Debut Plus

₹217.85

▲ +4.81 +2.26%

18 Jul 2026

NSE Listed

Nitiraj Engineers Ltd. (NITIRAJ)

Volume: 20,420Avg Vol 1W: 13,528.8Avg Vol 1M: 5,122.752W Range:₹168₹236.98
NSE BSE www.nitiraj.net
Key Ratios
Checked 1h ago
Market Cap₹213 Cr
Current Price₹217.85
Previous Close₹213.04
High / Low (52w)₹236.98 / ₹168
Volume20,420
Avg Vol (1W)13,528.8
Avg Vol (1M)5,122.7
Stock P/E—
Book Value₹65.93
Dividend Yield72%
ROE-34%
ROA-27.6%
Revenue (TTM)₹77 Cr
Revenue Growth16.3%
Profit Margin-47.7%
Total Debt₹0 Cr
Shares Outstanding1 Cr
Face Value₹10
EPS (TTM)₹0
P/B3.15
Debt / Equity0.05
50 DMA₹190.39
200 DMA₹195.07
Day change+2.26%
Price Chart
₹217.85▲ 1.37% · 1Y
₹223₹1721.7L
2025-07-18
2026-07-17

20-day avg volume: 5K shares

Pros
  • Pays a dividend yield of 72.0%.
  • Company is almost debt-free.
Cons
  • Revenue fell 25% YoY.
Quarterly Results
MetricJun 2021Sept 2021Dec 2021Mar 2022Jun 2022Sept 2022Dec 2022Mar 2023
Revenue₹5 Cr₹9 Cr₹12 Cr₹14 Cr₹8 Cr₹16 Cr₹11 Cr₹11 Cr
EBITDA₹0 Cr₹0 Cr₹0 Cr₹-1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Net Profit₹0 Cr₹0 Cr₹0 Cr₹-3 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
EPS————————
Profit & Loss (Annual)
MetricMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Revenue₹57 Cr₹54 Cr₹41 Cr₹55 Cr₹50 Cr₹54 Cr₹40 Cr₹47 Cr
EBITDA₹8 Cr₹7 Cr₹4 Cr₹9 Cr₹4 Cr₹5 Cr₹-1 Cr₹0 Cr
Net Profit₹5 Cr₹5 Cr₹3 Cr₹6 Cr₹2 Cr₹4 Cr₹-4 Cr₹0 Cr
EPS8.935.613.717.342.353.45-3.44-0.22
Balance Sheet
MetricMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Total Assets₹45 Cr₹65 Cr₹64 Cr₹73 Cr₹78 Cr₹79 Cr₹77 Cr₹80 Cr
Total Liabilities₹14 Cr₹8 Cr₹3 Cr₹6 Cr₹9 Cr₹8 Cr₹10 Cr₹12 Cr
Equity₹32 Cr₹58 Cr₹61 Cr₹67 Cr₹69 Cr₹71 Cr₹68 Cr₹68 Cr
Total Debt————————
Cash Flow
MetricMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Operating₹-4 Cr₹-5 Cr₹-3 Cr₹16 Cr₹10 Cr₹2 Cr₹3 Cr₹1 Cr
Investing₹-1 Cr₹-3 Cr₹-3 Cr₹-16 Cr₹-11 Cr₹-4 Cr₹-6 Cr₹0 Cr
Financing₹5 Cr₹15 Cr₹0 Cr₹0 Cr₹5 Cr₹0 Cr₹3 Cr₹-1 Cr
Free Cash Flow₹-4 Cr₹-5 Cr₹-3 Cr₹16 Cr₹10 Cr₹2 Cr₹3 Cr₹1 Cr
Shareholding
Promoter 69.07% Institutions 0% Public 30.93%
Efficiency & Working Capital
ROCE0.4%
Interest Coverage0.9
Dividend Payout—
Debtor Days52 d
Inventory Days183 d
Payable Days21 d
Cash Conversion Cycle214 d
Working Capital Days235 d
Shareholding Details

As of 2026-03-31

Promoter69.1%
FII0%
DII0%
Institutions0%
Public30.9%
Promoter Pledge0%
No. of Shareholders3,545
Shareholding Pattern

Quarterly — figures in %. Latest 12 quarters.

PeriodJun 2023Sept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026
Promoters69.1%69.1%69.1%69.1%69.1%69.1%69.1%69.1%69.1%69.1%69.1%69.1%
FIIs0%0%0%0%0%0%0%0.1%0%0%0%0%
DIIs0%0%0%0%0%0%0%0%0%0%0%0%
Public30.9%30.9%30.9%30.9%30.9%30.9%30.9%30.9%30.9%30.9%30.9%30.9%
Promoter Pledge0%0%0%0%0%0%0%0%0%0%0%0%
No. of Shareholders1,6471,4301,7871,9612,0622,8433,4284,5714,3564,2584,0133,545
Returns History (ROE / ROCE / ROA)
PeriodROEROCEROAP/E
202503————
Major Shareholders (>1%)
NameCategoryStakeShares
Rajesh Raghunath BhatwalShareholding of Promoter and Promoter Group44.9%46,03,875
Shakuntala Rajesh BhatwalShareholding of Promoter and Promoter Group23.4%23,95,500
Yi Hung SinPublic Shareholding8%8,18,000
Atish KumarPublic Shareholding2.5%2,60,026
Suresh Champalal Kakaria HufPublic Shareholding2.2%2,26,478
Priya Aashish KakariaPublic Shareholding1.4%1,46,821
Meerabai Raghunath BhatwalShareholding of Promoter and Promoter Group0.6%62,375
Prachi Rajesh BhatwalShareholding of Promoter and Promoter Group0.2%15,125
Deepa KhatriShareholding of Promoter and Promoter Group0%3,125
Alok Raghunath BhatwalShareholding of Promoter and Promoter Group0%0
Promoter Pledges
HolderPledged Shares% of HoldingAs of
Rajesh Raghunath Bhatwal00%2026-03-31
Meerabai Raghunath Bhatwal00%2026-03-31
Shakuntala Rajesh Bhatwal00%2026-03-31
Deepa Khatri00%2026-03-31
Prachi Rajesh Bhatwal00%2026-03-31
Alok Raghunath Bhatwal00%2026-03-31
Yi Hung Sin00%2026-03-31
Priya Aashish Kakaria00%2026-03-31
Atish Kumar00%2026-03-31
Suresh Champalal Kakaria Huf00%2026-03-31
Rajesh Raghunath Bhatwal00%2025-12-31
Meerabai Raghunath Bhatwal00%2025-12-31
Board of Directors
NameDesignationYear
Rajesh Raghunath BhatwalChairman / Executive Director / MD / CEO2025
Shakuntala Rajesh BhatwalE D & Wholetime Director2025
Yi Hung SinE D & Wholetime Director2025
Gajendra Sharadchandra DeshmukhE D & Wholetime Director2025
Deepam Pradeep ShahIndependent Non Exe. Director2025
Pranit Anil BangadIndependent Non Exe. Director2025
PRADEEP CHANDRAKANT SHAHIndependent Non Exe. Director2025
Anil Nandikishor BangadIndependent Non Exe. Director2025
Deepika Amit DalmiyaCompany Sec. & Compli. Officer2025
Segments — Product
SegmentRevenueShare
Manufacturing and selling of electr₹0 Cr—
Segments — Geography
RegionRevenueShare
India₹76 Cr99.8%
Outside India₹0 Cr0.2%
Capital Structure (₹ Cr)
YearFace ValueAuthorisedIssuedPaid-up
2025₹10111010
Corporate Actions
TypeDateValueRemark
dividend2025-09-16₹1.5 (15%)Final
Related-Party Transactions (₹ Cr)
YearSubsidiariesAssociatesJVKMPOthersTotal
2025000101
2025000000
2025000101
Company Information
Incorporated1999
ChairmanRajesh Raghunath Bhatwal
AuditorSharp Aarth & Co LLP
Investor Email[email protected]
🌐 www.nitiraj.net ↗

📍 306A Bhabha Building N M Joshi, Marg Delisle Road, Mumbai, Maharashtra, 400011

Technical AnalysisPremium

Technical analysis (Premium)

Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.

Log inSign up free

More stocks

Niraj Cement Struc Ltd.Niraj Ispat Ind Ltd.Nirlon Ltd.Nirman Agri Gentics Ltd.Nitco LimitedNitin Spinners LimitedNitta Gelatin India Ltd.Niva Bupa Health Ins Co LimitedNK Industries Ltd.NLC India LimitedNMDC Ltd.Newmalayalam Steel Ltd.All “N” stocks →

Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search