Nelcast Peer Comparison

NSE: NELCAST | BSE: 532864

₹117.08

₹1.74 (1.51%)

As on 27-Aug-2026IST

Market cap

₹1,024 Cr

Revenue (TTM)

₹1,338 Cr

P/E Ratio

24.9

P/B Ratio

1.7

Div. Yield

0.6 %

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	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Market cap (₹ Cr)	1,024	21,205	7,683	1,289	914
Revenue (₹ Cr)	1,338	1,642	1,175	197	358
Net Profit (₹ Cr)	41.07	327.40	267.96	14.58	-8.83
Net Margin (%)	3.04	19.56	22.15	7.36	-2.41
RoE (%)	7.07	16.02	18.85	15.04	-7.21
Price to Earnings	24.94	64.77	28.67	88.39	--
Price-To-Book	1.70	9.59	4.63	11.98	9.08

Income Statement (₹ Cr)

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Operating Revenue	1,328.40	1,546.34	923.62	188.45	366.42
Total Income	1,342.37	1,577.15	945.56	189.68	376.38
Total Expenditure	1,217.91	1,075.65	677.31	157.42	327.05
EBITDA	110.50	470.69	246.31	31.03	39.37
Depreciation	27.00	89.04	3.35	8.52	20.33
EBIT	83.50	381.65	242.96	22.51	19.04
Interest	32.53	10.47	10.96	6.31	20.79
Other Income	13.97	30.81	21.94	1.24	9.96
Exceptional Items	3.76	--	--	-0.53	-0.65
Profit before Tax	64.94	401.98	253.94	16.91	7.55
Provision for Tax	16.50	100.35	50.09	5.14	2.89
Profit after Tax	48.43	301.63	203.86	11.76	4.66

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Shareholder's Funds	596.64	2,128.13	1,053.22	102.61	111.09
Minority Interest	2.71	--	--	--	--
Non-Current Liabilities	87.96	48.99	15.56	26.99	156.48
Current Liabilities	511.39	455.69	181.73	86.97	205.20
Total Liabilities	1,198.70	2,632.81	1,252.19	216.57	472.76

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Non-Current Assets	530.71	1,561.71	682.82	112.35	298.32
Current Assets	667.99	1,071.10	567.68	104.22	174.44
Total Assets	1,198.70	2,632.81	1,252.19	216.57	472.76
Total Debt*	257.19	329.62	35.91	70.10	250.39
Net Current Assets	156.60	615.41	385.95	17.25	-30.76
Contingent Liabilities	1.80	28.49	--	0.12	5.06

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Cash From Operating Activities	91.58	444.67	148.24	25.78	19.27
Cash Flow from Investing Activities	-10.91	-496.83	-416.63	-23.64	-94.36
Cash from Financing Activities	-76.18	64.93	273.52	-0.16	73.57
Net Cash Inflow / Outflow	4.49	12.77	5.14	1.98	-1.53

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
ROCE (%)	11.46	18.19	31.33	14.14	9.07
ROE (%)	8.43	15.23	27.30	12.13	4.26
ROA (%)	4.10	12.44	20.81	5.72	1.14
EBIT Margin (%)	9.37	32.43	29.04	17.12	13.46
Net Margin (%)	3.61	19.12	21.56	6.20	1.24
Cash Profit Margin (%)	5.68	25.10	22.43	10.76	6.82

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Revenue Growth (%)	6.13	9.76	64.97	14.16	1.15
EBIT Growth (%)	17.84	12.91	107.37	38.13	-8.15
Net Profit Growth (%)	29.88	12.79	118.04	94.17	-72.43
EPS Growth (%)	29.35	12.66	101.95	94.17	-72.41
Book Value Growth (%)	7.91	15.29	81.78	12.43	2.85

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Price / Earnings	20.68	36.22	34.68	42.76	160.34
Price / Book Value	1.67	5.15	7.34	4.90	6.74
Dividend Yield (%)	0.61	0.35	0.02	0.20	0.00
EV/EBITDA	9.38	22.34	26.13	17.64	19.97
Market Cap (₹ Cr)	994.84	10,924.40	7,069.74	502.91	746.62

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Debt to Equity	0.43	0.16	0.04	0.68	2.26
Short term debt to equity ratio	0.32	0.15	0.01	0.47	0.78
Current Ratio	1.31	2.35	3.12	1.20	0.85
Quick Ratio	0.93	1.84	2.58	0.60	0.54
Interest Coverage	3.00	39.38	24.18	3.68	1.36

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Debtors to sales (%)	26.81	25.53	35.43	20.86	17.73
Asset Turnover	1.12	0.64	0.94	0.92	0.90
Receivable days	95.62	96.31	107.84	78.34	60.73
Inventory Days	50.98	54.55	37.06	97.25	57.84
Payable days	161.66	30.27	60.14	198.36	123.94
Cash Conversion Cycle	-15.06	120.58	84.76	-22.77	-5.37

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.