Nitin Castings FY26 net profit falls 14.4% to ₹106.29 crore
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?
































