Nitiraj Engineers Ltd
company logo

Nitiraj Engineers Ltd

NITIRAJ Share Price

BSE:538407

NSE:NITIRAJ

210.25

2.20 (1.06%)

As on April 10, 2026 at 04:14 PM
Loading chart...

Performance

Loading performance...

208.05

211.57

1152

0.02

10

Fundamentals

212.55Cr

0

3.15

0.05

0

0.72%

65.93

About

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. 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 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 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. In March 2017, the Company made a public issue of 22,00,800 Equity Shares by raising funds aggregating to Rs. 22 Crore. In 2018, the Company launched Security & Automation range of products; in 2020, the Company shifted the manufacturing unti to Dhule with other modern machinery. The Dadra and Nagar Haveli, unit became functional in 2023.

1999

NITIRAJ

NameDesignation
Rajesh Raghunath BhatwalChairman / Executive Director / MD / CEO
Shakuntala Rajesh BhatwalE D & Wholetime Director
Yi Hung SinE D & Wholetime Director
Gajendra Sharadchandra DeshmukhE D & Wholetime Director
Deepam Pradeep ShahIndependent Non Exe. Director
Pranit Anil BangadIndependent Non Exe. Director
PRADEEP CHANDRAKANT SHAHIndependent Non Exe. Director
Anil Nandikishor BangadIndependent Non Exe. Director
Deepika Amit DalmiyaCompany Sec. & Compli. Officer

Nitiraj Engineers Ltd FAQs

How do I Buy Nitiraj Engineers Ltd Shares?

close

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Nitiraj Engineers Ltd shares in BlinkX.

What is the Share Price of Nitiraj Engineers Ltd?

close

The share price of any stock is volatile and changes during the day due to a variety of variables. Nitiraj Engineers Ltd's share price is ₹210.25 as of 2026-04-11.

What is the PE ratio of Nitiraj Engineers Ltd?

close

Nitiraj Engineers Ltd's P/E ratio is - times as of 2026-04-11.

What is the PB ratio of Nitiraj Engineers Ltd?

close

Nitiraj Engineers Ltd's most recent financial reports indicate a price-to-book ratio of 3.15, showing the company's stock market valuation in relation to the value of its real assets.

What is the Market Cap of Nitiraj Engineers Ltd?

close

Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Nitiraj Engineers Ltd's market capitalization is ₹212.55 Cr as on 2026-04-11.

What is the ROE of Nitiraj Engineers Ltd?

close

The current financial records of Nitiraj Engineers Ltd show a -% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

What is the Total Asset of Nitiraj Engineers Ltd?

close

According to Nitiraj Engineers Ltd's most recent financial filings, the company has a total asset value of ₹30.26, which includes current and non-current assets such as inventory, cash, properties, and equipment.

What is the 52-week high and Low of Nitiraj Engineers Ltd?

close

The 52-week high/low price of a Nitiraj Engineers Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Nitiraj Engineers Ltd's 52-week high and low as of 2026-04-11 are ₹421.6 and ₹169.99, respectively.