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.

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.

Are Nelcast Ltd. latest results good or bad?

Nelcast Ltd.'s Q3 FY26 results are positive, with a net profit increase of 165.89% year-on-year and revenue growth of 13.11%. However, concerns about sustaining margin performance and operational stability remain, despite the encouraging recovery from the previous quarter.

Nelcast Ltd.'s latest results for Q3 FY26 can be considered good, showcasing significant improvements in both net profit and revenue. The company reported a net profit of ₹15.90 crores, which is a remarkable increase of 165.89% year-on-year and a staggering 234.03% increase compared to the previous quarter. Revenue also saw a healthy growth of 13.11% year-on-year, reaching ₹329.62 crores, and a sequential increase of 10.34%.<BR><BR>Additionally, the operating margin improved to 10.10%, marking the highest level in the last eight quarters, which indicates enhanced operational efficiency. The PAT margin also saw a substantial increase of 277 basis points year-on-year, reaching 4.82%.<BR><BR>Despite these positive results, there are some concerns regarding the company's ability to maintain consistent margin performance and overall operational stability. The stock experienced volatility following the results announcement, reflecting some investor caution. However, the significant recovery from a weak previous quarter suggests that Nelcast is on a positive trajectory. <BR><BR>Overall, while the latest results are encouraging, potential investors should keep an eye on the company's ability to sustain this performance in the coming quarters.

Should I buy, sell or hold Nelcast Ltd.?

Why is Nelcast Ltd. falling/rising?

As of 17-Mar, Nelcast Ltd.'s stock price is at 119.50, reflecting a decline of 1.2 (-0.99%) and underperforming the market. The stock has seen a total drop of 3.63% over the last three days, with decreased investor participation and a bearish trend indicated by its moving averages.

As of 17-Mar, Nelcast Ltd.'s stock price is falling, currently at 119.50, which reflects a decrease of 1.2 (-0.99%). The stock has been underperforming compared to the broader market, as evidenced by its performance today, where it underperformed its sector by 3.04%. Additionally, the stock has experienced a consecutive decline over the last three days, resulting in a total drop of 3.63% during this period.<BR><BR>In terms of recent trends, the stock has shown a negative return of 1.20% over the past week and a more significant decline of 3.40% over the past month. Although it has performed well year-to-date with a gain of 14.52% and a substantial increase of 52.21% over the past year, the recent downturn is notable. <BR><BR>Moreover, there has been a decrease in investor participation, with the delivery volume on 16 March falling by 43.35% compared to the 5-day average. This decline in trading activity may indicate reduced interest or confidence among investors, contributing to the stock's downward movement. Despite being above the 20-day, 50-day, and 100-day moving averages, the stock is currently below the 5-day and 200-day moving averages, which may also signal a bearish trend. Overall, these factors collectively explain the recent decline in Nelcast Ltd.'s stock price.

Why is Nelcast Ltd. falling/rising?

As of 18-Mar, Nelcast Ltd. is seeing a stock price increase to 126.00, up 4.65%, driven by strong relative performance, a trend reversal after declines, and heightened investor interest with a significant rise in trading volume. The stock has also outperformed the Sensex and shows positive returns over various periods.

As of 18-Mar, Nelcast Ltd. is experiencing a rise in its stock price, currently at 126.00, reflecting an increase of 5.6 or 4.65%. This upward movement can be attributed to several factors. Firstly, the stock has outperformed its sector by 1.31%, indicating strong relative performance. Additionally, it has shown a trend reversal, gaining after three consecutive days of decline, which may have encouraged investor confidence.<BR><BR>The stock reached an intraday high of Rs 129.45, marking a significant increase of 7.52% during the day. Furthermore, there has been a notable increase in investor participation, with delivery volume on 17 March rising by 57.02% compared to the five-day average. This surge in trading activity suggests heightened interest from investors, contributing to the stock's price increase.<BR><BR>In terms of performance metrics, Nelcast Ltd. has demonstrated strong returns over various periods, including a year-to-date increase of 20.75% and a one-year increase of 57.22%, significantly outperforming the Sensex, which has seen a decline of 9.99% and a slight increase of 1.86%, respectively. The stock's moving averages are also higher than the 5-day, 20-day, 50-day, and 100-day averages, although lower than the 200-day average, indicating a generally positive short to medium-term trend.<BR><BR>Overall, the combination of improved sector performance, increased trading volume, and positive historical returns has contributed to the rising stock price of Nelcast Ltd.

Why is Nelcast Ltd. falling/rising?

As of 19-Mar, Nelcast Ltd. is experiencing a decline in its stock price, currently at 119.15, reflecting a drop of -5.7%. The stock has shown high volatility and underperformed its sector, contributing to negative investor sentiment despite a year-to-date increase.

As of 19-Mar, Nelcast Ltd. is experiencing a decline in its stock price, currently at 119.15, which reflects a change of -7.2 or -5.7%. This drop can be attributed to several factors observed in the trading data. <BR><BR>Today, the stock opened with a gain of 2.49%, reaching an intraday high of Rs 129.5, but subsequently fell to a low of Rs 118.7, indicating high volatility with an intraday volatility of 5.72%. The performance today shows that the stock underperformed its sector by -1.6%, which may have contributed to the negative sentiment surrounding it. <BR><BR>Additionally, the broader market context reveals that the Castings/Forgings sector has fallen by -4.11%, which could be impacting investor confidence in Nelcast Ltd. Furthermore, despite a year-to-date increase of +14.18%, the stock has shown a decline of -3.91% over the past week, suggesting recent weakness in performance relative to the market. <BR><BR>While there has been a rise in investor participation, with delivery volume increasing by 46.43% against the 5-day average, the overall trend and sector performance indicate that Nelcast Ltd. is currently facing downward pressure in its stock price.

Why is Nelcast Ltd. falling/rising?

As of 20-Mar, Nelcast Ltd.'s stock price is at 118.70, down 0.59%, with a notable decline of 6.05% over the last two days. Despite a year-to-date increase of 13.75%, recent trends show falling investor participation and volatility, contributing to the current downward trend.

As of 20-Mar, Nelcast Ltd.'s stock price is currently at 118.70, reflecting a decrease of 0.7, or 0.59%. The stock has been experiencing a decline, having lost 6.05% over the last two days. This consecutive fall is notable, especially as the stock's performance today is described as inline with the sector. <BR><BR>In terms of broader performance, the stock has shown mixed results over various periods. Over the past week, it has decreased by 2.98%, while it has gained 0.05% over the past month. Year-to-date, the stock has performed well with a 13.75% increase, contrasting with a 12.54% decline in the Sensex. However, the stock's performance over the last year shows a significant gain of 33.37%, which is much better than the Sensex's decline of 2.38%.<BR><BR>The stock's moving averages indicate that it is currently above the 20-day, 50-day, and 100-day moving averages but below the 5-day and 200-day moving averages, suggesting some volatility in recent trading. Additionally, there has been a decline in investor participation, with delivery volume dropping by 9.39% compared to the 5-day average, which may indicate reduced interest from investors. <BR><BR>Overall, the combination of recent price declines, falling investor participation, and the stock's performance relative to moving averages contributes to the current downward trend in Nelcast Ltd.'s stock price.

Which are the latest news on Nelcast?