Nelcast Ltd.

NELCAST

₹92.93

-0.48% (-0.45)

Market Cap

₹809 Cr.

P/E

28.09

About

Nelcast is the Largest Jobbing Foundry in India for the manufacturing of Ductile & Grey Iron Castings. The company’s products cater to the Global Automotive, Tractor, Construction, Mining, Railways an… Read more

Nelcast is the Largest Jobbing Foundry in India for the manufacturing of Ductile & Grey Iron C… Read more

Low

52W Range

High

166

Timeline

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Forensics

11 Yes

Positive for this company

2 Neutral

Neutral for this company

4 No

Negative for this company

0 No Data

Insufficient data to analyse

Accounting & Shareholding

Contingent Liabilities

Company does not have significant contingent liabilities
Depreciation Effect

Depreciation accounting is not leading to increase in profits
Other Income

Other income is not affecting ratios of the company
Pledge

Promoters have not pledged a significant portion of their holding
Retail Holding

Retail has been selling the stock which is usually a good time to buy
Revenue Recognition

Company is converting accounting profit to cash
Promoter Holding

Promoter has not sold any shares in the last 90 days

Price & Performance

Capex vs ROCE

Roce of the company has increased over the last three years
ROE

Net profit margin is responsible for roe increase over last 10 years
Working Capital

Working capital of the company seems to be under control
Current vs Historic Valuation

Company is trading at a discount to 3yr historic valuations
Sales Growth

Sales of the company has grown at a good pace
Balance Sheet Strength

Balance sheet of the company is moderately strong
Debt

Company might have issues servicing its debt
Share price

Share price has increased over last 10 years but more due to rerating
Margin Stability

Margins of the company are volatile
ROCE Strength

Roce of the company is not consistently strong

Revenue mix

Product Wise Break-Up

Location Wise Break-Up

Customer Segment

Operational Metrics

Manufacturing Capacity - Steel Casting (MTPA)
Source
Capacity Utilization - Die-Casting Division (%)
Source
EBITDA/Tonne - Casting & Forging (Rs/ Tonne)
Source
Quarterly Sales Volume - Casting & Forging (Tonnes)
Source

Peer Comparison

Corporate Actions

Consolidated

DATE

DETAILS

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Suppliers

Goa Carbon Ltd.

Customers

Ashok Leyland Ltd.
Rane Holdings Ltd.
Tata Motors Ltd.
Volvo Eicher
ZF

FAQs on Nelcast Ltd. Business

What does Nelcast do?

Nelcast is the largest jobbing foundry in India specializing in Ductile & Grey Iron Castings catering to the Global Automotive, Tractor, Construction, Mining, Railways, and General Engineering sectors.

Who are the competitors of Nelcast?

Nelcast major competitors are Sansera Engineering, Steelcast, Synergy Green Inds., Rishabh Instruments, Alicon Castalloy, Tirupati Forge, Invts & Precisn Cast.
Market Cap of Nelcast is ₹811 Crs.
While the median market cap of its peers are ₹1,073 Crs.

Is Nelcast financially stable compared to its competitors?

Nelcast seems to be less financially stable compared to its competitors.
Altman Z score of Nelcast is 2.84 and is ranked 8 out of its 8 competitors.

View FAQ's On Shareprice

Global Leaders

Companies with a dominant global position in a product. Might be a sign of very strong moat.

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Discussions & Analysis

Nelcast Ltd.

View the discussion on ValuePickr

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Nelcast Ltd.