About Nitiraj Engineers Limited
Data last updated: 14 July 2026
Nitiraj Engineers Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in industrial testing and measurement equipment, a part of the broader machinery and industrial equipment sector. Incorporated on 01 April 1999, the company has been in operation for over 27 years.
Registered with ROC Mumbai under CIN L31909MH1999PLC119231. Listed on NSE: NITIRAJ.
Capital: an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.25 Cr. Formerly known as Nitiraj Engineers Private Limited. It is led by directors including Pranit Anil Bangad and Deepam Pradeep Shah.
Last AGM: 23 September 2025. Financial statements filed for year ended 31 March 2025. Office: 306 A Babha Bldgn M Marg Near Police Station, Mumbai, Maharashtra, India – 400011.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹46.41 Cr, a decline of 39.35% compared to the previous year. The net worth stands at ₹82.34 Cr (down 0.57% YoY). Total assets are valued at ₹93.16 Cr (up 0.17% YoY).
The company has a workforce of approximately 268 employees as per the latest available data.
The company is associated with 1 brand - Nitiraj Engineers. As per MCA filings, the company has open charges of ₹33.9 Cr and satisfied charges of ₹6.45 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitiraj.net.
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EmailLocked
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Website
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Social Media
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Registered Address306 A Babha Bldgn M Marg Near Police Station, Mumbai, Maharashtra, India – 400011
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IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Nitiraj Engineers Limited
Nitiraj Engineers Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31909MH1999PLC119231, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31909MH1999PLC119231 | Current |
| U31909MH1999PLC119231 | Previous |
| U31909MH1999PTC119231 | Previous |
Associated Brands with Nitiraj Engineers Limited
Nitiraj Engineers Limited operates one associated brand: Nitiraj Engineers. These brands represent Nitiraj Engineers Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Electronic weighing scales, fare meters, and currency counters are manufactured. | nitiraj.net |
Business Activity of Nitiraj Engineers Limited
Nitiraj Engineers Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details for Nitiraj Engineers Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Nitiraj Engineers Limited
Nitiraj Engineers Limited is audited by SHARP AARTH & CO LLP (ICAI peer reviewed, certificate valid till 2028-01-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| SHARP AARTH & CO LLP (ICAI peer reviewed, certificate valid till 2028-01-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nitiraj Engineers Limited
Nitiraj Engineers Limited is currently managed by 8 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Pranit Anil Bangad
Also directs:
Nitiraj Engineers Limited
|
Director | 06 Jan 2022 | 4 Years 7 Months | Current |
|
Deepam Pradeep Shah
Also directs:
Nitiraj Engineers Limited
|
Director | 06 Jan 2022 | 4 Years 7 Months | Current |
|
Rajesh Raghunath Bhatwal
Also directs:
Nitiraj Engineers Limited
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Managing Director | 27 Apr 1999 | 27 Years 4 Months | Current |
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Shakuntala Rajesh Bhatwal
Also directs:
Nitiraj Engineers Limited
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Whole-Time Director | 27 Apr 1999 | 27 Years 4 Months | Current |
|
Yi Hung Sin
Also directs:
Nitiraj Engineers Limited
|
Whole-Time Director | 01 Jul 2003 | 23 Years 2 Months | Current |
|
Anil Nandkishor Bangad
Also directs:
Nitiraj Engineers Limited
|
Director | 12 Feb 2025 | 1 Years 6 Months | Current |
Financials of Nitiraj Engineers Limited FY 2026 filings available
Nitiraj Engineers Limited reported revenue of ₹46.41 Cr (down 39.35% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Revenue from Operations | ₹46.41 Cr | ₹76.52 Cr | ₹100.44 Cr | ₹46.08 Cr |
| Other Income | ₹1.48 Cr | ₹90.82 Lakh | ₹99.59 Lakh | ₹47.02 Lakh |
| Total Income | ₹47.89 Cr | ₹77.43 Cr | ₹101.43 Cr | ₹46.55 Cr |
| Cost of Materials Consumed | ₹20.06 Cr | ₹37.64 Cr | ₹56.63 Cr | ₹28.07 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹70.57 Lakh | -₹51.38 Lakh | ₹1.6 Cr | -₹3.32 Cr |
| Employee Benefit Expense | ₹7.29 Cr | ₹6.55 Cr | ₹6.32 Cr | ₹5.24 Cr |
| Finance Costs | ₹6.2 Lakh | ₹20.04 Lakh | ₹8.57 Lakh | ₹31.88 Lakh |
| Depreciation & Amortisation | ₹3.54 Cr | ₹3.51 Cr | ₹3.36 Cr | ₹3.68 Cr |
| Other Expenses | ₹16.23 Cr | ₹23.4 Cr | ₹17.49 Cr | ₹12.56 Cr |
| Total Expenses | ₹46.48 Cr | ₹70.8 Cr | ₹85.49 Cr | ₹46.54 Cr |
| Profit Before Exceptional Items & Tax | ₹1.41 Cr | ₹6.62 Cr | ₹15.94 Cr | ₹89,000 |
| Exceptional Items | ₹0 | ₹0 | ₹0 | -₹18.89 Lakh |
| Profit Before Tax | ₹1.41 Cr | ₹6.62 Cr | ₹15.94 Cr | -₹18 Lakh |
| Total Tax Expense | ₹35.18 Lakh | ₹1.79 Cr | ₹3.91 Cr | ₹19.05 Lakh |
| Net Profit | ₹1.06 Cr | ₹4.83 Cr | ₹12.04 Cr | -₹37.05 Lakh |
| Other Comprehensive Income | ₹15,000 | -₹14.35 Lakh | ₹4.55 Lakh | -₹27.1 Lakh |
| Total Comprehensive Income | ₹1.06 Cr | ₹4.69 Cr | ₹12.08 Cr | -₹64.15 Lakh |
| EBITDA (computed) | ₹5.02 Cr | ₹10.34 Cr | ₹19.39 Cr | ₹4.01 Cr |
| Basic EPS | ₹1.03 | ₹4.71 | ₹11.74 | ₹-0.36 |
| Diluted EPS | ₹1.03 | ₹4.71 | ₹0.00 | ₹-0.36 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹93.16 Cr | ₹93 Cr | ₹90.52 Cr | ₹79.82 Cr |
| Non-current Assets | ₹46.59 Cr | ₹45.07 Cr | ₹42.89 Cr | ₹44.14 Cr |
| Current Assets | ₹46.58 Cr | ₹47.93 Cr | ₹47.63 Cr | ₹35.68 Cr |
| Property, Plant & Equipment | ₹33.82 Cr | ₹31.93 Cr | ₹28.99 Cr | ₹29.88 Cr |
| Inventories | ₹22.52 Cr | ₹16.43 Cr | ₹17.99 Cr | ₹23.12 Cr |
| Trade Receivables | ₹4.71 Cr | ₹6.76 Cr | ₹12.79 Cr | ₹6.52 Cr |
| Cash & Equivalents | ₹3.32 Cr | ₹2.05 Cr | ₹2.13 Cr | ₹28.98 Lakh |
| Equity (Net Worth) | ₹82.34 Cr | ₹82.81 Cr | ₹79.66 Cr | ₹67.58 Cr |
| Equity Share Capital | ₹10.25 Cr | ₹10.25 Cr | ₹10.25 Cr | ₹10.25 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹11.71 Lakh | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹2.99 Cr |
| Total Debt (computed) | ₹0 | ₹0 | ₹11.71 Lakh | ₹2.99 Cr |
| Current Liabilities | ₹7.07 Cr | ₹7.66 Cr | ₹8.6 Cr | ₹11.3 Cr |
| Total Liabilities | ₹10.83 Cr | ₹10.19 Cr | ₹10.86 Cr | ₹12.24 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Operating Cash Flow | -₹3.43 Cr | ₹14.2 Cr | ₹17.87 Cr | ₹70.82 Lakh |
| Investing Cash Flow | ₹6.29 Cr | -₹12.44 Cr | -₹12.84 Cr | ₹49.76 Lakh |
| Financing Cash Flow | -₹1.6 Cr | -₹1.83 Cr | -₹3.2 Cr | -₹1.19 Cr |
| Capital Expenditure | ₹5.5 Cr | ₹6.27 Cr | ₹2.43 Cr | ₹86.17 Lakh |
| Free Cash Flow (computed) | -₹8.93 Cr | ₹7.93 Cr | ₹15.44 Cr | -₹15.35 Lakh |
| Dividends Paid | ₹1.54 Cr | ₹1.54 Cr | ₹0 | ₹0 |
| Net Change in Cash | ₹1.27 Cr | -₹7.52 Lakh | ₹1.84 Cr | ₹1.96 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8.18 Cr | ₹11.31 Cr | ₹16.39 Cr | ₹10.54 Cr | ₹22.61 Cr | ₹37.08 Cr | ₹12.56 Cr | ₹4.27 Cr | ₹52.58 Cr | ₹20.25 Cr | ₹15.91 Cr | ₹11.71 Cr |
| Other Income | ₹37.31 Lakh | ₹34.12 Lakh | ₹40.48 Lakh | ₹36.34 Lakh | ₹34.72 Lakh | ₹8.62 Lakh | ₹21.01 Lakh | ₹26.47 Lakh | ₹50.13 Lakh | ₹17.27 Lakh | ₹9.3 Lakh | ₹22.89 Lakh |
| Total Income | ₹8.55 Cr | ₹11.65 Cr | ₹16.79 Cr | ₹10.9 Cr | ₹22.95 Cr | ₹37.17 Cr | ₹12.77 Cr | ₹4.53 Cr | ₹53.08 Cr | ₹20.42 Cr | ₹16 Cr | ₹11.94 Cr |
| Cost of Materials Consumed | ₹1.86 Cr | ₹3.45 Cr | ₹8.34 Cr | ₹6.41 Cr | ₹7.78 Cr | ₹19.15 Cr | ₹5.15 Cr | ₹5.56 Cr | ₹27.16 Cr | ₹15.93 Cr | ₹7.35 Cr | ₹6.19 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹1.14 Cr | ₹1.31 Cr | -₹1.71 Cr | -₹1.44 Cr | ₹4.7 Cr | -₹1.99 Cr | ₹98.57 Lakh | -₹4.21 Cr | ₹5.99 Cr | -₹5.41 Cr | ₹94.67 Lakh | ₹8.1 Lakh |
| Employee Benefit Expense | ₹2.02 Cr | ₹1.56 Cr | ₹2.06 Cr | ₹1.65 Cr | ₹1.68 Cr | ₹1.87 Cr | ₹1.53 Cr | ₹1.47 Cr | ₹2.4 Cr | ₹1.38 Cr | ₹1.29 Cr | ₹1.26 Cr |
| Finance Costs | ₹1.96 Lakh | ₹65,000 | ₹3.26 Lakh | ₹35,000 | ₹9.68 Lakh | ₹7.07 Lakh | ₹66,000 | ₹2.63 Lakh | ₹1.6 Lakh | ₹1.39 Lakh | ₹45,000 | ₹5.14 Lakh |
| Depreciation & Amortisation | ₹90.26 Lakh | ₹92.27 Lakh | ₹90.78 Lakh | ₹81.11 Lakh | ₹91.08 Lakh | ₹92.81 Lakh | ₹86.47 Lakh | ₹81.02 Lakh | ₹83.2 Lakh | ₹86.58 Lakh | ₹84.91 Lakh | ₹81.18 Lakh |
| Other Expenses | ₹3.46 Cr | ₹3.88 Cr | ₹4.98 Cr | ₹3.91 Cr | ₹7.7 Cr | ₹8.43 Cr | ₹4.2 Cr | ₹3.08 Cr | ₹6.78 Cr | ₹4.78 Cr | ₹3.55 Cr | ₹2.38 Cr |
| Total Expenses | ₹9.4 Cr | ₹11.13 Cr | ₹14.62 Cr | ₹11.33 Cr | ₹22.87 Cr | ₹28.46 Cr | ₹12.73 Cr | ₹6.74 Cr | ₹43.17 Cr | ₹17.56 Cr | ₹13.99 Cr | ₹10.77 Cr |
| Profit Before Exceptional Items & Tax | -₹85.35 Lakh | ₹51.98 Lakh | ₹2.18 Cr | -₹43.08 Lakh | ₹8.45 Lakh | ₹8.71 Cr | ₹3.6 Lakh | -₹2.2 Cr | ₹9.91 Cr | ₹2.86 Cr | ₹2.01 Cr | ₹1.17 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹85.35 Lakh | ₹51.98 Lakh | ₹2.18 Cr | -₹43.08 Lakh | ₹8.45 Lakh | ₹8.71 Cr | ₹3.6 Lakh | -₹2.2 Cr | ₹9.91 Cr | ₹2.86 Cr | ₹2.01 Cr | ₹1.17 Cr |
| Total Tax Expense | -₹21.61 Lakh | ₹12.57 Lakh | ₹54.91 Lakh | -₹10.68 Lakh | ₹14 Lakh | ₹2.19 Cr | ₹1.58 Lakh | -₹55.43 Lakh | ₹2.49 Cr | ₹71.96 Lakh | ₹39.95 Lakh | ₹29.33 Lakh |
| Net Profit | -₹63.74 Lakh | ₹39.41 Lakh | ₹1.63 Cr | -₹32.4 Lakh | -₹5.55 Lakh | ₹6.51 Cr | ₹2.02 Lakh | -₹1.65 Cr | ₹7.42 Cr | ₹2.14 Cr | ₹1.61 Cr | ₹87.21 Lakh |
| Other Comprehensive Income | -₹95,000 | ₹37,000 | ₹37,000 | ₹37,000 | -₹17.76 Lakh | ₹1.14 Lakh | ₹1.14 Lakh | ₹1.14 Lakh | ₹3.35 Lakh | ₹40,000 | ₹40,000 | ₹40,000 |
| Total Comprehensive Income | -₹64.69 Lakh | ₹39.78 Lakh | ₹1.63 Cr | -₹32.03 Lakh | -₹23.31 Lakh | ₹6.53 Cr | ₹3.16 Lakh | -₹1.64 Cr | ₹7.45 Cr | ₹2.15 Cr | ₹1.61 Cr | ₹87.61 Lakh |
| EBITDA (computed) | ₹6.87 Lakh | ₹1.45 Cr | ₹3.12 Cr | ₹38.38 Lakh | ₹1.09 Cr | ₹9.7 Cr | ₹90.73 Lakh | -₹1.37 Cr | ₹10.76 Cr | ₹3.74 Cr | ₹2.86 Cr | ₹2.03 Cr |
| Basic EPS | ₹-0.62 | ₹0.38 | ₹1.59 | ₹-0.32 | ₹-0.05 | ₹6.36 | ₹0.02 | ₹-1.61 | ₹7.23 | ₹2.09 | ₹1.57 | ₹0.85 |
| Diluted EPS | ₹-0.62 | ₹0.38 | ₹1.59 | ₹-0.32 | ₹-0.05 | ₹6.36 | ₹0.02 | ₹-1.61 | ₹0.00 | ₹2.09 | ₹1.57 | ₹0.85 |
| Metrics | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Revenue from Operations | ₹46.08 Cr | ₹39.63 Cr | ₹53.82 Cr |
| Other Income | ₹47.02 Lakh | ₹58.22 Lakh | ₹20.64 Lakh |
| Total Income | ₹46.55 Cr | ₹40.21 Cr | - |
| Cost of Materials Consumed | ₹28.07 Cr | ₹20.88 Cr | ₹28.1 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹3.32 Cr | ₹80.97 Lakh | ₹42.46 Lakh |
| Employee Benefit Expense | ₹5.24 Cr | ₹5.45 Cr | ₹5.24 Cr |
| Finance Costs | ₹31.88 Lakh | ₹49.53 Lakh | ₹22.14 Lakh |
| Depreciation & Amortisation | ₹3.68 Cr | ₹3.13 Cr | - |
| Other Expenses | ₹12.56 Cr | ₹10.71 Cr | ₹12.23 Cr |
| Total Expenses | ₹46.54 Cr | ₹41.47 Cr | ₹49.11 Cr |
| Profit Before Exceptional Items & Tax | ₹89,000 | -₹1.26 Cr | - |
| Exceptional Items | -₹11,000 | -₹3.19 Cr | - |
| Profit Before Tax | ₹78,000 | -₹4.45 Cr | ₹4.92 Cr |
| Total Tax Expense | ₹19.05 Lakh | -₹1.1 Cr | ₹1.28 Cr |
| Net Profit | -₹22.98 Lakh | -₹3.53 Cr | ₹1,000 |
| attributable to Owners | ₹0 | ₹0 | - |
| attributable to NCI | ₹0 | ₹0 | - |
| Other Comprehensive Income | ₹11.04 Lakh | -₹6.23 Lakh | - |
| Total Comprehensive Income | -₹11.93 Lakh | -₹3.59 Cr | - |
| EBITDA (computed) | ₹4.01 Cr | ₹2.37 Cr | - |
| Basic EPS | ₹-0.22 | ₹-3.44 | - |
| Diluted EPS | ₹-0.22 | ₹-3.44 | - |
| Metrics | FY 2023 |
|---|---|
| Total Assets | ₹79.82 Cr |
| Non-current Assets | ₹44.14 Cr |
| Current Assets | ₹35.68 Cr |
| Property, Plant & Equipment | ₹29.88 Cr |
| Inventories | ₹23.12 Cr |
| Trade Receivables | ₹6.52 Cr |
| Cash & Equivalents | ₹28.98 Lakh |
| Equity (Net Worth) | ₹67.58 Cr |
| Equity Share Capital | ₹10.25 Cr |
| Borrowings (Non-current) | ₹0 |
| Borrowings (Current) | ₹2.99 Cr |
| Total Debt (computed) | ₹2.99 Cr |
| Current Liabilities | ₹11.3 Cr |
| Total Liabilities | ₹12.24 Cr |
| Metrics | FY 2023 | FY 2022 |
|---|---|---|
| Operating Cash Flow | ₹70.82 Lakh | ₹1.45 Cr |
| Investing Cash Flow | ₹49.76 Lakh | -₹5.69 Cr |
| Financing Cash Flow | -₹1.19 Cr | ₹2.96 Cr |
| Capital Expenditure | ₹86.17 Lakh | ₹4.18 Cr |
| Free Cash Flow (computed) | -₹15.35 Lakh | -₹2.73 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹1.96 Lakh | -₹1.28 Cr |
| Metrics | Q4 FY23 | Q3 FY23 | Q2 FY23 | Q1 FY23 | Q4 FY22 | Q3 FY22 | Q2 FY22 | Q1 FY22 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹11.37 Cr | ₹11.36 Cr | ₹15.85 Cr | ₹7.5 Cr | ₹13.59 Cr | ₹12.27 Cr | ₹8.78 Cr | ₹4.99 Cr |
| Other Income | ₹17.23 Lakh | ₹19.05 Lakh | ₹8 Lakh | ₹2.74 Lakh | ₹28.82 Lakh | ₹5.72 Lakh | ₹17.72 Lakh | ₹5.97 Lakh |
| Total Income | ₹11.54 Cr | ₹11.55 Cr | ₹15.93 Cr | ₹7.53 Cr | ₹13.88 Cr | - | ₹8.96 Cr | ₹5.05 Cr |
| Cost of Materials Consumed | ₹6.7 Cr | ₹5.83 Cr | ₹8.87 Cr | ₹6.67 Cr | ₹6.37 Cr | ₹3.08 Cr | ₹6.08 Cr | ₹5.34 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | -₹1.51 Cr | -₹21.28 Lakh | ₹1.97 Cr | -₹3.57 Cr | ₹1.93 Cr | ₹4.05 Cr | -₹1.67 Cr | -₹3.5 Cr |
| Employee Benefit Expense | ₹1.66 Cr | ₹1.22 Cr | ₹1.18 Cr | ₹1.18 Cr | ₹1.61 Cr | ₹1.61 Cr | ₹1.14 Cr | ₹1.08 Cr |
| Finance Costs | ₹3.81 Lakh | ₹7.66 Lakh | ₹6.74 Lakh | ₹13.67 Lakh | ₹14.98 Lakh | ₹12.96 Lakh | ₹13.78 Lakh | ₹7.82 Lakh |
| Depreciation & Amortisation | ₹96.33 Lakh | ₹91.55 Lakh | ₹90.91 Lakh | ₹89.26 Lakh | ₹88.28 Lakh | - | ₹75.38 Lakh | ₹72.03 Lakh |
| Other Expenses | ₹3.56 Cr | ₹3.45 Cr | ₹2.97 Cr | ₹2.58 Cr | ₹3.9 Cr | ₹2.56 Cr | ₹2.51 Cr | ₹1.74 Cr |
| Total Expenses | ₹11.41 Cr | ₹11.28 Cr | ₹15.97 Cr | ₹7.89 Cr | ₹14.85 Cr | ₹12.2 Cr | ₹8.96 Cr | ₹5.46 Cr |
| Profit Before Exceptional Items & Tax | ₹13.43 Lakh | ₹27.07 Lakh | -₹3.39 Lakh | -₹36.2 Lakh | -₹97.01 Lakh | - | -₹57,000 | -₹40.96 Lakh |
| Exceptional Items | ₹18.78 Lakh | -₹18.89 Lakh | ₹0 | ₹0 | -₹3.19 Cr | - | ₹0 | ₹0 |
| Profit Before Tax | ₹32.21 Lakh | ₹8.18 Lakh | -₹3.39 Lakh | -₹36.2 Lakh | -₹4.16 Cr | ₹12.48 Lakh | -₹57,000 | -₹40.96 Lakh |
| Total Tax Expense | ₹30.46 Lakh | -₹20.27 Lakh | ₹19.02 Lakh | -₹10.16 Lakh | -₹1.17 Cr | ₹3.91 Lakh | ₹4.65 Lakh | -₹1.45 Lakh |
| Net Profit | -₹15,000 | ₹35.68 Lakh | -₹28.31 Lakh | -₹30.18 Lakh | -₹3.11 Cr | ₹6.32 Lakh | -₹8.62 Lakh | -₹41.1 Lakh |
| attributable to Owners | ₹0 | ₹0 | - | ₹0 | ₹0 | - | ₹0 | ₹0 |
| attributable to NCI | ₹0 | ₹0 | - | ₹0 | ₹0 | - | ₹0 | ₹0 |
| Other Comprehensive Income | ₹15.71 Lakh | -₹1.56 Lakh | -₹1.56 Lakh | -₹1.56 Lakh | -₹10.98 Lakh | - | ₹1.58 Lakh | ₹1.58 Lakh |
| Total Comprehensive Income | ₹15.56 Lakh | ₹34.12 Lakh | -₹29.87 Lakh | -₹31.74 Lakh | -₹3.22 Cr | - | -₹7.04 Lakh | -₹39.52 Lakh |
| EBITDA (computed) | ₹1.14 Cr | ₹1.26 Cr | ₹94.26 Lakh | ₹66.73 Lakh | ₹6.25 Lakh | - | ₹88.59 Lakh | ₹38.89 Lakh |
| Basic EPS | ₹0.00 | ₹0.35 | ₹-0.28 | ₹-0.29 | ₹-3.03 | - | ₹-0.08 | ₹-0.40 |
| Diluted EPS | ₹0.00 | ₹0.35 | ₹-0.28 | ₹-0.29 | ₹-3.03 | - | ₹-0.08 | ₹-0.40 |
Shareholding Pattern of Nitiraj Engineers Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 69.07%, domestic institutional investors hold 0.00%, retail and other public shareholders hold 30.93% of Nitiraj Engineers Limited. The company had 3,545 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 69.07% | 69.07% | 69.07% | 69.07% | 69.07% | 69.07% |
| Public | 30.93% | 30.93% | 30.93% | 30.93% | 30.93% | 30.93% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 69.07% | 69.07% | 69.07% | 69.07% | 69.07% | 69.07% | 68.06% | 66.78% | 66.56% | 65.85% |
| Public | 30.93% | 30.93% | 30.93% | 30.93% | 30.93% | 30.93% | 31.95% | 33.22% | 33.44% | 34.15% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +1.01 | +1.28 | +0.22 | +0.71 | - |
Board & Governance of Nitiraj Engineers Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Nitiraj Engineers Limited has 8 directors - 4 independent and 4 executive. The board is chaired by RAJESH RAGHUNATH BHATWAL.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| RAJESH RAGHUNATH BHATWAL | Executive Director · CEO-MD · Chairperson | 1999-04-27 | 1 |
| SHAKUNTALA RAJESH BHATWAL | Executive Director | 1999-04-27 | 1 |
| YI HUNG SIN | Executive Director | 2003-07-01 | 1 |
| GAJENDRA SHARADCHANDRA DESHMUKH | Executive Director | 2024-02-05 | 1 |
| PRANIT ANIL BANGAD | Non-Executive - Independent Director | 2022-01-06 | 1 |
| DEEPAM PRADEEP SHAH | Non-Executive - Independent Director | 2022-01-06 | 1 |
| PRADEEP CHANDRAKANT SHAH | Non-Executive - Independent Director | 2024-02-05 | 1 |
| ANIL NANDKISHOR BANGAD | Non-Executive - Independent Director | 2025-02-12 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | PRANIT ANIL BANGAD (Chairperson), DEEPAM PRADEEP SHAH, RAJESH RAGHUNATH BHATWAL |
| Nomination and remuneration committee | PRANIT ANIL BANGAD, DEEPAM PRADEEP SHAH (Chairperson), PRADEEP CHANDRAKANT SHAH |
| Stakeholders Relationship Committee | PRADEEP CHANDRAKANT SHAH (Chairperson), GAJENDRA SHARADCHANDRA DESHMUKH, SHAKUNTALA RAJESH BHATWAL |
| Corporate Social Responsibility Committee | PRANIT ANIL BANGAD (Chairperson), RAJESH RAGHUNATH BHATWAL, DEEPAM PRADEEP SHAH |
Group Structure of Nitiraj Engineers Limited
Nitiraj Engineers Limited has 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Nitiraj Engineers Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Nitiraj Engineers Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2025 | Others | ₹4.9 Cr | Open |
| 03 Aug 2010 | Hdfc Bank Limited | ₹29 Cr | Open |
| 28 Apr 2000 | State Bank of India | ₹1.45 Cr | Satisfied |
| 28 Apr 2000 | State Bank of India | ₹5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Nitiraj Engineers Limited
Nitiraj Engineers Limited has a workforce of 268 employees as of Apr 03, 2024.
Employee and EPFO history for Nitiraj Engineers Limited
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GST Compliance of Nitiraj Engineers Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nitiraj Engineers Limited
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MSME Payment Delays by Nitiraj Engineers Limited
MSME payment history for Nitiraj Engineers Limited
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Subsidiaries & Group Companies of Nitiraj Engineers Limited
Corporate group structure for Nitiraj Engineers Limited
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MCA Filings & Documents of Nitiraj Engineers Limited
MCA filings and documents for Nitiraj Engineers Limited
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Recent Activity on Nitiraj Engineers Limited
Recent News on Nitiraj Engineers Limited
Frequently Asked Questions about Nitiraj Engineers Limited
Nitiraj Engineers Limited is an active public limited company in the machinery and equipment sector based in Mumbai, Maharashtra, India. It was incorporated on 01 April 1999 (27+ years old) and is registered under CIN L31909MH1999PLC119231. Listed on NSE: NITIRAJ. The company has 268 employees.
Nitiraj Engineers Limited reported revenue of ₹46.41 Cr for FY 2026 (down 39.35% YoY) based on standalone NSE filings.
The current directors of Nitiraj Engineers Limited are:
- Pranit Anil Bangad - Director
- Deepam Pradeep Shah - Director
- Rajesh Raghunath Bhatwal - Managing Director
- Shakuntala Rajesh Bhatwal - Whole-Time Director
- Yi Hung Sin - Whole-Time Director
- Anil Nandkishor Bangad - Director
- Pradeep Chandrakant Shah - Director
- Gajendra Sharadchandra Deshmukh - Whole-Time Director
The primary industry of Nitiraj Engineers Limited is machinery and equipment. The company specifically operates in industrial testing and measurement equipment. The company is currently active in this sector.
Yes. Nitiraj Engineers Limited is listed on NSE with symbol NITIRAJ.
Nitiraj Engineers Limited can be reached at the registered office: 306 A Babha Bldgn M Marg Near Police Station, Mumbai, Maharashtra, India – 400011, or through the website nitiraj.net.