1. Is Nelcast Ltd a good quality company?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Nelcast Ltd is a below average quality company.
2. Is Nelcast Ltd undervalued or overvalued?
The key valuation ratios of Nelcast Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
3. Is Nelcast Ltd a good buy now?
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.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||6%||7.7%||7.8%||9.8%||9.9%||9.2%||8.3%||6.6%||3.2%||4.1%||-|
|Value Creation Index ⓘ||-0.6||-0.5||-0.4||-0.3||-0.3||-0.4||-0.4||-0.5||-0.8||-0.7||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||1.5%||5.8%||2.9%||2.5%||29.6%||15%||-33.8%||8.5%||50.8%||-|
|Adj EPS ⓘ||1.5||2.6||2.5||3.6||3.9||4.2||4.3||3.7||1||1.2||3.3|
|YoY Gr. Rt. %||-||66.9%||-1.6%||43.5%||8.3%||6.9%||2.6%||-14.6%||-74.2%||22.1%||-|
|BVPS (₹) ⓘ||28.9||30.7||32.4||35.1||39||42.2||45.4||48.3||49.4||50.8||52.7|
|Adj Net Profit ⓘ||13.4||22.4||22||31.6||34.2||36.5||37.5||32||8.2||10.1||29|
|Cash Flow from Ops. ⓘ||60.5||42.8||26||45.2||28||33.3||74.7||31.7||82.6||-12.9||-|
|Debt/CF from Ops. ⓘ||1.5||2.1||3.8||2.1||2.8||2.9||2.7||7.1||2.6||-21.6||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||-3.1%||-21.7%||-35.4%||22.1%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||5.4||8.6||8||10.8||10.6||10.3||9.8||7.9||1.9||2.3||6.4|
|Op. Profit Mgn % ⓘ||6.5||9.4||8.3||11.4||11.2||9.5||8.8||8.5||7.6||6.3||6.5|
|Net Profit Mgn % ⓘ||2.7||4.3||4||5.6||5.9||4.9||4.4||5.7||1.3||1.1||2.6|
|Debt to Equity ⓘ||0.4||0.3||0.4||0.3||0.2||0.3||0.5||0.5||0.5||0.6||0.3|
|Working Cap Days ⓘ||104||91||94||100||110||114||121||180||167||142||149|
|Cash Conv. Cycle ⓘ||29||30||39||44||48||51||61||95||87||73||37|
Return on Equity has increased versus last 3 years average to 6.40%
Debt to equity has declined versus last 3 years average to 0.63
Sales growth is good in last 4 quarters at 35.75%
Sales growth has been subdued in last 3 years 2.69%
Net Profit has been subdued in last 3 years -35.44%
|TTM EPS (₹)||3.3||3.3|
|TTM Sales (₹ Cr.)||1,124||1,124|
|BVPS (₹.) ⓘ||52.7||52.7|
|Reserves (₹ Cr.) ⓘ||441||441|
|From the Market|
|52 Week Low / High (₹)||50.10 / 98.00|
|All Time Low / High (₹)||3.32 / 109.40|
|Market Cap (₹ Cr.)||757|
|Equity (₹ Cr.)||17.4|
|Face Value (₹)||2|
|Industry PE ⓘ||15.8|
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.