Nirmitee Robotics India Ltd

Nirmitee Robotics India Ltd

₹ 125 -3.10%
23 Mar 2026
About

Incorporated in 2016, Nirmitee Robotics India
Ltd provides HVAC Air Duct Cleaning Services[1]

Key Points

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.

  • 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.

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025
0.99 2.27 0.84 2.66 1.43 2.73 1.53 3.84 1.40 3.59 0.86 8.07 4.14
0.94 1.86 1.19 1.90 1.72 1.94 1.29 3.19 0.80 3.21 0.48 7.28 3.13
Operating Profit 0.05 0.41 -0.35 0.76 -0.29 0.79 0.24 0.65 0.60 0.38 0.38 0.79 1.01
OPM % 5.05% 18.06% -41.67% 28.57% -20.28% 28.94% 15.69% 16.93% 42.86% 10.58% 44.19% 9.79% 24.40%
0.03 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.08 -0.05 0.02 0.03 0.01
Interest 0.00 0.00 0.02 0.01 0.01 0.02 0.02 0.02 0.11 0.10 0.18 0.07 0.03
Depreciation 0.02 0.04 0.03 0.04 0.03 0.03 0.04 0.04 0.08 0.08 0.09 0.08 0.07
Profit before tax 0.06 0.38 -0.39 0.72 -0.32 0.75 0.19 0.60 0.49 0.15 0.13 0.67 0.92
Tax % 16.67% 26.32% 0.00% 13.89% 0.00% 14.67% 10.53% 26.67% -2.04% 100.00% 0.00% 29.85% 21.74%
0.05 0.28 -0.39 0.62 -0.33 0.65 0.18 0.45 0.50 -0.01 0.12 0.47 0.72
EPS in Rs 5.00 1.08 -1.08 1.72 -0.92 1.81 0.50 1.25 1.39 -0.03 0.33 1.31 2.00
Raw PDF

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

Log in to view insights

Please log in to see hidden values.

Login
Service Revenue (Standalone)
INR Lakhs
Trade Receivables Turnover Ratio
Ratio
Number of Permanent Employees
Count

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
70.81% 70.81% 70.81% 70.81% 70.81% 70.81% 70.81% 70.81% 70.81% 70.81% 70.81% 70.81%
29.19% 29.19% 29.19% 29.19% 29.20% 29.20% 29.20% 29.19% 29.19% 29.19% 29.19% 29.20%
No. of Shareholders 4047457811010299111114119118121

Documents