Nelcast earnings calls.

Nelcast delivered a strong Q3 FY26 with ₹332 croreCurrent reported value: ₹332 crore. No comparable prior figure is available in the source record. revenue (+11.9Current reported value: 11.9. No comparable prior figure is available in the source record.% YoY) and ₹35.9 croreCurrent reported value: ₹35.9 crore. No comparable prior figure is available in the source record. EBITDA (+56% YoY), margin expanding 456bps to 10.8Current reported value: 10.8. No comparable prior figure is available in the source record.%. PAT surged 166% YoY to ₹15.9 croreCurrent reported value: 166% YoY to ₹15.9 crore. No comparable prior figure is available in the source record.. The recovery was driven by firm M&HCV and tractor demand following GST reductions, cost optimization measures implemented during Q2 softness, and improving export sentiment. Large casting mix at Pedapara has reached 3-4% of revenue with commercialization from FY27 expected to drive margin expansion toward ₹17-18/kg EBITDACurrent reported value: ₹17-18/kg EBITDA. No comparable prior figure is available in the source record. in 2-3 years. FY26 volume guidance of 88,000-90,000 tons with minimum 10% growth expected in FY27. Risks include raw material price increases and export demand uncertainty amid US tariff volatility, while working capital management through tighter payment terms with new customers remains an ongoing focus.