Nitin Castings (BOM:508875) Dividend Payout Ratio : 0.00 (As of Dec. 2024)

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What is Nitin Castings Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nitin Castings's Dividend Payout Ratio for the months ended in Dec. 2024 was 0.00.

The historical rank and industry rank for Nitin Castings's Dividend Payout Ratio or its related term are showing as below:

BOM:508875' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.03 Med: 0.14 Max: 5
Current: 0.14

During the past 13 years, the highest Dividend Payout Ratio of Nitin Castings was 5.00. The lowest was 0.03. And the median was 0.14.

BOM:508875's Dividend Payout Ratio is ranked better than
86.11% of 1749 companies
in the Industrial Products industry
Industry Median: 0.36 vs BOM:508875: 0.14

As of today (2025-04-22), the Dividend Yield % of Nitin Castings is 0.48%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nitin Castings was 1.96%. The lowest was 0.09%. And the median was 0.60%.

Nitin Castings's Dividends per Share for the months ended in Dec. 2024 was ₹0.00.

During the past 12 months, Nitin Castings's average Dividends Per Share Growth Rate was 300.00% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nitin Castings was 10.10% per year. The lowest was 10.10% per year. And the median was 10.10% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Nitin Castings Dividend Payout Ratio Historical Data

The historical data trend for Nitin Castings's Dividend Payout Ratio 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.

* Premium members only.

Nitin Castings Dividend Payout Ratio Chart

Nitin Castings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Dividend Payout Ratio

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0.22

0.06

0.05

0.03

Nitin Castings Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Dividend Payout Ratio	Get a 7-Day Free Trial															-	-	-	0.37	-

Competitive Comparison of Nitin Castings's Dividend Payout Ratio

For the Metal Fabrication subindustry, Nitin Castings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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's Dividend Payout Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nitin Castings's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nitin Castings's Dividend Payout Ratio falls into.

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Nitin Castings Dividend Payout Ratio Calculation

Nitin Castings's Dividend Payout Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Mar. 2024 )	/	EPS without NRI (A: Mar. 2024 )
	=	0.75	/	28.19
	=	0.03

Nitin Castings's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2024 )	/	EPS without NRI (Q: Dec. 2024 )
	=	0	/	3.5
	=	0.00

Nitin Castings (BOM:508875) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nitin Castings Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nitin Castings's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nitin Castings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nitin Castings Ltd (BOM:508875) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Almeida Road, 3rd Floor, Prestige Precinct, Panchpakhadi, Thane (West), Mumbai, MH, IND, 400 601

Website

http://www.nitincastings.com

Nitin Castings Ltd is an Indian based company that operates in an alloy steel castings business. It is involved in the manufacturing of manganese steel, low alloy steel, and chromium steels. The product offered by the group includes Balls for ball valves, Seat rings, Cages, Hydrant valves, Strainer, Grate bars, Chain links, Side plates and locking clits. Geographically, it operates through the region of India and also exports. It derives vast revenue from the sale of products within India.

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