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    Non-energy minerals

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    Steel
Nitin Castings Ltd

Nitin Castings Ltd

BBSE:NITINCAST
434.90
INR
-3.10
(-0.71%)
14.78EPS
36.07P/E
2.74BMarket Cap
Nitin Castings Ltd
BSE:NITINCAST
(Bombay Stock Exchange)

Recent

price

434.90

P/E

ratio

36.07

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
110.75
122.81
123.39
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
Revenue per Share
5.19
5.04
5.1
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
Basic EPS, GAAP
2.32
6.11
7.42
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
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
0.6
0.45
- -
0.6
0.58
0.6
- -
0.5
0.5
0.75
3
3
- -
Dividend per Share
66.34
71.39
76.49
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
- -
Book Value per Share
66.34
71.39
76.49
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
- -
Tangible Book Value per Share
3
3
3
3
3
3
5
5
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
311
345
346
363
421
643
615
575
738
641
620
965
1,334
1,487
1,506
1,471
1,388
Sales/Revenue/Turnover
10.04
8.63
7.03
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
Operating Margin (%)
10
10
8
8
10
11
38
39
43
45
22
20
18
17
21
23
24
Depreciation Expense
15
14
14
9
11
- -
12
8
23
13
33
52
49
121
124
106
76
Net Income, GAAP
36.95
32.53
32.45
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
Effective Tax Rate (%)
4.69
4.11
4.13
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
Profit Margin (%)
54
66
76
99
107
158
175
193
211
234
252
307
385
497
541
581
- -
Working Capital
19
9
- -
2
4
19
23
72
76
45
4
3
3
27
19
39
- -
LT Debt
186
200
215
224
222
422
434
441
459
469
503
552
599
717
826
917
- -
Total Equity
8.1
8.31
6.29
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 Invested Capital (%)
5.99
5.86
6.54
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 Capital (%)
8.14
7.32
6.9
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
- -
Return on Common Equity (%)

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
- -
- -
- -
- -
- -
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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.