Nelcast Ltd Stock Price Today (NSE: NELCAST)
Fundamental Score
Nelcast Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
Nelcast Ltd share price today is ₹123.49, up +0.00% on NSE/BSE as of 17 February 2026. Nelcast Ltd (NELCAST) is a Small-cap company in the Castings & Forgings sector with a market capitalisation of ₹973.07 (Cr). The 52-week high for NELCAST share price is ₹N/A and the 52-week low is ₹N/A. At a P/E ratio of 26.46x, NELCAST is currently trading below its industry average P/E of 28.08x. The company has a Return on Equity (ROE) of 6.48% and a debt-to-equity ratio of 0.52.
Nelcast Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Nelcast Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Nelcast Share Price Analysis: ROCE Efficiency Under Scrutiny
The castings and forgings sector, a vital cog in India's industrial growth, is currently navigating a complex landscape of fluctuating raw material costs and evolving demand patterns. Within this context, the Nelcast share price currently sits at ₹121.900002 with a Price-to-Earnings (PE) ratio of 26.46. This analysis delves into Nelcast Ltd's financial health, particularly focusing on its Return on Capital Employed (ROCE) of 9.55% and comparing it to its sector peers.
ROCE, a crucial indicator of capital efficiency, highlights how effectively Nelcast Ltd is utilizing its capital to generate profits. The 9.55% ROCE suggests that for every ₹100 invested in the business, Nelcast is generating ₹9.55 in pre-interest and pre-tax profit. While this is a positive return, it's essential to assess its competitiveness within the sector. Comparing Nelcast Ltd to peers like Ganga Forging Ltd, Steelcast Ltd, and Nitin Castings Ltd would paint a more comprehensive picture of relative performance. Further investigation into
Ganga Forging Ltd might reveal differences in management quality and operational efficiency contributing to variances in ROCE. For instance, a deeper dive into working capital management at both firms, including inventory turnover ratios and debtor days, can illuminate key differences.A robust ROCE can contribute significantly to a company's economic moat – its ability to protect its profits from competitors. A higher ROCE allows Nelcast Ltd to reinvest in its operations, innovate, and build stronger relationships with customers, thereby creating a more sustainable competitive advantage. Conversely, a relatively lower ROCE may indicate a weaker moat, potentially making the company more vulnerable to pricing pressures and market share erosion. Therefore, improving and sustaining a high ROCE is essential for long-term value creation.
The 9.55% ROCE impacts future financial health. Lower capital allocation can hinder growth. Better efficiency can expand it's market presence. This is due to the compounding nature of capital allocation.
This financial analysis, focusing on ROCE efficiency within the broader context of the castings and forgings sector, is part of an 80-parameter fundamental audit verified by Sweta Mishra. It is purely observational and does not constitute any buy or sell recommendation for the Nelcast share price.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Nelcast Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of NELCAST across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Consistent Growth Track Record (17.17% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Cash Generation (₹134.68 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (74.87%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
8 factors identified
Below-Average Return on Equity (6.48%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (9.55%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Profit Decline Concern (-44.13%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-9.59%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Earnings Growth (-0.70% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-0.70% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Weak Interest Coverage (2.37x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Limited Institutional Interest (FII+DII: 0.80%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
Nelcast Ltd Financial Statements
Comprehensive financial data for Nelcast Ltd including income statement, balance sheet and cash flow
About NELCAST (Nelcast Ltd)
Nelcast Ltd (NELCAST) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Castings & Forgings sector with a current market capitalisation of ₹973.07 (Cr). Nelcast Ltd has delivered a Return on Equity (ROE) of 6.48% and a ROCE of 9.55%. The debt-to-equity ratio stands at 0.52, reflecting the company's capital structure. Investors tracking NELCAST share price can monitor key metrics including P/E ratio, promoter holding of 74.87%, and quarterly earnings growth.
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NELCAST Share Price: Frequently Asked Questions
What is the current share price of Nelcast Ltd (NELCAST)?
As of 17 Feb 2026, 10:17 am IST, Nelcast Ltd share price is ₹123.49. The NELCAST stock has a market capitalisation of ₹973.07 (Cr) on NSE/BSE.
Is NELCAST share price Overvalued or Undervalued?
NELCAST share price is currently trading at a P/E ratio of 26.46x, compared to the industry average of 28.08x. Based on this relative valuation, the Nelcast Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of NELCAST share price?
The 52-week high of NELCAST share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the Nelcast Ltd share price?
Key factors influencing NELCAST share price include quarterly earnings growth (Sales Growth: -9.59%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Nelcast Ltd a good stock for long-term investment?
Nelcast Ltd shows a 5-year Profit Growth of -0.70% and an ROE of 6.48%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.52 before investing in NELCAST shares.
How does Nelcast Ltd compare with its industry peers?
Nelcast Ltd competes with major peers in the Castings & Forgings. Investors should compare NELCAST share price P/E of 26.46x and ROE of 6.48% against the industry averages to determine competitive standing.
What is the P/E ratio of NELCAST and what does it mean?
NELCAST share price has a P/E ratio of 26.46x compared to the industry average of 28.08x. Investors pay ₹26 for every ₹1 of annual earnings.
How is NELCAST performing according to Bull Run's analysis?
NELCAST has a Bull Run fundamental score of 28.4/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does NELCAST belong to?
NELCAST operates in the Castings & Forgings industry. This classification helps understand the competitive landscape and sector-specific trends affecting Nelcast Ltd share price.
What is Return on Equity (ROE) and why is it important for NELCAST?
NELCAST has an ROE of 6.48%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Nelcast Ltd generates profits from shareholders capital.
How is NELCAST debt-to-equity ratio and what does it indicate?
NELCAST has a debt-to-equity ratio of 0.52, which indicates moderate leverage that should be monitored.
What is NELCAST dividend yield and is it a good dividend stock?
NELCAST offers a dividend yield of 0.45%, meaning you receive ₹0.45 annual dividend for every ₹100 invested in Nelcast Ltd shares.
How has NELCAST share price grown over the past 5 years?
NELCAST has achieved 5-year growth rates of: Sales Growth 17.17%, Profit Growth -0.70%, and EPS Growth -0.70%.
What is the promoter holding in NELCAST and why does it matter?
Promoters hold 74.87% of NELCAST shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Nelcast Ltd.
What is NELCAST market capitalisation category?
NELCAST has a market capitalisation of ₹973 crores, placing it in the Small-cap category.
How volatile is NELCAST stock?
NELCAST has a beta of N/A. A beta > 1 suggests the Nelcast Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is NELCAST operating profit margin trend?
NELCAST has a 5-year average Operating Profit Margin (OPM) of 6.87%, indicating the company's operational efficiency.
How is NELCAST quarterly performance?
Recent quarterly performance shows Nelcast Ltd YoY Sales Growth of -9.59% and YoY Profit Growth of -44.13%.
What is the institutional holding pattern in NELCAST?
NELCAST has FII holding of 0.79% and DII holding of 0.01%. Significant institutional holding often suggests professional confidence in the Nelcast Ltd stock.