Nitiraj Engineers

Nitiraj Engineers Quick Ratio

The Quick Ratio (Acid Test) of Nitiraj Engineers (NITIRAJ.NS) as of Oct 28, 2026 is 2.71. In the previous year, Quick Ratio (Acid Test) was 4.13 — a change of -34.39% (lower).

Quick Ratio

2.71

YoY

-34.39%

Last updated:

Quick Ratio (Acid Test) of Nitiraj Engineers is 2026 2.71 . Quick Ratio (Acid Test) of Nitiraj Engineers was 2025 4.13 . It decreases by -34.39% lower compared to the previous year.

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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

Quick Ratio (Acid Test) of Nitiraj Engineers is 2.71 in 2026.

Quick Ratio (Acid Test) of Nitiraj Engineers changed from 4.13 to 2.71, representing a -34.39% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Quick Ratio (Acid Test) Nitiraj Engineers since 2006 – with annual values, charts, and detailed analysis.

The Quick Ratio measures liquidity by comparing liquid assets to current liabilities, excluding inventory. It is a more conservative measure than the current ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Quick Ratio (Acid Test)'s Nitiraj Engineers with sector peers and the industry average to assess whether it is attractive.

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