Nelcast Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue increased by 28% in the latest quarter compared to the previous, indicating strong demand.
Net profit showed significant growth, reaching ₹25.53 crore, a 53% jump from the previous quarter.
Operating profit margin improved to 7.94%, reflecting better cost management and operational efficiency.

NEGATIVES

Profit before tax fell sharply to ₹5.92 crore in Q4, down from ₹31.17 crore in Q3, raising concerns about profitability sustainability.
Expenses increased in the latest quarter, leading to tighter margins despite higher revenue.
Tax rates have fluctuated, with Q4 showing a higher effective tax rate of 25.51%, impacting net profit.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	292.77	358.34	320.36	295.47	300.10	330.42	291.41	329.75	331.86	298.74
Expenses	273.44	326.57	294.75	279.92	279.90	309.05	274.14	300.07	303.63	281.65
Operating Profit	19.33	31.77	25.61	15.56	20.20	21.37	17.27	29.68	28.23	17.09
Other Income	3.62	4.29	2.62	3.74	2.23	4.60	5.66	4.61	4.14	4.27
Interest	7.87	7.88	7.94	7.89	8.38	8.69	8.76	9.47	9.32	8.43
Depreciation	5.88	5.86	6.40	6	5.91	6.10	6.14	6.63	6.45	6.57
Profit Before Tax	9.21	22.32	31.17	5.92	10.18	12.90	8.02	18.19	16.60	6.36
Tax	2.03	5.68	5.64	0.85	2.23	3.09	2.05	4.65	4.09	1.60
Net Profit	7.18	16.64	25.53	5.06	7.96	9.82	5.98	13.54	12.50	4.76
Eps in Rs	0.82	1.91	2.93	0.58	0.91	1.13	0.69	1.56	1.44	0.55