Nelcast Q1 FY26-27: Revenue up 2.8%, PAT drops 59% YoY
NELCAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 15.0 pts less than Nifty Microcap 250 and 14.2 pts less than its Castings & Forgings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Nelcast Limited reported Q1 FY26-27 standalone revenue of Rs 341.05 crore, up 2.8% YoY from Rs 331.86 crore. However, net profit fell sharply to Rs 5.14 crore from Rs 12.50 crore, a 59% YoY decline. Total expenses rose to Rs 338.70 crore from Rs 319.40 crore, hurting margins. Other expenses climbed while finance costs eased. EPS dropped to Rs 0.59 from Rs 1.44. Auditors issued a clean limited review report with no qualifications. Consolidated results are identical to standalone as subsidiary NC Energy has not started operations.
Sharp YoY profit drop despite steady revenue signals margin pressure; investors should watch for cost control and demand recovery in coming quarters.