equitymaster.comFalseFalseNITIN CASTINGS |
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Price History |
Price | Rs | 621.1 | | % ch | % | -0.3 |
Mkt Cap | Rs m | 3,193 | | No. of
shares | m | 5.14 |
Vol | '000 | 1.2 | | % ch week | % | 12.0 |
P/E | X | 30.4 | | % ch 1-mth | % | 7.3 |
P/CF | X | 47.7 | | % ch 12-mth | % | 173.1 |
EPS (TTM) | Rs | 20.4 | | 52 week H/L | Rs | 697.8/214.5 |
(As on Mar 28, 2024 (Close)) |
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Financials |
* Results Consolidated | No. of Months
Year Ending | 12
Mar-19* | 12
Mar-20* | 12
Mar-21* | 12
Mar-22* | 12
Mar-23* |
EQUITY SHARE DATA |
High | Rs | 218 | 89 | 78 | 143 | 275 |
Low | Rs | 74 | 62 | 44 | 53 | 117 |
Sales per share (Unadj.) | Rs | 143.5 | 124.7 | 120.6 | 187.8 | 259.5 |
Earnings per share (Unadj.) | Rs | 4.5 | 2.5 | 6.3 | 10.0 | 9.5 |
Diluted earnings per share | Rs | 4.5 | 2.5 | 6.3 | 10.0 | 9.5 |
Cash flow per share (Unadj.) | Rs | 12.9 | 11.3 | 10.6 | 13.9 | 13.0 |
Dividends per share (Unadj.) | Rs | 0.50 | 0 | 0.50 | 0.50 | 0.75 |
Adj. dividends per share | Rs | 0.50 | 0.00 | 0.50 | 0.50 | 0.75 |
Avg Dividend yield | % | 0.3 | 0 | 0.8 | 0.5 | 0.4 |
Book value per share (Unadj.) | Rs | 89.2 | 91.3 | 97.8 | 107.4 | 116.6 |
Adj. book value per share | Rs | 89.2 | 91.3 | 97.8 | 107.4 | 116.5 |
Shares outstanding (eoy) | m | 5.14 | 5.14 | 5.14 | 5.14 | 5.14 |
Bonus / Rights / Conversions | | 0 | 0 | 0 | 0 | 0 |
Price / Sales ratio | x | 1.0 | 0.6 | 0.5 | 0.5 | 0.8 |
Avg P/E ratio | x | 32.1 | 29.6 | 9.6 | 9.7 | 20.6 |
P/CF ratio (eoy) | x | 11.3 | 6.7 | 5.7 | 7.0 | 15.1 |
Price / Book Value ratio | x | 1.6 | 0.8 | 0.6 | 0.9 | 1.7 |
Dividend payout | % | 11.0 | 0 | 7.9 | 5.0 | 7.9 |
Avg Mkt Cap | Rs m | 750 | 388 | 312 | 502 | 1,008 |
No. of employees | `000 | NA | NA | NA | NA | NA |
Total wages/salary | Rs m | 78 | 74 | 63 | 64 | 68 |
Avg. sales/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. wages/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
Avg. net profit/employee | Rs Th | 0 | 0 | 0 | 0 | 0 |
INCOME DATA |
Net Sales | Rs m | 738 | 641 | 620 | 965 | 1,334 |
Other income | Rs m | 18 | 12 | 15 | 22 | 9 |
Total revenues | Rs m | 756 | 652 | 635 | 987 | 1,343 |
Gross profit | Rs m | 71 | 65 | 56 | 66 | 96 |
Depreciation | Rs m | 43 | 45 | 22 | 20 | 18 |
Interest | Rs m | 13 | 15 | 10 | 3 | 2 |
Profit before tax | Rs m | 33 | 17 | 39 | 65 | 85 |
Minority Interest | Rs m | 0 | 0 | 0 | 0 | 0 |
Prior Period Items | Rs m | 0 | 0 | 0 | 0 | 0 |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | 0 | 0 | 0 |
Tax | Rs m | 10 | 4 | 7 | 14 | 36 |
Profit after tax | Rs m | 23 | 13 | 33 | 52 | 49 |
Gross profit margin | % | 9.7 | 10.1 | 9.1 | 6.9 | 7.2 |
Effective tax rate | % | 29.5 | 21.2 | 16.7 | 20.9 | 42.5 |
Net profit margin | % | 3.2 | 2.0 | 5.3 | 5.3 | 3.7 |
BALANCE SHEET DATA |
Current assets | Rs m | 388 | 390 | 412 | 536 | 686 |
Current liabilities | Rs m | 177 | 156 | 160 | 224 | 301 |
Net working cap to sales | % | 28.6 | 36.4 | 40.7 | 32.3 | 28.8 |
Current ratio | x | 2.2 | 2.5 | 2.6 | 2.4 | 2.3 |
Inventory Days | Days | 15 | 40 | 99 | 67 | 70 |
Debtors Days | Days | 589 | 528 | 573 | 478 | 339 |
Net fixed assets | Rs m | 329 | 283 | 256 | 245 | 233 |
Share capital | Rs m | 26 | 26 | 26 | 26 | 26 |
"Free" reserves | Rs m | 433 | 444 | 477 | 527 | 573 |
Net worth | Rs m | 459 | 469 | 503 | 552 | 599 |
Long term debt | Rs m | 76 | 45 | 4 | 3 | 3 |
Total assets | Rs m | 717 | 673 | 669 | 781 | 919 |
Interest coverage | x | 3.5 | 2.1 | 4.8 | 26.8 | 47.3 |
Debt to equity ratio | x | 0.2 | 0.1 | 0 | 0 | 0 |
Sales to assets ratio | x | 1.0 | 1.0 | 0.9 | 1.2 | 1.5 |
Return on assets | % | 5.1 | 4.2 | 6.4 | 6.9 | 5.5 |
Return on equity | % | 5.1 | 2.8 | 6.5 | 9.3 | 8.2 |
Return on capital | % | 8.7 | 6.1 | 9.7 | 12.2 | 14.4 |
Exports to sales | % | 0 | 0 | 0 | 0 | 0 |
Imports to sales | % | 0.6 | 0.2 | 0.4 | 0.2 | 0.9 |
Exports (fob) | Rs m | 0 | 0 | 0 | 0 | 0 |
Imports (cif) | Rs m | 5 | 1 | 2 | 2 | 13 |
Fx inflow | Rs m | 37 | 32 | 36 | 24 | 13 |
Fx outflow | Rs m | 8 | 5 | 2 | 4 | 19 |
Net fx | Rs m | 29 | 27 | 34 | 20 | -6 |
CASH FLOW |
From Operations | Rs m | 99 | 97 | 153 | 11 | 9 |
From Investments | Rs m | -42 | -51 | -116 | -15 | -75 |
From Financial Activity | Rs m | -38 | -68 | -48 | 21 | 57 |
Net Cashflow | Rs m | 19 | -23 | -11 | 17 | -9 |
* Results Consolidated | Source: Company Annual Reports, Regulatory Filings, Equitymaster |
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Share Holding |
Indian Promoters: | 71.4% |
Foreign collaborators: | 0.0% |
Indian inst/Mut Fund: | 0.0% |
FIIs: | 0.0% |
ADR/GDR: | 0.0% |
Free float: | 28.6% |
Shareholders: | 996 |
Pledged promoter(s) holding: | 0.0% |
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Company Information |
REGD OFF: | 202 2nd Floor A- Wing, Rahul Mittal Industrial Premises Co-op Soc. Ltd., Sanjay Building No. 3 Sir M. V. Road Andheri (East), Mumbai - 400059 |
E-MAIL: | finance@nitincastings.com |
WEB: | www.nitincastings.com |
TELEPHONE: | |
FAX: | |
SECTOR: | CASTINGS/FORGINGS |
GROUP: | Private sector |
TR AGENT: | Link Intime India Pvt Ltd., C 101 247 Park, L B S Marg, Vikhroli (West) |
CHM: | Nitin S Kedia |
COMP SEC: | Ishan Verma |
YEAR OF INC: | 1982 |
BSE CODE: | 508875 |
FV (Rs): | 5 |
DIV YIELD (%): | 0.1 |