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NITIN CASTINGS LTD.

19 August 2026 | 04:01

Industry >> Castings/Foundry

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ISIN No INE861H01020 BSE Code / NSE Code 508875 / NITINCAST Book Value (Rs.) 178.42 Face Value 5.00
Bookclosure 25/08/2025 52Week High 690 EPS 20.67 P/E 14.17
Market Cap. 150.59 Cr. 52Week Low 301 P/BV / Div Yield (%) 1.64 / 0.00 Market Lot 1.00
Security Type Other

History of Company

The company history sections lists out major chronological events that happened to the company.
Nitin Castings Limited was started in 1964, with centralized facilities located in Thane, an eastern suburb 32 kms from the financial capital of India, Mumbai. The Company made rapid strides to achieve full recognition in manufacturing high quality alloy steel castings, comparable with those which were being imported from various developed countries and gained acknowledgement and acceptance for import substitution in several core sector industries of national importance. -1974 was to be another landmark year in the history of Nitin. The company entered into a technical collaboration with M/s Schmidt + Clemens of Germany, and imported advanced technology for the manufacturing of various cast products. The technology absorption & update went on till 1989, when the technical collaboration ended making Nitin Castings a fully independent company to expand its horizons and meet the increasing demand of steel castings in India. -In 1998, Nitin Castings Ltd started a new manufacturing facility in the name of Nitin Alloys Global Limited in Silvassa, The Union Territory of Dadra & Nagar Havel', to cater to the increasing need of steel castings. A large and highly skilled workforce manning its manufacturing and quality control facilities and with a national and global network of service points, Nitin Castings Ltd, is fully geared to meet the entire range of requirements of castings for various industries like Cement, Steel, Power, Oil & Gas and other major Engineering Industries in India and abroad. -During the year 2006-07, the Company further expanded its manufacturing activities to manufacture Manganese Steel, Low Alloy Steel, and High Chromium Steels and so on besides the existing grades of Heat, Corrosion & Wear Resistance Alloys. The manufacturing capacity, after the expansion was about 3000 tons per annum. The expanded facility has a state Of the art brand new Centrifugal, Static Casting, and Shell Molding manufacturing plant with Machining, Fabrication and all kinds of finishing and testing facilities to give fully machined products to its customers in ready to fit condition. 2006 -Company has changed its name from Aditya Leasing Ltd. to Nitin Alloys Global Ltd. 2011 -Nitin Alloys Global Ltd have shifted to new registered office of the Company which is as under A-232,, Building No. 3,Rahul Mittal Industrial Estate Sir M.V. Road Andheri (E) Mumbai - 400 059. 2012 -Nitin Alloys Global Ltd appointed Shri Murlidhar Gupta as Compliance Officer of the company. 2015 -Nitin Alloys Global Ltd., shifted its registered office to 231, 2nd Floor, Rahul Mittal Industrial Premises, Co-op. Soc. Ltd., Sanjay Building No.3, Sir M. V. Road, Andheri (E),Mumbai - 400 059. 2019 -Company has splits its face value from Rs. 10/- to Rs. 5