Nitin Castings Ltd
NSE: BSE: 508875
₹525
(0%)
Sun, 31 May 2026, 06:00 am
Market Cap2.83B
PE Ratio23.82
Dividend0.55
Non-Energy Minerals
Steel
24.5KNitin Castings Analysis
dividend
- Dividends paid are thoroughly covered by earnings (8.5x coverage).
- Nitin Castings's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
- Nitin Castings has only been paying a dividend for 5 years, and since then there has been no growth.
- Nitin Castings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
- Nitin Castings's dividend is below the markets top 25% of dividend payers in India (3.08%).
health
- Nitin Castings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Nitin Castings is profitable, therefore cash runway is not a concern.
- Nitin Castings is profitable, therefore cash runway is not a concern.
- Debt is well covered by operating cash flow (110.3%, greater than 20% of total debt).
- Debt is covered by short term assets, assets are 4.6x debt.
- Nitin Castings's cash and other short term assets cover its long term commitments.
- Interest payments on debt are well covered by earnings (EBIT is 5.2x coverage).
- Nitin Castings's level of debt (18.7%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has increased over the past 5 years (11.5% vs 18.7% today).
- High level of physical assets or inventory.
management
- The tenure for the Nitin Castings board of directors is about average.
- Nitin's compensation has been consistent with company performance over the past year, both up more than 20%.
- Nitin's remuneration is higher than average for companies of similar size in India.
misc
- Nitin Castings is not covered by any analysts.
- Nitin Castings has significant price volatility in the past 3 months.
past
- Nitin Castings's 1-year earnings growth exceeds its 5-year average (65.9% vs 23.1%)
- Nitin Castings has delivered over 20% year on year earnings growth in the past 5 years.
- Nitin Castings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
- Nitin Castings's earnings growth has exceeded the IN Metals and Mining industry average in the past year (65.9% vs -4.8%).
- Nitin Castings used its assets less efficiently than the IN Metals and Mining industry average last year based on Return on Assets.
- Nitin Castings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
value
- Nitin Castings is good value based on assets compared to the IN Metals and Mining industry average.
- 508875 matched the Metals and Mining industry (-28.6%) over the past year.
- Nitin Castings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Nitin Castings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
- Nitin Castings is overvalued based on earnings compared to the IN Metals and Mining industry average.
- Nitin Castings is overvalued based on earnings compared to the India market.
- 508875 underperformed the Market in India which returned -14.5% over the past year.
- BSE:508875 is down -14.2% underperforming the Metals and Mining industry which returned 7.5% over the past month.
- BSE:508875 is down -14.2% underperforming the market in India which returned 8% over the past month.