Outcome of the Board Meeting held on 18th May 2026
NELCAST · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nelcast Ltd reported strong full-year results for FY 2025-26 ending 31 March 2026. Standalone revenue from operations grew 6% to Rs. 1,326.40 crore from Rs. 1,251.68 crore. Profit after tax (PAT) surged approximately 30% to Rs. 484.33 lakh from Rs. 372.92 lakh, driven by higher volumes and improved operational efficiency. Finance costs declined to Rs. 3,252.98 lakh from Rs. 3,530.33 lakh. The Board recommended a dividend of 35% (Rs. 0.70 per share). Statutory auditors M/s K. Nagaraju & Associates issued an unmodified (clean) opinion on both standalone and consolidated financial statements. An exceptional item of Rs. 376.36 lakh was recorded last year (FY 2024-25) from profit on sale of land. The company's subsidiary (NC Energy Limited) is yet to commence commercial operations.
Healthy 30% PAT growth and dividend declaration are positive signals for shareholders. Clean audit opinion with no concerns indicates sound financial health.