Nitin Castings Ltd Stock Price Today (NSE: NITINCAST)
Fundamental Score
Nitin Castings Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Nitin Castings Ltd share price today is ₹579.55, up +0.00% on NSE/BSE as of 17 February 2026. Nitin Castings Ltd (NITINCAST) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of ₹253.34 (Cr). The 52-week high for NITINCAST share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 22.14x, NITINCAST is currently trading below its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 13.43% and a debt-to-equity ratio of 0.12.
Nitin Castings Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Nitin Castings Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Nitin Castings Share Price: A Financial Stability Analysis
The castings and forgings industry, a critical component of manufacturing supply chains, is currently experiencing increased demand driven by infrastructure development and automotive sector growth. This analysis focuses on the financial stability of Nitin Castings Ltd, evaluating its current standing in this dynamic market. Specifically, this report examines factors influencing the Nitin Castings share price, which currently stands at ₹560.0, alongside its Price-to-Earnings (PE) ratio of 22.14 and Return on Capital Employed (ROCE) of 17.35%.
A key metric for assessing financial health is ROCE. Nitin Castings' ROCE of 17.35% indicates the company's efficiency in generating profits from its capital. This relatively healthy ROCE strengthens the company's moat, suggesting it possesses a competitive advantage in efficiently deploying capital compared to peers in sectors like automotive. Sustained high ROCE allows for reinvestment in the business, further solidifying its market position. It is important to note that this is a snapshot in time.
Comparing Nitin Castings to its peers provides valuable context. For example,
Ganga Forging Ltd also operates in the forgings space; analyzing their relative management quality, as reflected in their strategic decisions and operational efficiency, becomes important. While this analysis does not delve into subjective assessments, evaluating publicly available information about leadership changes, corporate governance practices, and shareholder communications at both Nitin Castings and peers like Ganga Forging Ltd can offer insights into the perceived strength of their management teams. It is recommended to gather sufficient public information on competitors management.This analysis is part of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, focusing on observational data and publicly available financial information. The analysis offers an objective overview of Nitin Castings' current financial standing. This assessment is strictly observational and does not constitute investment advice or a recommendation to buy or sell shares.
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
10 factors identified
Excellent ROCE Performance (17.35%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Attractive Valuation (P/E: 22.14 vs Industry: 28.08)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Consistent Growth Track Record (18.63% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (51.22% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (51.22% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.12)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (29.04x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Strong Cash Generation (₹38.42 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
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
1 factors identified
Profit Decline Concern (-64.76%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Nitin Castings Ltd Financial Statements
Comprehensive financial data for Nitin Castings Ltd including income statement, balance sheet and cash flow
About NITINCAST (Nitin Castings Ltd)
Nitin Castings Ltd (NITINCAST) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Castings & Forgings sector with a current market capitalisation of ₹253.34 (Cr). Nitin Castings Ltd has delivered a Return on Equity (ROE) of 13.43% and a ROCE of 17.35%. The debt-to-equity ratio stands at 0.12, reflecting the company's capital structure. Investors tracking NITINCAST share price can monitor key metrics including P/E ratio, promoter holding of 71.39%, and quarterly earnings growth.
Company Details
Key Leadership
Corporate Events
NITINCAST Share Price: Frequently Asked Questions
What is the current share price of Nitin Castings Ltd (NITINCAST)?
As of 17 Feb 2026, 10:17 am IST, Nitin Castings Ltd share price is ₹579.55. The NITINCAST stock has a market capitalisation of ₹253.34 (Cr) on NSE/BSE.
Is NITINCAST share price Overvalued or Undervalued?
NITINCAST share price is currently trading at a P/E ratio of 22.14x, compared to the industry average of 28.08x. Based on this relative valuation, the Nitin Castings Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of NITINCAST share price?
The 52-week high of NITINCAST share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Nitin Castings Ltd share price?
Key factors influencing NITINCAST share price include quarterly earnings growth (Sales Growth: -4.88%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Nitin Castings Ltd a good stock for long-term investment?
Nitin Castings Ltd shows a 5-year Profit Growth of 51.22% and an ROE of 13.43%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.12 before investing in NITINCAST shares.
How does Nitin Castings Ltd compare with its industry peers?
Nitin Castings Ltd competes with major peers in the Castings & Forgings. Investors should compare NITINCAST share price P/E of 22.14x and ROE of 13.43% against the industry averages to determine competitive standing.
What is the P/E ratio of NITINCAST and what does it mean?
NITINCAST share price has a P/E ratio of 22.14x compared to the industry average of 28.08x. Investors pay ₹22 for every ₹1 of annual earnings.
How is NITINCAST performing according to Bull Run's analysis?
NITINCAST has a Bull Run fundamental score of 55.3/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does NITINCAST belong to?
NITINCAST operates in the Castings & Forgings industry. This classification helps understand the competitive landscape and sector-specific trends affecting Nitin Castings Ltd share price.
What is Return on Equity (ROE) and why is it important for NITINCAST?
NITINCAST has an ROE of 13.43%, which shows decent profitability but room for improvement. ROE measures how efficiently Nitin Castings Ltd generates profits from shareholders capital.
How is NITINCAST debt-to-equity ratio and what does it indicate?
NITINCAST has a debt-to-equity ratio of 0.12, which indicates conservative financing with low financial risk.
What is NITINCAST dividend yield and is it a good dividend stock?
NITINCAST offers a dividend yield of 0.61%, meaning you receive ₹0.61 annual dividend for every ₹100 invested in Nitin Castings Ltd shares.
How has NITINCAST share price grown over the past 5 years?
NITINCAST has achieved 5-year growth rates of: Sales Growth 18.63%, Profit Growth 51.22%, and EPS Growth 51.22%.
What is the promoter holding in NITINCAST and why does it matter?
Promoters hold 71.39% of NITINCAST shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Nitin Castings Ltd.
What is NITINCAST market capitalisation category?
NITINCAST has a market capitalisation of ₹253 crores, placing it in the Small-cap category.
How volatile is NITINCAST stock?
NITINCAST has a beta of N/A. A beta > 1 suggests the Nitin Castings Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is NITINCAST operating profit margin trend?
NITINCAST has a 5-year average Operating Profit Margin (OPM) of 8.95%, indicating the company's operational efficiency.
How is NITINCAST quarterly performance?
Recent quarterly performance shows Nitin Castings Ltd YoY Sales Growth of -4.88% and YoY Profit Growth of -64.76%.
What is the institutional holding pattern in NITINCAST?
NITINCAST has FII holding of 0.00% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Nitin Castings Ltd stock.