Niraj Cement Structurals Limited

Construction · Construction

NSE: NIRAJ BSE: 532986

₹27.66

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Construction

The largest companies in the same industry by market cap. This company ranks #74 of 110. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
Larsen & Toubro Limited	517,274	71.3	14.7%	2.4%	1.01%	62	20	12
Rail Vikas Nigam Limited	42,067	50.7	8.9%	-41.4%	0.85%	52	17	47
Kalpataru Projects International Limited	23,577	26.3	13.3%	11.0%	0.80%	52	60	49
NBCC (India) Limited	21,195	32.2	23.1%	-28.3%	—	77	0	10
IRB Infrastructure Developers Limited	21,124	13.3	4.1%	-57.8%	—	54	93	11
Cemindia Projects Limited	20,481	34.5	24.9%	46.2%	0.25%	62	1	29
Engineers India Limited	17,401	25.7	22.0%	53.5%	—	83	49	89
Techno Electric & Engineering Company Limited	11,732	22.8	11.4%	-24.6%	0.69%	66	69	68
Niraj Cement Structurals Limited (this stock)	165	6.7	7.9%	-40.4%	—	60	100	48

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹203 Cr

EV / EBITDA

5.0x

EV / Sales

0.37x

Market cap / Sales

0.30x

Earnings yield

14.90%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 111 Cr, up 14.4% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	104	5	4	₹0.6800
March 31, 2026	135	8	5	₹0.8800
Dec. 31, 2025	140	8	6	₹1.0200
Sept. 30, 2025	172	12	9	₹1.5400
June 30, 2025	94	1	1	₹0.1800
March 31, 2025	167	11	8	₹0.1400
Dec. 31, 2024	120	3	2	₹0.5100
Sept. 30, 2024	138	5	4	₹1.0100
June 30, 2024	82	1	1	₹0.2000
March 31, 2024	134	10	7	₹1.8700
Dec. 31, 2023	126	1	1	₹0.2500
Sept. 30, 2023	111	1	1	₹0.2100
June 30, 2023	99	1	1	₹0.2400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	111	141	143	174	97	169	121	139	84	136	128	113	101
Operating revenue	104	135	140	172	94	167	120	138	82	134	126	111	99
Other income	7	7	3	2	3	2	1	1	2	2	2	2	2
Operating expenses	103	131	133	162	95	158	117	133	82	126	123	109	99
Operating profit	2	4	7	10	-1	8	2	5	0	8	3	2	-0
Operating profit margin	1.5%	2.8%	4.8%	5.8%	-0.9%	5.0%	2.0%	3.9%	0.4%	6.2%	2.7%	1.9%	0.0%
Depreciation	0	1	1	1	1	1	1	1	1	0	0	1	0
Interest	3	2	1	0	0	0	0	0	0	0	0	0	0
Exceptional items, gain / (loss)	—	—	—	—	—	1	-0	-0	-0	—	-4	-3	—
Profit before tax	5	8	8	12	1	11	3	5	1	10	1	1	1
Tax	1	2	2	2	0	3	1	1	0	2	0	0	0
Net profit	—	5	6	—	1	8	2	4	1	7	1	1	1
EPS	0.68	0.88	1.02	1.54	0.18	0.14	0.51	1.01	0.20	1.87	0.25	0.21	0.24
Net profit (TTM)	—	—	—	—	16	15	15	13	10	10	5	4	4
EPS (TTM)	4.12	3.62	2.88	2.37	1.84	1.86	3.59	3.33	2.53	2.57	1.18	1.11	1.10

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	540	29	22
March 31, 2025	507	20	15
March 31, 2024	470	14	10
March 31, 2023	605	6	4

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Total income (before exceptional items)	-3.1%	25.5%	555^†	513^†	478^†	609^†	361^†	178^†	124^†	110^†	116^†	109^†
Operating revenue	-3.7%	25.3%	540	507	470	605	356^†	175^†	123^†	109^†	108^†	108^†
Other income	—	—	15^†	7^†	8^†	4^†	4^†	4^†	1^†	1^†	8^†	1^†
Operating expenses	—	—	521^†	490^†	456^†	596^†	351^†	174^†	120^†	108^†	109^†	105^†
Operating profit	30.0%	86.3%	20^†	16^†	14^†	9^†	5^†	1^†	3^†	1^†	-2^†	3^†
Operating profit margin	—	—	3.6%^†	3.2%^†	3.0%^†	1.5%^†	1.4%^†	0.5%^†	2.7%^†	1.2%^†	-1.6%^†	2.8%^†
Depreciation	—	—	2^†	2^†	2^†	1^†	1^†	1^†	1^†	1^†	1^†	2^†
Interest	—	—	3^†	0^†	0^†	0^†	0^†	0^†	0^†	0^†	1^†	1^†
Exceptional items, gain / (loss)	—	—	0^†	-0^†	-6^†	-5^†	-4^†	-1^†	-1^†	1^†	0^†	0^†
Profit before tax	65.4%	71.2%	29	20	14	6	3^†	2^†	2^†	1^†	4^†	1^†
Tax	—	—	7^†	5^†	3^†	2^†	1^†	1^†	0^†	-0^†	—	—
Net profit	75.2%	74.8%	22	15	10	4	2^†	1^†	2^†	1^†	1^†	1^†
EPS	52.5%	46.3%	3.62^†	1.86^†	2.57^†	1.02^†	0.64^†	0.54^†	0.70^†	—	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
Operating margin	3.6%^†	3.2%^†	3.0%^†	1.5%^†	1.4%^†	0.5%^†	2.7%^†	1.2%^†	-1.6%^†	2.8%^†
EBIT margin	5.9%^†	4.0%^†	2.9%^†	1.1%^†	1.0%^†	1.3%^†	1.7%^†	1.3%^†	4.5%^†	2.2%^†
PBT margin	5.4%	4.0%	2.9%	1.1%	0.9%^†	1.1%^†	1.6%^†	1.1%^†	3.8%^†	0.9%^†
Net margin	4.0%	3.0%	2.2%	0.7%	0.7%^†	0.8%^†	1.3%^†	1.1%^†	1.0%^†	0.7%^†
Interest coverage	10.63x^†	253.44x^†	51.57x^†	14.36x^†	24.78x^†	9.92x^†	10.37x^†	4.97x^†	6.44x^†	1.71x^†
Dividend payout	—	—	—	—	—	—	—	—	—	—
Earnings retention	—	—	—	—	—	—	—	—	—	—
Current ratio	2.05x	2.23x	—	—	—	—	—	—	—	—
Quick ratio	2.02x	2.18x	—	—	—	—	—	—	—	—
Debt to equity	0.25x	0.00x	—	—	—	—	—	—	—	—
Return on equity	8.1%	6.2%	—	—	—	—	—	—	—	—
Return on assets	4.7%	4.0%	—	—	—	—	—	—	—	—
Return on capital employed	12.0%^†	8.3%^†	—	—	—	—	—	—	—	—
Asset turnover	1.18x	1.33x	—	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	-86	20	64	3	-88
March 31, 2025	-78	-2	75	-4	-73
March 31, 2024	28	-6	-26	4	24
March 31, 2023	-30	15	5	0	-30
March 31, 2022	37	-14	-13	0	37

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	460	267	207	68	0	394	193	30	12	5
March 31, 2025	382	244	184	0	0	307	138	30	12	7
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.