About Nitin Castings Limited
Data last updated: 14 July 2026
Nitin Castings Limited is a public limited company based in Mumbai, Maharashtra, India. It specialises in steel manufacturing and processing, a part of the broader metals and mining sector. Incorporated on 03 December 1982, the company has been in operation for over 44 years.
Registered with ROC Mumbai under CIN L65990MH1982PLC028822. Listed on BSE: 508875.
Capital: an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.57 Cr. Formerly known as Aditya Leasing Ltd and Amit Leasing Limited. It is led by directors including Arvind Balkrishna Jalan and Nitin Shantikumar Kedia.
Last AGM: 01 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹147.09 Cr, a decline of 2.32% compared to the previous year. The net worth stands at ₹91.73 Cr (up 11.08% YoY). Total assets are valued at ₹140.47 Cr (up 8.68% YoY).
The company has a workforce of approximately 132 employees as per the latest available data.
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.
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.
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Registered AddressB – 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
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IndustryMetals and Minerals, Steel Manufacturing & Processing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
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Name History of Nitin Castings Limited
Nitin Castings Limited 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, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Nitin Castings Limited | Current |
| Aditya Leasing Ltd | Previous |
| Amit Leasing Limited | Previous |
| Nitin Alloys Global Limited | Previous |
CIN History of Nitin Castings Limited
Nitin Castings Limited has one previous CIN (Corporate Identification Number): U65990MH1982PLC028822. The current CIN is L65990MH1982PLC028822, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65990MH1982PLC028822 | Current |
| U65990MH1982PLC028822 | Previous |
Associated Brands with Nitin Castings Limited
Nitin Castings Limited operates one associated brand: Nitin Castings. These brands represent Nitin Castings Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Steel products are manufactured by Nitin Castings in Thane, India. | nitincastings.com |
Business Activity of Nitin Castings Limited
Nitin Castings Limited operates primarily in the manufacturing sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Locked | Manufacturing | Locked | Metal and metal products | Locked |
Detailed business activity records for Nitin Castings Limited
Activity codes and turnover contribution percentages require an active report plan.
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Auditor Details of Nitin Castings Limited
Nitin Castings Limited is audited by M/s. Jhunjhunwala Jain & Associates LLP (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s. Jhunjhunwala Jain & Associates LLP (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Nitin Castings Limited
Nitin Castings Limited is currently managed by 6 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Arvind Balkrishna Jalan
Also directs:
Prestige Stocks And Bonds Limited, Jallan Concrete Private Limited, Gati Com Private Limited and 2 more
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Director | 28 Sep 2015 | 10 Years 10 Months | Current |
| Nitin Shantikumar Kedia | Managing Director | 10 Nov 2008 | 17 Years 9 Months | Current |
| Nirmal Bhagirathprasad Kedia | Director | 24 Apr 2010 | 16 Years 3 Months | Current |
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Nipun Nitin Kedia
Also directs:
Goldbiz Trading (India) Private Limited
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Director | 01 Jun 2010 | 16 Years 2 Months | Current |
|
Jayaprakash Preethi
Also directs:
Kedia Construction Company Limited
|
Director | 26 Aug 2022 | 3 Years 11 Months | Current |
| Chintan Tarun Rambhia | Director | 11 Sep 2023 | 2 Years 11 Months | Current |
Financials of Nitin Castings Limited FY 2026 filings available
Nitin Castings Limited reported revenue of ₹147.09 Cr (down 2.32% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹147.09 Cr | ₹150.57 Cr | ₹148.75 Cr | ₹133.38 Cr | ₹96.51 Cr | ₹61.97 Cr | ₹64.08 Cr | ₹73.76 Cr |
| Other Income | ₹4.15 Cr | ₹3.9 Cr | ₹4.34 Cr | ₹80.23 Lakh | ₹2.15 Cr | ₹1.5 Cr | ₹98.2 Lakh | ₹1.7 Cr |
| Total Income | ₹151.24 Cr | ₹154.48 Cr | ₹153.09 Cr | ₹134.18 Cr | ₹98.66 Cr | ₹63.47 Cr | ₹65.06 Cr | ₹75.46 Cr |
| Cost of Materials Consumed | ₹98.07 Cr | ₹103.51 Cr | ₹120.53 Cr | ₹111.16 Cr | ₹75.72 Cr | ₹39.67 Cr | ₹46.04 Cr | ₹48.16 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹3.94 Cr | ₹4.59 Cr | -₹6.03 Cr | -₹7.48 Cr | -₹25.01 Lakh | ₹4.78 Cr | -₹2.78 Cr | ₹4.08 Cr |
| Employee Benefit Expense | ₹13.51 Cr | ₹11.82 Cr | ₹9.78 Cr | ₹8.84 Cr | ₹7.62 Cr | ₹6.29 Cr | ₹7.38 Cr | ₹6.91 Cr |
| Finance Costs | ₹78.95 Lakh | ₹43.09 Lakh | ₹19.87 Lakh | ₹11.71 Lakh | ₹20.13 Lakh | ₹95.76 Lakh | ₹1.35 Cr | ₹90.8 Lakh |
| Depreciation & Amortisation | ₹2.31 Cr | ₹2.07 Cr | ₹1.69 Cr | ₹1.8 Cr | ₹2 Cr | ₹2.21 Cr | ₹4.5 Cr | ₹4.31 Cr |
| Other Expenses | ₹18.22 Cr | ₹15.29 Cr | ₹9.1 Cr | ₹11.23 Cr | ₹6.85 Cr | ₹5.65 Cr | ₹6.9 Cr | ₹6.96 Cr |
| Total Expenses | ₹136.83 Cr | ₹137.71 Cr | ₹135.28 Cr | ₹125.67 Cr | ₹92.14 Cr | ₹59.55 Cr | ₹63.4 Cr | ₹71.32 Cr |
| Profit Before Exceptional Items & Tax | ₹14.41 Cr | ₹16.77 Cr | ₹17.82 Cr | ₹8.51 Cr | ₹6.52 Cr | ₹3.91 Cr | ₹1.66 Cr | ₹4.14 Cr |
| Exceptional Items | -₹59.32 Lakh | ₹0 | -₹2.37 Cr | ₹0 | ₹0 | ₹0 | ₹0 | -₹93.38 Lakh |
| Profit Before Tax | ₹13.81 Cr | ₹16.77 Cr | ₹15.45 Cr | ₹8.51 Cr | ₹6.52 Cr | ₹3.91 Cr | ₹1.66 Cr | ₹3.21 Cr |
| Total Tax Expense | ₹3.19 Cr | ₹4.35 Cr | ₹3.32 Cr | ₹3.62 Cr | ₹1.36 Cr | ₹65.42 Lakh | ₹33.71 Lakh | ₹87.04 Lakh |
| Net Profit | ₹10.63 Cr | ₹12.41 Cr | ₹12.13 Cr | ₹4.89 Cr | ₹5.16 Cr | ₹3.26 Cr | ₹1.33 Cr | ₹2.34 Cr |
| Other Comprehensive Income | ₹6.37 Lakh | ₹79,000 | ₹4.3 Lakh | ₹5.84 Lakh | ₹3.12 Lakh | ₹8.87 Lakh | ₹6.37 Lakh | -₹28.01 Lakh |
| Total Comprehensive Income | ₹10.69 Cr | ₹12.42 Cr | ₹12.17 Cr | ₹4.95 Cr | ₹5.19 Cr | ₹3.35 Cr | ₹1.39 Cr | ₹2.06 Cr |
| EBITDA (computed) | ₹17.5 Cr | ₹19.27 Cr | ₹19.71 Cr | ₹10.43 Cr | ₹8.73 Cr | ₹7.08 Cr | ₹7.51 Cr | ₹9.36 Cr |
| Basic EPS | ₹21.83 | ₹24.14 | ₹23.59 | ₹9.63 | ₹10.10 | ₹6.51 | ₹2.70 | ₹4.00 |
| Diluted EPS | ₹21.83 | ₹24.14 | ₹23.59 | ₹9.63 | ₹10.10 | ₹6.51 | ₹2.70 | ₹4.00 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹140.47 Cr | ₹129.24 Cr | ₹109.34 Cr | ₹91.93 Cr | ₹78.13 Cr | ₹66.81 Cr | ₹67.29 Cr | ₹71.49 Cr |
| Non-current Assets | ₹40.33 Cr | ₹32.5 Cr | ₹26.64 Cr | ₹23.31 Cr | ₹24.53 Cr | ₹25.65 Cr | ₹28.27 Cr | ₹32.88 Cr |
| Current Assets | ₹100.14 Cr | ₹96.74 Cr | ₹82.7 Cr | ₹68.62 Cr | ₹53.6 Cr | ₹41.16 Cr | ₹39.02 Cr | ₹38.61 Cr |
| Property, Plant & Equipment | ₹32.71 Cr | ₹30.1 Cr | ₹24.98 Cr | ₹21.83 Cr | ₹23.29 Cr | ₹24.37 Cr | ₹25.95 Cr | ₹27.69 Cr |
| Inventories | ₹26.56 Cr | ₹31.26 Cr | ₹28.27 Cr | ₹26.41 Cr | ₹19.48 Cr | ₹13.05 Cr | ₹18.75 Cr | ₹15.89 Cr |
| Trade Receivables | ₹19.88 Cr | ₹14.45 Cr | ₹14.67 Cr | ₹12.4 Cr | ₹12.63 Cr | ₹9.72 Cr | ₹9.26 Cr | ₹11.91 Cr |
| Cash & Equivalents | ₹12.15 Lakh | ₹9.14 Lakh | ₹27.84 Lakh | ₹1.11 Cr | ₹4.49 Lakh | ₹4.54 Lakh | ₹6.79 Lakh | ₹4.17 Lakh |
| Equity (Net Worth) | ₹91.73 Cr | ₹82.58 Cr | ₹71.7 Cr | ₹59.92 Cr | ₹55.22 Cr | ₹50.29 Cr | ₹46.94 Cr | ₹45.86 Cr |
| Equity Share Capital | ₹2.57 Cr | ₹2.57 Cr | ₹2.57 Cr | ₹2.57 Cr | ₹2.57 Cr | ₹2.57 Cr | ₹2.57 Cr | ₹2.57 Cr |
| Borrowings (Non-current) | ₹3.91 Cr | ₹1.9 Cr | ₹2.69 Cr | ₹27.55 Lakh | ₹30.82 Lakh | ₹38.88 Lakh | ₹4.52 Cr | ₹7.6 Cr |
| Borrowings (Current) | ₹10 Cr | ₹5.6 Cr | ₹2.22 Cr | ₹9.27 Cr | ₹3.15 Cr | ₹48.3 Lakh | ₹19.78 Lakh | ₹2.29 Cr |
| Total Debt (computed) | ₹13.91 Cr | ₹7.5 Cr | ₹4.92 Cr | ₹9.54 Cr | ₹3.46 Cr | ₹87.18 Lakh | ₹4.72 Cr | ₹9.89 Cr |
| Current Liabilities | ₹42.06 Cr | ₹42.65 Cr | ₹33.01 Cr | ₹30.14 Cr | ₹22.44 Cr | ₹15.92 Cr | ₹15.64 Cr | ₹17.51 Cr |
| Total Liabilities | ₹48.74 Cr | ₹46.66 Cr | ₹37.64 Cr | ₹32.02 Cr | ₹22.91 Cr | ₹16.52 Cr | ₹20.35 Cr | ₹25.63 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹9.35 Cr | ₹17.81 Cr | ₹17.4 Cr | ₹90.29 Lakh | ₹2.11 Cr |
| Investing Cash Flow | -₹13.4 Cr | -₹18.61 Cr | -₹12.69 Cr | -₹7.51 Cr | -₹2.17 Cr |
| Financing Cash Flow | ₹4.08 Cr | ₹60.95 Lakh | -₹5.53 Cr | ₹5.71 Cr | ₹2.13 Cr |
| Capital Expenditure | ₹10.73 Cr | ₹8.38 Cr | ₹5.52 Cr | ₹34.46 Lakh | ₹2.1 Cr |
| Free Cash Flow (computed) | -₹1.38 Cr | ₹9.43 Cr | ₹11.88 Cr | ₹55.83 Lakh | ₹98,000 |
| Dividends Paid | ₹1.54 Cr | ₹1.54 Cr | ₹38.56 Lakh | ₹25.71 Lakh | ₹25.71 Lakh |
| Net Change in Cash | ₹3.01 Lakh | -₹18.7 Lakh | -₹81.58 Lakh | -₹89.6 Lakh | ₹2.07 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹34.63 Cr | ₹40.26 Cr | ₹36.45 Cr | ₹35.75 Cr | ₹38.58 Cr | ₹33.8 Cr | ₹38.32 Cr | ₹39.87 Cr |
| Other Income | -₹36.99 Lakh | ₹1.5 Cr | ₹39.12 Lakh | ₹2.63 Cr | ₹56.79 Lakh | ₹72.18 Lakh | ₹1.89 Cr | ₹1.5 Cr |
| Total Income | ₹34.26 Cr | ₹41.76 Cr | ₹36.84 Cr | ₹38.37 Cr | ₹39.15 Cr | ₹34.52 Cr | ₹40.22 Cr | ₹41.37 Cr |
| Cost of Materials Consumed | ₹18.48 Cr | ₹25.88 Cr | ₹27.23 Cr | ₹26.48 Cr | ₹26.21 Cr | ₹27.33 Cr | ₹25.46 Cr | ₹24.51 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹4.17 Cr | ₹4.89 Cr | -₹1.34 Cr | -₹3.79 Cr | ₹1.37 Cr | -₹2.45 Cr | ₹2.01 Cr | ₹3.65 Cr |
| Employee Benefit Expense | ₹3.46 Cr | ₹3.35 Cr | ₹3.58 Cr | ₹3.1 Cr | ₹3.08 Cr | ₹2.91 Cr | ₹3.23 Cr | ₹2.6 Cr |
| Finance Costs | ₹23.48 Lakh | ₹25.82 Lakh | ₹14.65 Lakh | ₹14.99 Lakh | ₹12.08 Lakh | ₹13.3 Lakh | ₹8.07 Lakh | ₹9.65 Lakh |
| Depreciation & Amortisation | ₹59.69 Lakh | ₹58.78 Lakh | ₹57.6 Lakh | ₹54.57 Lakh | ₹51.6 Lakh | ₹55.28 Lakh | ₹52.39 Lakh | ₹47.89 Lakh |
| Other Expenses | ₹4.75 Cr | ₹4.42 Cr | ₹4.61 Cr | ₹4.44 Cr | ₹4.51 Cr | ₹3.42 Cr | ₹3.62 Cr | ₹4.51 Cr |
| Total Expenses | ₹31.7 Cr | ₹39.39 Cr | ₹34.81 Cr | ₹30.93 Cr | ₹35.81 Cr | ₹31.9 Cr | ₹34.93 Cr | ₹35.85 Cr |
| Profit Before Exceptional Items & Tax | ₹2.56 Cr | ₹2.37 Cr | ₹2.03 Cr | ₹7.44 Cr | ₹3.34 Cr | ₹2.62 Cr | ₹5.29 Cr | ₹5.52 Cr |
| Exceptional Items | ₹0 | -₹59.32 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹2.56 Cr | ₹1.78 Cr | ₹2.03 Cr | ₹7.44 Cr | ₹3.34 Cr | ₹2.62 Cr | ₹5.29 Cr | ₹5.52 Cr |
| Total Tax Expense | ₹80.66 Lakh | ₹8.81 Lakh | ₹55.3 Lakh | ₹1.74 Cr | ₹88.26 Lakh | ₹82.05 Lakh | ₹1.09 Cr | ₹1.56 Cr |
| Net Profit | ₹1.75 Cr | ₹1.69 Cr | ₹1.48 Cr | ₹5.71 Cr | ₹2.45 Cr | ₹1.8 Cr | ₹4.2 Cr | ₹3.96 Cr |
| Other Comprehensive Income | ₹2,000 | ₹6.35 Lakh | ₹0 | ₹0 | ₹79,000 | ₹0 | ₹0 | ₹0 |
| Total Comprehensive Income | ₹1.75 Cr | ₹1.75 Cr | ₹1.48 Cr | ₹5.71 Cr | ₹2.46 Cr | ₹1.8 Cr | ₹4.2 Cr | ₹3.96 Cr |
| EBITDA (computed) | ₹3.39 Cr | ₹3.22 Cr | ₹2.76 Cr | ₹8.14 Cr | ₹3.97 Cr | ₹3.3 Cr | ₹5.9 Cr | ₹6.1 Cr |
| Basic EPS | ₹3.41 | ₹3.29 | ₹2.88 | ₹11.10 | ₹4.77 | ₹3.50 | ₹8.17 | ₹7.70 |
| Diluted EPS | ₹3.41 | ₹3.29 | ₹2.88 | ₹11.10 | ₹4.77 | ₹3.50 | ₹8.17 | ₹7.70 |
Shareholding Pattern of Nitin Castings Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 71.39%, retail and other public shareholders hold 28.61% of Nitin Castings Limited. The company had 1,602 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% | 71.39% |
| Public | 28.61% | 28.61% | 28.61% | 28.61% | 28.61% | 28.61% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 71.39% | 71.39% | 71.39% |
| Public | 28.61% | 28.61% | 28.61% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Nitin Castings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Apr 2026 | Hdfc Bank Limited | ₹15.85 Lakh | Open |
| 23 Feb 2026 | Hdfc Bank Limited | ₹30.89 Lakh | Open |
| 29 Jan 2026 | Others | ₹5 Cr | Open |
| 17 May 2025 | Hdfc Bank Limited | ₹63.55 Lakh | Open |
| 17 May 2025 | Hdfc Bank Limited | ₹50.11 Lakh | Open |
Total charge records: 29 View all charges
Employees and EPFO Compliance at Nitin Castings Limited
Nitin Castings Limited has a workforce of 132 employees as of Mar 26, 2025.
Employee and EPFO history for Nitin Castings Limited
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GST Compliance of Nitin Castings Limited
GST registrations and filing compliance for Nitin Castings Limited
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Credit Ratings, Litigation & Regulatory Alerts for Nitin Castings Limited
Credit ratings, litigation, and regulatory alerts for Nitin Castings Limited
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MSME Payment Delays by Nitin Castings Limited
MSME payment history for Nitin Castings Limited
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Subsidiaries & Group Companies of Nitin Castings Limited
Corporate group structure for Nitin Castings Limited
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MCA Filings & Documents of Nitin Castings Limited
MCA filings and documents for Nitin Castings Limited
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Recent Activity on Nitin Castings Limited
Frequently Asked Questions about Nitin Castings Limited
Nitin Castings Limited is an active public limited company in the metals and minerals sector based in Mumbai, Maharashtra, India. It was incorporated on 03 December 1982 (44+ years old) and is registered under CIN L65990MH1982PLC028822. Listed on BSE: 508875. The company has 132 employees.
Nitin Castings Limited reported revenue of ₹147.09 Cr for FY 2026 (down 2.32% YoY) based on standalone BSE filings.
The current directors of Nitin Castings Limited are:
- Arvind Balkrishna Jalan - Director
- Nitin Shantikumar Kedia - Managing Director
- Nirmal Bhagirathprasad Kedia - Director
- Nipun Nitin Kedia - Director
- Jayaprakash Preethi - Director
- Chintan Tarun Rambhia - Director
The primary industry of Nitin Castings Limited is metals and minerals. The company specifically operates in steel manufacturing and processing. The company is currently active in this sector.
Yes. Nitin Castings Limited is listed on BSE with code 508875.
Nitin Castings Limited can be reached at the registered office: 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, or through the website nitincastings.com.