Nelcast (NSE:NELCAST) Dividend Payout Ratio: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:NELCAST Nelcast Ltd NSE:NELCAST
78 GF Score
Price ₹128.43
GF Value ₹138.16
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Nelcast Dividend Payout Ratio?

Nelcast NSE:NELCAST -3.29% 78 Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus rates NSE:NELCAST with a GF Score™ of 78/100 and a GF Value™ of ₹138.16 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,722 Industrial Products companies, Nelcast ranks better than 93.15% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Nelcast's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Nelcast's Dividend Payout Ratio or its related term are showing as below:

NSE:NELCAST' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.1   Max: 0.24
Current: 0.09


During the past 13 years, the highest Dividend Payout Ratio of Nelcast was 0.24. The lowest was 0.09. And the median was 0.10.

NSE:NELCAST's Dividend Payout Ratio is ranked better than
93.15% of 1722 companies
in the Industrial Products industry
Industry Median: 0.37 vs NSE:NELCAST: 0.09

As of today (2026-07-17), the Dividend Yield % of Nelcast is 0.38%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nelcast was 3.40%. The lowest was 0.18%. And the median was 0.34%.

Nelcast's Dividends per Share for the months ended in Mar. 2026 was ₹0.00.

During the past 12 months, Nelcast's average Dividends Per Share Growth Rate was 25.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 18.60% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nelcast was 58.70% per year. The lowest was -41.50% per year. And the median was 11.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.


Nelcast (NSE:NELCAST) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Nelcast Dividend Payout Ratio Related Terms


Nelcast Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Nelcast's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nelcast Dividend Payout Ratio Chart

Nelcast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.09 0.09 0.10 0.09

Nelcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.91 0.00 0.00

NSE:NELCAST vs CRS, ATI, MLI: Dividend Payout Ratio Comparison

For the Metal Fabrication subindustry, Nelcast's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nelcast Dividend Payout Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nelcast's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nelcast's Dividend Payout Ratio falls into.


NSE:NELCAST
78GF Score
Nelcast Ltd NSE:NELCAST
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nelcast Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Nelcast's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=0.5/ 5.575
=0.09

Nelcast's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=0/ 1.76
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.00 mean?
Nelcast (NSE:NELCAST) has a Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nelcast and its competitors. Over the past decade, Nelcast's Dividend Payout Ratio has ranged from 0.09 to 0.24. According to the industry distribution chart, Nelcast ranks #118 out of 1722 companies in the Industrial Products industry, placing it in the top 6.9%.
Is Nelcast's Dividend Payout Ratio too high?
Nelcast's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.24. Based on the distribution chart, Nelcast ranks #118 out of 1722 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Nelcast has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nelcast's Dividend Payout Ratio compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nelcast ranks #118 out of 1722 companies for Dividend Payout Ratio. This places Nelcast in the top 7% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.37. Historically, Nelcast's own Dividend Payout Ratio has ranged from 0.09 to 0.24 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,722 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Nelcast and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelcast's current Dividend Payout Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelcast stock overvalued right now?
Based on GuruFocus' analysis, Nelcast (NSE:NELCAST) is currently considered Fairly Valued. The stock's GF Value™ is ₹138.16, compared to a current price of ₹128.43 — trading 7% below its estimated fair value. The current Dividend Payout Ratio is 0.00. Nelcast's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Nelcast (NSE:NELCAST), the current Dividend Payout Ratio is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nelcast (NSE:NELCAST) Overvalued in 2026?

Based on GuruFocus' analysis, Nelcast stock appears to be undervalued. The current stock price of ₹128.43 is trading 7% below its estimated GF Value™ of ₹138.16. GuruFocus considers Nelcast to be Fairly Valued.

Key valuation signals for NSE:NELCAST:

  • Dividend Payout Ratio: 0.00
  • GF Value™: ₹138.16 vs. price of ₹128.43 (7% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the NSE:NELCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nelcast Business Description

Other Exchanges 532864:India
Address 159, T.T.K. Road, Alwarpet, Chennai, TN, IND, 600 018
Nelcast Ltd is an Indian company engaged in the business of manufacturing iron castings. Through manufacturing casting components, the company has different types of products that meet the requirements of different kinds of automation used in different industries. It manufactures parts to be used in various applications in an automobile, such as the engine, transmission, suspension, axle, brake, and steering. It also caters to the tractor industry for their requirement of various housing as well as engine, transmission, and axle components. The company caters to the railways and the pipe fitting industries as well. Geographically, the group has a business presence in India and other countries, of which a majority of the revenue is derived from India.
78GF Score

Get the complete analysis for NSE:NELCAST

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹128.43
Price
₹138.16
GF Value