NITINCAST logo

Nitin Castings Ltd

NITINCAST·BSE·
₹440.00▲ +1.00 (+0.23%)
Market Cap226.22 Cr
PE Ratio20.16
Volume87
Day High - Low447.00 - 418.00
52W High-Low650.00 - 260.00

Nitin Castings Ltd (NITINCAST): company summary

The company's annual revenue fell 2.3% to ₹147 crore, while annual net profit dropped 14.3% to ₹11 crore.

Nitin Castings Ltd (NITINCAST) is a micro-cap Industrial Products company valued at ₹226 crore operating in Castings & Forgings on the NSE and BSE.

Recent price move
Nitin Castings Ltd last traded at ₹440, modestly up 0.23% on the day.
Financial performance
The company's annual revenue fell 2.3% to ₹147 crore, while annual net profit dropped 14.3% to ₹11 crore. The latest quarter saw revenue decline 23.2% year-on-year to ₹27 crore and net profit fall 53.1% to ₹3 crore, indicating a significant slowdown in recent performance.
Valuation multiples
The stock trades at 20.2 times earnings, 2.68 times book value. It yields 0.6%.
Things to watch
The net profit margin narrowed 1.0 percentage points to 7.2%, and the latest quarter's net profit fell sharply by 53.1% compared to the same quarter a year earlier. The stock is 32.5% below its 52-week high, reflecting a notable decline from recent peak levels.
Where it stands
Nitin Castings Ltd reported a decline in both annual revenue and net profit, with the latest quarter showing a sharp drop in profitability. The stock remains significantly below its 52-week high, highlighting recent underperformance.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.

DocStoX Score
6.1/10
Fair
Fair Value
Sign in to see
ROE
11.59%
Average
P/E
20.16x
Fair
Debt / Equity
0.15
Low
Industry
Industrial Products
Castings & Forgings
Overall View
Fair

Price performance

Day₹418.00
₹447.00
52W₹260.00
₹650.00
DocStoX take

Supported by growth (9.5) and risk (7.9), but held back by valuation (3.8).

DocStoX score

Low confidence
6.1
/10
Fair
Quality
Modest
ROE 11.6%
Valuation
Rich
P/E 20.2×
Growth
Strong
Revenue +18.9% 5Y CAGR
Risk
Low risk
D/E 0.15
Momentum
Soft
46% of 52-week range

At a glance

Market Cap
₹226 Cr
52W High / Low
₹650 / ₹260
Dividend Yield
0.63%
Promoter Holding
71.39%
EPS (TTM)
₹21.83
Book Value
₹178.41

Key highlights

  • Low leverage — D/E 0.15
  • Profit compounding 29% a year
  • Profitable in all of the last 5 years
  • Small ₹226 cr company — thinner liquidity
4 Positives1 Watchout

Growth

Financials

Shareholding

Technicals

Peers

News

Forecasts

About the company

More data

Filings, corporate actions and ownership detail — opened on demand.

More Industrial Products stocks · Castings & Forgings

Nitin Castings Ltd peers in Industrial Products

Other Industrial Products stocks on the NSE & BSE. See the full Industrial Products sector list.