Nitin Castings Limited

BSE: 508875
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 MSME · Medium
Data last updated
Market Cap
₹243 Cr
NITINCAST · BSE
Share Price
₹450.00
-4.60% 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)
29.9x
P/B 2.7x
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. It is a listed company as per MCA records. 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 2026. 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 48 filed against it; 9 cases are pending. The company has 4 deals on record (4 market trades); the latest was in January 2015.

Nitin Castings Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0062092). 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

CIN L65990MH1982PLC028822
Registration Number 028822
Incorporation Date 03 December 1982
ROC Mumbai
Listing Status Listed - Listed on BSE (508875)
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0062092

Name history

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

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
Key People
Nitin Shantikumar Kedia Managing Director Arvind Balkrishna Jalan Director Nirmal Bhagirathprasad Kedia Director

Recognitions & Rankings of Nitin Castings

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-33-0062092

Contact details

Nitin Castings Limited's registered office is in Mumbai, Maharashtra. Its website is nitincastings.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nitincastings.com
  • 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

To see the full contact details of Nitin Castings Limited, buy the company report.

Comprehensive company report
Nitin Castings Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

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

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

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 03 Nov 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

To see the full year-wise statements and ratios of Nitin Castings Limited, buy the company report.

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 Jalan
Also directs: Prestige Stocks and Bonds Limited, Jallan Concrete Private Limited, Gati Com Private Limited and 2 more
Director28 Sep 201511 Years 1 MonthsCurrent
Nitin Shantikumar Kedia
Also directs: Rajshila Realtors LLP, Prescon Anjuna LLP, Rajshila Construction LLP and 5 more
Managing Director10 Nov 200817 Years 11 MonthsCurrent
Nirmal Bhagirathprasad Kedia
Also directs: Rajshila Realtors LLP, Prescon Anjuna LLP, Rajshila Construction LLP and 5 more
Director24 Apr 201016 Years 6 MonthsCurrent
Nipun Nitin Kedia
Also directs: Goldbiz Trading (India) Private Limited
Director01 Jun 201016 Years 5 MonthsCurrent
Jayaprakash Preethi
Also directs: Kedia Construction Company Limited
Director26 Aug 20224 Years 2 MonthsCurrent
Chintan Tarun RambhiaDirector11 Sep 20233 Years 1 MonthsCurrent
View all directors

Auditor

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

Auditor firmFinancial yearFirm registration number
Jhunjhunwala Jain & Associates LLPFY 2024113675W

Shareholding

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

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
DateCharge IDLenderAmountStatusModified or satisfied on
02 Apr 2026101289419Hdfc Bank Limited₹15.85 LakhOpen
23 Feb 2026101270563Hdfc Bank Limited₹30.89 LakhOpen
29 Jan 2026101234344Others₹5 CrOpen
17 May 2025101101884Hdfc Bank Limited₹63.55 LakhOpen
17 May 2025101110906Hdfc Bank Limited₹50.11 LakhOpen

To see the full charge records of Nitin Castings Limited, buy the company report.

Total charge records: 29 View all charges

Deals & funding

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

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

Credit ratings & regulatory alerts

Nitin Castings Limited was last rated by Crisil on 30 Oct 2019.

Rating agencyRated onRating
Crisil30 Oct 2019

To see the full credit ratings and regulatory alerts of Nitin Castings Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nitin Castings Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Nitin Castings Limited has a workforce of 132 employees on its EPFO records as of Mar 26, 2025, across 3 active EPFO establishments.

Employee count
132
Active EPFO establishments
3
Employee growth
0.76%

GST

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

To see the full GST registrations and return filing status of Nitin Castings Limited, buy the company report.

Recent activity

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.
Filing
Nitin Castings Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
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.

62 earlier events are in the company report.

News

Nitin Castings to hold board meeting
02 Feb 2025 · India Infoline

Frequently asked questions

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 latest financial statements of Nitin Castings on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.

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 a listed company as per MCA records. Its shares are listed on BSE (code: 508875).

Nitin Castings has 75 court cases on record: 27 filed by the company and 48 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.