Nitiraj Engineers Ltd
Nitiraj Engineers is engaged in the business of manufacturing and selling of a variety of Electronic Weighing Scales, Currency Counting Machines, Taxi Fare Meters etc.(Source : 201903 Annual Report Page No:100)
- Market Cap ₹ 49.0 Cr.
- Current Price ₹ 47.8
- High / Low ₹ 68.0 / 47.8
- Stock P/E 25.4
- Book Value ₹ 67.8
- Dividend Yield 0.00 %
- ROCE 4.43 %
- ROE 2.83 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.71 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 1.92% over past five years.
- Company has a low return on equity of 5.63% for last 3 years.
- Earnings include an other income of Rs.1.88 Cr.
Peer comparison
Sector: Electronics Industry: Electronics - Components
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Mar 2019 | Dec 2019 | Mar 2020 | |
---|---|---|---|
37.31 | 26.00 | 21.87 | |
29.91 | 23.75 | 20.52 | |
Operating Profit | 7.40 | 2.25 | 1.35 |
OPM % | 19.83% | 8.65% | 6.17% |
Other Income | 0.78 | 0.05 | 1.83 |
Interest | 0.07 | 0.18 | 0.27 |
Depreciation | 0.64 | 0.56 | 0.86 |
Profit before tax | 7.47 | 1.56 | 2.05 |
Tax % | 28.51% | 25.00% | 31.22% |
Net Profit | 5.34 | 1.17 | 1.41 |
EPS in Rs | 5.18 | 1.14 | 1.38 |
Notes | Notes | Notes |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
27.05 | 28.93 | 28.59 | 41.02 | 43.51 | 61.06 | 58.84 | 38.80 | 53.88 | 47.86 | |
24.59 | 24.47 | 26.18 | 35.33 | 37.36 | 52.48 | 50.89 | 35.02 | 45.22 | 44.26 | |
Operating Profit | 2.46 | 4.46 | 2.41 | 5.69 | 6.15 | 8.58 | 7.95 | 3.78 | 8.66 | 3.60 |
OPM % | 9.09% | 15.42% | 8.43% | 13.87% | 14.13% | 14.05% | 13.51% | 9.74% | 16.07% | 7.52% |
Other Income | 0.00 | 0.07 | 0.09 | 0.16 | 0.36 | 0.15 | 0.31 | 2.26 | 1.19 | 1.88 |
Interest | 0.00 | 0.36 | 0.33 | 0.05 | 0.30 | 0.74 | 0.51 | 0.05 | 0.11 | 0.45 |
Depreciation | 0.00 | 0.49 | 0.54 | 0.57 | 0.67 | 0.95 | 0.90 | 1.75 | 1.26 | 1.42 |
Profit before tax | 2.46 | 3.68 | 1.63 | 5.23 | 5.54 | 7.04 | 6.85 | 4.24 | 8.48 | 3.61 |
Tax % | 24.80% | 22.83% | 25.77% | 25.62% | 24.55% | 23.86% | 32.85% | 27.59% | 28.54% | 28.25% |
Net Profit | 1.86 | 2.84 | 1.21 | 3.89 | 4.18 | 5.36 | 4.60 | 3.07 | 6.07 | 2.59 |
EPS in Rs | 14.31 | 21.85 | 9.31 | 29.92 | 32.15 | 7.15 | 4.47 | 2.98 | 5.89 | 2.53 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.57% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | -7% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | -14% |
3 Years: | -25% |
TTM: | -66% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -5% |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 6% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 6.00 | 8.20 | 8.20 | 8.20 | 10.25 | |
Reserves | 14.30 | 17.77 | 18.98 | 22.87 | 27.06 | 25.63 | 49.42 | 52.61 | 58.68 | 59.22 |
Borrowings | 2.20 | 3.05 | 1.22 | 0.25 | 2.02 | 7.19 | 0.00 | 0.00 | 0.00 | 5.35 |
4.75 | 4.86 | 6.10 | 8.58 | 6.98 | 6.33 | 7.55 | 3.28 | 5.99 | 3.89 | |
Total Liabilities | 22.25 | 26.68 | 27.30 | 32.70 | 37.06 | 45.15 | 65.17 | 64.09 | 72.87 | 78.71 |
9.99 | 10.93 | 10.84 | 11.62 | 12.20 | 8.73 | 10.80 | 12.50 | 26.80 | 37.53 | |
CWIP | 0.10 | 0.10 | 0.10 | 0.00 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 1.01 | 22.01 | 24.69 | 2.01 | 2.01 |
12.15 | 15.64 | 16.35 | 21.07 | 24.35 | 35.41 | 32.36 | 26.90 | 44.06 | 39.17 | |
Total Assets | 22.25 | 26.68 | 27.30 | 32.70 | 37.06 | 45.15 | 65.17 | 64.09 | 72.87 | 78.71 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 1.19 | 2.61 | 5.69 | -2.94 | -4.29 | -4.96 | -2.80 | 15.86 | 9.90 | |
0.00 | -1.43 | -0.45 | -1.25 | -1.76 | -0.80 | -2.97 | -3.33 | -15.61 | -10.90 | |
0.00 | 0.24 | -2.16 | -1.02 | 1.48 | 5.17 | 14.82 | 0.00 | -0.06 | 4.62 | |
Net Cash Flow | 0.00 | 0.01 | 0.01 | 3.42 | -3.21 | 0.07 | 6.90 | -6.14 | 0.19 | 3.62 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 20.55% | 9.11% | 23.30% | 21.55% | 22.58% | 15.26% | 7.26% | 12.77% | 4.43% | |
Debtor Days | 43.31 | 79.86 | 84.00 | 61.57 | 52.09 | 62.23 | 33.62 | 39.42 | 104.19 | 74.13 |
Inventory Turnover | 2.26 | 2.35 | 3.24 | 2.25 | 1.69 | 1.70 | 1.73 | 1.80 | 1.66 |
Documents
Add documentRecent announcements
- Related Party Transactions Dec. 8, 2020
- Investor Presentation Nov. 25, 2020
- Financial Result Updates Nov. 14, 2020
- Updates Nov. 11, 2020
- Updates Nov. 3, 2020
View all