Nelcast Limited is an India-based iron castings manufacturer specializing in the production of ductile and grey iron castings. The company is a leading manufacturer, supplying high-quality components for the automotive, agricultural, and industrial sectors. Nelcast is recognized as the largest Jobbing Foundry in India for manufacturing Ductile & Grey Iron Castings.
Beyond its strong domestic presence, Nelcast also operates in North America, Europe, and Southeast Asia. The company caters to a marquee clientele of original equipment manufacturers (OEMs) and tier-1 customers across various segments, including commercial vehicles, tractors, off-highway equipment, railways, and passenger vehicles. This strategic positioning enables the company to serve diverse industrial applications with specialized, high-quality casting solutions.
Nelcast operates with an aggregate installed production capacity of approximately 160,000 metric tons per annum. The company has three state-of-the-art factories located at Ponneri in Tamil Nadu, and at Gudur and Pedapariya in Andhra Pradesh. This multi-location manufacturing setup enhances operational flexibility and allows the company to efficiently serve customers across different geographical regions.
The company's diverse product portfolio includes commercial components, tractor/farm equipment parts, off-highway/army components, railway components, SUV/car components, and powertrain components. This broad range demonstrates Nelcast's capability to address various industrial segments with specialized casting requirements.
As of May 21, 2025, Nelcast Ltd (NELCAST) has a market capitalization of ₹1,050.37 Crore. The company reported an operating revenue of Rs. 1,251.68 Crore on a trailing 12-month basis. Nelcast's consolidated net sales for March 2025 reached Rs 329.75 crore, marking an 11.6% increase year-over-year (YoY).
Nelcast Ltd demonstrated strong financial performance in Q4 FY25. The company's net profit significantly jumped by 167.06% compared to the same period last year, reaching ₹13.54 Crore. Quarterly, net profits surged by 126.42% since the previous quarter, with EBITDA also rising by 77.67%.
- Market Capitalization: ₹1,050.37 Crore (as of 21st May 2025)
- Operating Revenue: ₹1,251.68 Crore (trailing 12-month)
- Q4 FY25 Net Sales: ₹329.75 Crore (+11.6% YoY)
- Q4 FY25 Net Profit: ₹13.54 Crore (+167.06% YoY)
- Pre-tax Margin: 4% (needs improvement)
- Return on Equity (ROE): 6% (fair but needs improvement)
- Debt to Equity Ratio: 12% (signals a healthy balance sheet)
- 52-week High: ₹163.70
- 52-week Low: ₹78.55
- P/E Ratio: 28.17
- P/B Ratio: 2.01
- Current Dividend Yield: 0.41%
Nelcast Ltd's stock has shown varied performance across different timeframes. The 52-week high for NELCAST is ₹163.70, and the 52-week low is ₹78.55. The company's P/E (price-to-earnings) ratio stands at 28.17, with a P/B (price-to-book) ratio of 2.01. The current dividend yield is 0.41%.
- Last Month (BSE): Share price moved up by 28.87%.
- Last 3 Months (BSE): Share price moved up by 12.01%.
- Last 12 Months (BSE): Share price moved down by 16.06%.
- Last 3 Years (BSE): Share price moved up by 89.70%.
Promoter holding in Nelcast Ltd has remained stable at 74.87% as of March 2025, consistent with the June 2024 figures. This stable promoter holding indicates strong management confidence in the company's future prospects and long-term vision.
Nelcast Ltd (NELCAST) is categorized under the Materials sector, specifically within the Iron & Steel sub-sector. The company's established position as India's largest jobbing foundry provides a significant competitive advantage in the iron casting industry. It efficiently serves both domestic and international markets, offering robust and durable casting solutions for heavy-duty applications across various industrial segments.
The Board of Directors of Nelcast Ltd, in its meeting held on May 14, 2025, recommended a final dividend of ₹0.5 per equity share (i.e., 25%). This recommendation is subject to the approval of shareholders, demonstrating the company's commitment to returning value to its shareholders.
Nelcast's established presence in the iron casting industry, combined with its diverse product portfolio and strategically located manufacturing facilities, positions it well to capitalize on the growing demand from the automotive, industrial, and infrastructure sectors in both Indian and international markets.
