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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Nitiraj Engineers Ltd. is an India-based company, which is engaged in manufacturing and selling of a variety of electronic weighing scales, currency counting machines, and taxi fare meters. Its diverse product portfolio encompasses electronic weighing scales and systems,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak business, fully valued — but flagged on governance.
NITIRAJ ENGINEERS is scored on the general / industrial framework. It keeps a thin 2.2% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -3.24×) — worth a closer look. Free cash flow is worth about 1.4% of its market value.
Book value has grown 7%/yr. Return on equity is a weak -0.3%.
At 179× earnings, the stock sits at the 79th percentile of its own 2.6-year range — the expensive end of where it has historically traded. Today's price already implies ~28%/yr earnings growth sustained for a decade — a demanding bar. The forensic screen raises a red flag: 105% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 78.49 | — | — |
| P/B | 1.07 | 5.05 | better |
| EV/EBITDA | 18.93 | 12.75 | worse |
| ROE | -0.35 | 10.19 | worse |
| ROCE | 0.38 | — | — |
| ROA | -0.32 | 4.74 | worse |
| Quick Ratio | 1.11 | 3.69 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Aditya Infotech | 85.5 | 13.8 | 19.6% |
| Syrma SGS Technology | 61.3 | 9.3 | 13.8% |
| Honeywell Automation | 47.1 | 5.7 | 12.1% |
Revenue declined 38% in the latest year — a break from prior trajectory. 1% CAGR — growing but slowly. Growth is decelerating — latest year grew slower than the year before.
1 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a -78% swing — check if it's a one-off or structural.
Operating margin has expanded from -0% to 3% — the business is keeping more of each rupee earned.
ROE at 1% — modest; the capital isn't working hard.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -70% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
1 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 123% sequentially — momentum is building. Wide quarterly swings (55% spread) — likely seasonality, lumpy orders, or project-based revenue.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 259% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (10% → 5%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 2.6y median.
Promoters hold 69.3% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.