IPO Plus

BSE · 508875

Nitin Castings Limited

ESM · ESM 1
₹426
₹219 Cr market cap
P/E
17.78
EPS
₹23.96
Book value
₹194.59
ROE
11.75%
ROCE
14.21%
Debt / equity
0.08

Revenue & net profit by period

Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.

038.6277.24116154Mar 18Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25
Revenue (₹ Cr) Net profit (₹ Cr)

Latest period: revenue ₹154 Cr with net profit ₹12 Cr — a 8.03% net margin, versus 7.92% the period before.

Shareholding

As of 2026-09-30

71.39%
promoter holding
  • Promoter71.39%
  • Public28.61%

1,503 shareholders on record

Promoter holding trend

Each disclosed period, oldest to newest

71.39%71.39%Dec 24Sep 26

52-week position

Where the current price sits in its yearly band

₹260₹426₹650

The band spans 2.5× from low to high.

Risk flags

Derived from disclosed data

  • Under exchange surveillance — ESM · ESM 1. Trading may carry price bands, periodic call auction or higher margins.

Peer comparison

Castings & Forgings · ranked #27 of 61 by market cap · medians across 47 industry peers

P/E
17.78vs 26.08 peer med
P/B
2.19vs 2.98 peer med
ROE %
11.75vs 10.75 peer med
Margin %
9.07vs 8.77 peer med
CompanyMkt capP/EP/BROEMargin
Bharat Forge Ltd.₹85,542 Cr85.277.458.72%3.72%
PTC Industries Limited₹38,612 Cr307.4411.76.74%18.01%
AIA Engineering Ltd.₹29,729 Cr23.953.5314.69%27.24%
Happy Forgings Limited₹18,463 Cr52.538.0715.38%19.91%
Ramkrishna Forgings Ltd.₹14,562 Cr74.664.055.2%3.79%
CIE Automotive India Ltd.₹13,976 Cr15.091.8111.66%9.09%
Kennametal India Limited₹8,692 Cr45.910.222.96%15.36%
Balu Forge Industries Limited₹6,675 Cr24.914.1916.24%22.81%
Electrosteel Castings Ltd.₹4,292 Cr27.020.722.21%1.58%
Steelcast Limited₹3,897 Cr42.979.8721.09%19.29%
Nitin Castings Limited(this company)₹219 Cr17.782.1911.75%9.07%

AI analysis

AI-generated · google/gemini-2.5-flash

Nitin Castings Limited is listed with a market capitalization of Rs 281 Cr. The company's EPS stands at 21.56 and its book value at 178.42. The profit margin is 7.23%.

Positives

  • +The promoter holding is high at 71.39% as of June 30, 2026.
  • +The debt-to-equity ratio is low at 0.08.
  • +Net profit increased from Rs 12.13 Cr in Mar 2024 to Rs 12.41 Cr in Mar 2025.
  • +Annual revenue has consistently increased from Rs 63.47 Cr in Mar 2021 to Rs 154.48 Cr in Mar 2025.

Negatives

  • −The company has not paid any dividends, with a dividend yield of 0%.
  • −Quarterly net profit decreased from Rs 5.71 Cr in Jun 2025 to Rs 1.75 Cr in Mar 2026.
  • −No quarterly EPS data is available in the provided information.
  • −The number of shareholders has increased significantly from 503 in Sep 2016 to 1518 in Jun 2026, which may indicate increased retail interest without corresponding institutional holding.

Financial performance

Nitin Castings Limited reported annual revenue of Rs 154.48 Cr in Mar 2025, an increase from Rs 153.09 Cr in Mar 2024. Net profit also rose to Rs 12.41 Cr in Mar 2025 from Rs 12.13 Cr in Mar 2024. The company's highest annual revenue in the last five years was Rs 154.48 Cr in Mar 2025, and the highest net profit was Rs 12.41 Cr in Mar 2025.

Profitability & Returns

The company's Return on Equity (ROE) is 11.59% and Return on Capital Employed (ROCE) is 13.76%. The trailing twelve-month EPS is 21.56, while the P/E ratio is 25.32. The profit margin stands at 7.23%.

Balance Sheet

Nitin Castings Limited has a debt-to-equity ratio of 0.08, indicating low leverage. The book value per share is Rs 178.42.

Ownership & Pledges

As of June 30, 2026, promoters held 71.39% of the company's shares. Public shareholding was 28.61%. There has been no reported pledge of promoter shares.

Data as of — price: 2026-11-14 · financials: Mar 25 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.

How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.

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