Nitiraj Engineers Ltd (NITIRAJ) — shareholding pattern, promoter holding, financials and share price
About Nitiraj Engineers Ltd (NITIRAJ)
Nitiraj Engineers Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as NITIRAJ and on the BSE under scrip code 538407. Its ISIN is INE439T01012.
Incorporated in 1989, Nitiraj Engineers Ltd manufactures and sells Electronic Weighing Scales, Currency Counting Machines, Taxi Fare Meters, etc. [1]
Nitiraj Engineers Ltd is a leading manufacturer of electronic weighing scales and systems, currency counting machines, and automation products.
The company achieved significant financial growth with YOY revenue increase of 82% and a remarkable 204% rise in PAT for Q3 FY25.
Listed peers in Other Electrical Equipment: Power & Instrumentation (Gujarat) Ltd, Goldstar Power Ltd, Lakshmi Electrical Control Systems Ltd, Jainik Power Cables Ltd, Rex Pipes & Cables Industries Ltd, Shivalic Power Control Ltd.
Valuation & Returns
10 Jul 2026At ₹182.85 a share on 10 Jul 2026, Nitiraj Engineers Ltd (NITIRAJ) was valued at a price-to-earnings ratio of -966.14x against an industry P/E of 52.37x and a price-to-book of 3.15x on a book value of ₹58.14 per share as of Mar 2023. Solomo computes return on equity of -0.33% and return on capital employed of 0.41% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2022 to Mar 2023.
- P/E
- -966.14x
- Industry P/E
- 52.37x
- P/B
- 3.15x
- EPS (TTM)
- ₹-0.19
- Book value / share
- ₹58.14
- ROE
- -0.33%
- ROCE
- 0.41%
- ROA
- -0.28%
- Debt / equity
- 0.05x
- Dividend yield
- 0.82%
- EBITDA margin
- 8.59%
- 52-week range
- ₹168 – ₹236.98
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2023In the year ended Mar 2023, Nitiraj Engineers Ltd (NITIRAJ) reported revenue of ₹46.08 crore, net profit of ₹-0.23 crore and earnings per share of ₹-0.22. That compares with revenue of ₹39.63 crore and net profit of ₹-3.53 crore in Mar 2022. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2023, revenue was ₹11.37 crore (consolidated).
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 53.88 | 47.86 | 53.4 | 39.63 | 46.08 |
| Net profit (₹ cr) | 6.02 | 2.41 | 3.54 | -3.53 | -0.23 |
| EPS (₹) | 5.84 | 2.35 | 3.45 | -3.44 | -0.22 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.45% | 9.83% | 24.53% | 16.28% |
| Profit growth | -1.14% | 13.31% | - | 93.48% |
| Stock price CAGR | - | 33% | 37% | -3% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 69.07% of Nitiraj Engineers Ltd (NITIRAJ) (unchanged from the previous quarter). Market capitalisation was ₹213 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2017.
Largest disclosed public shareholders in Jun 2026: YI HUNG SIN 7.98%, ATISH KUMAR 2.54%, SURESH CHAMPALAL KAKARIA HUF 2.21%, PRIYA AASHISH KAKARIA 1.43%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 69.07% | - | - | - | - |
| Mar 2026 | 69.07% | - | - | - | - |
| Dec 2025 | 69.07% | - | - | - | - |
| Sep 2025 | 69.07% | - | - | - | - |
| Jun 2025 | 69.07% | - | - | - | - |
| Mar 2025 | 69.07% | - | - | - | - |
| Dec 2024 | 69.07% | - | - | - | - |
| Sep 2024 | 69.07% | - | - | - | - |