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Nitin CastingsBOM:508875 +4.99%70 ROE % is 11.67% as of Jun. 2026, which is 54% above its 10-year median of 7.60. GuruFocus rates BOM:508875 with a GF Score™ of 70/100 and a GF Value™ of ₹557.15 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 3,014 Industrial Products companies, Nitin Castings ranks better than 61.05% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nitin Castings's annualized net income for the quarter that ended in Jun. 2026 was ₹107 Mil. Nitin Castings's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ₹917 Mil. Therefore, Nitin Castings's annualized ROE % for the quarter that ended in Jun. 2026 was 11.67%.
The historical rank and industry rank for Nitin Castings's ROE % or its related term are showing as below:
BOM:508875'
s ROE % Range Over the Past 10 Years
Min: 1.92 Med: 7.6 Max: 18.43
Current: 8.68
During the past 13 years, Nitin Castings's highest ROE % was 18.43%. The lowest was 1.92%. And the median was 7.60%.
BOM:508875's ROE % is ranked better than 61.05% of 3014
companies
in the Industrial Products industry
Industry Median: 6.25
vs BOM:508875: 8.68
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Nitin Castings ROE % Related Terms
Nitin Castings ROE % Historical Data
* Premium members only.
The historical data trend for Nitin Castings's ROE % 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.
For the Metal Fabrication subindustry, Nitin Castings's ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitin Castings's ROE % distribution charts can be found below:
* The bar in red indicates where Nitin Castings's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Nitin Castings (BOM:508875) has a ROE % of 11.67% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nitin Castings and its competitors. This is 54% above median its historical median of 7.60. Over the past decade, Nitin Castings' ROE % has ranged from 1.92 to 18.43. According to the industry distribution chart, Nitin Castings ranks #1174 out of 3014 companies in the Industrial Products industry, placing it in the top 39%.
Is Nitin Castings' ROE % too high?
Nitin Castings' current ROE % of 11.67% is 54% above median its 10-year median of 7.60. Over the past 10 years, this metric has ranged from a low of 1.92 to a high of 18.43. The Industrial Products industry median ROE % is 6.25. Nitin Castings' value of 11.67% is 86.7% above this industry median. Based on the distribution chart, Nitin Castings ranks #1174 out of 3014 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Nitin Castings has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitin Castings' ROE % compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nitin Castings ranks #1174 out of 3014 companies for ROE %. This puts Nitin Castings in the upper half of its industry. The industry median ROE % is 6.25. Nitin Castings' value of 11.67% is 86.7% above this benchmark. Historically, Nitin Castings' own ROE % has ranged from 1.92 to 18.43 over the past decade. While the company's 10-year median is 7.60 vs. the industry median of 6.25, 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 ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 6.25, based on 3,014 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nitin Castings's current ROE % of 11.67% is 86.7% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Nitin Castings and its competitors. For the Industrial Products industry, the median ROE % is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Castings's current ROE % is 11.67%, which is 54% above median its own 10-year median of 7.60. 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 Significantly Undervalued. The stock's GF Value™ is ₹557.15, compared to a current price of ₹284.25 — trading 49% below its estimated fair value. The current ROE % is 11.67%, which is 54% above median its 10-year median of 7.60 and 86.7% above the Industrial Products industry median of 6.25. Nitin Castings' overall GF Score™ is 70/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Nitin Castings (BOM:508875), the current ROE % is 11.67% as of Jun. 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 ₹284.25 is trading 49% below its estimated GF Value™ of ₹557.15.
GuruFocus considers Nitin Castings to be Significantly Undervalued.
Key valuation signals for BOM:508875:
ROE %: 11.67% (54% above median its 10-year median of 7.60)
GF Value™: ₹557.15 vs. price of ₹284.25 (49% below fair value)
Industry Position: 86.7% above the Industrial Products median (#1174 of 3014)
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.
70GF Score
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