Nelcast Ltd

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Nelcast Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents
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Nelcast Ltd

₹ 136 4.42%
16 Oct - close price
nelcast.com BSE: 532864 NSE: NELCAST
About

Incorporated in 1982, Nelcast Ltd
is in the business of manufacturing
Iron Castings[1]

Key Points

Business Overview:[1]
Nelcast is the largest Jobbing Foundry in India for manufacturing Ductile & Grey Iron Castings. It manufactures several complex castings, including axle housings, clutch housings, and
bogie suspension brackets

Website BSE NSE
  • Market Cap ₹ 1,183 Cr.
  • Current Price ₹ 136
  • High / Low ₹ 173 / 86.0
  • Stock P/E 28.8
  • Book Value ₹ 68.6
  • Dividend Yield 0.52 %
  • ROCE 11.5 %
  • ROE 8.43 %
  • Face Value ₹ 2.00
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Pros

Cons

  • Company has a low return on equity of 7.66% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Industrials Capital Goods Industrial Products Castings & Forgings

Part of BSE Industrials

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
292.77 358.34 320.36 295.47 300.10 330.42 291.41 329.75 331.86 298.74 329.62 368.18 341.05
273.43 326.56 294.76 279.92 279.90 309.05 274.15 300.07 303.63 281.65 296.33 336.29 325.29
Operating Profit 19.34 31.78 25.60 15.55 20.20 21.37 17.26 29.68 28.23 17.09 33.29 31.89 15.76
OPM % 6.61% 8.87% 7.99% 5.26% 6.73% 6.47% 5.92% 9.00% 8.51% 5.72% 10.10% 8.66% 4.62%
3.62 4.29 19.92 4.25 4.28 6.32 5.66 4.61 4.14 4.27 2.57 2.99 4.34
Interest 7.87 7.89 7.94 7.89 8.38 8.69 8.76 9.47 9.32 8.43 7.91 6.87 6.57
Depreciation 5.88 5.86 6.40 6.00 5.91 6.10 6.14 6.63 6.45 6.57 6.60 7.38 6.84
Profit before tax 9.21 22.32 31.18 5.91 10.19 12.90 8.02 18.19 16.60 6.36 21.35 20.63 6.69
Tax % 22.04% 25.45% 18.09% 14.38% 21.88% 23.95% 25.44% 25.56% 24.64% 25.16% 25.53% 25.98% 23.17%
7.18 16.64 25.53 5.07 7.96 9.82 5.98 13.54 12.50 4.76 15.90 15.27 5.14
EPS in Rs 0.83 1.91 2.93 0.58 0.91 1.13 0.69 1.56 1.44 0.55 1.83 1.76 0.59
Raw PDF
Upcoming result date: 2 November 2026

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
545 561 575 745 856 567 615 927 1,264 1,267 1,252 1,328 1,338
500 497 510 673 780 518 569 869 1,184 1,175 1,163 1,218 1,240
Operating Profit 45 64 64 72 76 48 46 59 80 92 89 111 98
OPM % 8% 11% 11% 10% 9% 9% 8% 6% 6% 7% 7% 8% 7%
2 2 5 4 6 14 5 9 16 32 20 14 14
Interest 5 7 6 3 7 13 17 26 31 32 35 33 30
Depreciation 13 13 13 16 17 19 22 23 24 24 25 27 27
Profit before tax 30 46 49 57 58 31 12 19 40 69 49 65 55
Tax % 26% 31% 31% 33% 33% -17% 26% 25% 26% 21% 24% 25%
22 32 34 38 38 36 9 14 30 54 37 48 41
EPS in Rs 2.52 3.66 3.92 4.40 4.42 4.14 1.04 1.63 3.42 6.25 4.29 5.57 4.73
Dividend Payout % 28% 22% 23% 23% 23% 0% 19% 18% 12% 6% 12% 13%
Compounded Sales Growth
10 Years: 9%
5 Years: 17%
3 Years: 2%
TTM: 4%
Compounded Profit Growth
10 Years: 4%
5 Years: 40%
3 Years: 17%
TTM: 1%
Stock Price CAGR
10 Years: 8%
5 Years: 9%
3 Years: -5%
1 Year: 9%
Return on Equity
10 Years: 7%
5 Years: 7%
3 Years: 8%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 17 17 17 17 17 17 17 17 17 17 17 17
Reserves 264 288 322 350 378 403 413 424 451 502 535 579
98 96 77 98 200 225 215 280 304 329 294 257
106 113 129 171 184 131 192 239 254 281 314 342
Total Liabilities 485 515 545 637 779 776 837 960 1,026 1,129 1,162 1,196
232 248 245 238 291 277 428 441 432 419 473 463
CWIP 5 0 1 36 91 153 2 1 1 44 2 0
Investments 32 37 39 39 39 39 39 39 50 51 62 62
217 230 260 324 358 307 369 480 543 614 625 670
Total Assets 485 515 545 637 779 776 837 960 1,026 1,129 1,162 1,196

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
26 45 28 33 75 32 83 -13 80 20 105 92
-19 -28 -10 -43 -125 -63 -18 -32 -23 -31 -38 -11
-7 -16 -17 18 44 27 -51 2 -71 -39 -61 -76
Net Cash Flow -0 1 1 8 -7 -4 14 -42 -13 -49 6 4
Free Cash Flow 12 21 17 -10 -52 -35 62 -48 64 -15 72 76
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 68% 87% 64% 71% 116% 82% 178% -21% 108% 39% 124% 95%

Ratios

Standalone / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 47 43 48 57 52 73 97 95 74 87 99 98
Inventory Days 69 108 141 116 130 195 149 128 91 124 120 120
Days Payable 57 71 104 99 97 122 161 145 105 142 165 167
Cash Conversion Cycle 59 80 85 75 84 145 85 77 60 69 54 51
Working Capital Days 11 8 26 31 20 48 22 30 7 16 16 20
ROCE % 9% 14% 14% 14% 12% 7% 5% 7% 10% 10% 10% 11%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Production Volume
MT (Metric Tonnes)

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Export Revenue
INR Crores
EBITDA per kg
INR per kg
Export Revenue Share
% of total revenue
M&HCV Revenue Share
% of total revenue
Sales Volume (Tonnage)
MT (Metric Tonnes)
Tractor Revenue Share
% of total revenue
Capacity Utilization
% of installed capacity
Installed Capacity
MT per year
R&D Expenditure (Percentage of Turnover)
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87% 74.87%
0.88% 0.90% 0.82% 0.03% 0.00% 0.06% 0.00% 0.79% 0.45% 0.36% 0.39% 0.02%
0.48% 0.48% 0.48% 0.00% 0.00% 0.00% 0.00% 0.01% 0.11% 0.11% 0.12% 0.12%
23.78% 23.75% 23.83% 25.10% 25.14% 25.06% 25.13% 24.32% 24.56% 24.65% 24.62% 24.99%
No. of Shareholders 28,56630,27830,01630,41030,11129,58329,02828,98828,91328,51628,23327,959

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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