What the business is, and whether it's a good one at a fair price.
Manufactures non-automatic weighing instruments and scales under the PHOENIX brand from a facility at MIDC Awdhan, Dhule, Maharashtra. The product line includes models such as PAS-150 and the NEP-100 (100 kg capacity), built for Accuracy Class III use. Customers are both government departments and private buyers — recent orders include 58,237 PAS-150 units worth Rs 8.66 crore (including GST) from the Uttar Pradesh Government's Women Welfare Department for mother and child welfare use, and 9,925 NEP-100 units worth Rs 5.32 crore (including GST) from Linkwell Telesystems. The company also runs a Calibration Division that received Government Approved Test Centre (GATC) approval in May 2026 from the Ministry of Consumer Affairs, authorising in-house verification of Accuracy Class III instruments up to 150 kg at a capacity of 2,600 units per month, valid until May 2027; this capability is expected to cut annual external verification costs by about Rs 50 lakhs. FY26 revenue was Rs 46.41 crore. Materials form the largest cost line at 43.2% of revenue, followed by other operating expenses at 35.0% and employee costs at 15.7%.
Measured from the filed financials, judged against its Other Electrical Equipment peers · as of FY23 — not investment advice
How has the market priced it — with filings on the timeline?
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Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.
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Answered from NITIRAJ ENGINEERS LTD's filed financials and exchange disclosures
NITIRAJ ENGINEERS LTD is a Electrical Equipment company listed on NSE, trading under the symbol NITIRAJ.
No. Over the trailing twelve months NITIRAJ ENGINEERS LTD reported a net loss of ₹0 Cr on revenue of ₹46 Cr.
Not in the latest reported year — NITIRAJ ENGINEERS LTD's dividend payout for FY23 was nil.
Effectively yes. Debt stands at 0.04× equity.
On a typical session NITIRAJ ENGINEERS LTD moves 1.34% — that is the median absolute close-to-close move across its last 268 trading days. Announcement days are routinely larger.
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Figures are as last reported and may lag the latest filing. Not investment advice.