Nelcast Ltd
NSE: NELCAST BSE: 532864Metal
Nelcast Ltd (NELCAST) is a Metal company listed on NSE: NELCAST | BSE: 532864. With a market cap of ₹1,225 Cr and ROCE of 9.58%, ROE of 6.48%, it operates in the Indian Metal sector.
₹141
52W: ₹86 — ₹181
PE 26.2 · Book ₹65 · +117% vs bookMarket Cap₹1,225 Cr
Stock P/E26.2Price to Earnings
ROCE9.58%Return on Capital
ROE6.48%Return on Equity
Div. Yield0.36%Face Value ₹2
Weaknesses
- −Company has a low return on equity of 7.04% over last 3 years.
Shareholding Pattern
Promoters74.87%
FIIs0.36%
DIIs0.11%
Public24.65%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.87% | 74.87% | 74.87% | 74.87% | 74.87% | 74.87% | 74.87% | 74.87% |
| FIIs | 0.82% | 0.03%▼0.8 | 0%▼0.0 | 0.06%▲0.1 | 0%▼0.1 | 0.79%▲0.8 | 0.45%▼0.3 | 0.36%▼0.1 |
| DIIs | 0.48% | 0%▼0.5 | 0% | 0% | 0% | 0.01%▲0.0 | 0.11%▲0.1 | 0.11% |
| Public | 23.83% | 25.1%▲1.3 | 25.14%▲0.0 | 25.06%▼0.1 | 25.13%▲0.1 | 24.32%▼0.8 | 24.56%▲0.2 | 24.65%▲0.1 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 358 | 320 | 295 | 300 | 330 | 291 | 330 | 332 | 299 | 330 |
| Expenses | 327 | 295 | 280 | 280 | 309 | 274 | 300 | 304 | 282 | 296 |
| Operating Profit | 32 | 26 | 16 | 20 | 21 | 17 | 30 | 28 | 17 | 33 |
| OPM % | 9% | 8% | 5% | 7% | 6% | 6% | 9% | 9% | 6% | 10% |
| Net Profit | 17 | 26 | 5 | 8 | 10 | 6 | 14 | 12 | 5 | 16 |
| EPS ₹ | 1.91 | 2.93 | 0.58 | 0.91 | 1.13 | 0.69 | 1.56 | 1.44 | 0.55 | 1.83 |
AI Insights
Revenue Trend
TTM revenue at ₹1,290Cr, up 3% YoY. OPM at 8%.
Debt Position
Borrowings at ₹292Cr. Debt-to-equity ratio: 0.53x. Moderate leverage.
Capex Cycle
CWIP at ₹2Cr (0% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 0.11% (-0.47pp change). FIIs: 0.36% (-0.43pp change). Promoters hold 74.87%.
Margin & Efficiency
ROCE declining from 11% (Mar 2014) to 10% (Mar 2025). Working capital days: 16.
Valuation
PE 26.2x with 9.58% ROCE. Price is 117% above book value of ₹65. Dividend yield: 0.36%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d
- Announcement under Regulation 30 (LODR)-Newspaper Publication 10 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 May - Nelcast schedules Q4FY26 earnings call on 19 May 2026 at 11:00 AM IST.
- Board Meeting Intimation for To Consider And Approve The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026 2 May - Board meets 18 May 2026 for FY26 audited results and possible dividend; trading window closed from 1 April 2026.
- Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 13 Apr - Nelcast states it is not a large corporate under SEBI framework.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse