Nelcast Ltd
Nelcast Ltd, incorporated in 1982, manufactures Iron Castings. The Co. has manufacturing plants at Gudur and Pedapariya in Andhra Pradesh, and Ponneri in Tamil Nadu. It manufactures grey and ductile castings for the M&HCV and tractor industry segments. It also supplies ribbed plates and brake discs used in metro rail projects and railways.[1][2]
- Market Cap ₹ 1,322 Cr.
- Current Price ₹ 152
- High / Low ₹ 194 / 87.6
- Stock P/E 33.3
- Book Value ₹ 56.1
- Dividend Yield 0.26 %
- ROCE 9.63 %
- ROE 6.60 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 2.71 times its book value
- Company has a low return on equity of 4.08% over last 3 years.
- Earnings include an other income of Rs.29.8 Cr.
* 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
Sector: Castings, Forgings & Fastners Industry: Castings & Forgings
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
653 | 508 | 515 | 545 | 561 | 575 | 745 | 856 | 567 | 615 | 927 | 1,264 | 1,285 | |
572 | 475 | 467 | 500 | 497 | 510 | 673 | 780 | 518 | 569 | 869 | 1,184 | 1,189 | |
Operating Profit | 81 | 33 | 49 | 45 | 64 | 64 | 72 | 76 | 48 | 46 | 59 | 80 | 96 |
OPM % | 12% | 7% | 9% | 8% | 11% | 11% | 10% | 9% | 9% | 8% | 6% | 6% | 7% |
7 | 2 | 2 | 2 | 2 | 5 | 4 | 6 | 14 | 5 | 9 | 16 | 30 | |
Interest | 9 | 3 | 2 | 5 | 7 | 6 | 3 | 7 | 13 | 17 | 26 | 31 | 32 |
Depreciation | 11 | 11 | 13 | 13 | 13 | 13 | 16 | 17 | 19 | 22 | 23 | 24 | 25 |
Profit before tax | 68 | 21 | 36 | 30 | 46 | 49 | 57 | 58 | 31 | 12 | 19 | 40 | 69 |
Tax % | 32% | 33% | 38% | 26% | 31% | 31% | 33% | 33% | -17% | 26% | 25% | 26% | |
46 | 14 | 22 | 22 | 32 | 34 | 38 | 38 | 36 | 9 | 14 | 30 | 54 | |
EPS in Rs | 5.32 | 1.60 | 2.59 | 2.52 | 3.66 | 3.92 | 4.40 | 4.42 | 4.14 | 1.04 | 1.63 | 3.42 | 6.18 |
Dividend Payout % | 34% | 31% | 27% | 28% | 22% | 23% | 23% | 23% | -0% | 19% | 18% | 12% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 31% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | -5% |
3 Years: | -6% |
TTM: | 24% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 15% |
3 Years: | 33% |
1 Year: | 64% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 6% |
3 Years: | 4% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
Reserves | 225 | 234 | 250 | 264 | 288 | 322 | 350 | 378 | 403 | 413 | 424 | 451 | 471 |
85 | 89 | 87 | 98 | 96 | 77 | 98 | 200 | 225 | 215 | 280 | 304 | 292 | |
112 | 99 | 105 | 106 | 113 | 129 | 171 | 184 | 131 | 192 | 239 | 254 | 276 | |
Total Liabilities | 440 | 440 | 459 | 485 | 515 | 545 | 637 | 779 | 776 | 837 | 960 | 1,026 | 1,056 |
190 | 187 | 233 | 232 | 248 | 245 | 238 | 291 | 277 | 428 | 441 | 432 | 426 | |
CWIP | 4 | 44 | 2 | 5 | 0 | 1 | 36 | 91 | 153 | 2 | 1 | 1 | 7 |
Investments | 1 | 21 | 26 | 32 | 37 | 39 | 39 | 39 | 39 | 39 | 39 | 50 | 50 |
245 | 189 | 199 | 217 | 230 | 260 | 324 | 358 | 307 | 369 | 480 | 543 | 574 | |
Total Assets | 440 | 440 | 459 | 485 | 515 | 545 | 637 | 779 | 776 | 837 | 960 | 1,026 | 1,056 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
63 | 60 | 43 | 26 | 45 | 28 | 33 | 75 | 32 | 83 | -13 | 80 | |
-32 | -67 | -21 | -19 | -28 | -10 | -43 | -125 | -63 | -18 | -32 | -23 | |
-20 | -8 | -18 | -7 | -16 | -17 | 18 | 44 | 27 | -51 | 2 | -71 | |
Net Cash Flow | 10 | -14 | 4 | -0 | 1 | 1 | 8 | -7 | -4 | 14 | -42 | -13 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 43 | 45 | 49 | 47 | 43 | 48 | 57 | 52 | 73 | 97 | 95 | 74 |
Inventory Days | 58 | 59 | 60 | 69 | 108 | 141 | 116 | 130 | 195 | 149 | 128 | 91 |
Days Payable | 69 | 75 | 64 | 57 | 71 | 104 | 99 | 97 | 122 | 161 | 145 | 105 |
Cash Conversion Cycle | 31 | 28 | 45 | 59 | 80 | 85 | 75 | 84 | 145 | 85 | 77 | 60 |
Working Capital Days | 52 | 44 | 44 | 50 | 56 | 73 | 64 | 53 | 94 | 86 | 86 | 65 |
ROCE % | 24% | 7% | 11% | 9% | 14% | 14% | 14% | 12% | 7% | 5% | 7% | 10% |
Documents
Announcements
- Board Meeting Intimation for Board Meeting Intimation To Consider And Approve The Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended March 31, 2024 7h
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 11 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 11 Apr
- Compliance Certificate Under Reg 40(10) 8 Apr
- Clarification-Proceedings Of The Forty First Annual General Meeting Of The Shareholders Of The Company Held On August 04, 2023 6 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Financial Year 2010
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Concalls
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Jan 2024TranscriptNotesPPT
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Oct 2023TranscriptNotesPPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Aug 2018TranscriptNotesPPT
Key Products
Commercial Vehicles: Forward Differential Carrier, Rear Differential Carrier, Bogie Suspension Bracket
Passenger Vehicles: Differential Carrier, Differential Case
Tractor: Transmission Housing, Rear Axle Housing, 4WD Axle Housing
Railways: Brake Disc Friction Ring, Metro Rail Baseplates
Off Highway Equipment: Trumpet Axle Housing, Trumpet Axle Housing, Forklift Steer Axle [1]