Nelcast Limited has informed the Exchange about Investor Presentation
NELCAST · price
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Awaiting price reaction for this filing.
Nelcast reported strong Q1FY26 results with revenue growing 11.1% YoY to Rs. 336.0 crore, driven by demand pickup in tractor and commercial vehicle segments. EBITDA surged 44.3% YoY to Rs. 32.4 crore, with margins expanding 222 basis points to 9.6%, and profit after tax jumped 57.2% YoY to Rs. 12.5 crore. EBITDA per kg rose 24.4% to Rs. 14.7, moving closer to the company's Rs. 15 per kg target for FY26, supported by better product mix and operational efficiency. Exports grew 17.3% YoY to Rs. 115.4 crore, now contributing 35% of revenue, while the company also achieved a milestone by developing its largest-ever single casting of ~500 kg, submitted for customer approval.
The strong beat on profitability and clear margin guidance signal a positive quarter for shareholders. Improving EBITDA per kg and expanding export share could support better valuation, though investors should track whether the Rs. 15/kg target is achieved and how the new 500 kg casting translates into commercial orders.