Nelcast (NELCAST)₹156.35−5.76%Castings & Forgings
Nelcast is compared with the 6 closest in size in Castings & Forgings (30 companies in the industry). It has a P/E of 32.8 against a peer median of 32.8, and ROCE of 11.1% against a peer median of 23.0%, and latest-quarter sales growth of 2.8% against a peer median of 26.8%. By market cap it is #6 of 7 in this set.
As of · Peer set: 6 closest in size in Castings & Forgings
| Company | M-cap (₹ Cr) | P/E | ROCE % | ROE % | Debt / equity | Div. yield % | Sales (₹ Cr) | Net profit (₹ Cr) | Qtr sales growth % | Qtr profit growth % | Compare |
|---|---|---|---|---|---|---|---|---|---|---|---|
| AIA Engineering | 29,271 | 23.2 | 21.0 | 17.0 | 0.00 | 0.5 | 4,424 | 1,270 | 12.5 | −1.3 | vs NELCAST |
| Happy Forgings | 17,011 | 52.0 | 18.0 | 15.1 | 0.15 | 0.2 | 1,549 | 303 | 26.8 | 37.8 | vs NELCAST |
| Balu Forge Industries | 6,427 | 23.4 | 23.0 | 19.6 | 0.10 | 0.0 | 1,111 | 258 | 29.3 | 15.9 | vs NELCAST |
| Steelcast | 3,786 | 42.1 | 32.0 | 24.1 | 0.00 | 0.5 | 424 | 87 | 16.8 | 20.0 | vs NELCAST |
| Amic Forging | 2,496 | 82.6 | 23.0 | 16.8 | 0.03 | 0.0 | 142 | 28 | 29.4 | 22.9 | vs NELCAST |
| Nelcast | 1,360 | 32.8 | 11.1 | 8.5 | 0.43 | 0.4 | 1,330 | 48 | 2.8 | −58.9 | — |
| Neetu Yoshi | 815 | 32.6 | 32.0 | 27.6 | 0.03 | 0.0 | 98 | 25 | 54.3 | 62.6 | vs NELCAST |
| Peer median | 3,786 | 32.8 | 23.0 | 17.0 | 0.03 | 0.2 | 1,111 | 87 | 26.8 | 20.0 |
Listed companies closest to Nelcast in Castings & Forgings include AIA Engineering, Happy Forgings, Balu Forge Industries, Steelcast, Amic Forging, Neetu Yoshi.
AIA Engineering, with a market cap of ₹29,271 Cr.
Nelcast trades at a P/E of 32.8; the median of its peer set is 32.8. A P/E above or below the median is a description, not a judgement on value.
Nelcast's return on capital employed is 11.1%, below the peer median of 23.0%.