| Sector |
Capital Goods
|
Compare with Sector peers |
| Industry |
Engineering - Industrial Equipments
|
Compare with Industry peers |
| Website | http://www.nitiraj.net | |
| Market Cap | 68.48 Cr. | |
| Enterprise Value(EV) | 71.38 Cr. | 2022-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | -3.44 | Trailing Twelve Months Ending 2022-03 |
| Price-Earning Ratio (PE) | - | Trailing Twelve Months Ending 2022-03 |
| Industry PE | 42.12 | Trailing Twelve Months Ending 2022-03 |
| Book Value / Share | 67.69 | Trailing Twelve Months Ending 2022-03 |
| Price to Book Value | 0.99 | Calculated using Price: 66.80 |
| Dividend Yield | 0.00 | Period Ending 2021-03 |
| No. of Shares Subscribed | 1.03 Cr. | 10,251,000 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
The company was originally incorporated as Nitiraj Engineers Private Limited under Part IX of the Companies Act, 1956 and the Certificate of Incorporation was issued by the Assistant Registrar of Companies, Maharashtra, Mumbai on April 1, 1999. Subsequently, the company was converted into a Public Limited Company pursuant to Shareholders’ Resolution passed at the Extra Ordinary General Meeting of Members of the Company held on June 8, 2015 and the name of the company was changed to Nitiraj Engineers Limited vide a fresh Certificate of Incorporation dated June 22, 2015 issued by the Deputy Registrar of Companies, Maharashtra, Mumbai. The Registered Office of the company is located at Mumbai and Corporate Office is located at Dhule in the State of Maharashtra. The company’s products are manufactured at its manufacturing unit located at Parwanoo, Himachal Pradesh. The company also has manufacturing facility at Silvassa, UT which is not under active use currently. The company supply’s its products under the brand PHOENIX through its large network of dealers to its customers in India as well as abroad. The company is already supplying machines to various state governments under CGMS program. These machines have advanced technology support in form of data collection, plotting, MIS and dissemination. With the help of technology the task of record keeping, plotting, data management and reporting can be handled by the weighing machine systems itself. This provides the field staff and supervisory staff to focus on actual action points to achieve objectives of CGMS and ICDS rather than spending time on data management. Business area of the company It is an ISO 9001:2008 certified company and engaged in the manufacturing and selling of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines and Electronic Fare Meters. The company’s product portfolio range caters to both industrial and domestic consumption. |
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Company Profile
The company was originally incorporated as Nitiraj Engineers Private Limited under Part IX of the Companies Act, 1956 and the Certificate of Incorporation was issued by the Assistant Registrar of Companies, Maharashtra, Mumbai on April 1, 1999. Subsequently, the company was converted into a Public Limited Company pursuant to Shareholders’ Resolution passed at the Extra Ordinary General Meeting of Members of the Company held on June 8, 2015 and the name of the company was changed to Nitiraj Engineers Limited vide a fresh Certificate of Incorporation dated June 22, 2015 issued by the Deputy Registrar of Companies, Maharashtra, Mumbai. The Registered Office of the company is located at Mumbai and Corporate Office is located at Dhule in the State of Maharashtra.
The company’s products are manufactured at its manufacturing unit located at Parwanoo, Himachal Pradesh. The company also has manufacturing facility at Silvassa, UT which is not under active use currently. The company supply’s its products under the brand PHOENIX through its large network of dealers to its customers in India as well as abroad.
The company is already supplying machines to various state governments under CGMS program. These machines have advanced technology support in form of data collection, plotting, MIS and dissemination. With the help of technology the task of record keeping, plotting, data management and reporting can be handled by the weighing machine systems itself. This provides the field staff and supervisory staff to focus on actual action points to achieve objectives of CGMS and ICDS rather than spending time on data management.
Business area of the company
It is an ISO 9001:2008 certified company and engaged in the manufacturing and selling of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines and Electronic Fare Meters. The company’s product portfolio range caters to both industrial and domestic consumption.
| 1 Day |
|
-2.77% |
| 1 Week |
|
-5.32% |
| 1 Month |
|
-22.86% |
| 3 Month |
|
+2.61% |
| 6 Month |
|
+38.88% |
| 1 Year |
|
+39.75% |
| 2 Year |
|
+19.29% |
| 5 Year |
|
+1.46% |
| 10 Year |
|
| 5 years | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 7.99 | 5.19 | 9.51 | 3.80 | 5.12 | |
| Return on Capital Employed (%) | 12.77 | 7.26 | 13.47 | 5.74 | 6.98 | |
| Return on Assets (%) | 7.06 | 4.76 | 8.87 | 3.38 | 4.58 |
| Particulars | 6 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03* Rs. Cr. |
| Shh. Funds | 58 | 61 | 67 | 69 | 73 | 68 | |
| Non Curr. Liab. | 0 | 0 | 0 | 0 | 0 | ||
| Curr. Liab. | 8 | 3 | 6 | 11 | 5 | 9 | |
| Minority Int. | |||||||
| Equity & Liab. | 65 | 64 | 73 | 80 | 79 | 76 | |
| Non Curr. Assets | 40 | 44 | 38 | 49 | 53 | 44 | |
| Curr. Assets | 25 | 20 | 35 | 31 | 25 | 32 | |
| Misc. Exp. not W/O | |||||||
| Total Assets | 65 | 64 | 73 | 80 | 79 | 76 |
| Particulars | 6 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03 Rs. Cr. TTM |
| Net Sales | 53 | 39 | 54 | 48 | 54 | 40 | |
| Other Income | 0 | 2 | 1 | 2 | 0 | 1 | |
| Total Income | 54 | 41 | 55 | 50 | 54 | 40 | |
| Total Expenditure | -46 | -35 | -45 | -44 | -46 | -38 | |
| PBIDT | 8 | 6 | 10 | 5 | 8 | 2 | |
| Interest | -1 | 0 | 0 | 0 | 0 | -1 | |
| Depreciation | -1 | -2 | -1 | -1 | -3 | -3 | |
| Taxation | -2 | -1 | -2 | -1 | -1 | 1 | |
| Exceptional Items | -3 | ||||||
| PAT | 5 | 3 | 6 | 3 | 4 | -3 | |
| Minority Interest | |||||||
| Share Associate | 0 | 0 | 0 | 0 | 0 | ||
| Other Related Items | |||||||
| Consolidated Net Profit | 5 | 3 | 6 | 2 | 4 | -4 | |
| Adjusted EPS | 4 | 3 | 6 | 2 | 3 | -3 |
| Particulars | 5 years | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | -5 | -3 | 16 | 10 | 7 | |
| Cash Fr. Inv. | -3 | -3 | -16 | -11 | -4 | |
| Cash Fr. Finan. | 15 | 0 | 5 | -6 | ||
| Net Change | 7 | -6 | 0 | 4 | -3 | |
| Cash & Cash Eqvt | 8 | 1 | 2 | 5 | 2 |
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Fri, 20 May 2022
Transcript of Analysts/Institutional Investor Meet/Con. Call
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Fri, 20 May 2022
Transcript of Analysts/Institutional Investor Meet/Con. Call
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Thu, 19 May 2022
Transcript of Analysts/Institutional Investor Meet/Con. Call
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| Fri, 20 May 2022 |
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