What is Nelcast Ltd (NELCAST) share price return in the past 10 years?

Nelcast Ltd share price has appreciated 8.8% annually (CAGR) over the past ten years.

What is the share price of Nelcast Ltd (NELCAST)?

Company share prices are keep on changing according to the market conditions. The current trading price of Nelcast Ltd (NELCAST) on 02-Jul-2026 16:59:59 at 16:59 is 146.90.

What is the P/E ratio of Nelcast?

The latest standalone P/E ratio of Nelcast as of 02-Jul-2026 is 26.39.

What is the P/B ratio of Nelcast Ltd (NELCAST)?

The latest standalone P/B ratio of Nelcast Ltd (NELCAST) as of 02-Jul-2026 is 2.14.

What is the 52-week high and low of Nelcast Ltd (NELCAST)?

The 52-week high of Nelcast Ltd (NELCAST) is Rs. 180.65 and the 52-week low is Rs. 86.05.

Nelcast Ltd (NELCAST) Share Analysis – Cycle Position, Quality & Valuation Zone & DeciZen Rating

Name: Nelcast Ltd (NELCAST)
Brand: Nelcast

Nelcast Ltd (NELCAST)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532864 NSE: NELCAST Castings/Forgings | Small Cap | Nelcast Share Price

Nelcast Ltd (NELCAST)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532864 NSE: NELCAST Castings/Forgings | Small Cap | Nelcast Share Price

Key Metrics

Valuation Multiples

Market Cap

₹1,278 Cr.

Current Price

₹146.9

52-Week Low / High

₹86 / 181

TTM EPS

₹5.6

TTM Sales

₹1,328 Cr.

Book Value per Share

₹68.6

P/E Ratio

26.39

Lower than its 5-year historical median

Industry PE

42.5

Price to Book (P/B)

2.14

Higher than its 5-year historical median

Price to Sales (P/S)

0.96

Higher than its 5-year historical median

EV/EBITDA

11.65

In line with its 5-year historical median

Dividend Yield

0.48%

Profitability Efficiency

Return on Equity (ROE)

8.43%

Underperforms industry median

Return on Capital Employed (ROCE)

11.46%

In line with industry median

Return on Assets (ROA)

4.11%

Operating Profit Margin

8.3%

Net Profit Margin

3.65%

Gross Profit Margin

6.9%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Improving versus 3-year growth rate

6.13%

Operating Profit Growth (1 Year)

Improving versus 3-year growth rate

24.83%

Net Profit Growth (1 Year)

Improving versus 3-year growth rate

29.87%

Asset Quality

Promoter Holding

74.87%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹579 Cr.

Equity

₹17.4 Cr.

Face Value

₹2

All Time Low / High

₹3.32 / 194.50

Nelcast stock performance

Key Ratios

Check Before You Invest

Quality

Somewhat Good

Check detailed performance

Valuation

Fair

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

Q.1 Is Nelcast Ltd a good quality company?

Nelcast Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Nelcast Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Nelcast Ltd vs industry peers?

Nelcast Ltd revenue CAGR is 17.17%, compared to the industry median CAGR of 7.17%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Nelcast Ltd?

Promoters hold 74.87% of the Nelcast Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Nelcast Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 8.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
ROCE % ⓘ	14.2%	14%	12.6%	7%	4.6%	6.6%	9.6%	12.4%	10%	11.5%	-
Value Creation Index ⓘ	0.0	0	-0.1	-0.5	-0.7	-0.5	-0.3	-0.1	-0.3	-0.2	-
Growth Parameters ⓘ
Sales ⓘ	575	745	856	567	615	927	1,264	1,267	1,252	1,328	1,328
Sales YoY Gr.	-	29.6%	15%	-33.8%	8.5%	50.8%	36.3%	0.2%	-1.2%	6.1%	-
Adj EPS ⓘ	3.9	4.2	4.3	3.7	1	1.2	2.5	4.2	3.1	4.9	5.6
YoY Gr.	-	6.9%	2.6%	-14.6%	-74.2%	22.1%	112.9%	69.2%	-26.6%	59%	-
BVPS (₹) ⓘ	39	42.2	45.4	48.3	49.4	50.8	53.8	59.7	63.6	68.6	68.6
Adj Net Profit ⓘ	34.2	36.5	37.5	32	8.2	10.1	21.5	36.4	26.7	42.4	48
Cash Flow from Ops. ⓘ	28	33.3	74.7	31.7	82.6	-12.9	80.4	20.5	105	91.6	-
Debt/CF from Ops. ⓘ	2.8	2.9	2.7	7.1	2.6	-21.6	3.8	16.1	2.8	2.8	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	9.8%	16.7%	1.7%	6.1%
Adj EPS ⓘ	2.4%	38.7%	25.5%	59%
BVPSⓘ	6.5%	6.8%	8.4%	7.9%
Share Price	8.8%	14.7%	16.9%	-0.5%

Key Financial Parameters ⓘ

	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26	TTM
Return on Equity % ⓘ	10.6	10.3	9.8	7.9	1.9	2.3	4.7	7.4	5	7.4	8.1
Op. Profit Mgn % ⓘ	11.2	9.5	8.8	8.5	7.6	6.3	6.3	7.3	7.1	8.3	8.3
Net Profit Mgn % ⓘ	5.9	4.9	4.4	5.7	1.3	1.1	1.7	2.9	2.1	3.2	3.7
Debt to Equity ⓘ	0.2	0.3	0.5	0.5	0.5	0.6	0.7	0.6	0.5	0.4	0.1
Working Cap Days ⓘ	110	114	121	180	167	142	124	139	157	156	87
Cash Conv. Cycle ⓘ	48	51	61	95	87	73	62	71	76	71	20

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Sales	575	745	856	567	615	927	1,264	1,267	1,252	1,328
Operating Expenses ⓘ +	511	674	781	518	569	869	1,185	1,175	1,163	1,218
Manufacturing Costs	199	242	289	198	195	294	375	427	414	434
Material Costs	244	350	399	240	290	453	633	559	550	581
Employee Cost	41	46	52	47	45	56	64	74	80	90
Other Costs ⓘ	27	36	41	33	39	66	112	114	119	113
Operating Profit ⓘ	64	71	75	48	46	58	79	92	89	110
Operating Profit Margin (%)	11.1%	9.5%	8.8%	8.5%	7.5%	6.3%	6.3%	7.3%	7.1%	8.3%
Other Income ⓘ +	7	7	9	14	5	9	16	14	17	14
Exceptional Items ⓘ	0	0	0	0	0	0	0	18	4	0
Interest ⓘ	9	6	9	13	17	26	31	32	35	33
Depreciation ⓘ	13	16	17	19	22	23	24	24	25	27
Profit Before Tax ⓘ	49	56	57	31	12	19	40	69	49	65
Tax ⓘ	15	19	19	-5	3	5	11	14	12	17
Profit After Tax	34	38	38	36	9	14	30	54	37	48
PAT Margin (%)	5.9%	5.1%	4.5%	6.4%	1.5%	1.5%	2.4%	4.3%	3.0%	3.7%
Adjusted EPS (₹)	3.9	4.3	4.4	4.1	1.0	1.6	3.4	6.3	4.3	5.6
Dividend Payout Ratio (%)	23%	23%	22.80%	0%	19.20%	18.40%	11.70%	6.40%	11.70%	12.60%

Valuation of Nelcast - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Equity and Liabilities
Shareholders Fund +	339	367	395	420	430	442	468	519	553	597
Share Capital ⓘ	17	17	17	17	17	17	17	17	17	17
Reserves ⓘ	322	350	378	403	413	424	451	502	535	579
Debt +	73	98	168	212	181	250	270	297	255	225
Long Term Debt	0	30	91	141	107	137	101	98	69	37
Short Term Debt	73	68	78	71	74	112	169	199	187	189
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	69	94	106	81	128	181	183	217	248	266
Others Liabilities ⓘ	63	77	109	63	98	88	105	96	105	108
Total Liabilities ⓘ	545	637	779	776	837	960	1,026	1,129	1,162	1,196
Fixed Assets
Net Fixed Assets ⓘ +	245	238	291	277	428	441	432	419	473	463
Gross Block	258	267	338	342	505	507	515	524	596	612
Accumulated Depreciation	13	29	46	65	77	66	83	105	123	149
CWIP ⓘ	1	36	91	153	2	1	1	44	2	0
Investments ⓘ	39	39	39	39	39	39	50	51	62	62
Inventories	94	111	142	128	118	159	158	190	180	191
Trade Receivables	76	117	121	113	164	240	256	301	340	356
Cash Equivalents	54	55	59	48	65	61	105	85	78	85
Others Assets ⓘ	37	40	37	18	21	20	24	39	27	38
Total Assets ⓘ	545	637	779	776	837	960	1,026	1,129	1,162	1,196

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Cash Flow From Operating Activity ⓘ +	28	33	75	32	83	-13	80	20	105	92
PBT ⓘ	49	57	58	31	12	19	40	69	49	65
Adjustment ⓘ	16	17	23	24	36	42	53	31	52	58
Changes in Working Capital ⓘ	-24	-23	7	-15	35	-73	-7	-64	9	-18
Tax Paid ⓘ	-13	-18	-13	-8	0	-1	-5	-16	-6	-13
Cash Flow From Investing Activity ⓘ +	-10	-43	-125	-63	-18	-32	-23	-31	-38	-11
Capex	-10	-9	-71	-4	-173	-36	-16	7	-75	-18
Net Investments	-2	-1	0	0	-0	-0	-11	-1	-11	-0
Others ⓘ	2	-34	-54	-59	155	4	4	-36	47	7
Cash Flow From Financing Activity ⓘ +	-17	18	44	27	-51	2	-71	-39	-61	-76
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	61	50	-34	30	-37	-4	-22	-39
Interest Paid ⓘ	-6	-3	-7	-13	-17	-26	-31	-32	-35	-33
Dividend Paid ⓘ	-3	-8	-10	-10	0	-2	-3	-3	-3	-4
Others ⓘ	-7	28	0	-0	0	0	0	-0	0	0
Net Cash Flow ⓘ	1	8	-7	-4	14	-42	-13	-49	6	4

Financial Ratio

PARTICULARS	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	Mar'26
Ratios
ROE (%)	10.55	10.7	10.02	8.83	2.13	3.26	6.53	11.02	6.96	8.43
ROCE (%)	14.18	14.04	12.58	6.99	4.58	6.57	9.58	12.37	9.98	11.46
Asset Turnover Ratio	1.2	1.29	1.21	0.73	0.76	1.03	1.27	1.18	1.09	1.13
PAT to CFO Conversion(x)	0.82	0.87	1.97	0.89	9.22	-0.93	2.67	0.37	2.84	1.92
Working Capital Days
Receivable Days	40.80	46.40	50.80	75.30	82.20	79.60	71.70	80.20	93.40	95.60
Inventory Days	48.10	49.30	53.90	86.90	73.20	54.50	45.80	50.10	53.90	51
Payable Days	88.30	85.50	91.90	141.90	131.30	124.20	104.70	130.40	154.60	161.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nelcast Ltd FAQs

The current trading price of Nelcast on 02-Jul-2026 16:59 is ₹146.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jul-2026 the market cap of Nelcast stood at ₹1,278.1 Cr

The latest P/E ratio of Nelcast as of 01-Jul-2026 is 26.39.

The latest P/B ratio of Nelcast as of 01-Jul-2026 is 2.14.

The 52-week high of Nelcast is ₹180.7 and the 52-week low is ₹86.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nelcast is ₹1,328 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Nelcast Ltd is a average quality company.

The key valuation ratios of Nelcast Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Nelcast Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

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.

Catering to the commercial vehicle Industry since 1985 and the ttractor industry since 1990, Nelcast has diversified into various other industries to increasingly fulfill their casting needs. Today, Nelcast is one of Indiaâ€™s largest suppliers of the finest ductile iron and grey iron castings ranging from 0.5 kgs to 250 kgs in weight. Climbing its way up the ladder of competition, Nelcastâ€™s focus continues to be on meeting international standards of quality at competitive prices.

Given the exacting production processes and the distinct identities and attributes of the final product, the company moved towards accordance with international standards.

Despite its high degree of documented certification, Nelcast continues to nourish its grass root principles of continually maintaining high standards of precision and quality. Nelcast currently supplies components to a wide spectrum of customers and is committed to satisfy the varying and diverse customer requirements. Having been accustomed to variety and challenges Nelcast is incessantly on the look out for even more exacting products.

With two manufacturing units located in Gudur, AP and Ponneri, TN both in South India, Nelcast is one of the largest in the foundry industry. Nelcast has a specific, yet continuous production process that caters to every function needed to produce a technologically acceptable casting component. Complete with melting, moulding and core shops to development and quality control, Nelcast takes every step necessary to creating the right component for every client in the shortest span of time.

Product range of the company includes:

Nelcast products range from industry to industry. Though primarily manufacturing casting components, Nelcast has a wide range of products.

Automobiles

Wheel Hubs
Brake Drums
Differential Carriers & Axle Housing
Slide Support
Shackles
Brackets

Trailers

Foot Mounting & Torque Rod

Engines

Cylinder Blocks
Heads
Fly Wheels
Fly Wheel Housing
Crank Shaft
Bearing Cap
Engine Support
Exhaust Manifolds

Tractors

Transmission Case
Centre Housing
Rear Axle Housing
Hydraulic Lift Cover

Railways

Inserts/Shoulders for Concrete Sleepers

Pipe Fittings

Ductile Iron Fittings - Size4' & Above

Achievements/ recognition:

1994 â€“ ISO 9002 Accreditation
2001 â€“ QS 9000 Accreditation
2005 â€“ TS 16949 Accreditation

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Nelcast Ltd (NELCAST)

Nelcast Ltd (NELCAST)

Nelcast stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Nelcast - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Nelcast Ltd FAQs

What is the share price of Nelcast?

What is the market cap of Nelcast?

What is the P/E ratio of Nelcast?

What is the P/B ratio of Nelcast?

What is the 52-week high and low of Nelcast?

What is the TTM revenue of Nelcast?

Is Nelcast Ltd a good quality company?

Is Nelcast Ltd undervalued or overvalued?

Is Nelcast Ltd a good buy now?

About Nelcast Ltd

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