Nelcast

Which are the latest news on Nelcast?

Why is Nelcast Ltd. falling/rising?

As of 10-Jun, Nelcast Ltd.'s stock price is at 137.95, down 3.83% after a trend reversal following four days of gains. The stock shows short-term weakness despite increased investor participation, underperforming its sector by 5.27%.

As of 10-Jun, Nelcast Ltd.'s stock price is falling, currently at 137.95, reflecting a decrease of 5.5 points or 3.83%. This decline comes after a trend reversal, as the stock has fallen following four consecutive days of gains. Today's performance indicates that it has underperformed its sector by 5.27%. The stock reached an intraday high of Rs 147.05 but also touched a low of Rs 136.9, indicating significant volatility within the trading day. Additionally, while the stock's moving averages are higher than the 50-day, 100-day, and 200-day averages, it is lower than the 5-day and 20-day moving averages, suggesting a short-term weakness. Despite a rise in investor participation with a 40.41% increase in delivery volume compared to the 5-day average, the overall sentiment appears negative, contributing to the stock's current decline.

What does Nelcast do?

Nelcast Ltd. is a leading Indian producer of ductile and grey iron castings, classified as a Micro Cap company with a market cap of INR 1,265 Cr. As of March 2026, it reported net sales of 368 Cr and a net profit of 15 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 Micro Cap company.<BR><BR>History:<BR>Nelcast Ltd. was incorporated on 7 June 1982 as 'Nelcast Private Limited' and later converted to a Public Limited Company on 20 September 1995. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 368 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 15 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 1,265 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 25.00<BR>- Industry P/E: 46<BR>- Dividend Yield: 0.35%<BR>- Debt Equity: 0.29<BR>- Return on Equity: 8.12%<BR>- Price to Book: 2.09<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

Are Nelcast Ltd. latest results good or bad?

Nelcast Ltd.'s latest results show strong revenue growth of 11.70% quarter-on-quarter, but profitability has declined, with a net profit drop of 3.96% from the previous quarter and a contraction in operating margins. Overall, while revenue is up, the decline in profitability suggests significant cost pressures, making the results appear unfavorable.

Nelcast Ltd.'s latest results present a mixed picture. On one hand, the company achieved a significant revenue growth of 11.70% quarter-on-quarter, reaching ₹368.18 crores, which is also an 11.65% increase year-on-year. This indicates strong demand in the castings and forgings sector. However, this positive revenue momentum is overshadowed by deteriorating profitability metrics. <BR><BR>The net profit for the quarter was ₹15.27 crores, reflecting a decline of 3.96% from the previous quarter, despite a year-on-year increase of 12.78%. Additionally, the operating margin contracted to 8.66% from 10.10% in the prior quarter, highlighting the cost pressures that have impacted profitability.<BR><BR>For the full fiscal year FY25, Nelcast reported a net profit of ₹37.00 crores on revenues of ₹1,251.00 crores, which is a decline from the previous year's profit of ₹54.00 crores. This suggests that the challenges faced in the latest quarter are part of broader issues affecting the company's profitability over the year.<BR><BR>In summary, while revenue growth is a positive sign, the decline in profitability and operating margins indicates that the company is currently facing significant cost pressures, making the overall results appear unfavorable.

Should I buy, sell or hold Nelcast Ltd.?

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.

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.

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.