Nitiraj Engineers Limited

Nitiraj Engineers Limited (NITIRAJ) is a micro-cap Consumer Durables company valued at ₹209 crore operating in Consumer Electronics on the NSE and BSE.

Recent price move

Nitiraj Engineers Limited last traded at ₹203.1, down 3.06% on the day.

Recent developments

On 2026-06-30, the company reported a net profit of ₹1 crore for the latest quarter, marking a swing from a net loss of ₹0 crore in the same quarter a year earlier. The company also reported revenue of ₹19 crore for the latest quarter, up 78.7% from ₹11 crore in the same quarter a year earlier.

Financial performance

The company's annual revenue fell 39.3% year-over-year, while the latest quarter revenue rose 78.7% compared to the same quarter a year earlier. Annual net profit dropped 78.1% year-over-year, but the latest quarter net profit swung from a loss to a profit. Net profit margin fell 4.0 percentage points to 2.3%, and return on equity remains low at 1.3%.

Valuation multiples

The stock trades at 197.2 times earnings, 2.88 times book value. It yields 0.7%.

Things to watch

The company's net profit margin fell 4.0 percentage points to 2.3%, and return on equity remains low at 1.3%. The stock is 16.6% below its 52-week high.

Where it stands

The company's latest quarter net profit swung from a loss to a profit, while annual net profit fell 78.1%. The stock is 16.6% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.