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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Nelcast Limited is an India-based company engaged in the business of manufacturing of iron castings. It is engaged in the production of ductile and gray iron castings. Its products cater to the automotive, tractor, construction, mining, railways and general engineering…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, steadily growing business, fully valued.
Nelcast is scored on the general / industrial framework. It keeps a thin 3.6% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.89× reported profit. It throws off free cash worth 5.9% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 2%/yr and profit at 18%/yr. Book value has grown 8%/yr. Return on equity is a modest 8.6%. In the latest quarter profit fell 66% versus the prior quarter.
At 28× earnings, the stock sits at the 66th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price implies ~13%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 26.07 | 28.04 | better |
| P/B | 2.24 | 3.15 | better |
| EV/EBITDA | 12.64 | 17.18 | better |
| ROE | 8.58 | 7.98 | better |
| ROCE | 11.74 | 12.11 | worse |
| ROA | 4.41 | 7.51 | worse |
| Quick Ratio | 0.93 | 2.96 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Bharat Forge | 122.0 | 7.4 | 8.7% |
| PTC Industries | 307.8 | 11.7 | 6.7% |
| AIA Engineering | 23.5 | 3.5 | 14.7% |
2% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (18% vs 2%) — margin expansion is at work.
Operating margin has expanded from 3% to 5% — the business is keeping more of each rupee earned.
ROE at 8% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
18% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.9× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 7% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 13% above earlier ones.
Profit fell 66% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.