Nelcast Ltd

Nelcast is engaged in the business of manufacture of Iron Castings.(Source : 201903 Annual Report Page No:110)

  • Market Cap: 515.05 Cr.
  • Current Price: 59.20
  • 52 weeks High / Low 66.50 / 23.20
  • Book Value: 48.30
  • Stock P/E: 24.98
  • Dividend Yield: 1.69 %
  • ROCE: 6.50 %
  • ROE: 8.83 %
  • Sales Growth (3Yrs): -0.45 %
  • Listed on BSE and NSE
  • Company Website
  • Face Value: 2.00
Edit ratios
Pros:
Cons:
The company has delivered a poor growth of 0.79% over past five years.
Tax rate seems low
Company has a low return on equity of 9.87% for last 3 years.
Company might be capitalizing the interest cost
Earnings include an other income of Rs.10.04 Cr.
** Remarks:
Some businesses are provided tax benefits to encourage their development

Peer comparison Sector: Castings, Forgings & Fastners // Industry: Castings & Forgings

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Quarterly Results Consolidated Figures in Rs. Crores / View Standalone

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
205.37 242.91 233.66 174.33 188.67 128.11 124.50 125.47 65.31
184.16 221.21 215.55 159.48 172.20 118.00 115.69 112.58 70.73
Operating Profit 21.21 21.70 18.11 14.85 16.47 10.11 8.81 12.89 -5.42
OPM % 10.33% 8.93% 7.75% 8.52% 8.73% 7.89% 7.08% 10.27% -8.30%
Other Income 1.11 1.80 1.96 1.07 1.23 1.59 2.13 5.63 0.69
Interest 0.84 1.68 1.57 2.54 2.65 2.25 2.35 2.26 1.75
Depreciation 4.01 4.16 4.74 4.56 4.59 4.66 4.67 4.62 4.62
Profit before tax 17.47 17.66 13.76 8.82 10.46 4.79 3.92 11.64 -11.10
Tax % 34.63% 34.60% 33.36% 28.57% 33.27% 27.97% 31.12% -96.65% 24.32%
Net Profit 11.42 11.55 9.18 6.30 6.99 3.43 2.70 22.89 -8.40
EPS in Rs 1.31 1.33 1.05 0.72 0.80 0.39 0.31 2.63 -0.97
Notes Notes Notes Notes Notes Notes Notes Notes Notes

Profit & Loss Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
356 290 320 507 508 515 545 561 575 745 856 567 443
310 270 297 477 475 467 500 497 510 673 780 518 417
Operating Profit 46 20 22 31 33 49 45 64 64 72 76 48 26
OPM % 13% 7% 7% 6% 6% 9% 8% 11% 11% 10% 9% 9% 6%
Other Income 3 4 2 115 2 2 2 2 5 4 6 11 10
Interest 5 12 7 8 3 2 5 7 6 3 7 10 9
Depreciation 6 7 7 9 11 13 13 13 13 16 17 19 19
Profit before tax 39 6 10 129 21 36 30 46 49 57 58 31 9
Tax % 34% 35% 31% 33% 33% 38% 26% 31% 31% 33% 33% -17%
Net Profit 26 4 7 87 14 22 22 32 34 38 38 36 21
EPS in Rs 2.89 0.40 0.74 9.49 1.52 2.47 2.38 3.50 3.92 4.40 4.42 4.14 2.36
Dividend Payout % 20% 47% 38% 30% 31% 27% 28% 22% 23% 23% 23% 0%
* Sales is net of excise duty and discounts
Compounded Sales Growth
10 Years:5.90%
5 Years:0.79%
3 Years:-0.45%
TTM:-47.19%
Compounded Profit Growth
10 Years:17.96%
5 Years:10.41%
3 Years:1.81%
TTM:-39.39%
Stock Price CAGR
10 Years:13.92%
5 Years:2.59%
3 Years:-5.02%
1 Year:29.97%
Return on Equity
10 Years:%
5 Years:10.17%
3 Years:9.87%
Last Year:8.83%

Balance Sheet Consolidated Figures in Rs. Crores / View Standalone

Corp Actions
Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
17 17 17 17 17 17 17 17 17 17 17 17
Reserves 135 137 141 197 234 250 264 288 322 350 378 403
Borrowings 74 173 173 92 89 89 98 96 77 98 200 225
61 45 72 83 100 104 108 115 130 174 187 137
Total Liabilities 288 372 403 390 441 460 487 517 546 639 782 782
106 107 129 171 198 250 254 275 271 264 318 304
CWIP 12 99 100 1 48 6 12 10 12 48 103 166
Investments 0 0 0 0 0 0 0 0 0 1 0 0
171 167 175 218 195 204 221 232 262 326 360 312
Total Assets 288 372 403 390 441 460 487 517 546 639 782 782

Cash Flows Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-24 1 38 40 42 90 26 47 28 33 75 32
-47 -94 -30 125 -49 -22 -22 -30 -10 -44 -125 -66
83 82 -7 -113 -8 -18 -6 -16 -17 19 44 30
Net Cash Flow 11 -11 0 52 -16 50 -1 0 1 8 -7 -4

Ratios Consolidated Figures in Rs. Crores / View Standalone

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 26% 6% 5% 8% 11% 9% 14% 14% 14% 12% 6%
Debtor Days 78 69 65 63 45 49 47 43 48 57 52 73
Inventory Turnover 3.76 2.19 2.11 4.55 7.95 7.40 5.31 4.02 4.44 4.04 2.32

Shareholding pattern in percentages

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
74.53 74.53 74.59 74.72 74.72 74.72 74.72 74.72 74.72 74.72 74.83 74.83
0.15 0.15 0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.02 0.06 0.61 0.02 0.05 0.03 0.05 0.09 0.04 0.08 0.05 0.08
0.00 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
25.30 25.25 24.64 25.26 25.23 25.25 25.23 25.19 25.23 25.19 25.12 25.08