Nirmitee Robotics India Ltd
Incorporated in 2016, Nirmitee Robotics India Ltd provides repairs and maintenance services through HVAC air duct cleaning[1]
- Market Cap ₹ 32.4 Cr.
- Current Price ₹ 90.0
- High / Low ₹ 114 / 57.0
- Stock P/E 54.0
- Book Value ₹ 14.4
- Dividend Yield 0.00 %
- ROCE 14.7 %
- ROE 12.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 173 to 130 days.
- Company's working capital requirements have reduced from 148 days to 76.1 days
Cons
- Stock is trading at 6.24 times its book value
- Company has a low return on equity of 1.83% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 3.50 | 4.16 | 5.38 | 6.02 | 8.92 | |
| 3.08 | 3.65 | 4.44 | 6.47 | 7.77 | |
| Operating Profit | 0.42 | 0.51 | 0.94 | -0.45 | 1.15 |
| OPM % | 12.00% | 12.26% | 17.47% | -7.48% | 12.89% |
| 0.02 | 0.01 | 0.02 | 0.03 | 0.05 | |
| Interest | 0.03 | 0.03 | 0.08 | 0.23 | 0.24 |
| Depreciation | 0.07 | 0.06 | 0.08 | 0.17 | 0.17 |
| Profit before tax | 0.34 | 0.43 | 0.80 | -0.82 | 0.79 |
| Tax % | 29.41% | 25.58% | 22.50% | 18.29% | 24.05% |
| 0.23 | 0.33 | 0.63 | -0.97 | 0.60 | |
| EPS in Rs | 0.64 | 0.92 | 1.75 | -2.69 | 1.67 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 29% |
| TTM: | 48% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 22% |
| TTM: | 162% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 8% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 2% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.60 | 3.60 | 3.60 | 3.60 | |
| Reserves | 3.95 | 1.58 | 0.53 | 1.59 | |
| -0.01 | 1.30 | 2.95 | 1.71 | ||
| 0.55 | 1.78 | 0.78 | 0.66 | ||
| Total Liabilities | 5.09 | 8.26 | 7.86 | 7.56 | |
| 0.29 | 0.84 | 0.83 | 0.63 | ||
| CWIP | 0.01 | 0.00 | 0.00 | 0.00 | |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | |
| 4.79 | 7.42 | 7.03 | 6.93 | ||
| Total Assets | 5.09 | 8.26 | 7.86 | 7.56 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 0.45 | -0.57 | 2.00 | 1.84 | ||
| -0.08 | -0.61 | -2.16 | 0.28 | ||
| -0.04 | 1.00 | 0.10 | -1.07 | ||
| Net Cash Flow | 0.32 | -0.18 | -0.06 | 1.05 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 165.83 | 232.70 | 157.03 | 130.12 | |
| Inventory Days | 50.34 | 473.72 | 54.58 | ||
| Days Payable | 222.36 | 155.32 | 0.00 | ||
| Cash Conversion Cycle | 165.83 | 60.69 | 475.44 | 184.70 | |
| Working Capital Days | 193.91 | 228.63 | 138.85 | 76.11 | |
| ROCE % | 15.97% | -8.70% | 14.74% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Jul - Compliance certificate under regulation 74(5) for Quarter ended June 2025
- Revised Financial Results For Half Year And Year Ended 31St March 2025 21 Jun
-
Submission Of Standalone And Consolidated Statement On Impact Of Audit Qualification For The Financial Year Ended March 31St 2025.
13 Jun - Declaration of unmodified auditor reports and submission of audit impact statements for FY2025.
-
Announcement under Regulation 30 (LODR)-Change in Management
28 May - Appointment of M/s Avinash Gandhewar & Associates as Secretarial Auditor for FY 2024-25.
- Pursuant To Regulation 33 Read With Regulation 30 Of SEBI (LODR) Regulations 2015, The Audited Standalone And Consolidated Financial Results Set Out In Compliance With Applicable Accounting Standards For The Half Year And Year Ended March 31St 2025, Duly Approved By The Board Of Company At Their Meeting Held Today I.E. 27Th May 2025 Together With Statement Of Assets And Liabilities And Auditor'S Report Thereon Are Enclosed. The Board Meeting Commenced At 03:00 PM And Concluded At 07:30 PM 27 May
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