Nelcast Ltd.

150.75 -1.10 ▼-0.7%

18 April 2024, 04:01:00 PM
Volume: 2,667

Company Profile

Sector Automobile & Ancillaries Sector Icon Automobile & Ancillaries Compare with Sector peers
Industry Castings/Forgings Industry Icon Castings/Forgings Compare with Industry peers
Website http://www.nelcast.com
Market Cap 1,322.85 Cr.
Enterprise Value(EV) 1,522.25 Cr. 2023-09
Financial Indicators
Earnings per share (EPS) 6.19 Trailing Twelve Months Ending 2023-12
Price-Earning Ratio (PE) 24.57 Trailing Twelve Months Ending 2023-12
Industry PE 31.27 Trailing Twelve Months Ending 2023-12
Book Value / Share 59.07 Trailing Twelve Months Ending 2023-12
Price to Book Value 2.57 Calculated using Price: 152.05
Dividend Yield 0.26 Period Ending 2023-03
No. of Shares Subscribed 8.70 Cr. 87,001,200 Shares
FaceValue 2
About Nelcast Ltd.
Established in 1985, Nelcast has since been a significant and diligent participant in the ferrous casting industry, producing superior quality castings for many an industry. Nelcast has shown an astounding growth rate, growing 140 times its original size to reach its current capacity of 84,000 MT. It plans to double that capacity in about two years.

Nelcast Ltd. Delivery

Delivered Qty
Traded Qty

Nelcast Ltd. Performance

1 Day
-0.72%
1 Week
+0.84%
1 Month
+15.83%
3 Month
-7.46%
6 Month
-3.70%
1 Year
+60.32%
2 Year
+109.38%
5 Year
+104.68%
10 Year
+638.97%

Nelcast Ltd. Fundamental Ratios

9 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03 2022-03 2023-03
Return on Equity (%) 8 10.86 10.55 10.7 10.02 8.83 2.13 3.26 6.53
Return on Capital Employed (%) 10.67 14.26 14.18 14.04 12.58 6.99 4.58 6.57 9.58
Return on Assets (%) 4.64 6.35 6.39 6.38 5.37 4.62 1.12 1.58 2.99

Nelcast Ltd. Balance Sheet

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-09* Rs. Cr.
Shh. Funds 282 305 339 367 395 420 430 442 468 488
Non Curr. Liab. 57 45 40 71 138 175 145 178 145 146
Curr. Liab. 147 165 166 198 246 181 262 340 413 422
Minority Int. 2 2 2 3 3 3 3 3 3 3
Equity & Liab. 487 517 546 639 782 779 840 963 1,028 1,059
Non Curr. Assets 272 287 286 322 431 474 474 484 488 493
Curr. Assets 215 230 260 317 351 305 365 479 540 567
Misc. Exp. not W/O
Total Assets 487 517 546 639 782 779 840 963 1,028 1,059

Nelcast Ltd. Profit and Loss

Particulars 10 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr. 2023-12 Rs. Cr. TTM
Net Sales 545 561 575 745 856 567 615 927 1,264 1,285
Other Income 7 5 7 7 9 14 5 9 16 13
Total Income 552 565 582 751 865 580 620 937 1,280 1,297
Total Expenditure -500 -497 -511 -674 -781 -519 -569 -869 -1,185 -1,189
PBIDT 52 69 71 78 84 62 51 67 96 108
Interest -10 -9 -9 -6 -9 -13 -17 -26 -31 -32
Depreciation -13 -13 -13 -16 -17 -19 -22 -23 -24 -25
Taxation -8 -14 -15 -19 -19 5 -3 -5 -11 -15
Exceptional Items 17
PAT 22 32 34 38 38 36 9 14 30 54
Minority Interest
Share Associate
Other Related Items -1 0
Consolidated Net Profit 22 32 34 38 38 36 10 13 29 54
Adjusted EPS 3 4 4 4 4 4 1 2 3 6

Nelcast Ltd. Cash Flow

Particulars 10 years 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2022-03 Rs. Cr. 2023-03 Rs. Cr.
Cash Fr. Operatn. 45 26 47 28 33 75 32 83 -13 80
Cash Fr. Inv. -22 -22 -30 -10 -44 -125 -63 -18 -32 -23
Cash Fr. Finan. -18 -6 -16 -17 19 44 27 -51 2 -71
Net Change 5 -1 0 1 8 -7 -4 14 -42 -13
Cash & Cash Eqvt 54 52 53 -20 -12 -19 -23 -9 -51 -65

Nelcast Ltd. Shareholding Pattern

9 Qtrs 2022-03 (%) 2022-06 (%) 2022-09 (%) 2022-12 (%) 2023-03 (%) 2023-06 (%) 2023-09 (%) 2023-12 (%) 2024-03 (%)
Promoter 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.87 74.87
Public 25.13 25.13 25.13 25.13 25.13 25.13 25.13 25.13 25.13
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
No. of Shareholders (in Lacs)

Nelcast Ltd. Announcements

Thu, 11 Apr 2024
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompanyNELCAST LTD.
2CIN NO.L27109AP1982PLC003518
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 77.05
4Highest Credit Rating during the previous FY ICRA-A
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)ICRA LIMITED
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: S K Sivakumar
Designation: Company Secretary
EmailId: sivakumar@nelcast.com
Name of the Chief Financial Officer: S K SIVAKUMAR
Designation: CFO
EmailId: nelcast@nelcast.com

Date: 11/04/2024

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Thu, 11 Apr 2024
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1 Name of Company NELCAST LTD.
2 CIN NO. L27109AP1982PLC003518
3 Report filed for FY 2023-2024
Details of the Current block (all figures in Rs crore):
4 2 - year block period (Specify financial years)* 0
5 Incremental borrowing done in FY (T)(a) 0.00
6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00
7 Actual borrowing done through debt securities in FY (T)(c) 0.00
8 Shortfall in the borrowing through debt securities if any for FY (T - 1) carried forward to FY (T) (d) 0
8Quantum of (d) which has been met from (c)(e)* 0
9 Shortfall if any in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative write nil}* 0


Details of penalty to be paid if any in respect to previous block (all figures in Rs crore):
2 - year Block period (Specify financial years)0
Amount of fine to be paid for the block if applicable Fine = 0.2% of {(d) - (e)}#0.00



Name of the Company Secretary :-S K Sivakumar
Designation :-Company Secretary
Name of the Chief Financial Officer :- S K SIVAKUMAR
Designation : -CFO

Date: 11/04/2024

Mon, 08 Apr 2024
Compliance Certificate Under Reg 40(10)
Compliance Certificate Under Reg 40(10)

Nelcast Ltd. Technical Scans

Thu, 18 Apr 2024
High Increase in 1 Month High Increase in 1 Month
High Increase in 1 Year High Increase in 1 Year
High Increase in 2 Years High Increase in 2 Years
High Increase in 5 Years High Increase in 5 Years
CCI Overbought Zone CCI Overbought Zone

Nelcast Ltd. Related Stocks

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. 389,742.86 12,403.65 -0.8%
Tata Motors Ltd. 322,868.01 971.40 -2.1%
Bajaj Auto Ltd. 251,757.32 9,062.00 +1.6%
Mahindra & Mahindra Ltd. 251,708.89 2,029.50 -0.1%
Eicher Motors Ltd. 119,175.27 4,352.55 -0.2%
TVS Motor Company Ltd. 92,126.52 1,947.70 -1.4%
Bosch Ltd. 88,214.15 29,954.00 -0.1%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 32.03 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-12 16.64 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-12 34.01 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-12 22.57 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-12 31.07 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-12 56.33 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-12 37.94 29,954.00 -0.1%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-12 4.77 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-12 5.34 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-12 8.03 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-12 3.98 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-12 7.09 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-12 13.46 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-12 7.29 29,954.00 -0.1%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 0.02 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 2.78 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 0.00 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 1.58 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 0.01 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 3.93 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 0.00 29,954.00 -0.1%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 5.24 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 13.14 29,954.00 -0.1%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 14.02 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 5.24 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 20.50 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 22.09 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 21.19 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 26.44 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 13.14 29,954.00 -0.1%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 117,571.30 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 345,966.97 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 36,455.38 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 121,268.55 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 14,442.18 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 31,973.99 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 14,929.30 29,954.00 -0.1%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Maruti Suzuki India Ltd. Consolidated 2023-03 8,211.00 12,403.65 -0.8%
Tata Motors Ltd. Consolidated 2023-03 2,353.49 971.40 -2.1%
Bajaj Auto Ltd. Consolidated 2023-03 6,060.21 9,062.00 +1.6%
Mahindra & Mahindra Ltd. Consolidated 2023-03 11,374.48 2,029.50 -0.1%
Eicher Motors Ltd. Consolidated 2023-03 2,913.94 4,352.55 -0.2%
TVS Motor Company Ltd. Consolidated 2023-03 1,309.46 1,947.70 -1.4%
Bosch Ltd. Consolidated 2023-03 1,424.30 29,954.00 -0.1%

Nelcast Ltd. FAQ's

What is Nelcast share price?

Can I buy Nelcast shares now?

What is the Dividend Yield of Nelcast?

What is the Market Cap of Nelcast?

What are the key metrics to analyse Nelcast?

What is the 52 Week High and Low of Nelcast?

What is the trend of Nelcast share price?