Nitiraj Engineers share price & results
- Jun 2026
- Jun 2026
Dhule-based (Maharashtra) manufacturer of PHOENIX-brand electronic weighing scales, currency counting machines, and home/hotel security & automation products, now expanding into agricultural drones.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 18.8 | +78.7% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 10.4 | +10.2 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 1.0 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | +0.3 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | +8.5 pts | Fiscal year | FY · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Revenue growth (YoY) | +42.1 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance +0.7% 1Y
1Y: ₹196.5 on 24 Oct 2025 → ₹197.97. High ₹234.07 (17 Sept 2026), low ₹171.85 (9 Jun 2026).
- Previous close
- ₹190.25
- Market cap
- ₹207 Cr
- 52-week range
- ₹171.85 – ₹234.07
- One year
- +4.20%
Overview
- Symbol
- NSE:NITIRAJ
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Nitiraj Engineers Limited does
Based on the company's own presentations, annual report and earnings calls.
Nitiraj Engineers manufactures electronic weighing scales and systems under its PHOENIX brand, spanning milligram-accuracy jewellery scales, tabletop and platform scales, crane scales and up to 100-tonne weighbridges, sold to jewellers, retailers, hospitals, banks, post offices and government departments. It also makes currency counting and counterfeit-note detection machines, and home/hotel security & automation products such as access-control systems, video/audio door phones and RFID locks. The company has more recently ventured into drone manufacturing for agricultural spraying and has been authorised by the DGCA as a Remote Pilot Training Organization. Manufacturing is based out of a company-owned facility in Dhule, Maharashtra, supported by branch offices and a dealer network across India plus exports to a small set of countries.
Segments
- Electronic Weighing Scales & Systems
- Currency Counting Machines
- Security & Automation Products
- Health Measurement Products
- Digital Fare Meters
- Drone Manufacturing
- Manufacturing facility
- Dhule, Maharashtra — 8-acre site, 4 buildings; ~50,000 sq ft added in recent expansion
- Production capacity
- 3,000 machines/day
- Annual scale production
- 100,000+ scales/year
- Capacity utilisation
- ~50%
- Branch offices
- 20 (Maharashtra, Odisha, Chhattisgarh)
- Dealer network
- 400+ across India
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2018 to Mar 2023).
Financials
What the filings say
Net profit, year on year: +419% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 13 | 37 | 23 | 11 | 16 | 11 | 8 | 19 |
| Expenses | 12 | 27 | 22 | 11 | 14 | 10 | 8 | 17 |
| Operating profit | 1 | 10 | 1 | 0 | 3 | 1 | -0 | 2 |
| Operating margin | 5.6% | 25.9% | 3.3% | 0.2% | 16.5% | 9.8% | −3.7% | 10.4% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 0 | 9 | 0 | -0 | 2 | 1 | -1 | 1 |
| Tax rate | 50.0% | 25.2% | 155.6% | −25.6% | 25.4% | 23.1% | −25.9% | 26.6% |
| Net profit | 0 | 7 | -0 | -0 | 2 | 0 | -1 | 1 |
| EPS (₹ per share) | 0.02 | 6.35 | -0.06 | -0.31 | 1.59 | 0.38 | -0.62 | 1 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 46 | 100 | 77 | 46 |
| Expenses | 43 | 82 | 67 | 43 |
| Operating profit | 4 | 18 | 9 | 4 |
| Other income | 0 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 3 | 4 | 4 |
| Profit before tax | -0 | 16 | 7 | 1 |
| Net profit | -0 | 12 | 5 | 1 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 58 | 57 | 69 | 73 | 74 | 72 |
| Borrowings | 4 | 3 | 0 | 0 | 0 | 0 |
| Other liabilities | 6 | 9 | 11 | 10 | 10 | 11 |
| Total liabilities | 78 | 80 | 91 | 93 | 94 | 93 |
| Fixed assets | 36 | 34 | 33 | 35 | 41 | 37 |
| Capital work in progress | 2 | 2 | 2 | 2 | 0 | 2 |
| Investments | 2 | 1 | 12 | 19 | 4 | 8 |
| Other assets | 37 | 43 | 44 | 37 | 49 | 46 |
| Total assets | 78 | 80 | 91 | 93 | 94 | 93 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 2 | 1 | 1 | 18 | 14 | -3 |
| Cash from investing | -4 | -6 | 1 | -13 | -12 | 6 |
| Cash from financing | -0 | 3 | -1 | -3 | -2 | -2 |
| Net cash flow | -3 | -1 | 0 | 2 | -0 | 1 |
| Free cash flow | -2 | -3 | -0 | 16 | 8 | -9 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 60 | 76 | 52 | 46 | 32 | 37 |
| Inventory days | 175 | 260 | 341 | 113 | 162 | 425 |
| Days payable | 30 | 17 | 38 | 16 | 20 | 42 |
| Cash conversion cycle | 206 | 319 | 354 | 143 | 174 | 420 |
| Working capital days | 171 | 206 | 182 | 90 | 95 | 221 |
| Return on capital employed | 7.1% | −1.2% | 0.5% | 21.0% | 8.0% | 1.2% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 12.8% | 31.8% | 0.0% |
Ownership
Who owns it
Promoters hold 69.07% as of Jun 2026; institutions added 0.00 pts since Mar 2026.
- Promoters 69.07%
- Foreign institutions 0.00%
- Public 30.93%
Who is on the register
Named in the Jun 2026 filing
Every holder of Nitiraj Engineers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| 44.91% | unchanged | |
| 23.37% | unchanged | |
| 7.98% | unchanged | |
| 2.54% | unchanged | |
| 2.21% | unchanged | |
| 1.43% | unchanged | |
| 0.61% | unchanged | |
| 0.15% | unchanged | |
| 0.03% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Your own record
Start an Inve Case for Nitiraj Engineers Limited
Free account: one company. Everything above stays public.
Write why you follow Nitiraj Engineers Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other Consumer Durables companies
Learn to analyse Nitiraj Engineers Limited
Guides on how to read this kind of business and the numbers that matter.