Nitiraj Engineers Peer Comparison

NSE: NITIRAJ

₹190.00

₹-1.18 (-0.62%)

As on 06-Nov-2026 09:32IST

Market cap

₹196 Cr

Revenue (TTM)

₹55 Cr

P/E Ratio

81.4

P/B Ratio

2.4

Div. Yield

0 %

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	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Market cap (₹ Cr)	196	17,645	5,403	4,572	3,789
Revenue (₹ Cr)	55	1,351	3,379	2,973	495
Net Profit (₹ Cr)	2.41	189.84	319.08	-37.06	58.02
Net Margin (%)	4.29	13.69	9.25	-1.22	11.32
RoE (%)	2.89	21.92	14.42	-1.55	13.85
Price to Earnings	81.39	92.95	16.93	--	65.30
Price-To-Book	2.35	18.92	2.38	3.66	8.43

Income Statement (₹ Cr)

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Operating Revenue	46.41	876.21	3,075.63	2,914.84	518.72
Total Income	47.94	899.30	3,144.04	3,001.40	538.35
Total Expenditure	42.92	705.00	2,591.05	2,701.19	414.45
EBITDA	3.49	171.21	484.57	213.65	104.27
Depreciation	3.54	35.03	115.27	62.60	16.06
EBIT	-0.05	136.18	369.30	151.05	88.21
Interest	0.06	29.36	15.92	27.50	0.36
Other Income	1.53	23.09	68.41	86.56	19.63
Exceptional Items	--	-3.77	2.60	-16.89	-4.78
Profit before Tax	1.41	126.15	424.40	194.94	102.70
Provision for Tax	0.35	32.12	105.66	51.74	26.04
Profit after Tax	1.06	94.03	318.74	143.20	76.66

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Shareholder's Funds	82.34	822.59	2,153.70	1,339.03	440.06
Minority Interest	--	--	2.53	1.29	--
Non-Current Liabilities	3.76	194.00	118.88	411.80	0.89
Current Liabilities	7.07	726.84	719.75	1,613.43	107.62
Total Liabilities	93.16	1,743.43	2,994.87	3,371.16	555.59

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Non-Current Assets	46.59	615.21	1,715.66	1,008.82	148.93
Current Assets	46.58	1,128.22	1,279.20	2,356.72	399.64
Total Assets	93.16	1,743.43	2,994.87	3,371.16	555.59
Total Debt*	0.00	369.22	184.78	454.40	0.00
Net Current Assets	39.51	401.38	559.45	743.29	292.02
Contingent Liabilities	--	2.27	53.07	80.77	2.73

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Cash From Operating Activities	-3.43	196.90	331.71	-28.47	70.10
Cash Flow from Investing Activities	6.29	-352.61	-280.19	-44.46	-45.30
Cash from Financing Activities	-1.60	154.77	-42.62	100.12	-38.47
Net Cash Inflow / Outflow	1.27	-0.94	8.89	27.19	-13.67

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
ROCE (%)	1.79	14.82	20.09	13.46	24.45
ROE (%)	1.28	12.12	15.71	11.25	18.19
ROA (%)	1.14	6.54	11.41	4.51	14.63
EBIT Margin (%)	10.81	22.17	17.98	10.30	23.89
Net Margin (%)	2.21	10.46	10.14	4.77	14.24
Cash Profit Margin (%)	9.88	14.73	14.11	7.06	17.87

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Revenue Growth (%)	-39.35	29.62	19.29	6.49	-14.21
EBIT Growth (%)	-51.46	54.22	17.33	-13.18	-13.86
Net Profit Growth (%)	-78.05	77.79	5.51	-31.24	-20.17
EPS Growth (%)	-78.05	77.79	5.51	-31.35	-20.17
Book Value Growth (%)	-0.57	12.85	13.09	10.86	9.20

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Price / Earnings	194.20	113.49	16.47	31.96	43.09
Price / Book Value	2.50	12.97	2.44	3.40	7.51
Dividend Yield (%)	0.00	0.00	1.34	0.39	1.16
EV/EBITDA	40.27	56.71	9.35	15.64	26.05
Market Cap (₹ Cr)	205.96	10,671.23	5,248.86	4,558.81	3,303.11

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Debt to Equity	0.00	0.45	0.09	0.34	0.00
Short term debt to equity ratio	--	0.22	0.05	0.02	--
Current Ratio	6.59	1.55	1.78	1.46	3.71
Quick Ratio	3.40	0.86	1.06	1.19	2.66
Interest Coverage	23.78	5.30	27.66	8.09	286.28

	Nitiraj Engineers	MTAR Technologies	LG Balakrishnan	Ion Exchange	Shanthi Gears
Debtors to sales (%)	10.14	38.44	13.16	36.87	22.29
Asset Turnover	0.50	0.61	1.10	0.92	0.99
Receivable days	44.87	113.85	44.27	136.62	88.95
Inventory Days	152.47	176.33	56.16	46.36	67.99
Payable days	40.29	101.93	86.15	165.28	100.81
Cash Conversion Cycle	157.05	188.25	14.29	17.70	56.12

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.