Financial Results (Standalone - Quarter Ended September 30, 2026)

Income:

  • Revenue from Operations: ₹405.05 crore
  • Other Income: ₹3.61 crore
  • Total Income: ₹409.56 crore

Expenses:

  • Cost of Materials Consumed: ₹177.77 crore
  • Changes in Inventories: ₹4.78 crore
  • Power & Fuel: ₹35.68 crore
  • Employee Benefits Expense: ₹22.89 crore
  • Finance Costs: ₹7.45 crore
  • Depreciation & Amortization: ₹6.97 crore
  • Other Expenses: ₹132.05 crore
  • Total Expenses: ₹387.58 crore

Profitability:

  • Profit Before Exceptional Items and Tax: ₹21.98 crore
  • Exceptional Items: None
  • Profit Before Tax: ₹21.98 crore
  • Tax Expense: ₹5.78 crore (Current Tax: ₹5.40 crore, Deferred Tax: ₹0.38 crore)
  • Profit for the Period: ₹16.20 crore
  • Other Comprehensive Income: ₹0.08 crore
  • Total Comprehensive Income: ₹16.12 crore

Per Share Data:

  • Basic EPS: ₹1.86
  • Diluted EPS: ₹1.86
  • Paid-up Equity Share Capital: ₹17.40 crore
  • Face Value per Share: ₹2.00

Half-Year Performance (Standalone - April-September 2026)

Income:

  • Revenue from Operations: ₹747.00 crore
  • Other Income: ₹7.95 crore
  • Total Income: ₹754.95 crore

Profitability:

  • Profit Before Tax: ₹22.96 crore
  • Tax Expense: ₹5.72 crore
  • Profit for the Period: ₹17.26 crore
  • Total Comprehensive Income: ₹17.14 crore

Comparative Performance

Quarterly Comparison (YoY):

  • Revenue from Operations: Increased from ₹208.74 crore (Q2 FY26) to ₹405.05 crore (Q2 FY27)
  • Profit Before Tax: Increased from ₹6.36 crore (Q2 FY26) to ₹21.98 crore (Q2 FY27)
  • Profit for the Period: Increased from ₹4.76 crore (Q2 FY26) to ₹16.20 crore (Q2 FY27)

Half-Year Comparison (YoY):

  • Revenue from Operations: Increased from ₹630.60 crore (H1 FY26) to ₹747.00 crore (H1 FY27)
  • Profit Before Tax: Increased from ₹22.96 crore (H1 FY26) to ₹22.96 crore (H1 FY27)
  • Profit for the Period: Increased from ₹17.26 crore (H1 FY26) to ₹17.26 crore (H1 FY27)

Balance Sheet Position (Standalone as of September 30, 2026)

Assets:

  • Total Non-Current Assets: ₹528.61 crore
  • Property, Plant and Equipment: ₹455.18 crore
  • Capital Work-in-Progress: ₹5.76 crore
  • Other Intangible Assets: ₹0.43 crore
  • Investments: ₹63.44 crore
  • Other Non-Current Assets: ₹3.80 crore
  • Total Current Assets: ₹658.15 crore
  • Inventories: ₹184.43 crore
  • Trade Receivables: ₹346.22 crore
  • Cash and Cash Equivalents: ₹72.23 crore
  • Other Financial Assets: ₹20.78 crore
  • Other Current Assets: ₹34.49 crore
  • Total Assets: ₹1,186.76 crore

Equity and Liabilities:

  • Total Equity: ₹611.72 crore
  • Equity Share Capital: ₹17.40 crore
  • Other Equity: ₹594.32 crore
  • Total Non-Current Liabilities: ₹83.69 crore
  • Borrowings: ₹31.85 crore
  • Deferred Tax Liabilities: ₹51.84 crore
  • Total Current Liabilities: ₹491.35 crore
  • Borrowings: ₹203.64 crore
  • Trade Payables: ₹208.21 crore
  • Other Financial Liabilities: ₹10.80 crore
  • Other Current Liabilities: ₹12.78 crore
  • Provisions: ₹2.17 crore
  • Current Tax Liabilities: ₹3.04 crore
  • Total Liabilities: ₹575.04 crore

Cash Flow Statement (Standalone - Half-Year Ended September 30, 2026)

Operating Activities:

  • Cash generated from Operations: ₹44.51 crore
  • Taxes Paid: ₹5.85 crore
  • Net Cash from Operating Activities: ₹38.66 crore

Investing Activities:

  • Purchase of Property, Plant and Equipment: ₹8.00 crore
  • Proceeds from Sale of Property, Plant and Equipment: ₹0.55 crore
  • Increase in Capital Work-in-Progress: ₹6.74 crore
  • Purchase of Investments: ₹1.06 crore
  • Interest Received: ₹2.87 crore
  • Net Cash used in Investing Activities: ₹8.38 crore

Financing Activities:

  • Proceeds from Long-Term Borrowings: ₹10.00 crore
  • Repayment of Long-Term Borrowings: ₹7.06 crore
  • Interest Paid: ₹14.01 crore
  • Dividend Paid: ₹6.09 crore
  • Net Cash used in Financing Activities: ₹17.16 crore

Net Change:

  • Net Increase in Cash and Cash Equivalents: ₹13.31 crore

Notes to Financial Results

1. The results were reviewed by the Audit Committee and approved by the Board of Directors on November 2, 2026.

2. Financial statements prepared in compliance with Indian Accounting Standards (Ind AS).

3. Company operations relate to only one primary segment: Iron Castings.

4. Consolidated results include subsidiary NC Energy Limited, which has not commenced commercial operations.

5. Previous year figures have been regrouped/rearranged where necessary.

6. Results are available at www.nelcast.com, www.bseindia.com, and www.nseindia.com.

Auditor's Review

K Nagaraju & Associates conducted a limited review of both standalone and consolidated financial results. Their report states that nothing has come to their attention that causes them to believe that the statements contain any material misstatement or fail to disclose information required by SEBI LODR Regulations.

For the consolidated results, the auditors noted that the subsidiary NC Energy Limited (with total assets of ₹41.31 crore) has not commenced operations and its results are not material to the group. The subsidiary's financial results were not reviewed by their auditors but were certified by management.