Nitin Castings Ltd.

615.10 -7.90 ▼-1.3%

28 March 2024, 04:01:00 PM
Volume: 1,172

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Industry Icon Castings/Forgings Compare with Industry peers
Website http://www.nitincastings.com
Market Cap 319.30 Cr.
Enterprise Value(EV) 317.94 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 20.44 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 30.39 Trailing Twelve Months Ending 2023-12
Industry PE 30.52 Trailing Twelve Months Ending 2023-12
Book Value / Share 134.88 Trailing Twelve Months Ending 2023-12
Price to Book Value 4.60 Calculated using Price: 621.05
Dividend Yield 0.12 Period Ending 2023-03
No. of Shares Subscribed 0.51 Cr. 5,141,330 Shares
FaceValue 5
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 Castings Ltd. Delivery

Delivered Qty
Traded Qty

Nitin Castings Ltd. Performance

1 Day
-1.27%
1 Week
+10.91%
1 Month
+6.27%
3 Month
+23.35%
6 Month
+26.84%
1 Year
+170.49%
2 Year
+418.63%
5 Year
+709.87%
10 Year
+3054.36%

Nitin Castings Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 4.98 0.12 3.59 1.92 5.2 2.82 6.7 9.78 8.5
Return on Capital Employed (%) 7.44 2.56 5.05 3.28 7.97 5.58 9.1 11.99 13.5
Return on Assets (%) 3.51 0.06 1.85 1.2 3.21 1.89 4.86 7.12 5.75

Nitin Castings Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 22 42 43 44 46 47 50 55 60 66
Non Curr. Liab. 1 1 3 8 8 5 1 0 2 2
Curr. Liab. 10 18 19 22 18 16 16 22 30 34
Minority Int.
Equity & Liab. 34 61 66 74 72 67 67 78 92 103
Non Curr. Assets 13 27 29 33 33 28 26 25 23 24
Curr. Assets 21 34 37 41 39 39 41 54 69 79
Misc. Exp. not W/O
Total Assets 34 61 66 74 72 67 67 78 92 103

Nitin Castings Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 42 64 61 58 74 64 62 97 133 140
Other Income 0 0 1 1 2 1 2 2 1 4
Total Income 42 65 62 58 76 65 63 99 134 143
Total Expenditure -39 -60 -56 -53 -67 -58 -56 -90 -124 -127
PBIDT 3 5 6 6 9 8 7 9 11 16
Interest 0 -1 -1 -1 -1 -1 -1 0 0 0
Depreciation -1 -4 -4 -4 -4 -5 -2 -2 -2 -2
Taxation -1 0 -1 0 -1 0 -1 -1 -4 -4
Exceptional Items
PAT 1 0 1 1 2 1 3 5 5 11
Adjusted EPS 4 0 2 2 5 3 6 10 10 20

Nitin Castings Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 2 1 1 3 6 10 10 15 1 1
Cash Fr. Inv. -3 -3 -1 -3 -7 -4 -5 -12 -2 -8
Cash Fr. Finan. -4 2 -1 1 2 -4 -7 -5 2 6
Net Change -4 0 0 0 1 2 -2 -1 2 -1
Cash & Cash Eqvt 0 1 0 1 2 4 2 0 2 1

Nitin Castings Ltd. Shareholding Pattern

9 Qtrs 2021-12 (%) 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%)
Promoter 71.39 71.39 71.39 64.48 71.39 71.39 71.39 71.39 71.39
Public 28.61 28.61 28.61 35.52 28.61 28.61 28.61 28.61 28.61
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Nitin Castings Ltd. Announcements

Tue, 13 Feb 2024
Board Meeting Outcome for Outcome Ofthe Board Meeting Held On February 13 2024.
Pursuant to Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that the Board of Directors of the Company at their meeting held today i.e. February 13 2024 has inter alia considered
and approved:
1. The Unaudited Financial Results of the Company for the quarter ended December 31 2023 alongwith the Independent Auditors Limited Review Report.
Further pursuant to the provisions of SEBI (Prohibition of lnsider Trading) Regulations 2015 read with amendments thereto we would like to inform you that the Trading Window for dealing in the securities of the Company was closed for all lnsiders Designated Persons and their immediate relatives and Connected Persons from January 01 2024 and shall continue to remain closed till the end of 48 hours after the declaration of the Un-AuditedFinancial Results for the quarter ended December 31 2023.

Tue, 13 Feb 2024
Results-Outcome For The Board Meeting Dated February 13 2024.
Results- Outcome for the Board Meeting dated February 13 2024.
Mon, 05 Feb 2024
Board Meeting Intimation for Intimation Of The Board Meeting Pursuant To Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015
Nitin Castings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/02/2024 inter alia to consider and approve Pursuant to the Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we would like to inform you that the meeting of the Board of Directors of Nitin Castings Limited will be held on Tuesday February 13 2024 to approve inter alia Un-Audited Financial Results of the Company for the quarter ended December 31 2023.Further pursuant to the provisions of SEBI (Prohibition of Insider Trading) Regulations 2015 read with amendments thereto we would like to inform you that the Trading window for dealing in the securities of the company was closed for all insiders Designated persons and their immediate relatives and connected persons from January 01 2024 and shall continue to remain closed till the end of 48 hours after declaration of the Un-Audited Financial Results for the quarter ended December 31 2023 in the Board Meeting dated February 13 2024.

Nitin Castings Ltd. Technical Scans

Thu, 28 Mar 2024
Close Within 52 Week High Zone Close Within 52 Week High Zone
Close Above Last Week High Close Above Last Week High
High Increase in 1 Month High Increase in 1 Month
High Increase in 3 Months High Increase in 3 Months
High Increase in 6 Months High Increase in 6 Months

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Eicher Motors Ltd. Consolidated 2023-03 0.01 4,024.25 +2.8%
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Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,613.10 +0.7%
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