Is Nitiraj Engineers a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nitiraj Engineers Ltd is a below average quality company .

Is Nitiraj Engineers undervalued or overvalued?

The key valuation ratios of Nitiraj Engineers Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Nitiraj Engineers share price return in the past 10 years?

Data is not available for this company

Is Nitiraj Engineers a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nitiraj Engineers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Nitiraj Engineers Ltd - Stock Valuation and Financial Performance

Name: Nitiraj Engineers
Brand: Nitiraj Engineers

BSE: 0 | NSE: NITIRAJ | Engineering - Industrial Equipments | Small Cap

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BSE Share Price
Not Listed

10 Year X-Ray of Nitiraj Engineers:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	21.5%	22.6%	15%	7.3%	13.5%	5.7%	7.2%	-5.5%	0.2%	21.3%	-
Value Creation Index ⓘ	0.5	0.6	0.1	-0.5	0.0	-0.6	-0.5	-1.4	-1.0	0.5	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	43.5	56.4	53.5	38.8	53.9	47.9	53.4	39.6	46.1	100	90
Sales YoY Gr.	-	29.6%	-5.1%	-27.4%	38.8%	-11.1%	11.5%	-25.8%	16.3%	118%	-
Adj EPS ⓘ	33.5	7.3	4.5	3	6	1.9	3.5	-1.2	-0.2	11.6	7.7
YoY Gr.	-	-78.1%	-38.8%	-33%	98%	-68.1%	86.3%	-133.6%	NA	NA	-
BVPS (₹) ⓘ	224.4	44.6	56.2	59.3	65.3	67.8	69.9	66.6	65.9	77.7	76.1
Adj Net Profit ⓘ	4.2	5.5	4.6	3.1	6.1	1.9	3.6	-1.2	-0.2	11.9	8
Cash Flow from Ops. ⓘ	-2.9	-2.6	-5	-2.8	15.9	9.9	1.5	1.5	0.7	17.9	-
Debt/CF from Ops. ⓘ	-0.7	-2.8	0	0	0	0.5	0	2.6	4.2	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.7%	13.3%	23.4%	118%
Adj EPS ⓘ	-11.1%	14.3%	48.5%	NA
BVPSⓘ	-11.1%	3.6%	3.6%	17.9%
Share Price	-	25.3%	66.3%	82%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	16.1	17.9	10.1	5.2	9.6	2.9	5.1	-1.7	-0.4	16.2	10.1
Op. Profit Mgn % ⓘ	14.1	15.2	14.9	9.7	16.2	7.5	15.2	4.5	7.7	18.3	14.4
Net Profit Mgn % ⓘ	9.6	9.8	8.6	7.9	11.3	4.1	6.8	-3.1	-0.5	11.8	8.8
Debt to Equity ⓘ	0.1	0.2	0	0	0	0.1	0	0.1	0	0	0
Working Cap Days ⓘ	172	189	160	233	223	295	245	329	304	150	94
Cash Conv. Cycle ⓘ	114	144	101	139	146	191	138	194	195	97	75

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 10.10%

Sales growth is growing at healthy rate in last 3 years 23.44%

Sales growth is good in last 4 quarters at 89.03%

No data to display

Latest Financials - Nitiraj Engineers Ltd.

	Standalone	Consolidated
TTM EPS (₹)	7.7	-0.2
TTM Sales (₹ Cr.)	89.7	46.1
BVPS (₹.) ⓘ	76.1	65.9
Reserves (₹ Cr.) ⓘ	68	57
P/BV ⓘ	2.83	3.27
PE ⓘ	27.86	0.00

From the Market
52 Week Low / High (₹)	0.00 / 0.00
All Time Low / High (₹)	- / -
Market Cap (₹ Cr.)	221
Equity (₹ Cr.)	10.3
Face Value (₹)	10
Industry PE ⓘ	57.7

Management X-Ray of Nitiraj Engineers:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Nitiraj Engineers

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Nitiraj Engineers

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	44	56	53	39	54	48	53	40	46	100
Operating Expenses ⓘ	37	48	46	35	45	44	45	38	43	82
Manufacturing Costs	4	6	4	3	5	5	5	4	4	6
Material Costs	22	27	26	20	27	26	29	22	25	58
Employee Cost	4	4	5	5	4	5	5	5	5	6
Other Costs ⓘ	8	11	11	6	10	9	7	7	8	12
Operating Profit ⓘ	6	9	8	4	9	4	8	2	4	18
Operating Profit Margin (%)	14.1%	15.2%	14.9%	9.7%	16.1%	7.5%	15.2%	4.5%	7.7%	18.3%
Other Income ⓘ	0	0	0	2	1	2	0	1	0	1
Interest ⓘ	0	1	1	0	0	0	0	0	0	0
Depreciation ⓘ	1	1	1	2	1	1	3	3	4	3
Exceptional Items ⓘ	0	0	0	0	0	0	0	-3	0	0
Profit Before Tax ⓘ	6	7	7	4	8	4	5	-4	0	16
Tax ⓘ	1	2	2	1	2	1	1	-1	0	4
Profit After Tax	4	6	5	3	6	3	4	-3	0	12
PAT Margin (%)	9.6%	9.8%	8.6%	7.9%	11.3%	5.4%	6.8%	-8.5%	-0.8%	12.0%
Adjusted EPS (₹)	5.6	7.3	4.5	3.0	5.9	2.5	3.5	-3.3	-0.4	11.7
Dividend Payout Ratio (%)	0%	0%	5%	0%	0%	0%	0%	0%	0%	13%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	28	34	58	61	67	69	72	68	68	80
Share Capital ⓘ	1	6	8	8	8	10	10	10	10	10
Reserves ⓘ	27	28	49	53	59	59	61	58	57	69
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	2	7	0	0	0	5	0	4	3	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	2	7	0	0	0	5	0	4	3	0
Trade Payables	2	3	2	1	2	2	2	1	3	3
Others Liabilities ⓘ	5	6	6	2	4	3	6	4	6	8
Total Liabilities ⓘ	37	49	65	64	73	81	80	77	79	91
Fixed Assets
Gross Block	18	18	11	13	28	39	31	42	43	45
Accumulated Depreciation	5	6	0	0	1	1	3	5	9	12
Net Fixed Assetsⓘ	12	12	11	13	27	38	28	36	33	32
CWIP ⓘ	0	0	0	0	0	0	11	2	2	2
Investmentsⓘ	0	1	22	25	2	2	2	2	1	12
Inventories	13	20	11	12	17	14	14	15	23	18
Trade Receivables	6	10	5	4	15	10	9	8	7	13
Cash Equivalents	1	1	8	1	2	5	2	1	1	3
Others Assetsⓘ	5	5	8	9	10	12	14	12	12	10
Total Assets ⓘ	37	49	65	64	73	81	80	77	79	91

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-3	-3	-5	-3	16	10	2	1	1	18
PBT ⓘ	6	7	5	4	8	4	5	-4	0	16
Adjustment ⓘ	1	1	0	2	2	1	4	7	4	3
Changes in Working Capital ⓘ	-7	-10	-10	-9	6	5	-7	0	-3	1
Tax Paid ⓘ	-2	-1	0	0	0	0	-1	-1	0	-2
Cash Flow From Investing Activity ⓘ	-2	-2	-3	-3	-16	-11	-4	-6	0	-13
Capex	-2	-1	-3	-3	-14	-9	-3	-4	-1	-2
Net Investments	0	-1	0	0	-1	-1	0	0	0	-10
Others ⓘ	0	0	0	0	0	0	-1	-2	1	0
Cash Flow From Financing Activityⓘ	1	4	15	0	0	5	0	3	-1	-3
Net Proceeds from Shares ⓘ	0	0	22	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	0	-1	0	0	0	0	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	2	5	-7	0	0	5	0	3	-1	-3
Net Cash Flow ⓘ	-3	0	7	-6	0	4	-3	-1	0	2

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	16.12	17.89	10.11	5.19	9.5	3.79	5.15	-4.8	-0.55	16.35
ROCE (%)	21.52	22.61	14.98	7.26	13.46	5.72	7.17	-5.52	0.19	21.34
Asset Turnover Ratio	1.25	1.31	1.19	0.61	0.81	0.63	0.67	0.51	0.59	1.19
PAT to CFO Conversion(x)	-0.75	-0.5	-1	-1	2.67	3.33	0.5	N/A	N/A	1.5
Working Capital Days
Receivable Days	55	54	43	44	64	95	63	78	58	35
Inventory Days	82	106	84	110	98	120	95	133	152	75
Payable Days	37	28	31	26	25	34	30	28	26	16

Nitiraj Engineers Ltd Stock News

Nitiraj Engineers Ltd FAQs

What is the share price of Nitiraj Engineers?

Company share prices are keep on changing according to the market conditions. The closing price of Nitiraj Engineers on 01-Jan-1970 05:30 is ₹0.00.

What is the market cap of Nitiraj Engineers?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Nitiraj Engineers stood at ₹220.9.