Nitin Castings Limited

Manufacturer of heat, wear, and corrosion resistant steels for various industries including steel and cement.

1982 | Mumbai, Maharashtra (India) | Active
Last Updated:

Nitin Castings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.57 Cr
  • Company Age 42 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 29.49 Cr
  • Satisfied Charges ₹ 78.85 Cr
  • Revenue Growth 14.09%
  • Profit Growth 147.94%
  • Ebitda 59.50%
  • Net Worth 19.67%
  • Total Assets 18.93%

About Nitin Castings

Nitin Castings Limited (NCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 December 1982 and has a history of 42 years and five months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508875.

The Corporate was formerly known as Aditya Leasing Ltd. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 2.57 Cr.

The company currently has active open charges totaling ₹29.49 Cr. The company has closed loans amounting to ₹78.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nitin Castings Limited India are Nirmal Kedia as CFO and Ishan Verma as Company Secretary. Nitin Kedia, Nirmal Kedia, Arvind Jalan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65990MH1982PLC028822

  • Company No.

    028822

  • Stock Symbol

    BSE : 508875

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Dec 1982

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals
Manufacturing

What products or services does Nitin Castings Limited offer?

Nitin Castings Limited offers a wide range of products and services, including Die Casting & Investment Castings, Metal Castings, Mold Castings, Ball Valves, Structural Fabrication, Stall Fabrication Services, Inspection & Quality Check Services, Quality Inspection Service, Aluminum, Brass, Bronze Pipes, Alloy Pipe.

Company report

Nitin Castings Limited

Explore comprehensive data for Nitin Castings Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nitin Castings?

Executive Team (3)

NameDesignationAppointment DateStatus
Nitin Kedia Country flag representing In Managing Director10-Nov-2008Current
Nirmal Kedia Country flag representing In CFO13-Feb-2023Current
Ishan Verma Company Secretary26-Apr-2023Current

Board Members (5)

NameDesignationAppointment DateStatus
Nirmal Kedia Country flag representing In Director and Cfo 24-Apr-2010Current
Arvind Jalan Country flag representing In Director 28-Sep-2015Current
Nipun Kedia Country flag representing In Director 01-Jun-2010Current
Preethi Anand Country flag representing In Director 26-Aug-2022Current
Chintan Rambhia Country flag representing In Director 11-Sep-2023Current

Financial Performance of Nitin Castings.

Nitin Castings Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 14.09% increase. The company also saw a substantial improvement in profitability, with a 147.94% increase in profit. The company's net worth Soared by an impressive increase of 19.67%.

Nitin Castings revenue growth over time
Nitin Castings profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
14.09%
Revenue from Operations
11.52%
Total Assets
18.93%
Profit or Loss
147.94%
Net Worth
19.67%
EBITDA
59.50%

What is the Ownership and Shareholding Structure of Nitin Castings?

In 2024, Nitin Castings had a promoter holding of 71.39% and a public holding of 28.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹29.49 Cr

Satisfied Charges

₹78.85 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.50 Cr
  • Axis Bank Limited : 9.00 Cr
  • Hdfc Bank Limited : 3.99 Cr

Latest Charge Details

DateLenderAmountStatus
15 May 2024Hdfc Bank Limited₹1.80 MOpen
24 Nov 2023Hdfc Bank Limited₹1.06 CrOpen
24 Nov 2023Hdfc Bank Limited₹1.91 CrOpen
24 Apr 2023Hdfc Bank Limited₹3.54 MOpen
06 Apr 2023Hdfc Bank Limited₹3.48 MOpen

How Many Employees Work at Nitin Castings?

Nitin Castings has a workforce of 132 employees as of Mar 26, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Nitin Castings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nitin Castings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nitin Castings's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nitin Castings

Recent activity within the organization

  • Charges

    A charge registered on 22 Oct 2021 via Charge ID 100512157 with Hdfc Bank Limited was fully satisfied on 05 Nov 2024.

  • Annual General Meeting

    Nitin Castings Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 09 Jul 2021 via Charge ID 100487761 with Hdfc Bank Limited was fully satisfied on 07 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100932761 was registered on 15 May 2024.

  • Balance Sheet

    Nitin Castings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 01 Feb 2021 via Charge ID 100417969 with Hdfc Bank Limited was fully satisfied on 06 Jan 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Nitin Castings Limited?

    Nitin Castings Limited was incorporated on 03 Dec 1982.

  • What is authorized share capital and paid-up capital of Nitin Castings Limited?

    The authorized share capital of Nitin Castings Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.57 Cr.

  • Who are the current board members & directors of Nitin Castings Limited?

    Currently 8 directors are associated with Nitin Castings Limited.

    • Nitin Shantikumar Kedia
    • Nirmal Bhagirathprasad Kedia
    • Arvind Balkrishna Jalan
    • Nipun Nitin Kedia
    • Preethi Anand
    • Chintan Tarun Rambhia
    • Nirmal Kedia
    • Ishan Kumar Verma

  • What is the registered address of Nitin Castings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nitin Castings Limited is 202 2Nd Floor A- Wing Bldg. No.3 Sir M.V. Road Rahul Mittal Industrial Estate, Andheri East India, Mumbai, Maharashtra, 400059.

  • What is the corporate identification number (CIN) and company number of Nitin Castings Limited?

    The corporate identification number (CIN) of Nitin Castings Limited is L65990MH1982PLC028822 and the company number is 028822 as per Ministry of Corporate Affairs (MCA).

  • Is Nitin Castings Limited registered with any stock exchange in India?

    Yes, Nitin Castings Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Nitin Castings Limited?

    The Official website of Nitin Castings Limited is https://www.nitincastings.com

  • What has been the recent revenue trend for Nitin Castings Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Nitin Castings Limited has risen by 14.09%.

  • How many employees does Nitin Castings Limited currently have?

    As Per 2024 financial reports, 132 employees are currently employed by Nitin Castings Limited.

  • What change has been observed in the net worth of Nitin Castings Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Nitin Castings Limited has experienced an upsurge of 19.67%.

  • What are the total open charges for Nitin Castings Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Nitin Castings Limited amount to ₹ 29.49 Cr.

  • When was the last Balance Sheet of Nitin Castings Limited filed with the ROC?

    The most recent Balance Sheet for Nitin Castings Limited was filed with the ROC on 31 Mar 2024.

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