Merritronix Ltd vs Nitiraj Engineers Ltd Stock Comparison

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Last Updated on: Oct 23, 2026

Key Highlights

The Latest Trading Price of Merritronix Ltd is ₹ 408.4 as of 23 Oct 15:30 . The P/E Ratio of Merritronix Ltd is 0 as of March 2021 .The P/E Ratio of Nitiraj Engineers Ltd is 13.9 as of March 2021 . The Market Cap of Merritronix Ltd is ₹ 0 crore as of March 2021 .The Market Cap of Nitiraj Engineers Ltd is ₹ 49 crore as of March 2021 . The revenue of Merritronix Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Nitiraj Engineers Ltd for the Jun '26 is ₹ 19.1 crore as compare to the Mar '26 revenue of ₹ 8.55 crore. This represent the growth of 123.39% The ebitda of Merritronix Ltd for the Jun '26 is ₹ 0 crore as compare to the Mar '26 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of Nitiraj Engineers Ltd for the Jun '26 is ₹ 2.22 crore as compare to the Mar '26 ebitda of ₹ 0.07 crore. This represent the growth of 3071% The net profit of Merritronix Ltd changed from ₹ 0 crore to ₹ 0 crore over 9 quarters. This represents a CAGR of 0.0% The net profit of Nitiraj Engineers Ltd changed from ₹ -1.65 crore to ₹ 1.02 crore over 9 quarters. This represents a CAGR of NaN% The Dividend Payout of Merritronix Ltd changed from 0 % on March 2021 to 0 % on March 2026 . This represents a CAGR of 0.0% over 6 yearsThe Dividend Payout of Nitiraj Engineers Ltd changed from 12.77 % on March 2024 to 0 % on March 2026 . This represents a CAGR of -100.00% over 3 years .

About Merritronix Ltd

Merritronix Limited was incorporated on the October 14, 1988 as 'Merritronix Private Limited', a Private limited company with the Registrar of Companies, Andhra Pradesh.
Subsequently, Company was converted into a Public limited company and the name of the Company was changed to 'Merritronix Limited' upon such conversion dated February 07, 2025 obtained from the Central Registration Centre. Merritronix is an an Electronics Systems Design and Manufacturing services (ESDM) company specializing in high-reliability, mission critical electronic assemblies and systems for defence, aerospace, telecommunications, Rapid Prototyping for design houses OEMs, Engineering services Companies and specialized industrial electronics.
They are primarily engaged in electronic manufacturing services, encompassing component sourcing, printed circuit board (PCB) assembly, systems integration, testing, box-build solutions and delivery of finished electronic products - executed to the quality standards required by India's strategic defence and aerospace programmes.

About Nitiraj Engineers Ltd

Nitiraj Engineers Limited was incorporated as 'Nitiraj Engineers Private Limited' as a Private Limited Company vide Certificate of Incorporation dated April 01, 1999 issued by the Registrar of Companies, Maharashtra, Mumbai.
Further, the status of the Company was converted from Private Limited to a Public Limited and the name was changed to 'Nitiraj Engineers Limited' w.e.f.
June 22, 2015. The Company is one of the leading manufacturers of wide range of Electronic Weighing Scales and Systems, Currency Counting Machines, Digital Fare Meters, Home & Hotel Automation Products and Health Measurement Products 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.

FAQs for the comparison of Merritronix Ltd and Nitiraj Engineers Ltd

Which company has a larger market capitalization, Merritronix Ltd or Nitiraj Engineers Ltd?

Market cap of Merritronix Ltd is 714 Cr while Market cap of Nitiraj Engineers Ltd is 200 Cr

What are the key factors driving the stock performance of Merritronix Ltd and Nitiraj Engineers Ltd?

The stock performance of Merritronix Ltd and Nitiraj Engineers Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Merritronix Ltd and Nitiraj Engineers Ltd?

As of October 23, 2026, the Merritronix Ltd stock price is INR ₹408.4. On the other hand, Nitiraj Engineers Ltd stock price is INR ₹195.65.

How do dividend payouts of Merritronix Ltd and Nitiraj Engineers Ltd compare?

To compare the dividend payouts of Merritronix Ltd and Nitiraj Engineers Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.