# Nitiraj Engineers (NSE: NITIRAJ) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/NITIRAJ · Pivot · prices to 22 Oct 2026

Nitiraj Engineers (NSE: NITIRAJ) closed at ₹198.00 on 22 Oct 2026, up 0.51% on the day. With a market capitalisation of ₹203 Cr, it ranks 2263rd by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Capital Goods sector; its industry is Scientific & Technical Instruments.

At its last close the stock traded at 192.2× trailing earnings, against a return on equity of −0.3% in FY23. Over the past year the share price has risen 0.5%. Its 52-week range is ₹168.00 (1 Jun 2026) to ₹241.00 (4 Sep 2026); the last close is 17.8% below the high. In Q4 FY23, the quarter ended 31 Mar 2023, revenue was ₹11 Cr (−16.3% year on year) and net profit ₹0 Cr, on a consolidated basis. Promoters held 69.07% of the company as of 30 Jun 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Last close | ₹198.00 |
| Market cap | ₹203 Cr |
| P/E (trailing) | 192.2 |
| ROE | −0.3% (FY23) |
| ROCE | 0.5% (FY23) |
| Debt to equity | 0.04 |
| 52-week high | ₹241.00 (4 Sep 2026) |
| 52-week low | ₹168.00 (1 Jun 2026) |
| 1-year return | +0.5% |

## Quarterly results (₹ crore, consolidated)

| Quarter | Revenue | Revenue YoY | Net profit | Net profit YoY | EPS (₹) |
| --- | --- | --- | --- | --- | --- |
| Q4 FY23 | ₹11 Cr | −16.3% | ₹0 Cr | — | ₹0.02 |
| Q3 FY23 | ₹11 Cr | −7.4% | ₹0 Cr | +211.1% | ₹0.35 |
| Q2 FY23 | ₹16 Cr | +80.5% | −₹0 Cr | — | −₹0.28 |
| Q1 FY23 | ₹8 Cr | +50.3% | −₹0 Cr | — | −₹0.29 |
| Q4 FY22 | ₹14 Cr | −16.3% | −₹3 Cr | — | −₹3.03 |
| Q3 FY22 | ₹12 Cr | −37.0% | ₹0 Cr | −97.5% | ₹0.08 |
| Q2 FY22 | ₹9 Cr | −24.6% | −₹0 Cr | −107.2% | −₹0.08 |
| Q1 FY22 | ₹5 Cr | −22.8% | −₹0 Cr | — | −₹0.40 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY23 | ₹46 Cr | −₹0 Cr |
| FY22 | ₹40 Cr | −₹3 Cr |
| FY21 | ₹54 Cr | ₹4 Cr |
| FY20 | ₹48 Cr | ₹3 Cr |
| FY19 | ₹54 Cr | ₹6 Cr |
| FY18 | ₹39 Cr | ₹3 Cr |

## Shareholding (30 Jun 2026)

- Promoters: 69.07%
- Non-institutions: 30.93%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Maheshwari Logistics](https://app.pivotnow.in/stock/MAHESHWARI) | ₹70.00 | ₹207 Cr | 12.3 | — |
| [National Standard (India)](https://app.pivotnow.in/stock/NATIONSTD) | ₹103.00 | ₹206 Cr | — | — |
| [Admach Systems](https://app.pivotnow.in/stock/ADMACH) | — | ₹203 Cr | — | — |
| [Candour Techtex](https://app.pivotnow.in/stock/CANDOUR) | — | ₹203 Cr | — | — |
| [Star Delta Tran](https://app.pivotnow.in/stock/STARDELTA) | — | ₹198 Cr | — | — |
| [Simmonds-Marsha](https://app.pivotnow.in/stock/SIMMOND) | — | ₹198 Cr | — | — |

## Questions and answers

### What is the share price of Nitiraj Engineers today?

Nitiraj Engineers (NSE: NITIRAJ) last closed at ₹198.00 on 22 Oct 2026. Its 52-week high is ₹241.00 and its 52-week low is ₹168.00.

### What is the market cap of Nitiraj Engineers?

Nitiraj Engineers' market capitalisation is ₹203 Cr (₹203 Cr) at the 22 Oct 2026 close, ranking 2263rd among the NSE companies Pivot tracks.

### What is the P/E ratio of Nitiraj Engineers?

Nitiraj Engineers trades at a trailing P/E of 192.2.

### What is the ROE and ROCE of Nitiraj Engineers?

Return on equity was −0.3% in FY23 and return on capital employed was 0.5% in FY23 (consolidated figures).

### Is Nitiraj Engineers a debt-free company?

Nitiraj Engineers is close to debt-free: its debt-to-equity ratio was 0.04 in FY23.

### What were Nitiraj Engineers' latest quarterly results?

For Q4 FY23 (quarter ended 31 Mar 2023), Nitiraj Engineers reported revenue of ₹11 Cr, −16.3% year on year, and net profit of ₹0 Cr.

### How has Nitiraj Engineers stock performed over the last year?

Nitiraj Engineers' share price has risen 0.5% over the past year, −11.6% over three months and −12.6% over one month, to the 22 Oct 2026 close.

### What is the shareholding pattern of Nitiraj Engineers?

As of 30 Jun 2026: promoters 69.07%, non-institutions 30.93%.

### Who are Nitiraj Engineers' competitors?

The listed Capital Goods companies closest to Nitiraj Engineers by market cap are Maheshwari Logistics, National Standard (India), Admach Systems, Candour Techtex, Star Delta Tran and Simmonds-Marsha.

### Is Nitiraj Engineers a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Nitiraj Engineers' price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on NITIRAJ against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.