Magna Electro Castings Ltd vs Nitin Castings Ltd Stock Comparison

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Last Updated on: Jun 14, 2026

Key Highlights

The Latest Trading Price of Magna Electro Castings Ltd is ₹ 1023 as of 12 Jun 15:30 . The P/E Ratio of Magna Electro Castings Ltd changed from 14 on March 2021 to 16.3 on March 2025 . This represents a CAGR of 3.09% over 5 yearsThe P/E Ratio of Nitin Castings Ltd changed from 9.7 on March 2021 to 27.5 on March 2025 . This represents a CAGR of 23.17% over 5 years The Market Cap of Magna Electro Castings Ltd changed from ₹ 72.64 crore on March 2021 to ₹ 375.9 crore on March 2025 . This represents a CAGR of 38.92% over 5 yearsThe Market Cap of Nitin Castings Ltd changed from ₹ 31.62 crore on March 2021 to ₹ 341.38 crore on March 2025 . This represents a CAGR of 60.94% over 5 years The revenue of Magna Electro Castings Ltd for the Mar '26 is ₹ 48.13 crore as compare to the Dec '25 revenue of ₹ 48.42 crore. This represent the decline of -0.6% The revenue of Nitin Castings Ltd for the Mar '26 is ₹ 34.26 crore as compare to the Dec '25 revenue of ₹ 41.76 crore. This represent the decline of -17.96% The ebitda of Magna Electro Castings Ltd for the Mar '26 is ₹ 7.07 crore as compare to the Dec '25 ebitda of ₹ 7.79 crore. This represent the decline of -9.24% The ebitda of Nitin Castings Ltd for the Mar '26 is ₹ 3.39 crore as compare to the Dec '25 ebitda of ₹ 2.62 crore. This represent the growth of 29.39% The net profit of Magna Electro Castings Ltd changed from ₹ 6.72 crore to ₹ 2.66 crore over 8 quarters. This represents a CAGR of -37.08% The net profit of Nitin Castings Ltd changed from ₹ 3.96 crore to ₹ 1.75 crore over 8 quarters. This represents a CAGR of -33.52% The Dividend Payout of Magna Electro Castings Ltd changed from 12.25 % on March 2021 to 10.98 % on March 2025 . This represents a CAGR of -2.17% over 5 yearsThe Dividend Payout of Nitin Castings Ltd changed from 7.88 % on March 2021 to 12.43 % on March 2025 . This represents a CAGR of 9.54% over 5 years .

About Magna Electro Castings Ltd

Magna Electro Castings Limited was incorporated in 1990.
It was promoted and managed by N. Krishna Samaraj.
The Company is mainly engaged in manufacturing and selling of Cast Iron Components. In 2001 the company has successfully commissioned its state of the art CAD/CAM Centre for producing tooling. The Company had implemented a Energy Conservation Project in 2001-02 at a cost of Rs.110 lakhs and was funded by internal accruals and term loans from Corporation Bank.
In the area of raw material recycling and production automation the company is planning to make investments to the tune of Rs.150 lakhs and will be financed by means of Internal accruals and Term Loans.
This project was put on hold due to decision on implementation of the latest technology and processes. The Company commissioned the Gas project costing Rs 0.

About Nitin Castings Ltd

Nitin Castings Limited, formerly known as 'Aditya Leasing Limited' and incorporated on December 3, 1982 was changed to Nitin Alloys Global Limited on June 6, 2006 and further to 'Nitin Castings Limited' on January 3, 2017.
Nitin Castings, a part of Kedia Group manufactures and sells Alloys Steel Castings.
The Company offers centrifugal castings for applications in various industries, such as fertilizers and petrochemicals, industrial furnaces, steel plants, sponge iron plants, and pig iron plants; and high alloy steel castings for heat and corrosion resistant applications.
The Company has manufacturing unit at Dadra and Nagar Haveli and is having Machining and Fabrication workshop at Valsad, Gujarat. During year 2007-08, the company expanded by increase in production capacity and commenced commercial production.

FAQs for the comparison of Magna Electro Castings Ltd and Nitin Castings Ltd

Which company has a larger market capitalization, Magna Electro Castings Ltd or Nitin Castings Ltd?

Market cap of Magna Electro Castings Ltd is 433 Cr while Market cap of Nitin Castings Ltd is 304 Cr

What are the key factors driving the stock performance of Magna Electro Castings Ltd and Nitin Castings Ltd?

The stock performance of Magna Electro Castings Ltd and Nitin Castings Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Magna Electro Castings Ltd and Nitin Castings Ltd?

As of June 14, 2026, the Magna Electro Castings Ltd stock price is INR ₹1023.8. On the other hand, Nitin Castings Ltd stock price is INR ₹592.45.

How do dividend payouts of Magna Electro Castings Ltd and Nitin Castings Ltd compare?

To compare the dividend payouts of Magna Electro Castings Ltd and Nitin Castings Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.