Nitin Castings Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65990MH1982PLC028822 Incorporated 03 December 1982 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 508875 Public Limited Company metals and minerals
Data last updated
Market Cap
₹230 Cr
NITINCAST · BSE
Share Price
₹448.00
0.00% today
Revenue
₹147 Cr
FY 2025-26 · -2.3% YoY
EBITDA
₹12.77 Cr
Margin 8.7%
Net Profit
₹11.10 Cr
FY 2025-26 · +7.4% YoY
P/E (TTM)
27.7x
P/B 2.5x
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.57 Cr
Issued & subscribed

About Nitin Castings Limited

Data last updated:

Nitin Castings Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 03 December 1982 and has been in existence for over 44 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65990MH1982PLC028822. Its GSTIN is 27AACCA2988C2ZQ (Maharashtra). The company holds 5 GST registrations, of which 4 are active. Its shares are listed on BSE: 508875.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.57 Cr. It was formerly known as Aditya Leasing Ltd and Amit Leasing Limited. It is led by directors including Nitin Shantikumar Kedia (Managing Director) and Arvind Balkrishna Jalan.

Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹147.09 Cr, a decline of 2.3% compared to the previous year. For the same year it recorded a net profit of ₹11.1 Cr (net margin 7.5%) and EBITDA of ₹12.77 Cr (EBITDA margin 8.7%).

The company has about 132 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Nitin Castings. As per MCA filings, the company has open charges of ₹40.57 Cr and satisfied charges of ₹79.68 Cr on record. Court records list 75 cases involving the company, including 27 filed by the company and 45 filed against it; 9 cases are pending. The company has 4 deals on record (4 market trades); the latest was in January 2015.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitincastings.com.

Company Details of Nitin Castings Limited
CIN L65990MH1982PLC028822
Registration Number 028822
Incorporation Date 03 December 1982
ROC Mumbai
Listing Status Listed (BSE: 508875)
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    B – 901 81 Crest Fb Nos. 81 B And 81 C, Linking Road Santacruz (West) Cst Nos. G – 318 B And G – 317 Near Hdfc Bank, Mumbai, Maharashtra, India – 400054
  • Industry
    Metals and Minerals, Steel Manufacturing & Processing
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Financials, compliance, directors, charges, ownership and filings for Nitin Castings Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Nitin Castings Limited FY 2025-26 filings available

Nitin Castings Limited reported revenue of ₹147.09 Cr (down 2.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹147 Cr
-2.3% YoY
EBITDA
₹12.77 Cr
-17.0% YoY
Profit After Tax
₹11.10 Cr
+7.4% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14715114913396.5161.9764.08
Revenue growth-2.3%+1.2%+11.5%+38.2%+55.7%-3.3%-
EBITDA12.7715.3813.039.706.625.646.51
EBITDA margin+8.7%+10.2%+8.8%+7.3%+6.9%+9.1%+10.2%
Profit before tax13.8216.7515.458.526.523.911.68
Net profit11.1010.3413.874.905.113.251.32
Net profit margin+7.6%+6.9%+9.3%+3.7%+5.3%+5.2%+2.1%
EPS (₹)20.6724.1423.599.5110.046.342.55
Balance sheet
Total assets-90.0876.6269.7859.0953.9354.40
Net worth-82.5871.7059.9255.2250.2946.93
Total debt-7.504.929.863.863.647.48
Cash & bank-0.270.381.202.090.441.56
Net working capital-13.8016.5023.9117.8312.9921.63
Cash flow
Cash from operations-17.8117.390.901.0615.279.69
Cash from investing-(18.61)(12.69)(7.51)(1.54)(11.59)(5.13)
Cash from financing-0.61(5.53)5.712.13(4.80)(6.83)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue27.4734.6340.2636.4535.7538.5833.8038.32
Revenue growth (YoY)-23.2%-10.2%+19.1%-4.9%-10.3%---
Other income2.60(0.37)1.500.392.630.570.721.89
Total expenses25.8030.8739.1434.0930.2335.1731.2134.32
EBITDA1.673.761.122.365.523.412.594.00
EBITDA margin+6.1%+10.9%+2.8%+6.5%+15.4%+8.8%+7.7%+10.4%
Depreciation0.620.600.590.580.550.520.550.52
Interest0.230.230.260.150.150.120.130.08
Profit before tax3.422.561.772.027.453.342.635.29
Tax0.740.810.090.551.740.880.821.09

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue27.4734.6340.2636.4535.7538.5833.8038.32
Revenue growth (YoY)-23.2%-10.2%+19.1%-4.9%-10.3%---
Other income2.60(0.37)1.500.392.630.570.721.89
Total expenses25.8030.8739.1434.0930.2335.1731.2134.32
EBITDA1.673.761.122.365.523.412.594.00
EBITDA margin+6.1%+10.9%+2.8%+6.5%+15.4%+8.8%+7.7%+10.4%
Depreciation0.620.600.590.580.550.520.550.52
Interest0.230.230.260.150.150.120.130.08
Profit before tax3.422.561.772.027.453.342.635.29
Tax0.740.810.090.551.740.880.821.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14715114913396.5161.9764.08
Revenue growth-2.3%+1.2%+11.5%+38.2%+55.7%-3.3%-
Other income4.153.904.340.802.151.501.16
Total expenses13413513612489.8956.3357.57
Employee cost0.009.287.786.856.412.562.97
EBITDA12.7715.3813.039.706.625.646.51
EBITDA margin+8.7%+10.2%+8.8%+7.3%+6.9%+9.1%+10.2%
Depreciation2.312.071.691.802.002.214.50
Interest0.790.460.230.180.251.021.49
Profit before tax13.8216.7515.458.526.523.911.68
Tax3.184.363.323.621.360.660.36
Net profit11.1010.3413.874.905.113.251.32
Net profit margin+7.6%+6.9%+9.3%+3.7%+5.3%+5.2%+2.1%
EPS (₹)20.6724.1423.599.5110.046.342.55
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital-2.572.572.572.572.572.57
Reserves & surplus-80.0169.1357.3552.6547.7244.36
Shareholders' funds (net worth)-82.5871.7059.9255.2250.2946.93
Secured loans-7.504.929.863.863.645.99
Unsecured loans-0.000.000.000.000.001.49
Total debt-7.504.929.863.863.647.48
Total liabilities-90.0876.6269.7859.0953.9354.40
Assets
Gross block-78.2771.1956.0467.0555.4666.22
Net block-30.1024.9821.8223.2924.3825.95
Capital work in progress-0.000.000.000.000.000.00
Investments-47.3736.2924.8717.3415.844.85
Inventories-31.2628.2726.4119.4813.0518.75
Sundry debtors-14.4514.6712.4012.639.729.26
Cash & bank balances-0.270.381.202.090.441.56
Loans & advances-4.883.974.452.502.454.69
Total current assets-50.8647.2944.4636.7025.6634.26
Total current liabilities-37.0630.7920.5518.8712.6712.63
Net working capital-13.8016.5023.9117.8312.9921.63
Total assets-90.0876.6269.7859.0953.9354.40
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash-0.281.112.090.441.563.84
Net cash from operating activities-17.8117.390.901.0615.279.69
Net cash from investing activities-(18.61)(12.69)(7.51)(1.54)(11.59)(5.13)
Net cash from financing activities-0.61(5.53)5.712.13(4.80)(6.83)
Net change in cash-(0.19)(0.83)(0.90)1.65(1.12)(2.28)
Closing cash-0.270.381.202.090.441.56
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.3%+1.2%+11.5%+38.2%+55.7%-3.3%-
EBITDA growth-17.0%+18.0%+34.3%+46.5%+17.4%-13.4%-
PBT growth-17.5%+8.4%+81.3%+30.7%+66.8%+132.7%-49.4%
Net income growth+7.4%-25.5%+183.1%-4.1%+57.2%+146.2%-
Revenue CAGR (3Y)+3.3%+16.0%+33.9%+27.7%+9.4%+2.5%+1.4%
EBITDA CAGR (3Y)+9.6%+32.4%+32.2%+14.2%-2.4%+4.8%+4.5%
Profitability & leverage
Net income margin+7.2%+8.2%+8.2%+3.7%+5.4%+5.2%+2.1%
Return on capital employed-+17.3%+24.5%+13.5%+12.0%+9.1%+5.6%
Return on net worth-+13.4%+21.1%+8.5%+9.8%+6.7%+2.8%
Debt / equity-0.080.110.120.070.110.22
Long-term debt / equity-0.030.020.010.010.050.13
Interest cover7.553.462.032.285.4129.7474.13
Efficiency & per share
Fixed asset turnover-2.012.342.171.581.020.97
Inventory turnover-5.065.445.815.933.903.70
Debtors turnover-10.3410.9910.668.646.536.05
EPS (₹)20.6724.1423.599.5110.046.342.55
Dividend per share (₹)0.003.003.000.750.500.500.00
Book value per share (₹)0.00160.62139.46116.54107.4197.8191.27
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Auditor Details of Nitin Castings Limited

Nitin Castings Limited is audited by Jhunjhunwala Jain & Associates LLP for the financial year 2024.

NameStatusAppointment DateCessation Date
Jhunjhunwala Jain & Associates LLPLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Nitin Castings Limited

Nitin Castings has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Arvind Balkrishna JalanDirector28 Sep 201511 Years 0 MonthsCurrent
Nitin Shantikumar KediaManaging Director10 Nov 200817 Years 11 MonthsCurrent
Nirmal Bhagirathprasad KediaDirector24 Apr 201016 Years 5 MonthsCurrent
Nipun Nitin KediaDirector01 Jun 201016 Years 4 MonthsCurrent
Jayaprakash PreethiDirector26 Aug 20224 Years 1 MonthsCurrent
Chintan Tarun RambhiaDirector11 Sep 20233 Years 0 MonthsCurrent

Shareholding Pattern of Nitin Castings Limited

Shareholding for the quarter ended Sep 2026: promoters hold 71.40%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 28.60%.

Promoters: 71.40%Retail & Others: 28.60%
Sep 2026
QUARTER
71.40% Promoters
28.60% Retail & Others
Promoter holding - history
Now 71.40% · Sep 2026High 71.40% · Dec 2025Low 71.40% · Dec 2025
70%70.8%71.5%72.3%73%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 71.40%Mar 2026: 71.40%Jun 2026: 71.40%Sep 2026: 71.40%71.40%71.40%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters71.40%71.40%71.40%71.40%
Public28.60%28.60%28.60%28.60%

Charges & Borrowings of Nitin Castings Limited

Open charges
₹40.57 Cr
Satisfied charges
₹79.68 Cr
Breakdown by lending institutions
Others₹21.50 Cr
Axis Bank Limited₹14.00 Cr
Hdfc Bank Limited₹5.07 Cr
Latest charge details
DateLenderAmountStatus
02 Apr 2026Hdfc Bank Limited₹15.85 LakhOpen
23 Feb 2026Hdfc Bank Limited₹30.89 LakhOpen
29 Jan 2026Others₹5 CrOpen
17 May 2025Hdfc Bank Limited₹63.55 LakhOpen
17 May 2025Hdfc Bank Limited₹50.11 LakhOpen

Total charge records: 29 View all charges

Deals & Funding of Nitin Castings Limited

Nitin Castings Limited has 4 deals on record (4 market trades); the latest was in January 2015.

Total deals
4
Market trades
4

Deals on record (4 of 4)

WhenDealAmountParties
Jan 2015Market trade₹8.1 LakhSeller: Hvn Reality And Enterprises India Ltd
Jan 2015Market trade₹9.8 LakhBuyer: Ariel Estate Inv.Pvt Ltd
Seller: Hvn Reality And Enterprises India Ltd
Mar 2011Market trade₹27.7 LakhBuyer: Hvn Reality And Enterprises India Ltd
Seller: 2 individuals
Mar 2011Market trade₹27.8 LakhBuyer: Hvn Reality And Enterprises India Ltd
Seller: an individual
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Full deal history

All 4 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Nitin Castings Limited

Nitin Castings operates one associated brand: Nitin Castings. Each brand links to its own profile.

BrandDescriptionWebsite
Steel products are manufactured by Nitin Castings in Thane, India.nitincastings.com

Employees and EPFO Compliance at Nitin Castings Limited

Nitin Castings Limited has a workforce of 132 employees as of Mar 26, 2025.

Employee count
132
Active EPFO establishments
3
Employee growth
0.76%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Name History of Nitin Castings Limited

Nitin Castings has undergone 3 name changes throughout its history. The company was previously known as Aditya Leasing Ltd, Amit Leasing Limited, and Nitin Alloys Global Limited. The current legal name is Nitin Castings Limited.

Company NameStatus
Nitin Castings LimitedCurrent
Aditya Leasing LtdPrevious
Amit Leasing LimitedPrevious
Nitin Alloys Global LimitedPrevious

CIN History of Nitin Castings Limited

Nitin Castings has one previous CIN (Corporate Identification Number): U65990MH1982PLC028822. The current CIN is L65990MH1982PLC028822, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65990MH1982PLC028822Current
U65990MH1982PLC028822Previous

News related to Nitin Castings Limited

Recent Activity on Nitin Castings Limited

Nitin Castings Limited has 17 board changes on record since 2003: 12 appointments and 5 cessations. The latest: Chintan Tarun Rambhia was appointed as Director on 11 Sep 2023.

Charges
A charge registered on 06 Apr 2023 via Charge ID 100717057 with Hdfc Bank Limited was fully satisfied on 05 Jun 2026.
Charges
A charge registered on 27 Mar 2023 via Charge ID 100763151 with Hdfc Bank Limited was fully satisfied on 05 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 101289419 was registered on 02 Apr 2026.
Charges
A charge with Others of Rs. 5.00 Cr registered on 29 Jan 2026 with Charge ID 101234344 was modified on 24 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101270563 was registered on 23 Feb 2026.
Charges
A charge registered on 24 Apr 2023 via Charge ID 100717067 with Hdfc Bank Limited was fully satisfied on 12 Feb 2026.
Charges
A charge with Axis Bank Limited of Rs. 14.00 Cr registered on 29 Dec 2017 with Charge ID 100149524 was modified on 30 Jan 2026.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101234344 was registered on 29 Jan 2026.
AGM
Nitin Castings Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.64 Cr with Charge ID 101101884 was registered on 17 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.50 Cr with Charge ID 101110906 was registered on 17 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101097041 was registered on 06 May 2025.

62 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Nitin Castings Limited

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MSME Payment Delays by Nitin Castings Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Nitin Castings Limited

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Corporate group structure

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GST Compliance of Nitin Castings Limited

Nitin Castings has 5 GST registrations: 4 active and 1 cancelled or inactive.

Total GSTINs
5
Active
4
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCA2988C2ZQMaharashtraActive01 Jul 2017
27AACCA2988C3ZPMaharashtraActive27 Jun 2019
24AACCA2988C1ZXGujaratActive01 Jul 2017
26AACCA2988C1ZTDadra and Nagar Haveli and Daman and DiuActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Nitin Castings Limited

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MCA filings and documents

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Frequently Asked Questions about Nitin Castings Limited

Nitin Castings is an active public limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 03 December 1982 (44+ years old) and is registered under CIN L65990MH1982PLC028822. Listed on BSE: 508875.

Nitin Castings reported revenue of ₹147.09 Cr for FY 2025-26 (down 2.3% YoY) based on standalone financials.

Nitin Castings has 6 current directors:

The GSTIN of Nitin Castings is 27AACCA2988C2ZQ, registered in Maharashtra. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCA2988C3ZP (Maharashtra), 24AACCA2988C1ZX (Gujarat), 26AACCA2988C1ZT (Dadra and Nagar Haveli and Daman and Diu).

The CIN (Corporate Identification Number) of Nitin Castings is L65990MH1982PLC028822. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Nitin Castings is listed on BSE with code 508875.

Nitin Castings has 75 court cases on record: 27 filed by the company and 45 filed against it. 9 are pending. Most are in the high courts.

Nitin Castings was incorporated on 03 December 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.

Nitin Castings has 4 deals on record (4 market trades); the latest was in January 2015.

Chintan Tarun Rambhia was appointed as Director on 11 Sep 2023. Ishan Kumar Verma was appointed as Company Secretary on 26 Apr 2023. Barkharani Harsh Nevatia ceased to be Director on 05 Apr 2023. Nitin Castings has 17 board changes on record in total.

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