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    Nitiraj Engineers Limited

    Dhule-based (Maharashtra) manufacturer of PHOENIX-brand electronic weighing scales, currency counting machines, and home/hotel security & automation products, now expanding into agricultural drones.

    Consumer Durables
    Consumer Discretionary

    Overview

    Price

    Market Cap

    ₹225 Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010101010101010
    Reserves5961585769737472
    Borrowings51430000
    Other Liabilities476911101011
    Total Liabilities7980788091939493
    AssetsFixed Assets3328363433354139
    CWIP411222200
    Investments2221121948
    Other Assets3938374344374946
    Total Assets7980788091939493

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating16102111814-3
    Cash from Investing-16-11-4-61-13-126
    Cash from Financing-05-03-1-3-2-2
    SummaryCapital Expenditure
    Free Cash Flow20-2-3-0168-9
    FCF Margin

    Valuation

    Cyclical, with too little history

    This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.

    NITIRAJ · CYCLICAL_UNMODELABLE

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