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Nitiraj Engineers Ltd

Company details

6M Return -9.45%
1Y Return -2.82%
Mkt Cap.(Cr) 74.17
Volume 25,481
Div Yield 0.00%
OI Chg %
Volume 25,481

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Operating Profit

Profit after Tax


Reserves and Surplus



Operating Profit

Profit after Tax






Equity Capital: 67.70 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 22,728.09 -29,609.20
LAST 3M 42,048.80 -31,382.80
LAST 6M 65,127.04 16,114.05
LAST 12M 194,271.06 -118,498.61


Stock PE (TTM)


Promoter Holding


Book Value







  • Nitiraj Engineers Limited was incorporated in April 01, 1999 as a Private Limited Company. The Company is engaged in manufacturing and selling of a variety of electronic weighing scales, currency counting machines, other office machines, taxi fare meters, etc. The Company`s manufacturing plant is located at Parwanoo, Himachal Pradesh. The Company is one of the leading manufacturers of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines and Electronic Fare Meters catering to both industrial and domestic consumption. These products are classified according to their applications and utilities in the categories of Industrial, Commercial, Jewellery, Healthcare, Household and Automobile. The Company supplies machines to various state governments under Child Growth Monitoring Systems (CGMS) program. These machines have advanced technology support in form of data collection, plotting, MIS and dissemination. The new manufacturing facility is a sophisticated, state-of-the-art facility located at Dhule, Maharashtra for continuous research, stringent quality control and consistent production with a capacity to produce around six lakh scales per annum. The products are supplied under brand name `Phoenix`, through a well-connected sales and service network of 17 branches in the states of Chhattisgarh, Maharashtra and Odisha and about 400 dealers across India as well as abroad. Along with branch offices and dealer networks, the Company also entered online spaces to capture the untapped customers who prefer buying products online. The Company started online sales through e-commerce platforms like Amazon. For this, the Company employed specialized personals in the digital marketing team to create awareness online and proceed online orders. The Company has distributors in Middle East and SAARC countries. The products are compatible with world standards. At present, the company is producing more than 100,000 scales per year and about 286 professionals are working with the company. The Company developed and launched "Door / Shutter Alarm" system under Security and Automation Products range, used for home or workplace security and gives out a loud siren on intrusion. The Company developed "Platform Weighing Scale with RF Indicator" for wireless data transmission from platform to indicator. The updated Electromagnetic Weighing Balances with latest technology and software, enables the machines to give best performance and highly sensitive weighing balances measuring weights of 0.1 mg accurately. The Company participated in "Divya Marathi Shopping Utsav & Auto Expo" Jalgaon from 10th-14th February 2021. It advertised on TV, newspaper ads for Home Automation and Security products. The Company received the accreditations such as, "The Best Entrepreneur Award" in this District by Govt of Maharashtra in 1992, the ISO 9001 and Jamnalal Bajaj Uchit Vyavahar Puraskar for fair business practices", a national level award in the year 1998. The Company bagged the BIS Certificate ( ISI Mark ), NSIC registration and DGS&D registration with Govt of India. The Company achieved the model approval from Legal Metrology Department, Govt of India. The Company is an ISO 9001:2015 certified company and has more than one million customers. The Company caters to customers` evolving needs effectively with a team of qualified and experienced engineers equipped with modern facilities are engaged in designing and developing electronic hardware and software.

Registered Address

306A Bhabha Building N M Joshi, Marg Delisle Road, Mumbai, Maharashtra, 400011

Email : investor:nitiraj.net
Website : http://www.nitiraj.net


Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 538407
Book Closure Date (Month) : Sep
BSE Group :
ISIN : INE439T01012

ICICIdirect Nitiraj Engineers Ltd FAQ

You can buy Nitiraj Engineers Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Nitiraj Engineers Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 08, 2023 04:09 PM the closing price of Nitiraj Engineers Ltd was ₹ 72.35.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 08, 2023 04:09 PM, the market cap of Nitiraj Engineers Ltd stood at ₹ 74.17.
The latest PE ratio of Nitiraj Engineers Ltd as of Feb 08, 2023 04:09 PM is 0
The latest PB ratio of Nitiraj Engineers Ltd as of Feb 08, 2023 04:09 PM is 0.90
The 52-week high of Nitiraj Engineers Ltd is ₹ 101.10 while the 52-week low is ₹ 53.85

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