Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Nitin Castings
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 29.90 | 35.77 | 40.12 | 33.71 | 39.15 | 39.87 | 38.32 | 33.80 | 38.58 | 35.75 | 36.45 | 40.26 | 34.63 |
| Expenses + | 28.04 | 32.13 | 36.43 | 30.76 | 34.07 | 35.27 | 34.31 | 31.22 | 35.18 | 30.24 | 34.08 | 38.54 | 30.87 |
| Operating Profit | 1.86 | 3.64 | 3.69 | 2.95 | 5.08 | 4.60 | 4.01 | 2.58 | 3.40 | 5.51 | 2.37 | 1.72 | 3.76 |
| OPM % | 6.22% | 10.18% | 9.20% | 8.75% | 12.98% | 11.54% | 10.46% | 7.63% | 8.81% | 15.41% | 6.50% | 4.27% | 10.86% |
| Other Income + | 0.22 | 1.39 | 0.83 | 1.38 | -1.63 | 1.50 | 1.89 | 0.72 | 0.57 | 2.63 | 0.39 | 0.91 | -0.37 |
| Interest | 0.04 | 0.03 | 0.03 | 0.04 | 0.09 | 0.10 | 0.08 | 0.13 | 0.12 | 0.15 | 0.15 | 0.26 | 0.23 |
| Depreciation | 0.40 | 0.40 | 0.40 | 0.43 | 0.47 | 0.48 | 0.52 | 0.55 | 0.52 | 0.55 | 0.58 | 0.59 | 0.60 |
| Profit before tax | 1.64 | 4.60 | 4.09 | 3.86 | 2.89 | 5.52 | 5.30 | 2.62 | 3.33 | 7.44 | 2.03 | 1.78 | 2.56 |
| Tax % | 57.93% | 21.30% | 22.00% | 22.28% | 19.72% | 28.26% | 20.57% | 31.30% | 26.43% | 23.39% | 27.09% | 5.06% | 31.64% |
| Net Profit + | 0.69 | 3.63 | 3.19 | 3.00 | 2.31 | 3.96 | 4.20 | 1.80 | 2.45 | 5.71 | 1.48 | 1.69 | 1.75 |
| EPS in Rs | 1.34 | 7.06 | 6.20 | 5.84 | 4.49 | 7.70 | 8.17 | 3.50 | 4.77 | 11.11 | 2.88 | 3.29 | 3.40 |
Financials of Nitin Castings
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 42 | 64 | 61 | 58 | 74 | 64 | 62 | 97 | 133 | 149 | 151 | 147 |
| Expenses + | 39 | 60 | 56 | 53 | 66 | 58 | 56 | 90 | 124 | 133 | 135 | 134 |
| Operating Profit | 3 | 5 | 6 | 5 | 7 | 6 | 6 | 7 | 10 | 15 | 15 | 13 |
| OPM % | 7% | 7% | 9% | 8% | 10% | 10% | 9% | 7% | 7% | 10% | 10% | 9% |
| Other Income + | 0 | 0 | 1 | 1 | 2 | 1 | 2 | 2 | 1 | 2 | 4 | 4 |
| Interest | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 |
| Depreciation | 1 | 4 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 2 | 0 | 2 | 1 | 3 | 2 | 4 | 7 | 9 | 15 | 17 | 14 |
| Tax % | 33% | 75% | 32% | 4% | 29% | 22% | 17% | 21% | 42% | 21% | 26% | 23% |
| Net Profit + | 1 | 0 | 1 | 1 | 2 | 1 | 3 | 5 | 5 | 12 | 12 | 11 |
| EPS in Rs | 3.96 | 0.11 | 2.31 | 1.65 | 4.55 | 2.55 | 6.34 | 10.04 | 9.51 | 23.59 | 24.14 | 20.68 |
| Dividend Payout % | 13% | 350% | 22% | 31% | 11% | 0% | 8% | 5% | 8% | 13% | 12% | 0% |
Financials of Nitin Castings
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 21 | 41 | 41 | 42 | 43 | 44 | 48 | 53 | 57 | 69 | 80 | 89 |
| Borrowings + | 5 | 9 | 10 | 14 | 13 | 7 | 4 | 4 | 10 | 5 | 8 | 14 |
| Other Liabilities + | 6 | 10 | 8 | 12 | 13 | 13 | 13 | 19 | 22 | 33 | 39 | 35 |
| Total Liabilities | 34 | 61 | 62 | 70 | 71 | 67 | 67 | 78 | 92 | 109 | 129 | 140 |
| Fixed Assets + | 11 | 21 | 18 | 30 | 30 | 26 | 24 | 23 | 22 | 25 | 30 | 33 |
| CWIP | 0 | 2 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Investments | 4 | 2 | 0 | 0 | 0 | 5 | 16 | 17 | 25 | 36 | 47 | 51 |
| Other Assets + | 19 | 36 | 36 | 40 | 41 | 36 | 27 | 38 | 45 | 48 | 52 | 51 |
| Total Assets | 34 | 61 | 62 | 70 | 71 | 67 | 67 | 78 | 92 | 109 | 129 | 140 |
Financials of Nitin Castings
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 1 | 3 | 6 | 10 | 10 | 15 | 1 | 1 | 17 | 18 | 9 |
| Cash from Investing Activity + | -3 | -1 | -3 | -7 | -4 | -5 | -12 | -2 | -8 | -13 | -19 | -13 |
| Cash from Financing Activity + | 2 | -1 | 1 | 2 | -4 | -7 | -5 | 2 | 6 | -6 | 1 | 4 |
| Net Cash Flow | 0 | -0 | 0 | 1 | 2 | -2 | -1 | 2 | -1 | -1 | -0 | 0 |
| Free Cash Flow | -0 | -1 | -3 | -3 | 6 | 9 | 15 | -0 | 1 | 13 | 11 | -1 |
| CFO/OP | 55% | 34% | 58% | 119% | 150% | 155% | 282% | 36% | 34% | 134% | 142% | 91% |
Financials of Nitin Castings
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 58 | 75 | 66 | 73 | 59 | 53 | 57 | 48 | 34 | 36 | 35 | 49 |
| Inventory Days | 84 | 105 | 128 | 187 | 111 | 158 | 107 | 94 | 93 | 90 | 106 | 95 |
| Days Payable | 36 | 33 | 31 | 67 | 49 | 60 | 64 | 64 | 46 | 58 | 80 | 78 |
| Cash Conversion Cycle | 106 | 147 | 162 | 192 | 121 | 151 | 100 | 78 | 81 | 68 | 60 | 67 |
| Working Capital Days | 53 | 71 | 95 | 110 | 86 | 98 | 55 | 46 | 36 | 34 | 19 | 143 |
| ROCE % | 8% | 2% | 5% | 3% | 8% | 6% | 9% | 12% | 14% | 24% | 17% | 16% |
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