Nelcast

Who are the top shareholders of the Nelcast?

The top shareholders of Nelcast include P Deepak with 39.63%, the Kanuri Family Trust at 2.73%, and individual investors holding 18.85%. There are no pledged promoter holdings or mutual funds involved, and two foreign institutional investors hold a total of 0.06%.

The top shareholders of Nelcast include the promoters, with P Deepak holding the largest share at 39.63%. The Kanuri Family Trust is the highest public shareholder, owning 2.73%. Additionally, individual investors collectively hold 18.85% of the shares. There are also two foreign institutional investors (FIIs) that hold a small percentage, totaling 0.06%. Notably, there are no pledged promoter holdings and no mutual funds currently involved with the company.

how big is Nelcast?

As of Jun 06, Nelcast Ltd. has a market capitalization of 1,163.21 Cr, with recent net sales of 1,251.68 Cr and a net profit of 37.30 Cr over the last four quarters.

Market Cap: As of Jun 06, Nelcast Ltd. has a market capitalization of 1,163.21 Cr, classifying it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest 4 quarters, the sum of Net Sales is 1,251.68 Cr and the sum of Net Profit is 37.30 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 519.19 Cr, and the Total Assets amount to 1,131.62 Cr.

When is the next results date for Nelcast?

No Upcoming Board Meetings

Who are in the management team of Nelcast?

As of March 2023, the management team of Nelcast includes D Sesha Reddy (Chairman), S K Sivakumar (CFO), P Deepak (Managing Director), and several independent and non-executive directors. Their roles collectively support the company's governance and management.

As of March 2023, the management team of Nelcast includes the following individuals:<BR><BR>1. D Sesha Reddy - Chairman & Independent Director<BR>2. S K Sivakumar - CFO & Company Secretary<BR>3. A Balasubramanian - Non-Executive & Independent Director<BR>4. P Divya - Non-Executive & Non-Independent Director<BR>5. P Deepak - Managing Director<BR>6. Maheshwari Mohan - Non-Executive & Independent Director<BR>7. Ranganathan Sridharan - Independent Director<BR><BR>Each member holds a specific designation that contributes to the governance and management of the company.

What does Nelcast do?

Nelcast Ltd. is a leading Indian producer of ductile and grey iron castings, classified as a Small Cap company with a market cap of Rs 1,163 Cr. As of March 2025, it reported net sales of 330 Cr and a net profit of 14 Cr.

Overview: <BR>Nelcast Ltd. is a leading producer of ductile and grey iron castings in India, operating within the Castings & Forgings industry and classified as a Small Cap company.<BR><BR>History: <BR>Nelcast Ltd. was incorporated on 7th June, 1982, initially as Nelcast Private Limited. It was converted into a Public Limited Company and renamed Nelcast Limited on 20th September 1995. The latest quarterly results reported net sales and profit for March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 330 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 14 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 1,163 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 33.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.31% <BR>Debt Equity: 0.39 <BR>Return on Equity: 6.22% <BR>Price to Book: 2.04<BR><BR>Contact Details: <BR>Address: 34 Industrial Estate, Gudur, Andhra Pradesh: 524101 <BR>Tel: 91-8624-251266/766 <BR>Email: nelcast@nelcast.com <BR>Website: http://www.nelcast.com

Has Nelcast declared dividend?

Yes, Nelcast Ltd. has declared a 20% dividend, amounting to ₹0.4 per share, with an ex-date of July 18, 2024. The dividend yield is 0.31%, and the company has shown varying total returns, with a notable 208.49% return over the past 5 years.

Nelcast Ltd. has declared a 20% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 20%<BR>- Amount per share: 0.4<BR>- Ex-date: 18 Jul 24<BR><BR>Dividend Yield: 0.31%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was 4.59%, with no dividend return, resulting in a total return of 4.59%.<BR><BR>Over the past year, the price return was -1.18%, with a dividend return of 0.28%, leading to a total return of -0.9%.<BR><BR>In the 2-year period, the price return was 37.55%, with a dividend return of 0.88%, resulting in a total return of 38.43%.<BR><BR>For the 3-year period, the price return was 112.9%, with a dividend return of 1.98%, leading to a total return of 114.88%.<BR><BR>In the last 4 years, the price return was 72.06%, with a dividend return of 1.77%, resulting in a total return of 73.83%.<BR><BR>Over the past 5 years, the price return was 206.14%, with a dividend return of 2.35%, leading to a total return of 208.49%.<BR><BR>Overall, Nelcast Ltd. has declared a dividend and has shown varying total returns across different periods, with significant gains over the long term, particularly in the 5-year period. The dividend yield indicates a modest return relative to the share price.

Who are the peers of the Nelcast?

Nelcast's peers include AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, and Nitin Castings. Nelcast has an average management risk, below average growth, and a 1-year return of -2.11%, compared to Balu Forge's 155.13% and Happy Forgings' -15.96%.

Peers: The peers of Nelcast are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, and Nitin Castings.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering and Tirupati Forge, while Average management risk is found at Happy Forgings, Balu Forge, Steelcast, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, and Nitin Castings. Growth is Excellent at Balu Forge, Good at Amic Forging and Nitin Castings, while Below Average growth is noted at AIA Engineering, Happy Forgings, Nelcast, Inv.& Prec.Cast., and the rest. Capital Structure is Excellent at AIA Engineering, Happy Forgings, Steelcast, and Magna Electrocas, Good at Amic Forging and Tirupati Forge, while Below Average is seen at Nelcast, Synergy Green, and Inv.& Prec.Cast.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Balu Forge at 155.13%, while the lowest is Happy Forgings at -15.96%. Nelcast's own 1-year return is -2.11%, which is higher than Happy Forgings but lower than Balu Forge. Additionally, Magna Electrocas and Synergy Green have negative six-month returns.

Is Nelcast overvalued or undervalued?

As of August 12, 2025, Nelcast's valuation has improved to attractive, indicating it is currently undervalued with a PE ratio of 35.69, outperforming the Sensex with a year-to-date return of 36.09%, and positioned competitively against peers like Bharat Forge and Sona BLW Precision.

As of 12 August 2025, Nelcast's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE ratio of 35.69, an EV to EBITDA of 17.22, and a Price to Book Value of 2.62, which suggest that while the company is priced at a premium, it may still offer growth potential relative to its peers.<BR><BR>In comparison to its industry peers, Nelcast's PE ratio is lower than that of Bharat Forge at 53.84 and Sona BLW Precision at 45.23, which are both categorized as expensive. Meanwhile, CIE Automotive, also attractive, has a significantly lower PE of 19.29, highlighting Nelcast's competitive positioning. Additionally, Nelcast has outperformed the Sensex over various time frames, with a year-to-date return of 36.09% compared to the Sensex's 2.68%, reinforcing the argument for its undervaluation.

How has been the historical performance of Nelcast?

Nelcast's historical performance shows fluctuating net sales, peaking at 1,266.94 Cr in Mar'24 before declining to 1,251.68 Cr in Mar'25, with profitability metrics also decreasing, including profit after tax dropping from 54.41 Cr to 37.29 Cr. However, cash flow from operating activities improved significantly from 20.00 Cr to 104.00 Cr during the same period.

Answer:<BR>The historical performance of Nelcast shows a fluctuating trend in net sales and profitability over the years. <BR><BR>Breakdown:<BR>Nelcast's net sales peaked at 1,266.94 Cr in Mar'24 but slightly declined to 1,251.68 Cr in Mar'25. The total operating income followed a similar pattern, reflecting the same values as net sales. The raw material costs decreased from 632.43 Cr in Mar'23 to 547.42 Cr in Mar'25, while employee costs increased from 64.25 Cr in Mar'23 to 80.46 Cr in Mar'25. Operating profit (PBDIT) saw a slight decrease from 106.54 Cr in Mar'24 to 105.61 Cr in Mar'25, with profit before tax dropping from 68.62 Cr to 49.30 Cr in the same period. Profit after tax also decreased from 54.41 Cr to 37.29 Cr. The company's total assets increased from 1,131.62 Cr in Mar'24 to 1,164.39 Cr in Mar'25, while total liabilities rose from 1,131.62 Cr to 1,164.39 Cr. Cash flow from operating activities improved significantly from 20.00 Cr in Mar'24 to 104.00 Cr in Mar'25, contributing to a net cash inflow of 5.00 Cr in Mar'25, compared to a net outflow of 49.00 Cr in Mar'24.

Are Nelcast latest results good or bad?

Nelcast's latest results are concerning, with a 9.98% decline in net sales to ₹298.74 crores and a 61.92% drop in net profit to ₹4.76 crores, indicating significant challenges in profitability and operational efficiency. Investors should exercise caution given the deteriorating financial performance.

Nelcast's latest results indicate a challenging quarter for the company, characterized by significant declines in both revenue and profitability. In the quarter ending September 2025, net sales fell by 9.98% sequentially to ₹298.74 crores, and net profit plummeted by 61.92% to ₹4.76 crores. This decline raises concerns about the company's operational efficiency and ability to navigate the difficult conditions in the castings and forgings sector.<BR><BR>Operating margins also deteriorated, compressing to 5.72% from 8.51% in the previous quarter, which is the lowest level in recent quarters. The profit after tax margin dropped to just 1.59%, down from 3.77% in the prior quarter, indicating severe pressure on profitability.<BR><BR>Overall, the results reflect a significant deterioration in financial performance, raising questions about the company's future prospects and its ability to recover in the current market environment. Investors may need to exercise caution given these developments.

Should I buy, sell or hold Nelcast?

Is Nelcast technically bullish or bearish?

As of December 1, 2025, Nelcast's technical trend has shifted to a moderate bearish stance, supported by bearish indicators from MACD, Bollinger Bands, and moving averages, despite a mildly bullish KST signal on the monthly timeframe.

As of 1 December 2025, the technical trend for Nelcast has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. The weekly MACD is bearish, and the Bollinger Bands indicate a bearish trend on both weekly and monthly time frames. Daily moving averages also confirm a bearish outlook. The KST shows a mildly bullish signal on the monthly, but overall, the lack of trends in Dow Theory and the absence of signals in RSI suggest a weak bearish environment. The stock's recent performance relative to the Sensex further supports the bearish sentiment, particularly with negative returns over the past month and year.

Why is Nelcast Ltd. falling/rising?

As of 02-Feb, Nelcast Ltd. is experiencing a slight rise in stock price to 90.88, attributed to recent short-term gains. However, the long-term outlook is negative, with significant declines in performance metrics and weak investor confidence.

As of 02-Feb, Nelcast Ltd. is experiencing a slight rise in its stock price, currently at 90.88, with a change of 0.28 (0.31%) upward. This increase can be attributed to the stock gaining for the last three consecutive days, resulting in a total return of 3.21% during this period. Additionally, the stock has outperformed the Sensex over the past week, with a return of +0.98% compared to the Sensex's +0.16%.<BR><BR>However, despite this recent uptick, the stock has shown significant underperformance over longer periods. Over the past month, Nelcast Ltd. has declined by 14.22%, and year-to-date, it is down 12.91%. The stock's performance over the last year is also concerning, with a return of -13.20%, contrasting sharply with the Sensex's gain of 5.37%. <BR><BR>The stock's current price is higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages, indicating mixed short-term momentum. Furthermore, the stock has underperformed its sector, with a performance that is 3.41% below the sector average.<BR><BR>While there are positive factors such as a healthy long-term growth rate in operating profit and a favorable valuation compared to peers, the company faces significant challenges. Its ability to service debt is weak, as indicated by a poor EBIT to Interest ratio of 1.75, and it has shown low profitability with a Return on Equity of 5.93%. Additionally, recent financial results have been disappointing, with a significant drop in PAT and net sales compared to previous averages.<BR><BR>In summary, while Nelcast Ltd. is currently rising in price due to short-term gains, the overall long-term outlook remains negative, characterized by substantial declines in performance metrics and weak investor confidence.

Which are the latest news on Nelcast?