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Nitin Castings Limited

Nitin Castings Limited was incorporated in 1982 and brings 4 decades of experience to its industry. Its official identification numbers are CIN L65990MH1982PLC028822 and registration 28822. The company operates as company limited by shares. The declared authorized capital is ₹5.00 crore. The paid-up share capital amounts to ₹2.57 crore.

It deals mainly in financial intermediation; except insurance and pension funding processes. It operates under Mumbai’s corporate registry. The company is incorporated with the address 202,2nd Floor,a- Wing, Bldg. No.3, Sir M.v. Road, Rahul Mittal Industrial Estate, Andheri, East, Mumbai City, Mumbai, Maharashtra, India, 400059. It is an active company at present. Nitin Castings Limited holds PAN AACCA2988C. The company has been issued the Legal Entity Identifier code 335800QW353SF62PCF08. Nitin Castings Limited can be contacted at finance@nitincastings.com. Senior management roles are held by Nirmal Bhagirathprasad Kedia (CFO).

Company Overview

CIN
L65990MH1982PLC028822
Date of Incorporation
02/12/1982
Company Status
Active
RoC
Mumbai
Registration Number
028822
Balance sheet date
31/03/2024
Company Category
Company limited by shares
Company Sub Category
Non-government company
Listed in Stock Exchange
Yes
Class of Company
Public Limited Company
LEI Number
335800QW353SF62PCF08
LEI Status
Issued
Authorized Capital
₹5,00,00,000.00
Paid up Capital
₹2,57,06,650.00
Activity
Financial Intermediation; Except Insurance And Pension Funding
E-mail
finance@nitincastings.com
PAN
AACCA2988C

GST Numbers

StateGST NumberStatus
Dadra and Nagar Haveli and Daman and Diu26AACCA2988C1ZTActive
Gujarat24AACCA2988C1ZXActive
Maharashtra27AACCA2988C2ZQActive
27AACCA2988C3ZPActive
27AACCA2988C1ZRInactive

ISIN Numbers

ISINSecurityInterest RateMaturity DateFISNCFI
INE861H01020NITIN CASTINGS LIMITED EQ NEW FV RS. 5/- - 12/10/2026NITIN CASTINGS/SH VTGESVUFN
IN8861H01029NITIN CASTINGS LIMITED EQ NEW FV RS. 5/-LISTING/TRDG APRVL AWAITED - 12/10/2026NITIN CASTINGS/SH VTGESVUFN

Balance Sheet

Metric31/03/202631/03/202531/03/202431/03/202331/03/2022
Net PPE₹3,801.15L₹3,009.58L₹2,498.28L₹2,182.63L₹0.00L
Net Debt₹1,378.65L₹740.63L₹463.68L₹874.78L₹0.00L
Goodwill₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Gross PPE₹7,577.57L₹6,702.74L₹5,995.17L₹5,604.39L₹0.00L
Inventory₹2,655.73L₹3,125.66L₹2,826.66L₹2,640.51L₹0.00L
Total Debt₹1,390.80L₹749.78L₹491.51L₹985.94L₹0.00L
Common Stock₹257.07L₹257.07L₹257.07L₹257.07L₹0.00L
Current Debt₹999.77L₹559.80L₹222.34L₹958.39L₹0.00L
Share Issued₹51.41L₹51.41L₹51.41L₹51.41L₹0.00L
Total Assets₹14,046.58L₹12,924.15L₹10,934.08L₹9,193.37L₹0.00L
Capital Stock₹257.07L₹257.07L₹257.07L₹257.07L₹0.00L
Long Term Debt₹391.03L₹189.98L₹269.17L₹27.55L₹0.00L
Current Assets₹10,013.72L₹9,674.01L₹8,269.87L₹6,862.18L₹0.00L
Prepaid Assets₹325.17L₹438.11L₹361.45L₹432.60L₹0.00L
Working Capital₹5,807.29L₹5,408.80L₹4,968.98L₹3,847.68L₹0.00L
Invested Capital₹10,563.83L₹9,007.74L₹7,661.72L₹6,977.55L₹0.00L
Other Properties₹437.35L₹405.51L₹405.02L₹396.64L₹0.00L
Retained Earnings₹6,471.72L₹5,556.65L₹4,468.90L₹3,290.30L₹0.00L
Common Stock Equity₹9,173.03L₹8,257.96L₹7,170.21L₹5,991.61L₹0.00L
Net Tangible Assets₹9,173.03L₹8,257.96L₹7,170.21L₹5,991.61L₹0.00L
Tangible Book Value₹9,173.03L₹8,257.96L₹7,170.21L₹5,991.61L₹0.00L
Current Liabilities₹4,206.43L₹4,265.21L₹3,300.89L₹3,014.50L₹0.00L
Stockholders Equity₹9,173.03L₹8,257.96L₹7,170.21L₹5,991.61L₹0.00L
Other Equity Interest₹8,915.96L₹8,000.89L₹6,913.14L₹5,734.54L₹0.00L
Total Capitalization₹9,564.06L₹8,447.94L₹7,439.38L₹6,019.16L₹0.00L
Ordinary Shares Number₹51.41L₹51.41L₹51.41L₹51.41L₹0.00L
Other Non Current Assets₹93.05L₹0.01L₹0.01L-₹0.01L₹0.00L
Total Non Current Assets₹4,032.86L₹3,250.14L₹2,664.21L₹2,331.18L₹0.00L
Cash And Cash Equivalents₹12.15L₹9.15L₹27.83L₹111.16L₹0.00L
Construction In Progress₹529.74L₹0.00L₹0.00L₹0.00L₹0.00L
Accumulated Depreciation-₹3,776.42L-₹3,693.16L-₹3,496.87L-₹3,421.78L₹0.00L
Additional Paid In Capital₹2,341.74L₹2,341.74L₹2,341.74L₹2,341.74L₹0.00L
Other Short Term Investments₹4,998.36L₹4,589.24L₹3,540.84L₹2,416.72L₹0.00L
Other Non Current Liabilities₹52.64L₹0.00L₹0.00L-₹0.01L₹0.00L
Machinery Furniture Equipment₹4,203.96L₹3,888.56L₹3,735.37L₹3,352.97L₹0.00L
Goodwill And Other Intangible Assets₹0.00L₹0.00L₹0.00L₹0.00L₹0.00L
Total Equity Gross Minority Interest₹9,173.03L₹8,257.96L₹7,170.21L₹5,991.61L₹0.00L
Total Liabilities Net Minority Interest₹4,873.55L₹4,666.19L₹3,763.87L₹3,201.76L₹0.00L
Current Debt And Capital Lease Obligation₹999.77L₹559.80L₹222.34L₹958.39L₹0.00L
Long Term Debt And Capital Lease Obligation₹391.03L₹189.98L₹269.17L₹27.55L₹0.00L
Cash Cash Equivalents And Short Term Investments₹5,010.51L₹4,598.39L₹3,568.67L₹2,527.88L₹0.00L
Total Non Current Liabilities Net Minority Interest₹667.12L₹400.98L₹462.98L₹187.26L₹0.00L

Cash Flow

Metric31/03/202631/03/202531/03/202431/03/2023
Free Cash Flow-₹138.06L₹943.08L₹1,186.65L₹55.84L
Changes In Cash₹3.02L-₹18.69L-₹83.32L-₹89.59L
End Cash Position₹12.15L₹9.14L₹27.83L₹119.91L
Financing Cash Flow₹407.89L₹60.95L-₹552.88L₹570.98L
Investing Cash Flow-₹1,339.64L-₹1,860.84L-₹1,269.11L-₹750.87L
Operating Cash Flow₹934.77L₹1,781.20L₹1,738.67L₹90.30L
Capital Expenditure-₹1,072.83L-₹838.12L-₹552.02L-₹34.46L
Beginning Cash Position₹9.14L₹27.83L₹111.15L₹209.49L
Other Cash Adjustment Outside Changein Cash-₹0.01L-₹0.01L-₹0.01L₹0.01L

Income Statement

Metric31/03/202631/03/202531/03/202431/03/2023
EBIT₹1,451.53L₹1,713.04L₹1,562.81L₹863.02L
EBITDA₹1,682.17L₹1,920.20L₹1,732.08L₹1,043.44L
Basic EPS₹0.00L₹0.00L₹0.00L₹0.00L
Net Income₹1,062.93L₹1,241.21L₹1,212.85L₹489.18L
Diluted EPS₹0.00L₹0.00L₹0.00L₹0.00L
Gross Profit₹4,488.79L₹4,225.87L₹3,407.33L₹2,955.01L
Pretax Income₹1,381.44L₹1,676.57L₹1,544.86L₹851.31L
Tax Provision₹318.51L₹435.37L₹332.01L₹362.13L
Total Revenue₹14,708.69L₹15,057.38L₹14,874.76L₹13,338.03L
Cost Of Revenue₹10,219.90L₹10,831.51L₹11,467.43L₹10,383.02L
Total Expenses₹13,415.27L₹13,606.98L₹13,548.78L₹12,397.59L
Interest Income₹67.04L₹67.41L₹26.43L₹7.03L
Interest Expense₹70.09L₹36.47L₹17.95L₹11.71L
Operating Income₹1,293.42L₹1,450.40L₹1,325.98L₹940.44L
Tax Rate For Calcs₹0.00L₹0.00L₹0.00L₹0.00L
Normalized EBITDA₹1,533.94L₹1,679.94L₹1,532.96L₹1,114.63L
Normalized Income₹948.88L₹1,063.34L₹1,056.52L₹539.01L
Operating Expense₹3,195.37L₹2,775.47L₹2,081.35L₹2,014.57L
Operating Revenue₹14,708.69L₹15,057.38L₹14,874.76L₹13,338.03L
Net Interest Income-₹15.69L₹21.22L₹3.53L-₹11.41L
Total Unusual Items₹148.23L₹240.26L-₹236.65L-₹71.19L
Basic Average Shares₹51.41L₹51.41L₹51.41L₹51.41L
Diluted Average Shares₹51.41L₹51.41L₹51.41L₹51.41L
Total Other Finance Cost₹12.64L₹9.72L₹4.95L₹6.73L
Other Operating Expenses₹386.11L₹248.76L₹253.64L₹321.31L
Reconciled Depreciation₹230.64L₹207.16L₹169.27L₹180.42L
Reconciled Cost Of Revenue₹10,219.90L₹10,831.51L₹11,467.43L₹10,383.02L
Rent Expense Supplemental₹176.29L₹125.57L₹110.05L₹86.61L
Tax Effect Of Unusual Items₹34.18L₹62.39L₹42.79L-₹21.36L
Interest Income Non Operating₹67.04L₹67.41L₹26.43L₹7.03L
Selling And Marketing Expense₹509.25L₹446.06L₹316.79L₹335.01L
Interest Expense Non Operating₹70.09L₹36.47L₹17.95L₹11.71L
Net Income Common Stockholders₹1,062.93L₹1,241.21L₹1,212.85L₹489.18L
Net Income Continuous Operations₹1,062.93L₹1,241.20L₹1,212.85L₹489.18L
Diluted NIAvailto Com Stockholders₹1,062.93L₹1,241.21L₹1,212.85L₹489.18L
General And Administrative Expense₹556.99L₹608.16L₹275.72L₹255.54L
Selling General And Administration₹1,066.24L₹1,054.22L₹592.51L₹590.55L
Otherunder Preferred Stock Dividend₹0.00L₹0.00L₹0.00L₹0.00L
Total Unusual Items Excluding Goodwill₹148.23L₹240.26L₹199.12L-₹71.19L
Net Non Operating Interest Income Expense-₹15.69L₹21.22L₹3.53L-₹11.41L
Net Income Including Noncontrolling Interests₹1,062.93L₹1,241.20L₹1,212.85L₹489.18L
Net Income From Continuing And Discontinued Operation₹1,062.93L₹1,241.21L₹1,212.85L₹489.18L
Net Income From Continuing Operation Net Minority Interest₹1,062.93L₹1,241.21L₹1,212.85L₹489.18L

Company Performance (FY23–FY26)

₹150.6 Cr₹112.9 Cr₹75.3 Cr₹37.6 Cr₹0
₹133.4 Cr
₹148.7 Cr
₹150.6 Cr
₹147.1 Cr
FY23FY24FY25FY26
Latest
₹147.09 Cr
Growth (YoY)
-2.3%
Average
₹144.95 Cr

Directors

AppointmentDirector nameDINDesignation
10/11/2008Nitin Shantikumar Kedia00050749Managing DirectorView other directorships
24/04/2010Nirmal Bhagirathprasad Kedia00050769DirectorView other directorships
01/06/2010Nipun Nitin Kedia02356010DirectorView other directorships
28/09/2015Arvind Balkrishna Jalan00381535DirectorView other directorships
26/08/2022Jayaprakash Preethi07178887DirectorView other directorships
13/02/2023Nirmal Bhagirathprasad Kedia*****1658ECFO
28/03/2023Ishan Kumar Verma*****5783CCompany Secretary
11/09/2023Chintan Tarun Rambhia10312623DirectorView other directorships

Business Network

CompanyDirectorNot on WeeDooBoard seatKey rolePast seatOwnership

Directors 8

Latest Documents

Category:
DateTitleSize
01/12/2024
Form MGT-7-26112024
-
23/10/2024
Form AOC-4(XBRL)-23102024
-
11/03/2024
Form Addendum to AOC-4 CSR-11032024_signed
-

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Address

202,2nd Floor,a- Wing, Bldg. No.3, Sir M.v. Road, Rahul Mittal Industrial Estate, Andheri, East, Mumbai City, Mumbai, Maharashtra, India, 400059

Frequently Asked Questions

What is the incorporation date of Nitin Castings Limited?
The incorporation date of Nitin Castings Limited is 02/12/1982.
What is the authorized share capital and paid-up capital of Nitin Castings Limited?
The authorized share capital of Nitin Castings Limited is ₹5,00,00,000.00. The paid-up capital is ₹2,57,06,650.00.
Who are the current board members & directors of Nitin Castings Limited?

The current board member of Nitin Castings Limited are:

  • Nipun Nitin Kedia
  • Jayaprakash Preethi
  • Nitin Shantikumar Kedia
  • Nirmal Bhagirathprasad Kedia
  • Arvind Balkrishna Jalan
  • Chintan Tarun Rambhia
What is the registered address of Nitin Castings Limited?
The registered address of Nitin Castings Limited is 202,2nd Floor,a- Wing, Bldg. No.3, Sir M.v. Road, Rahul Mittal Industrial Estate, Andheri, East, Mumbai City, Mumbai, Maharashtra, India, 400059.
What is the Corporate Identification Number of Nitin Castings Limited?
The Corporate Identification Number of Nitin Castings Limited is L65990MH1982PLC028822.