Nelcast Limited
Valuation (74/100) does the heavy lifting; quality (28/100) is the drag.
Buy zoneSolvency riskStocksWizard rates Nelcast Limited a Sell, scoring 40/100 on our blended model. We put fair value near ₹143.11; at ₹121.37 that leaves roughly 18% upside, so the stock screens undervalued by 18%. On 24.1x trailing earnings it sits cheaper than the Industrials median of about 29.0x. The price is about 30% below its 52-week high of ₹173.1 and 38% above the low of ₹87.71. Financial health scores 16/100, in the distress band on the Altman Z-score, with a Piotroski F-score of 6/9. It clears 5 of 10 investability checks, with durability 28, valuation 69 and momentum 29 on our 0–100 scales.
Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.
With a 20% margin of safety, our buy-below price is ₹114.48.
1-year price
EOD · 2026-07-3152-week range
-29.89% from the 52-week high.
Price above both moving averages reads as an intact uptrend; below both, the trend is against you.
Verdict pillars
Sell40Piotroski F-score 6/9 — quality of earnings & balance sheet.
Our scores
Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.
Investability checklist
- No data: ROE above 15%
- No data: Low debt (D/E < 0.5)
- Pass: Positive free cash flow
- Pass: Revenue growth > 10%: 27%
- Pass: Earnings growing: 4%
- Fail: Net margin ≥ 10%: 5.8%
- No data: Current ratio > 1.5
- Pass: Below our fair value
- Fail: Margin of safety ≥ 20%
- Pass: Above 200-day average
- Fail: Above 50-day average
- No data: Positive 1-year return
- Fail: Altman Z in safe zone: Z 1.64
- Fail: Piotroski ≥ 7: 6/9
Quarterly results
Shareholding
- Promoter80.5%
- Institutions0.0%
- Public & other19.5%
Promoter holding via insider stake; institutional via reported holdings.
Key fundamentals
Bull case vs bear case
Bull case
Opportunities
- Revenue growing (27% YoY).
- Trading in our value buy zone versus sector peers.
Bear case
Threats
- Balance-sheet stress — Altman Z 1.64.
About Nelcast Limited
Nelcast Limited manufactures ductile and grey iron castings for commercial and agricultural applications in India and internationally. Its product range includes vehicle suspension and steering components, differential carriers, wheel hubs, brake drums and rotors, and tractor components such as axle housings and hydraulic lift covers.
Nelcast Limited — frequently asked questions
Is Nelcast Limited a buy, hold or sell?
StocksWizard currently rates Nelcast Limited (NELCAST) a Sell, based on a blended score of 40/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.
What is Nelcast Limited's fair value?
Our blended DCF and relative-valuation model estimates Nelcast Limited's fair value at about ₹143.11, versus a current price of ₹121.37 — roughly 18% upside. On that basis the stock looks undervalued by 18%.
Is Nelcast Limited financially healthy?
Nelcast Limited scores 16/100 on our financial-health model, placing it in the distress band on the Altman Z-score, with a Piotroski F-score of 6/9.
How has Nelcast Limited's share price performed?
Nelcast Limited is down 16% over three months, and last traded at ₹121.37. Past performance doesn't predict future returns.
More in Industrials
View allOur verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.