Q2FY27 profit surges 241% as exports jump 78%
NELCAST · price
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On the reaction day the stock moved 13.5 pts more than Nifty Microcap 250 and 13.8 pts more 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 posted record Q2FY27 revenue of ₹409.6 crore, up 35.2% year on year, EBITDA of ₹36.4 crore, up 70.4%, and profit after tax of ₹16.2 crore, up 240.7%. Export revenue rose 78.3% to ₹140.9 crore, while EBITDA per kg improved to ₹14.3 from ₹10.3. Management expects commercial vehicles and exports to offset slower tractors in H2FY27.
Record quarterly results and stronger exports may support sentiment, though slower tractor demand and input-cost risks remain.