Audited Financial Results as on 31st March, 2026
RESULTS
◆ Monitor Closely
MEDIUM RISK
📅 Filed on BSE: 27 May 2026, 12:53 PM IST · BSE ID: 70632115-23da-4b62-bb17-1a65cca6a85c
View Original BSE Filing (PDF)
💡
In Simple Terms
Nitin Castings released its annual financial results, showing its total sales and profit for the past year.
🤖 AI Summary
- Nitin Castings Ltd approved Audited Financial Results for the year ended March 31, 2026.
- Net Sales / Revenue from Operations for FY26 stood at Rs. 14,708.69 Lakhs.
- Profit after Tax for the financial year ended March 31, 2026 was Rs. 1,062.93 Lakhs.
- The statutory auditors provided an unmodified opinion on the financial results for FY26.
- Promoter group has initiated voluntary delisting process, pending stock exchange approval.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Sales / Revenue from Operations (FY26)
14,708.69 Rs. in Lakhs
Not comparable — limited prior period data.
Net Sales / Revenue from Operations (FY25)
15,057.38 Rs. in Lakhs
Profit after Tax (FY26)
1,062.93 Rs. in Lakhs
Not comparable — limited prior period data.
Profit after Tax (FY25)
1,241.21 Rs. in Lakhs
Total Assets (as on 31-Mar-2026)
14,046.58 Rs. in Lakhs
Not comparable — limited prior period data.
Total Assets (as on 31-Mar-2025)
12,924.75 Rs. in Lakhs
Basic and diluted EPS after exceptional items (FY26)
20.67 Rs. per share
Not comparable — limited prior period data.
Basic and diluted EPS after exceptional items (FY25)
24.14 Rs. per share
🏢 How This Affects the Company
The company’s Net Sales for FY26 decreased slightly compared to the prior year, indicating a modest reduction in operational revenue. Continued operations in manufacturing alloy steel castings are noted.
Net Profit after Tax for FY26 was Rs. 1,062.93 Lakhs, lower than the previous year's Rs. 1,241.21 Lakhs. Total Assets increased to Rs. 14,046.58 Lakhs from Rs. 12,924.75 Lakhs.
No specific operational changes are indicated by the financial results, other than the continued manufacture of alloy steel castings. Statutory impact of new Labour Codes resulted in an exceptional item of Rs. 59.32 Lakhs.
The ongoing voluntary delisting process introduces regulatory and operational uncertainty, as approval from stock exchanges is pending. This process could alter the company's public market status.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing. Shareholders who wish to participate in the delisting process should await further specific announcements.
👤
Who Is Affected
All shareholders are affected by the company's financial performance. Shareholders who own shares listed on BSE are specifically affected by the ongoing voluntary delisting process, which has received shareholder approval.
🔍
Management Signal
The management's decision to approve the audited financial results and proceed with the voluntary delisting application signals their commitment to both financial reporting and the strategic intent to delist the company's equity shares.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Update on voluntary delisting application status with stock exchange(s).
Any further announcements regarding the delisting process details and timeline.
Review of next quarterly financial results for operational performance trends.
MEDIUM RISK
The delisting process introduces regulatory uncertainty, and the company's financial performance showed a slight decline in both revenue and profit.
💡 Investor Takeaway
Nitin Castings Ltd reported FY26 Net Sales of Rs. 14,708.69 Lakhs, a decline from Rs. 15,057.38 Lakhs in FY25. Net Profit after Tax for FY26 was Rs. 1,062.93 Lakhs, compared to Rs. 1,241.21 Lakhs in FY25. The company's voluntary delisting proposal is currently pending regulatory approval.
⚖️ Strengths & Concerns
✅ Positives
- Total Assets increased to Rs. 14,046.58 Lakhs as of March 31, 2026, from Rs. 12,924.75 Lakhs in the prior year.
- Auditors' Report on the financial results for the year ended March 31, 2026, has an unmodified opinion, indicating financial transparency.
⚠️ Concerns
- Net Sales for FY26 were Rs. 14,708.69 Lakhs, a decrease from Rs. 15,057.38 Lakhs in FY25.
- Profit after Tax for FY26 was Rs. 1,062.93 Lakhs, lower than Rs. 1,241.21 Lakhs reported in FY25.
📅 Company Track Record
No previous filings found for Nitin Castings Ltd. This filing serves as the first available public record on ForgeUp for the company's financial performance and delisting intentions. The company was incorporated in 1982.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What were Nitin Castings Ltd's Net Sales for the financial year ended March 31, 2026?
Nitin Castings Ltd reported Net Sales / Revenue from Operations of Rs. 14,708.69 Lakhs for the financial year ended March 31, 2026.
What was Nitin Castings Ltd's Profit after Tax for FY26?
The Profit after Tax for Nitin Castings Ltd for the financial year ended March 31, 2026, was Rs. 1,062.93 Lakhs.
Has Nitin Castings Ltd received an unmodified audit opinion for FY26?
Yes, the statutory Auditors of Nitin Castings Ltd, M/s. Jhunjhunwala Jain & Associates LLP, have submitted an Auditor's Report with an unmodified opinion on the Standalone financial results for the financial year ended March 31, 2026.
What is the status of Nitin Castings Ltd's voluntary delisting proposal?
The promoter / promoter group entities have made an initial public announcement for voluntary delisting, which the Board and shareholders have approved. The requisite application(s) with the stock exchange(s) for in-principle approval are currently pending consideration.
What was the Basic and Diluted EPS for Nitin Castings Ltd for FY26?
The Basic and Diluted EPS after exceptional items for Nitin Castings Ltd for the financial year ended March 31, 2026, was Rs. 20.67 per share.
Questions based on this BSE filing only. For information purposes.