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Niraj Cement Structurals Limited

NSE: NIRAJ · Unclassified

₹25.40-2.08%06 Nov 2026

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Instant answers about Niraj Cement Structurals Limited — computed from its filings, no language model
Market cap₹152 cr
Current price₹25.40
High / Low₹43 / ₹21
P/E10.2
P/B0.57
Book value₹44.5
ROE5.6%
ROCE11.1%
Debt / equity0.29
Dividend yield—
EPS (TTM)₹2.49
Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin
FY22FY23FY24FY25FY26
Revenue356.4606.1470.9507.1542.0
EBITDA5.09.215.816.319.4
Operating margin1.4%1.5%3.4%3.2%3.6%
Interest0.10.50.30.13.0
Depreciation1.41.41.72.22.5
Profit before tax3.26.813.020.128.5
Tax0.82.53.35.07.4
Net profit0.00.00.00.021.1
EPS ₹0.621.082.572.543.54
Operating cash flow37.2-29.926.9-78.0-98.0
Capex0.00.03.90.05.2
Dividend paid0.00.00.00.00.0
Total assets—315.3225.0384.2467.3
Equity—176.5152.5241.9265.9

Quarterly performance

last 20 quarters · ₹ crore
showing latest 8 of 20 periods
SEP '21DEC '21MAR '22JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26
Revenue63.565.5159.680.2106.6105.0314.399.1111.0126.7134.182.6138.1119.8167.094.5171.7139.9135.9104.5
Operating profit1.00.72.71.01.00.86.5-0.62.03.88.10.35.22.48.2-1.09.66.34.41.2
Operating margin1.5%1.1%1.7%1.3%0.9%0.7%2.1%-0.6%1.8%3.0%6.0%0.4%3.8%2.0%4.9%-1.0%5.6%4.5%3.2%1.1%
Other income0.80.62.20.81.20.81.11.92.31.91.71.71.01.42.32.92.33.16.47.0
Interest0.00.10.00.00.00.20.20.20.00.00.00.00.00.00.00.00.10.92.02.6
Depreciation0.40.40.30.40.40.40.30.30.60.40.20.50.60.50.60.60.60.60.70.6
Profit before tax0.60.61.50.81.00.94.10.71.11.69.61.15.22.910.81.311.27.98.15.0
Tax0.10.10.40.20.20.21.60.30.30.32.30.21.20.82.30.32.42.22.51.4
Net profit0.40.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.05.75.73.6
EPS ₹0.100.110.110.150.190.170.630.090.200.331.810.210.980.500.140.171.480.950.950.60
Revenue YoY————67.9%60.3%97.0%23.5%4.1%20.6%-57.3%-16.6%24.4%-5.4%24.6%14.4%24.4%16.8%-18.7%10.6%
Profit YoY————-100.0%———————————————

Earlier results (standalone, Jun '08 – Jun '21)

₹ crore · from BSE, before the NSE XBRL filings begin

Niraj Cement Structurals Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods
FY11†FY12†FY13†FY14†FY15†FY16†FY17†FY18†FY19†FY20†FY21†
Revenue308.4311.7116.849.2102.1106.0108.0107.7109.3123.2174.8
Operating profit22.420.58.61.315.54.22.6-1.71.33.30.9
Operating margin7.3%6.6%7.3%2.7%15.2%3.9%2.4%-1.6%1.2%2.7%0.5%
Other income2.72.5—1.4——1.37.91.00.83.7
Interest5.78.612.06.013.52.71.40.80.30.20.2
Depreciation2.82.82.12.02.51.61.51.51.41.41.4
Profit before tax15.411.6-5.6-5.30.11.01.04.11.21.92.0
Tax4.43.90.10.0-0.00.30.23.1-0.10.40.7
Net profit11.17.7-5.7-5.30.10.70.81.11.21.61.3

Quarters

showing latest 8 of 51 periods
JUN '08†SEP '08†DEC '08†JUN '09†SEP '09†MAR '10†JUN '10†SEP '10†DEC '10†MAR '11†JUN '11†SEP '11†DEC '11†MAR '12†JUN '12†SEP '12†DEC '12†MAR '13†JUN '13†SEP '13†DEC '13†MAR '14†JUN '14†SEP '14†DEC '14†MAR '15†JUN '15†SEP '15†DEC '15†MAR '16†JUN '16†SEP '16†DEC '16†MAR '17†JUN '17†SEP '17†DEC '17†MAR '18†JUN '18†SEP '18†DEC '18†MAR '19†JUN '19†SEP '19†DEC '19†MAR '20†JUN '20†SEP '20†DEC '20†MAR '21†JUN '21†
Revenue35.338.840.231.635.667.977.872.871.985.9114.594.252.350.835.927.735.817.412.69.210.816.611.46.632.751.421.026.537.720.825.022.825.734.524.023.025.435.324.221.820.243.224.324.830.443.827.883.318.445.367.8
Operating profit3.94.05.23.94.26.26.74.85.45.58.06.42.23.92.43.22.30.8-0.71.80.10.10.60.41.912.60.71.11.11.30.80.60.60.50.60.60.1-3.00.20.50.40.20.20.40.82.00.81.5-1.90.50.7
Operating margin11.0%10.3%13.0%12.4%11.8%9.1%8.5%6.6%7.5%6.4%7.0%6.8%4.2%7.6%6.6%11.5%6.3%4.4%-5.2%19.7%1.2%0.3%5.6%5.6%5.8%24.6%3.3%4.1%2.8%6.3%3.2%2.7%2.4%1.6%2.7%2.6%0.3%-8.5%0.9%2.3%1.9%0.4%1.0%1.5%2.5%4.5%2.8%1.8%-10.3%1.2%1.0%
Other income0.31.20.70.20.21.50.30.50.31.51.60.50.30.1————0.80.20.10.3———0.50.30.2—0.70.20.10.01.00.00.20.47.20.30.10.00.60.50.20.20.00.00.02.51.20.6
Interest1.12.04.11.41.82.41.41.01.42.02.21.51.43.42.02.82.15.21.41.70.42.51.10.00.611.70.10.50.51.70.20.10.10.90.10.20.10.30.00.20.10.00.10.00.10.10.10.10.10.00.0
Depreciation0.71.00.40.70.80.80.80.80.80.40.70.80.80.40.70.70.60.10.60.60.60.30.30.30.41.40.50.50.50.20.40.30.30.50.40.30.20.60.30.20.20.80.40.40.40.30.40.40.40.30.4
Profit before tax2.32.21.51.91.94.54.83.52.54.76.64.50.20.1-0.3-0.3-0.5-4.5-1.9-0.3-0.7-2.4-0.80.00.90.00.40.40.10.10.40.20.30.10.10.30.13.60.10.20.20.70.30.10.51.10.41.10.10.40.5
Tax0.80.30.30.60.51.31.51.10.01.92.21.50.10.00.00.00.00.10.00.00.00.00.00.00.0-0.00.00.00.00.30.00.00.00.20.00.00.03.10.00.00.1-0.20.00.00.10.20.10.20.00.30.1
Net profit1.51.91.21.41.43.13.42.42.52.84.43.00.20.1-0.3-0.3-0.5-4.6-1.9-0.3-0.7-2.4-0.80.00.90.10.40.40.1-0.20.40.20.3-0.10.10.30.10.50.10.20.10.90.20.10.40.80.30.80.10.10.4
EPS ₹2.262.111.451.321.383.023.262.332.272.594.072.800.150.13-0.03-0.02-0.04-4.27-0.17-0.03-0.07—-0.77—0.080.040.360.340.01-0.190.330.190.27-0.070.120.230.060.340.040.010.010.480.130.010.020.540.110.330.030.070.10
Revenue YoY———-10.6%-8.2%—146.7%104.3%—26.4%47.0%29.3%-27.3%-40.8%-68.7%-70.5%-31.5%-65.8%-64.8%-67.0%-69.8%-4.6%-9.7%-27.5%202.3%210.0%84.5%300.3%15.2%-59.5%18.8%-14.1%-31.7%65.5%-3.8%0.7%-1.4%2.6%0.8%-5.3%-20.6%22.2%0.2%13.8%50.6%1.4%14.3%236.5%-39.5%3.5%144.4%
Profit YoY———-11.1%-25.5%—147.8%69.2%—-10.3%30.3%24.8%-93.5%-95.0%-107.5%-108.9%-387.5%-3392.9%—————————1750.0%-87.9%-520.0%-7.7%-43.2%172.7%—-61.1%66.7%-73.3%—-50.0%-54.3%87.5%79.2%242.9%-43.8%173.3%-2.3%20.8%822.2%-73.2%-90.5%41.4%

Returns & margins

trailing-twelve-month, per quarter
showing latest 8 of 17 periods
JUN '22SEP '22DEC '22MAR '23JUN '23SEP '23DEC '23MAR '24JUN '24SEP '24DEC '24MAR '25JUN '25SEP '25DEC '25MAR '26JUN '26
ROE—0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%2.2%4.3%5.6%
ROCE—1.9%2.1%3.6%3.6%4.2%4.5%8.7%8.8%11.0%11.8%8.2%8.3%10.3%12.6%9.2%11.1%
Net margin0.1%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%1.0%2.1%2.7%
EBITDA margin1.5%1.3%1.2%1.5%1.2%1.4%1.8%2.8%3.1%3.6%3.4%3.2%2.9%3.5%4.0%3.6%3.9%
Debt / equity—0.210.210.150.150.010.010.000.000.020.020.010.010.000.000.290.29
Interest coverage23.1929.2916.1415.2111.3111.3316.4549.22149.78219.00234.87250.00202.40188.2931.3110.456.73
Asset turnover—1.151.261.921.982.162.242.092.021.991.961.321.351.421.471.161.18

Balance sheet

equity vs borrowings over time · ₹ crore
showing latest 6 of 8 periods
SEP '22MAR '23SEP '23MAR '24SEP '24MAR '25SEP '25MAR '26
Share capital43.143.143.143.140.259.759.759.7
Other equity / reserves137.6133.4134.6109.3117.0182.2195.0206.2
Total equity180.7176.5177.7152.5157.2241.9254.7265.9
Borrowings38.426.21.70.72.52.21.176.0
Current liabilities169.4138.2113.071.682.3139.7132.7195.8
Non-current liabilities8.60.50.30.92.62.62.55.6
Total assets358.7315.3291.0225.0242.1384.2389.9467.3
Property, plant & equipment7.87.16.19.310.511.613.114.3
Capital work-in-progress0.00.00.00.00.00.00.0—
Investments14.014.514.815.215.022.917.315.0
Inventories5.82.72.76.39.17.210.15.6
Receivables74.4102.189.257.268.069.067.372.6
Cash & equivalents24.122.823.922.926.441.30.031.9

Cash flow

annual · ₹ crore · line = free cash flow
FY22FY23FY24FY25FY26
Cash from operations37.2-29.926.9-78.0-98.0
Cash from investing-13.914.3-4.94.517.1
Cash from financing-12.85.0-25.775.270.8
Capex0.00.03.90.05.2
Free cash flow37.1-29.923.0-78.0-103.2
Dividends paid0.00.00.00.00.0

Where the assets sit

Mar '26 · ₹ crore
Fixed assets (PPE)
₹14.3 cr3%
Investments
₹15.0 cr3%
Inventories
₹5.6 cr1%
Receivables
₹72.6 cr16%
Cash & equivalents
₹31.9 cr7%
Other assets
₹327.9 cr70%

Peer comparison

largest in Unclassified · this company in bold
CompanyMarket cap ₹crPriceP/EP/BROE
Avantel Limited36,86,04,549138.69—1059360.680.0%
Ducol Organics And Colours Limited19,55,275120.00—20089.130.0%
Jio Platforms Limited12,57,1811,406.40—3.57—
SBI Funds Management Limited1,01,750499.55———
Tamilnadu Telecommunication Limited91,3149.93———
Manipal Health Enterprises Limited76,294646.70———
INDO-MIM Limited59,0421,219.50———
AvenuesAI Limited45,138129.25153.69.516.2%
Dhoot Transmission Limited32,7611,601.60—8.11—
3M India Limited31,07127,570.0053.817.5732.7%
Niraj Cement Structurals Limited15225.4010.20.575.6%

StoxGud checklist: Bearish setup · 3/10

  • Price above 50-day average
  • Price above 200-day average
  • 50-day average above 200-day (uptrend)
  • RSI in healthy 40–70 zone
  • Positive 1-year return
  • Return on equity above 15%
  • Debt to equity below 1
  • Revenue growing year on year
  • Net profit margin above 10%
  • P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-7.7%
6 months-24.6%
1 year-22.3%
3Y CAGR-11.3%
5Y CAGR-7.1%
10Y CAGR—
50-day avg₹27.20
200-day avg₹28.87
RSI (14)39

FAQs

What is the share price of Niraj Cement Structurals Limited?

Niraj Cement Structurals Limited (NIRAJ) closed at ₹25.40 on NSE on 06 Nov 2026.

What is the market cap of Niraj Cement Structurals Limited?

₹152 crore at the latest close.

What is the P/E ratio of Niraj Cement Structurals Limited?

10.2, on trailing-twelve-month earnings from its filings.

How fast is Niraj Cement Structurals Limited growing?

Niraj Cement Structurals Limited: revenue has compounded at -3.7% a year over three years. Latest-quarter revenue is up 10.6% year on year.

How profitable is Niraj Cement Structurals Limited?

On a trailing-twelve-month basis return on equity is 5.6%, return on capital employed 11.1%, operating margin 3.9%, net margin 2.7%.

How much debt does Niraj Cement Structurals Limited have?

Niraj Cement Structurals Limited is lightly geared: debt to equity is 0.29 with borrowings of ₹76 cr against cash of ₹32 cr (balance sheet of 2026-03-31). Operating profit covers interest 6.7 times.

Financials parsed from Niraj Cement Structurals Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '21, annual from FY22, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.