Nitiraj Engineers Ltd.

NSE: NITIRAJ SECTOR: Engineering - Industrial Equipments  2912   3   0

70.50
+11.00 (18.49%)
NSE: 26 Nov 03:58 PM

Price Summary

Today's High

₹ 71.4

Today's Low

₹ 64

52 Week High

₹ 66

52 Week Low

₹ 38.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

72.27 Cr.

Enterprise Value

72.4 Cr.

No. of Shares

1.03 Cr.

P/E

19.88

P/B

1.05

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  67.33

CASH

5.22 Cr.

DEBT

5.35 Cr.

Promoter Holding

69.07 %

EPS (TTM)

₹  3.55

Sales Growth

-11.14%

ROE

3.79 %

ROCE

5.72%

Profit Growth

-57.39 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Index Presence

The company is present in 1 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-11.14%
3 Year-3.63%
5 Year1.93%

Profit Growth

1 Year-57.39%
3 Year-17.48%
5 Year-9.17%

ROE%

1 Year3.79%
3 Year6.16%
5 Year9.3%

ROCE %

1 Year5.72%
3 Year8.81%
5 Year12.81%

Debt/Equity

0.077

Price to Cash Flow

7.3

Interest Cover Ratio

9.0836795918084

CFO/PAT (5 Yr. Avg.)

0.707508597466364

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2021 69.07 0
Jun 2021 69.07 0
Sep 2020 68.06 0
Mar 2020 68.06 0
Sep 2019 67.82 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 9.0836795918084.
  • Company has a healthy liquidity position with current ratio of 2.95168925823642.
  • The company has a high promoter holding of 69.07%.

 Limitations

  • The company has shown a poor profit growth of -17.4838860236348% for the Past 3 years.
  • The company has shown a poor revenue growth of -3.62665647366801% for the Past 3 years.
  • Company has a poor ROE of 6.16310940941969% over the past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2021 Sep 2021
Net Sales 4.99 8.78
Total Expenditure 4.66 8.07
Operating Profit 0.33 0.71
Other Income 0.06 0.18
Interest 0.08 0.14
Depreciation 0.72 0.75
Exceptional Items 0 0
Profit Before Tax -0.41 -0.01
Tax -0.02 0.05
Profit After Tax -0.4 -0.05
Adjusted EPS (Rs) -0.39 -0.05

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 56.39 53.49 38.83 53.88 47.88
Total Expenditure 47.81 45.54 35.06 45.22 44.28
Operating Profit 8.59 7.95 3.77 8.66 3.6
Other Income 0.15 0.31 2.27 1.19 1.88
Interest 0.75 0.51 0.05 0.11 0.45
Depreciation 0.74 0.9 1.75 1.26 1.42
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.25 6.85 4.24 8.48 3.61
Tax 1.75 2.25 1.17 2.41 1.02
Net Profit 5.5 4.6 3.07 6.07 2.59
Adjusted EPS (Rs.) 7.34 4.49 3 5.92 2.52

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 6 8.2 8.2 8.2 10.25
Total Reserves 27.56 49.42 52.61 58.68 59.22
Borrowings 0 0 0 0 0
Other N/C liabilities 1.34 0 0.29 0.19 0.43
Current liabilities 14.28 7.55 2.99 5.8 10.66
Total Liabilities 49.17 65.17 64.1 72.87 80.57
Assets
Net Block 12.26 10.8 12.5 26.8 37.53
Capital WIP 0.5 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 1.01 22.01 24.69 2.01 2.01
Loans & Advances 2.92 7.27 6.88 8.89 9.55
Other N/C Assets 0.09 0 0 0 0
Current Assets 32.4 25.09 20.03 35.17 31.47
Total Assets 49.17 65.17 64.1 72.87 80.57
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations 7.25 4.6 4.24 8.48 3.61
Adjustment 1.49 0.27 1.71 1.72 0.87
Changes in Assets & Liabilities -10.05 -9.83 -8.76 5.66 5.42
Tax Paid -1.24 0 0 0 0
Operating Cash Flow -2.55 -4.96 -2.8 15.86 9.9
Investing Cash Flow -1.8 -2.97 -3.33 -15.61 -10.9
Financing Cash Flow 4.42 14.82 0 -0.06 4.62
Net Cash Flow 0.07 6.9 -6.14 0.19 3.62

Corporate Actions

Investors Details

PARTICULARS Sep 2019% Mar 2020% Sep 2020% Jun 2021% Sep 2021%
Promoters 67.82 68.06 68.06 69.07 69.07
rajesh raghunath b... 41.17 41.06 40.84 40.84 40.84
shakuntala rajesh ... 22.15 22.15 22.15 22.15 22.15
alok raghunath bha... 2.93 2.93 2.93 2.93 2.93
meerabai raghunath... 0.61 0.61 0.61 0.61 0.61
deepa khatri 0.03 0.03 0.03 0.03 0.03
PARTICULARS Sep 2019% Mar 2020% Sep 2020% Jun 2021% Sep 2021%
Investors 32.18 31.94 31.94 30.93 30.93
yi hung sin 7.89 7.89 7.32 7.67 7.89
arihant capital mk... 3.35 2.81 - - 2.46
alacrity securitie... 2.79 2.74 - - 2.75
devhari exports in... 1.46 1.46 - - 1.46

Annual Reports

Ratings & Research Reports

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Company Presentations

Company News

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Nitiraj Engineers Stock Price Analysis and Quick Research Report. Is Nitiraj Engineers an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a Low P/E are undervalued (it depends on other factors too). Nitiraj Engineers has a PE ratio of 19.8759515083169 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Nitiraj Engineers has ROA of 3.37080403643142 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Nitiraj Engineers has a Current ratio of 2.95168925823642 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Nitiraj Engineers has a ROE of 3.79322859964177 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Nitiraj Engineers has a D/E ratio of 0.077 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Nitiraj Engineers has an Inventory turnover ratio of 3.05412328082227 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Nitiraj Engineers has reported revenue growth of -11.1400689056652 % which is poor in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Nitiraj Engineers for the current financial year is 7.52114337672522 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Nitiraj Engineers is Rs 0 and the yield is 0 %.

Brief about Nitiraj Engineers

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