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What is the PE ratio of Nitin Castings Ltd?

Nitin Castings Ltd has a price-to-earnings (PE) ratio of 26.6 in the Industrial Products sector.

What is the market capitalisation of Nitin Castings Ltd?

Nitin Castings Ltd has a market capitalisation of approximately ₹268 crore.

Nitin Castings Ltd

NITINCASTINGSLTD·NSE·Industrial Products

₹0.00▲ +0.00 (+0.00%)

⚠️Trading suspended. Not a live price.

Industrial Products · Castings & Forgings

A steady, established business

52W₹432

₹699-162%

Open

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High

—

Low

—

Prev Close

—

Volume

—

VWAP

—

Snapshot

Key fundamentals

Market Cap

₹268 Cr

P/E Ratio

26.60Fair

P/B Ratio

3.08

EPS

₹24.14

Book Value

₹178.42

ROE

12.70%Average

ROCE

17.00%Decent

Dividend Yield

0.55%

Debt / Equity

0.15Low

Face Value

₹5.00

52W High

₹698.95

52W Low

₹432.00

Sector

Industrial Products

Industry

Castings & Forgings

Fairly Valued

Narrow moatHigh uncertainty

Fair value estimate

₹234

No recent traded price

BearFair valueBull

₹199₹234₹330

/100

Business quality — Solid

Growth 50Profitability 36Efficiency 45Valuation 76

Plain English

Our view

A steady, established business
Low debt relative to equity

Strengths

Low debt relative to equity
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

15% ROE fading to 12% over ~10 yrs, on ₹178 book

₹207

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹330

Analyst target

No analyst coverage

—

Blended fair value₹234

What the numbers say

Investment thesis

Bull case

Low debt relative to equity
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

26.6Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

12.7%Average

Above 15% is considered healthy for Indian equities

ROCE

17.0%Decent

Above 18% means capital is working hard

Debt/Eq

0.15Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹268 Cr

P/B

3.08

EPS

₹24.14

Div Yield

0.55%

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Reasonable

P/E 26.6×

Growth

Slow

+3% rev CAGR

Profitability

Healthy

12.7% ROE

Financial health

Rock solid

D/E 0.15

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover—

Trades—

VWAP—

Face value₹5.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+3.4%

+18.9%

10Y

+8.7%

Profit

+29.0%

10Y

—

EPS

+42.0%

+33.8%

10Y

+73.5%

Profile

Pros

Company has delivered good profit growth of 27.7% CAGR over last 5 years

Watch-outs

Cons

Debtor days have increased from 40.1 to 49.3 days.
Working capital days have increased from 65.5 days to 143 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

71%

Promoter

Promoters

71.4%0.00

Public

22.9%-0.01

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

5.7%

Total shareholders

1,602-19 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter71.39%

Public22.89%

Others5.72%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 1982, Nitin Castings Ltd is in the business of manufacturing Alloy Steel Casting in the range of static centrifugal and investment castings[1]