Nirmitee Robotics India Ltd
Incorporated in 2016, Nirmitee Robotics India Ltd provides repairs and maintenance services through HVAC air duct cleaning[1]
- Market Cap ₹ 35.6 Cr.
- Current Price ₹ 98.8
- High / Low ₹ 114 / 57.0
- Stock P/E 59.3
- Book Value ₹ 14.4
- Dividend Yield 0.00 %
- ROCE 13.7 %
- ROE 11.1 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 180 to 130 days.
- Company's working capital requirements have reduced from 112 days to 76.1 days
Cons
- Stock is trading at 6.86 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.0% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 8m | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.06 | 0.70 | 2.01 | 3.26 | 3.50 | 4.16 | 5.37 | 4.99 | 8.92 | |
| 0.05 | 0.61 | 1.76 | 2.80 | 3.08 | 3.65 | 4.42 | 4.02 | 7.77 | |
| Operating Profit | 0.01 | 0.09 | 0.25 | 0.46 | 0.42 | 0.51 | 0.95 | 0.97 | 1.15 |
| OPM % | 16.67% | 12.86% | 12.44% | 14.11% | 12.00% | 12.26% | 17.69% | 19.44% | 12.89% |
| 0.00 | 0.00 | 0.00 | 0.04 | 0.02 | 0.01 | 0.01 | 0.03 | 0.05 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.08 | 0.21 | 0.24 |
| Depreciation | 0.00 | 0.04 | 0.08 | 0.06 | 0.07 | 0.06 | 0.08 | 0.15 | 0.17 |
| Profit before tax | 0.01 | 0.05 | 0.17 | 0.44 | 0.34 | 0.43 | 0.80 | 0.64 | 0.79 |
| Tax % | 0.00% | 60.00% | 29.41% | 25.00% | 29.41% | 25.58% | 22.50% | 23.44% | 24.05% |
| 0.01 | 0.02 | 0.13 | 0.33 | 0.23 | 0.33 | 0.63 | 0.49 | 0.60 | |
| EPS in Rs | 1.00 | 2.00 | 13.00 | 1.27 | 0.64 | 0.92 | 1.75 | 1.36 | 1.67 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 29% |
| TTM: | 79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 22% |
| TTM: | 22% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | -1% |
| 1 Year: | 18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 11% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.02 | 0.43 | 0.60 | 0.60 | 3.60 | 3.60 | 3.60 |
| Reserves | 0.01 | 0.53 | 0.21 | 0.33 | 3.63 | 3.95 | 1.57 | 2.02 | 1.59 |
| 0.08 | 0.33 | 1.83 | 1.76 | 0.01 | -0.01 | 1.22 | 2.56 | 1.71 | |
| 0.02 | 0.18 | 0.30 | 0.41 | 0.60 | 0.55 | 1.79 | 0.78 | 0.66 | |
| Total Liabilities | 0.12 | 1.06 | 2.36 | 2.93 | 4.84 | 5.09 | 8.18 | 8.96 | 7.56 |
| 0.06 | 0.24 | 0.16 | 0.17 | 0.26 | 0.29 | 0.42 | 0.77 | 0.63 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.07 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.60 | 0.00 | 0.00 |
| 0.06 | 0.82 | 2.20 | 2.69 | 4.57 | 4.79 | 7.16 | 8.19 | 6.93 | |
| Total Assets | 0.12 | 1.06 | 2.36 | 2.93 | 4.84 | 5.09 | 8.18 | 8.96 | 7.56 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.02 | -0.06 | -1.29 | 0.56 | -1.82 | 0.45 | 0.16 | 2.00 | -0.41 | |
| -0.06 | -0.22 | 0.02 | -0.10 | -0.07 | -0.08 | -1.35 | -2.16 | 2.53 | |
| 0.09 | 0.75 | 1.00 | 0.13 | 1.46 | -0.04 | 1.00 | 0.10 | -1.07 | |
| Net Cash Flow | 0.04 | 0.47 | -0.27 | 0.58 | -0.44 | 0.32 | -0.18 | -0.06 | 1.05 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 104.29 | 292.36 | 116.44 | 219.00 | 165.83 | 233.14 | 175.55 | 130.12 |
| Inventory Days | 50.34 | 473.72 | 54.58 | ||||||
| Days Payable | 222.36 | 155.32 | 0.00 | ||||||
| Cash Conversion Cycle | 0.00 | 104.29 | 292.36 | 116.44 | 219.00 | 165.83 | 61.13 | 493.96 | 184.70 |
| Working Capital Days | -182.50 | 62.57 | 277.84 | 119.80 | 232.56 | 193.91 | 147.50 | 113.38 | 76.11 |
| ROCE % | 10.20% | 11.56% | 18.34% | 10.95% | 10.48% | 16.10% | 11.67% | 13.66% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
6 Sep - Of Newspaper Publication for 9th annual General meeting of the Company
- Intimation For Record Date Of 9Th Annual General Meeting 5 Sep
-
Intimation For Book Closure Of 9Th Annual General Meeting
5 Sep - Book closure Sept 23–29, 2025 for 9th AGM on Sept 30, 2025; paid-up capital INR3,60,11,880.
- Reg. 34 (1) Annual Report. 5 Sep
-
Intimation Of Notice For Annual General Meeting
5 Sep - AGM on 30 Sep 2025; reappoint directors; approve Rs24L p.a. commission and Rs12L p.a. WTD pay; FY25 results.
Business Overview:[1][2]
Company is registered on BSE SME Startup Portal as a HVAC Air Duct Cleaning company. It specializes in Ozone treatment and Sterilization of HVAC Air Ducts and has developed its own patented, air duct inspection and air duct cleaning robots. It services Offices, Hotels, Convention Centers, Hospitals, Train and Bus Coaches, Aircraft and specialize in Buildings that house Sensitive Equipment, like Data Centers and Operation Theaters. Company uses its patented Air Duct Inspection Robots to survey HVAC Air Ducts, and then use a variety of patented HVAC Duct Cleaning Robots to Scrub, Scrape, Vacuum, Clean and Sterilize your HVAC Air Ducts. Company has offices in India, Hong Kong, and Dubai