About
Nelcast Limited manufactures and sells ductile and grey iron castings in India and internationally. The company offers commercial components, such as bearing cap, rear differential carrier, differential case in plain and flanged, forward differential carrier, wheel hub, brake disc rotor, cast axle housing, suspension arm, bogie suspension bracket, central and outer housings for v-rod suspensions, front node bracket, independent front suspension/air buffer mount, cast axle housing, and engine/steering/cab/suspension bracket; and front engine support, mounting frames, hydraulic lift cover, centre/differential housing, axle housing, four-wheel drive front axle housing, transmission/clutch housing, and quick hitch coupling. It also provides transmission case, converter housing, planetary carrier, steering knuckle, axle housing, central and lateral housing undercarriage beam, and monolithic axle housing; base plates for ballastless track systems and brake discs; differential carrier, differential case, differential cap, case body and cap, and drive head; and exhaust manifold, flywheel housing, gearbox housing, and transmission housing. The company serves original equipment manufacturers and tier-1 customers in commercial vehicle, tractor, off-highway equipment, and railways and passenger vehicle sectors. It also exports its products in North America, Europe and Southeast Asia. Nelcast Limited was incorporated in 1982 and is based in Chennai, India.
Key Metrics
as of Sep 2026Market Cap1,020 Cr
P/E24.80
Div Yield0.60 %
Book Value₹68.60
52w High₹173.00
52w Low₹86.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 341.05 | 368.18 | 329.62 | 298.74 | 331.86 | 329.75 | 291.41 | 330.42 | 300.10 | 295.47 | 320.36 | 358.34 | 292.77 |
| Expenses | 325.29 | 336.29 | 296.33 | 281.65 | 303.63 | 300.07 | 274.15 | 309.05 | 279.90 | 279.92 | 294.76 | 326.56 | 273.43 |
| Operating Profit | 15.76 | 31.89 | 33.29 | 17.09 | 28.23 | 29.68 | 17.26 | 21.37 | 20.20 | 15.55 | 25.60 | 31.78 | 19.34 |
| OPM % | 4.62 | 8.66 | 10.10 | 5.72 | 8.51 | 9.00 | 5.92 | 6.47 | 6.73 | 5.26 | 7.99 | 8.87 | 6.61 |
| Other Income | 4.34 | 2.99 | 2.57 | 4.27 | 4.14 | 4.61 | 5.66 | 6.32 | 4.28 | 4.25 | 19.92 | 4.29 | 3.62 |
| Depreciation | 6.84 | 7.38 | 6.60 | 6.57 | 6.45 | 6.63 | 6.14 | 6.10 | 5.91 | 6.00 | 6.40 | 5.86 | 5.88 |
| Interest | 6.57 | 6.87 | 7.91 | 8.43 | 9.32 | 9.47 | 8.76 | 8.69 | 8.38 | 7.89 | 7.94 | 7.89 | 7.87 |
| Profit before tax | 6.69 | 20.63 | 21.35 | 6.36 | 16.60 | 18.19 | 8.02 | 12.90 | 10.19 | 5.91 | 31.18 | 22.32 | 9.21 |
| Tax % | 23.17 | 25.98 | 25.53 | 25.16 | 24.64 | 25.56 | 25.44 | 23.95 | 21.88 | 14.38 | 18.09 | 25.45 | 22.04 |
| Net Profit | 5.14 | 15.27 | 15.90 | 4.76 | 12.50 | 13.54 | 5.98 | 9.82 | 7.96 | 5.07 | 25.53 | 16.64 | 7.18 |
| EPS in Rs | 0.59 | 1.76 | 1.83 | 0.55 | 1.44 | 1.56 | 0.69 | 1.13 | 0.91 | 0.58 | 2.93 | 1.91 | 0.83 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,328.00 | 1,252.00 | 1,267.00 | 1,264.00 | 927.00 | 615.00 | 567.00 | 856.00 | 745.00 | 575.00 | 561.00 | 545.00 |
| Expenses | 1,218.00 | 1,163.00 | 1,175.00 | 1,184.00 | 869.00 | 569.00 | 518.00 | 780.00 | 673.00 | 510.00 | 497.00 | 500.00 |
| Operating Profit | 111.00 | 89.00 | 92.00 | 80.00 | 59.00 | 46.00 | 48.00 | 76.00 | 72.00 | 64.00 | 64.00 | 45.00 |
| OPM % | 8.00 | 7.00 | 7.00 | 6.00 | 6.00 | 8.00 | 9.00 | 9.00 | 10.00 | 11.00 | 11.00 | 8.00 |
| Other Income | 14.00 | 20.00 | 32.00 | 16.00 | 9.00 | 5.00 | 14.00 | 6.00 | 4.00 | 5.00 | 2.00 | 2.00 |
| Interest | 33.00 | 35.00 | 32.00 | 31.00 | 26.00 | 17.00 | 13.00 | 7.00 | 3.00 | 6.00 | 7.00 | 5.00 |
| Depreciation | 27.00 | 25.00 | 24.00 | 24.00 | 23.00 | 22.00 | 19.00 | 17.00 | 16.00 | 13.00 | 13.00 | 13.00 |
| Profit before tax | 65.00 | 49.00 | 69.00 | 40.00 | 19.00 | 12.00 | 31.00 | 58.00 | 57.00 | 49.00 | 46.00 | 30.00 |
| Tax % | 25.00 | 24.00 | 21.00 | 26.00 | 25.00 | 26.00 | -17.00 | 33.00 | 33.00 | 31.00 | 31.00 | 26.00 |
| Net Profit | 48.00 | 37.00 | 54.00 | 30.00 | 14.00 | 9.00 | 36.00 | 38.00 | 38.00 | 34.00 | 32.00 | 22.00 |
| EPS in Rs | 5.57 | 4.29 | 6.25 | 3.42 | 1.63 | 1.04 | 4.14 | 4.42 | 4.40 | 3.92 | 3.66 | 2.52 |
| Dividend Payout % | 13.00 | 12.00 | 6.00 | 12.00 | 18.00 | 19.00 | 0.00 | 23.00 | 23.00 | 23.00 | 22.00 | 28.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 | 17.00 |
| Reserves | 579.00 | 535.00 | 502.00 | 451.00 | 424.00 | 413.00 | 403.00 | 378.00 | 350.00 | 322.00 | 288.00 | 264.00 |
| Borrowings | 257.00 | 294.00 | 329.00 | 304.00 | 280.00 | 215.00 | 225.00 | 200.00 | 98.00 | 77.00 | 96.00 | 98.00 |
| Other Liabilities | 342.00 | 314.00 | 281.00 | 254.00 | 239.00 | 192.00 | 131.00 | 184.00 | 171.00 | 129.00 | 113.00 | 106.00 |
| Total Liabilities | 1,196.00 | 1,162.00 | 1,129.00 | 1,026.00 | 960.00 | 837.00 | 776.00 | 779.00 | 637.00 | 545.00 | 515.00 | 485.00 |
| Fixed Assets | 463.00 | 473.00 | 419.00 | 432.00 | 441.00 | 428.00 | 277.00 | 291.00 | 238.00 | 245.00 | 248.00 | 232.00 |
| CWIP | 0.00 | 2.00 | 44.00 | 1.00 | 1.00 | 2.00 | 153.00 | 91.00 | 36.00 | 1.00 | 0.00 | 5.00 |
| Investments | 62.00 | 62.00 | 51.00 | 50.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 37.00 | 32.00 |
| Other Assets | 670.00 | 625.00 | 614.00 | 543.00 | 480.00 | 369.00 | 307.00 | 358.00 | 324.00 | 260.00 | 230.00 | 217.00 |
| Total Assets | 1,196.00 | 1,162.00 | 1,129.00 | 1,026.00 | 960.00 | 837.00 | 776.00 | 779.00 | 637.00 | 545.00 | 515.00 | 485.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 92.00 | 105.00 | 20.00 | 80.00 | -13.00 | 83.00 | 32.00 | 75.00 | 33.00 | 28.00 | 45.00 | 26.00 |
| Cash from Investing Activity | -11.00 | -38.00 | -31.00 | -23.00 | -32.00 | -18.00 | -63.00 | -125.00 | -43.00 | -10.00 | -28.00 | -19.00 |
| Cash from Financing Activity | -76.00 | -61.00 | -39.00 | -71.00 | 2.00 | -51.00 | 27.00 | 44.00 | 18.00 | -17.00 | -16.00 | -7.00 |
| Net Cash Flow | 4.00 | 6.00 | -49.00 | -13.00 | -42.00 | 14.00 | -4.00 | -7.00 | 8.00 | 1.00 | 1.00 | 0.00 |
| Free Cash Flow | 76.00 | 72.00 | -15.00 | 64.00 | -48.00 | 62.00 | -35.00 | -52.00 | -10.00 | 17.00 | 21.00 | 12.00 |
| CFO/OP % | 95.00 | 124.00 | 39.00 | 108.00 | -21.00 | 178.00 | 82.00 | 116.00 | 71.00 | 64.00 | 87.00 | 68.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 98.00 | 99.00 | 87.00 | 74.00 | 95.00 | 97.00 | 73.00 | 52.00 | 57.00 | 48.00 | 43.00 | 47.00 |
| Inventory Days | 120.00 | 120.00 | 124.00 | 91.00 | 128.00 | 149.00 | 195.00 | 130.00 | 116.00 | 141.00 | 108.00 | 69.00 |
| Days Payable | 167.00 | 165.00 | 142.00 | 105.00 | 145.00 | 161.00 | 122.00 | 97.00 | 99.00 | 104.00 | 71.00 | 57.00 |
| Cash Conversion Cycle | 51.00 | 54.00 | 69.00 | 60.00 | 77.00 | 85.00 | 145.00 | 84.00 | 75.00 | 85.00 | 80.00 | 59.00 |
| Working Capital Days | 20.00 | 16.00 | 16.00 | 7.00 | 30.00 | 22.00 | 48.00 | 20.00 | 31.00 | 26.00 | 8.00 | 11.00 |
| ROCE % | 11.00 | 10.00 | 10.00 | 10.00 | 7.00 | 5.00 | 7.00 | 12.00 | 14.00 | 14.00 | 14.00 | 9.00 |
Corporate Actions
25 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 20 Jul 2026 | 20 Jul 2026 | — | 0.70 | |
| Dividend | 25 Jul 2025 | 25 Jul 2025 | — | 0.50 | |
| Dividend | 18 Jul 2024 | — | — | 0.40 | |
| Dividend | 28 Jul 2023 | — | — | 0.40 | |
| Dividend | 26 Jul 2022 | — | — | 0.30 | |
| Dividend | 30 Jul 2021 | — | — | 0.20 | |
| Other | 19 Aug 2020 | — | — | — | Annual General Meeting |
| Dividend | 25 Jul 2019 | — | — | 1.00 | |
| Dividend | 06 Aug 2018 | — | — | 1.00 | |
| Dividend | 27 Jul 2017 | — | — | 0.90 | |
| Dividend | 28 Jul 2016 | — | — | 0.40 | |
| Dividend | 22 Mar 2016 | 24 Mar 2016 | — | 0.40 | |
| Dividend | 30 Jul 2015 | — | — | 0.70 | |
| Other | 30 Jul 2015 | — | — | — | Annual General Meeting/ Divided - Re 0.70/- Per Share |
| Dividend | 30 Jul 2014 | — | — | 0.70 | |
| Dividend | 18 Jul 2013 | — | — | 0.50 | |
| Dividend | 19 Jul 2012 | — | — | 0.80 | |
| Dividend | 24 Oct 2011 | 25 Oct 2011 | — | 1.00 | |
| Split | 06 Sep 2011 | 07 Sep 2011 | 10:2 | — | |
| Dividend | 28 Jul 2011 | — | — | 3.00 | |
| Dividend | 25 Jan 2011 | 27 Jan 2011 | — | 12.00 | |
| Dividend | 15 Jul 2010 | — | — | 1.50 | |
| Dividend | 16 Jul 2009 | — | — | 1.00 | |
| Dividend | 22 May 2008 | — | — | 3.00 | NSE/BSE dividend mismatch: NSE=0.6; BSE=3.0 |
| Dividend | 22 May 2008 | — | — | 0.60 | NSE/BSE dividend mismatch: NSE=0.6; BSE=3.0 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update5 Mar from icra
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Rating update19 Sep 2025 from icra
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Rating update27 Mar 2025 from icra
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Rating update28 Mar 2024 from icra
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Rating update14 Mar 2024 from icra
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Rating update22 Mar 2023 from icra