Nitiraj Engineers Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth shows a steady upward trend, indicating strong demand in the manufacturing sector.
Cost management has improved, leading to enhanced profit margins over the recent quarters.
Recent investments in technology suggest a commitment to innovation, which could drive future growth.

NEGATIVES

Declining net profit in the latest quarter compared to previous periods raises concerns about profitability.
High raw material costs have negatively impacted margins, reflecting industry-wide inflationary pressures.
Increased competition in the manufacturing sector may limit market share and affect growth potential.

Field	Jun 21	Sep 21	Dec 21	Mar 22	Jun 22	Sep 22	Dec 22	Mar 23
Revenue	4.99	8.78	12.27	13.59	7.50	15.85	11.36	11.37
Expenses	5.46	8.96	12.20	14.85	7.89	15.97	11.28	11.41
Operating Profit	-0.47	-0.18	0.07	-1.26	-0.39	-0.11	0.08	-0.04
Other Income	0.06	0.18	0.06	0.29	0.03	0.08	0.19	0.17
Interest	0.08	0.14	0.13	0.15	0.14	0.07	0.08	0.04
Depreciation	0.72	0.75	0.78	0.88	0.89	0.91	0.92	0.96
Profit Before Tax	-0.42	-0.04	0.12	-4.28	-0.40	-0.09	0.15	0.30
Tax	-0.01	0.05	0.04	-1.17	-0.10	0.19	-0.20	0.30
Net Profit	-0.41	-0.09	0.08	-3.11	-0.30	-0.28	0.36	-0
Eps in Rs	-0.40	-0.08	0.08	-3.03	-0.29	-0.28	0.35	0