When is the next results date for Nitin Castings?

No Upcoming Board Meetings

Has Nitin Castings declared dividend?

Nitin Castings Ltd has declared a 60% dividend, amounting to ₹3 per share, with an ex-date of September 20, 2024. Despite recent negative returns over the last 6 months and year, the company has shown strong total returns over the longer 3, 4, and 5-year periods.

Nitin Castings Ltd has declared a 60% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 60%<BR>- Amount per share: 3<BR>- Ex-date: 20 Sep 24<BR><BR>Dividend Yield: 0.43%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -6.6%, with a dividend return of 0%, resulting in a total return of -6.6%.<BR><BR>Over the past year, the price return was -8.85%, with a dividend return of 0.42%, leading to a total return of -8.43%.<BR><BR>In the last 2 years, the price return was 37.22%, with a dividend return of 0.77%, culminating in a total return of 37.99%.<BR><BR>For the 3-year period, the price return was 368.12%, with a dividend return of 3.07%, resulting in a total return of 371.19%.<BR><BR>Over the past 4 years, the price return was 742.14%, with a dividend return of 5.17%, leading to a total return of 747.31%.<BR><BR>In the last 5 years, the price return was 1087.03%, with a dividend return of 8.96%, resulting in a total return of 1095.99%.<BR><BR>Overall, Nitin Castings has declared a significant dividend, contributing to a positive total return over longer periods, especially in the 3, 4, and 5-year spans, despite recent negative returns in the shorter terms.

Who are the peers of the Nitin Castings?

Nitin Castings' peers include AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Kalyani Forge, Hilton Met.Forg., Gujarat Intrux, and Samrat Forgings. Balu Forge leads in 1-year returns at 155.79%, while Nitin Castings has a return of -11.82%.

Peers: The peers of Nitin Castings are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Kalyani Forge, Hilton Met.Forg., Gujarat Intrux, and Samrat Forgings.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering and Gujarat Intrux, while Average management risk is found at Happy Forgings, Balu Forge, Steelcast, Amic Forging, Kalyani Forge, and Samrat Forgings, and the rest. Good growth is noted at Balu Forge, Amic Forging, and Nitin Castings, while Average growth is seen at Steelcast and Kalyani Forge, and the rest. Excellent capital structure is present at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, and Nitin Castings, while Good capital structure is found at Amic Forging, and Below Average capital structure is noted at Kalyani Forge, Hilton Met.Forg., and Samrat Forgings.<BR><BR>Return Snapshot: Balu Forge has the highest 1-year return at 155.79%, while Hilton Met.Forg. has the lowest at -35.16%, with Nitin Castings showing a 1-year return of -11.82%, which is better than Hilton Met.Forg. but worse than Balu Forge. Additionally, the six-month returns for Hilton Met.Forg. and Samrat Forgings are negative.

What is the technical trend for Nitin Castings?

As of June 4, 2025, Nitin Castings shows a neutral trend with mixed signals: mildly bullish weekly MACD and Bollinger Bands, but mildly bearish daily moving averages and monthly MACD, indicating market uncertainty.

As of 4 June 2025, the technical trend for Nitin Castings has changed from mildly bearish to sideways. The weekly MACD is mildly bullish, while the monthly MACD is mildly bearish, indicating mixed signals. The Bollinger Bands are bullish on both weekly and monthly time frames, suggesting potential upward momentum. However, the daily moving averages are mildly bearish, which adds caution. The KST shows bullishness weekly but is mildly bearish monthly, and Dow Theory indicates no clear trend in both weekly and monthly views. Overall, the current stance is neutral with mixed strength indicators, reflecting uncertainty in the market.

Who are in the management team of Nitin Castings?

As of March 2023, the management team of Nitin Castings includes Nirmal B Kedia (Executive Director), Nitin S Kedia (Chairman & Managing Director), Arvind B Jalan and Preeti (Independent Directors), Nipun N Kedia (Executive Director), and Ishan Verma (Company Secretary & Compliance Officer). They oversee the company's operations and strategic direction.

As of March 2023, the management team of Nitin Castings includes the following members:<BR><BR>1. Nirmal B Kedia - Executive Director<BR>2. Nitin S Kedia - Chairman & Managing Director<BR>3. Arvind B Jalan - Independent Director<BR>4. Nipun N Kedia - Executive Director<BR>5. Preeti - Independent Director<BR>6. Ishan Verma - Company Secretary & Compliance Officer<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Nitin Castings do?

Nitin Castings Ltd is a micro-cap company that manufactures and sells alloy steel castings. As of March 2025, it reported net sales of ₹386 Cr and a net profit of ₹24 Cr, with a market cap of ₹319 Cr.

Overview: <BR>Nitin Castings Ltd is a micro-cap company in the Castings & Forgings industry that manufactures and sells Alloys Steel Castings.<BR><BR>History: <BR>Nitin Castings Ltd was incorporated on December 3, 1982, originally as 'Aditya Leasing Limited'. It underwent a name change to Nitin Alloys Global Limited on June 6, 2006, and further changed to 'Nitin Castings Limited' on January 3, 2017. The most recent quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 386 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 24 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 319 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 25.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.48% <BR>Debt-Equity: -0.47 <BR>Return on Equity: 15.03% <BR>Price to Book: 3.86<BR><BR>Contact Details: <BR>Address: 202 2nd Flr Sanjay Building, No 3 Sir M V Road Andheri (E) Mumbai Maharashtra : 400059 <BR>Tel: 91-22-25985900 <BR>Email: finance@nitincastings.com <BR>Website: http://www.nitincastings.com

Who are the top shareholders of the Nitin Castings?

The top shareholders of Nitin Castings are Shalini Nirmal Kedia, the promoter with 19.17%, and public shareholder Punit Gopikishan Makharia with 11.86%. Individual investors hold a combined 22.88%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Nitin Castings include Shalini Nirmal Kedia, who is the promoter with the highest holding at 19.17%. The highest public shareholder is Punit Gopikishan Makharia, holding 11.86%. Additionally, individual investors collectively hold 22.88% of the company's shares. There are no mutual funds or foreign institutional investors currently holding shares in the company.

How big is Nitin Castings?

As of 24th July, Nitin Castings Ltd has a market capitalization of 339.00 Cr, with recent net sales of 150.57 Cr and a net profit of 12.41 Cr. The latest balance sheet shows shareholder's funds of 71.70 Cr and total assets of 109.34 Cr.

As of 24th July, Nitin Castings Ltd has a market capitalization of 339.00 Cr, classifying it as a Micro Cap company.<BR><BR>In the latest four quarters, Nitin Castings reported Net Sales of 150.57 Cr and a Net Profit of 12.41 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 71.70 Cr and Total Assets of 109.34 Cr.

Are Nitin Castings latest results good or bad?

Nitin Castings' latest results show improved profitability, with a 84% increase in Profit After Tax, but a 5% decline in net sales and reduced liquidity raise concerns about sustainability. Overall, while profitability has improved, caution is advised regarding the company's financial health.

Nitin Castings' latest results present a mixed picture. On one hand, the company has shown significant improvement in profitability metrics, with Profit After Tax (PAT) rising by 84% to Rs 5.71 crore and Profit Before Tax (PBT) increasing by 59.1% to Rs 4.81 crore. The operating profit also reached Rs 5.52 crore, the highest in the last five quarters, contributing to an operating profit margin of 15.44%. Additionally, the Earnings per Share (EPS) of Rs 11.11 reflects increased profitability for shareholders.<BR><BR>However, there are notable challenges. Net sales fell by 5% to Rs 35.75 crore, which is below the average of the previous four quarters. Furthermore, a significant portion of the PBT, about 35.35%, came from non-operating income, raising concerns about the sustainability of these profits. The company's cash and cash equivalents have also decreased to Rs 0.27 crore, indicating a decline in short-term liquidity.<BR><BR>In summary, while Nitin Castings has improved its profitability, the decline in sales and liquidity issues suggest that caution is warranted regarding its overall financial health.

Is Nitin Castings overvalued or undervalued?

As of August 18, 2025, Nitin Castings is considered undervalued with strong performance metrics, including a PE ratio of 23.49 and a PEG ratio of 0.00, making it an attractive investment compared to peers like Bharat Forge and CIE Automotive, despite recent underperformance against the Sensex.

As of 18 August 2025, Nitin Castings has moved from a fair to an attractive valuation grade. The company appears to be undervalued given its strong performance metrics, including a PE ratio of 23.49, an EV to EBITDA ratio of 18.95, and a ROCE of 28.48%. In comparison to its peers, Nitin Castings' valuation stands out, particularly against Bharat Forge, which has a much higher PE ratio of 55.07, and CIE Automotive, which boasts a lower PE of 19.18 but is also rated as attractive.<BR><BR>The current valuation suggests that Nitin Castings is well-positioned in the market, especially considering its PEG ratio of 0.00, indicating potential for growth without the corresponding price increase. While the stock has underperformed the Sensex over the past year, its impressive long-term returns of 383.56% over three years and 1246.51% over five years highlight its potential as a solid investment opportunity. Overall, Nitin Castings is currently undervalued relative to its peers and its own historical performance.

How has been the historical performance of Nitin Castings?

Nitin Castings has shown consistent growth, with net sales increasing from 61.97 crore in March 2021 to 150.57 crore in March 2025, and profit after tax rising from 1.31 crore to 12.41 crore during the same period. The company has demonstrated strong profitability and a solid asset base, with total assets growing from 67.21 crore to 129.24 crore.

Answer:<BR>The historical performance of Nitin Castings shows a consistent growth in net sales and profit over the years, with the latest figures for March 2025 indicating net sales of 150.57 crore and a profit after tax of 12.41 crore.<BR><BR>Breakdown:<BR>Nitin Castings has demonstrated a steady increase in net sales from 61.97 crore in March 2021 to 150.57 crore in March 2025, reflecting a strong upward trend. The total operating income has similarly risen, reaching 150.57 crore in March 2025, up from 61.97 crore in March 2021. The raw material costs peaked at 120.53 crore in March 2024 but decreased to 103.51 crore in March 2025, contributing to an operating profit of 19.26 crore in the latest year. Profit before tax also showed an upward trajectory, increasing from 1.66 crore in March 2020 to 16.77 crore in March 2025. The profit after tax has significantly improved from 1.31 crore in March 2020 to 12.41 crore in March 2025, indicating enhanced profitability. Total assets have grown from 67.21 crore in March 2020 to 129.24 crore in March 2025, while total liabilities increased from 66.81 crore to 129.24 crore in the same period. The cash flow from operating activities remained stable at 17.00 crore in March 2025, with a net cash inflow of 0.00 crore, indicating a balanced cash position. Overall, Nitin Castings has shown robust growth in sales and profitability, alongside a solid asset base.

Should I buy, sell or hold Nitin Castings?

Which are the latest news on Nitin Castings?

Which are the latest news on Nitin Castings?

Why is Nitin Castings falling/rising?

As of 22-Dec, Nitin Castings Ltd's stock price is rising to 520.00, reflecting a 1.76% increase today. However, despite this short-term gain, the stock has declined 25.18% year-to-date, and decreasing investor participation may pose future challenges.

As of 22-Dec, Nitin Castings Ltd's stock price is rising, currently at 520.00, reflecting a change of 9.0 (1.76%) upward. This increase can be attributed to its performance today, where it outperformed the sector by 0.31%. The stock reached an intraday high of Rs 528.95, indicating positive trading momentum during the day. <BR><BR>Despite some erratic trading patterns, including not trading on 2 out of the last 20 days, the stock has shown a significant increase over the past month, with a rise of 10.24%, compared to a modest 0.39% increase in the Sensex. However, it is important to note that the stock has experienced a decline year-to-date of 25.18%, which contrasts sharply with the Sensex's gain of 9.51% over the same period.<BR><BR>The stock's moving averages indicate that it is currently higher than the 5-day, 20-day, and 50-day moving averages, suggesting a short-term positive trend. However, it remains lower than the 100-day and 200-day moving averages, which could imply potential resistance at higher price levels. Additionally, there has been a notable decrease in investor participation, with delivery volume falling by 30.07% against the 5-day average, which may affect future price movements.<BR><BR>In summary, while Nitin Castings Ltd is experiencing a rise in its stock price today, the broader context of its performance over the year and declining investor participation could pose challenges moving forward.

Why is Nitin Castings Ltd falling/rising?

As of 23-Dec, Nitin Castings Ltd's stock price has risen to 525.00, reflecting a 0.96% increase, driven by consecutive gains, heightened investor participation, and positive short-term performance despite a year-to-date decline of 24.46%. The stock is currently trading above its moving averages, indicating a bullish trend.

As of 23-Dec, Nitin Castings Ltd is experiencing a rise in its stock price, currently at 525.00, which reflects an increase of 5.0 or 0.96%. This upward movement can be attributed to several factors. The stock has shown a consecutive gain over the last two days, with a total return of 2.74% during this period. Additionally, the stock's performance today is in line with the sector, indicating a positive sentiment among investors.<BR><BR>Moreover, there has been a significant increase in investor participation, as evidenced by a delivery volume of 176 on December 22, which has surged by 1772.34% compared to the 5-day average delivery volume. This heightened activity suggests growing interest in the stock, contributing to its price rise. The stock also reached an intraday high of Rs 534, marking a 2.69% increase at that point.<BR><BR>While the stock's performance over the year-to-date shows a decline of 24.46%, its recent short-term performance, including a 1-month increase of 11.30%, indicates a positive trend. The stock is currently trading above its 5-day, 20-day, and 50-day moving averages, which further supports the notion of a rising price. Overall, the combination of consecutive gains, increased trading volume, and positive short-term performance are key factors contributing to the rise in Nitin Castings Ltd's stock price.

Why is Nitin Castings Ltd falling/rising?

As of 24-Dec, Nitin Castings Ltd's stock price is rising to Rs 524.90, driven by strong investor interest and significant outperformance against benchmarks, with a notable increase in delivery volume. Despite some erratic trading, the stock shows short-term bullish sentiment while remaining below longer-term moving averages.

As of 24-Dec, Nitin Castings Ltd's stock price is rising, currently at Rs 524.90, reflecting a change of Rs 5.75 or 1.11% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the benchmark Sensex, gaining 2.53% compared to the Sensex's 1.00%. Additionally, the stock has shown significant growth over the past month, with a rise of 10.51%, while the Sensex only increased by 0.60%.<BR><BR>Today's trading performance indicates a strong interest from investors, as the stock outperformed its sector by 1.95%. Notably, there has been a substantial increase in delivery volume, which rose by 321.8% against the 5-day average, suggesting heightened investor participation. Furthermore, the stock reached an intraday high of Rs 530, indicating positive momentum during the trading session.<BR><BR>Despite some erratic trading patterns, including not trading on one day out of the last 20, the overall trend appears favorable. The stock's current price is above its 5-day, 20-day, and 50-day moving averages, which typically indicates bullish sentiment. However, it remains below its 100-day and 200-day moving averages, suggesting that while there is short-term strength, longer-term trends may still be under consideration.<BR><BR>In summary, the combination of recent price increases, strong investor participation, and outperformance against benchmarks contributes to the rising stock price of Nitin Castings Ltd.

Why is Nitin Castings Ltd falling/rising?

As of 25-Dec, Nitin Castings Ltd's stock price is rising to Rs 524.90, up 1.11%, driven by strong recent performance and increased investor interest. The stock has outperformed the Sensex over the past week and month, despite some volatility in intraday trading.

As of 25-Dec, Nitin Castings Ltd's stock price is rising, currently at Rs 524.90, reflecting an increase of Rs 5.75 or 1.11%. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the Sensex, gaining 2.53% compared to the benchmark's 1.00%. Additionally, the stock has shown a significant increase of 10.51% over the past month, while the Sensex only increased by 0.60%.<BR><BR>Today's trading performance indicates that the stock has outperformed its sector by 1.95%. The stock reached an intraday high of Rs 530, which is a 2.09% increase, although it also experienced a low of Rs 487, marking a decline of 6.19%. Despite this volatility, there has been a notable rise in investor participation, with delivery volume on December 23 increasing by 321.8% compared to the 5-day average. This suggests growing interest among investors, contributing to the stock's upward trend.<BR><BR>Furthermore, while the stock is currently trading above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day moving averages, indicating a mixed technical outlook. However, the overall positive performance in the short term and increased trading activity are key factors supporting the rise in Nitin Castings Ltd's stock price.