1. India Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Nitin Castings Ltd

Nitin Castings Ltd

BBSE:NITINCAST
438.00
INR
0.00
(0.00%)
14.78EPS
36.07P/E
2.74BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
129.31
149.81
229.05
119.6
111.88
143.47
124.64
120.53
187.72
259.44
289.34
292.89
286.11
270.01
Basic EPS, GAAP
3.16
3.96
0.1
2.29
1.64
4.55
2.55
6.34
10.04
9.52
23.59
24.14
20.68
14.78
Free Cash Flow per Basic Share
8.19
-0.68
-4.76
-5.72
-5.49
11.03
17.85
28.4
-2.01
1.09
23.08
18.34
-2.69
- -
Dividend per Share
- -
0.6
0.45
- -
0.6
0.58
0.6
- -
0.5
0.5
0.75
3
3
- -
Book Value per Share
79.64
79.16
150.25
84.49
85.79
89.21
91.27
97.81
107.41
116.54
139.46
160.62
178.42
- -
Tangible Book Value per Share
79.64
79.16
118.22
71.37
77.05
84.83
91.27
97.81
107.41
116.54
139.46
160.62
178.42
- -
Basic Weighted Avg Shares
3
3
3
5
5
5
5
5
5
5
5
5
5
5
Sales/Revenue/Turnover
363
421
643
615
575
738
641
620
965
1,334
1,487
1,506
1,471
1,388
Operating Margin (%)
3.78
3.68
0.07
3.23
2.21
4.27
3.12
7.05
5.58
7.05
8.91
9.63
8.79
5.13
Depreciation Expense
8
10
11
38
39
43
45
22
20
18
17
21
23
24
Net Income, GAAP
9
11
- -
12
8
23
13
33
52
49
121
124
106
76
Effective Tax Rate (%)
37.18
32.9
66.95
32.04
5.22
29.51
21.23
16.73
20.9
42.54
21.49
25.97
23.06
22.33
Profit Margin (%)
2.44
2.64
0.04
1.91
1.46
3.17
2.04
5.26
5.35
3.67
8.15
8.24
7.23
5.47
Working Capital
99
107
158
175
193
211
234
252
307
385
497
541
581
- -
LT Debt
2
4
19
23
72
76
45
4
3
3
27
19
39
- -
Total Equity
224
222
422
434
441
459
469
503
552
599
717
826
917
- -
Return on Invested Capital (%)
3.29
4.02
0.04
2.53
1.8
3.34
2.73
5.34
7.04
7.47
12.45
12.61
8.81
- -
Return on Capital (%)
3.5
4.4
0.32
2.56
2.73
5.12
4.21
7.49
9.41
7.7
16.76
15.22
11.41
- -
Return on Common Equity (%)
4.04
4.98
0.09
2.75
1.92
5.2
2.82
6.7
9.78
8.5
18.43
16.09
12.2
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
100
- -
LT Borrowings
- -
39
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
2,522
2,956
2,741

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,001
- -
Cash, Cash Equivalents & STI
- -
501
- -
Accounts Receivable, Net
- -
199
- -
Inventories
- -
266
- -
Total Current Liabilities
- -
421
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
100
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.22%
12.85%
11.08%
Free Cash Flow
156.46%
325.76%
-114.64%
Net Income, GAAP
463.58%
37.82%
-14.36%
Sales/Revenue/Turnover
10.53%
20.88%
-2.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
399
383
338
386
1,506
2026
357
365
403
346
1,471
2027
275
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7.7
8.17
3.5
4.77
24.14
2026
11.1
2.88
3.29
3.41
20.68
2027
5.2
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
3
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Nitin Shantikumar Kedia
Full Time Employees
267
Sector
Non-energy minerals
Industry
Steel
Address
901 A & B, 81 Crest Mumbai MA India 400601
IPO Date
Apr 20, 2007
Website
nitincastings.com
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Business
Nitin Castings Limited Nitin Castings Limited manufactures high alloy steel castings using centrifugal, static, sand, shell molding, and investment casting methods for heat, wear, and corrosion resistant applications in industries including fertilizers, petrochemicals, industrial furnaces, steel plants, sponge iron plants, pig iron plants, cement plants, valves, reformer tubes, cracking coils, pump castings, tube sheets, tube supports, and brackets. The company, originally incorporated as Aditya Leasing Limited in 1982, transitioned to its current focus on castings after name changes to Nitin Alloys Global Limited in 2006 and Nitin Castings Limited in 2017, with operations starting in 1964 and centralized facilities headquartered at Prestige Precinct, Almeida Road, Thane, Maharashtra, India. It maintains manufacturing units in Silvassa (Dadra and Nagar Haveli) and Vapi (Gujarat), alongside a machining and fabrication workshop, serving domestic and export markets with ISO 9001:2015 quality and ISO 45001:2018 health & safety certifications, plus approvals like Engineers India Limited for critical petrochemical alloys such as ASTM A 560 (50 Cr-50Ni-Nb). Recent developments include sustained revenue growth to ₹153.09 crore in 2024 with a net worth of ₹71.70 crore, employing 132 professionals under leadership including Chairman Nitin Shantikumar Kedia, and board appointments such as Chintan Tarun Rambhia in 2023 and Jayaprakash Preethi in 2022, reflecting ongoing operational strengthening without major publicized acquisitions, partnerships, or strategic shifts in the last 1-2 years.