Nelcast reported a 29.9% increase in net profit to ₹48.43 crore for the financial year ended March 31, 2026, driven by improved operational efficiency and higher volumes. Revenue from operations grew 6.1% to ₹1,328.4 crore, supported by robust domestic demand in the commercial vehicle and tractor segments. EBITDA increased by 17.8% to ₹124.46 crore, with margins improving to 9.3% from 8.3% in the previous year.

The company’s production volume increased to 91,305 metric tonnes from 83,637 metric tonnes in the previous year, registering a growth of approximately 9%. Export turnover for the year stood at ₹384.91 crore, contributing about 29% of the total turnover. The board has recommended a dividend of 35%, or ₹0.70 per share, for the financial year 2025-26, subject to shareholder approval.

Financial Performance

The company’s profitability improved significantly during the year, with EBITDA per kilogram rising to ₹13.6 compared to ₹12.6 in the previous year. This reflects the benefits of a better product mix, improved operating leverage, and sustained cost optimisation initiatives. Return on Net Worth improved to 8.1% from 6.7%, while the debt-to-equity ratio improved to 0.4x from 0.5x.

Operational Highlights

During the year, the company secured several new business wins that will support a significant ramp-up of its Pedapariya facility. These products represent a move towards higher-value, more technically complex products, supporting margin expansion. Approximately 70% of the company’s electricity requirements are currently met through renewable energy sources.

Outlook

The outlook for FY 2026-27 remains positive, supported by continued momentum in infrastructure spending, healthy replacement demand in the commercial vehicle segment, and improving rural demand. Domestic demand, particularly in the commercial vehicle segment, is expected to remain supportive, while export markets are showing encouraging signs of recovery.

Nelcast Limited has closed its trading window for designated persons, their immediate relatives, and connected persons effective July 1, 2026. The restriction will remain in force until 48 hours after the company declares its financial results for the quarter ending June 30, 2026. This action is pursuant to the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct to Regulate, Monitor and Report trading in securities.

The closure prevents insiders from trading in the company's securities during the period leading up to the financial results announcement. This is a standard compliance measure to ensure that no unpublished price-sensitive information is exploited for trading gains. The blackout period covers the entire duration of the quarter's result preparation and the immediate aftermath of the public disclosure.

Compliance Details

The company has formally notified the stock exchanges regarding the closure of the trading window. The communication was addressed to BSE Limited and the National Stock Exchange of India Limited to ensure the information is placed on public record.

The move ensures that all market participants have equal access to material information once the results are made public. The company's Board and compliance officers will monitor adherence to these regulations during the closed period.