Nelcast Ltd
Nelcast Q2 FY24: Revenue ₹362.6 Cr, PAT ₹16.6 Cr
Q2 FY24 investor presentation: what the company reported on revenue, margins and capex.
- Revenue
- ₹358Cr
- Net profit
- ₹17Cr
- Margin
- 9%
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Nelcast Ltd Q2 FY24 key numbers
- Revenue
- Quarter Revenue (Q2 FY24): ₹362.6 Cr, up 9.3% YoY from ₹331.7 Cr in Q2 FY23.
As stated in Nelcast Ltd's Q2 FY24 investor presentation · published 24 Sept 2026. Reported figures, not investment advice.
Based on Nelcast Ltd's Q2 FY24 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Quarter Revenue (Q2 FY24): ₹362.6 Cr, up 9.3% YoY from ₹331.7 Cr in Q2 FY23 (Page 5) - H1 FY24 Revenue: ₹659.0 Cr, 4.4% growth YoY from ₹631.2 Cr in H1 FY23 - EBITDA/kg improved: ₹14.9 i Q2FY24 EBITDA: ₹36.1 Cr, up 19.9% YoY (Q2FY23: ₹30.1 Cr) - Q2FY24 EBITDA Margin: 9.9%, up 87 basis points YoY (Q2FY23: 9.1%) - Q2FY24 PAT: ₹16.6 Cr, up 36.9% YoY (Q2FY23: ₹12.2 Cr) - Q2FY24 PAT Margin: 4.6%, up 92 basis points YoY (Q2FY23: 3.7%) Explicit margin outlook: The presentation states raw material prices are expected to remain stable at current levels going forward, supporting margin stability or improvement.
From Nelcast Ltd's Q2 FY24 earnings-call transcript · updated 24 Sept 2026.
Revenue & Sales Performance
- Quarter Revenue (Q2 FY24): ₹362.6 Cr, up 9.3% YoY from ₹331.7 Cr in Q2 FY23 (Page 5)
- H1 FY24 Revenue: ₹659.0 Cr, 4.4% growth YoY from ₹631.2 Cr in H1 FY23
- EBITDA/kg improved: ₹14.9 in Q2 FY24 vs ₹13.5 in Q2 FY23, 11% increase (Page 5)
- Product/Segment Highlights:
- Growth driven by M&HCV and exports (Page 5, 4)
- Tractor segment subdued, expected to remain so next few quarters (Page 4)
- M&HCV sales steady with expected growth in tipper sales as infrastructure projects start (Page 4)
- Exports reached record ₹130 Cr in Q2 FY24, 58% YoY growth; mild US strike impact expected in Q3 (Page 4)
- Outlook:
- Continued strong demand expected in M&HCV and exports for H2 FY24 (Page 4)
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Profitability & Margins
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Capital Expenditure Plans
- Installed capacity: 160,000 Metric Tons per Year, with potential to increase by 50,000 MT within existing plants with minimal investment (Page 19).
- Capacity expansions mentioned are primarily through upgrades of existing moulding lines, e.g., installation of a 2.1 x 1.2 m size line at Ponneri Plant (Page 8, 12).
- Emphasis on improving capacity utilization levels and operational efficiencies rather than large new capital projects (Page 8).
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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Nelcast Ltd — Quarterly revenue & net profit
Nelcast Ltd Q2 FY24 results — key figures
| ₹ Cr | Q2 FY24 |
|---|---|
| Revenue | 358 |
| Operating profit (EBITDA) | 32 |
| Operating margin | 9% |
| Profit before tax | 22 |
| Net profit (PAT) | 17 |
| EPS (₹) | 1.91 |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹406 Cr, net profit ₹16 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Nelcast's management said in earlier quarters
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Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Nelcast Ltd Q2 FY24 results?
Quarter Revenue (Q2 FY24): ₹362.6 Cr, up 9.3% YoY from ₹331.7 Cr in Q2 FY23 (Page 5) - H1 FY24 Revenue: ₹659.0 Cr, 4.4% growth YoY from ₹631.2 Cr in H1 FY23 - EBITDA/kg improved: ₹14.9 i Q2FY24 EBITDA: ₹36.1 Cr, up 19.9% YoY (Q2FY23: ₹30.1 Cr) - Q2FY24 EBITDA Margin: 9.9%, up 87 basis points YoY (Q2FY23: 9.1%) - Q2FY24 PAT: ₹16.6 Cr, up 36.9% YoY (Q2FY23: ₹12.2 Cr) - Q2FY24 PAT Margin: 4.6%, up 92 basis points YoY (Q2FY23: 3.7%) Explicit margin outlook: The presentation states raw material prices are expected to remain stable at current levels going forward, supporting margin stability or improvement.
What is Nelcast Ltd share price analysis?
Nelcast Ltd currently shows a neutral. The stock trades at a P/E of 22.9 with a market cap of ₹943 Cr. Investors should review the full earnings analysis for detailed insights.
Is Nelcast Ltd planning capital expenditure?
Installed capacity: 160,000 Metric Tons per Year, with potential to increase by 50,000 MT within existing plants with minimal investment (Page 19).
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.