Nitin Castings FY26 net profit falls 14.4% to ₹106.29 crore

1 min read     Updated on 27 May 2026, 01:19 PM
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Nitin Castings Limited reported a 14.4% decline in FY26 net profit to ₹106.29 crore, with revenue dropping to ₹1,470.87 crore. The board approved the audited results and a voluntary delisting proposal.

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Nitin Castings Limited reported a net profit of ₹106.29 crore for the financial year ended March 31, 2026, a decline of 14.4% from ₹124.12 crore in the previous year. Revenue from operations for FY26 stood at ₹1,470.87 crore, compared to ₹1,505.74 crore in FY25. The board approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on May 27, 2026.

For the fourth quarter ended March 31, 2026, the company recorded a net profit of ₹17.52 crore, while revenue from operations was ₹346.30 crore. The statutory auditors, M/s. Jhunjhunwala Jain & Associates LLP, issued an unmodified opinion on the standalone financial results. The company noted a statutory impact of ₹59.32 lakh due to new Labour Codes, classified as an exceptional item.

Financial Performance

The company's total expenditure for FY26 increased to ₹1,368.27 crore from ₹1,377.13 crore in the previous year. Finance costs rose to ₹78.95 lakh from ₹43.09 lakh. Earnings per share (EPS) for the year stood at ₹20.67, down from ₹24.14 in FY25.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Net Sales / Revenue from Operations 14,708.69 15,057.38
Total Income 15,123.50 15,447.84
Total Expenditure 13,682.73 13,771.27
Net Profit 1,062.93 1,241.21
EPS (Basic and Diluted) 20.67 24.14

Segment and Disclosures

Nitin Castings is engaged in the manufacture of Alloy Steel Castings and has no separate reportable segment as per Ind AS 108. The board also approved the voluntary delisting proposal initiated by the promoter group, with applications pending before the stock exchanges. The company continues to comply with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pending completion of the delisting process.

Historical Stock Returns for Nitin Castings

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.30%-6.14%+6.30%-19.93%+591.58%

What is the expected timeline for the completion of the voluntary delisting proposal initiated by the promoter group?

How will the company mitigate the financial impact of the new Labour Codes in the upcoming fiscal year?

What strategic measures are being implemented to reverse the decline in net profit and revenue growth?

Nitin Castings Limited Submits Quarterly Compliance Certificate to BSE for Q4FY26

1 min read     Updated on 17 Apr 2026, 03:50 PM
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Nitin Castings Limited submitted its quarterly compliance certificate to BSE Limited for Q4FY26 pursuant to SEBI Regulation 74(5). The certificate, issued by RTA MUFG Intime India Private Limited on 3rd April, 2026, confirms proper processing of dematerialisation activities during the quarter ended 31st March, 2026. The submission demonstrates the company's adherence to regulatory requirements for securities handling and depository procedures.

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Nitin castings Limited has submitted its quarterly compliance certificate to BSE Limited in accordance with regulatory requirements for the quarter ended 31st March, 2026. The submission was made on 17th April, 2026, by Director Nitin Kedia, fulfilling the company's obligations under SEBI regulations.

Regulatory Compliance Certificate

The certificate was submitted pursuant to Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. This regulation mandates listed companies to provide confirmation certificates regarding dematerialisation processes handled during each quarter.

Parameter: Details
Certificate Date: 3rd April, 2026
Quarter Ended: 31st March, 2026
Submitted To: BSE Limited
Submitted By: Nitin Kedia, Director
Scrip Code: 508875

Registrar and Transfer Agent Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as the company's Registrar and Share Transfer Agent. The RTA issued the confirmation certificate on 3rd April, 2026, certifying compliance with dematerialisation procedures.

The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed. Key confirmations include:

  • All securities received were confirmed (accepted/rejected) to depositories
  • Securities comprised in certificates have been listed on stock exchanges where earlier issued securities are listed
  • Security certificates received for dematerialisation were confirmed/rejected within prescribed timelines
  • Security certificates were mutilated and cancelled after due verification by depository participants
  • Names of depositories were substituted in the register of members as registered owners

Corporate Information

Nitin Castings Limited operates from its corporate office located at Prestige Precinct, 3rd Floor, Almeida Road, Thane (West) - 400 601. The company maintains its listing on BSE Limited under scrip code 508875. MUFG Intime India Private Limited, with registered address at C-101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083, continues to serve as the company's registrar and transfer agent.

The submission demonstrates the company's commitment to maintaining regulatory compliance and ensuring proper documentation of all dematerialisation activities as required under SEBI regulations.

Historical Stock Returns for Nitin Castings

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-5.30%-6.14%+6.30%-19.93%+591.58%

Will Nitin Castings Limited's consistent regulatory compliance improve its ESG ratings and attract institutional investors in the coming quarters?

How might the transition from Link Intime to MUFG Intime India as registrar impact the company's operational efficiency and shareholder services?

Could this compliance track record position Nitin Castings favorably for potential inclusion in SEBI's upcoming regulatory sandbox programs?

More News on Nitin Castings

1 Year Returns:-19.93%