Sharescart Research Club logo

Nelcast Overview

Nelcast Ltd is engaged in the commercial enterprise of manufacture and sale of iron castings. The Company is a provider of ductile iron castings and grey iron castings. It gives merchandise in diverse classes, which encompass autombiles, which include wheel hubs, brake drums, slide support, shackles and brackets; trailers, which include foot mounting and torque rod; engines, inclusive of cylinder blocks, heads, fly wheels, crank shaft, bearing cap and exhaust manifolds; tractors, inclusive of transmission case, centre housing and hydraulic elev...Read More

Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

Nelcast Key Financials

Market Cap ₹1230 Cr.

Stock P/E 33

P/B 2.1

Current Price ₹141.3

Book Value ₹ 66.8

Face Value 2

52W High ₹180.7

Dividend Yield 0.35%

52W Low ₹ 80.6

Nelcast Share Price

₹ | |

Volume
Price

Nelcast Quarterly Price

Show Value Show %

Nelcast Peer Comparison

Nelcast Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 358 320 295 300 330 291 330 332 299 330
Other Income 4 3 4 2 5 6 5 4 4 3
Total Income 363 323 299 302 335 297 334 336 303 332
Total Expenditure 327 295 280 280 309 274 300 304 282 296
Operating Profit 36 28 19 22 26 23 34 32 21 36
Interest 8 8 8 8 9 9 9 9 8 8
Depreciation 6 6 6 6 6 6 7 6 7 7
Exceptional Income / Expenses 0 17 1 2 2 0 0 0 0 0
Profit Before Tax 22 31 6 10 13 8 18 17 6 21
Provision for Tax 6 6 1 2 3 2 5 4 2 5
Profit After Tax 17 26 5 8 10 6 14 13 5 16
Adjustments -0 -0 -0 0 0 0 0 -0 -0 -0
Profit After Adjustments 17 26 5 8 10 6 14 13 5 16
Adjusted Earnings Per Share 1.9 2.9 0.6 0.9 1.1 0.7 1.6 1.4 0.5 1.8

Nelcast Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 545 561 575 745 856 567 615 927 1264 1267 1252 1291
Other Income 7 5 7 7 9 14 5 9 16 14 17 16
Total Income 552 565 582 751 865 580 620 937 1280 1281 1269 1305
Total Expenditure 500 497 511 674 781 518 569 869 1185 1175 1163 1182
Operating Profit 52 69 71 78 84 62 51 67 96 107 106 123
Interest 10 9 9 6 9 13 17 26 31 32 35 34
Depreciation 13 13 13 16 17 19 22 23 24 24 25 27
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 18 4 0
Profit Before Tax 30 46 49 56 57 31 12 19 40 69 49 62
Provision for Tax 8 14 15 19 19 -5 3 5 11 14 12 16
Profit After Tax 22 32 34 38 38 36 9 14 30 54 37 48
Adjustments 0 0 0 0 0 -0 1 -1 -0 -0 -0 0
Profit After Adjustments 22 32 34 38 38 36 10 13 29 54 37 48
Adjusted Earnings Per Share 2.5 3.7 3.9 4.3 4.4 4.1 1 1.5 3.4 6.2 4.3 5.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% 11% 17% 9%
Operating Profit CAGR -1% 17% 11% 7%
PAT CAGR -31% 38% 1% 5%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 55% 15% 18% 9%
ROE Average 7% 8% 6% 8%
ROCE Average 10% 11% 9% 11%

Nelcast Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 282 305 339 367 395 420 430 442 468 519 553
Minority's Interest 2 2 2 3 3 3 3 3 3 3 3
Borrowings 23 6 0 30 91 141 107 137 101 98 69
Other Non-Current Liabilities 34 39 40 41 47 33 37 41 44 46 49
Total Current Liabilities 147 165 166 198 246 181 262 340 413 466 492
Total Liabilities 487 517 546 639 782 779 840 963 1028 1132 1164
Fixed Assets 254 275 271 264 318 304 455 467 459 446 512
Other Non-Current Assets 18 12 15 58 112 170 20 17 29 78 28
Total Current Assets 215 230 260 317 351 305 365 479 540 607 625
Total Assets 487 517 546 639 782 779 840 963 1028 1132 1164

Nelcast Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 54 52 -21 -20 -12 -19 -23 -9 -51 -65 -114
Cash Flow from Operating Activities 26 47 28 33 75 32 83 -13 80 20 105
Cash Flow from Investing Activities -22 -30 -10 -44 -125 -63 -18 -32 -23 -31 -38
Cash Flow from Financing Activities -6 -16 -17 19 44 27 -51 2 -71 -39 -61
Net Cash Inflow / Outflow -1 0 1 8 -7 -4 14 -42 -13 -49 5
Closing Cash & Cash Equivalent 52 53 -20 -12 -19 -23 -9 -51 -65 -114 -108

Nelcast Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 2.52 3.66 3.91 4.34 4.39 4.14 1.04 1.53 3.37 6.24 4.27
CEPS(Rs) 3.98 5.14 5.45 6.18 6.4 6.27 3.54 4.23 6.18 9.03 7.13
DPS(Rs) 0.7 0.8 0.9 1 1 0 0.2 0.3 0.4 0.4 0.5
Book NAV/Share(Rs) 32.37 35.07 38.97 42.23 45.42 48.3 49.44 50.77 53.84 59.68 63.55
Core EBITDA Margin(%) 7.44 10.23 10.04 9.32 8.82 8.52 7.54 6.26 6.28 7.28 7.07
EBIT Margin(%) 6.47 8.91 9.09 8.14 7.79 7.64 4.8 4.84 5.66 7.91 6.76
Pre Tax Margin(%) 4.87 7.4 7.69 7.41 6.7 5.44 2 2.05 3.19 5.42 3.94
PAT Margin (%) 3.62 5.1 5.33 4.97 4.46 6.35 1.47 1.53 2.35 4.29 2.98
Cash Profit Margin (%) 5.7 7.16 7.43 7.07 6.5 9.62 5.01 3.97 4.25 6.2 4.96
ROA(%) 4.64 6.35 6.39 6.38 5.37 4.62 1.12 1.58 2.99 5.04 3.25
ROE(%) 8 10.86 10.55 10.7 10.02 8.83 2.13 3.26 6.53 11.02 6.96
ROCE(%) 10.67 14.26 14.18 14.04 12.58 6.99 4.58 6.57 9.58 12.37 9.98
Receivable days 41.97 40.02 40.79 46.39 50.81 75.28 82.15 79.61 71.65 80.21 93.43
Inventory Days 30.31 37.92 48.1 49.27 53.87 86.86 73.17 54.54 45.76 50.11 53.93
Payable days 58.44 69.19 88.28 85.45 91.88 141.92 131.27 124.19 104.67 130.44 154.56
PER(x) 13.06 15.34 14.98 18.7 16.27 7.26 62.3 38.52 26.42 20.58 19.4
Price/Book(x) 1.02 1.6 1.5 1.92 1.57 0.62 1.31 1.16 1.65 2.15 1.3
Dividend Yield(%) 2.12 1.42 1.54 1.23 1.4 0 0.31 0.51 0.45 0.31 0.6
EV/Net Sales(x) 0.61 0.95 0.93 1.01 0.89 0.77 1.16 0.79 0.77 1.07 0.75
EV/Core EBITDA(x) 6.39 7.77 7.46 9.63 9.06 7.09 13.9 10.84 10.19 12.78 8.88
Net Sales Growth(%) 5.77 2.9 2.47 29.58 15.01 -33.81 8.51 50.79 36.3 0.23 -1.2
EBIT Growth(%) -8.57 41.93 4.16 6.71 7.76 -35.02 -31.84 51.96 59.33 40.15 -15.57
PAT Growth(%) -2.45 45.23 6.64 11.23 1.03 -5.72 -74.89 57.32 109.04 82.98 -31.46
EPS Growth(%) -2.45 45.23 6.64 11.23 1.03 -5.72 -74.89 47.36 120.14 85.02 -31.49
Debt/Equity(x) 0.35 0.32 0.23 0.27 0.51 0.54 0.5 0.63 0.65 0.63 0.53
Current Ratio(x) 1.46 1.39 1.57 1.6 1.43 1.68 1.39 1.41 1.31 1.3 1.27
Quick Ratio(x) 1.08 0.95 1 1.04 0.85 0.97 0.94 0.94 0.93 0.9 0.9
Interest Cover(x) 4.05 5.87 6.46 11.15 7.14 3.46 1.71 1.74 2.29 3.17 2.4
Total Debt/Mcap(x) 0.34 0.2 0.15 0.14 0.32 0.86 0.38 0.54 0.39 0.29 0.41

Nelcast Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.87
FII 0.88 0.9 0.82 0.03 0 0.06 0 0.8 0.45 0.36
DII 0.48 0.48 0.48 0 0 0 0 0.01 0.11 0.11
Public 23.78 23.76 23.83 25.11 25.13 25.08 25.13 24.33 24.57 24.66
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Nelcast News

Nelcast Pros & Cons

Pros

  • Company has reduced debt.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Debtor days have increased from 130.44 to 154.56days.
whatsapp