Nirmitee Robotics India Ltd
Incorporated in 2016, Nirmitee Robotics India
Ltd provides HVAC Air Duct Cleaning Services[1]
- Market Cap ₹ 45.0 Cr.
- Current Price ₹ 125
- High / Low ₹ 131 / 74.7
- Stock P/E 37.8
- Book Value ₹ 16.4
- 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 7.62 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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.06 | 0.70 | 2.01 | 3.26 | 3.50 | 4.16 | 5.37 | 4.99 | 8.92 | 12.21 | |
| 0.05 | 0.61 | 1.76 | 2.80 | 3.08 | 3.65 | 4.42 | 4.02 | 7.77 | 10.41 | |
| Operating Profit | 0.01 | 0.09 | 0.25 | 0.46 | 0.42 | 0.51 | 0.95 | 0.97 | 1.15 | 1.80 |
| OPM % | 16.67% | 12.86% | 12.44% | 14.11% | 12.00% | 12.26% | 17.69% | 19.44% | 12.89% | 14.74% |
| 0.00 | 0.00 | 0.00 | 0.04 | 0.02 | 0.01 | 0.01 | 0.03 | 0.05 | 0.04 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.03 | 0.08 | 0.21 | 0.24 | 0.10 |
| Depreciation | 0.00 | 0.04 | 0.08 | 0.06 | 0.07 | 0.06 | 0.08 | 0.15 | 0.17 | 0.15 |
| Profit before tax | 0.01 | 0.05 | 0.17 | 0.44 | 0.34 | 0.43 | 0.80 | 0.64 | 0.79 | 1.59 |
| 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 | 1.19 | |
| EPS in Rs | 1.00 | 2.00 | 13.00 | 1.27 | 0.64 | 0.92 | 1.75 | 1.36 | 1.67 | 3.31 |
| 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: | 174% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 22% |
| TTM: | 982% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 6% |
| 1 Year: | 51% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.02 | 0.02 | 0.43 | 0.60 | 0.60 | 3.60 | 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 | 2.31 |
| 0.08 | 0.33 | 1.83 | 1.76 | 0.01 | -0.01 | 1.22 | 2.56 | 1.71 | 0.70 | |
| 0.02 | 0.18 | 0.30 | 0.41 | 0.60 | 0.55 | 1.79 | 0.78 | 0.66 | 0.80 | |
| Total Liabilities | 0.12 | 1.06 | 2.36 | 2.93 | 4.84 | 5.09 | 8.18 | 8.96 | 7.56 | 7.41 |
| 0.06 | 0.24 | 0.16 | 0.17 | 0.26 | 0.29 | 0.42 | 0.77 | 0.63 | 0.56 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.07 | 0.01 | 0.01 | 0.00 | 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 | 1.35 |
| 0.06 | 0.82 | 2.20 | 2.69 | 4.57 | 4.79 | 7.16 | 8.19 | 6.93 | 5.50 | |
| Total Assets | 0.12 | 1.06 | 2.36 | 2.93 | 4.84 | 5.09 | 8.18 | 8.96 | 7.56 | 7.41 |
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 |
| Free Cash Flow | -0.04 | -0.28 | -1.30 | 0.45 | -1.91 | 0.36 | -0.03 | 1.50 | -0.44 |
| CFO/OP | 200% | -33% | -492% | 146% | -412% | 110% | 36% | 223% | -18% |
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% |
Insights
In beta| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Revenue from Sale of Robots INR Lakhs |
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| Service Revenue (Standalone) INR Lakhs |
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| Trade Receivables Turnover Ratio Ratio |
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| Number of Permanent Employees Count |
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Extracted by Screener AI
Documents
Announcements
-
Board Meeting Outcome for Intimation Of Appointment Of Secretarial Auditor Pursuant To Provisions Of Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirement), Regulation, 2015.
24h - Board appointed M/s Avinash Gandhewar & Associates as Secretarial Auditor for FY 2025-26 on April 21, 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
1d - Board appointed M/s Avinash Gandhewar & Associates as Secretarial Auditor for FY 2025-26 on 21 April 2026.
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Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
1d - Annual disclosure confirms company is not a large corporate for FY 2025-26.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Company confirms it is not a Large Corporate under SEBI debt disclosure norms.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Submitted Regulation 74(5) certificate for quarter ended March 31, 2026.
Business Overview:[1]
NRIL is a BSE SME startup portal registered
HVAC Air Duct Cleaning Company based in
Nagpur, with offices around the world. The
company specializes in Ozone treatment
and Sterilization of HVAC Air Ducts. It has developed its own patented, air duct inspection and air duct cleaning robots.