AI Summary
✦ ClarthaNitiraj Engineers is an electronic equipment manufacturer producing weighing scales, currency counters, and taxi fare meters. Electronic weighing systems anchor the portfolio, spanning industrial, retail, healthcare, and domestic applications. Currency counting machines and digital fare meters add specialised revenue streams, while automation and mechanical scales broaden the offering. Revenue fell 39.3% year-on-year, while the reported golden cross offers limited operational evidence, given the stock’s 0.2% decline and weak earnings momentum. Profit declined 78%, despite improving margins, indicating a low earnings base and limited operating conversion. ROE is only 1.3%, while debt/equity of 0.03 makes Nitiraj effectively net-cash and limits financial leverage risk. At 204.6 times earnings, the shares are rich and trade far above current growth, which is negative. Neutral sentiment reflects the central question: can the company restore revenue growth across weighing, currency-counting, and automation products before valuation becomes more defensible?
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
Analyst coverage unavailable
Fundamentals
Fundamentals institutional score is 2 using EVA spread proxy -10.7%; growth durability 0.0.
Valuation
Valuation institutional score is 20 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
No usable analyst target or recommendation data was available.
Technical Structure
Technicals institutional score is 87 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.
Signal Summary
Market intelligence remains Mixed. technical structure provide support, while fundamentals and valuation remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 3.1% above historical median. Valuation is declining — currently in the undervalued zone (z-score: +0.16). Confidence: 75%.
Forward outlook is unavailable because live next-12-month estimate data is not available for this ticker right now.
5Y Average
147.61
Current
204.59
Overvalued
223.89
Undervalued
178.89
5Y Average
3.33
Current
4.65
Overvalued
4.65
Undervalued
1.69
5Y Average
41.59
Current
58.17
Overvalued
58.14
Undervalued
21.10
Peers & Comparison
Sector: Information Technology · Theme: Electronic Equipments
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
ADITYA INFOTECH LIMITED CPPLUSElectronic Equipments | +45.5% | 8.7% | 118.1x Premium | +64% vs avg | +248.7% |
APOLLO MICRO SYSTEMS LTD APOLLOElectronic Equipments | +81.3% | 12.5% | 123.3x Premium | +71% vs avg | +116.8% |
AVALON TECHNOLOGIES LTD AVALONElectronic Equipments | +49.8% | 7.4% | 113.8x Premium | +58% vs avg | +120.0% |
HONEYWELL AUTOMATION IND HONAUTElectronic Equipments | +1.8% | 11.7% | 61.2x Fair | -15% vs avg | +5.5% |
GENUS POWER INFRASTRU LTD GENUSPOWERElectronic Equipments | +64.1% | 12.5% | 14.3x Undervalued | -80% vs avg | -17.0% |
GNG ELECTRONICS LIMITED EBGNGElectronic Equipments | +32.1% | 7.2% | 44.4x Undervalued | -39% vs avg | +66.3% |
CENTUM ELECTRONICS LTD CENTUMElectronic Equipments | -7.7% | -4.9% | 56.6x Undervalued | -22% vs avg | +57.5% |
ADVAIT ENRGY TRANSITION L ADVAITElectronic Equipments | +17.2% | 7.2% | 46.2x Undervalued | -36% vs avg | +57.6% |
Comparable-scale peer data is limited — showing nearest stored business/industry peers instead of an empty comparison.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹8.18 CrMar 2026Latest net profit
₹-0.64 CrMar 2026Latest EPS
₹-0.62Mar 2026Net margin
-3.7%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 11.37 | 11.71 | 15.91 | 20.25 | 52.58 | 4.27 | 12.56 | 37.08 | 22.61 | 10.54 | 16.39 | 11.31 | 8.18 |
| Expenses + | 10.40 | 9.91 | 13.15 | 16.68 | 42.32 | 5.89 | 11.86 | 27.47 | 21.86 | 10.52 | 13.68 | 10.20 | 8.48 |
| Operating Profit | 0.97 | 1.80 | 2.76 | 3.57 | 10.26 | -1.62 | 0.70 | 9.61 | 0.75 | 0.02 | 2.71 | 1.11 | -0.30 |
| OPM % | 8.53% | 15.37% | 17.35% | 17.63% | 19.51% | -37.94% | 5.57% | 25.92% | 3.32% | 0.19% | 16.53% | 9.81% | -3.67% |
| Other Income + | 0.17 | 0.23 | 0.09 | 0.17 | 0.50 | 0.26 | 0.21 | 0.09 | 0.35 | 0.36 | 0.40 | 0.34 | 0.37 |
| Interest | 0.04 | 0.05 | -0.00 | 0.01 | 0.02 | 0.03 | 0.01 | 0.07 | 0.10 | -0.00 | 0.03 | 0.01 | 0.02 |
| Depreciation | 0.96 | 0.81 | 0.85 | 0.87 | 0.83 | 0.81 | 0.86 | 0.93 | 0.91 | 0.81 | 0.91 | 0.92 | 0.90 |
| Profit before tax | 0.14 | 1.17 | 2.00 | 2.86 | 9.91 | -2.20 | 0.04 | 8.70 | 0.09 | -0.43 | 2.17 | 0.52 | -0.85 |
| Tax % | 214.29% | 24.79% | 20.00% | 25.17% | 25.13% | -25.00% | 50.00% | 25.17% | 155.56% | -25.58% | 25.35% | 23.08% | -25.88% |
| Net Profit + | -0.17 | 0.87 | 1.61 | 2.14 | 7.42 | -1.65 | 0.02 | 6.51 | -0.06 | -0.32 | 1.63 | 0.39 | -0.64 |
| EPS in Rs | -0.17 | 0.85 | 1.57 | 2.09 | 7.24 | -1.61 | 0.02 | 6.35 | -0.06 | -0.31 | 1.59 | 0.38 | -0.62 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Certificate under SEBI (Depositories and Participants) Regulations, 2018