BSENitin Castings LtdHighNeutral
Announced Wed, 27 May · 12:53 IST

Audited Financial Results as on 31st March, 2026

Revenue DeclinePat NegativeExceptional ItemResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-4.7%1-day move
₹548.00
prior close
₹585.00
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AI summary

Nitin Castings Ltd reported FY26 revenue of Rs 14,708.69 lakhs, a slight decline from Rs 15,057.38 lakhs in FY25. Profit after tax decreased to Rs 1,062.93 lakhs from Rs 1,241.21 lakhs in the prior year, representing a 14.4% decline. The company recorded an exceptional item of Rs 59.32 lakhs due to the statutory impact of new Labour Codes ( gratuity remeasurement). Total comprehensive income for FY26 stood at Rs 1,069.30 lakhs. Basic EPS decreased to Rs 21.23 per share from Rs 24.14 per share. The auditors issued an unmodified opinion, confirming clean financials. Additionally, the company is undergoing a voluntary delisting process, with shareholder approval already obtained.

Likely market impact

The stock shows declining profitability with PAT down 14.4% and revenue marginally down. However, clean audit opinion and positive operating cash flows of Rs 934.77 lakhs provide some comfort. The ongoing delisting process may limit liquidity for shareholders.