Nelcast Limited Reports 166% Jump in Q3FY26 Net Profit to ₹1590.20 Lakhs
Nelcast Limited reported exceptional Q3FY26 results with net profit surging 166% year-on-year to ₹1590.20 lakhs, driven by 13.1% revenue growth to ₹32962.01 lakhs. The iron castings manufacturer's nine-month performance also remained strong with 39.7% profit growth to ₹3316.31 lakhs. The company demonstrated improved operational efficiency and maintained its focus on the iron castings segment while continuing to strengthen its market position.
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Nelcast Limited delivered robust financial performance in Q3FY26, reporting a remarkable 166% year-on-year growth in net profit to ₹1590.20 lakhs. The iron castings manufacturer's strong operational efficiency and revenue growth contributed to this impressive performance for the quarter ended 31st December 2025.
Financial Performance Highlights
The company's revenue from operations grew 13.1% year-on-year to ₹32962.01 lakhs in Q3FY26, compared to ₹29140.93 lakhs in the corresponding quarter of the previous year. Total income, including other income, reached ₹33219.07 lakhs, up from ₹29706.50 lakhs in Q3FY25.
| Financial Metric | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹32962.01 lakhs | ₹29140.93 lakhs | +13.1% |
| Total Income | ₹33219.07 lakhs | ₹29706.50 lakhs | +11.8% |
| Net Profit | ₹1590.20 lakhs | ₹597.69 lakhs | +166.0% |
| Earnings per Share | ₹1.83 | ₹0.69 | +165.2% |
Nine-Month Performance
For the nine months ended 31st December 2025, Nelcast Limited maintained strong momentum with net profit of ₹3316.31 lakhs, representing a 39.7% increase from ₹2374.86 lakhs in the corresponding period last year. Revenue from operations for the nine-month period stood at ₹96021.85 lakhs, up 4.2% from ₹92193.17 lakhs in the previous year.
| Nine-Month Metrics | FY26 (9M) | FY25 (9M) | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹96021.85 lakhs | ₹92193.17 lakhs | +4.2% |
| Total Income | ₹97119.52 lakhs | ₹93442.21 lakhs | +3.9% |
| Net Profit | ₹3316.31 lakhs | ₹2374.86 lakhs | +39.7% |
Operational Efficiency and Cost Management
The company demonstrated improved operational efficiency with total expenses for Q3FY26 at ₹31083.99 lakhs compared to ₹28904.12 lakhs in Q3FY25. Key expense components included cost of materials consumed at ₹13565.01 lakhs, power and fuel costs of ₹3289.80 lakhs, and employee benefits expense of ₹2206.29 lakhs. The profit before tax for the quarter reached ₹2135.08 lakhs, significantly higher than ₹802.38 lakhs in the corresponding quarter last year.
Corporate Structure and Governance
The Board of Directors approved the unaudited standalone and consolidated financial results in their meeting held on 9th February 2026. The company's operations relate to one primary segment of iron castings, and the consolidated results include its subsidiary NC Energy Limited, which has not yet commenced commercial operations. The paid-up equity share capital remained stable at ₹1740.02 lakhs with a face value of ₹2.00 per share.
Auditor Review and Compliance
K Nagaraju & Associates, Chartered Accountants, conducted a limited review of the standalone and consolidated financial results. The financial statements have been prepared in compliance with Indian Accounting Standards (Ind AS) and meet the disclosure requirements under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Historical Stock Returns for Nelcast
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.07% | +1.74% | +25.08% | -28.34% | +10.58% | +72.25% |
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