Nitin Castings Ltd Stock Price Today (NSE: NITINCAST)
Fundamental Score
Nitin Castings Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Nitin Castings Ltd share price today is ₹560.55, down 4.99% on NSE/BSE as of 17 June 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 ₹698.95 and the 52-week low is ₹432.00. 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
Nitin Castings Ltd share price chart: -0.86% return over the past month. 52-week high ₹698.95, 52-week low ₹432.00.
Nitin Castings Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹526.05 | ₹583.00 | ₹526.00 | ₹526.05 | 57.00 (Cr) | |
| ₹525.60 | ₹525.60 | ₹525.60 | ₹525.60 | 0.00 (Cr) | |
| ₹550.00 | ₹585.00 | ₹515.50 | ₹525.60 | 760.00 (Cr) | |
| ₹547.00 | ₹585.00 | ₹540.00 | ₹575.00 | 80.00 (Cr) | |
| ₹548.00 | ₹548.00 | ₹548.00 | ₹548.00 | 28.00 (Cr) | |
| ₹553.00 | ₹553.00 | ₹550.00 | ₹550.00 | 7.00 (Cr) | |
| ₹555.00 | ₹555.00 | ₹555.00 | ₹555.00 | 7.00 (Cr) | |
| ₹525.40 | ₹526.00 | ₹525.00 | ₹525.00 | 147.00 (Cr) | |
| ₹550.00 | ₹550.00 | ₹525.00 | ₹525.00 | 9.00 (Cr) | |
| ₹550.00 | ₹550.00 | ₹548.80 | ₹550.00 | 81.00 (Cr) |
Nitin Castings Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹525.60 | ₹583.00 | ₹525.60 | ₹526.05 | +0.09% | |
| ₹576.80 | ₹585.00 | ₹505.30 | ₹525.60 | -8.88% | |
| ₹575.00 | ₹584.85 | ₹540.00 | ₹560.00 | -2.61% | |
| ₹512.00 | ₹597.00 | ₹472.05 | ₹574.95 | +12.29% | |
| ₹550.00 | ₹650.00 | ₹480.50 | ₹527.35 | -4.12% | |
| ₹520.00 | ₹575.00 | ₹432.00 | ₹520.85 | +0.16% | |
| ₹494.00 | ₹534.00 | ₹462.55 | ₹490.55 | -0.70% | |
| ₹515.00 | ₹538.90 | ₹435.30 | ₹494.45 | -3.99% | |
| ₹545.00 | ₹561.80 | ₹463.50 | ₹505.90 | -7.17% | |
| ₹635.00 | ₹635.00 | ₹536.00 | ₹557.95 | -12.13% | |
| ₹612.00 | ₹690.00 | ₹602.10 | ₹635.95 | +3.91% | |
| ₹611.00 | ₹698.95 | ₹555.00 | ₹650.00 | +6.38% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Nitin Castings is a delisting gamble with limited liquidity and significant downside if the offer fails.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Nitin Castings shareholders approved the voluntary delisting of its equity shares. The special resolution passed through remote e-voting, with 45.60 lakh votes in favor.
CORE STORY (THE REAL GAME)
Nitin Castings is playing the delisting game. The market is focused on the delisting offer and its potential upside/downside for existing shareholders.
- Shareholder approval for delisting
- Low trading volume increases volatility
- Recent board meetings regarding delisting
- Announcement of delisting price
- Delisting offer success/failure
- Significant change in market sentiment towards delisting
- Micro-cap with low liquidity
- Voluntary delisting introduces uncertainty
- Latest quarter YoY profit declined by -64.76%
No significant FII/DII activity. Promoter holding steady at 71.39%.
The Indian castings and forgings market is projected to grow, but Nitin Castings' micro-cap status makes it vulnerable.
Free Cash Flow 5Y: ₹38.42 Cr. Profit converting to cash, but recent profit decline is a concern.
Near-term outlook entirely dependent on the delisting process. If delisting fails, the stock faces significant headwinds due to its micro-cap nature and declining profitability.
Primary Thesis Risk
Failed delisting offer leaves investors holding an illiquid micro-cap with declining profits.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Nitin Castings Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
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
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 vs Castings & Forgings Peers
Peer Comparison - Castings & Forgings
Compare Nitin Castings Ltd with 10 other companies in the same sector
| 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 |
Nitin Castings LtdNitin Castings ...Selected✓ NITINCAST • 508875 | 55.3/100 | ₹560.55₹561 | ₹253.34₹253.34 | 22.14Average 22.1 Average | 13.43%Average 13.43% Average | 17.35%Good 17.35% Good | 0.12Excellent 0.1 Excellent | 51.22%Excellent 51.22% Excellent | 18.63%Excellent 18.63% Excellent | 0.61% |
AIA Engineering LtdAIA Engineering... AIAENG • 532683 | 54.1/100 | ₹4428.10₹4428 | ₹36025.37₹36025.37 | 31.97Average 32.0 Average | 15.42%Good 15.42% Good | 18.92%Good 18.92% Good | 0.14Excellent 0.1 Excellent | 13.23%Good 13.23% Good | 7.62%Good 7.62% Good | 0.42% |
Happy Forgings LtdHappy Forgings ... HAPPYFORGE • 544057 | 51.8/100 | ₹1416.90₹1417 | ₹9934.57₹9934.57 | 36.60Average 36.6 Average | 15.46%Good 15.46% Good | 19.17%Good 19.17% Good | 0.10Excellent 0.1 Excellent | 27.44%Excellent 27.44% Excellent | 20.35%Excellent 20.35% Excellent | 0.29% |
Balu Forge Industries LtdBalu Forge Indu... BALUFORGE • 531112 | 51.4/100 | ₹504.35₹504 | ₹7240.86₹7240.86 | 29.70Average 29.7 Average | 25.38%Excellent 25.38% Excellent | 31.26%Excellent 31.26% Excellent | 0.07Excellent 0.1 Excellent | — — | — — | 0.02% |
Steelcast LtdSteelcast Ltd... STEELCAS • 513517 | 72/100 | ₹286.90₹287 | ₹2233.35₹2233.35 | 25.07Average 25.1 Average | 24.24%Excellent 24.24% Excellent | 32.94%Excellent 32.94% Excellent | 0.00Excellent 0.0 Excellent | 55.61%Excellent 55.61% Excellent | 13.40%Good 13.40% Good | 0.65% |
Amic Forging LtdAmic Forging Lt... AMIC • 544037 | 56.5/100 | ₹1679.25₹1679 | ₹1843.35₹1843.35 | 73.06Average 73.1 Average | 21.80%Excellent 21.80% Excellent | 27.89%Excellent 27.89% Excellent | 0.05Excellent 0.1 Excellent | 116.81%Excellent 116.81% Excellent | 55.08%Excellent 55.08% Excellent | 0.00% |
Nelcast LtdNelcast Ltd... NELCAST • 532864 | 28.4/100 | ₹137.80₹138 | ₹973.07₹973.07 | 26.46Average 26.5 Average | 6.48%Poor 6.48% Poor | 9.55%Poor 9.55% Poor | 0.52Good 0.5 Good | -0.70%Poor -0.70% Poor | 17.17%Excellent 17.17% Excellent | 0.45% |
Synergy Green Industries LtdSynergy Green I... SGIL • 541929 | 38.5/100 | ₹533.40₹533 | ₹862.41₹862.41 | 55.53Average 55.5 Average | 21.88%Excellent 21.88% Excellent | 20.85%Excellent 20.85% Excellent | 1.79Average 1.8 Average | 38.79%Excellent 38.79% Excellent | 11.75%Good 11.75% Good | 0.18% |
Inv& PrecCastInv& PrecCast... INVPRECO • 504786 | 52.2/100 | ₹509.30₹509 | ₹509.30₹509.30 | 68.18Average 68.2 Average | 6.78%Poor 6.78% Poor | 9.59%Poor 9.59% Poor | 0.79Good 0.8 Good | 59.53%Excellent 59.53% Excellent | 11.64%Good 11.64% Good | 0.10% |
Neetu Yoshi LimitedNeetu Yoshi Lim... NEETUYOSHI • 544434 | 47.4/100 | ₹119.10₹119 | ₹472.54₹472.54 | 23.60Average 23.6 Average | 51.01%Excellent 51.01% Excellent | 46.01%Excellent 46.01% Excellent | 0.11Excellent 0.1 Excellent | — — | — — | 0.00% |
Tirupati Forge LtdTirupati Forge ... TIRUPATIFL • | 53.2/100 | ₹45.93₹46 | ₹410.25₹410.25 | 76.54Average 76.5 Average | 9.99%Poor 9.99% Poor | 12.37%Average 12.37% Average | 0.21Excellent 0.2 Excellent | 94.73%Excellent 94.73% Excellent | 33.02%Excellent 33.02% Excellent | 0.00% |
Top Castings & Forgings Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- AIA Engineering Ltd share price36025.37 Cr
- Happy Forgings Ltd share price9934.57 Cr
- Balu Forge Industries Ltd share price7240.86 Cr
- Steelcast Ltd share price2233.35 Cr
- Amic Forging Ltd share price1843.35 Cr
Nitin Castings Ltd PE Ratio History
Historical price-to-earnings ratio for NITINCAST — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2024 | ₹23.59 | ₹695.00 | 29.5x |
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 0.61%
| Financial Year | Dividends Paid (₹ Cr) |
|---|---|
| FY 2025 | ₹1.54 Cr |
| FY 2024 | ₹0.39 Cr |
| FY 2023 | ₹0.26 Cr |
| FY 2022 | ₹0.26 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)
-4.88%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
-64.76%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
18.63%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
51.22%
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
Momentum is balanced — neither overbought nor oversold.
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.
Loading Financial Statements...
Fetching financial data for Nitin Castings Ltd
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
Key Leadership
Corporate Events
NITINCAST Share Price: Frequently Asked Questions
What is the current share price of Nitin Castings Ltd?
Nitin Castings Ltd (NITINCAST) trades at ₹560.55 on NSE and BSE. Market cap ₹253.34 (Cr). Educational data only.
What is the P/E ratio of Nitin Castings Ltd?
Nitin Castings Ltd has a P/E of 22.14x vs industry average 28.08x.
What is the Bull Run score for Nitin Castings Ltd?
Nitin Castings Ltd has a Bull Run score of 55.3/100 based on 25+ financial parameters.
Does Nitin Castings Ltd pay dividends?
Nitin Castings Ltd has a dividend yield of 0.61%. Past dividends don't guarantee future payments.
What is the ROE of Nitin Castings Ltd?
Nitin Castings Ltd has ROE of 13.43%. 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 0.12.
Is Nitin Castings Ltd a good investment?
Bull Run gives Nitin Castings Ltd a score of 55.3/100. This is not investment advice — consult a SEBI-registered advisor.