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NITIN CASTINGS
Intrinsic Value | Fundamental Analysis

BOM : 508875     NSE :     
LT :  
    Long Term Analysis
Fundamentals : Average
Valuation : Bad [Stock is Expensive]
Debt : Low
Updated:
ST :  
    Short Term Analysis
Quarterly Earnings Trend : Downward
Price Momentum : Downward
Pledged Shares : NA
Apr 16,2024
Price(EOD): ₹ 641.75
This is the End-of-Day (EOD) Stock Price updated daily by 7 pm IST.
Castings/Forgings
MCap: ₹ 327.29 Cr
Value of ₹ 1 Lac invested in NITIN CASTINGS
on Apr 18,2019 (price: ₹ 74.95)

₹ 1 L

₹ 8.56 L

1W : NA 1M : NA 1Y : NA
COMMUNITY POLL
for NITIN CASTINGS
Please provide your vote to see the results
Industry Peers & Returns1W1M1Y
NITIN CASTINGS NA NA NA
AIA ENGINEERING 4% 1.3% 37.8%
PTC INDUSTRIES -3.1% -10.3% 224.1%
ELECTROSTEEL CASTINGS 16.6% -1.9% 396.7%
KIRLOSKAR FERROUS INDUSTRIES 1.9% -9.5% 21.7%
ALICON CASTALLOY -0.3% -13.8% 15.7%
STEELCAST -1.5% -6.4% 41.2%
NELCAST 0.7% -17.8% 32.4%
UNI ABEX ALLOY PRODUCTS 1.9% -5.2% 235.5%

FUNDAMENTAL ANALYSIS OF NITIN CASTINGS

 
Fundamentals Score
[ Q(TTM): Dec2023, Y: Mar2023
Q : Last Qtr data
Y : Last Audited Annual/Yearly Data
TTM i.e. Trailing Twelve Months is calculated using last 4 quarterly data and is a good substitute to track last 4 Qtr Annual result before the subsequent year data is published and audited.
Learn More
]


VALUATION OF NITIN CASTINGS

 
Valuation Score
[As on : Apr 16,2024 ]

Ratio Standalone
P/E
P/B
P/S
31.4
P/E Calculated based on Trailing Twelve Months (TTM) Earnings of Rs 10.51 Cr
[Latest Qtr - Dec2023 - Standalone Results ]

5.51
P/B Calculated based on Book Value of Rs 59.92 Cr
[Latest Year - Mar2023 - Standalone Results ]

2.37
P/S Calculated based on Trailing Twelve Months (TTM) Revenues of Rs 0.00 Cr
[Latest Qtr - Dec2023 - Standalone Results ]

Financial Ratios →

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FAIR VALUE OF NITIN CASTINGS

 
Model Discount(-)/
Premium(+)
EV/EBIDTA
EV/Sales
Price/Sales
608%
276%
295%

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with our bestselling video course Value Investing - The Ultimate Guide
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SHARE PRICE MOMENTUM OF NITIN CASTINGS



NITIN CASTINGS vs SENSEX


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DEBT OF NITIN CASTINGS

Year Debt/Equity ratio
Standalone Consolidated
2023
2022
2021
Avg_3yrs
0.16
0.07
0.07
0.1
-
-
-
-
[Last Annual Data : Mar2023]
Financial Ratios →

PLEDGED PROMOTER SHARES OF NITIN CASTINGS

Pledged Promoter Shares
NA

If less than 25%

Good
If between 25% and 50% Neutral
If greater than 50% Bad
Shareholding Pattern →

QTRLY RESULTS OF NITIN CASTINGS

Standalone Q-o-Q Y-o-Y
Revenue
Op Profit
Profit Before Tax
Profit After Tax
-15.97%
-20.02%
-5.6%
-5.8%
-3.51%
-6.82%
17.74%
25.02%
QtrlyTrend
-4
Latest Qtr: Dec2023
Quarterly Result Analysis →


NITIN CASTINGS related INDICES

No BSE index found!
No NSE index found

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FAQ about NITIN CASTINGS


Is NITIN CASTINGS good for long term investment?

As on Apr 16,2024, the Fundamentals of NITIN CASTINGS look Average and hence you may wait for the results to improve to invest for long term ! See Financial Performance of NITIN CASTINGS . Please look at the other parameters such as Valuation, Price Momentum, News & Corporate Governance and/or consult an Investment Advisor before taking an investment decision!

Is NITIN CASTINGS UnderValued or OverValued?

As on Apr 16,2024, NITIN CASTINGS is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

What is the Intrinsic Value of NITIN CASTINGS ?

As on Apr 16,2024, the Intrinsic Value of NITIN CASTINGS is Rs. 162.62 estimated based on Median of the 3 historical models.
Fair Value [Median EV / EBIDTA Model] : Rs. 90.65
Fair Value [Median EV / Sales Model] : Rs. 170.73
Fair Value [Median Price / Sales Model] : Rs. 162.62
Estimated Median Fair Value of NITIN CASTINGS : Rs. 162.62

The fair value of any stock is always subjective and should, in no way, be taken as a recommendation to buy/sell the same.

Is NITIN CASTINGS trading at a Premium or Discount?

As on Apr 16,2024, NITIN CASTINGS is trading at a Premium of 295% based on the estimates of Median Intrinsic Value!