Nelcast Ltd

Nelcast Ltd

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OVERVIEW
FINANCIALS

About

Nelcast is an Indian jobbing foundry associated with the manufacturing of ductile and grey iron castings. Its products are primarily meant for serving the global automotive, construction, tractor, railways, mining, and general engineering sectors. Commercial vehicles, cars and SUVs, farm equipment, powertrains, and railways apply its products as well. What started as a manufacturing capacity of merely 1000 metric tonnes per year in 1985 has grown to a capacity of 160,000 metric tonnes every year with plants in Gudur, Ponneri, and Pedapariya. The company raked in an income of ₹1,28,121.60 lakhs in FY 24 under the leadership of P. Deepak.

Incorporation Year: 1982
Headquarters: Chennai
Top Management: Sesha Reddy/P. Deepak
Industry: Industrial Materials
Website: nelcast.com

Featured In Fortune India Ranking

Next 500 India
#487(2024)#420(2023)#462(2022)#349(2020)#388(2019)#499(2016)
#487(2024)#420(2023)#462(2022)#349(2020)#388(2019)#499(2016)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
1,327
(INR Cr)
Net Operating Income
1,267
(INR Cr)
Assets
851
(INR Cr)
Profit
54
(INR Cr)
Net Worth
519
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
1327
3.7%
1279
31.1%
976
62.4%
601
6.8%
563
-38.2%
911
21.4%
751
27.8%
587
1.6%
578
3.2%
561
9.2%
514
2.4%
502
-23.7%
658
13.0%
582
77.7%
328
4.7%
313
-
Net Operating Income
(INR Cr)
1267
0.23%
1264
36.30%
927
50.79%
615
8.51%
567
-33.81%
856
15.01%
745
29.59%
575
2.47%
561
2.90%
545
5.77%
515
1.49%
508
0.00%
653
28.71%
507
58.76%
320
10.09%
290
-18.56%
Profit
(INR Cr)
54
83.0%
30
109.1%
14
57.3%
9
-74.9%
36
-6.3%
38
0.5%
38
12.2%
34
7.0%
32
45.3%
22
-2.5%
23
61.8%
14
-69.9%
46
-46.7%
87
1161.3%
7
84.2%
4
-
Assets
(INR Cr)
851
9.8%
775
7.0%
724
11.8%
648
-0.1%
648
8.4%
598
27.7%
468
12.0%
418
3.6%
403
5.9%
381
6.7%
357
4.4%
342
4.3%
328
6.7%
307
-7.3%
331
1.3%
327
-
Net Worth
(INR Cr)
519
10.8%
468
6.1%
442
2.7%
430
2.4%
420
6.3%
395
7.5%
367
8.4%
339
11.1%
305
8.3%
282
5.5%
267
6.1%
252
0.0%
243
13.1%
215
35.7%
158
2.5%
154
1.2%
Employee Cost
(INR Cr)
74
15.5%
64
15.0%
56
23.4%
45
-3.3%
47
-9.6%
52
12.2%
46
11.8%
41
4.7%
39
10.6%
36
2.3%
35
3.4%
34
3.5%
33
38.0%
24
20.1%
20
20.3%
16
-
Interest Cost
(INR Cr)
3231261713736752398712
Cash & Bank Balance
(INR Cr)
8510561654859565453525448635311
Total Debt
(INR Cr)
3293042802152252009877969889898592173173

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues 4.1%2.3%1.5%1.5%6.4%4.2%5.1%5.8%5.5%3.9%4.4%2.8%7.0%14.9%2.1%1.2%
Profit As % Of Assets 6.4%3.8%2.0%1.4%5.6%6.4%8.2%8.2%7.9%5.8%6.3%4.1%14.1%28.3%2.1%1.1%
Profit As % Of Networth 10.5%6.4%3.2%2.1%8.6%9.7%10.4%10.1%10.5%7.8%8.4%5.5%19.1%40.5%4.4%2.4%
Interest Cost to EBITDA % 34.2%39.3%44.5%37.2%25.9%8.7%4.1%9.6%10.9%10.4%3.8%9.3%10.9%25.2%30.5%57.3%
Debt to Equity Ratio 0.630.650.630.500.540.510.270.230.320.350.330.360.350.431.091.12
RONW 8.1%6.5%3.3%2.1%8.8%10.1%10.8%10.6%10.9%8.0%8.7%5.5%20.2%6.4%4.4%2.4%
ROCE 10.1%9.6%6.6%4.6%7.0%12.1%13.6%13.5%13.6%9.3%10.9%7.0%24.2%8.0%5.1%6.3%