Nitiraj Engineers Ltd (NSE: NITIRAJ) is a Dhule, Maharashtra-based company in the Calculating and Accounting Machines industry. With a market capitalisation of ₹209 Cr, it ranks #2,631 by market cap among the 6,137 Indian listed companies on FinBizNet. At ₹195.65 (as of 25 Oct 2026), the share price is 18.8% below its 52-week high of ₹241.00 and 16.5% above its 52-week low of ₹168.00. The share price is down 4.1% over one year and down 11.2% over three months.
| Current Price | ₹195.65 |
|---|---|
| Market Cap | ₹209 Cr |
| NSE Symbol | NITIRAJ |
| Sector | Information Technology > Technology Hardware and Equipment > Electronic Equipment, Instruments and Components |
| Sub-Industry | Electronic Equipment and Instruments > Calculating and Accounting Machines |
| P/E Ratio | 193.2 |
| Return on Equity | 1.28% |
| Return on Assets | 0.24% |
| 52-Week Range | ₹168.00 – ₹241.00 |
| 1-Year Price Change | -4.1% |
| 3-Month Price Change | -11.2% |
| Beta (1Y) | 0.01 |
| Dividend Yield | 0.00% |
| Headquarters | Dhule, Maharashtra |
| Website | www.nitiraj.net |
| Revenue | ₹19 Cr |
|---|---|
| Net Profit | ₹1 Cr |
| Net Margin | 5.4% |
| EPS (Basic) | ₹1.00 |
| Basis | standalone |
Figures in ₹ crore, parsed from the company's exchange filing (XBRL).
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.
1. Electronic Weighing Scales and Other Products.-This segment manufactures and sells electronic weighing scales and systems, currency counting machines, digital fare meters, home and hotel automation products, and health measurement products. 2. Electronic Currency Counting Machines-This segment manufactures and sells electronic currency counting machines. 3. Digital Fare Meters-This segment manufactures and sells digital fare meters. 4. Home & Hotel Automation-This segment offers home and hotel automation products.
1. Business of Manufacturing Electronic Equipment-100%
Nitiraj Engineers Ltd is trading at ₹195.65, with a market capitalisation of ₹209 Cr.
Nitiraj Engineers Ltd operates in the Information Technology > Technology Hardware and Equipment > Electronic Equipment, Instruments and Components space (Electronic Equipment and Instruments > Calculating and Accounting Machines).
Nitiraj Engineers Ltd has a P/E of 193.2 and a return on equity of 1.28%.
Nitiraj Engineers Ltd is listed on the NSE under the symbol NITIRAJ.
Nitiraj Engineers Ltd's share price is down 4.1% over one year and down 11.2% over three months. Its 52-week range is ₹168.00 to ₹241.00.
In Q1 FY27, Nitiraj Engineers Ltd reported revenue of ₹19 Cr and net profit of ₹1 Cr, with basic EPS of ₹1 (standalone, parsed from the company's exchange filing).
Data as of 25 Oct 2026. Descriptive market data only — not investment advice.