Nelcast
NELCAST NSE
Nelcast
Industrial ProductsNSE: NELCAST BSE: 532864 Castings & Forgings
Key Fundamentals
MicrocapCastings & ForgingsIndustrial ProductsMarket Cap
₹950 Cr
Volatility
Moderate
P/E Ratio
22.95
EBITDA
₹125 Cr
Return on Equity
8.08%
Debt to Equity
0.43
Book Value
₹68.58
EPS
₹4.48
52W High
₹173.2
52W Low
₹85.98
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Weaknesses
1- Company has a low return on equity of 7.66% over last 3 years.
Growth Rate
Revenue Growth
5.8% higher than
3Y
Net Income Growth
29.76% higher than
3Y
Cash Flow Change
-12.64% lower than
3Y
ROE
20.42% higher than
3Y
ROCE
12.81% higher than
3Y
EBITDA Margin (Avg.)
11.42% level than
3Y
Quarterly Results
| Particulars | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 293 | 358 | 320 | 295 | 300 | 330 | 291 | 330 | 332 | 299 | 330 | 368 | 341 |
| Expenses | 273 | 327 | 295 | 280 | 280 | 309 | 274 | 300 | 304 | 282 | 296 | 336 | 325 |
| Operating Profit | 19.34 | 31.78 | 25.61 | 15.55 | 20.2 | 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% | 8.51% | 5.72% | 10.1% | 8.66% | 4.62% |
| Other Income | 3.62 | 4.29 | 19.91 | 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 | 6.4 | 6 | 5.91 | 6.1 | 6.14 | 6.63 | 6.45 | 6.57 | 6.6 | 7.38 | 6.84 |
| PBT | 9.21 | 22.32 | 31.18 | 5.91 | 10.19 | 12.9 | 8.02 | 18.19 | 16.6 | 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% |
| Net Profit | 7.18 | 16.64 | 25.53 | 5.07 | 7.96 | 9.82 | 5.98 | 13.54 | 12.5 | 4.76 | 15.9 | 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 |
Profit & Loss
| Particulars | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 545 | 561 | 575 | 745 | 856 | 567 | 615 | 927 | 1,264 | 1,267 | 1,252 | 1,328 | 1,338 |
| Expenses | 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% |
| Other Income | 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 |
| PBT | 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% | — |
| Net Profit | 22 | 32 | 34 | 38 | 38 | 36 | 9 | 14 | 30 | 54 | 37 | 48 | 41 |
| EPS in Rs | 2.52 | 3.66 | 3.92 | 4.4 | 4.42 | 4.14 | 1.04 | 1.63 | 3.42 | 6.25 | 4.29 | 5.57 | 4.73 |
| Div. Payout % | 28% | 22% | 23% | 23% | 23% | 0% | 19% | 18% | 12% | 6% | 12% | 13% | — |
Balance Sheet
| Particulars | 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 |
| Borrowings | 98 | 96 | 77 | 98 | 200 | 225 | 215 | 280 | 304 | 329 | 294 | 257 |
| Other Liabilities | 108 | 115 | 130 | 174 | 187 | 133 | 195 | 242 | 256 | 284 | 317 | 345 |
| Total Liabilities | 487 | 517 | 546 | 639 | 782 | 779 | 840 | 963 | 1,028 | 1,132 | 1,164 | 1,199 |
| Fixed Assets | 254 | 275 | 271 | 264 | 318 | 304 | 455 | 467 | 459 | 446 | 512 | 503 |
| CWIP | 12 | 10 | 12 | 48 | 103 | 166 | 14 | 13 | 13 | 56 | 2 | 0 |
| Investments | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 11 | 13 | 23 | 24 |
| Other Assets | 221 | 232 | 262 | 326 | 360 | 309 | 371 | 482 | 545 | 617 | 627 | 672 |
| Total Assets | 487 | 517 | 546 | 639 | 782 | 779 | 840 | 963 | 1,028 | 1,132 | 1,164 | 1,199 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 26 | 47 | 28 | 33 | 75 | 32 | 83 | -13 | 80 | 20 | 105 | 92 |
| Investing | -22 | -30 | -10 | -44 | -125 | -63 | -18 | -32 | -23 | -31 | -38 | -11 |
| Financing | -6 | -16 | -17 | 19 | 44 | 27 | -51 | 2 | -71 | -39 | -61 | -76 |
| Net Cash Flow | -1 | 0 | 1 | 8 | -7 | -4 | 14 | -42 | -13 | -49 | 6 | 4 |
| Free Cash Flow | 3 | 16 | 15 | -12 | -52 | -35 | 62 | -48 | 64 | -15 | 72 | 76 |
| CFO/OP | 68 | 89 | 64 | 71 | 116 | 82 | 178 | -21 | 108 | 39 | 124 | 95 |
Ratios
| Particulars | 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 | 10 | 8 | 26 | 31 | 20 | 48 | 22 | 30 | 7 | 16 | 16 | 20 |
| ROCE % | 9% | 14% | 13% | 14% | 12% | 7% | 5% | 7% | 10% | 10% | 10% | 11% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Nelcast insights
63 extracted metrics + investor summaries across FY11–FY27.
Documents
1
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
5 May - Nelcast schedules Q4FY26 earnings call on 19 May 2026 at 11:00 AM IST. 5 May - Nelcast schedules Q4FY26 earnings call on 19 May 2026 at 11:00 AM IST.
2
Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026
2 May - Board meets 18 May 2026 for FY26 audited results and possible dividend; trading window closed from 1 April 2026. 2 May - Board meets 18 May 2026 for FY26 audited results and possible dividend; trading window closed from 1 April 2026.
3
Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026
2 May - Board meets 18 May 2026 for FY26 audited results and possible dividend; trading window closed from 1 April 2026. 2 May - Board meets 18 May 2026 for FY26 audited results and possible dividend; trading window closed from 1 April 2026.
4
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
13 Apr - Nelcast Limited reports it is not a large corporate under SEBI debt framework. 13 Apr - Nelcast Limited reports it is not a large corporate under SEBI debt framework.
5
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
13 Apr - Nelcast states it is not a large corporate under SEBI framework. 13 Apr - Nelcast states it is not a large corporate under SEBI framework.
Frequently Asked Questions about Nelcast
What does Nelcast Ltd do?
Incorporated in 1982, Nelcast Ltd
is in the business of manufacturing
Iron Castings[1]
Where is Nelcast Ltd (NELCAST) listed?
Nelcast Ltd trades as NELCAST on the NSE and under code 532864 on the BSE.
Which sector does Nelcast Ltd belong to?
Nelcast Ltd is classified under the Industrial Products sector, in the Castings & Forgings industry.
What is the market capitalisation of Nelcast Ltd?
Nelcast Ltd has a market capitalisation of ₹949.62 Cr, which places it in the Small Cap band.
What is the PE ratio of Nelcast Ltd?
Nelcast Ltd trades at a PE ratio of 22.95, on earnings per share of ₹4.48, against a book value of ₹68.58 per share.
What is the 52-week high and low of Nelcast Ltd?
Over the last 52 weeks Nelcast Ltd has traded between ₹85.98 and ₹173.2.
Does Nelcast Ltd pay dividends?
Nelcast Ltd has a dividend yield of 0.64%.
What is the Return on Equity (ROE) of Nelcast Ltd?
Nelcast Ltd reported a return on equity of 8.08%. Its debt-to-equity ratio is 0.43.
Company Information
Incorporated in 1982, Nelcast Ltd is in the business of manufacturing Iron Castings[1]
Website nelcast.com
CEO Mr. P. Deepak
Employees 1,303
Listed 2007-06-27
Face Value ₹ 2
Issued Size 8,70,01,200
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