Nelcast Limited

Nelcast Limited

121.30
INR
-3.10
(-2.49%)
5.62EPS
24.03P/E
11.75BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
59.31
62.58
64.39
66.04
85.58
98.42
65.14
70.22
105.85
144.6
144.55
142.55
151.58
157.75
Basic EPS, GAAP
2.59
2.52
3.66
3.92
4.4
4.42
4.14
1.04
1.64
3.42
6.25
4.29
5.57
5.62
Free Cash Flow per Basic Share
-2.24
0.4
1.58
1.71
-1.33
-5.94
-4.01
-10.39
-6.24
6.96
-4.96
1.34
8.49
- -
Dividend per Share
0.82
0.84
0.96
0.48
1.08
1.21
1.21
- -
0.2
0.3
0.4
0.4
0.5
- -
Book Value per Share
30.68
32.37
35.55
38.97
42.23
45.42
48.3
49.44
50.77
53.84
59.68
63.55
68.58
- -
Tangible Book Value per Share
30.57
32.31
35.5
38.95
42.2
45.33
48.22
49.37
50.7
53.8
59.65
63.53
68.52
- -
Basic Weighted Avg Shares
87
87
87
87
87
87
87
87
87
87
87
87
87
87
Sales/Revenue/Turnover
5,152
5,449
5,607
5,746
7,445
8,563
5,668
6,110
9,209
12,580
12,576
12,402
13,188
13,707
Operating Margin (%)
7.16
6.11
9.21
9.13
7.69
7.28
5.97
4.04
3.9
4.43
5.42
5.17
6.34
5.97
Depreciation Expense
128
127
129
134
159
175
185
217
226
240
241
248
270
273
Net Income, GAAP
225
219
319
341
383
384
360
90
142
297
544
373
484
488
Effective Tax Rate (%)
38.02
25.74
31.01
30.67
32.91
33.4
- -
26.42
25.33
26.25
20.7
24.36
25.42
25.21
Profit Margin (%)
4.37
4.03
5.68
5.94
5.14
4.49
6.35
1.48
1.54
2.36
4.33
3.01
3.67
3.56
Working Capital
828
680
668
947
1,191
1,050
1,234
1,030
1,388
1,278
1,413
1,331
1,566
- -
LT Debt
436
225
65
- -
300
909
1,410
1,075
1,374
1,007
980
686
369
- -
Total Equity
2,676
2,832
3,109
3,407
3,702
3,979
4,229
4,328
4,444
4,711
5,219
5,556
5,994
- -
Return on Invested Capital (%)
6.71
6.99
9.23
8.81
8.68
7.78
- -
2.82
3.86
5.44
8.43
5.99
7.26
- -
Return on Capital (%)
7.75
7.92
9.52
9.39
9.15
7.97
- -
2.95
4.31
6.31
9.06
6.7
7.56
- -
Return on Common Equity (%)
8.68
8
10.79
10.52
10.83
10.08
8.83
2.13
3.26
6.53
11.02
6.96
8.43
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
2,203
- -
LT Borrowings
- -
369
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
87
87
87
Market Capitalization
9,079
9,949
11,745

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
6,680
- -
Cash, Cash Equivalents & STI
- -
1,035
- -
Accounts Receivable, Net
- -
3,561
- -
Inventories
- -
1,909
- -
Total Current Liabilities
- -
5,114
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
2,203
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.81%
6.76%
7.87%
Free Cash Flow
28.77%
-2.92%
535.12%
Net Income, GAAP
18.62%
49.55%
29.88%
Sales/Revenue/Turnover
11.33%
18.45%
6.33%
Total Cash Common Dividend
- -
- -
25%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,001
3,304
2,914
3,298
12,402
2026
3,319
- -
3,296
3,682
13,188
2027
3,410
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.91
1.13
0.69
1.56
4.29
2026
1.44
- -
1.83
1.76
5.57
2027
0.59
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.4
2026
- -
- -
- -
- -
0.5
2027
- -
- -
- -
- -
- -

Company Description

CEO
Ponnavolu Deepak
Full Time Employees
2,100
Sector
Non-energy minerals
Industry
Steel
Address
159, T.T.K. Road Chennai TN India 600018
IPO Date
Jun 4, 2007
Business
Nelcast Limited manufactures ductile and grey iron castings for the global automotive, tractor, construction, mining, railways, and general engineering sectors; its core products include commercial vehicle components such as bogie suspension brackets, engine and transmission housings, steering and cab mounting brackets, differential carriers, wheel hubs, bearing caps, brake drums, and rotors; tractor and farm equipment parts like hydraulic lift covers, axles, front engine supports, and clutch housings; off-highway and army components encompassing transmission cases, converter housings, planetary carriers, and axle housings; railway products comprising brake discs and ballastless track base plates; SUV and car parts including case bodies, caps, and drive heads; and powertrain elements such as gearbox housings, flywheel housings, and exhaust manifolds. The company produces castings ranging from 1.5-200 kg in ductile iron and 35-250 kg in grey iron across standard grades, highly pearlitic variants for brakes, high silicon-molybdenum for high-temperature applications, austempered ductile iron, solution-strengthened ferritic grades, and low-temperature impact-resistant types. Founded in 1982 and headquartered in Chennai, India, with manufacturing plants in Gudur and Pedapariya, Andhra Pradesh, and Ponneri, Tamil Nadu, totaling 160,000 metric tons annual capacity, Nelcast serves leading OEMs and Tier-1 suppliers including TAFE, Tata Motors, Ashok Leyland, Volvo-Eicher, Daimler, Dana, Meritor, and Wabtec across India, Europe, North America, and Southeast Asia. Recent developments include the commissioning of its third high-pressure automated moulding line and start of production at the Pedapariya plant in 2018, along with obtaining IATF 16949 certification that year, ISO 50001 for energy management in 2016, and DSIR recognition for its in-house R&D facility in 2014; the company plans to commission an in-house solar plant at Pedapariya and reported consolidated net profit of Rs 4.76 crore for the September 2025 quarter despite a sales decline.