Nelcast share price today

Nelcast Ltd's share price was ₹162.70 at the close on 4 November 2026. It has been falling for 9 weeks. That is 30.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹89 and ₹163, and at that close it was at the high of that range.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Nelcast Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row.

Over the last 11 years the share price moved +176% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: profit fell in the June 2026 quarter and lowest operating margin in 14 quarters.

1. Profit fell in the June 2026 quarter

   Profit was ₹5 crore, -58.9% on a year earlier (₹13 crore), after 2 quarters of growth.

   Why: Profit fell because raw material costs rose more than Rs 5/kg after the Middle East disruption, which squeezed the operating margin.

   Next results: check whether the raw material cost shock is fully recovered from customers.

   From the earnings call on 29 Sep 2026.

2. Lowest operating margin in 14 quarters

   Operating margin was 4.6% in the June 2026 quarter, against 8.5% a year earlier.

   Why: The operating margin fell because raw material costs rose more than Rs 5/kg after the Middle East disruption.

   Next results: check whether margins improve as customers pay higher prices after the earlier cost rise.

   From the earnings call on 29 Sep 2026.

For April to June 2026 (the quarter ended 30 June 2026), Nelcast reported revenue of ₹341 crore, up 2.8% from ₹332 crore a year earlier, and a profit of ₹5.14 crore, down 58.9% from ₹12.5 crore.

Nelcast results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Nelcast's management discussed these results on a call held on 29 September 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Nelcast closed at ₹162.70 on 4 November 2026, up 46.5% from ₹111.09 a year earlier (7 November 2025) and up 94.7% over five years. Its highest weekly close since March 2016 was ₹177.95 on 12 November 2023.

Nelcast share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Nelcast closed at ₹162.70, up 23.2% on the week and up 34.9% on the month. 29 Sep 2026: Nelcast held its results call for April to June 2026. Management guided: FY27 volumes above 1 lakh tons; next-year volumes approximately 15% higher.

Earlier

• 20 Jul 2026: ex-date for a dividend of ₹0.70 a share.
• Results for April to June 2026: Revenue up 2.8% and profit down 58.9% on a year earlier.

Nelcast paid ₹0.70 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.43% at the ₹162.70 close on 4 November 2026. The last was a dividend of ₹0.70 a share, ex-date 20 July 2026.

Nelcast dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Nelcast Ltd paid out 13% of its profit as dividends in FY26, and it paid a dividend in 12 of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 29 September 2026, Nelcast's management guided: FY27 volumes above 1 lakh tons; next-year volumes approximately 15% higher.

“In the next 3 years, once we reach our full volume, it will be approximately 18 rupees per kg. That is our target. - Sivakumar”CFO, on the call for April to June 2026

What management guided

• New products approximately 250-300 tons per month by January to March 2027.
• Pedapariya utilisation approximately 40% by January to March 2027; profitability improves above 35%, while foundry efficiency improves above 70-75% utilisation.
• Exports approximately 35% by year-end and above 50% within 3 years.
• Q2 margins to improve after first-quarter raw-material shock and customer price recovery.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 29 September 2026.

When Nelcast reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Q2 operating profit/kg recovery after customer pass-through - check whether the raw-material shock is fully recovered.

Nelcast is not on any of our India lists this week.

Nelcast Ltd earned ₹5.1 Cr of net profit in the Jun 2026 quarter, −58.9% on the same quarter a year earlier. Full-year FY26 profit was ₹48.0 Cr. Over 10 years profit has grown 4.1% a year on average. That is 1.5% of the quarter's revenue. The same quarter a year earlier earned ₹12.5 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹48.0 Cr (+29.7% on the year before).

Why profit moved: revenue changed +2.8% on a year earlier and the margin moved −3.9 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +17.1% and revenue +4.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Nelcast Ltd reported ₹341 Cr of revenue in the Jun 2026 quarter, +2.8% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 9.0% a year on average. The last full year, FY26, came in at ₹1,328 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹1,338 Cr.

FY26 revenue was ₹1,328 Cr, +6.1% on the year before.

Recent pace: the last four quarters grew +4.5% on average, against 9.0% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +4.2%, against +2.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −1.8%, against −13.7% a year (accelerating).

Nelcast Ltd's operating margin was 4.6% in the Jun 2026 quarter, 3.9 percentage points lower than the same quarter a year ago. Across 13 years it has been between 6.0% and 11.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −3.9 percentage points on the year while gross margin changed −1.8 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 156% of Nelcast Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹92.0 Cr of operating cash against ₹48.0 Cr of profit. After ₹16.0 Cr of spending on assets, ₹76.0 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 156% of profit came in as cash: the cash cycle got 34 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Nelcast Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 51 days in FY26, down from 85 days in FY21. It spent ₹107 Cr on assets over the last 3 years. Customers take 98 days to pay, and stock sits for 120 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹1,328 Cr, each day of that cycle ties up about ₹3.6 Cr, so roughly ₹186 Cr is tied up in the business at any time.

FY26: customers took 98 days to pay and stock sat for 120 days, about 3.9 months of sales sitting as stock, for a full cycle of 51 days, shorter than FY21's 85.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 120 days. Customers pay about 98 days after that. Suppliers are paid at 167 days. Together that makes the 51-day cycle.

Spending on assets: ₹107 Cr over the last 3 years, against ₹76.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Nelcast Ltd's P/E is 34.6×, near the high end of its own history: higher than 80% of past readings. Its usual P/E (the middle reading) is 24.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.