross Margin | 42.70% |
| Net Profit Margin | 8.84% |
| Debt/Equity Ratio | 0% |
How did NITIRAJ perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield13%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 23:12 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nitiraj Engineers Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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