Niraj Cement Structurals Ltd. | Small-cap | Industrials
₹35.04
-2.67%
| Niraj Cement Stock Comparison:
Niraj Cement vs Larsen & ToubroNiraj Cement vs Rail Vikas NigamNiraj Cement vs J. KumarNiraj Cement vs Ceigall IndiaNiraj Cement vs Bondada EngineeringNiraj Cement vs NIFTY 50 | Market
TL;DR Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Jun 2025

Income Metrics

Revenue 945.4M
Gross Profit 25.2M 2.67%
Operating Income -15.4M -1.63%
Net Income 10.0M 1.06%
EPS (Diluted) ₹0.17

Balance Sheet Metrics

Total Assets 3.9B
Total Liabilities 1.4B
Shareholders Equity 2.4B
Debt to Equity 0.58

Cash Flow Metrics

Revenue & Profitability Trend

Niraj Cement Income Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Revenue i 5.0B 4.6B 5.9B 3.4B 1.7B
Cost of Goods Sold i 4.8B 4.4B 5.9B 3.5B 1.7B
Gross Profit i 225.7M 195.9M 54.3M -9.8M 14.9M
Gross Margin % i 4.5% 4.2% 0.9% -0.3% 0.9%
Operating Expenses
Research & Development i - - - - -
Selling, General & Administrative i 33.9M 38.3M 25.4M 16.8M 15.3M
Other Operating Expenses i 62.0M 56.4M 55.9M 26.9M 11.6M
Total Operating Expenses i 95.8M 94.7M 81.3M 43.7M 26.9M
Operating Income i 141.0M 144.7M 78.5M 36.5M -5.4M
Operating Margin % i 2.8% 3.1% 1.3% 1.1% -0.3%
Non-Operating Items
Interest Income i 25.5M 10.8M 11.4M 10.8M 21.0M
Interest Expense i 701.0K 2.3M 4.8M 1.3M 2.2M
Other Non-Operating Income - - - - -
Pre-tax Income i 200.8M 130.2M 68.2M 32.0M 19.7M
Income Tax i 50.0M 33.0M 24.9M 7.7M 6.5M
Effective Tax Rate % i 24.9% 25.4% 36.6% 24.1% 32.8%
Net Income i 150.8M 97.2M 43.3M 24.3M 13.2M
Net Margin % i 3.0% 2.1% 0.7% 0.7% 0.8%
Key Metrics
EBITDA i 229.9M 231.3M 132.2M 90.0M 45.2M
EPS (Basic) i ₹3.51 ₹2.57 ₹1.08 ₹0.61 ₹0.37
EPS (Diluted) i ₹3.51 ₹2.57 ₹1.08 ₹0.61 ₹0.37
Basic Shares Outstanding i 42996929 40155300 40155300 40155300 40155000
Diluted Shares Outstanding i 42996929 40155300 40155300 40155300 40155000

Income Statement Trend

Niraj Cement Balance Sheet From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Assets
Current Assets
Cash & Equivalents i 146.3M 13.8M 50.4M 155.2M 50.4M
Short-term Investments i - - - - -
Accounts Receivable i 689.8M 571.7M 1.0B 775.4M 661.1M
Inventory i 68.6M 63.4M 26.6M 55.7M 65.3M
Other Current Assets 143.1M -2.0K 1.0K -2.0K 2.9M
Total Current Assets i 3.1B 1.7B 2.6B 2.6B 2.2B
Non-Current Assets
Property, Plant & Equipment i 0 93.5M 71.0M 0 0
Goodwill i - - - - -
Intangible Assets i - - - - -
Long-term Investments - - - - -
Other Non-Current Assets 68.1M 73.1M 71.2M 33.3M 44.8M
Total Non-Current Assets i 753.7M 582.1M 520.9M 524.2M 601.7M
Total Assets i 3.9B 2.3B 3.2B 3.1B 2.8B
Liabilities
Current Liabilities
Accounts Payable i 358.1M 194.3M 385.3M 303.4M 77.7M
Short-term Debt i 0 1.5M 259.3M 80.6M 199.8M
Current Portion of Long-term Debt - - - - -
Other Current Liabilities 2.3M 2.6M 103.0K 286.5M 262.0M
Total Current Liabilities i 1.4B 716.3M 1.4B 1.3B 894.4M
Non-Current Liabilities
Long-term Debt i 22.2M 5.7M 0 54.0M 103.4M
Deferred Tax Liabilities i - - - - -
Other Non-Current Liabilities - -1.0K -5.0K - -1.0K
Total Non-Current Liabilities i 25.7M 9.1M 2.8M 56.3M 105.7M
Total Liabilities i 1.4B 725.4M 1.4B 1.3B 1.0B
Equity
Common Stock i 596.9M 401.6M 401.6M 431.1M 431.1M
Retained Earnings i 0 - 0 0 -
Treasury Stock i - - - - -
Other Equity - - - - -
Total Shareholders Equity i 2.4B 1.5B 1.8B 1.8B 1.8B
Key Metrics
Total Debt i 22.2M 7.2M 259.3M 134.6M 303.2M
Working Capital i 1.7B 951.7M 1.2B 1.3B 1.3B

Balance Sheet Composition

Niraj Cement Cash Flow Statement From 2021 to 2025

Metric 2025 2024 2023 2022 2021
Operating Activities
Net Income i 200.8M 100.2M 68.2M 32.0M 19.7M
Depreciation & Amortization i - - - - -
Stock-Based Compensation i - - - - -
Working Capital Changes i -774.5M 694.0M -434.5M 144.3M 161.6M
Operating Cash Flow i -638.8M 434.4M -380.1M 151.5M 162.5M
Investing Activities
Capital Expenditures i - - - 0 0
Acquisitions i - - - - -
Investment Purchases i - -6.9M -4.6M -212.1M -138.0M
Investment Sales i - - 38.9M - 4.7M
Investing Cash Flow i -51.4M -44.8M 37.5M -423.1M -132.6M
Financing Activities
Share Repurchases i - - - - -
Dividends Paid i - - - - -
Debt Issuance i - - - - -
Debt Repayment i - - - - -
Financing Cash Flow i 1.0B -254.5M 107.0M -119.1M 138.4M
Free Cash Flow i -773.1M 230.1M -298.6M 384.9M -52.1M
Net Change in Cash i 343.8M 135.1M -235.5M -390.8M 168.3M

Cash Flow Trend

Niraj Cement Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 13.02
Price to Book 1.17
Price to Sales 0.52
PEG Ratio -0.68

Profitability Ratios

Profit Margin 2.94%
Operating Margin 1.41%
Return on Equity 6.20%
Return on Assets 3.92%

Financial Health

Current Ratio 2.22
Debt to Equity 0.92
Beta -0.38

Per Share Data

EPS (TTM) ₹3.47
Book Value per Share ₹38.58
Revenue per Share ₹93.99

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
niraj 2.7B 13.02 1.17 6.20% 2.94% 0.92
Larsen & Toubro 5.1T 32.37 5.25 13.03% 5.90% 114.74
Rail Vikas Nigam 722.8B 60.57 7.56 13.39% 6.03% 56.62
J. Kumar 48.9B 11.97 1.62 13.01% 6.92% 23.43
Ceigall India 47.3B 17.04 2.51 15.95% 7.76% 0.76
Bondada Engineering 44.3B 38.68 9.78 35.79% 7.12% 38.09

Financial data is updated regularly. All figures are in the company's reporting currency.