Nelcast Ltd grabbed headlines in the stock market today after its share price hit the 20% upper circuit. This sudden surge came right after the company announced its impressive fourth-quarter results for the financial year 2024-25.
The company reported strong numbers, with its net profit jumping by a massive 167% compared to the same quarter last year. Investors quickly reacted to the news, pushing the stock price up sharply in today’s trading session.
In this post, we’ll break down Nelcast’s financial performance, recent stock movement, and also check its Halal compliance status for those interested in ethical investing.
Q4 FY25 Financial Highlights
Nelcast posted a solid performance for the March 2025 quarter:
- Revenue: ₹330 crore, up 12% from ₹295 crore in Q4 last year.
- Net Profit: ₹13.5 crore, a huge increase from ₹5.07 crore in the same period last year.
- EBITDA: ₹29.7 crore, growing by 91% YoY.
- EPS: ₹1.56, compared to ₹0.58 in Q4 FY24.
The company attributed this growth to higher demand, cost control measures, and improved operational efficiency across its plants.
Stock Performance
Following the quarterly result announcement, Nelcast’s stock price surged by 20% to hit its upper circuit at ₹126.28 on the BSE.
Here’s a quick look:
- Previous Close: ₹105.24
- Day’s High: ₹126.28
- Market Capitalisation: ₹920 crore
- PE Ratio: 31.96
The stock has shown good momentum lately, and this result has only added more fuel to the rally.
Is Nelcast Ltd Stock Halal and Shariah Compliant?
For those who prefer investing in Halal stocks, Nelcast has cleared the Criteria of Shariah compliance screening.
- Business Activity: Metal Fabrication (Pass)
- Impermissible Income to Total Revenue: 0.54% (Pass)
- Interest-Bearing Debt to Total Assets: 29.07% (Pass)
- Illiquid Assets to Total Assets Ratio: 61.15% (Pass)
- Net Liquid Assets vs Market Capitalisation: Pass
- Non-Compliant Investments to Total Assets: Less than 33% (Pass)
So yes, Nelcast Ltd stock is currently Halal and Shariah compliant.
Also Read : Halal Penny Stocks Under Rs 10 in 2025
About the Company
Nelcast Ltd is one of India’s leading manufacturers of ductile and grey iron castings. Its products cater to sectors like commercial vehicles, railways, tractors, and industrial machinery. The company has a strong presence in the domestic market and is steadily expanding its business overseas.
Looking ahead, management expects demand to stay strong and has plans to invest in capacity expansion and technology upgrades to meet future growth opportunities.
Conclusion
Nelcast’s sharp jump in profit and 20% stock rally have caught the market’s attention. Strong quarterly results, positive outlook, and Halal compliance make it a stock worth tracking for a broad range of investors.
Disclaimer: This post is for informational purposes only. It’s not investment advice. Please do your own research or consult a financial advisor before investing.
Hasan is the founder of HalalFinance.co.in, created after personally struggling to find reliable answers about halal investing in stocks. With a finance background and a passion for helping the Muslim community, He now shares well-researched, transparent, and authentic content to empower Muslims on their path to halal wealth-building.