StockWatch
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Castings & Forgings
Quarterly Result27 Jul 2026, 03:30 pm

Nelcast Ltd Reports Q1 FY27 Results; Revenue Up 2.8%

AI Summary

Nelcast Ltd announced its financial results for the first quarter ended June 30, 2026. Total revenue increased by 2.8% to ₹345.4 Crores from ₹336.0 Crores in Q1 FY26. EBITDA stood at ₹20.1 Crores with a margin of 5.8%, impacted by elevated raw material costs and labor constraints. Profit After Tax (PAT) was ₹5.1 Crores. The company highlighted steady performance driven by demand in tractor and commercial vehicle segments, and sequential improvement in exports. New product launches are expected to contribute significantly from H2 FY27, with capacity utilization projected to improve. Nelcast is also expanding customer relationships in Europe.

Key Highlights

  • Q1 FY27 revenue grew 2.8% YoY to ₹345.4 Crores.
  • EBITDA margin declined to 5.8% due to input cost pressures.
  • PAT decreased by 58.9% YoY to ₹5.1 Crores.
  • New product launches expected to boost volumes from H2 FY27.
  • Exports show sequential improvement; European customer base expanding.