Stock Report

All about this stock under one free report Last Updated: 04-Nov-2026

Stock Rating

Is this stock worth it? Our ratings reveal the truth.

Wealth Insight New Issue

This month’s issue could change how you invest, read now.

Recently Viewed

Niraj Cement Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

NSE: NIRAJ | BSE: 532986

₹24.93

up-down-arrow ₹0.55 (2.26%)

As on 04-Nov-2026IST

Market cap

info icon

₹145 Cr

Revenue (TTM)

info icon

₹552 Cr

P/E Ratio

info icon

6.1

P/B Ratio

info icon

0.5

Div. Yield

info icon

0 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -22.53 10.44 6.08 -4.11 20.70
EBIT -67.29 170.82 52.70 44.92 102.01
Net Profit -22.37 270.50 58.59 53.57 66.28
EPS -22.38 270.56 34.07 55.21 54.19
Book Value -- -- 9.27 0.44 0.56
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsTTMMar-26Mar-25
EBIT-Margin info 3.002.223.463.122.67
Net Margin info 3.002.034.153.802.93
Return on equity info 7.465.139.108.307.62
Return on Capital info 9.696.74--10.7410.11
Return on Assets info 4.503.065.574.974.71
Debt to Equity (x) info ----0.020.290.01

Profitability

View Detailed Peer Comparison

ROCE

--

--

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
10.74
10.11
7.48
3.69
Peer Median
--
19.80
16.07
15.05
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROE

9.10

Lower than Peers by 1.23

Profit after tax / Average Net worth * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
9.10
8.30
7.62
5.91
2.45
Peer Median
10.34
16.16
18.11
16.64
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
ROA

5.57

Higher than Peers by 0.59

Profit after tax / Average Total assets * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
5.57
4.97
4.71
3.41
1.38
Peer Median
4.98
9.24
6.44
3.98
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Margin

3.46

Lower than Peers by 7.25

Operating profit (EBIT) / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
3.46
3.12
2.67
3.01
1.30
Peer Median
10.71
23.39
27.65
30.44
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Margin

4.15

Lower than Peers by 0.03

Net profit / Total Income (Net sales plus other income) * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
4.15
3.80
2.93
2.03
0.71
Peer Median
4.18
6.32
4.84
4.58
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Profit Margin

--

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
4.35
3.41
2.42
0.94
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

View Detailed Peer Comparison

Revenue Growth

6.28

Lower than Peers by 0.26

Year on year growth in net sales

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
6.28
6.88
7.71
-22.32
70.06
Peer Median
6.54
34.46
54.23
33.92
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EBIT Growth

51.80

Higher than Peers by 20.98

Year on year growth in operating profit (EBIT)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
51.80
24.94
-4.41
80.39
116.93
Peer Median
30.82
78.95
59.48
199.63
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Net Profit Growth

58.59

Higher than Peers by 7.70

Year on year growth in profit after tax

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
58.59
40.18
55.12
124.73
78.10
Peer Median
50.89
99.44
110.09
137.17
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EPS Growth

34.07

Lower than Peers by 7.85

Year on year growth in earnings per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
34.07
39.58
4.73
125.35
72.93
Peer Median
41.92
127.80
132.77
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Book Value Growth

--

--

Year on year growth in book value per share

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
9.27
59.62
-13.64
0.06
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

View Detailed Peer Comparison

Debt to Equity

0.02

Higher than Peers by 0.01

Total debt / Net worth

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
0.02
0.29
0.01
0.00
0.15
Peer Median
0.01
0.44
0.58
0.50
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Short term debt to equity ratio

--

--

(Short term borrowings / Net worth)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
0.27
--
0.00
0.15
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Current Ratio

2.02

Higher than Peers by 0.44

Current Assets / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
2.02
2.02
2.22
1.92
1.90
Peer Median
1.58
1.65
1.58
1.28
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Quick Ratio

1.99

Higher than Peers by 0.58

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
1.99
1.99
2.17
1.86
1.88
Peer Median
1.41
1.80
2.07
2.29
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Interest Coverage

6.74

Higher than Peers by 0.72

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
6.74
10.48
251.68
49.47
15.18
Peer Median
6.01
5.30
4.60
4.67
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

13.15

Higher than Peers by 0.18

Debtors outstanding / Net Sales * 100

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
13.15
13.39
13.60
12.14
16.84
Peer Median
12.98
19.35
13.59
18.71
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Asset Turnover

1.30

Higher than Peers by 0.89

Sales / Average Total Assets

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
1.30
1.27
1.58
1.65
1.93
Peer Median
0.41
1.81
1.64
1.68
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Receivable days

--

--

Average Debtors / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
47.67
45.40
61.72
54.08
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Inventory Days

--

--

Average Inventory / Sales * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
4.21
4.75
3.49
2.48
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Payable days

--

--

Average Creditors / Cost of goods sold * 365

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
7,125.21
-2,886.90
--
1,336.32
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Cash Conversion Cycle

--

--

Receivable Days + Inventory Days - Payable Days

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
-7,073.34
2,937.05
65.21
-1,279.77
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

View Detailed Peer Comparison

Price / Earnings

6.14

Higher than Peers by 1.03

Current share price divided by earning per share in the last twelve months

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
6.14
5.83
21.31
15.27
23.90
Peer Median
5.10
6.79
16.00
51.38
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Price / Book Value

0.54

Higher than Peers by 0.10

Current share price divided by book value per share in the latest financial year

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
0.54
0.46
1.33
0.98
0.59
Peer Median
0.44
0.98
1.35
2.39
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Dividend Yield

--

--

Dividend per share in the past twelve months divided by current share price

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
--
--
--
--
--
Peer Median
--
--
--
--
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
EV/EBITDA

4.71

--

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
4.71
4.93
12.55
5.37
8.01
Peer Median
--
7.00
16.21
15.96
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
Market Cap

145

Higher than Peers by 2

Current Share price multiplied by latest total number of shares outstanding

Company Name
TTM
Mar-26
Mar-25
Mar-24
Mar-23
Niraj Cement
145
124
323
149
103
Peer Median
143
156
328
495
--
*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.
loading...
loading...
loading...
loading...
loading...

Mutual Fund Insight turns 24! 🎉 Get 2 FREE anniversary guides: The Right SIP + The Big Funds