NITIRAJ
Nitiraj Engineers Limited (NITIRAJ) Stock Analysis
Nitiraj Engineers Limited is an Indian electrical equipment company manufacturing petrol pump dispensers, metering systems, and industrial electronics for oil marketing companies and industry. It supplies IOCL, BPCL, and HPCL retrofit and new installations. Energy retail capex and standards upgrades support demand. It is listed on Indian stock exchanges.
Technology › Scientific & Technical Instruments
₹195.80
-2.72% 1W | +1.70% 52W
Market Cap
201 CR
P/E Ratio
83.3
52W High
₹241
52W Low
₹168
Div. Yield
0%
Beta
0
50 DMA
₹209.2
200 DMA
₹202.9
Profit Margin
4.4%
Inst. Own.
0%
📊 ANALYZING TREND
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 26.00 | 21.87 | 7.07 | 11.64 | 15.19 | 4.99 | 8.78 | 12.27 | 13.59 | 7.50 | 15.85 | 11.36 | 11.37 |
| Expenses | 23.75 | 20.52 | 6.77 | 10.07 | 13.57 | 4.68 | 8.11 | 11.31 | 13.93 | 6.90 | 15.04 | 10.28 | 10.42 |
| Operating Profit | 2.25 | 1.35 | 0.30 | 1.57 | 1.62 | 0.31 | 0.67 | 0.96 | -0.34 | 0.60 | 0.81 | 1.08 | 0.95 |
| OPM % | 8.65% | 6.17% | 4.24% | 13.49% | 10.66% | 6.21% | 7.63% | 7.82% | -2.50% | 8.00% | 5.11% | 9.51% | 8.36% |
| Other Income | 0.05 | 1.83 | 0.08 | 0.05 | 0.14 | 0.06 | 0.18 | 0.06 | -2.90 | 0.03 | 0.08 | 0.07 | 0.36 |
| Interest | 0.18 | 0.27 | 0.15 | 0.04 | 0.04 | 0.08 | 0.14 | 0.13 | 0.15 | 0.14 | 0.07 | 0.08 | 0.04 |
| Depreciation | 0.56 | 0.86 | 0.75 | 0.77 | 0.79 | 0.72 | 0.75 | 0.78 | 0.88 | 0.89 | 0.91 | 0.92 | 0.96 |
| Profit before tax | 1.56 | 2.05 | -0.52 | 0.81 | 0.93 | -0.43 | -0.04 | 0.11 | -4.27 | -0.40 | -0.09 | 0.15 | 0.31 |
| Tax % | 25.00% | 31.22% | -0.00% | 14.81% | 30.11% | -2.33% | 125.00% | 36.36% | -27.40% | -25.00% | 211.11% | -133.33% | 96.77% |
| Net Profit | 1.14 | 1.27 | -0.52 | 0.69 | 0.66 | -0.41 | -0.09 | 0.08 | -3.11 | -0.30 | -0.28 | 0.36 | -0.00 |
| EPS in Rs | 1.11 | 1.24 | -0.51 | 0.67 | 0.64 | -0.40 | -0.09 | 0.08 | -3.03 | -0.29 | -0.27 | 0.35 | -0.00 |
| Metric | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|
| Sales | 61.06 | 67.81 | 39.44 | 53.88 | 47.86 | 53.40 | 39.63 | 46.08 |
| Expenses | 52.48 | 59.86 | 35.69 | 45.22 | 44.43 | 45.38 | 38.00 | 42.59 |
| Operating Profit | 8.58 | 7.95 | 3.75 | 8.66 | 3.43 | 8.02 | 1.63 | 3.49 |
| OPM % | 14.05% | 11.72% | 9.51% | 16.07% | 7.17% | 15.02% | 4.11% | 7.57% |
| Other Income | 0.15 | 0.31 | 2.26 | 1.14 | 1.88 | 0.23 | -2.62 | 0.47 |
| Interest | 0.74 | 0.51 | 0.05 | 0.11 | 0.45 | 0.28 | 0.50 | 0.32 |
| Depreciation | 0.95 | 0.90 | 1.75 | 1.26 | 1.42 | 3.09 | 3.13 | 3.68 |
| Profit before tax | 7.04 | 6.85 | 4.21 | 8.43 | 3.44 | 4.88 | -4.62 | -0.04 |
| Tax % | 23.86% | 32.85% | 27.79% | 28.71% | 29.65% | 27.25% | -23.81% | 475.00% |
| Net Profit | 5.36 | 4.60 | 3.04 | 6.02 | 2.41 | 3.54 | -3.53 | -0.23 |
| EPS in Rs | 7.15 | 4.47 | 2.95 | 5.84 | 2.35 | 3.45 | -3.44 | -0.22 |
| Dividend Payout % | -0.00% | 3.92% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | -1.0% | 3.0% | – |
Shareholding Pattern
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
Promoters69.07%
FIIs0.05%
Public30.88%
Promoters69.07%
Public30.93%
Promoters69.07%
Public30.93%
NITIRAJ
Holdings Analysis
Key strengths & risk signals
48
Overall
36
Fundamental
60
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
WEAK POSITION! Current price (195.8) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 2.7% (1 week), 7.7% (1 month), 4.9% (3 months).
POSITIVE YEAR! Stock gained 1.7% in the last year.
Strengths (3)
BULLISH TREND! 50-day average (209.2) is above 200-day average (202.9) - positive signal.
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 1,880 vs down days: 1,429. Ratio: 1.32x
NEUTRAL! RSI at 41.1 - balanced momentum.
Fundamental & Technical Analysis
48Overall
36Fundamental
60Technical
Fundamental Breakdown
Growth Quality
7/30
Revenue CAGR: 0.2% (SLOW, 5/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! 4.4% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 30.93% public ownership - moderate retail influence.
Stability Index
4/10
CAREFUL! Company does not have stable profit track. 2 loss-making quarters detected.
Technical Breakdown
Moving Averages
10/10
BULLISH TREND! 50-day average (209.2) is above 200-day average (202.9) - positive signal.
Price Position
2/10
WEAK POSITION! Current price (195.8) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
4/10
POSITIVE YEAR! Stock gained 1.7% in the last year.
Volume Sentiment
25/30
BULLISH SENTIMENT! In last 30 days: 14 up days, 16 down days. Avg volume on up days: 1,880 vs down days: 1,429. Ratio: 1.32x
RSI
3/5
NEUTRAL! RSI at 41.1 - balanced momentum.
52W Range
2/5
LOWER HALF! Trading at 38.1% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 2.7% (1 week), 7.7% (1 month), 4.9% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
Peer Comparison
Technology · Scientific & Technical Instruments · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NITIRAJ | ₹195.80 | 83.3 | 4.4% | 0.2% | – | +1.7% | 48 | BREAKDOWN | – | -266.7% | – | +129.3% |
| RISHABH | ₹639.60 | 30.6 | 10.3% | 10.4% | 20.3% | +64.8% | 79 | CONSOLIDATING DOWN | -3.6% | -3.6% | +4.2% | -3.2% |
| AIRAN | ₹16.20 | 13.5 | 13.9% | 4.8% | 5.2% | -27.2% | 63 | BREAKOUT | +109.4% | +1,240.0% | +3.5% | -14.2% |
| GOLDTECH | ₹38.00 | – | -1.1% | 13.3% | 160.0% | -37.0% | 46 | CONSOLIDATING DOWN | -121.8% | -666.7% | +40.6% | -35.3% |
| SMARTLINK | ₹205.90 | 10.9 | 6.1% | 19.0% | -11.9% | +54.3% | 69 | BOUNCE FROM SUPPORT | +110.5% | -28.6% | +14.4% | +23.1% |
| BPL | ₹42.90 | – | -18.4% | 14.4% | – | -43.5% | 49 | APPROACHING SUPPORT | -229.6% | -69.0% | +9.7% | +9.2% |
| INTENTECH | ₹80.10 | – | -15.3% | 12.0% | -3.0% | -33.1% | 46 | APPROACHING SUPPORT | – | +51.1% | – | -13.4% |
| TRIGYN | ₹60.10 | 18.4 | 1.7% | -8.5% | -61.4% | -14.7% | 50 | APPROACHING RESISTANCE | -176.1% | +483.3% | +12.6% | +0.4% |
Data from TradeAlone · Updated daily
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