Nitiraj Engineers Limited Share Price and Company Fundamentals

-0.100 (-0.145%)
52 week
43.2 - 100.5

Last traded: Last Friday at 9:59 AM

Nitiraj Engineers Limited engages in the manufacture and sale of various electronic weighing scales and systems, currency counting machines, and electronic fare meters for industrial and domestic consumption in India and internationally. It offers jewelry, tabletop, price computing, piece counting, platform, hanging, industrial weighing, baby weighing, person weighing, mother and child weighing, adult weighing, body mass index, and kitchen scales; and analytical weighing balance, special application indicators, currency counting machines, taxi and rickshaw fare meters, and home automation products. The company markets its products under the Phoenix brand name through a network of dealers to customers. Nitiraj Engineers Limited was incorporated in 1989 and is based in Dhule, India.

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Company profile

Industry / SectorScientific & Technical Instruments / Technology
Mailing addressCity Survey No. 496 A/3 4 Behind Gurudwara Mumbai-Agra Road Dhule 424001 India
Phone / Fax91 25 6223 9080 / 91 25 6223 9332


Dividend yield


Dividend amount


Payout ratio


Nitiraj Engineers Limited paid ₹0.00 dividend and the ex-dividend date was .The dividend payout ratio is 0.00%. 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.

NITIRAJ's forward dividend amount is ₹ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Nitiraj Engineers Limited.

NameTitleAgeTotal Pay
Mr. Rajesh Raghunath BhatwalChairman & MD574.25M
Mr. Kailas Madanlal AgrawalChief Financial Officer42503.5k
Ms. Deepika Amit DalmiyaCompany Sec. & Compliance Officer297.09k
Ms. Shakuntala Rajesh BhatwalWhole-Time Director552.37M
Mr. Hung Sin Chung HuanyiWhole-Time Director571.04M
Mr. Ajay Balkrishna BhatwalGen. Mang. of Marketing53

Profitability and management effectiveness

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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 and its enterprise value is .

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 ₹69.

3. How can I contact Nitiraj Engineers Limited?

Nitiraj Engineers Limited's mailing address is City Survey No. 496 A/3 4 Behind Gurudwara Mumbai-Agra Road Dhule 424001 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