NIRAJISPAT

Niraj Ispat Industries Limited

Listed company · ISIN INE326T01011 · NSE BE · FV ₹10
Last price
₹285
-5.00%today
What this company does

Niraj Ispat Industries Limited is a listed company. It booked ₹88.8 L of revenue in its latest quarter (Q1 FY27) and kept 33.6% of sales as profit.

In the report:
55out of 100
Equitytale Health Score
Mixed

Healthier than 55% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,201–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
49

At close. Not part of the score.

Profitability & returns47

How much profit it earns on the money it employs

Balance sheet71

How much it owes, and whether earnings cover the interest

Cash quality19

Whether reported profit actually arrives as cash

Growth & consistency37

Whether sales and profit have grown, and how steadily

Valuation71

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Makes a profit
Strong 34% net margin
Promoters hold 74%
No promoter shares pledged
Watch-outs
! Sales down 7% vs last year
! Profit down 26% vs last year
! Low 7.5% return on equity
! Operating cash flow is negative

What if I invest in NIRAJISPAT?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹285 -5.00%
latest close · 2026-09-17
52-wk low ₹18134 sessions so far52-wk high ₹430
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio14.3Low
LowAverageHigh
P/B ratio1.07Moderate
Below bookModerateHigh
EV / EBITDA12.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity7.5%Weak
WeakFairStrong ▸15%
Return on capital8.0%Fair
WeakFairStrong
Net margin33.6%Strong
ThinDecentStrong
EBITDA margin50.0%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.29Comfortable
LowModerateHigh ▸1
Interest cover43.4×Strong
RiskyOkayStrong ▸5×
Current ratio14.92Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹17 cr
Book value
₹266
EPS
₹4.97
latest quarter
Net debt
₹5 cr
owes more than its cash
Enterprise value
₹22 cr
EBITDA
₹2 cr
annualised
EBIT
₹2 cr
annualised
Operating margin
45.9%
Return on assets
5.5%
Earnings yield
6.98%
P/S
4.82
Sales / share
₹59.2
Tax rate
25.2%
Face value
₹10
Shares
0.1 cr
Working capital
₹19 cr
Current assets
₹20 cr
Current liabilities
₹1 cr
Delivery %
95.0%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹96₹122, midpoint ₹109

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹88.8 L
Other Income₹39.1 L
Total Income₹1 cr
Cost of Materials₹55.9 L
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹2.1 L
Employee Benefit Expense₹5.8 L
Finance Costs₹0.94 L
Depreciation & Amortisation₹3.6 L
Other Expenses₹19.6 L
Total Expenses₹88 L
Profit before Tax₹39.8 L
Tax Expense₹10 L
Net Profit₹29.8 L
Net margin on total income23.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹58 L45.4%
Employee benefit expense₹5.8 L4.6%
Finance costs₹0.94 L0.7%
Depreciation & amortisation₹3.6 L2.8%
Other expenses₹19.6 L15.4%
Tax expense₹10 L7.8%
Profit for the period₹29.8 L23.3%
Total income ₹1 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue79.3 L89.3 L88.8 L
Total income1 cr1 cr1 cr
Expenses62.9 L73.9 L88 L
Profit before tax53.3 L53.8 L39.8 L
Tax13.4 L14.8 L10 L
Net profit (owners' share)39.9 L39 L29.8 L
Net margin (owners' share, on revenue)50.3%43.6%33.6%
EPS (₹)6.656.504.97
YoY (latest quarter): total income -1.8% · net profit -25.9%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹22 cr
Shareholder equity
₹16 cr
parent shareholders
Total debt
₹5 cr
Cash
₹1.1 L
Cash flow · H1 FY26
Operating
₹-48.4 L
Investing
₹68.3 L
Financing
₹-22 L
Who owns it · 2026-06-30
No pledge
Promoter
74.4%
Public
25.6%
Promoter stake down 0.1% over the last 12 quarters.
Smart-money activity
Stake changes
BoughtMadhu Chaudhry · promoter→ 24.93% · 35,70029 Dec 20
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 20 Aug 2026
See the official result
1
Adoption of Financial Statements and Reports thereon of the Company for the financial year ended 31st March, 2026.
Backed by 100% of shareholders other than promotersneeded 50%
3,536 votes for, 0 against
2
Appointment of Mr. Chaitanya Chaudhry (DIN:06813394) as a director, liable to retire by rotation.
Backed by 100% of shareholders other than promotersneeded 50%
3,536 votes for, 0 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 9 named members
owning 74.4% between them · as of 2026-06-30
MADHU CHAUDHRY24.95%
NIRAJ CHAUDHRY10.27%
NEERAJ CHAUDHARY HUF9.06%
PICKUP SUPPLIERS PRIVATE LIMITED8.98%
HARYANT STAINLESS STEELS LLP7.98%
VAISHALI CHAUDHRY4.90%
NIRAJ STEELS LLP4.10%
ANURADHA KANODIA3.33%

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.