Nitiraj Engineers (Phoenix) Share Price Target 2025, 2026, 2030, 2040, 2050
Nitiraj Engineers is an Indian company that makes and sells products like electronic weighing scales, currency-counting machines, and taxi fare meters. They offer a wide range of products, including weighing scales, currency counters, security products, home and hotel automation systems, and mechanical scales.
These products are used in both businesses and homes and are organized based on their use. They are designed for different areas like industry, business, jewellery, healthcare, home use, and cars. Some of their products include jewellery scales, tabletop scales, price computing scales, piece counting scales, platform scales, special indicators, hanging scales, industrial scales, baby scales, portable person scales, and adult weighing scales.
What is Nitiraj Engineers Ltd NSE: NITIRAJ?
Nitiraj Engineers was established in 1981 and is based in Mumbai, Maharashtra, India. It is an engineering company that makes and supplies products and services for the engineering and construction industries. The company is known for creating high-quality equipment and solutions for infrastructure, construction, and manufacturing. It works with products such as electrical panels, control systems, and automation. Depending on its focus, it may also offer services like consulting, project management, and complete services.
The price is falling after reaching its all-time high price. There is a good strengthed bearish candle formed in the daily time frame. For buying opportunity you should wait for the price to react with its support as it is in its peak point and could be risky to buy. So wait for a better opportunity.
यह उत्पाद की एक विस्तृत श्रृंखला बनाता है और बेचता है, जैसे इलेक्ट्रॉनिक वजनी स्केल और सिस्टम, मुद्रा गिनती मशीनें, और इलेक्ट्रॉनिक किराया मीटर। इन उत्पादों को व्यापार और घर के उपयोग दोनों के लिए डिज़ाइन किया गया है। कंपनी अपने उत्पादों को ब्रांड नाम फिनिक्स के तहत डीलरों के एक बड़े समूह के माध्यम से बेचती है, जो इसे भारत और अन्य देशों में ग्राहकों तक पहुंचने में मदद करती है। यह हर साल बड़ी संख्या में पैमाने पैदा करता है और दुनिया भर में लाखों ग्राहक हैं। 2025 में, इसका शेयर मूल्य लक्ष्य होगा ₹143, हमारे विश्लेषण के अनुसार।
हमारी भविष्यवाणी के अनुसार, इसकी शेयर कीमत के बीच होगी ₹143 और ₹2025 में 534।
पिछले चार तिमाहियों में, कंपनी का लाभ बहुत बढ़ गया, 3.11 करोड़ के नुकसान से 0.36 करोड़ का एक छोटा लाभ हुआ, जिसमें प्रत्येक तिमाही में 373.9% की औसत वृद्धि हुई। विदेशी निवेशकों ने शेयर खरीदना शुरू कर दिया है, जिससे उनकी होल्डिंग 0.00% से 0.05% तक बढ़ गई है। पिछले तीन वर्षों में, कंपनी प्रौद्योगिकी और उपकरणों में सर्वश्रेष्ठ में से एक रही है। इसका राजस्व भी हो रहा है, जो भविष्य के लिए एक अच्छा संकेत है।
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2025 | 143 | 534 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 201 | 253 |
| फ़रवरी | 207 | 350 |
| मार्च | 262 | 421 |
| अप्रैल | 247 | 290 |
| मई | 234 | 270 |
| जून | 196 | 224 |
| जुलाई | 173 | 240 |
| अगस्त | 152 | 480 |
| सितंबर | 143 | 488 |
| अक्टूबर | 258 | 498 |
| नवंबर | 390 | 500 |
| दिसम्बर | 439 | 534 |
The company changed its status from Private Limited to Public Limited and also changed its name to Nitiraj Engineers Limited after getting a new Certificate of Incorporation. The company is one of the top manufacturers of a wide range of products, such as Electronic Weighing Scales and Systems, Currency Counting Machines, Digital Fare Meters, Home and Hotel Automation Products, and Health Measurement Products. These products are made for both business and personal use. They are divided into categories based on their uses, including Industrial, Commercial, Jewellery, Healthcare, Household, and Automobile. In 2026, its share price target would be ₹873 as per our prediction.
Its share price would be between ₹223 to ₹873 in 2026, as per our analysis.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2026 | 223 | 873 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 600 | 700 |
| फ़रवरी | 542 | 574 |
| मार्च | 375 | 457 |
| अप्रैल | 223 | 325 |
| मई | 289 | 465 |
| जून | 374 | 423 |
| जुलाई | 387 | 468 |
| अगस्त | 428 | 568 |
| सितंबर | 524 | 654 |
| अक्टूबर | 590 | 710 |
| नवंबर | 674 | 824 |
| दिसम्बर | 786 | 873 |
The Company provides machines to state governments for the Child Growth Monitoring Systems program. These machines use advanced technology to collect data, create reports, and share information. The Company makes and sells different types of machines, including weighing scales, currency counting machines, office equipment, and taxi fare meters. Its main factory is in Parwanoo, Himachal Pradesh. The Company also has a new, modern factory in Dhule, Maharashtra, which focuses on research, good quality control, and regular production.
This factory can produce many scales every year. The products are sold under the name ‘Phoenix’ through branches in several states and about 400 dealers in India and other countries. The Company also sells online to reach customers who prefer shopping online. In 2027, its share price target would be ₹1038 as per our analysis.
As per our prediction, its share price would be between ₹370 to ₹1038 in 2027.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2027 | 370 | 1038 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 786 | 890 |
| फ़रवरी | 641 | 700 |
| मार्च | 541 | 624 |
| अप्रैल | 370 | 425 |
| मई | 390 | 468 |
| जून | 426 | 532 |
| जुलाई | 498 | 568 |
| अगस्त | 528 | 638 |
| सितंबर | 590 | 736 |
| अक्टूबर | 657 | 821 |
| नवंबर | 794 | 990 |
| दिसम्बर | 935 | 1038 |
The Company started selling its products online through websites like Amazon. To help with this, the Company hired a team of experts who specialize in digital marketing. Their job is to raise awareness about the products on the internet and handle the orders that come from online customers. The Company also works with distributors in the Middle East and SAARC countries to sell their products in those regions. The products made by the Company meet international quality standards.
Currently, the Company produces more than 100,000 scales each year, and many employees work with the Company to help it grow and run smoothly. In 2028, its share price target would be ₹1200 as per our prediction.
Its share price would be between ₹664 to ₹1200 in 2028, as per our analysis.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2028 | 664 | 1200 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 935 | 1055 |
| फ़रवरी | 724 | 841 |
| मार्च | 664 | 721 |
| अप्रैल | 687 | 790 |
| मई | 746 | 856 |
| जून | 810 | 890 |
| जुलाई | 868 | 987 |
| अगस्त | 936 | 1025 |
| सितंबर | 967 | 1087 |
| अक्टूबर | 1027 | 1136 |
| नवंबर | 1089 | 1178 |
| दिसम्बर | 1145 | 1200 |
The Company created and launched the Alarm system as part of its Security and automation Products range. This system is used to protect homes or workplaces by making a loud siren sound when there is an intrusion. The Company also developed a Platform Weighing Scale, which allows data to be sent wirelessly from the platform to the indicator. The Company improved the Electromagnetic Weighing Balances with the latest technology and software. These upgraded machines offer better performance and can measure weights with great accuracy, down to 0.1 mg. In 2029, its share price target would be ₹1370 as per our analysis.
As per our prediction, its share price would be between ₹870 to ₹1370 in 2029.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2029 | 870 | 1370 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1145 | 1221 |
| फ़रवरी | 1014 | 1141 |
| मार्च | 870 | 930 |
| अप्रैल | 911 | 984 |
| मई | 945 | 1025 |
| जून | 987 | 1054 |
| जुलाई | 1014 | 1087 |
| अगस्त | 1056 | 1121 |
| सितंबर | 1090 | 1154 |
| अक्टूबर | 1121 | 1190 |
| नवंबर | 1168 | 1320 |
| दिसम्बर | 1290 | 1370 |
The Company joined the Divya Marathi Shopping Utsav & Auto Expo in Jalgaon. It promoted its Home Automation and Security products by advertising on TV and in newspapers. The Company raised money by selling its shares to the public. It also launched a new range of Security and Automation products. The Company built a factory in Dhule, which has modern machines like pick-and-place machines. The units in Dadra and Nagar Haveli also started working. In 2030, its share price target would be ₹1582 as per our prediction.
Its share price would be between ₹1085 to ₹1582 in 2030, as per our analysis.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2030 | 1085 | 1582 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 1290 | 1391 |
| फ़रवरी | 1148 | 1190 |
| मार्च | 1085 | 1165 |
| अप्रैल | 1145 | 1190 |
| मई | 1174 | 1235 |
| जून | 1210 | 1287 |
| जुलाई | 1246 | 1325 |
| अगस्त | 1287 | 1375 |
| सितंबर | 1326 | 1390 |
| अक्टूबर | 1354 | 1420 |
| नवंबर | 1387 | 1521 |
| दिसम्बर | 1498 | 1582 |
The company also provide machines for the Child Growth Monitoring Systems program. The company can produce up to six lakh scales each year at its factories in Himachal Pradesh and Maharashtra. Their products are sold under the brand "Phoenix," which are available through branches, dealers, and online platforms like Amazon, in India and abroad. With over 280 employees, the company also makes security products and takes part in events and advertising. Recently, they raised money, introduced new products, and expanded their business. In 2040, its share price target would be ₹2768 as per our analysis.
As per our prediction, its share price would be between ₹2154 to ₹2768 in 2040.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2040 | 2154 | 2768 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 2154 | 2189 |
| फ़रवरी | 2174 | 2232 |
| मार्च | 2196 | 2256 |
| अप्रैल | 2215 | 2287 |
| मई | 2254 | 2327 |
| जून | 2290 | 2375 |
| जुलाई | 2335 | 2398 |
| अगस्त | 2378 | 2428 |
| सितंबर | 2390 | 2487 |
| अक्टूबर | 2465 | 2584 |
| नवंबर | 2556 | 2690 |
| दिसम्बर | 2654 | 2768 |
The company is known for making a wide range of products, such as Electronic Weighing Scales, Currency Counting Machines, Digital Fare Meters, Home & Hotel Automation Products, and Health Measurement Products. These products are used in both businesses and homes. They are divided into different categories like Industrial, Commercial, Jewelry, Healthcare, Household, and Automobile. These machines use advanced technology to gather and share data. In 2050, its share price target would be ₹4557 as per our prediction.
Its share price would be between ₹3614 to ₹4557 in 2050, as per our analysis.
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2050 | 3614 | 4557 |
| महीना | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| जनवरी | 3614 | 3758 |
| फ़रवरी | 3665 | 3787 |
| मार्च | 3754 | 3821 |
| अप्रैल | 3784 | 3878 |
| मई | 3820 | 3898 |
| जून | 3858 | 3990 |
| जुलाई | 3954 | 4078 |
| अगस्त | 4028 | 4174 |
| सितंबर | 4100 | 4256 |
| अक्टूबर | 4187 | 4358 |
| नवंबर | 4274 | 4490 |
| दिसम्बर | 4387 | 4557 |
Should I buy Nitiraj Engineers’ stock?
| वर्ष | न्यूनतम मूल्य (Rs) | अधिकतम मूल्य (Rs) |
| 2025 | 201 | 534 |
| 2026 | 223 | 873 |
| 2027 | 370 | 1038 |
| 2028 | 664 | 1200 |
| 2029 | 870 | 1370 |
| 2030 | 1085 | 1582 |
| 2040 | 2154 | 2768 |
| 2050 | 3614 | 4557 |
It makes products like weighing scales, currency-counting machines, and security systems, and they seem to have good growth potential. The company is growing by opening new factories and improving its online presence, which helps it reach more customers in India and other countries. The price of its shares is expected to go up as the company continues to grow and add new products.
But also, there are risks to consider, like competition and changes in the economy. If you’re thinking about buying the stock, it looks like it could do well in the long run, but you should think carefully about your financial goals and how much risk you’re willing to take before making any decisions.
Nitiraj Engineers earning results
| मार्च 2020 | मार्च 2021 | मार्च 2022 | मार्च 2023 | मार्च 2024 | |
| बिक्री + | 48 | 53 | 40 | 46 | 100 |
| व्यय + | 44 | 45 | 38 | 43 | 82 |
| परिचालन लाभ | 4 | 8 | 2 | 4 | 18 |
| OPM % | 8% | 15% | 5% | 8% | 18% |
| अन्य आय + | 2 | 0 | -3 | 0 | 1 |
| ब्याज | 0 | 0 | 0 | 0 | 0 |
| व्याख्या | 1 | 3 | 3 | 4 | 3 |
| कर से पहले लाभ | 4 | 5 | -4 | -0 | 16 |
| कर | 28% | 27% | -25% | 106% | 24% |
| नेट प्रॉफिट + | 3 | 4 | -3 | -0 | 12 |
| रुपये में ईपीएस | 2.53 | 3.54 | -3.28 | -0.36 | 11.75 |
| लाभांश भुगतान % | 0% | 0% | 0% | 0% | 13% |
कुंजी मीट्रिक
| TTM PE Ratio | PB अनुपात | लाभांश प्राप्ति | सेक्टर PE | सेक्टर PB | सेक्टर Div Yld |
| 26.19 | 4.04 | 0.48% | 31.55 | 8.35 | 1.86% |
Peers & तुलना
| स्टॉक | पीई अनुपात | PB अनुपात | लाभांश प्राप्ति |
| Nitiraj Engineers Ltd | 26.73 | 4.04 | 0.48% |
| Bharat Electronics Ltd | 47.08 | 11.48 | 0.86% |
| Honeywell Automation India Ltd | 59.21 | 8.23 | 0.30% |
| PG Electroplast Ltd | 171.26 | 22.22 | 0.02% |
Is Nitiraj Engineers stock good to buy? (Bull case & bear case)
बुल केस:
- The company has seen a big increase in profits, with a 191% rise in net profit, and its revenue is growing well.
- Over the last three years, the stock has given very high returns, outperforming many other stocks in its category.
- It makes a wide range of products like weighing scales, currency counting machines, and home automation systems, so it caters to different markets.
- The company has significantly reduced its debt and is almost debt-free, which lowers financial risk.
- The company’s working capital requirements have been reduced from 180 days to 90.6 days, meaning it’s using its resources more efficiently.
- The company is expected to perform well in the next quarter, showing potential for continued growth.
भालू का मामला:
- The stock is trading at 4.21 times its book value, which means it might be priced too high compared to what it’s worth.
- The company’s return on equity (ROE) has been low at 5.48% over the past three years, indicating it’s not generating a lot of profit for its shareholders.
निष्कर्ष
It has good growth potential, thanks to its wide range of products and better financial health. The company has reduced its debt, increased its profits, and improved how it runs its business. However, there are concerns that the stock might be overpriced, and its profits compared to its equity are not very high. While the company seems to have a positive growth outlook, especially with its expanding market reach, investors should think carefully about the risks of high stock prices and lower profits before investing, especially if they prefer less risk.
