Alerts will be sent to your verified email
Verify EmailNELCAST
Balance sheet of Nelcast is strong.
But short term working capital might become an issue for this company.
The net debt of Nelcast is decreasing.
Latest net debt of Nelcast is ₹138 Crs as of Mar-25.
This is less than Mar-24 when it was ₹159 Crs.
The profit is oscillating.
The profit of Nelcast is ₹41.84 Crs for TTM, ₹37.18 Crs for Mar 2025 and ₹54.27 Crs for Mar 2024.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Nelcast latest dividend payout ratio is 11.7% and 3yr average dividend payout ratio is 9.99%
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable