Nitiraj Engineers Limited

NSEI:NITIRAJ Stock Report

Market Cap: ₹2.3b

Nitiraj Engineers Management

Management criteria checks 4/4

Nitiraj Engineers' CEO is Rajesh Bhatwal, appointed in Sep 2015, has a tenure of 9.33 years. total yearly compensation is ₹4.30M, comprised of 55.8% salary and 44.2% bonuses, including company stock and options. directly owns 45.67% of the company’s shares, worth ₹1.04B. The average tenure of the management team and the board of directors is 5.3 years and 3.1 years respectively.

Key information

Rajesh Bhatwal

Chief executive officer

₹4.3m

Total compensation

CEO salary percentage55.8%
CEO tenure9.3yrs
CEO ownership45.7%
Management average tenure5.3yrs
Board average tenure3.1yrs

Recent management updates

Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)

Sep 18
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)

It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Sep 19
It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Recent updates

Sentiment Still Eluding Nitiraj Engineers Limited (NSE:NITIRAJ)

Jan 21
Sentiment Still Eluding Nitiraj Engineers Limited (NSE:NITIRAJ)

Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)

Sep 18
Increases to CEO Compensation Might Be Put On Hold For Now at Nitiraj Engineers Limited (NSE:NITIRAJ)

Nitiraj Engineers Limited (NSE:NITIRAJ) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Aug 24
Nitiraj Engineers Limited (NSE:NITIRAJ) Looks Inexpensive After Falling 26% But Perhaps Not Attractive Enough

Nitiraj Engineers Limited's (NSE:NITIRAJ) 27% Share Price Surge Not Quite Adding Up

Jun 12
Nitiraj Engineers Limited's (NSE:NITIRAJ) 27% Share Price Surge Not Quite Adding Up

It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Sep 19
It's Unlikely That Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Will See A Huge Pay Rise This Year

Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why

Sep 23
Shareholders May Not Be So Generous With Nitiraj Engineers Limited's (NSE:NITIRAJ) CEO Compensation And Here's Why

How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?

Feb 22
How Much Is Nitiraj Engineers' (NSE:NITIRAJ) CEO Getting Paid?

Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Jan 02
Nitiraj Engineers Limited's (NSE:NITIRAJ) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares

Dec 07
Insider Buying: The Nitiraj Engineers Limited (NSE:NITIRAJ) Chairman & MD Just Bought ₹1.7m Worth Of Shares

Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay

Nov 24
Here's What We Think About Nitiraj Engineers' (NSE:NITIRAJ) CEO Pay

CEO Compensation Analysis

How has Rajesh Bhatwal's remuneration changed compared to Nitiraj Engineers's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹79m

Jun 30 2024n/an/a

₹95m

Mar 31 2024₹4m₹2m

₹120m

Dec 31 2023n/an/a

₹46m

Sep 30 2023n/an/a

₹28m

Jun 30 2023n/an/a

₹9m

Mar 31 2023₹4m₹2m

-₹2m

Dec 31 2022n/an/a

-₹33m

Sep 30 2022n/an/a

-₹36m

Jun 30 2022n/an/a

-₹34m

Mar 31 2022₹4m₹2m

-₹35m

Dec 31 2021n/an/a

₹2m

Sep 30 2021n/an/a

₹29m

Jun 30 2021n/an/a

₹36m

Mar 31 2021₹4m₹2m

₹35m

Dec 31 2020n/an/a

₹35m

Sep 30 2020n/an/a

₹14m

Jun 30 2020n/an/a

₹13m

Mar 31 2020₹4m₹2m

₹24m

Dec 31 2019n/an/a

₹44m

Sep 30 2019n/an/a

₹65m

Jun 30 2019n/an/a

₹62m

Mar 31 2019₹4m₹2m

₹60m

Mar 31 2018₹5m₹3m

₹30m

Compensation vs Market: Rajesh's total compensation ($USD49.63K) is about average for companies of similar size in the Indian market ($USD41.56K).

Compensation vs Earnings: Rajesh's compensation has been consistent with company performance over the past year.

CEO

Rajesh Bhatwal (60 yo)

9.3yrs

Tenure

₹4,300,000

Compensation

Mr. Rajesh Raghunath Bhatwal has been Managing Director at Nitiraj Engineers Limited since September 30, 2015 and is its Chief Executive Officer and also has been its Chairman. He has an experience in the...

Leadership Team

NamePositionTenureCompensationOwnership
Rajesh Bhatwal
Chairman9.3yrs₹4.30m45.67%
₹ 1.0b
Deepika Dalmiya
Company Secretary & Compliance Officer5.3yrs₹308.00kno data
Shakuntala Bhatwal
Whole-Time Executive Woman Directorno data₹2.39m23.37%
₹ 533.9m
Hung Sin Huanyi
Whole-Time Directorno data₹1.25m8.12%
₹ 185.5m
Gajendra Deshmukh
Whole-Time Executive Directorno data₹350.00kno data
Ashishkumar Sharma
Chief Financial Officerless than a yearno datano data
Ajay Bhatwal
General Manager of Marketingno data₹2.81mno data

5.3yrs

Average Tenure

58yo

Average Age

Experienced Management: NITIRAJ's management team is seasoned and experienced (5.3 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Rajesh Bhatwal
Chairman25.8yrs₹4.30m45.67%
₹ 1.0b
Shakuntala Bhatwal
Whole-Time Executive Woman Director25.8yrs₹2.39m23.37%
₹ 533.9m
Hung Sin Huanyi
Whole-Time Director21.5yrs₹1.25m8.12%
₹ 185.5m
Gajendra Deshmukh
Whole-Time Executive Directorless than a year₹350.00kno data
Pradeep Shah
Independent Director Non-Executive Directorless than a yearno datano data
Deepam Shah
Independent Non-Executive Director3.1yrsno datano data
Pranit Bangad
Independent Non-Executive Director3.1yrsno datano data

3.1yrs

Average Tenure

59yo

Average Age

Experienced Board: NITIRAJ's board of directors are considered experienced (3.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 13:36
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution