Niraj Ispat IND Ltd
NSE: NIRAJISPAT · Other · sector
₹221.15NSE close 2026-10-26
Key numbers
Market cap₹13 cr
Price₹221.15
52w high / low₹430 / ₹155
P/E8.7xSector median 14.4x
P/B0.8xSector median 1.7x
Book value₹265.5
Dividend yield–Sector median 0.37%
ROE10.1%Sector median 13.8%
ROCE10.2%Sector median 19.6%
OPM20.6%Sector median 10.4%
Debt / equity0.29xSector median 0.29x
EV/EBITDA24.4xSector median 8.4x
Interest cover79.0x
Current ratio14.92x
Sales growth 3y-13.4%Sector median +7.7%
Profit growth 3y-0.9%Sector median +16.6%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 688 companies in Other (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹0 cr vs borrowings ₹5 cr (FY26): borrowings are higher by ₹5 cr.
- Operating profit covered interest 79.0x in the last 12 months.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Revenue was higher than a year earlier in 0 of the last 4 quarters.
- Other income was 99% of net profit in the last 12 months.
- Debtor days went from 44 (FY24) to 65 (FY26).
- No dividend in the last 5 financial years.
- Price ₹221.15 on 2026-10-26: -48.5% from the 52-week high, +42.7% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹588.50 · low ₹170.82
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 22.3% | 25.3% | 28.0% | 24.2% | 27.6% | 26.6% | 22.5% | 5.6% |
| Other income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 5.91 | 6.77 | 5.00 | 6.70 | 7.23 | 6.65 | 6.50 | 4.97 |
| Revenue YoY | -4.9% | 0.0% | -11.0% | -6.3% | ||||
| Profit YoY | +22.9% | -2.4% | +30.0% | -25.0% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 5 | 6 | 3 | 4 | 4 | 4 |
| EBITDA | 1 | 2 | 0 | 1 | 1 | 1 |
| Net profit | 1 | 2 | 1 | 1 | 2 | 2 |
| EPS (₹) | 12.54 | 27.80 | 13.50 | 22.26 | 27.07 | 25.35 |
| Revenue growth | +14.4% | -41.5% | +14.1% | -2.7% | -5.5% | |
| Profit growth | +122.7% | -51.5% | +65.4% | +20.9% | +4.0% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -13.4% | +0.3% | -5.5% |
| Net profit | -0.9% | +36.2% | +4.0% |
| EPS | -0.9% | +36.2% | – |
| Share price | – | +1.8% (2y) | -19.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 12 | 13 | 14 | 16 |
| Borrowings | – | 1 | 1 | 5 | 5 |
| Cash & equivalents | – | 0 | 0 | 0 | 0 |
| Total assets | – | 15 | 15 | 20 | 22 |
| Fixed assets | – | 1 | 1 | 1 | 1 |
| Capital work in progress | – | 0 | 0 | 0 | 0 |
| Investments | – | 0 | 0 | 0 | 0 |
| Receivables | – | 1 | 0 | 1 | 1 |
| Inventory | – | 0 | 0 | 0 | 0 |
| Payables | – | 1 | 1 | 1 | 1 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1 | -1 | -1 | -4 | -1 |
| Cash from investing | 0 | 1 | 1 | 1 | 1 |
| Cash from financing | -2 | 0 | 0 | 3 | -0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Free cash flow | 1 | -1 | -1 | -4 | -1 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 13.7% | 6.2% | 9.3% | 10.2% |
| ROCE % | – | 16.5% | 7.7% | 9.5% | 10.8% |
| Debtor days | – | 49 | 44 | 58 | 65 |
| Inventory days | – | 30 | 61 | 55 | 74 |
| Payable days | – | 128 | 158 | 174 | 198 |
| Cash conversion cycle (days) | – | -49 | -53 | -61 | -59 |
| Working capital days | – | 776 | 1,433 | 1,678 | 1,906 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.44% |
| Public (non-institutions) | 25.56% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.43% | 74.42% | 74.42% | 74.44% | 74.44% | 74.44% | 74.44% | 74.44% |
| Promoter group | % |
|---|---|
| Madhu Chaudhry | 24.95% |
| Niraj Chaudhry | 10.27% |
| Neeraj Chaudhary HUF | 9.06% |
| Pickup Suppliers Private Limited | 8.98% |
| Haryant Stainless Steels LLP | 7.98% |
| Vaishali Chaudhry | 4.90% |
| Niraj Steels LLP | 4.10% |
| Anuradha Kanodia | 3.33% |
| Vaidehi Chaudhry | 0.87% |
| Public holders above 1% | % |
|---|---|
| Vijay Kumar Agarwal | 3.33% |
| Jagmohan Nayyar | 2.23% |
| Karan Nayyar | 2.17% |
848 shareholders. Pledged: – of promoter shares.
Peers in Other
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TSFINV | ₹8,585 cr | 17.6x | 1.4x | 8.4% | 3.6% | 20.5% | +121.7% | 2.30% |
| KRISHANA | ₹6,339 cr | 39.9x | 11.3x | 41.6% | 23.2% | 12.6% | +95.7% | 0.05% |
| MARINE | ₹5,431 cr | 84.2x | 11.0x | 14.3% | 18.0% | 10.8% | +25.6% | 0.07% |
| ZOTA | ₹4,139 cr | – | 6.0x | -22.5% | -12.4% | -0.5% | +56.7% | 0.07% |
| AIMTRON | ₹3,319 cr | 71.7x | 17.1x | 28.0% | 31.8% | 21.8% | – | – |
| ACCORD | ₹2,984 cr | – | 261.7x | 12.4% | 12.0% | 2.4% | – | – |
| MONOLITH | ₹2,646 cr | 64.6x | 24.3x | 36.0% | 48.7% | 24.4% | – | – |
| UTSSAV | ₹2,390 cr | 40.2x | 14.1x | 43.4% | 54.7% | 7.9% | – | – |
| BETA | ₹2,200 cr | 40.6x | 5.0x | 16.4% | 17.0% | 20.8% | – | – |
| NIRAJISPAT | ₹13 cr | 8.7x | 0.8x | 10.1% | 10.2% | 20.6% | -13.4% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2024-08-29 | Other | Annual General Meeting |
| 2023-09-15 | Other | Annual General Meeting |
| 2021-09-23 | Other | Annual General Meeting |
| 2020-09-17 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
Links go to the original files on the exchange website.
About the company
| Sector | |
| Industry | Other |
| Sub-industry | |
| Symbol | NIRAJISPAT |
| BSE code | – |
| ISIN | INE326T01011 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.