Nitin Castings share price & results
- Jun 2026
- Sept 2026
Alloy-products (metal castings) manufacturer running foundry works at Silvassa (Dadra & Nagar Haveli) and Vapi, Gujarat.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 27.5 | −23.2% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 6.0 | −9.4 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 2.7 | −53.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
| Return on equity | 9.83 | +0.3 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -0.85 | −8.0 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -5.22 | −4.0 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −12.4% 1Y
1Y: ₹508.15 on 24 Oct 2025 → ₹445. High ₹595 (10 Feb 2026), low ₹268.9 (21 Aug 2026).
- Previous close
- ₹434.9
- Market cap
- ₹288 Cr
- 52-week range
- ₹268.9 – ₹595
- One year
- −12.23%
- Price to earnings (TTM to Jun 2026)
- 33.49×
- Return on equity (TTM to Jun 2026)
- 9.83%
Overview
- Symbol
- NSE:NITINCAST
- Sector
- Capital Goods
- Industry
- Industrials
- Exchange
- NSE
- Currency
- INR
What Nitin Castings Limited does
Based on the company's own presentations, annual report and earnings calls.
Nitin Castings Limited manufactures alloy products through casting/melting operations at two works — one at Silvassa, Dadra & Nagar Haveli, and one at Karvad, Taluka Vapi, Valsad district, Gujarat. The company operates in a single reportable business segment, Alloy Products. Its registered office is in Andheri (East), Mumbai, with a corporate office in Thane, Maharashtra.
Segments
- Alloy Products
- Manufacturing works
- 2 (Silvassa, Dadra & Nagar Haveli; Karvad, Taluka Vapi, Gujarat)
- Reportable business segments
- 1 (Alloy Products)
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −53% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 38 | 34 | 39 | 36 | 36 | 40 | 35 | 27 |
| Expenses | 34 | 31 | 35 | 30 | 34 | 39 | 31 | 26 |
| Operating profit | 4 | 3 | 3 | 6 | 2 | 2 | 4 | 2 |
| Operating margin | 10.5% | 7.6% | 8.8% | 15.4% | 6.5% | 4.3% | 10.9% | 6.0% |
| Other income | 2 | 1 | 1 | 3 | 0 | 1 | -0 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 3 | 3 | 7 | 2 | 2 | 3 | 3 |
| Tax rate | 20.6% | 31.3% | 26.4% | 23.4% | 27.1% | 5.1% | 31.6% | 21.7% |
| Net profit | 4 | 2 | 2 | 6 | 1 | 2 | 2 | 3 |
| EPS (₹ per share) | 8.17 | 3.50 | 4.77 | 11.11 | 2.88 | 3.29 | 3.40 | 5.21 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 133 | 149 | 151 | 147 |
| Expenses | 124 | 133 | 136 | 134 |
| Operating profit | 10 | 15 | 15 | 13 |
| Other income | 1 | 2 | 5 | 4 |
| Interest | 0 | 0 | 0 | 1 |
| Depreciation | 2 | 2 | 2 | 2 |
| Profit before tax | 9 | 15 | 17 | 14 |
| Net profit | 5 | 12 | 12 | 11 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 53 | 57 | 69 | 80 | 86 | 89 |
| Borrowings | 4 | 10 | 5 | 8 | 10 | 14 |
| Other liabilities | 19 | 22 | 33 | 39 | 48 | 35 |
| Total liabilities | 78 | 92 | 109 | 129 | 147 | 140 |
| Fixed assets | 23 | 22 | 25 | 30 | 31 | 33 |
| Capital work in progress | 0 | 0 | 0 | 0 | 1 | 5 |
| Investments | 17 | 25 | 36 | 47 | 51 | 51 |
| Other assets | 38 | 45 | 48 | 52 | 64 | 51 |
| Total assets | 78 | 92 | 109 | 129 | 147 | 140 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 15 | 1 | 1 | 17 | 18 | 9 |
| Cash from investing | -12 | -2 | -8 | -13 | -19 | -13 |
| Cash from financing | -5 | 2 | 6 | -6 | 1 | 4 |
| Net cash flow | -1 | 2 | -1 | -1 | 0 | 0 |
| Free cash flow | 15 | 0 | 1 | 13 | 11 | -1 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 57 | 48 | 34 | 36 | 35 | 49 |
| Inventory days | 107 | 94 | 93 | 90 | 106 | 95 |
| Days payable | 64 | 64 | 46 | 58 | 80 | 78 |
| Cash conversion cycle | 100 | 78 | 81 | 68 | 60 | 67 |
| Working capital days | 55 | 46 | 36 | 34 | 19 | 143 |
| Return on capital employed | 9.0% | 12.0% | 14.0% | 24.0% | 17.0% | 16.0% |
| Dividend payout | 8.0% | 5.0% | 8.0% | 13.0% | 12.0% | 0.0% |
What the price assumes
ExpensiveTo justify its price of ₹445, this stock must grow earnings at 32% every year for 7 years. Our analysis caps realistic growth at ~21%. At that growth it is worth ₹265 — downside of 41%.
- Growth the price implies
- 31.7% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 21.3% a year
- net profit, FY23–FY26 · EPS 21.3%
- The gap
- 0.1 pp
- -41% downside if it only repeats history
Ownership
Who owns it
Promoters hold 71.39% as of Sept 2026.
- Promoters 71.39%
- Public 28.62%
Who is on the register
Named in the Sep 2026 filing
Every holder of Nitin Castings Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 19.17% | unchanged | |
| 14.37% | unchanged | |
| 11.86% | unchanged | |
| 10.73% | unchanged | |
| 9.02% | unchanged | |
| 3.67% | unchanged | |
| 2.66% | unchanged | |
| 2.57% | unchanged | |
| 2.36% | unchanged | |
| 2.33% | unchanged | |
| 2.33% | unchanged | |
| 1.57% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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