Nelcast

Which are the latest news on Nelcast?

Why is Nelcast Ltd. falling/rising?

As of 06-Aug, Nelcast Ltd. is experiencing a slight decline in its stock price to 125.05, following a trend reversal after four days of gains. Despite this recent drop, the stock has increased by 8.55% over the past week, indicating ongoing investor interest despite longer-term challenges.

As of 06-Aug, Nelcast Ltd. is experiencing a slight decline in its stock price, currently at 125.05, which reflects a change of -0.5 (-0.4%). This drop follows a trend reversal after four consecutive days of gains, indicating a potential shift in market sentiment. Additionally, the stock has underperformed its sector by 0.62% today.<BR><BR>Despite the recent decline, the stock has shown a positive performance over the past week, with an increase of 8.55%, while the benchmark Sensex only rose by 1.32%. However, over the longer term, the stock has faced challenges, with a significant decline of 11.31% over the past month and a year-over-year drop of 26.05%. <BR><BR>Investor participation appears to be rising, as evidenced by a delivery volume of 78.3k on 05 Aug, which is up by 13.52% compared to the five-day average. This suggests that while the stock is currently falling, there is still interest from investors. The stock's liquidity remains adequate for trading, which may help stabilize its price in the near term.<BR><BR>Overall, the combination of a recent price drop after a series of gains, underperformance against the sector, and mixed longer-term performance metrics contribute to the current decline in Nelcast Ltd.'s stock price.

Should I buy, sell or hold Nelcast Ltd.?

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.

How big is Nelcast?

As of 10th June, Nelcast Ltd. has a market capitalization of 1,265.00 Cr, with net sales of 1,328.40 Cr and a net profit of 48.43 Cr reported in the latest four quarters.

As of 10th June, Nelcast Ltd. has a market capitalization of 1,265.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Nelcast reported net sales of 1,328.40 Cr and a net profit of 48.43 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 552.89 Cr and total assets of 1,164.39 Cr.

Who are in the management team of Nelcast?

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. Key members are A Balasubramanian, P Divya, Maheshwari Mohan, and Ranganathan Sridharan.

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 have any more questions about Nelcast or its management, feel free to ask!

Who are the peers of the Nelcast?

Nelcast's peers include AIA Engineering, Happy Forgings, Balu Forge, Steelcast, and others. In terms of management risk, AIA Engineering and Steelcast are excellent, while Nelcast is average; Happy Forgings leads in 1-year return at 40.71%, while Nelcast's return is 5.50%.

Peers: The peers of Nelcast are AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, ANB Metal, and Tirupati Forge.<BR><BR>Quality Snapshot: Excellent management risk is observed at AIA Engineering, Steelcast, and the rest. Average management risk is found at Happy Forgings, Balu Forge, Amic Forging, Nelcast, Synergy Green, Inv.& Prec.Cast., Magna Electrocas, ANB Metal, and Tirupati Forge. Below Average growth is noted at AIA Engineering, Happy Forgings, Synergy Green, and the rest. Good growth is seen at Balu Forge, Steelcast, Amic Forging, Nelcast, Magna Electrocas, ANB Metal, Tirupati Forge, and the rest. Excellent capital structure is present at AIA Engineering, Happy Forgings, Balu Forge, Steelcast, Amic Forging, Magna Electrocas, and the rest, while Nelcast, Synergy Green, Inv.& Prec.Cast. have Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Happy Forgings at 40.71%, while Balu Forge has the lowest at -42.92%. Nelcast's own 1-year return is 5.50%, which is significantly lower than that of Happy Forgings but higher than Balu Forge. Additionally, the peers with negative six-month returns include Balu Forge and Magna Electrocas.

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

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.