NELCAST LTD chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 106.92
Dividend & Yield0.30₹ (0.50%)
Beta 0.64
Market capitalization 5.44B
Operating cash flow -129.24M
ESG Scores unknown

Company description

Nelcast Limited engages in the manufacturing and selling ductile and grey iron castings in India and internationally. The company provides commercial components, including bogie suspension brackets, conventional suspension/engine/steering/cab mounting brackets, rear and forward differential carriers, flanged and plain half products, wheel hubs, bearing caps, brake drums, and brake disc rotors; and tractor/farm components, such as hydraulic lift covers, and front engine support, as well as axle, four-wheel drive front axle, transmission clutch, and center/differential housing products. It also offers off highway/army components that include transmission and differential cases, converter and axle housing, and planetary carriers; railway products comprising brake discs and base plates for ballastless track systems; SUV/car components consisting of case bodies and caps, and drive heads; and powertrain components that include gearbox and flywheel housing, and exhaust manifold products. The company serves automotive, tractor, construction, mining, railways, and general engineering sectors. Nelcast Limited was incorporated in 1982 and is based in Chennai, India.

Sector: Industrials - Industry: Metal Fabrication

Financial Ratios
Quick Ratio0.94
Working Capital0.1
Return On Equity0.03
Debt To Equity0.31
Fixed Asset Ratio0
Fixed Interest Cover1.37

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 118.86M -256.71M 473.35M 526.3M
Total Cashflows From Investing Activities -1.25B -627.59M -176.01M -319.04M
Net Borrowings 608.75M 501.33M -335.43M 299.54M
Total Cash From Financing Activities 437.58M 271.27M -507.84M 23.91M
Change To Operating Activities 283.86M -126.94M 295.7M -113.91M
Issuance Of Stock
Net Income 384.41M 360.05M 90.42M 142.25M
Change In Cash -65.87M -38.97M 142.07M -424.38M
Effect Of Exchange Rate
Total Cash From Operating Activities 746.52M 317.34M 825.92M -129.24M
Depreciation 173.35M 183.59M 215.66M 226.17M
Change To Account Receivables -45.36M 115.6M -507.47M -740.4M
Other Cashflows From Financing Activities -84.17M -143.06M -172.41M -258.24M
Change To Netincome 119.75M -79.37M 170.56M 233.06M
Capital Expenditures -1.26B -666.42M -1.73B -411.66M

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 577.16M 308.08M 122.88M 190.5M
Net Income 384.41M 360.05M 90.42M 142.25M
Selling General Administrative 533.61M 483.34M 467.37M 558.54M
Gross Profit 4.62B 3.31B 3.25B 3.71B
Ebit 623.68M 338.31M 246.66M 354.71M
Operating Income 623.68M 338.31M 246.66M 354.71M
Interest Expense -60.03M -84.93M -137.01M -258.24M
Income Tax Expense 192.75M -51.97M 32.46M 48.25M
Total Revenue 8.6B 5.71B 6.15B 9.27B
Cost Of Revenue 3.99B 2.4B 2.9B 5.56B
Total Other Income ExpenseNet -46.51M -30.24M -123.78M -164.21M
Net Income From Continuing Ops 384.41M 360.05M 90.42M 142.25M
Net Income Applicable To Common Shares 384.41M 360.05M 90.42M 142.25M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 3.84B 3.56B 4.07B 5.19B
Total Stockholder Equity 3.95B 4.2B 4.3B 4.42B
Other Current Liabilities 45.97M 31.56M 33.45M 157.02M
Total Assets 7.82B 7.79B 8.4B 9.63B
Common Stock 174M 174M 174M 174M
Other Current Assets 215.98M 124.57M 127.73M 181.9M
Retained Earnings 2.9B 3.15B 3.25B
Treasury Stock 4.24B
Cash 586.5M 479.99M 650.36M 614.89M
Total Current Liabilities 2.46B 1.81B 2.62B 3.4B
Other Stockholder Equity 4.24B
Property, Plant, and Equipment 4.21B 4.69B 4.68B 4.8B
Total Current Assets 3.51B 3.05B 3.65B 4.79B
Net Tangible Assets 3.94B 4.2B 4.3B 4.41B
Net Receivables 1.24B 1.14B 1.66B 2.41B
Accounts Payable 1.06B 805.8M 1.28B 1.81B


Insider Transactions

Here are the insider transactions of stock shares related to NELCAST LTD:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Deepak (P)Acquisition at price 1.05 per share.D2021-06-10Director (Executive)2k
Deepak (P)Acquisition at price 1.04 per share.D2021-06-09Promoter5k
Deepak (P)Acquisition at price 1.04 per share.D2021-06-09Promoter13k
Deepak P (HUF)Acquisition at price 1.06 per share.D2021-06-09Promoter6.24k
Deepak P (HUF)Acquisition at price 0.89 per share.D2021-03-31Promoter6.24k
Deepak P (HUF)Acquisition at price 0.89 per share.D2021-03-31Promoter4.24k
Deepak (P)D2020-03-30Promoter10k
Deepak (P)D2020-03-26Promoter46.2k
Deepak (P)D2020-03-26Promoter5k
Deepak (P)D2020-03-20Promoter45k
Viraja (P)D2018-06-05UNREPORTED10k
Deepak (P)D2018-03-28UNREPORTED67.9k
Veena (P)D2018-03-21UNREPORTED26k
Viraja (P)D2018-03-21UNREPORTED17.76k
Viraja (P)D2018-03-16UNREPORTED11.81k
Viraja (P)D2018-03-15UNREPORTED9.19k
Viraja (P)D2018-03-07UNREPORTED38.15k
Deepak (P)D2018-03-06UNREPORTED32.56M
Deepak P (HUF)D2018-03-05UNREPORTED50k
P VIjaya Bhaskar Reddy (HUF)D2017-04-19UNREPORTED1.89M
Reddy (Vijaya Bhaskar P)D2017-04-19Managing Director621.61k
Viraja (P)D2017-04-19UNREPORTED891.97k
Deepak P (HUF)D2016-11-23UNREPORTED14.78k
Deepak P (HUF)D2016-11-21UNREPORTED77.49k
Veena (P)D2016-11-17UNREPORTED75.06k
Viraja (P)D2015-12-28UNREPORTED50k
Viraja (P)D2015-11-27UNREPORTED26.05k
Viraja (P)D2015-10-30UNREPORTED30.43k
Viraja (P)D2014-06-19UNREPORTED120k
Reddy (Radhakrishnan P)D2013-12-31Chairman Emeritus25.54M
Divya (P)D2013-12-30Director (Executive)24k
Divya (P)D2013-12-27Director (Executive)276k
Viraja (P)D2013-12-27UNREPORTED276k
Divya (P)D2013-08-07Director (Executive)20.48k
Divya (P)D2013-08-06Director (Executive)13.68k
Divya (P)D2013-08-05Director (Executive)5.26k
Divya (P)D2013-08-02Director (Executive)14.38k
Divya (P)D2013-07-08Director (Executive)2.12k
Divya (P)D2013-07-04Director (Executive)3.22k
Divya (P)D2013-06-28Director (Executive)1.54k
Divya (P)D2013-06-26Director (Executive)7.1k
Divya (P)D2013-03-28Director (Executive)28.44k
Divya (P)D2013-03-25Director (Executive)27.22k
Divya (P)D2013-03-22Director (Executive)17.13k
Divya (P)D2013-03-21Director (Executive)33.47k
Divya (P)D2013-03-20Director (Executive)19.39k
Divya (P)D2013-03-19Director (Executive)8.27k
Divya (P)D2013-03-18Director (Executive)4.34k
Divya (P)D2013-03-15Director (Executive)16.02k
Divya (P)D2013-03-14Director (Executive)3.08k
Divya (P)D2013-03-14Director (Executive)5.32k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NELCAST LTD. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NELCAST LTD

Here is the result of two systematic investment strategies applied to NELCAST LTD. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NELCAST LTD

The following chart shows the equity curve of the two systematic investment strategies applied to NELCAST LTD:

NELCAST LTD automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 12.73% on the backtest period.

Performance at glance

Performance

12.73 %

Latent gain

316.25 ₹

Invested capital

2484.35 ₹

Annualized return

3.03 %
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Momentum strategy results on NELCAST LTD

This is the result of two momentum investment strategies applied to NELCAST LTD. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NELCAST LTD

The following chart shows all the entries opened by the momentum investment system on NELCAST LTD:

NELCAST LTD momentum entries
  • The first momentum investment strategy would give 5.05% of return on NELCAST LTD. That represents 251.1₹ of latent gain with 4968.2₹ of employed capital.
  • The second momentum investment strategy would give 6.04% of return on NELCAST LTD. That represents 199.25₹ of latent gain with 3301.5₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

5.05 %

Latent gain

251.1 ₹

Invested capital

4968.2 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

6.04 %

Latent gain

199.25 ₹

Invested capital

3301.5 ₹

Annualized return

1.62 %

Momentum equity curve on NELCAST LTD

The following chart shows the equity curve of the two momentum strategies applied to NELCAST LTD:

NELCAST LTD momentum equity

Note: the dividends potentially given by NELCAST LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NELCAST LTD

The following chart shows the employed capital evolution of the two momentum strategies on NELCAST LTD since the beginning:

NELCAST LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on NELCAST LTD

Buy the dip entry openings on NELCAST LTD

NELCAST LTD

The performance achieved by the robo-advisor on NELCAST LTD is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows NELCAST LTD stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NELCAST LTD, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to NELCAST LTD

The following chart shows the result of the investment strategy applied to NELCAST LTD:

NELCAST LTD

Note: the dividends potentially given by NELCAST LTD are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NELCAST LTD

The following chart shows the employed capital evolution since the beginning of the investment strategy on NELCAST LTD:

NELCAST LTD

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NELCAST LTD

In this section, I will compare the three previous investment strategies applied to NELCAST LTD.

Equity curve comparison on NELCAST LTD

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NELCAST LTD investment strategy comparison

Employed capital comparison on NELCAST LTD

NELCAST LTD investment comparison

Performance comparison on NELCAST LTD

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 12.73% 316.25₹ 2484.35₹ 3.03%
Momentum 1 quarter 5.05% 251.1₹ 4968.2₹ 1.28%
Momentum 2 quarters 6.04% 199.25₹ 3301.5₹ 1.62%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

3.03 %

Momentum 1Q

1.62 %

Momentum 2Q

1.62 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NELCAST LTD:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NELCAST LTD and the other stocks. There may be false positives or some missing correlated stocks. If the price of NELCAST LTD does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NELCAST LTD
Country India
City Chennai
Address 159, T.T.K. Road
Phone 91 44 2498 3111
Website nelcast.com
FullTime employees
Industry Metal Fabrication
Sector Industrials
Exchange XNSE
Ticker NELCAST.XNSE
Market

NELCAST LTD ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown