Nitin Castings Ltd
NITINCASTNitin Castings Ltd
NITINCAST
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
Valuation
HighSeems to be overvalued vs the market average
Growth
AvgFinancials growth has been moderate for a few years
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 26.36 | 4.96 | 0.43% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.46 | 3.34 | 1.38% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Nitin Castings Limited is a manufacturer of alloy heat and corrosion-resistant castings and is engaged in fabrication of heat and corrosion-resistant components for various industrial applications using cast and wrought components etc.
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
Hmm, looks like data is unavailable here. Please come back after some timeEarnings Per Share Forecast
Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 64.64 | 62.21 | 58.31 | 75.58 | 65.24 | 63.47 | 98.66 | 134.18 | 153.09 | 156.57 | ||||||||||
Raw Materials | 50.28 | 44.93 | 44.04 | 48.16 | 46.04 | 39.67 | 75.72 | 111.16 | 120.53 | 136.80 | ||||||||||
| Power & Fuel Cost | 0.20 | 0.20 | 0.19 | 0.17 | 0.17 | 0.18 | 0.17 | 0.15 | 0.17 | |||||||||||
| Employee Cost | 1.91 | 4.83 | 2.37 | 3.38 | 2.97 | 2.56 | 6.41 | 6.85 | 7.78 | |||||||||||
| Selling & Administrative Expenses | 7.63 | 5.29 | 8.84 | 9.98 | 10.20 | 7.70 | 6.68 | 9.96 | 10.28 | |||||||||||
| Operating & Other expenses | -0.25 | 0.54 | -2.81 | 4.94 | -1.80 | 6.21 | 0.90 | -4.44 | -3.04 | |||||||||||
EBITDA | 4.87 | 6.42 | 5.68 | 8.95 | 7.66 | 7.15 | 8.78 | 10.50 | 17.37 | 19.77 | ||||||||||
| Depreciation/Amortization | 3.87 | 3.78 | 3.86 | 4.31 | 4.50 | 2.21 | 2.00 | 1.80 | 1.69 | 1.90 | ||||||||||
| PBIT | 1.00 | 2.64 | 1.82 | 4.64 | 3.16 | 4.94 | 6.78 | 8.70 | 15.68 | 17.87 | ||||||||||
| Interest & Other Items | 0.92 | 0.92 | 0.93 | 1.32 | 1.49 | 1.02 | 0.25 | 0.18 | 0.23 | 0.31 | ||||||||||
| PBT | 0.08 | 1.72 | 0.89 | 3.32 | 1.67 | 3.92 | 6.53 | 8.52 | 15.45 | 17.56 | ||||||||||
| Taxes & Other Items | 0.06 | 0.55 | 0.04 | 0.97 | 0.36 | 0.66 | 1.36 | 3.62 | 3.32 | 4.08 | ||||||||||
| Net Income | 0.02 | 1.17 | 0.85 | 2.35 | 1.31 | 3.26 | 5.17 | 4.90 | 12.13 | 13.48 | ||||||||||
| EPS | 0.07 | 2.94 | 1.65 | 4.57 | 2.55 | 6.34 | 10.06 | 9.53 | 23.59 | 26.22 | ||||||||||
| DPS | 0.38 | 0.50 | 0.50 | 0.50 | 0.00 | 0.50 | 0.50 | 0.75 | 3.00 | 3.00 | ||||||||||
| Payout ratio | 5.27 | 0.17 | 0.30 | 0.11 | 0.00 | 0.08 | 0.05 | 0.08 | 0.13 | 0.11 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
MaterialsMetals - Iron
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Nitin Castings Ltd | 29.30 | 4.96 | 0.43% |
| Indsil Hydro Power and Manganese Ltd | -14.12 | 1.22 | — |
| Creative Castings Ltd | 18.53 | 2.41 | — |
Price Comparison
Compare NITINCAST with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 20, 2024
Dividend/Share
₹3.00
Ex DateEx Date
Sep 20, 2024
Cash Dividend
Ex DateEx DateAug 10, 2023
Dividend/Share
₹0.75
Ex DateEx Date
Aug 10, 2023
Cash Dividend
Ex DateEx DateSep 23, 2022
Dividend/Share
₹0.50
Ex DateEx Date
Sep 23, 2022
Cash Dividend
Ex DateEx DateSep 17, 2021
Dividend/Share
₹0.50
Ex DateEx Date
Sep 17, 2021
Cash Dividend
Ex DateEx DateSep 20, 2019
Dividend/Share
₹0.50
Ex DateEx Date
Sep 20, 2019
Net profit of Nitin Castings rose 31.66% to Rs 4.20 crore in the quarter ended September 2024 as against Rs 3.19 crore during the previous quarter ended September 2023. Sales declined 4.49% to Rs 38.32 crore in the quarter ended September 2024 as against Rs 40.12 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales38.3240.12 -4 OPM %10.449.20 - PBDT5.814.49 29 PBT5.294.09 29 NP4.203.19 32 Powered by Capital Market - Live
Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live
Nitin Castings announced that the 41th Annual General Meeting (AGM) of the company will be held on 23 September 2024.Powered by Capital Market - Live
Net profit of Nitin Castings rose 9.09% to Rs 3.96 crore in the quarter ended June 2024 as against Rs 3.63 crore during the previous quarter ended June 2023. Sales rose 11.46% to Rs 39.87 crore in the quarter ended June 2024 as against Rs 35.77 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales39.8735.77 11 OPM %11.5410.20 - PBDT6.005.01 20 PBT5.524.61 20 NP3.963.63 9 Powered by Capital Market - Live
Nitin Castings will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 15.16%, vs industry avg of -16.16%
Increasing Market Share
Over the last 5 years, market share increased from 9.45% to 46.21%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 38.85%, vs industry avg of -13.02%