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Nelcast (NSE:NELCAST) Profitability Rank : 8 (As of Sep. 2024)


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What is Nelcast Profitability Rank?

Nelcast has the Profitability Rank of 8. It has a higher profitability and may stay that way.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

Nelcast's Operating Margin % for the quarter that ended in Sep. 2024 was 4.62%. As of today, Nelcast's Piotroski F-Score is 6.


Competitive Comparison of Nelcast's Profitability Rank

For the Metal Fabrication subindustry, Nelcast's Profitability Rank, along with its competitors' market caps and Profitability Rank 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's Profitability Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nelcast's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Nelcast's Profitability Rank falls into.



Nelcast Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Nelcast has the Profitability Rank of 8. It has a higher profitability and may stay that way.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Nelcast's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=152.75 / 3304.241
=4.62 %

* 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.

2. Piotroski F-Score

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Nelcast has an F-score of 6 indicating the company's financial situation is typical for a stable company.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Warning Sign:

Nelcast Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -6.6%.

4. Consistency of the profitability

5. Predictability Rank


Nelcast Profitability Rank Related Terms

Thank you for viewing the detailed overview of Nelcast's Profitability Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Nelcast Business Description

Traded in Other Exchanges
Address
159, T.T.K. Road, Alwarpet, Chennai, TN, IND, 600018
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 requirement 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.

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