Nifty

:

24231.85

Sensex

:

77537.72

153.55 (0.64%)
628.04 (0.82%)

Login

Nifty
Sensex

:
:

24231.85
77537.72

153.55 (0.64%)
628.04 (0.82%)

Niraj Cement Structurals Ltd.

Engineering - Construction

Rating :

41/99

BSE: 532986 | NSE: NIRAJ

Watchlist

NSE BSE

28.05

20-Aug-2026

Open
High
Low
Previous Close

27.78
28.5
27.26
27.78

Volume
Traded Value (lacs)
52 Week High
52 Week Low

41940
1171900.59
52
20.15

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

166.55
7.03
10

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

210.69
N/A
0.62

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

16.93
23.75
-5.77

EBITDA CAGR (%)

10 Years
5 Years
3 Years

14.22
77.70
11.28

PAT CAGR (%)

10 Years
5 Years
3 Years

36.86
62.77
51.58

P:E (Median)

8 Years
5 Years
3 Years

23.32
23.32
20.51

P:BV (Average)

8 Years
5 Years
3 Years

1.00
1.00
1.09

EV:EBITDA (Average)

8 Years
5 Years
3 Years

9.17
9.17
9.19

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 104.30 94.44 10.44% 134.63 166.61 -19.19% 139.75 119.70 16.75% 171.62 138.02 24.34%
Expenses 102.78 95.32 7.83% 130.87 158.36 -17.36% 133.00 117.29 13.39% 161.63 132.64 21.86%
EBITDA 1.52 -0.88 - 3.76 8.25 -54.42% 6.75 2.41 180.08% 9.98 5.38 85.50%
EBIDTM 1.46% -0.93% 2.79% 4.95% 4.83% 2.01% 5.82% 3.90%
Other Income 7.07 2.88 145.49% 6.54 2.48 163.71% 3.10 1.38 124.64% 2.29 0.99 131.31%
Interest 2.64 0.04 6,500.00% 2.01 0.02 9,950.00% 0.91 0.02 4,450.00% 0.06 0.02 200.00%
Depreciation 0.49 0.57 -14.04% 0.63 0.61 3.28% 0.58 0.53 9.43% 0.63 0.56 12.50%
PBT 5.46 1.40 290.00% 7.66 10.91 -29.79% 8.35 2.97 181.14% 11.59 5.28 119.51%
Tax 1.40 0.30 366.67% 2.43 2.76 -11.96% 2.25 0.75 200.00% 2.41 1.23 95.93%
PAT 4.06 1.09 272.48% 5.23 8.14 -35.75% 6.10 2.22 174.77% 9.18 4.05 126.67%
PATM 3.89% 1.16% 3.88% 4.89% 4.37% 1.85% 5.35% 2.93%
EPS 0.68 0.18 277.78% 0.88 1.36 -35.29% 1.02 0.37 175.68% 1.54 0.68 126.47%

Description Jun 26 Jun 25 Var% Mar 26 Mar 25 Var% Dec 25 Dec 24 Var% Sep 25 Sep 24 Var%
Net Sales 104.53 94.54 10.57% 135.86 167.03 -18.66% 139.88 119.77 16.79% 171.75 138.09 24.38%
Expenses 103.37 95.52 8.22% 131.46 158.81 -17.22% 133.56 117.41 13.76% 162.11 132.84 22.03%
EBITDA 1.16 -0.97 - 4.40 8.23 -46.54% 6.33 2.35 169.36% 9.63 5.25 83.43%
EBIDTM 1.11% -1.03% 3.24% 4.92% 4.52% 1.97% 5.61% 3.80%
Other Income 6.99 2.88 142.71% 6.38 2.26 182.30% 3.08 1.38 123.19% 2.28 0.99 130.30%
Interest 2.64 0.04 6,500.00% 2.01 0.02 9,950.00% 0.91 0.02 4,450.00% 0.06 0.02 200.00%
Depreciation 0.55 0.57 -3.51% 0.67 0.61 9.84% 0.58 0.53 9.43% 0.63 0.56 12.50%
PBT 4.97 1.30 282.31% 8.10 10.77 -24.79% 7.92 2.92 171.23% 11.22 5.15 117.86%
Tax 1.40 0.30 366.67% 2.45 2.30 6.52% 2.25 0.75 200.00% 2.41 1.23 95.93%
PAT 3.57 1.00 257.00% 5.65 8.47 -33.29% 5.67 2.17 161.29% 8.81 3.92 124.74%
PATM 3.41% 1.06% 4.16% 5.07% 4.05% 1.81% 5.13% 2.84%
EPS 0.60 0.17 252.94% 0.95 1.42 -33.10% 0.95 0.50 90.00% 1.48 0.98 51.02%

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 550.30 506.72 470.22 605.31 356.41 174.76 123.63 109.34 107.70 107.97 106.03 Net Sales Growth 6.08% 7.76% -22.32% 69.84% 103.94% 41.36% 13.07% 1.52% -0.25% 1.83% Cost Of Goods Sold 516.77 -3.49 -0.71 9.40 2.37 1.13 2.62 0.00 0.00 -1.10 -0.93 Gross Profit 33.53 510.21 470.92 595.90 354.03 173.63 121.00 109.34 107.70 109.07 106.97 GP Margin 6.09% 100.69% 100.15% 98.45% 99.33% 99.35% 97.87% 100% 100% 101.02% 100.89% Total Expenditure 528.28 490.92 453.82 596.48 351.28 173.87 118.95 107.81 109.40 105.35 101.85 Power & Fuel Cost - 0.24 0.11 0.08 0.10 0.08 0.08 0.05 0.06 0.15 0.07 % Of Sales - 0.05% 0.02% 0.01% 0.03% 0.05% 0.06% 0.05% 0.06% 0.14% 0.07% Employee Cost - 1.41 1.59 1.18 0.80 0.96 0.76 0.63 0.67 0.41 0.36 % Of Sales - 0.28% 0.34% 0.19% 0.22% 0.55% 0.61% 0.58% 0.62% 0.38% 0.34% Manufacturing Exp. - 482.43 443.78 577.58 343.31 168.62 112.98 104.77 106.41 104.31 101.09 % Of Sales - 95.21% 94.38% 95.42% 96.32% 96.49% 91.39% 95.82% 98.80% 96.61% 95.34% General & Admin Exp. - 9.59 8.89 8.15 4.63 3.06 2.40 2.34 2.22 1.50 1.24 % Of Sales - 1.89% 1.89% 1.35% 1.30% 1.75% 1.94% 2.14% 2.06% 1.39% 1.17% Selling & Distn. Exp. - 0.02 0.02 0.06 0.02 0.01 0.01 0.01 0.01 0.04 0.00 % Of Sales - 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.04% 0% Miscellaneous Exp. - 0.72 0.13 0.02 0.05 0.02 0.10 0.01 0.03 0.04 0.00 % Of Sales - 0.14% 0.03% 0.00% 0.01% 0.01% 0.08% 0.01% 0.03% 0.04% 0.01% EBITDA 22.01 15.80 16.40 8.83 5.13 0.89 4.68 1.53 -1.70 2.62 4.18 EBITDA Margin 4.00% 3.12% 3.49% 1.46% 1.44% 0.51% 3.79% 1.40% -1.58% 2.43% 3.94% Other Income 19.00 7.09 7.75 4.05 4.12 3.68 0.39 0.97 7.88 1.35 1.15 Interest 5.62 0.08 0.27 0.48 0.14 0.22 0.21 0.26 0.76 1.42 2.77 Depreciation 2.33 2.22 1.66 1.37 1.42 1.43 1.43 1.44 1.48 1.54 1.57 PBT 33.06 20.59 22.22 11.02 7.68 2.91 3.42 0.81 3.95 1.01 1.00 Tax 8.49 5.00 3.30 2.39 0.79 0.65 0.36 -0.08 3.08 0.21 0.34 Tax Rate 25.68% 24.73% 24.30% 37.29% 24.09% 33.16% 18.56% -6.90% 74.58% 20.79% 34.00% PAT 24.57 15.22 10.28 4.02 2.49 1.32 1.57 1.24 1.05 0.80 0.66 PAT before Minority Interest 24.57 15.22 10.28 4.02 2.49 1.32 1.57 1.24 1.05 0.80 0.66 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 4.46% 3.00% 2.19% 0.66% 0.70% 0.76% 1.27% 1.13% 0.97% 0.74% 0.62% PAT Growth 58.52% 48.05% 155.72% 61.45% 88.64% -15.92% 26.61% 18.10% 31.25% 21.21% EPS 4.12 2.55 1.72 0.67 0.42 0.22 0.26 0.21 0.18 0.13 0.11

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Net Sales 552.02 507.14 470.85 606.12 356.41 174.76 Net Sales Growth 6.27% 7.71% -22.32% 70.06% 103.94% Cost Of Goods Sold 516.76 -3.49 -0.71 9.40 2.37 1.13 Gross Profit 35.26 510.63 471.56 596.71 354.04 173.63 GP Margin 6.39% 100.69% 100.15% 98.45% 99.34% 99.35% Total Expenditure 530.50 491.37 455.02 596.88 351.37 173.87 Power & Fuel Cost - 0.24 0.11 0.08 0.10 0.08 % Of Sales - 0.05% 0.02% 0.01% 0.03% 0.05% Employee Cost - 1.53 1.71 1.31 0.82 0.74 % Of Sales - 0.30% 0.36% 0.22% 0.23% 0.42% Manufacturing Exp. - 482.43 443.78 577.59 343.31 168.62 % Of Sales - 95.13% 94.25% 95.29% 96.32% 96.49% General & Admin Exp. - 9.91 9.96 8.43 4.69 3.28 % Of Sales - 1.95% 2.12% 1.39% 1.32% 1.88% Selling & Distn. Exp. - 0.02 0.02 0.06 0.02 0.01 % Of Sales - 0.00% 0.00% 0.01% 0.01% 0.01% Miscellaneous Exp. - 0.72 0.13 0.01 0.05 0.02 % Of Sales - 0.14% 0.03% 0.00% 0.01% 0.01% EBITDA 21.52 15.77 15.83 9.24 5.04 0.89 EBITDA Margin 3.90% 3.11% 3.36% 1.52% 1.41% 0.51% Other Income 18.73 6.87 7.75 4.05 4.12 3.68 Interest 5.62 0.08 0.27 0.48 0.14 0.22 Depreciation 2.43 2.22 1.66 1.37 1.42 1.43 PBT 32.21 20.35 21.66 11.43 7.60 2.91 Tax 8.51 5.00 3.30 2.49 0.77 0.65 Tax Rate 26.42% 24.90% 25.35% 36.51% 24.06% 33.16% PAT 23.70 15.08 9.72 4.33 2.43 1.32 PAT before Minority Interest 23.70 15.08 9.72 4.33 2.43 1.32 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 4.29% 2.97% 2.06% 0.71% 0.68% 0.76% PAT Growth 52.31% 55.14% 124.48% 78.19% 84.09% EPS 3.97 2.53 1.63 0.73 0.41 0.22

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 243.68 152.77 176.28 179.43 176.87 175.39 156.45 154.45 153.40 137.76 Share Capital 59.69 40.16 40.16 43.11 43.11 21.61 21.61 14.86 11.79 10.79 Total Reserves 183.98 112.62 136.13 136.32 133.76 136.58 134.84 131.29 128.41 126.97 Non-Current Liabilities -0.14 -0.15 -0.19 5.50 10.51 14.93 15.54 50.32 104.76 71.64 Secured Loans 0.00 0.00 0.00 5.40 10.34 14.62 15.11 49.61 103.99 67.82 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.88 Long Term Provisions 0.33 0.32 0.28 0.23 0.23 0.30 0.43 0.38 0.23 0.23 Current Liabilities 139.75 102.87 137.83 127.58 89.44 39.60 46.23 53.63 97.00 80.18 Trade Payables 35.79 18.94 38.23 30.32 7.77 29.73 26.64 20.78 24.96 35.32 Other Current Liabilities 94.96 80.37 71.12 92.53 65.20 6.81 18.87 30.62 69.56 27.88 Short Term Borrowings 0.58 0.15 25.93 3.86 15.72 1.97 0.00 1.76 2.04 16.57 Short Term Provisions 8.42 3.41 2.55 0.87 0.76 1.10 0.71 0.47 0.44 0.41 Total Liabilities 383.29 255.49 313.92 312.51 276.82 229.92 218.22 258.40 355.16 289.58 Net Block 10.70 9.35 7.10 8.47 9.85 11.23 13.16 15.66 16.73 19.98 Gross Block 39.04 35.47 31.57 31.56 31.52 31.47 31.43 33.98 36.06 39.96 Accumulated Depreciation 28.34 26.12 24.47 23.09 21.67 20.24 18.27 18.32 19.32 19.98 Non Current Assets 74.80 57.55 51.05 52.34 60.10 47.55 55.91 79.56 105.71 111.47 Capital Work in Progress 0.87 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Non Current Investment 22.89 15.16 14.47 14.01 13.84 0.04 0.12 0.11 1.47 1.37 Long Term Loans & Adv. 40.34 33.04 29.47 29.86 36.42 36.27 42.62 63.79 87.51 90.12 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Assets 308.49 197.95 262.87 260.18 216.72 182.37 162.31 178.83 249.45 178.11 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 6.86 6.34 2.66 5.57 6.53 7.57 10.08 19.77 19.77 16.64 Sundry Debtors 68.45 56.55 102.05 77.53 66.11 63.78 86.69 94.21 149.84 63.27 Cash & Bank 30.30 22.92 22.74 37.18 5.66 11.26 3.85 7.07 13.52 6.64 Other Current Assets 202.88 0.32 2.03 1.90 138.42 99.77 61.68 57.78 66.32 91.55 Short Term Loans & Adv. 202.79 111.81 133.39 137.99 136.60 98.04 59.93 55.98 65.08 90.55 Net Current Assets 168.74 95.07 125.04 132.59 127.28 142.77 116.08 125.20 152.45 97.93 Total Assets 383.29 255.50 313.92 312.52 276.82 229.92 218.22 258.39 355.16 289.58

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Shareholder's Funds 243.22 152.46 176.53 179.37 176.87 Share Capital 59.69 40.16 40.16 43.11 43.11 Total Reserves 183.53 112.30 136.38 136.26 133.76 Non-Current Liabilities 2.10 0.44 -0.19 5.48 10.51 Secured Loans 0.00 0.00 0.00 5.40 10.34 Unsecured Loans 2.22 0.57 0.00 0.00 0.00 Long Term Provisions 0.35 0.33 0.28 0.23 0.23 Current Liabilities 139.26 103.41 138.22 127.61 89.44 Trade Payables 35.81 19.43 38.53 30.34 7.77 Other Current Liabilities 95.04 80.42 71.22 92.54 65.20 Short Term Borrowings 0.00 0.15 25.93 3.86 15.72 Short Term Provisions 8.42 3.41 2.55 0.87 0.76 Total Liabilities 384.58 256.31 314.56 312.46 276.82 Net Block 10.70 9.35 7.10 8.47 9.85 Gross Block 39.04 35.47 31.57 31.56 31.52 Accumulated Depreciation 28.34 26.12 24.47 23.09 21.67 Non Current Assets 74.90 57.67 51.61 52.27 60.10 Capital Work in Progress 0.87 0.00 0.00 0.00 0.00 Non Current Investment 22.87 15.20 14.46 14.00 13.84 Long Term Loans & Adv. 40.46 33.12 30.05 29.80 36.42 Other Non Current Assets 0.00 0.00 0.00 0.00 0.00 Current Assets 309.69 198.64 262.95 260.19 216.72 Current Investments 0.00 0.00 0.00 0.00 0.00 Inventories 6.86 6.34 2.66 5.57 6.53 Sundry Debtors 68.98 57.17 102.06 77.54 66.11 Cash & Bank 41.33 22.94 22.81 37.19 5.66 Other Current Assets 192.52 0.32 2.03 1.90 138.42 Short Term Loans & Adv. 192.14 111.87 133.39 137.99 136.60 Net Current Assets 170.43 95.23 124.73 132.58 127.28 Total Assets 384.59 256.31 314.56 312.46 276.82

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -82.90 27.95 -30.45 38.59 -5.17 -18.01 9.10 49.99 -59.13 -8.09 PBT 20.22 13.58 6.41 3.28 1.97 1.94 1.16 4.13 0.98 1.00 Adjustment -32.12 -34.31 0.00 -0.99 -0.29 2.13 2.09 1.33 2.10 3.16 Changes in Working Capital -66.00 51.98 -36.85 37.09 -6.20 -21.71 6.09 44.91 -61.80 -11.88 Cash after chg. in Working capital -77.91 31.25 -30.45 39.38 -4.52 -17.65 9.35 50.36 -58.73 -7.72 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -5.00 -3.30 0.00 -0.79 -0.65 -0.36 -0.25 -0.37 -0.40 -0.37 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -18.77 -5.51 15.08 -11.12 -9.30 8.73 25.24 0.64 1.54 0.66 Net Fixed Assets -4.44 -3.90 -0.01 -0.04 -0.05 -0.04 2.55 2.08 3.90 0.00 Net Investments -7.73 -0.69 -0.46 -0.17 -13.80 0.08 -0.01 1.36 -0.10 0.00 Others -6.60 -0.92 15.55 -10.91 4.55 8.69 22.70 -2.80 -2.26 0.66 Cash from Financing Activity 103.91 -26.05 4.82 -16.99 9.34 18.47 -35.79 -55.41 63.47 7.62 Net Cash Inflow / Outflow 2.24 -3.61 -10.55 10.48 -5.13 9.20 -1.46 -4.78 5.88 0.19 Opening Cash & Equivalents 1.37 4.97 15.52 5.04 10.17 0.97 2.43 7.21 1.33 1.14 Closing Cash & Equivalent 3.60 1.37 4.97 15.52 5.04 10.17 0.97 2.43 7.21 1.33

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Cash From Operating Activity -72.87 26.91 -29.85 38.52 -5.17 PBT 20.08 13.02 6.82 3.20 1.97 Adjustment -31.91 -34.29 0.00 -0.99 -0.29 Changes in Working Capital -56.05 51.48 -36.67 37.10 -6.20 Cash after chg. in Working capital -67.87 30.21 -29.85 39.31 -4.52 Interest Paid 0.00 0.00 0.00 0.00 0.00 Tax Paid -5.00 -3.30 0.00 -0.79 -0.65 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -18.86 -4.86 14.55 -11.04 -9.30 Net Fixed Assets -4.44 -3.90 -0.01 -0.04 Net Investments -7.73 -0.69 -0.46 -0.17 Others -6.69 -0.27 15.02 -10.83 Cash from Financing Activity 104.97 -25.71 4.82 -16.99 9.34 Net Cash Inflow / Outflow 13.24 -3.66 -10.48 10.49 -5.13 Opening Cash & Equivalents 1.39 5.05 15.53 5.04 10.17 Closing Cash & Equivalent 14.63 1.39 5.05 15.53 5.04

Financial Ratios

Standalone /

Consolidated

Right to Left

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 40.82 38.04 43.90 43.95 43.31 83.21 82.28 98.38 118.89 127.64 ROA 4.77% 3.61% 1.28% 0.84% 0.52% 0.70% 0.52% 0.34% 0.25% 0.23% ROE 7.68% 6.25% 2.28% 1.42% 0.80% 1.02% 0.83% 0.73% 0.57% 0.48% ROCE 10.22% 7.80% 3.49% 1.71% 1.09% 1.15% 0.73% 1.96% 0.92% 1.58% Fixed Asset Turnover 13.60 14.03 19.18 11.30 5.55 3.93 3.34 3.08 2.84 2.65 Receivable days 45.02 61.56 54.15 73.55 135.64 222.12 301.93 413.54 360.23 215.55 Inventory Days 4.76 3.49 2.48 6.20 14.72 26.06 49.84 67.01 61.55 51.93 Payable days -2860.23 0.00 1330.17 2929.81 6083.17 86.99 80.71 76.60 104.27 125.51 Cash Conversion Cycle 2910.01 65.05 -1273.54 -2850.06 -5932.81 161.19 271.05 403.96 317.51 141.97 Total Debt/Equity 0.00 0.00 0.15 0.08 0.17 0.12 0.13 0.39 0.95 0.77 Interest Cover 253.44 51.56 14.35 24.78 9.92 10.37 5.46 6.44 1.71 1.36

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21
Book Value (Rs.) 40.75 37.97 43.96 43.93 43.31 ROA 4.71% 3.41% 1.38% 0.82% 0.48% ROE 7.62% 5.91% 2.45% 1.39% 0.76% ROCE 10.11% 7.48% 3.69% 1.67% 1.06% Fixed Asset Turnover 13.61 14.05 19.20 11.30 5.54 Receivable days 45.40 61.72 54.08 73.56 138.08 Inventory Days 4.75 3.49 2.48 6.19 13.63 Payable days -2886.90 0.00 1336.32 2931.18 2521.97 Cash Conversion Cycle 2937.05 65.21 -1279.77 -2851.42 -2370.26 Total Debt/Equity 0.01 0.00 0.15 0.08 0.17 Interest Cover 251.68 49.47 15.18 24.20 9.92

Top Investors:

bylan-niraj infra projects private limited

chem logistics & infra private limited

dileep kumar singh

Annual Reports:

News Update:

Niraj Cement Structurals’ JV bags order worth Rs 256.89 crore
6th Aug 2026, 09:23 AM

The order is to be executed within 32 months
Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.

Feedback