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Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Nelcast Ltd

About the Company - Nelcast Ltd

Nelcast Ltd. is a Public Limited Listed company incorporated on 07/06/1982 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L27109AP1982PLC003518 and registration number is 003518. Currently Company is involved in the business activities of Manufacture of other iron and steel casting and products thereof. Company’s Total Operating Revenue is Rs. 927.34 Cr. and Equity Capital is Rs. 17.40 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Castings/Foundry34, Industrial Estate, Gudur Andhra Pradesh 524101nelcast@nelcast.com
http://www.nelcast.com
Management
NamePosition Held
Mr. D Sesha ReddyChairman
Mr. P DeepakManaging Director
Mr. R Mohan ReddyDirector
Mr. A BalasubramanianDirector
Ms. P DivyaDirector
Ms. Maheswari MohanDirector
Mr. R SridharanDirector

Basic Stock Data of Nelcast Ltd

Last Updated: June 22, 2024, 10:33 pm

Market Cap 1,320 Cr.
Current Price 152
High / Low194/90.0
Stock P/E32.8
Book Value 59.7
Dividend Yield0.26 %
ROCE10.1 %
ROE8.16 %
Face Value 2.00
PEG Ratio-23.58

Competitors of Nelcast Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Captain Technocast Ltd 257 Cr. 252256/80.169.5 23.30.08 %20.2 %18.4 % 10.0
Kirloskar Industries Ltd 6,113 Cr. 6,1526,699/2,85828.6 4,8900.18 %10.7 %5.38 % 10.0
Carnation Industries Ltd 2.95 Cr. 8.5311.6/4.05 8.390.00 %%% 10.0
Electrosteel Castings Ltd 10,598 Cr. 178208/54.214.3 86.00.50 %16.0 %15.6 % 1.00
Jayaswal Neco Industries Ltd 4,556 Cr. 46.965.5/21.620.4 23.30.00 %14.2 %10.4 % 10.0
Industry Average4,305.39 Cr1,327.4926.561,006.200.15%12.22%9.96%8.20

Nelcast Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales186222184238235268295329327313293358320
Expenses169202174225222251276302312294273327295
Operating Profit17201013141719271519193226
OPM %9%9%5%5%6%6%6%8%4%6%7%9%8%
Other Income32542443724420
Interest6666777888888
Depreciation6666666666666
Profit before tax89353811167692231
Tax %20%29%36%28%27%19%29%26%25%25%22%25%18%
Net Profit6723278125471726
EPS in Rs0.700.760.230.390.240.780.891.400.610.510.831.912.93

Last Updated: April 10, 2024, 4:20 am

Nelcast Ltd Quarterly Chart

Nelcast Ltd Profit & Loss

MonthMar 2011Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5075085155455615757458565676159271,2641,291
Expenses5884754675004975106737805185698691,1841,207
Operating Profit-81334945646472764846598085
OPM %-16%7%9%8%11%11%10%9%9%8%6%6%7%
Other Income227222254614591617
Interest832576371317263132
Depreciation9111313131316171922232424
Profit before tax129213630464957583112194045
Tax %33%33%38%26%31%31%33%33%-17%26%25%26%
Net Profit8714222232343838369143034
EPS in Rs9.991.602.592.523.663.924.404.424.141.041.633.423.86
Dividend Payout %30%31%27%28%22%23%23%23%0%19%18%12%

Nelcast Ltd Profit & Loss Yearly Chart

Nelcast Ltd Growth

Compounded Sales Growth
10 Years:9%
5 Years:8%
3 Years:27%
TTM:0%
Compounded Profit Growth
10 Years:6%
5 Years:1%
3 Years:65%
TTM:34%
Stock Price CAGR
10 Years:14%
5 Years:26%
3 Years:25%
1 Year:59%
Return on Equity
10 Years:8%
5 Years:6%
3 Years:6%
Last Year:8%

Last Updated: June 16, 2024, 5:01 pm

Nelcast Ltd Balance Sheet

MonthMar 2011Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital17171717171717171717171717
Reserves197234250264288322350378403413424451471
Borrowings92898998967798200225215280304292
Other Liabilities83100104108115130174187133195242256279
Total Liabilities3904414604875175466397827798409631,0281,059
Fixed Assets171198250254275271264318304455467459453
CWIP14861210124810316614131319
Investments000000100001111
Other Assets218195204221232262326360309371482545576
Total Assets3904414604875175466397827798409631,0281,059

Nelcast Ltd Reserves and Borrowings Chart

Nelcast Ltd Financial Efficiency Indicators Chart

No valid data available for the Shareholding

Nelcast Ltd Shareholding Pattern Chart

No. of Nelcast Ltd Shareholders

This stock is not held by any mutual fund

Nelcast Ltd ROCE Trend

Nelcast Ltd EPS Trend

No data available for the key financial ratios table.

No data available for the profitability ratios chart.

No data available for the liquidity ratios chart.

No data available for the liquidity ratios percentage chart.

No data available for the coverage ratios chart.

No data available for the valuation ratios chart.

Fair Value

Fair Value: 160.20

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 5.40% compared to the current price 152

Intrinsic Value: 157.97

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 3.93% compared to the current price ₹152

Last 5 Year EPS CAGR: -1.39%

*Investments are subject to market risks

Strength and Weakness of Nelcast Ltd Stock

Unable to fetch valid data for stock valuation.

FAQ

What is the latest fair value of Nelcast Ltd?

The latest fair value of Nelcast Ltd is ₹160.20.

What is the Market Cap of Nelcast Ltd?

The Market Cap of Nelcast Ltd is 1,320 Cr..

What is the current Stock Price of Nelcast Ltd as on 23 June 2024?

The current stock price of Nelcast Ltd as on 23 June 2024 is ₹152.

What is the High / Low of Nelcast Ltd stocks in FY 2024?

In FY 2024, the High / Low of Nelcast Ltd stocks is 194/90.0.

What is the Stock P/E of Nelcast Ltd?

The Stock P/E of Nelcast Ltd is 32.8.

What is the Book Value of Nelcast Ltd?

The Book Value of Nelcast Ltd is 59.7.

What is the Dividend Yield of Nelcast Ltd?

The Dividend Yield of Nelcast Ltd is 0.26 %.

What is the ROCE of Nelcast Ltd?

The ROCE of Nelcast Ltd is 10.1 %.

What is the ROE of Nelcast Ltd?

The ROE of Nelcast Ltd is 8.16 %.

What is the Face Value of Nelcast Ltd?

The Face Value of Nelcast Ltd is 2.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Nelcast Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE