Nitin Castings Ltd

NSE :

BSE: 508875

SECTOR : CASTINGS, FORGINGS & FASTNERS

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52w high/low	₹133.95 / ₹52.55
P/E ratio	27.13
Dividend	0.42
ROE	19.55
ROCE	24.11
Face value	5
Book value	₹152.33Cr
Market capital	₹365.6Cr

Shareholding pattern

What is shareholding pattern? Who are shareholders?

Shareholding pattern represents the percentage of share ownership that different investors are holding in the company. A company can have multiple investors who invest in its shares. These are called as shareholders and there are two major categories of shareholders - promoters and public shareholders.

Promoters are typically the founders and public shareholders could be financial institutes like banks, insurance companies, domestic institutional investors, foreign institutional investors and common public.

Cash flow

What is a cash flow statement?

It is a financial statement that offers aggregate statistics on all cash inflows a business collects from its continuing activities and external sources of investment. It also includes all cash outflows over a specified time paying for company operations and investments.The main components of the CFS are cash from three areas: operating, investing, and financing activities...Read more

Balance Sheet

What is a balance sheet?

A balance sheet is a financial statement that records the assets, liabilities, and equity of a company at a certain point in time and provides a basis for estimating return rates and determining the capital structure. It offers a snapshot of what an entity owns and owes, as well as the sum that shareholders spend.The balance sheet complies with the following accounting equation in which assets on the one side, and liabilities plus shareholders' equity on the other, balance out:

Assets = Liabilities + Shareholder's Equity

This is used to conduct fundamental analysis or the estimation of financial ratios alongside other essential financial statements, such as income statement and statement of cash flows...Read more

Profit and loss

What is a profit and loss statement?

A profit and loss statement is a financial statement that represents the revenues, costs and expenses that the company has incurred during a quater or a fiscal year. It is also sometimes referred to as statement of profit and loss, income statement or statement of operations. This statement basically shows the investors and management whether the company has incurred profits or losses and in which areas.

Key Ratios

PE TTM

27.13

P/B

4.67

ROE

19.55

ROCE

24.11

Dividend yield

0.42%

EPS TTM

29.79

EBTIDA Growth

65.43

D/E

0.07

Sector PE

37.06

₹152.33Cr

Peer Comparison

Dividends

What are dividends?

Dividend, in financial terms, means a certain amount shared with shareholders of a company or a mutual fund on a regular basis – monthly, quarterly or annually. Read more

Bonuses

What are bonuses?

A bonus issue is an offer given to the existing shareholders of the company to subscribe for additional shares. Instead of increasing the dividend payout, the companies off... Read more

Company News

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Sector News

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About Nitin Castings Ltd

Nitin Alloys Global Ltd manufactures and sells alloys steel castings in the range of static and centrifugal in India. The company offers centrifugal castings for applications in various industries, such as fertilizers and petrochemicals, industrial furnaces, steel plants, sponge iron plants, and pig iron plants; and high alloy steel castings for heat and corrosion resistant applications. The company is based in Mumbai, India. The company is part of the Kedia group. The ISO 9001:2000 certified company has their foundry located at Silvassa in the Union Territory of Dadra & Nagar Haveli manufacturing all grades of steel, wear-resistance steel, stainless steel and heat-resistant steel castings with an installed capacity of 3,000 MTPA Nitin Alloys Global Ltd was incorporated in the year 1982 with the name Aditya Leasing Ltd. The name of the company was changed from Aditya Leasing Ltd to Nitin Alloys Global Ltd with effect from June 6, 2006 to reflect correct picture of company's operations and their scope of activities. During the year 2007-08, the company completed the expansion process of their increase in production capacity and commenced commercial prodcution. They entered into the field of manufacturing of Centrifugal Castings by increasing their product range.