Niraj Cement Key Ratios

Stock Card

NSE: NIRAJ | BSE: 532986

₹27.85

₹0.16 (0.58%)

As on 14-Oct-2026 12:51IST

Market cap

₹166 Cr

Revenue (TTM)

₹552 Cr

P/E Ratio

P/B Ratio

0.6

Div. Yield

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)
Particulars	3-Years	5-Years	TTM	Mar-26	Mar-25
EBIT-Margin	3.00	2.22	3.46	3.12	2.67
Net Margin	3.00	2.03	4.15	3.80	2.93
Return on equity	7.46	5.13	9.10	8.30	7.62
Return on Capital	9.69	6.74	--	10.74	10.11
Return on Assets	4.50	3.06	5.57	4.97	4.71
Debt to Equity (x)	--	--	0.02	0.29	0.01

Profitability

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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 1.72

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	10.82	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 0.66

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	4.90	8.26	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 6.99

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	10.45	23.64	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

Higher than Peers by 0.16

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	4.00	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

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Revenue Growth

6.28

Lower than Peers by 0.17

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	6.45	34.34	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 18.43

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	33.37	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 7.63

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	41.70	122.99	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

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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	0.61	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	1.49	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 0.63

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	6.11	4.50	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

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Debtors to sales

13.15

Higher than Peers by 0.62

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	12.53	19.97	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 0.87

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	0.42	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

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Price / Earnings

7.03

Lower than Peers by 0.81

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	7.03	5.83	21.31	15.27	23.90
Peer Median	7.84	10.40	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

0.62

Higher than Peers by 0.06

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	0.62	0.46	1.33	0.98	0.59
Peer Median	0.56	1.22	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

5.23

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	5.23	4.93	12.55	5.37	8.01
Peer Median	--	7.25	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

166

Higher than Peers by 5

Current Share price multiplied by latest total number of shares outstanding

Company Name	TTM	Mar-26	Mar-25	Mar-24	Mar-23
Niraj Cement	166	124	323	149	103
Peer Median	161	159	328	495	--

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