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Nitiraj Engineers NITIRAJ.NS · INR

Information Technology · NSE · 🇮🇳 India

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188.42

+2.15%

Close of 9 Nov 2026, in INR

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹464.1m

FY2017FY2026

Net income

₹10.6m

FY2017FY2026

Free cash flow

−₹89.2m

FY2017FY2026

Shareholders' equity

₹823.4m

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹464.1m₹765.2m₹1.00bn₹460.8m₹396.3m₹534.0m₹478.6m₹538.8m₹389.4m₹534.9m
Research and development—₹1.0m₹1.0m₹1.0m₹19.6m—————
Operating income₹14.7m₹68.2m₹160.3m₹1.4m−₹41.3m₹51.8m₹27.0m₹85.4m₹20.4m₹75.6m
Net income₹10.6m₹48.3m₹120.4m−₹3.7m−₹35.3m₹35.4m₹24.1m₹60.2m₹30.4m₹46.0m
Diluted earnings per share1.034.7111.73-0.36-3.443.582.355.882.923.54

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹931.6m₹930.0m₹905.2m₹798.2m₹772.3m₹791.6m₹784.6m₹727.9m₹640.7m₹651.7m
Cash and short-term investments₹113.8m₹208.5m₹134.6m₹8.1m₹17.1m₹29.7m₹52.2m₹16.0m₹14.1m₹75.5m
Total liabilities₹108.3m₹101.9m₹108.6m₹122.4m₹95.3m₹78.7m₹92.5m₹59.9m₹32.8m₹75.5m
Debt₹233,000₹230,000₹2.3m₹31.9m₹39.8m₹6.2m₹57.6m₹53.5m−₹2.9m−₹29.1m
Shareholders' equity₹823.4m₹828.1m₹796.6m₹675.8m₹677.0m₹727.5m₹692.1m₹668.0m₹607.8m₹576.2m
Shares outstanding10m10m10m10m10m10m10m10m10m13m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations−₹34.2m₹142.0m₹178.7m₹7.1m₹14.5m₹15.4m₹99.0m₹158.0m−₹28.2m−₹49.6m
Capital spending−₹55.0m−₹62.7m−₹24.3m−₹8.6m−₹53.1m−₹40.4m−₹120.6m−₹156.5m−₹35.0m−₹29.7m
Free cash flow−₹89.2m₹79.3m₹154.4m−₹1.5m−₹38.6m−₹25.0m−₹21.6m₹1.4m−₹63.1m−₹79.2m
Dividends paid−₹15.4m−₹15.4m————————

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹188.4m₹81.8m₹113.1m₹163.9m₹105.4m₹226.1m₹370.8m₹125.6m
Operating income₹11.4m−₹12.1m₹1.9m₹22.1m₹39.3m₹1.8m₹87.8m₹426,000
Net income₹10.2m−₹6.4m₹3.9m₹16.3m−₹3.2m−₹555,000₹65.1m₹202,000
Diluted earnings per share1.00-0.620.381.59-0.32-0.056.350.02
Cash from operations———−₹81.0m—₹141.0m—−₹31.0m
Capital spending———−₹52.0m—−₹389.0m—−₹53.0m
Free cash flow———−₹133.0m—−₹248.0m—−₹84.0m
Total assets—₹931.6m—₹940.9m—₹930.0m—₹870.2m
Cash and short-term investments—₹113.8m₹81.1m₹96.2m₹199.9m₹208.5m₹51.4m₹59.7m
Debt———₹232,000—₹230,000—₹1.7m
Shareholders' equity—₹823.4m₹841.2m₹841.2m₹828.1m₹828.1m₹765.2m₹765.2m

Financial ratios

Data as of 31 Oct 2026

FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin3.2%8.9%16.0%-0.3%-10.0%9.5%—
Net margin2.3%6.3%12.0%-0.8%-8.9%6.6%—
Return on equity1.3%5.8%15.1%-0.5%-5.2%4.9%—
Return on assets1.1%5.2%13.3%-0.5%-4.6%4.5%—
Free cash flow yield1.0%10.1%10.0%0.8%3.3%2.9%—
Revenue growth-39.3%-23.8%118.0%16.3%-25.8%11.6%—
Earnings growth-78.0%-59.9%-3348.4%-89.5%-199.7%46.7%—
Current ratio6.59x6.26x5.54x3.16x3.70x5.28x—
Debt to equity—0.00x0.00x0.05x0.06x0.01x0.08x
Equity ratio88.4%89.0%88.0%84.7%87.7%91.9%—
Interest coverage23.78x34.05x187.02x-0.37x-7.99x18.00x—
R&D as a share of sales—0.1%0.1%0.2%5.0%——
Buybacks as a share of market value0.0%0.1%-0.1%0.0%-3.8%3.8%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue0.2%-2.8%-1.9%
Operating income119.8%-22.2%-17.1%
Net income—-21.4%-15.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin6.8%9.1%7.0%9.1%
Net margin4.8%6.5%4.8%6.4%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings188.439.919.3-329.3-22.622.024.511.713.419.4
Price to sales4.32.52.32.62.01.51.21.31.11.7

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 16 Sept 2025.

FY2026FY2025
Paid in the year1.501.50
  • 5-for-4 split · 30 Sept 2019

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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