Nelcast

₹151.8 1.6 | 1%

WEBSITE BSE:532864 NSE : NELCAST 10 May, 16:01

Market Cap ₹1320 Cr.

Stock P/E 24.5

P/B 2.6

Current Price ₹151.8

Book Value ₹ 59.1

Face Value 2

52W High ₹194.5

Dividend Yield 0.26%

52W Low ₹ 88.8

Edit Ratio

Nelcast Research see more...

Overview Inc. Year: 1982Industry: Castings/Forgings

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 elevate cover; railways, along with inserts/shoulders for concrete sleepers; pipe fittings, consisting of ductile iron fittings, and machining additives. It manufactures elements which are to be utilized in various applications in motors, together with the engine, transmission, suspension, axle, brake and steerage. The Company additionally caters to the tractor enterprise for his or her requirement of various housings, in addition to engine, transmission and axle components, and railways and the pipe fittings industries.

Nelcast Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Nelcast Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	239	235	268	295	329	327	313	293	358	320
Other Income	3	2	4	4	3	7	2	4	4	3
Total Income	242	237	272	300	332	334	315	296	363	323
Total Expenditure	225	222	251	276	302	312	294	273	327	295
Operating Profit	17	15	21	23	30	21	21	23	36	28
Interest	6	7	7	7	8	8	8	8	8	8
Depreciation	6	6	6	6	6	6	6	6	6	6
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	17
Profit Before Tax	5	3	8	11	16	7	6	9	22	31
Provision for Tax	1	1	2	3	4	2	2	2	6	6
Profit After Tax	3	2	7	8	12	5	4	7	17	26
Adjustments	0	0	-0	-0	0	0	-0	0	-0	-0
Profit After Adjustments	3	2	7	8	12	5	4	7	17	26
Adjusted Earnings Per Share	0.4	0.2	0.8	0.9	1.4	0.6	0.5	0.8	1.9	2.9

Nelcast Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	508	515	545	561	575	745	856	567	615	927	1264	1284
Other Income	8	7	7	5	7	7	9	14	5	9	16	13
Total Income	516	522	552	565	582	751	865	580	620	937	1280	1297
Total Expenditure	475	467	500	497	511	674	781	518	569	869	1185	1189
Operating Profit	41	56	52	69	71	78	84	62	51	67	96	108
Interest	9	7	10	9	9	6	9	13	17	26	31	32
Depreciation	11	13	13	13	13	16	17	19	22	23	24	24
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	17
Profit Before Tax	21	36	30	46	49	56	57	31	12	19	40	68
Provision for Tax	7	14	8	14	15	19	19	-5	3	5	11	16
Profit After Tax	14	22	22	32	34	38	38	36	9	14	30	54
Adjustments	0	0	0	0	0	0	0	-0	1	-1	-0	0
Profit After Adjustments	14	22	22	32	34	38	38	36	10	13	29	54
Adjusted Earnings Per Share	1.6	2.6	2.5	3.7	3.9	4.3	4.4	4.1	1	1.5	3.4	6.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	36%	31%	11%	10%
Operating Profit CAGR	43%	16%	4%	9%
PAT CAGR	114%	-6%	-5%	8%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	49%	26%	18%	22%
ROE Average	7%	4%	6%	8%
ROCE Average	10%	7%	8%	10%

Nelcast Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	252	267	282	305	339	367	395	420	430	442	468
Minority's Interest	1	1	2	2	2	3	3	3	3	3	3
Borrowings	41	44	23	6	0	30	91	141	107	137	101
Other Non-Current Liabilities	24	32	34	39	40	41	47	33	37	41	44
Total Current Liabilities	123	117	147	165	166	198	246	181	262	340	413
Total Liabilities	441	460	487	517	546	639	782	779	840	963	1028
Fixed Assets	198	250	254	275	271	264	318	304	455	467	459
Other Non-Current Assets	52	10	18	12	15	58	112	170	20	17	29
Total Current Assets	191	200	215	230	260	317	351	305	365	479	540
Total Assets	441	460	487	517	546	639	782	779	840	963	1028

Nelcast Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	64	48	54	52	-21	-20	-12	-19	-23	-9	-51
Cash Flow from Operating Activities	42	45	26	47	28	33	75	32	83	-13	80
Cash Flow from Investing Activities	-49	-22	-22	-30	-10	-44	-125	-63	-18	-32	-23
Cash Flow from Financing Activities	-8	-18	-6	-16	-17	19	44	27	-51	2	-71
Net Cash Inflow / Outflow	-16	5	-1	0	1	8	-7	-4	14	-42	-13
Closing Cash & Cash Equivalent	48	54	52	53	-20	-12	-19	-23	-9	-51	-65

Nelcast Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	1.6	2.59	2.52	3.66	3.91	4.34	4.39	4.14	1.04	1.53	3.37
CEPS(Rs)	2.88	4.06	3.98	5.14	5.45	6.18	6.4	6.27	3.54	4.23	6.18
DPS(Rs)	0.5	0.7	0.7	0.8	0.9	1	1	0	0.2	0.3	0.4
Book NAV/Share(Rs)	28.92	30.68	32.37	35.07	38.97	42.23	45.42	48.3	49.44	50.77	53.84
Core EBITDA Margin(%)	5.8	8.44	7.44	10.23	10.04	9.32	8.82	8.52	7.54	6.26	6.28
EBIT Margin(%)	5.29	7.46	6.47	8.91	9.09	8.14	7.79	7.64	4.8	4.84	5.66
Pre Tax Margin(%)	3.64	6.31	4.87	7.4	7.69	7.41	6.7	5.44	2	2.05	3.19
PAT Margin (%)	2.45	3.91	3.62	5.1	5.33	4.97	4.46	6.35	1.47	1.53	2.35
Cash Profit Margin (%)	4.4	6.15	5.7	7.16	7.43	7.07	6.5	9.62	5.01	3.97	4.25
ROA(%)	3.35	5	4.64	6.35	6.39	6.38	5.37	4.62	1.12	1.58	2.99
ROE(%)	5.97	8.68	8	10.86	10.55	10.7	10.02	8.83	2.13	3.26	6.53
ROCE(%)	9.27	12.31	10.67	14.26	14.18	14.04	12.58	6.99	4.58	6.57	9.58
Receivable days	48.21	41.58	41.97	40.02	40.79	46.39	50.81	75.28	82.15	79.61	71.65
Inventory Days	29.4	28.42	30.31	37.92	48.1	49.27	53.87	86.86	73.17	54.54	45.76
Payable days	71.51	70.13	58.44	69.19	88.28	85.45	91.88	141.92	131.27	124.19	104.67
PER(x)	12.54	7.56	13.06	15.34	14.98	18.7	16.27	7.26	62.3	38.52	26.42
Price/Book(x)	0.69	0.64	1.02	1.6	1.5	1.92	1.57	0.62	1.31	1.16	1.65
Dividend Yield(%)	2.49	3.58	2.12	1.42	1.54	1.23	1.4	0	0.31	0.51	0.45
EV/Net Sales(x)	0.42	0.4	0.61	0.95	0.93	1.01	0.89	0.77	1.16	0.79	0.77
EV/Core EBITDA(x)	5.24	3.69	6.39	7.77	7.46	9.63	9.06	7.09	13.9	10.84	10.19
Net Sales Growth(%)	0.04	1.49	5.77	2.9	2.47	29.58	15.01	-33.81	8.51	50.79	36.3
EBIT Growth(%)	-78.07	42.82	-8.57	41.93	4.16	6.71	7.76	-35.02	-31.84	51.96	59.33
PAT Growth(%)	-83.99	61.7	-2.45	45.23	6.64	11.23	1.03	-5.72	-74.89	57.32	109.04
EPS Growth(%)	-83.99	61.7	-2.45	45.23	6.64	11.23	1.03	-5.72	-74.89	47.36	120.14
Debt/Equity(x)	0.36	0.33	0.35	0.32	0.23	0.27	0.51	0.54	0.5	0.63	0.65
Current Ratio(x)	1.55	1.71	1.46	1.39	1.57	1.6	1.43	1.68	1.39	1.41	1.31
Quick Ratio(x)	1.19	1.32	1.08	0.95	1	1.04	0.85	0.97	0.94	0.94	0.93
Interest Cover(x)	3.22	6.5	4.05	5.87	6.46	11.15	7.14	3.46	1.71	1.74	2.29
Total Debt/Mcap(x)	0.51	0.52	0.34	0.2	0.15	0.14	0.32	0.86	0.38	0.54	0.39

Nelcast Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	74.87	74.87	74.87	74.87	74.87	74.87	74.87	74.87	74.87	74.87
FII	0.01	0.17	0.03	0.83	0.85	0.88	0.79	1.05	0.88	0.9
DII	0.24	0.24	0.24	0.63	0.64	0.59	0.59	0.58	0.48	0.48
Public	24.88	24.72	24.86	23.68	23.65	23.67	23.75	23.5	23.78	23.76
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	6.51	6.51	6.51	6.51	6.51	6.51	6.51	6.51	6.51	6.51
FII	0	0.01	0	0.07	0.07	0.08	0.07	0.09	0.08	0.08
DII	0.02	0.02	0.02	0.05	0.06	0.05	0.05	0.05	0.04	0.04
Public	2.16	2.15	2.16	2.06	2.06	2.06	2.07	2.04	2.07	2.07
Others	0	0	0	0	0	0	0	0	0	0
Total	8.7	8.7	8.7	8.7	8.7	8.7	8.7	8.7	8.7	8.7

Pros

Debtor days have improved from 124.19 to 104.67days.
Company has reduced debt.

Cons

Company has a low return on equity of 4% over the last 3 years.
The company has delivered a poor profit growth of -4% over past five 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.

Nelcast News

IPO

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Companies	Open Date	Close Date	Issue Price	Cost of 1 Lot	GMP	Expected Listing	Listing Gain(%)	Listing Price	Current Price	Type	Exchange

Nelcast

Add Watchlist

Nelcast Research see more...

Overview Inc. Year: 1982Industry: Castings/Forgings

Nelcast Share Price

Alert Data

Quarterly Price

Peer Comparison

Nelcast Quarterly Results

Nelcast Profit & Loss

Growth Rates

Nelcast Balance Sheet

Nelcast Cash Flow

Nelcast Ratios

Nelcast Shareholding Pattern

Nelcast News

IPO

Stocx: India's #1 Marketplace to Find Your Winning Stock

Please Login!

Error!