Financials Nitin Castings Limited

Equities

NITINCAST

INE861H01020

Iron & Steel

Market Closed - Bombay S.E. 06:00:56 2024-06-10 am EDT 5-day change 1st Jan Change
718.8 INR -1.85% Intraday chart for Nitin Castings Limited -6.33% +43.10%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 275.1 390.5 357.3 316.2 652.2 1,262
Enterprise Value (EV) 1 389.2 473 365.2 189.7 497.8 1,107
P/E ratio 32.6 x 16.7 x 26.9 x 9.71 x 12.6 x 25.8 x
Yield 0.93% 0.66% - 0.81% 0.39% 0.31%
Capitalization / Revenue 0.48 x 0.53 x 0.56 x 0.51 x 0.68 x 0.95 x
EV / Revenue 0.68 x 0.64 x 0.57 x 0.31 x 0.52 x 0.83 x
EV / EBITDA 8.07 x 7.13 x 5.55 x 3.37 x 7.3 x 11.4 x
EV / FCF -6.91 x 23.4 x 6.4 x 1.81 x -118 x -123 x
FCF Yield -14.5% 4.27% 15.6% 55.3% -0.85% -0.82%
Price to Book 0.62 x 0.85 x 0.76 x 0.63 x 1.18 x 2.11 x
Nbr of stocks (in thousands) 5,141 5,141 5,141 5,141 5,141 5,141
Reference price 2 53.50 75.95 69.50 61.50 126.8 245.6
Announcement Date 7/11/18 9/6/19 9/7/20 9/2/21 9/7/22 7/25/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 575.2 737.6 640.8 619.7 965.1 1,334
EBITDA 1 48.23 66.38 65.85 56.31 68.18 96.87
EBIT 1 32.1 45.74 43.34 34.19 48.17 78.83
Operating Margin 5.58% 6.2% 6.76% 5.52% 4.99% 5.91%
Earnings before Tax (EBT) 1 8.89 32.08 16.63 39.12 65.24 85.13
Net income 1 8.426 23.37 13.26 32.58 51.6 48.92
Net margin 1.46% 3.17% 2.07% 5.26% 5.35% 3.67%
EPS 2 1.639 4.546 2.579 6.336 10.04 9.515
Free Cash Flow 1 -56.33 20.18 57.07 105 -4.218 -9.032
FCF margin -9.79% 2.74% 8.91% 16.95% -0.44% -0.68%
FCF Conversion (EBITDA) - 30.4% 86.66% 186.49% - -
FCF Conversion (Net income) - 86.34% 430.38% 322.37% - -
Dividend per Share 2 0.5000 0.5000 - 0.5000 0.5000 0.7500
Announcement Date 7/11/18 9/6/19 9/7/20 9/2/21 9/7/22 7/25/23
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 114 82.5 7.89 - - -
Net Cash position 1 - - - 126 154 156
Leverage (Debt/EBITDA) 2.366 x 1.242 x 0.1198 x - - -
Free Cash Flow 1 -56.3 20.2 57.1 105 -4.22 -9.03
ROE (net income / shareholders' equity) 1.92% 5.2% 2.86% 6.7% 9.78% 8.5%
ROA (Net income/ Total Assets) 3.05% 4.04% 3.9% 3.19% 4.15% 5.79%
Assets 1 276.5 578.7 339.7 1,022 1,242 844.2
Book Value Per Share 2 85.80 89.20 91.30 97.80 107.0 117.0
Cash Flow per Share 2 3.840 7.460 3.030 0.8600 4.880 2.160
Capex 1 86 42.1 5.1 6.71 21 3.45
Capex / Sales 14.95% 5.71% 0.8% 1.08% 2.17% 0.26%
Announcement Date 7/11/18 9/6/19 9/7/20 9/2/21 9/7/22 7/25/23
1INR in Million2INR
Estimates
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