Niraj Ispat Industries Ltd (NIRAJISPAT) AI Stock Analysis

• Market Cap: N/A
• Dividend Yield: N/A
• Average Volume (3M): N/A
• Price to Earnings (P/E): 7.7
• Beta (1Y): N/A
• Revenue Growth: 13.38%
• EPS Growth: 53.38%
• Country: IN
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Manufacturing - Miscellaneous
• EPS (TTM): 6.65
• Shares Outstanding: N/A
• 10 Day Avg. Volume: N/A
• 30 Day Avg. Volume: N/A
• PEG Ratio: 0.18
• Price to Book (P/B): 1.12
• Price to Sales (P/S): 4.31
• P/FCF Ratio: -3.85
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: ―
• Action: Reiterated Date: 12/30/25
• Date: Action: Reiterated 12/30/25

The score is primarily held back by weak cash generation (deeply negative FY2025 operating and free cash flow) and higher financial risk from the FY2025 debt increase, despite strong reported profitability and improved FY2025 revenue momentum. Technical and valuation inputs were not available in the provided data, limiting confirmation of market trend and valuation support.

Positive Factors

Profitability

Strong profitability with high margins indicates efficient operations and pricing power, supporting long-term financial health and competitive positioning.

Revenue Growth

The revenue rebound suggests recovery and potential market share gains, enhancing the company's growth prospects and market position.

Equity Growth

Growth in equity reflects improved financial stability and shareholder value, providing a stronger capital base for future expansion.

Negative Factors

Cash Flow Weakness

Negative cash flow indicates potential liquidity issues and reliance on external funding, which can limit financial flexibility and growth initiatives.

Rising Debt Levels

Increased debt heightens financial risk and may strain cash flows, making the company more vulnerable to economic downturns and interest rate hikes.

Volatile Revenue

Revenue volatility undermines predictability and planning, potentially affecting long-term strategic initiatives and investor confidence.

Niraj Ispat Industries Ltd Business Overview & Revenue Model

Company Description

Niraj Ispat Industries Ltd. engages in manufacturing of polyester buttons in two or four thread holes used in dresses, sweaters, pouches and shirts. The company was founded on August 19, 1985 and is headquartered in Ghaziabad, India.

How the Company Makes Money

Niraj Ispat Industries Ltd generates revenue through the manufacturing and sale of steel products, which are in high demand due to ongoing construction and infrastructure projects. Key revenue streams include the direct sale of TMT bars and structural steel to contractors, builders, and developers. The company also benefits from long-term contracts with large construction firms, ensuring a steady flow of orders. Additionally, NIRAJISPAT may engage in export activities, tapping into international markets for further revenue generation. Strategic partnerships with suppliers and distributors enhance its market reach and operational efficiency, contributing positively to its earnings.

Niraj Ispat Industries Ltd Financial Statement Overview

Summary

Income statement strength (score 74) shows very strong FY2025 margins and a revenue rebound, and the balance sheet is moderately levered (score 63). However, cash generation is a major weakness (cash flow score 18) with deeply negative FY2025 operating and free cash flow alongside a sharp rise in debt, increasing funding and execution risk.

Income Statement

Profitability is a clear strength, with FY2025 showing very strong margins (gross ~35.6% and net ~35.9%) and revenue rebounding ~13.9% after a sharp decline in FY2024. Earnings improved meaningfully versus FY2024 (net income up from ~8.1M to ~13.4M). The main weakness is volatility in the top line (large swings across years, including a steep FY2024 drop), which reduces confidence in the durability of the growth trajectory despite the strong FY2025 recovery.

Balance Sheet

The company’s capital base looks solid with equity growing to ~143.1M in FY2025 and a moderate leverage profile overall (debt-to-equity ~0.32 in FY2025). Return on equity improved to ~9.3% in FY2025, indicating better profitability versus recent years. The key concern is the sharp step-up in total debt in FY2025 (~45.6M vs ~14.4M in FY2024), which increases financial risk and makes future results more sensitive to execution and cash generation.

Cash Flow

Cash generation is the primary weakness. FY2025 shows deeply negative operating cash flow (~-41.3M) and negative free cash flow (~-42.0M), worsening from FY2024 (still negative). This creates reliance on external funding and reduces financial flexibility, particularly alongside the higher FY2025 debt load. While FY2022 showed strong positive operating and free cash flow, the more recent trend (FY2023–FY2025) signals elevated working-capital or cash-conversion risk.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	19.22M	37.16M	32.62M	55.69M	48.74M	35.65M
Gross Profit	4.87M	13.23M	9.51M	25.35M	16.82M	12.85M
EBITDA	8.26M	19.62M	12.80M	24.08M	12.38M	7.94M
Net Income	5.39M	13.36M	8.10M	16.68M	7.53M	3.47M
Balance Sheet
Total Assets	146.91M	201.01M	154.30M	148.80M	140.58M	141.74M
Cash, Cash Equivalents and Short-Term Investments	142.00K	288.00K	134.00K	175.00K	667.00K	1.54M
Total Debt	10.05M	45.61M	14.44M	13.85M	13.77M	30.73M
Total Liabilities	20.97M	57.95M	24.61M	27.20M	35.66M	44.35M
Stockholders Equity	125.94M	143.06M	129.70M	121.60M	104.92M	97.39M
Cash Flow
Free Cash Flow	1.68M	-41.60M	-8.88M	-7.37M	12.10M	225.23K
Operating Cash Flow	1.68M	-41.32M	-8.87M	-7.33M	12.25M	577.74K
Investing Cash Flow	0.00	10.31M	8.23M	6.88M	4.45M	4.47M
Financing Cash Flow	0.00	31.17M	590.00K	-37.00K	-17.58M	-4.53M

Niraj Ispat Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SALSTEEL	57 Neutral	₹4.86B	15.95	―	―	0.19%	-2962.74%
NIRAJISPAT	53 Neutral	―	7.71	―	―	13.38%	53.38%
SHYAMCENT	49 Neutral	₹1.05B	-5.31	―	―	-41.73%	-37.19%

Niraj Ispat Industries Ltd Corporate Events

Niraj Ispat Industries Releases Unaudited Financial Results

Niraj Ispat Industries Limited announced the publication of its unaudited financial results for the quarter and half-year ending September 30, 2025, in prominent newspapers. This disclosure is part of the company’s compliance with SEBI regulations, reflecting its transparency and commitment to keeping stakeholders informed about its financial performance.