Nelcast Limited

Nelcast Limited (NELCAST) is a micro-cap Capital Goods company valued at ₹1,184 crore operating in Castings & Forgings on the NSE and BSE.

Recent price move

Nelcast Limited last traded at ₹136.27, up 4.73% on the day.

Recent developments

On 2026-07-20, the company announced a dividend of ₹0.70 per share, with the ex-date set for the same day. This marks the latest corporate action in the past 12 months.

Financial performance

The company's annual revenue rose 6.1% to ₹1,328 crore, while net profit surged 30.9% to ₹48 crore. However, the latest quarter showed a sharp decline in net profit, falling 58.9% to ₹5 crore compared to the same quarter a year earlier, despite a modest 2.8% increase in revenue.

Valuation multiples

The stock trades at 30.4 times earnings, 1.61 times book value. It yields 0.6%.

Things to watch

The company's return on equity is 0.0%, indicating no return to shareholders despite profitability. The latest quarter's net profit dropped significantly, raising concerns about short-term performance. The stock is 30.1% below its 52-week high, reflecting a notable decline from recent peak levels.

Where it stands

Nelcast Limited reported a strong annual net profit growth of 30.9%, but the latest quarter's net profit fell 58.9%, highlighting a recent dip in performance. The stock is 30.1% below its 52-week high, and return on equity remains at 0.0%, showing no return to shareholders.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.