Nitin Castings Ltd Stock Price Today (NSE: NITINCAST)

Nitin Castings Ltd

470.004.90 (1.03%)
Market Closed

Fundamental Score

...

Nitin Castings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Nitin Castings Ltd share price today is 470.00, down 1.03% on NSE/BSE as of 22 September 2026. Nitin Castings Ltd (NITINCAST) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of 241.64 (Cr). The 52-week high for NITINCAST share price is 650.00 and the 52-week low is 260.00. At a P/E ratio of 31.78x, NITINCAST is currently trading above its industry average P/E of 30.80x. The company has a Return on Equity (ROE) of 12.20% and a debt-to-equity ratio of 0.15.

Nitin Castings Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
470.00
Low
260.00
Volume
1.5K
Change
+0.60%

Nitin Castings Ltd share price chart: 0.60% return over the past month. 52-week high ₹650.00, 52-week low ₹260.00.

Nitin Castings Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
460.00474.90438.60474.90737.00 (Cr)
470.00470.00461.65461.65591.00 (Cr)
500.05525.00475.00485.90764.00 (Cr)
506.70506.70481.50500.00276.00 (Cr)
480.00527.55477.35506.7010.24K (Cr)
502.45502.45502.45502.451.41K (Cr)
478.55478.55478.55478.551.41K (Cr)
451.95455.80450.95455.802.68K (Cr)
434.00434.20394.10434.103.17K (Cr)
409.90413.55409.70413.55739.00 (Cr)

Nitin Castings Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
344.80527.55343.95474.90+37.73%
501.20544.00260.00298.45-40.45%
574.00579.75472.15521.75-9.10%
525.60604.95506.00547.95+4.25%
576.80585.00505.30525.60-8.88%
575.00584.85540.00560.00-2.61%
512.00597.00472.05574.95+12.29%
550.00650.00480.50527.35-4.12%
520.00575.00432.00520.85+0.16%
494.00534.00462.55490.55-0.70%
515.00538.90435.30494.45-3.99%
545.00561.80463.50505.90-7.17%

Returns & Performance

Poor

Return on Equity (ROE)

12.20%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

15.69%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

8.97%

Average operating profit margin over 5 years

Dividend Yield

0.54%

Annual dividend as % of current share price

Nitin Castings Ltd Valuation Check

Poor

Price to Earnings (P/E)

31.78x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

30.80x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

71.39%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-53.03%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-23.15%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

18.87%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

27.74%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

27.74%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.15x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

20.71x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

22.86 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Nitin Castings Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of NITINCAST across key market metrics for learning purposes.

Positive Indicators

9 factors identified

Excellent ROCE Performance (15.69%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Consistent Growth Track Record (18.87% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Excellent EPS Growth (27.74% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (27.74% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.15)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (20.71x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Healthy Liquidity Position (Current Ratio: 2.27)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Balanced Promoter Holding (71.39%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Profit Decline Concern (-53.03%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-23.15%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Nitin Castings Ltd vs Castings & Forgings Peers

Peer Comparison - Castings & Forgings

Compare Nitin Castings Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
52.9/100
470
₹241.64
31.8
Average
12.20%
Average
15.69%
Good
0.2
Excellent
27.74%
Excellent
18.87%
Excellent
0.54%
64/100
325
₹328.70M
36.3
Average
24.10%
Excellent
31.29%
Excellent
0.0
Excellent
49.15%
Excellent
21.82%
Excellent
0.56%
68.3/100
4172
₹38934.25
30.7
Average
16.99%
Good
21.22%
Excellent
0.0
Excellent
17.54%
Excellent
8.93%
Good
0.33%
66/100
2257
₹21298.40
65.0
Average
0.00%
Poor
20.29%
Excellent
0.2
Excellent
28.18%
Excellent
21.46%
Excellent
0.25%
59.9/100
542
₹6573.98
22.3
Average
19.56%
Good
23.88%
Excellent
0.1
Excellent
102.41%
Excellent
50.78%
Excellent
0.03%
65.4/100
2257
₹2606.28
72.2
Average
16.79%
Good
23.61%
Excellent
0.0
Excellent
118.32%
Excellent
39.97%
Excellent
0.00%
57.5/100
114
₹991.29
24.1
Average
0.00%
Poor
14.33%
Average
0.4
Excellent
39.88%
Excellent
16.81%
Excellent
0.53%
28.9/100
601
₹932.95
4.26%
Poor
12.99%
Average
2.3
Poor
9.52%
Good
13.02%
Good
0.17%
56.2/100
69
₹895.16
79.6
Average
5.24%
Poor
8.08%
Poor
0.3
Excellent
74.08%
Excellent
39.49%
Excellent
0.00%
61.2/100
816
₹821.96
67.8
Average
12.51%
Average
14.39%
Average
0.7
Good
102.07%
Excellent
12.48%
Good
0.06%
53.8/100
198
₹767.13
22.7
Average
18.23%
Good
22.97%
Excellent
0.0
Excellent
0.00%

Nitin Castings Ltd PE Ratio History

Historical price-to-earnings ratio for NITINCAST — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202423.59₹695.0029.5x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Nitin Castings Ltd Dividend History

Annual cash dividends paid by NITINCAST — dividend yield 0.54%

Financial YearDividends Paid (₹ Cr)
FY 20251.54 Cr
FY 20240.39 Cr
FY 20230.26 Cr
FY 20220.26 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Nitin Castings Ltd Quarterly Performance

Latest quarterly metrics for NITINCAST — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-23.15%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-53.03%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

18.87%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

27.74%

Compounded annual net profit growth over 5 years

Nitin Castings Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for NITINCAST — calculated from daily price history

76RSI 14
Overbought — RSI 76

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
460
▲ Price above SMA 50 — Short-term bullish
SMA 200
516
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
2K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Nitin Castings Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Nitin Castings Ltd (NITINCAST) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Nitin Castings Ltd

Loading latest quarterly results...

About NITINCAST (Nitin Castings Ltd)

Nitin Castings Ltd is a prominent manufacturer deeply rooted in the intricate world of alloy steel castings, serving both the dynamic Indian market and a global clientele. They met...iculously craft a diverse range of castings, leveraging various advanced techniques to meet specific client requirements. From the precision of centrifugal casting, which produces dense, uniform components, to the adaptability of sand casting for larger and more complex forms, Nitin Castings demonstrates a comprehensive understanding of the art and science of metal forming. Shell moulded casting provides a smooth surface finish and tight dimensional tolerances, while investment casting allows for the creation of extremely intricate and detailed parts. This comprehensive approach positions them as a versatile and reliable partner for industries requiring high-quality cast components. The company's legacy stretches back to 1964, a testament to its enduring commitment to quality and innovation within the castings and forgings sector. From its base of operations in Thane, India, Nitin Castings has cultivated decades of expertise, consistently refining its processes and adopting cutting-edge technologies. While initially known as Nitin Alloys Global Limited, the company strategically rebranded as Nitin Castings Limited in October 2016, signifying a sharpened focus on its core competency: the production of superior castings. This strategic realignment underscored the company's dedication to specialization and its ambition to be recognized as a leading force within the industry. Nitin Castings' strategic advantage lies not only in its technological capabilities but also in its unwavering dedication to customer satisfaction. They forge strong, collaborative relationships with clients, understanding their unique needs and delivering tailored solutions that exceed expectations. By offering a broad spectrum of casting methods, they can cater to diverse industries, providing everything from robust structural components to delicate, precision-engineered parts. With a proven track record and a forward-thinking approach, Nitin Castings Ltd stands poised to continue its legacy of excellence, contributing significantly to the global landscape of castings and forgings.

Company Details

Symbol:NITINCAST
Industry:Castings & Forgings
Sector:Castings & Forgings

Key Leadership

Mr. Nitin Shantikumar Kedia B.E.(Mech.)
Chairman & MD
Mr. Nirmal Bhagirathprasad Kedia
CFO & Executive Director
Mr. Ishan Kumar Verma
Company Secretary & Compliance Officer

NITINCAST Share Price: Frequently Asked Questions

What is the current share price of Nitin Castings Ltd?

Nitin Castings Ltd (NITINCAST) trades at ₹470.00 on NSE and BSE. Market cap ₹241.64 (Cr). Educational data only.

What is the P/E ratio of Nitin Castings Ltd?

Nitin Castings Ltd has a P/E of 31.78x vs industry average 30.80x.

What is the Bull Run score for Nitin Castings Ltd?

Nitin Castings Ltd has a Bull Run score of 52.9/100 based on 25+ financial parameters.

Does Nitin Castings Ltd pay dividends?

Nitin Castings Ltd has a dividend yield of 0.54%. Past dividends don't guarantee future payments.

What is the ROE of Nitin Castings Ltd?

Nitin Castings Ltd has ROE of 12.20%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Nitin Castings Ltd?

Nitin Castings Ltd has debt-to-equity of 0.15.

Is Nitin Castings Ltd a good investment?

Bull Run gives Nitin Castings Ltd a score of 52.9/100. This is not investment advice — consult a SEBI-registered advisor.