Nitiraj Engineers logo

Nitiraj Engineers share price

NSE: NITIRAJElectrical EquipmentSmall Cap

Nitiraj Engineers Limited · Face value ₹10 · Listed Mar 2017 · Issue price ₹45.45
Last close ₹190.98down ₹6.99 (3.53%)

Share price at the NSE close on 28 Oct 2026. Previous close ₹197.97.

28 Oct: open ₹201.89, high ₹201.89, low ₹186.11

52-week range of traded prices to 28 Oct 2026
₹168.00Low, 1 Jun 2026₹241.00High, 4 Sep 2026
Market cap
₹196 Cr2,399th largest listed
P/E
81.32
P/B
2.38
Dividend yield
Nonein the last 12 months
ROE
2.9%
ROCE
2.3%
Debt to equity
0.00
Volume, NSE
80353.7% delivered

Nitiraj Engineers share price chart

Daily closes since Mar 2017, adjusted for splits and bonuses

+0.2%over a year · Nifty 500 −8.8%

Results20-session average 737 shares a day, 73.7% delivered

Results

Standalone, as consolidated accounts are on record for only 5 of the last ten years; ₹ crore.Nitiraj Engineers quarterly results

Revenue growth, 12 months
−33.9%
Net profit growth, 12 months
−60.9%

Quarter to Jun 2026, against the quarter before

Revenue
₹19 Crup 130.42%
Net profit
₹1.02 CrQuarter to Mar 2026: −₹0.64 Cr
Net margin
5.4%

Revenue by quarter

₹13 CrSep 24₹37 CrDec 24₹23 CrMar 25₹11 CrJun 25₹16 CrSep 25₹11 CrDec 25₹8.18 CrMar 26₹19 CrJun 26
Peak revenue ₹37 Cr, quarter to Dec 2024; lowest ₹8.18 Cr, quarter to Mar 2026

Net profit by quarter, a loss in red

  • Net profit
  • Loss
₹0.02 CrSep 24₹6.51 CrDec 24−₹0.06 CrMar 25−₹0.32 CrJun 25₹1.63 CrSep 25₹0.39 CrDec 25−₹0.64 CrMar 26₹1.02 CrJun 26
Back to profit in the quarter to Jun 2026, ₹1.02 CrA loss in 3 of the 8 quarters shown
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue12.637.122.610.516.411.38.218.8
Net profit0.06.5−0.1−0.31.60.4−0.61.0
Net margin0.2%17.6%−0.2%−3.1%9.9%3.5%−7.8%5.4%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Weighing Scale, which carries all its revenue.

Valuation

Today, against the company's own history.Nitiraj Engineers PE ratio and valuation

Price to earnings

At or below today's level on 75% of 676 trading days since Feb 2024.

LowestHighest
Its median32.73Industry median21.16
Price to book

At or below today's level on 38% of 896 trading days since Nov 2022.

LowestHighest
Its median2.51Industry median3.33
Dividend yield

At or below today's level on 60% of 1,239 trading days over the last 5 years.

LowestHighest
Its median0.00%Industry median0.24%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−24.5%−78.1%+245.2%0.0%
3 years+42.0%––0.5%
5 years+33.6%––0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Nitiraj Engineers shareholding pattern

Shareholding by group

  • Promoters69.28%
  • Individuals and others30.72%
Holder
RAJESH RAGHUNATH BHATWALPromoter45.12%
SHAKUNTALA RAJESH BHATWALPromoter23.37%
YI HUNG SINDirectors and their relatives7.98%
ATISH KUMARNon-resident Indians2.54%
SURESH CHAMPALAL KAKARIA HUFOther non-institutions2.21%
PRIYA AASHISH KAKARIAResident individuals, over ₹2 lakh at face value1.43%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Since Jun 2026: promoters +0.21 pts.

Promoter and insider buying and selling

Trades made since 28 Oct 2025.Nitiraj Engineers insider trading

Bought on the market Sold on the market
  • Directors and key managers4 purchases, 0 sales₹0.00 CrNo saleNet₹0.00 Cr
  • Promoters and promoter group: no market trade
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Nitiraj Engineers competitors and peers

Other Electrical Equipment, 84 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Nitiraj Engineers in market cap.Capital goods stocks

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kaycee Industries logoKaycee IndustriesKAYCEEI24157.997.23––13.2%19.1%0.26%
Citizen Solar logoCitizen SolarCITIZEN233––+4,018.4%–––0.00%
RMC Switchgears logoRMC SwitchgearsRMC199––––––0.00%
Lakshmi Electrical Control Systems logoLakshmi Electrical Control SystemsLAKSELEC198174.720.78+17.7%−64.7%0.4%−1.0%0.37%
Power & Instrumentation (Gujarat) logoPower & Instrumentation (Gujarat)PIGL19012.831.24+22.6%+18.3%11.2%12.8%0.00%
Himalayan SolarHIMALAYAN177––––––0.00%
Sahaj Solar logoSahaj SolarSAHAJSOLAR1675.651.21+27.1%+7.4%24.0%–0.00%
Eppeltone Engineers logoEppeltone EngineersEEPL16513.311.82––13.6%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Nitiraj Engineers dividend history

Dividend per share, ₹, restated for later splits and bonuses

Mar 17Mar 18Mar 19Mar 20Mar 21Mar 22Mar 231.5Mar 241.5Mar 25Mar 26
Highest ₹1.50 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
16 Sep 2025Final₹1.50
17 Sep 2024Final₹1.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Nitiraj Engineers announcements

Nitiraj Engineers share price by year

Each calendar year to 2025.Nitiraj Engineers share price history

YearClose at year endChangeHighest closeLowest close
2025186.83−17.7%401.55180.11
2024226.99+90.9%298.00118.40
2023118.90+55.8%144.6567.25
202276.30−2.1%93.8557.10
202177.95+35.3%80.9039.50
202057.60−16.5%67.9547.95
201969.00+76.0%82.4029.60
201839.20−43.0%67.9238.40
201768.76–75.6048.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2019 is from its first session, 22 Jan 2019. 2017 is from its first session, 9 Mar 2017. The close is the year's last trade for 2019 (15 Nov 2019) and 2018 (13 Dec 2018).

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026194.09199.90187.24197.97194.8867477.2%
26 Oct 2026199.59213.30187.99190.25189.551,00456.3%
23 Oct 2026204.00204.00185.30195.65193.991,06079.0%
22 Oct 2026195.17205.00181.50200.97191.862,46850.9%
21 Oct 2026205.29210.00190.00197.14197.9848687.2%
19 Oct 2026205.99205.99199.00201.27202.8636499.5%
16 Oct 2026208.48208.48203.00203.51203.4753558.1%
15 Oct 2026210.00210.12203.00209.52206.4631084.2%
14 Oct 2026216.19216.19207.00210.12211.2132049.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
30 Sep 2019Bonus0.8000Holders received 1 bonus share for every 4 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson and managing director and CEO
RAJESH RAGHUNATH BHATWAL
At the end of the quarter to Jun 2026
NSE symbol
NITIRAJ
ISIN
INE439T01012
Industry
Electrical Equipment