Nelcast Limited (NELCAST) Fair Value & Analysis
Industrials · IN · Market cap ₹12.8B
Fair value as of: Aug 13, 2026
From 26 valuation models · updated 4 days ago
Share price −8.9% over the past month.
A solid business, currently priced close to our fair value.
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- A fairly wide model range (₹75.93 to ₹146.13) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range ₹34.57 – ₹176.02 · fair‑value band ₹75.93 – ₹146.13 · the ₹116.94 price screens above the ₹116.91 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
Nelcast Limited (NELCAST) currently trades at ₹116.94, while our model-based Fair Value estimate is ₹116.91, implying the stock looks roughly 0.0% fairly valued today. The Quality Score stands at 58/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).
Over the trailing twelve months, Nelcast Limited generated revenue of ₹6.3B at a net margin of 5.8%. Revenue grew 27.3% year over year. It earns a return on equity of 6.7%. Net debt stands at ₹1.7B. Fundamentals as of Aug 13, 2026
Our scenario range runs from ₹75.93 (bear case) to ₹146.13 (bull case); at ₹116.94, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 35% below its 52-week high and 36% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -59% fair-value upside, at 0%, NELCAST screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (₹132.70) versus Dividend Discount (₹8.05). Highest evidence: Growth DCF (80).
Notify me when NELCAST reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 58 · Market factors (momentum, volatility) 34
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
Nelcast Limited manufactures and sells ductile and grey iron castings in India and internationally. The company provides commercial components, including bogie suspension bracket, conventional suspension/engine/steering/cab mounting bracket, rear and forward differential carrier, flanged and plain half, wheel hub, bearing cap, brake drum, and brake disc …
Full company description
Nelcast Limited manufactures and sells ductile and grey iron castings in India and internationally. The company provides commercial components, including bogie suspension bracket, conventional suspension/engine/steering/cab mounting bracket, rear and forward differential carrier, flanged and plain half, wheel hub, bearing cap, brake drum, and brake disc rotor products; and tractor/farm components, such as hydraulic lift cover, axle housing, four-wheel drive front axle housing, front engine support, transmission clutch, and center/differential housing products. It also offers off highway/army components, including transmission and differential case, converter and axle housing, and planetary carrier products; railway products comprising brake discs and base plates for ballastless track system; SUV/car components that consist of case body, case cap, and drive head products; and powertrain components, such as gearbox and flywheel housing, and exhaust manifold products. The company serves commercial vehicle, tractor, railways, and off-highway vehicle segments, as well as original equipment manufacturers. Nelcast Limited was incorporated in 1982 and is based in Chennai, India.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Nelcast Limited reported revenue of ₹13.3B in FY2026 versus ₹9.2B in FY2022, a compound +9.6%/yr. Reported net income was ₹484M in FY2026, compounding +35.8%/yr from FY2022.
of which total revenue +9.6 pp · buybacks/dilution +0.0 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch NELCAST: get an alert when its fair value changes →
Peer Group
Metal Fabrication · 247 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Metal Fabrication median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Carpenter Technology Corporation CRS | $528.64 | $101.35 | -81% |
| ATI Inc ATI | $230.43 | $35.74 | -84% |
| Mueller Industries, Inc MLI | $68.28 | $59.33 | -13% |
| China International Marine Containers (Group) Co 000039 | ¥8.87 | ¥3.39 | -62% |
| JL Mag Rare-Earth Co 300748 | ¥27.08 | ¥8.34 | -69% |
| Ningbo Zhenyu Technology Co 300953 | ¥104.36 | ¥44.23 | -58% |
| Western Superconducting Technologies Co 688122 | ¥52.92 | ¥24.43 | -54% |
| Anhui Yingliu Electromechanical Co 603308 | ¥48.40 | ¥8.07 | -83% |
| Xiamen Voke Mold & Plastic Engineering Co 301196 | ¥86.20 | ¥42.71 | -50% |
| SINOMACH HEAVY EQUIPMENT GROUP CO.,LTD researches, 601399 | ¥3.32 | ¥1.35 | -59% |
Compare Nelcast Limited with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Frequently asked questions
Is Nelcast Limited (NELCAST) overvalued or undervalued?
What is the fair value of NELCAST?
What is the quality score of NELCAST?
What is the revenue of Nelcast Limited (NELCAST)?
What is the net profit margin of NELCAST?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track Nelcast Limited and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.