Nitin Castings logo

Nitin Castings share price

BSE: 508875Industrial ProductsSmall Cap

Last close ₹434.90down ₹3.10 (0.71%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹438.00.

52-week range of traded prices to 23 Oct 2026
₹260.00Low, 25 Aug 2026₹650.00High, 12 Feb 2026
Market cap
₹224 Cr2,172nd largest listed
P/E
29.4
P/B
2.4
Dividend yield
Nonein the last 12 months
ROE
8.7%
ROCE
6.7%
Debt to equity
0.15
Volume, BSE
110

Share price

Daily closes since Apr 2007, adjusted for splits and bonuses. On BSE it is in group XT, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

−9.6%over a year

20-session average 146 shares a day

Results

Standalone; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹27 Crdown 20.69%
Net profit
₹2.68 Crup 52.68%
Net margin
9.7%

Revenue by year

Peak revenue ₹151 Cr, year to Mar 2025

Net profit by year, a loss in red

₹ croreSep 2024Filed 14 NovDec 2024Filed 7 FebMar 2025Filed 12 JunJun 2025Filed 14 AugSep 2025Filed 14 NovDec 2025Filed 17 JanMar 2026Filed 27 MayJun 2026Filed 14 Aug
Revenue38.333.838.635.736.540.334.627.5
Net profit4.21.82.55.71.51.71.82.7
Net margin11.0%5.3%6.4%16.0%4.1%4.2%5.1%9.7%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Alloys & Steel, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 73% of 1,970 trading days over the last 10 years.

LowestHighest
Its median23.6Industry median21.9
Price to book

At or below today's level on 32% of 1,222 trading days over the last 5 years.

LowestHighest
Its median3.4Industry median2.7
EV to EBITDA24.9

At or below today's level on 85% of 1,222 trading days over the last 5 years.

LowestHighest
Its median20.7Industry median16.8
Dividend yield

At or below today's level on 13% of 1,931 trading days over the last 10 years.

LowestHighest
Its median0.45%Industry median0.55%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−13.4%−14.4%+1.1%0.0%
3 years+33.1%+29.5%+2.5%0.3%
5 years+56.7%+26.7%+23.4%0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters71.39%
  • Individuals and others28.61%
Holder
Shalini Nirmal KediaPromoter19.17%
Suman Nitin KediaPromoter14.37%
PUNIT GOPIKISHAN MAKHARIAResident individuals, over ₹2 lakh at face value11.86%
NITIN SHANTIKUMAR KEDIAPromoter10.73%
Nirmal Bhagirathprasad KediaPromoter9.02%
TFC ENGINEERING PVT. LTD.Companies3.67%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

Peers and competitors

Castings & Forgings, 30 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Nitin Castings in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Tirupati Forge logoTirupati ForgeTIRUPATIFL841137.86.352.5+42.3%−8.4%5.1%5.0%0.00%
Magna Electro Castings logoMagna Electro CastingsMAGNAELQ51933.43.616.8+8.7%−32.6%11.3%12.9%0.41%
Metalic TechnoforgeMETALIC347–––––––0.00%
Kalyani Forge logoKalyani ForgeKALYANIFRG26221.12.711.2−2.8%+32.2%13.4%11.0%0.56%
Munish Forge logoMunish ForgeMUNISH19319.11.510.8––8.0%9.6%0.00%
Gujarat Intrux logoGujarat IntruxGUJINTRX14714.02.29.9+11.2%+5.6%15.8%19.4%5.84%
Krishanveer Forge logoKrishanveer ForgeKVFORGE13612.12.610.9+7.5%+89.7%24.1%21.4%2.41%
KVS Castings logoKVS CastingsKVSCASTING13118.52.0–––10.8%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.00 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
25 Aug 2025Final₹3.00
20 Sep 2024Final₹3.00
10 Aug 2023Final₹0.75
23 Sep 2022Final₹0.50
17 Sep 2021Final₹0.50
20 Sep 2019Final₹0.50
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Nitin Castings share price by year

Each calendar year to 2025.Nitin Castings share price history

YearClose at year endChangeHighest closeLowest close
2025490.55−29.4%713.00466.50
2024695.00+38.3%873.50480.40
2023502.35+224.4%613.80153.00
2022154.85+47.5%161.7099.85
2021105.00+106.5%127.6053.00
202050.85−34.0%86.0044.30
201977.00+14.1%80.4354.83
201867.50−28.2%105.0053.50
201794.00+150.7%105.0033.50
201637.50+33.9%45.0025.50
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
23 Oct 2026416.20454.95416.10434.90423.28110
22 Oct 2026437.95438.00437.95438.00–38
21 Oct 2026418.00439.95418.00438.00–41
19 Oct 2026435.00447.00418.00440.00–87
16 Oct 2026418.10439.00418.00439.00–14
15 Oct 2026420.30439.95418.10418.10–51
14 Oct 2026430.00440.00420.00440.00–22
13 Oct 2026442.00442.00442.00442.00442.0011
12 Oct 2026426.00447.80425.60445.00–40
8 Oct 2026440.00458.00434.60448.00–84
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
14 Mar 2019Split0.5000Each share became 2.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Nitin Castings Limited
BSE code
508875
ISIN
INE861H01020
Industry
Industrial Products
Face value
₹5
CIN
L65990MH1982PLC028822
Corporate identity number, the registrar of companies' code for it