Nelcast
- Market cap
- ₹ 1,041 Cr.
- P/E
- 25.3x
- P/B
- 1.78x
- 52-week range
- 85.98 – 173.2
- ROE
- 8%
- ROCE
- 11%
- Dividend yield
- 0.6%
- Debt / equity
- 0.43
- Sector
- Industrial Products
- Industry
- Castings & Forgings
- Listed on
- NSE, BSE
About
Nelcast Limited is an India-based company engaged in the business of manufacturing of iron castings. It is engaged in the production of ductile and gray iron castings. Its products cater to the automotive, tractor, construction, mining, railways and general engineering sectors. Its product categories include commercial vehicle components, tractor/farm equipment, off-highway/army components, railways, sports utility vehicle (SUV)/car components and power train components. Its powertrain components include gearbox housin, flywheel housing and exhaust manifold. Its railway products include base plates for balla stless track systems and brake discs. Its SUV/car components include case body, case cap, and drive head. Its tractor/farm components include hydraulic lift cover, axle housing, four-wheel drive, front axle housing, transmission clutch housing, front engine support and others. Its commercial vehicle components include wheel hub, bearing cap, brake drum, brake disc rotor and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Castings & Forgings: 30 companies →Nelcast against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)25.3 against a typical 24.8: pricier than most peers (1st = cheapest).16th of 30
- Sales growth+2.8% against a typical +8% from a year earlier.15th of 23
- Profit growth−58.9% against a typical +4.9% from a year earlier.20th of 22
- Share price, 3 months+8% against a typical −0.8%.9th of 28
- Size₹ 1,041.4 Cr. market value against a typical ₹ 208.1 Cr. (1st = largest).8th of 30
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Adequate safety
Rated A by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]A | Positive | 5 Mar 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 5 Mar 2026 | ▲ Outlook raised | [ICRA]A Outlook Stable → Positive | — | ICRA | ₹ 815 Cr. | |
| 19 Sep 2025 | Rating action | [ICRA]A | — | ICRA | ₹ 780 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 2 Nov 2026Upcoming | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 27 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 18 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 9 Feb 2026 | Financial Results | To consider and approve the Unaudited Financial results of the Company for the Quarter and nine month ended ended December 2025 |
| 30 Oct 2025 | Financial Results | To consider and approve the unaudited financial results for the period ended September 30, 2025 |
| 31 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 14 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 358 | 320 | 295 | 300 | 330 | 291 | 330 | 332 | 299 | 330 | 368 | 341 |
| Expenses | 327 | 295 | 280 | 280 | 309 | 274 | 300 | 304 | 282 | 296 | 336 | 325 |
| Operating Profit | 32 | 26 | 16 | 20 | 21 | 17 | 30 | 28 | 17 | 33 | 32 | 16 |
| OPM % | 8.9% | 8% | 5.3% | 6.7% | 6.5% | 5.9% | 9% | 8.5% | 5.7% | 10.1% | 8.7% | 4.6% |
| Other Income | 4 | 20 | 4 | 4 | 6 | 6 | 5 | 4 | 4 | 3 | 3 | 4 |
| Interest | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 8 | 8 | 7 | 7 |
| Depreciation | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 6 | 7 | 7 | 7 | 7 |
| Profit before tax | 22 | 31 | 6 | 10 | 13 | 8 | 18 | 17 | 6 | 21 | 21 | 7 |
| Tax % | 25.5% | 18.1% | 14.4% | 21.9% | 24% | 25.4% | 25.6% | 24.6% | 25.2% | 25.5% | 26% | 23.2% |
| Net Profit | 17 | 26 | 5 | 8 | 10 | 6 | 14 | 13 | 5 | 16 | 15 | 5 |
| EPS in Rs | 1.91 | 2.93 | 0.58 | 0.91 | 1.13 | 0.69 | 1.56 | 1.44 | 0.55 | 1.83 | 1.76 | 0.59 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 9%
- 5 Years
- 17%
- 3 Years
- 2%
- TTM
- 4%
- 10 Years
- 4%
- 5 Years
- 40%
- 3 Years
- 17%
- TTM
- 1%
- 10 Years
- 7%
- 5 Years
- 8%
- 3 Years
- −3%
- TTM
- —
- 10 Years
- 7%
- 5 Years
- 7%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Nelcast | ₹ 132.00 | ₹ 1,041 Cr. | 25.3x | 1.8x | 8% | — |
| JSW Steel | ₹ 1,187.00 | ₹ 2,90,275 Cr. | 41.6x | 3x | — | 14.8% |
| Lloyds Metals And Energy | ₹ 1,780.40 | ₹ 1,00,195 Cr. | 27.8x | 7.6x | 36.2% | 22.4% |
| Jindal Steel | ₹ 1,012.00 | ₹ 1,04,634 Cr. | 25.9x | 2.1x | 6.9% | 6.3% |
| Jindal Stainless | ₹ 684.00 | ₹ 56,394 Cr. | 18.8x | 3.1x | 17.5% | 7.4% |
| Welspun Corp | ₹ 2,402.00 | ₹ 63,363 Cr. | 25.9x | 4.6x | 19.4% | 9.7% |
Management
- S. K. Sivakumar
- Chief Financial Officer, Compliance Officer, Company Secretary
- P. Deepak
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.