Nelcast Limited
Nelcast Limited operates in Castings & Forgings, part of the Industrials sector. It booked ₹406 cr of revenue in its latest quarter (Q2 FY27) and kept 4.0% of sales as profit. It is the 6th largest of 9 Castings & Forgings companies we track, by market value.
“Nelcast is among the few companies in the industry capable of meeting the requirements of top global OEMs & Tier 1 manufacturers.”
Healthier than 59% of companies in Industrials, on all six measures of filed financials. Each measure is ranked against the 125–284 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 74
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in NELCAST?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 7%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹406 cr |
| Other Income | ₹4 cr |
| Total Income | ₹410 cr |
| Cost of Materials | ₹178 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Inventory Change (±) | ₹5 cr |
| Employee Benefit Expense | ₹23 cr |
| Finance Costs | ₹7 cr |
| Depreciation & Amortisation | ₹7 cr |
| Other Expenses | ₹168 cr |
| Total Expenses | ₹388 cr |
| Profit before Tax | ₹22 cr |
| Tax Expense | ₹6 cr |
| Net Profit | ₹16 cr |
| Net margin on total income | 4.0% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 368 cr | 341 cr | 406 cr |
| Total income | 371 cr | 345 cr | 410 cr |
| Expenses | 351 cr | 339 cr | 388 cr |
| Profit before tax | 21 cr | 7 cr | 22 cr |
| Tax | 5 cr | 2 cr | 6 cr |
| Net profit (owners' share) | 15 cr | 5 cr | 16 cr |
| Net margin (owners' share, on revenue) | 4.1% | 1.5% | 4.0% |
| EPS (₹) | 1.76 | 0.59 | 1.86 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| PTC Industries Limited | ₹23,920 | ₹35,862 cr | 307.1 | 7.7% | 15.2% | — |
| AIA Engineering Limited | ₹3,390 | ₹31,633 cr | 31.7 | 11.8% | 22.4% | — |
| Happy Forgings Limited | ₹1,767 | ₹16,675 cr | 45.5 | 17.2% | 20.4% | — |
| Balu Forge Industries Limited | ₹487 | ₹5,908 cr | 22.2 | 16.6% | 22.0% | — |
| Steelcast Limited | ₹369 | ₹3,741 cr | 39.4 | 24.0% | 19.0% | — |
| Nelcast Limitedthis company | ₹164 | ₹1,427 cr | 22.0 | 10.6% | 4.0% | — |
| Synergy Green Industries Limited | ₹509 | ₹790 cr | — | -21.4% | -4.4% | — |
| Kalyani Forge Limited | ₹843 | ₹307 cr | 17.1 | 18.8% | 6.7% | — |
| Hilton Metal Forging Limited | ₹15 | ₹79 cr | 11.0 | 4.8% | 3.1% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹0.7 / share | 20 Jul 2026 |
| Dividend | ₹0.5 / share | 25 Jul 2025 |
| Dividend | ₹0.4 / share | 18 Jul 2024 |
| Dividend | ₹0.4 / share | 28 Jul 2023 |
| Dividend | ₹0.3 / share | 26 Jul 2022 |
| Dividend | ₹0.2 / share | 30 Jul 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 9 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.