Carnation Industries Ltd vs Nelcast Ltd Stock Comparison

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Last Updated on: May 14, 2026

Key Highlights

The Latest Trading Price of Carnation Industries Ltd is ₹ 88.6 as of 11 May 15:30 . The P/E Ratio of Carnation Industries Ltd changed from 0 on March 2021 to 0 on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe P/E Ratio of Nelcast Ltd changed from 62.3 on March 2021 to 19.3 on March 2025 . This represents a CAGR of -20.89% over 5 years The Market Cap of Carnation Industries Ltd changed from ₹ 0 crore on March 2021 to ₹ 0 crore on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Market Cap of Nelcast Ltd changed from ₹ 563.33 crore on March 2021 to ₹ 721.41 crore on March 2025 . This represents a CAGR of 5.07% over 5 years The revenue of Carnation Industries Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 revenue of ₹ 0 crore. This represent the decline of 0% The revenue of Nelcast Ltd for the Dec '25 is ₹ 332.19 crore as compare to the Sep '25 revenue of ₹ 303.01 crore. This represent the growth of 9.63% The ebitda of Carnation Industries Ltd for the Dec '25 is ₹ 0 crore as compare to the Sep '25 ebitda of ₹ 0 crore. This represent the decline of 0% The ebitda of Nelcast Ltd for the Dec '25 is ₹ 35.86 crore as compare to the Sep '25 ebitda of ₹ 21.36 crore. This represent the growth of 67.88% The net profit of Carnation Industries Ltd changed from ₹ 0 crore to ₹ 0 crore over 7 quarters. This represents a CAGR of 0.0% The net profit of Nelcast Ltd changed from ₹ 7.96 crore to ₹ 15.9 crore over 7 quarters. This represents a CAGR of 48.49% The Dividend Payout of Carnation Industries Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Nelcast Ltd changed from 19.25 % on March 2021 to 11.67 % on March 2025 . This represents a CAGR of -9.53% over 5 years .

About Carnation Industries Ltd

Initiated in 1982, as Carnation Enterprise Pvt.
Ltd, the Company has come to be known as Carnation Industries Limited in 1994.
The Company initially started off as a merchant exporter firm and made a gradual shift into manufacturing by the mid-eighties and today has three Grey Iron foundries and one Ductile Iron unit in West Bengal. Initially, the Company was engaged in the manufacture of foundry based engineering goods namely Castings having plants in West Bengal.
The Company's products include ductile and grey iron sanitary castings, such as manholes, catch basins frames and grates; ductile and grey iron valve boxes, meter boxes, surface boxes, service boxes and step iron; ductile and grey iron gulley gratings, syphones and hydrants; ductile iron railway castings; ductile iron M J fittings, push on fittings, related products; ductile iron glands, flanges, anchor flanges and brackets; accessories for fittings; ductile iron industrial and auto casting; marine items, such as mushroom anchors, naval anchors and river anchors; counter weights for fork lifts, and MS, SS bolts, rubber gaskets, GRP plates, brass fittings and industrial leather gloves.

About Nelcast Ltd

Nelcast Limited was incorporated on 7 June, 1982 as 'Nelcast Private Limited' at Nellore, Andhra Pradesh.
Subsequently, Company was converted into a Public Limited Company and the name was changed to Nelcast Limited on 20 September 1995. Mr P. Radhakrishnan Reddy promoted the Company.
Nelcast is a leading producer of ductile & grey iron castings in India.
Besides a strong position in domestic market, the Company has a rapidly growing presence spread across North America, Europe and Southeast Asia.
It has total installed production capacity of 160,000 Metric tonnes per annum.

FAQs for the comparison of Carnation Industries Ltd and Nelcast Ltd

Which company has a larger market capitalization, Carnation Industries Ltd or Nelcast Ltd?

Market cap of Carnation Industries Ltd is 30 Cr while Market cap of Nelcast Ltd is 1,274 Cr

What are the key factors driving the stock performance of Carnation Industries Ltd and Nelcast Ltd?

The stock performance of Carnation Industries Ltd and Nelcast Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Carnation Industries Ltd and Nelcast Ltd?

As of May 14, 2026, the Carnation Industries Ltd stock price is INR ₹88.6. On the other hand, Nelcast Ltd stock price is INR ₹146.5.

How do dividend payouts of Carnation Industries Ltd and Nelcast Ltd compare?

To compare the dividend payouts of Carnation Industries Ltd and Nelcast Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.