Nelcast
NSE: NELCAST · Castings & Forgings
Snapshot
Unlock Nelcast's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Nelcast Limited is an Indian manufacturer specialising in ductile and grey iron castings for the automotive, tractor, construction, mining, and railway sectors. The company produces a diverse range of components, including suspension brackets, differential carriers, and powertrain parts for both domestic and international markets.
Business Model
The company operates as a B2B supplier, generating revenue through the high-volume manufacturing and sale of precision-engineered iron castings. It leverages long-term relationships with original equipment manufacturers (OEMs) across multiple industrial verticals.
- Incorporation Year:1982
Growth Outlook
Growth is driven by the expansion of the automotive and tractor industries, alongside increasing demand for specialised railway infrastructure components. The company continues to focus on diversifying its product portfolio to cater to evolving requirements in the off-highway and SUV segments.
Key Risks
- Cyclical Industry Exposure. The company's performance is highly sensitive to cyclical downturns in the automotive and tractor manufacturing sectors.
- Raw Material Price Volatility. Fluctuations in the prices of pig iron, scrap, and coke can significantly impact operating margins.
- Input Cost Inflation. Rising energy and logistics costs pose a risk to the profitability of energy-intensive casting operations.
- Customer Concentration. Heavy reliance on a limited number of large OEM clients may lead to revenue volatility if key contracts are lost or production volumes decline.
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Key Metrics
REVENUE
₹1,338 Cr
TTM · consolidated
NET PROFIT
₹41 Cr
TTM · consolidated
EPS
₹4.73
TTM · consolidated
RETURN ON EQUITY
7.1%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
12.5%
TTM · consolidated
P/E
24.7x
Q1 FY27 · consolidated
EV/EBITDA
10.6x
Q1 FY27 · consolidated
EBITDA MARGIN
8.4%
TTM · consolidated
NET PROFIT MARGIN
1.5%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.4x
Q1 FY27 · consolidated
Peers · Castings & Forgings
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
NelcastNELCAST | ₹1,018 Cr | 24.73 | 10.61 | 4.2% | 8.4% | 7.1% | 12.5% | -20.7% |
Investment & Precision Castings LimitedINVPRECQ | ₹1,274 Cr | 108.30 | 41.76 | 15.1% | 17.0% | 12.5% | 20.7% | +177.4% |
Synergy Green Industries LimitedSGIL | ₹942 Cr | -106.54 | 28.76 | -2.5% | 11.6% | -8.1% | 6.9% | +12.8% |
Tirupati ForgeTIRUPATIFL | ₹892 Cr | 140.92 | 46.62 | — | 11.7% | 5.1% | 8.1% | +70.0% |
Neetu YoshiNEETUYOSHI | ₹723 Cr | — | — | — | 31.0% | — | — | +43.7% |
Magna Electro Castings Ltd.MAGNAELQ | ₹602 Cr | 32.60 | 17.54 | 11.3% | 17.8% | 13.9% | 17.9% | +22.1% |
As of Q1 FY27
Financials
Nelcast
NSE: NELCAST · Castings & Forgings
Snapshot
Unlock Nelcast's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Nelcast Limited is an Indian manufacturer specialising in ductile and grey iron castings for the automotive, tractor, construction, mining, and railway sectors. The company produces a diverse range of components, including suspension brackets, differential carriers, and powertrain parts for both domestic and international markets.
Business Model
The company operates as a B2B supplier, generating revenue through the high-volume manufacturing and sale of precision-engineered iron castings. It leverages long-term relationships with original equipment manufacturers (OEMs) across multiple industrial verticals.
- Incorporation Year:1982
Growth Outlook
Growth is driven by the expansion of the automotive and tractor industries, alongside increasing demand for specialised railway infrastructure components. The company continues to focus on diversifying its product portfolio to cater to evolving requirements in the off-highway and SUV segments.
Key Risks
- Cyclical Industry Exposure. The company's performance is highly sensitive to cyclical downturns in the automotive and tractor manufacturing sectors.
- Raw Material Price Volatility. Fluctuations in the prices of pig iron, scrap, and coke can significantly impact operating margins.
- Input Cost Inflation. Rising energy and logistics costs pose a risk to the profitability of energy-intensive casting operations.
- Customer Concentration. Heavy reliance on a limited number of large OEM clients may lead to revenue volatility if key contracts are lost or production volumes decline.
Start your research today
Unlock AI insights, financials, peers and live data on Nelcast and 5,000+ companies — free.
Key Metrics
REVENUE
₹1,338 Cr
TTM · consolidated
NET PROFIT
₹41 Cr
TTM · consolidated
EPS
₹4.73
TTM · consolidated
RETURN ON EQUITY
7.1%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
12.5%
TTM · consolidated
P/E
24.7x
Q1 FY27 · consolidated
EV/EBITDA
10.6x
Q1 FY27 · consolidated
EBITDA MARGIN
8.4%
TTM · consolidated
NET PROFIT MARGIN
1.5%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.4x
Q1 FY27 · consolidated
Peers · Castings & Forgings
As of Q1 FY27