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Nelcast Ltd, incorporated in 1982, manufactures Iron Castings. The Co. has manufacturing plants at Gudur and Pedapariya in Andhra Pradesh, and Ponneri in Tamil Nadu. It manufactures grey and ductile castings for the M&HCV and tractor industry segments. It also supplies ribbed plates and brake discs used in metro rail projects and railways.
Nelcast saw Q1FY27 revenue grow 2.8% to ₹345.4 Cr, driven by healthy demand. The Tractor segment's revenue contribution increased to 27.1%, while M&HCV remained the largest contributor. Profitability was temporarily hit by elevated raw material costs and labor issues, leading to an EBITDA of ₹20.1 Cr and PAT of ₹5.1...
**1. Business Performance:** Nelcast delivered strong Q4 & FY26 results. For FY26, revenue grew 5.8% to ₹1,342.4 Cr, with Profit After Tax (PAT) surging 29.9% to ₹48.4 Cr. Growth was driven by robust domestic demand, especially in the Tractor and M&HCV segments, and improved operational efficiencies. **2. Growth Drivers or...
Nelcast reported a strong Q3 FY26, with revenue up 11.8% YoY to ₹332.2 Cr, driven by robust domestic demand. Profitability surged as PAT jumped 166.1% YoY to ₹15.9 Cr, thanks to better product mix and operating efficiency. EBITDA per kg also improved significantly to ₹15.9 (+35% YoY). For the nine-month...
**1. Financial Highlights:** Nelcast's Q1FY26 results reveal robust performance. Revenue rose 11.1% YoY to ₹336.0 Cr. Profit After Tax surged 57.2% YoY to ₹12.5 Cr, while EBITDA increased 44.3% YoY to ₹32.4 Cr. EBITDA per kg climbed to ₹14.7, reflecting improved product mix and efficiency gains. **2. Strategic Initiatives &...
1. Financial Highlights: Nelcast posted Q4 revenue of ₹334.4 Cr, up 11.7% YoY, driven by strong export growth of 21% YoY. FY25 revenue held steady at ₹1,268.8 Cr. EBITDA jumped to ₹34.3 Cr in Q4, with margins expanding to 10.3% from 6.4% last year; FY25 EBITDA was ₹105.6 Cr (8.3%...