Nirmitee Robotics India Ltd
Incorporated in 2016, Nirmitee Robotics India Ltd provides repairs and maintenance services through HVAC air duct cleaning[1]
- Market Cap ₹ 29.9 Cr.
- Current Price ₹ 83.0
- High / Low ₹ 144 / 57.0
- Stock P/E 49.8
- 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 202 days to 124 days
Cons
- Stock is trading at 5.76 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.
Peer comparison
Sector: Miscellaneous Industry: Miscellaneous
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: | 18% |
| 3 Years: | 0% |
| 1 Year: | -45% |
| 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 | 0.38 | |||
| -0.08 | -0.61 | -0.53 | |||
| -0.04 | 1.00 | 0.08 | |||
| Net Cash Flow | 0.32 | -0.18 | -0.07 |
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 | 192.15 | 245.59 | 235.25 | 124.39 | |
| ROCE % | 15.97% | -8.70% | 14.74% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
5m - 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 23h
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Board Meeting Outcome for Outcome Of Board Meeting & Submission Of Audited Standalone And Consolidated Financial Results For The Half Year And Year Ended March 31St 2025.
23h - Audited standalone and consolidated financial results for half year and year ended March 31, 2025 approved and submitted.
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 And 30 Of The SEBI (LODR) Regulations, 2015.
21 May - Board meeting on May 27, 2025, to approve FY25 audited financial results.
-
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
30 Apr - Nirmitee Robotics confirms it is not a large corporate under SEBI norms for FY 2024-25.
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