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    Nitin Castings

    Alloy-products (metal castings) manufacturer running foundry works at Silvassa (Dadra & Nagar Haveli) and Vapi, Gujarat.

    Capital Goods
    Industrials

    Overview

    Price

    Market Cap

    ₹283 Cr

    Sector

    Capital Goods

    Industrials

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital33333333
    Reserves4448535769808689
    Borrowings74410581014
    Other Liabilities1313192233394835
    Total Liabilities67677892109129147140
    AssetsFixed Assets2624232225303133
    CWIP00000015
    Investments516172536475151
    Other Assets3627384548526451
    Total Assets67677892109129147140

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating1010151117189
    Cash from Investing-4-5-12-2-8-13-19-13
    Cash from Financing-4-7-526-614
    SummaryCapital Expenditure
    Free Cash Flow6915011311-1
    FCF Margin

    Valuation

    Assumptions

    Current — 508875
    Price
    ₹588
    EPS (TTM)
    ₹16.82
    PE (TTM)
    34.9
    Profit growth
    20.9%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (27.0×) and current (34.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹588
    vs
    Fair value · 15% return
    ₹530
    10%Overvalued

    At 20.9% growth and a 27× exit, ₹588 only delivers your return if you pay ₹530. The price is currently baking in 23% growth.

    EPS grows 20.9%/yr for 5 years, then fades to 6% over 2, exits at 27×.

    YearGrowthEPS (₹)
    FY2720.9%20.34
    FY2820.9%24.59
    FY2920.9%29.72
    FY3020.9%35.94
    FY3120.9%43.45
    FY3213.5% ·fade49.29
    FY336.0% ·fade52.25

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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