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
Nitiraj Engineers Limited (NITIRAJ) - Net Assets
Latest net assets as of September 2025: ₹841.22 Million INR
Based on the latest financial reports, Nitiraj Engineers Limited (NITIRAJ) has net assets worth ₹841.22 Million INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹940.94 Million) and total liabilities (₹99.72 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹841.22 Million |
| % of Total Assets | 89.4% |
| Annual Growth Rate | 12.1% |
| 5-Year Change | 13.83% |
| 10-Year Change | 147.4% |
| Growth Volatility | 18.67 |
Nitiraj Engineers Limited - Net Assets Trend (2012–2025)
This chart illustrates how Nitiraj Engineers Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nitiraj Engineers Limited (2012–2025)
The table below shows the annual net assets of Nitiraj Engineers Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹828.11 Million | +3.95% |
| 2024-03-31 | ₹796.61 Million | +17.88% |
| 2023-03-31 | ₹675.80 Million | -0.18% |
| 2022-03-31 | ₹676.99 Million | -6.95% |
| 2021-03-31 | ₹727.52 Million | +5.12% |
| 2020-03-31 | ₹692.12 Million | +3.61% |
| 2019-03-31 | ₹668.01 Million | +9.90% |
| 2018-03-31 | ₹607.84 Million | +5.50% |
| 2017-03-31 | ₹576.16 Million | +72.13% |
| 2016-03-31 | ₹334.72 Million | +19.31% |
| 2015-03-31 | ₹280.55 Million | +17.53% |
| 2014-03-31 | ₹238.71 Million | +19.47% |
| 2013-03-31 | ₹199.81 Million | +6.47% |
| 2012-03-31 | ₹187.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nitiraj Engineers Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 208.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹548.03 Million | 66.18% |
| Common Stock | ₹102.51 Million | 12.38% |
| Other Components | ₹177.57 Million | 21.44% |
| Total Equity | ₹828.11 Million | 100.00% |
Nitiraj Engineers Limited Competitors by Market Cap
The table below lists competitors of Nitiraj Engineers Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Eonmetall Group Bhd
KLSE:7217
|
$5.85 Million |
|
Green Rise Foods Inc.
F:6VN
|
$5.85 Million |
|
Dongyang S.Tec Co.Ltd
KQ:060380
|
$5.86 Million |
|
Itway S.p.A
F:IW3
|
$5.86 Million |
|
Pilot Energy Ltd
AU:PGY
|
$5.85 Million |
|
Gyrodyne Company of America Inc
NASDAQ:GYRO
|
$5.85 Million |
|
Kane Biotech Inc
OTCQB:KNBIF
|
$5.85 Million |
|
Methanor
PA:ALMET
|
$5.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nitiraj Engineers Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 796,609,000 to 828,108,000, a change of 31,499,000 (4.0%).
- Net income of 48,310,000 contributed positively to equity growth.
- Dividend payments of 15,377,000 reduced retained earnings.
- Other comprehensive income decreased equity by 694,099,000.
- Other factors increased equity by 692,665,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹48.31 Million | +5.83% |
| Dividends Paid | ₹15.38 Million | -1.86% |
| Other Comprehensive Income | ₹-694.10 Million | -83.82% |
| Other Changes | ₹692.66 Million | +83.64% |
| Total Change | ₹- | 3.95% |
Book Value vs Market Value Analysis
This analysis compares Nitiraj Engineers Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.81x to 2.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-03-31 | ₹18.31 | ₹216.20 | x |
| 2013-03-31 | ₹19.49 | ₹216.20 | x |
| 2014-03-31 | ₹23.29 | ₹216.20 | x |
| 2015-03-31 | ₹27.37 | ₹216.20 | x |
| 2016-03-31 | ₹32.65 | ₹216.20 | x |
| 2017-03-31 | ₹56.18 | ₹216.20 | x |
| 2018-03-31 | ₹59.30 | ₹216.20 | x |
| 2019-03-31 | ₹65.17 | ₹216.20 | x |
| 2020-03-31 | ₹67.52 | ₹216.20 | x |
| 2021-03-31 | ₹70.97 | ₹216.20 | x |
| 2022-03-31 | ₹66.04 | ₹216.20 | x |
| 2023-03-31 | ₹65.93 | ₹216.20 | x |
| 2024-03-31 | ₹77.71 | ₹216.20 | x |
| 2025-03-31 | ₹80.72 | ₹216.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nitiraj Engineers Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.83%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.31%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.12x
- Recent ROE (5.83%) is below the historical average (8.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 15.15% | 9.83% | 1.08x | 1.42x | ₹9.66 Million |
| 2013 | 6.08% | 4.25% | 1.05x | 1.37x | ₹-7.84 Million |
| 2014 | 16.30% | 9.48% | 1.25x | 1.37x | ₹15.03 Million |
| 2015 | 14.91% | 9.62% | 1.17x | 1.32x | ₹13.78 Million |
| 2016 | 16.44% | 9.76% | 1.15x | 1.47x | ₹21.55 Million |
| 2017 | 7.99% | 8.60% | 0.82x | 1.13x | ₹-11.59 Million |
| 2018 | 5.01% | 7.82% | 0.61x | 1.05x | ₹-30.35 Million |
| 2019 | 9.01% | 11.17% | 0.74x | 1.09x | ₹-6.64 Million |
| 2020 | 3.48% | 5.04% | 0.61x | 1.13x | ₹-45.10 Million |
| 2021 | 4.86% | 6.62% | 0.68x | 1.08x | ₹-37.38 Million |
| 2022 | -5.21% | -8.90% | 0.51x | 1.14x | ₹-102.97 Million |
| 2023 | -0.55% | -0.80% | 0.58x | 1.18x | ₹-71.28 Million |
| 2024 | 15.11% | 11.98% | 1.11x | 1.14x | ₹40.69 Million |
| 2025 | 5.83% | 6.31% | 0.82x | 1.12x | ₹-34.50 Million |
Industry Comparison
This section compares Nitiraj Engineers Limited's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $5,637,730,000
- Average return on equity (ROE) among peers: 7.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nitiraj Engineers Limited (NITIRAJ) | ₹841.22 Million | 15.15% | 0.12x | $5.85 Million |
| Rishabh Instruments Limited (RISHABH) | $5.64 Billion | 7.03% | 0.38x | $51.13 Million |