Nitiraj Engineers LimitedQ1 FY27 Results & Financial Update
Nitiraj Engineers Limited: Q1 FY27 standalone results and company financials – revenue ₹18.84 Cr, PAT ₹1.02 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Nitiraj Engineers price & chart
Quarter overview
Quarterly earnings analysis
During the quarter ended June 30, 2026, Nitiraj Engineers Limited registered a strong operational turnaround, reporting revenue from operations of INR 18.84 crore, representing a robust sequential and year-on-year expansion compared to preceding periods.
Total income for the quarter stood at INR 19.10 crore, inclusive of INR 0.26 crore in other income, reflecting healthy top-line demand across the company's core product segments.
The company successfully swung back to profitability during the quarter, posting a Profit Before Tax (PBT) of INR 1.40 crore and a Profit After Tax (PAT) of INR 1.02 crore, recovering strongly from net losses reported in the preceding quarter ended March 31, 2026.
Basic and diluted earnings per share (EPS) for Q1 FY27 recovered to INR 1.00 per share, moving up from negative territory in the previous sequential quarter.
On the regulatory and strategic front, the company achieved a major milestone during the quarter by securing the Type Certificate from the Directorate General of Civil Aviation (DGCA) on June 9, 2026, for its agricultural drone model 'NADR10'.
Despite obtaining manufacturing approval for its Unmanned Aircraft System and RPTO activities, management noted that no substantial income or expenditure was attributable to these new drone segments during the quarter, confirming that the company continues to operate within a single reportable business segment under Ind AS 108.
During the quarter ended June 30, 2026, Nitiraj Engineers Limited posted a strong sequential and year-on-year recovery in revenue from operations, reaching INR 18.84 crore compared to INR 8.18 crore in the preceding quarter and INR 10.54 crore in the corresponding period of the previous year.
01 · Business model
What does Nitiraj Engineers do?
Nitiraj Engineers Limited is engaged in the manufacturing of industrial electrical equipment, electronic weighing scales and systems, electronic currency counting machines, and home automation products.
The company operates through its registered office in Mumbai, a corporate office and works located in Dhule, Maharashtra, along with multiple branch offices across various states including Chhattisgarh, Maharashtra, and Odisha.
Expanding beyond traditional weighing and measuring devices, the company has diversified into new aviation verticals, specifically establishing capabilities for Remote Pilot Training Organisation (RPTO) and Unmanned Aircraft System (Drone) activities.
02 · Financial snapshot
Current quarter vs the two useful baselines
| Metric | Q1 FY27 | Year-ago | Previous quarter |
|---|---|---|---|
| Revenue from operations | ₹18.84 Cr | ₹10.54 Cr | ₹8.18 Cr |
| Total income | ₹19.10 Cr | ₹10.90 Cr | ₹8.55 Cr |
| Profit before tax | ₹1.40 Cr | ₹-0.43 Cr | ₹-0.85 Cr |
| Profit after tax | ₹1.02 Cr | ₹-0.32 Cr | ₹-0.64 Cr |
| EPS | ₹1.00 | ₹-0.32 | ₹-0.62 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 5.4% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 7.4% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.26 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
03 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations improved to INR 18.84 crore during Q1 FY27, supported by higher uptake across industrial electrical equipment and weighing systems.
Revenue from operations increased significantly to INR 18.84 crore in Q1 FY27 from INR 8.18 crore in Q4 FY26 and INR 10.54 crore in Q1 FY25.
What drove margins
Cost of materials consumed stood at INR 11.25 crore during the quarter, offset by a positive inventory adjustment of INR 1.10 crore for finished goods and work-in-process.
Employee benefits expense was reported at INR 1.57 crore, while other expenses stood at INR 5.17 crore for the quarter.
04 · Reported developments
What changed operationally
The company swung back to a net profit of INR 1.02 crore in Q1 FY27 after reporting net losses in the previous quarter.
Secured official DGCA certification for the 'NADR10' agricultural drone, marking a key milestone in the company's diversification into unmanned aerial systems.
The company reported a positive net profit of INR 1.02 crore for the quarter, recovering from net losses in preceding periods.
Obtained Type Certificate for the 'NADR10' agricultural drone from the Directorate General of Civil Aviation.
05 · Beyond the numbers
What changed beyond the numbers
Internal and Cost Auditor Appointments
The Board approved the appointment of M/s Agrawal Kucheriya & Co as Internal Auditor and M/s Cheena & Associates as Cost Auditor for FY 2026-27.
06 · Key Q&A
The quarter, answered directly
What does Nitiraj Engineers do?
Nitiraj Engineers Limited is engaged in the manufacturing of industrial electrical equipment, electronic weighing scales and systems, electronic currency counting machines, and home automation products.
What is the clearest takeaway from Q1 FY27?
During the quarter ended June 30, 2026, Nitiraj Engineers Limited registered a strong operational turnaround, reporting revenue from operations of INR 18.84 crore, representing a robust sequential and year-on-year expansion compared to preceding periods.
What drove revenue or demand?
Revenue from operations improved to INR 18.84 crore during Q1 FY27, supported by higher uptake across industrial electrical equipment and weighing systems.
What mattered most for margins or profitability?
Cost of materials consumed stood at INR 11.25 crore during the quarter, offset by a positive inventory adjustment of INR 1.10 crore for finished goods and work-in-process.
What changed operationally beyond the headline numbers?
The Board approved the appointment of M/s Agrawal Kucheriya & Co as Internal Auditor and M/s Cheena & Associates as Cost Auditor for FY 2026-27.
What should the next disclosure help confirm?
Monitor commercial production and revenue generation from the newly certified 'NADR10' agricultural drone and RPTO operations in upcoming quarters.
07 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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08 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Commercialization of Drone Segment: Monitor commercial production and revenue generation from the newly certified 'NADR10' agricultural drone and RPTO operations in upcoming quarters.
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