Nitiraj Engineers

Nitiraj Engineers Gross Margin

The Gross Margin of Nitiraj Engineers (NITIRAJ.NS) as of Nov 3, 2026 is 34.96 %. In the previous year, Gross Margin was 38.32 % — a change of -8.77% (lower).

Gross Margin

34.96 %

YoY

-8.77%

Last updated:

Gross Margin of Nitiraj Engineers is 2026 34.96 % . Gross Margin of Nitiraj Engineers was 2025 38.32 % . It decreases by -8.77% lower compared to the previous year.

Nitiraj Engineers's gross margin stands at 35.0%, up from 14.3% several years earlier.

The Nitiraj Engineers Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2019
41.93 INR
Jan 1, 2020
35.96 INR
Jan 1, 2021
22.03 INR
Jan 1, 2022
14.26 INR
Jan 1, 2023
18.17 INR
Jan 1, 2024
42.02 INR
Jan 1, 2025
38.32 INR
Jan 1, 2026
34.96 INR
The Nitiraj Engineers Gross Margin history
YEARGross MarginYoY
34.96 %-8.77%
38.32 %-8.81%
42.02 %+131.21%
18.17 %+27.47%
14.26 %-35.28%
22.03 %-38.74%
35.96 %-14.24%
41.93 %+2.89%
40.75 %-7.76%
44.18 %+0.04%
44.16 %+2.14%
43.24 %+2.99%
41.99 %+10,298.04%
0.40 %-8.79%
0.44 %-24.57%
0.59 %—

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Nitiraj Engineers Stock analysis

What does Nitiraj Engineers do? Nitiraj Engineers Ltd. manufactures and sells electronic weighing scales, currency counting machines, and taxi fare meters under the brand PHOENIX. The company operates in five segments: electronic weighing scales and systems, electronic currency counting machines and digital fare meters, home and hotel automation, mechanical scales, and security and access control products. Its product range includes analytical weighing balances, jewelry scales, platform scales, industrial weighing scales, currency counting machines, and taxi fare meters. The company supplies its products through a service network of approximately 13 branch offices. The primary buyers of Nitiraj Engineers' products are businesses requiring electronic weighing systems, currency handling solutions, and fare metering for taxis and rickshaws. These include retail stores, hotels, security firms, and transportation services. The company's segments target commercial and industrial clients, with home and hotel automation focusing on residential and hospitality sectors. The PHOENIX brand is used across all product lines, ensuring consistent branding for its diverse offerings. Nitiraj Engineers' revenue streams come from the sale of electronic equipment such as weighing scales, currency counters, and fare meters. The company's product portfolio spans multiple segments, including industrial, commercial, and consumer applications. The service network of 13 branch offices supports sales and after-sales services, facilitating customer acquisition and retention across various market segments. Nitiraj Engineers is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Nitiraj Engineers stock

Gross Margin of Nitiraj Engineers is 34.96 % in 2026.

Gross Margin of Nitiraj Engineers changed from 38.32 % to 34.96 %, representing a -8.77% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin Nitiraj Engineers since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's Nitiraj Engineers with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

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