Nelcast Ltd (NELCAST) — shareholding pattern, promoter holding, financials and share price
About Nelcast Ltd (NELCAST)
Nelcast Ltd operates in the Castings & Forgings industry, within the Capital Goods sector. It trades on the NSE as NELCAST and on the BSE under scrip code 532864. Its ISIN is INE189I01024.
Incorporated in 1982, Nelcast Ltd is in the business of manufacturing Iron Castings [1]
Nelcast Limited is an Indian foundry specialising in grey and ductile iron castings for commercial vehicles, tractors, off‑highway equipment, railways and passenger vehicles, with three plants and 160,000 MT per year installed capacity serving OEMs and Tier‑1s across India, North America, Europe and Southeast Asia.
Q3FY26 delivered a sharp operational turnaround: revenue grew 11.8% YoY to INR 332.2 crore, EBITDA improved 56.5% YoY to INR 35.9 crore and PAT jumped 166% YoY to INR 15.9 crore, driven by better product mix, cost recalibration and higher operating efficiency which lifted EBITDA/kg to INR 15.9.
Listed peers in Castings & Forgings: Amic Forging Ltd, Synergy Green Industries Ltd, Investment & Precision Castings Ltd, Neetu Yoshi Ltd, Magna Electro Castings Ltd, Nitin Castings Ltd.
Valuation & Returns
10 Jul 2026At ₹140 a share on 10 Jul 2026, Nelcast Ltd (NELCAST) was valued at a price-to-earnings ratio of 25.15x against an industry P/E of 37x and a price-to-book of 2.04x on a book value of ₹68.58 per share as of Mar 2026. Solomo computes return on equity of 8.12% and return on capital employed of 11.42% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 25.15x
- Industry P/E
- 37x
- P/B
- 2.04x
- EPS (TTM)
- ₹5.57
- Book value / share
- ₹68.58
- ROE
- 8.12%
- ROCE
- 11.42%
- ROA
- 4.04%
- Debt / equity
- 0.43x
- Dividend yield
- 0.36%
- EBITDA margin
- 9.37%
- 52-week range
- ₹86.05 – ₹180.65
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Nelcast Ltd (NELCAST) reported revenue of ₹1,328 crore, net profit of ₹48 crore and earnings per share of ₹5.57. That compares with revenue of ₹1,252 crore and net profit of ₹37 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹368 crore and net profit ₹15 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 927 | 1,264 | 1,267 | 1,252 | 1,328 |
| Net profit (₹ cr) | 14 | 30 | 54 | 37 | 48 |
| EPS (₹) | 1.63 | 3.42 | 6.25 | 4.29 | 5.57 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 8.50% | 16.65% | 1.67% | 6.13% |
| Profit growth | 3.97% | 39.89% | 17.66% | 29.87% |
| Stock price CAGR | 7% | 9% | 9% | -7% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.87% of Nelcast Ltd (NELCAST) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.39% and domestic institutional investors (DII) hold 0.12%. Market capitalisation was ₹1,218 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2010.
Largest disclosed public shareholders in Jun 2026: KANURI FAMILY TRUST 2.73%, VEENA P 1.52%, VIRAJA PERNETI 1.42%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.87% | - | 0.39% | 0.12% | 25.13% |
| Mar 2026 | 74.87% | - | 0.36% | 0.11% | 25.13% |
| Dec 2025 | 74.87% | - | 0.45% | 0.11% | 25.13% |
| Sep 2025 | 74.87% | - | 0.8% | 0.01% | 25.13% |
| Jun 2025 | 74.87% | - | 0% | - | 25.13% |
| Mar 2025 | 74.87% | - | 0.06% | - | 25.13% |
| Dec 2024 | 74.87% | - | 0% | - | 25.13% |
| Sep 2024 | 74.87% | - | 0.03% | - | 25.13% |