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Nitin CastingsBOM:508875 +0.37%76 Days Payable is 87.28 as of Mar. 2026, which is 73% above its 10-year median of 50.53. GuruFocus rates BOM:508875 with a GF Score™ of 76/100 and a GF Value™ of ₹593.01 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,991 Industrial Products companies, Nitin Castings ranks better than 55.9% on this metric.
The historical rank and industry rank for Nitin Castings's Days Payable or its related term are showing as below:
BOM:508875'
s Days Payable Range Over the Past 10 Years
Min: 33.29 Med: 50.53 Max: 89.49
Current: 89.49
During the past 13 years, Nitin Castings's highest Days Payable was 89.49. The lowest was 33.29. And the median was 50.53.
BOM:508875's Days Payable is ranked better than 55.9% of 2991
companies
in the Industrial Products industry
Industry Median: 77.97
vs BOM:508875: 89.49
Nitin Castings's Days Payable
increased
from Mar. 2025 (78.55) to Mar. 2026 (87.28).
It may suggest that Nitin Castingsdelayed paying its suppliers.
Nitin Castings Days Payable Related Terms
Nitin Castings Days Payable Historical Data
* Premium members only.
The historical data trend for Nitin Castings's Days Payable can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BOM:508875 vs CRS, ATI, MLI: Days Payable Comparison
For the Metal Fabrication subindustry, Nitin Castings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Nitin Castings Days Payable vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitin Castings's Days Payable distribution charts can be found below:
* The bar in red indicates where Nitin Castings's Days Payable falls into.
Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.
Nitin Castings's Days Payable for the fiscal year that ended in Mar. 2026 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Nitin Castings (BOM:508875) has a Days Payable of 87.28 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nitin Castings and its competitors. This is 73% above median its historical median of 50.53. Over the past decade, Nitin Castings' Days Payable has ranged from 33.29 to 89.49. According to the industry distribution chart, Nitin Castings ranks #1319 out of 2991 companies in the Industrial Products industry, placing it in the top 44.1%.
Is Nitin Castings' Days Payable too high?
Nitin Castings' current Days Payable of 87.28 is 73% above median its 10-year median of 50.53. Over the past 10 years, this metric has ranged from a low of 33.29 to a high of 89.49. The Industrial Products industry median Days Payable is 77.97. Nitin Castings' value of 87.28 is 11.9% above this industry median. Based on the distribution chart, Nitin Castings ranks #1319 out of 2991 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitin Castings has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Castings' Days Payable compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nitin Castings ranks #1319 out of 2991 companies for Days Payable. This puts Nitin Castings in the upper half of its industry. The industry median Days Payable is 77.97. Nitin Castings' value of 87.28 is 11.9% above this benchmark. Historically, Nitin Castings' own Days Payable has ranged from 33.29 to 89.49 over the past decade. While the company's 10-year median is 50.53 vs. the industry median of 77.97, Nitin Castings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for an Industrial Products company?
The median Days Payable among Industrial Products companies is 77.97, based on 2,991 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitin Castings's current Days Payable of 87.28 is 11.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Nitin Castings and its competitors. For the Industrial Products industry, the median Days Payable is 77.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Castings's current Days Payable is 87.28, which is 73% above median its own 10-year median of 50.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Castings stock overvalued right now?
Based on GuruFocus' analysis, Nitin Castings (BOM:508875) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹593.01, compared to a current price of ₹535.95 — trading 9.6% below its estimated fair value. The current Days Payable is 87.28, which is 73% above median its 10-year median of 50.53 and 11.9% above the Industrial Products industry median of 77.97. Nitin Castings' overall GF Score™ is 76/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Nitin Castings (BOM:508875), the current Days Payable is 87.28 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Nitin Castings (BOM:508875) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Castings stock appears to be undervalued.
The current stock price of ₹535.95 is trading 9.6% below its estimated GF Value™ of ₹593.01.
GuruFocus considers Nitin Castings to be Modestly Undervalued.
Key valuation signals for BOM:508875:
Days Payable: 87.28 (73% above median its 10-year median of 50.53)
GF Value™: ₹593.01 vs. price of ₹535.95 (9.6% below fair value)
Industry Position: 11.9% above the Industrial Products median (#1319 of 2991)
No single metric tells the full story. See the BOM:508875 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Castings Ltd is an Indian based company that operates in the alloy steel castings business. It is involved in the manufacturing of manganese steel, low alloy steel, and chromium steel. The product offered by the group includes balls for ball valves, seat rings, cages, hydrant valves, strainers, grate bars, chain links, side plates, and others. The company operates in a single segment, i.e., Manufacturing of Alloy Steel Castings.
76GF Score
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