Nelcast

Which are the latest news on Nelcast?

Why is Nelcast Ltd. falling/rising?

As of 05-Sep, Nelcast Ltd.'s stock price is falling, currently at 117.30, reflecting a decrease of 1.05%. The stock has declined 20.80% over the past year and is trading below all major moving averages, indicating a bearish trend despite increased investor participation.

As of 05-Sep, Nelcast Ltd.'s stock price is falling, currently at 117.30, which reflects a decrease of 1.25 or 1.05%. This decline follows a trend reversal after two consecutive days of gains. Over the past week, the stock has decreased by 2.29%, which is more significant than the Sensex's decline of 0.97%. Additionally, the stock has experienced a notable drop of 20.80% over the past year, while the benchmark Sensex has only fallen by 5.21% during the same period.<BR><BR>The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Although there has been a rise in investor participation, with delivery volume increasing by 117.51% against the 5-day average on September 3rd, this has not translated into a positive price movement. The weighted average price suggests that more volume was traded closer to the low price, further contributing to the downward pressure on the stock. Overall, these factors indicate that Nelcast Ltd. is experiencing a decline in its stock price.

Should I buy, sell or hold Nelcast Ltd.?

Who are in the management team of Nelcast?

The management team of Nelcast includes D Sesha Reddy (Chairman), S K Sivakumar (CFO), A Balasubramanian, P Divya, P Deepak (Managing Director), Maheshwari Mohan, and Ranganathan Sridharan, with various roles as directors and executives.

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>If you need more information about any specific member or their roles, feel free to ask!

What does Nelcast do?

Nelcast Ltd. is a leading producer of ductile and grey iron castings, incorporated in 1982 and converted to a public company in 1995. As of June 2026, it reported net sales of 341 Cr and a net profit of 5 Cr, with a market cap of INR 1,040 Cr.

Overview: <BR>Nelcast Ltd. is a leading producer of ductile and grey iron castings in the Castings & Forgings industry, categorized as a Micro Cap company.<BR><BR>History: <BR>Nelcast Limited was incorporated on 7 June, 1982, originally as 'Nelcast Private Limited', and later converted into a Public Limited Company on 20 September 1995. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 341 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 5 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 1,040 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 25.00 <BR>Industry P/E: 50 <BR>Dividend Yield: 0.58% <BR>Debt-Equity: 0.29 <BR>Return on Equity: 8.12% <BR>Price to Book: 1.76<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

Who are the peers of the Nelcast?

Nelcast's peers include Balu Forge, Steelcast, Amic Forging, Inv.& Prec.Cast., Synergy Green, Magna Electrocas, Tirupati Forge, and ANB Metal. Nelcast has an average management risk and a 1-year return of -19.11%, significantly lower than its peers, with Inv.& Prec.Cast. leading at 177.77%.

Peers: The peers of Nelcast are Balu Forge, Steelcast, Amic Forging, Inv.& Prec.Cast., Synergy Green, Magna Electrocas, Tirupati Forge, and ANB Metal.<BR><BR>Quality Snapshot: Excellent management risk is observed at Steelcast, while Average management risk is found at Balu Forge, Amic Forging, Inv.& Prec.Cast., Nelcast, Synergy Green, Magna Electrocas, Tirupati Forge, and ANB Metal. Growth is Excellent at Balu Forge and Tirupati Forge, Good at Steelcast and Amic Forging, and Below Average at Inv.& Prec.Cast., Nelcast, Synergy Green. Capital Structure is Excellent at Balu Forge, Steelcast, Amic Forging, and Magna Electrocas, while Good is found at Tirupati Forge and ANB Metal, and Below Average at Inv.& Prec.Cast., Nelcast, and Synergy Green.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Inv.& Prec.Cast. at 177.77%, while Nelcast has the lowest at -19.11%. This indicates that Nelcast's 1-year return is significantly lower than that of its peers. Additionally, there are no peers with a negative six-month return.

How big is Nelcast?

As of 31st August, Nelcast Ltd. has a market capitalization of 1,040.00 Cr, with net sales of 1,337.59 Cr and a net profit of 41.07 Cr reported in the latest four quarters.

As of 31st August, Nelcast Ltd. has a market capitalization of 1,040.00 Cr, categorized as a Micro Cap.<BR><BR>In the latest four quarters, Nelcast reported net sales of 1,337.59 Cr and a net profit of 41.07 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with shareholder's funds amounting to 596.64 Cr and total assets of 1,198.70 Cr.

Are Nelcast Ltd. latest results good or bad?

Nelcast Ltd.'s latest Q1 FY27 results are concerning, with a net profit decline of 66.34% quarter-on-quarter and 58.88% year-on-year, alongside a drop in operating margin to 4.62%. These metrics indicate significant financial pressures and operational challenges, suggesting investors should exercise caution.

Nelcast Ltd.'s latest results for Q1 FY27 indicate a concerning performance. The company reported a net profit of ₹5.14 crores, which reflects a significant decline of 66.34% quarter-on-quarter and 58.88% year-on-year. Revenue also decreased by 7.37% from the previous quarter, although it showed a modest year-on-year growth of 2.77%, reaching ₹341.05 crores.<BR><BR>The operating margin has dropped to 4.62%, the lowest in recent quarters, down from 8.66% in Q4 FY26. This decline in profitability highlights ongoing operational challenges, as the company struggles to convert revenue growth into profit. Additionally, the dependence on non-operating income, which constituted a substantial portion of profit before tax, raises concerns about the sustainability of its core business operations.<BR><BR>Overall, the results suggest that Nelcast is facing significant financial pressures, and the deterioration in key metrics points to a challenging environment for the company. Investors may need to exercise caution given these developments.

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.

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.

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.

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.

When is the next results date for Nelcast?

No Upcoming Board Meetings

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.