Nelcast Share Price

Castings & Forgings company Nelcast announced Q4FY26 & FY26 results Q4FY26 Financial Highlights: Total Revenue stood at Rs. 371.2 crore in Q4FY26 a growth of 11.0% YoY EBITDA stood at Rs. 34.9 crore against Rs. 34.3 crore in Q4FY25; Margin stood at 9.4%; largely impacted by higher input costs and lower exports PAT stood at Rs. 15.3 crore against Rs. 13.5 crore in Q4FY25; a growth of 12.7% YoY FY26 Financial Highlights: Total Revenue stood at Rs. 1,342.4 crore in FY26 a growth of 5.8% YoY EBITDA stood at Rs. 124.5 crore against Rs. 105.6 crore in FY25 a growth of 17.8%; Margin stood at 9.3%; EBITDA per Kg for FY26 was at Rs. 13.6 per kg against 12.6 per kg in FY25 PAT witnessed a robust growth of 29.9% in FY26 stood at Rs. 48.4 crore In FY26 the ROE and ROCE improved to 8.1% and 10.8% compared to 6.7% and 9.0% in FY25 The Balance Sheet was further strengthened by debt repayment; Debt to Equity came down to 0.4x compared 0.5x in Mar’25 Dividend Recommendation: The Board of Directors has recommended a dividend of 35%, amounting to Rs 0.70 per share of Rs 2/- paid-up for the financial year FY26 Deepak Reddy Ponnavolu, Managing Director & CEO of Nelcast, said, “FY26 has been a year of steady progress for Nelcast as we continued our transition towards a more efficient and value-driven organization. While revenue growth remained stable, profitability improved meaningfully, driven by better utilization, cost discipline and an improving product mix. On the demand front, domestic markets remained strong, particularly in the CV segment. Exports saw a pickup towards the end of the year, led by the U.S. market, partly supported by pre-buying ahead of upcoming emission-related changes. Our strategic initiatives are now reflecting in performance. The ramp-up of the Pedapariya plant and progress in new product development are translating into tangible gains, with increasing contribution from higher-value products supporting margins. While EBITDA per kg moderated in Q4 due to increase in key raw material prices, the overall trajectory through the year reflects the underlying improvement in margins. We also strengthened our balance sheet through disciplined debt reduction, improving financial flexibility and creating headroom for growth. Combined with better utilization, this has supported a steady improvement in our return metrics. Looking ahead, the overall demand outlook remains constructive. While we remain mindful of near-term uncertainties, including geopolitical developments and broader industry-wide operational challenges such as labour availability impacting the start of FY27, the improving export environment, scale-up of new products and a stronger operating foundation position us well to deliver a stronger performance in FY27.” Result PDF

• Trendlyne
• 2 weeks 1 day ago

Castings & Forgings company Nelcast announced Q3FY26 results Revenue: Rs 32,962.01 lakh against Rs 29,140.93 lakh during Q3FY25, change 13%. PBT: Rs 2,135.08 lakh against Rs 802.38 lakh during Q3FY25, change 166%. PAT: Rs 1,590.2 lakh against Rs 597.69 lakh during Q3FY25, change 166%. EPS: Rs 1.83 for Q3FY26. Result PDF

• Trendlyne
• 3 months 3 weeks ago

Castings & Forgings company Nelcast announced Q2FY26 results Total Revenue stood at Rs 303.0 crore in Q2FY26 against Rs 335.0 crore in Q2FY25. EBITDA for Q2FY26 was Rs 21.4 crore compared to Rs 26.0 crore during Q2FY25. EBITDA margin: 7.0% in Q2FY26. Profit After Tax during Q2FY26 was Rs 4.8 crore. Deepak Reddy Ponnavolu, Managing Director & CEO, Nelcast, said: “FY26 began with strong momentum in Q1, driven by demand across key segments. In Q2, exports were impacted by a slowdown in the U.S. economy, because of imposition of additional tariffs leading to temporary production pauses by customers. However, domestic demand remained steady supported by tractor and M&HCV; sales. We expect export volumes to recover by the end of the financial year as customer schedules normalize. I am pleased to share that our efforts are showing results. We have successfully developed high value-added castings for the export market and have initiated sampling. The feedback from customers has been very positive. These products are high-margin and strategically important for Nelcast as they will help expand margins, improve capacity utilization, and deliver economies of scale. We expect commercial sales to begin in the first half of FY27. Looking ahead, we anticipate market conditions to improve by the end of FY26. We believe the worst is behind us, and the coming years will mark a turnaround for Nelcast; driven by our focus on high-value products, operational efficiency and global opportunities.” Result PDF

• Trendlyne
• 7 months ago