Munish Forge Ltd vs Nelcast Ltd Stock Comparison

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Last Updated on: May 01, 2026

Key Highlights

The Latest Trading Price of Munish Forge Ltd is ₹ 68.9 as of 30 Apr 15:30 . The P/E Ratio of Munish Forge 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 Munish Forge 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 Munish Forge 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 Munish Forge 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 Munish Forge 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 Ratio of Munish Forge Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout Ratio 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 Munish Forge Ltd

Munish Forge Limited was initially established by the Promoter, Mr. Davinder Bhasin, under the name of 'Gaisu Forge Private Limited with the main object in manufacturing forged components like cycle parts, electrical insulator parts and metalwork on July 25, 1986 with the Registrar of Companies, Punjab, Himachal Pradesh & Chandigarh.
The Company changed the name from Gaisu Forge Private Limited to Munish Forge Limited, transitioning from a private to a public entity, marking a significant milestone in growth by the addition of new products like Flange, further expanding its business operations on May 3, 1995.
The Company restructured again and changed its status from a Limited Company to a Private Limited Company as Munish Forge Private Limited in 2002.
Subsequently, Company was again converted from a Private Limited to Public Limited and the name of the Company was changed from 'Munish Forge Private Limited' to 'Munish Forge Limited' and a Fresh Certificate of Incorporation was issued on December 17, 2024.

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 Munish Forge Ltd and Nelcast Ltd

Which company has a larger market capitalization, Munish Forge Ltd or Nelcast Ltd?

Market cap of Munish Forge Ltd is 165 Cr while Market cap of Nelcast Ltd is 1,234 Cr

What are the key factors driving the stock performance of Munish Forge Ltd and Nelcast Ltd?

The stock performance of Munish Forge 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 Munish Forge Ltd and Nelcast Ltd?

As of May 1, 2026, the Munish Forge Ltd stock price is INR ₹68.9. On the other hand, Nelcast Ltd stock price is INR ₹141.85.

How do dividend payouts of Munish Forge Ltd and Nelcast Ltd compare?

To compare the dividend payouts of Munish Forge 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.