Nitiraj Engineers Limited Logo

Nitiraj Engineers Limited

NITIRAJ.NS

(1.5)
Stock Price

209,94 INR

11.11% ROA

13.24% ROE

26.15x PER

Market Cap.

2.487.917.700,00 INR

0.29% DER

0.62% Yield

10.23% NPM

Nitiraj Engineers Limited Stock Analysis

Nitiraj Engineers Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Nitiraj Engineers Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (6%), which means it has a small amount of debt compared to the ownership it holds

2 PBV

The stock's PBV ratio (1.67x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 Revenue Growth

Over the past three years, this company's revenue has consistently grown, demonstrating a positive financial trend that makes it an appealing choice.

4 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

5 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (10.002), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

6 ROE

Negative ROE (-3.12%) indicates poor financial performance, raising concerns about profitability and efficiency in utilizing shareholders' equity.

7 ROA

The stock's ROA (-3%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

8 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

9 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

Nitiraj Engineers Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Nitiraj Engineers Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Nitiraj Engineers Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Nitiraj Engineers Limited Revenue
Year Revenue Growth
2011 289.325.000
2012 285.872.000 -1.21%
2013 410.159.000 30.3%
2014 435.138.000 5.74%
2015 563.945.000 22.84%
2016 534.925.476 -5.42%
2017 389.360.453 -37.39%
2018 538.837.843 27.74%
2019 478.637.221 -12.58%
2020 538.214.657 11.07%
2021 396.263.000 -35.82%
2022 460.795.000 14%
2023 468.272.000 1.6%
2023 1.004.361.000 53.38%
2024 170.796.000 -488.05%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Nitiraj Engineers Limited Research and Development Expenses
Year Research and Development Expenses Growth
2011 0
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 19.630.000 100%
2022 1.020.999 -1822.63%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Nitiraj Engineers Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2011 6.099.000
2012 6.065.000 -0.56%
2013 4.718.000 -28.55%
2014 5.951.000 20.72%
2015 4.335.000 -37.28%
2016 3.949.478 -9.76%
2017 5.903.128 33.1%
2018 10.510.070 43.83%
2019 7.297.622 -44.02%
2020 5.338.520 -36.7%
2021 7.314.000 27.01%
2022 9.868.000 25.88%
2023 0 0%
2023 12.238.000 100%
2024 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Nitiraj Engineers Limited EBITDA
Year EBITDA Growth
2011 45.821.000
2012 25.975.000 -76.4%
2013 58.407.000 55.53%
2014 65.391.000 10.68%
2015 85.914.000 23.89%
2016 83.748.891 -2.59%
2017 62.187.836 -34.67%
2018 95.475.835 34.87%
2019 47.222.465 -102.18%
2020 85.689.225 44.89%
2021 21.712.000 -294.66%
2022 39.613.000 45.19%
2023 81.144.000 51.18%
2023 183.904.000 55.88%
2024 -65.227.996 381.94%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Nitiraj Engineers Limited Gross Profit
Year Gross Profit Growth
2011 128.078.000
2012 115.432.000 -10.96%
2013 172.210.000 32.97%
2014 188.157.000 8.48%
2015 249.061.000 24.45%
2016 236.334.170 -5.39%
2017 158.667.830 -48.95%
2018 225.928.956 29.77%
2019 172.118.132 -31.26%
2020 205.041.941 16.06%
2021 143.454.000 -42.93%
2022 213.356.000 32.76%
2023 217.364.000 1.84%
2023 325.203.000 33.16%
2024 25.636.000 -1168.54%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Nitiraj Engineers Limited Net Profit
Year Net Profit Growth
2011 28.428.000
2012 12.145.000 -134.07%
2013 38.901.000 68.78%
2014 41.840.000 7.02%
2015 55.021.000 23.96%
2016 46.029.970 -19.53%
2017 30.439.156 -51.22%
2018 60.164.514 49.41%
2019 24.111.267 -149.53%
2020 35.373.000 31.84%
2021 -35.274.000 200.28%
2022 -2.298.000 -1434.99%
2023 34.884.000 106.59%
2023 120.355.000 71.02%
2024 -65.924.000 282.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Nitiraj Engineers Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2011 3
2012 1 -100%
2013 4 66.67%
2014 4 25%
2015 7 42.86%
2016 4 -75%
2017 3 -100%
2018 6 60%
2019 2 -150%
2020 3 33.33%
2021 -3 200%
2022 0 0%
2023 3 100%
2023 12 72.73%
2024 -6 283.33%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Nitiraj Engineers Limited Free Cashflow
Year Free Cashflow Growth
2011 -2.333.000
2012 21.656.000 110.77%
2013 44.379.000 51.2%
2014 -46.923.000 194.58%
2015 -33.513.000 -40.01%
2016 -79.234.285 57.7%
2017 -63.136.799 -25.5%
2018 1.420.166 4545.73%
2019 -21.630.956 106.57%
2020 25.981.111 183.26%
2021 -38.589.000 167.33%
2022 -1.535.000 -2413.94%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Nitiraj Engineers Limited Operating Cashflow
Year Operating Cashflow Growth
2011 11.946.000
2012 26.122.000 54.27%
2013 56.885.000 54.08%
2014 -29.358.000 293.76%
2015 -25.494.000 -15.16%
2016 -49.566.314 48.57%
2017 -28.182.285 -75.88%
2018 157.956.894 117.84%
2019 98.961.579 -59.61%
2020 66.397.077 -49.05%
2021 14.531.000 -356.93%
2022 7.082.000 -105.18%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Nitiraj Engineers Limited Capital Expenditure
Year Capital Expenditure Growth
2011 14.279.000
2012 4.466.000 -219.73%
2013 12.506.000 64.29%
2014 17.565.000 28.8%
2015 8.019.000 -119.04%
2016 29.667.971 72.97%
2017 34.954.514 15.12%
2018 156.536.728 77.67%
2019 120.592.535 -29.81%
2020 40.415.966 -198.38%
2021 53.120.000 23.92%
2022 8.617.000 -516.46%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Nitiraj Engineers Limited Equity
Year Equity Growth
2011 187.666.000
2012 199.811.000 6.08%
2013 238.712.000 16.3%
2014 280.552.000 14.91%
2015 334.719.000 16.18%
2016 576.162.015 41.91%
2017 607.843.356 5.21%
2018 668.007.870 9.01%
2019 692.119.136 3.48%
2020 727.522.437 4.87%
2021 676.993.000 -7.46%
2022 675.799.000 -0.18%
2023 796.609.000 15.17%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Nitiraj Engineers Limited Assets
Year Assets Growth
2011 266.738.000
2012 272.989.000 2.29%
2013 326.990.000 16.51%
2014 370.564.000 11.76%
2015 490.892.000 24.51%
2016 651.698.978 24.68%
2017 640.662.437 -1.72%
2018 727.911.598 11.99%
2019 784.581.799 7.22%
2020 785.152.453 0.07%
2021 772.263.000 -1.67%
2022 798.245.000 3.25%
2023 905.181.000 11.81%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Nitiraj Engineers Limited Liabilities
Year Liabilities Growth
2011 79.072.000
2012 73.178.000 -8.05%
2013 88.278.000 17.11%
2014 90.012.000 1.93%
2015 156.173.000 42.36%
2016 75.536.963 -106.75%
2017 32.819.081 -130.16%
2018 59.903.728 45.21%
2019 92.462.663 35.21%
2020 57.630.016 -60.44%
2021 95.270.000 39.51%
2022 122.446.000 22.19%
2023 108.573.000 -12.78%

Nitiraj Engineers Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
90.72
Net Income per Share
9.28
Price to Earning Ratio
26.15x
Price To Sales Ratio
2.68x
POCF Ratio
49.23
PFCF Ratio
49.23
Price to Book Ratio
3.12
EV to Sales
2.65
EV Over EBITDA
16.35
EV to Operating CashFlow
48.71
EV to FreeCashFlow
48.71
Earnings Yield
0.04
FreeCashFlow Yield
0.02
Market Cap
2,49 Bil.
Enterprise Value
2,46 Bil.
Graham Number
127.4
Graham NetNet
21.53

Income Statement Metrics

Net Income per Share
9.28
Income Quality
0.42
ROE
0.13
Return On Assets
0.11
Return On Capital Employed
0.14
Net Income per EBT
0.76
EBT Per Ebit
1.08
Ebit per Revenue
0.13
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.34
Operating Profit Margin
0.13
Pretax Profit Margin
0.14
Net Profit Margin
0.1

Dividends

Dividend Yield
0.01
Dividend Yield %
0.62
Payout Ratio
0
Dividend Per Share
1.5

Operating Metrics

Operating Cashflow per Share
4.93
Free CashFlow per Share
4.93
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.11
Return on Tangible Assets
0.11
Days Sales Outstanding
50.87
Days Payables Outstanding
15.71
Days of Inventory on Hand
107.53
Receivables Turnover
7.18
Payables Turnover
23.23
Inventory Turnover
3.39
Capex per Share
0

Balance Sheet

Cash per Share
13,86
Book Value per Share
77,71
Tangible Book Value per Share
72.96
Shareholders Equity per Share
77.71
Interest Debt per Share
0.29
Debt to Equity
0
Debt to Assets
0
Net Debt to EBITDA
-0.18
Current Ratio
5.54
Tangible Asset Value
0,75 Bil.
Net Current Asset Value
0,37 Bil.
Invested Capital
731152000
Working Capital
0,39 Bil.
Intangibles to Total Assets
0.05
Average Receivables
0,06 Bil.
Average Payables
0,01 Bil.
Average Inventory
89951000
Debt to Market Cap
0

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Nitiraj Engineers Limited Dividends
Year Dividends Growth
2024 2

Nitiraj Engineers Limited Profile

About Nitiraj Engineers Limited

Nitiraj Engineers Limited engages in the manufacture and sale of various electronic weighing scales and systems, currency counting machines, and electronic fare meters for industrial and domestic consumption in India and internationally. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial weighing, baby weighing, person weighing, mother and child weighing, adult weighing, body mass index, and kitchen scales; and analytical weighing balance, special application indicators, currency counting machines, taxi and rickshaw fare meters, and home automation products. The company markets its products under the Phoenix brand name through a network of dealers to customers. Nitiraj Engineers Limited was incorporated in 1989 and is based in Dhule, India.

CEO
Mr. Rajesh Raghunath Bhatwal
Employee
321
Address
City Survey No. 496 A/3
Dhule, 424001

Nitiraj Engineers Limited Executives & BODs

Nitiraj Engineers Limited Executives & BODs
# Name Age
1 Mr. Gajendra Sharad Deshmukh
Whole-Time Executive Director
70
2 Ms. Shakuntala Rajesh Bhatwal
Whole-Time Executive Woman Director
70
3 Mr. Ajay Balkrishna Bhatwal
General Manager of Marketing
70
4 Mr. Ashishkumar G. Sharma
Chief Financial Officer
70
5 Mr. Rajesh Raghunath Bhatwal
Chairman, Chief Executive Officer & MD
70
6 Mr. Hung Sin Chung Huanyi
Whole-Time Director
70
7 Ms. Deepika Amit Dalmiya
Company Secretary & Compliance Officer
70

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