Nitiraj Engineers Peer Comparison

NSE: NITIRAJ

₹203.51

₹-6.01 (-2.87%)

As on 16-Oct-2026IST

Market cap

₹209 Cr

Revenue (TTM)

₹55 Cr

P/E Ratio

86.6

P/B Ratio

2.5

Div. Yield

0 %

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	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Market cap (₹ Cr)	209	21,642	5,532	5,404	4,160
Revenue (₹ Cr)	55	1,080	3,032	3,217	499
Net Profit (₹ Cr)	2.41	133.44	96.17	318.79	63.82
Net Margin (%)	4.29	12.01	3.10	9.70	12.29
RoE (%)	2.89	17.40	8.40	15.44	15.46
Price to Earnings	86.64	162.18	56.41	16.95	65.18
Price-To-Book	2.50	24.80	4.12	2.43	9.25

Income Statement (₹ Cr)

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Operating Revenue	76.52	676.00	2,737.11	2,578.29	604.62
Total Income	77.43	681.15	2,787.16	2,633.52	619.28
Total Expenditure	67.09	555.16	2,441.38	2,162.22	475.45
EBITDA	9.43	120.83	295.73	416.07	129.17
Depreciation	3.51	32.24	44.49	91.53	13.30
EBIT	5.92	88.60	251.24	324.54	115.87
Interest	0.20	22.18	16.83	11.40	0.44
Other Income	0.91	5.15	50.06	55.23	14.66
Exceptional Items	--	--	--	23.03	--
Profit before Tax	6.62	71.57	285.48	391.39	130.09
Provision for Tax	1.79	18.68	77.22	89.30	34.06
Profit after Tax	4.83	52.89	208.25	302.09	96.03

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Shareholder's Funds	82.81	728.92	1,207.87	1,904.49	402.99
Minority Interest	--	--	1.61	2.55	--
Non-Current Liabilities	2.53	111.27	301.60	89.25	-4.39
Current Liabilities	8.77	290.10	1,468.15	593.60	100.46
Total Liabilities	94.11	1,130.28	2,979.24	2,589.89	504.32

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Non-Current Assets	45.07	512.21	798.97	1,314.24	117.15
Current Assets	49.04	618.08	2,180.27	1,275.65	381.91
Total Assets	94.11	1,130.28	2,979.24	2,589.89	504.32
Total Debt*	0.00	177.26	303.01	140.36	0.00
Net Current Assets	40.27	327.98	712.12	682.05	281.45
Contingent Liabilities	--	2.27	72.15	29.68	4.09

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Cash From Operating Activities	14.20	101.25	32.05	288.36	90.87
Cash Flow from Investing Activities	-12.44	-102.72	-164.57	-310.55	-38.08
Cash from Financing Activities	-1.83	-35.84	128.21	17.74	-38.44
Net Cash Inflow / Outflow	-0.08	-37.30	-4.31	-4.45	14.35

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
ROCE (%)	8.40	10.57	22.68	21.28	34.89
ROE (%)	5.95	7.53	18.71	17.12	25.67
ROA (%)	5.17	4.95	7.68	12.52	20.51
EBIT Margin (%)	13.51	18.64	12.63	18.28	23.79
Net Margin (%)	6.24	7.76	7.47	11.47	15.51
Cash Profit Margin (%)	10.87	12.59	9.23	15.27	18.08

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Revenue Growth (%)	-23.82	16.40	16.58	9.90	12.79
EBIT Growth (%)	-46.67	6.31	8.32	5.97	16.58
Net Profit Growth (%)	-59.86	-5.75	6.60	11.27	16.75
EPS Growth (%)	-59.86	-5.75	6.02	9.59	16.75
Book Value Growth (%)	3.95	7.78	18.66	17.20	16.70

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Price / Earnings	56.48	74.50	32.14	12.51	37.66
Price / Book Value	3.29	5.41	5.53	1.98	8.97
Dividend Yield (%)	0.56	0.00	0.32	1.69	1.06
EV/EBITDA	26.11	32.55	18.85	7.42	24.69
Market Cap (₹ Cr)	272.83	3,940.10	6,679.64	3,779.00	3,616.41

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Debt to Equity	0.00	0.24	0.25	0.07	0.00
Short term debt to equity ratio	--	0.07	0.01	0.04	--
Current Ratio	5.59	2.13	1.49	2.15	3.80
Quick Ratio	3.72	0.94	1.28	1.42	3.00
Interest Coverage	34.04	4.23	17.97	35.32	296.66

	Nitiraj Engineers	MTAR Technologies	Ion Exchange	LG Balakrishnan	Shanthi Gears
Debtors to sales (%)	8.83	31.03	40.46	13.24	22.69
Asset Turnover	0.82	0.63	1.01	1.07	1.29
Receivable days	46.48	96.21	136.16	45.43	77.02
Inventory Days	81.85	187.28	35.71	58.14	49.99
Payable days	23.04	89.97	155.87	87.92	75.72
Cash Conversion Cycle	105.29	193.51	16.00	15.65	51.30

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