What is Nitin Castings Ltd (508875) share price return in the past 10 years?

Nitin Castings Ltd share price has appreciated 33.1% annually (CAGR) over the past ten years.

What is the share price of Nitin Castings Ltd (508875)?

Company share prices are keep on changing according to the market conditions. The current trading price of Nitin Castings Ltd (508875) on 04-Jun-2026 16:59:59 at 16:59 is 568.40.

What is the P/E ratio of Nitin Castings?

The latest standalone P/E ratio of Nitin Castings as of 04-Jun-2026 is 27.49.

What is the P/B ratio of Nitin Castings Ltd (508875)?

The latest standalone P/B ratio of Nitin Castings Ltd (508875) as of 04-Jun-2026 is 3.19.

What is the 52-week high and low of Nitin Castings Ltd (508875)?

The 52-week high of Nitin Castings Ltd (508875) is Rs. 733.90 and the 52-week low is Rs. 432.00.

Nitin Castings Ltd (508875) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Nitin Castings Ltd (508875)
Brand: Nitin Castings

Nitin Castings Ltd (508875)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 508875 NSE: Castings/Forgings | Small Cap | Nitin Castings Share Price

Nitin Castings Ltd (508875)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 508875 NSE: Castings/Forgings | Small Cap | Nitin Castings Share Price

Key Metrics

Valuation Multiples

Market Cap

₹292 Cr.

Current Price

₹568.4

52-Week Low / High

₹432 / 734

TTM EPS

₹20.7

TTM Sales

₹147 Cr.

Book Value per Share

₹178.4

P/E Ratio

27.49

Higher than its 5-year historical median

Industry PE

42.2

Price to Book (P/B)

3.19

In line with its 5-year historical median

Price to Sales (P/S)

1.99

Higher than its 5-year historical median

EV/EBITDA

17.47

Higher than its 5-year historical median

Dividend Yield

0.45%

Profitability Efficiency

Return on Equity (ROE)

16.09%

Outperforms industry median

Return on Capital Employed (ROCE)

20.67%

Outperforms industry median

Return on Assets (ROA)

10.40%

Operating Profit Margin

10.5%

Net Profit Margin

8.24%

Gross Profit Margin

12.4%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

1.22%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

4.41%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

2.31%

Asset Quality

Promoter Holding

71.39%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹89 Cr.

Equity

₹2.6 Cr.

Face Value

₹5

All Time Low / High

₹1.25 / 885.00

Nitin Castings stock performance

Key Ratios

Check Before You Invest

Quality

Locked

Valuation

Locked

Price Trend

Locked

Q.1 Is Nitin Castings Ltd a good quality company?

Nitin Castings Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Nitin Castings Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Nitin Castings Ltd vs industry peers?

Nitin Castings Ltd revenue CAGR is 18.63%, compared to the industry median CAGR of 7.17%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Nitin Castings Ltd?

Promoters hold 71.39% of the Nitin Castings Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Nitin Castings Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 34% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	2.6%	5.1%	3.3%	8%	5.6%	9.1%	12%	13.5%	21.4%	20.7%	-
Value Creation Index ⓘ	-0.8	-0.6	-0.8	-0.4	-0.6	-0.4	-0.1	0.0	0.5	0.5	-
Growth Parameters ⓘ
Sales ⓘ	64.3	61.5	57.5	73.8	64.1	62	96.5	133	149	151	147
Sales YoY Gr.	-	-4.4%	-6.5%	28.2%	-13.1%	-3.3%	55.7%	38.2%	11.5%	1.2%	-
Adj EPS ⓘ	-0.1	2	1.6	4.6	2.6	6.2	9.7	9.6	26.4	20.9	20.7
YoY Gr.	-	NA	-20%	188.8%	-44.8%	142%	57.9%	-1.1%	174.1%	-20.9%	-
BVPS (₹) ⓘ	78.8	84.5	85.8	89.2	91.3	97.8	107.4	116.5	139.5	160.6	178.4
Adj Net Profit ⓘ	-0	1	0.8	2.4	1.3	3.2	5	5	13.6	10.7	11
Cash Flow from Ops. ⓘ	1.1	2.7	5.8	9.9	9.7	15.3	1.1	0.9	17.4	17.8	-
Debt/CF from Ops. ⓘ	8.7	3.6	2.4	1.3	0.8	0.2	3.6	10.9	0.3	0.4	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.9%	18.6%	16%	1.2%
Adj EPS ⓘ	NA	52.3%	28.9%	-20.9%
BVPSⓘ	8.2%	12%	14.4%	15.2%
Share Price	33.1%	48.1%	6.8%	-15.5%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-0.1	2.4	1.9	5.3	2.8	6.5	9.5	8.6	20.6	13.9	12.2
Op. Profit Mgn % ⓘ	7	9.3	8.5	9.8	10.1	9.1	7.1	7.3	9.9	10.5	9.1
Net Profit Mgn % ⓘ	-0.1	1.7	1.4	3.2	2	5.1	5.2	3.7	9.1	7.1	7.2
Debt to Equity ⓘ	0.4	0.2	0.3	0.3	0.2	0.1	0.1	0.2	0.1	0.1	0
Working Cap Days ⓘ	134	196	248	197	203	178	115	108	110	119	134
Cash Conv. Cycle ⓘ	84	118	142	109	111	98	59	56	54	48	74

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	64	61	58	74	64	62	97	133	149	151
Operating Expenses ⓘ +	60	56	53	67	58	56	90	124	134	135
Manufacturing Costs	13	0	0	0	0	0	0	0	0	0
Material Costs	37	45	41	52	43	44	75	104	115	108
Employee Cost	6	6	6	8	7	6	6	7	8	9
Other Costs ⓘ	4	4	5	6	7	5	8	13	12	18
Operating Profit ⓘ	4	6	5	7	6	6	7	10	15	15
Operating Profit Margin (%)	7.0%	9.3%	8.5%	9.7%	10.1%	9.1%	6.9%	7.2%	9.9%	10.2%
Other Income ⓘ +	0	1	1	2	1	2	2	1	5	4
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	-2	0
Interest ⓘ	1	1	1	1	1	1	0	0	0	0
Depreciation ⓘ	4	4	4	4	4	2	2	2	2	2
Profit Before Tax ⓘ	0	2	1	3	2	4	7	9	15	17
Tax ⓘ	0	1	0	1	0	1	1	4	3	4
Profit After Tax	0	1	1	2	1	3	5	5	12	12
PAT Margin (%)	0.0%	1.9%	1.5%	3.2%	2.0%	5.3%	5.4%	3.7%	8.2%	8.2%
Adjusted EPS (₹)	0.1	2.3	1.6	4.6	2.6	6.3	10.0	9.5	23.6	24.1
Dividend Payout Ratio (%)	384.10%	21.90%	30.50%	11%	0%	7.90%	5%	7.90%	12.70%	12.40%

Valuation of Nitin Castings - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	22	43	44	46	47	50	55	60	72	83
Share Capital ⓘ	1	3	3	3	3	3	3	3	3	3
Reserves ⓘ	21	41	42	43	44	48	53	57	69	80
Debt +	9	10	12	10	5	1	3	10	4	7
Long Term Debt	0	2	7	8	5	0	0	0	3	2
Short Term Debt	9	7	5	2	0	0	3	9	1	5
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	4	4	7	7	7	8	13	13	18	24
Others Liabilities ⓘ	26	9	10	9	9	8	6	9	15	16
Total Liabilities ⓘ	62	66	74	72	67	67	78	92	109	129
Fixed Assets
Net Fixed Assets ⓘ +	21	18	30	30	26	24	23	22	25	30
Gross Block	46	46	62	66	66	67	67	67	71	78
Accumulated Depreciation	25	29	32	36	40	42	44	45	46	48
CWIP ⓘ	2	8	0	0	0	0	0	0	0	0
Investments ⓘ	2	0	0	0	5	16	17	25	36	47
Inventories	14	16	21	16	19	13	19	26	28	31
Trade Receivables	13	11	11	12	9	10	13	12	15	14
Cash Equivalents	1	1	2	4	2	0	3	1	0	0
Others Assets ⓘ	7	12	10	10	7	3	3	5	5	6
Total Assets ⓘ	62	66	74	72	67	67	78	92	109	129

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	1	3	6	10	10	15	1	1	17	18
PBT ⓘ	1	2	1	3	2	4	7	9	15	17
Adjustment ⓘ	1	4	5	5	6	3	2	2	-1	3
Changes in Working Capital ⓘ	-1	-2	0	3	2	9	-6	-7	7	2
Tax Paid ⓘ	-0	-1	-0	-1	-0	-1	-1	-2	-3	-4
Cash Flow From Investing Activity ⓘ +	-1	-3	-7	-4	-5	-12	-2	-8	-13	-19
Capex	-2	-6	-9	-4	-1	-1	-1	-0	-5	-7
Net Investments	2	2	-0	-0	-5	-11	-0	-7	-8	-11
Others ⓘ	0	0	2	0	0	0	0	0	0	0
Cash Flow From Financing Activity ⓘ +	-1	1	2	-4	-7	-5	2	6	-6	1
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	5	0	0	0	0	0	0	0
Interest Paid ⓘ	-0	-0	-1	-1	-1	-1	-0	-0	-0	-0
Dividend Paid ⓘ	-0	0	-0	-0	-0	0	-0	-0	-0	-2
Others ⓘ	-0	1	-2	-3	-5	-4	3	6	-5	3
Net Cash Flow ⓘ	-0	0	1	2	-2	-1	2	-1	-1	-0

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	0.12	3.59	1.92	5.2	2.82	6.7	9.78	8.5	18.43	16.09
ROCE (%)	2.56	5.05	3.28	7.97	5.58	9.1	11.99	13.5	21.42	20.67
Asset Turnover Ratio	1.5	1.08	0.85	1.01	0.94	0.94	1.34	1.59	1.52	1.27
PAT to CFO Conversion(x)	N/A	3	6	5	10	5	0.2	0.2	1.42	1.5
Working Capital Days
Receivable Days	51	64.80	69.20	57.80	59.30	55.10	41.90	33.90	32.40	35.10
Inventory Days	57.20	79.90	112	90.60	97	92.30	61	62.10	65.30	71.70
Payable Days	38.60	33.40	50.70	50.60	59.60	61.20	50.70	46	49.60	70.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nitin Castings Ltd FAQs

The current trading price of Nitin Castings on 04-Jun-2026 16:59 is ₹568.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Nitin Castings stood at ₹292.2 Cr

The latest P/E ratio of Nitin Castings as of 03-Jun-2026 is 27.49.

The latest P/B ratio of Nitin Castings as of 03-Jun-2026 is 3.19.

The 52-week high of Nitin Castings is ₹733.9 and the 52-week low is ₹432.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nitin Castings is ₹147 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nitin Castings Ltd is a average quality company.

The key valuation ratios of Nitin Castings Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Nitin Castings Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Nitin Castings Ltd

Kedia Group entered the arena of the foundry industry in the year 1964, with the formation of Nitin Castings a group company, with centralized facilities located at Thane, an eastern suburb barely 32 kms away from the industrial metro of India, Mumbai.

Nitin Alloys Global made rapid strides to achieve full recognition in manufacturing high quality alloy steel castings, comparable very favorably with those which were being imported from various developed countries and gained acknowledgement and acceptance for import substitution in several core sector industries of national importance. 1974 was to be another landmark year in the brief history of Nitin.

The company entered into technical collaboration with Schmidt + Clemens of Germany, and imported advanced technology for the manufacturer of reformer tubes and other horizontal centrifugal castings. The technology absorption & update went on till 1989, when the technical collaboration ended making Nitin a fully independent company to expand its horizons.

To meet the increased demand of static castings and to make those castings at competitive prices, a sister concern in the name of Nitin Alloy Steels was started in Februrary, 1998, near Silvassa, Union Territory of Dadra-Nagar Haveli about 150kms away from Mumbai. The Foundry manufactures all grades of steel, stainless steel and heat resistant steel castings and is certified as per ISO 9001:2000 by BVQI, London.

During the year 2006-07, Nitin further expanded its manufacturing activities. The Silvassa facility of Nitin Alloys Global Ltd. was expanded to accommodate to handle Manganese Steel, Low Alloy Steel etc. besides the existing grades of Heat Resistance, Corrosion Resistance, and Wear Resistance Alloys. The manufacturing capacity, after this expansion, is to be 4,000 Tones Per Annum.

Products manufactured by the company include:

Decanter Centrifugs
Bowl Extensions
Front Hubs
Rear Hubs
Filtration Wheels
Hub Conveyors
Solid Head Walls
Liquid Head Walls

Vavles :

Balls For Ball Valves
Seat Rings
Cages
Valve Bodies, Bonnets, Yokes For Gate Valve, Globe Valve
Valve Bodies & Discs For Butterfly Valves

Pump Industry

Casings
Impellers
Sleeves
Bushes etc.

Cement Plants

Grate Plates
Nose Ring Segments
Immersion Tubes
Tip Castings

Steel Plants

Radiant Tubes
Hearth Rolls
Sink Rolls
Retort Tubes
Grate Bars
Normalizing Furnace Rolls
Air injection Tubes
Briquette Deflector Rolls

Others

Parts of Earth Moving Equipments in low alloy steels
Rings for Metallic Ring Joint Gaskets
Lift Cylinders for Tyre Machinery
Liners for Compressors
Suction Rolls for Paper Industry

Services offered by the company includes:

Fabricatio
Centrifugal casting
Static casting

Clientele:

Zuari Agro Chemicals Ltd.
Southern Petro Chemical Industries Corporation Ltd.
Hindusthan Organic Chemicals Ltd.
Andhra Petrochemicals Ltd.
Indian Oil Corporation Ltd.
Steel Authority of India Ltd.
Tata Steel
Jindal Iron & Steel
Bharat Earth Movers Ltd.
Vulcan Engrs.Ltd.
Orient Cement
Vasavadatta Cement
L & T Cement and many more

Achievements/ recognition:

ISO 9001:2000 certification from BVQI, London.

Nitin Castings Ltd (508875)

Nitin Castings Ltd (508875)

Nitin Castings stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Nitin Castings - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nitin Castings Ltd FAQs

About Nitin Castings Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Nitin Castings Ltd (508875)

Nitin Castings Ltd (508875)

Nitin Castings stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Nitin Castings - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nitin Castings Ltd FAQs

What is the share price of Nitin Castings?

What is the market cap of Nitin Castings?

What is the P/E ratio of Nitin Castings?

What is the P/B ratio of Nitin Castings?

What is the 52-week high and low of Nitin Castings?

What is the TTM revenue of Nitin Castings?

Is Nitin Castings Ltd a good quality company?

Is Nitin Castings Ltd undervalued or overvalued?

Is Nitin Castings Ltd a good buy now?

About Nitin Castings Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.