Nelcast Peer Comparison

NSE: NELCAST | BSE: 532864

₹121.03

₹-2.37 (-1.92%)

As on 01-Oct-2026IST

Market cap

₹1,049 Cr

Revenue (TTM)

₹1,338 Cr

P/E Ratio

25.6

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)	1,049	18,921	5,930	1,594	948
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	25.55	57.79	22.13	109.35	--
Price-To-Book	1.74	8.55	3.57	14.82	9.42

Income Statement (₹ Cr)

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Operating Revenue	1,337.59	1,641.96	1,174.89	196.92	358.01
Total Income	1,351.77	1,673.50	1,209.99	198.09	366.71
Total Expenditure	1,239.57	1,131.56	862.85	161.38	325.24
EBITDA	98.02	510.39	312.04	35.55	32.77
Depreciation	27.40	94.73	11.58	8.89	25.76
EBIT	70.63	415.67	300.46	26.66	7.01
Interest	29.77	11.23	18.82	6.31	23.32
Other Income	14.18	31.54	35.10	1.17	8.70
Exceptional Items	0.00	0.00	0.00	-0.53	-0.65
Profit before Tax	55.03	435.98	316.74	20.99	-8.27
Provision for Tax	13.96	108.57	48.78	6.42	0.56
Profit after Tax	41.07	327.40	267.96	14.58	-8.83

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Shareholder's Funds	596.64	2,128.13	1,594.52	102.61	111.09
Minority Interest	0.00	0.00	0.00	0.00	0.00
Non-Current Liabilities	87.96	48.99	32.17	26.99	156.48
Current Liabilities	511.39	455.69	224.09	86.97	205.20
Total Liabilities	1,198.70	2,632.81	1,850.78	216.57	472.76

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Non-Current Assets	526.46	1,345.90	799.85	100.74	290.42
Current Assets	667.99	1,071.10	793.84	104.22	174.43
Total Assets	1,198.70	2,632.81	1,850.78	216.57	472.76
Total Debt*	257.19	329.62	126.72	70.10	250.39
Net Current Assets	156.60	615.41	569.75	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	31.70	25.78	19.27
Cash Flow from Investing Activities	-10.91	-496.83	-353.96	-23.64	-94.36
Cash from Financing Activities	-76.18	64.93	314.84	-0.16	73.57
Net Cash Inflow / Outflow	4.49	12.77	-7.42	1.98	-1.53

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
ROCE (%)	11.46	18.19	22.95	14.14	9.07
ROE (%)	7.07	16.02	18.85	15.04	-7.21
ROA (%)	3.48	13.51	17.27	6.93	-2.17
EBIT Margin (%)	5.28	25.32	25.57	13.54	1.96
Net Margin (%)	3.04	19.56	22.15	7.36	-2.41
Cash Profit Margin (%)	0.00	0.00	0.00	0.00	0.00

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Revenue Growth (%)	4.22	15.53	19.70	17.14	-2.47
EBIT Growth (%)	-0.86	25.71	8.88	91.76	-82.44
Net Profit Growth (%)	-1.85	21.60	18.19	144.01	-150.96
EPS Growth (%)	1.30	21.46	13.41	24.97	-145.30
Book Value Growth (%)	7.91	15.29	65.50	12.43	2.85

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Price / Earnings	25.55	57.75	21.07	106.76	-118.01
Price / Book Value	1.74	8.55	3.57	14.82	9.42
Dividend Yield (%)	0.58	0.20	0.03	0.06	0.00
EV/EBITDA	12.46	37.15	19.13	46.71	36.21
Market Cap (₹ Cr)	994.84	10,924.40	4,688.81	502.91	746.62

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Debt to Equity	0.06	0.00	0.01	0.17	1.33
Short term debt to equity ratio	0.32	0.15	0.07	0.47	0.78
Current Ratio	1.31	2.35	3.54	1.20	0.85
Quick Ratio	0.93	1.84	2.89	0.60	0.54
Interest Coverage	2.85	39.82	17.83	4.33	0.65

	Nelcast	Happy Forgings	Balu Forge	Investment & Prec	Synergy Green
Debtors to sales (%)	26.63	24.04	36.18	19.96	18.15
Asset Turnover	1.13	0.68	0.76	0.94	0.88
Receivable days	95.62	96.31	123.99	78.34	60.73
Inventory Days	50.98	54.55	40.11	97.25	57.84
Payable days	161.66	30.27	46.57	198.36	123.94
Cash Conversion Cycle	-15.06	120.58	117.53	-22.77	-5.37

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