Nitiraj Engineers Limited Share Price and Company Fundamentals
Last traded: Today at 9:42 AM
Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial, kitchen, baby weighing, person weighing, adult weighing, and body mass index scales; analytical weighing balances; special application indicators; growth monitoring devices; home automation devices; security solutions; as well as other security and automation products. The company also provides remote pilot training organisation (RPTO) services for drones/UAVs. It markets its products under the Phoenix brand name through regional branches and dealers. The company was incorporated in 1989 and is based in Dhule, India.
Key Metrics
PE ratio
27.57
PB ratio
2.54
Dividend yield
0.75%
Beta
-0.01
Market cap
₹2.14B
Enterprise value
₹1.99B
Company profile
| Industry / Sector | Scientific & Technical Instruments / Technology |
|---|---|
| Full time employees | 259 |
| Website | https://www.nitiraj.net |
| Mailing address | Plot No J25, J26 MIDC Awdhan Dhule 424006 India |
| Phone / Fax | 91 25 6223 9080 / |
Dividends
Dividend yield
0.75%
Dividend amount
₹1.50
Payout ratio
19.82%
5Y Avg. yield
-%
Nitiraj Engineers Limited paid ₹1.50 dividend and the ex-dividend date was 16 Sep 2025.The dividend payout ratio is 19.82%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.NITIRAJ dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Mar 2026, following are the company executives and directors listed on Nitiraj Engineers Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Rajesh Raghunath Bhatwal | Founder, Chairman, CEO & MD | 61 | |
| Mr. Ashishkumar G. Sharma | Chief Financial Officer | ||
| Ms. Deepika Amit Dalmiya | Company Secretary & Compliance Officer | ||
| Ms. Shakuntala Rajesh Bhatwal | Whole-Time Executive Woman Director | 59 | |
| Mr. Hung Sin Chung Huanyi | Whole-Time Director | 61 | |
| Mr. Gajendra Sharadchandra rao Deshmukh | Whole-Time Executive Director | 56 | |
| Mr. Ajay Balkrishna Bhatwal | General Manager of Marketing | 57 |
Profitability and management effectiveness
Profit margin
2.70%
Operating margin
1.64%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Nitiraj Engineers Limited is 2.14B and its enterprise value is 1.99B. The enterprise value to revenue ratio of NITIRAJ is 3.27. The enterprise value to EBITDA ratio of NITIRAJ is 42.04.
Nitiraj Engineers Limited (NSE:NITIRAJ) Frequently Asked Questions
1. What is Nitiraj Engineers Limited's Stock Symbol?
Nitiraj Engineers Limited trades on NSE under the ticker symbol "NITIRAJ".
2. What is Nitiraj Engineers Limited's stock price today?
One share of NITIRAJ stock can currently be purchased for approximately ₹208.96.
3. How can I contact Nitiraj Engineers Limited?
Nitiraj Engineers Limited's mailing address is Plot No J25, J26 MIDC Awdhan Dhule 424006 India. The company can be reached via phone at 91 25 6223 9080.
4. What is Nitiraj Engineers Limited's official website?
The official website of Nitiraj Engineers Limited is https://www.nitiraj.net.