Nitiraj Engineers Limited (NSE:NITIRAJ) — Market Cap & Net Worth
Market Cap & Net Worth: Nitiraj Engineers Limited (NITIRAJ)
Nitiraj Engineers Limited (NSE:NITIRAJ) has a market capitalization of $23.32 Million (Rs2.16 Billion) as of May 3, 2026. Listed on the NSE stock exchange, this India-based company holds position #24549 globally and #1363 in its home market, demonstrating a 2.64% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nitiraj Engineers Limited's stock price Rs210.33 by its total outstanding shares 10251000 (10.25 Million). Analyse Nitiraj Engineers Limited (NITIRAJ) cash flow conversion to see how efficiently the company converts income to cash.
Nitiraj Engineers Limited Market Cap History: 2017 to 2026
Nitiraj Engineers Limited's market capitalization history from 2017 to 2026. Data shows growth from $7.57 Million to $23.32 Million (12.75% CAGR).
Nitiraj Engineers Limited Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nitiraj Engineers Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.03x
Nitiraj Engineers Limited's market cap is 0.03 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.43x
Nitiraj Engineers Limited's market cap is 0.43 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2017 | $7.57 Million | $534.93 Million | $46.03 Million | 0.01x | 0.16x |
| 2018 | $4.41 Million | $389.36 Million | $30.44 Million | 0.01x | 0.14x |
| 2019 | $7.60 Million | $538.84 Million | $60.16 Million | 0.01x | 0.13x |
| 2020 | $6.35 Million | $478.64 Million | $24.11 Million | 0.01x | 0.26x |
| 2021 | $8.59 Million | $533.98 Million | $35.37 Million | 0.02x | 0.24x |
| 2022 | $8.41 Million | $396.26 Million | -$35.27 Million | 0.02x | N/A |
| 2023 | $13.10 Million | $460.80 Million | -$3.71 Million | 0.03x | N/A |
| 2024 | $25.16 Million | $1.00 Billion | $120.36 Million | 0.03x | 0.21x |
| 2025 | $20.71 Million | $765.17 Million | $48.31 Million | 0.03x | 0.43x |
Competitor Companies of NITIRAJ by Market Capitalization
Companies near Nitiraj Engineers Limited in the global market cap rankings as of May 3, 2026.
Key companies related to Nitiraj Engineers Limited by market ranking:
- Coherent Inc (NYSE:COHR): Ranked #490 globally with a market cap of $53.28 Billion USD.
- Garmin Ltd (NYSE:GRMN): Ranked #559 globally with a market cap of $46.66 Billion USD.
- Garmin Ltd (F:GEY): Ranked #657 globally with a market cap of $40.34 Billion USD ( €34.50 Billion EUR).
- Keysight Technologies Inc (NYSE:KEYS): Ranked #736 globally with a market cap of $35.96 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #490 | Coherent Inc | NYSE:COHR | $53.28 Billion | $329.50 |
| #559 | Garmin Ltd | NYSE:GRMN | $46.66 Billion | $242.42 |
| #657 | Garmin Ltd | F:GEY | $40.34 Billion | €212.10 |
| #736 | Keysight Technologies Inc | NYSE:KEYS | $35.96 Billion | $352.41 |
Nitiraj Engineers Limited Historical Marketcap From 2017 to 2026
Between 2017 and today, Nitiraj Engineers Limited's market cap moved from $7.57 Million to $ 23.32 Million, with a yearly change of 12.75%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Rs23.32 Million | +12.58% |
| 2025 | Rs20.71 Million | -17.69% |
| 2024 | Rs25.16 Million | +92.11% |
| 2023 | Rs13.10 Million | +55.83% |
| 2022 | Rs8.41 Million | -2.12% |
| 2021 | Rs8.59 Million | +35.33% |
| 2020 | Rs6.35 Million | -16.52% |
| 2019 | Rs7.60 Million | +72.50% |
| 2018 | Rs4.41 Million | -41.83% |
| 2017 | Rs7.57 Million | -- |
End of Day Market Cap According to Different Sources
On May 3rd, 2026 the market cap of Nitiraj Engineers Limited was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $23.32 Million USD |
| MoneyControl | $23.32 Million USD |
| MarketWatch | $23.32 Million USD |
| marketcap.company | $23.32 Million USD |
| Reuters | $23.32 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Nitiraj Engineers Limited
Nitiraj Engineers Limited manufactures and sells various electronic weighing scales, currency counting machines, and taxi fare meters for industrial and domestic sectors in India and internationally. The company operates through Electronic Weighing Scales & Systems; Electronic Currency Counting Machines; Digital Fare Meters; Home & Hotel Automation; and Mechanical Scales. It offers jewelry, table… Read more