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.

Nitiraj Engineers share price Target Tomorrow

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.

Day	Minimum Price (Rs)	Maximum Price (Rs)
Tomorrow	-30	+50

Nitiraj Engineers share price Target 2025

It makes and sells a wide range of products, such as Electronic Weighing Scales and Systems, Currency Counting Machines, and Electronic Fare Meters. These products are designed for both business and home use. The company sells its products under the brand name Phoenix through a large group of dealers, which helps it reach customers in India and other countries. It produces a large number of scales every year and has millions of customers around the world. In 2025, its share price target would be ₹489 as per our analysis.

As per our prediction, its share price would be between ₹102 to ₹489 in 2025.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	102	489

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	188	265
February	185	370
March	190	330
April	146	178
May	102	165
June	148	264
July	190	278
August	235	364
September	327	457
October	390	510
November	489	635
December	600	689

Nitiraj Engineers share price Target 2026

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	223	873

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	600	700
February	542	574
March	375	457
April	223	325
May	289	465
June	374	423
July	387	468
August	428	568
September	524	654
October	590	710
November	674	824
December	786	873

Share price Target 2027

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	370	1038

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	786	890
February	641	700
March	541	624
April	370	425
May	390	468
June	426	532
July	498	568
August	528	638
September	590	736
October	657	821
November	794	990
December	935	1038

Share price Target 2028

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	664	1200

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	935	1055
February	724	841
March	664	721
April	687	790
May	746	856
June	810	890
July	868	987
August	936	1025
September	967	1087
October	1027	1136
November	1089	1178
December	1145	1200

Share price Target 2029

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	870	1370

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1145	1221
February	1014	1141
March	870	930
April	911	984
May	945	1025
June	987	1054
July	1014	1087
August	1056	1121
September	1090	1154
October	1121	1190
November	1168	1320
December	1290	1370

Nitiraj Engineers share price Target 2030

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1085	1582

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1290	1391
February	1148	1190
March	1085	1165
April	1145	1190
May	1174	1235
June	1210	1287
July	1246	1325
August	1287	1375
September	1326	1390
October	1354	1420
November	1387	1521
December	1498	1582

Share price Target 2040

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	2154	2768

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	2154	2189
February	2174	2232
March	2196	2256
April	2215	2287
May	2254	2327
June	2290	2375
July	2335	2398
August	2378	2428
September	2390	2487
October	2465	2584
November	2556	2690
December	2654	2768

Share price Target 2050

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.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	3614	4557

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	3614	3758
February	3665	3787
March	3754	3821
April	3784	3878
May	3820	3898
June	3858	3990
July	3954	4078
August	4028	4174
September	4100	4256
October	4187	4358
November	4274	4490
December	4387	4557

Should I buy Nitiraj Engineers’ stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2025	102	489
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

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	48	53	40	46	100
Expenses +	44	45	38	43	82
Operating Profit	4	8	2	4	18
OPM %	8%	15%	5%	8%	18%
Other Income +	2	0	-3	0	1
Interest	0	0	0	0	0
Depreciation	1	3	3	4	3
Profit before tax	4	5	-4	-0	16
Tax %	28%	27%	-25%	106%	24%
Net Profit +	3	4	-3	-0	12
EPS in Rs	2.53	3.54	-3.28	-0.36	11.75
Dividend Payout %	0%	0%	0%	0%	13%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
26.19	4.04	0.48%	31.55	8.35	1.86%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
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)

Bull Case:

• 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.

Bear Case:

• 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.

Conclusion

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.

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