Comparison · NSE · data 2026-11-02
Nelcast Limited vs Steel Exchange India Limited
In plain words
Size: Steel Exchange India Limited is about 1.1 times the market value of Nelcast Limited.
Valuation (P/E): Steel Exchange India Limited 38 vs Nelcast Limited 31.4.
Return on equity: Nelcast Limited 8.4% vs Steel Exchange India Limited 3.7%.
Debt to equity: Steel Exchange India Limited 0.57 vs Nelcast Limited 0.43.
Differences in the numbers, not a recommendation of either stock.
Side by side
| NELCAST | STEELXIND | |
|---|---|---|
| Price | ₹148 | ₹9.66 |
| Market cap | ₹1,149 cr | ₹1,228 cr |
| P/E | 31.4 | 38 |
| P/B | — | — |
| ROE | 8.4% | 3.7% |
| ROCE | 11.0% | 10.1% |
| Debt / equity | 0.43 | 0.57 |
| Operating margin | 5.3% | 10.4% |
| Dividend yield | 0.53% | 0.00% |
| Sales growth, 3 years (yearly) | 1.6% | -8.3% |
| Profit growth, 3 years (yearly) | 17.7% | — |
| 1-year return | 23.3% | -1.8% |
| Revenue, last 12 months | ₹1,338 cr | ₹1,029 cr |
| Net profit, last 12 months | ₹41 cr | ₹32 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹5 cr | ₹15 cr |
| Quarter profit vs a year earlier | -58.9% | +46.9% |
| Promoter holding | 74.87% | 49.67% |
| Health check | Average (5.1/10) | Weak (3.9/10) |
Common questions
Which has a higher P/E, Nelcast Limited or Steel Exchange India Limited?
Steel Exchange India Limited trades at the higher P/E (38 against 31.4). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Nelcast Limited (8.4% against 3.7%).
Which carries more debt?
Steel Exchange India Limited has the higher debt-to-equity ratio (0.57 against 0.43).