Is Niraj Ispat Industries the Best Stock in Its Sector? A Look at the Numbers
- October 5, 2026
- Posted by: Lakshit Sharma
- Category: Market
Niraj Ispat Industries CMP Rs 300 (05 Oct 2026). Market cap Rs 18 Cr. ROE 10.20%. P/E 11.84x versus Industry P/E 39.16x.
Quick Answer
Niraj Ispat Industries is one of the names investors compare when screening the Plastic Products sector, built on a 10.20% return on equity and a P/E of 11.84x against an Industry P/E of 39.16x. Whether Niraj Ispat Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Plastic Products sector peers, so you can judge that for yourself.
Is Niraj Ispat Industries the best stock in its sector? The stock trades on the NSE at Rs 300 as of 05 October 2026, within its 52-week range of Rs 155.00 to Rs 429.65. Niraj Ispat Industries Ltd manufactures polyester buttons.
Niraj Ispat Industries sits in the Plastic Products sector, and its 10.20% ROE and 11.84x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
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About Niraj Ispat Industries
Niraj Ispat Industries Ltd manufactures polyester buttons. Despite its name, the company makes polyester buttons rather than steel, and with a market capitalisation of only about Rs 18 Cr it is extremely thinly traded, so the quoted price may not be reliably tradable. At a market capitalisation of Rs 18 Cr, it is tracked as part of the Plastic Products sector on Univest.
Is Niraj Ispat Industries the Best Stock in Its Sector?
Niraj Ispat Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 10.20% ROE with a 11.84x P/E against the sector’s 39.16x Industry P/E. Niraj Ispat Industries’ 11.84x P/E is far below the 39.16x Industry P/E despite a 10.20% ROE, but the stock is an extremely thinly traded micro-cap, so the discount should be treated with particular caution.
| Metric | Niraj Ispat Industries |
|---|---|
| CMP (NSE) | Rs 300.00 |
| 52-Week High / Low | Rs 429.65 / Rs 155.00 |
| Market Cap | Rs 18 Cr |
| P/E (TTM) vs Industry P/E | 11.84x vs 39.16x |
| P/B | 1.13 |
| ROE | 10.20% |
| EPS (TTM) | Rs 25.34 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.29 |
Compare Niraj Ispat Industries Against Other Plastic Products Sector Stocks
How Niraj Ispat Industries Compares Against Its Plastic Products Sector Peers
The table below sets Niraj Ispat Industries against 2 other Plastic Products sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Niraj Ispat Industries | 18 | 11.84 | 10.20% | 0.29 |
| Kanpur Plastipack | 604 | 13.39 | 14.71% | 0.42 |
| Emmbi Industries | 173 | 19.93 | 4.37% | 0.89 |
| Peer average (2 companies) | – | 16.66 | 9.54% | 0.66 |
Against this peer set, Niraj Ispat Industries’s 10.20% ROE is above the 9.54% peer average, and its P/E of 11.84x runs below the peer average of 16.66x. Niraj Ispat Industries’ 11.84x P/E is far below the 39.16x Industry P/E despite a 10.20% ROE, but the stock is an extremely thinly traded micro-cap, so the discount should be treated with particular caution.
What Makes Niraj Ispat Industries Worth Watching in Plastic Products
- Well below Industry P/E: An 11.84x P/E against a 39.16x Industry P/E is a wide discount for a business with a 10.20% ROE.
- Low leverage: A debt to equity ratio of 0.29 is comfortable.
- Extreme illiquidity: With a market capitalisation of about Rs 18 Cr and only a handful of shares trading at a time, the stock carries severe liquidity risk.
Niraj Ispat Industries Valuation: Is It Justified?
Niraj Ispat Industries’ 11.84x P/E is far below the 39.16x Industry P/E despite a 10.20% ROE, but the stock is an extremely thinly traded micro-cap, so the discount should be treated with particular caution. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Nelcast the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Niraj Ispat Industries and other Plastic Products sector stocks.
How to Track Niraj Ispat Industries Before You Invest
Before deciding whether Niraj Ispat Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Plastic Products sector peers using the steps below.
- Open the Univest Screener and search for Niraj Ispat Industries to view live price, valuation ratios, and peer comparisons within the Plastic Products sector.
- Compare its P/E, P/B, and ROE against other Plastic Products sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Niraj Ispat Industries earns a place in the best stock in its sector conversation on the strength of a 10.20% ROE and a P/E of 11.84x against a 39.16x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Niraj Ispat Industries the best stock in its sector?
Ans. Niraj Ispat Industries has a 10.20% ROE and trades at 11.84x P/E against a 39.16x Industry P/E, and compares above the peer average ROE of 9.54% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Niraj Ispat Industries?
Ans. Niraj Ispat Industries was trading at Rs 300.00 on the NSE as of 05 October 2026, within its 52-week range of Rs 155.00 to Rs 429.65.
What sector does Niraj Ispat Industries belong to?
Ans. Niraj Ispat Industries is classified under the Plastic Products sector on Univest.
How does Niraj Ispat Industries compare to its sector peers on P/E?
Ans. Niraj Ispat Industries’s P/E of 11.84x is below the 16.66x average of the 2 named peers compared in this article.
What is Niraj Ispat Industries’s return on equity?
Ans. Niraj Ispat Industries reported a return on equity of 10.20%, which is above the 9.54% average of its named peers in this comparison.
Should I invest in Niraj Ispat Industries based on its sector position?
Ans. Niraj Ispat Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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