Results - Announcements
Nelcast Ltd share price rallied 8.78% to Rs 143.7 after the company's net profit surged by 215.18% to Rs 16.2 crore, while revenue from operations gained 19.03% to Rs 405.95 crore in Q3FY26 over Q2FY26.
The market capitalization of Castings & Forgings industry group stocks on BSE stood at Rs 1.04 lakh crore, declining 1.10%. It has improved by 0.54% over last one week and moved up slightly by 2.34% in last one month while the market capitalization of Nelcast Ltd has edged up by 13.73% and 14.46% in the same period respectively.
Profit before tax (PBT) of Nelcast Ltd stood at Rs 21.98 crore in Q3 FY26, surging by 245.60% year-on-year, and jumping 228.55% quarter-on-quarter. EBITDA came in at Rs 29 crore, rallying 127.61% YoY and expanding by 155.74% sequentially.
Total expenses advancing by 14.45% to Rs 380.14 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 177.77 crore, rising 15.40% YoY, while employee benefits expense was at Rs 22.89 crore, dipping slightly 4.03% YoY.
For the TTM ended FY26, revenue from operations posted a slight growth of 6.13% to Rs 1328.4 crore, while net profit soared by 29.87% to Rs 48.43 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 7264% to Rs 96.53 crore, and PBT soared 31.72% to Rs 64.94 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 91.58 crore in FY26, as against Rs 104.83 crore in FY25.
Nelcast Ltd jumped 23.88% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 9.87% during the same period.