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Day Open
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Day High
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NSE Close — 25 Sep 2026
₹28.11
Change
-1.02 (-3.5%)
Open
₹29.13
Prev. Close
₹29.13
Day High
₹29.15
Day Low
₹27.72
Volume Analysis
Traded
33,826
Delivered
22,400
Delivery %
66.22%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (2)
- •Low return on equity (8.3%)
- •Low operating margin (3.9%)
Opportunities (1)
- •Strong 3-year EPS growth (48.6%)
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹30.37 | ₹29.76 | ₹28.94 | ₹28.33 | ₹27.51 | ₹26.9 | ₹26.08 |
| Fibonacci | ₹29.76 | ₹29.21 | ₹28.88 | ₹28.33 | ₹27.78 | ₹27.45 | ₹26.9 |
| Camarilla | ₹28.5 | ₹28.37 | ₹28.24 | ₹28.33 | ₹27.98 | ₹27.85 | ₹27.72 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-30.02%
1 Week
-2.23%
1 Month
-4.22%
3 Months
-5.32%
6 Months
+24.99%
1 Year
-38.11%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹59.6
Current price is at or below the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
8.88%
Net margin 4.35% × asset turnover 1.16x × equity multiplier 1.76x
Company Overview
Sector
Construction
Market Cap
₹168 Cr
P/E (TTM)
7.08
ROE
8.3%
Book Value
₹44.6
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Niraj Cement Struc Ltd lands in the middle of the pack on TopFund's composite fundamentals check within the Construction sector, at 50/100. The strongest factor is Financial Strength (100/100), while Cash Flow (20/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; low return on equity (8.3%); low operating margin (3.9%). Strong 3-year EPS growth (48.6%).
TopFund Score — Fundamentals Quality
50/100 — AverageData confidence: 78/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Stock is trading at 0.63 times its book value
- +Company has delivered good profit growth of 62.1% CAGR over last 5 years
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Promoter holding is low: 24.9%
- −Company has a low return on equity of 8.50% over last 3 years.
- −Earnings include an other income of Rs.18.7 Cr.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
28th AGM on 28 Sep 2026; annual report issued, including RPT approvals and investment limit increase.
Niraj Cement Structurals incorporated Niraj Group Foundation on 20 August 2026 for CSR activities.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 99 | 111 | 127 | 134 | 83 | 138 | 120 | 167 | 95 | 172 | 140 | 136 | 105 |
| Expenses + | 100 | 109 | 123 | 126 | 82 | 133 | 117 | 159 | 96 | 162 | 134 | 131 | 103 |
| Operating Profit | -1 | 2 | 4 | 8 | 0 | 5 | 2 | 8 | -1 | 10 | 6 | 4 | 1 |
| OPM % | -0.65% | 1.9% | 2.97% | 6.2% | 0.39% | 3.8% | 1.97% | 4.93% | -1.04% | 5.61% | 4.53% | 3.24% | 1.11% |
| Other Income + | 2 | 0 | -2 | 2 | 1 | 0 | 1 | 3 | 3 | 2 | 3 | 6 | 7 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 3 |
| Depreciation | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 2 | 10 | 1 | 5 | 3 | 11 | 1 | 11 | 8 | 8 | 5 |
| Tax % | 49.3% | 27.93% | 21.21% | 23.54% | 23.15% | 24.03% | 25.68% | 21.36% | 23.26% | 21.48% | 28.41% | 30.25% | 28.23% |
| Net Profit + | 0 | 1 | 1 | 7 | 1 | 4 | 2 | 8 | 1 | 9 | 6 | 6 | 4 |
| EPS in Rs | 0 | 0 | 0 | 2 | 0 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales + | 175 | 356 | 606 | 471 | 507 | 542 | 552 |
| Expenses + | 174 | 351 | 597 | 455 | 491 | 523 | 530 |
| Operating Profit | 1 | 5 | 9 | 16 | 16 | 19 | 22 |
| OPM % | 0.5% | 1.4% | 1.5% | 3.4% | 3.2% | 3.6% | 3.9% |
| Other Income + | 3 | 0 | -1 | -1 | 6 | 15 | 19 |
| Interest | 0 | 0 | 0 | 0 | 0 | 3 | 6 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 3 | 7 | 13 | 20 | 29 | 32 |
| Tax % | 33.0% | 24.0% | 37.0% | 25.0% | 25.0% | 26.0% | — |
| Net Profit + | 1 | 2 | 4 | 10 | 15 | 21 | 24 |
| EPS in Rs | 0 | 1 | 1 | 2 | 3 | 4 | 4 |
| Dividend Payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Reserves | 134 | 136 | 133 | 112 | 184 | 206 |
| Borrowings + | 30 | 13 | 26 | 1 | 2 | 76 |
| Other Liabilities + | 70 | 120 | 113 | 104 | 140 | 125 |
| Total Liabilities | 277 | 313 | 315 | 257 | 385 | 467 |
| Fixed Assets + | 10 | 8 | 7 | 9 | 11 | 14 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 14 | 14 | 14 | 15 | 23 | 15 |
| Other Assets + | 253 | 290 | 293 | 232 | 351 | 438 |
| Total Assets | 277 | 313 | 315 | 257 | 385 | 467 |
| Equity Capital | 43 | 43 | 43 | 40 | 60 | 60 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -5 | 39 | -30 | 27 | -73 | -98 |
| Cash from Investing Activity + | -9 | -11 | 15 | -5 | -19 | 17 |
| Cash from Financing Activity + | 9 | -17 | 5 | -26 | 105 | 71 |
| Net Cash Flow | -5 | 10 | -10 | -4 | 13 | -10 |
| CFO/OP | -508 | 778 | -323 | 191 | -416 | -466 |
| Free Cash Flow | -5 | 38 | -30 | 23 | -77 | -103 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 75.74% | 75.74% | 75.75% | 75.71% | 75.61% | 77.47% | 75.11% | 74.47% | 74.47% | 75.01% | 75.02% | 74.98% |
| Promoters | 24.26% | 24.26% | 24.26% | 24.26% | 24.26% | 22.53% | 24.89% | 24.89% | 24.89% | 24.89% | 24.89% | 24.89% |
| FII | 0.0% | 0.0% | 0.0% | 0.03% | 0.12% | 0.0% | 0.0% | 0.0% | 0.0% | 0.09% | 0.09% | 0.0% |
| DII | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.63% | 0.63% | 0.0% | 0.0% | 0.13% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Construction — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Niraj Cement Struc Ltd (this stock) | 168 | 7.08 | 0.63 | 8.3% |
| Bharat Road Network Ltd | 141 | — | 0.35 | -8.15% |
| Tarmat Limited | 140 | 19.8 | 0.75 | 3.47% |
| Madhav Infra Projects L | 203 | 7.75 | 0.85 | 10.7% |
| Sadbhav Engineering Ltd | 128 | 14.6 | -1.15 | — |
| Bcpl Railway Infra Ltd | 115 | 14.0 | 1.19 | 6.78% |
| Rudrabhishek Enterp Ltd | 111 | — | 0.8 | -7.57% |
Which Mutual Funds Hold Niraj Cement Struc Ltd?
Frequently Asked Questions about Niraj Cement Struc Ltd
Niraj Cement Struc Ltd (NIRAJ) closed at ₹28.11 on NSE on 25 September 2026, down 1.02 (3.5%) from the previous close.
Niraj Cement Struc Ltd trades on the NSE (National Stock Exchange of India) under the symbol NIRAJ.
Niraj Cement Struc Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 7.08.
Niraj Cement Struc Ltd has a dividend yield of 0.0%.
Niraj Cement Struc Ltd's 52-week high is ₹49.4 and its 52-week low is ₹20.2.
Niraj Cement Struc Ltd has a market capitalisation of ₹168 crore.
Niraj Cement Struc Ltd has a TopFund Quality Score of 50/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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