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Buy

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News

Media spotlight triggers stock stock attention, sentiment.

  • Nitin Castings Q4 net profit up 6.06% at Rs 2.45 cr

    28 May 2025, 5:23PM The company reported standalone net profit of Rs 2.45 crore for the quarter ended March 31, 2025 as compared to Rs 2.31 crore in the same period last
  • Nitin Castings - Result-Financial Result For The Quarter And Year Ended 31St March, 2025

    28 May 2025, 5:03PM Financial Result for the Quarter and Year Ended on 31st March, 2025
  • Nitin Castings - Board Meeting Outcome for Outcome Of The Board Meeting Held On 28Th May, 2025

    28 May 2025, 4:39PM We wish to inform you that the meeting of the Board of Directors of the company was held today i.e., Wednesday, May 28, 2025, inter alia, to consider
  • Nitin Castings - Update on board meeting

    23 May 2025, 5:04PM The Board Meeting to be held on 24/05/2025 has been revised to 28/05/2025 The Board Meeting to be held on 24/05/2025 has been revised to 28/05/2025
  • Nitin Castings - Board Meeting Intimation for Intimation Of The Board Meeting Pursuant To Regulation 29 Of The SEBI (Listing

    21 May 2025, 6:15PM Nitin Castings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/05/2025 ,inter alia, to consider and a
  • Nitin Castings has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2025

    11 Apr 2025, 3:20PM As of March 2025, 71.39% is owned by Indian Promoters and 28.61% by Public. <p align=justify> Top five Promoters holding highest number of shares of N
  • Nitin Castings - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    11 Apr 2025, 2:39PM Pursuant to Regulation 74(5) of the SEBI (DP) Regulation,2018, we are enclosing herewith certificate issue by MUFG Intime India Pvt Ltd, Registrar and

Key fundamentals

Evaluate the intrinsic value of Nitin Castings Ltd stock 

Name March-25 March-24 March-23 March-22 March-21
Assets 90.0774 76.6171 69.4585 58.6815 51.161
Liabilities 90.0774 76.6171 69.4585 58.6815 51.161
Equity 2.5707 2.5707 2.5707 2.5707 2.5707
Gross Profit 15.3635 15.3635 9.632 6.5773 5.5821
Net Profit 12.412 12.1286 4.8917 5.16 3.2575
Cash From Operating Activities 17.812 17.404 0.9029 2.1062 5.6655
NPM(%) 8.24 8.15 3.66 5.34 5.25
Revenue 150.5737 148.7477 133.3803 96.5141 61.9665
Expenses 135.2102 133.3842 123.7483 89.9368 56.3844
ROE(%) 15.84 15.48 6.24 6.58 4.15

Shareholding Pattern

Corporate Action

XD-Date Dividend-Amount Dividend-% Dividend Yield(%GE) Price on that day

Peers

Other companies within the same industry or sector that are comparable to Nitin Castings Ltd

Company Price Price (% change) pe(x) EV/EBITDA(x) ROE(%) ROCE(%)
Eimco Elecon (India) Ltd 2514.90 -0.96 29.75 387.15 847.84 0.20
CIE Automotive India Ltd 480.00 4.98 22.58 25460.88 218.13 1.46
Shree Metalloys Ltd 41.00 0.12 16.87 352.78 24.33 0.00
Action Construction Equipment Ltd 1255.30 0.22 36.54 7992.26 1718.21 0.16

Company Info

Nitin Castings Limited was started in 1964, with centralized facilities located in Thane, an eastern suburb 32 kms from the financial capital of India, Mumbai. The Company made rapid strides to achieve full recognition in manufacturing high quality alloy steel castings, comparable with those which were being imported from various developed countries and gained acknowledgement and acceptance for import substitution in several core sector industries of national importance. -1974 was to be another landmark year in the history of Nitin. The company entered into a technical collaboration with M/s Schmidt Clemens of Germany, and imported advanced technology for the manufacturing of various cast products. The technology absorption & update went on till 1989, when the technical collaboration ended making Nitin Castings a fully independent company to expand its horizons and meet the increasing demand of steel castings in India. -In 1998, Nitin Castings Ltd started a new manufacturing facility in the name of Nitin Alloys Global Limited in Silvassa, The Union Territory of Dadra & Nagar Havel', to cater to the increasing need of steel castings. A large and highly skilled workforce manning its manufacturing and quality control facilities and with a national and global network of service points, Nitin Castings Ltd, is fully geared to meet the entire range of requirements of castings for various industries like Cement, Steel, Power, Oil & Gas and other major Engineering Industries in India and abroad. -During the year 2006-07, the Company further expanded its manufacturing activities to manufacture Manganese Steel, Low Alloy Steel, and High Chromium Steels and so on besides the existing grades of Heat, Corrosion & Wear Resistance Alloys. The manufacturing capacity, after the expansion was about 3000 tons per annum. The expanded facility has a state Of the art brand new Centrifugal, Static Casting, and Shell Molding manufacturing plant with Machining, Fabrication and all kinds of finishing and testing facilities to give fully machined products to its customers in ready to fit condition. 2006 -Company has changed its name from Aditya Leasing Ltd. to Nitin Alloys Global Ltd. 2011 -Nitin Alloys Global Ltd have shifted to new registered office of the Company which is as under A-232,, Building No. 3,Rahul Mittal Industrial Estate Sir M.V. Road Andheri (E) Mumbai - 400 059. 2012 -Nitin Alloys Global Ltd appointed Shri Murlidhar Gupta as Compliance Officer of the company. 2015 -Nitin Alloys Global Ltd., shifted its registered office to 231, 2nd Floor, Rahul Mittal Industrial Premises, Co-op. Soc. Ltd., Sanjay Building No.3, Sir M. V. Road, Andheri (E),Mumbai - 400 059. 2019 -Company has splits its face value from Rs. 10/- to Rs. 5

Nitin Castings Limited was started in 1964, with centralized facilities located in Thane, an eastern suburb 32 kms from the financial capital of India, Mumbai. The Company made rapid strides to achieve full recognition in manufacturing high quality alloy steel castings, comparable with those which were being imported from various developed countries and gained acknowledgement and acceptance for import substitution in several core sector industries of national importance. -1974 was to be another landmark year in the history of Nitin. The company entered into a technical collaboration with M/s Schmidt Clemens of Germany, and imported advanced technology for the manufacturing of various cast products. The technology absorption & update went on till 1989, when the technical collaboration ended making Nitin Castings a fully independent company to expand its horizons and meet the increasing demand of steel castings in India. -In 1998, Nitin Castings Ltd started a new manufacturing facility in the name of Nitin Alloys Global Limited in Silvassa, The Union Territory of Dadra & Nagar Havel', to cater to the increasing need of steel castings. A large and highly skilled workforce manning its manufacturing and quality control facilities and with a national and global network of service points, Nitin Castings Ltd, is fully geared to meet the entire range of requirements of castings for various industries like Cement, Steel, Power, Oil & Gas and other major Engineering Industries in India and abroad. -During the year 2006-07, the Company further expanded its manufacturing activities to manufacture Manganese Steel, Low Alloy Steel, and High Chromium Steels and so on besides the existing grades of Heat, Corrosion & Wear Resistance Alloys. The manufacturing capacity, after the expansion was about 3000 tons per annum. The expanded facility has a state Of the art brand new Centrifugal, Static Casting, and Shell Molding manufacturing plant with Machining, Fabrication and all kinds of finishing and testing facilities to give fully machined products to its customers in ready to fit condition. 2006 -Company has changed its name from Aditya Leasing Ltd. to Nitin Alloys Global Ltd. 2011 -Nitin Alloys Global Ltd have shifted to new registered office of the Company which is as under A-232,, Building No. 3,Rahul Mittal Industrial Estate Sir M.V. Road Andheri (E) Mumbai - 400 059. 2012 -Nitin Alloys Global Ltd appointed Shri Murlidhar Gupta as Compliance Officer of the company. 2015 -Nitin Alloys Global Ltd., shifted its registered office to 231, 2nd Floor, Rahul Mittal Industrial Premises, Co-op. Soc. Ltd., Sanjay Building No.3, Sir M. V. Road, Andheri (E),Mumbai - 400 059. 2019 -Company has splits its face value from Rs. 10/- to Rs. 5

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Parent Organisation

Nitin Castings Ltd.

Founded

03/12/1982

Managing Director

Mr.Nitin S Kedia

NSE Symbol

FAQ

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The CEO of Nitin Castings Ltd is Mr.Nitin S Kedia, who has been leading the company with a vision to expand its renewable energy portfolio and drive sustainable growth.

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